Overview
What is Minnesota Lake Fire Department Relief Association?
The Minnesota Lake Fire Department Relief Association is a nonprofit organization situated in Minnesota Lake, Minnesota. With a mission rooted in Minnesota law, this association primarily provides retirement benefits to retired volunteer fire department members. In 2022, they extended these benefits to one retiree. The organization acts as the administrator of a single-employer defined benefit pension plan, specifically designed for firefighters serving in the Minnesota Lake Fire Department. This association plays a crucial role in supporting and acknowledging the dedication and service of its volunteer firefighters throughout their retirement years.
Is Minnesota Lake Fire Department Relief Association legitimate?
Minnesota Lake Fire Department Relief Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Lake 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: $599
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Minnesota Lake Fire Department Relief Association?
The Minnesota Lake Fire Department Relief Association serves as the administrator of a pension plan for firefighters in Minnesota Lake. Operating under the provisions of Minnesota law, their primary mission is to provide retirement benefits for retired volunteer fire department members, in line with the organization's objectives. In 2022, there was one retiree benefiting from this plan.
Who is the CEO of Minnesota Lake Fire Department Relief Association?
Eric Garbes is the President of Minnesota Lake Fire Department Relief Association.
What is the revenue of Minnesota Lake Fire Department Relief Association?
Minnesota Lake Fire Department Relief Association's revenue in 2022 was $154,952.
Who are the executives of Minnesota Lake Fire Department Relief Association and what are their salaries?
The average compensation at Minnesota Lake Fire Department Relief Association during 2022 was $200. There are 3 employees and 18 volunteers at Minnesota Lake Fire Department Relief Association.
Here are 10 key members and their salaries:
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- Compensation: $599
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Where can I find the form 990 for Minnesota Lake Fire Department Relief Association?
Minnesota Lake Fire Department Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnesota Lake Fire Department Relief Association
The Minnesota Lake Fire Department Relief Association, comprising the firefighters of Minnesota Lake, serves as the administrator of a single-employer defined benefit pension plan, exclusively available to these firefighters. Operating under the provisions of Minnesota law, the association's primary mission is to provide retirement benefits for retired volunteer fire department members, in line with its established mission statement. In 2022, the association reported having one retiree benefitting from their pension plan.
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Impact
October, 2024
The Minnesota Lake Fire Department Relief Association significantly contributes to the financial security of firefighters in Minnesota Lake by providing a defined benefit pension plan specifically tailored for them. This ensures that retired volunteer firefighters receive reliable retirement benefits, honoring their years of service and commitment to public safety.
By administering this pension plan under Minnesota law, the association fosters a sense of community and responsibility among firefighters. In 2022, there was one retiree who benefited from these provisions, highlighting the association's role in supporting the well-being of its members after their dedicated service. Ultimately, the Minnesota Lake Fire Department Relief Association enhances the overall effectiveness and morale of the local firefighting team, reinforcing the essential services they provide to the community.
This information is meant to be a general summary of Minnesota Lake 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: $4,610
- Gross Receipts: $3,029,335
Assets and Liabilities:
- Total Assets: $595,018
- Total Liabilities: $2,971
- Net Assets: $592,047
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Organization Details
Founding Year
1975
Phone
(507) 381-4466Principal Officer
Eric Garbes
Main Address
PO BOX 184, MINNESOTA LAKE, MN, 56068
NTEE Category
Code: M23 - Public safety
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