Overview
What is Big Sky Farm Mutual Insurance Company?
Big Sky Farm Mutual Insurance Company is a local insurance provider, headquartered in Bozeman, Montana. With a mission to offer affordable property and casualty insurance coverage, they cater to homeowners, renters, farmers, and ranchers. Their operations aim to increase the policyholders' surplus, indicating a strong financial position. The company employs a team of four individuals, demonstrating their commitment to providing insurance services to the community.
Is Big Sky Farm Mutual Insurance Company legitimate?
Big Sky Farm Mutual Insurance Company is a legitimate nonprofit organization registered as a 501(c)(15) entity. Big Sky Farm Mutual Insurance Company 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: $103,396
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,683
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What is the mission statement of Big Sky Farm Mutual Insurance Company?
Big Sky Farm Mutual Insurance Company's mission is centered around providing affordable property and casualty insurance coverage. This extends to homeowners, as well as businesses in the farming and ranching sectors. The company's activities aim to ensure that insurance coverage is accessible and reasonably priced for these categories of clients. In the past, Big Sky Farm Mutual Insurance Company has demonstrated its commitment by offering affordable property and casualty insurance to homeowners, renters, farmers, and ranchers. As a result, the company has managed to increase the surplus of its policyholders.
Who is the CEO of Big Sky Farm Mutual Insurance Company?
Danika Quenemoen is the President of Big Sky Farm Mutual Insurance Company.
What is the revenue of Big Sky Farm Mutual Insurance Company?
Big Sky Farm Mutual Insurance Company's revenue in 2022 was $342,989.
Who are the executives of Big Sky Farm Mutual Insurance Company and what are their salaries?
The average compensation at Big Sky Farm Mutual Insurance Company during 2022 was $41,770. There are 4 employees at Big Sky Farm Mutual Insurance Company.
Here are 9 key members and their salaries:
- Compensation: $500
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $9,588
- Related: $0
- Other: $0
- Compensation: $200
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $450
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $350
- Related: $0
- Other: $0
- Compensation: $80,674
- Related: $0
- Other: $10,384
Where can I find the form 990 for Big Sky Farm Mutual Insurance Company?
Big Sky Farm Mutual Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Big Sky Farm Mutual Insurance Company
Big Sky Farm Mutual Insurance Company, as a mission-driven organization, is committed to providing property and casualty insurance coverage. Their primary focus is on assisting farm and ranch businesses, ensuring they have the necessary protection for their operations. Beyond this, the company also extends its services to homeowners, offering them affordable insurance coverage. In essence, Big Sky Farm Mutual Insurance Company aims to safeguard the interests of various property owners, ranging from homeowners to farmers and ranchers, by providing them with comprehensive and reasonably priced insurance policies. The company's efforts have resulted in an increase in the policyholders' surplus, indicating their financial stability and commitment to their clients.
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Impact
October, 2024
Big Sky Farm Mutual Insurance Company plays a crucial role in supporting agricultural communities by offering affordable property and casualty insurance tailored specifically for farm and ranch businesses. By providing this essential coverage, the company enables these businesses to protect their assets, which is vital for their sustainability and growth.
Located in Bozeman, Montana, Big Sky Farm Mutual Insurance Company focuses on increasing policyholders' surplus, which further enhances financial security for homeowners, rental properties, and agricultural operations. Their mission to deliver affordable insurance coverage not only safeguards individual properties but also contributes positively to the overall resilience of the farming and ranching sector in the region. Through their efforts, they foster a supportive environment for agricultural enterprises, ultimately benefiting the wider community.
This information is meant to be a general summary of Big Sky Farm Mutual Insurance Company. 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: $24,780
- Program Service Revenue: $318,209
- Gross Receipts: $342,989
Assets and Liabilities:
- Total Assets: $3,173,493
- Total Liabilities: $310,460
- Net Assets: $2,863,033
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$318,209
Organization Details
Founding Year
1936
Phone
(406) 586-9034Principal Officer
Danika Quenemoen
Main Address
BOX 53, BOZEMAN, MT, 59771
NTEE Category
Code: Y20 - Mutual benefit
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