Volunteer and Exempt Firemans Benevolent Assoc of Valhalla

Nonprofit profile at a glance

EIN
812068549
IRS 990 coverage
2016–2025
Forms available
Form 990 2025
Location
Valhalla, NY, USA
Phone
9146204922
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Voluntary Employees Beneficiary Associations (Government)

Reported finances

Revenue
$170,624
Expenses
$71,030
Assets
$1,341,173
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • RICHARD THOMAS (PRESIDENT)
  • EBEN TURNURE (VICE PRESIDENT)

People named in this filing

  • ANTHONY CATALDO (TRUSTEE)
  • ALFANSO TARANTINO (TRUSTEE)
  • ROBERT TRUSLOW (RECORDING SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Members of the association pay annual dues. The annual dues are used to purchase life insurance for each of its active exempt members. Upon death, the deceased's beneficiary will receive a payout.

What it reported doing in 2025

The association pays a death benefit to the beneficiaries of deceased inactive and exempt members

Operating model

Revenue model
Donor-supported. 76% of the money available for current operations came from contributions and gifts.
Distribution model
Member-benefit provider. The nonprofit used 63% of its reported program spending for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 29
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31%; rating input score 31
  • Program expense ratio: 35.2%; rating input score 35
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 58.4%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 18.88; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 9.7% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 13.3% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 31% of revenue deployed · 35.2% of spending went to programs
  • Governance: 120 of 120 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 35/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.