Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-1638680

INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC

Tax-exempt · CHARLES TOWN, WV 25414

Financials

$368K$52K2023$592K$61K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$592,484$60,502$531,982$7,332,750$0$7,332,750
December 31, 2023990$367,935$51,570$316,365$6,536,688$0$6,536,688
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$592,484
Net gain from sales of assets
$403,715
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$60,502

Balance sheet and other

Total assets, start of year
$6,536,688
Total assets, end of year
$7,332,750
Total liabilities, end of year
$0
Net assets, end of year
$7,332,750
Publicly traded securities
$7,332,750
Net assets without donor restrictions
$7,332,750
Gross receipts
$2,846,305
Employees
0
Year formed
2017
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
AARON WATSONPRESIDENT
Officer
–$0
JACK WYSONGVICE PRESIDE
Officer
–$0
TERRY CARPERTREASURER
Officer
–$0
GEORGE HARRISSECRETARY
Officer
–$0
ED SMITHTRUSTEE
Trustee or director
–$0
PAUL SILVEOUSTRUSTEE
Trustee or director
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
AARON WATSONPRESIDENT
Officer
–$0
JACK WYSONGVICE PRESIDE
Officer
–$0
TERRY CARPERTREASURER
Officer
–$0
GEORGE HARRISSECRETARY
Officer
–$0
ED SMITHTRUSTEE
Trustee or director
–$0
MICHAEL HOUGHTRUSTEE
Trustee or director
–$0

Address and contacts

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

Mission

THE FOUNDATION IS ORGANIZED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, PERFORM THE FUNCTIONS OF, OR CARRY OUT THE PURPOSES OF INDEPENDENT FIRE COMPANY NO. 1, INC., INCLUDING BUT NOT LIMITED TO HOLDING AND MANAGING INVESTMENT ASSETS AND CARRYING OUT FUNDRAISING ACTIVITIES TO BENEFIT THE MISSION OF THE COMPANY.

990 for the year ended December 31, 2024

Program accomplishments

  • MANAGEMENT OF INVESTMENT ASSETS
    Expenses $60,502

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
82-1638680
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,332,750
Income (IRS master file)
$2,846,305

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$592,484$60,502$7,332,750IRS
990December 2023$367,935$51,570$6,536,688XML
990December 2022$122,105$58,342$5,796,341IRS
990December 2021–––IRS
990-EZDecember 2020–––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 82-1638680).

Questions about INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC

What is the EIN of INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC?
The employer identification number (EIN) of INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC is 82-1638680.
Is INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does INDEPENDENT FIRE COMPANY NO 1 FOUNDATION 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 FOUNDATION 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 FOUNDATION 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 FOUNDATION INC?
The 990 for the year ended December 31, 2024 names AARON WATSON.
Who are the officers and directors of INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT FIRE COMPANY NO 1 FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $592,484, expenses of $60,502 and total assets of $7,332,750 at year end.

Other nonprofits in CHARLES TOWN

All nonprofits in CHARLES TOWN · West Virginia · Public safety, disaster preparedness and relief