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Filing year 2023

Minnesota School Boards Association Insurance Trust

St Peter, Minnesota·EIN 41-6160028·501(c)(4)
Total revenue
$4.2M
Total assets
$52.8M
Total expenses
$793k
Reported officers
12
Mission

To provide for its members and their employees and officials various forms of insurance. (Continued on Schedule O)To provide for its members and their employees and officials various forms of insurance, including any forms of permitted group insurance, for the benefit of school districts which are members of the MSBA and to effectuate cost savings in the procurement and administration of such insurance programs.

Executive compensation

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

Chair (until Oct)
Board Chair
Below 10th percentile
$540
$597
Oct), Vice Chair (until Oct)
Board Chair
Below 10th percentile
$540
$597
Trustee (until Oct)
Board Member
Below 10th percentile
$540
$597
Trustee (until Oct)
Board Member
Below 10th percentile
$420
$464
Trustee
Board Member
Below 10th percentile
$390
$431
Trustee
Board Member
Below 10th percentile
$150
$166
(as of Oct), Trustee (until Oct)
Board Member
Below 10th percentile
$150
$166
Trustee
Board Member
Below 10th percentile
$150
$166
Trustee
Board Member
Below 10th percentile
$150
$166

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 3 unpaid individuals.

FAQ

Common questions about Minnesota School Boards Association Insurance Trust

What does the Board Chair of Minnesota School Boards Association Insurance Trust earn?

In 2023, the Board Chair of Minnesota School Boards Association Insurance Trust received $540 in total compensation. This pay is in the bottom 10% for Board Chair roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Chair pay at Minnesota School Boards Association Insurance Trust compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Chair at Minnesota School Boards Association Insurance Trust falls in the bottom 10%.

What are Minnesota School Boards Association Insurance Trust's revenue and expenses?

In 2023, Minnesota School Boards Association Insurance Trust reported $4.2M in total revenue and $793k in total expenses on its IRS Form 990.

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