New Hackensack Fire Company Inc

EIN: 141499582 501(c)(3) Public Safety

WAPPINGERS FL, NY

Total Revenue
$-30,187
Total Expenses
$52,170
Total Assets
$404,304
Net Assets
$404,304
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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
1949
Legal Domicile
NY
Phone
8452973897
Tax Period
2024-01-01 to 2024-12-31

New Hackensack Fire Company Inc, founded in 1949, is a micro nonprofit in the Public Safety sector that reported $30K in total revenue in fiscal year 2024.

Mission

To provide fire protection services

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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 (2024)

Revenue Breakdown

Contributions & Grants $25,595
Program Service Revenue $47,485
Investment Income $8,591
Other Revenue $-111,858
TOTAL REVENUE $-30,187

Expense Breakdown

Grants Paid $2,025
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $52,170
Other Expenses $11,036
TOTAL EXPENSES $52,170

Year-over-Year Comparison

2024 2023 Change
Revenue $-30,187 N/A N/A
Expenses $52,170 N/A N/A
Net Income $-82,357 $0 N/A
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
75
Independent Members
7
Employees
N/A
Volunteers
75

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Velders President 6.00
Officer
$0 $0 $0
Coleman Adamec Vice President 5.00
Officer
$0 $0 $0
Stephen Porter Treasurer 6.00
Officer
$0 $0 $0
Charles Palmieri Corresponding Secretary 6.00
Officer
$0 $0 $0
Eric Hutchinson Recording Secretary 6.00
Officer
$0 $0 $0
Francis Daniels Trustee 3.00
Director
$0 $0 $0
Glen Morrice Trustee 3.00
Director
$0 $0 $0
Michael Cherubini Trustee 3.00
Director
$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 $-30,187 $52,170 $404,304 $-82,357
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