Overview
What is Williamstown Volunteer Fire Co 1 Death Fund Inc?
Williamstown Volunteer Fire Co 1 Death Fund Inc is a nonprofit organization situated in Williamstown, New Jersey. Their primary mission is to offer financial assistance to the families of deceased firefighters. To achieve this, they procure insurance policies, providing death benefits as necessary. By doing so, they aim to alleviate the financial burden faced by the families of these fallen heroes, ensuring they can cope during a challenging time. The organization's activities and mission are centered around providing financial support to the families of deceased firefighters.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Williamstown Volunteer Fire Co 1 Death Fund Inc received a two-star rating, indicating a need for improvement. With an overall score of 73%, the organization demonstrates strong accountability and finance management, particularly highlighted by its perfect scores for independent board member representation and liability management.
The organization has reported no material diversion of assets and maintains comprehensive documentation of board meeting minutes, which reflects a commitment to transparency. Additionally, the program expense ratio of approximately 86.89% suggests that a significant portion of its funds is allocated towards its mission-related activities.
However, despite these strengths, the overall rating suggests that there may be areas requiring further enhancement or clarity in operations. Continued efforts to improve performance could lead to a stronger standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Williamstown Volunteer Fire Co 1 Death Fund Inc legitimate?
Williamstown Volunteer Fire Co 1 Death Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Williamstown Volunteer Fire Co 1 Death Fund 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:
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What is the mission statement of Williamstown Volunteer Fire Co 1 Death Fund Inc?
The mission of Williamstown Volunteer Fire Co 1 Death Fund Inc, in essence, is centered around providing financial aid to the families of deceased firefighters. This non-profit organization strives to fulfill this mission by purchasing an insurance policy, ensuring the provision of death benefits to the bereaved families of these courageous individuals who selflessly served their community as firefighters.
What is the revenue of Williamstown Volunteer Fire Co 1 Death Fund Inc?
Williamstown Volunteer Fire Co 1 Death Fund Inc's revenue in 2024 was $57,881.
Who are the executives of Williamstown Volunteer Fire Co 1 Death Fund Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Williamstown Volunteer Fire Co 1 Death Fund Inc?
Williamstown Volunteer Fire Co 1 Death Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Williamstown Volunteer Fire Co 1 Death Fund Inc
Williamstown Volunteer Fire Co 1 Death Fund Inc is an organization committed to providing financial assistance to the families of deceased firefighters. Its mission is to alleviate the financial burden experienced by these families during their time of grief. To achieve this, the organization purchases an insurance policy that offers death benefits to the families of the fallen firefighters. This proactive measure ensures that the families of these brave individuals are not left financially vulnerable in the aftermath of their loved ones' tragic deaths. By providing this financial support, Williamstown Volunteer Fire Co 1 Death Fund Inc honors the sacrifices made by these firefighters and offers some measure of comfort to their grieving families.
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Impact
August, 2024
Williamstown Volunteer Fire Co 1 Death Fund Inc's impact is significant in providing financial support to families of deceased firefighters. This nonprofit organization purchases insurance policies to ensure that deceased firefighters' families receive death benefits. The organization based in Williamstown, NJ, plays a crucial role in offering mutual benefit to these families during difficult times of loss.
This information is meant to be a general summary of Williamstown Volunteer Fire Co 1 Death Fund 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: $27,626
- Gross Receipts: $57,881
Assets and Liabilities:
- Total Assets: $764,473
- Total Liabilities: $0
- Net Assets: $764,473
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Organization Details
Founding Year
1997
Principal Officer
Francis J Lambing
NTEE Category
Code: Y30 - Mutual benefit
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