Mission
RUMINCO is a wholly-owned captive insurance company whose principal activities are the insurance of certain risks to the University of Minnesota.
Public Charity
RUMINCO LTD co Regents of the Univ of Minnesota
RUMINCO LTD co Regents of the Univ of Minnesota is a nonprofit organization categorized as Public Charity based in Minneapolis, MN. Its most recent IRS filing (2025) reports revenue of $9.4M, expenses of $9.8M, total assets of $90.7M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.
EIN: 980063504
Minneapolis, MN
Latest filing: 2025
Total Revenue$9.4M
Total Expenses$9.8M
Total Assets$90.7M
Grant Records1
Funding Total$10K
Filing Years2021–2025
Where $100 goes at RUMINCO LTD co Regents of the Univ of Minnesota
How RUMINCO LTD co Regents of the Univ of Minnesota divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$96
Programs
the work itself
$4
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 $96 for programs
$96
RUMINCO is incorporated under the laws of Bermuda and is a wholly-owned subsidiary of the University of Minnesota
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
Director
Andrew Parks
Director
Douglas R Peterson
Director
Gregg Goldman
Director
Michael D Volna
Director
Michael Kenny
Former Vice President
Myron Frans
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $9.4M | $9.8M | $90.7M |
| 2024 | $9.8M | $8.6M | $82.8M |
| 2023 | $8.8M | $5.6M | $71.7M |
| 2022 | $7.1M | $6.0M | $62.2M |
| 2021 | $7.2M | $3.1M | $69.0M |
Between 2021 and 2025, reported annual revenue grew from $7.2M to $9.4M (+31%), with total assets most recently reported at $90.7M.
Interactive year-over-year charts and full filing details available with membership.