Civic Intelligence

Minnesota Insurance Guaranty Association

EIN 41-6140766 • 501(c)6 • Edina, MN

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Profile

To provide a method of payment for certain claims against insolvent insurance companies.

7600 Parklawn Ave 329Edina, MN 55435

n/A

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $100M-$250M nonprofits • Source year 2024

Net Margin

37th percentile

-0.4%

Higher net margin than 37% of similar nonprofits.

501(c)6 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

12th percentile

$175,531

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

501(c)6 • $100M-$250M nonprofits • Source year 2024

Asset Growth

18th percentile

-0.0%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

51%

Faster revenue growth than 90% of similar nonprofits.

501(c)6 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets7th percentile

Assets

Down

$179,675,923

Down $45,256 (-0.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$179,675,923

Down $45,256 (-0.0%) from 2023

Operations
Liabilities / Revenue7th percentileNet Margin37th percentile

Revenue

Up

$11,119,960

Up $3,748,314 (+51%) from 2023

Expenses

Down

$11,165,216

Down $610,268 (-5.2%) from 2023

Net Income

Up

-$45,256

Up $4,358,582 (+99%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$200M$150M$100M$50M$0Assets 2010: $121,678,959Liabilities 2010: $0Net Assets 2010: $121,678,9592010Assets 2011: $136,887,583Liabilities 2011: $0Net Assets 2011: $136,887,5832011Assets 2012: $145,842,645Liabilities 2012: $0Net Assets 2012: $145,842,6452012Assets 2013: $147,291,339Liabilities 2013: $0Net Assets 2013: $147,291,3392013Assets 2014: $153,436,345Liabilities 2014: $0Net Assets 2014: $153,436,3452014Assets 2015: $160,855,965Liabilities 2015: $0Net Assets 2015: $160,855,9652015Assets 2016: $169,232,453Liabilities 2016: $0Net Assets 2016: $169,232,4532016Assets 2017: $170,398,094Liabilities 2017: $0Net Assets 2017: $170,398,0942017Assets 2018: $176,285,996Liabilities 2018: $0Net Assets 2018: $176,285,9962018Assets 2019: $179,095,358Liabilities 2019: $0Net Assets 2019: $179,095,3582019Assets 2020: $181,726,900Liabilities 2020: $0Net Assets 2020: $181,726,9002020Assets 2021: $187,413,257Liabilities 2021: $0Net Assets 2021: $187,413,2572021Assets 2022: $184,125,017Liabilities 2022: $0Net Assets 2022: $184,125,0172022Assets 2023: $179,721,179Liabilities 2023: $0Net Assets 2023: $179,721,1792023Assets 2024: $179,675,923Liabilities 2024: $0Net Assets 2024: $179,675,9232024

Highlighted filing

2024

Assets$179,675,923
Liabilities$0
Net Assets$179,675,923
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

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

$20M$10M$0-$10MExpenses 2010: $11,658,5382010Expenses 2011: $10,664,9722011Expenses 2012: $11,914,8052012Revenue 2013: $12,522,424Expenses 2013: $11,073,730Net Income 2013: $1,448,6942013Revenue 2014: $19,035,200Expenses 2014: $12,890,194Net Income 2014: $6,145,0062014Revenue 2015: $18,319,691Expenses 2015: $10,900,071Net Income 2015: $7,419,6202015Revenue 2016: $19,324,393Expenses 2016: $10,947,905Net Income 2016: $8,376,4882016Revenue 2017: $13,246,445Expenses 2017: $12,080,804Net Income 2017: $1,165,6412017Revenue 2018: $16,636,952Expenses 2018: $10,749,050Net Income 2018: $5,887,9022018Revenue 2019: $11,914,528Expenses 2019: $9,105,166Net Income 2019: $2,809,3622019Revenue 2020: $12,001,627Expenses 2020: $9,370,085Net Income 2020: $2,631,5422020Revenue 2021: $18,086,231Expenses 2021: $12,399,874Net Income 2021: $5,686,3572021Revenue 2022: $7,219,133Expenses 2022: $10,507,373Net Income 2022: -$3,288,2402022Revenue 2023: $7,371,646Expenses 2023: $11,775,484Net Income 2023: -$4,403,8382023Revenue 2024: $11,119,960Expenses 2024: $11,165,216Net Income 2024: -$45,2562024

Highlighted filing

2024

Revenue$11,119,960
Expenses$11,165,216
Net Income-$45,256
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
$179,675,923
Liabilities
$0
Net assets
$179,675,923
Revenue
$11,119,960
Expenses
$11,165,216
Net income
-$45,256
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$180$0.00$180$11.1$11.2$0.05
2023Summary only. Only limited summary data is available for this year.$180$0.00$180$7.37$11.8$4.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$0.00$184$7.22$10.5$3.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$187$0.00$187$18.1$12.4$5.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$182$0.00$182$12.0$9.37$2.63
2019Summary only. Only limited summary data is available for this year.$179$0.00$179$11.9$9.11$2.81
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$0.00$176$16.6$10.7$5.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$0.00$170$13.2$12.1$1.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$169$0.00$169$19.3$10.9$8.38
2015Detailed filing. Detailed filing data is available for this year.$161$0.00$161$18.3$10.9$7.42
2014Detailed filing. Detailed filing data is available for this year.$153$0.00$153$19.0$12.9$6.15
2013Detailed filing. Detailed filing data is available for this year.$147$0.00$147$12.5$11.1$1.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$146$0.00$146$11.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$137$0.00$137$10.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$0.00$122$11.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 16, 2025
Return Version
2024v5.2
Gross Receipts
$11,119,960
Mission and Program Overview

Mission

To provide a method of payment for certain claims against insolvent insurance companies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$174,190,830$177,672,097▲ $3,481,267
Savings and Temporary Cash Investments$5,530,349$2,003,826▼ $3,526,523
Total Assets$179,721,179$179,675,923▼ $45,256
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$179,721,179$179,675,923▼ $45,256
Total Net Assets Fund Balance$179,721,179$179,675,923▼ $45,256
Total Liabilities and Net Assets / Fund Balance$179,721,179$179,675,923▼ $45,256
Compensation and Service Providers
Top Officer Pay12th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff ChristensenExecutive DirectorFT$151,008$24,523$175,531
Robert FarberExecutive Director Through MayFT$96,435$17,079$113,514

Board Members and Trustees

NameTitle
Michael F McgovernChair
Kathleen BrayVice Chair
Andrew WhitmanMember
Chris MeridethMember
Christopher DorleMember
Michael SternMember
Sarah GroskreutzMember
Vicky RizzoloMember

Highest Paid Contractors

ContractorServicesLocationCompensation
Rtw INCVarious Medical ServicesPO BOX 182617, Columbus, OH 43218$447,716
Hall LawPlaintiff Attorney1010 WEST ST GERMAIN ST 320, St Cloud, MN 56301$250,000
Corvel Healthcare CorporationBill ReviewPO BOX 203750, Dallas, TX 75320$245,818
Grand VillageVarious Medical Services923 HALE LAKE POINT, Grand Rapids, MN 55744$182,119
Home InsteadSenior Care9684 63RD AVE NORTH, Maple Grove, MN 55369$132,535
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,854,615
Investment Income
$5,265,345
Other Revenue
$0
Change in Net Assets
$-45,256

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,119,960
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,119,960
Total Revenue per Form 990
$11,119,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,442,046
Salaries, Compensation, and Employee Benefits$723,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$289,045
Other Salaries and Wages---$229,533
Other Employee Benefits---$141,503
Information Technology---$128,081
Conferences and Meetings---$123,866
Fees for Services Accounting---$49,731
Fees for Services Legal---$43,400
Payroll Taxes---$37,735
Pension Plan Contributions---$25,354
Occupancy---$18,120
Insurance---$15,760
Office Expenses---$15,755
Other Expenses---$3,306
All Other Expenses---$3,253
Travel---$95
Total Functional Expenses$0$0$0$11,165,216

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,165,216
Total Expenses per Audited Statements$11,165,216
Total Expenses per Form 990$11,165,216
Expenses Not Reported on Financial Statements$0
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
Subject to proxy tax
No
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

“The association has insurer members as described in the minnesota statute authorizing formation of the association.”

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

“The board of directors consists of 9 members, 2 of which are public members and 7 are insurer members. The public members are appointed by the mn state insurance commissioner. The insurer members of the board are selected by the association members subject to the approval of the commissioner. There is one vacant posistion that is currently being filled.”

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

“The executive director reviews form 990 before filing.”

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

“Any possible conflict of interest shall be disclosed and made a matter of record when the interest becomes subject to and requires some action. All employees are required to complete a written disclosure statement.”

Form 990, Part VI, Section B, Line 15

“The consulting firm mra researched comparable positions and produced salary grade. This salary grade is reviewed annually by a consulting firm for cost of living adjustments and appropriateness of compensation. Annually, the board of directors reviews and approves the salary grades for all positions in miga. The board votes on the percent increase based on performance of the director. Any increase will fall within the established salary range.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Minnesota Insurance Guaranty Association
EIN
41-6140766
Phone
9528311908
Address
7600 PARKLAWN AVE 329, EDINA, MN 55435

Signing Officer

Name
Jeff Christensen
Title
Executive Director
Phone
9528311908
Signed
2025-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Christensen
Formed
1971
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
8
Employees
6
Volunteers
0

Preparer

Firm
Olsen Thielen & Co Ltd
Address
2675 LONG LAKE ROAD, ST PAUL, MN 55113
Preparer
Ryan Vettrus CPA
Phone
6514834521
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The responsibility for oversight of the audit has not changed since last year.”

Raw XML Appendix393 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A METHOD OF PAYMENT FOR CERTAIN CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES.
IRS990/AllOtherExpensesGrp/TotalAmt03253
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JEFF CHRISTENSEN
IRS990/BooksInCareOfDetail/PhoneNum09528311908
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07600 PARKLAWN AVE STE 329
IRS990/BooksInCareOfDetail/USAddress/CityNm0EDINA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055435
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0289045
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt0123866
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0447716
IRS990/ContractorCompensationGrp/CompensationAmt1250000
IRS990/ContractorCompensationGrp/CompensationAmt2245818
IRS990/ContractorCompensationGrp/CompensationAmt3182119
IRS990/ContractorCompensationGrp/CompensationAmt4132535
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 182617
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11010 WEST ST GERMAIN ST 320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 203750
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3923 HALE LAKE POINT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt49684 63RD AVE NORTH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ST CLOUD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3GRAND RAPIDS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4MAPLE GROVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd043218
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd156301
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd275320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd355744
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd455369
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RTW INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1HALL LAW
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CORVEL HEALTHCARE CORPORATION
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3GRAND VILLAGE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4HOME INSTEAD
IRS990/ContractorCompensationGrp/ServicesDesc0VARIOUS MEDICAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1PLAINTIFF ATTORNEY
IRS990/ContractorCompensationGrp/ServicesDesc2BILL REVIEW
IRS990/ContractorCompensationGrp/ServicesDesc3VARIOUS MEDICAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4SENIOR CARE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05265345
IRS990/CYOtherExpensesAmt010442046
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt05854615
IRS990/CYRevenuesLessExpensesAmt0-45256
IRS990/CYSalariesCompEmpBnftPaidAmt0723170
IRS990/CYTotalExpensesAmt011165216
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt011119960
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0MINNESOTA INSURANCE GUARANTY ASSOCIATION (THE ASSOCIATION) WAS ORGANIZED ON NOVEMBER 24, 1971, BY STATE STATUTE AS A NONPROFIT, UNINCORPORATED LEGAL ENTITY. THE PURPOSE OF THE ASSOCIATION IS TO PROVIDE A METHOD OF PAYMENT FOR CERTAIN CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES, TO AVOID FINANCIAL LOSS TO CLAIMANTS OR TO POLICYHOLDERS, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO PROVIDE AN ASSOCIATION OF INSURERS AGAINST WHICH THE COST OF SUCH PROTECTION MAY BE ASSESSED IN AN EQUITABLE MANNER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt049731
IRS990/FeesForServicesLegalGrp/TotalAmt043400
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt137.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt024523
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117079
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF CHRISTENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT FARBER
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL F MCGOVERN
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHLEEN BRAY
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTOPHER DORLE
IRS990/Form990PartVIISectionAGrp/PersonNm5SARAH GROSKREUTZ
IRS990/Form990PartVIISectionAGrp/PersonNm6CHRIS MERIDETH
IRS990/Form990PartVIISectionAGrp/PersonNm7VICKY RIZZOLO
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL STERN
IRS990/Form990PartVIISectionAGrp/PersonNm9ANDREW WHITMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0151008
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt196435
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR THROUGH MAY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011119960
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0128081
IRS990/InsuranceGrp/TotalAmt015760
IRS990/InvestmentIncomeGrp/ExclusionAmt05265345
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05265345
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0174190830
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0177672097
IRS990/IRPDocumentCnt070
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE A METHOD OF PAYMENT FOR CERTAIN CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0179721179
IRS990/NetAssetsOrFundBalancesEOYAmt0179675923
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0179721179
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0179675923
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt018120
IRS990/OfficeExpensesGrp/TotalAmt015755
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0141503
IRS990/OtherExpensesGrp/Desc0CLAIMS
IRS990/OtherExpensesGrp/Desc1CLAIM EXPENSES
IRS990/OtherExpensesGrp/Desc2UNEARNED PREMIUM
IRS990/OtherExpensesGrp/Desc3ASSET PURCHASE
IRS990/OtherExpensesGrp/TotalAmt09564498
IRS990/OtherExpensesGrp/TotalAmt1470470
IRS990/OtherExpensesGrp/TotalAmt25711
IRS990/OtherExpensesGrp/TotalAmt33306
IRS990/OtherSalariesAndWagesGrp/TotalAmt0229533
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt037735
IRS990/PensionPlanContributionsGrp/TotalAmt025354
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JEFF CHRISTENSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0REIMBURSEMENTS FROM LIQUIDATORS
IRS990/ProgramServiceRevenueGrp/Desc1RECOVERIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04130950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11723665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04130950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11723665
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05727231
IRS990/PYOtherExpensesAmt011086663
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01644415
IRS990/PYRevenuesLessExpensesAmt0-4403838
IRS990/PYSalariesCompEmpBnftPaidAmt0688821
IRS990/PYTotalExpensesAmt011775484
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07371646
IRS990/ReconcilationRevenueExpnssAmt0-45256
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05530349
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02003826
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011165216
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011119960
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt011165216
IRS990ScheduleD/TotalRevenuePerForm990Amt011119960
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011119960
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011165216
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0151008
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt012225
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEFF CHRISTENSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175531
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS INSURER MEMBERS AS DESCRIBED IN THE MINNESOTA STATUTE AUTHORIZING FORMATION OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS CONSISTS OF 9 MEMBERS, 2 OF WHICH ARE PUBLIC MEMBERS AND 7 ARE INSURER MEMBERS. THE PUBLIC MEMBERS ARE APPOINTED BY THE MN STATE INSURANCE COMMISSIONER. THE INSURER MEMBERS OF THE BOARD ARE SELECTED BY THE ASSOCIATION MEMBERS SUBJECT TO THE APPROVAL OF THE COMMISSIONER. THERE IS ONE VACANT POSISTION THAT IS CURRENTLY BEING FILLED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR REVIEWS FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCLOSED AND MADE A MATTER OF RECORD WHEN THE INTEREST BECOMES SUBJECT TO AND REQUIRES SOME ACTION. ALL EMPLOYEES ARE REQUIRED TO COMPLETE A WRITTEN DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONSULTING FIRM MRA RESEARCHED COMPARABLE POSITIONS AND PRODUCED SALARY GRADE. THIS SALARY GRADE IS REVIEWED ANNUALLY BY A CONSULTING FIRM FOR COST OF LIVING ADJUSTMENTS AND APPROPRIATENESS OF COMPENSATION. ANNUALLY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE SALARY GRADES FOR ALL POSITIONS IN MIGA. THE BOARD VOTES ON THE PERCENT INCREASE BASED ON PERFORMANCE OF THE DIRECTOR. ANY INCREASE WILL FALL WITHIN THE ESTABLISHED SALARY RANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED SINCE LAST YEAR.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0179721179
IRS990/TotalAssetsEOYAmt0179675923
IRS990/TotalAssetsGrp/BOYAmt0179721179
IRS990/TotalAssetsGrp/EOYAmt0179675923
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt011165216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0179721179
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0179675923
IRS990/TotalOtherCompensationAmt041602
IRS990/TotalProgramServiceRevenueAmt05854615
IRS990/TotalReportableCompFromOrgAmt0247443
IRS990/TotalRevenueGrp/ExclusionAmt05265345
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05854615
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011119960
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0179721179
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0179675923
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt095
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07600 PARKLAWN AVE 329
IRS990/USAddress/CityNm0EDINA
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055435
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0MINNESOTA.NCIGF.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF CHRISTENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09528311908
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MINNESOTA INSURANCE GUARANTY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MINN
ReturnHeader/Filer/EIN0416140766
ReturnHeader/Filer/PhoneNum09528311908
ReturnHeader/Filer/USAddress/AddressLine1Txt07600 PARKLAWN AVE 329
ReturnHeader/Filer/USAddress/CityNm0EDINA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055435
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411360831
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OLSEN THIELEN & CO LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02675 LONG LAKE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PAUL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055113
ReturnHeader/PreparerPersonGrp/PhoneNum06514834521
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN VETTRUS CPA
ReturnHeader/ReturnTs02025-11-17T08:38:23-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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