South Iredell Fire-Rescue Inc is located in Mooresville, NC. The organization was established in 1989. 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. As of 06/2023, South Iredell Fire-Rescue Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Iredell Fire-Rescue Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, South Iredell Fire-Rescue Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $749.5k during the year ending 06/2023. While expenses have increased by 5.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FIRE PROTECTION SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRE PROTECTION WAS PROVIDED FOR RESIDENTS AND BUSINESSES LOCATED IN THE SOUTH IREDELL FIRE DISTRICT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Thompson President | OfficerTrustee | 20 | $0 |
Brian Weatherman Vice President | OfficerTrustee | 20 | $0 |
Jerry Starr Chief | Trustee | 20 | $500 |
Emily King Secretary | OfficerTrustee | 20 | $0 |
Lavette Teeter Community Member | Trustee | 20 | $0 |
Scott Collins Community Member | Trustee | 20 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $239,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $728,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $968,212 |
| Total Program Service Revenue | $0 |
| Investment income | $259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,375 |
| Net Gain/Loss on Asset Sales | $60,298 |
| Net Income from Fundraising Events | $7,998 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,065,570 |
| 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 | $167,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,210 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,727 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,762 |
| Advertising and promotion | $1,394 |
| Office expenses | $1,282 |
| Information technology | $3,122 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $87,142 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,640 |
| Insurance | $0 |
| All other expenses | $53,053 |
| Total functional expenses | $749,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,667 |
| Savings and temporary cash investments | $32,931 |
| 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 | $3,413,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,768,881 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,106,531 |
| Other liabilities | $182,055 |
| Total liabilities | $1,288,586 |
| 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 | $2,480,295 |
| Total liabilities and net assets/fund balances | $3,768,881 |