Overview
What is Farmers Mutual Fire Ins Assoc Of Fairfield County Sc?
Farmers Mutual Fire Ins Assoc of Fairfield County SC is a small nonprofit organization situated in Winnsboro, South Carolina. With just two employees, they offer fire and casualty insurance coverage, primarily to homeowners residing in rural areas of Fairfield County. The association's mission is centered around providing essential protection to its community members, ensuring their peace of mind and safeguarding their properties in the event of unforeseen incidents.
Is Farmers Mutual Fire Ins Assoc Of Fairfield County Sc legitimate?
Farmers Mutual Fire Ins Assoc Of Fairfield County Sc is a legitimate nonprofit organization registered as a 501(c)(15) entity. Farmers Mutual Fire Ins Assoc Of Fairfield County Sc 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: $45,455
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,275
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What is the mission statement of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc?
The Farmers Mutual Fire Insurance Association of Fairfield County, SC, is dedicated to providing fire and casualty insurance coverage to residents living in rural areas. Their mission is to ensure the protection of these individuals' homes and properties against unforeseen incidents. Over the years, they have provided approximately 12.4 million dollars worth of insurance coverage to homeowners in rural Fairfield County, SC. By offering this service, they aim to provide peace of mind and security to the community they serve. Their activities are centered around insuring rural homes and properties, thereby safeguarding the livelihoods of their policyholders.
Who is the CEO of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc?
Robert R Brown Jr is the Sec/Treas. of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc.
What is the revenue of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc?
Farmers Mutual Fire Ins Assoc Of Fairfield County Sc's revenue in 2022 was $167,395.
Who are the executives of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc and what are their salaries?
The average compensation at Farmers Mutual Fire Ins Assoc Of Fairfield County Sc during 2022 was $23,365. There are 2 employees at Farmers Mutual Fire Ins Assoc Of Fairfield County Sc.
Here are 4 key members and their salaries:
- Compensation: $37,340
- Related: $0
- Other: $0
- Compensation: $4,815
- Related: $0
- Other: $0
- Compensation: $1,659
- Related: $0
- Other: $0
- Compensation: $1,641
- Related: $0
- Other: $0
Where can I find the form 990 for Farmers Mutual Fire Ins Assoc Of Fairfield County Sc?
Farmers Mutual Fire Ins Assoc Of Fairfield County Sc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc
Farmers Mutual Fire Ins Assoc of Fairfield County SC is dedicated to providing fire and casualty insurance coverage to residents living in rural areas. Their mission is centered around ensuring the protection of these communities, offering a crucial safety net in case of unforeseen incidents. By offering this insurance coverage, the association aims to alleviate the financial burden that can arise from such events, thereby providing peace of mind to its policyholders. The organization has provided approximately 12.4 million dollars in insurance coverage to homeowners in rural Fairfield County, SC, demonstrating their commitment to this cause.
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Impact
October, 2024
Farmers Mutual Fire Insurance Association of Fairfield County, SC plays a crucial role in enhancing the safety and security of rural residents in Fairfield County. By providing approximately $12.4 million in fire and casualty insurance coverage, the organization helps homeowners protect their properties from potential losses due to fire and other unforeseen events. This support not only safeguards individual homes but also contributes to the overall well-being of the community by promoting stability and resilience among its residents. Additionally, the focus on rural areas ensures that those living outside urban centers have access to vital insurance services, helping to level the playing field and ensure that all residents have the necessary means to recover from disasters. Through its efforts, Farmers Mutual cultivates a sense of mutual benefit, fostering a stronger and more secure Fairfield County.
This information is meant to be a general summary of Farmers Mutual Fire Ins Assoc Of Fairfield County Sc. 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: $13,795
- Program Service Revenue: $153,600
- Gross Receipts: $167,395
Assets and Liabilities:
- Total Assets: $1,646,350
- Total Liabilities: $65,973
- Net Assets: $1,580,377
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS PREMIUMS AND FEES
Revenue
$124,658
COMMISSIONS EARNED
Revenue
$28,942
Organization Details
Founding Year
1894
Phone
(803) 635-9610Principal Officer
Robert R Brown Jr
Main Address
PO BOX 263, WINNSBORO, SC, 29180
NTEE Category
Code: Y20 - Mutual benefit
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