Overview
What is Ulster Hose Company 5 Inc?
Ulster Hose Company 5 Inc is a volunteer-based organization situated in Kingston, New York. Their primary mission is to support and empower their volunteer firefighters, ensuring they have the necessary resources to protect lives and property within the community. Through various fundraising activities, they provide essential goods and services to maintain the operation of the volunteer company.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Ulster Hose Company 5 Inc has received a One-Star rating from Charity Navigator, based on an overall score of 56%. This score primarily reflects the organization's performance in the Accountability & Finance category, which is a critical measure of a nonprofit's operational integrity and transparency. The lack of an independent board is a significant concern, as it can impact governance and oversight.
The organization has a strong Program Expense Ratio of 96.93%, indicating that a substantial portion of its expenses is directed towards its programs. Additionally, it has scored well on aspects like the absence of material diversion of assets and the availability of board meeting minutes. However, the absence of independent board members raises questions about its governance structure.
Several key policies are missing, including a conflict of interest policy and a whistleblower policy, which are essential for maintaining transparency and accountability. While the organization does have a solid program expense allocation, the overall governance issues noted in the accountability section suggest areas that require significant improvement to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ulster Hose Company 5 Inc legitimate?
Ulster Hose Company 5 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ulster Hose Company 5 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
What is the mission statement of Ulster Hose Company 5 Inc?
Ulster Hose Company 5 Inc serves as a volunteer firefighting organization, dedicated to safeguarding lives and property within their community. Their primary activity involves raising funds to procure necessary goods and services for the operation of their volunteer unit. These resources enable them to effectively respond to emergencies and contribute to the overall well-being of their community.
What is the revenue of Ulster Hose Company 5 Inc?
Ulster Hose Company 5 Inc's revenue in 2023 was $91,328.
Who are the executives of Ulster Hose Company 5 Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ulster Hose Company 5 Inc?
Ulster Hose Company 5 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ulster Hose Company 5 Inc
Ulster Hose Company 5, a volunteer firemen's organization, is committed to safeguarding lives and property within the community. The company raises funds to ensure the smooth operation of its volunteer force and provides necessary resources. By doing so, Ulster Hose Company 5 supports the vital work of its volunteer firefighters, contributing significantly to the community's safety and well-being.
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Impact
August, 2024
Ulster Hose Company 5 Inc's impact lies in its crucial role as a volunteer fire company dedicated to protecting lives and property in the community of Kingston, NY. Their efforts not only ensure the safety of residents but also contribute significantly to the overall public safety of the area. Through raising funds to support the operation of the volunteer company, Ulster Hose Company 5 plays a vital role in providing essential goods and services that enable their team of volunteer firemen to effectively carry out their duties and respond to emergencies.
This information is meant to be a general summary of Ulster Hose Company 5 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: $24,407
- Program Service Revenue: $722
- Gross Receipts: $290,391
Assets and Liabilities:
- Total Assets: $900,797
- Total Liabilities: $0
- Net Assets: $900,797
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$412
50/50 CLUB
Revenue
$310
Organization Details
Founding Year
1947
Principal Officer
Frederick Heppner
NTEE Category
Code: M24 - Public safety
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