Civic Intelligence

Welcome Fire Department Relief Association

990EZ • Fiscal year 2020 • EIN 41-6037913

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 31, 2021

Box 373Welcome, MN 56181

(507) 728-8251

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.02x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-44%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$466,397

Up $73,248 (+19%) from 2016

Net Assets

Up

$465,436

Up $72,287 (+18%) from 2016

Liabilities

$961

No earlier filing loaded for comparison.

Revenue

Down

$53,074

Down $7,660 (-13%) from 2016

Expenses

Up

$76,602

Up $72,283 (+1674%) from 2016

Net Income

Down

-$23,528

Down $79,943 (-142%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $279,267Liabilities 2011: $02011Assets 2012: $295,709Liabilities 2012: $02012Assets 2013: $307,831Liabilities 2013: $02013Assets 2014: $335,023Liabilities 2014: $02014Assets 2015: $336,734Liabilities 2015: $02015Assets 2016: $393,149Net Assets 2016: $393,1492016Assets 2020: $466,397Liabilities 2020: $961Net Assets 2020: $465,4362020Assets 2021: $441,356Liabilities 2021: $40Net Assets 2021: $441,3162021Assets 2022: $494,683Liabilities 2022: $4,5502022Assets 2023: $490,373Liabilities 2023: $02023Assets 2024: $486,266Liabilities 2024: $0Net Assets 2024: $486,2662024

Highlighted filing

2020

Assets$466,397
Liabilities$961
Net Assets$465,436

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $42,246Expenses 2011: $39,751Net Income 2011: $2,4952011Revenue 2012: $38,233Expenses 2012: $21,791Net Income 2012: $16,4422012Revenue 2013: $38,472Expenses 2013: $26,350Net Income 2013: $12,1222013Revenue 2014: $35,537Expenses 2014: $8,345Net Income 2014: $27,1922014Revenue 2015: $36,622Expenses 2015: $34,911Net Income 2015: $1,7112015Revenue 2016: $60,734Expenses 2016: $4,319Net Income 2016: $56,4152016Revenue 2020: $53,074Expenses 2020: $76,602Net Income 2020: -$23,5282020Revenue 2021: $81,982Expenses 2021: $106,103Net Income 2021: -$24,1212021Revenue 2022: $95,412Expenses 2022: $46,595Net Income 2022: $48,8172022Revenue 2023: $63,368Expenses 2023: $63,128Net Income 2023: $2402023Revenue 2024: $52,474Expenses 2024: $56,581Net Income 2024: -$4,1072024

Highlighted filing

2020

Revenue$53,074
Expenses$76,602
Net Income-$23,528
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 31, 2021
Return Version
2020v4.0
Gross Receipts
$54,637
Mission and Program Overview

Mission

The welcome firmemen's relief association consists of two seperate funds. The primary purpose of the general fund is to raise funds for the welfare of the association and its members and provide funding for the purchase of equipment for the fire department. The primary purpose of the special fund is to provide disability and pension benefits to members.

Program Services

DescriptionGrantsExpenses
THE RELIEF ASSOCIATION PROVIDES PENSION BENEFITS TO IT MEMBERS. TWO MEMBERS RETIRED DURING 2020.-$53,204
THE RELIEF ASSOCIATION MADE CONTRIBUTIONS FOR THE PURCHASE OF FIREFIGHTING EQUIPMENT AND RECOGNITION OF THE SERVICE OF VOLUNTEER FIREFIGHTERS INCLUDING A DONATION TO BRING THE 911 EXHIBIT TO THE COUNTY FAIR.$22,085$23,398
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LUKE MILLERPresident-$0--
DARIN COOKTreasurer-$0--
COREY ANDERSONSecretary-$0--
JAY MULSOTrustee-$0--
MIKE LEINSCHMIDTTrustee-$0--
PAUL HEINTrustee-$0--
JACK NEWVILLEMunicipal Tr-$0--
KIM HOLMMunicipal Tr-$0--
CHRIS BORCHARDTMunicipal Tr-$0--
Filing and Contact Details

Filer

Filer Name
WELCOME FIREMEN'S RELIEF
EIN
41-6037913
Phone
5077288251
Address
BOX 373, WELCOME, MN 56181

Signing Officer

Name
Darin Cook
Title
Treasurer
Phone
5077288251
Signed
2021-03-31
Discuss with paid preparer
Yes

Preparer

Firm
Erpelding Voigt & Co Llp
Address
1295 HWY 15 SOUTH, FAIRMONT, MN 56031
Preparer
Sarah L Gerhard
Phone
5072353377
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: donations cash contribution: 22,085

Form 990-ez, Part I, Line 16

Expenses firemen's benefit 301 safe deposit box 12 state fee 25 total 338

Form 990-ez, Part II, Line 24

Accounts receivable 0 2,000 interest receivable 822 834 total 822 2,834

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,317 961

Form 990-ez, Part III

The welcome firmemen's relief association consists of two seperate funds. The primary purpose of the general fund is to raise funds for the welfare of the association and its members and provide funding for the purchase of equipment for the fire department. The primary purpose of the special fund is to provide disability and pension benefits to members.

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE RELIEF ASSOCIATION PROVIDES PENSION BENEFITS TO IT MEMBERS. TWO MEMBERS RETIRED DURING 2020.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: DONATIONS CASH CONTRIBUTION: 22,085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES FIREMEN'S BENEFIT 301 SAFE DEPOSIT BOX 12 STATE FEE 25 TOTAL 338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 2,000 INTEREST RECEIVABLE 822 834 TOTAL 822 2,834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,317 961
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE WELCOME FIRMEMEN'S RELIEF ASSOCIATION CONSISTS OF TWO SEPERATE FUNDS. THE PRIMARY PURPOSE OF THE GENERAL FUND IS TO RAISE FUNDS FOR THE WELFARE OF THE ASSOCIATION AND ITS MEMBERS AND PROVIDE FUNDING FOR THE PURCHASE OF EQUIPMENT FOR THE FIRE DEPARTMENT. THE PRIMARY PURPOSE OF THE SPECIAL FUND IS TO PROVIDE DISABILITY AND PENSION BENEFITS TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05077288251
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-31
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ReturnHeader/Filer/EIN0416037913
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerPersonGrp/PhoneNum05072353377
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARAH L GERHARD
ReturnHeader/ReturnTs02021-04-02T14:47:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DARIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COOK
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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