1. Directory
  2. Minnesota
  3. Bloomington
  4. Minnesota Fair Plan
EIN 41-0950742

Minnesota Fair Plan

IRS 501(c) type
501(c)(6)
Num. employees
6
City
Bloomington
State
Minnesota
Year formed
1969
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
Minnesota Fair Plan enables owner and tenants of individual residences, small business owners, farmers, and co-op residents to purchase limited property or homeowners insurance when they cannot acquire it in the voluntary market. In 2021, it provided insurance coverage to 3,400 policyholders in Minnesota and supported the IAAL's arson hotline reward program. It is located in Bloomington, MN.
Total revenues
$2,996,039
2022
Total expenses
$3,501,113
2022
Total assets
$2,205,893
2022
Num. employees
6
2022

Program areas at Minnesota Fair Plan

During 2022, the Minnesota Fair Plan provided insurance coverage to 3,200 policyholders throughout the state of Minnesota. The mn Fair Plan continued its role as the primary financial supporter for the iaai's arson hotline reward program. In addition, the Fair Plan continued its role as the primary financial supporter for the governor's fire safety day at the state Fair.

Grants made by Minnesota Fair Plan

GranteeGrant descriptionAmount
Regions Hospital (RH)Public Fire Saftey Education$150,000
Minnesota State Fire Chiefs AssociationPublic Fire Saftey Education$65,000
Minnesota Chapter of International AssociationAnti Arson Reward Program$5,000

Personnel at Minnesota Fair Plan

NameTitleCompensation
Gary RuppExecutive Director$164,460
Brian HallgrenOperations Manager$111,210
Vicky RizzoloVice Chair$0
Roger R OomsChair$0
Michael J McHughSecretary$1,200
...and 3 more key personnel

Financials for Minnesota Fair Plan

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$2,980,678
Investment income and dividends$14,908
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$453
Total revenues$2,996,039

Form 990s for Minnesota Fair Plan

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-15990View PDF
2020-122021-11-12990View PDF
2019-122021-06-07990View PDF
2018-122020-02-10990View PDF
...and 8 more Form 990s
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 20, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
Human services
Characteristics
State / local level
General information
Address
7900 International Dr 625
Bloomington, MN 55425
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
Website URL
mnfairplan.org/ 
Phone
(612) 338-7584
IRS details
EIN
41-0950742
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
Free account sign-up

Want updates when Minnesota Fair Plan has new information, or want to find more organizations like Minnesota Fair Plan?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy