Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak
- Assets
- $1.2m
- Revenue
- $567.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Tabor, SD
- Founding
- 11/1944
- Data as of
- 12/2017
- EIN
- 46-0211036
Organization Overview
Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak is located in Tabor, SD. The organization was established in 1944. 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. As of 12/2017, Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.
For the year ending 12/2017, Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak generated $567.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $604.0k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 2 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LIABILITY & PROPERTY INSURANCE FOR MEMBERS AT COST
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INSURANCE AT COST FOR 232 MEMBERS
PROVIDE INSURANCE AT COST FOR 232 MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Cahoy President | OfficerTrustee | 4 | $1,000 |
Gary Kronaizl Director | Trustee | 1 | $400 |
Tom Sedlacek Director | Trustee | 1 | $400 |
Lumir Ruman Director | Trustee | 1 | $400 |
Gary Kriz Director | Trustee | 1 | $400 |
Kevin Cuka Director | Trustee | 1 | $400 |
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 | $560,503 |
| Investment income | $6,563 |
| 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 | $567,635 |
| 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. | $3,900 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,883 |
| Pension plan accruals and contributions | $1,097 |
| Other employee benefits | $0 |
| Payroll taxes | $2,454 |
| Fees for services: Management | $112,401 |
| Fees for services: Legal | $4,026 |
| Fees for services: Accounting | $838 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $484 |
| Office expenses | $5,198 |
| Information technology | $3,003 |
| Royalties | $0 |
| Occupancy | $3,009 |
| Travel | $506 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,147 |
| All other expenses | $0 |
| Total functional expenses | $603,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,284 |
| Savings and temporary cash investments | $1,089,835 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,203,119 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,203,119 |