Overview
What is Minquas Fire Company 2 Inc?
Minquas Fire Company 2 Inc, located at 141 Wallace Avenue, Downingtown, Pennsylvania 19335, is a dedicated nonprofit organization that primarily serves the local community. Their primary mission revolves around delivering essential fire protection services and ambulance aid to the area's residents. With a workforce of 44 individuals, this organization is committed to ensuring the safety and well-being of its community members. The company's activities and mission are centered around providing fire protection and emergency medical assistance, making it an indispensable part of the community's safety infrastructure.
Official website here: www.minquasfire.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
Minquas Fire Company 2 Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. While the organization marks strong points in areas such as having a fully independent board and maintaining a good liabilities to assets ratio, there are notable gaps in governance policies that could affect operational transparency and accountability.
Strengths include a solid program expense ratio of over 70%, reflecting that a significant portion of their expenses directly supports their mission. The organization has no material diversion of assets, which is a positive sign of financial integrity. However, the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention procedures raises concerns about the overall governance framework.
While the organization demonstrates strong financial management in some areas, the missing governance policies could potentially hinder its effectiveness and public trust. Addressing these weaknesses would enhance its accountability profile and could improve its rating in future assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Minquas Fire Company 2 Inc legitimate?
Minquas Fire Company 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minquas Fire Company 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: $2,415,444
For more financial information, click here
Official website here: www.minquasfire.org
What is the mission statement of Minquas Fire Company 2 Inc?
The mission of Minquas Fire Company 2 Inc, as stated, is primarily focused on providing essential services to the local community. Specifically, the company is committed to delivering fire protection and ambulance services. This mission is a vital role in ensuring the safety and well-being of the area's residents, providing them with peace of mind and rapid response in times of emergency. The company's dedication to these services demonstrates its commitment to the community, striving to protect and support its residents in their time of need.
Official website here: www.minquasfire.org
What is the revenue of Minquas Fire Company 2 Inc?
Minquas Fire Company 2 Inc's revenue in 2023 was $3,445,585.
Official website here: www.minquasfire.org
Who are the executives of Minquas Fire Company 2 Inc and what are their salaries?
The average compensation at Minquas Fire Company 2 Inc during 2023 was $39,597. There are 61 employees and 8 volunteers at Minquas Fire Company 2 Inc.
Here are 8 key members and their salaries:
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Official website here: www.minquasfire.org
Where can I find the form 990 for Minquas Fire Company 2 Inc?
Minquas Fire Company 2 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.minquasfire.org
Learn more at the official website: www.minquasfire.org
Mission Statement of Minquas Fire Company 2 Inc
Minquas Fire Company 2 Inc is dedicated to ensuring the safety of its local community. As a nonprofit organization, its primary focus is on providing essential fire protection services and ambulance assistance to the area's residents. Its mission is multifaceted, encompassing both firefighting and emergency medical aid. By offering these vital services, Minquas Fire Company 2 Inc plays a pivotal role in safeguarding the well-being of its community members.
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Impact
October, 2024
Minquas Fire Company 2 Inc plays a crucial role in ensuring the safety and well-being of the Downingtown, PA community through its dedicated fire protection and ambulance services. By responding to emergencies, they provide immediate assistance that can save lives and protect property. Their presence not only enhances public safety but also fosters a sense of security among residents, knowing that help is readily available in times of crisis. The company’s commitment to service strengthens community resilience, allowing residents to feel supported and protected. Through their efforts, Minquas Fire Company 2 Inc significantly contributes to the overall health and safety of the area, underscoring the vital importance of reliable emergency services in any community.
This information is meant to be a general summary of Minquas Fire Company 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,315
- Program Service Revenue: $2,965,766
- Gross Receipts: $3,980,608
Assets and Liabilities:
- Total Assets: $3,600,034
- Total Liabilities: $72,410
- Net Assets: $3,527,624
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMBULANCE SERVICE
Revenue
$2,965,766
Organization Details
Founding Year
1908
Principal Officer
Robert E Lee
Website
www.minquasfire.orgNTEE Category
Code: M24 - Public safety
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