Civic Intelligence

Firemens Relief Association

EIN 41-6044909 • 501(c)4 • Rothsay, MN

Profile

The association provides retirement, death, and disability benefits to volunteer firemen associated with the city of rothsay, minnesota.

108 2nd Street NWRothsay, MN 56579

n/A

Siviq Scores

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

Liabilities / Assets

28th percentile

0.00x

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

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

Liabilities / Revenue

30th percentile

0.00x

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

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

Net Margin

94th percentile

73%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Assets

Up

$588,871

Up $110,302 (+23%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$588,871

Up $110,302 (+23%) from 2022

Revenue

Up

$93,590

Up $128,004 (+372%) from 2022

Expenses

Down

$25,504

Down $19,734 (-44%) from 2022

Net Income

Up

$68,086

Up $147,738 (+185%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $360,964Liabilities 2010: $21,924Net Assets 2010: $339,0402010Assets 2011: $315,857Liabilities 2011: $259Net Assets 2011: $315,5982011Assets 2012: $362,862Liabilities 2012: $620Net Assets 2012: $362,2422012Assets 2013: $367,213Liabilities 2013: $687Net Assets 2013: $366,5262013Assets 2014: $329,076Liabilities 2014: $610Net Assets 2014: $328,4662014Assets 2015: $308,795Liabilities 2015: $0Net Assets 2015: $308,7952015Assets 2016: $359,490Liabilities 2016: $3,300Net Assets 2016: $356,1902016Assets 2017: $418,093Liabilities 2017: $2,960Net Assets 2017: $415,1332017Assets 2018: $380,011Liabilities 2018: $8,165Net Assets 2018: $371,8462018Assets 2019: $402,013Liabilities 2019: $0Net Assets 2019: $402,0132019Assets 2020: $451,999Liabilities 2020: $3,920Net Assets 2020: $448,0792020Assets 2021: $558,221Liabilities 2021: $0Net Assets 2021: $558,2212021Assets 2022: $478,569Liabilities 2022: $0Net Assets 2022: $478,5692022Assets 2024: $588,871Liabilities 2024: $0Net Assets 2024: $588,8712024

Highlighted filing

2024

Assets$588,871
Liabilities$0
Net Assets$588,871

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $23,345Expenses 2010: $6,532Net Income 2010: $16,8132010Expenses 2011: $27,9662011Revenue 2012: $17,257Expenses 2012: $6,311Net Income 2012: $10,9462012Revenue 2013: $29,661Expenses 2013: $84,379Net Income 2013: -$54,7182013Revenue 2014: $27,510Expenses 2014: $70,397Net Income 2014: -$42,8872014Revenue 2015: $54,110Expenses 2015: $33,699Net Income 2015: $20,4112015Revenue 2016: $39,192Expenses 2016: $10,822Net Income 2016: $28,3702016Revenue 2017: $43,110Expenses 2017: $8,135Net Income 2017: $34,9752017Revenue 2018: $52,110Expenses 2018: $45,582Net Income 2018: $6,5282018Revenue 2019: $39,389Expenses 2019: $57,755Net Income 2019: -$18,3662019Revenue 2020: $33,967Expenses 2020: $7,413Net Income 2020: $26,5542020Revenue 2021: $122,434Expenses 2021: $12,292Net Income 2021: $110,1422021Revenue 2022: -$34,414Expenses 2022: $45,238Net Income 2022: -$79,6522022Revenue 2024: $93,590Expenses 2024: $25,504Net Income 2024: $68,0862024

Highlighted filing

2024

Revenue$93,590
Expenses$25,504
Net Income$68,086

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.89$0.00$5.89$0.94$0.26$0.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$0.00$4.79$0.34$0.45$0.80
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.00$5.58$1.22$0.12$1.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.04$4.48$0.34$0.07$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.00$4.02$0.39$0.58$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.08$3.72$0.52$0.46$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$0.03$4.15$0.43$0.08$0.35
2016Summary only. Only limited summary data is available for this year.$3.59$0.03$3.56$0.39$0.11$0.28
2015Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.54$0.34$0.20
2014Summary only. Only limited summary data is available for this year.$3.29$0.01$3.28$0.28$0.70$0.43
2013Detailed filing. Detailed filing data is available for this year.$3.67$0.01$3.67$0.30$0.84$0.55
2012Summary only. Only limited summary data is available for this year.$3.63$0.01$3.62$0.17$0.06$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.00$3.16$0.28
2010Summary only. Only limited summary data is available for this year.$3.61$0.22$3.39$0.23$0.07$0.17
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$1,573,789
Mission and Program Overview

Mission

The Association provides retirement, death, and disability benefits to volunteer firemen associated with the City of Rothsay, Minnesota

The association provides retirement, death, and disability benefits to volunteer firemen associated with the city of rothsay, minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$558,221$478,569▼ $79,652
Investments in Publicly Traded Securities$488,688$395,852▼ $92,836
Cash and Non-Interest-Bearing Accounts$44,716$79,829▲ $35,113
Accounts Receivable$21,955$0▼ $21,955
Inventories for Sale or Use$2,862$2,888▲ $26
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$558,221$478,569▼ $79,652
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$558,221$478,569▼ $79,652
Total Liabilities and Net Assets / Fund Balance$558,221$478,569▼ $79,652
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gene NordPresident
Cale BrandtVice President
Daryl SchleeterTrustee
Travis OlsonTrustee
Eric LarsonSecretary
Nathan JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,237
Program Service Revenue
$0
Investment Income
$-73,093
Other Revenue
$26,442
All Other Contributions
$12,237
Change in Net Assets
$-79,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,238
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
Fees for Services Accounting$2,495--$2,495
Other Expenses$248--$248
Total Functional Expenses$45,238$0$0$45,238
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$1,627,491
Gaming Direct Expenses$1,605,552
Fundraising Gross Income$6,855
Fundraising Direct Expenses$2,651
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Event$6,855$6,855$2,651$4,204
Total Events$6,855$6,855$2,651$4,204
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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

Form 990, Part VI, Section A, Line 6

The association consists of members who are volunteer firemen with the city of rothsay, minnesota. Members are approved by the city of rothsay, minnesota.

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

Members of the association elect the governing board (board of trustees).

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

All recommendations by the board of trustees are subject to approval by the members.

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

Board of trustees reviews and approves form 990.

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

Members of the board of trustees are required to complete statements of economic interest annually.

Form 990, Part VI, Section C, Line 19

The association's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Firemens Relief Association
EIN
41-6044909
Address
108 2ND STREET NW, ROTHSAY, MN 56579

Signing Officer

Name
Eric Larson
Title
Secretary
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Larson
Formed
1949
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
22

Preparer

Firm
Smith & Sem Ltd
Address
2011 College Way, Fergus Falls, MN 56537
Preparer
Rebecca A Bennett
Phone
2187394546
Raw XML Appendix392 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/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0558221
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0478569
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0true
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02651
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt06855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt06855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt06855
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt06855
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04204
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02651
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02651
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt019107
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt01329446
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01348553
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt01605552
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt035172
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt01592319
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt01627491
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt021939
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0207973
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt013084
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0194889
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt049026
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt049026
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0KEVIN WATTERUD
IRS990ScheduleG/GamingManagerServicesProvTxt0AUDITS PULLTAB GAMES AND PREPARES FINANC
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksName/BusinessNameLine1Txt0KEVIN WATTERUD
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01751 320TH AVENUE
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0ROTHSAY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd056579
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION CONSISTS OF MEMBERS WHO ARE VOLUNTEER FIREMEN WITH THE CITY OF ROTHSAY, MINNESOTA. MEMBERS ARE APPROVED BY THE CITY OF ROTHSAY, MINNESOTA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE ASSOCIATION ELECT THE GOVERNING BOARD (BOARD OF TRUSTEES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL RECOMMENDATIONS BY THE BOARD OF TRUSTEES ARE SUBJECT TO APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF TRUSTEES REVIEWS AND APPROVES FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO COMPLETE STATEMENTS OF ECONOMIC INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC 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 B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0558221
IRS990/TotalAssetsEOYAmt0478569
IRS990/TotalAssetsGrp/BOYAmt0558221
IRS990/TotalAssetsGrp/EOYAmt0478569
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012237
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt045238
IRS990/TotalFunctionalExpensesGrp/TotalAmt045238
IRS990/TotalGrossUBIAmt019257
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0558221
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0478569
IRS990/TotalProgramServiceExpensesAmt045238
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-70112
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-34414
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt019257
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558221
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0478569
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0108 2ND STREET NW
IRS990/USAddress/CityNm0ROTHSAY
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056579
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIREMENS RELIEF ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0416044909
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 2ND STREET NW
ReturnHeader/Filer/USAddress/CityNm0ROTHSAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056579
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411893471
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SMITH & SEM LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02011 College Way
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fergus Falls
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056537
ReturnHeader/PreparerPersonGrp/PhoneNum02187394546
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rebecca A Bennett
ReturnHeader/ReturnTs02023-11-14T10:58:18-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LARSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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