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Filing year 2023

MINNESOTA FAIR PLAN

Bloomington, Minnesota·EIN 41-0950742·501(c)(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 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
75th to 90th percentile
$184k
$201k
Base
$170k
Bonus
Other
Benefits
$3k
Insurance Operations Manager
Operations Manager
Median to 75th percentile
$129k
$141k
Treasurer
Officer (Unspecified)
$2k
$2k
Secretary
Officer (Unspecified)
$2k
$2k
Director
Board Member
Below 10th percentile
$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.

FAQ

Common questions about MINNESOTA FAIR PLAN

What does the Chief Executive Officer of MINNESOTA FAIR PLAN earn?

In 2023, the Chief Executive Officer of MINNESOTA FAIR PLAN received $183,618 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA FAIR PLAN compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MINNESOTA FAIR PLAN falls between the 75th and 90th percentiles.

What are MINNESOTA FAIR PLAN's revenue and expenses?

In 2023, MINNESOTA FAIR PLAN reported $3.3M in total revenue and $4.1M in total expenses on its IRS Form 990.

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