Cascade Mutual Insurance Association in Cascade, Iowa (IA)

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Cascade Mutual Insurance Association
Employer Identification Number (EIN)420171075
Name of OrganizationCascade Mutual Insurance Association
AddressPO BOX 370, Cascade, IA 52033-0370
ActivitiesUnderwriting municipal insurance
SubsectionMutual Insurance Company or Assoc. Other Than Life or Marine
Ruling Date05/1946
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$524,132
Amount of Income$381,775
Form 990 Revenue Amount$381,775

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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$351,609
Contributions, Gifts, Grants and Other Similar Amounts$344,451
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$7,068
Income from investment of tax-exempt bond proceeds$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$348,358
Compensation of current officers, directors, trustees, and key employees$81,346
Other salaries and wages$0
Payroll taxes$5,687
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$410,743
Total liabilities$1,940
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$408,803
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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