Overview
What is Reliance Hose Company No 1 Inc?
Reliance Hose Company No 1 Inc, situated in Mays Landing, New Jersey, is a dedicated nonprofit organization focused on fire prevention, protection, and control. Their primary mission is to combat and put out fires within the community. Acting as a fire prevention, protection, and control entity, they play a crucial role in ensuring public safety.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)
Reliance Hose Company No 1 Inc has received a Two-Star rating from Charity Navigator, indicating that there are significant areas for improvement within its operational practices. While the organization scores a perfect 100% in Accountability & Finance, it lacks independent board members, which raises concerns about governance and oversight. The absence of a website link on their tax form further detracts from transparency, as does the lack of a whistleblower policy and document retention plan.
On a positive note, the organization demonstrates a solid Program Expense Ratio of 70.92%, indicating that a substantial portion of its expenses is directed towards its programs. Additionally, there are no reported material diversions of assets, showcasing financial integrity. However, the organization must address its governance issues and enhance its transparency to build trust with stakeholders and the community.
Overall, while Reliance Hose Company No 1 Inc shows strength in financial accountability, the lack of independent board members and missing critical policies reflect areas that require urgent attention to improve its standing and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Reliance Hose Company No 1 Inc legitimate?
Reliance Hose Company No 1 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reliance Hose Company No 1 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: $0
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What is the mission statement of Reliance Hose Company No 1 Inc?
Reliance Hose Company No 1 Inc's primary mission is centered around fire prevention and extinguishment within the community. Acting as a fire prevention, protection, and control organization, it strives to safeguard the community from the destructive effects of fires. The company's operations are dedicated to ensuring the community's safety, serving as a reliable shield against fire threats.
What is the revenue of Reliance Hose Company No 1 Inc?
Reliance Hose Company No 1 Inc's revenue in 2023 was $70,529.
Who are the executives of Reliance Hose Company No 1 Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Reliance Hose Company No 1 Inc?
Reliance Hose Company No 1 Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Reliance Hose Company No 1 Inc
Reliance Hose Company No 1 Inc, a dedicated nonprofit organization, is committed to preventing and extinguishing fires within its community. Serving as a hub for fire prevention, protection, and control, this entity works tirelessly to ensure the safety and well-being of its residents. By operating as a fire prevention, protection, and control organization, Reliance Hose Company No 1 Inc is an essential force that safeguards its community against the destructive power of fires.
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Impact
August, 2024
Reliance Hose Company No 1 Inc plays a crucial role in preventing and extinguishing fires in the community of Mays Landing, NJ. Its impact is evident in safeguarding lives, property, and promoting public safety through its fire prevention, protection, and control services. The organization's efforts contribute significantly towards ensuring the well-being and security of residents in the area, making it a vital asset in maintaining a safe and secure environment.
This information is meant to be a general summary of Reliance Hose Company No 1 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 2023.
- Investment Income: $5
- Program Service Revenue: $175
- Gross Receipts: $123,971
Assets and Liabilities:
- Total Assets: $682,788
- Total Liabilities: $67,620
- Net Assets: $615,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELECTION WAGES
Revenue
$175
FIRE DEPARTMENT REIMBUR
OPRA REQUEST
Organization Details
Founding Year
2020
Principal Officer
Matthew Robison
NTEE Category
Code: M24 - Public safety
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