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.
| Position | Total |
|---|---|
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 →
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%.
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.
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.
Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 240%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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