Overview
What is Clark Mutual Insurance Company?
Clark Mutual Insurance Company is a modest organization, located in Kahoka, Missouri. With a focus on customer satisfaction, they offer competitive insurance policies for both farm and residential properties. The company prides itself on delivering exceptional service across all aspects of underwriting, claim handling, and policy issuance. Their team, comprising just two dedicated individuals, is committed to ensuring their customers receive the best possible coverage.
Is Clark Mutual Insurance Company legitimate?
Clark Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Clark 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: $109,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,599
For more financial information, click here
What is the mission statement of Clark Mutual Insurance Company?
Clark Mutual Insurance Company's mission is centered around providing insurance coverage for both farm and residential properties at competitive prices. They are committed to delivering exceptional customer service in all aspects of their operations, including underwriting, claims, and policy issuance. This commitment to customer service is a key part of their business philosophy, ensuring that their clients receive the best possible service throughout their interaction with the company.
What is the revenue of Clark Mutual Insurance Company?
Clark Mutual Insurance Company's revenue in 2024 was $559,967.
Who are the executives of Clark Mutual Insurance Company and what are their salaries?
The average compensation at Clark Mutual Insurance Company during 2024 was $50,069. There are 3 employees at Clark Mutual Insurance Company.
Here are 7 key members and their salaries:
- Compensation: $9,600
- Related: $0
- Other: $96,908
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
Where can I find the form 990 for Clark Mutual Insurance Company?
Clark Mutual Insurance Company's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Clark Mutual Insurance Company
Clark Mutual Insurance Company is dedicated to its mission of providing insurance coverage for both farm and residential properties at a competitive price. Beyond offering affordable insurance, the company prides itself on delivering exceptional customer service across all aspects of its business operations, including underwriting, claims, and policy issuance. In essence, Clark Mutual Insurance Company strives to protect its customers' properties while ensuring a seamless and satisfactory experience throughout the insurance journey.
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Impact
October, 2024
Clark Mutual Insurance Company plays a vital role in providing property insurance to residents and farmers in Kahoka, MO. By offering competitive pricing on insurance for both farm and residential properties, the company ensures that its customers can protect their assets effectively without overextending their budgets.
In addition to affordability, Clark Mutual prioritizes superior customer service throughout the entire insurance process, from underwriting to claims management and policy issuance. This dedication not only enhances customer satisfaction but also fosters trust and reliability within the community. As a mutual benefit organization, Clark Mutual Insurance Company focuses on the collective interests of its policyholders, ensuring that the needs of its customers are met with great care and attention.
This information is meant to be a general summary of Clark 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $64,545
- Program Service Revenue: $488,142
- Gross Receipts: $559,967
Assets and Liabilities:
- Total Assets: $1,950,137
- Total Liabilities: $209,187
- Net Assets: $1,740,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM REVENUE
Revenue
$531,103
CHANGE IN UNEARNED PREMIUM
Revenue
-$42,961
Organization Details
Founding Year
1881
Principal Officer
Amanda Ross
NTEE Category
Code: Y20 - Mutual benefit
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