2025-06-03T14:37:25-04:00 2024-11-30 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2023-12-01 510107627 CHESWOLD VOLUNTEER FIRE COMPANY CHES 3025385772 PO BOX 186 CHESWOLD DE 19936 CRAIG SPENCER TREASURER 3027348709 2025-06-02 true false JULIA M ORTIZ CPA P00461163 3022660202 2025-06-03 2023 2025-03-06 01:10:19Z TUCKER DEMPSEY 1858040 false X CHESWOLDFIRE.COM X 1931 DE VOLUNTEER FIRE PROTECTION AND RESCUE. 7 6 19 0 1500190 1709424 0 -120586 56777 77275 88107 1456879 1854308 0 0 524986 587369 0 0 747670 777610 1272656 1364979 184223 489329 3788323 4448681 54379 38209 3733944 4410472 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 1273720 1854308 VOLUNTEER FIRE PROTECTION AND RESCUE SERVICES TO THE SURROUNDING COMMUNITY THE COMPANY MAINTAINS SIX FIRE TRUCKS AND FOUR RESCUE VEHICLES. 1273720 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 0 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 DANIEL CERUTTI VICE PRESIDE 2.00 X X 0 0 0 CRAIG SPENCER TREASURER 2.00 X X 0 0 0 PAIGE FITZGERALD SECRETARY 2.00 X X 0 0 0 JOSHUA DEMPSEY FIRE CHIEF 40.00 X 0 0 0 KEN CLENDANIEL TRUSTEE 1.00 X 0 0 0 TYRON MARTIN TRUSTEE 1.00 X 0 0 0 false false false 742 65000 1103388 540294 1709424 54159 54159 21700 21700 21700 21700 2618 2618 2618 2618 55919 65000 3732 52187 52187 TREASURY MONEY 13540 13540 FIRE HOUSE VENDING 680 680 14220 1854308 16838 128046 468203 468203 32501 32501 51148 51148 35517 35517 7774 7774 23139 23139 40359 40359 151394 151394 704 704 286515 286515 43554 43554 UNIFORMS AND ACCESSORIES 56110 56110 AMBULANCE EXPENSES 36446 36446 EQUIPMENT MAINTENANCE 35937 35937 SPECIAL AFFAIRS 32896 32896 62782 42795 19987 1364979 1273720 91259 0 282339 563077 1298255 1118216 83617 186567 7162905 5441824 1926444 1721081 197668 859740 3788323 4448681 25884 38209 28495 54379 38209 X 3733944 4410472 3733944 4410472 3788323 4448681 X 489329 28880 -3387 161706 X false true true X 1096848 1185789 1469600 1500190 1709424 6961851 1096848 1185789 1469600 1500190 1709424 6961851 6961851 14375 19173 -7307 35257 75859 137357 13432 13432 32925 41450 56347 57147 55919 243788 7356428 102603 0.94640 0.94130 X PART II, LINE 10 OTHER INCOME 187,869 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20218 20218 3087110 2345349 741761 4075795 3096475 979320 1741299 X 1883533 28880 3732 32612 1850921 3387 3387 1854308 1368711 3732 3732 1364979 1364979 SCHEDULE D, PAGE 3, PART X CHESWOLD VOLUNTEER FIRE COMPANY, INC. IS EXEMPT FROM FEDERAL AND STATEINCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNALREVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THEFINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED ASONE THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509 (A)OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS ASPROVIDED 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 INCOMETAXES", WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT. ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHEREINTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES ACOMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT'S RECOGNITION, MEASUREMENT,PRESENTATION, AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TOPOSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONSAND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS,THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOODTHAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENTAGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FORTHE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE NOVEMBER 30, 2021, 2022 AND 2023 TAX YEARS ARE OPEN ANDSUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THEORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEENCONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TOINCOME TAXES WOULD BE RECORDED AS INCOME TAX EXPENSES. THERE ARE NOINTEREST AND PENALTIES AS OF NOVEMBER 30, 2024 AND 2023. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EXPENSES NOT ON FORM 990 3,732 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES NOT ON FORM 990 3,732 SPORTSMAN SHOW 16725 16725 3732 OTHER EVENTS 104194 65000 39194 120919 65000 55919 3732 3732 52187 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 CHANGE IN NET ASSETS DUE TO CREDIT LOSS (ASC 326) 161,706