Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | Any person with a current policy is a voting member of the organization. |
| Member election for additional members Part VI line 7a | The policyholders elect 5 to 9 members to serve as directors for a 3 year term at the annual policyholder meeting. |
| Form 990 governing body review Part VI line 11 | Form 990 is reviewed and signed by the manager of the organization. The board of directors does not review it prior to filing. |
| Conflict of interest policy compliance Part VI line 12c | Monitoring and enforcement of the organizations conflict of interest policy is done through the policy underwriting and issueance process, the claims settlement process, and an annual discussion and review by management and the board of directors. |
| CEO executive director top management comp Part VI line 15a | Director compensation is determined by the number of meetings attended by the board member. |
| Other officer or key employee compensation Part VI line 15b | The board determines management and staff compensation based upon experience and qualifications. |
| Governing documents etc available to public Part VI line 19 | Financial and governing documents are available to the public upon request. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | The following assets (net of accumulated depreciation) are excluded from Part X as required by statutory accounting rules and Minnesota Statute 67A due to non-admitted classification.Furniture, fixtures and computer equipment 66Prepaid operating expenses 2,893Uncollected premium greater than 90 days past due 8,011Total non-admitted assets at the end of the year 10,970Total non-admitted assets at the beginning of the year 17,076Decrease in non-admitted assets excluding net unrealized losses 6,106 |
| Part XI response or note to any line in Part XI | Part XI, Line 5Net Unrealized gains (losses) on investments Net unrealized gains and losses at the beginning of the year 3,305 Net unrealized gains and losses at the end of the year 3,324 Change in unrealized gains and losses -19 |
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