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Colts Neck Fire Company 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: 223116860 ✦ Colts neck, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Colts Neck Fire Company No 1?

Colts Neck Fire Company No 1 is a volunteer-driven organization situated in Colts Neck, New Jersey. With a postal address at PO Box 201, Highway 537 West, this nonprofit is committed to delivering essential firefighting services. Beyond extinguishing fires, they also prioritize prevention and training, ensuring community members are well-equipped to handle emergencies. Regular maintenance of their equipment is another critical aspect of their mission, ensuring they remain prepared for any situation that arises. The company relies on the dedication and commitment of its volunteers, working tirelessly to safeguard the community.


Official website here: www.cnfd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (69%).

Colts Neck Fire Company No 1 received a "Needs Improvement" rating due to several weaknesses in its accountability and finance practices. The organization boasts a 100% independent board, ensuring strong governance with no material diversion of assets. However, significant issues arise from missing key policies, such as a conflict of interest policy and a whistleblower policy, which are critical for maintaining transparency and ethical standards.

While the fire company demonstrates solid financial health with a favorable liabilities to assets ratio of 0.00% and a decent program expense ratio of 64.31%, the absence of important governance documents limits its overall rating. The organization does list its website on tax forms and maintains accurate board meeting minutes, indicating some commitment to operational transparency. Addressing the noted deficiencies could enhance its effectiveness and trustworthiness in the community.


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

Is Colts Neck Fire Company No 1 legitimate?

Colts Neck Fire Company No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colts Neck Fire Company 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


Official website here: www.cnfd.org

What is the mission statement of Colts Neck Fire Company No 1?

The Colts Neck Fire Company No 1 operates as a volunteer organization, primarily focused on firefighting. Their mission encompasses not only extinguishing fires but also preventing them through regular training and maintaining the necessary equipment to ensure optimal functionality. This proactive approach to fire safety is a crucial aspect of their operations.


Official website here: www.cnfd.org

Who is the CEO of Colts Neck Fire Company No 1?

Robert Black is the Vice Preside of Colts Neck Fire Company No 1.


Official website here: www.cnfd.org

What is the revenue of Colts Neck Fire Company No 1?

Colts Neck Fire Company No 1's revenue in 2022 was $80,255.


Official website here: www.cnfd.org

Who are the executives of Colts Neck Fire Company No 1 and what are their salaries?


Here are 4 key members and their salaries:


Tyler Badaracco (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Black (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Savage (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Skelton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cnfd.org

Where can I find the form 990 for Colts Neck Fire Company No 1?

Colts Neck Fire Company No 1's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cnfd.org

Learn more at the official website: www.cnfd.org

Mission Statement of Colts Neck Fire Company No 1

Colts Neck Fire Company No 1 is a volunteer-led organization dedicated to performing crucial firefighting duties, as well as promoting prevention and ensuring the proper maintenance of essential equipment. This volunteer fire company plays a significant role in safeguarding communities by providing firefighting services, conducting preventive training, and ensuring the readiness of their equipment. Their mission is centered around the notion of community protection and the promotion of fire safety awareness, thereby contributing to a safer environment for all.

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Impact




August, 2024

Colts Neck Fire Company No 1 plays a crucial role in safeguarding the community of Colts Neck, NJ through its dedication to fire prevention, training, and equipment maintenance. As a volunteer fire company, their impact is profound in ensuring public safety and protecting lives and property in the face of emergencies. Their commitment to serving and protecting the community is evident in their tireless efforts to fight fires, educate on fire prevention, and maintain essential equipment for emergency response. Colts Neck Fire Company No 1's contribution is invaluable in upholding the safety and well-being of the residents and businesses in Colts Neck.




This information is meant to be a general summary of Colts Neck Fire Company 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
$80,255 (2022)
Expenses
$70,529 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,360
  • Gross Receipts: $125,784

Assets and Liabilities:

  • Total Assets: $649,050
  • Total Liabilities: $0
  • Net Assets: $649,050

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Organization Details

Founding Year

1927

Principal Officer

Robert Black

Main Address

PO BOX 201 HIGHWAY 537 WEST, COLTS NECK, NJ, 07722

NTEE Category

Code: M24 - Public safety

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