Overview
What is Farmers Mutual Ins Co Livingston?
Farmers Mutual Ins Co Livingston is a mutual insurance company situated in Chillicothe, Missouri. With just two employees, this organization provides property and casualty insurance coverage to its members, safeguarding them against fire and wind-related hazards within the local area, as permitted by the operating law. The company's primary objective is to insure the property of its members, ensuring financial protection in times of need.
Is Farmers Mutual Ins Co Livingston legitimate?
Farmers Mutual Ins Co Livingston is a legitimate nonprofit organization registered as a 501(c)(15) entity. Farmers Mutual Ins Co Livingston 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,665
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What is the mission statement of Farmers Mutual Ins Co Livingston?
Farmers Mutual Ins Co, in its mission, is organized to provide property and casualty insurance coverage for its members against hazards permitted by the law under which it operates. The company's primary activity is to insure the property of its members against potential risks such as fire and wind. This mutual insurance company operates with the goal of safeguarding the assets of its policyholders in the surrounding area, ensuring financial security in the face of unforeseen circumstances.
Who is the CEO of Farmers Mutual Ins Co Livingston?
Gordon Jones is the President of Farmers Mutual Ins Co Livingston.
What is the revenue of Farmers Mutual Ins Co Livingston?
Farmers Mutual Ins Co Livingston's revenue in 2022 was $472,864.
Who are the executives of Farmers Mutual Ins Co Livingston and what are their salaries?
The average compensation at Farmers Mutual Ins Co Livingston during 2022 was $57,332. There are 2 employees at Farmers Mutual Ins Co Livingston.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Farmers Mutual Ins Co Livingston?
Farmers Mutual Ins Co Livingston's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farmers Mutual Ins Co Livingston
Farmers Mutual Ins Co, a mutual insurance company, is organized with a mission to insure the property of its members against various hazards permissible by the law under which it operates. In simpler terms, this company provides property and casualty insurance coverage for its policyholders, shielding them from potential perils such as fire and wind damage. By doing so, Farmers Mutual Ins Co plays a crucial role in safeguarding the assets of its members, ensuring peace of mind and financial security.
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Impact
October, 2024
Farmers Mutual Insurance Company of Livingston plays a crucial role in enhancing the financial security of its policyholders by offering property and casualty insurance coverage specifically designed to protect against risks such as fire and wind. Located in Chillicothe, Missouri, the company serves the surrounding area, providing essential support to local residents and businesses.
By focusing on mutual benefit, it fosters a sense of community among policyholders, ensuring they are safeguarded against potential hazards while encouraging shared support among members. This impact extends beyond just financial protection; it contributes to the overall resilience of the community, allowing individuals and families to recover from losses and maintain stability in the face of unforeseen events. The company’s mission to insure property against legal hazards instills confidence and peace of mind in its members, promoting a healthier and more secure living environment.
This information is meant to be a general summary of Farmers Mutual Ins Co Livingston. 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: $37,501
- Program Service Revenue: $394,387
- Gross Receipts: $785,446
Assets and Liabilities:
- Total Assets: $1,629,235
- Total Liabilities: $248,930
- Net Assets: $1,380,305
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$394,387
Organization Details
Founding Year
1889
Phone
(660) 646-1700Principal Officer
Gordon Jones
Main Address
821 N WASHINGTON ST PO BOX 735, CHILLICOTHE, MO, 64601
NTEE Category
Code: Y20 - Mutual benefit
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