Cape May Volunteer Fire Dep'T

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

EIN: 900528474 ✦ Cape may, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Cape May Volunteer Fire Dep'T?

The Cape May Volunteer Fire Dep'T is a nonprofit organization devoted to prioritizing the well-being and health of its volunteer firefighters. They achieve this by offering essential fire safety and medical equipment, ensuring their volunteers are well-equipped to carry out their duties efficiently. Additionally, they provide rigorous training programs to hone the necessary skills of these volunteers, enhancing their effectiveness in responding to emergencies.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 54% (One-Star out of Four Stars)

The Cape May Volunteer Fire Department has received a rating of 54%, which indicates some significant areas of concern. With a one-star rating, this nonprofit is highlighted as needing improvement, particularly in its financial management and program expenses. While the organization showcases a strong commitment to governance, with 100% independent board members and no material diversion of assets, these strengths do not fully mitigate the low score in overall financial efficiency.

The accountability and finance score reflects both strengths and weaknesses. The fire department has a favorable liabilities-to-assets ratio at 18.44%, which indicates that it is managing its debts effectively. However, the program expense ratio of 55.02% raises red flags, suggesting that a smaller portion of their expenditures is directed towards programs and services compared to administrative costs. This could impact the organization’s effectiveness in fulfilling its mission.

Overall, while the Cape May Volunteer Fire Department demonstrates commendable governance practices, the overall financial performance indicates the need for significant improvements. Stakeholders may want to inquire further into how funds are allocated to ensure that contributions are making a meaningful impact on the community.


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

Is Cape May Volunteer Fire Dep'T legitimate?

Cape May Volunteer Fire Dep'T is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape May Volunteer Fire Dep'T 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: $14,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cape May Volunteer Fire Dep'T?

The Cape May Volunteer Fire Department aims to prioritize the welfare and health of its volunteer firefighters. They achieve this by furnishing their volunteers with essential fire safety and medical equipment. Furthermore, the department offers comprehensive training programs to empower these volunteers with the necessary skills required to carry out their duties effectively.

Who is the CEO of Cape May Volunteer Fire Dep'T?

James Matthews is the President of Cape May Volunteer Fire Dep'T.

What is the revenue of Cape May Volunteer Fire Dep'T?

Cape May Volunteer Fire Dep'T's revenue in 2022 was $129,534.

Who are the executives of Cape May Volunteer Fire Dep'T and what are their salaries?

There 40 volunteers at Cape May Volunteer Fire Dep'T.


Here are 4 key members and their salaries:


James Matthews (President)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Michael Eck (Vice President)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
William Bezaire (Treasurer)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Louis Loughlin (Secretary)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cape May Volunteer Fire Dep'T?

Cape May Volunteer Fire Dep'T's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cape May Volunteer Fire Dep'T

Cape May Volunteer Fire Department is committed to ensuring the welfare and health of its volunteer firefighters. This is achieved by providing them with essential fire safety and medical equipment. Moreover, the department offers training programs to equip these volunteers with the necessary skills needed to carry out their duties effectively and safely. By investing in the well-being and competence of its volunteers, Cape May Volunteer Fire Department ensures that it has a capable and well-prepared workforce ready to respond to emergencies at a moment's notice.

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Impact




October, 2024

Cape May Volunteer Fire Department plays a critical role in enhancing public safety by prioritizing the welfare and health of its volunteer firefighters. By providing essential fire safety and medical equipment, the department ensures that its volunteers are well-prepared to respond effectively to emergencies. Additionally, the department offers comprehensive training programs that equip these dedicated individuals with the necessary skills to carry out their responsibilities safely and efficiently. This commitment not only safeguards the health of the firefighters but also enhances the overall safety of the Cape May community, fostering a reliable and capable emergency response team that residents can depend on in times of need.




This information is meant to be a general summary of Cape May Volunteer Fire Dep'T. 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
$129,534 (2022)
Expenses
$124,687 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Gross Receipts: $129,534

Assets and Liabilities:

  • Total Assets: $166,078
  • Total Liabilities: $0
  • Net Assets: $166,078

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Organization Details

Founding Year

1875

Principal Officer

James Matthews

Main Address

P O BOX 375, CAPE MAY, NJ, 08204

NTEE Category

Code: M24 - Public safety

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