Alexandria Fire Department Relief Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416037039 ✦ Alexandria, MN ✦ Designated as a 501(c)(4)

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Overview

What is Alexandria Fire Department Relief Association?

The Alexandria Fire Department Relief Association is a nonprofit organization situated at 302 Fillmore Street, Alexandria, Minnesota. Its primary mission is to provide retirement, dependency, and disability annuity payments to its volunteer firefighter members. To achieve this goal, the organization manages a Special Pension Trust Fund, which is dedicated to accumulating resources for these annuity payments. Additionally, they have a General Fund, a governmental fund that manages resources beyond the Special Pension Trust Fund. These resources come from various sources, such as fundraisers, donations, investment earnings, and other miscellaneous sources. The association uses these funds for the benefit of the organization as per its by-laws.

Is Alexandria Fire Department Relief Association legitimate?

Alexandria Fire Department Relief Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alexandria 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Alexandria Fire Department Relief Association?

The Alexandria Fire Department Relief Association's primary mission is to provide retirement, dependency, and disability annuity payments to its members, specifically the Alexandria volunteer firefighters. To accomplish this, the association has a special pension trust fund that accumulates resources for these payments. Additionally, the general fund, which is a governmental fund, is utilized for the association's benefit, as determined by its by-laws. The resources for this fund come from various sources such as fundraisers, donations, investment earnings, and miscellaneous sources.

Who is the CEO of Alexandria Fire Department Relief Association?

Shawn Olson is the Treasurer of Alexandria Fire Department Relief Association.

What is the revenue of Alexandria Fire Department Relief Association?

Alexandria Fire Department Relief Association's revenue in 2022 was $383,443.

Who are the executives of Alexandria Fire Department Relief Association and what are their salaries?

There 30 volunteers at Alexandria Fire Department Relief Association.


Here are 11 key members and their salaries:


Mark Sagedahl (Treasurer)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Shawn Olson (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Shania Pederson (Vice-President)
  • Compensation: $600
  • Related: $0
  • Other: $0
Jen Olson (Trustee)
  • Compensation: $400
  • Related: $0
  • Other: $0
Jordan Thoennes (Trustee)
  • Compensation: $400
  • Related: $0
  • Other: $0
Josh Jacobson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Hodgson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Koos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Schultz (City Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbie Osterberg (City Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Karrow (Fire Chief)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alexandria Fire Department Relief Association?

Alexandria Fire Department Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alexandria Fire Department Relief Association

The Alexandria Fire Department Relief Association, in essence, serves to accrue resources for the provision of retirement, dependency, and disability annuity payments for its members, specifically the Alexandria Volunteer Firefighters. This is accomplished through a special pension trust fund, which is the primary resource for these payments. The association also utilizes a general fund, a governmental fund, to manage resources beyond the special pension trust fund. This general fund is used for the benefit of the association, as determined by the association's by-laws. The resources for this fund come from various sources, including fundraisers, donations, investment earnings, and miscellaneous income. In summary, the Alexandria Fire Department Relief Association is dedicated to providing financial support to its volunteer firefighters in the form of retirement, dependency, and disability annuity payments, utilizing both a special pension trust fund and a general fund to accomplish this mission.

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Impact




October, 2024

The Alexandria Fire Department Relief Association plays a critical role in supporting the welfare of volunteer firefighters in Alexandria, MN. By providing retirement, dependency, and disability annuity payments, it ensures that those who dedicate their time and efforts to public safety have financial security throughout their lives.

This association focuses on accumulating resources to fund these essential benefits, which are crucial for the well-being of its members and their families. The funding comes from various sources, including fund-raiser proceeds, donations, and investment earnings, enabling the association to enrich the lives of its members and promote the overall health of the community.

By securing financial support for volunteer firefighters, the association not only recognizes their service but also fosters a sense of community and appreciation for those who protect and serve the public.




This information is meant to be a general summary of Alexandria 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.

Revenue
$383,443 (2022)
Expenses
$788,677 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $116,545
  • Gross Receipts: $453,898

Assets and Liabilities:

  • Total Assets: $3,166,814
  • Total Liabilities: $372,496
  • Net Assets: $2,794,318

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Organization Details

Founding Year

1905

Principal Officer

Shawn Olson

Main Address

302 FILLMORE ST, ALEXANDRIA, MN, 56308

NTEE Category

Code: M23 - Public safety

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