Lake Elmo Firefighters Relief Association

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

EIN: 416077988 ✦ Lake elmo, MN ✦ Designated as a 501(c)(4)

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Overview

What is Lake Elmo Firefighters Relief Association?

The Lake Elmo Firefighters Relief Association, based in Lake Elmo, Minnesota at 3510 Laverne Avenue North, serves as a crucial entity for volunteer firefighters in the area. Its primary mission is to administer a pension plan, offering retirement benefits to both active and retired firefighters. By doing so, the Association aims to support these dedicated individuals who selflessly serve their community, ensuring they have a secure retirement. The Association's focus on providing retirement benefits underscores its commitment to honoring and recognizing the invaluable contributions of volunteer firefighters.

Is Lake Elmo Firefighters Relief Association legitimate?

Lake Elmo Firefighters Relief Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lake Elmo Firefighters 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: $1,500

For more financial information, click here

What is the mission statement of Lake Elmo Firefighters Relief Association?

The Lake Elmo Firefighters Relief Association's primary mission is to extend retirement benefits to the dedicated volunteer firefighters who selflessly serve their community. Acting as the administrator of a defined benefit pension plan, the association ensures that both active and retired firefighters have financial support during their retirement years. This commitment to the well-being of its volunteer firefighters reflects the association's dedication to honoring and recognizing their invaluable service.

What is the revenue of Lake Elmo Firefighters Relief Association?

Lake Elmo Firefighters Relief Association's revenue in 2023 was $347,667.

Who are the executives of Lake Elmo Firefighters Relief Association and what are their salaries?

There 20 volunteers at Lake Elmo Firefighters Relief Association.

Here are 6 key members and their salaries:


Michael Schwarz (President)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Dale Klitkze (Vice President)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Matt Watt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lovett (Treasurer)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Chris Klein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Goodspeed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake Elmo Firefighters Relief Association?

Lake Elmo Firefighters Relief Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lake Elmo Firefighters Relief Association

Lake Elmo Firefighters Relief Association is a nonprofit organization with a mission to provide retirement benefits to the dedicated volunteers serving as firefighters in their community. Acting as the administrator of a defined benefit pension plan, this association ensures that both active and retired firefighters have financial security during their retirement years. By offering this essential support, the Lake Elmo Firefighters Relief Association acknowledges and honors the dedication and sacrifices made by these volunteer firefighters, ensuring they can enjoy well-deserved rest after a lifetime of service.

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Impact




October, 2024

Lake Elmo Firefighters Relief Association plays a crucial role in supporting the retirement needs of volunteer firefighters in Lake Elmo, Minnesota. By administering a defined benefit pension plan, the Association ensures that both active and retired firefighters receive financial security upon retirement. This support not only fosters a sense of loyalty and commitment among volunteer firefighters but also strengthens the overall public safety infrastructure within the community. The Association's mission directly impacts the lives of those who dedicate themselves to protecting their neighbors, providing them with peace of mind as they transition into retirement. In doing so, it contributes to a culture of appreciation and recognition for the vital services volunteers provide.




This information is meant to be a general summary of Lake Elmo Firefighters 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
$347,667 (2023)
Expenses
$71,312 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $31,439
  • Gross Receipts: $2,081,729

Assets and Liabilities:

  • Total Assets: $1,311,328
  • Total Liabilities: $65
  • Net Assets: $1,311,263

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Organization Details

Founding Year

1962

Principal Officer

Michael Schwarz

NTEE Category

Code: M24 - Public safety

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