Ocean Park Volunteer Fire And Rescue Unit Inc
- Assets
- $1.2m
- Revenue
- $338.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 09/1985
- Data as of
- 07/2022
- EIN
- 54-6114848
Organization Overview
Ocean Park Volunteer Fire And Rescue Unit Inc is located in Virginia Beach, VA. The organization was established in 1985. 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. Ocean Park Volunteer Fire And Rescue Unit 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 07/2022, Ocean Park Volunteer Fire And Rescue Unit Inc generated $338.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $241.0k during the year ending 07/2022. While expenses have increased by 8.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY MEDICAL SERVICES TO THE CITY OF VIRGINIA BEACH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EMERGENCY MEDICAL SERVICES TO THE CITY OF VIRGINIA BEACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Deaver Secretary | Officer | 15 | $0 |
Ariene Johnson Member At Large | Officer | 5 | $0 |
John Van Huyck Treasurer | Officer | 14 | $0 |
Alex White Vice President | Officer | 16 | $0 |
Aaron Stauffenberg Squad Commander | Officer | 20 | $0 |
Branan Roughgarden President | Officer | 24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $291,113 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $291,113 |
| Total Program Service Revenue | $0 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $47,283 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $338,425 |
| 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 | $250 |
| Fees for services: Accounting | $770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,136 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,061 |
| Office expenses | $1,385 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $18 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,458 |
| Insurance | $6,248 |
| All other expenses | $87,667 |
| Total functional expenses | $241,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $576,723 |
| 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 | $657,470 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,400 |
| Total assets | $1,238,593 |
| Accounts payable and accrued expenses | $78,000 |
| 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 | $87,500 |
| Other liabilities | $4,000 |
| Total liabilities | $169,500 |
| Net assets without donor restrictions | $1,069,093 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,238,593 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ocean Park Volunteer Fire And Rescue Unit Inc has recieved totaling $98,986.
| Awarding Organization | Amount |
|---|---|
Virginia Beach Rescue Squad Foundation Inc Virginia Beach, VA PURPOSE: AMBULANCES | $70,986 |
Virginia Beach Rescue Squad Foundation Inc Virginia Beach, VA PURPOSE: POWER STRETCHER | $28,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pender Ems And Fire Inc Burgaw, NC | $19,524,688 | $14,920,877 |
Carroll County Volunteer Emergency Service Association Inc Westminster, MD | $1,470,779 | $13,949,806 |
International Associationn Of Fire Chiefs Inc Chantilly, VA | $10,766,474 | $12,593,917 |
Garner Volunteer Fire-Rescue Inc Garner, NC | $6,394,549 | $8,127,398 |
Skyland Fire And Rescue Corporation Skyland, NC | $15,076,970 | $10,092,495 |
National Fire Sprinkler Industry Promotion Fund Linthicum Heights, MD | $14,612,494 | $9,027,679 |
North Chatham Volunteer Fire Department Inc Pittsboro, NC | $11,817,166 | $6,905,959 |
National Fire Sprinkler Association Inc Linthicum Heights, MD | $8,710,871 | $6,765,849 |
National Fallen Firefighters Foundation Emmitsburg, MD | $13,063,869 | $5,837,501 |
Pinecroft Sedgefield Fire District Inc Greensboro, NC | $6,483,293 | $4,321,110 |
Huntersville Fire Department Inc Huntersville, NC | $8,312,506 | $5,482,903 |
Mills River Volunteer Fire Department Inc Mills River, NC | $14,441,453 | $2,283,937 |