EIN 98-0063504

Ruminco

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1977
Most recent tax filings
2022-06-01
Description
RUMINCO is a wholly-owned captive insurance company whose principal activities are the insurance of certain risks to the University of Minnesota.
Also known as...
University of Minnesota
Total revenues
$7,052,376
2022
Total expenses
$6,049,885
2022
Total assets
$62,223,712
2022
Num. employees
0
2022

Program areas at Ruminco

RUMINCO is incorporated under the laws of Bermuda and is a wholly-owned subsidiary of the University of Minnesota. RUMINCO's principal activities are the insurance of certain risks of its parent. Various coverages include commercial general and professional liability, non-profit organization liability, business auto liability and excess automobile liability. RUMINCO's insurance agreements limit its exposure to loss on a per occurrence and annual aggregate basis.

Personnel at Ruminco

NameTitleCompensation
Myron FransVice President on 12 and 3 and 20$0
Brian D BurnettVice President Thru 12 and 2 and 20$0
Christopher GarrodChairman$0
Stuart H MasonTreasurer$0

Financials for Ruminco

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$6,076,017
Investment income and dividends$704,017
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$272,342
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,052,376

Form 990s for Ruminco

Fiscal year endingDate received by IRSFormPDF link
2021-062022-04-26990View PDF
2020-062021-05-11990View PDF
2019-062021-04-07990View PDF
2018-062019-08-02990View PDF
2017-062018-08-07990View PDF
...and 7 more Form 990s
Data update history
August 20, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 27, 2021
Updated personnel
Identified 3 new personnel
June 20, 2021
Used new vendors
Identified 1 new vendor, including
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizationsHeadquarter / parent organizations
Issues
Community improvement
Characteristics
Operates internationallyState / local levelNo full-time employees
General information
Address
2221 University Ave Se Ste 100
Minneapolis, MN 55414
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Phone
(612) 624-1053
IRS details
EIN
98-0063504
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
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
Central organization
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