Overview
What is Forest Green Farmers Mutual Insurance Company?
Forest Green Farmers Mutual Insurance Company is a Chapter 380 mutual insurance organization, serving a community of 465 policyholders. Their primary objective is to offer comprehensive insurance coverage, including protection against fire, wind, and extended risks, as well as liability coverage for policyholders' legitimate claims. The company also manages reinsurance expenses related to these coverages. In 2022, they successfully paid out net claims, demonstrating their commitment to their policyholders.
Official website here: www.forestgreenfarmersmutual.com
Is Forest Green Farmers Mutual Insurance Company legitimate?
Forest Green Farmers Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Forest Green Farmers 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: $2,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,878
For more financial information, click here
Official website here: www.forestgreenfarmersmutual.com
What is the mission statement of Forest Green Farmers Mutual Insurance Company?
Forest Green Farmers Mutual Insurance Company's mission is centered around providing insurance coverage. Specifically, they offer protection against fire, wind, and extended coverages, as well as reinsured liability for policyholders' valid claims. As a mutual insurance company, they aim to serve their 465 policyholders effectively, with a focus on settling claims and managing reinsurance expenses. Their operations in 2022 reflect their commitment to this mission, with a notable amount spent on net claims paid.
Official website here: www.forestgreenfarmersmutual.com
Who is the CEO of Forest Green Farmers Mutual Insurance Company?
Debbie Imgarten is the Manager & Agent of Forest Green Farmers Mutual Insurance Company.
Official website here: www.forestgreenfarmersmutual.com
What is the revenue of Forest Green Farmers Mutual Insurance Company?
Forest Green Farmers Mutual Insurance Company's revenue in 2022 was $586,732.
Official website here: www.forestgreenfarmersmutual.com
Who are the executives of Forest Green Farmers Mutual Insurance Company and what are their salaries?
The average compensation at Forest Green Farmers Mutual Insurance Company during 2022 was $45,481. There are 3 employees at Forest Green Farmers Mutual Insurance Company.
Here are 7 key members and their salaries:
- Compensation: $105,896
- Related: $0
- Other: $0
- Compensation: $25,402
- Related: $0
- Other: $0
- Compensation: $3,120
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $540
- Compensation: $0
- Related: $0
- Other: $540
- Compensation: $0
- Related: $0
- Other: $540
- Compensation: $0
- Related: $0
- Other: $405
Official website here: www.forestgreenfarmersmutual.com
Where can I find the form 990 for Forest Green Farmers Mutual Insurance Company?
Forest Green Farmers Mutual Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forestgreenfarmersmutual.com
Learn more at the official website: www.forestgreenfarmersmutual.com
Mission Statement of Forest Green Farmers Mutual Insurance Company
Forest Green Farmers Mutual Insurance Company, as a Chapter 380 mutual insurance company, is devoted to protecting its 465 policyholders. Their mission revolves around providing insurance coverage for various perils, including fire, wind, and extended coverages, as well as reinsured liability for valid claims. This mission serves to safeguard the interests of their policyholders, offering them peace of mind during times of potential loss. The company's programs also encompass reinsurance expenses for fire, windstorm, extended coverages, and liability coverages, further emphasizing their commitment to ensuring financial security for their clients. In the year 2022, Forest Green Farmers Mutual Insurance Company successfully paid out net claims, demonstrating their efficiency and reliability in fulfilling their mission.
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Impact
October, 2024
Forest Green Farmers Mutual Insurance Company plays a vital role in safeguarding the financial well-being of its community in Salisbury, MO. By offering insurance coverage for fire, wind, extended perils, and liability claims, the company ensures that its 465 policyholders are protected against unforeseen disasters. This protection not only alleviates the financial burden on individuals and families affected by losses but also contributes to community resilience.
The company's commitment to providing reliable insurance solutions fosters a sense of security among policyholders, allowing them to pursue their daily lives and businesses with confidence. In 2022, the company facilitated the payment of net claims, further demonstrating its dedication to supporting policyholders in times of need. Through these efforts, Forest Green Farmers Mutual Insurance Company reinforces its mission of mutual benefit, creating a strong safety net that helps stabilize the local economy while promoting peace of mind for its members.
This information is meant to be a general summary of Forest Green Farmers 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 2022.
- Investment Income: $36,124
- Program Service Revenue: $550,608
- Gross Receipts: $586,732
Assets and Liabilities:
- Total Assets: $2,139,952
- Total Liabilities: $421,675
- Net Assets: $1,718,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Policyholder Premium
Revenue
$550,608
Organization Details
Founding Year
1927
Phone
(660) 676-6177Principal Officer
Debbie Imgarten
Main Address
1217 S Maple Ave, Salisbury, MO, 65281
NTEE Category
Code: Y20 - Mutual benefit
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