Overview
What is Mapleton Volunteer Fireman's Relief Association?
The Mapleton Volunteer Fireman's Relief Association is a nonprofit organization situated in Mapleton, Minnesota. Its primary function is to serve as the administrator of a defined benefit pension plan, offering retirement benefits to both active and retired volunteer firefighters in the area. This association is dedicated to ensuring the financial security of these valiant individuals who selflessly contribute their time and efforts to protect their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Mapleton Volunteer Fireman's Relief Association has received an 80% rating from Charity Navigator, signifying a solid level of accountability and financial health. This rating is solely derived from the organization's Accountability & Finance score, which reflects effective financial management practices and transparency.
The organization demonstrates strong governance with a fully independent board, comprising six members, and maintains robust oversight mechanisms, such as documented board meeting minutes and a conflict of interest policy. Additionally, the absence of material diversions of assets and a favorable liabilities to assets ratio underscores its fiscal stability.
Despite its commendable financial practices, the rating highlights that the overall score is based on one aspect of evaluation, which may not provide a complete picture of the organization's impact and effectiveness in fulfilling its mission. Nevertheless, with a high program expense ratio of over 95%, the association appears dedicated to directing funds towards its core services.
This AI summary has been generated from information found on Charity Navigator.
Is Mapleton Volunteer Fireman's Relief Association legitimate?
Mapleton Volunteer Fireman's Relief Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mapleton Volunteer Fireman's 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mapleton Volunteer Fireman's Relief Association?
The Mapleton Volunteer Fireman's Relief Association is dedicated to serving its volunteer firefighters by overseeing a retirement benefits program. This organization, acting as the administrator, offers a defined benefit pension plan that is accessible to both active and retired firefighters in Mapleton. The primary goal of the association is to ensure that its volunteer firefighters have a secured retirement. This is achieved by managing and distributing the retirement benefits in an efficient and fair manner. The association plays a crucial role in the lives of its firefighters, providing a sense of security and support during their retirement years.
Who is the CEO of Mapleton Volunteer Fireman's Relief Association?
Jon Klenk is the President of Mapleton Volunteer Fireman's Relief Association.
What is the revenue of Mapleton Volunteer Fireman's Relief Association?
Mapleton Volunteer Fireman's Relief Association's revenue in 2022 was $105,935.
Who are the executives of Mapleton Volunteer Fireman's Relief Association and what are their salaries?
There 24 volunteers at Mapleton Volunteer Fireman's Relief Association.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Mapleton Volunteer Fireman's Relief Association?
Mapleton Volunteer Fireman's Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mapleton Volunteer Fireman's Relief Association
The Mapleton Volunteer Fireman's Relief Association is a dedicated organization with a mission to provide retirement benefits for volunteer firefighters. Serving as the administrator of a defined benefit pension plan, this association ensures that active and retired firefighters in Mapleton receive the financial support they deserve for their selfless service. By offering this pension plan, the association demonstrates its commitment to honoring and supporting the individuals who risk their lives to protect their community. This mission is crucial in recognizing and appreciating the sacrifices made by these volunteer firefighters, ensuring they have a comfortable retirement.
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Impact
October, 2024
The Mapleton Volunteer Fireman's Relief Association significantly impacts the community by ensuring the financial security of volunteer firefighters through retirement benefits. This support is crucial as it acknowledges the dedication and sacrifices of those serving in the fire department. By administering a defined benefit pension plan, the Association helps attract and retain committed volunteers, which enhances the effectiveness of public safety in Mapleton. The association's efforts not only provide peace of mind for firefighters and their families but also strengthen the overall resilience and capability of the community in emergency situations.
This information is meant to be a general summary of Mapleton Volunteer Fireman's 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: $17,383
- Gross Receipts: $578,692
Assets and Liabilities:
- Total Assets: $679,459
- Total Liabilities: $1,000
- Net Assets: $678,459
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Organization Details
Founding Year
1966
Phone
(507) 514-0855Principal Officer
Jon Klenk
Main Address
PO Box 473 402 3rd Ave SW, Mapleton, MN, 56065
NTEE Category
Code: M24 - Public safety
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