Independent Hose Company Inc
- Assets
- $254.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OH
- Founding
- 11/1972
- Data as of
- 12/2022
- EIN
- 34-0697171
Organization Overview
Independent Hose Company Inc is located in Salem, OH. The organization was established in 1972. 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. Independent Hose Company Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Independent Hose Company Inc generated $96.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $116.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL ORGANIZATION FOR THE BENEFIT OF MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Irey Treasurer | 2 | $0 | |
Kenneth May President | 2 | $0 | |
Kenneth Kyser Vice President | 2 | $0 | |
Charles Bubba Mcshane Secretary | 2 | $0 | |
Frederick G Price Trustee | 2 | $0 | |
Max Clapsadle Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,015 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,343 |
| Other Revenue | $0 |
| Total Revenue | $96,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $200 |
| Salaries, other compensation, and employee benefits | $53,470 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $21,107 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,458 |
| Total expenses | $116,485 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,060 |
| Other assets | $0 |
| Total assets | $254,404 |
| Total liabilities | $1,314 |
| Net assets or fund balances | $253,090 |