Nokomis Farmers Mutual Fire & Lightning Insurance Company in Nokomis, Illinois (IL)

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Nokomis Farmers Mutual Fire & Lightning Insurance Company
Employer Identification Number (EIN)370442015
Name of OrganizationNokomis Farmers Mutual Fire & Lightning Insurance Company
Address104 W State St, Nokomis, IL 62075-1657
ActivitiesUnderwriting municipal insurance
SubsectionMutual Insurance Company or Assoc. Other Than Life or Marine
Ruling Date09/1941
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$500,000 to $999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$656,504
Amount of Income$630,752
Form 990 Revenue Amount$630,752

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Financial snapshot ($)

Revenue 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$630,752
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$606,921
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$19,904
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$3,927
Statement of Functional Expenses (for 2011)
Total functional expenses$690,106
Compensation of current officers, directors, trustees, and key employees$19,230
Other salaries and wages$12,725
Payroll taxes$2,653
Professional fundraising services$0
Balance Sheet (for 2011)
Total assets$656,504
Total liabilities$163,311
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$493,193
Retained earnings, endowment, accumulated income, or other funds$493,193
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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