Bowmanstown Volunteer Fire Company

“Certain members of the board of directors are related to each other: jean guldner and lori snyder,kristy spairana, and michael spairana iii”

“The organization is made up of three classes of members: active firefighters membership, social membership, and junior firefighter membership.”

“The members, upon establishing voting privileges, have the right to vote for the governing board and its officers annually.”

“Board of directors actions and decisions are mandated and approved by the general membership.”

“The board of directors meet monthly. The meetings and actions of the board of directors are documented by written minutes of meetings.”

“The accounting firm completes an annual compilation and subsequently prepares the financial statements and the annual form 990. This information is reviewed with the governing board for approval. This annual information is made available for public inspection upon request.”

“The stated wages that are paid to executive positions are reviewed and approved annually by the board of directors.”

“The governing board of directors maintains the responsibility for oversight and approval of the financial reporting process.”

“The organizations directors, officers, and trustees must act at all times in the best interest of the organization. Directors, officers, and trustees shall disclose all potential and actual conflicts of interest annually. Directors, officers, and trustees are given a copy of the conflict of interest guidelines along with an acknowledgement and disclosure form. All board members are required to read the conflict of interest policy and agree to comply fully with its terms and conditions. All board members are required to return the acknowledgement and disclosure form to the organizations office. The acknowledgement and disclosure forms are updated upon request or updated upon changes to board members status.”

“The financial statements have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than generally accepted accounting principles. The form 990 has been formulated and prepared using the same methods as the financial statements.”

“Other revenue, lines 6a, 8a, and 9a: income derived from grove rentals and special events such as raffles and lotteries, social area activity, and fundraisers such as monthly dinners, breakfasts, and calendar lottery helps support the organization maintain a level of income necessary to fulfill the obligations and expenses occurring at the organization level. Substantially all the work and time relative to these various sources of support is provided by volunteers from the community. Without such support from special events and activities conducted with the help of volunteers, the organization could not maintain its facilities, such as the building and fire fighting vehicles and equipment which are essential for providing fire fighting services to the borough of bowmanstown and surrounding communities.”