Mutual Insurance Companies
- Assets
- $216.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/1943
- Data as of
- 09/2023
- EIN
- 35-6044042
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phil Overmyer President | 1 | $0 | |
Jason Mueller Vice Preside | 1 | $0 | |
Mel Burkhart Treasurer | 1 | $0 | |
Rick Moss Past Preside | 1 | $0 | |
Richard Pitts Executive Vi | 1 | $0 | |
Taralyn Gallahan Assistant Di | 1 | $0 |
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 |
| 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 | $44,757 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $95 |
| Other expenses | $68,868 |
| Total expenses | $113,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,416 |
| Other assets | $0 |
| Total assets | $216,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $216,416 |