Farmers Mutual Fire Insurance Association Of Seward County

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

EIN: 476027566 ✦ Seward, NE ✦ Designated as a 501(c)(15)

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Overview

What is Farmers Mutual Fire Insurance Association Of Seward County?

Farmers Mutual Fire Insurance Association of Seward County is a nonprofit organization located at 1542 Plainview Avenue, Seward, Nebraska. With a team of three dedicated individuals, their primary mission is to offer property and casualty insurance to their policyholders. The organization's operational expenses and revenue are listed in their respective financial statements. Although the specific programs and services provided by the association are not mentioned in the information, it is clear that they operate in the insurance sector, providing crucial protection to their clients.

Is Farmers Mutual Fire Insurance Association Of Seward County legitimate?

Farmers Mutual Fire Insurance Association Of Seward County is a legitimate nonprofit organization registered as a 501(c)(15) entity. Farmers Mutual Fire Insurance Association Of Seward County 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: $74,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Farmers Mutual Fire Insurance Association Of Seward County?

Farmers Mutual Fire Insurance Association of Seward County's primary mission is to offer property and casualty insurance to its policyholders. This mission is reflected in their day-to-day activities, as evident from their financial reports. The association is committed to providing comprehensive insurance coverage to protect its clients from various risks. Their operations are structured in a way that balances their operating expenses and revenue, ensuring they can deliver on their promise of insurance protection. While their focus is on property and casualty insurance, their dedication lies in offering reliable and comprehensive coverage to their policyholders.

Who is the CEO of Farmers Mutual Fire Insurance Association Of Seward County?

Alan A Hans is the President of Farmers Mutual Fire Insurance Association Of Seward County.

What is the revenue of Farmers Mutual Fire Insurance Association Of Seward County?

Farmers Mutual Fire Insurance Association Of Seward County's revenue in 2022 was $2,147,285.

Who are the executives of Farmers Mutual Fire Insurance Association Of Seward County and what are their salaries?

The average compensation at Farmers Mutual Fire Insurance Association Of Seward County during 2022 was $24,843. There are 3 employees at Farmers Mutual Fire Insurance Association Of Seward County.


Here are 8 key members and their salaries:


Alan A Hans (President)
  • Compensation: $675
  • Related: $0
  • Other: $0
Philip Bangert (Secretary/Tr)
  • Compensation: $51,137
  • Related: $0
  • Other: $0
Jeffrey Sieck (Vice Preside)
  • Compensation: $140
  • Related: $0
  • Other: $0
Thomas L Sieck (Director Age)
  • Compensation: $10,971
  • Related: $0
  • Other: $0
Robert W Menze (Director Age)
  • Compensation: $10,901
  • Related: $0
  • Other: $0
Howard Krieser (Director)
  • Compensation: $295
  • Related: $0
  • Other: $0
Joann Sieck (Director)
  • Compensation: $235
  • Related: $0
  • Other: $0
Steve Woebbecke (Director)
  • Compensation: $175
  • Related: $0
  • Other: $0
Where can I find the form 990 for Farmers Mutual Fire Insurance Association Of Seward County?

Farmers Mutual Fire Insurance Association Of Seward County's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Farmers Mutual Fire Insurance Association Of Seward County

Farmers Mutual Fire Insurance Association of Seward County is dedicated to providing property and casualty insurance services to its policyholders. This mission is evident in their operational structure, as demonstrated by the expenses listed in their Statement of Functional Expenses and the revenue detailed in their Statement of Revenue. The organization's primary focus is on ensuring the protection of its policyholders' assets, offering a range of insurance policies that cater to various needs. By providing property and casualty insurance, Farmers Mutual Fire Insurance Association of Seward County plays a crucial role in offering peace of mind and financial security to its clients.

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Impact




October, 2024

Farmers Mutual Fire Insurance Association of Seward County plays a vital role in the community by providing essential property and casualty insurance services to its policyholders. Based in Seward, Nebraska, the organization focuses on delivering financial protection against various risks, contributing to the economic stability and peace of mind for residents and businesses in the area.

By offering tailored insurance solutions, the association helps safeguard homes, businesses, and personal belongings, thereby promoting resilience within the community. Through its commitment to mutual benefit, policyholders are not only protected against unforeseen losses but also become part of a cooperative model that enhances the overall well-being of the region. The association's operating expenses are carefully managed, ensuring that resources are allocated effectively to maintain strong service standards and support the needs of its members.

In essence, Farmers Mutual Fire Insurance Association of Seward County fosters a sense of community by prioritizing the safety and security of its policyholders, which in turn bolsters the local economy and helps sustain a thriving environment for families and businesses alike.




This information is meant to be a general summary of Farmers Mutual Fire Insurance Association Of Seward County. 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
$2,147,285 (2022)
Expenses
$2,182,078 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,773
  • Program Service Revenue: $2,139,512
  • Gross Receipts: $2,147,285

Assets and Liabilities:

  • Total Assets: $856,415
  • Total Liabilities: $0
  • Net Assets: $856,415

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Programs

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

REINSURANCE RECOVERY

Revenue

$1,708,719

P & C PREMIUM

Revenue

$408,025

LIABILITY PREMIUM

Revenue

$22,768

Organization Details

Founding Year

1885

Principal Officer

Alan A Hans

Main Address

1542 PLAINVIEW AVE, SEWARD, NE, 68434

NTEE Category

Code: Y20 - Mutual benefit

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