Lakemont Volunteer Fire Company No 1

Organization Overview

Lakemont Volunteer Fire Company No 1 is located in Altoona, PA. The organization was established in 1995. 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. Lakemont Volunteer Fire Company No 1 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 12/2021, Lakemont Volunteer Fire Company No 1 generated $161.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $182.7k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PERFORM VOLUNTEER FIRE FIGHTING AND RESCUE SERVICES AS WELL AS FIRE PREVENTION EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

VOLUNTEER FIRE FIGHTING AND RESCUE SERVICES INCLUDING RESPONDING TO HUNDREDS ALARMS IN 2021. SERVICE AREA COVERS 12 SQUARE MILES OF LOGAN TOWNSHIP, PENNSYLVANIA. THEIR COVERAGE AREA CONSISTS OF BOTH COMMERCIAL AND RESIDENTIAL DWELLINGS AND SEVRAL MAJOR HIGHWAYS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$263
Fundraising events$0
Related organizations$0
Government grants $63,006
All other contributions, gifts, grants, and similar amounts not included above$20,067
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$83,336
Total Program Service Revenue$0
Investment income $19,748
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $200
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $51,700
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $161,130

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lakemont Volunteer Fire Company No 1 has recieved totaling $1,200.

Awarding OrganizationAmount
Harrison C And Margaret A Snyder Charitable Trust

Buffalo, NY

PURPOSE: PROVIDE FUNDING FOR SERVICE

$1,200
View Grant Recipient Profile

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