AE Crandall Hook and Ladder Co Inc

EIN: 270006697 501(c)(3) Public Safety

Alfred, NY

Total Revenue
$198,847
Total Expenses
$223,369
Total Assets
$1,164,829
Net Assets
$1,164,829
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1905
Legal Domicile
NY
Principal Officer
Nancy Furlon
Phone
6075878880
Tax Period
2023-04-01 to 2024-03-31

AE Crandall Hook and Ladder Co Inc, founded in 1905, is a small nonprofit in the Public Safety sector that reported $199K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $223K exceeded revenue, resulting in a 12% operating deficit.

Mission

Our mission is the provision of fire suppression and rescue services in the Village of Alfred, New York, and the provision of life support ambulance services to the entire Town of Alfred, New York and parts of the Town of Ward and Hartsville. In addition, to other surrounding communities on a mutual aid basis.

Program Service Accomplishments

Program 1
Expenses: $218,479

Provide fire and ambulance services to Village of Alfred and greater Alfred and Hartsville area.

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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 $178,176
Program Service Revenue $19,950
Investment Income $121
Other Revenue $600
TOTAL REVENUE $198,847

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,479
Other Expenses $220,169
TOTAL EXPENSES $223,369

Year-over-Year Comparison

2023 2022 Change
Revenue $198,847 $235,165 -0.2%
Expenses $223,369 $223,625 0.0%
Net Income $-24,522 $11,540 -3.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Zachery Hamm Truck Captain 015.00
Director
$0 $0 $0
John Hosford 1st Asst Chief 015.00
Director
$0 $0 $0
Jane Cochran Ambulance Captain 015.00
Director
$0 $0 $0
Walter Mason Asst Chief 015.00
Director
$0 $0 $0
Kevin Gagne Trustee 005.00
Director
$0 $0 $0
Timothy Cochran Trustee 005.00
Director
$0 $0 $0
Frederic Beaudry Truck Captain 015.00
Director
$0 $0 $0
Angus Powers Truck Captain 015.00
Director
$0 $0 $0
Richard Hoffman Trustee 005.00
Director
$0 $0 $0
Rebecca Weaver Hamm President 015.00
Officer
$0 $0 $0
Becky Prophet Sec 015.00
Officer
$0 $0 $0
Paul Weaver Chief 015.00
Officer
$0 $0 $0
Nancy Furlong Treas 015.00
Officer
$0 $0 $0
Timothy Nichols VP 015.00
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 $193,746 $320,042 $1,038,533 $-126,296
2024 $198,847 $223,369 $1,164,829 $-24,522
2023 $235,165 $223,625 $1,205,290 $11,540
2022 $259,019 $206,723 $1,229,529 $52,296
2021 $234,638 $228,588 $1,125,515 $6,050
2020 $187,003 $183,563 $1,119,175 $3,440
2019 $249,312 $182,568 $1,128,901 $66,744
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