Overview
What is Lovelady Volunteer Fire Dept?
Lovelady Volunteer Fire Dept is a dedicated nonprofit organization situated in Rutherford College, North Carolina (NC 28671). Their primary mission is to safeguard property and lives from fires and other disasters. To achieve this, they have established and equipped a volunteer fire department, training their team to ensure they are prepared to respond effectively in times of emergency. The organization's workforce comprises 16 dedicated individuals, all volunteering their time and skills to serve their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Lovelady Volunteer Fire Department has received a solid rating of 82%, which reflects a strong performance in accountability and financial management. The rating is primarily derived from its Accountability & Finance score, indicating that the organization is effectively managing its resources and operates with transparency.
One of the key strengths of the Lovelady Volunteer Fire Department is its fully independent board, which demonstrates a commitment to governance and oversight. The organization also excels in financial statements and has no reported issues regarding the diversion of assets. Furthermore, their program expense ratio is impressively high at 96.33%, suggesting that the vast majority of their funds are directed toward programmatic activities rather than administrative costs.
While the overall rating is commendable, the score is solely based on the Accountability & Finance metrics, and there may be other factors regarding program effectiveness or community impact that are not captured in this rating. Overall, the Lovelady Volunteer Fire Department appears to be a responsible nonprofit focused on financial integrity and community service.
This AI summary has been generated from information found on Charity Navigator.
Is Lovelady Volunteer Fire Dept legitimate?
Lovelady Volunteer Fire Dept is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lovelady Volunteer Fire Dept 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: $80,455
For more financial information, click here
What is the mission statement of Lovelady Volunteer Fire Dept?
The Lovelady Volunteer Fire Department's mission is centered around providing protection for both property and lives. They aim to achieve this by organizing, training, and equipping a volunteer fire department. This volunteer force is then prepared to respond effectively to fires and other disasters, ensuring the safety of their community. The department's mission is essential in fostering a sense of security and resilience within the community, as they stand ready to face any potential emergencies head-on.
Who is the CEO of Lovelady Volunteer Fire Dept?
Bob Smith is the Bod Chair of Lovelady Volunteer Fire Dept.
What is the revenue of Lovelady Volunteer Fire Dept?
Lovelady Volunteer Fire Dept's revenue in 2023 was $657,976.
Who are the executives of Lovelady Volunteer Fire Dept and what are their salaries?
The average compensation at Lovelady Volunteer Fire Dept during 2023 was $5,028. There are 16 employees at Lovelady Volunteer Fire Dept.
Here are 16 key members and their salaries:
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Where can I find the form 990 for Lovelady Volunteer Fire Dept?
Lovelady Volunteer Fire Dept's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lovelady Volunteer Fire Dept
Lovelady Volunteer Fire Dept is committed to safeguarding property and ensuring the well-being of individuals by combating fires and other calamities. Their mission encompasses the organization, training, and equipping of a volunteer fire department. This dedicated team is instrumental in providing protection against fires and various disasters, ensuring that the community remains secure. The department's primary focus is on establishing and maintaining a volunteer force equipped with the necessary resources to respond swiftly and effectively in times of crisis.
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Impact
July, 2024
The impact of Lovelady Volunteer Fire Dept is invaluable as it provides essential protection of property and lives from fire and other disasters in the community of Rutherford College, North Carolina. Through organizing, training, and equipping a volunteer fire department, Lovelady Volunteer Fire Dept plays a crucial role in ensuring public safety and emergency response capabilities. Their dedication and service contribute significantly to the welfare and security of the residents they serve.
This information is meant to be a general summary of Lovelady Volunteer Fire Dept. 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: $323
- Gross Receipts: $657,976
Assets and Liabilities:
- Total Assets: $2,672,037
- Total Liabilities: $8,658
- Net Assets: $2,663,379
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Organization Details
Founding Year
1960
Principal Officer
Bob Smith
Main Address
PO Box 126, Rutherford College, NC, 28671
NTEE Category
Code: M24Z - Public safety
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