Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
62nd percentile
Higher top officer pay than 62% of similar nonprofits.
Top officer pay equals 5.8% of source-year revenue.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Down$2,205,893
Down $873,150 (-28%) from 2021
Net Assets
Down$598,909
Down $569,618 (-49%) from 2021
Liabilities
Down$1,606,984
Down $303,532 (-16%) from 2021
Revenue
Down$2,996,039
Down $27,661 (-0.9%) from 2021
Expenses
Up$3,501,113
Up $315,217 (+9.9%) from 2021
Net Income
Down-$505,074
Down $342,878 (-211%) from 2021
To provide owners and tenants of individual residences, small business owners, farmers and co-op residents an opportunity to purchase limited property or homeowners insurance when the are unable to do so in the voluntary market.
To provide owner and tenants of individual residences, small business owners, farmers and co-op residents an opportunity to purchase limited property or homeowners insurance when they are unable to do so in the voluntary market.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $3,078,508 | $2,205,358 | ▼ $873,150 |
| Rtn Earn Endowment Incm Other Fnds | $1,168,527 | $598,909 | ▼ $569,618 |
| Cash and Non-Interest-Bearing Accounts | $535 | $535 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $3,079,043 | $2,205,893 | ▼ $873,150 |
| Liabilities | |||
| Deferred Revenue | $1,201,493 | $1,174,486 | ▼ $27,007 |
| Other Liabilities | $644,020 | $331,600 | ▼ $312,420 |
| Accounts Payable and Accrued Expenses | $65,003 | $100,898 | ▲ $35,895 |
| Total Liabilities | $1,910,516 | $1,606,984 | ▼ $303,532 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,168,527 | $598,909 | ▼ $569,618 |
| Total Liabilities and Net Assets / Fund Balance | $3,079,043 | $2,205,893 | ▼ $873,150 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Gary Rupp | Executive Director | FT | $164,460 | $10,313 | $174,773 |
| Brian Hallgren | Operations Manager | FT | $111,210 | $7,911 | $119,121 |
| Elaine Love | Director | - | $2,000 | - | $2,000 |
| Sheri Melander-smith | Director | - | $1,400 | - | $1,400 |
| Michael J Mchugh | Secretary | - | $1,200 | - | $1,200 |
| Name | Title |
|---|---|
| Roger R Ooms | Chair |
| Vicky Rizzolo | Vice Chair |
| Chris Merideth | Director |
| Michael Flugum | Director |
| Scott Bauer | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Marias Technology | It Support | 25 E WRIGHT ST, Covington, OH 45318 | $162,531 |
| Integris | Management Services | 1524 EAST 37TH STREET, Hibbing, MN 55746 | $122,579 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,813,882 |
| Salaries, Compensation, and Employee Benefits | $687,231 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Information Technology | - | - | - | $391,828 |
| Other Salaries and Wages | - | - | - | $351,873 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $179,373 |
| Office Expenses | - | - | - | $79,270 |
| Other Employee Benefits | - | - | - | $73,725 |
| All Other Expenses | - | - | - | $63,935 |
| Other Expenses | - | - | - | $60,532 |
| Pension Plan Contributions | - | - | - | $43,773 |
| Occupancy | - | - | - | $41,759 |
| Payroll Taxes | - | - | - | $38,487 |
| Fees for Services Accounting | - | - | - | $33,600 |
| Insurance | - | - | - | $22,413 |
| Fees for Services Other | - | - | - | $18,805 |
| Fees for Services Legal | - | - | - | $11,153 |
| Travel | - | - | - | $6,530 |
| Interest | - | - | - | $106 |
| Total Functional Expenses | $0 | $0 | $0 | $3,501,113 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,501,113 |
| Total Expenses per Audited Statements | $3,501,113 |
| Total Expenses per Form 990 | $3,501,113 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unpaid Loss & Loss Adj Expense | $331,600 |
“All insurers doing business in minnesota are members of the fair plan.”
“All insurers doing business in minnesota are members of the fair plan. Member companies elect five of the nine board members.”
“Changes to the plan of operation must be approved by the commissioner of commerce. Rate changes must also be pre-approved by the commissioner of commerce.”
“A copy of the completed 990 will be provided to each board member via email. A brief period of time for review will be allowed, and comments if any, will be solicited and acted upon if appropriate.”
“Board members are required to sign a conflict of interest statement each year to be submitted at the annual meeting of the board. Conflict of interest statements are kept on file.”
“Salary and performance are reviewed on an annual basis. Performance reviews for the executive director are done using a survey of each board member. Every year a compensation survey is provided by our national association that informs us of the expected average merit increase for the insurance industry for the coming year. Every other year a salary review is obtained from an hr firm for the executive director's job description for the purpose of management of their salary range. The board then determines merit increases for the executive director using this information and the result of the performance review.”
“All documents are viewable by the public at our website.”
“Change in nonadmitted assets, per statutory basis financial statements -64,544.”
“Minnesota fair plan's financial statements are prepared in conformity with accounting practices prescribed by the department of commerce of the state of minnesota, which is a comprehensive basis of accounting other than accounting principles generally accepted in the united states of america.”
“There were no changes to the audit oversight process.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 65003 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 100898 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE OWNER AND TENANTS OF INDIVIDUAL RESIDENCES, SMALL BUSINESS OWNERS, FARMERS AND CO-OP RESIDENTS AN OPPORTUNITY TO PURCHASE LIMITED PROPERTY OR HOMEOWNERS INSURANCE WHEN THEY ARE UNABLE TO DO SO IN THE VOLUNTARY MARKET. |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 63935 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6123387584 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7900 INTERNATIONAL DRIVE 625 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BLOOMINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55425 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 535 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 535 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 179373 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 162531 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 122579 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 25 E WRIGHT ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 1524 EAST 37TH STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | COVINGTON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | HIBBING |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | MN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 45318 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 55746 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MARIAS TECHNOLOGY |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | INTEGRIS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | IT SUPPORT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | MANAGEMENT SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 14908 |
| IRS990/CYOtherExpensesAmt | 0 | 2813882 |
| IRS990/CYOtherRevenueAmt | 0 | 453 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2980678 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -505074 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 687231 |
| IRS990/CYTotalExpensesAmt | 0 | 3501113 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2996039 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 1201493 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1174486 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | DURING 2022, THE MINNESOTA FAIR PLAN PROVIDED INSURANCE COVERAGE TO 3,200 POLICYHOLDERS THROUGHOUT THE STATE OF MINNESOTA. THE MN FAIR PLAN CONTINUED ITS ROLE AS THE PRIMARY FINANCIAL SUPPORTER FOR THE IAAI'S ARSON HOTLINE REWARD PROGRAM. IN ADDITION, THE FAIR PLAN CONTINUED ITS ROLE AS THE PRIMARY FINANCIAL SUPPORTER FOR THE GOVERNOR'S FIRE SAFETY DAY AT THE STATE FAIR. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 33600 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11153 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 18805 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 37.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 10313 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 7911 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GARY RUPP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BRIAN HALLGREN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ELAINE LOVE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SHERI MELANDER-SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MICHAEL J MCHUGH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROGER R OOMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | VICKY RIZZOLO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SCOTT BAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHAEL FLUGUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | CHRIS MERIDETH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 164460 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 111210 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 2000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 1400 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 1200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | OPERATIONS MANAGER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1969 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2996039 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 391828 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 22413 |
| IRS990/InterestGrp/TotalAmt | 0 | 106 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 14908 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 14908 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 31 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE OWNERS AND TENANTS OF INDIVIDUAL RESIDENCES, SMALL BUSINESS OWNERS, FARMERS AND CO-OP RESIDENTS AN OPPORTUNITY TO PURCHASE LIMITED PROPERTY OR HOMEOWNERS INSURANCE WHEN THEY ARE UNABLE TO DO SO IN THE VOLUNTARY MARKET. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1168527 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 598909 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 41759 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 79270 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -64544 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 73725 |
| IRS990/OtherExpensesGrp/Desc | 0 | LOSSES & LAE INCURRED |
| IRS990/OtherExpensesGrp/Desc | 1 | COMMISSIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | SURVEYS |
| IRS990/OtherExpensesGrp/Desc | 3 | PREMIUM TAXES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1805231 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 192591 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 86129 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 60532 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 644020 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 331600 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 453 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 453 |
| IRS990/OtherRevenueTotalAmt | 0 | 453 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 351873 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 38487 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 43773 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | GARY RUPP |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 524298 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PREMIUMS EARNED |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2980678 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2980678 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 17419 |
| IRS990/PYOtherExpensesAmt | 0 | 2401185 |
| IRS990/PYOtherRevenueAmt | 0 | 6411 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 2999870 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -162196 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 784711 |
| IRS990/PYTotalExpensesAmt | 0 | 3185896 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 3023700 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -505074 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1168527 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 598909 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 3078508 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2205358 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3501113 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 331600 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNPAID LOSS & LOSS ADJ EXPENSE |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 2996039 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3501113 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 331600 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 2996039 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2996039 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3501113 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 164460 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 7451 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 2862 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | GARY RUPP |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 174773 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ALL INSURERS DOING BUSINESS IN MINNESOTA ARE MEMBERS OF THE FAIR PLAN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL INSURERS DOING BUSINESS IN MINNESOTA ARE MEMBERS OF THE FAIR PLAN. MEMBER COMPANIES ELECT FIVE OF THE NINE BOARD MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CHANGES TO THE PLAN OF OPERATION MUST BE APPROVED BY THE COMMISSIONER OF COMMERCE. RATE CHANGES MUST ALSO BE PRE-APPROVED BY THE COMMISSIONER OF COMMERCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A COPY OF THE COMPLETED 990 WILL BE PROVIDED TO EACH BOARD MEMBER VIA EMAIL. A BRIEF PERIOD OF TIME FOR REVIEW WILL BE ALLOWED, AND COMMENTS IF ANY, WILL BE SOLICITED AND ACTED UPON IF APPROPRIATE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR TO BE SUBMITTED AT THE ANNUAL MEETING OF THE BOARD. CONFLICT OF INTEREST STATEMENTS ARE KEPT ON FILE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SALARY AND PERFORMANCE ARE REVIEWED ON AN ANNUAL BASIS. PERFORMANCE REVIEWS FOR THE EXECUTIVE DIRECTOR ARE DONE USING A SURVEY OF EACH BOARD MEMBER. EVERY YEAR A COMPENSATION SURVEY IS PROVIDED BY OUR NATIONAL ASSOCIATION THAT INFORMS US OF THE EXPECTED AVERAGE MERIT INCREASE FOR THE INSURANCE INDUSTRY FOR THE COMING YEAR. EVERY OTHER YEAR A SALARY REVIEW IS OBTAINED FROM AN HR FIRM FOR THE EXECUTIVE DIRECTOR'S JOB DESCRIPTION FOR THE PURPOSE OF MANAGEMENT OF THEIR SALARY RANGE. THE BOARD THEN DETERMINES MERIT INCREASES FOR THE EXECUTIVE DIRECTOR USING THIS INFORMATION AND THE RESULT OF THE PERFORMANCE REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | ALL DOCUMENTS ARE VIEWABLE BY THE PUBLIC AT OUR WEBSITE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | CHANGE IN NONADMITTED ASSETS, PER STATUTORY BASIS FINANCIAL STATEMENTS -64,544. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MINNESOTA FAIR PLAN'S FINANCIAL STATEMENTS ARE PREPARED IN CONFORMITY WITH ACCOUNTING PRACTICES PRESCRIBED BY THE DEPARTMENT OF COMMERCE OF THE STATE OF MINNESOTA, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THERE WERE NO CHANGES TO THE AUDIT OVERSIGHT PROCESS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XII, LINE 2B: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART XII, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 3079043 |
| IRS990/TotalAssetsEOYAmt | 0 | 2205893 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 3079043 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2205893 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 6 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3501113 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 1910516 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1606984 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 1910516 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1606984 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1168527 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 598909 |
| IRS990/TotalOtherCompensationAmt | 0 | 18224 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2980678 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 280270 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 14908 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2981131 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 2996039 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 3079043 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2205893 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 6530 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 7900 INTERNATIONAL DRIVE 625 |
| IRS990/USAddress/CityNm | 0 | BLOOMINGTON |
| IRS990/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/USAddress/ZIPCd | 0 | 55425 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MNFAIRPLAN.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY RUPP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6123387584 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-10-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MINNESOTA FAIR PLAN |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MINN |
| ReturnHeader/Filer/EIN | 0 | 410950742 |
| ReturnHeader/Filer/PhoneNum | 0 | 6123387584 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7900 INTERNATIONAL DRIVE 625 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BLOOMINGTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55425 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411360831 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | OLSEN THIELEN & CO LTD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2675 LONG LAKE ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ST PAUL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55113 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6514834521 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RYAN VETTRUS CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-09T09:05:05-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GARY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | RUPP |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.