Nonprofits›New Munich Mutual Insurance Company
New Munich Mutual Insurance Company
SAUK CENTRE, MN
Total revenue
$670K
Total expenses
$525K
Net assets
$1.5M
Grants received
—
EIN
410852310
Tax year
2024
Mission
The organizaton provides property casualty insurance coverage for farmers and homeowners in rural minnesota under irc 501(c)(15) and minnesota statute 67a
Programs
1 program
We have provided property insurance for our members per mn statute 67a and irc 501(c)(15). Number of members: 562, insurance in force:556,392,037.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$636K
Investment income$34K
Other revenue—
Total revenue$670K
Expenses
Grants paid—
Salaries & benefits$78K
Fundraising—
Other expenses$322K
Total expenses$525K
Total assets$1.9M
Net assets$1.5M
People
6 listed
NameRoleCompensation
VICTOR UPHOFF
PRESIDENT
Board
$1K
2 hrs/wk
DAVID EHLERT
TREASURER/SE
Board
$800
2 hrs/wk
TIMOTHY MEYERS
VICE-PRESIDE
Board
—
2 hrs/wk
DANIEL SCHULTZETENBERG
DIRECTOR
Board
—
2 hrs/wk
STEVE WIECHMAN
DIRECTOR
Board
—
2 hrs/wk
MIKE ZIERDEN
DIRECTOR
Board
—
2 hrs/wk
Details
EIN410852310
Subsection15
Ruling date1941-04
Formed1927
Employees5