Overview
What is Herbert Wallace Memorial Volunteer Fire Company?
The Herbert Wallace Memorial Volunteer Fire Company is a dedicated nonprofit organization situated within Avondale, Louisiana's seventh Fire protection district. Their primary mission is to safeguard the community by extinguishing fires and upholding public safety. This includes offering necessary firefighting services and related assistance tailored to the area's requirements. Their purpose is to protect lives and properties within the district, ensuring a secure environment for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Herbert Wallace Memorial Volunteer Fire Company has earned a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 82%. This score is based entirely on the Accountability & Finance beacon, indicating a strong emphasis on financial health and governance practices within the organization. An independent board and comprehensive financial audits contribute positively to this rating.
Strengths of the organization include a fully independent board of directors, which ensures transparency and effective oversight. The fire company demonstrates excellent financial management, evidenced by a low liabilities-to-assets ratio of 2.04% and a high program expense ratio of 84.13%. These figures suggest that the majority of their funding is directed towards operational programs rather than administrative costs.
While the organization shows strong accountability and finance indicators, the rating does not provide insights into program effectiveness or community impact. Therefore, while the financial health appears robust, potential donors may want to consider supplementary information regarding the organization's operational outcomes and community engagement initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Herbert Wallace Memorial Volunteer Fire Company legitimate?
Herbert Wallace Memorial Volunteer Fire Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herbert Wallace Memorial Volunteer Fire Company 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: $177,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,090
For more financial information, click here
What is the mission statement of Herbert Wallace Memorial Volunteer Fire Company?
The Herbert Wallace Memorial Volunteer Fire Company is dedicated to combating fires and maintaining public safety. Their mission involves providing necessary fire protection services and related assistance that caters to the requirements of their community, situated within the seventh Fire protection district of Avondale. They strive to ensure the well-being of their community by delivering essential firefighting and safety services.
Who is the CEO of Herbert Wallace Memorial Volunteer Fire Company?
Dwight Payne is the Treasurer of Herbert Wallace Memorial Volunteer Fire Company.
What is the revenue of Herbert Wallace Memorial Volunteer Fire Company?
Herbert Wallace Memorial Volunteer Fire Company's revenue in 2022 was $922,252.
Who are the executives of Herbert Wallace Memorial Volunteer Fire Company and what are their salaries?
The average compensation at Herbert Wallace Memorial Volunteer Fire Company during 2022 was $53,154. There are 11 employees at Herbert Wallace Memorial Volunteer Fire Company.
Here are 10 key members and their salaries:
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- Compensation: $41,830
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- Compensation: $134,192
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Where can I find the form 990 for Herbert Wallace Memorial Volunteer Fire Company?
Herbert Wallace Memorial Volunteer Fire Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Herbert Wallace Memorial Volunteer Fire Company
The Herbert Wallace Memorial Volunteer Fire Company is dedicated to combating fires and ensuring public safety within its jurisdiction. Located in Avondale, Louisiana, this nonprofit organization provides essential fire protection and related services to meet the community's needs within the seventh Fire protection district. Their mission is to strive tirelessly to extinguish fires and safeguard the public, delivering the necessary firefighting and associated services that the community requires.
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Impact
July, 2024
The Herbert Wallace Memorial Volunteer Fire Company plays a crucial role in safeguarding the community within the seventh Fire protection district of Avondale, LA. By providing essential fire protection and related services, they contribute significantly to ensuring the safety and well-being of residents in the area. Their dedication to fighting fires and responding to emergencies directly impacts the community by mitigating risks, saving lives, and protecting property. Through their efforts, the Herbert Wallace Memorial Volunteer Fire Company makes a tangible and meaningful difference in promoting public safety and security in Avondale, LA.
This information is meant to be a general summary of Herbert Wallace Memorial Volunteer Fire Company. 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: $601
- Gross Receipts: $922,252
Assets and Liabilities:
- Total Assets: $760,246
- Total Liabilities: $15,649
- Net Assets: $744,597
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Organization Details
Founding Year
2003
Phone
(504) 349-5576Principal Officer
Dwight Payne
Main Address
4040 HIGHWAY 90 WEST, AVONDALE, LA, 70094
NTEE Category
Code: M24 - Public safety
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