BELMONT HILLS FIRE COMPANY

EIN: 231210891 501(c)(3) Public Safety

BALA CYNWYD, PA

Total Revenue
$498,280
Total Expenses
$640,982
Total Assets
$1,513,931
Net Assets
$1,513,931
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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
PA
Principal Officer
ROCCO BURDO SR
Phone
6106672988
Tax Period
2024-01-01 to 2024-12-31

BELMONT HILLS FIRE COMPANY, founded in 1919, is a small nonprofit in the Public Safety sector that reported $498K in total revenue in fiscal year 2024. Expenses of $641K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE BELMONT HILLS FIRE COMPANY (BHFC) PROVIDES SAFETY EDUCATION, FIRST CLASS FIRE PROTECTION AND HEAVY RESCUE SERVICES TO THE BELMONT HILLS AND PENN VALLEY COMMUNITIES, AS WELL AS SERVING AS THE PRIMARY RESCUE UNIT FOR ALL OF LOWER MERION TOWNSHIP AND THE EIGHT MILE SECTION OF INTERSTATE 76 RUNNING THROUGH LOWER MERION TOWNSHIP. FROM ITS INCEPTION IN 1919 AS THE WEST MANAYUNK FIRE COMPANY (THE NAME WAS CHANGED IN 1960 TO REFLECT A CHANGE IN THE NAME OF THE SURROUNDING COMMUNITY) THROUGH THE PRESENT DAY, BHFC HAS GROWN IN NUMBERS AND MODERNIZED ITS EQUIPMENT AND PROCEDURES TO MAKE SURE THAT IT CAN SEVE ITS COMMUNITY WITH THE BEST IN FIRE-FIGHTING AND RESCUE SERVICES. BHFC IS THE ONLY OFFICIAL RESCUE COMPANY LOCATED IN THE TOWNSHIP. WHILE IT IS AN INDEPENDENT ORGANIZATION, BHFC IS ALSO A MEMBER COMPANY OF LOWER MERION TOWNSHIP'S FIRE DEPARTMENT AND WAS FIRST RECOGNIZED AS A PART OF THAT DEPARTMENT IN 1920. AS SET FORTH IN MORE DETAIL IN PART IX, BHFC RECEIVES A LARGE PORTION OF ITS FINAN

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $465,487
Program Service Revenue $0
Investment Income $32,793
Other Revenue $0
TOTAL REVENUE $498,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $299,429
Fundraising Expenses $4,315
Program Expenses $629,056
Other Expenses $341,553
TOTAL EXPENSES $640,982

Year-over-Year Comparison

2024 2023 Change
Revenue $498,280 $483,309 +0.0%
Expenses $640,982 $457,423 +0.4%
Net Income $-142,702 $25,886 -6.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
36
Employees
14
Volunteers
30

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
4
$8,500
Total Directors
13
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BURDO FINANCIAL SE 20.00
Officer Director
$4,500 $0 $4,500
PATRICK FUSARO SR TREASURER/DI 15.00
Officer Director
$4,000 $0 $4,000
STEVEN ZAMORSKI DIRECTOR 7.00
Director
$3,000 $0 $3,000
FRANCIS BURDO DIRECTOR 7.00
Director
$1,000 $0 $1,000
DAVID LITTLEWOOD DIRECTOR 3.00
Director
$1,000 $0 $1,000
JON FRANCO COLELLA DIRECTOR 7.00
Director
$500 $0 $500
FRANK BURDO JR DIRECTOR 7.00
Director
$500 $0 $500
JAMES MULLEN DIRECTOR 3.00
Director
$500 $0 $500
ERNEST BAFFA DIRECTOR 7.00
Director
$0 $0 $0
PETER BURDO DIRECTOR 2.00
Director
$0 $0 $0
ROCCO BURDO JR DIRECTOR 7.00
Director
$0 $0 $0
FRANK LUTZ VICE PRES/DI 15.00
Officer Director
$0 $0 $0
ROCCO BURDO SR PRESIDENT/DI 20.00
Officer 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 $498,280 $640,982 $1,513,931 $-142,702
2023 $483,309 $457,423 $1,633,358 $25,886
2022 $437,800 $390,284 $1,574,115 $47,516
2021 $411,461 $367,237 $1,582,382 $44,224
2020 $498,743 $362,339 $1,505,369 $136,404
2019 $417,553 $377,035 $1,359,685 $40,518
2018 $390,941 $365,876 $1,304,356 $25,065
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