Lindstrom Volunteer Firemans Relief Association
- Assets
- $1.3m
- Revenue
- $222.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Lindstrom, MN
- Founding
- 03/2007
- Data as of
- 12/2023
- EIN
- 41-1732714
Organization Overview
Lindstrom Volunteer Firemans Relief Association is located in Lindstrom, MN. The organization was established in 2007. According to its NTEE Classification (M12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Lindstrom Volunteer Firemans Relief Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lindstrom Volunteer Firemans 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 12/2023, Lindstrom Volunteer Firemans Relief Association generated $222.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $157.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADMINISTRATION OF RETIREMENT BENEFITS TO VOLUNTEER FIREFIGHTERS.
Describe the Organization's Program Activity:
THE ASSOCIATION IS THE ADMINISTRATOR OF A DEFINED BENEFIT PENSION PLAN AVAILABLE TO ACTIVE AND RETIRED LINDSTROM FIREFIGHTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Peterson President | OfficerTrustee | 1 | $0 |
Daniel Rogers Vice President | OfficerTrustee | 1 | $0 |
David Peck Secretary | OfficerTrustee | 2 | $0 |
Steven Wagner Treasurer | OfficerTrustee | 2 | $0 |
Brandon Kelly Trustee | Trustee | 1 | $0 |
Tyler Perry Trustee | Trustee | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $921 |
| Related organizations | $0 |
| Government grants | $63,748 |
| 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 | $64,669 |
| Total Program Service Revenue | $0 |
| Investment income | $30,707 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,457 |
| Net Income from Fundraising Events | $362 |
| Net Income from Gaming Activities | $121,706 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,499 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,875 |
| Grants and other assistance to domestic individuals. | $20,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $20,220 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $8,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,989 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100 |
| 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 | $128 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $157,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $63,749 |
| 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 | $1,140,742 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,253,106 |
| Accounts payable and accrued expenses | $240 |
| 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 | $240 |
| Net assets without donor restrictions | $48,375 |
| Net assets with donor restrictions | $1,204,491 |
| 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 | $1,253,106 |