Overview
What is Fairmount Fire Company No 1?
Fairmount Fire Company No 1 is a dedicated nonprofit organization situated in Long Valley, New Jersey. Their primary mission revolves around the prevention and management of fires, encompassing various aspects such as fire prevention, protection, and control. The company's role in the community is essential, ensuring the safety and well-being of its residents by combating potential fire hazards.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Fairmount Fire Company No 1 demonstrates some strengths in governance and financial practices, there are notable concerns that may affect its overall effectiveness as a nonprofit organization.
The organization scores well in areas such as having a majority of independent board members and a strong liabilities to assets ratio, which are positive indicators of financial health and governance. Additionally, its program expense ratio is strong, suggesting that a significant portion of its budget is being allocated to its mission-driven activities. However, the organization falls short in several key accountability practices, including the absence of a conflict of interest policy and missing documentation on its website.
These gaps, particularly in transparency and governance practices, contribute to its lower overall rating. The missing policies and website documentation could hinder the organization's trustworthiness and accountability to stakeholders. While Fairmount Fire Company No 1 has established a good foundation, addressing these limitations will be essential for improving its rating and operational effectiveness in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Fairmount Fire Company No 1 legitimate?
Fairmount Fire Company No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairmount 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
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What is the mission statement of Fairmount Fire Company No 1?
Fairmount Fire Company No 1 is committed to the prevention and extinguishment of fires. They achieve this goal by actively participating in fire prevention, protection, and control activities. By doing so, they aim to safeguard communities and properties from the devastating effects of fires. Their mission is to serve as a reliable resource in the event of emergencies, ensuring swift and effective response to fire situations. They also strive to promote fire safety awareness and education to reduce the likelihood of fire incidents.
Who is the CEO of Fairmount Fire Company No 1?
Matthew Tamburro is the President of Fairmount Fire Company No 1.
What is the revenue of Fairmount Fire Company No 1?
Fairmount Fire Company No 1's revenue in 2022 was $143,488.
Who are the executives of Fairmount Fire Company No 1 and what are their salaries?
There 25 volunteers at Fairmount Fire Company No 1.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Fairmount Fire Company No 1?
Fairmount Fire Company No 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fairmount Fire Company No 1
Fairmount Fire Company No 1 is dedicated to the prevention and extinguishment of fires. This nonprofit organization takes a proactive approach by engaging in fire prevention, protection, and control activities. By doing so, Fairmount Fire Company No 1 strives to ensure the safety of the community in Long Valley, New Jersey. The company's mission is not just limited to putting out fires when they occur, but also involves taking measures to prevent fires from happening in the first place. This comprehensive approach to fire safety makes Fairmount Fire Company No 1 an essential part of the community's defense against potential fire hazards.
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Impact
October, 2024
Fairmount Fire Company No 1 plays a crucial role in ensuring the safety and well-being of the Long Valley community in New Jersey. By focusing on fire prevention, protection, and control, the company actively engages in educating residents about fire safety and risk reduction. Their efforts help to mitigate the potential hazards associated with fires, thereby protecting lives and property.
In addition to responding to emergencies, Fairmount Fire Company No 1 engages in proactive measures to prevent fires before they occur. This includes community outreach programs and fire safety education, which empower residents with the knowledge they need to recognize and address fire hazards in their homes and businesses.
Furthermore, their skilled team is always prepared to react swiftly to extinguish fires and manage emergencies effectively. This readiness not only minimizes damage during fire incidents but also enhances confidence within the community, reinforcing the importance of having a reliable fire service dedicated to public safety.
In summary, Fairmount Fire Company No 1 significantly impacts the Long Valley area by promoting fire safety, protecting lives, and fostering a secure environment for all residents.
This information is meant to be a general summary of Fairmount 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $33
- Gross Receipts: $143,675
Assets and Liabilities:
- Total Assets: $591,112
- Total Liabilities: $0
- Net Assets: $591,112
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Organization Details
Founding Year
1949
Phone
(908) 876-3387Principal Officer
Matthew Tamburro
Main Address
PO BOX 8, LONG VALLEY, NJ, 07853
NTEE Category
Code: M24 - Public safety
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