Civic Intelligence

Lake Elmo Firefighters Relief Association

990 • Fiscal year 2018 • EIN 41-6077988

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 28, 2019

Refreshing map…

3510 Laverne Avenue NorthLake Elmo, MN 55042

(651) 775-6727

Siviq Scores

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

Liabilities / Assets

37th percentile

0.02x

Higher debt load relative to assets than 37% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.21x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

7th percentile

-35%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

61st percentile

$1,500

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

16th percentile

-7.9%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

3.7%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,235,500

Down $105,606 (-7.9%) from 2017

Net Assets

Down

$1,215,223

Down $115,393 (-8.7%) from 2017

Liabilities

Up

$20,277

Up $9,787 (+93%) from 2017

Revenue

Up

$97,107

Up $3,451 (+3.7%) from 2017

Expenses

Up

$130,785

Up $100,978 (+339%) from 2017

Net Income

Down

-$33,678

Down $97,527 (-153%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $937,410Liabilities 2011: $0Net Assets 2011: $937,4102011Assets 2012: $976,511Liabilities 2012: $0Net Assets 2012: $976,5112012Assets 2013: $1,137,217Liabilities 2013: $0Net Assets 2013: $1,137,2172013Assets 2014: $1,223,862Liabilities 2014: $8,610Net Assets 2014: $1,215,2522014Assets 2015: $1,050,194Liabilities 2015: $28,492Net Assets 2015: $1,021,7022015Assets 2016: $1,128,666Liabilities 2016: $3,133Net Assets 2016: $1,125,5332016Assets 2017: $1,341,106Liabilities 2017: $10,490Net Assets 2017: $1,330,6162017Assets 2018: $1,235,500Liabilities 2018: $20,277Net Assets 2018: $1,215,2232018Assets 2019: $1,164,901Liabilities 2019: $21,252Net Assets 2019: $1,143,6492019Assets 2020: $1,327,483Liabilities 2020: $6,224Net Assets 2020: $1,321,2592020Assets 2021: $1,501,584Liabilities 2021: $65Net Assets 2021: $1,501,5192021Assets 2022: $1,311,328Liabilities 2022: $65Net Assets 2022: $1,311,2632022Assets 2023: $172,438Liabilities 2023: $135,961Net Assets 2023: $36,4772023

Highlighted filing

2018

Assets$1,235,500
Liabilities$20,277
Net Assets$1,215,223

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $61,692Expenses 2011: $22,540Net Income 2011: $39,1522011Expenses 2012: $87,6752012Revenue 2013: $95,953Expenses 2013: $49,366Net Income 2013: $46,5872013Revenue 2014: $97,549Expenses 2014: $34,704Net Income 2014: $62,8452014Revenue 2015: $99,539Expenses 2015: $228,426Net Income 2015: -$128,8872015Revenue 2016: $87,187Expenses 2016: $37,981Net Income 2016: $49,2062016Revenue 2017: $93,656Expenses 2017: $29,807Net Income 2017: $63,8492017Revenue 2018: $97,107Expenses 2018: $130,785Net Income 2018: -$33,6782018Revenue 2019: $92,193Expenses 2019: $280,999Net Income 2019: -$188,8062019Revenue 2020: $109,122Expenses 2020: $31,587Net Income 2020: $77,5352020Revenue 2021: $188,945Expenses 2021: $31,693Net Income 2021: $157,2522021Revenue 2022: $73,586Expenses 2022: $142,953Net Income 2022: -$69,3672022Revenue 2023: $347,667Expenses 2023: $71,312Net Income 2023: $276,3552023

Highlighted filing

2018

Revenue$97,107
Expenses$130,785
Net Income-$33,678
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 28, 2019
Return Version
2018v3.1
Gross Receipts
$97,107
Mission and Program Overview

Mission

The fire relief association provides retirement relief and other benefits to members and their dependents.

To provide retirement relief and other benefits to members and their dependents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$1,330,616$1,215,223▼ $115,393
Investments in Publicly Traded Securities$1,139,583$768,160▼ $371,423
Cash and Non-Interest-Bearing Accounts$51,088$302,857▲ $251,769
Pledges and Grants Receivable-$126,680-
Accounts Receivable$61,147--
Savings and Temporary Cash Investments$89,288$37,803▼ $51,485
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$1,341,106$1,235,500▼ $105,606
Liabilities
Accounts Payable and Accrued Expenses$10,490$20,277▲ $9,787
Total Liabilities$10,490$20,277▲ $9,787
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,330,616$1,215,223▼ $115,393
Total Liabilities and Net Assets / Fund Balance$1,341,106$1,235,500▼ $105,606
Compensation and Service Providers

Employees

NameTitleBaseTotal
Steve RutkowskiPresident$1,500$1,500
Chris KleinSecretary$1,200$1,200

Board Members and Trustees

NameTitle
Alex HilpishVice President
Nick WitterVice President (part Year)
Greg MalmquistEx-officio Trustee
Jill LundgrenEx-officio Trustee
Sue IversonEx-officio Trustee
Cathy BendallEx-officio Trustee (part Year)
Jeremy PenmanTrustee
Robin GoodspeedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,624
Program Service Revenue
$0
Investment Income
$30,483
Other Revenue
$0
All Other Contributions
$1,091
Change in Net Assets
$-33,678

Audited Revenue Reconciliation

Revenue per Audited Statements
$81,693
Revenue Not Reported on Financial Statements
$15,414
Revenue Not Reported on Form 990
$-76,058
Total Revenue per Audited Statements
$5,635
Total Revenue per Form 990
$97,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,098
Salaries, Compensation, and Employee Benefits$2,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$100,987--$100,987
Fees for Service Investment Mgmnt Fees-$15,414-$15,414
Fees for Services Accounting-$10,656-$10,656
Current Officers, Directors, Trustees, and Key Employees-$2,700-$2,700
Other Expenses$847--$847
Office Expenses-$181-$181
Total Functional Expenses$101,834$28,951$0$130,785

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$130,785
Expenses per Audited Statements$115,371
Total Expenses per Audited Statements$115,371
Expenses Not Reported on Financial Statements$15,414
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 firefighters of the fire department are members of the association and shall be eligible for benefits. Each active member shall be entitled to one vote on any matter voted upon by the membership. Deferred members are not entitled to vote.

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

Six trustees are elected from the membership of the association. There will be three trustees elected by the membership each year at the annual meeting of the association.

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

Routine operating decisions of the association are not subject to approval by the membership. Any changes to the bylaws or articles of incorporation must be approved by the active members.

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

No such committees exist.

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

The form 990 is reviewed by the president and provided to the entire board prior to filing.

Form 990, Part VI, Section B, Line 12

The association does not have its own written conflict of interest policy however, 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
Lake Elmo Firefighters Relief
EIN
41-6077988
Phone
6517756727
Address
3510 LAVERNE AVENUE NORTH, LAKE ELMO, MN 55042

Signing Officer

Name
Steve Rutkowski
Title
President
Phone
6517756727
Signed
2019-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Rutkowski
Formed
1962
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
3
Employees
0
Volunteers
0

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 that would result in an accrual, expense or benefit under a more likely than not standard.

Raw XML Appendix353 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
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05635
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0115371
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL FIREFIGHTERS OF THE FIRE DEPARTMENT ARE MEMBERS OF THE ASSOCIATION AND SHALL BE ELIGIBLE FOR BENEFITS. EACH ACTIVE MEMBER SHALL BE ENTITLED TO ONE VOTE ON ANY MATTER VOTED UPON BY THE MEMBERSHIP. DEFERRED MEMBERS ARE NOT ENTITLED TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SIX TRUSTEES ARE ELECTED FROM THE MEMBERSHIP OF THE ASSOCIATION. THERE WILL BE THREE TRUSTEES ELECTED BY THE MEMBERSHIP EACH YEAR AT THE ANNUAL MEETING OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUTINE OPERATING DECISIONS OF THE ASSOCIATION ARE NOT SUBJECT TO APPROVAL BY THE MEMBERSHIP. ANY CHANGES TO THE BYLAWS OR ARTICLES OF INCORPORATION MUST BE APPROVED BY THE ACTIVE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO SUCH COMMITTEES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE PRESIDENT AND PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION DOES NOT HAVE ITS OWN WRITTEN CONFLICT OF INTEREST POLICY HOWEVER, 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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01341106
IRS990/TotalAssetsEOYAmt01235500
IRS990/TotalAssetsGrp/BOYAmt01341106
IRS990/TotalAssetsGrp/EOYAmt01235500
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt066624
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt028951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101834
IRS990/TotalFunctionalExpensesGrp/TotalAmt0130785
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010490
IRS990/TotalLiabilitiesEOYAmt020277
IRS990/TotalLiabilitiesGrp/BOYAmt010490
IRS990/TotalLiabilitiesGrp/EOYAmt020277
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01330616
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01215223
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101834
IRS990/TotalReportableCompFromOrgAmt02700
IRS990/TotalRevenueGrp/ExclusionAmt030483
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt097107
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01341106
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01235500
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03510 LAVERNE AVENUE NORTH
IRS990/USAddress/CityNm0LAKE ELMO
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055042
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE RUTKOWSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06517756727
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE ELMO FIREFIGHTERS RELIEF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0416077988
ReturnHeader/Filer/PhoneNum06517756727
ReturnHeader/Filer/USAddress/AddressLine1Txt03510 LAVERNE AVENUE NORTH
ReturnHeader/Filer/USAddress/CityNm0LAKE ELMO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055042
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C4926D5FBB7B593E79FEA72CE0C0305E7ABF5185
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0967318B790B1455EE694363059DB49B3290921CA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.224.170.94
ReturnHeader/FilingSecurityInformation/IPDt02019-08-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:03:59
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/PreparationDt02019-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY C REHN CPA
ReturnHeader/ReturnTs02019-09-03T22:16:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.17$0.14$0.04$0.35$0.07$0.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.00$1.31$0.07$0.14$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.00$1.50$0.19$0.03$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.01$1.32$0.11$0.03$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.02$1.14$0.09$0.28$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.24$0.02$1.22$0.10$0.13$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.01$1.33$0.09$0.03$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.09$0.04$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.03$1.02$0.10$0.23$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.01$1.22$0.10$0.03$0.06
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.10$0.05$0.05
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.98$0.09
2011Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.06$0.02$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)4 • $1M-$5M nonprofits