Civic Intelligence

Nonprofit Insurance Trust Inc

EIN 27-1461867 • 501(c)3 • Lakeville, MN

Profile

NONE

21034 Heron Way Ste 107Lakeville, MN 55044-0327

www.nonprofitinsurancetrust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.44x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

1.04x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

55th percentile

6.1%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

41st percentile

2.7%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$46,599,222

Up $1,242,515 (+2.7%) from 2023

Liabilities

Down

$20,509,553

Down $138,496 (-0.7%) from 2023

Net Assets

Up

$26,089,669

Up $1,381,011 (+5.6%) from 2023

Operations
Liabilities / Revenue79th percentileNet Margin55th percentile

Revenue

Up

$19,777,502

Up $1,903,658 (+11%) from 2023

Expenses

Up

$18,575,240

Up $3,462,779 (+23%) from 2023

Net Income

Down

$1,202,262

Down $1,559,121 (-56%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth41st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2012: $16,651,797Liabilities 2012: $12,514,387Net Assets 2012: $4,137,4102012Assets 2013: $17,311,006Liabilities 2013: $12,034,588Net Assets 2013: $5,276,4182013Assets 2014: $20,075,045Liabilities 2014: $13,411,195Net Assets 2014: $6,663,8502014Assets 2015: $23,433,677Liabilities 2015: $16,230,503Net Assets 2015: $7,203,1742015Assets 2016: $26,394,061Liabilities 2016: $18,721,165Net Assets 2016: $7,672,8962016Assets 2017: $28,743,597Liabilities 2017: $19,933,708Net Assets 2017: $8,809,8892017Assets 2018: $31,027,528Liabilities 2018: $19,574,937Net Assets 2018: $11,452,5912018Assets 2019: $35,840,369Liabilities 2019: $22,632,704Net Assets 2019: $13,207,6652019Assets 2020: $36,558,201Liabilities 2020: $21,288,809Net Assets 2020: $15,269,3922020Assets 2021: $40,064,568Liabilities 2021: $20,021,030Net Assets 2021: $20,043,5382021Assets 2022: $40,084,591Liabilities 2022: $19,393,851Net Assets 2022: $20,690,7402022Assets 2023: $45,356,707Liabilities 2023: $20,648,049Net Assets 2023: $24,708,6582023Assets 2024: $46,599,222Liabilities 2024: $20,509,553Net Assets 2024: $26,089,6692024

Highlighted filing

2024

Assets$46,599,222
Liabilities$20,509,553
Net Assets$26,089,669
Open 2024 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2012: $7,804,8792012Revenue 2013: $10,241,829Expenses 2013: $8,951,519Net Income 2013: $1,290,3102013Revenue 2014: $12,373,178Expenses 2014: $10,941,203Net Income 2014: $1,431,9752014Revenue 2015: $13,676,236Expenses 2015: $12,973,682Net Income 2015: $702,5542015Revenue 2016: $15,432,972Expenses 2016: $14,949,230Net Income 2016: $483,7422016Revenue 2017: $15,541,410Expenses 2017: $14,517,984Net Income 2017: $1,023,4262017Revenue 2018: $15,428,478Expenses 2018: $12,520,387Net Income 2018: $2,908,0912018Revenue 2019: $16,786,304Expenses 2019: $15,682,190Net Income 2019: $1,104,1142019Revenue 2020: $16,777,576Expenses 2020: $15,236,845Net Income 2020: $1,540,7312020Revenue 2021: $18,458,548Expenses 2021: $12,662,785Net Income 2021: $5,795,7632021Revenue 2022: $17,278,123Expenses 2022: $14,463,298Net Income 2022: $2,814,8252022Revenue 2023: $17,873,844Expenses 2023: $15,112,461Net Income 2023: $2,761,3832023Revenue 2024: $19,777,502Expenses 2024: $18,575,240Net Income 2024: $1,202,2622024

Highlighted filing

2024

Revenue$19,777,502
Expenses$18,575,240
Net Income$1,202,262
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$46,599,222
Liabilities
$20,509,553
Net assets
$26,089,669
Revenue
$19,777,502
Expenses
$18,575,240
Net income
$1,202,262
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.6$20.5$26.1$19.8$18.6$1.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$45.4$20.6$24.7$17.9$15.1$2.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$19.4$20.7$17.3$14.5$2.81
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.1$20.0$20.0$18.5$12.7$5.80
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.6$21.3$15.3$16.8$15.2$1.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.8$22.6$13.2$16.8$15.7$1.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.0$19.6$11.5$15.4$12.5$2.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.7$19.9$8.81$15.5$14.5$1.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.4$18.7$7.67$15.4$14.9$0.48
2015Detailed filing. Detailed filing data is available for this year.$23.4$16.2$7.20$13.7$13.0$0.70
2014Detailed filing. Detailed filing data is available for this year.$20.1$13.4$6.66$12.4$10.9$1.43
2013Detailed filing. Detailed filing data is available for this year.$17.3$12.0$5.28$10.2$8.95$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$12.5$4.14$7.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$38,089,329
Mission and Program Overview

Mission

None

Administer self insurance pools for nonprofit organizations in Minnesota.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$39,289,245$42,395,515▲ $3,106,270
Accounts Receivable$1,995,084$1,305,450▼ $689,634
Investments Other Securities$1,000,000$1,000,000→ $0
Prepaid Expenses and Deferred Charges$198,998$194,908▼ $4,090
Savings and Temporary Cash Investments$737,624$152,126▼ $585,498
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$45,356,707$46,599,222▲ $1,242,515
Other Assets Total$2,135,756$1,551,223▼ $584,533
Liabilities
Other Liabilities$19,191,561$19,078,921▼ $112,640
Accounts Payable and Accrued Expenses$1,456,488$1,430,632▼ $25,856
Total Liabilities$20,648,049$20,509,553▼ $138,496
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$24,708,658$26,089,669▲ $1,381,011
Total Net Assets Fund Balance$24,708,658$26,089,669▲ $1,381,011
Total Liabilities and Net Assets / Fund Balance$45,356,707$46,599,222▲ $1,242,515

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$780,520$780,520
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Jim BettendorfChair
Tom GillespieVice Chair
Ashley KjosBoard Member
Judie Foster LupkinBoard Member
Lynne MeganBoard Member
Robert PickeringBoard Member
Sarah AckermanBoard Member
Kris SolzSecretary
Laura PurfeerstTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
NPIA IncAdministative Fees21034 Heron Way Suite 107, Lakeville, MN 55044$3,052,990
Lind Jensen Sullivan & PetersonLegal901 Marquette Ave Ste 1300, Minneapolis, MN 55402-3237$1,606,859
CorVelBill Review ServicesPO Box 1450 NW 5820, Minneapolis, MN 55485$193,117
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$18,466,270
Investment Income
$1,311,232
Other Revenue
$0
Change in Net Assets
$1,202,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,707,440
Revenue Not Reported on Financial Statements
$70,062
Revenue Not Reported on Form 990
$178,749
Total Revenue per Audited Statements
$19,886,189
Total Revenue per Form 990
$19,777,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,575,240
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$32,752$3,030,176-$3,062,928
Other Expenses$321,385--$321,385
Fees for Services Legal-$281,801-$281,801
All Other Expenses$244,316$35,265-$279,581
Insurance$165,499--$165,499
Fees for Service Investment Mgmnt Fees-$94,903-$94,903
Fees for Services Accounting-$64,450-$64,450
Conferences and Meetings-$1,110-$1,110
Total Functional Expenses$15,067,535$3,507,705$0$18,575,240

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,575,240
Expenses per Audited Statements$18,505,178
Total Expenses per Audited Statements$18,505,178
Expenses Not Reported on Financial Statements$70,062
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unpaid Losses$13,663,057
Unearned Premiums$4,020,905
Advance Premiums$1,394,959
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“The members of the Trust are the Minnesota Nonprofit corporations participating in the Pool.”

Form 990, Part VI, Section A, line 7A

“Each member shall have the right to vote on the election of directors. Each member has one vote, even if they only participate in one pool.”

Form 990, Part VI, Section A, line 7B

“Each member shall have the right to vote on the following matters: 1)Amendment to the Corporation's Articles of Incorporation 2)Amendment to the Articles of Incorporation that would remove, reduce or limit any existing rights as members 3)Any other matter the Board determines to submit to a vote of the members”

Form 990, Part VI, Section A, line 8B

“There are no committees with the ability to act on behalf of the board.”

Form 990, Part VI, Section B, line 11B

“The return will be prepared by the Trust Administrator and external tax preparer. A copy of the final Form 990 will be sent to each board member prior to filing.”

Form 990, Part VI, Section B, line 12C

“Board members sign an annual statement in which they agree to disclose any potential conflicts they may have with the organization. If a member has a conflict they will abstain from voting.”

Form 990, Part VI, Section B, line 15

“The Trust does not have paid employees. The Trust purchases administrative services from Nonprofit Insurance Agency, Inc. (NPIA, Inc.). The terms of the agreement are negotiated every three years by the Board of Directors. The Board considers the cost for like-kind services in its determination of reasonableness. NPIA, Inc. is charging the trust lower than market rates for their services. The review process last was completed in October of 2023 and the next review process will be October of 2026.”

Form 990, Part VI, Section C, line 19

“The organization makes these documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Nonprofit Insurance Trust Inc
EIN
27-1461867
Phone
9524695963
Address
21034 Heron Way Ste 107, Lakeville, MN 55044-0327

Signing Officer

Name
Jim Bettendorf
Title
Board Chair
Phone
9524695963
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Bettendorf
Formed
2009
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Eide Bailly LLP
Address
800 Nicollet Mall Ste 1300, Minneapolis, MN 55402-7033
Preparer
Kim Hunwardsen CPA
Phone
6122536500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Program Admin Fees: Program service expenses 0. Management and general expenses 3,030,176. Fundraising expenses 0. Total expenses 3,030,176. Other Fees: Program service expenses 32,752. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,752.”

Financial Statement Notes

Part X, Line 2:

“The Trust evaluates its tax positions on an annual basis. Management has determined that there are no uncertain tax positions at December 31, 2024 and 2023. The Trust will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.”

Raw XML AppendixShowing 400 of 494 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01456488
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01430632
IRS990/AccountsReceivableGrp/BOYAmt01995084
IRS990/AccountsReceivableGrp/EOYAmt01305450
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Administer self insurance pools for nonprofit organizations in Minnesota.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt035265
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0244316
IRS990/AllOtherExpensesGrp/TotalAmt0279581
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Shawn Freundschuh
IRS990/BooksInCareOfDetail/PhoneNum09524695963
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt021034 Heron Way Suite 107
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lakeville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055044
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01110
IRS990/ConferencesMeetingsGrp/TotalAmt01110
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt03052990
IRS990/ContractorCompensationGrp/CompensationAmt11606859
IRS990/ContractorCompensationGrp/CompensationAmt2193117
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1901 Marquette Ave Ste 1300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO Box 1450 NW 5820
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Lakeville
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Minneapolis
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Minneapolis
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd255485
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Lind Jensen Sullivan & Peterson
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CorVel
IRS990/ContractorCompensationGrp/ServicesDesc0Administative Fees
IRS990/ContractorCompensationGrp/ServicesDesc1Legal
IRS990/ContractorCompensationGrp/ServicesDesc2Bill Review Services
IRS990/CreditCounselingInd00
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IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYTotalRevenueAmt019777502
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0The Nonprofit Insurance Trust (Trust) was established to administer self-insurance pools for nonprofit organizations in the State of Minnesota. The members of the Trust are made up of day support services programs, employment training facilities for clients with disabilities, group homes, community mental health centers, community service organizations, nonprofit schools, and other social service organizations. The Trust is formed to pool the risks of the member organizations. The Trust may have one or more pools of nonprofit organizations. The Trust negotiates the insurance contracts, determines and processes eligibility decisions, communicates the plan features and rates to subscribers, administers claims and billing issues, collects premiums, and monitors legislative developments that affect the insurance plan.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm0Jim Bettendorf
IRS990/Form990PartVIISectionAGrp/PersonNm1Tom Gillespie
IRS990/Form990PartVIISectionAGrp/PersonNm2Laura Purfeerst
IRS990/Form990PartVIISectionAGrp/PersonNm3Kris Solz
IRS990/Form990PartVIISectionAGrp/PersonNm4Lynne Megan
IRS990/Form990PartVIISectionAGrp/PersonNm5Robert Pickering
IRS990/Form990PartVIISectionAGrp/PersonNm6Judie Foster Lupkin
IRS990/Form990PartVIISectionAGrp/PersonNm7Ashley Kjos
IRS990/Form990PartVIISectionAGrp/PersonNm8Sarah Ackerman
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
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IRS990/FormationYr02009
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IRS990/LobbyingActivitiesInd00
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IRS990/MinutesOfCommitteesInd00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt026089669
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-61708
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Losses & Loss Adjustmen
IRS990/OtherExpensesGrp/Desc1Claims Expense
IRS990/OtherExpensesGrp/Desc2SCF Assessment
IRS990/OtherExpensesGrp/ProgramServicesAmt011230304
IRS990/OtherExpensesGrp/ProgramServicesAmt13073279
IRS990/OtherExpensesGrp/ProgramServicesAmt2321385
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IRS990/OtherExpensesGrp/TotalAmt13073279
IRS990/OtherExpensesGrp/TotalAmt2321385
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0198998
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0194908
IRS990/PrincipalOfficerNm0Jim Bettendorf
IRS990/ProfessionalFundraisingInd00
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
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IRS990/PYRevenuesLessExpensesAmt02761383
IRS990/PYSalariesCompEmpBnftPaidAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/ReconcilationRevenueExpnssAmt01202262
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0737624
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152126
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01372940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0685511
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0414209
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0619227
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0626766
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03718653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt018466270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt017100499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt017052812
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017587158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt016080535
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt086287274
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01372940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0685511
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0414209
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0619227
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0626766
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03718653
IRS990ScheduleA/InvestmentIncomeCYPct00.04130
IRS990ScheduleA/InvestmentIncomePYPct00.03580
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.61360
IRS990ScheduleA/PublicSupportPY509Pct00.60690
IRS990ScheduleA/PublicSupportTotal509Amt055229067
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt06313210
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt06069224
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt06077907
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt06143426
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt06454440
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt031058207
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt06313210
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt06069224
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt06077907
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt06143426
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt06454440
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt031058207
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt018466270
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt017100499
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017052812
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017587158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt016080535
IRS990ScheduleA/Total509Grp/TotalAmt086287274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019839210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt017786010
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017467021
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt018206385
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt016707301
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt090005927
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt070062
IRS990ScheduleD/ExpensesSubtotalAmt018505178
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt070062
IRS990ScheduleD/InvestmentExpensesNotIncldAmt070062
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0178749
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0780520
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0780520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013663057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11394959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24020905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Unpaid Losses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Advance Premiums
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Unearned Premiums
IRS990ScheduleD/RevenueNotReportedAmt0178749
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt070062
IRS990ScheduleD/RevenueSubtotalAmt019707440
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Trust evaluates its tax positions on an annual basis. Management has determined that there are no uncertain tax positions at December 31, 2024 and 2023. The Trust will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt018575240
IRS990ScheduleD/TotalLiabilityAmt019078921
IRS990ScheduleD/TotalRevenuePerForm990Amt019777502
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt019886189
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt018505178
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The members of the Trust are the Minnesota Nonprofit corporations participating in the Pool.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member shall have the right to vote on the election of directors. Each member has one vote, even if they only participate in one pool.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each member shall have the right to vote on the following matters: 1)Amendment to the Corporation's Articles of Incorporation 2)Amendment to the Articles of Incorporation that would remove, reduce or limit any existing rights as members 3)Any other matter the Board determines to submit to a vote of the members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees with the ability to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The return will be prepared by the Trust Administrator and external tax preparer. A copy of the final Form 990 will be sent to each board member prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board members sign an annual statement in which they agree to disclose any potential conflicts they may have with the organization. If a member has a conflict they will abstain from voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Trust does not have paid employees. The Trust purchases administrative services from Nonprofit Insurance Agency, Inc. (NPIA, Inc.). The terms of the agreement are negotiated every three years by the Board of Directors. The Board considers the cost for like-kind services in its determination of reasonableness. NPIA, Inc. is charging the trust lower than market rates for their services. The review process last was completed in October of 2023 and the next review process will be October of 2026.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization makes these documents available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Admin Fees: Program service expenses 0. Management and general expenses 3,030,176. Fundraising expenses 0. Total expenses 3,030,176. Other Fees: Program service expenses 32,752. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,752.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Nonprofit Insurance Trust
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0611809625
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Insurance Services
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Nonprofit Insurance Group LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt02195741
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0398641
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0101 South Reid Street Ste 307
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Sioux Falls
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd057103

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