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Filing year 2023

SVEA MUTUAL INSURANCE ASSOCIATION

Swedesburg, Iowa·EIN 42-6073120·501(c)(15)
Total revenue
$546k
Total assets
$2.9M
Total expenses
$438k
Reported officers
9
Mission

TO PROVIDE PROPERTY INSURANCE TO MEMBERS. SERVING THE IOWA COUNTIES OF HENRY, JEFFERSON, LEE, LOUISA, DES MOINES, WASHINGTON, AND VAN BUREN.

Executive compensation

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

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

Secretary/tr
Officer (Unspecified)
$81k
$89k
President
Below 10th percentile
$5k
$6k
Director
Board Member
Below 10th percentile
$100
$110
Director
Board Member
Below 10th percentile
$100
$110
Director
Board Member
Below 10th percentile
$100
$110
Director
Board Member
Below 10th percentile
$100
$110
Vice Preside
Vice President
Below 10th percentile
$100
$110
Director
Board Member
Below 10th percentile
$50
$55

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.

Plus 1 unpaid individual.

FAQ

Common questions about SVEA MUTUAL INSURANCE ASSOCIATION

What does the Chief Executive Officer of SVEA MUTUAL INSURANCE ASSOCIATION earn?

In 2023, the Chief Executive Officer of SVEA MUTUAL INSURANCE ASSOCIATION received $5,000 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 SVEA MUTUAL INSURANCE ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SVEA MUTUAL INSURANCE ASSOCIATION falls in the bottom 10%.

What are SVEA MUTUAL INSURANCE ASSOCIATION's revenue and expenses?

In 2023, SVEA MUTUAL INSURANCE ASSOCIATION reported $546k in total revenue and $438k in total expenses on its IRS Form 990.

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