Civic Intelligence

Firemens Relief Assn of Canby Mn

EIN 41-6037162 • 501(c)4 • Canby, MN

Profile

Retirement for firefighters

110 Oscar Avenue NCanby, MN 56220
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.23x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

72nd percentile

0.31x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

5th percentile

-61%

Higher net margin than 5% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$1,800

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

8th percentile

-29%

Faster asset growth than 8% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-20%

Faster revenue growth than 12% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$181,151

Down $79,622 (-31%) from 2022

Liabilities

Up

$40,935

Up $24,495 (+149%) from 2022

Net Assets

Down

$140,216

Down $104,117 (-43%) from 2022

Revenue

Down

$132,909

Down $37,237 (-22%) from 2022

Expenses

Up

$213,794

Up $95,174 (+80%) from 2022

Net Income

Down

-$80,885

Down $132,411 (-257%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $392,106Liabilities 2010: $11,647Net Assets 2010: $380,4592010Assets 2011: $392,435Liabilities 2011: $45,867Net Assets 2011: $346,5682011Assets 2012: $37,184Liabilities 2012: $22,731Net Assets 2012: $14,4532012Assets 2013: $12,250Liabilities 2013: $4,300Net Assets 2013: $7,9502013Assets 2015: $13,455Liabilities 2015: $2,640Net Assets 2015: $10,8152015Assets 2016: $12,330Liabilities 2016: $0Net Assets 2016: $12,3302016Assets 2017: $50,291Liabilities 2017: $0Net Assets 2017: $50,2912017Assets 2018: $49,301Liabilities 2018: $2,520Net Assets 2018: $46,7812018Assets 2020: $121,918Liabilities 2020: $4,500Net Assets 2020: $117,4182020Assets 2021: $223,012Liabilities 2021: $30,205Net Assets 2021: $192,8072021Assets 2022: $260,773Liabilities 2022: $16,440Net Assets 2022: $244,3332022Assets 2024: $181,151Liabilities 2024: $40,935Net Assets 2024: $140,2162024

Highlighted filing

2024

Assets$181,151
Liabilities$40,935
Net Assets$140,216

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KExpenses 2010: $50,6482010Expenses 2011: $46,4562011Expenses 2012: $398,4612012Revenue 2013: $1,402Expenses 2013: $7,905Net Income 2013: -$6,5032013Revenue 2015: $19,951Expenses 2015: $19,526Net Income 2015: $4252015Revenue 2016: $36,115Expenses 2016: $34,600Net Income 2016: $1,5152016Revenue 2017: $92,847Expenses 2017: $54,886Net Income 2017: $37,9612017Revenue 2018: $68,558Expenses 2018: $72,068Net Income 2018: -$3,5102018Revenue 2020: $97,975Expenses 2020: $79,286Net Income 2020: $18,6892020Revenue 2021: $169,367Expenses 2021: $93,978Net Income 2021: $75,3892021Revenue 2022: $170,146Expenses 2022: $118,620Net Income 2022: $51,5262022Revenue 2024: $132,909Expenses 2024: $213,794Net Income 2024: -$80,8852024

Highlighted filing

2024

Revenue$132,909
Expenses$213,794
Net Income-$80,885

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.41$1.40$1.33$2.14$0.81
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.16$2.44$1.70$1.19$0.52
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.30$1.93$1.69$0.94$0.75
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.05$1.17$0.98$0.79$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.03$0.47$0.69$0.72$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.00$0.50$0.93$0.55$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.36$0.35$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.03$0.11$0.20$0.20$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.12$0.04$0.08$0.01$0.08$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.23$0.14$3.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$0.46$3.47$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$0.12$3.80$0.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 28, 2025
Return Version
2024v5.2
Gross Receipts
$1,057,119
Mission and Program Overview

Mission

Retirement for firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$150,000$61,486▼ $88,514
Prepaid Expenses and Deferred Charges$58,800$56,601▼ $2,199
Cash and Non-Interest-Bearing Accounts$18,199$35,868▲ $17,669
Land, Buildings, and Equipment, Net$27,952$27,196▼ $756
Total Assets$254,951$181,151▼ $73,800
Liabilities
Accounts Payable and Accrued Expenses$33,850$40,935▲ $7,085
Total Liabilities$33,850$40,935▲ $7,085
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$221,101$140,216▼ $80,885
Total Net Assets Fund Balance$221,101$140,216▼ $80,885
Total Liabilities and Net Assets / Fund Balance$254,951$181,151▼ $73,800

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,196$2,300$29,496
Compensation and Service Providers

Employees

NameTitleBaseTotal
John CrowleyTrustee$1,800$1,800
Larry DuisTrustee$1,000$1,000

Board Members and Trustees

NameTitle
Derrick RuetherPresident
David VerhelstVice President
Chance AnseeuwTrustee
Adam GrengsSecretary
Stanton IsfeldSecretary
Jerome VerhelstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,720
Program Service Revenue
$9,244
Investment Income
$6,562
Other Revenue
$109,383
All Other Contributions
$7,140
Change in Net Assets
$-80,885
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$158,350
Other Expenses$48,404
Salaries, Compensation, and Employee Benefits$7,040
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$157,100--$157,100
Current Officers, Directors, Trustees, and Key Employees$540$6,500-$7,040
Fees for Services Accounting$475$1,540-$2,015
Grants to Domestic Individuals$1,250--$1,250
Other Expenses$194$1,109-$1,109
Depreciation Depletion-$756-$756
Total Functional Expenses$197,274$16,520$0$213,794
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of CanbyCanby, MNCityPayments on Fire Equipment$71,002
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$988,495
Gaming Direct Expenses$906,616
Fundraising Gross Income$42,551
Fundraising Direct Expenses$17,594
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Steak Fry$25,146$25,146$1,517$23,629
Calendar Adv$10,650$10,650$6,146$4,504
Total Events$42,551$42,551$17,594$24,957
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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

Members or stockholder classes and rights Part VI line 6

Each member of the fire department is a member of the fire relief association and each have equal rights to retirement funds and voting.

Member election for additional members Part VI line 7A

Each member gets a vote in electing the officers of the organization.

Governing body decisions Part VI line 7B

The state requires the membership to appove all gambling expenses everymonth before they are paid

Form 990 governing body review Part VI line 11

The membership reviews the 990 at the next meeting after it is completed. The 990 and 990t are filed as soon as they are completed and signed.

Conflict of interest policy compliance Part VI line 12C

The organization gets an annual audit to test for related party transactions to make sure it complys with the state law and compliance policy.

Governing documents etc available to public Part VI line 19

Form 990 is available at the city office upon request.

Filing and Contact Details

Filer

Filer Name
Firemens Relief Assn of Canby Mn
EIN
41-6037162
In Care Of
% CHANCE ANSEEUW
Phone
5078292918
Address
110 OSCAR AVENUE N, CANBY, MN 56220

Signing Officer

Name
Chance Anseeuw
Title
Trustee
Phone
5078294316
Signed
2025-10-28
Discuss with paid preparer
No

Organization Details

Principal Officer
Derrick Ruether
Formed
1906
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
28

Preparer

Firm
Nancy M Bormann PA
Address
108 St Olaf Avenue North, Canby, MN 56220
Preparer
Nancy Bormann
Phone
5072237869
Raw XML AppendixShowing 400 of 422 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/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061486
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt027196
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02300
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt029496
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027196
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017594
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STEAK FRY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CALENDAR ADV
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09931
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09931
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025146
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010650
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06755
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042551
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025146
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010650
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06755
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042551
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024957
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07663
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01517
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06146
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt012845
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt060900
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0748065
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0821810
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0906616
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt018031
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt078790
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0891674
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0988495
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt081879
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt05957
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt067174
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt061217
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt017632
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt017632
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerCompensationAmt03600
IRS990ScheduleG/GamingManagerIsIndCntrctInd0X
IRS990ScheduleG/GamingManagerPersonNm0JASON HOFFMAN
IRS990ScheduleG/GamingManagerServicesProvTxt0RECORD KEEPING AND REPORT FILING WITH MN GAMBLING
IRS990ScheduleG/GamingOtherFacilityPct01.000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/IndividualWithBooksNm0JASON HOFFMAN
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0true
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0110 OSCAR AVENUE N
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0CANBY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd056220
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt071002
IRS990ScheduleI/RecipientTable/IRCSectionDesc0CITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PAYMENTS ON FIRE EQUIPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF CANBY
IRS990ScheduleI/RecipientTable/RecipientEIN0416005031
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0110 OSCAR AVE N
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CANBY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd056220
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH MEMBER OF THE FIRE DEPARTMENT IS A MEMBER OF THE FIRE RELIEF ASSOCIATION AND EACH HAVE EQUAL RIGHTS TO RETIREMENT FUNDS AND VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER GETS A VOTE IN ELECTING THE OFFICERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE STATE REQUIRES THE MEMBERSHIP TO APPOVE ALL GAMBLING EXPENSES EVERYMONTH BEFORE THEY ARE PAID
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERSHIP REVIEWS THE 990 AT THE NEXT MEETING AFTER IT IS COMPLETED. THE 990 AND 990T ARE FILED AS SOON AS THEY ARE COMPLETED AND SIGNED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION GETS AN ANNUAL AUDIT TO TEST FOR RELATED PARTY TRANSACTIONS TO MAKE SURE IT COMPLYS WITH THE STATE LAW AND COMPLIANCE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS AVAILABLE AT THE CITY OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0254951
IRS990/TotalAssetsEOYAmt0181151
IRS990/TotalAssetsGrp/BOYAmt0254951
IRS990/TotalAssetsGrp/EOYAmt0181151
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07720
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016520
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0197274
IRS990/TotalFunctionalExpensesGrp/TotalAmt0213794
IRS990/TotalGrossUBIAmt082296
IRS990/TotalLiabilitiesBOYAmt033850
IRS990/TotalLiabilitiesEOYAmt040935
IRS990/TotalLiabilitiesGrp/BOYAmt033850
IRS990/TotalLiabilitiesGrp/EOYAmt040935
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0221101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0140216
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0197274
IRS990/TotalProgramServiceRevenueAmt09244
IRS990/TotalReportableCompFromOrgAmt02800
IRS990/TotalRevenueGrp/ExclusionAmt024957
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017936
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0132909
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt082296
IRS990/TotalVolunteersCnt028
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0254951
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0181151
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0110 OSCAR AVENUE N
IRS990/USAddress/CityNm0CANBY
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056220
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHANCE ANSEEUW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum05078294316
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIREMENS RELIEF ASSN OF CANBY MN

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