Granite Falls Firemans Relief Association
- Assets
- $107.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Granite Falls, MN
- Founding
- 05/1973
- Data as of
- 12/2021
- EIN
- 41-6040996
Organization Overview
Granite Falls Firemans Relief Association is located in Granite Falls, MN. The organization was established in 1973. According to its NTEE Classification (M03) the organization is classified as: Professional Societies & Associations, 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. Granite Falls Firemans Relief Association 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, Granite Falls Firemans Relief Association generated $52.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. While expenses have increased by 0.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE FIRE RELIEF ASSOCIATION IS TO PROVIDE RETIREMENT BENEFITS TO THE VOLUNTEER FIRE DEPARTMENT MEMBERS. THE VOLUNTEER FIRE DEPARTMENT MEMBERS WORK TOGETHER IN FIGHTING FIRES AND PROVIDING EMERGENCY SERVICES TO THE CITY OF GRANITE FALLS. OTHER ACTIVITIES INCLUDE FIRE PROTECTION EDUCATION TO THE COMMUNITY, A DANCE FUNDRAISER, A FUNDRAISING RAFFLE, AND A COMMUNITY PORK FEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Nielsen Treasurer | 1 | $1,250 | |
Ryan Haar Secretary | 1 | $750 | |
Alvin Howell Vice Preside | 1 | $250 | |
Evan Knudson President | 1 | $0 | |
Craig Oftedahl Fire Chief | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,815 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,120 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,405 |
| Other Revenue | $0 |
| Total Revenue | $52,381 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,426 |
| Professional fees and other payments to independent contractors | $1,899 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,090 |
| Total expenses | $28,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,079 |
| Other assets | $0 |
| Total assets | $107,383 |
| Total liabilities | $348 |
| Net assets or fund balances | $107,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chanhassen Firefighters Relief Association Chanhassen, MN | $2,777,324 | $264,536 |
Minnesota State Fire Chiefs Assn Inc Milwaukee, WI | $531,624 | $375,247 |
Ramsey Firefighters Relief Association Ramsey, MN | $4,975,171 | $346,166 |
Northern Region Association Of Safety Professionals Fargo, ND | $63,628 | $0 |
Granite Falls Firemans Relief Association Granite Falls, MN | $107,383 | $0 |
Firemens Relief Assn Of Mn Lanesboro, MN | $491,844 | $28,885 |