Overview
What is Firemens Relief Assns Of Minn Lanesboro Association?
Firemens Relief Assns Of Minn Lanesboro Association is a nonprofit organization situated in Lanesboro, Minnesota. They administer a single-employer defined benefit pension plan, specifically for volunteer firefighters in the area. The association manages three funds: a special pension trust fund, a gambling fund, and a general fund, as per Minnesota state regulations. The total number of employees in this organization is three.
Is Firemens Relief Assns Of Minn Lanesboro Association legitimate?
Firemens Relief Assns Of Minn Lanesboro Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Firemens Relief Assns Of Minn Lanesboro 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 Firemens Relief Assns Of Minn Lanesboro Association?
The Firemens Relief Assns of Minn Lanesboro Association serves as the administrator for a single-employer defined benefit pension plan, primarily designed for volunteer firefighters. Their primary mission is to manage this pension plan, ensuring the financial well-being of the eligible volunteers. The association maintains separate funds, including a special pension trust fund, a gambling fund, and a general fund, as defined by Minnesota statutes. While the organization's primary focus is on pension administration, it may also contribute to other community initiatives, as guided by the relevant statutes.
Who is the CEO of Firemens Relief Assns Of Minn Lanesboro Association?
Jerod Wagner is the President of Firemens Relief Assns Of Minn Lanesboro Association.
What is the revenue of Firemens Relief Assns Of Minn Lanesboro Association?
Firemens Relief Assns Of Minn Lanesboro Association's revenue in 2022 was $50,632.
Who are the executives of Firemens Relief Assns Of Minn Lanesboro Association and what are their salaries?
There are 3 employees and 30 volunteers at Firemens Relief Assns Of Minn Lanesboro Association.
Here are 14 key members and their salaries:
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- Compensation: $4,800
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Where can I find the form 990 for Firemens Relief Assns Of Minn Lanesboro Association?
Firemens Relief Assns Of Minn Lanesboro Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Firemens Relief Assns Of Minn Lanesboro Association
Firemens Relief Assns of Minn Lanesboro Association serves a unique role as the administrator of a pension plan, specifically a single-employer defined benefit plan. This plan is exclusively available to volunteer firefighters residing in Lanesboro, Minnesota. The association's mission is to manage and oversee this pension plan, ensuring the financial security and well-being of the volunteer firefighters who dedicate their time to protecting their community.
To accomplish this mission, the association maintains several specialized funds. The Special Pension Trust Fund is one such fund, dedicated to managing and allocating resources for the pension plan. Additionally, the association manages a Gambling Fund, and a General Fund as defined by Minnesota Statutes. The specific purposes and functions of these funds are not explicitly stated in the provided information, but they likely contribute to the overall administration and management of the pension plan. Overall, the Firemens Relief Assns of Minn Lanesboro Association plays a vital role in providing financial support and security to the volunteer firefighters in Lanesboro, Minnesota.
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Impact
October, 2024
Firemens Relief Assns Of Minn Lanesboro Association plays a crucial role in supporting the volunteer firefighter community in Lanesboro, MN, by administering a defined benefit pension plan specifically tailored for these dedicated individuals. By maintaining a special pension trust fund, gambling fund, and general fund, the association ensures financial stability and security for volunteer firefighters, who often face risks and challenges in their service to the community. This financial support not only rewards their commitment but also fosters a sense of mutual benefit among members, strengthening camaraderie and enhancing the overall effectiveness of the firefighting team. Through its mission, the association contributes significantly to the well-being of its members and promotes a safe community environment.
This information is meant to be a general summary of Firemens Relief Assns Of Minn Lanesboro 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: $17,297
- Gross Receipts: $3,870,670
Assets and Liabilities:
- Total Assets: $482,075
- Total Liabilities: $32,529
- Net Assets: $449,546
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Organization Details
Founding Year
1965
Phone
(507) 208-3164Principal Officer
Jerod Wagner
Main Address
PO BOX 210, LANESBORO, MN, 55949
NTEE Category
Code: Y20 - Mutual benefit
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