Firemans Relief Assns of Minn Chaska Fire Dept Relief Association

Nonprofit profile at a glance

EIN
416030414
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Chaska, MN, USA
Phone
9522409547
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$851,568
Expenses
$841,009
Assets
$8,372,533
Liabilities
$2,962

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • CHRIS PIERCE (PRESIDENT)
  • MATT STOFFERAHN (VICE PRESIDENT)

Highest reported compensation

  • JEFF GRINAGER (TREASURER (STARTED 3/25)): $4,200 total reported compensation
  • CHRIS PIERCE (PRESIDENT): $2,400 total reported compensation
  • MATT STOFFERAHN (VICE PRESIDENT): $2,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The general purpose and plan of operation of the association shall be to create, secure and establish a fund from donations, assessments, or other legitimate sources for support and relief of sick, injured, or disabled firefighters of this association in such a manner as may be provided for in this constitution and bylaws of this association or the laws of the state of Minnesota. Also, for the regulation and disbursement of pension and retirement moneys.

What it reported doing in 2025

To administer public funds which provide retirement, disability, and survivor benefits for members and their families per Minnesota state statutes. There were 48 active firefighters in 2025. There were 54 retired, disabled, or survivor recipients receiving benefits in 2025. In addition, there were 7 individuals that were entitled inactive members not yet receiving benefits.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 90
  • Accountability: 60
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.9%; rating input score 85
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 62.5%; rating input score 62; 16th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 9.96; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 1.5%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 84.9% of revenue deployed · 80% of spending went to programs
  • Governance: 5 of 8 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $673K in reported program spending
  • Leadership: top reported pay $4K · 11 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.