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Filing year 2024

SHIBLE MUTUAL FIRE INSURANCE COMPANY

Appleton, Minnesota·EIN 41-0537165·15
Total revenue
$427k
Total assets
$1.6M
Total expenses
$345k
Reported officers
6
Mission

THE ORGANIZATION WRITES FIRE AND ADDITIONAL LINES OF INSURANCE COVERAGES AND PAYS CLAIMS ON COVERED POLICYHOLDER LOSSES.

Executive compensation

Form 990 · 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.

Manager/trea
Officer (Unspecified)
$76k
$82k
President
Below 10th percentile
$2k
$2k
Director
Board Member
Below 10th percentile
$1k
$1k
Secretary
Officer (Unspecified)
$1k
$1k
Vice-preside
Vice President
Below 10th percentile
$996
$1k
Director
Board Member
Below 10th percentile
$916
$985

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 66%
from 2023

From $46k in 2023 to $76k in 2024.

$46k
2023
$76k
2024
In today's dollarsEst.
Up 62% in real terms$50k to $82k

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

Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue fell 5%.

$2k in 2023 to $2k in 2024.
  • Board Member pay rose 1% from 2023 to 2024.
  • Vice President pay held roughly steady 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

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

RevenueExpenses
$448k
$268k
2023
$427k
$345k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SHIBLE MUTUAL FIRE INSURANCE COMPANY

What does the Chief Executive Officer of SHIBLE MUTUAL FIRE INSURANCE COMPANY earn?

In 2024, the Chief Executive Officer of SHIBLE MUTUAL FIRE INSURANCE COMPANY received $1,513 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SHIBLE MUTUAL FIRE INSURANCE COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SHIBLE MUTUAL FIRE INSURANCE COMPANY falls in the bottom 10%.

What are SHIBLE MUTUAL FIRE INSURANCE COMPANY's revenue and expenses?

In 2024, SHIBLE MUTUAL FIRE INSURANCE COMPANY reported $427k in total revenue and $345k in total expenses on its IRS Form 990.

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