Volunteer Firemens Benefit Association

Organization Overview

Volunteer Firemens Benefit Association is located in Detroit Lakes, MN. The organization was established in 1948. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Volunteer Firemens Benefit Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volunteer Firemens Benefit Association is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.

For the year ending 12/2023, Volunteer Firemens Benefit Association generated $236.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $153.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE, ESTABLISH AND MAINTAIN FUNDS AVAILABLE FOR THE RELIEF AND SUPPORT OF SICK, INJURED OR DISABLED FIREFIGHTERS AND TO PROVIDE ACCIDENTAL DEATH OR DISMEMBERMENT BENEFITS TO MEMBERS OF THE ASSOCIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES LIFE AND DISABILITY INSURANCE FOR MEMBERS AND VOLUNTEER FIREFIGHTERS IN MINNESOTA.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Steve Spaeth
Secretary
$31,184
Tom Linhoff
President
$6,192
Gregory Taylor
Treasurer
$6,000
Ross Martin
Director
$0
Barry Nelson
Director
$0
Chad Rasmussen
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$165,558
Fundraising events$0
Related organizations$0
Government grants $0
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$165,558
Total Program Service Revenue$0
Investment income $41,058
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $29,535
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $236,151

Peer Organizations

Organization NameAssets
Eagan Volunteer Firemans Relief Association
Eagan, MN
$43,382
Bloomington Fire Dept Relief Assoc
Bloomington, MN
$2,443,850
Hermantown Volunteer Fire Dept
Hermantown, MN
$639,631
Spring Lake Park Fire Dept Inc
Spring Lake Park, MN
$3,680,093
Lake Johanna Volunteer Fire Department
Shoreview, MN
$3,761,300
Elk River Fire & Ambulance Service
Elk River, MN
$2,675,617
Sun Prairie Fire & Rescue Company
Sun Prairie, WI
$2,506,534
Tess Corners Volunteer Fire Dept
Muskego, WI
$1,201,908
Eden Prairie Fire Fighters Relief Association
Eden Prairie, MN
$1,184,492
Dover Firemans Relief Association
Dover, MN
$1,598,065
Firemens Relief Assns Of Minn City Of Minnetonka Association
Minnetonka, MN
$882,162
Maple Grove Firemens Relief Association
Maple Grove, MN
$2,718,005
Mckenzie County Ambulance Service
Watford City, ND
$1,564,074
Albertville Fire Dept Relief Assoc
Albertville, MN
$213,982
North Dakota Firefighters Association
Bismarck, ND
$1,972,594
Firemens Relief Assns Of Minn Roseville Assn
Roseville, MN
$49,090
Firemens Relief Assns Of Minn Pequot Lake Assn
Pequot Lakes, MN
$160,939
International Association Of Fire Fighters
Milwaukee, WI
$887,877
Tioga Fire Department
Tioga, ND
$2,905,562
Minnesota State Fire Department Association
Isanti, MN
$733,955
Lake Johanna Volunteer Firemens Benefit Association Inc
Shoreview, MN
$673,787
Violence Intervention Project Inc
Algoma, WI
$799,813
Twin Lakes Volunteer Fire Department And Rescue Squad
Twin Lakes, WI
$901,996
Inver Grove Heights Firefighters Relief Association
Inver Grove Heights, MN
$483,202
Savage Fire Dept Relief Association
Savage, MN
$345,146

Create an account to unlock the data you need.

or