Independent Fire Company
- Assets
- $942.2k
- Revenue
- $99.9k
- Investments
- $55.7k
- Employees
- 0
- Location
- Valhalla, NY
- Founding
- Data as of
- 12/2022
- EIN
- 90-0809821
Organization Overview
Independent Fire Company is located in Valhalla, NY. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Fire Company 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 12/2022, Independent Fire Company generated $99.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $47.4k during the year ending 12/2022. While expenses have increased by 36.7% per year over the past 3 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
THE VOLUNTEERS OF THE INDEPENDENT FIRE COMPANY OF KENSICO STATION, NEW YORK PROVIDES EMERGENCY RESCUE AND DISASTER MANAGEMENT ASSISTANCE TO RESIDENTS OF VALHALLA, NEW YORK. THE COMPANY ALSO CONDUCTS IMPORTANT FIRE PREVENTION EDUCATION PROGRAMS AT SCHOOLS AND SENIOR CENTERS, AND PERFORMS NUMEROUS COMMUNITY SERVICES TO THE RESIDENTS OF THE TOWN OF MOUNT PLEASANT, NEW YORK.UNDER AN AGREEMENT WITH THE VALHALLA FIRE DISTRICT, THE COMPANY HOUSES AND MAINTAINS FIRE AND RESCUE EQUIPMENT IN ITS FIRE HOUSE IN VALHALLA, NY. THE COMPANY PROVIDES ONGOING CERTIFIED FIRE AND EMERGENCY MEDICAL TECHNICIAN TRAINING AS REQUIRED BY NEW YORK STATE REGULATIONS. MEMBERS OF THE COMPANY REVIEW COMPLIANCE WITH NY STATE, WESTCHESTER COUNTY AND TOWN OF MOUNT PLEASANT FIRE CODE REGULATIONS IN TERMS OF SCHOOLS, CORPORATE AND RESIDENTIAL PROPERTIES.MONTHLY MEETINGS OF THE BOARD OF THE FIRE COMPANY ARE HELD AT ITS FIRE HOUSE. ALL VOLUNTEERS ARE INVITED TO ATTEND WITH BOARD MINUETS MAINTAINED BY THE COMPANY'S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY CONDUCTS IMPORTANT FIRE PREVENTION EDUCATION PROGRAMS AT SCHOOLS AND SENIOR CENTERS, AND PERFORMS NUMEROUS COMMUNITY SERVICES TO THE RESIDENTS OF THE TOWN OF MOUNT PLEASANT, NEW YORK. THE COMPANY PROVIDES ONGOING CERTIFIED FIRE AND EMERGENCY MEDICAL TECHNICIAN TRAINING AS REQUIRED BY NEW YORK STATE REGULATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kohany President | OfficerTrustee | 1 | $0 |
Daniel Lester Vice President | OfficerTrustee | 1 | $0 |
David Diprinzio Secretary | OfficerTrustee | 1 | $0 |
James Wright Treasurer | OfficerTrustee | 1 | $0 |
James Stone Financial Secretary | OfficerTrustee | 1 | $0 |
Matt Diprinzio Captain | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $660 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,160 |
| Total Program Service Revenue | $48,281 |
| Investment income | $26,407 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,074 |
| 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 | $99,922 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,560 |
| Grants and other assistance to domestic individuals. | $1,500 |
| 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 | $4,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,725 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,304 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $47,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,907 |
| Savings and temporary cash investments | $68,551 |
| 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 | $0 |
| Investments—publicly traded securities | $797,988 |
| Investments—other securities | $55,731 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $942,177 |
| 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 | $942,177 |
| 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 | $942,177 |