Milford Professional Firefighters Association - Local 944

EIN: 066070326

Milford, CT

Total Revenue
$205,980
Total Expenses
$131,338
Total Assets
$537,471
Net Assets
$525,871
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
CT
Principal Officer
Jeff Marutis
Phone
2038746998
Tax Period
2023-01-01 to 2023-12-31

Milford Professional Firefighters Association - Local 944, founded in 1947, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 36% operating margin.

Mission

The objective of the Organization is to further the interests of the members of the Milford, Connecticut Fire Department in any and all ways consistent with good order and discipline in the Department. In addition it is to aid and encourage the humanitarian traditions of the Fire Department and to cultivate friendship and fellowship amongst its members.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $132,952
Program Service Revenue $0
Investment Income $6,095
Other Revenue $66,933
TOTAL REVENUE $205,980

Expense Breakdown

Grants Paid $11,070
Salaries & Benefits $20,190
Fundraising Expenses $3,304
Program Expenses $123,079
Other Expenses $100,078
TOTAL EXPENSES $131,338

Year-over-Year Comparison

2023 2022 Change
Revenue $205,980 $124,156 +0.7%
Expenses $131,338 $139,520 -0.1%
Net Income $74,642 $-15,364 -5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
106
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$20,190
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bobby Buch Executive Board 0.00
Director
$0 $0 $0
Brian Connelly Executive Board 0.00
Director
$0 $0 $0
Marc LaBrecque Day Executive Board 0.00
Director
$0 $0 $0
Mike O'Neil Pension Board 0.00
Director
$0 $0 $0
Kevin Frank Alternate Pension Board 0.00
Director
$0 $0 $0
Ryan LaGuardia President 2.00
Officer
$6,420 $0 $6,420
Wesley Eisenhandler Vice President 2.00
Officer
$4,590 $0 $4,590
Arthur Murphy Secretary 2.00
Officer
$4,590 $0 $4,590
Jeff Marutis Treasurer 2.00
Officer
$4,590 $0 $4,590
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $205,980 $131,338 $537,471 $74,642
2022 $124,156 $139,520 $452,801 $-15,364
2021 $125,890 $118,636 $488,157 $7,254
2020 $154,872 $108,720 $475,559 $46,152
2019 $132,987 $164,156 $427,025 $-31,169
2018 $132,394 $122,725 $445,310 $9,669
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