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Loretto Firemen's Relief Association

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

EIN: 416084217 ✦ Loretto, MN ✦ Designated as a 501(c)(4)

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Overview

What is Loretto Firemen's Relief Association?

The Loretto Firemen's Relief Association is a nonprofit organization situated in Loretto, Minnesota. Their primary mission is to offer retirement benefits to volunteer firefighters, acting as the administrator of a defined benefit pension plan catering to both active and retired firefighters. By providing this service, they contribute to the well-being and security of those who selflessly serve their community as volunteer firefighters.

Is Loretto Firemen's Relief Association legitimate?

Loretto Firemen's Relief Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Loretto Firemen'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: $1,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Loretto Firemen's Relief Association?

The Loretto Firemen's Relief Association is dedicated to administering retirement benefits for volunteer firefighters. Its primary mission is to support these brave individuals in their post-service years, ensuring they have a stable financial future. The association serves as the manager of a defined benefit pension plan, available to both active and retired firefighters in Loretto. By providing this crucial service, the Loretto Firemen's Relief Association demonstrates its commitment to honoring the selfless service of volunteer firefighters.

Who is the CEO of Loretto Firemen's Relief Association?

Nicole West is the President of Loretto Firemen's Relief Association.

What is the revenue of Loretto Firemen's Relief Association?

Loretto Firemen's Relief Association's revenue in 2022 was $13,055.

Who are the executives of Loretto Firemen's Relief Association and what are their salaries?

There 27 volunteers at Loretto Firemen's Relief Association.


Here are 6 key members and their salaries:


Nicole West (President)
  • Compensation: $850
  • Related: $0
  • Other: $0
Brandon Snetsinger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Ellos (Secretary)
  • Compensation: $300
  • Related: $0
  • Other: $0
Scott Wendland (Treasurer)
  • Compensation: $300
  • Related: $0
  • Other: $0
Terry Savoie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Loretto Firemen's Relief Association?

Loretto Firemen's Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Loretto Firemen's Relief Association

The Loretto Firemen's Relief Association is dedicated to fulfilling its mission by administering retirement benefits to both active and retired volunteer firefighters. This nonprofit organization serves as the manager of a defined benefit pension plan, ensuring the financial security of its firefighting members in their retirement years. By providing this essential service, the Loretto Firemen's Relief Association demonstrates its commitment to honoring the significant contributions made by volunteer firefighters in protecting their communities.

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Impact




October, 2024

The Loretto Firemen's Relief Association plays a vital role in supporting volunteer firefighters by administering a defined benefit pension plan. This ensures that both active and retired firefighters receive retirement benefits, recognizing their dedication and service to the community. By providing these financial benefits, the association enhances the overall morale and well-being of firefighters, encouraging sustained volunteerism and commitment to public safety in Loretto, Minnesota. The impact extends beyond individual financial support, fostering a stronger, more resilient firefighting community that can effectively serve and protect its residents.




This information is meant to be a general summary of Loretto Firemen'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.

Revenue
$13,055 (2022)
Expenses
$36,584 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$38,089
  • Gross Receipts: $2,138,901

Assets and Liabilities:

  • Total Assets: $2,338,428
  • Total Liabilities: $0
  • Net Assets: $2,338,428

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Organization Details

Founding Year

1951

Principal Officer

Nicole West

Main Address

PO Box 305, Loretto, MN, 553570305

NTEE Category

Code: M20 - Public safety

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