West Branch Mutual Insurance Company

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

EIN: 240757710 ✦ Muncy, PA ✦ Designated as a 501(c)(15)

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Overview

What is West Branch Mutual Insurance Company?

West Branch Mutual Insurance Company is a mutual insurance company, established and operating exclusively within Pennsylvania. This organization serves its members by providing property and casualty insurance coverage. As a mutual company, it is domiciled in Muncy, Pennsylvania, with its headquarters located at 32 South Main Street, ZIP code 17756. The company has a small workforce of three dedicated individuals committed to upholding its mission of ensuring the protection of its policyholders' assets.

Is West Branch Mutual Insurance Company legitimate?

West Branch Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. West Branch 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: $36,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,251

For more financial information, click here

What is the mission statement of West Branch Mutual Insurance Company?

West Branch Mutual Insurance Company's primary mission is to offer property and casualty insurance services to its policyholders. This mutual insurance company is committed to providing reliable coverage to its members, ensuring their protection against various risks. The company's activities are focused on delivering insurance solutions that cater to the needs of its policyholders, thereby fostering peace of mind and security. The mission of West Branch Mutual Insurance Company is centered around its dedication to serving its policyholders by offering comprehensive insurance coverage.

Who is the CEO of West Branch Mutual Insurance Company?

Victoria Catherine Michael is the Pres, Vp, Di of West Branch Mutual Insurance Company.

What is the revenue of West Branch Mutual Insurance Company?

West Branch Mutual Insurance Company's revenue in 2022 was $521,773.

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

The average compensation at West Branch Mutual Insurance Company during 2022 was $22,917. There are 3 employees at West Branch Mutual Insurance Company.


Here are 7 key members and their salaries:


Victoria Catherine Michael (Pres, Vp, Di)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Richard Lee Michael (Secy,Treas,)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Nathan B Hafer (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Robert Patrick Hager (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Lindsay Marie Helsel (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Thomas Daniel Hess (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
James Luther Snyder (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Where can I find the form 990 for West Branch Mutual Insurance Company?

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

Mission Statement of West Branch Mutual Insurance Company

West Branch Mutual Insurance Company, as a mutual insurance company, is dedicated to providing property and casualty insurance to its policyholders. This mission is centered around safeguarding the assets and interests of its members, offering them the necessary protection they need in various unforeseen circumstances. The company's primary goal is to ensure that its policyholders are financially secure, providing them with peace of mind during challenging times. By offering property and casualty insurance, West Branch Mutual Insurance Company serves as a protective shield for its members, shielding them from potential financial losses due to unforeseen events.

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Impact




October, 2024

West Branch Mutual Insurance Company has a significant impact on the local community by offering essential property and casualty insurance services exclusively to its policyholders in Pennsylvania. Based in Muncy, PA, the company focuses on providing reliable coverage that helps protect individuals and businesses from various risks, fostering financial stability and peace of mind for its members.

By prioritizing member benefits, West Branch Mutual Insurance contributes to the overall resilience of the local economy. The company's commitment to serving its policyholders ensures that they receive personalized service and support, which can enhance community trust and solidarity. Moreover, through its insurance offerings, West Branch Mutual plays a crucial role in safeguarding assets, mitigating losses, and promoting recovery from unforeseen events, thus supporting the well-being of the wider community in which it operates.




This information is meant to be a general summary of West Branch 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
$521,773 (2022)
Expenses
$623,753 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,067
  • Program Service Revenue: $491,706
  • Gross Receipts: $521,773

Assets and Liabilities:

  • Total Assets: $1,447,619
  • Total Liabilities: $459,468
  • Net Assets: $988,151

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Programs

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

GROSS EARNED PREMIUMS

Revenue

$490,543

FINANCE CHARGES

Revenue

$1,295

PREMIUM BALANCES CHARGED OFF

Revenue

-$132

Organization Details

Founding Year

1878

Principal Officer

Victoria Catherine Michael

Main Address

32 SOUTH MAIN STREET, MUNCY, PA, 17756

NTEE Category

Code: Y20 - Mutual benefit

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