Albion Fire District Inc

“Two of the members of the the board of fire commissioners are related. Board member jason gagnon is the son of board member jean gagnon. However during fiscal 2018 jason changed legal residence and resigned his position on the board in july 2019. This relationship remains disclosed in the 2019 return since both members received a w-2 in calendar year 2019 from the district and the compensation is reported as such in part vii of form 990.”

“The fire district has filed the form 990 at the direction of the irs and based on how the entity initially filed years ago. The district believes that it should be exempt from filing the 990 as it is a governmental entity which was created through legislative action of the state of rhode island. However the district continues to file the form 990 in accordance with the irs request. Currently the district treasurer reviews the tax return prior to filing and a copy is made available to all members of the board for review and approval prior to filing. A copy of the return is made available for public inspection at the district office once it has been filed.”

“Copies of the districts annual compiled financial statements, tax returns, corporate charter, by-laws and all governing documents are available at the district's office located at 38 school street, albion, rhode island. These documents are made available upon request. Annually the district has a taxpayer meeting at which time the annual budget is adopted,compiled financial statements are available for review and resolutions are passed by the taxpayers.”

“The district treasurer and fire chief review the initial draft of the compiled financial statements and work with the independent cpa during the compilation process. The final draft is then provided to the entire board for approval prior to issuance of the final report. This process has not changed from prior years.”