Tri-County Farmers Mutual Ins

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

EIN: 810296425 ✦ Malta, MT ✦ Designated as a 501(c)(15)

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Overview

What is Tri-County Farmers Mutual Ins?

Tri-County Farmers Mutual Ins is a nonprofit organization situated in Malta, MT. Their primary mission is to offer insurance solutions to individuals who encounter challenges in obtaining coverage from traditional insurance providers. By operating on member premiums, this mutual insurance company provides a much-needed service to those in need, operating on the principle of community support and shared risk.

Is Tri-County Farmers Mutual Ins legitimate?

Tri-County Farmers Mutual Ins is a legitimate nonprofit organization registered as a 501(c)(15) entity. Tri-County Farmers Mutual 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tri-County Farmers Mutual Ins?

Tri-County Farmers Mutual Insurance, as an organization, specializes in providing insurance coverage to individuals who may find it challenging to obtain insurance from other companies due to various reasons. Its mission is centered around extending this service, operating on a model where premiums are collected from participating members. In essence, the organization serves as a resource for individuals who may be excluded from traditional insurance markets. This approach allows Tri-County Farmers Mutual Insurance to contribute to the financial security and peace of mind of its clients.

What is the revenue of Tri-County Farmers Mutual Ins?

Tri-County Farmers Mutual Ins's revenue in 2023 was $230,923.

Who are the executives of Tri-County Farmers Mutual Ins and what are their salaries?

Here are 6 key members and their salaries:


James Sintler Jr (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Vincent Schmoeckel (Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Jason Ulrich (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Ross Simser (Secretary/Treasurer)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
David Skiff (President)
  • Compensation: $2,200
  • Related: $0
  • Other: $0
Gary Knudsen (Vice President)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tri-County Farmers Mutual Ins?

Tri-County Farmers Mutual Ins's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Tri-County Farmers Mutual Ins

Tri-County Farmers Mutual Ins is an organization that serves a unique purpose in the insurance sector. Its mission, in essence, is to extend insurance coverage to individuals who may find it challenging to procure insurance through traditional providers. By operating on a membership model, the organization collects premiums from its members and provides them with the necessary insurance coverage. This mission is particularly beneficial for those who may have been deemed high-risk or have encountered difficulties in obtaining insurance coverage elsewhere. In doing so, Tri-County Farmers Mutual Ins plays a crucial role in addressing insurance disparities and ensuring that more individuals have access to essential protection.

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Impact




October, 2024

Tri-County Farmers Mutual Insurance plays a vital role in the community by providing essential insurance coverage to individuals who may struggle to secure insurance from traditional providers. Located in Malta, MT, the organization focuses on assisting those in need, ensuring that everyone has access to the protection and peace of mind that insurance offers. By relying on premiums from participating members, Tri-County Farmers Mutual creates a support network that fosters mutual benefit and community resilience. Its mission is crucial in addressing insurance gaps, ultimately enhancing the overall safety and security of the residents it serves.




This information is meant to be a general summary of Tri-County Farmers Mutual 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.

Revenue
$230,923 (2023)
Expenses
$263,082 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,922
  • Gross Receipts: $230,923

Assets and Liabilities:

  • Total Assets: $1,344,040
  • Total Liabilities: $234,911
  • Net Assets: $1,109,129

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Organization Details

Founding Year

1928

Principal Officer

Ross Simser

NTEE Category

Code: Y20Z - Mutual benefit

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