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Corolla Fire & Rescue Squad Inc

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

EIN: 561561027 ✦ Corolla, NC ✦ Designated as a 501(c)(3)

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Overview

What is Corolla Fire & Rescue Squad Inc?

Corolla Fire & Rescue Squad Inc is a nonprofit organization situated in Corolla, North Carolina, specifically at 827 Whalehead Drive. The primary mission of this organization is to address requests for fire suppression, investigations, and emergency medical care. With a dedicated workforce of two individuals, they contribute significantly to maintaining public safety in their community. This includes responding to emergencies, investigating incidents, and providing essential medical assistance when required. The squad's mission demonstrates their commitment to ensuring the well-being and protection of the Corolla community.


Official website here: www.corollafireandrescue.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Corolla Fire & Rescue Squad Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score of 76% is solely based on the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of funds.

One of the notable strengths of the organization is its governance structure. With a fully independent board consisting of 10 members, it showcases strong oversight and decision-making practices. Additionally, the charity operates with an impressive program expense ratio of 90.79%, meaning that a significant portion of its budget is directed towards its mission-related activities.

However, there are some weaknesses in the organization's policies. Both the conflict of interest and whistleblower policies are missing, which could raise concerns about the governance framework. Despite these limitations, the absence of material diversion of assets and a low liabilities-to-assets ratio demonstrates that the Corolla Fire & Rescue Squad Inc effectively manages its resources and maintains a stable financial footing.


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

Is Corolla Fire & Rescue Squad Inc legitimate?

Corolla Fire & Rescue Squad Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Corolla Fire & Rescue 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: $59,125

For more financial information, click here


Official website here: www.corollafireandrescue.com

What is the mission statement of Corolla Fire & Rescue Squad Inc?

The Corolla Fire & Rescue Squad Inc is dedicated to responding to requests for various emergency situations. Their primary responsibilities include fire suppression, investigations, and providing emergency medical care. This organization's mission is to be readily available and equipped to handle these emergencies, ensuring the safety and well-being of those in need. They strive to respond swiftly and effectively, utilizing their skills and resources to mitigate the impact of these situations. Their work is crucial in maintaining a sense of security and peace within the community.


Official website here: www.corollafireandrescue.com

Who is the CEO of Corolla Fire & Rescue Squad Inc?

Alfred Marzetti is the President of Corolla Fire & Rescue Squad Inc.


Official website here: www.corollafireandrescue.com

What is the revenue of Corolla Fire & Rescue Squad Inc?

Corolla Fire & Rescue Squad Inc's revenue in 2023 was $494,922.


Official website here: www.corollafireandrescue.com

Who are the executives of Corolla Fire & Rescue Squad Inc and what are their salaries?

The average compensation at Corolla Fire & Rescue Squad Inc during 2023 was $29,562. There are 2 employees at Corolla Fire & Rescue Squad Inc.


Here are 5 key members and their salaries:


Sean Defeo (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Burgoyne (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Spillman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Marzetti (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bostaph (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.corollafireandrescue.com

Where can I find the form 990 for Corolla Fire & Rescue Squad Inc?

Corolla Fire & Rescue Squad Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.corollafireandrescue.com

Learn more at the official website: www.corollafireandrescue.com

Mission Statement of Corolla Fire & Rescue Squad Inc

Corolla Fire & Rescue Squad Inc is dedicated to addressing emergency situations, focusing primarily on fire suppression, investigations, and emergency medical care. Their mission, as stated, is to respond promptly and effectively to requests in these areas, ensuring the safety and well-being of the community they serve. The squad's role is crucial in managing crises, providing assistance during fires, conducting investigations to uncover the causes, and offering medical aid during emergencies. Their mission embodies a commitment to swift action and life-saving services, making them an indispensable resource in times of distress.

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Impact




July, 2024

Corolla Fire & Rescue Squad Inc plays a crucial role in ensuring public safety in the city of Corolla, NC. By responding to requests for fire suppression, investigation, and emergency medical care, this organization directly impacts the well-being and security of the community. Their swift and efficient actions in times of crisis help prevent further damage, save lives, and provide essential support to those in need. Ultimately, the impact of Corolla Fire & Rescue Squad Inc is invaluable in safeguarding the residents and visitors of Corolla.




This information is meant to be a general summary of Corolla Fire & Rescue 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.

Revenue
$494,922 (2023)
Expenses
$493,433 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1,408
  • Gross Receipts: $494,922

Assets and Liabilities:

  • Total Assets: $1,224,411
  • Total Liabilities: $1,309
  • Net Assets: $1,223,102

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Organization Details

Founding Year

1981

Principal Officer

Alfred Marzetti

Main Address

827 WHALEHEAD DR, COROLLA, NC, 27927

NTEE Category

Code: M24 - Public safety

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