Overview
What is Bristol Town Insurance Company?
Bristol Town Insurance Company is a mutual insurance firm situated in Sun Prairie, Wisconsin. With a focus on serving the local community, they offer property and casualty insurance benefits to their 148 policyholders. Committed to affordability, the company maintains a conservative financial stance, ensuring that their gross profits and gross receipts do not surpass $600,000. The organization's primary mission is to provide reliable property and casualty insurance coverage, aiming to safeguard the interests of its clientele.
Is Bristol Town Insurance Company legitimate?
Bristol Town Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Bristol Town 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: $35,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Bristol Town Insurance Company?
Bristol Town Insurance Company's mission is centered around providing property and casualty insurance coverage. With a focus on affordability, the company aims to serve a total of 148 policyholders while maintaining strict financial limits on gross profits and gross receipts, not exceeding 600,000. In essence, the company's mission is to safeguard its policyholders by offering insurance protection for their properties and liabilities, all while maintaining financial prudence.
Who is the CEO of Bristol Town Insurance Company?
Bruce P Krebs is the Secretary / Treasurer of Bristol Town Insurance Company.
What is the revenue of Bristol Town Insurance Company?
Bristol Town Insurance Company's revenue in 2022 was $210,637.
Who are the executives of Bristol Town Insurance Company and what are their salaries?
The average compensation at Bristol Town Insurance Company during 2022 was $11,943. There are 3 employees at Bristol Town Insurance Company.
Here are 7 key members and their salaries:
- Compensation: $68,041
- Related: $0
- Other: $0
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $150
- Related: $0
- Other: $0
- Compensation: $50
- Related: $0
- Other: $0
- Compensation: $50
- Related: $0
- Other: $0
Where can I find the form 990 for Bristol Town Insurance Company?
Bristol Town Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bristol Town Insurance Company
Bristol Town Insurance Company, as an insurance provider, is dedicated to offering affordable property and casualty coverage to its 148 policyholders. The company's mission is to ensure that it maintains minimal gross profits and gross receipts, with a cap of 600,000, while still providing essential insurance services. In essence, Bristol Town Insurance Company strives to strike a balance between financial sustainability and the welfare of its policyholders, offering them necessary property and casualty insurance coverage.
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Impact
October, 2024
Bristol Town Insurance Company significantly impacts the local community by offering affordable property and casualty insurance coverage to policyholders in Sun Prairie, Wisconsin. With a focus on maintaining minimal gross profits and receipts, the company ensures that its services remain accessible to its 148 policyholders. Their commitment to providing essential insurance benefits fosters a sense of security and financial stability among residents, helping to protect homes and property against unforeseen events. This mutual benefit approach not only supports individual policyholders but also strengthens the overall resilience of the local community by promoting responsible insurance practices and encouraging local investment.
This information is meant to be a general summary of Bristol Town 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,438
- Program Service Revenue: $204,219
- Gross Receipts: $210,637
Assets and Liabilities:
- Total Assets: $1,081,277
- Total Liabilities: $80,361
- Net Assets: $1,000,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premiums Earned
Revenue
$204,219
Organization Details
Founding Year
1905
Phone
(608) 837-5894Principal Officer
Bruce P Krebs
Main Address
6338 County Road VV, Sun Prairie, WI, 53590
NTEE Category
Code: Y20 - Mutual benefit
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