NonprofitsMinnesota School Boards Association Insurance Trust

Minnesota School Boards Association Insurance Trust

ST PETER, MN

Total revenue

$4.2M

Total expenses

$793K

Net assets

$32.5M

Grants received

EIN

416160028

Tax year

2023

Mission

To provide member school districts with insurance and risk management tools.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.6M
Investment income$2.1M
Other revenue$399K
Total revenue$4.2M

Expenses

Grants paid
Salaries & benefits$3K
Fundraising
Other expenses$790K
Total expenses$793K
Total assets$52.8M
Net assets$32.5M

People

12 listed

NameRoleCompensation

Kevin Donovan

Chair (until Oct)

Board

$540

0.3 hrs/wk

Jeanna Lilleberg - Chair as of

Oct), Vice Chair (until Oct)

Board

$540

0.3 hrs/wk

Cheryl Polzin

Trustee (until Oct)

Board

$540

0.3 hrs/wk

Kent Thiesse

Trustee (until Oct)

Board

$420

0.3 hrs/wk

Scott Steffes

Trustee

Board

$390

0.3 hrs/wk

Mike Pfeil

Trustee

Board

$150

0.3 hrs/wk

Walter Hautala - Vice Chair

(as of Oct), Trustee (until Oct)

Board

$150

0.3 hrs/wk

Deb Pauly

Trustee

Board

$150

0.3 hrs/wk

Jim Ferden

Trustee

Board

$150

0.3 hrs/wk

Roy Nelson

Trustee (until Oct)

Board

0.3 hrs/wk

Cory Johnson

Trustee

Board

0.3 hrs/wk

Kirk Schneidawind

Secretary/Treasurer

Board

1.7 hrs/wk

Independent contractors

Berkley Risk Administrators Company

Administrative Services

$214K

Minnesota School Boards Association

Administrative Services

$131K

Details

EIN416160028
Subsection04
Ruling date1975-05
Formed1972
Employees0
Volunteers3
MINNESOTA SCHOOL BOARDS ASSOCIATION INSURANCE TRUST — Mission, Financials & Grants Received | Grantivo