New York Mills Volunteer Fire Dept Inc

EIN: 166039265 501(c)(3) Health Care

New York Mills, NY

Total Revenue
$157,237
Total Expenses
$150,288
Total Assets
$3,027,929
Net Assets
$3,027,929
🔒

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
1931
Legal Domicile
NY
Principal Officer
Bill Simpson
Phone
3157361453
Tax Period
2023-01-01 to 2023-12-31

New York Mills Volunteer Fire Dept Inc, founded in 1931, is a small nonprofit in the Health Care sector that reported $157K in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $150K left a modest 4% surplus.

Mission

The New York Mills Volunteer Fire Department, Inc. operates as a not-for-profit corporation. The Organization is a 100% volunteer department that protects 11,500 citizens in a 47 square mile area of New York Mills and parts of of Town of New Hartford and Town of Whitestown. It provides fire protection, emergency medical treatment services and advanced life support to residents. It was formed in 1931. In 2023, there were 1136 calls resonded to.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $45,633
Program Service Revenue $0
Investment Income $82,214
Other Revenue $29,390
TOTAL REVENUE $157,237

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $125,275
Other Expenses $150,288
TOTAL EXPENSES $150,288

Year-over-Year Comparison

2023 2022 Change
Revenue $157,237 $181,863 -0.1%
Expenses $150,288 $170,864 -0.1%
Net Income $6,949 $10,999 -0.4%
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
12
Independent Members
12
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
6
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Thomas Krol Treasurer 10.00
Officer Director
$0 $0 $0
Rick Fabio Vice President 10.00
Officer Director
$0 $0 $0
Dick Schmidt Trustee 6.00
Director
$0 $0 $0
Bill Simpson President 10.00
Officer Director
$0 $0 $0
Roberta King Corr Secretary 6.00
Officer Director
$0 $0 $0
Ken Kula AssistTreasurer 6.00
Officer Director
$0 $0 $0
Jim Bednarczyk Chairman Board 4.00
Director
$0 $0 $0
Mike Wolak Trustee 4.00
Director
$0 $0 $0
John Meager Trustee 4.00
Director
$0 $0 $0
Corinna Simpson Recording Sec 6.00
Officer Director
$0 $0 $0
Joe Riopel Trustee 4.00
Director
$0 $0 $0
Rick Ulinski Chief 10.00
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 No data No data No data No data
2023 $157,237 $150,288 $3,027,929 $6,949
2022 $181,863 $170,864 $2,823,121 $10,999
2021 $360,783 $90,469 $3,231,042 $270,314
2020 $297,163 $82,245 $2,818,956 $214,918
2019 $201,876 $100,682 $2,515,138 $101,194
2018 $304,879 $104,796 $2,227,336 $200,083
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare New York Mills Volunteer Fire Dept Inc with other nonprofits in New York and across the country.