Overview
What is Olive First Aid Unit Inc?
Olive First Aid Unit Inc, located in Shokan, New York, is a nonprofit organization dedicated to ensuring the well-being of the Town of Olive's residents. With a team of 30 dedicated individuals, they offer round-the-clock essential life-saving services using Basic Life Support (BLS) ambulances. This vital service aims to respond promptly to medical emergencies, providing the necessary aid to preserve life until professional medical assistance can be secured.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Olive First Aid Unit Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong emphasis on accountability and financial health. The overall score is derived solely from the Accountability & Finance beacon, where the organization earned an impressive score of 90%. This high rating signifies the charity's commitment to transparency and effective financial management.
The organization demonstrates strong governance with 85% independent board members and a board size that meets best practices for independence. Additionally, Olive First Aid Unit Inc has a solid approach to financial oversight, as shown by the absence of material asset diversions and the presence of comprehensive policies regarding conflicts of interest, document retention, and record-keeping practices.
Financially, the charity maintains a low liabilities-to-assets ratio of 2.22%, suggesting a stable financial position. Furthermore, the program expense ratio is remarkably high at 90.64%, indicating that a significant majority of its resources are directed towards its programs rather than administrative costs. Overall, Olive First Aid Unit Inc appears to be a well-managed nonprofit with a strong focus on its mission and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Olive First Aid Unit Inc legitimate?
Olive First Aid Unit Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olive First Aid Unit 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: $41,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,952
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What is the mission statement of Olive First Aid Unit Inc?
The Olive First Aid Unit Inc. is dedicated to delivering 24-hour Basic Life Saving (BLS) ambulance services. Their primary objective is to safeguard the well-being of the residents in their community. They operate around the clock, ensuring that emergency medical assistance is always readily available. Their mission is to provide timely and effective BLS care, aiming to save lives and alleviate suffering during critical situations.
Who is the CEO of Olive First Aid Unit Inc?
David Wiswall is the President of Olive First Aid Unit Inc.
What is the revenue of Olive First Aid Unit Inc?
Olive First Aid Unit Inc's revenue in 2022 was $553,703.
Who are the executives of Olive First Aid Unit Inc and what are their salaries?
The average compensation at Olive First Aid Unit Inc during 2022 was $11,881. There are 30 employees at Olive First Aid Unit Inc.
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Where can I find the form 990 for Olive First Aid Unit Inc?
Olive First Aid Unit Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Olive First Aid Unit Inc
Olive First Aid Unit Inc is a dedicated organization that is committed to providing round-the-clock basic life-saving (BLS) ambulance services to the residents of its community. The primary mission of this nonprofit is to ensure that it is always ready to respond to emergencies, offering essential medical assistance when needed. By providing 24-hour BLS services, Olive First Aid Unit Inc seeks to save lives and contribute to the well-being of its community members. The organization's unwavering dedication to this mission underscores its commitment to the safety and welfare of the residents of the Town of Olive.
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Impact
July, 2024
Olive First Aid Unit Inc provides vital 24-hour Basic Life Saving (BLS) ambulance services to the residents of the Town of Olive in Shokan, NY. Their impact is seen in the immediate assistance and care they offer during medical emergencies, potentially saving lives and ensuring the well-being of community members in critical situations. Their swift response to emergencies contributes significantly to the health and safety of the local residents, making a tangible difference in times of need.
This information is meant to be a general summary of Olive First Aid Unit 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 2022.
- Investment Income: $1,080
- Program Service Revenue: $544,341
- Gross Receipts: $553,703
Assets and Liabilities:
- Total Assets: $829,532
- Total Liabilities: $18,465
- Net Assets: $811,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance Direct Bill
Revenue
$207,141
Standby Revenue
Town Medical Svc Contract
Revenue
$337,000
Training Classes
Revenue
$200
Organization Details
Founding Year
1973
Phone
(845) 657-8984Principal Officer
David Wiswall
Main Address
PO Box 151, Shokan, NY, 12481
NTEE Category
Code: E620 - Health
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