Overview
What is Lutheran Fire & Lightning Insurance Mcmillin?
Lutheran Fire & Lightning Insurance Mcmillin is a modest nonprofit organization, headquartered in Purdy, Missouri. Its primary mission, as outlined by Missouri state statutes, is to provide fire and wind insurance to its mutual insurance members. As a mutual company, this means that its members collectively own and manage the organization. With a modest workforce of one employee, Lutheran Fire & Lightning Insurance Mcmillin continues to serve its members with dedication and commitment.
Is Lutheran Fire & Lightning Insurance Mcmillin legitimate?
Lutheran Fire & Lightning Insurance Mcmillin is a legitimate nonprofit organization registered as a 501(c)(15) entity. Lutheran Fire & Lightning Insurance Mcmillin 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: $15,600
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What is the mission statement of Lutheran Fire & Lightning Insurance Mcmillin?
Lutheran Fire & Lightning Insurance Mcmillin, as a mutual insurance company, is committed to providing fire and wind insurance services to its members, as outlined in Missouri state statutes. This organization operates with a focus on mutuality, ensuring that its policies and operations are in the best interest of its members. The company's primary mission is to offer reliable fire and wind insurance coverage, reflecting its dedication to safeguarding the assets and well-being of its members.
Who is the CEO of Lutheran Fire & Lightning Insurance Mcmillin?
Mark Mcmillin is the Member of Lutheran Fire & Lightning Insurance Mcmillin.
What is the revenue of Lutheran Fire & Lightning Insurance Mcmillin?
Lutheran Fire & Lightning Insurance Mcmillin's revenue in 2022 was $336,495.
Who are the executives of Lutheran Fire & Lightning Insurance Mcmillin and what are their salaries?
The average compensation at Lutheran Fire & Lightning Insurance Mcmillin during 2022 was $15,600. There is 1 employee at Lutheran Fire & Lightning Insurance Mcmillin.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lutheran Fire & Lightning Insurance Mcmillin?
Lutheran Fire & Lightning Insurance Mcmillin's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lutheran Fire & Lightning Insurance Mcmillin
Lutheran Fire & Lightning Insurance McMillin, as a mutual company, is committed to providing fire and wind insurance to its members, following the guidelines set forth by Missouri state statutes. This mission is centered around ensuring the financial protection of its members in the event of damage caused by natural disasters such as fires and strong winds. As a mutual organization, the company is owned and operated by its members, fostering a sense of community and shared responsibility among its policyholders.
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Impact
October, 2024
Lutheran Fire & Lightning Insurance Mcmillin plays a crucial role in providing essential fire and wind insurance to its mutual insurance members in Purdy, Missouri. By offering these vital insurance services, it helps protect members from potential financial losses resulting from natural disasters, thereby enhancing their resilience and security. As a mutual company, it fosters a sense of community and shared responsibility among its members, ensuring that resources are pooled for the collective benefit of all insured parties. This model not only aids in risk management but also strengthens community ties, as members support one another through shared coverage and mutual aid.
This information is meant to be a general summary of Lutheran Fire & Lightning Insurance Mcmillin. 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: $43,082
- Program Service Revenue: $293,413
- Gross Receipts: $773,807
Assets and Liabilities:
- Total Assets: $1,850,615
- Total Liabilities: $130,957
- Net Assets: $1,719,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUM
Revenue
$292,791
SERVICE CHARGES
Revenue
$421
MISCELLANEOUS INCOME
Revenue
$201
Organization Details
Phone
(417) 442-7563Principal Officer
Mark Mcmillin
Main Address
PO BOX 67, PURDY, MO, 65734
NTEE Category
Code: Y20 - Mutual benefit
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