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Filing year 2023

MINNESOTA FAIR PLAN

Bloomington, Minnesota·EIN 41-0950742·6
Total revenue
$3.3M
Total assets
$1.8M
Total expenses
$4.1M
Reported officers
11
Mission

TO PROVIDE OWNERS 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.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Executive Director
$184k
$201k
Base
$170k
Bonus
Other
Benefits
$3k
Insurance Operations Manager
highest compensated employee
$129k
$141k
Treasurer
officer (unspecified)
$2k
$2k
Secretary
officer (unspecified)
$2k
$2k
Director
board member
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

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