Palmyra Fire Company Inc
- Assets
- $306.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmyra, NY
- Founding
- 10/1974
- Data as of
- 02/2024
- EIN
- 23-7408429
Organization Overview
Palmyra Fire Company Inc is located in Palmyra, NY. The organization was established in 1974. 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. Palmyra Fire Company Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 02/2024, Palmyra Fire Company Inc generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $23.3k during the year ending 02/2024. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 years. 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
2024
Describe the Organization's Program Activity:
Part 3
THE PALMYRA FIRE COMPANY, INC. PROVIDES FIRE PROTECTION AND EDUCATION TO THE VILLAGE OF PALMYRA AND SURROUNDING AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry Banker President (until 9/23) | 0 | $0 | |
Rachel Henning Vice President (begin 8/23) | 0 | $0 | |
Scott Erdeli Secretary | 0 | $0 | |
Ray Freyn Treasurer (until 6/23) | 0 | $0 | |
Glenn Bullock Treasurer (begin 6/23) | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,053 |
| Total Program Service Revenue | $13,995 |
| Membership dues | $15 |
| Investment income | $3,657 |
| Gain or Loss | $15,243 |
| Net Income from Gaming & Fundraising | $2,426 |
| Other Revenue | $1,045 |
| Total Revenue | $40,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $650 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,050 |
| Occupancy, rent, utilities, and maintenance | $3,926 |
| Printing, publications, postage, and shipping | $48 |
| Other expenses | $16,030 |
| Total expenses | $23,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,589 |
| Other assets | $0 |
| Total assets | $306,928 |
| Total liabilities | $0 |
| Net assets or fund balances | $306,928 |