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Cold Water Volunteer Fire Department

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

EIN: 566062579 ✦ Concord, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cold Water Volunteer Fire Department?

Cold Water Volunteer Fire Department is a nonprofit organization located in Concord, North Carolina, specifically in the PO Box 817 area. Its primary mission is dedicated to combating fires within the Cold Water Fire District of Cabarrus County, North Carolina. This community-focused organization, with a team of 31 individuals, is committed to ensuring the safety of their community by responding to fire emergencies.


Official website here: www.coldwatervfd.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Cold Water Volunteer Fire Department has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The rating is based entirely on the charity's accountability and finance score. Notably, the organization has a strong program expense ratio of 92.12%, demonstrating a significant commitment to utilizing funds for its primary mission, which is essential for nonprofit efficiency.

However, there are some areas of concern regarding governance and transparency. The nonprofit has a limited number of independent board members, with only 27% of its board being independent. Additionally, key policies such as conflict of interest and whistleblower protections are missing, which could raise questions about the organization's oversight and ethical practices. The absence of the tax form on the nonprofit's website also detracts from its transparency.

Overall, while the Cold Water Volunteer Fire Department shows strengths in financial health and program efficiency, it would benefit from improving its governance practices and enhancing transparency efforts to build greater trust with stakeholders.


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

Is Cold Water Volunteer Fire Department legitimate?

Cold Water Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cold Water Volunteer Fire Department 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: $147,397

For more financial information, click here


Official website here: www.coldwatervfd.com

What is the mission statement of Cold Water Volunteer Fire Department?

The Cold Water Volunteer Fire Department, being a non-profit organization, is primarily established with the mission to combat fires within the Cold Water Fire District of Cabarrus County, North Carolina. This mission is at the heart of its operations, with the organization dedicated to ensuring the safety of the community by extinguishing fires and responding to emergencies. The department serves as a vital resource for the district, providing essential firefighting services when needed. While its main focus is on firefighting, the organization's work extends beyond this, ensuring the well-being and safety of the community it serves.


Official website here: www.coldwatervfd.com

Who is the CEO of Cold Water Volunteer Fire Department?

Janet Lentz is the Board Member of Cold Water Volunteer Fire Department.


Official website here: www.coldwatervfd.com

What is the revenue of Cold Water Volunteer Fire Department?

Cold Water Volunteer Fire Department's revenue in 2023 was $522,245.


Official website here: www.coldwatervfd.com

Who are the executives of Cold Water Volunteer Fire Department and what are their salaries?

The average compensation at Cold Water Volunteer Fire Department during 2023 was $4,755. There are 31 employees at Cold Water Volunteer Fire Department.


Here are 12 key members and their salaries:


Carl Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Preddy (Board Member)
  • Compensation: $22,932
  • Related: $0
  • Other: $0
David Blackwelder (Secretary)
  • Compensation: $11,720
  • Related: $0
  • Other: $0
James Lentz Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Lentz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Preddy (Board Member)
  • Compensation: $14,678
  • Related: $0
  • Other: $0
Randy Love (Vice President)
  • Compensation: $32,024
  • Related: $0
  • Other: $0
Tom Blackwelder (President)
  • Compensation: $9,951
  • Related: $0
  • Other: $0
Jason Walker (Board Member)
  • Compensation: $981
  • Related: $0
  • Other: $0
John Eury Iii (Board Member)
  • Compensation: $450
  • Related: $0
  • Other: $0
Pam Walker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Blackwelder Jr (Board Member)
  • Compensation: $705
  • Related: $0
  • Other: $0


Official website here: www.coldwatervfd.com

Where can I find the form 990 for Cold Water Volunteer Fire Department?

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


Official website here: www.coldwatervfd.com

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

Mission Statement of Cold Water Volunteer Fire Department

Cold Water Volunteer Fire Department, a non-profit organization, is established with the primary mission of combating fires within the Cold Water Fire District of Cabarrus County, North Carolina. This dedicated group is committed to protecting their community by putting out fires and ensuring the safety of its residents. Their mission is a testament to their selfless service and unwavering dedication to their community, always ready to respond when called upon.

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Impact




July, 2024

The Cold Water Volunteer Fire Department plays a crucial role in ensuring public safety in the Cold Water Fire District of Cabarrus County, North Carolina. They are dedicated to fighting fires and responding to emergencies in the community, providing vital services that help protect lives, property, and the environment. Their impact is felt in the swift and effective response to fires and other incidents, contributing to the overall well-being and security of the residents in their district.




This information is meant to be a general summary of Cold Water Volunteer Fire Department. 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
$522,245 (2023)
Expenses
$333,255 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $418,090
  • Gross Receipts: $522,245

Assets and Liabilities:

  • Total Assets: $1,198,900
  • Total Liabilities: $0
  • Net Assets: $1,198,900

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Programs

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

COUNTY PROPERTY TAX

Revenue

$332,669

COUNTY SALES TAX

Revenue

$80,106

SALES TAX REFUND

Revenue

$5,315

Organization Details

Founding Year

1958

Principal Officer

Janet Lentz

Main Address

PO BOX 817, CONCORD, NC, 28026

NTEE Category

Code: M24 - Public safety

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