Overview
What is Northfield Fire Department Relief Association?
The Northfield Fire Department Relief Association, situated in Northfield, Minnesota at 301 W 5th St, serves as the manager of a pension plan specifically designed for active and retired volunteer firefighters in the community. Established with the primary mission of providing retirement benefits, the Association is committed to ensuring the financial security of these dedicated individuals who contribute significantly to public safety. With a workforce of 21 individuals, the Association plays a vital role in recognizing and supporting the retirement needs of the city's volunteer firefighters.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Northfield Fire Department Relief Association has received an 86% rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating is entirely based on their accountability and finance score, showcasing the organization’s commitment to transparency and responsible financial management.
Key strengths of the association include its fully independent board, which consists of 100% independent members, and a high program expense ratio of 99.28%, ensuring that nearly all funds are directed towards its mission. Additionally, the organization exhibits strong governance practices, such as documented board meeting minutes and an established conflict of interest policy.
While the organization demonstrates robust financial health and governance, there are no noted limitations in the available data. The absence of any material diversion of assets reflects the integrity of the organization, reinforcing confidence in its operational practices. Overall, the Northfield Fire Department Relief Association stands out as a responsible and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Northfield Fire Department Relief Association legitimate?
Northfield Fire Department Relief Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northfield 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: $567
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Northfield Fire Department Relief Association?
The Northfield Fire Department Relief Association's primary mission is centered around providing retirement benefits. In this role, the association serves as the administrator of a defined benefit pension plan, extending these benefits to both active and retired volunteer firefighters. The association's purpose is to ensure a secure financial future for these dedicated individuals who have selflessly served their community as volunteer firefighters.
Who is the CEO of Northfield Fire Department Relief Association?
Andrew Tussing is the President of Northfield Fire Department Relief Association.
What is the revenue of Northfield Fire Department Relief Association?
Northfield Fire Department Relief Association's revenue in 2022 was $939,628.
Who are the executives of Northfield Fire Department Relief Association and what are their salaries?
The average compensation at Northfield Fire Department Relief Association during 2022 was $27. There are 21 employees and 30 volunteers at Northfield Fire Department Relief Association.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $167
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northfield Fire Department Relief Association?
Northfield Fire Department Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northfield Fire Department Relief Association
The Northfield Fire Department Relief Association is dedicated to fulfilling a significant mission. This mission revolves around providing retirement benefits to the dedicated volunteers serving as firefighters within the organization. Acting as the administrator of a defined benefit pension plan, the Association ensures that both active and retired Northfield firefighters have access to this crucial benefit. This support is crucial in acknowledging and appreciating the lifelong commitment and service these volunteers offer to their community. The Northfield Fire Department Relief Association's mission plays a significant role in ensuring that these dedicated individuals have financial security in their retirement years, recognizing their invaluable contributions to community safety.
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Impact
July, 2024
The Northfield Fire Department Relief Association's impact is significant in providing retirement benefits to volunteer firefighters in Northfield, Minnesota. They administer a defined benefit pension plan for active and retired firefighters, ensuring financial security for those who have dedicated their time and effort to serving the community. This support plays a crucial role in recognizing and valuing the contributions of volunteer firefighters, promoting public safety, and enhancing the well-being of those who have served selflessly in protecting the community.
This information is meant to be a general summary of Northfield 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 2022.
- Investment Income: $478,653
- Gross Receipts: $9,985,364
Assets and Liabilities:
- Total Assets: $5,648,306
- Total Liabilities: $10,355
- Net Assets: $5,637,951
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Organization Details
Founding Year
1910
Phone
(651) 460-6166Principal Officer
Andrew Tussing
Main Address
301 W 5th St, Northfield, MN, 55057
NTEE Category
Code: M11 - Public safety
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