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Mount Hope Fire Co No 1

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222346580 ✦ Wharton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Mount Hope Fire Co No 1?

Mount Hope Fire Co No 1 is a volunteer-based nonprofit organization situated in Wharton, New Jersey, specifically at 600 Mount Hope Road. Their primary mission is to safeguard the community by providing emergency services, such as responding to fires, motor vehicle accidents, search and rescue operations, and ambulance calls. Established with the goal of protecting the community, this fire company operates as a vital resource for the Mount Hope area and its surroundings.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Mount Hope Fire Co No 1 has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The organization boasts an impressive Accountability & Finance score of 94%, highlighting its effective management of resources. The charity has all independent board members, which enhances its governance practices and ensures unbiased decision-making.

The organization demonstrates robust financial practices, with a materials diversion of assets rated at none and a program expense ratio of 90.84%. These figures suggest that the majority of its funds are directed toward its programs rather than administrative costs. Additionally, the presence of listed policies for conflict of interest, whistleblower protections, and document retention further underscores its commitment to transparency and ethical governance.

Despite its strong performance, specific areas for improvement were not highlighted in the available data. Overall, Mount Hope Fire Co No 1 appears to be a well-run organization with a clear focus on its mission and effective use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is Mount Hope Fire Co No 1 legitimate?

Mount Hope Fire Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Hope Fire Co No 1 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mount Hope Fire Co No 1?

Mount Hope Fire Co No 1's mission is centered around safeguarding the community. The organization operates with a volunteer force, striving to respond effectively to various emergencies such as fires, motor vehicle accidents, search and rescue operations, and ambulance calls. Their primary goal is to protect the community by establishing a reliable volunteer fire company, ready to act at a moment's notice. This commitment to community safety is the driving force behind Mount Hope Fire Co No 1's activities.

Who is the CEO of Mount Hope Fire Co No 1?

William A Willadsen is the President of Mount Hope Fire Co No 1.

What is the revenue of Mount Hope Fire Co No 1?

Mount Hope Fire Co No 1's revenue in 2022 was $117,502.

Who are the executives of Mount Hope Fire Co No 1 and what are their salaries?

There 22 volunteers at Mount Hope Fire Co No 1.


Here are 3 key members and their salaries:


John G Elko (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Willadsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Mccormack (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mount Hope Fire Co No 1?

Mount Hope Fire Co No 1's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mount Hope Fire Co No 1

Mount Hope Fire Co No 1 is committed to safeguarding its community by establishing a volunteer fire company. This organization's primary mission is to respond to various emergencies, including fires, motor vehicle accidents, search and rescue operations, and ambulance calls. By doing so, Mount Hope Fire Co No 1 aims to provide immediate assistance and relief during critical situations, thereby protecting the well-being of its community members.

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Impact




October, 2024

Mount Hope Fire Co No 1 plays a crucial role in safeguarding the community by providing immediate response to emergencies. Their commitment to serving Wharton, NJ, ensures that residents receive prompt assistance during critical situations, including fires, motor vehicle accidents, search and rescue operations, and ambulance calls. By establishing a volunteer fire company, they not only protect lives and property but also foster a sense of community engagement and resilience. Their presence enhances public safety, instilling confidence in residents that help is readily available in times of need.




This information is meant to be a general summary of Mount Hope Fire Co No 1. 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.

Revenue
$117,502 (2022)
Expenses
$85,430 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,975
  • Gross Receipts: $159,991

Assets and Liabilities:

  • Total Assets: $1,348,383
  • Total Liabilities: $0
  • Net Assets: $1,348,383

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Organization Details

Founding Year

1935

Principal Officer

William A Willadsen

Main Address

600 MOUNT HOPE ROAD, WHARTON, NJ, 07885

NTEE Category

Code: M24 - Public safety

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