Benefitsmn

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

9 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provide health benefits

Fully-insured benefits for approzximately 1,357 members and their dependents.

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
Governance controls: 6 of 8 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 0.3%; rating input score 34; 34th percentile among comparable filings
Total-asset coverage ratio: 0.01; rating input score 1; 1st percentile among comparable filings
Liabilities to assets ratio: 0.07; rating input score 79; 79th percentile among comparable filings
Officer compensation ratio: 0.5%; rating input score 90; 90th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 34.8% per year; rating input score 100; 97th percentile among comparable filings
Asset growth: -8.9% per year; rating input score 0; 1st percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 3 of 9 board members independent · 6 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $177K · 9 people listed · 0 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $170K reported
Consistency: 10 of 10 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 5 filing years from 2020 to 2024
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.

High — Transparency & Controls: Pay-setting controls scored 0/100.
Moderate — Accountability: Independent voting board scored 33/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Operating margin scored 34/100.
High — Sustainability: Total-asset coverage ratio scored 1/100.
Review — Accountability: Governance controls: Whistleblower policy not reported.