Smithsburg Community Volunteer Fire Company Inc

“Phil rohrer ron horn president treasurer family relationship chuckie johnson david johnson vice pres. Director family relationship”

“The organization has volunteer members.”

“The members elect the officers to be the governing body.”

“The form 990 is reviewed by the treasurer and once apporved, the form 990 return is filed with the internal revenue service. It is available for review by any member”

“If the governing body has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the memember of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If the governing body determines the member has failed to disclose the conflict of interest after making further investigation as warranted by the circumstances, it shall take appropriate disciplinary and corrective action.”

“All relevant documents, including form 990, are maintained in the fire hall and are available for inspection upon request. Form 990 can also be viewed on guidestar.org.”

“The object and purpose of said corporation is to protect the property and lives of the citizens of the smithsburg and surrounding community by extinguishing or suppressing fires and provide the community with programs to teach fire safety.”

“Line 32, net assets in-kind services totaling 49,154 was included in capitalized assets in the financial statements in 2021, however per irs regulations, in-kind services are not included as income or expenses for 990 tax return reporting purposes. As a result, a book to tax difference in subsequent years over the 15 year useful life of the assets will occur. To reflect this difference, total fixed asset cost reported on the tax return was reduced by the total in-kind services of 49,154 included in prior year net assets, and current year depreciation expense was reduced by 1,639, the difference in book depreciation and tax depreciation.”