Firemens Relief Assn Of Mn
- Assets
- $491.8k
- Revenue
- $28.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Lanesboro, MN
- Founding
- 01/1975
- Data as of
- 12/2021
- EIN
- 41-6080049
Organization Overview
Firemens Relief Assn Of Mn is located in Lanesboro, MN. The organization was established in 1975. 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. As of 12/2021, Firemens Relief Assn Of MN employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Firemens Relief Assn Of MN 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, Firemens Relief Assn Of MN generated $28.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $19.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (27.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS THE ADMINISTRATOR OF A SINGLE-EMPLOYER DEFINED BENEFIT PENSION PLAN AVAILABLE TO VOLUNTEER FIREFIGHTERS IN LANEBORO, MN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION MAINTAINED A SPECIAL PENSION TRUST FUND, GAMBLING FUND AND A GENERAL FUND, AS DEFINED BY MINNESOTA STATUTES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Wagner Trustee | Trustee | 10 | $4,800 |
Jason Harvey President | OfficerTrustee | 5 | $3,600 |
Jerod Wagner Vice Preside | OfficerTrustee | 5 | $0 |
Blaine Harmon Treasurer | OfficerTrustee | 5 | $0 |
Kenneth Graner Secretary | OfficerTrustee | 5 | $0 |
Deane Benson Part Year Tr | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,365 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,640 |
| Total Program Service Revenue | $0 |
| Investment income | $17,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,543 |
| Net Income from Gaming Activities | -$23,461 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,885 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| 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 | $450 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,094 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $201 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $19,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,332 |
| Savings and temporary cash investments | $105,075 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,839 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $832 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $341,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $491,844 |
| Accounts payable and accrued expenses | $32,252 |
| 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 | $32,252 |
| Net assets without donor restrictions | $459,592 |
| Net assets with donor restrictions | $0 |
| 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 | $491,844 |
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 |