Civic Intelligence

Waterville Volunteer Fireman Relief Assn

990 • Fiscal year 2016 • EIN 41-1322753

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

Organization ProfileN/A
200 S 3rd StWaterville, MN 56096

(507) 838-8986

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$300

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Asset Growth

79th percentile

13%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

69th percentile

11%

Faster revenue growth than 69% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$543,508

Up $64,251 (+13%) from 2015

Net Assets

Up

$543,508

Up $64,251 (+13%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin97th percentile

Revenue

Up

$52,738

Up $5,032 (+11%) from 2015

Expenses

Down

$9,330

Down $55,516 (-86%) from 2015

Net Income

Up

$43,408

Up $60,548 (+353%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $347,712Liabilities 2011: $492Net Assets 2011: $347,2202011Assets 2012: $390,811Liabilities 2012: $0Net Assets 2012: $390,8112012Assets 2013: $460,123Liabilities 2013: $0Net Assets 2013: $460,1232013Assets 2014: $516,649Liabilities 2014: $0Net Assets 2014: $516,6492014Assets 2015: $479,257Liabilities 2015: $0Net Assets 2015: $479,2572015Assets 2016: $543,508Liabilities 2016: $0Net Assets 2016: $543,5082016Assets 2017: $560,446Liabilities 2017: $3,750Net Assets 2017: $556,6962017Assets 2018: $441,024Liabilities 2018: $0Net Assets 2018: $441,0242018Assets 2019: $531,077Liabilities 2019: $0Net Assets 2019: $531,0772019Assets 2020: $568,054Liabilities 2020: $0Net Assets 2020: $568,0542020Assets 2021: $652,652Liabilities 2021: $0Net Assets 2021: $652,6522021Assets 2022: $577,212Liabilities 2022: $0Net Assets 2022: $577,2122022Assets 2023: $24,883Liabilities 2023: $3,000Net Assets 2023: $21,8832023Assets 2024: $26,227Liabilities 2024: $0Net Assets 2024: $26,2272024

Highlighted filing

2016

Assets$543,508
Liabilities$0
Net Assets$543,508
Open 2016 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $34,642Expenses 2011: $17,996Net Income 2011: $16,6462011Revenue 2012: $32,507Expenses 2012: $9,712Net Income 2012: $22,7952012Revenue 2013: $45,769Expenses 2013: $9,347Net Income 2013: $36,4222013Revenue 2014: $48,464Expenses 2014: $10,161Net Income 2014: $38,3032014Revenue 2015: $47,706Expenses 2015: $64,846Net Income 2015: -$17,1402015Revenue 2016: $52,738Expenses 2016: $9,330Net Income 2016: $43,4082016Revenue 2017: $72,975Expenses 2017: $95,550Net Income 2017: -$22,5752017Revenue 2018: $64,815Expenses 2018: $145,262Net Income 2018: -$80,4472018Revenue 2019: $62,773Expenses 2019: $18,890Net Income 2019: $43,8832019Revenue 2020: $59,909Expenses 2020: $61,985Net Income 2020: -$2,0762020Revenue 2021: $83,055Expenses 2021: $41,477Net Income 2021: $41,5782021Revenue 2022: $92,606Expenses 2022: $44,154Net Income 2022: $48,4522022Revenue 2023: $90,153Expenses 2023: $666,359Net Income 2023: -$576,2062023Revenue 2024: $16,865Expenses 2024: $12,521Net Income 2024: $4,3442024

Highlighted filing

2016

Revenue$52,738
Expenses$9,330
Net Income$43,408
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$60,177
Mission and Program Overview

Mission

To provide retirement benefits

To provide retirement benefits to volunteer firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$466,761$525,785▲ $59,024
Cash and Non-Interest-Bearing Accounts$8,596$15,823▲ $7,227
Pledges and Grants Receivable$3,300$1,000▼ $2,300
Prepaid Expenses and Deferred Charges$600$900▲ $300
Total Assets$479,257$543,508▲ $64,251
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$470,661$527,685▲ $57,024
Unrestricted Net Assets$8,596$15,823▲ $7,227
Total Net Assets Fund Balance$479,257$543,508▲ $64,251
Total Liabilities and Net Assets / Fund Balance$479,257$543,508▲ $64,251

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$479,317--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleBaseTotal
Andrew AkemannSecretary$300$300
Dennis AndroliTreasurer$300$300
Jeremy SchwartzPresident$300$300

Board Members and Trustees

NameTitle
Matt ClintonVice President
Alan SchmidtkeEx-Officio Trustee
Chris MeskanEx-Officio Trustee
Teresa HillEx-Officio Trustee
Darin HanksTrustee
Matt DuhmeTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$35,574
Program Service Revenue
$16,612
Investment Income
$0
Other Revenue
$552
Change in Net Assets
$43,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$52,738
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$28,282
Total Revenue per Audited Statements
$81,020
Total Revenue per Form 990
$52,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,430
Salaries, Compensation, and Employee Benefits$900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$4,810-$4,810
Conferences and Meetings-$1,786-$1,786
Current Officers, Directors, Trustees, and Key Employees$900--$900
Advertising-$602-$602
Other Expenses-$450-$450
Office Expenses-$207-$207
Total Functional Expenses$900$8,430$0$9,330

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$16,769
Expenses per Audited Statements$9,330
Total Expenses per Form 990$9,330
Expenses Not Reported on Form 990$7,439
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,991
Fundraising Direct Expenses$7,439
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dance$16,436$4,436$3,869$567
Calendars$6,555$3,555$3,570$-15
Total Events$22,991$7,991$7,439$552
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

“Three board members were compensated as officers and were therefore not independent”

Form 990, Part VI, Section A, line 6

“The Organization is comprised of members of the volunteer fire department”

Form 990, Part VI, Section A, line 7A

“The members elect the members of the governing body”

Form 990, Part VI, Section A, line 7B

“Decisions affecting investments, bylaws, etc are approved by the members.”

Form 990, Part VI, Section B, line 11B

“Form 990 is provided to the Organizations board of directors for review. After review it is made available to the members for their review.”

Form 990, Part VI, Section B, line 12C

“The conflict of interest policy is reviewed annually by the Organizations board members for any necessary changes.”

Form 990, Part VI, Section C, line 19

“The Organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Waterville Firefighters Relief
EIN
41-1322753
Phone
5078388986
Address
200 S 3rd St, Waterville, MN 56096

Signing Officer

Name
Jeremy Schwartz
Title
President
Phone
5078388986
Signed
2017-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Schwartz
Formed
1967
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
6
Employees
0
Volunteers
20

Preparer

Firm
Abdo Eick & Meyers LLP
Address
100 Warren St Ste 600, Mankato, MN 56001
Preparer
Thomas J Olinger CPA
Phone
5076252727
Supplemental Narrative

Additional Explanations

Form 990, XLL, Line 2C

“The board of directors assumes responsibility for oversight of the audit.”

Financial Statement Notes

Part X, Line 2:

“Income taxes The Organization is a nonprofit organization described in Section 501(c) 4 of the Internal Revenue Code and is exempt from Federal and State income taxes. The Organization has analyzed filing positions with the Internal Revenue Service and the State of Minnesota. The Organization is subject to routine audits by these jurisdictions; however, the Organization is currently not under any audits for any tax periods. The Organization does not anticipate that any of its income tax filing positions would result in a material adverse effect on the Organization's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the United States of America, the Organization would accrue, if applicable, income tax related interest and penalties in income tax expense in the Organization's statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2016, the Organization did not recognize any interest or penalties. With few exceptions, the Organization is no longer subject to tax examinations by tax authorities for years before 2013.”

Part XI, Line 2D - Other Adjustments:

“The portion of fundraising netted from revenue”

Part XII, Line 2D - Other Adjustments:

“The portion of fundraising netted from revenue”

Form 990, Schedule D, Part XIV, Line 2D

“The portion of fundraising netted from revenue”

Raw XML Appendix389 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide retirement benefits to volunteer firefighters
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0602
IRS990/AdvertisingGrp/TotalAmt0602
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Andrew Akemann
IRS990/BooksInCareOfDetail/PhoneNum05078388986
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 S 3rd St
IRS990/BooksInCareOfDetail/USAddress/CityNm0Waterville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056096
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt08596
IRS990/CashNonInterestBearingGrp/EOYAmt015823
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0900
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0900
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01786
IRS990/ConferencesMeetingsGrp/TotalAmt01786
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt015000
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt035574
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt08430
IRS990/CYOtherRevenueAmt0552
IRS990/CYProgramServiceRevenueAmt016612
IRS990/CYRevenuesLessExpensesAmt043408
IRS990/CYSalariesCompEmpBnftPaidAmt0900
IRS990/CYTotalExpensesAmt09330
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt052738
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0Pension Benefit Expense
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0900
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04810
IRS990/FeesForServicesAccountingGrp/TotalAmt04810
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Jeremy Schwartz
IRS990/Form990PartVIISectionAGrp/PersonNm1Matt Clinton
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrew Akemann
IRS990/Form990PartVIISectionAGrp/PersonNm3Dennis Androli
IRS990/Form990PartVIISectionAGrp/PersonNm4Matt Duhme
IRS990/Form990PartVIISectionAGrp/PersonNm5Darin Hanks
IRS990/Form990PartVIISectionAGrp/PersonNm6Alan Schmidtke
IRS990/Form990PartVIISectionAGrp/PersonNm7Teresa Hill
IRS990/Form990PartVIISectionAGrp/PersonNm8Chris Meskan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Ex-Officio Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Ex-Officio Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Ex-Officio Trustee
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01967
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt015000
IRS990/FundraisingDirectExpensesAmt07439
IRS990/FundraisingGrossIncomeAmt07991
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt020574
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt060177
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0466761
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0525785
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0See Part I, Line 1
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0479257
IRS990/NetAssetsOrFundBalancesEOYAmt0543508
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0552
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0552
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt020843
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0207
IRS990/OfficeExpensesGrp/TotalAmt0207
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Equipment and Supplies
IRS990/OtherExpensesGrp/Desc1Donations
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0575
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1450
IRS990/OtherExpensesGrp/TotalAmt0575
IRS990/OtherExpensesGrp/TotalAmt1450
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03300
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0900
IRS990/PrincipalOfficerNm0Jeremy Schwartz
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900000
IRS990/ProgramServiceRevenueGrp/Desc0Program investments
IRS990/ProgramServiceRevenueGrp/Desc1Membership fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016507
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1105
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt055625
IRS990/PYContributionsGrantsAmt028019
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt08321
IRS990/PYOtherRevenueAmt0678
IRS990/PYProgramServiceRevenueAmt019009
IRS990/PYRevenuesLessExpensesAmt0-17140
IRS990/PYSalariesCompEmpBnftPaidAmt0900
IRS990/PYTotalExpensesAmt064846
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt047706
IRS990/ReconcilationRevenueExpnssAmt043408
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt016612
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt07439
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09330
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt046468
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1479317
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Money market
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Mutual funds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt020843
IRS990ScheduleD/OtherExpensesIncludedAmt07439
IRS990ScheduleD/OtherRevenueAmt07439
IRS990ScheduleD/RevenueNotReportedAmt028282
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt052738
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income taxes The Organization is a nonprofit organization described in Section 501(c) 4 of the Internal Revenue Code and is exempt from Federal and State income taxes. The Organization has analyzed filing positions with the Internal Revenue Service and the State of Minnesota. The Organization is subject to routine audits by these jurisdictions; however, the Organization is currently not under any audits for any tax periods. The Organization does not anticipate that any of its income tax filing positions would result in a material adverse effect on the Organization's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the United States of America, the Organization would accrue, if applicable, income tax related interest and penalties in income tax expense in the Organization's statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2016, the Organization did not recognize any interest or penalties. With few exceptions, the Organization is no longer subject to tax examinations by tax authorities for years before 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The portion of fundraising netted from revenue
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2The portion of fundraising netted from revenue
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3The portion of fundraising netted from revenue
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Schedule D, Part XIV, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0525785
IRS990ScheduleD/TotalExpensesPerForm990Amt09330
IRS990ScheduleD/TotalRevenuePerForm990Amt052738
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt081020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt016769
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt012000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt03000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07439
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Dance
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Calendars
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022991
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt04436
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03555
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07991
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0552
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07439
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03869
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03570
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Three board members were compensated as officers and were therefore not independent
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization is comprised of members of the volunteer fire department
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members elect the members of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Decisions affecting investments, bylaws, etc are approved by the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990 is provided to the Organizations board of directors for review. After review it is made available to the members for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The conflict of interest policy is reviewed annually by the Organizations board members for any necessary changes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The board of directors assumes responsibility for oversight of the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, XLL, Line 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0470661
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0527685
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0479257
IRS990/TotalAssetsEOYAmt0543508
IRS990/TotalAssetsGrp/BOYAmt0479257
IRS990/TotalAssetsGrp/EOYAmt0543508
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt035574
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08430
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0900
IRS990/TotalFunctionalExpensesGrp/TotalAmt09330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0479257
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0543508
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0900
IRS990/TotalProgramServiceRevenueAmt016612
IRS990/TotalReportableCompFromOrgAmt0900
IRS990/TotalRevenueGrp/ExclusionAmt0552
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt016612
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt052738
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0479257
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0543508
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt08596
IRS990/UnrestrictedNetAssetsGrp/EOYAmt015823
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 S 3rd St
IRS990/USAddress/CityNm0Waterville
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056096
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeremy Schwartz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05078388986
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Waterville Firefighters Relief
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Association
ReturnHeader/Filer/BusinessNameControlTxt0WATE
ReturnHeader/Filer/EIN0411322753
ReturnHeader/Filer/PhoneNum05078388986
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 S 3rd St
ReturnHeader/Filer/USAddress/CityNm0Waterville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056096
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A80044FD7D61B731965A55C4047F3CE6AC88E511
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F4409300C3E9EC52E7084891A76BBA7CD71286C4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02017-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:26:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411397419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Abdo Eick & Meyers LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Warren St Ste 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mankato
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056001
ReturnHeader/PreparerPersonGrp/PhoneNum05076252727
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas J Olinger CPA
ReturnHeader/ReturnTs02017-05-02T16:59:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$543,508
Liabilities
$0
Net assets
$543,508
Revenue
$52,738
Expenses
$9,330
Net income
$43,408
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.17$0.13$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.22$0.90$6.66$5.76
2022Detailed filing. Detailed filing data is available for this year.$5.77$0.00$5.77$0.93$0.44$0.48
2021Detailed filing. Detailed filing data is available for this year.$6.53$0.00$6.53$0.83$0.41$0.42
2020Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.68$0.60$0.62$0.02
2019Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.31$0.63$0.19$0.44
2018Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.41$0.65$1.45$0.80
2017Detailed filing. Detailed filing data is available for this year.$5.60$0.04$5.57$0.73$0.96$0.23
2016Detailed filing. Detailed filing data is available for this year.$5.44$0.00$5.44$0.53$0.09$0.43
2015Detailed filing. Detailed filing data is available for this year.$4.79$0.00$4.79$0.48$0.65$0.17
2014Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$0.48$0.10$0.38
2013Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.46$0.09$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.00$3.91$0.33$0.10$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.00$3.47$0.35$0.18$0.17