Public Charity

MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC

MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $8.3M revenue, $8.3M expenses, $5.2M total assets.

EIN: 410417040 MINNEAPOLIS, MN Latest filing: 2024
Total Revenue$8.3M
Total Expenses$8.3M
Total Assets$5.2M
Grant Records0
Filing Years2020–2024

Mission

THE MINNESOTA WORKERS' COMPENSATION INSURERS ASSOCIATION, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE TO ITS MEMBERS THOSE ACTIVITIES WHICH ARE REQUIRED AND PERMITTED OF A DATA SERVICE ORGANIZATION UNDER THE PROVISIONS OF MINNESOTA STATUTES.

Where $100 goes at Minnesota Workers Compensation Insurers Association Inc

How Minnesota Workers Compensation Insurers Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$64 Programs the work itself
$36 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $64 for programs

$64
Provide services to insurance companies licensed to write workers' compensation insurance in minnesota to enable them to comply with statutory requirements
100% of program spending
<$1
Cover claims for insurance companies that went insolvent prior to 1983
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BUSINESS SOLUTIONS ARCHITECT Alexander Bardzilauskas
BOARD MEMBER Amanda Aponte
VICE PRESIDENT ACTUARIAL S Andrea Everling
BOARD MEMBER Aryeh Haselkorn
SENIOR ACTUARIAL RESEARCHER Auntara De
BOARD MEMBER Chris Westermeyer

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $8.3M $8.3M $5.2M
2023 $8.2M $7.8M $5.3M
2022 $8.0M $7.5M $4.8M
2021 $7.9M $7.1M $5.2M
2020 $7.5M $7.0M $4.8M

Between 2020 and 2024, reported annual revenue grew from $7.5M to $8.3M (+10%), with total assets most recently reported at $5.2M.

Interactive year-over-year charts and full filing details available with membership.

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