Ohio Association Of Mutual Insurance Company
- Assets
- $169.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/1990
- Data as of
- 12/2021
- EIN
- 34-0923599
Organization Overview
Ohio Association Of Mutual Insurance Company is located in Indianapolis, IN. The organization was established in 1990. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, 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. Ohio Association Of Mutual Insurance Company is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Ohio Association Of Mutual Insurance Company generated $85.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $107.0k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Showalter President | 1 | $0 | |
Becky Holmes Immediate Past President | 1 | $0 | |
Dave Grove Vice President | 1 | $0 | |
Jim Wellman Director | 1 | $0 | |
David Chandler Director | 1 | $0 | |
Brent Helmke Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $58,047 |
| Membership dues | $27,750 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,864 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $40,693 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $66,291 |
| Total expenses | $107,009 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,393 |
| Other assets | $0 |
| Total assets | $169,393 |
| Total liabilities | $0 |
| Net assets or fund balances | $169,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wisconsin Compensation Rating Bureau As Trustees For Claimants Waukesha, WI | $302,790,843 | $83,757,741 |
National Association Of Mutual Insurance Companies Indianapolis, IN | $18,221,842 | $18,221,926 |
Illinois Fair Plan Association Chicago, IL | $9,317,772 | $3,165,384 |
Wisconsin Assoc Of Mutual Insurance Companies Deforest, WI | $455,411 | $632,080 |
Sigel Mutual Insurance Co Sigel, IL | $1,478,683 | $588,471 |
Martinsburg Mutual Insurance Co Martinsburg, MO | $1,475,708 | $577,216 |
Forest Green Farmers Mutual Insurance Company Salisbury, MO | $2,139,952 | $586,732 |
Liberty Fire Benevolent Society Jefferson City, MO | $1,956,881 | $440,864 |
Thompson And Guilford Mutual Insurance Company Scales Mound, IL | $1,339,348 | $554,823 |
Stephenson County Mutual Insurance Company Rock City, IL | $1,401,000 | $373,897 |
Loran Mutual Insurance Co Pearl City, IL | $1,134,165 | $479,949 |
Farmers Mutual Insurance Company Chillicothe, MO | $1,718,338 | $462,121 |