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Minnesota Insurance Guaranty Association

Trade
Trade Association · MINNEAPOLIS, MN · EIN 41-6140766
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About

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

Donations are NOT tax-deductible
Category
Trade Association
Employees
5
Volunteers
0

Financial Snapshot

FY ending 2023-12-31
Revenue
$7.4M
Expenses
$11.8M
Assets
$179.7M
Liabilities
$0

Financial history

$19.3M$9.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $7.4M · Peak FY2016: $19.3M · Avg: $12.6M
MINNESOTA INSURANCE GUARANTY ASSOCIATION
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Address

7600 Parklawn AVE STE 329
Minneapolis, MN, 55435-515

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.