About
RUMINCO is a wholly-owned captive insurance company whose principal activities are the insurance of certain risks to the University of Minnesota.
In care of Regents of the UNIV of Minnesota
Donations are NOT tax-deductible
Financial Snapshot
FY ending 2023-06-30Financial history
2223
RevenueExpenses
Latest FY2023: $8.8M
Foreign activity (Schedule F)
Total spent abroad$213K
Foreign employees1
Foreign partnership interestNo
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| Caribbean | — | — |
| Caribbean | — | — |
Address
2221 University AVE SE STE 100
Minneapolis, MN, 55414-307
Governance
Voting board members7
Independent members2
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
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