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Filing year 2024

ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST

Duluth, Minnesota·EIN 41-6426496·NTEE Y20 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$412k
Total assets
$5.2M
Total expenses
$577k
Reported officers
11
Mission

PROVIDE LIFE INSURANCE BENEFITS FOR NON-UNION RETIREES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Institutional Trustee
Board Member
25th percentile to median
$4k
$4k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.6%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay rose 3% from 2023 to 2024, while revenue rose 86%.

$4k in 2023 to $4k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$221k
$708k
2023
$412k
$577k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST

What does the Board Member of ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST earn?

In 2024, the Board Member of ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST received $3,639 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST's revenue and expenses?

In 2024, ALLETE INC & AFFILIATED COMPANIES NON-UNION LIFE INSURANCE TRUST reported $412k in total revenue and $577k in total expenses on its IRS Form 990.

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