Protection Mutual Insurance Company

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

EIN: 230990215 ✦ Littlestown, PA ✦ Designated as a 501(c)(15)

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Overview

What is Protection Mutual Insurance Company?

Protection Mutual Insurance Company, based in Littlestown, Pennsylvania, is a specialized organization that offers property and casualty insurance coverage to its policyholders. Established with taxpayer support, the company's primary mission is to provide comprehensive protection for its policyholders, ensuring their assets and interests are safeguarded against various risks. With a modest workforce of two dedicated individuals, Protection Mutual Insurance Company continues to provide essential insurance services to its clientele.

Is Protection Mutual Insurance Company legitimate?

Protection Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Protection Mutual 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: $37,299
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,057

For more financial information, click here

What is the mission statement of Protection Mutual Insurance Company?

Protection Mutual Insurance Company is an organization dedicated to providing property and casualty insurance coverage to its policyholders. This mission is carried out to safeguard the assets and interests of its clients in various unforeseen circumstances. The company's primary activity is to offer insurance protection, which is funded by the taxes paid by its policyholders. In essence, Protection Mutual Insurance Company serves as a financial safety net for its clients, providing them with peace of mind during challenging times.

Who is the CEO of Protection Mutual Insurance Company?

Michele A Lowman is the Vp/ Treas / of Protection Mutual Insurance Company.

What is the revenue of Protection Mutual Insurance Company?

Protection Mutual Insurance Company's revenue in 2022 was $475,128.

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

The average compensation at Protection Mutual Insurance Company during 2022 was $29,178. There are 2 employees at Protection Mutual Insurance Company.


Here are 7 key members and their salaries:


Michele A Lowman (Vp/ Treas /)
  • Compensation: $33,771
  • Related: $0
  • Other: $0
Dale E Brauning (Director)
  • Compensation: $588
  • Related: $0
  • Other: $0
Randall A Brumgard (Director)
  • Compensation: $588
  • Related: $0
  • Other: $0
Ronald E Dehoff (President /)
  • Compensation: $588
  • Related: $0
  • Other: $0
Steven D Harman (Director)
  • Compensation: $588
  • Related: $0
  • Other: $0
Scott A Hawk (Secretary /)
  • Compensation: $588
  • Related: $0
  • Other: $0
Steven A Shanebrook (Director)
  • Compensation: $588
  • Related: $0
  • Other: $0
Where can I find the form 990 for Protection Mutual Insurance Company?

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

Mission Statement of Protection Mutual Insurance Company

Protection Mutual Insurance Company, established with a mission, is dedicated to offering property and casualty insurance coverage to its policyholders. This organization serves its clients by providing them with the necessary insurance coverage, safeguarding them from potential financial losses due to various incidents. The company's mission is grounded in the belief that insurance plays a crucial role in protecting individuals and businesses from unforeseen events, thus offering peace of mind and security. By offering comprehensive insurance coverage, Protection Mutual Insurance Company aims to provide its policyholders with a sense of security, knowing that they are protected against potential losses.

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Impact




October, 2024

Protection Mutual Insurance Company provides essential property and casualty insurance coverage to its policyholders in Littlestown, PA. By offering these services, the company enhances financial security and stability for individuals and businesses, helping them safeguard their assets against unforeseen risks and losses. Its mission focuses on mutual benefit, ensuring that policyholders receive tailored insurance solutions that meet their needs. This commitment not only supports the local community but also fosters trust and reliability in the insurance sector, reinforcing the importance of protective coverage in everyday life. Through its operations, Protection Mutual Insurance Company plays a crucial role in promoting economic resilience and providing peace of mind to its members.




This information is meant to be a general summary of Protection Mutual 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
$475,128 (2022)
Expenses
$553,659 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,755
  • Program Service Revenue: $445,373
  • Gross Receipts: $475,128

Assets and Liabilities:

  • Total Assets: $543,529
  • Total Liabilities: $136,373
  • Net Assets: $407,156

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GROSS PREMIUMS

Revenue

$443,973

FINANCE CHARGES

Revenue

$1,400

Organization Details

Founding Year

1851

Principal Officer

Michele A Lowman

Main Address

101 SOUTH QUEEN STREET, LITTLESTOWN, PA, 17340

NTEE Category

Code: Y20 - Mutual benefit

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