Missouri Association Of Mutual Insurance Companies

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

EIN: 510241635 ✦ Columbia, MO ✦ Designated as a 501(c)(6)

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Overview

What is Missouri Association Of Mutual Insurance Companies?

Missouri Association of Mutual Insurance Companies is a nonprofit organization situated in Columbia, Missouri. Their primary focus is the education and development of their members, with schools dedicated to various insurance-related areas such as claim control, agents, office personnel, directors, adjusters, inspectors, and management. Their mission is to assist their membership in effectively catering to the evolving insurance needs of the public in a dynamic financial services environment. Their success is gauged by the financial stability and longevity of their membership. With a team of three dedicated professionals, they strive to uphold and advance the mutual insurance industry.

Is Missouri Association Of Mutual Insurance Companies legitimate?

Missouri Association Of Mutual Insurance Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. Missouri Association Of Mutual Insurance Companies 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: $139,714
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Missouri Association Of Mutual Insurance Companies?

The Missouri Association of Mutual Insurance Companies has a mission to support its membership in meeting the evolving insurance needs of the public effectively in a financially stable environment. Their success is measured by the longevity and growth of their member companies. The association provides educational resources to its members in various areas, including claim control, agents, office personnel, directors, adjusters, inspectors, and management, to help them navigate the dynamic financial services industry.

Who is the CEO of Missouri Association Of Mutual Insurance Companies?

Chris Kespohl is the President/General Manager of Missouri Association Of Mutual Insurance Companies.

What is the revenue of Missouri Association Of Mutual Insurance Companies?

Missouri Association Of Mutual Insurance Companies's revenue in 2022 was $471,354.

Who are the executives of Missouri Association Of Mutual Insurance Companies and what are their salaries?

The average compensation at Missouri Association Of Mutual Insurance Companies during 2022 was $46,571. There are 3 employees at Missouri Association Of Mutual Insurance Companies.


Here are 13 key members and their salaries:


Chris Kespohl (President/General Manager)
  • Compensation: $105,500
  • Related: $0
  • Other: $0
Jimmy Carter (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian King (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Wagner (Chairman Elect/ Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Stewart (Vice-Charman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Fries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Wilkens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Simmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobbette Tucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Spire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Cochran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Missouri Association Of Mutual Insurance Companies?

Missouri Association Of Mutual Insurance Companies's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Missouri Association Of Mutual Insurance Companies

The Missouri Association of Mutual Insurance Companies, an organization within the insurance industry, is committed to supporting its membership in fulfilling the evolving insurance needs of the public in a dynamic financial services environment. Their success is quantified by the financial stability and enduring existence of their members. In line with their mission, they operate educational schools aimed at benefiting their members, focusing on various aspects such as claim control, agents, office personnel, directors, adjusters, inspectors, and management. These educational initiatives are instrumental in equipping their members with the necessary skills and knowledge to navigate the ever-changing landscape of the insurance industry.

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Impact




October, 2024

The Missouri Association of Mutual Insurance Companies (MAMIC) plays a crucial role in enhancing the insurance industry within the state. By providing educational opportunities tailored to various stakeholders—such as claims personnel, agents, directors, and management—the association equips its members with essential knowledge and skills. This focus on continual education fosters professionalism and adaptability in an ever-evolving financial landscape.

MAMIC's mission centers on supporting its membership to effectively meet the changing insurance needs of the public. Their initiatives help ensure financial stability and longevity for member organizations, directly impacting the reliability of insurance services available in the community. This commitment not only aids individual member companies but also contributes to a healthier overall insurance marketplace, ultimately benefiting consumers through better service and enhanced risk management.

Through its efforts, MAMIC bolsters community improvement by ensuring that insurance providers are well-prepared to meet the challenges of a dynamic environment, promoting a culture of growth and resilience in the industry.




This information is meant to be a general summary of Missouri Association Of Mutual Insurance Companies. 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
$471,354 (2022)
Expenses
$439,544 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,282
  • Program Service Revenue: $451,072
  • Gross Receipts: $471,354

Assets and Liabilities:

  • Total Assets: $1,000,714
  • Total Liabilities: $2,351
  • Net Assets: $998,363

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Programs

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

FORMS

Revenue

$176,384

INSURANCE INDUSTRY PRO

Revenue

$93,973

Organization Details

Founding Year

1977

Principal Officer

Chris Kespohl

Main Address

1103 EAST WALNUT STREET, COLUMBIA, MO, 65201

NTEE Category

Code: S41 - Community improvement

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