Granada Firemens Relief Association
- Assets
- $151.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Granada, MN
- Founding
- 10/2017
- Data as of
- 12/2020
- EIN
- 41-1785047
Organization Overview
Granada Firemens Relief Association is located in Granada, MN. The organization was established in 2017. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granada 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 12/2020, Granada Firemens Relief Association generated $25.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $5.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
MAINTAINED INVESTMENTS TO PROVIDE FUTURE RETIREMENT BENEFITS TO VOLUNTEERS OF THE FIRE DEPARTMENT, PROVIDED FUNDING FOR FIRE DEPARTMENT EQUIPMENT, AND IMPROVED COMMUNITY RELATIONS BETWEEN FIRE DEPARTMENT VOLUNTEERS AND THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Colby Secretary | 1.5 | $250 | |
JD Goraczkowski Chief | 1.5 | $250 | |
Matt Brown Grant Writer | 1.5 | $200 | |
Eric Colby Treasurer | 1 | $150 | |
Adam Steuer Relief Assoc | 1 | $150 | |
Dan Denton Assistant Ch | 1 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $10,240 |
| Membership dues | $0 |
| Investment income | $14,863 |
| Gain or Loss | -$1,586 |
| Net Income from Gaming & Fundraising | $1,350 |
| Other Revenue | $0 |
| Total Revenue | $25,367 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,100 |
| Professional fees and other payments to independent contractors | $2,038 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,317 |
| Total expenses | $5,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,501 |
| Other assets | $0 |
| Total assets | $151,501 |
| Total liabilities | $0 |
| Net assets or fund balances | $151,501 |