Pymatuning Mutual Fire Insurance Company

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

EIN: 250907863 ✦ Mercer, PA ✦ Designated as a 501(c)(15)

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Overview

What is Pymatuning Mutual Fire Insurance Company?

Pymatuning Mutual Fire Insurance Company is a small-scale organization, headquartered in Mercer, Pennsylvania, with a focus on providing insurance coverage. Specifically, they specialize in fire protection, allied lines, and liability matters. Their primary mission is to offer security and financial assistance in these areas, ensuring peace of mind for their clients. With a team of only three dedicated individuals, they are committed to delivering reliable insurance services.

Is Pymatuning Mutual Fire Insurance Company legitimate?

Pymatuning Mutual Fire Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Pymatuning Mutual Fire 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: $45,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pymatuning Mutual Fire Insurance Company?

The Pymatuning Mutual Fire Insurance Company's mission is centered around providing insurance coverage. Specifically, they focus on protecting against fire-related incidents, as well as other related fields and liability issues. Their objective is clearly stated in their mission description, which emphasizes their role in offering insurance coverage in these areas. The company's operations are geared towards ensuring financial security and peace of mind for their clients in the event of unforeseen circumstances, such as fire or liability issues.

Who is the CEO of Pymatuning Mutual Fire Insurance Company?

Victoria Berardi is the President of Pymatuning Mutual Fire Insurance Company.

What is the revenue of Pymatuning Mutual Fire Insurance Company?

Pymatuning Mutual Fire Insurance Company's revenue in 2022 was $99,404.

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

The average compensation at Pymatuning Mutual Fire Insurance Company during 2022 was $15,139. There are 3 employees and 7 volunteers at Pymatuning Mutual Fire Insurance Company.


Here are 9 key members and their salaries:


Ronald C Voorhies (President)
  • Compensation: $825
  • Related: $0
  • Other: $0
David L Shaffer (Vice President)
  • Compensation: $750
  • Related: $0
  • Other: $0
Victoria Berardi (Secretary)
  • Compensation: $16,142
  • Related: $0
  • Other: $0
Charles Martin (Treasurer)
  • Compensation: $12,155
  • Related: $0
  • Other: $0
Joseph W Bentley (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Paul C North (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Stoyer (Director)
  • Compensation: $900
  • Related: $0
  • Other: $0
Donald D Jones (Director)
  • Compensation: $825
  • Related: $0
  • Other: $0
George Carr (Director)
  • Compensation: $750
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pymatuning Mutual Fire Insurance Company?

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

Mission Statement of Pymatuning Mutual Fire Insurance Company

Pymatuning Mutual Fire Insurance Company is dedicated to providing insurance coverage, serving as a safeguard for its clients against various perils. Its primary mission revolves around offering protection against fire incidents, as well as other related risks and liabilities. This commitment to security is encapsulated in its mission statement, which emphasizes the provision of insurance coverage for fire, allied lines, and liability. By offering this insurance coverage, Pymatuning Mutual Fire Insurance Company aims to provide peace of mind to its clients, allowing them to focus on other aspects of their lives without the constant worry of unforeseen disasters.

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Impact




October, 2024

Pymatuning Mutual Fire Insurance Company plays a crucial role in the community by offering essential insurance coverage for fire, allied lines, and liability. Operating out of Mercer, PA, it contributes to the financial security and peace of mind of its policyholders by ensuring they are protected against potential losses from fires and related incidents. This coverage helps individuals and businesses manage risks effectively, fostering a safer environment.

The company's mission emphasizes its commitment to providing reliable insurance solutions, which is vital in helping residents recover from unforeseen events. By focusing on mutual benefit, Pymatuning Mutual Fire Insurance Company enhances community resilience, enabling individuals and businesses to thrive despite challenges. Its presence not only safeguards personal assets but also supports broader economic stability in the region.




This information is meant to be a general summary of Pymatuning Mutual Fire 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
$99,404 (2022)
Expenses
$247,834 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,294
  • Program Service Revenue: $88,110
  • Gross Receipts: $99,404

Assets and Liabilities:

  • Total Assets: $2,811,451
  • Total Liabilities: $94,602
  • Net Assets: $2,716,849

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Programs

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

INSURANCE FEES

Revenue

$88,110

Organization Details

Founding Year

1860

Principal Officer

Victoria Berardi

Main Address

147 N PITT STREET, MERCER, PA, 16137

NTEE Category

Code: Y20 - Mutual benefit

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