Patrons Mutual Fire Insurance Co Of Wv

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

EIN: 550320994 ✦ Point pleasant, WV ✦ Designated as a 501(c)(15)

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Overview

What is Patrons Mutual Fire Insurance Co Of Wv?

Patrons Mutual Fire Insurance Co of WV is a nonprofit organization that specializes in providing insurance services. The company is led by James Perdue and generated a revenue of $13,309 during the previous year. While the specific mission or activities of the organization are not explicitly stated in the provided information, it is clear that they operate within the insurance sector.

Is Patrons Mutual Fire Insurance Co Of Wv legitimate?

Patrons Mutual Fire Insurance Co Of Wv is a legitimate nonprofit organization registered as a 501(c)(15) entity. Patrons Mutual Fire Insurance Co Of Wv 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: $10,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Patrons Mutual Fire Insurance Co Of Wv?

Patrons Mutual Fire Insurance Co of WV primarily operates in the insurance sector. Their main activity involves providing insurance services, as indicated by their total revenues of $13,309 last year. However, the company does not explicitly provide a stated mission statement in the given information. It is unclear from the data if Patrons Mutual Fire Insurance Co of WV has any specific goals or objectives beyond providing insurance services.

Who is the CEO of Patrons Mutual Fire Insurance Co Of Wv?

James Perdue is the President of Patrons Mutual Fire Insurance Co Of Wv.

What is the revenue of Patrons Mutual Fire Insurance Co Of Wv?

Patrons Mutual Fire Insurance Co Of Wv's revenue in 2022 was $13,309.

Who are the executives of Patrons Mutual Fire Insurance Co Of Wv and what are their salaries?

The average compensation at Patrons Mutual Fire Insurance Co Of Wv during 2022 was $3,360. There are 3 employees at Patrons Mutual Fire Insurance Co Of Wv.


Here are 6 key members and their salaries:


James Perdue (President)
  • Compensation: $2,880
  • Related: $0
  • Other: $0
Dennis Brumfield (V President)
  • Compensation: $1,920
  • Related: $0
  • Other: $0
Mary Perdue (Sec/Tres)
  • Compensation: $5,280
  • Related: $0
  • Other: $0
Danny Foglesong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Foglesong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Patrons Mutual Fire Insurance Co Of Wv?

Patrons Mutual Fire Insurance Co Of Wv's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Patrons Mutual Fire Insurance Co Of Wv

Patrons Mutual Fire Insurance Co of WV, led by James Perdue, primarily focuses on offering insurance services. While the organization's specific activity or mission description is not provided, its mission can be inferred from its core function. The company, with an annual revenue of $13,309, provides insurance solutions to its clients, ensuring financial protection and peace of mind in various circumstances. This mission is carried out under the guidance of James Perdue, who serves as the company's head.

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Impact




October, 2024

Patrons Mutual Fire Insurance Co Of WV plays a significant role in the local community by providing essential insurance services. By offering mutual insurance coverage, it helps protect individuals and families from financial losses due to unforeseen events. Under the leadership of James Perdue, the organization ensures that residents of Point Pleasant, WV, have access to reliable insurance solutions tailored to their needs.

With total revenues of $13,309 last year, Patrons Mutual demonstrates a commitment to serving its policyholders, enabling them to rebuild their lives after losses and fostering a sense of security within the community. The company's operations contribute to the overall economic health of the region by providing local jobs and supporting other businesses through its service offerings. Through its mission, Patrons Mutual Fire Insurance Co Of WV enhances the resilience of the community, ensuring that individuals are prepared for life's uncertainties.




This information is meant to be a general summary of Patrons Mutual Fire Insurance Co Of Wv. 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
$13,309 (2022)
Expenses
$15,714 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,931
  • Gross Receipts: $13,309

Assets and Liabilities:

  • Total Assets: $644,671
  • Total Liabilities: $493
  • Net Assets: $644,178

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Organization Details

Founding Year

1901

Principal Officer

James Perdue

Main Address

P O Box 284, Point Pleasant, WV, 25550

NTEE Category

Code: Y20 - Mutual benefit

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