Overview
What is South Foster Volunteer Fire Department Charitable Trust?
The South Foster Volunteer Fire Department Charitable Trust is a nonprofit organization situated at 5 Mount Hygeia Road, Foster, Rhode Island 02825. Its primary mission is to manage and distribute assets for the benefit and utilization of the South Foster Volunteer Fire Department No. 1. This charitable trust's purpose is to support the local fire department in its operations and uphold its mission to safeguard the community.
Official website here: www.south fosterfire.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The South Foster Volunteer Fire Department Charitable Trust has received a solid Three-Star rating, which indicates a fair level of performance and accountability. The rating is based entirely on its Accountability & Finance metrics, reflecting how well the organization manages its financial resources and adheres to best practices.
Strengths of the organization include a fully independent board, signifying strong governance with 100% of board members being independent. Additionally, the trust demonstrates excellent financial health with a zero liability to asset ratio and 100% of expenses dedicated to programs. Transparency is also evident, as the organization maintains accessible board meeting minutes and lists its website on tax forms.
While the charity has performed well in its financial and governance practices, the overall score suggests there may be areas for improvement in other aspects of their operations or community impact, which are not covered by the current rating criteria. Nonetheless, the strong emphasis on accountability and full program expense ratios may inspire confidence among potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is South Foster Volunteer Fire Department Charitable Trust legitimate?
South Foster Volunteer Fire Department Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Foster Volunteer Fire Department Charitable Trust 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
For more financial information, click here
Official website here: www.south fosterfire.com
What is the mission statement of South Foster Volunteer Fire Department Charitable Trust?
The South Foster Volunteer Fire Department Charitable Trust's mission is centered around distributing assets for the benefit of the South Foster Volunteer Fire Department No. 1. This mission ensures that the fire department has the necessary resources to carry out its operations effectively. The trust's primary goal is to support the fire department in its mission to protect and serve the community. The trust likely plays a crucial role in securing funds and resources for the department, ensuring its continued operation and ability to respond to emergencies. The distributions made by the trust directly contribute to the fire department's ability to maintain its equipment, train its volunteers, and provide essential services to the community.
Official website here: www.south fosterfire.com
Who is the CEO of South Foster Volunteer Fire Department Charitable Trust?
Thomas Walden is the Trustee of South Foster Volunteer Fire Department Charitable Trust.
Official website here: www.south fosterfire.com
What is the revenue of South Foster Volunteer Fire Department Charitable Trust?
South Foster Volunteer Fire Department Charitable Trust's revenue in 2022 was $36,608.
Official website here: www.south fosterfire.com
Who are the executives of South Foster Volunteer Fire Department Charitable Trust and what are their salaries?
There 5 volunteers at South Foster Volunteer Fire Department Charitable Trust.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.south fosterfire.com
Where can I find the form 990 for South Foster Volunteer Fire Department Charitable Trust?
South Foster Volunteer Fire Department Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.south fosterfire.com
Learn more at the official website: www.south fosterfire.com
Mission Statement of South Foster Volunteer Fire Department Charitable Trust
The South Foster Volunteer Fire Department Charitable Trust is an organization with a mission centered around distributing assets for the benefit and use of the South Foster Volunteer Fire Department No. 1. This mission is carried out with the primary goal of supporting the operations and activities of the fire department. By doing so, the charity contributes to the safety and well-being of the community, ensuring the fire department has the necessary resources to respond to emergencies effectively. The charitable trust's role is instrumental in maintaining the operational capabilities of the South Foster Volunteer Fire Department No. 1, ultimately contributing to the protection and security of the community.
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Impact
August, 2024
The South Foster Volunteer Fire Department Charitable Trust has a significant impact on public safety in Foster, Rhode Island. By distributing assets to the South Foster Volunteer Fire Department No. 1, the trust provides crucial support for the department to carry out its lifesaving operations. This assistance contributes directly to the safety and well-being of the community by ensuring that the fire department has the necessary resources to respond effectively to emergencies and protect the local residents. The trust's commitment to aiding the fire department plays a vital role in safeguarding the community and enhancing public safety efforts in Foster.
This information is meant to be a general summary of South Foster Volunteer Fire Department Charitable Trust. 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.
- Gross Receipts: $46,931
Assets and Liabilities:
- Total Assets: $537,203
- Total Liabilities: $0
- Net Assets: $537,203
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Organization Details
Founding Year
2020
Phone
(401) 647-3780Principal Officer
Thomas Walden
Main Address
5 MOUNT HYGEIA ROAD, FOSTER, RI, 02825
Website
www.south fosterfire.comNTEE Category
Code: M24 - Public safety
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