Independence Volunteer Fire Dept
- Assets
- $2.3m
- Revenue
- $84.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Independence, VA
- Founding
- 09/1993
- Data as of
- 09/2022
- EIN
- 54-1768319
Organization Overview
Independence Volunteer Fire Dept is located in Independence, VA. The organization was established in 1993. According to its NTEE Classification (M19) the organization is classified as: Support N.E.C., 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. Independence Volunteer Fire Dept 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 09/2022, Independence Volunteer Fire Dept generated $84.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (21.4%) each year. All expenses for the organization totaled $37.9k during the year ending 09/2022. 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
FIREFIGHTERS WHO FIGHT FIRES AND PROVIDE FIRE SAFETY EDUCATION TO THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS COMMUNITY FIRE FIGHTING
FIRE PREVENTION ACTIVITIES AND EDUCATION ARE PRESENTED TO AREA SCHOOL
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Osborne Asst Chief | Officer | 0 | $0 |
Matthew Adams Captain | Officer | 0 | $0 |
Jeremy Walters 2nd Lieutenant | Officer | 0 | $0 |
Roger Hash Pres Treas | Officer | 0 | $0 |
Jason Harris Secretary | Officer | 0 | $0 |
Gary Hash Chief | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,651 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,183 |
| Total Program Service Revenue | $0 |
| Investment income | $293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,152 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,033 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,661 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $798 |
| Office expenses | $787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,706 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,903 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,060 |
| Savings and temporary cash investments | $241,237 |
| 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 | $2,005,571 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,287,868 |
| 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 | $80,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80,000 |
| 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 | $2,207,868 |
| Total liabilities and net assets/fund balances | $2,287,868 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Independence Volunteer Fire Dept has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanitarian Openstreetmap Team United States Inc Washington, DC | $25,370,661 | $4,065,854 |
Sugar Hill-Montford Cove Volunteer Fire Department Inc Marion, NC | $1,242,505 | $1,378,882 |
Fire Industry Education And Research Organization Inc Charlotte, NC | $90,335 | $296,759 |
Emergency Chaplains Inc Durham, NC | $275,739 | $232,983 |
Box 55 Association Madison, TN | $243,136 | $77,567 |
Iaff Local 1605 Foundation Inc Funkstown, MD | $1,330,491 | $341,036 |
Independence Volunteer Fire Dept Independence, VA | $2,287,868 | $84,661 |
Summerfield Firefighters Charitable Corporation Summerfield, NC | $33,230 | $0 |
Kentucky Tactical Emergency Medical Services Association Inc Louisville, KY | $995 | $0 |
The Cyber Guild Foundation Mclean, VA | $0 | $0 |