Overview
What is German Farmers Mutual Assessment?
German Farmers Mutual Assessment is a nonprofit organization located at 151 Tilden Road, Cairo, NE 68824. With a mission to provide fire, windstorm, and extended insurance coverage, their primary focus is on protecting primarily farm real and personal property in Hall and adjacent counties in Nebraska. Serving approximately 2,591 policy holders, they have an insurance force of over 604 million dollars. The organization is managed by a team of nine individuals.
Is German Farmers Mutual Assessment legitimate?
German Farmers Mutual Assessment is a legitimate nonprofit organization registered as a 501(c)(15) entity. German Farmers Mutual Assessment 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: $141,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,773
For more financial information, click here
What is the mission statement of German Farmers Mutual Assessment?
The German Farmers Mutual Assessment's primary mission is to offer comprehensive insurance coverage, specifically focusing on fire, windstorm, and extended protection for agricultural real and personal property. This service is primarily catered to residents in Hall County and its adjacent areas in Nebraska. The organization aims to safeguard the assets of its 2,591 estimated policyholders, ensuring financial security in case of unforeseen events.
Who is the CEO of German Farmers Mutual Assessment?
Craig Harders is the Secretary of German Farmers Mutual Assessment.
What is the revenue of German Farmers Mutual Assessment?
German Farmers Mutual Assessment's revenue in 2022 was $3,486,187.
Who are the executives of German Farmers Mutual Assessment and what are their salaries?
The average compensation at German Farmers Mutual Assessment during 2022 was $24,163. There are 9 employees at German Farmers Mutual Assessment.
Here are 15 key members and their salaries:
- Compensation: $60,600
- Related: $0
- Other: $0
- Compensation: $35,012
- Related: $0
- Other: $0
- Compensation: $31,680
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for German Farmers Mutual Assessment?
German Farmers Mutual Assessment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of German Farmers Mutual Assessment
German Farmers Mutual Assessment is an organization dedicated to providing essential insurance coverage to primarily farm real and personal property in Hall County and its surrounding areas in Nebraska. Their mission is centered around offering fire, windstorm, and extended insurance coverage to a substantial number of policyholders, estimated to be approximately 2,591. The organization's insurance force totals over 604 million dollars, indicating its significant role in safeguarding the assets of farmers in the region. By providing this insurance coverage, German Farmers Mutual Assessment plays a crucial role in ensuring the financial security and peace of mind of the farming community in Nebraska.
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Impact
October, 2024
German Farmers Mutual Assessment provides critical fire, windstorm, and extended insurance coverage for farm real and personal property in Hall and adjacent counties in Nebraska. By serving approximately 2,591 policyholders and maintaining over $604 million in insurance in force, it significantly enhances the financial security of local farmers. This protection helps mitigate risks associated with agricultural activities, enabling farmers to recover from losses caused by natural disasters and ultimately contributing to the stability and sustainability of the agricultural sector in the region. The mutual benefit model fosters a sense of community, as policyholders not only receive insurance but also support one another in times of need, reinforcing local resilience and cooperation.
This information is meant to be a general summary of German Farmers Mutual Assessment. 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: $4,755
- Program Service Revenue: $3,270,608
- Gross Receipts: $3,486,187
Assets and Liabilities:
- Total Assets: $1,501,446
- Total Liabilities: $0
- Net Assets: $1,501,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS (ASSESSMENTS)
Revenue
$3,268,848
POLICY FEES
Revenue
$1,760
Organization Details
Founding Year
1892
Phone
(308) 485-4601Principal Officer
Craig Harders
Main Address
151 TILDEN RD, CAIRO, NE, 68824
NTEE Category
Code: Y20 - Mutual benefit
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