City Of Minneapolis Health Reimbursement Arrangement Plan Tr
City Of Minneapolis Health Reimbursement Arrangement Plan Tr maintains stable finances with growing assets and no liabilities.
EIN: 202507737 · Milwaukee, WI · NTEE: Y44 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19.9M |
| Total Expenses | $7.5M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $29.1M |
| Transparency Score | 90/100 |
Is City Of Minneapolis Health Reimbursement Arrangement Plan Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
City Of Minneapolis Health Reimbursement Arrangement Plan Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About City Of Minneapolis Health Reimbursement Arrangement Plan Tr
City Of Minneapolis Health Reimbursement Arrangement Plan Tr (EIN: 202507737) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code Y44. The organization reported total revenue of $19.9M and total assets of $29.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of City Of Minneapolis Health Reimbursement Arrangement Plan Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
City Of Minneapolis Health Reimbursement Arrangement Plan Tr is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.7M |
| Total Expenses | $7.5M |
| Surplus / Deficit | +$202K |
| Total Assets | $29.1M |
| Net Assets | $29.1M |
| Operating Margin | 2.6% |
| Months of Reserves | 46.5 months |
Financial Health Grade: A
In 2023, City Of Minneapolis Health Reimbursement Arrangement Plan Tr reported a surplus of $202K with revenue exceeding expenses, holds 46.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), City Of Minneapolis Health Reimbursement Arrangement Plan Tr's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +3.4% | +0.4% |
| 2022 | -2.5% | +2.3% | -0.9% |
| 2021 | -10.9% | +7.4% | +0.3% |
| 2020 | +0.8% | -9.3% | +5.2% |
| 2019 | +2.8% | +2.0% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates City Of Minneapolis Health Reimbursement Arrangement Plan Tr with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, City Of Minneapolis Health Reimbursement Arrangement Plan Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $202K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization of its size with assets nearing $30 million, suggesting that administrative functions may be handled by an external entity or through other arrangements not reflected as direct officer compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of City Of Minneapolis Health Reimbursement Arrangement Plan Tr's IRS 990 filings:
- Lack of detailed program spending breakdown typical for service charities, though this is common for benefit plans.
- Unusually low administrative expenses (implied by 0% officer comp and high program allocation), which might suggest some costs are absorbed elsewhere or not fully disclosed in a standard way for a benefit plan.
Strengths
The following positive indicators were identified for City Of Minneapolis Health Reimbursement Arrangement Plan Tr:
- Consistent asset growth, demonstrating strong financial management (e.g., assets grew from $26,491,189 in 2014 to $29,126,510 in 2023).
- Zero liabilities reported across all filings, indicating exceptional financial health and low risk.
- 0% officer compensation, suggesting high efficiency and dedication of resources to its stated purpose.
- Consistent revenue generation exceeding expenses in most years, contributing to asset accumulation.
- High transparency regarding financial stability through consistent 990 filings.
Frequently Asked Questions about City Of Minneapolis Health Reimbursement Arrangement Plan Tr
Is City Of Minneapolis Health Reimbursement Arrangement Plan Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, City Of Minneapolis Health Reimbursement Arrangement Plan Tr (EIN: 202507737) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does City Of Minneapolis Health Reimbursement Arrangement Plan Tr spend its money?
City Of Minneapolis Health Reimbursement Arrangement Plan Tr directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to City Of Minneapolis Health Reimbursement Arrangement Plan Tr tax-deductible?
City Of Minneapolis Health Reimbursement Arrangement Plan Tr is registered as a tax-exempt nonprofit (EIN: 202507737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the City Of Minneapolis Health Reimbursement Arrangement Plan Tr CEO make?
City Of Minneapolis Health Reimbursement Arrangement Plan Tr's highest-compensated officer earns $30 annually. The organization reported $19.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does City Of Minneapolis Health Reimbursement Arrangement Plan Tr compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), City Of Minneapolis Health Reimbursement Arrangement Plan Tr is above average for NTEE category Y44 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is City Of Minneapolis Health Reimbursement Arrangement Plan Tr located?
City Of Minneapolis Health Reimbursement Arrangement Plan Tr is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 202507737. It is classified under NTEE code Y44.
How many years of IRS 990 filings does City Of Minneapolis Health Reimbursement Arrangement Plan Tr have?
City Of Minneapolis Health Reimbursement Arrangement Plan Tr has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $19.9M in total revenue.
What is the primary purpose of the City Of Minneapolis Health Reimbursement Arrangement Plan Tr?
Based on its NTEE code Y44 (Pension, Employee Benefit, or Other Fund) and name, its primary purpose is likely to manage health reimbursement arrangements for employees of the City of Minneapolis, holding and growing assets to cover future health-related expenses.
How does the organization manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that either the officers are uncompensated volunteers, or administrative services, including executive functions, are provided by an external entity or the City of Minneapolis itself, and not directly expensed as officer compensation on the 990.
Is the organization financially stable?
Yes, the organization appears very financially stable, consistently reporting growing assets (from $26,491,189 in 2014 to $29,126,510 in 2023) and zero liabilities across all available filings, indicating a strong financial position.
Filing History
IRS 990 filing history for City Of Minneapolis Health Reimbursement Arrangement Plan Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), City Of Minneapolis Health Reimbursement Arrangement Plan Tr's revenue has grown by 3.1%, moving from $7.5M to $7.7M. Total assets increased by 28.6% over the same period, from $22.6M to $29.1M. Total functional expenses rose by 41.6%, from $5.3M to $7.5M. In its most recent filing year (2023), City Of Minneapolis Health Reimbursement Arrangement Plan Tr reported a surplus of $202K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.7M | $7.5M | $29.1M | $0 | — | View 990 |
| 2022 | $7.0M | $7.3M | $29.0M | $0 | — | View 990 |
| 2021 | $7.2M | $7.1M | $29.3M | $0 | — | View 990 |
| 2020 | $8.1M | $6.6M | $29.2M | $0 | — | — |
| 2019 | $8.0M | $7.3M | $27.8M | $0 | — | View 990 |
| 2018 | $7.8M | $7.2M | $27.1M | $0 | — | View 990 |
| 2017 | $7.6M | $7.0M | $26.5M | $0 | — | View 990 |
| 2016 | $6.9M | $6.5M | $25.9M | $0 | — | View 990 |
| 2015 | $7.1M | $7.1M | $25.6M | $0 | — | View 990 |
| 2014 | $7.6M | $7.4M | $26.5M | $0 | — | View 990 |
| 2013 | $7.2M | $5.8M | $26.3M | $0 | — | View 990 |
| 2012 | $7.5M | $5.4M | $24.8M | $0 | — | View 990 |
| 2011 | $7.5M | $5.3M | $22.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.7M, expenses of $7.5M, and assets of $29.1M (revenue +10.3% year-over-year).
- 2022: Revenue of $7.0M, expenses of $7.3M, and assets of $29.0M (revenue -2.5% year-over-year).
- 2021: Revenue of $7.2M, expenses of $7.1M, and assets of $29.3M (revenue -10.9% year-over-year).
- 2020: Revenue of $8.1M, expenses of $6.6M, and assets of $29.2M (revenue +0.8% year-over-year).
- 2019: Revenue of $8.0M, expenses of $7.3M, and assets of $27.8M (revenue +2.8% year-over-year).
- 2018: Revenue of $7.8M, expenses of $7.2M, and assets of $27.1M (revenue +2.2% year-over-year).
- 2017: Revenue of $7.6M, expenses of $7.0M, and assets of $26.5M (revenue +11.0% year-over-year).
- 2016: Revenue of $6.9M, expenses of $6.5M, and assets of $25.9M (revenue -3.0% year-over-year).
- 2015: Revenue of $7.1M, expenses of $7.1M, and assets of $25.6M (revenue -7.3% year-over-year).
- 2014: Revenue of $7.6M, expenses of $7.4M, and assets of $26.5M (revenue +5.4% year-over-year).
- 2013: Revenue of $7.2M, expenses of $5.8M, and assets of $26.3M (revenue -4.0% year-over-year).
- 2012: Revenue of $7.5M, expenses of $5.4M, and assets of $24.8M (revenue +0.5% year-over-year).
- 2011: Revenue of $7.5M, expenses of $5.3M, and assets of $22.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for City Of Minneapolis Health Reimbursement Arrangement Plan Tr:
Data Sources and Methodology
This transparency report for City Of Minneapolis Health Reimbursement Arrangement Plan Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.