Civic Intelligence

Hoboken Volunteer Ambulance Corp

EIN 22-1997188 • 501(c)3 • Hoboken, NJ

Pub. 78 Eligible

Profile

The Hoboken Volunteer Ambulance Corp the Corp provides BLS level emergency medical services to the residents and visitors in the City Hoboken and the surrounding communities. The Corp provides these services at no charge to its patients and is entirely supported by the volunteer hours of its members and the financial support of its donors.

707 Clinton StreetHoboken, NJ 07030

www.hobokenems.com

Siviq Scores

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

Liabilities / Assets

65th percentile

0.12x

Higher debt load relative to assets than 65% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

68th percentile

0.14x

Higher debt load relative to revenue than 68% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2025

Net Margin

58th percentile

13%

Higher net margin than 58% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE E • $500k-$1M nonprofits • Source year 2025

Asset Growth

76th percentile

28%

Faster asset growth than 76% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

13%

Faster revenue growth than 55% of similar nonprofits.

NTEE E • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$642,705

Up $138,754 (+28%) from 2024

Liabilities

Up

$77,436

Up $67,436 (+674%) from 2024

Net Assets

Up

$565,269

Up $71,318 (+14%) from 2024

Revenue

Up

$555,827

Up $64,922 (+13%) from 2024

Expenses

Up

$485,028

Up $95,473 (+25%) from 2024

Net Income

Down

$70,799

Down $30,551 (-30%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $149,741Liabilities 2011: $81,8762011Assets 2012: $108,026Liabilities 2012: $73,8342012Assets 2013: $520,236Liabilities 2013: $355Net Assets 2013: $519,8812013Assets 2014: $550,353Liabilities 2014: $33,261Net Assets 2014: $517,0922014Assets 2015: $400,613Liabilities 2015: $24,991Net Assets 2015: $375,6222015Assets 2016: $282,062Liabilities 2016: $35,899Net Assets 2016: $246,1632016Assets 2017: $180,948Liabilities 2017: $49,419Net Assets 2017: $131,5292017Assets 2019: $214,761Liabilities 2019: $13,732Net Assets 2019: $201,0292019Assets 2020: $342,001Liabilities 2020: $106,249Net Assets 2020: $235,7522020Assets 2021: $289,585Liabilities 2021: $99,517Net Assets 2021: $190,0682021Assets 2022: $392,473Liabilities 2022: $150,216Net Assets 2022: $242,2572022Assets 2023: $470,241Liabilities 2023: $76,404Net Assets 2023: $393,8372023Assets 2024: $503,951Liabilities 2024: $10,000Net Assets 2024: $493,9512024Assets 2025: $642,705Liabilities 2025: $77,436Net Assets 2025: $565,2692025

Highlighted filing

2025

Assets$642,705
Liabilities$77,436
Net Assets$565,269

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $110,901Expenses 2011: $134,594Net Income 2011: -$23,6932011Revenue 2012: $127,625Expenses 2012: $161,298Net Income 2012: -$33,6732012Revenue 2013: $711,607Expenses 2013: $225,918Net Income 2013: $485,6892013Revenue 2014: $159,031Expenses 2014: $238,578Net Income 2014: -$79,5472014Revenue 2015: $103,646Expenses 2015: $245,460Net Income 2015: -$141,8142015Revenue 2016: $102,910Expenses 2016: $232,287Net Income 2016: -$129,3772016Revenue 2017: $136,804Expenses 2017: $251,438Net Income 2017: -$114,6342017Revenue 2019: $400,637Expenses 2019: $412,394Net Income 2019: -$11,7572019Revenue 2020: $459,969Expenses 2020: $425,246Net Income 2020: $34,7232020Revenue 2021: $347,223Expenses 2021: $387,791Net Income 2021: -$40,5682021Revenue 2022: $501,064Expenses 2022: $448,971Net Income 2022: $52,0932022Revenue 2023: $467,925Expenses 2023: $314,750Net Income 2023: $153,1752023Revenue 2024: $490,905Expenses 2024: $389,555Net Income 2024: $101,3502024Revenue 2025: $555,827Expenses 2025: $485,028Net Income 2025: $70,7992025

Highlighted filing

2025

Revenue$555,827
Expenses$485,028
Net Income$70,799

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.43$0.77$5.65$5.56$4.85$0.71
2024Detailed filing. Detailed filing data is available for this year.$5.04$0.10$4.94$4.91$3.90$1.01
2023Detailed filing. Detailed filing data is available for this year.$4.70$0.76$3.94$4.68$3.15$1.53
2022Detailed filing. Detailed filing data is available for this year.$3.92$1.50$2.42$5.01$4.49$0.52
2021Detailed filing. Detailed filing data is available for this year.$2.90$1.00$1.90$3.47$3.88$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.42$1.06$2.36$4.60$4.25$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.15$0.14$2.01$4.01$4.12$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.49$1.32$1.37$2.51$1.15
2016Detailed filing. Detailed filing data is available for this year.$2.82$0.36$2.46$1.03$2.32$1.29
2015Detailed filing. Detailed filing data is available for this year.$4.01$0.25$3.76$1.04$2.45$1.42
2014Summary only. Only limited summary data is available for this year.$5.50$0.33$5.17$1.59$2.39$0.80
2013Summary only. Only limited summary data is available for this year.$5.20$0.00$5.20$7.12$2.26$4.86
2012Summary only. Only limited summary data is available for this year.$1.08$0.74$1.28$1.61$0.34
2011Summary only. Only limited summary data is available for this year.$1.50$0.82$1.11$1.35$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$555,827
Mission and Program Overview

Mission

The entity provides free emergency medical and transportation to the city of Hoboken, NJ. The primary area is Hoboken, NJ, but mutual aid is also provide to surrounding cities.

The Hoboken Volunteer Ambulance Corp the Corp provides BLS level emergency medical services and patient transportation services to the residents in the City of Hoboken, NJ and to surrounding communities as a secondary mutual aid service provider at no charge to the patient. The Corp has been serving Hoboken since 1971 and is entirely volunteer run and donor supported. In addition to the BLS level emergency services, the Corp provides CPR certification classes and EMS Stand-by services for events held in Hoboken.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$493,951$565,269▲ $71,318
Pledges and Grants Receivable$182,208$261,021▲ $78,813
Land, Buildings, and Equipment, Net$120,366$247,652▲ $127,286
Cash and Non-Interest-Bearing Accounts$161,377$81,467▼ $79,910
Accounts Receivable$40,000$40,000→ $0
Prepaid Expenses and Deferred Charges-$12,565-
Loans From Officers Directors$10,000--
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$503,951$642,705▲ $138,754
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$77,436-
Total Liabilities$10,000$77,436▲ $67,436
Net Assets / Fund Balance
Total Net Assets Fund Balance$493,951$565,269▲ $71,318
Total Liabilities and Net Assets / Fund Balance$503,951$642,705▲ $138,754

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$247,652$907,797$1,155,449
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$541,088
Program Service Revenue
$0
Investment Income
$19
Other Revenue
$14,720
All Other Contributions
$61,088
Change in Net Assets
$70,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$485,028
Total Fundraising Expense$7,139
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$309,217--$309,217
Depreciation Depletion$42,258--$42,258
All Other Expenses$23,175--$23,175
Other Expenses$3,095$17,280$7,139$17,280
Interest$5,456--$5,456
Conferences and Meetings$387$1,354-$1,741
Total Functional Expenses$445,127$32,762$7,139$485,028
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$10,000--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Two of the 2nd Lieutenants are married to each other; however, neither report to the other and are separated by the chain of command through unrelated officers, the 1st Lt and the Captain.

Form 990, Part VI, Section A, Line 6

The Corp relies on volunteer members to join and serve in operating roles as EMTs, Drivers, Observers as well as serve in non operating roles supporting the activities of the Corp's administration, fundraising, social media, IT and communications. Membership classifications include EMT, Life, Honorary, Junior, Observer and Auxilary. Member statuses include probationary, active, inactive and leave of absence. All Members who are in good standing in accordance with the Corp operating ByLaws are eligible to vote at monthly meetings, special meetings and the bi-annual elections where Officers are selected and the Corp Leadership established.

Form 990, Part VI, Section A, Line 7A

The Corp Members who are in good standing control the organization and vote at monthly membership meetings.

Form 990, Part VI, Section A, Line 7B

All Corp corporate governance decisions are voted on by the members.

Form 990, Part VI, Section B, Line 11B

The President and the Treasurer review the annual Form 990 each year prior to its filing. A copy of the Form 990 is also distributed to officers and trustees for their review and to solicit feedback and comment prior to submission to the IRS. In addition, the Corp utilizes the services of an outside accountant when required to assist with the preparation of the Federal filing.

Form 990, Part VI, Section B, Line 12C

Members elect administrative and operating officers who are charged with the responsibility to monitor and enforce Corp Bylaws and Operating protocols to ensure the safety of team members, the community and the safeguarding of Corp assets. These Corp operating documents include clear procedures to report incidents or violations of Corp rules. In addition, a formal Grievance Committee exists to review any Member's status involving suspension or termination. Finally, the Officers, Directors and Trustees self-certify annually.

Form 990, Part VI, Section C, Line 18

As a public document, the Corp's Federal Form 990 is available upon request and also is published and available on public websites such as Guidestar.

Form 990, Part VI, Section C, Line 19

Governing documents are posted on the Membership Portal and available to all active members. Financial statements and financial operating information are discussed and shared at regularly scheduled member meetings or available upon request by any member. In addition, the annual Federal tax filing is a public document available upon request or from third party websites such as Guidestar.

Filing and Contact Details

Filer

Filer Name
Hoboken Volunteer Ambulance Corp
EIN
22-1997188
Phone
2014202135
Address
707 Clinton Street, Hoboken, NJ 07030

Signing Officer

Name
Thomas Molta
Title
President
Signed
2025-11-15

Organization Details

Formed
1971
Legal Domicile
Nj
Voting Board Members
94
Independent Board Members
0
Employees
0
Volunteers
200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior Period Adjustment Reversed = $0

Form 990, Part XI, Line 9

Prior Period Adjustment = $519

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IRS990/Form990PartVIISectionAGrp/PersonNm1BJ Weschke
IRS990/Form990PartVIISectionAGrp/PersonNm2Nicole Yang
IRS990/Form990PartVIISectionAGrp/PersonNm3Malaika Aziz
IRS990/Form990PartVIISectionAGrp/PersonNm4Joseph Zelasko Captain
IRS990/Form990PartVIISectionAGrp/PersonNm5Phillip Alexander 1st Lieutenant
IRS990/Form990PartVIISectionAGrp/PersonNm6Yuriy Rusko 2nd Lieutenant Vehicles
IRS990/Form990PartVIISectionAGrp/PersonNm7Sandy Shaw 2nd Lieutenant Training
IRS990/Form990PartVIISectionAGrp/PersonNm8Emma Barakat 2nd Lieutenant Supplie
IRS990/Form990PartVIISectionAGrp/PersonNm9Pax Ardanz 2nd Lieutenant Bldg
IRS990/Form990PartVIISectionAGrp/PersonNm10Christopher Monrroy 2nd Lieutenant
IRS990/Form990PartVIISectionAGrp/PersonNm11William Kron
IRS990/Form990PartVIISectionAGrp/PersonNm12Erica Seitzman
IRS990/Form990PartVIISectionAGrp/PersonNm13Ralph Gallo
IRS990/Form990PartVIISectionAGrp/PersonNm14Buddy Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm15Craig Sorkin Medical Director
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