German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc

Organization Overview

German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc is located in Cairo, NE. The organization was established in 1980. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.

For the year ending 12/2021, German Farmers Mutual Assessment Insurance Assoc Of Hall County Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 16.7% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FIRE, WINDSTORM & EXTENDED INSURANCE COVERAGE TO PRIMARILY FARM REAL AND PERSONAL PROPERTY IN HALL AND ADJOINING COUNTIES IN NEBRASKA

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSURANCE - (PROPERTY) - FIRE, WIND AND EXTENDED COVERAGE FOR 1,960 (EST.) POLICY HOLDERS 997,729,360 INSURANCE IN FORCE


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Cindy Yoder
Secretary
$54,560
Heather Hadenfeldt
Treasurer
$34,400
Rick Yoder
Director
$25,316
Mary Stoltenberg
Treasurer
$5,460
John Harders
Director
$0
Craig Harders
Director
$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$2,757,827
Investment income $17,028
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 $2,974,512

Create an account to unlock the data you need.

or