CSCharityScored
48

Minnesota Insurance Guaranty Association

Other · Minneapolis, Minnesota

7600 Parklawn Ave Ste 329, Minneapolis, MN 55435-5156

EIN: 416140766· Founded: Jun 1973· 53 years active· Filing Year: 2023

Annual Revenue

$7.4M

Total Expenses

$11.8M

Total Assets

$179.7M

Program Spending

14%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$208K

1.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$321K

Total Payroll

$528K

4% of total expenses

Where the Money Goes

14%
Programs: 14%
Payroll: 4%
Other overhead: 86%
Program Revenue$1.6M (22%)
Total Expenses$11.8M (100%)
Payroll$528K (4%)
Overhead (non-program)86%

Trust Score Breakdown

Program Spending Ratio

14% of expenses go to programs

40%

Revenue & Stability

$7.4M annual revenue

15%

Executive Compensation

$208K total officer comp (1.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$179.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.