VOLUNTEER HOSE COMPANY OF MIDDLETOWN

EIN: 510078397 501(c)(3) Public Safety

MIDDLETOWN, DE

Total Revenue
$3,651,278
Total Expenses
$2,681,135
Total Assets
$9,948,266
Net Assets
$8,693,367
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
DE
Principal Officer
KEVIN REINIKE
Phone
3023787799
Tax Period
2023-01-01 to 2023-12-31

VOLUNTEER HOSE COMPANY OF MIDDLETOWN, founded in 1909, is a community nonprofit in the Public Safety sector that reported $3.7M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $970K, a strong 27% operating margin.

Mission

THE VOLUNTEER HOSE COMPANY OF MIDDLETOWN WAS FORMED TO EXTINGUISH FIRES, TO PROTECT PROPERTY FROM DESTRUCTION BY FIRE, TO SAVE PROPERTY FROM DAMAGE BY FIRE, AND TO USE AND EMPLOY ALL MEANS NECESSARY THEREFOR, OR ADOPTED THERETO, AND TO EXERCISE SUCH RIGHTS AND POWERS AS ARE USUALLY EXERCISED BY FIRE COMPANIES.

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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 $2,534,869
Program Service Revenue $953,960
Investment Income $7,116
Other Revenue $155,333
TOTAL REVENUE $3,651,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,302,121
Fundraising Expenses $38,095
Program Expenses $2,414,694
Other Expenses $1,340,919
TOTAL EXPENSES $2,681,135

Year-over-Year Comparison

2023 2022 Change
Revenue $3,651,278 $3,113,437 +0.2%
Expenses $2,681,135 $2,588,377 +0.0%
Net Income $970,143 $525,060 +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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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
29
Volunteers
150

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
8
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN REINIKE PRESIDENT 25.00
Officer Director
$0 $0 $0
TIMOTHY MURRAY VICE PRESIDENT 12.00
Officer Director
$0 $0 $0
FRANKLIN J BAILEY CHIEF 25.00
Officer Director
$0 $0 $0
BRAD BOWMAN DEPUTY CHIEF 20.00
Officer Director
$0 $0 $0
SHAWN MULLEN DEPUTY CHIEF 20.00
Officer Director
$0 $0 $0
KYLE KOKOSZKA 1ST ASST CHIEF 10.00
Officer Director
$0 $0 $0
DAVID CHILLAS DIRECTOR 10.00
Director
$0 $0 $0
RANDY RAYE DIRECTOR 10.00
Director
$0 $0 $0
GARY BURGE DIRECTOR 10.00
Director
$0 $0 $0
DANIEL BURRIS DIRECTOR 10.00
Director
$0 $0 $0
MILTON HILLIARD DIRECTOR 10.00
Director
$0 $0 $0
ROBERT WEBER DIRECTOR 10.00
Director
$0 $0 $0
STEVE MARSHALL DIRECTOR 10.00
Director
$0 $0 $0
AMY MURRAY SECRETARY 10.00
Officer Director
$0 $0 $0
CHRISTINE BAILEY TREASURER 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 No data No data No data No data
2023 $3,651,278 $2,681,135 $9,948,266 $970,143
2022 $3,113,437 $2,588,377 $9,325,761 $525,060
2021 $2,854,338 $2,556,878 $9,076,738 $297,460
2020 $2,665,642 $2,479,934 $8,760,005 $185,708
2019 $2,801,115 $2,244,832 $8,854,877 $556,283
2018 $2,495,318 $2,077,081 $8,029,509 $418,237
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