Overview
What is Hancock County Assessment?
Hancock County Assessment is a nonprofit organization, specifically a fund, situated in Hawesville, Kentucky (PO Box 174, KY 42348). Its primary purpose is to establish a fund to cover any losses incurred by its policyholders and to cover the company's expenses. The interest generated from this fund is utilized in the same manner as the dues, serving to sustain the organization's operations. The information provided does not disclose any specific programs, services, or reach beyond this basic function.
Is Hancock County Assessment legitimate?
Hancock County Assessment is a legitimate nonprofit organization registered as a 501(c)(15) entity. Hancock County Assessment 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: $22,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hancock County Assessment?
The mission of Hancock County Assessment, as outlined in its activities and description, is to establish a fund using premium dues and assessments. This fund is intended to cover all losses incurred by policyholders and also to manage the company's expenses. Any interest earned from this fund is utilized in a similar manner, serving as additional funds for the same purpose. In essence, the mission of Hancock County Assessment is to provide financial support to policyholders in times of loss and to manage the operational expenses of the company.
Who is the CEO of Hancock County Assessment?
James Hagman is the President of Hancock County Assessment.
What is the revenue of Hancock County Assessment?
Hancock County Assessment's revenue in 2022 was $114,767.
Who are the executives of Hancock County Assessment and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $1,125
- Related: $0
- Other: $0
- Compensation: $850
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $3,025
- Related: $0
- Other: $0
- Compensation: $475
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $625
- Related: $0
- Other: $0
- Compensation: $550
- Related: $0
- Other: $0
- Compensation: $625
- Related: $0
- Other: $0
- Compensation: $475
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $15,825
- Related: $0
- Other: $0
Where can I find the form 990 for Hancock County Assessment?
Hancock County Assessment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hancock County Assessment
Hancock County Assessment, as a nonprofit entity, collects dues and assessments from its policyholders with a specific purpose. This funding serves two primary functions: covering all potential losses for policyholders and managing the operational expenses of the company. The interest generated from these contributions is then utilized in a similar manner, contributing to the overall fund that ensures the financial security and smooth operations of Hancock County Assessment.
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Impact
October, 2024
Hancock County Assessment plays a vital role in ensuring financial security for policyholders in the community. By collecting dues and assessments, it establishes a dedicated fund specifically designed to cover potential losses experienced by policyholders. This proactive approach not only safeguards individuals but also manages the operational expenses of the company effectively. The interest accrued from these funds further enhances the financial resources available, promoting sustainability and stability within the organization. As a result, Hancock County Assessment fosters a sense of security among its members, ensuring that they are well-prepared for unforeseen events. This reinforces community trust and resilience, contributing positively to the local economy in Hawesville, KY.
This information is meant to be a general summary of Hancock County Assessment. 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: $29,193
- Program Service Revenue: $85,574
- Gross Receipts: $114,767
Assets and Liabilities:
- Total Assets: $723,353
- Total Liabilities: $5,459
- Net Assets: $717,894
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS
Revenue
$85,574
Organization Details
Founding Year
1912
Phone
(270) 927-6669Principal Officer
James Hagman
Main Address
PO BOX 174, HAWESVILLE, KY, 42348
NTEE Category
Code: Y20 - Mutual benefit
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