Old Elizabeth Mutual Fire Insurance Company

Organization Overview

Old Elizabeth Mutual Fire Insurance Company is located in West Alexander, PA. The organization was established in 1988. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Elizabeth Mutual Fire Insurance Company is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.

For the year ending 12/2023, Old Elizabeth Mutual Fire Insurance Company generated $37.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.0%) each year. All expenses for the organization totaled $99.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

INSURANCE COMPANY - TO PROVIDE AFFORDABLE INSURANCE COVERAGE TO POLICYHOLDERS/MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE REASONABLE AND AFFORDABLE INSURANCE COVERAGE TO ITS POLICYHOLDERS/MEMBERS FOR COVERED LOSSES.


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Board, Officers & Key Employees

Name (title)Compensation
Paul Williams
President
$3,407
Rachel Neff
Director
$2,200
Shirley Bedillion
Corporate Secretary
$10,066
Cory Mcconn
Treasurer
$10,066
William Malilli
Director
$2,200
Vincent Makovics
Director
$2,200

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$55,843
Investment income $14,780
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$33,606
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,017

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