ALTURA FIRE RELIEF ASSOCIATION

EIN: 416080023 501(c)(3) Public Safety

ALTURA, MN

Total Revenue
$33,229
Total Expenses
$40,160
Total Assets
$384,173
Net Assets
$250,663
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1909
Legal Domicile
MN
Principal Officer
LANDON KREIDERMACHER
Phone
5074295353
Tax Period
2023-01-01 to 2023-12-31

ALTURA FIRE RELIEF ASSOCIATION, founded in 1909, is a micro nonprofit in the Public Safety sector that reported $33K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $40K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE ASSOCIATION PROVIDES FIRE RESCUE AND RELIEF IN ALTURA AND THE SURROUNDING AREA ON A 24/7 BASIS. THERE ARE 25 ACTIVE MEMBERS. FUNDRAISING FOR THE ASSOCIATION IS MAINLY THROUGH A LAWFUL GAMBLING FUND.

Program Service Accomplishments

Program 1
Expenses: $37,250 Revenue: $15,081

THE ASSOCIATION PROVIDES FIRE RESCUE AND RELIEF IN ALTURA AND THE SURROUNDING AREA ON A 24/7 BASIS. THERE ARE 25 ACTIVE MEMBERS. FUNDRAISING FOR THE ASSOCIATION IS MAINLY THROUGH A LAWFUL GAMBLING...

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THE ASSOCIATION PROVIDES FIRE RESCUE AND RELIEF IN ALTURA AND THE SURROUNDING AREA ON A 24/7 BASIS. THERE ARE 25 ACTIVE MEMBERS. FUNDRAISING FOR THE ASSOCIATION IS MAINLY THROUGH A LAWFUL GAMBLING FUND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $275
Program Service Revenue $15,081
Investment Income $7,522
Other Revenue $10,351
TOTAL REVENUE $33,229

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,250
Other Expenses $40,160
TOTAL EXPENSES $40,160

Year-over-Year Comparison

2023 2022 Change
Revenue $33,229 $25,638 +0.3%
Expenses $40,160 $7,518 +4.3%
Net Income $-6,931 $18,120 -1.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
3
Volunteers
25

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$21,270
Total Directors
7
$21,270
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANDON KREIDERMACHER PRESIDENT 2.00
Officer Director
$0 $0 $0
DON SKAPPEL VICE PRESIDENT 2.00
Officer Director
$1,470 $0 $1,470
BRAD ROMINE SECRETARY 2.00
Officer Director
$0 $0 $0
BEAU PASCHE TREASURER 2.00
Officer Director
$0 $0 $0
RYAN KREIDERMACHER DIRECTOR 1.00
Director
$0 $0 $0
MIKE KREIDERMACHER DIRECTOR 1.00
Director
$0 $0 $0
ADAM GUDMUNDSON GAMBLING MANAGER 25.00
Officer Director
$19,800 $0 $19,800
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $33,229 $40,160 $384,173 $-6,931
2022 $25,638 $7,518 $355,943 $18,120
2021 $58,698 $30,918 $391,155 $27,780
2020 $33,204 $1,925 $329,297 $31,279
2019 $38,038 $15,080 $244,821 $22,958
2018 $31,099 $20,850 $221,863 $10,249
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