Overview
What is Highland Mutual Fire Insurance?
Highland Mutual Fire Insurance is a nonprofit organization situated in Monterey, Virginia, specifically at 8171 Mill Gap Road. Their primary mission is to offer fire insurance protection to the residents of Highland County. The organization has successfully benefited around 350 individuals in the area. With a modest workforce of just two employees, Highland Mutual Fire Insurance plays a crucial role in safeguarding the property of its community members against fire-related incidents.
Is Highland Mutual Fire Insurance legitimate?
Highland Mutual Fire Insurance is a legitimate nonprofit organization registered as a 501(c)(15) entity. Highland Mutual Fire Insurance 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: $4,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000
For more financial information, click here
What is the mission statement of Highland Mutual Fire Insurance?
Highland Mutual Fire Insurance is dedicated to offering fire insurance protection to its clientele. Its primary objective is to safeguard the properties of residents in Highland County, Virginia. The company's mission can be summarized as serving its community by providing reliable fire insurance services. Approximately 350 individuals have benefited from these services thus far. The organization's actions reflect a commitment to protecting homes and businesses from potential fire damage.
Who is the CEO of Highland Mutual Fire Insurance?
Nancy Vance is the President of Highland Mutual Fire Insurance.
What is the revenue of Highland Mutual Fire Insurance?
Highland Mutual Fire Insurance's revenue in 2022 was $207,972.
Who are the executives of Highland Mutual Fire Insurance and what are their salaries?
The average compensation at Highland Mutual Fire Insurance during 2022 was $5,025. There are 2 employees at Highland Mutual Fire Insurance.
Here are 7 key members and their salaries:
- Compensation: $2,400
- Related: $0
- Other: $300
- Compensation: $0
- Related: $0
- Other: $225
- Compensation: $0
- Related: $0
- Other: $300
- Compensation: $0
- Related: $0
- Other: $225
- Compensation: $0
- Related: $0
- Other: $300
- Compensation: $0
- Related: $0
- Other: $75
- Compensation: $0
- Related: $0
- Other: $225
Where can I find the form 990 for Highland Mutual Fire Insurance?
Highland Mutual Fire Insurance's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highland Mutual Fire Insurance
Highland Mutual Fire Insurance is committed to offering fire insurance protection to the residents of Highland County, Virginia. This nonprofit organization's primary mission is to provide a safety net against the potential devastation caused by fire incidents. By offering fire insurance, Highland Mutual Fire Insurance plays a crucial role in safeguarding the homes and properties of its beneficiaries, ensuring peace of mind and financial security in the face of unforeseen circumstances. Approximately 350 individuals in Highland County have benefitted from this vital service, demonstrating the organization's significance in the community.
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Impact
October, 2024
Highland Mutual Fire Insurance plays a crucial role in enhancing the safety and security of residents in Highland County, Virginia, by providing essential fire insurance coverage. With a focus on protecting the community, approximately 350 individuals benefit from the peace of mind that comes with having reliable fire insurance. This support is particularly vital in a region where the risk of fire can significantly impact homes and livelihoods. By ensuring residents can safeguard their properties, Highland Mutual Fire Insurance fosters resilience and community cohesion in Monterey, Virginia, promoting overall stability in the area.
This information is meant to be a general summary of Highland Mutual Fire Insurance. 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 2022.
- Investment Income: $5,642
- Program Service Revenue: $202,330
- Gross Receipts: $207,972
Assets and Liabilities:
- Total Assets: $557,263
- Total Liabilities: $0
- Net Assets: $557,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance Premiums
Revenue
$77,330
Reinsured loss receipts
Revenue
$125,000
Organization Details
Founding Year
1916
Phone
(540) 499-2700Principal Officer
Nancy Vance
Main Address
8171 Mill Gap Road, Monterey, VA, 24465
NTEE Category
Code: Y20 - Mutual benefit
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