Patrons Mutual Fire Insurance Company

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

EIN: 350569837 ✦ Carmel, IN ✦ Designated as a 501(c)(15)

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Overview

What is Patrons Mutual Fire Insurance Company?

Patrons Mutual Fire Insurance Company is a nonprofit organization situated in Carmel, Indiana, specifically at 571 Monon Blvd STE 200. Their primary focus is to offer insurance coverage to its members, safeguarding them from both current and impending losses. This insurance protection serves as a safety net for the members, shielding them from potential financial hardships.

Is Patrons Mutual Fire Insurance Company legitimate?

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

For more financial information, click here

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

The Patrons Mutual Fire Insurance Company is committed to providing insurance coverage to its members. This mission is aimed at shielding them from both current and potential losses. By offering this insurance coverage, the company aims to provide a sense of security and peace of mind to its members, allowing them to focus on other aspects of their lives. The company's activities are centered around this mission, ensuring that its members have the necessary protection in various scenarios.

Who is the CEO of Patrons Mutual Fire Insurance Company?

Sean Murray is the Director of Patrons Mutual Fire Insurance Company.

What is the revenue of Patrons Mutual Fire Insurance Company?

Patrons Mutual Fire Insurance Company's revenue in 2022 was $436,894.

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


Here are 5 key members and their salaries:


Delores Rolf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Cooper (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Harper (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Murray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Piper (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Patrons Mutual Fire Insurance Company?

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

Mission Statement of Patrons Mutual Fire Insurance Company

Patrons Mutual Fire Insurance Company is committed to providing insurance coverage to its members, aiming to shield them from both current and impending losses. The company's mission is centered around this goal, ensuring that its members can face various challenges with financial security and peace of mind. By offering comprehensive insurance coverage, Patrons Mutual Fire Insurance Company empowers its members to navigate through life's uncertainties with confidence.

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Impact




October, 2024

Patrons Mutual Fire Insurance Company plays a crucial role in the financial security of its members by offering insurance coverage designed to protect against both present and future losses. Based in Carmel, Indiana, the company focuses on delivering tailored insurance solutions that meet the unique needs of its members. By safeguarding their assets, Patrons Mutual not only helps individuals and families achieve peace of mind but also fosters a sense of community and mutual aid among its members. This commitment to their financial well-being enhances stability and resilience against unforeseen circumstances, ultimately contributing to a more secure and interconnected community.




This information is meant to be a general summary of Patrons 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
$436,894 (2022)
Expenses
$594,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,912
  • Program Service Revenue: $429,982
  • Gross Receipts: $436,894

Assets and Liabilities:

  • Total Assets: $439,908
  • Total Liabilities: $55,672
  • Net Assets: $384,236

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Programs

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

DIRECT PREMIUMS WRITTEN

Revenue

$312,662

CEDING COMMISSIONS

Revenue

$96,315

MEMBERSHIP FEES

Revenue

$10,426

COMMERCIAL OFFICE SPACE

Revenue

$6,300

PREMIUMS ON LIABILITY

Revenue

$4,279

Organization Details

Founding Year

1878

Principal Officer

Sean Murray

Main Address

571 MONON BLVD STE 200, CARMEL, IN, 46032

NTEE Category

Code: Y23 - Mutual benefit

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