St Celestine Mutual Fire Insurance Company is located in Jasper, IN. The organization was established in 1978. 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. St Celestine 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 12/2022, St Celestine Mutual Fire Insurance Company generated $115.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $235.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOLE ACTIVITY OF THE EXEMPT ORGANIZATION IS THE OPERATION OF A MUTUAL INSURANCE COMPANY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE ACTIVITY OF THE EXEMPT ORGANIZATION IS THE OPERATION OF A MUTUAL FIRE INSURANCE COMPANY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Sander Secretary/treasurer | Officer | 5 | $10,000 |
Jeff Sander President/director | OfficerTrustee | 2 | $1,715 |
Linus Senninger Director | Trustee | 2 | $748 |
Robert Hasenour Director | Trustee | 2 | $475 |
Jarrett Paulin Director | Trustee | 2 | $350 |
Earl Hasenour Director | Trustee | 2 | $350 |
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 | $80,702 |
Investment income | $40,121 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,123 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $115,700 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $13,638 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $200 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $855 |
Fees for services: Management | $0 |
Fees for services: Legal | $5,833 |
Fees for services: Accounting | $1,360 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $125,100 |
Office expenses | $939 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $335 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $250 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $616 |
Insurance | $1,080 |
All other expenses | $40 |
Total functional expenses | $235,775 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,960 |
Savings and temporary cash investments | $955,921 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $308 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $979,189 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $434 |
Total liabilities | $434 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $978,755 |
Total liabilities and net assets/fund balances | $979,189 |