Overview
What is Lockington Volunteer Fire Association Llc?
Lockington Volunteer Fire Association Llc is a dedicated nonprofit organization situated in Piqua, Ohio. Their primary mission is to provide essential fire protection services to both local residents and businesses within the area. The association relies on a team of volunteers, ensuring that they are readily available to respond to emergencies and safeguard the community. While the information provided is limited, it is evident that the Lockington Volunteer Fire Association Llc plays a vital role in ensuring the safety and well-being of its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Lockington Volunteer Fire Association LLC has received a rating of 73%, which translates to a Two-Star rating. This score reflects their performance primarily in the area of Accountability & Finance, with a strong emphasis on the organization's financial health and governance. Their independent board is robust, with 100% of members being independent, and they maintain a favorable liabilities to assets ratio of 0.00%.
Strengths of this organization include a very high program expense ratio of 99.44%, indicating that nearly all funds are directed towards their programs. Additionally, they have a good track record of documenting board meeting minutes and have shown no material diversion of assets, which speaks to their financial integrity. However, there are notable weaknesses, particularly regarding the lack of essential policies such as a conflict of interest policy and a whistleblower policy, which may raise concerns about their governance practices.
Overall, while the Lockington Volunteer Fire Association demonstrates financial responsibility and a commitment to serving their mission effectively, the absence of certain governance policies could hinder their overall accountability. Improvements in these areas could enhance their rating and increase donor confidence in their operations.
This AI summary has been generated from information found on Charity Navigator.
Is Lockington Volunteer Fire Association Llc legitimate?
Lockington Volunteer Fire Association Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lockington Volunteer Fire Association Llc 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lockington Volunteer Fire Association Llc?
The Lockington Volunteer Fire Association Llc is committed to providing fire protection services to the local community, both for its residents and businesses. This mission is carried out through various activities aimed at ensuring the safety and security of the community in the event of fire emergencies. The association's mission is deeply ingrained in its daily operations, ensuring that it remains dedicated to its role as a protector and guardian of the community's well-being. The association's volunteers are trained and equipped to respond swiftly and effectively to any fire-related incidents, providing a sense of reassurance and peace of mind to the community they serve.
What is the revenue of Lockington Volunteer Fire Association Llc?
Lockington Volunteer Fire Association Llc's revenue in 2023 was $147,952.
Who are the executives of Lockington Volunteer Fire Association Llc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Lockington Volunteer Fire Association Llc?
Lockington Volunteer Fire Association Llc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lockington Volunteer Fire Association Llc
The Lockington Volunteer Fire Association Llc is committed to providing fire protection services to the local residents and businesses in its community. This nonprofit organization undertakes this mission with the primary goal of ensuring the safety and well-being of its community members. Through their dedication and volunteer efforts, they work tirelessly to prevent and respond to any fire-related emergencies that may arise. Their role is crucial in maintaining a sense of security and peace of mind among the residents and businesses they serve.
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Impact
October, 2024
Lockington Volunteer Fire Association LLC plays a crucial role in enhancing public safety in Piqua, Ohio, by providing essential fire protection services to local residents and businesses. Their mission focuses on ensuring a quick response to emergencies, preventing the loss of life and property due to fires. By actively serving the community, they not only protect physical assets but also foster a sense of security among residents, which contributes to overall community well-being. Their dedication to fire protection helps instill confidence in the ability of local emergency services to respond effectively, making them a pivotal part of the local safety infrastructure.
This information is meant to be a general summary of Lockington Volunteer Fire Association Llc. 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: $2,285
- Gross Receipts: $162,661
Assets and Liabilities:
- Total Assets: $1,036,880
- Total Liabilities: $0
- Net Assets: $1,036,880
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Organization Details
Founding Year
2017
Principal Officer
Todd Vallieu
NTEE Category
Code: M24 - Public safety
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