| UNIVERSITY OF NORTHWESTERN ST PAUL | $106,696,641 | $103,642,524 |
| ASPEN MEDICAL GROUP | $85,345,503 | $100,687,455 |
| CONSUMER CHOICE SERVICES INC | $100,001,171 | $99,512,481 |
| ST MARYS UNIVERSITY OF MINNESOTA | $103,191,263 | $98,301,355 |
| NORTH COUNTRY HEALTH SERVICE | $102,221,929 | $95,865,038 |
| GRAND ITASCA CLINIC AND HOSPITAL | $97,048,489 | $94,210,341 |
| LAKE COUNTRY POWER | $94,052,463 | $94,050,937 |
| MANKATO REHABILITATION CENTER INC | $92,687,520 | $92,832,182 |
| MINNESOTA VALLEY ELECTRIC COOPERATIVE | $92,655,686 | $92,342,792 |
| DULUTH TEACHERS RETIREMENT FUND ASSOCIATION | $99,502,903 | $85,387,167 |
| HUTCHINSON HEALTH | $82,905,314 | $80,817,751 |
| MAYO CLINIC HEALTH SYSTEM - OWATONNA | $83,923,604 | $79,490,139 |
| MIENERGY COOPERATIVE | $79,314,701 | $78,766,463 |
| CATHOLIC UNITED FINANCIAL | $78,331,214 | $77,722,076 |
| AMERICAN BAPTIST HOMES OF THE MIDWEST | $73,630,802 | $77,640,477 |
| CONCORDIA UNIVERSITY ST PAUL | $84,023,708 | $77,320,304 |
| MAYO CLINIC HEALTH SYSTEM-FAIRMONT | $76,307,155 | $76,165,056 |
| CROW WING COOPERATIVE POWER AND LIGHT CO | $75,588,033 | $76,059,026 |
| LIFEWORKS SERVICES INC | $77,294,281 | $75,789,612 |
| UNITY FAMILY HEALTHCARE | $76,519,146 | $73,812,571 |
| MINNESOTA MEDICAL FOUNDATION | $79,237,432 | $73,525,463 |
| FAIRVIEW HOME CARE AND HOSPICE | $69,084,156 | $72,661,485 |
| IBEW 292 HEALTH CARE PLAN | $77,143,242 | $71,711,147 |
| SAINT PAUL FOUNDATION | $118,527,281 | $71,078,537 |
| ANDERSEN CORPORATION VEBA H AND W BEN TRUST | $67,120,604 | $69,649,266 |