Meredith Insurance Company

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 150627426 ✦ East meredith, NY ✦ Designated as a 501(c)(15)

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Overview

What is Meredith Insurance Company?

Meredith Insurance Company is a small, nonprofit organization, headquartered in East Meredith, New York. Their primary mission is to offer affordable property insurance to its members. Established with the goal of providing financial security, the company's operations are centered around this objective, ensuring that insurance coverage remains accessible and budget-friendly for its members. With a modest team of one employee, Meredith Insurance Company maintains a focused and dedicated approach to serving its community.

Is Meredith Insurance Company legitimate?

Meredith Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Meredith Insurance Company submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $19,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Meredith Insurance Company?

The Meredith Insurance Company is committed to providing its members with affordable property insurance. This mission is at the core of their activities, ensuring that their services are accessible and financially manageable for their clientele. By offering affordable property insurance, the company aims to provide a sense of security and peace of mind to its members, enabling them to protect their assets effectively. The company's approach to insurance is centered around affordability, a testament to their commitment to their members' financial well-being.

Who is the CEO of Meredith Insurance Company?

Terry Mostert is the Secretary,Treas of Meredith Insurance Company.

What is the revenue of Meredith Insurance Company?

Meredith Insurance Company's revenue in 2022 was $44,354.

Who are the executives of Meredith Insurance Company and what are their salaries?

The average compensation at Meredith Insurance Company during 2022 was $19,600. There is 1 employee at Meredith Insurance Company.


Here are 9 key members and their salaries:


Terry Mostert (Secretary,Treas)
  • Compensation: $17,364
  • Related: $0
  • Other: $0
Bryan Boyer (President)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Brenda Gladstone (Director, Agent)
  • Compensation: $1,696
  • Related: $0
  • Other: $0
Herman Menke (Director, Agent)
  • Compensation: $1,494
  • Related: $0
  • Other: $0
Michael Macclintock (Vice President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
John Bramley (Vice President)
  • Compensation: $918
  • Related: $0
  • Other: $0
Carolyn June (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Bette Shaw (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Joan Tubridy (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Where can I find the form 990 for Meredith Insurance Company?

Meredith Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Meredith Insurance Company

Meredith Insurance Company, as a nonprofit organization, is dedicated to providing an essential service to its members. At its core, its mission is to offer affordable property insurance. This commitment is not merely a statement of purpose but a tangible action aimed at ensuring financial security for its members, who rely on property insurance to safeguard their homes and possessions. By making property insurance affordable, Meredith Insurance Company plays a vital role in promoting financial stability and peace of mind for its members.

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Impact




October, 2024

Meredith Insurance Company plays a crucial role in supporting its members by offering affordable property insurance. Located in East Meredith, NY, the company is dedicated to ensuring that individuals have access to essential insurance coverage, helping to protect their assets and provide a sense of security within the community. Its focus on mutual benefit fosters a collaborative environment where members can receive the support they need, ultimately contributing to the overall stability and welfare of the region. By prioritizing affordability, Meredith Insurance Company alleviates financial burdens and promotes peace of mind for its members.




This information is meant to be a general summary of Meredith Insurance Company. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$44,354 (2022)
Expenses
$44,592 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,268
  • Gross Receipts: $44,354

Assets and Liabilities:

  • Total Assets: $866,140
  • Total Liabilities: $19,837
  • Net Assets: $846,303

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Organization Details

Founding Year

1862

Principal Officer

Terry Mostert

Main Address

PO BOX 94, EAST MEREDITH, NY, 13757

NTEE Category

Code: Y20 - Mutual benefit

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