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Filing year 2023

FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES

Milan, Missouri·EIN 43-0624680·15
Total revenue
$336k
Total assets
$883k
Total expenses
$369k
Reported officers
9
Mission

THE COMPANY IS AUTHORIZED TO PROVIDE INSURANCE COVERAGE IN SULLIVAN COUNTY AND ALL ADJOINING COUNTIES IN THE STATE OF MISSOURI. THE COMPANY IS PROVIDING COVERAGE PRIMARILY FOR PERILS OF FIRE, WIND, AND CASUALTY.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

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

Secretary/treasurer/direct
Officer (Unspecified)
$52k
$57k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$8k
$9k
President/director
Below 10th percentile
$2k
$2k
Vice-president/director
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$500
$552
Director
Board Member
Below 10th percentile
$500
$552
Director
Board Member
Below 10th percentile
$400
$442
Director
Board Member
Below 10th percentile
$200
$221

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.

FAQ

Common questions about FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES

What does the Board Member of FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES earn?

In 2023, the Board Member of FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES received $9,789 in total compensation. This pay is below the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES falls between the 25th percentile and the median.

What are FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES's revenue and expenses?

In 2023, FARMERS MUTUAL INSURANCE COMPANY OF SULLIVAN & ADJOINING COUNTIES reported $336k in total revenue and $369k in total expenses on its IRS Form 990.

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