Nonprofit · EIN 54-2054848
DAVIS CORNER RESCUE SQUAD FOUNDATION
Tax-exempt · VIRGINIA BCH, VA 23471
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $17,557 | $5,994 | $11,563 | $308,715 | $0 | $308,715 |
| December 31, 2023 | 990 | $7,582 | $5,337 | $2,245 | $297,152 | $0 | $297,152 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $17,557
- Net gain from sales of assets
- $8,082
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $389
- Accounting fees
- $695
- Program services (functional)
- $500
- Management and general (functional)
- $5,494
Balance sheet and other
- Total assets, start of year
- $297,152
- Total assets, end of year
- $308,715
- Total liabilities, end of year
- $0
- Net assets, end of year
- $308,715
- Publicly traded securities
- $302,270
- Net assets without donor restrictions
- $308,715
- Gross receipts
- $59,372
- Employees
- 0
- Year formed
- 2002
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sharon Brown | Director Trustee or director | 0 | $0 |
| Ira Swartz | Director Trustee or director | 0 | $0 |
| Eric Hoyt | Director Trustee or director | 0 | $0 |
| Mike Mullins | Director Trustee or director | 0 | $0 |
| Armand Rubbo | Director Trustee or director | 0 | $0 |
| Kay Laws | President Officer | 0 | $0 |
| Daniel Norville | Vice President Officer | 0 | $0 |
| Judi Baker | Treasurer Officer | 0 | $0 |
| Carol Norville | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sharon Brown | Director Trustee or director | 0 | $0 |
| Ira Swartz | Director Trustee or director | 0 | $0 |
| Eric Hoyt | Director Trustee or director | 0 | $0 |
| Mike Mullins | Director Trustee or director | 0 | $0 |
| Armand Rubbo | Director Trustee or director | 0 | $0 |
| Kay Laws | President Officer | 0 | $0 |
| Daniel Norville | Vice President Officer | 0 | $0 |
| Judi Baker | Treasurer Officer | 0 | $0 |
| Carol Norville | Secretary Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 68086, VIRGINIA BCH, VA 23471-8086
- In care of
- % JAN WILLIAMS
- Principal officer (990 for 2024)
- Kay Laws, P O Box 68086, Virginia Beach, VA 234718086
- Signed the 990
- Kay Laws, President
- Phone
- (757) 439-4457
- Return prepared by
- Richard H Green CPA PC
Mission
The Corporation is organized to receive, maintain, and administer assets and contributions exclusively for charitable, educational and scientific purposes, as set forth in Section 501(c)(3) of the Internal Revenue Code of 1986, as may be amended and to use and apply income and principal therefrom for broad charitable purposes either directly or by contributions to other organizations, with the primary use and application to be to raise money to support the Davis Corner Rescue Squad in Virginia Beach, Virginia, to hold assets for the use of the Davis Corner Rescue Squad, and the making of distributions to organizations that qualify as exempt organizations under 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.
Program accomplishments
- Yearly Grant to Davis Corner VFD & Rescue Squad for Operating CostsExpenses $500 · grants $500
- Recognition of Members of the Davis Corner VFD & Rescue Squad
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-2054848
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M112)
- Assets (IRS master file)
- $308,715
- Income (IRS master file)
- $59,372
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $17,557 | $5,994 | $308,715 | XML |
| 990 | December 2023 | $7,582 | $5,337 | $297,152 | XML |
| 990 | December 2022 | $6,809 | $89,677 | $294,907 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-2054848).
Questions about DAVIS CORNER RESCUE SQUAD FOUNDATION
- What is the EIN of DAVIS CORNER RESCUE SQUAD FOUNDATION?
- The employer identification number (EIN) of DAVIS CORNER RESCUE SQUAD FOUNDATION is 54-2054848.
- Is DAVIS CORNER RESCUE SQUAD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to DAVIS CORNER RESCUE SQUAD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAVIS CORNER RESCUE SQUAD FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAVIS CORNER RESCUE SQUAD FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVIS CORNER RESCUE SQUAD FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DAVIS CORNER RESCUE SQUAD FOUNDATION?
- The 990 for the year ended December 31, 2024 names Kay Laws.
- Who are the officers and directors of DAVIS CORNER RESCUE SQUAD FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does DAVIS CORNER RESCUE SQUAD FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $17,557, expenses of $5,994 and total assets of $308,715 at year end.
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