Nonprofits›Chisago Lakes-German Farmers Mutual Insurance Company
Chisago Lakes-German Farmers Mutual Insurance Company
SCANDIA, MN
Total revenue
$530K
Total expenses
$534K
Net assets
$2.9M
Grants received
—
EIN
410730582
Tax year
2021
Mission
The organization provides property casualty insurance coverage for farmers and homeowners in rural Minnesota under IRC Section 501(c)(15) and Minnesota statute 67A.
Financials
FY 2021
Revenue
Contributions & grants—
Program service revenue$462K
Investment income$68K
Other revenue—
Total revenue$530K
Expenses
Grants paid—
Salaries & benefits$106K
Fundraising—
Other expenses$284K
Total expenses$534K
Total assets$3.1M
Net assets$2.9M
People
9 listed
NameRoleCompensation
Glenn Carlson
President
Board
$5K
5 hrs/wk
Alan Abrahamson
Treasurer
Board
$4K
2 hrs/wk
Lynn Schultz
Secretary
Board
$4K
2 hrs/wk
Kevin Nickelson
Vice President
Board
$310
1 hrs/wk
James Froberg
Director
Board
$250
1 hrs/wk
John A Nelson
Director
Board
$250
2 hrs/wk
Paula Oehme
Director
Board
$150
1 hrs/wk
James Klinke
Director
Board
$100
1 hrs/wk
Sharon Anderson
Director
Board
$100
1 hrs/wk
Details
EIN410730582
Subsection15
Ruling date1988-05
Formed1867
Employees6