Police Relief Association of the City of Milwaukee

Nonprofit profile at a glance

EIN
396052072
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Milwaukee, WI, USA
Phone
4149357230
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$1,100,576
Expenses
$341,592
Assets
$11,472,149
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • ERIC PFEIFFER (PRESIDENT)
  • DAVID FELDMEIER (VICE PRESIDENT)

Highest reported compensation

  • ERIC PFEIFFER (PRESIDENT): $9,400 total reported compensation
  • DAVID FELDMEIER (VICE PRESIDENT): $9,400 total reported compensation
  • CRAIG SARNOW (SECRETARY): $9,400 total reported compensation

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

Overview

Mission

To provide death benefit to the beneficiaries of deceased members.

What it reported doing in 2025

Death benefits paid to beneficiaries of deceased members.

Operating model

Revenue model
Investment-supported. 75% of the money available for current operations came from recurring investment income.
Distribution model
Member-benefit provider. The nonprofit used 100% of its reported program spending for member benefits.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.4%; rating input score 51
  • Program expense ratio: 63.2%; rating input score 63
  • 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: 0%; rating input score 0; 6th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: 69%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 33.58; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 15.7%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 17th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 51.4% of revenue deployed · 63.2% of spending went to programs
  • Governance: 0 of 7 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $216K in reported program spending
  • Leadership: top reported pay $9K · 7 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 51/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 23/100.