Minnesota Life And Health Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,492,954 | 1,498,921 | −5,967 | 281.1 | 9% |
| 2012 | 247,776 | 17,075,509 | −16,827,733 | 12.8 | 1% |
| 2013 | 58,428 | 4,424,017 | −4,365,589 | 37.7 | 3% |
| 2014 | 222,887 | 364,499 | −141,612 | 453.4 | 38% |
| 2015 | 108,002 | 379,745 | −271,743 | 426.6 | 38% |
| 2016 | 1,438,663 | 357,395 | 1,081,268 | 489.6 | 40% |
| 2017 | 4,330,901 | 4,333,546 | −2,645 | 40.4 | 3% |
| 2018 | 793,069 | 362,495 | 430,574 | 496.9 | 39% |
| 2019 | 76,332 | 353,277 | −276,945 | 500.5 | 27% |
| 2020 | 655,733 | 295,870 | 359,863 | 612.2 | 25% |
| 2021 | 81,261 | 277,513 | −196,252 | 644.2 | 33% |
| 2022 | 804 | 304,870 | −304,066 | 574.4 | 38% |
| 2023 | 618,123 | 361,098 | 257,025 | 493.5 | 36% |
In its most recent public year (2023), this organization brought in $257,025 more than it spent. Its reserves stood at about 493.5 months of spending, up from 281.1 in 2011. Staff pay was 36% 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
Minnesota Life And Health Insurance Guaranty Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works