Rescue Extrication & Delivery Specialists Inc
- Assets
- $2.4m
- Revenue
- $775.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Garner, NC
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 56-1674133
Organization Overview
Rescue Extrication & Delivery Specialists Inc, operating under the name The REDS Team, is located in Garner, NC. The organization was established in 1990. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 12/2022, REDS Team employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. REDS Team 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, REDS Team generated $775.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $462.6k during the year ending 12/2022. 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
TECHNICAL RESCUE 911 RESPONSE AND TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TEAM PROVIDES TECHNICAL RESCUE OPERATIONS AND TRAINING FOR NC AND PUBLIC SAFETY ORGANIZATIONS IN NC AND OUT OF NC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred Ward Secretary Treasurer | Officer | 12 | $0 |
Victor Gonzalez Board Member | Trustee | 8 | $0 |
Emily Harrison Board Member | Trustee | 8 | $0 |
Chet Bodley Board Member | Trustee | 8 | $0 |
Ralph Steele Board Member | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,398 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,073 |
| Total Program Service Revenue | $704,512 |
| Investment income | $4,314 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $775,899 |
| 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 | $440 |
| 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 | $145,066 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,549 |
| 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 | $66,871 |
| Advertising and promotion | $0 |
| Office expenses | $6,478 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,329 |
| Travel | $31,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,373 |
| All other expenses | $110,552 |
| Total functional expenses | $462,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $396,160 |
| Savings and temporary cash investments | $1,504,527 |
| 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 | $482,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,382,875 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,900,687 |
| Paid-in or capital surplus, or land, building, or equipment fund | $482,188 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,382,875 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rescue Extrication & Delivery Specialists Inc has recieved totaling $6,873.
| Awarding Organization | Amount |
|---|---|
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $6,868 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Medical Center Air Ambulance Service Inc Memphis, TN | $52,176,003 | $31,799,991 |
Houston Healthcare Ems Inc Warner Robins, GA | $925,901 | $5,453,899 |
Morristown Hamblen Emergency Medical Service Company Morristown, TN | $2,987,795 | $7,412,179 |
Hamilton Emergency Medical Services Inc Dalton, GA | $2,071,608 | $4,035,227 |
Piedmont Triad Ambulance & Rescue Inc High Point, NC | $5,387,528 | $5,724,646 |
Edgecombe County Rescue Squad Tarboro, NC | $1,220,616 | $4,673,723 |
Danville Life Saving And First Aid Crew Inc Danville, VA | $9,749,039 | $4,379,356 |
Grundy Emergency Medical Services Inc Coalmont, TN | $1,130,410 | $3,756,125 |
Carter County Emergency & Rescue Squad Inc Elizabethton, TN | $3,478,374 | $3,478,036 |
Mercy Medical Angels Virginia Beach, VA | $2,761,673 | $4,951,063 |
Cary Area Ems Cary, NC | $2,538,441 | $3,123,472 |
Hawkins County Emergency Medical Services Inc Rogersville, TN | $2,284,321 | $3,846,601 |