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Filing year 2024

MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC

Minneapolis, Minnesota·EIN 41-0417040·6
Total revenue
$8.3M
Total assets
$5.2M
Total expenses
$8.3M
Reported officers
21
Mission

THE MINNESOTA WORKERS' COMPENSATION INSURERS ASSOCIATION, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE TO ITS MEMBERS THOSE ACTIVITIES WHICH ARE REQUIRED AND PERMITTED OF A DATA SERVICE ORGANIZATION UNDER THE PROVISIONS OF MINNESOTA STATUTES.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2024

$316k
$337k
Base
$262k
Bonus
$38k
Other
Benefits
$8k
Sr. VP - Operations/treasu
vice president
$220k
$234k
Base
$198k
Bonus
Other
Benefits
$15k
Chief Technology Officer
officer (unspecified)
$190k
$203k
Base
$185k
Bonus
Other
Benefits
$2k
Vice President Actuarial S
vice president
$187k
$199k
Base
$170k
Bonus
$500
Other
Benefits
$10k
Vice President Data Service
vice president
$186k
$199k
Base
$166k
Bonus
Other
Benefits
$15k
Business Solutions Architect
highest compensated employee
$171k
$182k
Base
$145k
Bonus
Other
Benefits
$21k
Business Analyst
highest compensated employee
$137k
$146k
Senior Actuarial Researcher
highest compensated employee
$132k
$141k
Business Analyst Lead
highest compensated employee
$125k
$133k
Operations Manager
highest compensated employee
$123k
$131k

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 11 unpaid individuals.

Down 10%
from 2023

From $349k in 2023 to $316k in 2024.

$349k
2023
$316k
2024
In today's dollarsEst.
Down 12% in real terms$381k to $337k

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.

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

Revenue and expenses over time

MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.2M
$7.8M
2023
$8.3M
$8.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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