CSCharityScored
73

Rice County Mutual Insurance Company

Other · Faribault, Minnesota

Po Box 451, Faribault, MN 55021-0451

EIN: 410502642· Founded: Aug 1987· 39 years active· Filing Year: 2023

Annual Revenue

$462K

Total Expenses

$404K

Total Assets

$4.5M

Program Spending

85%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$68K

16.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$68K

17% of total expenses

Where the Money Goes

85%
Programs: 85%
Payroll: 17%
Other overhead: 16%
Program Revenue$342K (74%)
Total Expenses$404K (88%)
Payroll$68K (17%)
Overhead (non-program)16%

Trust Score Breakdown

Program Spending Ratio

85% of expenses go to programs

40%

Revenue & Stability

$462K annual revenue

15%

Executive Compensation

$68K total officer comp (16.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$4.5M 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.