Overview
What is Otto Volunteer Fire & Rescue Inc?
Otto Volunteer Fire & Rescue Inc is a nonprofit organization situated in Otto, Macon County, North Carolina, with a population of approximately 1700 people. The organization is primarily dedicated to offering volunteer fire protection services to the community, responding to around 200 fires annually. Besides fire protection, they also provide volunteer rescue services, demonstrating their commitment to ensuring the safety and well-being of their community. Notably, they have converted some of their fire trucks into rescue vehicles, signifying their adaptability and readiness to address various emergencies. The organization operates with a small team of just 2 individuals, showcasing the community spirit and selflessness of its volunteers.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Otto Volunteer Fire & Rescue Inc demonstrates solid accountability and finance practices, evident in their overall score of 79%. This rating is solely derived from their Accountability & Finance beacon, reflecting a strong commitment to transparency and responsible financial management. The organization excels in several key areas, including having an entirely independent board and robust policies regarding conflict of interest and whistleblower protections.
The organization maintains an impressive program expense ratio of 100%, indicating that all funds are directed toward their mission and services. With a low liabilities to assets ratio of 25.46%, Otto Volunteer Fire & Rescue Inc appears to be in a stable financial position, which fosters trust among donors and stakeholders.
While the organization receives high marks for governance and financial practices, the single beacon score means there is limited information about other operational aspects. Future assessments may benefit from a broader evaluation of program outcomes and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Otto Volunteer Fire & Rescue Inc legitimate?
Otto Volunteer Fire & Rescue Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otto Volunteer Fire & Rescue 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: $43,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,885
For more financial information, click here
What is the mission statement of Otto Volunteer Fire & Rescue Inc?
Otto Volunteer Fire & Rescue Inc is dedicated to providing volunteer fire protection and rescue services for a community of approximately 1700 people. They respond to around 200 fires annually and offer rescue services within this community. The organization goes beyond traditional firefighting by converting fire trucks into rescue vehicles, expanding their capabilities to better serve the community. Their mission is centered around ensuring safety and emergency assistance, demonstrating a commitment to the well-being of their community.
Who is the CEO of Otto Volunteer Fire & Rescue Inc?
Barry Cabe is the Treasurer of Otto Volunteer Fire & Rescue Inc.
What is the revenue of Otto Volunteer Fire & Rescue Inc?
Otto Volunteer Fire & Rescue Inc's revenue in 2022 was $511,667.
Who are the executives of Otto Volunteer Fire & Rescue Inc and what are their salaries?
The average compensation at Otto Volunteer Fire & Rescue Inc during 2022 was $63,770. There are 2 employees at Otto Volunteer Fire & Rescue Inc.
Here are 7 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Otto Volunteer Fire & Rescue Inc?
Otto Volunteer Fire & Rescue Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Otto Volunteer Fire & Rescue Inc
Otto Volunteer Fire & Rescue Inc is dedicated to providing essential services to its community in Macon County, North Carolina. With a population of approximately 1700 people, the organization plays a crucial role in ensuring the safety of its residents. Otto Volunteer Fire & Rescue Inc responds to around 200 fires each year, exhibiting a commendable commitment to fire protection. Furthermore, the organization extends its services beyond firefighting, offering volunteer rescue services within the Otto community. To cater to these rescue operations, the organization has converted some of its fire trucks into rescue vehicles. This versatility and dedication to the community make Otto Volunteer Fire & Rescue Inc an invaluable asset to its residents.
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Impact
July, 2024
Otto Volunteer Fire & Rescue Inc plays a crucial role in ensuring public safety by providing volunteer fire protection and rescue services to the Otto community in Macon County, NC. With approximately 200 fire responses each year, the organization's impact is tangible and vital in safeguarding the lives and property of the 1,700 residents in the area. Additionally, their innovative approach of converting fire trucks into rescue vehicles demonstrates their commitment to efficiently serving the community in times of emergencies.
This information is meant to be a general summary of Otto Volunteer Fire & Rescue 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: $1,188
- Gross Receipts: $511,667
Assets and Liabilities:
- Total Assets: $1,446,679
- Total Liabilities: $470,534
- Net Assets: $976,145
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Organization Details
Founding Year
1985
Principal Officer
Barry Cabe
Main Address
60 Firehouse Road, Otto, NC, 28763
NTEE Category
Code: M24 - Public safety
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