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Fairmont Firefighters Relief Assoc

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

EIN: 416080037 ✦ Fairmont, MN ✦ Designated as a 501(c)(3)

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Overview

What is Fairmont Firefighters Relief Assoc?

Fairmont Firefighters Relief Assoc is a nonprofit organization situated in Fairmont, Minnesota. The primary purpose of this association is to manage a defined benefit pension plan, which is accessible to both active and retired firefighters in the city. Their mission extends beyond financial support, as they also engage in fundraising activities to support the city's fire department. The association, with a modest workforce of 9 individuals, is dedicated to providing retirement benefits to volunteer firefighters, thereby ensuring their well-being and recognition for their service to the community.

Is Fairmont Firefighters Relief Assoc legitimate?

Fairmont Firefighters Relief Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairmont Firefighters Relief Assoc 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: $8,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $524

For more financial information, click here

What is the mission statement of Fairmont Firefighters Relief Assoc?

The Fairmont Firefighters Relief Association is committed to providing retirement benefits for volunteer firefighters. Serving as the administrator of a defined benefit pension plan, this organization ensures that both active and retired firefighters from Fairmont receive this benefit. The primary mission of the Association is to support the City's fire department through fundraising efforts. This support is crucial in ensuring the well-being and financial security of those who selflessly serve their community as volunteers.

Who is the CEO of Fairmont Firefighters Relief Assoc?

James Freeman is the President of Fairmont Firefighters Relief Assoc.

What is the revenue of Fairmont Firefighters Relief Assoc?

Fairmont Firefighters Relief Assoc's revenue in 2022 was $278,136.

Who are the executives of Fairmont Firefighters Relief Assoc and what are their salaries?

The average compensation at Fairmont Firefighters Relief Assoc during 2022 was $954. There are 9 employees and 30 volunteers at Fairmont Firefighters Relief Assoc.


Here are 6 key members and their salaries:


James Freeman (President)
  • Compensation: $550
  • Related: $0
  • Other: $0
Tom Hilpipre (Vice President)
  • Compensation: $550
  • Related: $0
  • Other: $0
Tim Miller (Secretary)
  • Compensation: $4,925
  • Related: $0
  • Other: $0
Roger Carlson (Treasurer)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Matt Streit (Trustee)
  • Compensation: $2,865
  • Related: $0
  • Other: $0
Brandon Scott (Trustee & Gambling Manager)
  • Compensation: $18,050
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fairmont Firefighters Relief Assoc?

Fairmont Firefighters Relief Assoc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fairmont Firefighters Relief Assoc

The Fairmont Firefighters Relief Association is dedicated to fulfilling a vital mission. This nonprofit organization primarily focuses on providing retirement benefits to the volunteer firefighters serving their city. In essence, the Association acts as the administrator of a defined benefit pension plan, ensuring the financial security of both active and retired firefighters. By offering this pension plan, the Fairmont Firefighters Relief Association demonstrates its commitment to supporting the well-being of those who risk their lives to protect their community.

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Impact




October, 2024

Fairmont Firefighters Relief Association plays a vital role in ensuring the financial security of both active and retired firefighters in Fairmont, MN. By administering a defined benefit pension plan, the Association provides essential retirement benefits that support the well-being of these public safety professionals. This focus on securing the financial future of firefighters not only enhances their quality of life after service but also fosters a stronger sense of community by demonstrating appreciation for their commitment to public safety. Through its fundraising efforts, the Association helps sustain and strengthen the City's fire department, ensuring that the firefighters have the support they need to perform their critical duties effectively.




This information is meant to be a general summary of Fairmont Firefighters Relief Assoc. 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
$278,136 (2022)
Expenses
$241,326 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,089
  • Gross Receipts: $5,262,654

Assets and Liabilities:

  • Total Assets: $2,027,370
  • Total Liabilities: $4,912
  • Net Assets: $2,022,458

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Organization Details

Founding Year

1896

Principal Officer

James Freeman

Main Address

PO Box 386, Fairmont, MN, 560310686

NTEE Category

Code: M24Z - Public safety

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