HARRISON VOLUNTEER AMBULANCE CORPS INC

EIN: 133118417 501(c)(3)

HARRISON, NY

Total Revenue
$3,078,608
Total Expenses
$2,776,939
Total Assets
$3,709,485
Net Assets
$3,499,789
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
ROBERT CALANDRUCCIO
Phone
9149210100
Tax Period
2023-01-01 to 2023-12-31

HARRISON VOLUNTEER AMBULANCE CORPS INC, founded in 1982, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $2.8M left a modest 10% surplus.

Mission

PROVIDING EMERGENCY MEDICAL SERVICES WITHIN THE TOWN-VILLAGE OF HARRISON, NY INCLUDING TRANSPORT OF SICK, DISABLED, AND INJURED PERSONS TO HOSPITALS PLUS PROVIDING LIFT ASSISTS AND BASIC CARE.

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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 $461,915
Program Service Revenue $2,582,976
Investment Income $31,908
Other Revenue $1,809
TOTAL REVENUE $3,078,608

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,823,028
Fundraising Expenses $0
Program Expenses $2,111,161
Other Expenses $953,911
TOTAL EXPENSES $2,776,939

Year-over-Year Comparison

2023 2022 Change
Revenue $3,078,608 $3,306,347 -0.1%
Expenses $2,776,939 $2,578,899 +0.1%
Net Income $301,669 $727,448 -0.6%
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

Financial Distress Indicator

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
8
Independent Members
8
Employees
38
Volunteers
8

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
5
$244,217
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MICHAEL VITTI CHAIRMAN 2.00
Officer Director
$0 $0 $0
SHARIF NESHEIWAT VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOSEPH STOUT TREASURER 2.00
Officer Director
$0 $0 $0
DR LAUREN CHERNICK DIRECTOR 2.00
Director
$0 $0 $0
DR MYUNG-HO LEE DIRECTOR 2.00
Director
$0 $0 $0
TOM ROSATO DIRECTOR 2.00
Director
$0 $0 $0
ADAM ROSEN DIRECTOR 2.00
Director
$0 $0 $0
VINCENT STRAFACE DIRECTOR 2.00
Director
$0 $0 $0
ROBERT CALANDRUCCIO EXECUTIVE DIRECTOR 40.00
Officer
$130,000 $0 $130,000
LUCINDA MERCADO DIRECTOR OF OPERATIONS 40.00
Officer
$97,296 $16,921 $114,217
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 $3,078,608 $2,776,939 $3,709,485 $301,669
2022 $3,306,347 $2,578,899 $3,333,313 $727,448
2021 $2,881,834 $2,234,432 $2,649,463 $647,402
2020 $2,349,724 $1,974,528 $2,072,768 $375,196
2019 $2,318,074 $1,832,473 $1,613,297 $485,601
2018 $2,088,323 $1,673,200 $1,059,386 $415,123
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