Lakewood Volunteer Fire Department Inc
- Assets
- $433.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Albans, WV
- Founding
- Data as of
- 12/2022
- EIN
- 55-0582441
Organization Overview
Lakewood Volunteer Fire Department Inc is located in Saint Albans, WV. 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. Lakewood Volunteer Fire Department 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 12/2022, Lakewood Volunteer Fire Department Inc generated $87.8k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $51.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (23.0%) per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willaim Price Chair | 6 | $0 | |
Dennis Emmett Treasurer | 2 | $0 | |
Paul Odell Secretary | 1 | $0 | |
Michael Childers Fire Chief | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,857 |
| Total Program Service Revenue | $0 |
| Membership dues | $650 |
| Investment income | $296 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,803 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,856 |
| Printing, publications, postage, and shipping | $2,802 |
| Other expenses | $40,000 |
| Total expenses | $51,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $158,742 |
| Other assets | $0 |
| Total assets | $433,742 |
| Total liabilities | $0 |
| Net assets or fund balances | $433,742 |