Nonprofit · EIN 56-1373802
SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC
Tax-exempt (reinstated) · LEXINGTON, NC 27292
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $788,370 | $615,529 | $172,841 | $2,277,392 | $1,664,344 | $613,048 |
| June 30, 2024 | 990 | $518,132 | $497,322 | $20,810 | $2,224,065 | $1,783,858 | $440,207 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $46,612
- of which government grants
- $46,612
- Program service revenue
- $738,110
- Investment income
- $674
- Other revenue
- $2,974
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $48,226
- Other salaries and wages
- $77,148
- Salaries, compensation and benefits (total)
- $135,278
- Professional fundraising fees
- $0
- Accounting fees
- $5,950
- Depreciation
- $92,013
- Program services (functional)
- $519,235
- Management and general (functional)
- $96,294
Balance sheet and other
- Total assets, start of year
- $2,224,065
- Total assets, end of year
- $2,277,392
- Total liabilities, end of year
- $1,664,344
- Net assets, end of year
- $613,048
- Land, buildings and equipment
- $1,979,713
- Gross receipts
- $788,370
- Employees
- 2
- Year formed
- 1961
- State of legal domicile
- NC
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER W HEDRICK | FIRE CHIEF Trustee or director | 2 | $37,413 |
| BILLY SMITH | BOARD MEMBER Trustee or director | 2 | $5,474 |
| MICKEY HELTON | BOARD MEMBER Trustee or director | 2 | $3,563 |
| BRANDON VEREEN | BOARD MEMBER Trustee or director | 2 | $1,776 |
| KELLY HULIN | BOARD MEMBER Trustee or director | 2 | $0 |
| BRYCE M HEDRICK | CHAIRMAN Officer | 5 | $0 |
| TRAVIS BEESON | SECRETARY Officer | 40 | $0 |
| JERRY HARTMAN | VICE CHAIRMAN Officer | 2 | $0 |
| CRYSTAL REEDER | TREASURER Officer | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTOPHER W HEDRICK | FIRE CHIEF Trustee or director | 2 | $35,249 |
| JOSH BALDWIN | BOARD MEMBER Trustee or director | 2 | $1,711 |
| BRANDON VEREEN | BOARD MEMBER Trustee or director | 2 | $799 |
| BRYCE M HEDRICK | CHAIRMAN Trustee or director | 5 | $41 |
| JOSEPH SMITH | BOARD MEMBER Trustee or director | 2 | $0 |
| MICKEY HELTON | BOARD MEMBER Trustee or director | 2 | $0 |
| JERRY HARTMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| TRAVIS BEESON | BOARD MEMBER Trustee or director, Key employee | 40 | $0 |
| BOBBY HEDRICK | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11450 S NC HIGHWAY 109, LEXINGTON, NC 27292-9466
- In care of
- % BRYCE M HEDRICK
- Signed the 990
- BRYCE M HEDRICK, CHAIRMAN
- Phone
- (336) 859-3247
- Return prepared by
- GOINS CPA PLLC
Mission
VOLUNTEER FIRE DEPARTMENT - OPERATES FIRE TRUCKS AND PREVENTION EQUIPMENT IN A DEFINED COUNTY DISTRICT.
Program accomplishments
- VOLUNTEER FIRE DEPARTMENT - OPERATES FIRE TRUCKS AND PREVENTION EQUIPMENT IN A DEFINED COUNTY DISTRICT.Expenses $519,235 · revenue $788,370
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1373802
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public safety, disaster preparedness and relief (M24)
- Assets (IRS master file)
- $2,277,392
- Income (IRS master file)
- $788,370
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- December 5, 2015
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $788,370 | $615,529 | $2,277,392 | XML |
| 990 | June 2024 | $518,132 | $497,322 | $2,224,065 | XML |
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 56-1373802).
Questions about SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC
- What is the EIN of SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC?
- The employer identification number (EIN) of SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC is 56-1373802.
- Is SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SILVER VALLEY VOLUNTEER FIRE DEPARTMENT 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 SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 4 received compensation from the organization, the highest $37,413 (CHRISTOPHER W HEDRICK, FIRE CHIEF).
- How much revenue does SILVER VALLEY VOLUNTEER FIRE DEPARTMENT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $788,370, expenses of $615,529 and total assets of $2,277,392 at year end.
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All nonprofits in LEXINGTON · North Carolina · Public safety, disaster preparedness and relief