NonprofitsSurplus Lines Association Of Minnesota

Community Improvement & Capacity Building

Surplus Lines Association Of Minnesota

MORA, MN

Total revenue

$701K

Total expenses

$310K

Net assets

$2.3M

Grants received

EIN

263613284

Tax year

2024

Mission

To educate, assist and advise over 1,450 member surplus lines licensees on surplus lines insurance procedures in the state of minnesota.

Programs

1 program

Receive, stamp and record all surplus lines insurance transactions subject to surplus lines tax in minnesota. To educate and assist members on proper use of the surplus lines insurance marketplace in minnesota and to report all surplus lines insurance transactions recorded to the minnesota departments of commerce and revenue.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$650K
Investment income$51K
Other revenue
Total revenue$701K

Expenses

Grants paid$30K
Salaries & benefits$161K
Fundraising
Other expenses$119K
Total expenses$310K
Total assets$2.4M
Net assets$2.3M

People

8 listed

NameRoleCompensation

KEN COOKSEY

DIRECTOR

Board

2 hrs/wk

JEFF KUHA

DEPT REVENUE

Board

2 hrs/wk

CHRIS MARTIN

DIRECTOR

Board

2 hrs/wk

KATHLEEN ORTH

MN DEPARTMEN

Board

2 hrs/wk

KATHY GALLAGHER-BURTON

SECRETARY/ T

Board

5 hrs/wk

JENNIFER LARSEN

CHAIRPERSON

Board

5 hrs/wk

TOM O'DONNELL

VICE CHAIR

Board

2 hrs/wk

NICHOLAS SCHROEDER

EXECUTIVE DI

Staff

$135K

40 hrs/wk

Details

EIN263613284
NTEE codeS41
Subsection06
Ruling date2009-10
Formed2008
Employees2
SURPLUS LINES ASSOCIATION OF MINNESOTA — Mission, Financials & Grants Received | Grantivo