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 31758. Management and general expenses 0. Fundraising expenses 0. Total expenses 31758. Health services: Program service expenses 13760. Management and general expenses 0. Fundraising expenses 0. Total expenses 13760. Parades and departmental activities: Program service expenses 10650. Management and general expenses 0. Fundraising expenses 0. Total expenses 10650. Firematic training and drill team: Program service expenses 10146. Management and general expenses 0. Fundraising expenses 0. Total expenses 10146. Fuel: Program service expenses 9661. Management and general expenses 0. Fundraising expenses 0. Total expenses 9661. Uniforms and badges: Program service expenses 7181. Management and general expenses 0. Fundraising expenses 0. Total expenses 7181. Alarm system: Program service expenses 3145. Management and general expenses 0. Fundraising expenses 0. Total expenses 3145. Rental of real property: Program service expenses 1650. Management and general expenses 0. Fundraising expenses 0. Total expenses 1650. Hydrants: Program service expenses 1524. Management and general expenses 0. Fundraising expenses 0. Total expenses 1524. Payments on indebtedness: Program service expenses 74. Management and general expenses 0. Fundraising expenses 0. Total expenses 74.”