Civic Intelligence

Firemens Relief Assns of Minn Little

990 • Fiscal year 2017 • EIN 41-6037748

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 27, 2018

325 Little Canada RoadLittle Canada, MN 55117

(651) 303-7303

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

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

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

0.00x

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

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Net Margin

4th percentile

-68%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$500

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2017

Asset Growth

65th percentile

7.0%

Faster asset growth than 65% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-6.3%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,932,212

Up $126,914 (+7.0%) from 2016

Net Assets

Up

$1,932,212

Up $147,430 (+8.3%) from 2016

Liabilities

Down

$0

Down $20,516 (-100%) from 2016

Revenue

Down

$140,922

Down $9,440 (-6.3%) from 2016

Expenses

Down

$236,984

Down $272,081 (-53%) from 2016

Net Income

Up

-$96,062

Up $262,641 (+73%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,687,941Liabilities 2011: $0Net Assets 2011: $1,687,9412011Assets 2012: $1,803,551Liabilities 2012: $0Net Assets 2012: $1,803,5512012Assets 2013: $2,137,035Liabilities 2013: $0Net Assets 2013: $2,137,0352013Assets 2014: $2,075,889Liabilities 2014: $0Net Assets 2014: $2,075,8892014Assets 2015: $2,026,421Liabilities 2015: $0Net Assets 2015: $2,026,4212015Assets 2016: $1,805,298Liabilities 2016: $20,516Net Assets 2016: $1,784,7822016Assets 2017: $1,932,212Liabilities 2017: $0Net Assets 2017: $1,932,2122017Assets 2018: $1,758,994Liabilities 2018: $0Net Assets 2018: $1,758,9942018Assets 2019: $2,129,856Liabilities 2019: $0Net Assets 2019: $2,129,8562019Assets 2020: $2,144,821Liabilities 2020: $0Net Assets 2020: $2,144,8212020Assets 2021: $2,170,032Liabilities 2021: $0Net Assets 2021: $2,170,0322021Assets 2022: $2,000,189Liabilities 2022: $0Net Assets 2022: $2,000,1892022Assets 2023: $2,203,433Liabilities 2023: $0Net Assets 2023: $2,203,4332023Assets 2024: $2,279,550Liabilities 2024: $24,337Net Assets 2024: $2,255,2132024

Highlighted filing

2017

Assets$1,932,212
Liabilities$0
Net Assets$1,932,212

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $68,1222011Expenses 2012: $121,6832012Revenue 2013: $112,528Expenses 2013: $28,022Net Income 2013: $84,5062013Revenue 2014: $172,475Expenses 2014: $272,465Net Income 2014: -$99,9902014Revenue 2015: $150,560Expenses 2015: $74,477Net Income 2015: $76,0832015Revenue 2016: $150,362Expenses 2016: $509,065Net Income 2016: -$358,7032016Revenue 2017: $140,922Expenses 2017: $236,984Net Income 2017: -$96,0622017Revenue 2018: $148,025Expenses 2018: $174,470Net Income 2018: -$26,4452018Revenue 2019: $145,235Expenses 2019: $31,248Net Income 2019: $113,9872019Revenue 2020: $161,744Expenses 2020: $248,766Net Income 2020: -$87,0222020Revenue 2021: $158,153Expenses 2021: $291,154Net Income 2021: -$133,0012021Revenue 2022: $160,826Expenses 2022: $33,675Net Income 2022: $127,1512022Revenue 2023: $180,452Expenses 2023: $134,693Net Income 2023: $45,7592023Revenue 2024: $222,943Expenses 2024: $279,972Net Income 2024: -$57,0292024

Highlighted filing

2017

Revenue$140,922
Expenses$236,984
Net Income-$96,062
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 27, 2018
Return Version
2017v2.2
Gross Receipts
$140,922
Mission and Program Overview

Mission

The association receives and manages public money to provide retirement benefits for individuals providing the public service of firefighting. The objectives of the plan shall be to provide service pensions and ancillary benefits to members and dependents.

To provide retirement benefits for individuals providing the governmental services of firefighting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,784,782$1,932,212▲ $147,430
Investments in Publicly Traded Securities$1,719,537$1,833,321▲ $113,784
Savings and Temporary Cash Investments$80,230$95,677▲ $15,447
Accounts Receivable$5,000$2,000▼ $3,000
Cash and Non-Interest-Bearing Accounts$531$1,214▲ $683
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,805,298$1,932,212▲ $126,914
Liabilities
Accounts Payable and Accrued Expenses$20,516$0▼ $20,516
Total Liabilities$20,516$0▼ $20,516
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,784,782$1,932,212▲ $147,430
Total Liabilities and Net Assets / Fund Balance$1,805,298$1,932,212▲ $126,914
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jamie SuciuPresident$500$500
Mike MorelanSecretary$250$250
Pat BarrettVice President$250$250
Thomas GornikTrustee$130$130
Justin BossTrustee$120$120

Board Members and Trustees

NameTitle
Don SmileyEx-officio Trustee
John KiesEx-officio Trustee
Mike McgrawEx-officio Trustee
Karl StohmeierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$93,061
Program Service Revenue
$0
Investment Income
$47,861
Other Revenue
$0
All Other Contributions
$3,806
Change in Net Assets
$-96,062

Audited Revenue Reconciliation

Revenue per Audited Statements
$118,977
Revenue Not Reported on Financial Statements
$21,945
Revenue Not Reported on Form 990
$243,492
Total Revenue per Audited Statements
$362,469
Total Revenue per Form 990
$140,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,785
Salaries, Compensation, and Employee Benefits$1,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$206,949--$206,949
Fees for Service Investment Mgmnt Fees-$21,945-$21,945
Fees for Services Accounting-$6,840-$6,840
Current Officers, Directors, Trustees, and Key Employees-$1,250-$1,250
Total Functional Expenses$206,949$30,035$0$236,984

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$236,984
Expenses per Audited Statements$215,039
Total Expenses per Audited Statements$215,039
Expenses Not Reported on Financial Statements$21,945
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

All volunteer firefighters of the fire department shall be eligible for membership in the association. There are three classes of membership, active, deferred and disabled.

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

Trustees are elected by the members at the annual meeting. Each member has one vote.

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

Routine operating decisions of the board are not subject to approval by the membership. Any changes to the association's bylaws must be approved by a two-thirds vote of the membership.

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

No such committees exist.

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

Yes, reviewed by the board at a monthly meeting.

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
LITTLE CANADA FIREFIGHTER'S
EIN
41-6037748
Phone
6513037303
Address
325 LITTLE CANADA ROAD, LITTLE CANADA, MN 55117

Signing Officer

Name
Jamie Suciu
Title
President
Phone
6513037303
Signed
2018-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamie Suciu
Formed
1961
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
3

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 Appendix337 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/MissionDesc0THE ASSOCIATION RECEIVES AND MANAGES PUBLIC MONEY TO PROVIDE RETIREMENT BENEFITS FOR INDIVIDUALS PROVIDING THE PUBLIC SERVICE OF FIREFIGHTING. THE OBJECTIVES OF THE PLAN SHALL BE TO PROVIDE SERVICE PENSIONS AND ANCILLARY BENEFITS TO MEMBERS AND DEPENDENTS.
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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/ExplanationTxt0ALL VOLUNTEER FIREFIGHTERS OF THE FIRE DEPARTMENT SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION. THERE ARE THREE CLASSES OF MEMBERSHIP, ACTIVE, DEFERRED AND DISABLED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES ARE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUTINE OPERATING DECISIONS OF THE BOARD ARE NOT SUBJECT TO APPROVAL BY THE MEMBERSHIP. ANY CHANGES TO THE ASSOCIATION'S BYLAWS MUST BE APPROVED BY A TWO-THIRDS VOTE OF THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO SUCH COMMITTEES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4YES, REVIEWED BY THE BOARD AT A MONTHLY MEETING.
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/TotalAssetsBOYAmt01805298
IRS990/TotalAssetsEOYAmt01932212
IRS990/TotalAssetsGrp/BOYAmt01805298
IRS990/TotalAssetsGrp/EOYAmt01932212
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt093061
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt030035
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0206949
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236984
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020516
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt020516
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01784782
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01932212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0206949
IRS990/TotalReportableCompFromOrgAmt01250
IRS990/TotalRevenueGrp/ExclusionAmt047861
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0140922
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01805298
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01932212
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0325 LITTLE CANADA ROAD
IRS990/USAddress/CityNm0LITTLE CANADA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055117
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMIE SUCIU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06513037303
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LITTLE CANADA FIREFIGHTER'S
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RELIEF ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0416037748
ReturnHeader/Filer/PhoneNum06513037303
ReturnHeader/Filer/USAddress/AddressLine1Txt0325 LITTLE CANADA ROAD
ReturnHeader/Filer/USAddress/CityNm0LITTLE CANADA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055117
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BFDFC22C2A427B3DA11E79102F9C8CEF98ED4593
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId037ABC2B2962A9131CC8C3A05FD6120E857ACDF60
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.224.170.94
ReturnHeader/FilingSecurityInformation/IPDt02018-02-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:31:00
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/PreparationDt02018-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY C REHN CPA
ReturnHeader/ReturnTs02018-03-02T14:57:12-06:00
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
2024Detailed filing. Detailed filing data is available for this year.$2.28$0.02$2.26$0.22$0.28$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.00$2.20$0.18$0.13$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.00$2.00$0.16$0.03$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.00$2.17$0.16$0.29$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.00$2.14$0.16$0.25$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.00$2.13$0.15$0.03$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.00$1.76$0.15$0.17$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.14$0.24$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.02$1.78$0.15$0.51$0.36
2015Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.15$0.07$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.17$0.27$0.10
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.00$2.14$0.11$0.03$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)4 • $1M-$5M nonprofits