GLEN ROCK VOLUNTEER AMBULANCE CORPS

EIN: 221824057 501(c)(3)

GLEN ROCK, NJ

Total Revenue
$219,119
Total Expenses
$146,242
Total Assets
$905,331
Net Assets
$896,909
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NJ
Principal Officer
LEONARDO VILA
Phone
2014449795
Tax Period
2024-01-01 to 2024-12-31

GLEN ROCK VOLUNTEER AMBULANCE CORPS, founded in 1951, is a small nonprofit that reported $219K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $73K, a strong 33% operating margin.

Mission

Since responding to its first call on September 2, 1951, the members of the Glen Rock Volunteer Ambulance Corps (GRVAC) have provided emergency first aid and ambulance transportation to Glen Rock residents 24 hours a day, 7 days a week, 365 days a year. Ranging in age from 16 to 70 years old, members of the all volunteer squad undergo 240 hours of training prior to becoming certified as State of New Jersey Emergency Medical Technicians. Members responded to approximately 650 emergencies in two state-of-the-art ambulances and a first responder vehicle. The GRVAC also provides mutual aid support to neighboring towns, "stand-by" support at structural fires to support the Glen Rock Volunteer Fire Department, as well as stand-by support at many community functions, such as football games, parades and town fairs.

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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 $195,486
Program Service Revenue $0
Investment Income $23,633
Other Revenue $0
TOTAL REVENUE $219,119

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,132
Program Expenses $98,589
Other Expenses $146,242
TOTAL EXPENSES $146,242

Year-over-Year Comparison

2024 2023 Change
Revenue $219,119 $192,791 +0.1%
Expenses $146,242 $151,965 0.0%
Net Income $72,877 $40,826 +0.8%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
7
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEONARDO VILA Treasurer 12.00
Officer
$0 $0 $0
GREGG VICINANZA President 12.00
Officer
$0 $0 $0
AMY BOARDMAN 1ST VICE PRES. 12.00
Officer
$0 $0 $0
JAY BERNSTEIN REC SECRETARY 12.00
Officer
$0 $0 $0
MARK RYAN 2ND VICE PRES 12.00
Officer
$0 $0 $0
JOHN BERNARD CORRES. SEC. 12.00
Officer
$0 $0 $0
BRIAN MARKEY CHIEF 12.00
Officer
$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 $219,119 $146,242 $905,331 $72,877
2023 $192,791 $151,965 $831,477 $40,826
2022 $160,337 $152,276 $797,121 $8,061
2021 $135,322 $126,339 $784,875 $8,983
2020 $157,801 $109,452 $777,157 $48,349
2019 $132,523 $125,127 $726,679 $7,396
2018 $140,560 $138,058 $718,307 $2,502
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