Overview
What is Pendleton County Farmers Fire Ins?
Pendleton County Farmers Fire Ins is a mutual insurance organization located in Kentucky, serving numerous counties within the state. This nonprofit has provided insurance coverage to a substantial number of 1,106 members, expanding its reach to areas such as Pendleton, Bracken, Campbell, and several others. As a mutual insurance company, Pendleton County Farmers Fire Ins operates on the principle of its members pooling their resources together, ensuring collective benefits and shared risk management.
Is Pendleton County Farmers Fire Ins legitimate?
Pendleton County Farmers Fire Ins is a legitimate nonprofit organization registered as a 501(c)(15) entity. Pendleton County Farmers Fire Ins 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: $91,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,344
For more financial information, click here
What is the mission statement of Pendleton County Farmers Fire Ins?
Pendleton County Farmers Fire Ins, as a mutual insurance company, is dedicated to serving its members by providing 1,106 insurance policies across various counties in Kentucky. Its mission, implicit in its operations, is to protect and support its members financially through insurance services. While the company does not explicitly state a mission statement in the provided information, its actions suggest a commitment to providing reliable and accessible insurance solutions to its members.
What is the revenue of Pendleton County Farmers Fire Ins?
Pendleton County Farmers Fire Ins's revenue in 2024 was $733,616.
Who are the executives of Pendleton County Farmers Fire Ins and what are their salaries?
The average compensation at Pendleton County Farmers Fire Ins during 2024 was $9,559. There are 11 employees at Pendleton County Farmers Fire Ins.
Here are 10 key members and their salaries:
- Compensation: $25,980
- Related: $0
- Other: $0
- Compensation: $24,861
- Related: $0
- Other: $0
- Compensation: $14,780
- Related: $0
- Other: $0
- Compensation: $11,330
- Related: $0
- Other: $0
- Compensation: $4,950
- Related: $0
- Other: $0
- Compensation: $3,075
- Related: $0
- Other: $0
- Compensation: $2,405
- Related: $0
- Other: $0
- Compensation: $1,965
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $955
- Related: $0
- Other: $0
Where can I find the form 990 for Pendleton County Farmers Fire Ins?
Pendleton County Farmers Fire Ins's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Pendleton County Farmers Fire Ins
Pendleton County Farmers Fire Ins, as a mutual insurance company, is dedicated to providing insurance policies to its members in several counties of Kentucky. Its mission is centered around offering mutual protection, with a focus on serving residents in Pendleton, Bracken, Campbell, Harrison, Grant, Boone, Kenton, Franklin, Nicholas, Gallatin, Mason, Robertson, Wolfe, Lee, and Fleming counties. The company's operational philosophy is built on the mutual exchange of risk, where members share in both the financial obligations and benefits of the insurance policies issued by the company. By providing 1,106 insurance policies, Pendleton County Farmers Fire Ins demonstrates its commitment to safeguarding its members' interests and offering them peace of mind in the face of potential threats.
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Impact
October, 2024
Pendleton County Farmers Fire Ins plays a crucial role in providing financial security and peace of mind to its members across multiple counties in Kentucky. By issuing 1,106 insurance policies, this mutual insurance company serves a significant number of families and businesses, ensuring they are protected against potential losses. The impact extends beyond individual policyholders, fostering a sense of community and mutual support among members in Pendleton and surrounding counties. Through its operations, Pendleton County Farmers Fire Ins contributes to the local economy by enabling residents and businesses to safeguard their properties and investments, ultimately promoting resilience and stability within the community.
This information is meant to be a general summary of Pendleton County Farmers Fire Ins. 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 2024.
- Investment Income: $16,945
- Program Service Revenue: $683,791
- Gross Receipts: $736,410
Assets and Liabilities:
- Total Assets: $567,214
- Total Liabilities: $55,012
- Net Assets: $512,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$683,791
Organization Details
Founding Year
1905
Principal Officer
Wayne Biddle
NTEE Category
Code: Y20 - Mutual benefit
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