Washington County Mutual Ins Co

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

EIN: 470328550 ✦ Blair, NE ✦ Designated as a 501(c)(15)

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Overview

What is Washington County Mutual Ins Co?

Washington County Mutual Ins Co is a mutual insurance company, specifically based in Blair, Nebraska, with an address at 1664 Washington Street. This organization primarily offers insurance coverage for Washington County and its surrounding areas. As a mutual insurance company, it focuses on insuring risks other than life, operating with a mission to provide financial protection and security to its members. Currently, the company employs a team of two individuals.

Is Washington County Mutual Ins Co legitimate?

Washington County Mutual Ins Co is a legitimate nonprofit organization registered as a 501(c)(15) entity. Washington County Mutual Ins Co 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: $31,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Washington County Mutual Ins Co?

Washington County Mutual Insurance Company's primary mission is focused on insuring risks beyond life. As a mutual organization, it aims to provide insurance coverage to individuals and entities in Washington County and its surrounding areas. The company's mission is centered around protecting its clients from various non-life risks, ensuring financial security and peace of mind. The organization operates with a mutual approach, which means that its policyholders are also its owners, sharing in the profits or losses of the company. Washington County Mutual Ins Co is committed to delivering reliable insurance solutions, contributing to the financial well-being of its members.

Who is the CEO of Washington County Mutual Ins Co?

Robert Petersen is the President of Washington County Mutual Ins Co.

What is the revenue of Washington County Mutual Ins Co?

Washington County Mutual Ins Co's revenue in 2022 was $231,221.

Who are the executives of Washington County Mutual Ins Co and what are their salaries?

The average compensation at Washington County Mutual Ins Co during 2022 was $15,765. There are 2 employees at Washington County Mutual Ins Co.


Here are 10 key members and their salaries:


Rose Marie Brummer (Secretarytreasurer)
  • Compensation: $29,150
  • Related: $5,000
  • Other: $0
Daniel Magill (Vice President)
  • Compensation: $2,400
  • Related: $0
  • Other: $0
Robert Petersen (President)
  • Compensation: $500
  • Related: $0
  • Other: $0
Jeffrey Quist (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Kenneth Petersen (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Brian Larsen (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Gary Wachter (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
James Anderson (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Wesley Andersen (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Ronald Wulf (Director)
  • Compensation: $100
  • Related: $0
  • Other: $0
Where can I find the form 990 for Washington County Mutual Ins Co?

Washington County Mutual Ins Co's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Washington County Mutual Ins Co

Washington County Mutual Ins Co, as a mutual insurance company, is dedicated to providing coverage for risks other than life. In simpler terms, this organization serves the purpose of safeguarding individuals and entities against various non-life related threats through insurance policies. Their mission is centered around offering comprehensive insurance solutions to the residents of Washington County and its surrounding areas.

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Impact




October, 2024

Washington County Mutual Ins Co plays a significant role in providing insurance coverage for various risks within Washington County and its neighboring areas. By offering mutual insurance services specifically tailored to non-life risks, the company ensures that individuals and businesses in the region have access to essential financial protection. This not only fosters a greater sense of security among community members but also contributes to the overall stability of the local economy. The company’s mission centers around mutual benefit, highlighting its commitment to serving the interests of its policyholders and supporting community resilience. Through its operations, Washington County Mutual Ins Co helps mitigate the financial impacts of unforeseen events, ultimately enhancing the quality of life for those it serves in Blair, NE, and surrounding counties.




This information is meant to be a general summary of Washington County Mutual Ins Co. 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
$231,221 (2022)
Expenses
$234,491 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,045
  • Program Service Revenue: $223,176
  • Gross Receipts: $231,221

Assets and Liabilities:

  • Total Assets: $412,758
  • Total Liabilities: $4,139
  • Net Assets: $408,619

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Organization Details

Founding Year

1892

Principal Officer

Robert Petersen

Main Address

1664 Washington Street, Blair, NE, 68008

NTEE Category

Code: Y20 - Mutual benefit

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