Overview
What is Holdingford Fire Department Relief Assn?
The Holdingford Fire Department Relief Association is a nonprofit organization, situated within the jurisdiction of relevant state laws. Its primary mission is to ensure the financial security of its volunteer firefighters and rescue team members by providing pension benefits. This organization serves as a safety net for these dedicated individuals, ensuring they receive retirement benefits in accordance with the state's specifications.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating.
The Holdingford Fire Department Relief Association has received a moderate rating, indicating some strengths in its governance and financial accountability. The organization boasts a fully independent board with strong metrics in areas such as material diversion of assets and a favorable liabilities to assets ratio. Additionally, it allocates a significant portion of its budget to program expenses, reflecting a commitment to its mission.
However, the organization faces notable limitations regarding transparency and operational policies. The absence of key documents such as a conflict of interest policy, whistleblower policy, and meeting minutes indicates areas for improvement. Furthermore, the lack of a publicly accessible website for essential tax documents may hinder stakeholder trust and engagement, ultimately impacting its overall rating.
In summary, while the Holdingford Fire Department Relief Association demonstrates a solid commitment to financial responsibility, enhancing transparency and policy frameworks could significantly benefit its operations and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Holdingford Fire Department Relief Assn legitimate?
Holdingford Fire Department Relief Assn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holdingford Fire Department Relief Assn 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Holdingford Fire Department Relief Assn?
The Holdingford Fire Department Relief Association's primary mission is to provide retirement benefits for its volunteer firemen and rescue members, as mandated by state law. This organization dedicates its income towards ensuring the financial security of its firefighters and rescuers in their retirement years. The association plays a crucial role in safeguarding the future of those who selflessly serve their community in times of need.
Who is the CEO of Holdingford Fire Department Relief Assn?
Melvin Breth is the Director of Holdingford Fire Department Relief Assn.
What is the revenue of Holdingford Fire Department Relief Assn?
Holdingford Fire Department Relief Assn's revenue in 2021 was $146,969.
Who are the executives of Holdingford Fire Department Relief Assn and what are their salaries?
There are 3 employees and 23 volunteers at Holdingford Fire Department Relief Assn.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Holdingford Fire Department Relief Assn?
Holdingford Fire Department Relief Assn's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Holdingford Fire Department Relief Assn
The Holdingford Fire Department Relief Association is dedicated to providing retirement benefits for its volunteer firemen and rescue members, as mandated by state law. This nonprofit organization plays a crucial role in ensuring the financial security of its members once they retire from their service. By funding their pensions, the Holdingford Fire Department Relief Association demonstrates its commitment to supporting those who have devoted their time and efforts to protecting their community. This mission is instrumental in recognizing and appreciating the dedicated service of these individuals, ensuring they can enjoy a comfortable retirement after a lifetime of service.
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Impact
October, 2024
Holdingford Fire Department Relief Association significantly impacts the community by ensuring the financial security of volunteer firemen and rescue members through retirement benefits. This organization plays a crucial role in supporting those who dedicate their time and efforts to public safety, allowing them to receive pensions as prescribed by state law. By providing these benefits, it encourages a stronger, committed volunteer force, ultimately enhancing the overall safety and well-being of the Holdingford community and surrounding areas.
This information is meant to be a general summary of Holdingford Fire Department Relief Assn. 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 2021.
- Investment Income: $79,336
- Gross Receipts: $1,462,836
Assets and Liabilities:
- Total Assets: $675,394
- Total Liabilities: $0
- Net Assets: $675,394
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Organization Details
Phone
(320) 746-2966Principal Officer
Melvin Breth
Main Address
PO BOX 60, HOLDINGFORD, MN, 56340
NTEE Category
Code: M230 - Public safety
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