Overview
What is Fargo Firefighters Pension Association Inc?
The Fargo Firefighters Pension Association Inc is a nonprofit organization situated in Fargo, North Dakota, specifically at 637 NP Avenue. Their primary mission is to ensure a secure retirement income for their eligible members, as well as provide a safety net through their disability plan. They offer retirement benefits to 54 firefighters and their families of deceased members, along with disability benefits for 8 members. In addition, they provide separation refunds to members who have vested in their own contributions. The association operates as a defined benefit pension plan, aiming to support and secure the financial future of its members.
Official website here: www.sites.google.com/site/ffdpensionassociation/home
Is Fargo Firefighters Pension Association Inc legitimate?
Fargo Firefighters Pension Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fargo Firefighters Pension Association Inc 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:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sites.google.com/site/ffdpensionassociation/home
What is the mission statement of Fargo Firefighters Pension Association Inc?
The Fargo Firefighters Pension Association Inc's mission is centered around providing a secure retirement income for its eligible members and offering a safety net through its disability plan. This organization serves 54 retired firefighters and their families, as well as providing disability benefits to 8 active members. Furthermore, they offer separation refunds to members who have vested in their own contributions. The association's goal is to ensure financial security and support for its members during their retirement and periods of disability.
Official website here: www.sites.google.com/site/ffdpensionassociation/home
Who is the CEO of Fargo Firefighters Pension Association Inc?
Brett Petsinger is the President of Fargo Firefighters Pension Association Inc.
Official website here: www.sites.google.com/site/ffdpensionassociation/home
What is the revenue of Fargo Firefighters Pension Association Inc?
Fargo Firefighters Pension Association Inc's revenue in 2022 was $7,085,798.
Official website here: www.sites.google.com/site/ffdpensionassociation/home
Who are the executives of Fargo Firefighters Pension Association Inc and what are their salaries?
There 7 volunteers at Fargo Firefighters Pension Association Inc.
Here are 7 key members and their salaries:
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Official website here: www.sites.google.com/site/ffdpensionassociation/home
Where can I find the form 990 for Fargo Firefighters Pension Association Inc?
Fargo Firefighters Pension Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sites.google.com/site/ffdpensionassociation/home
Learn more at the official website: www.sites.google.com/site/ffdpensionassociation/home
Mission Statement of Fargo Firefighters Pension Association Inc
The Fargo Firefighters Pension Association's mission is centered around ensuring a secure retirement income for its eligible members and offering a safety net through a disability plan for its contributing members. This nonprofit organization, dedicated to the wellbeing of its firefighter members, provides retirement benefits to 54 service personnel and 24 families of deceased firefighters. Furthermore, it extends disability benefits to 8 members, and also offers separation refunds to members who have vested in their own contributions. In essence, the Fargo Firefighters Pension Association is committed to safeguarding the financial future of its firefighter members, providing them with the support they need during their retirement and in times of disability.
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Impact
October, 2024
Fargo Firefighters Pension Association Inc significantly impacts the lives of its members and their families by delivering essential retirement and disability benefits. By providing a defined benefit pension plan, it ensures that 54 service members can enjoy a secure lifestyle after their years of dedicated service. Additionally, the association supports the families of 24 deceased firefighters, helping them navigate the challenges that arise from loss.
The organization also addresses the needs of its contributing members through disability benefits for 8 individuals, offering crucial financial support during times of health-related challenges. Furthermore, it provides separation refunds to members vested in their contributions, allowing for greater financial flexibility.
Overall, the mission is centered around providing a stable retirement income and a safety net for firefighters and their families in Fargo, ND, reinforcing the community's commitment to those who serve.
This information is meant to be a general summary of Fargo Firefighters Pension Association Inc. 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: $2,560,640
- Program Service Revenue: $4,525,158
- Gross Receipts: $7,085,798
Assets and Liabilities:
- Total Assets: $42,702,720
- Total Liabilities: $24,666
- Net Assets: $42,678,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Pension Stability Fund
Revenue
$2,287,500
City Contributions
Revenue
$1,294,659
Employee Contributions
Revenue
$942,999
Organization Details
Founding Year
1959
Phone
(701) 241-1540Principal Officer
Brett Petsinger
Main Address
637 NP Ave, Fargo, ND, 58102
NTEE Category
Code: Y20 - Mutual benefit
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