Mutual Insurance Companies

Organization Overview

Mutual Insurance Companies is located in Indianapolis, IN. The organization was established in 1943. 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. Mutual Insurance Companies 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 09/2023, Mutual Insurance Companies generated $93.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $113.7k during the year ending 09/2023. While expenses have increased by 4.8% 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.

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$30,405
Total Program Service Revenue$13,928
Membership dues$46,545
Investment income $2,235
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$93,113

Peer Organizations

Organization NameAssets
Wisconsin Compensation Rating Bureau As Trustees For Claimants
Waukesha, WI
$77,278,499
National Association Of Mutual Insurance Companies
Indianapolis, IN
$20,704,238
Illinois Fair Plan Association
Tinley Park, IL
$3,408,741
Martinsburg Mutual Insurance Co
Martinsburg, MO
$1,276,852
Wisconsin Assoc Of Mutual Insurance Companies
Deforest, WI
$632,080
Sigel Mutual Insurance Co
Sigel, IL
$588,471
Patrons Mutual Fire Ins Co
Carmel, IN
$436,894
Farmers Mutual Insurance Company
Chillicothe, MO
$527,115
Forest Green Farmers Mutual Insurance Company
Salisbury, MO
$586,732
Loran Mutual Insurance Co
Pearl City, IL
$591,487
Spring Grove Mutual Insurance Co
Brodhead, WI
$513,405
Illinois Association Of Mutual Insurance Companies
Ohlman, IL
$527,048
Farmers Mutual Insurance Co Of Daviess Co Mo
Gallatin, MO
$378,110
Knox County Mutual Insurance Company
Edina, MO
$458,646
Lewis County Mutual Insurance Co
Lewistown, MO
$550,134
Hamel Mutual Insurance Company
Hamel, IL
$425,969
Thompson And Guilford Mutual Insurance Company
Scales Mound, IL
$587,195
Liberty Fire Benevolent Society
Jefferson City, MO
$530,310
Stephenson County Mutual Insurance Company
Rock City, IL
$431,562
Central Farmers Mutual Fire Ins Co
St Charles, MO
$522,169
Bartholomew County German Mutual Insurance Company Inc
Edinburgh, IN
$618,161
Patrons Mutual Insurance Company
Danvers, IL
$509,382
Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties
Milan, MO
$295,968
Henrietta Greenwood & Union Mutual Fire Ins Co
Wonewoc, WI
$260,094
German Mutual Insurance Company
Lohman, MO
$289,762

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