Loretto Volunteer Fire Dept Inc

Organization Overview

Loretto Volunteer Fire Dept Inc is located in Loretto, MN. The organization was established in 1999. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loretto Volunteer Fire Dept Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Loretto Volunteer Fire Dept Inc generated $632.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $571.6k during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FIRE PROTECTION TO VARIOUS COMMUNITIES IN THE AREA.

Describe the Organization's Program Activity:

VOLUNTEER FIRE PROTECTION TO CITIES OF LORETTO, MEDINA, GREENFIELD, INDEPENDENCE & CORCORAN.


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Board, Officers & Key Employees

Name (title)Compensation
Bill Rosati
Director
$13,354
Jeff Leuer
Chief
$5,458
Tim Ryan
Assist Chief
$5,107
Gregg Johnson
Sec
$4,366
Rick Altendorf
Director
$3,723

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $44,498
All other contributions, gifts, grants, and similar amounts not included above$43,577
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$88,075
Total Program Service Revenue$499,590
Investment income $22
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $175
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $8,846
Net Income from Gaming Activities $35,450
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $632,158

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Loretto Volunteer Fire Dept Inc has recieved totaling $154.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$154
View Grant Recipient Profile

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