Svea Mutual Insurance Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 397,651 | 291,328 | 106,323 | 78.8 | 24% |
| 2012 | 398,162 | 386,809 | 11,353 | 59.9 | 16% |
| 2013 | 438,816 | 412,509 | 26,307 | 56.4 | 14% |
| 2014 | 444,985 | 375,517 | 69,468 | 62.9 | 15% |
| 2015 | 457,810 | 557,879 | −100,069 | 41.0 | 11% |
| 2016 | 464,799 | 375,413 | 89,386 | 62.5 | 18% |
| 2017 | 509,082 | 471,748 | 37,334 | 49.4 | 15% |
| 2018 | 525,064 | 445,625 | 79,439 | 55.5 | 16% |
| 2019 | 484,292 | 172,451 | 311,841 | 152.3 | 43% |
| 2020 | 495,116 | 512,084 | −16,968 | 51.4 | 15% |
| 2021 | 485,229 | 277,675 | 207,554 | 102.4 | 29% |
| 2022 | 483,618 | 328,789 | 154,829 | 92.3 | 25% |
| 2023 | 546,441 | 437,698 | 108,743 | 71.1 | 20% |
In its most recent public year (2023), this organization brought in $108,743 more than it spent. Its reserves stood at about 71.1 months of spending, down from 78.8 in 2011. Staff pay was 20% 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
Svea Mutual Insurance 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