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Filing year 2023

MINNESOTA SELF-INSURER'S SECURITY FUND

St Paul, Minnesota·EIN 41-1634385·NTEE S410 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$9.9M
Total assets
$18.9M
Total expenses
$10.9M
Reported officers
11
Mission

THE PURPOSE OF MINNESOTA SELF-INSURER'S SECURITY FUND IS TO FULFILL THE OBLIGATIONS PLACED UPON IT BY MINNESOTA SESSION LAWS, CHAPTER 674 (1988), CODIFIED AS MINN. STAT. SECTION 79A.01 ET.SEQ., AND ACTS AMENDATORY THERETO, AND SUCH OTHER PURPOSES WITH UNLIMITED POWER TO ENGAGE IN AND DO ANY LAWFUL ACT WHICH ANY CORPORATION ORGANIZED AS A NON-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF MINNESOTA MAY DO.

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 Community Improvement & Capacity Building organizations in Minnesota.

Executive Director (until 11/30/23)
25th percentile to median
$53k
$57k
Treasurer (until 6/30/24)
Officer (Unspecified)
$5k
$5k
Executive Director
Below 10th percentile
$5k
$5k
Secretary
Officer (Unspecified)
$3k
$3k
Vice Chair
Board Vice Chair
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$3k
$3k
Trustee
Board Member
10th to 25th percentilevs Community Improvement & Capacity Building peers nationwide
$3k
$3k
Trustee
Board Member
10th to 25th percentilevs Community Improvement & Capacity Building peers nationwide
$3k
$3k
Treasurer
Officer (Unspecified)
$2k
$2k
President Emeritus
Below 10th percentile
$2k
$2k

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 2 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MINNESOTA SELF-INSURER'S SECURITY FUND equaled 0.5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.5%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2022

From $50k in 2022 to $53k in 2023.

$50k
2022
$53k
2023
In today's dollarsEst.
Up 2% in real terms$56k to $57k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 240%.

$50k in 2022 to $53k in 2023.
  • Board Vice Chair pay rose 19% from 2022 to 2023.
  • Board Member pay rose 39% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MINNESOTA SELF-INSURER'S SECURITY FUND

What does the Chief Executive Officer of MINNESOTA SELF-INSURER'S SECURITY FUND earn?

In 2023, the Chief Executive Officer of MINNESOTA SELF-INSURER'S SECURITY FUND received $52,500 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MINNESOTA SELF-INSURER'S SECURITY FUND compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Minnesota, the 2023 pay of the Chief Executive Officer at MINNESOTA SELF-INSURER'S SECURITY FUND falls between the 25th percentile and the median. In 2023, the highest total compensation at MINNESOTA SELF-INSURER'S SECURITY FUND equaled 0.5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MINNESOTA SELF-INSURER'S SECURITY FUND's revenue and expenses?

In 2023, MINNESOTA SELF-INSURER'S SECURITY FUND reported $9.9M in total revenue and $10.9M in total expenses on its IRS Form 990.

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