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Property Owners League Fire Company No 2 Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 226088539 ✦ Wayne, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Property Owners League Fire Company No 2 Inc?

Property Owners League Fire Company No 2 Inc is a nonprofit organization situated in Wayne, New Jersey. Established to serve a population exceeding 60,000, the organization is dedicated to offering fire protection and essential emergency services to the local community and surrounding areas. They respond to approximately 400 call-outs annually, ensuring the safety and well-being of the residents. The organization's mission revolves around providing crucial fire protection and emergency services, thereby contributing to the overall safety and security of the Township of Wayne and its surrounding communities.


Official website here: www.waynefireco2.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Property Owners League Fire Company No 2 Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization scored particularly well for its independent board structure, with all board members being independent and an appropriate board size. The absence of any material diversion of assets further enhances its financial credibility.

However, while the organization's financial management appears strong, it does have notable gaps in governance policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and documentation procedures for retention and destruction. These omissions have resulted in lower scores in those areas, impacting the overall accountability rating.

Despite these limitations, Property Owners League Fire Company No 2 Inc demonstrates impressive program efficiency, with a program expense ratio of over 92%. This indicates that a significant portion of its budget is directed toward its mission-related activities, showcasing a commitment to effectively utilizing its resources for community benefit.


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

Is Property Owners League Fire Company No 2 Inc legitimate?

Property Owners League Fire Company No 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Property Owners League Fire Company No 2 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.waynefireco2.com

What is the mission statement of Property Owners League Fire Company No 2 Inc?

The Property Owners League Fire Company No 2 Inc is committed to providing vital fire protection and emergency services to its community, which includes the Township of Wayne, New Jersey, and its surrounding areas. With a population exceeding 60,000, the organization responds to over 400 service calls annually. Its mission is centered around ensuring the safety and well-being of its community members, offering emergency assistance in times of need.


Official website here: www.waynefireco2.com

Who is the CEO of Property Owners League Fire Company No 2 Inc?

Thomas Boughton is the President of Property Owners League Fire Company No 2 Inc.


Official website here: www.waynefireco2.com

What is the revenue of Property Owners League Fire Company No 2 Inc?

Property Owners League Fire Company No 2 Inc's revenue in 2022 was $74,400.


Official website here: www.waynefireco2.com

Who are the executives of Property Owners League Fire Company No 2 Inc and what are their salaries?

There 42 volunteers at Property Owners League Fire Company No 2 Inc.


Here are 10 key members and their salaries:


Charles Cunningham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Schalck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Boughton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Gabriel (Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gleba (Chief)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Gough (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Krzeninski (Lieutenant)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lorusso (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Mcgilvray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Velardi (Asst. Chief)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.waynefireco2.com

Where can I find the form 990 for Property Owners League Fire Company No 2 Inc?

Property Owners League Fire Company No 2 Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.waynefireco2.com

Learn more at the official website: www.waynefireco2.com

Mission Statement of Property Owners League Fire Company No 2 Inc

Property Owners League Fire Company No 2 Inc is dedicated to ensuring the safety of its community. With a mission at its core, this organization provides essential fire protection and emergency services to the Township of Wayne, New Jersey, and its surrounding areas. This mission extends beyond the boundaries of Wayne, serving a population that exceeds 60,000 individuals. Annually, the organization responds to over 400 calls for assistance, demonstrating its commitment to maintaining the well-being of its constituents. By offering fire protection and emergency services, Property Owners League Fire Company No 2 Inc plays a significant role in safeguarding lives and properties within its jurisdiction.

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Impact




August, 2024

Property Owners League Fire Company No 2 Inc's impact is crucial in ensuring public safety within the Township of Wayne, New Jersey, and surrounding communities. By providing fire protection and related emergency services to a population exceeding 60,000 people, the organization plays a vital role in safeguarding lives and properties. Responding to over 400 calls for services annually, Property Owners League Fire Company No 2 Inc is instrumental in mitigating fire hazards, responding to emergencies, and helping the community during times of crisis. Their dedication to serving the community contributes significantly to ensuring the well-being and security of residents in Wayne and neighboring areas.




This information is meant to be a general summary of Property Owners League Fire Company No 2 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.

Revenue
$74,400 (2022)
Expenses
$112,811 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,897
  • Gross Receipts: $74,400

Assets and Liabilities:

  • Total Assets: $546,857
  • Total Liabilities: $1,171
  • Net Assets: $545,686

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Organization Details

Founding Year

1922

Principal Officer

Thomas Boughton

Main Address

PO BOX 1, WAYNE, NJ, 074740001

NTEE Category

Code: M24Z - Public safety

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