ONAMIA FIREMEN'S RELIEF ASSOCIATION

EIN: 416080057 Public Safety

ONAMIA, MN

Total Revenue
$75,757
Total Expenses
$6,389
Total Assets
$483,808
Net Assets
$50,878
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
MN
Principal Officer
MIKE MORNEAU
Phone
3205323311
Tax Period
2023-01-01 to 2023-12-31

ONAMIA FIREMEN'S RELIEF ASSOCIATION, founded in 1945, is a micro nonprofit in the Public Safety sector that reported $76K in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 92% operating margin.

Mission

PROVIDE PENSIONS TO VOLUNTEER FIREMEN.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $32,478
Program Service Revenue $0
Investment Income $39,917
Other Revenue $3,362
TOTAL REVENUE $75,757

Expense Breakdown

Grants Paid $350
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,039
TOTAL EXPENSES $6,389

Year-over-Year Comparison

2023 2022 Change
Revenue $75,757 $34,521 +1.2%
Expenses $6,389 $6,634 0.0%
Net Income $69,368 $27,887 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
20

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFERY STRECKER PRESIDENT 1.00
Officer Director
$0 $0 $0
LESLIE DEVRIES VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
GLEN SHIVERS SECRETARY 0.30
Officer Director
$0 $0 $0
MIKE MORNEAU TREASURER 0.30
Officer Director
$0 $0 $0
SHANE BRANDT TRUSTEE 0.30
Director
$0 $0 $0
JUSTIN TOWNE TRUSTEE 0.30
Director
$0 $0 $0
MARGE AGNEW CITY OFFICIAL - EX OFFICIO 0.30
Director
$0 $0 $0
BRUCE PETERSON FIRE CHIEF - EX OFFICIO 0.30
Director
$0 $0 $0
JOHN SAMMIS JR CITY OFFICIAL - EX OFFICIO 0.30
Director
$0 $0 $0
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 $75,757 $6,389 $483,808 $69,368
2022 $34,521 $6,634 $414,440 $27,887
2021 $48,180 $40,075 $425,043 $8,105
2020 $15,313 $7,930 $415,109 $7,383
2019 $63,604 $7,607 $408,574 $55,997
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ONAMIA FIREMEN'S RELIEF ASSOCIATION with other nonprofits in Minnesota and across the country.