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Filing year 2024

CLARK MUTUAL INSURANCE COMPANY

Kahoka, Missouri·EIN 43-0266040·501(c)(15)
Total revenue
$560k
Total assets
$2M
Total expenses
$563k
Reported officers
7
Mission

TO PROVIDE INSURANCE FOR OUR CUSTOMERS ON FARM PROPERTY AND RESIDENTIAL PROPERTY AT A COMPETITIVE PRICE AND TO PROVIDE SUPERIOR CUSTOMER SERVICE IN ALL ASPECTS OF BUSINESS UNDERWRITING, CLAIM AND POLICY ISSUANCE.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Sec/treas/di
Officer (Unspecified)
$107k
$115k
Director
Board Member
Below 10th percentile
$550
$592
Director
Board Member
Below 10th percentile
$550
$592
Vice Preside
Vice President
Below 10th percentile
$550
$592
President
Below 10th percentile
$550
$592
Director
Board Member
Below 10th percentile
$450
$484
Director
Board Member
Below 10th percentile
$450
$484

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 18%
from 2023

From $90k in 2023 to $107k in 2024.

$90k
2023
$107k
2024
In today's dollarsEst.
Up 15% in real terms$100k to $115k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 57% from 2023 to 2024, while revenue rose 27%.

$350 in 2023 to $550 in 2024.
  • Chief Executive Officer pay rose 38% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CLARK MUTUAL INSURANCE COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$443k
$534k
2023
$560k
$563k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CLARK MUTUAL INSURANCE COMPANY

What does the Board Member of CLARK MUTUAL INSURANCE COMPANY earn?

In 2024, the Board Member of CLARK MUTUAL INSURANCE COMPANY received $550 in total compensation. This pay is in the bottom 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at CLARK MUTUAL INSURANCE COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at CLARK MUTUAL INSURANCE COMPANY falls in the bottom 10%.

What are CLARK MUTUAL INSURANCE COMPANY's revenue and expenses?

In 2024, CLARK MUTUAL INSURANCE COMPANY reported $560k in total revenue and $563k in total expenses on its IRS Form 990.

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