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Filing year 2024

CITY OF MINNEAPOLIS VEBA

Milwaukee, Wisconsin·EIN 20-2507737·NTEE Y44 · Mutual & Membership Benefit·9
Total revenue
$8.7M
Total assets
$29.8M
Total expenses
$8.1M
Reported officers
1
Mission

THE CITY OF MINNEAPOLIS HAS ADOPTED A HEALTH REIMBURSEMENT PLAN. THE PURPOSE OF WHICH IS TO PROVIDE WELFARE BENEFITS FOR THE EMPLOYEES OF THE CITY AND ITS INDEPENDENT BOARDS AND AGENCIES COVERED BY THE PLAN, AND TO REIMBURSE EXPENSES INCURRED BY AN EMPLOYEE OR AN EMPLOYEE'S ELIGIBLE DEPENDENTS FOR EXPENSES NOT COVERED BY OTHER INSURANCE AVAILABLE TO THE EMPLOYEE AND THE EMPLOYEE'S ELIGIBLE DEPENDENTS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Institutional Trustee
board member
$43k
$46k

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.

Browse compensation in Mutual & Membership Benefit

Held steady
from 2023

From $43k in 2023 to $43k in 2024.

$43k
2023
$43k
2024
In today's dollarsEst.
Down 2% in real terms$47k to $46k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CITY OF MINNEAPOLIS VEBA reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.7M
$7.5M
2023
$8.7M
$8.1M
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 $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

See full Mutual & Membership Benefit compensation data
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