Long Lake Volunteer Firemens Relief Association
- Assets
- $3.1m
- Revenue
- $171.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, MN
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 36-4673299
Organization Overview
Long Lake Volunteer Firemens Relief Association is located in Orono, MN. The organization was established in 2010. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Lake Volunteer Firemens Relief Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Long Lake Volunteer Firemens Relief Association generated $171.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $45.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RETIREMENT BENEFITS TO VOLUNTEER FIREFIGHTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION IS THE ADMINISTRATOR OF A DEFINED BENEFIT PENSION PLAN AVAILABLE TO ACTIVE AND RETIRED LONG LAKE FIREFIGHTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Krahl President | OfficerTrustee | 5 | $500 |
Chris Adams Secretary | OfficerTrustee | 3 | $500 |
Ted Woychick Treasurer | OfficerTrustee | 5 | $500 |
Kelly Shaughnessy Trustee | Trustee | 1 | $500 |
Ryan Kanive Vice President | OfficerTrustee | 5 | $0 |
Ryan Hoster Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,400 |
| Related organizations | $0 |
| Government grants | $144,261 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,661 |
| Total Program Service Revenue | $0 |
| Investment income | $38 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,803 |
| Net Income from Fundraising Events | $16,019 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,373 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $145 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $623 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,043 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $45,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,790 |
| Savings and temporary cash investments | $88,090 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,998,851 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,115,731 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $115,282 |
| Net assets with donor restrictions | $3,000,449 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,115,731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Long Lake Volunteer Firemens Relief Association has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Rodney And Barbara Burwell Family Foundation Bloomington, MN PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sioux Center Fire Fighters Association Sioux Center, IA | $182,021 | $0 |
Kewaunee Fire Department Auxiliary Inc Kewaunee, WI | $139,197 | $0 |
New Hampton Firefighters Association New Hampton, IA | $160,703 | $60,339 |
Mount Horeb Volunteers Inc Mount Horeb, WI | $167,681 | $76,603 |
Pipestone Firemans Relief Association Pipestone, MN | $1,348,389 | $114,095 |
Mora Fire Department Relief Association Mora, MN | $1,231,879 | $148,947 |
New Prague Volunteer Firemens Relief Association New Prague, MN | $1,358,683 | $192,085 |
Long Lake Volunteer Firemens Relief Association Orono, MN | $3,115,731 | $171,521 |
Granville Fire & Ems Association Granville, IA | $45,711 | $0 |
Sergeant Bluff Fire Rescue And Emsfoundation Inc Sergeant Bluff, IA | $210,717 | $0 |
Town Of Rome Fire Dept Fund Inc Nekoosa, WI | $64,716 | $0 |
Holstein Fire & Ambulance Association Holstein, IA | $549,166 | $92,443 |