Gardner Lake Volunteer Fire Company Inc

EIN: 900175944 501(c)(3) Public Safety

Salem, CT

Total Revenue
$384,162
Total Expenses
$323,382
Total Assets
$820,629
Net Assets
$778,386
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
CT
Phone
8608591743
Tax Period
2023-07-01 to 2024-06-30

Gardner Lake Volunteer Fire Company Inc, founded in 1956, is a small nonprofit in the Public Safety sector that reported $384K in total revenue in fiscal year 2023. The organization ran a surplus of $61K, a strong 16% operating margin.

Mission

We at Gardner Lake Volunteer Fire company are a membership organization, dedicated to providing a professional courteous service because we believe that this is the key to our business success. We will listen to our members and communicate with them honestly and candidly. We will provide the training and the tools to develop programs to meet their needs.We will strive to service our community and our mutual aid communities in the proception of life and property, during natural and man-made emergencies. We believe in the importance of all individuals. We place a high value on personnel safety and integrity, encouraging creativity and self-esteem, while stressing the synergy of teamwork. We demand the best possible performance from ourselves, but never at the expense of our safety, values, or the quality of our services.We will provide equal opportunity for individual development and growth.We will adhere to the highest ethical standards in the conduct of our business with our membership

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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 $138,682
Program Service Revenue $248,298
Investment Income $101
Other Revenue $-2,919
TOTAL REVENUE $384,162

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $310,884
Other Expenses $323,382
TOTAL EXPENSES $323,382

Year-over-Year Comparison

2023 2022 Change
Revenue $384,162 $393,064 0.0%
Expenses $323,382 $348,084 -0.1%
Net Income $60,780 $44,980 +0.4%
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
7
Independent Members
7
Employees
N/A
Volunteers
25

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Ploszaj Director 6.00
Director
$0 $0 $0
John Cunningham Treasurer 20.00
Officer Director
$0 $0 $0
Mary White Secretary 16.00
Officer Director
$0 $0 $0
Cheryl Philopena President 20.00
Officer Director
$0 $0 $0
Steve Philopena Director 6.00
Director
$0 $0 $0
Doug Miller Director 6.00
Director
$0 $0 $0
Kevin Milligan Chief 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
2025 No data No data No data No data
2024 $384,162 $323,382 $820,629 $60,780
2023 $393,064 $348,084 $759,849 $44,980
2023 $393,064 $348,084 $759,849 $44,980
2022 $393,688 $326,567 $714,869 $67,121
2022 $393,688 $326,567 $714,869 $67,121
2021 $332,468 $622,907 $605,505 $-290,439
2020 $369,561 $354,295 $895,944 $15,266
2019 $319,917 $238,024 $880,678 $81,893
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