SW PITTS HOSE COMPANY OF LATHAM NEW YORK INC

EIN: 237154649 501(c)(3)

LATHAM, NY

Total Revenue
$1,887,936
Total Expenses
$1,701,366
Total Assets
$6,068,026
Net Assets
$5,942,527
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
NY
Principal Officer
DONALD GEARY
Phone
5187851283
Tax Period
2023-01-01 to 2023-12-31

SW PITTS HOSE COMPANY OF LATHAM NEW YORK INC, founded in 1910, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 10% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO MAINTAIN A FIRE FIGHTING ORGANIZATION CONSISTENT WITH APPROVED PRINCIPALS OF FIREMATICS FOR THE PROTECTION OF LIFE AND PROPERTY WITHIN THE GEOGRAPHICAL BOUNDARIES OF THE LATHAM FIRE PROTECTION DISTRICT, TO MAINTAIN ADEQUATE FIRE FIGHTING EQUIPMENT, AND TO MAINTAIN A SUITABLE BUILDING TO HOUSE THIS EQUIPMENT AND TO PROVIDE A SUITABLE MEETING PLACE FOR ITS MEMBERS.

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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 $11,526
Program Service Revenue $1,672,299
Investment Income $194,298
Other Revenue $9,813
TOTAL REVENUE $1,887,936

Expense Breakdown

Grants Paid $0
Salaries & Benefits $350,627
Fundraising Expenses $0
Program Expenses $1,456,290
Other Expenses $1,350,739
TOTAL EXPENSES $1,701,366

Year-over-Year Comparison

2023 2022 Change
Revenue $1,887,936 $1,631,320 +0.2%
Expenses $1,701,366 $1,444,330 +0.2%
Net Income $186,570 $186,990 0.0%
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
10
Employees
20
Volunteers
87

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
$600
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH PLEW TRUSTEE 5.00
Director
$0 $0 $0
ARTHUR WAGONER TRUSTEE 5.00
Director
$0 $0 $0
NABEEL SAEED TRUSTEE 5.00
Director
$0 $0 $0
JOHN SLINGERLAND DIRECTOR 5.00
Director
$0 $0 $0
RICHARD BARLETTE DIRECTOR 5.00
Director
$0 $0 $0
JOHN D'ALLAIRD DIRECTOR 5.00
Director
$0 $0 $0
KEVIN FRONK DIRECTOR 5.00
Director
$0 $0 $0
PETER MILLER DIRECTOR 5.00
Director
$0 $0 $0
CHARLES NIGHTINGALE DIRECTOR 5.00
Director
$0 $0 $0
ROBERT RELYEA SR DIRECTOR 5.00
Director
$0 $0 $0
RONALD BABBITT PRESIDENT 30.00
Officer
$0 $0 $0
DONALD GEARY VICE PRESIDENT 5.00
Officer
$0 $0 $0
EDWARD KRAWIECKI RECORDING SECRETARY 5.00
Officer
$0 $0 $0
JOHN RICCITELLI TREASURER 30.00
Officer
$600 $0 $600
MATTHEW PETERSON FINANCIAL SECRETARY 5.00
Officer
$0 $0 $0
WILLIAM DT CHILDS CHIEF 5.00
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 No data No data No data No data
2023 $1,887,936 $1,701,366 $6,068,026 $186,570
2022 $1,631,320 $1,444,330 $5,829,297 $186,990
2021 $1,559,139 $1,359,010 $5,744,519 $200,129
2020 $1,549,129 $1,319,910 $5,416,897 $229,219
2019 $1,545,297 $1,252,068 $5,172,570 $293,229
2018 $1,431,044 $1,387,392 $6,199,925 $43,652
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