SOUTHERN MUTUAL CHURCH INSURANCE CO
EIN: 57-0251155Columbia, SCZIP: 292900346
Y20Z - Mutual & Membership Benefit501(c)(4)
Mission
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.
Financials
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2023 | $73.8M | $0 | $84.3M |
Compensation
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Data from IRS Form 990 filings (2023).