Southeast Mutual Insurance Company

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

EIN: 391092361 ✦ Burlington, WI ✦ Designated as a 501(c)(15)

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Overview

What is Southeast Mutual Insurance Company?

Southeast Mutual Insurance Company is a community-focused mutual insurance organization, situated in Burlington, Wisconsin. With a team of five dedicated professionals, they specialize in offering property and casualty benefits to their policyholders. Their primary mission is to serve their town, providing essential insurance coverage to their policyholders. The company operates as a town mutual insurance company, ensuring financial security and risk management for its members.

Is Southeast Mutual Insurance Company legitimate?

Southeast Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Southeast Mutual 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: $78,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,678

For more financial information, click here

What is the mission statement of Southeast Mutual Insurance Company?

Southeast Mutual Insurance Company serves as a town mutual insurance provider, offering property and casualty benefits to its policyholders. Its primary mission is to provide these essential insurance services, ensuring financial protection and peace of mind for its policyholders. The company's activities are centered around managing and covering various risks, ultimately fulfilling its commitment to its policyholders. Southeast Mutual Insurance Company is dedicated to upholding its role as a reliable provider of insurance services, ensuring its policyholders have the necessary protection in the event of unforeseen circumstances.

Who is the CEO of Southeast Mutual Insurance Company?

Robin Kasuboski is the President of Southeast Mutual Insurance Company.

What is the revenue of Southeast Mutual Insurance Company?

Southeast Mutual Insurance Company's revenue in 2021 was $583,882.

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

The average compensation at Southeast Mutual Insurance Company during 2021 was $28,788. There are 5 employees at Southeast Mutual Insurance Company.


Here are 7 key members and their salaries:


Jerome Ketterhagen (President)
  • Compensation: $4,466
  • Related: $0
  • Other: $0
Jeremy Krusemark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Daniels (Treasurer)
  • Compensation: $71,886
  • Related: $0
  • Other: $0
Mark Wilson (Vice-President)
  • Compensation: $1,929
  • Related: $0
  • Other: $0
Jennifer Ehlen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bork (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Patla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southeast Mutual Insurance Company?

Southeast Mutual Insurance Company's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Southeast Mutual Insurance Company

Southeast Mutual Insurance Company, as a town mutual insurance company, is dedicated to providing property and casualty benefits to its policyholders. In essence, this organization serves its community by offering insurance coverage to protect against various types of losses and damages. By doing so, Southeast Mutual Insurance Company aims to provide peace of mind and financial security to its policyholders in the event of unforeseen circumstances. The company's mission is centered around its role as a mutual insurance company, which means it is owned and controlled by its policyholders, ensuring that the company's operations and decisions are in the best interest of its members.

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Impact




October, 2024

Southeast Mutual Insurance Company plays a significant role in the Burlington, WI community by offering essential property and casualty benefits to its policyholders. As a town mutual insurance company, it provides crucial financial protection and peace of mind to local individuals and families, ensuring they are safeguarded against potential risks and losses. By focusing on the needs of its members, Southeast Mutual Insurance Company fosters a sense of mutual support and community resilience. This local approach not only strengthens the economic stability of Burlington but also enriches the social fabric by emphasizing the importance of collective well-being and shared responsibilities.




This information is meant to be a general summary of Southeast Mutual 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
$583,882 (2021)
Expenses
$620,717 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $90,536
  • Program Service Revenue: $464,706
  • Gross Receipts: $911,590

Assets and Liabilities:

  • Total Assets: $1,218,417
  • Total Liabilities: $230,401
  • Net Assets: $988,016

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Programs

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

PREMIUMS EARNED

Revenue

$464,706

Organization Details

Founding Year

1875

Principal Officer

Robin Kasuboski

Main Address

PO BOX 759, BURLINGTON, WI, 53105

NTEE Category

Code: Y20 - Mutual benefit

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