Civic Intelligence

The Westerly Ambulance Corps Inc

EIN 05-6009804 • 501(c)3 • Westerly, RI

Profile

The westerly ambulance corps is committed to provide quality emergency medical, rescue and dispatch services through our compassionate and caring volunteers and employees to the community and surrounding areas. Our service-oriented professionals strive for excellence through training and education. Our organization will continue its tradition of community service through public education, providing special event coverage and giving assistance to other emergency service providers when called upon. The corps has followed this vision since 1917 and will continue to assist those in need into the future.

30 Chestnut StreetWesterly, RI 02891

www.westerlyambulance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

57th percentile

8.1%

Higher net margin than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

49th percentile

3.5%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

75th percentile

28%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,040,440

Up $135,410 (+3.5%) from 2023

Liabilities

Up

$137,933

Up $16,038 (+13%) from 2023

Net Assets

Up

$3,902,507

Up $119,372 (+3.2%) from 2023

Revenue

Up

$3,469,825

Up $762,370 (+28%) from 2023

Expenses

Up

$3,187,316

Up $363,781 (+13%) from 2023

Net Income

Up

$282,509

Up $398,589 (+343%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $4,409,213Liabilities 2010: $298,738Net Assets 2010: $4,110,4752010Assets 2011: $4,074,227Liabilities 2011: $254,250Net Assets 2011: $3,819,9772011Assets 2012: $3,849,511Liabilities 2012: $222,937Net Assets 2012: $3,626,5742012Assets 2013: $3,948,803Liabilities 2013: $283,168Net Assets 2013: $3,665,6352013Assets 2014: $4,030,409Liabilities 2014: $298,322Net Assets 2014: $3,732,0872014Assets 2015: $4,483,175Liabilities 2015: $242,870Net Assets 2015: $4,240,3052015Assets 2016: $4,603,349Liabilities 2016: $155,915Net Assets 2016: $4,447,4342016Assets 2017: $4,956,028Liabilities 2017: $386,813Net Assets 2017: $4,569,2152017Assets 2018: $4,874,761Liabilities 2018: $290,440Net Assets 2018: $4,584,3212018Assets 2019: $4,808,864Liabilities 2019: $147,228Net Assets 2019: $4,661,6362019Assets 2020: $4,637,780Liabilities 2020: $168,250Net Assets 2020: $4,469,5302020Assets 2021: $4,557,028Liabilities 2021: $156,723Net Assets 2021: $4,400,3052021Assets 2022: $4,108,884Liabilities 2022: $151,689Net Assets 2022: $3,957,1952022Assets 2023: $3,905,030Liabilities 2023: $121,895Net Assets 2023: $3,783,1352023Assets 2024: $4,040,440Liabilities 2024: $137,933Net Assets 2024: $3,902,5072024

Highlighted filing

2024

Assets$4,040,440
Liabilities$137,933
Net Assets$3,902,507

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,730,8672010Expenses 2011: $2,002,0692011Expenses 2012: $1,970,0292012Revenue 2013: $1,850,104Expenses 2013: $1,879,980Net Income 2013: -$29,8762013Revenue 2014: $1,935,499Expenses 2014: $1,888,072Net Income 2014: $47,4272014Revenue 2015: $2,441,131Expenses 2015: $1,932,913Net Income 2015: $508,2182015Revenue 2016: $2,195,687Expenses 2016: $1,988,554Net Income 2016: $207,1332016Revenue 2017: $2,508,690Expenses 2017: $2,364,418Net Income 2017: $144,2722017Revenue 2018: $2,807,695Expenses 2018: $2,655,878Net Income 2018: $151,8172018Revenue 2019: $2,519,199Expenses 2019: $2,642,533Net Income 2019: -$123,3342019Revenue 2020: $2,338,414Expenses 2020: $2,484,406Net Income 2020: -$145,9922020Revenue 2021: $2,503,156Expenses 2021: $2,671,127Net Income 2021: -$167,9712021Revenue 2022: $2,312,570Expenses 2022: $2,579,573Net Income 2022: -$267,0032022Revenue 2023: $2,707,455Expenses 2023: $2,823,535Net Income 2023: -$116,0802023Revenue 2024: $3,469,825Expenses 2024: $3,187,316Net Income 2024: $282,5092024

Highlighted filing

2024

Revenue$3,469,825
Expenses$3,187,316
Net Income$282,509

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.14$3.90$3.47$3.19$0.28
2023Detailed filing. Detailed filing data is available for this year.$3.91$0.12$3.78$2.71$2.82$0.12
2022Detailed filing. Detailed filing data is available for this year.$4.11$0.15$3.96$2.31$2.58$0.27
2021Detailed filing. Detailed filing data is available for this year.$4.56$0.16$4.40$2.50$2.67$0.17
2020Detailed filing. Detailed filing data is available for this year.$4.64$0.17$4.47$2.34$2.48$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.15$4.66$2.52$2.64$0.12
2018Detailed filing. Detailed filing data is available for this year.$4.87$0.29$4.58$2.81$2.66$0.15
2017Detailed filing. Detailed filing data is available for this year.$4.96$0.39$4.57$2.51$2.36$0.14
2016Detailed filing. Detailed filing data is available for this year.$4.60$0.16$4.45$2.20$1.99$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.48$0.24$4.24$2.44$1.93$0.51
2014Detailed filing. Detailed filing data is available for this year.$4.03$0.30$3.73$1.94$1.89$0.05
2013Detailed filing. Detailed filing data is available for this year.$3.95$0.28$3.67$1.85$1.88$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.22$3.63$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$0.25$3.82$2.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.30$4.11$1.73
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.0
Gross Receipts
$3,571,516
Mission and Program Overview

Mission

Part iii - line 1 the westerly ambulance corps is committed to provide quality emergency medical and dispatch services through our compassionate and caring volunteers and employees to the community and surrounding areas. Our service-oriented professionals strive for excellence through training and education. Our organization will continue its tradition of community service through public education, providing special event coverage and giving assistance to other emergency service providers when called upon. The corps has followed this vision since 1917 and will continue to assist those in need into the future.

The westerly ambulance corps provides the highest quality emergency medical and dispatch services to the westerly community and the nearby towns in southern rhode island.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,459,074$2,676,605▲ $217,531
Investments in Publicly Traded Securities$934,897$730,795▼ $204,102
Accounts Receivable$356,537$406,592▲ $50,055
Savings and Temporary Cash Investments$17,080$102,806▲ $85,726
Prepaid Expenses and Deferred Charges$58,832$67,377▲ $8,545
Inventories for Sale or Use$51,558$53,209▲ $1,651
Cash and Non-Interest-Bearing Accounts$27,052$3,056▼ $23,996
Total Assets$3,905,030$4,040,440▲ $135,410
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,960$85,493▲ $44,533
Other Liabilities$53,872$52,440▼ $1,432
Accounts Payable and Accrued Expenses$27,063--
Total Liabilities$121,895$137,933▲ $16,038
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,783,135$3,805,595▲ $22,460
Net Assets With Donor Restrictions-$96,912-
Total Net Assets Fund Balance$3,783,135$3,902,507▲ $119,372
Total Liabilities and Net Assets / Fund Balance$3,905,030$4,040,440▲ $135,410

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$732,419$1,448,638$2,181,057
Land$1,387,693-$1,387,693
Buildings$556,493$560,804$1,117,297
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael T BrancatoTreasurerFT$85,454$85,454
Karen E Mcgrath-scarcelloSecretaryPT$2,000$2,000

Board Members and Trustees

NameTitle
Dawn E SmithPresident
John J TuranoComm. Board
Mary Ellen BuckleyComm. Board
Stephen R CofoneComm. Board
Ian J HowardAsst Treasur
Mark S MelansonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$822,925
Program Service Revenue
$2,367,207
Investment Income
$279,541
Other Revenue
$152
All Other Contributions
$427,017
Change in Net Assets
$282,509

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$351,865Fair Market Value (FMV) on Date of Gift
Total Noncash Contributions1$351,865-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,469,825
Revenue Not Reported on Form 990
$-161,990
Total Revenue per Audited Statements
$3,307,835
Total Revenue per Form 990
$3,469,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,320,182
Other Expenses$864,134
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,799,186$91,331-$1,890,517
Depreciation Depletion$202,349--$202,349
Payroll Taxes$150,026$17,078-$167,104
Insurance$143,350$14,070-$157,420
Other Employee Benefits$132,347$20,181-$152,528
Fees for Services Other$122,241--$122,241
Current Officers, Directors, Trustees, and Key Employees$2,000$85,454-$87,454
Information Technology$48,816--$48,816
All Other Expenses$25,295$4,669-$29,964
Pension Plan Contributions$19,646$2,933-$22,579
Office Expenses-$10,834-$10,834
Other Expenses$9,983$7,436-$9,983
Fees for Services Accounting-$8,300-$8,300
Fees for Service Investment Mgmnt Fees-$7,341-$7,341
Fees for Services Legal-$5,263-$5,263
Grants to Domestic Individuals$3,000--$3,000
Interest$2,300--$2,300
Advertising-$540-$540
Total Functional Expenses$2,872,534$314,782$0$3,187,316

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,187,316
Expenses per Audited Statements$3,187,314
Total Expenses per Audited Statements$3,187,314
Expenses Not Reported on Financial Statements$2
Other Expense Adjustments$2
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Operating Expenses$28,931
Cash Overdraft$23,220
Accrued Interest$289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Volunteer:the westerly ambulance corps is always looking for volunteers. If you are 18 years of age, an emt or just interested in joining the coprs to help the ill or injured in the community, please call (401) 596-4375 ext. 0 for an application and more information. Age: membership is for those aged 18 or older. Active member status: active members are placed on a 6-month probation period upon joining the corps. Following the probation period, active members are eligible to vote a regular business meetings. Active members are encouraged to become an approved ambulance driver and/or emergency medical technician from the state of rhode island and connecticut emergency medical services or hold a national registry license. The active member should complete some type of "volunteer service" during the year.

Form 990, Page 6, Part VI, Line 7A

Elections are held at the "elections meeting" to be held on the first friday in november. All officers, chairperson of committees and community board members are elected at this meeting. Officers and chairpersons are elected for a 1 year term of service beginning on the subsequent "annual meeting" held on the first friday in january. The community members of the board of governors are elected for 3 year terms on a staggered basis where only 1 position is filled each year. Active members are considered voting members. Officers are selected by a simple majority.

Form 990, Page 6, Part VI, Line 11B

Prior to filing the form 990, a draft copy is presented to the treasurer who is responsible for reviewing the completed form with the board and providing approval prior to the filing of the return.

Form 990, Page 6, Part VI, Line 12C

Prior to the annual election meeting, any person being considered for an officer or director position is vetted for any potential conflict of interest. During the year, regular monthly meeting are held and any additions or changes to officers, directors or key employees are discussed and candidates are required to disclose any potential conflict of interest.

Form 990, Page 6, Part VI, Line 15A

Supervisors of departments review compensation within their departments and compare it to like positions in the surrrounding area. Recommendations are made to the board of governors, who act by a majority vote. Any paid supervisor positions are reviewed by the corps' board of governors in a like manner.

Form 990, Page 6, Part VI, Line 15B

Supervisors of departments review compensation within their departments and compare it to like positions in the surrrounding area. Recommendations are made to the board of governors, who act by a majority vote. Any paid supervisor positions are reviewed by the corps' board of governors in a like manner.

Form 990, Page 6, Part VI, Line 19

The organization makes available upon request the related governing documents and compiled financial statements along with the public copy of the form 990.

Filing and Contact Details

Filer

Filer Name
The Westerly Ambulance Corps Inc
EIN
05-6009804
Phone
4015964375
Address
30 CHESTNUT STREET, WESTERLY, RI 02891

Signing Officer

Name
Michael T Brancato
Title
Treasurer
Phone
4015964375
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael T Brancato
Formed
1919
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
74
Volunteers
30

Preparer

Firm
Hoyt Filippetti & Malaghan LLC
Address
107 AIRPORT RD, WESTERLY, RI 02891-3420
Preparer
Terence J Malaghan CPA
Phone
4015962000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Part iii - line 1 the westerly ambulance corps is committed to provide quality emergency medical and dispatch services through our compassionate and caring volunteers and employees to the community and surrounding areas. Our service-oriented professionals strive for excellence through training and education. Our organization will continue its tradition of community service through public education, providing special event coverage and giving assistance to other emergency service providers when called upon. The corps has followed this vision since 1917 and will continue to assist those in need into the future.

Form 990, Page 2, Part III, Line 4D

The westerly ambulance corps provides annual scholarships to students who are entering health related fields of study. The amount provided to students in 2024 was 3,000.

Form 990, Part XI, Line 9

Adjust to book loss on disposal -1,147

Financial Statement Notes

Schedule D, Page 3, Part X

The corps did not recognize any liability for uncertain tax positions as defined by accounting principles generally accepted in the united states of america.

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 2

Raw XML AppendixShowing 400 of 498 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE WESTERLY AMBULANCE CORPS PROVIDES THE HIGHEST QUALITY EMERGENCY MEDICAL AND DISPATCH SERVICES TO THE WESTERLY COMMUNITY AND THE NEARBY TOWNS IN SOUTHERN RHODE ISLAND.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3COMM. BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST TREASUR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
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IRS990/MissionDesc0PART III - LINE 1 THE WESTERLY AMBULANCE CORPS IS COMMITTED TO PROVIDE QUALITY EMERGENCY MEDICAL AND DISPATCH SERVICES THROUGH OUR COMPASSIONATE AND CARING VOLUNTEERS AND EMPLOYEES TO THE COMMUNITY AND SURROUNDING AREAS. OUR SERVICE-ORIENTED PROFESSIONALS STRIVE FOR EXCELLENCE THROUGH TRAINING AND EDUCATION. OUR ORGANIZATION WILL CONTINUE ITS TRADITION OF COMMUNITY SERVICE THROUGH PUBLIC EDUCATION, PROVIDING SPECIAL EVENT COVERAGE AND GIVING ASSISTANCE TO OTHER EMERGENCY SERVICE PROVIDERS WHEN CALLED UPON. THE CORPS HAS FOLLOWED THIS VISION SINCE 1917 AND WILL CONTINUE TO ASSIST THOSE IN NEED INTO THE FUTURE.
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IRS990/PrincipalOfficerNm0MICHAEL T BRANCATO
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IRS990/ProgramServiceRevenueGrp/Desc0AMBULANCE TRIPS & STANDBY
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE WESTERLY AMBULANCE CORPS PROVIDES DISPATCH SERVICES FOR 13 OTHER LOCAL AREA VOLUNTEER FIRE AND AMBULANCE ASSOCIATIONS. IN 2024, THE CORPS DISPATCED A TOTAL OF 12,536 CALLS FOR ASSISTANCE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE CORPS PROVIDES TRAINING TO THE COMMUNITY FOR FIRST AID, CPR, ETC. AS PART OF REGULARLY SCHEDULED CLASSES OR UPON REQUEST OF THE COMMUNITY AT LARGE BY OTHER SPONSORING ORGANIZATIONS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE WESTERLY AMBULANCE CORPS PROVIDES ANNUAL SCHOLARSHIPS TO STUDENTS WHO ARE ENTERING HEALTH RELATED FIELDS OF STUDY. THE AMOUNT PROVIDED TO STUDENTS IN 2024 WAS 3,000.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REPORT FEES, REIMBURSEMENTS, ETC 319
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPS DID NOT RECOGNIZE ANY LIABILITY FOR UNCERTAIN TAX POSITIONS AS DEFINED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART III - LINE 1 THE WESTERLY AMBULANCE CORPS IS COMMITTED TO PROVIDE QUALITY EMERGENCY MEDICAL AND DISPATCH SERVICES THROUGH OUR COMPASSIONATE AND CARING VOLUNTEERS AND EMPLOYEES TO THE COMMUNITY AND SURROUNDING AREAS. OUR SERVICE-ORIENTED PROFESSIONALS STRIVE FOR EXCELLENCE THROUGH TRAINING AND EDUCATION. OUR ORGANIZATION WILL CONTINUE ITS TRADITION OF COMMUNITY SERVICE THROUGH PUBLIC EDUCATION, PROVIDING SPECIAL EVENT COVERAGE AND GIVING ASSISTANCE TO OTHER EMERGENCY SERVICE PROVIDERS WHEN CALLED UPON. THE CORPS HAS FOLLOWED THIS VISION SINCE 1917 AND WILL CONTINUE TO ASSIST THOSE IN NEED INTO THE FUTURE.

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