Overview
What is Washington Town Mutual Insurance Co?
Washington Town Mutual Insurance Company is a mutual organization situated unspecified. Its primary function is to offer property and casualty insurance protection to its members and policyholders. By assuming these responsibilities, the company incurs associated expenses as part of its role as a mutual insurance provider. In essence, Washington Town Mutual Insurance Co exists to safeguard its members' properties and financial interests against various unforeseen incidents.
Is Washington Town Mutual Insurance Co legitimate?
Washington Town Mutual Insurance Co is a legitimate nonprofit organization registered as a 501(c)(15) entity. Washington Town Mutual Insurance Co 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: $57,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,940
For more financial information, click here
What is the mission statement of Washington Town Mutual Insurance Co?
Washington Town Mutual Insurance Company's primary mission is to offer property and casualty insurance coverage to its members and policyholders. This organization is dedicated to fulfilling this mission by providing the necessary insurance protection. By doing so, Washington Town Mutual Insurance Company aims to safeguard its clients from potential financial losses due to various risks. The company incurs expenses as a mutual provider of these insurance benefits.
Who is the CEO of Washington Town Mutual Insurance Co?
Marjorie Bjamarson is the Treasurer of Washington Town Mutual Insurance Co.
What is the revenue of Washington Town Mutual Insurance Co?
Washington Town Mutual Insurance Co's revenue in 2022 was $235,703.
Who are the executives of Washington Town Mutual Insurance Co and what are their salaries?
The average compensation at Washington Town Mutual Insurance Co during 2022 was $8,422. There are 7 employees at Washington Town Mutual Insurance Co.
Here are 6 key members and their salaries:
- Compensation: $54,246
- Related: $0
- Other: $0
- Compensation: $780
- Related: $0
- Other: $0
- Compensation: $680
- Related: $0
- Other: $0
- Compensation: $680
- Related: $0
- Other: $0
- Compensation: $630
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Washington Town Mutual Insurance Co?
Washington Town Mutual Insurance Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Washington Town Mutual Insurance Co
Washington Town Mutual Insurance Company, as a mutual insurance provider, is committed to delivering property and casualty insurance coverage to its members and policyholders. Its mission is to offer this vital protection, ensuring peace of mind for those it serves. By providing this coverage, the company incurs expenses to safeguard the interests of its policyholders, demonstrating its dedication to their well-being.
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Impact
October, 2024
Washington Town Mutual Insurance Co plays a crucial role in providing property and casualty insurance coverage for its members and policyholders. By offering tailored insurance solutions, it helps protect individuals and families against unforeseen financial burdens resulting from property damage or liability claims. The company is grounded in its mission to deliver reliable insurance benefits, ensuring that its policyholders have the support and security they need in times of crisis. Situated in Washington Island, WI, it actively contributes to the local community by fostering a sense of security and stability through its services. Ultimately, Washington Town Mutual Insurance Co enhances the well-being of its members by prioritizing their needs and offering essential risk management solutions.
This information is meant to be a general summary of Washington Town Mutual Insurance Co. 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: $40,528
- Program Service Revenue: $195,001
- Gross Receipts: $235,703
Assets and Liabilities:
- Total Assets: $2,222,648
- Total Liabilities: $82,087
- Net Assets: $2,140,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE REVENUE EARNED
Revenue
$195,001
Organization Details
Founding Year
1889
Phone
(920) 847-2041Principal Officer
Marjorie Bjamarson
Main Address
1246 MAIN ROAD, WASHINGTON ISLAND, WI, 54246
NTEE Category
Code: Y20 - Mutual benefit
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