Mutual Ins Co Of Saline & Seward Counties

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

EIN: 470246505 ✦ Crete, NE ✦ Designated as a 501(c)(15)

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Overview

What is Mutual Ins Co Of Saline & Seward Counties?

Mutual Ins Co Of Saline & Seward Counties is a small, Nebraska-based insurance company with a focus on property insurance. Headquartered in Crete, the company writes policies to protect the properties of its insured clients. In addition to property insurance, they also offer liability coverage for their clients. The company handles loss adjustments and maintains meticulous bookkeeping to manage its operations effectively. With a workforce of only two individuals, Mutual Ins Co Of Saline & Seward Counties is committed to providing insurance services to its clients in Nebraska.

Is Mutual Ins Co Of Saline & Seward Counties legitimate?

Mutual Ins Co Of Saline & Seward Counties is a legitimate nonprofit organization registered as a 501(c)(15) entity. Mutual Ins Co Of Saline & Seward 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,288

For more financial information, click here

What is the mission statement of Mutual Ins Co Of Saline & Seward Counties?

Mutual Ins Co Of Saline & Seward Counties is dedicated to protecting the properties of its insured clients. The company's primary activities involve writing insurance policies, adjusting losses, and managing financial records. Their mission can be summarized as providing property insurance coverage to their clients, processing claims when necessary, and maintaining accurate financial records. In addition, they have a partnership with Nebraska Farmers Mutual Reinsurance Association (NFMRA) for reinsurance purposes in 2021.

Who is the CEO of Mutual Ins Co Of Saline & Seward Counties?

Jim Krejci is the President of Mutual Ins Co Of Saline & Seward Counties.

What is the revenue of Mutual Ins Co Of Saline & Seward Counties?

Mutual Ins Co Of Saline & Seward Counties's revenue in 2022 was $839,774.

Who are the executives of Mutual Ins Co Of Saline & Seward Counties and what are their salaries?

The average compensation at Mutual Ins Co Of Saline & Seward Counties during 2022 was $10,644. There are 2 employees at Mutual Ins Co Of Saline & Seward Counties.


Here are 8 key members and their salaries:


Cheryl Retherford (Secretarytreasurer)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Jim Krejci (President)
  • Compensation: $2,500
  • Related: $0
  • Other: $0
Diana Pomajzl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Retherford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Jirsa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Pracheil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Welsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Stahly (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mutual Ins Co Of Saline & Seward Counties?

Mutual Ins Co Of Saline & Seward Counties's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mutual Ins Co Of Saline & Seward Counties

Mutual Ins Co of Saline & Seward Counties, as an insurance company, is dedicated to a mission that encompasses writing property insurance policies for the properties of its insureds, managing losses, and handling bookkeeping tasks. This mission involves creating tailored insurance policies to safeguard the properties of the company's clients, meticulously assessing and addressing any losses that may occur, and effectively managing financial transactions related to premiums and payouts. In addition, the company has a strategic alliance with Nebraska Farmers Mutual Reinsurance Association (NFMRA) in 2021, further strengthening its capacity to provide comprehensive insurance solutions to its clients.

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Impact




October, 2024

Mutual Ins Co Of Saline & Seward Counties plays a crucial role in the community by providing insurance coverage that protects the properties of its insureds. By writing property insurance policies, the company not only safeguards valuable assets but also fosters financial stability for individuals and businesses.

The company’s activities include adjusting losses and maintaining bookkeeping, ensuring that claims are handled efficiently and transparently. Additionally, the provision of liability policy premiums and the management of return premium payments further enhance the financial well-being of its clients.

Affiliated with the Nebraska Farmers Mutual Reinsurance Association (NFMRA), Mutual Ins Co contributes to a broader network of mutual support that strengthens the insurance safety net for its members. Located in Crete, Nebraska, the company is dedicated to serving its local community, emphasizing mutual benefit and commitment to the welfare of its insureds. This focus on protecting assets and providing reliable financial assistance in times of loss underscores the significant impact the company has on the lives of its clients.




This information is meant to be a general summary of Mutual Ins Co Of Saline & Seward 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
$839,774 (2022)
Expenses
$1,029,239 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,411
  • Program Service Revenue: $828,363
  • Gross Receipts: $839,774

Assets and Liabilities:

  • Total Assets: $1,946,819
  • Total Liabilities: $0
  • Net Assets: $1,946,819

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Programs

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

Policy Premiums

Revenue

$428,885

Liability Premiums

Revenue

$15,170

Return Payment Misc

Revenue

$5,477

NFMRA Losses Reimburse

Revenue

$378,831

Organization Details

Founding Year

1890

Principal Officer

Jim Krejci

Main Address

236 County Road 2000, Crete, NE, 68333

NTEE Category

Code: Y20 - Mutual benefit

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