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 Chief 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 26275. Management and general expenses 0. Fundraising expenses 0. Total expenses 26275. Health services: Program service expenses 18011. Management and general expenses 0. Fundraising expenses 0. Total expenses 18011. Fuel: Program service expenses 7871. Management and general expenses 0. Fundraising expenses 0. Total expenses 7871. Apperal: Program service expenses 5713. Management and general expenses 0. Fundraising expenses 0. Total expenses 5713. Uniforms and badges: Program service expenses 5666. Management and general expenses 0. Fundraising expenses 0. Total expenses 5666. Parades and departmental activities: Program service expenses 4435. Management and general expenses 0. Fundraising expenses 0. Total expenses 4435. Alarm system: Program service expenses 3082. Management and general expenses 0. Fundraising expenses 0. Total expenses 3082. Firematic training and drill team: Program service expenses 2281. Management and general expenses 0. Fundraising expenses 0. Total expenses 2281. Hydrants: Program service expenses 1807. Management and general expenses 0. Fundraising expenses 0. Total expenses 1807. Rental of real property: Program service expenses 1650. Management and general expenses 0. Fundraising expenses 0. Total expenses 1650. Bank services: Program service expenses 0. Management and general expenses 144. Fundraising expenses 0. Total expenses 144.”