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Manasquan Hook And Ladder 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: 222454250 ✦ Manasquan, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Manasquan Hook And Ladder Co No 1?

Manasquan Hook And Ladder Co No 1 is a volunteer fire company situated in Manasquan, New Jersey. Their primary mission is to ensure the safety of the local community by providing fire suppression services and conducting fire safety education. Based at 33 ABE Voorhees Drive, this nonprofit organization is dedicated to safeguarding the residents of Manasquan, N.J., through their selfless work.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53% (One-Star out of Four Stars)

Manasquan Hook And Ladder Co No 1 has received a low rating of 53%, indicating significant areas for improvement in its accountability and financial practices. The organization has no independent board members, which raises concerns about governance and oversight, crucial for maintaining donor trust and effective operations. While they have reported no material diversion of assets and maintain a strong program expense ratio, their overall accountability is undermined by missing policies and documentation.

The nonprofit's financial management appears to be sound in certain aspects, as evidenced by a 95.59% program expense ratio, suggesting that a majority of its funds are directed towards its programs. However, the absence of key governance documents such as a conflict of interest policy, whistleblower policy, and a document retention policy detracts from its credibility. Additionally, the failure to list its website on tax forms and not posting relevant tax documentation further hampers transparency.

To enhance its standing, Manasquan Hook And Ladder Co No 1 should prioritize improving its governance structure and developing essential policies. By addressing these shortcomings, the organization can work towards rebuilding trust among stakeholders and securing a more favorable rating in the future.


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

Is Manasquan Hook And Ladder Co No 1 legitimate?

Manasquan Hook And Ladder Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manasquan Hook And Ladder 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 Manasquan Hook And Ladder Co No 1?

Manasquan Hook and Ladder Company No. 1 is dedicated to providing fire suppression and fire safety education to its community. This volunteer fire company plays a vital role in ensuring the safety of its residents by offering essential fire-related services. They actively work towards educating the community about fire safety, aiming to prevent fires and minimize their impact when they do occur. By doing so, they contribute significantly to the overall well-being and safety of the community.

Who is the CEO of Manasquan Hook And Ladder Co No 1?

Bruce Bresnahan is the Trustee of Manasquan Hook And Ladder Co No 1.

What is the revenue of Manasquan Hook And Ladder Co No 1?

Manasquan Hook And Ladder Co No 1's revenue in 2022 was $87,631.

Who are the executives of Manasquan Hook And Ladder Co No 1 and what are their salaries?

There 41 volunteers at Manasquan Hook And Ladder Co No 1.


Here are 7 key members and their salaries:


Thomas Fogel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Bresnahan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Triggiano Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Steiner (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Manasquan Hook And Ladder Co No 1?

Manasquan Hook And Ladder Co No 1's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Manasquan Hook And Ladder Co No 1

Manasquan Hook and Ladder Company No 1 is a volunteer fire organization dedicated to safeguarding the residents of Manasquan, New Jersey. Their primary mission revolves around providing fire suppression services, ensuring the community is protected against potential fires. Beyond firefighting, they also offer fire safety education to the public, empowering individuals to take preventive measures and respond appropriately in emergency situations. By combining both fire suppression and education, Manasquan Hook and Ladder Company No 1 plays a vital role in promoting safety and resilience within the community.

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Impact




October, 2024

Manasquan Hook and Ladder Co No 1 plays a vital role in safeguarding the community of Manasquan, N.J., by providing essential fire suppression services and educating residents about fire safety. Their commitment to public safety ensures that the people of Manasquan are not only protected from the dangers of fire but also informed about preventive measures and emergency responses.

Through proactive fire safety education, the organization empowers residents with the knowledge they need to protect themselves and their homes, fostering a culture of safety and awareness. This dual approach of responding to emergencies while educating the community significantly enhances the overall safety and quality of life in Manasquan, making it a resilient and informed community.




This information is meant to be a general summary of Manasquan Hook And Ladder 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
$87,631 (2022)
Expenses
$60,229 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,903
  • Gross Receipts: $107,101

Assets and Liabilities:

  • Total Assets: $759,531
  • Total Liabilities: $0
  • Net Assets: $759,531

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Organization Details

Founding Year

1887

Principal Officer

Bruce Bresnahan

Main Address

33 ABE VOORHEES DRIVE, MANASQUAN, NJ, 08736

NTEE Category

Code: M24 - Public safety

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