Funkstown Volunteer Fire Co Inc

“On February 16, 2024 the IRS amended the tax exempt status from 501(c)(4) to 501(c)(3). No other changes made in organizational structure. The code section change was made to reflect current statues for a volunteer fire company.”

“Single class of voting membership for organization. All members have equal rights. No stock is issued.”

“All members have voting rights. Voting rights per the bylaws allow for the election of all officers and the approval of all purchases and expenditures.”

“All decisions of the governing body are subject to approval by members.”

“Each meeting of the governing body is recorded by the recording secretary. All minutes are recorded in the minute books and are available for public inspection.”

“Each committee meeting of the governing body is recorded by the recording secretary. All minutes are recorded in the minute books and are available for public inspection.”

“Double entry bookkeeping is used with quickbooks software. Financials are reviewed by an internal audit committee and also by the washington county maryland treasurers office to comply with county grant funding. Records are then turned over to a certified public accountant for the completion of the income tax return. Tax forms are prepared and signed for by an officer of the corporation prior to filing.”

“The corporation has a conflict of interest policy to prevent unfair and unauthorized spending and compensation. No violation was recorded during the year.”

“Form 990 and all minutes and supporting files are available to the public for a minimum copy fee at the address of record, 2 s westside ave, funkstown md.”