Overview
What is Savage Fire Department Firemen's Relief & Pension Association?
The Savage Fire Department Firemen's Relief & Pension Association is a nonprofit organization situated in Savage, Minnesota. With a focus on retirement benefits, this association collects, invests, and manages pension funds for a specific group of firefighters. Currently, they have 28 active firefighters and 50 beneficiaries, which include retirees or widows who are entitled to the benefits but have not yet started receiving them. Their primary mission is to monitor and distribute pension funds, aiming to provide financial relief and other benefits to their members and their dependents.
Is Savage Fire Department Firemen's Relief & Pension Association legitimate?
Savage Fire Department Firemen's Relief & Pension Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Savage Fire Department Firemen's Relief & Pension 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: $2,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,000
For more financial information, click here
What is the mission statement of Savage Fire Department Firemen's Relief & Pension Association?
The Savage Fire Department Firemen's Relief & Pension Association is committed to providing retirement relief and other benefits to its firefighter members and their dependents. The organization's primary objective is to monitor and disburse pension funds for a specific group of firefighters. This is achieved by collecting, investing, accounting for, and distributing these funds effectively. As of now, the association has 28 active firefighters and 50 beneficiaries, which include retirees and widows entitled to benefits but not currently receiving them.
What is the revenue of Savage Fire Department Firemen's Relief & Pension Association?
Savage Fire Department Firemen's Relief & Pension Association's revenue in 2023 was $384,713.
Who are the executives of Savage Fire Department Firemen's Relief & Pension Association and what are their salaries?
There 50 volunteers at Savage Fire Department Firemen's Relief & Pension Association.
Here are 8 key members and their salaries:
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Savage Fire Department Firemen's Relief & Pension Association?
Savage Fire Department Firemen's Relief & Pension Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Savage Fire Department Firemen's Relief & Pension Association
The Savage Fire Department Firemen's Relief & Pension Association is committed to its mission of offering retirement relief and other benefits to its members and their dependents. In essence, this nonprofit organization is responsible for collecting, investing, accounting for, and distributing pension funds for a specific group of firefighters. With a membership of 28 active firefighters and 50 beneficiaries, including retirees and widows entitled to benefits but not yet receiving them, the Association plays a crucial role in ensuring the financial security of these individuals after their service in the fire department. The organization's activities are focused on the well-being of its members, providing them with a sense of security and peace of mind during their retirement years.
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Impact
October, 2024
The Savage Fire Department Firemen's Relief & Pension Association plays a crucial role in ensuring financial security for its members and their families. By monitoring and disbursing pension funds, the organization provides essential retirement relief to active firefighters and their beneficiaries. Currently, it serves 28 active firefighters and supports 50 beneficiaries, including retirees and widows.
The association is dedicated to collecting, investing, accounting for, and distributing pension funds, which helps ensure that firefighters have the means to support themselves and their loved ones after their service. This financial support not only aids in maintaining a stable quality of life for retirees but also reinforces the commitment and morale of active firefighters, knowing that their future is secure. The impact of the Savage Fire Department Firemen’s Relief & Pension Association extends beyond individual benefits; it fosters a sense of community and mutual aid among its members, contributing to the overall well-being of the Savage, MN area.
This information is meant to be a general summary of Savage Fire Department Firemen's Relief & Pension 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: $107,837
- Gross Receipts: $384,713
Assets and Liabilities:
- Total Assets: $7,315,647
- Total Liabilities: $22,585
- Net Assets: $7,293,062
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Organization Details
Founding Year
1958
Principal Officer
Dan Giles
NTEE Category
Code: Y40 - Mutual benefit
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