Overview
What is Farmington Firefighters Relief Association?
The Farmington Firefighters Relief Association, located at 430 Third Street, Farmington, Minnesota 55024, is a nonprofit organization dedicated to managing public funds. Its primary mission is to offer retirement, disability, survivor, and death benefits to volunteer firefighters and their families, in line with Minnesota State Statutes. In 2022, there were 50 active firefighters, and 12 retired members were entitled to benefits but were not currently receiving them. Beyond financial assistance, the association also focuses on educating the community about fire protection. The organization manages investments and diligently monitors pension and ancillary benefits to ensure the well-being of its beneficiaries.
Is Farmington Firefighters Relief Association legitimate?
Farmington Firefighters Relief Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Farmington Firefighters Relief Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $5,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,400
For more financial information, click here
What is the mission statement of Farmington Firefighters Relief Association?
The Farmington Firefighters Relief Association's mission is primarily focused on two key areas. Firstly, it aims to educate the public about fire protection within the city and its surroundings. Secondly, the association manages and monitors pension and ancillary benefits for volunteer firefighters and their families. It accomplishes this by administering public funds, adhering to Minnesota State Statutes, which provide retirement, disability, survivor, and death benefits for eligible members and their families. In 2022, there were 50 active firefighters, and 12 retired members were entitled to benefits but not currently receiving them.
Who is the CEO of Farmington Firefighters Relief Association?
Jeff Allbee is the President of Farmington Firefighters Relief Association.
What is the revenue of Farmington Firefighters Relief Association?
Farmington Firefighters Relief Association's revenue in 2022 was $573,963.
Who are the executives of Farmington Firefighters Relief Association and what are their salaries?
The average compensation at Farmington Firefighters Relief Association during 2022 was $1,358. There are 6 employees at Farmington Firefighters Relief Association.
Here are 9 key members and their salaries:
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $1,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Farmington Firefighters Relief Association?
Farmington Firefighters Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farmington Firefighters Relief Association
The Farmington Firefighters Relief Association is devoted to a dual mission. Firstly, it aims to educate the community and its surroundings about the importance of fire protection. Secondly, the association manages investments and oversees the provision of pension and ancillary benefits for volunteer firefighters and their families. In line with this mission, the association administers public funds as per Minnesota State Statutes, offering retirement, disability, survivor, and death benefits to its members and their families. In 2022, there were 50 active firefighters, and 12 retired members who were entitled to benefits but were not currently receiving them. The Farmington Firefighters Relief Association plays a crucial role in ensuring the well-being and financial security of its volunteer firefighters and their families.
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Impact
October, 2024
The Farmington Firefighters Relief Association plays a crucial role in supporting the well-being of volunteer firefighters and their families in the Farmington community. By providing pension and ancillary benefits, it ensures that these dedicated individuals receive financial security in retirement, as well as support in cases of disability or loss.
In 2022, with 50 active firefighters and 12 retired members eligible for benefits, the association managed public funds that align with Minnesota State Statutes. This commitment not only protects the financial future of firefighters but also reinforces their invaluable contributions to public safety in Farmington and surrounding areas.
Additionally, the association is dedicated to educating the community on fire protection, enhancing safety awareness, and fostering a supportive environment for those who serve. By monitoring investments and managing benefits effectively, the Farmington Firefighters Relief Association has a significant and positive impact on the lives of its members and the community at large.
This information is meant to be a general summary of Farmington Firefighters Relief Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $158,503
- Gross Receipts: $6,060,338
Assets and Liabilities:
- Total Assets: $4,105,371
- Total Liabilities: $13,833
- Net Assets: $4,091,538
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Organization Details
Founding Year
1911
Phone
(651) 280-6953Principal Officer
Jeff Allbee
Main Address
430 Third Street, Farmington, MN, 55024
NTEE Category
Code: M20 - Public safety
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