Overview
What is Nesquehoning Hose Co No 1?
Nesquehoning Hose Co No 1 is a nonprofit organization based in Nesquehoning, Pennsylvania. Their primary mission is to safeguard the community's lives and property from fire and other disasters. Established with the intention of minimizing losses due to fire, they aim to prevent injuries and property damage. They operate from the address 953 E CATAWISSA ST PO BOX 31, providing essential protection services to the residents of Nesquehoning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
Nesquehoning Hose Co No 1 has received a Two-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. The organization boasts a perfect score in several metrics, such as having a fully independent board and a high program expense ratio of 99.09%. This indicates that the vast majority of its funds are directed towards its programs rather than administrative overhead.
However, the overall score is diminished by a low score in the liabilities to assets ratio, which stands at 80.61%. This suggests that the organization may have a higher level of liabilities compared to its assets, which could raise concerns regarding financial sustainability in the long term. While the organization demonstrates solid governance practices, stakeholders may want to keep an eye on its financial health.
The presence of a conflict of interest policy and the documentation of board meeting minutes reflect a commitment to transparency and effective governance. Despite the areas needing improvement, the strong accountability aspects highlight the organization's dedication to proper financial management and oversight. Overall, Nesquehoning Hose Co No 1 shows promise but has room for growth in financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Nesquehoning Hose Co No 1 legitimate?
Nesquehoning Hose Co No 1 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nesquehoning Hose Co 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
For more financial information, click here
What is the mission statement of Nesquehoning Hose Co No 1?
The mission of Nesquehoning Hose Co No 1 is centered around preserving life and property from the devastating effects of fire and similar disasters. Established with the primary objective of safeguarding its community, the organization's purpose is to minimize loss of life, limb, and property, as well as prevent bodily injury caused by fire. In essence, Nesquehoning Hose Co No 1 is dedicated to ensuring the well-being and security of its residents against fire-related hazards.
Who is the CEO of Nesquehoning Hose Co No 1?
Trajan Koerbler is the President of Nesquehoning Hose Co No 1.
What is the revenue of Nesquehoning Hose Co No 1?
Nesquehoning Hose Co No 1's revenue in 2022 was $97,528.
Who are the executives of Nesquehoning Hose Co No 1 and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Nesquehoning Hose Co No 1?
Nesquehoning Hose Co No 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nesquehoning Hose Co No 1
Nesquehoning Hose Company No 1, established with a noble purpose, is dedicated to safeguarding the lives and properties of its community members from the devastating effects of fire and similar disasters. The organization's mission is to prevent and minimize the loss of life, limbs, and property, as well as bodily injury, through its proactive efforts. By providing timely and effective responses to emergencies, the Nesquehoning Hose Company No 1 aims to protect the community it serves, ensuring peace of mind and security for its residents. The organization's unwavering commitment to its mission is a testament to its dedication to the well-being of its community, working tirelessly to ensure the safety and security of its residents.
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Impact
October, 2024
Nesquehoning Hose Co No 1 plays a crucial role in safeguarding the community of Nesquehoning by preventing and minimizing the loss of life, limb, and property due to fire and other disasters. Their dedicated services ensure that residents have immediate access to fire protection, which is vital in times of emergency.
By focusing on public safety, they not only respond to fires but also work to educate the community about fire prevention and safety measures. This proactive approach helps reduce the likelihood of fires and other hazards, enhancing the overall resilience of the community.
Their commitment to protecting lives and property fosters a sense of security among residents, knowing there is a reliable force ready to respond to emergencies. The impact of Nesquehoning Hose Co No 1 extends beyond just firefighting; it contributes significantly to the health and safety of the entire community, making Nesquehoning a safer place to live.
This information is meant to be a general summary of Nesquehoning Hose Co 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: -$218
- Gross Receipts: $101,305
Assets and Liabilities:
- Total Assets: $526,784
- Total Liabilities: $424,679
- Net Assets: $102,105
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Organization Details
Founding Year
1908
Phone
(570) 669-6684Principal Officer
Trajan Koerbler
Main Address
953 E CATAWISSA ST PO BOX 31, Nesquehoning, PA, 182400031
NTEE Category
Code: M24 - Public safety
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