Busti Fire Dept Inc is located in Jamestown, NY. 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. Busti Fire Dept Inc 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 12/2022, Busti Fire Dept Inc generated $278.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $214.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTEER FIRE DEPARTMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEER FIRE AND EMERGENCY RESCUE DEPARTMENTSERVING A SMALL RURAL COMMUNITY.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Charles Stafford Director | Trustee | 10 | $0 | 
| Ted Ellis Director | Trustee | 10 | $0 | 
| Randall Hockenberry 3rd Assistant Chief | Trustee | 10 | $0 | 
| Debbie Milks Assistant Treasurer | Trustee | 10 | $0 | 
| Ted Northrop Director | Trustee | 10 | $0 | 
| Jeremy Hasson Director | Trustee | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $0 | 
| Fundraising events | $0 | 
| Related organizations | $28,985 | 
| Government grants | $162,039 | 
| All other contributions, gifts, grants, and similar amounts not included above | $48,092 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $239,116 | 
| Total Program Service Revenue | $0 | 
| Investment income | $3,392 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $0 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | $12,657 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $278,774 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,899 | 
| Grants and other assistance to domestic individuals. | $100 | 
| Grants and other assistance to Foreign Orgs/Individuals | $0 | 
| Benefits paid to or for members | $15,724 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $0 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $0 | 
| Payroll taxes | $0 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $2,900 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $479 | 
| Office expenses | $6,282 | 
| Information technology | $9,188 | 
| Royalties | $0 | 
| Occupancy | $25,133 | 
| Travel | $4,917 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $13,504 | 
| Interest | $5 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $7,169 | 
| Insurance | $15,525 | 
| All other expenses | $0 | 
| Total functional expenses | $214,380 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,506 | 
| Savings and temporary cash investments | $222,715 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $0 | 
| Loans from Officers, Directors, or Controlling Persons | $0 | 
| Loans from Disqualified Persons | $0 | 
| Notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $1,553,735 | 
| Investments—publicly traded securities | $241,727 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $0 | 
| Total assets | $2,072,683 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Tax-exempt bond liabilities | $0 | 
| Escrow or custodial account liability | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 | 
| Secured mortgages and notes payable | $0 | 
| Unsecured mortgages and notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $0 | 
| Net assets without donor restrictions | $0 | 
| Net assets with donor restrictions | $0 | 
| Capital stock or trust principal, or current funds | $0 | 
| Paid-in or capital surplus, or land, building, or equipment fund | $0 | 
| Retained earnings, endowment, accumulated income, or other funds | $2,072,683 | 
| Total liabilities and net assets/fund balances | $2,072,683 |