Organizations Filed Purposes:
TO PROVIDE PENSION AND DISABILITY BENEFITS TO ASSOCIATIONS MEMBERS.
SPECIAL PENSION TRUST FUND:THE SPECIAL PENSION TRUST FUND IS A PENSION TRUST FUND FOR THE ACCUMULATION OF RESOURCES TO BE USED FOR RETIREMENT, DEPENDENCY AND DISABILITY ANNUITY PAYMENTS OF APPROPRIATE AMOUNTS AND AT APPROPRIATE TIMES IN THE FUTURE. RESOURCES ARE CONTRIBUTED BY THE CITY OF HASTINGS AT AMOUNTS DETERMINED BY LAW, AND FROM THE 2% INSURANCE PREMIUM TAX AND AMORTIZATION AID FROM THE STATE OF MINNESOTA. NET ASSETS OF THE SPECIAL PENSION TRUST FUND ARE HELD IN TRUST FOR PENSION BENEFITS.
GENERAL FUND (MAJOR FUND):THE GENERAL FUND IS A GOVERNMENTAL FUND WHICH ACCOUNTS FOR THE RESOURCES OTHER THAN THOSE IN THE SPECIAL PENSION TRUST FUND. IT IS USED FOR THE GOOD AND BENEFIT OF THE ASSOCIATION AS DETERMINED BY ASSOCIATION BY-LAWS. ITS RESOURCES CONSIST OF FUND-RAISER PROCEEDS, DONATIONS, INVESTMENT EARNINGS AND MISCELLANEOUS SOURCES. NET ASSETS OF THE GENERAL FUND ARE UNRESTRICTED.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Craig Latch | TREASURER | 4 | $3,155 |
| Dave Janssen | SECRETARY | 2 | $1,340 |
| Alan Storlie | PRESIDENT | 0.8 | $1,100 |
| Robert Wargo | TRUSTEE | 0.8 | $990 |
| Angela Neuharth | TRUSTEE | 0.8 | $990 |
| Steven Crisp | VICE PRESIDENT | 0.5 | $990 |
| John Townsend | EX-OFFICIO - FIRE CHIEF | 0.5 | $0 |
| Michael Schutt | EX-OFFICIO - FIRE CHIEF | 0.5 | $0 |
| Mary Fasbender | EX-OFFICIO - MAYOR | 0.5 | $0 |
| Paul Hicks | EX-OFFICIO - MAYOR | 0.5 | $0 |
| Julie Flaten | EX-OFFICIO - CITY CLERK | 0.5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202002169349300310_public.xml