Allete & Affiliated Co Non-union Life Insurance Trust
501(c)(9)Membership
Only null% goes to programs Strong reserves Growing revenue
Allete & Affiliated Co Non-union Life Insurance Trust is a 501(c)(9) organization based in Duluth, Minnesota, registered in 1999, with $411,782 in FY2024 revenue. CharityIndex grades it D.
30 W Superior St, Duluth, MN, 55802 EIN 41-6426496 Since 1999
Revenue (FY2024)
$412K
▲ 86.3% vs prior year
Membership median: $185K
Expenses (FY2024)
$577K
Net assets
$5.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Allete & Affiliated Co Non-union Life Insurance Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating107 mo reserves · -40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Allete & Affiliated Co Non-union Life Insurance Trust: 107 mo reserves · -40% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Allete & Affiliated Co Non-union Life Insurance Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Allete & Affiliated Co Non-union Life Insurance Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 30 W Superior St, Duluth, MN, 55802
- City
- Duluth
- State
- Minnesota
- Category
- Mutual & Membership Benefit
- Subcategory
- Insurance Providers
Financial trends
Revenue declined from $746K (FY2013) to $412K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $44KNet assets $5.1M
Operating margin
-40.0%
Spent more than it raised in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$44K
Net assets
$5.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $411,782▲86.3% | $576,539▼18.5% | $5,120,654▼0.4% | $5,164,876▼0.5% | 990 |
| 2023 | $221,009▲28.7% | $707,618▲6.8% | $5,143,345 | $5,188,492 | 990 |
| 2022 | $171,728▼32.7% | $662,684▼7.2% | $5,142,570▼23.6% | $5,188,875▼23.5% | 990 |
| 2021 | $255,200▼55.3% | $714,186▲3.3% | $6,731,376▲0.2% | $6,778,814▲0.2% | 990 |
| 2020 | $570,468▲26.3% | $691,282▼9.6% | $6,719,020▲1.1% | $6,767,972▲1.1% | 990 |
| 2019 | $451,557▼8.5% | $764,623▲5.8% | $6,645,265▲7.0% | $6,696,856▲7.0% | 990 |
| 2018 | $493,720▲48.1% | $722,796▲6.8% | $6,209,262▼14.8% | $6,261,613▼14.7% | 990 |
| 2017 | $333,449▼25.0% | $676,483▼6.3% | $7,288,259▲5.3% | $7,340,122▲5.2% | 990 |
| 2016 | $444,444▲7.2% | $722,314▼15.4% | $6,921,723▼2.0% | $6,976,031▼1.9% | 990 |
| 2015 | $414,597▼40.7% | $853,826▲75.0% | $7,065,848▼11.8% | $7,110,623▼11.6% | 990 |
| 2014 | $698,580▼6.4% | $488,037▲21.0% | $8,009,287▲1.3% | $8,046,714▲1.4% | 990 |
| 2013 | $745,958 | $403,283▲7.2% | $7,904,339▲20.1% | $7,935,596▲20.0% | 990 |
| 2012 | — | $376,116▼2.6% | $6,581,445▼0.5% | $6,611,195▼0.1% | 990 |
| 2010 | — | $386,066 | $6,617,090 | $6,617,090 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Allete & Affiliated Co Non-union Life Insurance Trust
Frequently asked questions
- Is Allete & Affiliated Co Non-union Life Insurance Trust a legitimate nonprofit?
- Yes. Allete & Affiliated Co Non-union Life Insurance Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 41-6426496, based in Duluth, Minnesota.
- What is Allete & Affiliated Co Non-union Life Insurance Trust's EIN?
- Allete & Affiliated Co Non-union Life Insurance Trust's Employer Identification Number (EIN) is 41-6426496.
- How much revenue does Allete & Affiliated Co Non-union Life Insurance Trust report?
- Allete & Affiliated Co Non-union Life Insurance Trust reported $411,782 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Allete & Affiliated Co Non-union Life Insurance Trust have?
- CharityIndex grades Allete & Affiliated Co Non-union Life Insurance Trust D, based on financial health (reserves and operating margin).
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Data for Allete & Affiliated Co Non-union Life Insurance Trust (EIN 41-6426496) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.