Civic Intelligence

The Minnesota Self Insurers Security Fund

990 • Fiscal year 2021 • EIN 41-1634385

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 09, 2022

Organization ProfileWWW.MNSISF.ORG
161 Saint Anthony Avenue No 818St Paul, MN 55103

(612) 623-6729

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.75x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

3.24x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Net Margin

66th percentile

18%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

10th percentile

$51,230

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2021

Asset Growth

7th percentile

-4.8%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

26%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$15,074,173

Down $762,796 (-4.8%) from 2020

Net Assets

Up

$3,694,530

Up $1,149,289 (+45%) from 2020

Liabilities

Down

$11,379,643

Down $1,912,085 (-14%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin66th percentile

Revenue

Up

$3,509,533

Up $715,775 (+26%) from 2020

Expenses

Up

$2,865,205

Up $1,044,936 (+57%) from 2020

Net Income

Down

$644,328

Down $329,161 (-34%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2010: $14,515,490Liabilities 2010: $23,284,644Net Assets 2010: -$8,769,1542010Assets 2011: $11,822,826Liabilities 2011: $19,757,305Net Assets 2011: -$7,934,4792011Assets 2012: $10,743,829Liabilities 2012: $18,189,871Net Assets 2012: -$7,446,0422012Assets 2013: $11,188,921Liabilities 2013: $18,133,512Net Assets 2013: -$6,944,5912013Assets 2014: $10,343,062Liabilities 2014: $15,118,752Net Assets 2014: -$4,775,6902014Assets 2015: $10,756,433Liabilities 2015: $13,787,977Net Assets 2015: -$3,031,5442015Assets 2016: $12,259,568Liabilities 2016: $13,883,353Net Assets 2016: -$1,623,7852016Assets 2017: $12,876,359Liabilities 2017: $13,086,897Net Assets 2017: -$210,5382017Assets 2018: $12,757,908Liabilities 2018: $12,068,692Net Assets 2018: $689,2162018Assets 2019: $14,087,580Liabilities 2019: $12,545,096Net Assets 2019: $1,542,4842019Assets 2020: $15,836,969Liabilities 2020: $13,291,728Net Assets 2020: $2,545,2412020Assets 2021: $15,074,173Liabilities 2021: $11,379,643Net Assets 2021: $3,694,5302021Assets 2022: $14,241,443Liabilities 2022: $11,020,843Net Assets 2022: $3,220,6002022Assets 2023: $13,214,298Liabilities 2023: $9,509,011Net Assets 2023: $3,705,2872023Assets 2024: $18,933,750Liabilities 2024: $16,471,128Net Assets 2024: $2,462,6222024

Highlighted filing

2021

Assets$15,074,173
Liabilities$11,379,643
Net Assets$3,694,530
Open 2021 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $472,6392010Expenses 2011: $575,1812011Expenses 2012: $641,3222012Revenue 2013: $2,084,739Expenses 2013: $1,583,289Net Income 2013: $501,4502013Revenue 2014: $4,645,396Expenses 2014: $2,476,495Net Income 2014: $2,168,9012014Revenue 2015: $3,167,910Expenses 2015: $1,423,764Net Income 2015: $1,744,1462015Revenue 2016: $2,662,480Expenses 2016: $1,267,988Net Income 2016: $1,394,4922016Revenue 2017: $2,942,705Expenses 2017: $1,602,226Net Income 2017: $1,340,4792017Revenue 2018: $2,278,091Expenses 2018: $1,437,725Net Income 2018: $840,3662018Revenue 2019: $2,408,737Expenses 2019: $1,590,206Net Income 2019: $818,5312019Revenue 2020: $2,793,758Expenses 2020: $1,820,269Net Income 2020: $973,4892020Revenue 2021: $3,509,533Expenses 2021: $2,865,205Net Income 2021: $644,3282021Revenue 2022: $2,139,379Expenses 2022: $1,964,922Net Income 2022: $174,4572022Revenue 2023: $2,905,061Expenses 2023: $2,177,717Net Income 2023: $727,3442023Revenue 2024: $9,877,695Expenses 2024: $10,946,923Net Income 2024: -$1,069,2282024

Highlighted filing

2021

Revenue$3,509,533
Expenses$2,865,205
Net Income$644,328
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 9, 2022
Return Version
2020v4.2
Gross Receipts
$13,097,529
Mission and Program Overview

Mission

The purpose of minnesota self-insurers' 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.

The fund's primary purpose is to promote the common business interests of its member organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,655,604$4,225,951▲ $1,570,347
Rtn Earn Endowment Incm Other Fnds$2,545,241$3,694,530▲ $1,149,289
Cash and Non-Interest-Bearing Accounts$2,734,740$2,584,534▼ $150,206
Investments Other Securities$780,044$260,000▼ $520,044
Accounts Receivable$59,935--
Prepaid Expenses and Deferred Charges$3,253$3,253→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$15,836,969$15,074,173▼ $762,796
Other Assets Total$9,603,393$8,000,435▼ $1,602,958
Liabilities
Other Liabilities$12,796,716$10,865,975▼ $1,930,741
Deferred Revenue$450,812$483,470▲ $32,658
Accounts Payable and Accrued Expenses$44,200$30,198▼ $14,002
Total Liabilities$13,291,728$11,379,643▼ $1,912,085
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,545,241$3,694,530▲ $1,149,289
Total Liabilities and Net Assets / Fund Balance$15,836,969$15,074,173▼ $762,796

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$282--
Compensation and Service Providers
Top Officer Pay10th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Carl W Cummins IiiExecutive DirectorPT$51,230$51,230
Janel Wahl FrenchTreasurer-$4,250$4,250
Jeff HornerTrustee/vice Chair-$2,250$2,250
Rick TheisenSecretary-$2,250$2,250
Bill MccarthyTrustee-$1,750$1,750
James OukropTrustee-$1,750$1,750
Howard BickerTrustee-$1,600$1,600
Brad KolandTrustee-$1,450$1,450
Brad WigginsTrustee-$1,450$1,450

Board Members and Trustees

NameTitle
Dale HaugChair
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,386,275
Investment Income
$123,258
Other Revenue
$0
Change in Net Assets
$644,328

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,069,059
Revenue Not Reported on Financial Statements
$2,440,474
Revenue Not Reported on Form 990
$504,961
Other Revenue Adjustments
$2,440,474
Total Revenue per Audited Statements
$1,574,020
Total Revenue per Form 990
$3,509,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,803,105
Salaries, Compensation, and Employee Benefits$62,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting---$140,338
Other Expenses---$63,743
Fees for Services Other---$62,453
Current Officers, Directors, Trustees, and Key Employees---$62,100
Fees for Services Legal---$37,516
All Other Expenses---$33,275
Fees for Service Investment Mgmnt Fees---$18,829
Occupancy---$17,516
Office Expenses---$11,418
Insurance---$5,943
Conferences and Meetings---$5,350
Total Functional Expenses$0$0$0$2,865,205

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,865,205
Total Expenses per Form 990$2,865,205
Total Expenses per Audited Statements$424,731
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-2,440,474
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Claims Payable$10,865,975
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“All private self insurers' are members of minnesota self insurers' security fund (sisf). The members of sisf have rights to elect the members of the governing body.”

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

“The board of directors is elected by the members of sisf at the annual meeting.”

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

“Form 990 is reviewed by the sisf treasurer, executive director, and general counsel. The treasurer's review includes comparisons to audited financial statements noting agreement, etc.”

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

“The written conflict of interest policy is distributed to all board members annually. A written confirmation of its receipt by every board member is required.”

Form 990, Part VI, Section B, Line 15

“The plan of operation committee compares board compensation with the workers' compensation reinsurance association (wcra) board compensation. The committee recommends changes to the board. Any changes must be approved by the minnesota commissioner of commerce.”

Form 990, Part VI, Section C, Line 19

“The governing documents are made available on the sisf website. The audited financial statement is distributed to sisf members only.”

Filing and Contact Details

Filer

Filer Name
MINNESOTA SELF-INSURER'S SECURITY FUND
EIN
41-1634385
Phone
6126236729
Address
161 SAINT ANTHONY AVENUE NO 818, ST PAUL, MN 55103

Signing Officer

Name
Janel Wahl French
Title
Treasurer
Phone
6126236729
Signed
2022-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janel Wahl French
Formed
1988
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
2

Preparer

Firm
Rsm US Llp
Address
227 WEST FIRST STREET SUITE 700, DULUTH, MN 55802
Preparer
Julie Boyer
Phone
2187275025
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Claims recovered reclassified from expense 2,440,474.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Claims recovered reclassified as revenue -2,440,474.”

Raw XML Appendix376 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
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IRS990/MissionDesc0THE PURPOSE OF MINNESOTA SELF-INSURERS' 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.
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt017516
IRS990/OfficeExpensesGrp/TotalAmt011418
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09603393
IRS990/OtherAssetsTotalGrp/EOYAmt08000435
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CLAIMS INCURRED
IRS990/OtherExpensesGrp/Desc1CLAIMS ADMINISTRATIVE F
IRS990/OtherExpensesGrp/TotalAmt02406724
IRS990/OtherExpensesGrp/TotalAmt163743
IRS990/OtherLiabilitiesGrp/BOYAmt012796716
IRS990/OtherLiabilitiesGrp/EOYAmt010865975
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03253
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03253
IRS990/PrincipalOfficerNm0JANEL WAHL FRENCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RECOVERIES RECEIVED
IRS990/ProgramServiceRevenueGrp/Desc1GENERAL MEMBERSHIP ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc2SETTLEMENT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02440474
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1845801
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2100000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02440474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1845801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2100000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0154050
IRS990/PYOtherExpensesAmt01748467
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02639708
IRS990/PYRevenuesLessExpensesAmt0973489
IRS990/PYSalariesCompEmpBnftPaidAmt071802
IRS990/PYTotalExpensesAmt01820269
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02793758
IRS990/ReconcilationRevenueExpnssAmt0644328
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02545241
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03694530
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt0-2440474
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02865205
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0504961
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08000153
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1282
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REINSURANCE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MEMBER ASSESSMENT RECEIVABLES
IRS990ScheduleD/OtherExpensesIncludedAmt0-2440474
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010865975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ESTIMATED CLAIMS PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02440474
IRS990ScheduleD/RevenueNotReportedAmt0504961
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02440474
IRS990ScheduleD/RevenueSubtotalAmt01069059
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CLAIMS RECOVERED RECLASSIFIED FROM EXPENSE 2,440,474.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CLAIMS RECOVERED RECLASSIFIED AS REVENUE -2,440,474.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08000435
IRS990ScheduleD/TotalExpensesPerForm990Amt02865205
IRS990ScheduleD/TotalLiabilityAmt010865975
IRS990ScheduleD/TotalRevenuePerForm990Amt03509533
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01574020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0424731
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL PRIVATE SELF INSURERS' ARE MEMBERS OF MINNESOTA SELF INSURERS' SECURITY FUND (SISF). THE MEMBERS OF SISF HAVE RIGHTS TO ELECT THE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS OF SISF AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE SISF TREASURER, EXECUTIVE DIRECTOR, AND GENERAL COUNSEL. THE TREASURER'S REVIEW INCLUDES COMPARISONS TO AUDITED FINANCIAL STATEMENTS NOTING AGREEMENT, ETC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE WRITTEN CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL BOARD MEMBERS ANNUALLY. A WRITTEN CONFIRMATION OF ITS RECEIPT BY EVERY BOARD MEMBER IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PLAN OF OPERATION COMMITTEE COMPARES BOARD COMPENSATION WITH THE WORKERS' COMPENSATION REINSURANCE ASSOCIATION (WCRA) BOARD COMPENSATION. THE COMMITTEE RECOMMENDS CHANGES TO THE BOARD. ANY CHANGES MUST BE APPROVED BY THE MINNESOTA COMMISSIONER OF COMMERCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS ARE MADE AVAILABLE ON THE SISF WEBSITE. THE AUDITED FINANCIAL STATEMENT IS DISTRIBUTED TO SISF MEMBERS ONLY.
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 B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015836969
IRS990/TotalAssetsEOYAmt015074173
IRS990/TotalAssetsGrp/BOYAmt015836969
IRS990/TotalAssetsGrp/EOYAmt015074173
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02865205
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013291728
IRS990/TotalLiabilitiesEOYAmt011379643
IRS990/TotalLiabilitiesGrp/BOYAmt013291728
IRS990/TotalLiabilitiesGrp/EOYAmt011379643
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02545241
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03694530
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt03386275
IRS990/TotalReportableCompFromOrgAmt067980
IRS990/TotalRevenueGrp/ExclusionAmt0123258
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03386275
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03509533
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015836969
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015074173
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt088 - 11TH AVENUE NE
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055413
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.MNSISF.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JANEL WAHL FRENCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06126236729
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA SELF-INSURER'S SECURITY FUND
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0411634385
ReturnHeader/Filer/PhoneNum06126236729
ReturnHeader/Filer/USAddress/AddressLine1Txt0161 SAINT ANTHONY AVENUE NO 818
ReturnHeader/Filer/USAddress/CityNm0ST PAUL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 WEST FIRST STREET SUITE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DULUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055802
ReturnHeader/PreparerPersonGrp/PhoneNum02187275025
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JULIE BOYER
ReturnHeader/ReturnTs02022-04-18T16:50:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JANEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WAHL FRENCH
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,074,173
Liabilities
$11,379,643
Net assets
$3,694,530
Revenue
$3,509,533
Expenses
$2,865,205
Net income
$644,328
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.9$16.5$2.46$9.88$10.9$1.07
2023Detailed filing. Detailed filing data is available for this year.$13.2$9.51$3.71$2.91$2.18$0.73
2022Detailed filing. Detailed filing data is available for this year.$14.2$11.0$3.22$2.14$1.96$0.17
2021Detailed filing. Detailed filing data is available for this year.$15.1$11.4$3.69$3.51$2.87$0.64
2020Detailed filing. Detailed filing data is available for this year.$15.8$13.3$2.55$2.79$1.82$0.97
2019Detailed filing. Detailed filing data is available for this year.$14.1$12.5$1.54$2.41$1.59$0.82
2018Detailed filing. Detailed filing data is available for this year.$12.8$12.1$0.69$2.28$1.44$0.84
2017Detailed filing. Detailed filing data is available for this year.$12.9$13.1$0.21$2.94$1.60$1.34
2016Detailed filing. Detailed filing data is available for this year.$12.3$13.9$1.62$2.66$1.27$1.39
2015Detailed filing. Detailed filing data is available for this year.$10.8$13.8$3.03$3.17$1.42$1.74
2014Detailed filing. Detailed filing data is available for this year.$10.3$15.1$4.78$4.65$2.48$2.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.2$18.1$6.94$2.08$1.58$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$18.2$7.45$0.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$19.8$7.93$0.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$23.3$8.77$0.47
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • $10M-$25M nonprofits