Cotton Volunteer Fire Department Inc

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

EIN: 561354313 ✦ Hope mills, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cotton Volunteer Fire Department Inc?

The Cotton Volunteer Fire Department Inc, situated in Hope Mills, North Carolina, is a dedicated nonprofit organization. Their primary mission is to safeguard lives and properties by offering fire suppression and prevention services. They serve their community without discrimination, irrespective of age or need. Notably, they do not charge direct fees for their services provided to local residents and businesses. The department's 48 dedicated members are committed to achieving this objective, ensuring the well-being and safety of their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

The Cotton Volunteer Fire Department Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid score of 82% in accountability and finance. This rating is based entirely on a single beacon score, which indicates that the organization has demonstrated commendable financial practices and governance structures.

Notable strengths include the presence of a fully independent board, with all eight board members meeting the independence criteria. The organization has excelled in areas such as financial oversight, with a perfect score in both the audit and oversight committee evaluation and a strong performance in documenting board meeting minutes. Additionally, the program expense ratio stands at an impressive 100%, suggesting that all funds are effectively directed towards its mission.

However, while the fire department demonstrates robust financial health and governance, the rating does not provide a comprehensive assessment of its programmatic impact or community effectiveness. Potential donors and supporters may want to consider additional factors beyond financial metrics when evaluating the department's overall effectiveness and contributions to the community.


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

Is Cotton Volunteer Fire Department Inc legitimate?

Cotton Volunteer Fire Department Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cotton Volunteer Fire Department 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: $577,140

For more financial information, click here

What is the mission statement of Cotton Volunteer Fire Department Inc?

The Cotton Volunteer Fire Department Inc's primary objective is centered around protecting both lives and property. This is achieved through their dedicated efforts in firefighting and prevention services. The department extends its services to individuals of all ages and needs, without any discrimination. Notably, they do not impose direct fees for the services they provide to the community's residents and businesses.

Who is the CEO of Cotton Volunteer Fire Department Inc?

Kevin Dove is the President of Cotton Volunteer Fire Department Inc.

What is the revenue of Cotton Volunteer Fire Department Inc?

Cotton Volunteer Fire Department Inc's revenue in 2023 was $1,282,726.

Who are the executives of Cotton Volunteer Fire Department Inc and what are their salaries?

The average compensation at Cotton Volunteer Fire Department Inc during 2023 was $12,024. There are 48 employees at Cotton Volunteer Fire Department Inc.


Here are 5 key members and their salaries:


Gerald Melvin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dove (Treasurer)
  • Compensation: $0
  • Related: $9,084
  • Other: $0
Trey Mclean (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Harris (Member)
  • Compensation: $0
  • Related: $23,987
  • Other: $0
Roy Young (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cotton Volunteer Fire Department Inc?

Cotton Volunteer Fire Department Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cotton Volunteer Fire Department Inc

Cotton Volunteer Fire Department Inc is dedicated to safeguarding life and property through their primary mission of firefighting and prevention. This nonprofit organization's main objective is to offer fire suppression and protection services to its community, ensuring that all individuals, regardless of age or specific needs, receive these vital services without discrimination. The department does not impose direct fees for the services it provides to both residents and businesses within its jurisdiction.

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Impact




July, 2024

The Cotton Volunteer Fire Department Inc plays a crucial role in the community of Hope Mills, NC by providing essential fire protection and prevention services. Their impact is felt through their dedication to protecting lives and property through fire suppression activities. The department serves residents and businesses of all ages and needs without discrimination, ensuring that everyone has access to their vital services. By offering these services without direct fees, they demonstrate their commitment to the well-being and safety of the community. Overall, the Cotton Volunteer Fire Department Inc's work contributes significantly to public safety in their area.




This information is meant to be a general summary of Cotton Volunteer Fire Department 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.

Revenue
$1,282,726 (2023)
Expenses
$1,358,601 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $937
  • Program Service Revenue: $1,236,728
  • Gross Receipts: $1,282,726

Assets and Liabilities:

  • Total Assets: $2,358,882
  • Total Liabilities: $571,476
  • Net Assets: $1,787,406

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Programs

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

FIRE PROTECTION SUPPOR

Revenue

$1,236,728

Organization Details

Founding Year

1958

Principal Officer

Kevin Dove

Main Address

PO BOX 129, HOPE MILLS, NC, 28348

NTEE Category

Code: M24 - Public safety

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