Overview
What is West & Knox Mutual Insurance Co Inc?
West & Knox Mutual Insurance Co Inc, based in Carrollton, Ohio, serves as a protective shield for its members, safeguarding them from financial losses caused by fire, lightning, windstorms, and offering extended coverage as well. With a modest workforce of two dedicated individuals, the company is committed to providing essential insurance services, ensuring peace of mind for its members in the face of potential damages.
Is West & Knox Mutual Insurance Co Inc legitimate?
West & Knox Mutual Insurance Co Inc is a legitimate nonprofit organization registered as a 501(c)(15) entity. West & Knox Mutual Insurance Co Inc 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: $36,495
For more financial information, click here
What is the mission statement of West & Knox Mutual Insurance Co Inc?
West & Knox Mutual Insurance Company's mission is centered around protecting its members. The company provides insurance coverage, safeguarding its members from potential losses due to fire, lightning, windstorms, and extended coverage. This insurance service aims to offer peace of mind and financial security in the face of potential damage. The company's activities are primarily focused on insuring its members against such incidents, ensuring they are not left financially burdened in the event of damage.
What is the revenue of West & Knox Mutual Insurance Co Inc?
West & Knox Mutual Insurance Co Inc's revenue in 2024 was $285,927.
Who are the executives of West & Knox Mutual Insurance Co Inc and what are their salaries?
The average compensation at West & Knox Mutual Insurance Co Inc during 2024 was $36,495. There is 1 employee at West & Knox Mutual Insurance Co Inc.
Here are 8 key members and their salaries:
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $7,200
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $10,695
- Related: $0
- Other: $0
Where can I find the form 990 for West & Knox Mutual Insurance Co Inc?
West & Knox Mutual Insurance Co Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of West & Knox Mutual Insurance Co Inc
West & Knox Mutual Insurance Co Inc is dedicated to safeguarding its members from financial losses caused by various calamities. Specifically, the organization insures its members against damage resulting from fires, lightning strikes, and windstorms. Furthermore, it offers extended coverage to provide comprehensive protection to its members. In essence, West & Knox Mutual Insurance Co Inc's mission is to provide peace of mind to its members, ensuring they are financially protected during times of unforeseen adversities.
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Impact
October, 2024
West & Knox Mutual Insurance Co Inc plays a crucial role in enhancing community resilience by providing essential insurance coverage to its members against significant risks, such as fire, lightning, windstorms, and other extended perils. Operating in Carrollton, OH, the organization focuses on protecting individuals and families from financial loss, which fosters a sense of security and stability within the community.
By offering tailored insurance solutions, West & Knox Mutual Insurance Co Inc not only safeguards its members’ properties but also promotes a culture of mutual support and shared benefit. This collective approach encourages community cohesion and assists members in recovering from adverse events, ultimately contributing to economic stability and peace of mind. Through its mission of protecting its members from unforeseen losses, West & Knox Mutual Insurance Co Inc reinforces the importance of accountability and preparedness in the face of potential disasters.
This information is meant to be a general summary of West & Knox Mutual Insurance Co Inc. 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 2024.
- Investment Income: $38,348
- Program Service Revenue: $239,338
- Gross Receipts: $285,927
Assets and Liabilities:
- Total Assets: $1,246,227
- Total Liabilities: $127,408
- Net Assets: $1,118,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM INCOME
Revenue
$239,338
Organization Details
Founding Year
1878
Principal Officer
Sherman Oyer
NTEE Category
Code: Y20 - Mutual benefit
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