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Filing year 2024

TRI-COUNTY FARMERS MUTUAL INS

Malta, Montana·EIN 81-0296425·NTEE Y20Z · Mutual & Membership Benefit·501(c)(15)
Total revenue
$332k
Total assets
$1.4M
Total expenses
$290k
Reported officers
6
Mission

THE ORGANIZATION HAS PROVIDED INSURANCE TO THOSE WHO MAY BE UNABLE TO OBTAIN INSURANCE THROUGH OTHER INSURANCE COMPANIES

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

President
10th to 25th percentile
$2k
$2k
Vice President
25th percentile to median
$1k
$1k
Director
Board Member
10th to 25th percentile
$1k
$1k
Director
Board Member
10th to 25th percentile
$1k
$1k
Secretary/treasurer
10th to 25th percentile
$1k
$1k
Director
Board Member
10th to 25th percentile
$1k
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TRI-COUNTY FARMERS MUTUAL INS equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.6%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay fell 27% from 2023 to 2024, while revenue rose 44%.

$2k in 2023 to $2k in 2024.
  • Board Member pay fell 30% from 2023 to 2024.
  • Chief Financial Officer pay fell 30% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TRI-COUNTY FARMERS MUTUAL INS

What does the Chief Executive Officer of TRI-COUNTY FARMERS MUTUAL INS earn?

In 2024, the Chief Executive Officer of TRI-COUNTY FARMERS MUTUAL INS received $1,600 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TRI-COUNTY FARMERS MUTUAL INS compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at TRI-COUNTY FARMERS MUTUAL INS falls between the 10th and 25th percentiles. In 2024, the highest total compensation at TRI-COUNTY FARMERS MUTUAL INS equaled 0.6% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are TRI-COUNTY FARMERS MUTUAL INS's revenue and expenses?

In 2024, TRI-COUNTY FARMERS MUTUAL INS reported $332k in total revenue and $290k in total expenses on its IRS Form 990.

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