Overview
What is Round Lake Hose Company No 1 Inc?
Round Lake Hose Company No 1 Inc is a dedicated volunteer fire department, situated in the village of Round Lake, New York, and serving the surrounding areas, including the town of Malta Fire Protection District No 1 and town of Ballston Fire Protection No 2. Their primary mission is to provide essential fire protection services, ensuring the safety of their community. Beyond extinguishing fires, the company is committed to the continuous development of its team, offering training programs for both novice and seasoned firefighters. This involves organizing practice drills and ensuring the upkeep of fire stations and equipment to maintain operational readiness.
Official website here: www.rlfd.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Round Lake Hose Company No 1 Inc has achieved a commendable 92% score, reflecting strong performance and reliable practices. The organization boasts a fully independent board, consisting of seven members, which enhances its governance and accountability. Notably, it has scored full points in several critical areas, including financial oversight and the management of assets, indicating a solid foundation in fiscal responsibility.
The charity demonstrates a high program expense ratio of 96.48%, suggesting that a significant portion of its resources is allocated directly to its programs rather than administrative costs. This efficient financial approach is bolstered by well-documented policies, including a conflict of interest policy and a whistleblower policy, which are all in place and effectively communicated.
While the organization shows robust financial health with a liabilities to assets ratio of 48.56%, there are no reported material diversions of assets, supporting its commitment to ethical practices. Overall, Round Lake Hose Company No 1 Inc exemplifies responsible stewardship of funds and strong organizational integrity, making it a trustworthy option for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Round Lake Hose Company No 1 Inc?
94% of 11 reviewers on Facebook recommend Round Lake Hose Company No 1 Inc. Here is a summary of their reviews:
Many past members and community members commend the organization for its professionalism and dedication to safety. The commitment to respecting and supporting families in need is consistently highlighted, emphasizing the team's focus on service excellence.
Overall, the sentiment is positive, with individuals appreciating the values and performance of the organization, suggesting that it effectively fulfills its mission to serve the community.
This AI summary has been generated from reviews found on Facebook.
Is Round Lake Hose Company No 1 Inc legitimate?
Round Lake Hose Company No 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Round Lake Hose Company No 1 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.
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
Official website here: www.rlfd.net
What is the mission statement of Round Lake Hose Company No 1 Inc?
Round Lake Hose Company No 1 Inc, functioning as an all-volunteer entity, is committed to providing fire protection services to several areas. These include the village of Round Lake, NY, the town of Malta Fire Protection District No 1, and the town of Ballston Fire Protection No 2. Beyond firefighting duties, the company invests in the development of its team by conducting training sessions for both new and seasoned firefighters. Regular practice drills and the maintenance of fire stations and equipment are part of their continuous learning process.
Official website here: www.rlfd.net
What is the revenue of Round Lake Hose Company No 1 Inc?
Round Lake Hose Company No 1 Inc's revenue in 2024 was $668,278.
Official website here: www.rlfd.net
Who are the executives of Round Lake Hose Company No 1 Inc and what are their salaries?
There 56 volunteers at Round Lake Hose Company No 1 Inc.
Here are 7 key members and their salaries:
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Official website here: www.rlfd.net
Where can I find the form 990 for Round Lake Hose Company No 1 Inc?
Round Lake Hose Company No 1 Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rlfd.net
Learn more at the official website: www.rlfd.net
Mission Statement of Round Lake Hose Company No 1 Inc
Round Lake Hose Company No 1, as an all-volunteer organization, is committed to providing fire protection services to three different areas: the village of Round Lake, NY, the town of Malta Fire Protection District No 1, and the town of Ballston Fire Protection No 2. Beyond firefighting, this nonprofit also invests in the continuous training of its members, both new and experienced firefighters. This involves organizing regular practice drills and ensuring the upkeep of fire stations and equipment. By doing so, Round Lake Hose Company No 1 demonstrates its dedication to ensuring the safety of its community and maintaining the readiness of its volunteer force.
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Impact
July, 2024
Round Lake Hose Company No 1 Inc's impact is significant in ensuring public safety within the village of Round Lake, NY, the town of Malta Fire Protection District No 1, and the town of Ballston Fire Protection No 2. As an all-volunteer fire department, the company plays a crucial role in delivering fire protection services to these communities. Additionally, they provide essential training to both new and experienced firefighters, conduct practice drills, and maintain fire stations and equipment to effectively respond to emergency situations. Their dedication to public safety greatly contributes to the well-being and security of the residents in the areas they serve.
This information is meant to be a general summary of Round Lake Hose Company No 1 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 2024.
- Investment Income: $1,069
- Program Service Revenue: $649,464
- Gross Receipts: $668,278
Assets and Liabilities:
- Total Assets: $5,220,632
- Total Liabilities: $2,614,627
- Net Assets: $2,606,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FIRE PROTECT CONTRACT
Revenue
$320,500
VILLAGE LEASE OF FIRE HOUSE
Revenue
$265,500
INSURANCE PREMIUMS (2%)
Revenue
$63,464
Organization Details
Founding Year
1886
Principal Officer
Leanne Martin
Website
www.rlfd.netNTEE Category
Code: M24 - Public safety
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