NonprofitsMinnesota Fair Plan

Minnesota Fair Plan

BLOOMINGTON, MN

Total revenue

$4.1M

Total expenses

$3.0M

Net assets

$810K

Grants received

EIN

410950742

Tax year

2024

Mission

To provide owner and tenants of individual residences, small business owners, farmers and co-op residents an opportunity to purchase limited property or homeowners insurance when they are unable to do so in the voluntary market.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$4.0M
Investment income$85K
Other revenue$216
Total revenue$4.1M

Expenses

Grants paid
Salaries & benefits$723K
Fundraising
Other expenses$2.2M
Total expenses$3.0M
Total assets$3.2M
Net assets$810K

People

11 listed

NameRoleCompensation

GARY RUPP

EXECUTIVE DIRECTOR

Board

$178K

37.5 hrs/wk

ELAINE LOVE

TREASURER

Board

$1K

1 hrs/wk

MICHAEL MCHUGH

SECRETARY

Board

$800

1 hrs/wk

SHERI MELANDER-SMITH

DIRECTOR

Board

$800

1 hrs/wk

STEVE KELLEY

DIRECTOR BEGINNING JUNE

Board

$600

1 hrs/wk

ROGER OOMS

CHAIR

Board

1 hrs/wk

VICKY RIZZOLO

VICE CHAIR

Board

1 hrs/wk

SCOTT BAUER

DIRECTOR

Board

1 hrs/wk

AMY HERRICK

DIRECTOR

Board

1 hrs/wk

CHRIS MERIDETH

DIRECTOR

Board

1 hrs/wk

BRIAN HALLGREN

INSURANCE OPERATIONS MANAGER

Staff

$129K

37.5 hrs/wk

Independent contractors

MARIAS TECHNOLOGY

IT SUPPORT

$162K

INTEGRIS

MANAGEMENT SERVICES

$126K

MIDWEST CLAIMS SERVICE

CLAIM/UNDERWRITING SERVICES

$101K

Details

EIN410950742
Subsection06
Ruling date1970-01
Formed1969
Employees5
Volunteers0
MINNESOTA FAIR PLAN — Mission, Financials & Grants Received | Grantivo