Overview
What is Hope Valley Ambulance Squad Inc?
Hope Valley Ambulance Squad Inc is a nonprofit organization situated in Hope Valley, Rhode Island. With a team of 21 dedicated individuals, their primary mission is to offer emergency medical services to the designated geographical area as outlined in their 911 cooperative agreements. This service territory encompasses the entire town of Richmond, RI, half of Hopkinton, RI, and a portion of Route 95, a significant interstate. In addition to emergency responses, the squad extends its reach by providing mutual aid to neighboring organizations and engaging the public through various health classes, trainings, and programs. By doing so, they aim to promote awareness and understanding of health-related matters within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Hope Valley Ambulance Squad Inc has received a two-star rating from Charity Navigator, indicating some concerns regarding its accountability and transparency. While the organization boasts a strong independent board and a high program expense ratio of nearly 96%, several critical financial statements are missing, which affects its overall assessment significantly.
The nonprofit does well in terms of governance, with 100% of board members being independent. However, the absence of key policies such as a conflict of interest and whistleblower policy, as well as missing financial documents on its website, raises red flags about its operational transparency.
Despite these limitations, the organization does demonstrate effective use of its resources, reflected by its low liabilities to assets ratio. However, to improve its rating and public trust, addressing the gaps in documentation and policy implementation would be essential.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Valley Ambulance Squad Inc legitimate?
Hope Valley Ambulance Squad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Valley Ambulance Squad 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: $425,036
For more financial information, click here
What is the mission statement of Hope Valley Ambulance Squad Inc?
The Hope Valley Ambulance Squad Inc is committed to delivering emergency medical services within its designated geographic territory, as outlined in the 911 cooperative agreements. The squad also extends mutual aid to neighboring organizations when needed. Furthermore, they engage in an educational role by providing the public with health information through various classes, trainings, and programs. This community-focused organization aims to contribute to the well-being of its service area, which includes Richmond, RI, Hopkinton, RI, and parts of Route 95.
What is the revenue of Hope Valley Ambulance Squad Inc?
Hope Valley Ambulance Squad Inc's revenue in 2024 was $733,339.
Who are the executives of Hope Valley Ambulance Squad Inc and what are their salaries?
The average compensation at Hope Valley Ambulance Squad Inc during 2024 was $17,001. There are 25 employees at Hope Valley Ambulance Squad Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Hope Valley Ambulance Squad Inc?
Hope Valley Ambulance Squad Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Hope Valley Ambulance Squad Inc
Hope Valley Ambulance Squad Inc is committed to delivering emergency medical services within its designated geographic territory, as outlined in its 911 cooperative agreements. Beyond this primary responsibility, the organization also extends mutual aid support to neighboring organizations. Furthermore, Hope Valley Ambulance Squad Inc plays a crucial role in educating the public about health matters through various classes, training sessions, and programs. This proactive approach to health information dissemination underscores the organization's dedication to serving its community beyond purely emergency situations.
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Impact
July, 2024
Hope Valley Ambulance Squad Inc's impact can be seen in the vital emergency medical services it provides to the communities of Richmond and Hopkinton in Rhode Island. In 2022 alone, the ambulance squad responded to approximately 1,400 calls, ensuring that those in need received timely and life-saving care. Covering a significant geographic area that includes a portion of Route 95, a major interstate, the squad plays a crucial role in ensuring the health and safety of residents and travelers in the region. Additionally, through its mission to provide health information to the public through various classes, training, and programs, the squad is actively engaged in promoting community wellness and preparedness. Through these efforts, Hope Valley Ambulance Squad Inc positively impacts the overall well-being and safety of the community it serves.
This information is meant to be a general summary of Hope Valley Ambulance Squad 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 2024.
- Investment Income: $2,198
- Program Service Revenue: $485,695
- Gross Receipts: $739,880
Assets and Liabilities:
- Total Assets: $833,119
- Total Liabilities: $150,000
- Net Assets: $683,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Ambulance Services
Revenue
$485,695
Organization Details
Founding Year
1961
Principal Officer
Patrick Hawkins
NTEE Category
Code: E62 - Health
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