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Nonprofit · EIN 41-0417040

MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC

Tax-exempt · MINNEAPOLIS, MN 55435

Financials

$8.2M$7.8M2023$8.3M$8.3M2024
Revenue Expenses · by fiscal year end
Financials of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,252,900$8,258,372-$5,472$5,211,332$4,892,416$318,916
December 31, 2023990$8,246,453$7,833,712$412,741$5,344,532$5,029,851$314,681
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,866,171
Investment income
$386,729
Net gain from sales of assets
$298,414
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,785,762
Other salaries and wages
$2,087,265
Salaries, compensation and benefits (total)
$5,271,561
Professional fundraising fees
$0
Legal fees
$151,738
Accounting fees
$107,041
Occupancy
$486,970
Travel
$75,779
Program services (functional)
$5,054,409
Management and general (functional)
$3,203,963

Balance sheet and other

Total assets, start of year
$5,344,532
Total assets, end of year
$5,211,332
Total liabilities, end of year
$4,892,416
Net assets, end of year
$318,916
Publicly traded securities
$2,815,767
Net assets without donor restrictions
$318,916
Gross receipts
$9,538,822
Employees
41
Volunteers
0
Year formed
1983
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JENNIFER WOLFPRESIDENT
Officer
36$299,879$15,749
KATHLEEN PETERSONSR. VP - OPERATIONS/TREASU
Officer
36$198,097$21,532
DOUG KOCHCHIEF TECHNOLOGY OFFICER
Officer
36$184,996$5,370
ANDREA EVERLINGVICE PRESIDENT ACTUARIAL S
Officer
36$170,788$15,988
GREGG LUTZVICE PRESIDENT DATA SERVICE
Officer
36$166,009$20,369
ALEXANDER BARDZILAUSKASBUSINESS SOLUTIONS ARCHITECT
Highest-paid employee
36$145,075$25,723
THOMAS GOODRICHBUSINESS ANALYST
Highest-paid employee
36$119,321$17,657
AUNTARA DESENIOR ACTUARIAL RESEARCHER
Highest-paid employee
36$121,120$10,576
DEANNE REESEBUSINESS ANALYST LEAD
Highest-paid employee
36$120,492$4,093
KATHI MOCOLOPERATIONS MANAGER
Highest-paid employee
36$107,159$15,769
PAUL LARSONBOARD MEMBER
Trustee or director
0.5$0$0
KAREN BETHEABOARD MEMBER
Trustee or director
0.5$0$0
ARYEH HASELKORNBOARD MEMBER
Trustee or director
0.5$0$0
DIANA TRENTBOARD MEMBER
Trustee or director
0.5$0$0
GARY THADENBOARD MEMBER
Trustee or director
0.5$0$0
6 more people on this return
NameTitleHours / weekCompensation
AMANDA APONTEBOARD MEMBER
Trustee or director
0.5$0
CHRIS WESTERMEYERBOARD MEMBER
Trustee or director
0.5$0
PETE CORNINGBOARD MEMBER
Trustee or director
0.5$0
STACEY KURASHBOARD MEMBER
Trustee or director
0.5$0
SANDY STODDARDBOARD MEMBER
Trustee or director
0.5$0
SCOTT TRACYBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
JENNIFER WOLFPRESIDENT
Officer
36$286,269$62,571
MUHAMMAD KASHIFVICE PRESIDENT INFORMATION TECHNOLOGY
Officer
36$269,614$52,387
KATHLEEN PETERSONSR. VP - OPERATIONS/TREASU
Officer
36$211,832$62,933
ANDREA EVERLINGVICE PRESIDENT ACTUARIAL SERV
Officer
36$173,320$39,257
THOMAS GOODRICHSR PROGRAM ANALYST
Highest-paid employee
36$119,356$47,807
PATRICK RILEYSR NETWORK ADMINISTRATOR
Highest-paid employee
36$121,260$35,009
THOMAS HARMSFORMER OFFICER (DEFERRED COMP)
Former
0$148,642$0
PATRICE TORMOENUNDERWRITING MANAGER
Highest-paid employee
36$103,149$41,339
DEANNE REESEBUSINESS MANAGER
Highest-paid employee
36$119,682$24,276
KATHLEEN HOFER-MOCOLHR/OPERATIONS MANAGER
Highest-paid employee
36$104,398$30,550
GREGG LUTZVICE PRESIDENT DATA SERVICES
Officer
36$86,119$37,429
IRA FEUERLICHTBOARD MEMBER
Trustee or director
0.5$0$0
PAUL LARSONBOARD MEMBER
Trustee or director
0.5$0$0
KAREN BETHEABOARD MEMBER
Trustee or director
0.5$0$0
DIANA TRENTBOARD MEMBER
Trustee or director
0.5$0$0
GARY THADENBOARD MEMBER
Trustee or director
0.5$0$0
AMANDA APONTEBOARD MEMBER
Trustee or director
0.5$0$0
CHRIS WESTERMEYERBOARD MEMBER
Trustee or director
0.5$0$0
PETE CORNINGBOARD MEMBER
Trustee or director
0.5$0$0
SANDY STODDARDBOARD MEMBER
Trustee or director
0.5$0$0
SCOTT TRACYBOARD MEMBER
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
7701 FRANCE AVE S STE 450, MINNEAPOLIS, MN 55435-3203
Principal officer (990 for 2024)
JENNIFER WOLF, 7701 FRANCE AVE S STE 450, EDINA, MN 55435
Signed the 990
JENNIFER WOLF, PRESIDENT
Phone
(952) 897-1737
Return prepared by
SMITH SCHAFER & ASSOCIATES LTD

Mission

THE MINNESOTA WORKERS' COMPENSATION INSURERS ASSOCIATION, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED TO PROVIDE TO ITS MEMBERS THOSE ACTIVITIES WHICH ARE REQUIRED AND PERMITTED OF A DATA SERVICE ORGANIZATION UNDER THE PROVISIONS OF MINNESOTA STATUTES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE SERVICES TO INSURANCE COMPANIES LICENSED TO WRITE WORKERS' COMPENSATION INSURANCE IN MINNESOTA TO ENABLE THEM TO COMPLY WITH STATUTORY REQUIREMENTS.
    Expenses $5,054,069 · revenue $7,861,596
  • COVER CLAIMS FOR INSURANCE COMPANIES THAT WENT INSOLVENT PRIOR TO 1983.
    Expenses $340 · revenue $4,575

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-0417040
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,211,332
Income (IRS master file)
$9,538,822

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,252,900$8,258,372$5,211,332XML
990December 2023$8,246,453$7,833,712$5,344,532XML
990December 2022$7,968,518$7,490,468$4,780,286IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0417040).

Questions about MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC

What is the EIN of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC?
The employer identification number (EIN) of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC is 41-0417040.
Is MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
Are donations to MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 names JENNIFER WOLF.
Who are the officers and directors of MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 10 received compensation from the organization, the highest $299,879 (JENNIFER WOLF, PRESIDENT).
How much revenue does MINNESOTA WORKERS COMPENSATION INSURERS ASSOCIATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,252,900, expenses of $8,258,372 and total assets of $5,211,332 at year end.

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