THE COMPANY WAS FORMED FOR THE PURPOSE OF PROVIDING INSURANCE FOR ITS MEMBERS FOR FIRE, LIGHTNING, EXTENDED COVERAGES, THEFT, PROPERTY AND OTHER COVERAGES PERMITTED FOR A COUNTY MUTUAL INSURANCE COMPANY BY TENNESSEE INSURANCE LAW.
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.
| Position | Total |
|---|---|
Secretary/treasurer Officer (Unspecified) | $59k $63k |
President 10th to 25th percentile | $37k $39k |
Vice-president Below 10th percentile | $4k $4k |
Director Board Member Below 10th percentile | $1k $1k |
Director Board Member Below 10th percentile | $1k $1k |
Director Board Member Below 10th percentile | $1k $1k |
Director Board Member Below 10th percentile | $1k $1k |
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 20%
from 2023
From $50k in 2023 to $59k in 2024.
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.
Chief Executive Officer pay rose 48% from 2023 to 2024, while revenue rose 30%.
- Board Member pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY reported revenue and expenses across 2 filing years.
Common questions about FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY
What does the Chief Executive Officer of FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY earn?
In 2024, the Chief Executive Officer of FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY received $36,869 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY falls between the 10th and 25th percentiles.
What are FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY's revenue and expenses?
In 2024, FARMERS MUTUAL FIRE INSURANCE COMPANY OF JEFFERSON COUNTY reported $523k in total revenue and $643k in total expenses on its IRS Form 990.
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