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Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 510208938 ✦ Greenwood, DE ✦ Designated as a 501(c)(3)

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Overview

What is Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware?

Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware is a dedicated nonprofit organization situated in Greenwood, Delaware. With a strong focus on community service, the company primarily engages in voluntary firefighting and prevention efforts, as well as providing emergency medical assistance. The organization, staffed by volunteers, operates from a designated fire hall located at 12611 Fire Hall Ave. The total workforce comprises 35 individuals, demonstrating the commitment and passion of its members towards ensuring the safety and well-being of the Greenwood community.


Official website here: www.greenwood78.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)

Greenwood Volunteer Fire Company No 1 has received a Two-Star rating from Charity Navigator, indicating that the organization has room for improvement in its accountability and financial practices. With a score of 73%, it demonstrates some strong aspects, particularly in board independence, as all members are fully independent. The organization also shows a commendable program expense ratio of 100%, suggesting that all expenses are directed towards its mission.

However, the nonprofit faces significant limitations in policy transparency and financial reporting. It lacks essential policies such as a conflict of interest and a whistleblower policy, which are critical for safeguarding ethical practices. Furthermore, the financial statements are not reviewed or compiled, which raises concerns about the oversight of its financial practices and overall transparency.

In terms of asset management, the organization appears to be in a stable position, with a low liabilities-to-assets ratio of 3.94%. Despite these strengths, the missing financial documents on its website and other policy gaps indicate that Greenwood Volunteer Fire Company No 1 needs to enhance its governance frameworks to build trust and accountability among its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware legitimate?

Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware 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: $354,672

For more financial information, click here


Official website here: www.greenwood78.org

What is the mission statement of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware?

The Greenwood Volunteer Fire Company No 1's mission revolves around volunteer firefighting and prevention, as well as emergency medical assistance. They are committed to providing these services with the aim of safeguarding their community and assisting during emergencies. The organization's activities are centered around responding to fires and rendering medical aid in critical situations. The volunteers are dedicated to preventing fires from occurring in the first place, thereby ensuring the safety and well-being of their community.


Official website here: www.greenwood78.org

Who is the CEO of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware?

Justin Boyce is the President of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware.


Official website here: www.greenwood78.org

What is the revenue of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware?

Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware's revenue in 2022 was $1,371,537.


Official website here: www.greenwood78.org

Who are the executives of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware and what are their salaries?

The average compensation at Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware during 2022 was $10,133. There are 35 employees and 75 volunteers at Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware.


Here are 9 key members and their salaries:


Justin Boyce (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Pusey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Minton Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Warner (Fire Rec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson S Millman Jr (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Given (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Petrone Jr (Fire Chief)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Boyce (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Willey (Director At)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenwood78.org

Where can I find the form 990 for Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware?

Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenwood78.org

Learn more at the official website: www.greenwood78.org

Mission Statement of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware

Greenwood Volunteer Fire Company No 1 of Greenwood Delaware is dedicated to providing volunteer firefighting and prevention services, as well as emergency medical assistance. This nonprofit organization's mission is centered around two key areas: combating fires and offering emergency medical aid. Their volunteers are committed to protecting their community from the destructive effects of fires, and they also provide essential medical assistance during emergencies. The company's activities are not limited to fighting fires; they also strive to prevent fires from occurring in the first place. This proactive approach to safety ensures that the community they serve remains secure and well-equipped to handle any emergencies that may arise.

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Impact




July, 2024

Greenwood Volunteer Fire Company No 1 of Greenwood, Delaware plays a crucial role in ensuring public safety through volunteer firefighting and prevention, as well as emergency medical assistance. Their dedicated efforts and commitment to serving the community have a direct impact on saving lives, protecting property, and promoting the well-being of residents in Greenwood and the surrounding areas. Through their volunteer work, they contribute significantly to the overall safety and security of the local population.




This information is meant to be a general summary of Greenwood Volunteer Fire Company No 1 Of Greenwood Delaware. 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.

Revenue
$1,371,537 (2022)
Expenses
$1,288,993 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,016
  • Program Service Revenue: $249,049
  • Gross Receipts: $1,581,577

Assets and Liabilities:

  • Total Assets: $5,214,564
  • Total Liabilities: $205,679
  • Net Assets: $5,008,885

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AMBULANCE SERVICE

Revenue

$243,505

HALL RENTAL

Revenue

$5,489

MEMBERSHIP DUES

Revenue

$55

Organization Details

Founding Year

1923

Principal Officer

Justin Boyce

Main Address

12611 FIRE HALL AVE, GREENWOOD, DE, 19950

NTEE Category

Code: M24Z - Public safety

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