CATO IRA MERIDIAN VICTORY AMBULANCE CORPS INC

EIN: 161496729 501(c)(3) Health Care

CATO, NY

Total Revenue
$318,622
Total Expenses
$365,532
Total Assets
$546,858
Net Assets
$546,474
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NY
Principal Officer
L LEE EPPRECHT
Phone
3156263334
Tax Period
2023-01-01 to 2023-12-31

CATO IRA MERIDIAN VICTORY AMBULANCE CORPS INC, founded in 1983, is a small nonprofit in the Health Care sector that reported $319K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $366K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO RUN, OPERATE, OWN, MAINTAIN AN AMBULANCE OR OTHER VEHICLE CAPABLE OF TRANSPORTING TO A HOSPITAL, OR OTHER MEDICAL FACILITY, THE SICK, DISABLED OR INJURED PERSON AND TO RENDER TO THEM SUCH FIRST AID OR LIFE-SUPPORT SYSTEMS THAT MAY BE NECESSARY IN ORDER TO PRESERVE THE PERSON'S LIFE UNTIL HE REACHES THE MEDICAL FACILITY OR OTHER DESTINATION.

Program Service Accomplishments

Program 1
Expenses: $329,405 Revenue: $278,526

THE VOLUNTEERS AND PAID STAFF OF CIMVAC HAVE BOTH BASIC AND ADVANCED EMERGENCY MEDICAL SKILLS. CIMVAC PROVIDES AMBULANCE TRANSPORT AND PATIENT CARE FOR THE ILL AND INJURED IN THE TOWNS OF CATO, IRA...

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THE VOLUNTEERS AND PAID STAFF OF CIMVAC HAVE BOTH BASIC AND ADVANCED EMERGENCY MEDICAL SKILLS. CIMVAC PROVIDES AMBULANCE TRANSPORT AND PATIENT CARE FOR THE ILL AND INJURED IN THE TOWNS OF CATO, IRA, VICTORY, AND THE SURROUNDING AREAS.

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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 $25,489
Program Service Revenue $276,820
Investment Income $14,607
Other Revenue $1,706
TOTAL REVENUE $318,622

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $182,367
Fundraising Expenses $5,584
Program Expenses $329,405
Other Expenses $182,165
TOTAL EXPENSES $365,532

Year-over-Year Comparison

2023 2022 Change
Revenue $318,622 $275,922 +0.2%
Expenses $365,532 $335,176 +0.1%
Net Income $-46,910 $-59,254 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
7
Employees
5
Volunteers
22

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
8
$159,328
Total Directors
12
$159,328
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
L LEE EPPRECHT PRESIDENT 8.00
Officer Director
$5,100 $0 $5,100
DEANNA GATES SECRETARY & CHIEF OF OPERA 50.00
Officer Director
$60,125 $3,303 $63,428
KATHY BRATT TREASURER 3.00
Officer Director
$0 $0 $0
JENNIFER BROWN 3RD ASSISTANT CHIEF 2.00
Officer Director
$2,600 $0 $2,600
KEVIN GATES 1ST ASSISTANT CHIEF 15.00
Officer Director
$29,967 $0 $29,967
JUDY RODRIQUEZ TRUSTEE 1.00
Director
$0 $0 $0
GREG ATHERTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ED BROWN TRUSTEE 1.00
Director
$0 $0 $0
SUSAN SETTLE TREASURER 3.00
Officer Director
$0 $0 $0
ROSE MARTIN TRUSTEE 1.00
Director
$0 $0 $0
DON BRATT TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW MILLER 2ND ASSISTANT CHIEF 40.00
Officer Director
$55,651 $2,582 $58,233
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 $318,622 $365,532 $546,858 $-46,910
2022 $275,922 $335,176 $596,841 $-59,254
2021 $281,012 $239,196 $654,229 $41,816
2020 $242,685 $273,094 $625,722 $-30,409
2019 $261,027 $250,489 $643,624 $10,538
2018 $271,670 $213,859 $630,693 $57,811
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