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Walnut Cove 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: 581574224 ✦ Walnut cove, NC ✦ Designated as a 501(c)(3)

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Overview

What is Walnut Cove Volunteer Fire Department?

The Walnut Cove Volunteer Fire Department is a nonprofit organization located in Walnut Cove, North Carolina. Established with a mission to serve its community, the department primarily focuses on providing essential fire and rescue services to the town of Walnut Cove and its surrounding areas. With a committed team of 23 volunteers, they work diligently to ensure the safety of their community, offering emergency assistance during critical situations. Their activities and mission are centered around the provision of fire and rescue services within their designated service area, ensuring the well-being and protection of their community members.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86%, Three-Star out of Four Star rating

The Walnut Cove Volunteer Fire Department has received an 86% score, translating to a Three-Star rating, based solely on its Accountability & Finance metrics. This score signifies a solid level of financial health and transparency within the organization, making it a reliable entity for potential donors and community supporters.

The organization showcases exemplary governance with a fully independent board comprising ten members, earning full points for both board independence and size. Furthermore, their financial statements are thoroughly reviewed or compiled, indicating a commitment to high standards in financial management. Notably, they have a low liabilities-to-assets ratio of 27.69%, suggesting sound fiscal practices.

While the organization performs well in most assessed areas, this rating does not provide insight into programmatic effectiveness or community impact beyond financial practices. As such, potential supporters may want to consider these aspects alongside the financial metrics when evaluating their contributions.


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

Is Walnut Cove Volunteer Fire Department legitimate?

Walnut Cove Volunteer Fire Department is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Cove 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: $35,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,403

For more financial information, click here

What is the mission statement of Walnut Cove Volunteer Fire Department?

The Walnut Cove Volunteer Fire Department is committed to providing essential fire and rescue services within its designated service area. Their mission is to safeguard lives and properties by responding promptly to emergencies and offering necessary assistance. The department strives to ensure the well-being of its community by offering preventative measures and education on fire safety. They are dedicated to maintaining a robust and capable team of volunteers, continuously training and preparing them to handle any situation that may arise. In times of crisis, the Walnut Cove Volunteer Fire Department stands ready to offer their expertise and support.

Who is the CEO of Walnut Cove Volunteer Fire Department?

Tommy Fagg is the Chairman of Walnut Cove Volunteer Fire Department.

What is the revenue of Walnut Cove Volunteer Fire Department?

Walnut Cove Volunteer Fire Department's revenue in 2023 was $570,034.

Who are the executives of Walnut Cove Volunteer Fire Department and what are their salaries?

The average compensation at Walnut Cove Volunteer Fire Department during 2023 was $6,973. There are 23 employees and 36 volunteers at Walnut Cove Volunteer Fire Department.


Here are 10 key members and their salaries:


Brian Booe (Chief)
  • Compensation: $25,467
  • Related: $0
  • Other: $0
John Hawkins (Treasurer)
  • Compensation: $6,450
  • Related: $0
  • Other: $0
Patrick Branch (Director)
  • Compensation: $4,051
  • Related: $0
  • Other: $0
Tommy Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Cheek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Fagg (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randal Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Teague (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Walnut Cove Volunteer Fire Department?

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

Mission Statement of Walnut Cove Volunteer Fire Department

Walnut Cove Volunteer Fire Department is dedicated to providing essential fire and rescue services within its designated service area. Their mission, in essence, is to safeguard the community they serve, responding to emergencies and ensuring the well-being of its residents. The department is committed to delivering firefighting and rescue operations, acting as a beacon of protection and assistance during times of crisis. By offering these vital services, Walnut Cove Volunteer Fire Department strives to maintain a secure environment where its community members can live, work, and thrive with peace of mind.

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Impact




July, 2024

Walnut Cove Volunteer Fire Department plays a crucial role in ensuring public safety by providing fire and rescue services within its service area. Their dedicated efforts help protect the residents of Walnut Cove, North Carolina, and the surrounding areas from potential disasters and emergencies. The department's impact is evident in the swift response to fires, accidents, and other critical situations, ultimately saving lives and minimizing property damage. Their commitment to serving the community contributes significantly to the overall well-being and security of the region.




This information is meant to be a general summary of Walnut Cove 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
$570,034 (2023)
Expenses
$662,751 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $266
  • Gross Receipts: $570,034

Assets and Liabilities:

  • Total Assets: $1,307,971
  • Total Liabilities: $362,195
  • Net Assets: $945,776

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Organization Details

Founding Year

1956

Principal Officer

Tommy Fagg

Main Address

PO BOX 532, WALNUT COVE, NC, 27052

NTEE Category

Code: M24Z - Public safety

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