Overview
What is Insurance Agents Of Farmers Mutual?
Insurance Agents of Farmers Mutual, based in Temple, Texas, is a nonprofit organization primarily focused on providing Errors and Omissions coverage for its member agents. Operating under the name RVOS Agents Purchasing Group, the organization aims to offer this insurance at a reasonable cost, acting as a small insurance company exempt from taxation under Section 501(C)(15). Their mission is to protect and support RVOS Property and Casualty agents, ensuring they have the necessary coverage in their line of work.
Is Insurance Agents Of Farmers Mutual legitimate?
Insurance Agents Of Farmers Mutual is a legitimate nonprofit organization registered as a 501(c)(15) entity. Insurance Agents Of Farmers Mutual 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Insurance Agents Of Farmers Mutual?
Insurance Agents of Farmers Mutual is committed to providing Errors and Omissions insurance for RVOS property and casualty agents at an affordable cost. Operating under Section 501(C)(15), the organization is recognized as a tax-exempt small insurance company. Its primary mission is to safeguard RVOS agents from potential liabilities arising from errors or omissions in their insurance services, thereby providing them with financial protection and peace of mind.
What is the revenue of Insurance Agents Of Farmers Mutual?
Insurance Agents Of Farmers Mutual's revenue in 2023 was $146,321.
Who are the executives of Insurance Agents Of Farmers Mutual and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Insurance Agents Of Farmers Mutual?
Insurance Agents Of Farmers Mutual's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Insurance Agents Of Farmers Mutual
Insurance Agents of Farmers Mutual, a tax-exempt organization under Section 501(C)(15), is dedicated to serving as a small insurance company. Its primary mission is to provide Errors and Omissions insurance for RVOS Property and Casualty agents at an affordable cost. This nonprofit organization is committed to safeguarding its member agents against potential liabilities arising from professional errors or oversights, thereby offering them peace of mind and protection. By offering Errors and Omissions coverage, Insurance Agents of Farmers Mutual plays a vital role in supporting its members, enabling them to focus on their core responsibilities without the added stress of potential legal or financial repercussions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Insurance Agents Of Farmers Mutual plays a vital role in supporting property and casualty agents by offering errors and omissions coverage. Based in Temple, Texas, the organization focuses on providing affordable insurance solutions specifically tailored for RVOs (Regional Vehicle Organizations), ensuring that member agents are protected against potential malpractice claims. This accessibility to essential insurance coverage fosters a more secure working environment for agents, which in turn enhances the quality of service they can provide to their clients. By addressing the unique needs of its members, Insurance Agents Of Farmers Mutual contributes to the stability and professionalism of the insurance industry, thereby reinforcing trust and reliability in the market.
This information is meant to be a general summary of Insurance Agents Of Farmers Mutual. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $781
- Program Service Revenue: $145,540
- Gross Receipts: $146,321
Assets and Liabilities:
- Total Assets: $509,458
- Total Liabilities: $0
- Net Assets: $509,458
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER PREMIUMS
Revenue
$145,540
Organization Details
Founding Year
2007
Principal Officer
Glenn Kaminsky
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of Insurance Agents Of Farmers Mutual and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.