ALBERTSON HOOK & LADDER ENGINE & HOSE COMPANY NO 1 INC

EIN: 111951304 501(c)(3) Public Safety

ALBERTSON, NY

Total Revenue
$1,929,751
Total Expenses
$1,293,099
Total Assets
$6,946,622
Net Assets
$5,746,236
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
NY
Principal Officer
DANIEL GIORDANO
Phone
5162487182
Tax Period
2024-01-01 to 2024-12-31

ALBERTSON HOOK & LADDER ENGINE & HOSE COMPANY NO 1 INC, founded in 1912, is a community nonprofit in the Public Safety sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $637K, a strong 33% operating margin.

Mission

TO PROTECT THE LIVES AND PROPERTY OF THE RESIDENTS WITHIN OUR FIRE PROTECTION DISTRICT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,545,141
Program Service Revenue $0
Investment Income $381,529
Other Revenue $3,081
TOTAL REVENUE $1,929,751

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,735
Fundraising Expenses $3,871
Program Expenses $1,176,362
Other Expenses $1,214,364
TOTAL EXPENSES $1,293,099

Year-over-Year Comparison

2024 2023 Change
Revenue $1,929,751 $1,492,386 +0.3%
Expenses $1,293,099 $1,285,306 +0.0%
Net Income $636,652 $207,080 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
1
Volunteers
61

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
16
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL GIORDANO PRESIDENT 15.00
Officer Director
$0 $0 $0
DONALD T MCMAHON VICE PRESIDENT 15.00
Officer Director
$0 $0 $0
DANIEL CHIN SECRETARY 10.00
Officer Director
$0 $0 $0
STEPHAN H BERGER TRUSTEE 15.00
Director
$0 $0 $0
DAVID BRADLEY TRUSTEE 15.00
Director
$0 $0 $0
WILLIAM CLARK JR TRUSTEE 15.00
Director
$0 $0 $0
ROBERT SIEMANN TRUSTEE 15.00
Director
$0 $0 $0
THOMAS TILLEY TRUSTEE 15.00
Director
$0 $0 $0
NEIL VELASCO TRUSTEE, THRU JAN 2024 0.00
Director
$0 $0 $0
DONALD T MCMAHON III CHIEF OF DEPARTMENT 10.00
Officer
$0 $0 $0
BRYAN O'MALLEY ASSISTANT CHIEF 10.00
Officer
$0 $0 $0
JAY JANOWITZ ASSISTANT CHIEF 10.00
Officer
$0 $0 $0
THOMAS FALLS LIEUTENANT 10.00
Officer
$0 $0 $0
BRENDAN FALLS LIEUTENANT 10.00
Officer
$0 $0 $0
JEANNINE WEISS PRESIDENT 5.00
Officer
$0 $0 $0
PETER GLAVAS VICE PRESIDENT 5.00
Officer
$0 $0 $0
KEVIN RUMMEL SECRETARY 10.00
Officer
$0 $0 $0
PETER J BRALA TREASURER 5.00
Officer
$0 $0 $0
JOHN PAUL FEHN SERGEANT AT ARMS 5.00
Officer
$0 $0 $0
ROBERT STEINMANN CAPTAIN 5.00
Officer
$0 $0 $0
EVAN SLATTERY PRESIDENT (WELFARE FUND) 10.00
Officer
$0 $0 $0
WILLIAM CLARK III VICE PRESIDENT (WELFARE FUND) 10.00
Officer
$0 $0 $0
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 $1,929,751 $1,293,099 $6,946,622 $636,652
2023 $1,492,386 $1,285,306 $5,350,899 $207,080
2022 $1,388,325 $1,220,496 $4,928,264 $167,829
2021 $1,236,346 $1,024,750 $4,762,163 $211,596
2020 $1,241,564 $778,429 $4,565,619 $463,135
2019 $1,233,663 $835,584 $4,205,978 $398,079
2018 $1,084,359 $806,237 $3,787,235 $278,122
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ALBERTSON HOOK & LADDER ENGINE & HOSE COMPANY NO 1 INC with other nonprofits in New York and across the country.