Overview
What is Hannibal Fire Company Inc?
Hannibal Fire Company Inc, located in Hannibal, New York, is a nonprofit organization dedicated to providing fire protection services for the local town and village. It is a vital part of the mutual aid system, extending assistance to neighboring towns and villages in times of need. The company's primary mission is to ensure the safety of their community, offering fire protection services that safeguard homes and businesses.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 69%)
Hannibal Fire Company Inc received a "Needs Improvement" rating from Charity Navigator, reflecting concerns about its transparency and governance practices. While the organization has a strong independent board, with 100% of board members being independent, it lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are crucial for ethical governance.
Despite the noted deficiencies, the organization demonstrates positive financial management, evidenced by a solid liabilities to assets ratio of 24.53% and a program expense ratio of 66.51%. These figures suggest that a significant portion of its resources is directed towards programs rather than administrative costs. However, the absence of required documents on its website raises questions about the organization’s commitment to accountability.
In summary, while Hannibal Fire Company Inc shows strengths in certain areas, particularly with its board structure and financial ratios, the lack of critical policies and transparency measures indicates a need for improvement. Addressing these issues could enhance its overall effectiveness and trustworthiness in the eyes of donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hannibal Fire Company Inc legitimate?
Hannibal Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hannibal Fire Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Hannibal Fire Company Inc?
Hannibal Fire Company Inc's primary mission is centered around providing fire protection for its surrounding community. This includes safeguarding both the village and town within its jurisdiction. The company is also an integral part of the mutual aid system, extending its services to neighboring towns and villages when needed. Their mission is essentially about ensuring the safety and wellbeing of their community, offering assistance during emergencies and working collaboratively with other local fire departments.
Who is the CEO of Hannibal Fire Company Inc?
Michael Flack is the President of Hannibal Fire Company Inc.
What is the revenue of Hannibal Fire Company Inc?
Hannibal Fire Company Inc's revenue in 2023 was $466,956.
Who are the executives of Hannibal Fire Company Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Hannibal Fire Company Inc?
Hannibal Fire Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hannibal Fire Company Inc
Hannibal Fire Company Inc is dedicated to providing fire protection for the community, encompassing both the town and village it serves. Beyond its local responsibilities, the organization also plays a part in the mutual aid system, extending its services to neighboring towns and villages in times of need. This mission is an essential commitment to the safety and well-being of the community, ensuring that residents can live without undue concern for potential fire hazards. Hannibal Fire Company Inc's role in the mutual aid system further underscores its commitment to working collaboratively with neighboring communities to ensure comprehensive fire protection across the region.
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Impact
July, 2024
The impact of Hannibal Fire Company Inc can be seen in its crucial role in providing fire protection for the town and village of Hannibal, NY, as well as offering mutual aid services for surrounding towns and villages. As a key part of the mutual aid system in the area, the company plays a vital role in ensuring public safety and protecting the community from the devastating effects of fires. Their dedication and service help to safeguard lives, property, and the well-being of residents in the region.
This information is meant to be a general summary of Hannibal Fire Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $51,647
- Program Service Revenue: $287,440
- Gross Receipts: $720,997
Assets and Liabilities:
- Total Assets: $2,159,030
- Total Liabilities: $529,632
- Net Assets: $1,629,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIRE PROTECTION
Revenue
$287,440
Organization Details
Founding Year
1901
Principal Officer
Michael Flack
Main Address
PO BOX 252, HANNIBAL, NY, 13074
NTEE Category
Code: M24 - Public safety
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