Overview
What is E M Holt Community Vfd Inc?
E.M. Holt Community VFD Inc. is a North Carolina-based nonprofit organization, established under the state's laws, dedicated to providing fire protection to its community. The primary role of this volunteer-driven force includes responding to emergency calls, with volunteers earning $10 per call and unpaid explorer trainees contributing as well. The department also employs a team of five full-time firefighters, including the chief, and five part-time employees, with two staff members working on a 24-hour rotation. The department's secondary mission involves collaborating with various private and public organizations to promote safety and protect lives in the community. In 2021, the department reported a total of 974 calls for assistance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
E M Holt Community Vfd Inc has received a solid Three-Star rating from Charity Navigator, reflecting a score of 79%. This rating is based entirely on the organization's Accountability & Finance score, which also stands at 79%. The charity demonstrates strong oversight and governance practices, as evidenced by their perfect scores in areas such as audit and oversight committee performance, material diversion of assets, and conflict of interest policies.
The organization shows excellent financial health, with a low liabilities to assets ratio of 30.94%, indicating a strong balance sheet. Additionally, their program expense ratio is impressive at 97.27%, suggesting that the majority of their expenses go directly towards fulfilling their mission. These metrics highlight a commitment to financial accountability and responsible management of resources.
However, while the organization excels in financial accountability, the single beacon score means that other possible areas of evaluation, such as fundraising efficiency or impact metrics, were not considered. This limitation may suggest that while the charity is financially sound, there may be additional dimensions to their operations that are not captured in this rating. Overall, E M Holt Community Vfd Inc appears to be a reliable nonprofit in terms of financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is E M Holt Community Vfd Inc legitimate?
E M Holt Community Vfd Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. E M Holt Community Vfd 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: $142,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,403
For more financial information, click here
What is the mission statement of E M Holt Community Vfd Inc?
E M Holt Community Vfd Inc, as a non-profit organization, is established under North Carolina state laws with the primary purpose of providing fire protection to its community. It aims to collaborate and support any private or public organizations in promoting safety to property and safeguarding lives. The organization's mission is centered around ensuring the well-being of its community by offering fire protection services and fostering a safe environment.
Who is the CEO of E M Holt Community Vfd Inc?
Barry Crouse is the Outside Member of E M Holt Community Vfd Inc.
What is the revenue of E M Holt Community Vfd Inc?
E M Holt Community Vfd Inc's revenue in 2022 was $1,044,189.
Who are the executives of E M Holt Community Vfd Inc and what are their salaries?
The average compensation at E M Holt Community Vfd Inc during 2022 was $9,927. There are 36 employees and 40 volunteers at E M Holt Community Vfd Inc.
Here are 7 key members and their salaries:
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- Compensation: $84,220
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- Other: $15,943
Where can I find the form 990 for E M Holt Community Vfd Inc?
E M Holt Community Vfd Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of E M Holt Community Vfd Inc
E M Holt Community Vfd Inc, established as a non-profit corporation under North Carolina's laws, is committed to its primary purpose of ensuring fire protection for the community and collaborating with various organizations to promote safety and protect lives. This community-centric fire department is dedicated to aiding and assisting both public and private organizations in their efforts to safeguard properties and preserve lives. The organization's mission is geared towards acting as a beacon of security and protection, constantly seeking ways to enhance the safety of its community.
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Impact
July, 2024
E M Holt Community Vfd Inc's impact is felt directly in the community through its provision of crucial fire protection services. With a team of dedicated volunteers and paid staff, the organization responds to emergencies, aids in promoting safety, and safeguards lives and property. In 2021, they addressed 974 calls, demonstrating their commitment to ensuring the well-being of the community. Through their tireless efforts and collaboration with other organizations, E M Holt Community Vfd Inc plays a vital role in upholding public safety in Alamance, NC.
This information is meant to be a general summary of E M Holt Community Vfd 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: $12,631
- Program Service Revenue: $920,442
- Gross Receipts: $1,044,189
Assets and Liabilities:
- Total Assets: $3,003,960
- Total Liabilities: $1,069,433
- Net Assets: $1,934,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AD VALOREM TAX REVENUE
Revenue
$920,442
Organization Details
Founding Year
1966
Phone
(336) 226-0617Principal Officer
Barry Crouse
Main Address
P O BOX 175, ALAMANCE, NC, 272010175
NTEE Category
Code: M24 - Public safety
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