Overview
What is Gaylord Fire Department Relief Association?
The Gaylord Fire Department Relief Association is a nonprofit organization that primarily focuses on offering retirement benefits to dedicated volunteer firefighters. Beyond this, they contribute generously to various community programs, including youth initiatives, scholarships, educational institutions, and vulnerable individuals and groups in need. Their charitable efforts extend to supporting community events like fireworks displays and providing financial assistance to enhance the well-being of Gaylord's citizens. As a responsible organization, they allocate a portion of their funds towards lawful gambling activities, with $16,741 spent on program-related expenses and $80,483 granted to benefit the city of Gaylord directly.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%
The Gaylord Fire Department Relief Association has earned a Three-Star out of Four Star rating with an overall score of 87%, indicating a strong performance in accountability and finance. This score reflects a solid commitment to responsible financial practices, highlighted by an impressive program expense ratio of 93.17%, which suggests that a significant portion of its funds is directed towards its mission-related activities.
The organization boasts a fully independent board, with all ten members meeting the criteria for independence. This structure enhances the integrity of the organization's governance practices. Additionally, it has demonstrated good practices in areas such as conflict of interest policies and document retention, receiving full marks in these categories.
While the organization has shown excellence in its financial accountability, the single beacon score indicates that there may be limited evaluation across other operational areas. Potential donors may want to consider the overall impact and outreach of the organization, beyond just financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Gaylord Fire Department Relief Association legitimate?
Gaylord Fire Department Relief Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaylord Fire Department 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: $2,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Gaylord Fire Department Relief Association?
The Gaylord Fire Department Relief Association's mission is centered around providing retirement benefits to volunteer firefighters. Beyond this, the association is also actively involved in supporting various community initiatives. They extend their aid to youth programs, offer scholarships, contribute to school districts, and assist needy individuals and groups in the community. Furthermore, the association plays a crucial role in funding community events, such as fireworks, and grants benefits to enhance the welfare of all citizens. A significant portion of their funds is allocated towards gambling activities, with $16,741 spent on program expenditures and $80,483 donated to the city of Gaylord.
What is the revenue of Gaylord Fire Department Relief Association?
Gaylord Fire Department Relief Association's revenue in 2023 was $26,039.
Who are the executives of Gaylord Fire Department Relief Association and what are their salaries?
The average compensation at Gaylord Fire Department Relief Association during 2023 was $700. There are 3 employees and 24 volunteers at Gaylord Fire Department Relief Association.
Here are 3 key members and their salaries:
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
Where can I find the form 990 for Gaylord Fire Department Relief Association?
Gaylord Fire Department Relief Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gaylord Fire Department Relief Association
The Gaylord Fire Department Relief Association, in its mission, focuses on providing retirement benefits to volunteer firefighters. Beyond this, the organization extends its support to various community programs. These initiatives include youth programs, scholarships, and aid to school districts, as well as assistance to needy individuals and groups within the community. The association also plays a role in sponsoring community fireworks and grants benefits to enhance the lives of all citizens in Gaylord. In addition to these activities, the Gaylord Fire Department Relief Association allocates funds for lawful gambling, utilizing $16,741 for program expenditures and granting $80,483 to the city of Gaylord.
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Impact
August, 2024
The Gaylord Fire Department Relief Association has a significant impact by providing retirement benefits to volunteer firefighters and supporting various community programs such as youth initiatives, scholarships, school districts, and assistance for those in need. They also contribute to community events like fireworks displays and provide grants that benefit all residents of Gaylord. Through their efforts, they are actively promoting public safety and enhancing the well-being of the community they serve.
This information is meant to be a general summary of Gaylord Fire Department 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 2023.
- Investment Income: $576
- Gross Receipts: $3,738,720
Assets and Liabilities:
- Total Assets: $131,358
- Total Liabilities: $2,788
- Net Assets: $128,570
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Organization Details
Founding Year
1908
Principal Officer
Fred Latzke Jr
NTEE Category
Code: M11 - Public safety
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