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Elkton Volunteer Fire Company Inc

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

EIN: 900149470 ✦ Elkton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Elkton Volunteer Fire Company Inc?

Elkton Volunteer Fire Company Inc is a dedicated nonprofit organization situated in Elkton, Virginia. Serving a community of around 8000 people and covering an expanse of approximately 100 square miles, this volunteer-led entity is devoted to firefighting operations. The organization's primary objective is to ensure the safety and well-being of its community, as demonstrated by their programs that focus on managing firefighting expenses.


Official website here: www.elktonfireco.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating.

Elkton Volunteer Fire Company Inc has earned an 82% score from Charity Navigator, reflecting solid accountability and finance practices. The organization has a perfect score for having a majority of independent board members and demonstrates transparency with policies in place for conflict of interest, whistleblowing, and document retention. These factors contribute to its overall strength in governance and operational integrity.

The organization shows a strong commitment to its mission, as indicated by a program expense ratio of 99.50%, meaning that a significant portion of funds is allocated to its programs. However, it does have a low score for its liabilities to assets ratio, which stands at 69.68%. This may suggest potential financial vulnerabilities that could impact its long-term sustainability.

Overall, Elkton Volunteer Fire Company Inc appears to be well-managed with transparent practices and a strong focus on its operational goals. While there are areas for improvement regarding its financial ratios, the high program expense ratio indicates a dedication to effectively utilizing resources for community service.


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

Is Elkton Volunteer Fire Company Inc legitimate?

Elkton Volunteer Fire Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elkton Volunteer Fire Company 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

For more financial information, click here


Official website here: www.elktonfireco.org

What is the mission statement of Elkton Volunteer Fire Company Inc?

The Elkton Volunteer Fire Company Inc, in its mission, serves a community and its surrounding area, encompassing approximately 100 square miles and 8000 residents. As a volunteer organization, its primary focus is on firefighting operations, ensuring the safety and well-being of the population it serves. The company's activities are geared towards providing essential fire-related services, contributing to the overall safety and security of the community.


Official website here: www.elktonfireco.org

Who is the CEO of Elkton Volunteer Fire Company Inc?

Gary Smith is the President of Elkton Volunteer Fire Company Inc.


Official website here: www.elktonfireco.org

What is the revenue of Elkton Volunteer Fire Company Inc?

Elkton Volunteer Fire Company Inc's revenue in 2022 was $197,809.


Official website here: www.elktonfireco.org

Who are the executives of Elkton Volunteer Fire Company Inc and what are their salaries?


Here are 5 key members and their salaries:


Scott Lam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Steve Saum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Kibler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad A Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elktonfireco.org

Where can I find the form 990 for Elkton Volunteer Fire Company Inc?

Elkton Volunteer Fire Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.elktonfireco.org

Learn more at the official website: www.elktonfireco.org

Mission Statement of Elkton Volunteer Fire Company Inc

Elkton Volunteer Fire Company Inc is a dedicated organization that serves as a volunteer firefighting unit, protecting the community of Elkton and its surrounding area. Spanning over 100 square miles and home to approximately 8000 people, this volunteer fire company plays a crucial role in safeguarding the lives and properties within its jurisdiction. Its mission is centered around firefighting operations, ensuring that the community has access to emergency services when needed. The company's volunteer nature allows it to operate in a cost-effective manner, providing essential services to the community without relying on substantial financial resources.

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Impact




October, 2024

Elkton Volunteer Fire Company Inc plays a crucial role in enhancing public safety for the Elkton, VA community and its surrounding areas. Covering approximately 100 square miles and serving around 8,000 residents, the fire company is integral in responding to emergencies, managing firefighting operations, and ensuring the safety and well-being of local citizens.

Through their dedicated volunteer efforts, they provide essential services that protect lives and property, educate the public about fire safety, and foster a sense of community resilience. The commitment to volunteerism not only aids in emergency response but also promotes camaraderie and community spirit, as members often engage in various outreach initiatives. Their presence is a stabilizing force in the region, reinforcing the importance of readiness and rapid response in times of crisis.




This information is meant to be a general summary of Elkton Volunteer Fire Company 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.

Revenue
$197,809 (2022)
Expenses
$272,068 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $715
  • Gross Receipts: $266,519

Assets and Liabilities:

  • Total Assets: $2,989,712
  • Total Liabilities: $2,083,323
  • Net Assets: $906,389

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Organization Details

Founding Year

1975

Principal Officer

Gary Smith

Main Address

PO Box 91, Elkton, VA, 22827

NTEE Category

Code: M24 - Public safety

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