Committee: Finance Committee

Contact: Wayne Kewitsch, Chair - [email protected]

2021 Mission: The mission of the Finance Committee is to provide a measure of control to the overall financial condition of the Minnesota State Fire Chiefs Association, to review the short-term and long-term finances of the Association, to investigate alternative and innovative methods of financing, to ensure stability in the solicitation of revenues and to monitor and review the annual budget.

2021 Report: I am pleased to report that the Association was able to successfully navigate 2020 without needing to access our reserve account. This was due in great part to the dedicated support of our Bugle Sponsors, our vendors and excellent association management by our management firm, Association Resource Center (ARC). 

Beginning in December 2020, the Committee began working on budget proposals for 2021. Due to the ongoing uncertainty of COVID-19, the budget development process resulted in three different contingent budgets being developed for the Association and presented to the board in January 2021. Since revenue from the Fire Officer and Training Officer Schools and the Annual Conference drive such a significant amount of Association revenue, and due to the uncertainty of the pandemic, the three proposals revolved around combinations of each of them being held or not held. The approved budget assumed that neither Fire Officer School would be held in 2021, but that the Annual Conference would take place. This budget was able to fund core Association committees and functions and results in an anticipated deficit of -$5,250.00.

Our reserve/investment account continues to be in a positive position.

The Association contracted with Wegner CPAs to conduct a financial audit of the Association for 2019. We are pleased to report that the audit was clean, and there were no findings regarding our financial operations, and our tax returns were filed on time.

The committee will begin developing a budget for 2022 in the coming months with anticipated approval by the Board at their meeting in December 2021 or January 2022.

2021 Finance Committee Members

  • Chair: Wayne Kewitsch, Richfield, Fire Chief (retired)
  • Tom Obele, LeSeur, Fire Chief (retired)

Finance Committee File Library