Beloit Professional Firefighters Local 583 Inc
Nonprofit profile at a glance
- EIN
- 396075977
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990-EZ 2024
- Location
- Beloit, WI, USA
- Phone
- 6083642900
- Rating confidence
- Limited
Reported finances
- Revenue
- $118,956
- Expenses
- $110,448
- Assets
- $400,647
- Liabilities
- $29,402
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JUSTIN HANAMAN (PRESIDENT)
- JACOB FEHRENBACH (VICE PRESIDENT)
People named in this filing
- JUSTIN HANAMAN (PRESIDENT)
- JACOB FEHRENBACH (VICE PRESIDENT)
- TREY TAYLOR (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To cultivate a closer feeling of friendship and fellowship among the fire fighters of the city of beloit; the promotion of legislation to advance the interests of fire fighters; the establishment, preservation and promotion of an effective and substantial pension law; the establishment, preservation and promotion of a civil service law; to protect the fire fighter in their positions and the establishment of the right of collective bargaining for the fire fighters in every department in the city of beloit and the state of Wisconsin.
What it reported doing in 2024
Improve job position with collective bargaining, training, and education for firemen.
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7.2%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 3.63; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 21.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.4% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.