Mutual Insurance Association Of Iowa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 236,537 | 205,748 | 30,789 | 11.7 | 23% |
| 2013 | 239,136 | 206,271 | 32,865 | 13.6 | 24% |
| 2014 | 251,303 | 222,448 | 28,855 | 14.2 | 23% |
| 2015 | 268,339 | 238,868 | 29,471 | 14.7 | 27% |
| 2016 | 282,215 | 217,058 | 65,157 | 19.8 | 22% |
| 2017 | 283,522 | 220,377 | 63,145 | 22.9 | 24% |
| 2018 | 284,228 | 229,103 | 55,125 | 24.9 | 24% |
| 2019 | 321,868 | 245,244 | 76,624 | 27.9 | 23% |
| 2020 | 325,721 | 241,653 | 84,068 | 32.1 | 24% |
| 2021 | 255,662 | 209,777 | 45,885 | 44.3 | 48% |
| 2022 | 349,100 | 331,792 | 17,308 | 25.2 | 21% |
| 2023 | 312,885 | 378,244 | −65,359 | 21.5 | 20% |
| 2024 | 364,310 | 361,421 | 2,889 | 24.0 | 24% |
In its most recent public year (2024), this organization brought in $2,889 more than it spent. Its reserves stood at about 24 months of spending, up from 11.7 in 2012. Staff pay was 24% 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 2024. 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
Mutual Insurance Association Of Iowa's IRS filings as a feed — one entry per filing year, through 2024. 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