TO BENEFIT THE SOCIAL WELFARE OF COMMUNITIES BY PROVIDING NECESSARY SERVICES, INCLUDING MANAGEMENT AND FACILITIES, FOR THE SOLE AND EXCLUSIVE BENEFIT OF MEMBER CHURCHES TO PROTECT THEIR PROPERTY AGAINST LOSS BY FIRE, LIGHTNING, WINDSTORM, ARSON AND LIABILITY AT THE LOWEST FEASIBLE COST. TO PROMOTE SAFETY CONSCIOUSNESS THROUGH LOSS CONTROL, INSPECTION SERVICES AND POLICYHOLDER EDUCATION IN ORDER TO MINIMIZE LOSSES. TO PROVIDE FINANCIAL ASSISTANCE WITH MEMBER-CHURCH MORTGAGE LOANS AT LOWER THAN PREVAILING INTEREST RATES AND BETTER TERMS.
Executive compensation, broken down
Form 990 · Schedule J · 17 reported individuals · Filing year 2024
- Base
- $365k
- Bonus
- —
- Other
- $26k
- Benefits
- $15k
- Base
- $192k
- Bonus
- $2k
- Other
- —
- Benefits
- —
- Base
- $171k
- Bonus
- $1k
- Other
- $396
- Benefits
- —
- Base
- $168k
- Bonus
- $1k
- Other
- $90
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ce | $365k | — | $26k | $15k | $447k $474k |
Vice Preside vice president | $192k | $2k | — | — | $213k $226k |
Executive Vi officer (unspecified) | $171k | $1k | $396 | — | $190k $201k |
COO | $168k | $1k | $90 | — | $185k $197k |
Vice Preside vice president | — | — | — | — | $127k $135k |
CFO | — | — | — | — | $55k $59k |
Director board member | — | — | — | — | $18k $20k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $14k $15k |
Director board member | — | — | — | — | $13k $13k |
Director board member | — | — | — | — | $13k $13k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
Director board member | — | — | — | — | $11k $12k |
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 5%
from 2023
From $427k in 2023 to $447k 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.
Revenue and expenses over time
SOUTHERN MUTUAL CHURCH INSURANCE CO reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).
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