Overview
What is Maple Grove Firefighters Relief Association?
The Maple Grove Firefighters Relief Association (MGFRA) is a nonprofit organization situated in Maple Grove, Minnesota. Its primary role is to manage a defined contribution pension scheme, offering retirement benefits in the form of a lump sum to retiring firefighters, based on the accumulated balance in each individual's account. The organization receives and manages public funds to fulfill its mission, which is to provide financial support for individuals who have dedicated their careers to the essential governmental service of firefighting. With a workforce of 34 employees, MGFRA plays a crucial role in ensuring the well-being of retired firefighters in the community.
Official website here: www.mgfra.org
Is Maple Grove Firefighters Relief Association legitimate?
Maple Grove Firefighters Relief Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Maple Grove 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: $18,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mgfra.org
What is the mission statement of Maple Grove Firefighters Relief Association?
The Maple Grove Firefighters Relief Association's primary mission is to manage public funds for the sole purpose of providing retirement benefits to individuals who have dedicated their careers to the vital governmental service of firefighting. This organization manages a defined contribution pension scheme, offering a lump sum retirement pension to firefighters based on their accumulated account balances upon retirement. The association's mission aims to ensure financial security and recognition for the selfless contributions of firefighters throughout their careers.
Official website here: www.mgfra.org
Who is the CEO of Maple Grove Firefighters Relief Association?
Jeffrey Woodbury is the President of Maple Grove Firefighters Relief Association.
Official website here: www.mgfra.org
What is the revenue of Maple Grove Firefighters Relief Association?
Maple Grove Firefighters Relief Association's revenue in 2022 was $2,718,005.
Official website here: www.mgfra.org
Who are the executives of Maple Grove Firefighters Relief Association and what are their salaries?
The average compensation at Maple Grove Firefighters Relief Association during 2022 was $530. There are 34 employees and 35 volunteers at Maple Grove Firefighters Relief Association.
Here are 9 key members and their salaries:
- Compensation: $3,962
- Related: $0
- Other: $0
- Compensation: $3,962
- Related: $0
- Other: $0
- Compensation: $1,733
- Related: $0
- Other: $0
- Compensation: $1,733
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,962
- Related: $0
- Other: $0
- Compensation: $1,733
- Related: $0
- Other: $0
Official website here: www.mgfra.org
Where can I find the form 990 for Maple Grove Firefighters Relief Association?
Maple Grove Firefighters Relief Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mgfra.org
Learn more at the official website: www.mgfra.org
Mission Statement of Maple Grove Firefighters Relief Association
The Maple Grove Firefighters Relief Association (MGFRA) is an organization with a mission to manage public funds, specifically for the purpose of providing retirement benefits to individuals who have dedicated their careers to the governmental service of firefighting. This nonprofit organization manages a defined contribution pension scheme, which pays out a lump sum service pension to retiring firefighters based on the balance of their individual accounts. By providing these retirement benefits, the Maple Grove Firefighters Relief Association ensures that those who have risked their lives to protect their communities can enjoy a secure retirement. This mission is crucial in recognizing and appreciating the dedication and sacrifices made by firefighters in serving their communities.
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Impact
October, 2024
The Maple Grove Firefighters Relief Association significantly impacts the community by ensuring the financial security of those who dedicate their lives to firefighting services. By managing public funds effectively, the organization provides essential retirement benefits to firefighters, offering them a defined contribution pension that results in a lump sum payment upon retirement. This not only rewards their service but also helps attract and retain skilled personnel in fire services, enhancing public safety in Maple Grove, MN. Their commitment to the welfare of firefighters demonstrates a mutual benefit for both the firefighters and the community they serve, fostering a sense of security and appreciation within this vital profession.
This information is meant to be a general summary of Maple Grove 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,689,729
- Gross Receipts: $13,911,738
Assets and Liabilities:
- Total Assets: $16,175,265
- Total Liabilities: $1,054
- Net Assets: $16,174,211
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Organization Details
Founding Year
1976
Phone
(612) 940-7199Principal Officer
Jeffrey Woodbury
Main Address
PO BOX 1174, MAPLE GROVE, MN, 55311
Website
www.mgfra.orgNTEE Category
Code: Y40 - Mutual benefit
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