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EIN 35-0977502

The Sauers Mutual Insurance Company

IRS 501(c) type
501(c)(15)
Num. employees
3
City
Columbus
State
Indiana
Year formed
1909
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Sauers Mutual Insurance Company insures the property of its members against loss or damage by collision, fire, lightning, theft or wind. It operates in four counties in south central Indiana and provides insurance for farm property such as grain, hay, livestock and machinery. As of 2022, the company had 142 insurance policies in force.
Total revenues
$330,168
2023
Total expenses
$225,530
2023
Total assets
$2,587,616
2023
Num. employees
3
2023

Program areas at The Sauers Mutual Insurance Company

The Sauers Mutual Insurance Company operates in four counties in south central Indiana insuring its members' farm property including grain, hay, livestock and machinery. In 2023, The Company had 133 Insurance policies in force.

Financials for The Sauers Mutual Insurance Company

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$183,447
Investment income and dividends$142,578
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,193
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,950
Total revenues$330,168

Organizations like The Sauers Mutual Insurance Company

OrganizationLocationRevenue
Martinsburg Mutual InsuranceMartinsburg, MO$1,276,852
Mcminn County Farmers Mutual Insurance CompanyAthens, TN$361,430
Payson Farmers Mutual InsurancePayson, IL$636,373
Hancock County AssessmentHawesville, KY$155,661
Farmers Mutual Fire Insurance CompanyVerona, KY$622,701
Svea Mutual Insurance AssociationSwedesburg, IA$546,441
Moe Urness Lund Mutual Insurance CompanyBrandon, MN$466,305
Rockbridge Mutual Fire Insurance CompanyLexington, VA$201,830
New Munich Mutual Insurance CompanySauk Centre, MN$594,623
Floyd County Mutual Fire InsuranceFloyd, VA$220,928
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Updated personnel
Identified 1 new personnel
February 26, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 20, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
8300 W Spray Rd
Columbus, IN 47201
Metro area
Columbus, IN
County
Bartholomew County, IN
Phone
(812) 371-9485
IRS details
EIN
35-0977502
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1909
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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