CHESAPEAKE VOLUNTEER FIRE DEPARTME… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1958

Legal Domicile

Principal Officer

Jeremy Hamilton

Phone

3042068618

Tax Period

2025-01-01 to 2025-12-31

CHESAPEAKE VOLUNTEER FIRE DEPARTMENT, founded in 1958, is a small nonprofit that reported $595K in total revenue in fiscal year 2025. Revenue surged 116% from the prior year, signaling strong growth momentum. Net assets of $10.2M represent 206 months of operating reserves.

Mission

Provide Fire and Rescue to Chesapeake, Winifrede and Surrounding Areas

Program Service Accomplishments

Program 1

Expenses: $621,719 Revenue: $594,742

Provide Fire and Rescue to Chesapeake, Winifrede and Surrounding Areas

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $517,255

Program Service Revenue $0

Investment Income $1,251

Other Revenue $76,236

TOTAL REVENUE $594,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $621,719

Other Expenses $621,719

TOTAL EXPENSES $621,719

Year-over-Year Comparison

	2025	2024	Change
Revenue	$594,742	$275,835	+1.2%
Expenses	$621,719	$379,711	+0.6%
Net Income	$-26,977	$-103,876	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Billy Howell	Assistant Chief	2.00	Director	$0	$0	$0
Joshua Williams	President of Board of Directors	1.00	Officer Director	$0	$0	$0
Robert D Harmon III	Board Vice President	1.00	Officer Director	$0	$0	$0
Jeremy Hamilton	Chief	20.00	Officer Director	$0	$0	$0
Eli Hamilton	Secretary of Board of Directors	2.00	Officer Director	$0	$0	$0
Shirley Perrine	Treasurer	2.00	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
2025	$594,742	$621,719	$10,485,000	$-26,977
2024	$275,835	$379,711	$530,361	$-103,876
2023	$772,829	$205,277	$662,259	$567,552
2018	$58,426	$81,099	$424,095	$-22,673

CHESAPEAKE VOLUNTEER FIRE DEPARTMENT