Civic Intelligence

Cohasset Firefighters Relief Association

990 • Fiscal year 2017 • EIN 41-6036654

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 02, 2018

PO Box 351Cohasset, MN 55721-0351

(218) 259-7339

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.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.00x

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Net Margin

2nd percentile

-146%

Higher net margin than 2% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Asset Growth

47th percentile

1.7%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-4.3%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$725,054

Up $11,837 (+1.7%) from 2016

Net Assets

Up

$725,054

Up $11,837 (+1.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$53,323

Down $2,402 (-4.3%) from 2016

Expenses

Up

$131,139

Up $31,237 (+31%) from 2016

Net Income

Down

-$77,816

Down $33,639 (-76%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2008: $436,877Liabilities 2008: $1,750Net Assets 2008: $435,1272008Assets 2009: $537,739Liabilities 2009: $0Net Assets 2009: $537,7392009Assets 2010: $633,770Liabilities 2010: $0Net Assets 2010: $633,7702010Assets 2011: $608,596Liabilities 2011: $0Net Assets 2011: $608,5962011Assets 2012: $674,923Liabilities 2012: $0Net Assets 2012: $674,9232012Assets 2013: $679,601Liabilities 2013: $1,720Net Assets 2013: $677,8812013Assets 2014: $736,532Liabilities 2014: $0Net Assets 2014: $736,5322014Assets 2015: $719,245Liabilities 2015: $0Net Assets 2015: $719,2452015Assets 2016: $713,217Liabilities 2016: $0Net Assets 2016: $713,2172016Assets 2017: $725,054Liabilities 2017: $0Net Assets 2017: $725,0542017Assets 2018: $675,215Liabilities 2018: $0Net Assets 2018: $675,2152018Assets 2019: $784,395Liabilities 2019: $6,935Net Assets 2019: $777,4602019Assets 2020: $872,708Liabilities 2020: $0Net Assets 2020: $872,7082020Assets 2021: $980,369Liabilities 2021: $0Net Assets 2021: $980,3692021Assets 2022: $523,708Liabilities 2022: $0Net Assets 2022: $523,7082022Assets 2023: $606,768Liabilities 2023: $0Net Assets 2023: $606,7682023Assets 2024: $731,961Liabilities 2024: $0Net Assets 2024: $731,9612024

Highlighted filing

2017

Assets$725,054
Liabilities$0
Net Assets$725,054

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2008: $42,705Expenses 2008: $58,051Net Income 2008: -$15,3462008Revenue 2009: $29,913Expenses 2009: $8,663Net Income 2009: $21,2502009Revenue 2010: $45,373Expenses 2010: $10,419Net Income 2010: $34,9542010Revenue 2011: $56,183Expenses 2011: $58,016Net Income 2011: -$1,8332011Expenses 2012: $18,4062012Revenue 2013: $55,455Expenses 2013: $135,855Net Income 2013: -$80,4002013Revenue 2014: $61,583Expenses 2014: $16,857Net Income 2014: $44,7262014Revenue 2015: $54,745Expenses 2015: $19,783Net Income 2015: $34,9622015Revenue 2016: $55,725Expenses 2016: $99,902Net Income 2016: -$44,1772016Revenue 2017: $53,323Expenses 2017: $131,139Net Income 2017: -$77,8162017Revenue 2018: $55,063Expenses 2018: $44,555Net Income 2018: $10,5082018Revenue 2019: $53,891Expenses 2019: $52,584Net Income 2019: $1,3072019Revenue 2020: $55,463Expenses 2020: $20,844Net Income 2020: $34,6192020Revenue 2021: $102,735Expenses 2021: $22,582Net Income 2021: $80,1532021Revenue 2022: $57,124Expenses 2022: $398,225Net Income 2022: -$341,1012022Revenue 2023: $83,474Expenses 2023: $15,466Net Income 2023: $68,0082023Revenue 2024: $81,910Expenses 2024: $17,235Net Income 2024: $64,6752024

Highlighted filing

2017

Revenue$53,323
Expenses$131,139
Net Income-$77,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 2, 2018
Return Version
2017v2.3
Gross Receipts
$53,323
Mission and Program Overview

Mission

The primary purpose for the formation of the organization is to provide death, disability and retirement benefits for its members.

Provide death, disability and retirement for members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$713,217$725,054▲ $11,837
Investments in Publicly Traded Securities$681,647$684,691▲ $3,044
Savings and Temporary Cash Investments$28,527$35,883▲ $7,356
Accounts Receivable$2,000$3,000▲ $1,000
Cash and Non-Interest-Bearing Accounts$1,043$1,480▲ $437
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$713,217$725,054▲ $11,837
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$713,217$725,054▲ $11,837
Total Liabilities and Net Assets / Fund Balance$713,217$725,054▲ $11,837
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kurt WernerPresident
Bernard HillmanVice President
Davin TinquistEx-officio Trustee
Max PetersEx-officio Trustee
Andrew MacdonellTrustee
David MyersTrustee
Terry BartzCity Council Liason
Sheldon JohnsonSecretary
Josh CasperTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,222
Program Service Revenue
$0
Investment Income
$19,101
Other Revenue
$0
Change in Net Assets
$-77,816

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,449
Revenue Not Reported on Financial Statements
$10,874
Revenue Not Reported on Form 990
$89,653
Total Revenue per Audited Statements
$132,102
Total Revenue per Form 990
$53,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$111,250--$111,250
Fees for Services Management-$10,874-$10,874
Fees for Services Accounting-$8,960-$8,960
Other Expenses-$55-$55
Total Functional Expenses$111,250$19,889$0$131,139

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$131,139
Expenses per Audited Statements$120,265
Total Expenses per Audited Statements$120,265
Expenses Not Reported on Financial Statements$10,874
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
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 6

To become an active member of the relief association an individual must be an active member of the cohasset fire and rescue department for one year or longer. When a member retires from the department, their benefit is paid out by the association and they are no longer a member of the association.

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

Members elect officers at the annual meeting of the organization. Each active member has one vote.

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

Routine decisions of the board of trustees are not subject to approval by the membership. Any amendments to the association's bylaws are required to be approved by the members.

Form 990, Part VI, Section A, Line 8B

There are no subcommittees with authority to act on behalf of the governing body.

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

Before the 990 is filed, it is brought up at the quarterly relief association meeting where it is reviewed by all members before it is approved.

Form 990, Part VI, Section B, Line 12

The firefighter's relief association does not have a separate written conflict of interest policy but minnesota state law governing fire relief organizations requires all board members to annually provide a statement of economic interest.

Form 990, Part VI, Section C, Line 19

Public documents will be made available upon request.

Filing and Contact Details

Filer

Filer Name
COHASSET FIREFIGHTER'S RELIEF
EIN
41-6036654
Phone
2182597339
Address
PO BOX 351, COHASSET, MN 55721-0351

Signing Officer

Name
Josh Casper
Title
Treasurer
Phone
2182597339
Signed
2018-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Casper
Formed
1957
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Redpath and Company Ltd
Address
4810 WHITE BEAR PARKWAY, WHITE BEAR LAKE, MN 55110
Preparer
Ashley C Rehn CPA
Phone
6514267000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Fasb asc 740-10 provides that a tax expense or benefit from an uncertain income tax position (including tax-exempt status) may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes the association has no uncertain income tax positions under the more likely than not standard that would result in an accrual, expense or benefit in a material amount.

Raw XML Appendix336 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt7CITY COUNCIL LIASON
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10 PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE ASSOCIATION HAS NO UNCERTAIN INCOME TAX POSITIONS UNDER THE MORE LIKELY THAN NOT STANDARD THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT IN A MATERIAL AMOUNT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO BECOME AN ACTIVE MEMBER OF THE RELIEF ASSOCIATION AN INDIVIDUAL MUST BE AN ACTIVE MEMBER OF THE COHASSET FIRE AND RESCUE DEPARTMENT FOR ONE YEAR OR LONGER. WHEN A MEMBER RETIRES FROM THE DEPARTMENT, THEIR BENEFIT IS PAID OUT BY THE ASSOCIATION AND THEY ARE NO LONGER A MEMBER OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT OFFICERS AT THE ANNUAL MEETING OF THE ORGANIZATION. EACH ACTIVE MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUTINE DECISIONS OF THE BOARD OF TRUSTEES ARE NOT SUBJECT TO APPROVAL BY THE MEMBERSHIP. ANY AMENDMENTS TO THE ASSOCIATION'S BYLAWS ARE REQUIRED TO BE APPROVED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BEFORE THE 990 IS FILED, IT IS BROUGHT UP AT THE QUARTERLY RELIEF ASSOCIATION MEETING WHERE IT IS REVIEWED BY ALL MEMBERS BEFORE IT IS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FIREFIGHTER'S RELIEF ASSOCIATION DOES NOT HAVE A SEPARATE WRITTEN CONFLICT OF INTEREST POLICY BUT MINNESOTA STATE LAW GOVERNING FIRE RELIEF ORGANIZATIONS REQUIRES ALL BOARD MEMBERS TO ANNUALLY PROVIDE A STATEMENT OF ECONOMIC INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PUBLIC DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0713217
IRS990/TotalAssetsEOYAmt0725054
IRS990/TotalAssetsGrp/BOYAmt0713217
IRS990/TotalAssetsGrp/EOYAmt0725054
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt034222
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019889
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0111250
IRS990/TotalFunctionalExpensesGrp/TotalAmt0131139
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0713217
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0725054
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0111250
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt019101
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt053323
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0713217
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0725054
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 351
IRS990/USAddress/CityNm0COHASSET
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd0557210351
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSH CASPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02182597339
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COHASSET FIREFIGHTER'S RELIEF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0COHA
ReturnHeader/Filer/EIN0416036654
ReturnHeader/Filer/PhoneNum02182597339
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 351
ReturnHeader/Filer/USAddress/CityNm0COHASSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd0557210351
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00B340442FEB6AD8756D146EA71B6147D0D07D536
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0967318B790B1455EE694363059DB49B3290921CA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.224.170.93
ReturnHeader/FilingSecurityInformation/IPDt02018-07-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm017:01:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410975573
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REDPATH AND COMPANY LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04810 WHITE BEAR PARKWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHITE BEAR LAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055110
ReturnHeader/PreparerPersonGrp/PhoneNum06514267000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY C REHN CPA
ReturnHeader/ReturnTs02018-09-14T10:51:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$0.00$7.32$0.82$0.17$0.65
2023Detailed filing. Detailed filing data is available for this year.$6.07$0.00$6.07$0.83$0.15$0.68
2022Detailed filing. Detailed filing data is available for this year.$5.24$0.00$5.24$0.57$3.98$3.41
2021Detailed filing. Detailed filing data is available for this year.$9.80$0.00$9.80$1.03$0.23$0.80
2020Detailed filing. Detailed filing data is available for this year.$8.73$0.00$8.73$0.55$0.21$0.35
2019Detailed filing. Detailed filing data is available for this year.$7.84$0.07$7.77$0.54$0.53$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.75$0.00$6.75$0.55$0.45$0.11
2017Detailed filing. Detailed filing data is available for this year.$7.25$0.00$7.25$0.53$1.31$0.78
2016Detailed filing. Detailed filing data is available for this year.$7.13$0.00$7.13$0.56$1.00$0.44
2015Detailed filing. Detailed filing data is available for this year.$7.19$0.00$7.19$0.55$0.20$0.35
2014Detailed filing. Detailed filing data is available for this year.$7.37$0.00$7.37$0.62$0.17$0.45
2013Detailed filing. Detailed filing data is available for this year.$6.80$0.02$6.78$0.55$1.36$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.00$6.75$0.18
2011Summary only. Only limited summary data is available for this year.$6.09$0.00$6.09$0.56$0.58$0.02
2010Summary only. Only limited summary data is available for this year.$6.34$0.00$6.34$0.45$0.10$0.35
2009Summary only. Only limited summary data is available for this year.$5.38$0.00$5.38$0.30$0.09$0.21
2008Summary only. Only limited summary data is available for this year.$4.37$0.02$4.35$0.43$0.58$0.15
Peer Organizations

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