Salem Volunteer Fire Company Incorporated is located in Salem, CT. The organization was established in 1991. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Volunteer Fire Company Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Salem Volunteer Fire Company Incorporated generated $112.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $88.0k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NIL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Maiorano Fire Chief | 0 | $0 | |
Lisa Martin Secretary | 0 | $0 | |
Marcella Maiorano Treasurer | 0 | $0 | |
Charles Weston Assistant Chief | 0 | $0 | |
Alex Blais Deputy Chief | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,285 |
| Total Program Service Revenue | $8,378 |
| Membership dues | $135 |
| Investment income | $26,629 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $33,050 |
| Total Revenue | $112,477 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,751 |
| Occupancy, rent, utilities, and maintenance | $24,040 |
| Printing, publications, postage, and shipping | $422 |
| Other expenses | $59,954 |
| Total expenses | $88,008 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,943 |
| Other assets | $0 |
| Total assets | $119,943 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,943 |