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Filing year 2024

Farmers Mutual Fire Insurance Co

Jonesborough, Tennessee·EIN 62-0198202·501(c)(15)
Total revenue
$652k
Total assets
$1.8M
Total expenses
$885k
Reported officers
6
Mission

Farm and Rural Dwelling Insurance

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

Secretary Treasurer
Officer (Unspecified)
$93k
$98k
Director Vice President
Vice President
10th to 25th percentile
$3k
$3k
Director Vice President
Vice President
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$500
$530
Director
Board Member
Below 10th percentile
$500
$530
Director
Board Member
Below 10th percentile
$500
$530

Teal figures restate each filed amount in 2026 dollars.

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

Up 104%
from 2023

From $45k in 2023 to $93k in 2024.

$45k
2023
$93k
2024
In today's dollarsEst.
Up 99% in real terms$50k to $98k

Estimated with BLS CPI-U for the South 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 25% from 2023 to 2024, while revenue rose 37%.

$400 in 2023 to $500 in 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

Farmers Mutual Fire Insurance Co reported revenue and expenses across 2 filing years.

RevenueExpenses
$477k
$724k
2023
$652k
$885k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Farmers Mutual Fire Insurance Co

What does the Vice President of Farmers Mutual Fire Insurance Co earn?

In 2024, the Vice President of Farmers Mutual Fire Insurance Co received $3,200 in total compensation. This pay is in the bottom quarter for Vice President roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at Farmers Mutual Fire Insurance Co compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at Farmers Mutual Fire Insurance Co falls between the 10th and 25th percentiles.

What are Farmers Mutual Fire Insurance Co's revenue and expenses?

In 2024, Farmers Mutual Fire Insurance Co reported $652k in total revenue and $885k in total expenses on its IRS Form 990.

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