2024-06-24T09:45:54-04:00 2023-11-30 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2022-12-01 510107627 CHESWOLD VOLUNTEER FIRE COMPANY CHES 3025385772 PO BOX 186 CHESWOLD DE 19936 CRAIG SPENCER TREASURER 3027348709 2024-06-18 true CRAIG SPENSER 999009999 false JULIA M ORTIZ CPA P00461163 3022660202 2024-06-20 2022 2023-04-26 12:10:37Z TUCKER DEMPSEY 1594023 false X CHESWOLDFIRE.COM X 1931 DE VOLUNTEER FIRE PROTECTION AND RESCUE. 7 6 19 0 1469600 1500190 0 -18414 -120586 97699 77275 1548885 1456879 0 0 425568 524986 0 0 713135 747670 1138703 1272656 410182 184223 3631895 3788323 90264 54379 3541631 3733944 X THE COMPANY IS ORGANIZED AND OPERATES AS A NOT-FOR-PROFIT VOLUNTEER FIRE COMPANY PROVIDING FIR E PROTECTION AND RESCUE SERVICES TO THE COMMUNITY AND FOR THE PROMOTION OF SOCIAL ENJOYMENT AMONG ITS MEMBERS WITHIN KENT COUNTY, IN THE STATE OF DELAWARE. false false 1197658 1456879 VOLUNTEER FIRE PROTECTION AND RESCUE SERVICES TO THE SURROUNDING COMMUNITY THE COMPANY MAINTAINS SIX FIRE TRUCKS AND FOUR RESCUE VEHICLES. 1197658 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 2 0 19 false false false false false false false false false X 7 6 false false false false false true true true true false false false true true true true true false false false X X CRAIG SPENCER 3025385772 PO BOX 186 CHESWOLD DE 19936 X TUCKER DEMPSEY PRESIDENT 2.00 X X 0 0 0 KEN CLENDANIEL PAST PRESIDE 2.00 X X 0 0 0 DAN CERUTTI VICE PRESIDE 2.00 X X 0 0 0 CRAIG SPENCER TREASURER 2.00 X X 0 0 0 JOSHUA DEMPSEY FIRE CHIEF 40.00 X 0 0 0 JEFF SWORD DEPUTY FIRE 40.00 X 0 0 0 BRIAN MAST 2ND ASSISTAN 40.00 X 0 0 0 RICK EDWARDS BOARD MEMBER 1.00 X 0 0 0 JEFF EISENBREY BOARD MEMBER 1.00 X 0 0 0 false false false 760 50000 956235 493195 1500190 13337 13337 21920 21920 21920 21920 951 134874 951 -134874 -133923 -133923 57147 50000 2270 54877 54877 FIRE HOUSE VENDING 478 478 478 1456879 -133445 90134 400176 400176 42128 42128 52351 52351 30331 30331 7063 7063 18980 18980 38350 38350 135656 135656 2408 2408 283565 283565 38619 38619 EQUIPMENT MAINTENANCE 69705 69705 UNIFORMS AND ACCESSORIES 47905 47905 SPECIAL AFFAIRS 37970 37970 AMBULANCE EXPENSES 22900 22900 44549 33944 10605 1272656 1197658 74998 0 411881 282339 892531 1298255 33239 83617 7081753 5155309 2108969 1926444 185275 197668 3631895 3788323 25427 25884 64837 28495 90264 54379 X 3541631 3733944 3541631 3733944 3631895 3788323 X 184223 9968 -1878 X false true true false X 1133007 1096848 1185789 1469600 1500190 6385434 1133007 1096848 1185789 1469600 1500190 6385434 6385434 21789 14375 19173 -7307 35257 83287 64751 13432 78183 48509 32925 41450 56347 57147 236378 6783282 111284 0.94130 0.93020 X PART II, LINE 10 OTHER INCOME 179,231 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20218 20218 3074739 2238320 836419 4007014 2916989 1090025 1946662 X 1467239 9968 2270 12238 1455001 1878 1878 1456879 1274926 2270 2270 1272656 1272656 SCHEDULE D, PAGE 3, PART X CHESWOLD VOLUNTEER FIRE COMPANY, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED AS ONE THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509 (A) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). ALTHOUGH THE ORGANIZATION IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, THE ORGANIZATION IS REQUIRED TO ADHERE TO ASC 740, "ACCOUNTING FOR INCOME TAXES", WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT. ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHERE INTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT'S RECOGNITION, MEASUREMENT, PRESENTATION, AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE NOVEMBER 30, 2020, 2021 AND 2022 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES WOULD BE RECORDED AS INCOME TAX EXPENSES. THERE ARE NO INTEREST AND PENALTIES AS OF NOVEMBER 30, 2023 AND 2022. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNRAISING EXPENSES NOT ON FORM 990 2,270 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNRAISING EXPENSES NOT ON FORM 990 2,270 SPORTSMAN SHOW 17996 17996 2270 OTHER EVENTS 89151 50000 39151 107147 50000 57147 2270 2270 54877 FORM 990 - ORGANIZATION'S MISSION THE COMPANY IS ORGANIZED AND OPERATES AS A NOT-FOR-PROFIT VOLUNTEER FIRE COMPANY PROVIDING FIR E PROTECTION AND RESCUE SERVICES TO THE COMMUNITY AND FOR THE PROMOTION OF SOCIAL ENJOYMENT AMONG ITS MEMBERS WITHIN KENT COUNTY, IN THE STATE OF DELAWARE. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE OFFICER'S OF THE ORGANIZATION AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B YES FORM 990, PAGE 6, PART VI, LINE 11B REVIEW OF FINANCIALS AND TAX RETURN IS MADE BY THE BOARD OF DIRECTORS AT THEIR MEETING FOLLOWING RECEIPT FROM THE ACCOUNTING FIRM. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST IS ACKNOWLEDGED IN WRITING ANNUALLY AND REVIEWED BY OFFICERS. FORM 990, PAGE 6, PART VI, LINE 19 THE POLICIES AND RECORDS ARE AVAILABLE UPON REQUEST BY ON SITE REVIEW. FORM 990, PART XI, LINE 9 FUNRAISING EXPENSES NOT ON FORM 990 2,270 FUNRAISING EXPENSES NOT ON FORM 990 -2,270