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  3. Scandinavian Mutual Insurance Company of Polk County
EIN 47-0290021

Scandinavian Mutual Insurance Company of Polk County

IRS 501(c) type
501(c)(15)
Num. employees
3
City
Stromsburg
State
Nebraska
Year formed
1887
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
Scandinavian Mutual Insurance Company of Polk County offers low-cost insurance coverage to its members and provides property insurance, including fire, wind, and extended coverage. It has an estimated 282 policyholders with $81,392,424 insurance in force. The company is located in Stromsburg, NE.
Total revenues
$641,919
2023
Total expenses
$616,932
2023
Total assets
$1,811,996
2023
Num. employees
3
2023

Program areas at Scandinavian Mutual Insurance Company of Polk County

Insurance - (property) fire, wind & extended coverage 282 policyholders(est)$78,443,875 Insurance in force.

Personnel at Scandinavian Mutual Insurance Company of Polk County

NameTitleCompensation
Lisa ShoupTreasurer$50,914
Colin PetersenVice President$0
Douglas JonesPresident$2,000
Mervin RansomTreasurer$27,352
Mervin Ransom JuniorPast Treasurer

Financials for Scandinavian Mutual Insurance Company of Polk County

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$622,202
Investment income and dividends$10,284
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$9,433
Total revenues$641,919

Form 990s for Scandinavian Mutual Insurance Company of Polk County

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-12990View PDF
2022-122023-05-12990View PDF
2021-122022-06-15990View PDF
2020-122021-06-30990View PDF
2019-122020-09-29990View PDF
...and 9 more Form 990s

Organizations like Scandinavian Mutual Insurance Company of Polk County

OrganizationLocationRevenue
Mclean County Mutual InsuranceNormal, IL$694,922
Farmers Mutual Insurance Association of Erath County TexasMorgan Mill, TX$570,547
Mcminn County Farmers Mutual Insurance CompanyAthens, TN$361,430
Blount County Mutual InsuranceAlcoa, TN$418,379
Farmers Mutual Fire Insurance CompanyVerona, KY$622,701
Rockbridge Mutual Fire Insurance CompanyLexington, VA$198,096
Farmers Mutual Fire & Aid Assoc of Kendall and Kerr CountiesComfort, TX$194,426
Putnam County Farmers Mutual InsuranceWooster, OH$491,733
Farmers Aid AssociationLoudon, TN$273,061
Cascade Mutual Insurance AssociationMonticello, IA$443,178
Data update history
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
October 9, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
305 Commercial St
Stromsburg, NE 68666
County
Polk County, NE
Phone
(308) 743-2468
IRS details
EIN
47-0290021
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1887
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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