2026-06-12T07:36:42-05:00 2025-12-31 132709344 SHEEHAN & COMPANY CPA PC 165 ORINOCO DRIVE BRIGHTWATERS NY 11718 990 2025-01-01 112567320 EXCHANGE AMBULANCE CORP OF THE ISLIPS EXCH 6315813151 PO BOX 1 EAST ISLIP NY 11730 SUSAN BOUSE PRESIDENT 6315813151 2026-06-10 1 CYNTHIA BARRY P01281408 6316657040 2025 2025-03-06 01:10:19Z SUSAN BOUSE PO BOX 1 EAST ISLIP NY 11730 3405940 0 X WWW.EXCHANGEAMBULANCE.COM X 1951 NY TO PROVIDE VOLUNTEER AMBULANCE SERVICE TO RESIDENTS OF THE SURROUNDING COMMUNITIES. 5 5 49 143 0 0 1256287 1212060 1904590 1873768 -6082 6787 58820 42867 3213615 3135482 0 0 0 0 1152451 1289117 0 0 18897 2042390 2174455 3194841 3463572 18774 -328090 3102608 3466293 940106 1714814 2162502 1751479 TO PROVIDE FIRST AID, RESCUE AND EMERGENCY VEHICLE SERVICE TO THE ISLIP COMMUNITY. 0 0 3274361 1922135 THE AMBULANCE COMPANY EXIST SOLELY FOR THE PURPOSE OF PROVIDING EMERGENCY MEDICAL TREATMENT AND TRANSPORTATION TO LOCAL HOSPITALS AS A SERVICE TO THE ISLIP COMMUNITY. 3274361 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X THE ORGANIZATION 6315813151 PO BOX 1 EAST ISLIP NY 11730 X ROBERT STADELMAN PRESIDENT 20.00 X 0 0 0 THOMAS BAIR VICE PRESIDENT 20.00 X 0 0 0 VIVIAN BEATTIE VICE PRESIDENT 20.00 X 0 0 0 DEBRA INGHINGOLO VICE PRESIDENT 20.00 X 0 0 0 SUSAN BOUSE VICE PRESIDENT 20.00 X 0 0 0 DANIELLE HAND CHIEF OF DEPARTMENT 20.00 X 0 0 0 JOSEPH MENDOLA 2ND ASSISTANT CHIEF 20.00 X 0 0 0 CATHLEEN O'BRIEN MEMBERSHIP TREASURER 20.00 X 0 0 0 DEBRA FINGER SECRETARY 20.00 X 0 0 0 SUSAN ROBBINS 1ST ASSISTANT CHIEF 20.00 X 0 0 0 0 0 0 0 0 0 0 0 1121000 91060 1212060 THIRD PARTY BILLING 621990 1873768 1873768 1873768 1287 1287 275958 270458 5500 5500 5500 MISCELLANEOUS INCOME 900099 42867 42867 42867 3135482 1922135 0 1287 X 1105635 1075392 30243 10212 10212 78838 78838 94432 92118 2314 7700 7700 47925 47925 47682 43697 3985 127069 84061 24111 18897 56854 45541 11313 16602 16602 68750 68750 714459 714459 219579 219579 BUILDING SUPPLIES AND M 201456 161368 40088 AMBULANCE MAINTENANCE 124097 124097 MEDICAL SUPPLIES 110422 110422 LOSAP 79000 79000 352860 350225 2635 3463572 3274361 170314 18897 845194 431852 60133 9108 39555 94225 54805 6581522 3908474 2040734 2673048 151235 113347 55665 3102608 3466293 346545 239866 593561 1274946 0 200002 940106 1714814 X 2162502 1751479 2162502 1751479 3102608 3466293 X -328090 -82933 0 X 0 1 X 0 0 X 76502 90255 93924 85287 91060 437028 1170500 1170500 1170500 1171000 1121000 5803500 54530 54530 54530 113775 113775 391140 1301532 1315285 1318954 1370062 1325835 6631668 6631668 1451 1714 1933 1887 1287 8272 988185 1299471 1497286 1963410 1916635 7664987 14304927 0.46360 0.51490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 1,303. 2022 AMOUNT: $ 24,000. 2023 AMOUNT: $ 14,969. 2024 AMOUNT: $ 58,820. 2025 AMOUNT: $ 42,867. THIRD PARTY BILLING - 2021 AMOUNT: $ 986,882. 2022 AMOUNT: $ 1,275,471. 2023 AMOUNT: $ 1,482,317. 2024 AMOUNT: $ 1,904,590. 2025 AMOUNT: $ 1,873,768. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 131093 14539 116554 6169740 3801714 2368026 280689 92221 188468 2673048 SERVICE AWARD PAYABLE 200002 200002 X 3249257 113775 113775 3135482 0 3135482 3577347 113775 113775 3463572 0 3463572 PART X, LINE 2: AS OF DECEMBER 31, 2025 AND 2024, THE ORGANIZATION DOES NOT BELIEVE IT HAS ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 6 ALL VOLUNTEERS THAT JOIN THE ORGANIZATION ARE CONSIDERED TO BE MEMBERS. QUALIFIED MEMBERS, WHO HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY, MUST MEET MINIMUM REQUIREMENTS. THESE REQUIREMENTS INCLUDE RESPONDING TO A MINIMUM NUMBER OF CALLS EACH YEAR, MEETING DUTY TOUR REQUIREMENTS, AND MAINTAINING THE MANDATORY LEVEL OF TRAINING. FORM 990, PART VI, SECTION A, LINE 7A A MEMBER OF THE ORGANIZATION MAY VOTE TO ELECT ONE OR MORE MEMBERS OF THE GOVERNING BOARD IF SUCH PERSON IS A MEMBER IN GOOD STANDING AND HAS BEEN A MEMBER FOR AT LEAST SIX MONTHS. FORM 990, PART VI, SECTION A, LINE 8B THE BOARD OF DIRECTORS HAS SOLE AUTHORITY OVER THE OPERATIONS OF THE ORGANIZATION. NO COMMITTEE OR ANY OTHER BODY WITHIN THE ORGANIZATION HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE TAX RETURN BEFORE THE RETURN IS SIGNED AND FILED WITH THE INTERNAL REVENUE SERVICE. AS PART OF THIS REVIEW, THE BOARD COMPARES ALL FINANCIAL AMOUNTS WITH THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE POLICY ON ANNUAL BASIS TO DETERMINE IF THERE ARE ANY NECESSARY MODIFICATIONS NEEDED. ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY AS WELL AS DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE BOARD WILL IN TURN REVIEW THESE POTENTIAL CONFLICTS AND AVOID THEM WHENEVER POSSIBLE. FORM 990, PART VI, SECTION C, LINE 19 ALL PUBLIC DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADDRESS OF OPERATIONS. IN ADDITION, THE ORGANIZATION'S FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER FEES-MNGMNT-990: PROGRAM SERVICE EXPENSES 43,697. MANAGEMENT AND GENERAL EXPENSES 3,985. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,682. FORM 990, PART IX, LINE 24E EQUIPMENT REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 73,790. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,790. UNIFORMS: PROGRAM SERVICE EXPENSES 47,882. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,882. VACCINATIONS AND PHYSICALS: PROGRAM SERVICE EXPENSES 46,842. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,842. INSTALLATION DINNER AND AWARDS: PROGRAM SERVICE EXPENSES 42,078. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,078. AMBULANCE FUEL: PROGRAM SERVICE EXPENSES 38,164. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,164. REFRESHMENTS: PROGRAM SERVICE EXPENSES 30,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,304. SERVICE AWARD CONTRIBUTION: PROGRAM SERVICE EXPENSES 21,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,500. TRAINING: PROGRAM SERVICE EXPENSES 20,691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,691. MEMBER BENEFITS: PROGRAM SERVICE EXPENSES 11,179. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,179. OXYGEN: PROGRAM SERVICE EXPENSES 8,024. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,024. YOUTH SQUAD: PROGRAM SERVICE EXPENSES 8,019. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,019. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,635. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,635. GOOD & WELFARE: PROGRAM SERVICE EXPENSES 1,752. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,752. FORM 990, PART XI, LINE 8 NET ASSETS AS OF JANUARY 1, 2024, HAVE BEEN RESTATED TO CORRECT ERRORS IN THE DECEMBER 31, 2023, FINANCIAL STATEMENTS THAT WAS DISCOVERED DURING 2025. THE PREVIOUSLY ISSUED DECEMBER 31, 2023 FINANCIAL STATEMENTS DID NOT INCLUDE THE PROPER ACCRUED EXPENSE AND RELATED INSURANCE EXPENSE AND ALSO INCLUDED DEPRECIATION EXPENSE RELATED TO ASSETS THAT WERE INCORRECTLY PLACED INTO SERVICE IN 2023. ACCORDINGLY, BEGINNING NET ASSETS AS OF JANUARY 1, 2024 WERE REDUCED BY $6,480, REPRESENTING AN INCREASE IN ACCRUED EXPENSES AND INSURANCE EXPENSE OF $47,010, OFFSET BY A DECREASE IN ACCUMULATED DEPRECIATION AND DEPRECIATION EXPENSE OF $40,530. IN ADDITION, THE CHANGE IN NET ASSETS FOR THE YEAR ENDED DECEMBER 31, 2024 HAS BEEN RESTATED TO CORRECT ERRORS IN THE PREVIOUSLY ISSUED DECEMBER 31, 2024 FINANCIAL STATEMENTS THAT WERE DISCOVERED DURING 2025. THE EFFECT OF THOSE CORRECTIONS FOR 2024 WAS TO INCREASE ACCRUED EXPENSES AND INSURANCE EXPENSE BY $26,461 AND TO INCREASE ACCRUED EXPENSES AND LOSAP EXPENSE BY $69,456. ADDITIONALLY, DEPRECIATION EXPENSE OF $19,464 WAS DECREASED RELATED TO ASSETS THAT WERE INCORRECTLY PLACED INTO SERVICE IN 2023. ACCORDINGLY, BEGINNING NET ASSETS AS OF JANUARY 1, 2025 WAS REDUCED BY $76,453.