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Nonprofit · EIN 55-6019816

INDEPENDENT FIRE COMPANY NO 1 INC

Tax-exempt · CHARLES TOWN, WV 25414

Financials

$775K$759K2023$655K$704K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT FIRE COMPANY NO 1 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$654,964$704,253-$49,289$2,929,368$63,788$2,865,580
December 31, 2023990$774,932$759,095$15,837$3,102,197$188,709$2,913,488
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$380,704
of which government grants
$276,371
Program service revenue
$8,748
Investment income
$41,808
Net rental income
$61,959
Net gain from sales of assets
$10,000
Net income from fundraising events
$13,770
Net income from gaming
$147,201
Other revenue
$223,704

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$22,623
Salaries, compensation and benefits (total)
$24,540
Professional fundraising fees
$0
Accounting fees
$13,257
Occupancy
$101,390
Depreciation
$284,048
Program services (functional)
$601,907
Management and general (functional)
$101,551
Fundraising (functional)
$795

Balance sheet and other

Total assets, start of year
$3,102,197
Total assets, end of year
$2,929,368
Total liabilities, end of year
$63,788
Net assets, end of year
$2,865,580
Land, buildings and equipment
$1,924,494
Net assets without donor restrictions
$2,865,580
Gross receipts
$1,131,237
Employees
1
Volunteers
57
Year formed
1884
State of legal domicile
WV

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.

NameTitleHours / weekCompensation
PAUL SILVEOUSPRESIDENT
Officer
5$0
PATRICIA TURNERVICE PRESIDE
Officer
5$0
TARA HOUGHSECRETARY
Officer
5$0
TERRY CARPERTREASURER
Officer
5$0
ADAM WATSONDIRECTOR
Trustee or director
–$0
DAVE SWANDIRECTOR
Trustee or director
–$0
RICK HAHNDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
MIKE HOUGHPRESIDENT
Officer
5$0
PAUL SILVEOUSVICE PRESIDE
Officer
5$0
PATRICIA TURNERSECRETARY
Officer
5$0
TERRY CARPERTREASURER
Officer
5$0
ADAM WATSONDIRECTOR
Trustee or director
5$0
DAVE SWANDIRECTOR
Trustee or director
5$0
GEORGE WAREDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 925, CHARLES TOWN, WV 25414-0925
Principal officer (990 for 2024)
PAUL SILVEOUS
Signed the 990
TERRY CARPER, TREASURER
Phone
(304) 725-2514
Return prepared by
DECKER & COMPANY PLLC

Mission

VOLUNTEER FIRE & RESCUE SERVICE

990 for the year ended December 31, 2024

Program accomplishments

  • FIRE & RESCUE CALLS
    Expenses $595,888
  • FIRE PREVENTION SERVICES
    Expenses $6,019

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-6019816
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,929,368
Income (IRS master file)
$1,131,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$654,964$704,253$2,929,368IRS
990December 2023$774,932$759,095$3,102,197XML
990December 2022$1,395,225$1,162,629$3,207,787IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 55-6019816).

Questions about INDEPENDENT FIRE COMPANY NO 1 INC

What is the EIN of INDEPENDENT FIRE COMPANY NO 1 INC?
The employer identification number (EIN) of INDEPENDENT FIRE COMPANY NO 1 INC is 55-6019816.
Is INDEPENDENT FIRE COMPANY NO 1 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to INDEPENDENT FIRE COMPANY NO 1 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENT FIRE COMPANY NO 1 INC 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 INDEPENDENT FIRE COMPANY NO 1 INC 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 INDEPENDENT FIRE COMPANY NO 1 INC 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 INDEPENDENT FIRE COMPANY NO 1 INC?
The 990 for the year ended December 31, 2024 names PAUL SILVEOUS.
Who are the officers and directors of INDEPENDENT FIRE COMPANY NO 1 INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT FIRE COMPANY NO 1 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $654,964, expenses of $704,253 and total assets of $2,929,368 at year end.

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