Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties

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

EIN: 430624680 ✦ Milan, MO ✦ Designated as a 501(c)(15)

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Overview

What is Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

Farmers Mutual Insurance Company of Sullivan & Adjoining Counties is a small-scale insurance provider, based in Milan, Missouri, specifically at 115 South Market Street, with a workforce of only two individuals. Established in Sullivan County, it extends its services to neighboring counties within Missouri. The company's primary mission is to offer property and casualty insurance coverage to the residents of these areas, focusing on protecting them against perils such as fire, wind, and casualty incidents.


Official website here: www.fmsulco@nemr.net

What do the Facebook reviews say about Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

98% of 72 reviewers on Facebook recommend Farmers Mutual Insurance Company of Sullivan & Adjoining Counties. Here's a summary of their reviews:

Many users highlight the fantastic service provided by the company, showcasing a strong appreciation for the assistance and professionalism they received. Customers often mention feeling supported and valued, which contributes to a positive overall experience with the nonprofit.

Overall, the sentiment towards Farmers Mutual Insurance Company is overwhelmingly positive, indicating that they are successfully meeting the needs and expectations of their clients. The praise for their service suggests that they truly deliver on their promises, reinforcing their strong reputation within the community.


This AI summary has been generated from reviews found on Facebook.

Is Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties legitimate?

Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties is a legitimate nonprofit organization registered as a 501(c)(15) entity. Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties 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: $84,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,353

For more financial information, click here


Official website here: www.fmsulco@nemr.net

What is the mission statement of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

The Farmers Mutual Insurance Company of Sullivan & Adjoining Counties is dedicated to providing property and casualty insurance coverage. This mission is directed towards the residents living in Sullivan County and its surrounding areas. The company's primary focus is to offer protection against perils such as fire, wind, and casualty incidents. By doing so, the company aims to safeguard the interests of its policyholders, ensuring peace of mind in the face of potential risks.


Official website here: www.fmsulco@nemr.net

Who is the CEO of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

Melvin Hall is the President/Director of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties.


Official website here: www.fmsulco@nemr.net

What is the revenue of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties's revenue in 2022 was $295,968.


Official website here: www.fmsulco@nemr.net

Who are the executives of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties and what are their salaries?

The average compensation at Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties during 2022 was $50,467. There are 2 employees at Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties.


Here are 9 key members and their salaries:


Melvin Hall (President/Director)
  • Compensation: $7,008
  • Related: $0
  • Other: $0
Carol E Mino (Secretary/Treasurer/Direct)
  • Compensation: $48,932
  • Related: $0
  • Other: $0
David Lentz (Vice-President/Director)
  • Compensation: $9,376
  • Related: $0
  • Other: $0
Robert Williams (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
John Mino (Director)
  • Compensation: $7,897
  • Related: $0
  • Other: $0
Kenny Broyles (Director)
  • Compensation: $300
  • Related: $0
  • Other: $0
Daniel Lentz (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Darrin Embree (Director)
  • Compensation: $500
  • Related: $0
  • Other: $0
Randy Kincanon (Director)
  • Compensation: $9,569
  • Related: $0
  • Other: $0


Official website here: www.fmsulco@nemr.net

Where can I find the form 990 for Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties?

Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fmsulco@nemr.net

Learn more at the official website: www.fmsulco@nemr.net

Mission Statement of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties

Farmers Mutual Insurance Company of Sullivan & Adjoining Counties is dedicated to providing property and casualty insurance to the residents of Sullivan County and its surrounding areas. The company's mission is to extend insurance coverage primarily for perils such as fire, wind, and casualty, ensuring the protection of its clients' assets and well-being. The organization is authorized to operate in Sullivan County and all adjacent counties within the state of Missouri, demonstrating its commitment to serving the local community. By offering insurance coverage, Farmers Mutual Insurance Company of Sullivan & Adjoining Counties plays a crucial role in safeguarding the financial security of its clients, providing peace of mind during times of unforeseen incidents.

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Impact




October, 2024

Farmers Mutual Insurance Company of Sullivan & Adjoining Counties plays a crucial role in providing financial security and peace of mind to residents in Sullivan and the adjacent counties in Missouri. By offering property and casualty insurance, the company safeguards homeowners and businesses against risks associated with fire, wind, and other perils. This coverage not only protects individuals' assets but also contributes to the overall stability of the local economy.

The presence of such an insurance provider encourages community resilience by enabling residents to recover from losses more swiftly, thus fostering a sense of security and stability within the community. The trust built through mutual benefit ensures that residents feel supported in times of need, promoting stronger community ties and enhancing the quality of life in the region. Additionally, by focusing on local needs and concerns, the company strengthens its commitment to regional development and empowers individuals to invest in their properties with confidence.




This information is meant to be a general summary of Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties. 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
$295,968 (2022)
Expenses
$324,728 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,994
  • Program Service Revenue: $280,928
  • Gross Receipts: $295,968

Assets and Liabilities:

  • Total Assets: $943,332
  • Total Liabilities: $143,939
  • Net Assets: $799,393

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Programs

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

INSURANCE PREM - DIREC

Revenue

$276,444

REINSURANCE COMMISSION

Revenue

$4,484

Organization Details

Founding Year

1896

Principal Officer

Melvin Hall

Main Address

115 SOUTH MARKET STREET, MILAN, MO, 63556

NTEE Category

Code: Y20 - Mutual benefit

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