Lakeville Volunteer Fire Dept Relief Assn

Organization Overview

Lakeville Volunteer Fire Dept Relief Assn is located in Lakeville, MN. The organization was established in 1946. 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 12/2021, Lakeville Volunteer Fire Dept Relief Assn employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeville Volunteer Fire Dept Relief Assn is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Lakeville Volunteer Fire Dept Relief Assn generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $787.5k during the year ending 12/2021. While expenses have increased by 18.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FIREFIGHTERS WHO ARE MEMBERS OF THE LAKEVILLE MUNICIPAL FIRE DEPARTMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

PENSION BENEFITS PAID TO FOUR RETIRED FIREFIGHTERS IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Jesse Nergard
Secretary
$2,400
Derrick Gaborski
Treasurer
$2,400
Jerilyn Erickson
Ex-Officio City Finance Director
$0
Todd Monson
Trustee
$0
Mike Jones
President
$0
Dan Quam
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$17,055
Related organizations$0
Government grants $434,690
All other contributions, gifts, grants, and similar amounts not included above$14,033
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$465,778
Total Program Service Revenue$0
Investment income $1,871,405
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,337,183

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