Refinery Terminal Fire Company
Nonprofit profile at a glance
- EIN
- 741073223
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Corpus Christi, TX, USA
- Phone
- 3618826253
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fire Prevention
Reported finances
- Revenue
- $25,008,109
- Expenses
- $24,354,416
- Assets
- $45,424,007
- Liabilities
- $2,782,387
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- BRIAN MCDONALD (PRESIDENT/CE)
Highest reported compensation
- BRIAN MCDONALD (PRESIDENT/CE): $462,578 total reported compensation
- PAUL SWETISH (HIGH COMP EM): $346,398 total reported compensation
- JOSEPH BURNELL (HIGH COMP EM): $258,259 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide quality emergency response & training services to member owners of refineries, industrial or manufacturing plants, terminal tank storage and oil docks in the south Texas area, to operate a world-class training center to meet the training needs and business goals of its membership, to provide professional liaison and assistance to other firefighting, emergency response, and governmental agencies in protecting the lives and property of others in return for a promise of reciprocal aid and appropriate reimbursement, to provide an environment which encourages the personal and professional growth of its employees and to participate to the fullest extent in assuring the protection of the environment and the safety of employees, membership, and neighbors, in order to be responsible corporate members of the community and assist in maintaining a quality way of life in the south Texas area.
What it reported doing in 2024
All program expenses of the organization are in connection with its exempt purpose of fire training and assuring protection of the environment, employees, members, and neighbors.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 71
- Accountability: 91
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 83.6%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.6%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 1.87; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 81; 81st percentile among comparable filings
- Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 1.6% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 83.6% of spending went to programs
- Governance: 6 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $20.4M in reported program spending
- Leadership: top reported pay $463K · 13 people listed · 2 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 45/100.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.