Northern Tier Insurance Consortium
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,846,893 | 27,410,445 | −563,552 | 6.7 | 0% |
| 2012 | 27,540,994 | 29,717,415 | −2,176,421 | 5.3 | 0% |
| 2013 | 29,292,961 | 30,342,734 | −1,049,773 | 3.8 | 0% |
| 2014 | 31,848,117 | 32,537,379 | −689,262 | 3.3 | 0% |
| 2015 | 33,440,882 | 32,595,963 | 844,919 | 3.6 | 0% |
| 2016 | 33,664,105 | 31,359,720 | 2,304,385 | 4.6 | 0% |
| 2017 | 32,190,961 | 33,501,411 | −1,310,450 | 3.9 | 0% |
| 2018 | 32,033,994 | 33,995,375 | −1,961,381 | 3.1 | 0% |
| 2019 | 35,315,065 | 35,229,832 | 85,233 | 3.0 | 0% |
| 2020 | 37,350,818 | 34,497,133 | 2,853,685 | 4.1 | 0% |
| 2021 | 38,220,331 | 37,720,995 | 499,336 | 3.9 | 0% |
| 2022 | 39,548,379 | 38,690,668 | 857,711 | 4.1 | 0% |
| 2023 | 42,141,496 | 40,060,950 | 2,080,546 | 4.6 | 0% |
In its most recent public year (2023), this organization brought in $2,080,546 more than it spent. Its reserves stood at about 4.6 months of spending, down from 6.7 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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