THE COMPANY WAS FORMED FOR THE PURPOSE OF PROVIDING INSURANCE FOR ITS MEMBERS AND TO REINSURE AND ACCEPT REINSURANCE 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 · Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Director/agent Board Member 75th to 90th percentile | $59k $64k |
Secretary/treasurer Officer (Unspecified) | $33k $36k |
President/director Below 10th percentile | $6k $7k |
Director Board Member 10th to 25th percentile | $1k $2k |
Vice-president Below 10th percentile | $1k $2k |
Director Board Member 10th to 25th percentile | $1k $2k |
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.
Common questions about FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY
What does the Board Member of FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY earn?
In 2023, the Board Member of FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY received $58,909 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY 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 GILES COUNTY falls between the 75th and 90th percentiles.
What are FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY's revenue and expenses?
In 2023, FARMERS MUTUAL INSURANCE COMPANY OF GILES COUNTY reported $235k in total revenue and $438k in total expenses on its IRS Form 990.
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