RUMINCO is a wholly-owned captive insurance company whose principal activities are the insurance of certain risks to the University of Minnesota.
Executive compensation
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.
| Position | Total |
|---|---|
Treasurer Officer (Unspecified) | $256k $279k |
Vice President Median to 75th percentile | $99k $108k |
Director Board Member 75th to 90th percentile | $68k $74k |
Director Board Member 75th to 90th percentile | $62k $68k |
Director Board Member 75th to 90th percentile | $54k $59k |
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 3 unpaid individuals.
Down 13%
from 2022
From $293k in 2022 to $256k 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.
Vice President pay fell 20% from 2022 to 2023, while revenue rose 12%.
- Board Member pay fell 77% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
RUMINCO LTD co Regents of the Univ of Minnesota reported revenue and expenses across 2 filing years.
Common questions about RUMINCO LTD co Regents of the Univ of Minnesota
What does the Vice President of RUMINCO LTD co Regents of the Univ of Minnesota earn?
In 2023, the Vice President of RUMINCO LTD co Regents of the Univ of Minnesota received $98,504 in total compensation. This pay is above the median (the midpoint) for Vice President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at RUMINCO LTD co Regents of the Univ of Minnesota compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Vice President at RUMINCO LTD co Regents of the Univ of Minnesota falls between the median and the 75th percentile.
What are RUMINCO LTD co Regents of the Univ of Minnesota's revenue and expenses?
In 2023, RUMINCO LTD co Regents of the Univ of Minnesota reported $9.8M in total revenue and $8.6M in total expenses on its IRS Form 990.
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