Atlantic Steamer Fire Co No 1 Inc.

“The Board of Directors first meets with the Independent Auditor to review the audited financial statements. Once the audited financial statements have been approved the accountant assists the Board in the preparation of the annual IRS 990 and NYS CHAR 500 informational returns. A draft of the proposed 990 and CHAR 500 is provided to the entire Board of Directors, the Chief instructs each Member and Officer to review the statements, after the review period, the Cheif asks the governing body for their formal approval of the DRAFT REPORT before he signs and submits the returns.”

“While the Company does not currently have a paid Executive or Manager; if and when a paid executive is needed they will benchmark compensation and benefits against peer groups in the NY metropolitan area.”

“The Company's organizing documents, Form 1024, (most recent) Form 990, CHAR 500 and Audited Financial Statements are available at the NYS Office of Attorney General's Charity Bureau Website. Guidestar lists the most recent 990. Additionally this information is made available upon request.”

“Annual inspection: Program service expenses 24644. Management and general expenses 0. Fundraising expenses 0. Total expenses 24644. Health services: Program service expenses 19578. Management and general expenses 0. Fundraising expenses 0. Total expenses 19578. Fuel: Program service expenses 17700. Management and general expenses 0. Fundraising expenses 0. Total expenses 17700. Parades and departmental activities: Program service expenses 12656. Management and general expenses 0. Fundraising expenses 0. Total expenses 12656. Uniforms and badges: Program service expenses 9637. Management and general expenses 0. Fundraising expenses 0. Total expenses 9637. Heating oil and natural gas: Program service expenses 9179. Management and general expenses 0. Fundraising expenses 0. Total expenses 9179. Firematic training and drill team: Program service expenses 4750. Management and general expenses 0. Fundraising expenses 0. Total expenses 4750. Alarm system: Program service expenses 2799. Management and general expenses 0. Fundraising expenses 0. Total expenses 2799. Rental of real property: Program service expenses 1950. Management and general expenses 0. Fundraising expenses 0. Total expenses 1950. Hydrants: Program service expenses 845. Management and general expenses 0. Fundraising expenses 0. Total expenses 845. Bank services: Program service expenses 0. Management and general expenses 1. Fundraising expenses 0. Total expenses 1.”