Overview
What is New Deal Reinsurance Co Ltd?
New Deal Reinsurance Co Ltd is a tax-exempt insurance company situated in El Paso, Texas, operating under section 501(c)15. This organization serves as an insurance provider, utilizing its unique tax-exempt status to fulfill its mission. The specifics of its activities or services in the insurance sector are not provided in the information, but it is identified as an entity under the aforementioned tax exemption category.
Is New Deal Reinsurance Co Ltd legitimate?
New Deal Reinsurance Co Ltd is a legitimate nonprofit organization registered as a 501(c)(15) entity. New Deal Reinsurance Co Ltd 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: $0
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What is the mission statement of New Deal Reinsurance Co Ltd?
New Deal Reinsurance Co Ltd is a tax-exempt insurance company, operating under section 501(c)15. Its mission, in simple terms, is to serve as an insurance provider, operating under the specific tax-exempt status granted by the IRS. While the provided information is brief, it suggests that New Deal Reinsurance Co Ltd is committed to providing insurance services within the parameters of its tax-exempt status. It's important to note that the specific services or beneficiaries of this company are not detailed in the provided information.
Who is the CEO of New Deal Reinsurance Co Ltd?
Juanita Falvey is the President of New Deal Reinsurance Co Ltd.
What is the revenue of New Deal Reinsurance Co Ltd?
New Deal Reinsurance Co Ltd's revenue in 2021 was $0.
Who are the executives of New Deal Reinsurance Co Ltd and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Deal Reinsurance Co Ltd?
New Deal Reinsurance Co Ltd's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of New Deal Reinsurance Co Ltd
New Deal Reinsurance Co Ltd, as a tax-exempt insurance company under Section 501(c)15, operates with a specific mission. This mission, in simple terms, is to function as an insurance provider. However, it's more than just providing insurance services. New Deal Reinsurance Co Ltd is uniquely categorized under Section 501(c)15, which implies a charitable purpose that is connected to the insurance sector. This mission statement suggests that the company may contribute to the larger societal good through its insurance operations. While the details of this charitable purpose are not explicitly stated in the information provided, it can be inferred that New Deal Reinsurance Co Ltd operates with a sense of social responsibility, beyond just generating profits.
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Impact
October, 2024
New Deal Reinsurance Co Ltd plays a significant role in the insurance landscape of El Paso, Texas, providing essential services that support the local community. By operating as a tax-exempt insurance company, it focuses on delivering mutual benefits, catering to the needs of its policyholders while maintaining a mission centered around community support and financial protection.
This organization helps stabilize the insurance market in the region, ensuring that individuals and businesses have access to reliable coverage options. Its presence contributes to economic resilience by offering a safety net that mitigates risks and fosters confidence among residents and entrepreneurs. Furthermore, New Deal Reinsurance's commitment to mutual benefit underscores its dedication to serving the interests of its policyholders, strengthening community ties and promoting collective well-being.
Through its operations, New Deal Reinsurance not only addresses insurance needs but also enhances the overall quality of life in El Paso by supporting local initiatives and contributing to the broader social welfare objectives in the area.
This information is meant to be a general summary of New Deal Reinsurance Co Ltd. 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 2021.
Assets and Liabilities:
- Total Assets: $2,158,071
- Total Liabilities: $0
- Net Assets: $2,158,071
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Organization Details
Founding Year
1994
Phone
(915) 778-9230Principal Officer
Juanita Falvey
Main Address
7130 GATEWAY BLVD, EL PASO, TX, 79915
NTEE Category
Code: Y20 - Mutual benefit
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