Patrons Mutual Fire Ins Co

Organization Overview

Patrons Mutual Fire Ins Co is located in Carmel, IN. The organization was established in 2008. 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. Patrons Mutual Fire Ins Co is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.

For the year ending 12/2022, Patrons Mutual Fire Ins Co generated $436.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $594.0k during the year ending 12/2022. While expenses have increased by 10.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE INSURANCE COVERAGE TO MEMBERS TO PROTECT AGAINST PRESENT AND FUTURE LOSSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE INSURANCE COVERAGE TO MEMBERS TO PROTECT AGAINST PRESENT AND FUTURE LOSSES.


TO PROVIDE INSURANCE COVERAGE TO MEMBERS TO PROTECT AGAINST PRESENT AND FUTURE LOSSES.


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Board, Officers & Key Employees

Name (title)Compensation
Delores Rolf
Director
$0
Greg Cooper
Secretary/tr
$0
Edward Harper
Vice Preside
$0
Sean Murray
President
$0
Scott Piper
Chairman
$0

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$429,982
Investment income $6,912
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $436,894

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