Civic Intelligence

Chanhassen Firefighter'S Relief Association

990 • Fiscal year 2016 • EIN 41-6080033

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 06, 2017

PO Box 97Chanhassen, MN 55317

(952) 215-9919

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

49th percentile

0.11x

Higher debt load relative to revenue than 49% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Net Margin

72nd percentile

20%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

64th percentile

$2,500

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Asset Growth

77th percentile

11%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,197,683

Up $213,386 (+11%) from 2015

Net Assets

Up

$2,167,783

Up $183,486 (+9.2%) from 2015

Liabilities

Up

$29,900

Up $29,900 from 2015

Revenue

Down

$280,357

Down $60,436 (-18%) from 2015

Expenses

Down

$223,164

Down $311,474 (-58%) from 2015

Net Income

Up

$57,193

Up $251,038 (+130%) from 2015

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 2010: $2,536,371Liabilities 2010: $0Net Assets 2010: $2,536,3712010Assets 2011: $2,220,825Liabilities 2011: $0Net Assets 2011: $2,220,8252011Assets 2012: $2,427,361Liabilities 2012: $0Net Assets 2012: $2,427,3612012Assets 2013: $2,584,653Liabilities 2013: $600Net Assets 2013: $2,584,0532013Assets 2014: $2,318,292Liabilities 2014: $0Net Assets 2014: $2,318,2922014Assets 2015: $1,984,297Liabilities 2015: $0Net Assets 2015: $1,984,2972015Assets 2016: $2,197,683Liabilities 2016: $29,900Net Assets 2016: $2,167,7832016Assets 2017: $2,340,373Liabilities 2017: $29,900Net Assets 2017: $2,310,4732017Assets 2018: $2,220,100Liabilities 2018: $38,288Net Assets 2018: $2,181,8122018Assets 2019: $2,593,030Liabilities 2019: $29,900Net Assets 2019: $2,563,1302019Assets 2020: $2,852,660Liabilities 2020: $29,900Net Assets 2020: $2,822,7602020Assets 2021: $2,777,324Liabilities 2021: $29,900Net Assets 2021: $2,747,4242021Assets 2022: $2,169,447Liabilities 2022: $29,899Net Assets 2022: $2,139,5482022Assets 2023: $2,581,273Liabilities 2023: $29,900Net Assets 2023: $2,551,3732023Assets 2024: $2,669,275Liabilities 2024: $29,900Net Assets 2024: $2,639,3752024

Highlighted filing

2016

Assets$2,197,683
Liabilities$29,900
Net Assets$2,167,783

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $58,6752010Revenue 2011: $136,932Expenses 2011: $452,478Net Income 2011: -$315,5462011Expenses 2012: $208,5782012Revenue 2013: $532,890Expenses 2013: $376,198Net Income 2013: $156,6922013Revenue 2014: $348,885Expenses 2014: $614,646Net Income 2014: -$265,7612014Revenue 2015: $340,793Expenses 2015: $534,638Net Income 2015: -$193,8452015Revenue 2016: $280,357Expenses 2016: $223,164Net Income 2016: $57,1932016Revenue 2017: $269,581Expenses 2017: $404,128Net Income 2017: -$134,5472017Revenue 2018: $328,830Expenses 2018: $293,294Net Income 2018: $35,5362018Revenue 2019: $321,648Expenses 2019: $237,642Net Income 2019: $84,0062019Revenue 2020: $347,380Expenses 2020: $278,961Net Income 2020: $68,4192020Revenue 2021: $264,536Expenses 2021: $550,772Net Income 2021: -$286,2362021Revenue 2022: $314,843Expenses 2022: $571,064Net Income 2022: -$256,2212022Revenue 2023: $308,917Expenses 2023: $81,063Net Income 2023: $227,8542023Revenue 2024: $330,615Expenses 2024: $393,569Net Income 2024: -$62,9542024

Highlighted filing

2016

Revenue$280,357
Expenses$223,164
Net Income$57,193
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 6, 2017
Return Version
2016v3.0
Gross Receipts
$287,748
Mission and Program Overview

Mission

FIRE PROTECTION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,739,131$1,943,214▲ $204,083
Savings and Temporary Cash Investments$160,721$198,615▲ $37,894
Cash and Non-Interest-Bearing Accounts$81,445$54,854▼ $26,591
Pledges and Grants Receivable$3,000$1,000▼ $2,000
Total Assets$1,984,297$2,197,683▲ $213,386
Liabilities
Accounts Payable and Accrued Expenses-$29,900-
Total Liabilities$0$29,900▲ $29,900
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,907,513$2,113,570▲ $206,057
Unrestricted Net Assets$76,784$54,213▼ $22,571
Total Net Assets Fund Balance$1,984,297$2,167,783▲ $183,486
Total Liabilities and Net Assets / Fund Balance$1,984,297$2,197,683▲ $213,386
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John WilliamsTreasurerPT$2,500$2,500
Matt KutzPresidentPT$2,500$2,500
Doug FooteSecretaryPT$1,000$1,000
Dan EastmanVice President-$1,000$1,000

Board Members and Trustees

NameTitle
BRYAN O'KEEFFETrustee
Troon DowdsTrustee
Denny LaufenburgerEx-officio
Don JohnsonEx-officio
Todd GerhardtEx-officio
Revenue and Support

Revenue Composition

Contributions and Grants
$228,185
Program Service Revenue
$0
Investment Income
$58,015
Other Revenue
$-5,843
All Other Contributions
$50,354
Change in Net Assets
$57,193

Audited Revenue Reconciliation

Revenue per Audited Statements
$262,132
Revenue Not Reported on Financial Statements
$18,225
Revenue Not Reported on Form 990
$126,293
Other Revenue Adjustments
$-7,391
Total Revenue per Audited Statements
$388,425
Total Revenue per Form 990
$280,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$102,087
Salaries, Compensation, and Employee Benefits$7,000
Grants and Similar Amounts Paid$194
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$113,883--$113,883
Fees for Service Investment Mgmnt Fees-$25,616-$25,616
Other Expenses$10,117--$10,117
Other Salaries and Wages-$7,000-$7,000
Fees for Services Accounting-$6,222-$6,222
Fees for Services Other-$3,500-$3,500
All Other Expenses$539$250-$789
Grants to Domestic Individuals$194--$194
Total Functional Expenses$180,576$42,588$0$223,164

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$223,164
Expenses per Audited Statements$204,939
Total Expenses per Audited Statements$204,939
Expenses Not Reported on Financial Statements$18,225
Expenses Not Reported on Form 990$0
Other Expense Adjustments$-7,391
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,391
Fundraising Gross Income$1,048
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
Annual disclosure for covered persons
Yes
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
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

There are four categories of membership: active, deferred, disabiled and retired.

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

Each member in good standing is entitled to vote.

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

Any changes to the association's bylaws must be approved by a vote of the members.

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

A copy of the form 990 is provided to all board members prior to filing.

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

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 annual provide a statement of economic interest.

Form 990, Part VI, Section C, Line 19

Documents will be made available upon request.

Filing and Contact Details

Filer

Filer Name
Chanhassen Firefighters Relief
EIN
41-6080033
Phone
9522159919
Address
PO BOX 97, CHANHASSEN, MN 55317

Signing Officer

Name
John Williams
Title
Treasurer
Phone
9522159919
Signed
2017-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Kutz
Formed
1966
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
0
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 may be recognized only when it is more likely than not that the position will be sustained upon examination by taxing authorities. Management believes that 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.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -7,391.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -7,391.

Raw XML Appendix375 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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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt018225
IRS990ScheduleD/RevenueSubtotalAmt0262132
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FASB ASC 740-10 PROVIDES THAT A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT 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/ExplanationTxt1FUNDRAISING EXPENSES -7,391.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES -7,391.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0223164
IRS990ScheduleD/TotalRevenuePerForm990Amt0280357
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0388425
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0204939
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE FOUR CATEGORIES OF MEMBERSHIP: ACTIVE, DEFERRED, DISABILED AND RETIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER IN GOOD STANDING IS ENTITLED TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY CHANGES TO THE ASSOCIATION'S BYLAWS MUST BE APPROVED BY A VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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 ANNUAL PROVIDE A STATEMENT OF ECONOMIC INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS 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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01907513
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02113570
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01984297
IRS990/TotalAssetsEOYAmt02197683
IRS990/TotalAssetsGrp/BOYAmt01984297
IRS990/TotalAssetsGrp/EOYAmt02197683
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0228185
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042588
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0180576
IRS990/TotalFunctionalExpensesGrp/TotalAmt0223164
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt029900
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt029900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01984297
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02167783
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0180576
IRS990/TotalReportableCompFromOrgAmt07000
IRS990/TotalRevenueGrp/ExclusionAmt052172
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0280357
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01984297
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02197683
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt076784
IRS990/UnrestrictedNetAssetsGrp/EOYAmt054213
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 97
IRS990/USAddress/CityNm0CHANHASSEN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055317
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09522159919
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHANHASSEN FIREFIGHTERS RELIEF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0CHAN
ReturnHeader/Filer/EIN0416080033
ReturnHeader/Filer/PhoneNum09522159919
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 97
ReturnHeader/Filer/USAddress/CityNm0CHANHASSEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055317
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A7D1121D9127FC7FDDF789269BDC1F170365DDE4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId043C253DF32CE467FA1B0564DD96D1B5488F2F60B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.224.170.93
ReturnHeader/FilingSecurityInformation/IPDt02017-09-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:35:31
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/PreparationDt02017-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY C REHN CPA
ReturnHeader/ReturnTs02017-09-07T08:45:06-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.03$2.64$0.33$0.39$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.03$2.55$0.31$0.08$0.23
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.03$2.14$0.31$0.57$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.03$2.75$0.26$0.55$0.29
2020Detailed filing. Detailed filing data is available for this year.$2.85$0.03$2.82$0.35$0.28$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.59$0.03$2.56$0.32$0.24$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.22$0.04$2.18$0.33$0.29$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.34$0.03$2.31$0.27$0.40$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.20$0.03$2.17$0.28$0.22$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.34$0.53$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.35$0.61$0.27
2013Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$0.53$0.38$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.00$2.43$0.21
2011Summary only. Only limited summary data is available for this year.$2.22$0.00$2.22$0.14$0.45$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.00$2.54$0.06