ALBERTSON, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
THE PRIMARY GOAL OF THE CORPORATION IS TO PROVIDE FIRE PROTECTION AND EMERGENCY SERVICES TO THE RESIDENTS OF THE ALBERTSON, NEW YORK COMMUNITY. THE COPRORATION HAS BEEN PROVIDING THESE SERVICES TO THE COMMUNITY SINCE ITS INCEPTION. THESE SERVICES ARE PROVIDED BY THE VOLUNTEER MEMBERS OF THE FIRE COMPANY.SECONDLY, THE CORPORATION EDUCATES THE GENERAL PUBLIC ON THE IMPORTANCE OF FIRE SAFETY BY HOLDING FIRE PREVENTION SEMINARS IN LOCAL SCHOOLS, AND BY DISTRIBUTING LITERATURE ON FIRE PREVENTION AT VARIOUS COMMUNITY EVENTS. SINCE ITS INCEPTION, THIS HAS BEEN AND WILL CONTINUE TO BE AN IMPORTANT PART OF THE CORPORATION'S GOALS AND OBJECTIVE. THESE EDUCATIONAL SERVICES ARE ALSO PROVIDED BY THE VOLUNTEER MEMBERS OF THE FIRE COMPANY.THE FIRE COMPANY ALSO IS RESPONSIBLE FOR TRAINING ALL NEW AND EXISTING MEMBERS AND PROVIDES SUPPORTING AND RECREATIONAL ACTIVITIES FOR MEMBERS.
THE FIRE COMPANY EDUCATES THE GENERAL PUBLIC ON THE IMPORTANCE OF FIRE SAFETY BY HOLDING FIRE PREVENTION SEMINARS IN LOCAL SCHOOLS, AND BY DISTRIBUTING LITERATURE ON FIRE PREVENTION AT VARIOUS...
THE FIRE COMPANY EDUCATES THE GENERAL PUBLIC ON THE IMPORTANCE OF FIRE SAFETY BY HOLDING FIRE PREVENTION SEMINARS IN LOCAL SCHOOLS, AND BY DISTRIBUTING LITERATURE ON FIRE PREVENTION AT VARIOUS COMMUNITY EVENTS. SINCE ITS INCEPTION, THIS HAS BEEN AND WILL CONTINUE TO BE AN IMPORTANT PART OF THE FIRE COMPANY'S GOALS AND OBJECTIVE. THESE EDUCATIONAL SERVICES ARE ALSO PROVIDED BY THE VOLUNTEER MEMBERS OF THE FIRE COMPANY.THE FIRE COMPANY ALSO IS RESPONSIBLE FOR TRAINING ALL NEW AND EXISTING MEMBERS. THIS IS ACCOMPLISHED BY HAVING REGULAR DRILLS AND TRAINING EXERCISES; AND ALSO BY ENSURING THAT ALL MEMBERS OBTAIN AND MAINTAIN THEIR REQUIRED CERTIFICATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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 |
Compare ALBERTSON HOOK & LADDER ENGINE & HOSE COMPANY NO 1 INC with other nonprofits in New York and across the country.