Southern Mutual Church Insurance Company

Low interest rate loans to member churches. Total loans outstanding at 12/31/24 = 783,993 loans are made from available surplus.

Miscellaneous policies provided as a service to members. This type of policy is not available through the company. Smcic cannot always provide protection directly for members' needs and will arrange outside contracts.

Minimal service fees related to premium payment plans. Revenue recognized as program service revenue in part viii with no associated allocated expenses. The company also provides an annual inspection program and safety instructions for each member church as a service to help mitigate losses and protect property and people. This is a free service and no associated revenue or expenses have been allocated. The company provides educational workshops and training programs as a service to help mitigate losses and protect property and people. This a free service and no associated revenue or expenses have been allocated. Expenses 0. Including grants of 0. Revenue 177,124.