Civic Intelligence

Widner Mutual Fire Ins Assn

990 • Fiscal year 2019 • EIN 35-1066427

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 07, 2020

PO Box 27Freelandville, IN 47535

(812) 328-2133

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.40x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Source year 2019

Net Margin

88th percentile

45%

Higher net margin than 88% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$30,677

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2019 filings • $1M-$5M nonprofits • Source year 2019

Asset Growth

60th percentile

5.4%

Faster asset growth than 60% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

4.2%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,520,926

Up $180,321 (+5.4%) from 2018

Net Assets

Up

$3,358,857

Up $176,393 (+5.5%) from 2018

Liabilities

Up

$162,069

Up $3,928 (+2.5%) from 2018

Revenue

Up

$408,250

Up $16,529 (+4.2%) from 2018

Expenses

Up

$224,954

Up $29,003 (+15%) from 2018

Net Income

Down

$183,296

Down $12,474 (-6.4%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,215,533Liabilities 2010: $139,288Net Assets 2010: $2,076,2452010Assets 2011: $2,311,911Liabilities 2011: $177,345Net Assets 2011: $2,134,5662011Assets 2012: $2,408,975Liabilities 2012: $207,844Net Assets 2012: $2,201,1312012Assets 2013: $2,535,214Liabilities 2013: $230,652Net Assets 2013: $2,304,5622013Assets 2014: $2,658,032Liabilities 2014: $205,055Net Assets 2014: $2,452,9772014Assets 2015: $2,798,162Liabilities 2015: $140,427Net Assets 2015: $2,657,7352015Assets 2016: $2,934,911Liabilities 2016: $147,485Net Assets 2016: $2,787,4262016Assets 2017: $3,141,652Liabilities 2017: $156,560Net Assets 2017: $2,985,0922017Assets 2018: $3,340,605Liabilities 2018: $158,141Net Assets 2018: $3,182,4642018Assets 2019: $3,520,926Liabilities 2019: $162,069Net Assets 2019: $3,358,8572019Assets 2020: $3,622,326Liabilities 2020: $152,480Net Assets 2020: $3,469,8462020Assets 2021: $3,820,124Liabilities 2021: $156,586Net Assets 2021: $3,663,5382021Assets 2022: $3,961,395Liabilities 2022: $133,481Net Assets 2022: $3,827,9142022

Highlighted filing

2019

Assets$3,520,926
Liabilities$162,069
Net Assets$3,358,857

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0Expenses 2010: $190,2322010Expenses 2011: $190,2022011Expenses 2012: $191,5422012Revenue 2013: $282,795Expenses 2013: $179,364Net Income 2013: $103,4312013Revenue 2014: $332,680Expenses 2014: $210,622Net Income 2014: $122,0582014Revenue 2015: $335,289Expenses 2015: $195,841Net Income 2015: $139,4482015Revenue 2016: $354,103Expenses 2016: $220,880Net Income 2016: $133,2232016Revenue 2017: $368,348Expenses 2017: $165,816Net Income 2017: $202,5322017Revenue 2018: $391,721Expenses 2018: $195,951Net Income 2018: $195,7702018Revenue 2019: $408,250Expenses 2019: $224,954Net Income 2019: $183,2962019Revenue 2020: $401,266Expenses 2020: $296,767Net Income 2020: $104,4992020Revenue 2021: $472,736Expenses 2021: $262,951Net Income 2021: $209,7852021Revenue 2022: $447,315Expenses 2022: $314,692Net Income 2022: $132,6232022

Highlighted filing

2019

Revenue$408,250
Expenses$224,954
Net Income$183,296
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 7, 2020
Return Version
2019v5.1
Gross Receipts
$408,250
Mission and Program Overview

Mission

The entity is a 501(c)(15) mutual insurance company

The entity is a 501(c)(15)mutual insurance company

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,146,241$2,239,241▲ $93,000
Savings and Temporary Cash Investments$943,483$749,089▼ $194,394
Other Notes and Loans Receivable, Net$83,000$259,500▲ $176,500
Cash and Non-Interest-Bearing Accounts$148,980$257,171▲ $108,191
Land, Buildings, and Equipment, Net$589$563▼ $26
Total Assets$3,340,605$3,520,926▲ $180,321
Other Assets Total$18,312$15,362▼ $2,950
Liabilities
Deferred Revenue$109,079$115,292▲ $6,213
Accounts Payable and Accrued Expenses$47,194$44,911▼ $2,283
Other Liabilities$1,868$1,866▼ $2
Total Liabilities$158,141$162,069▲ $3,928
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,182,464$3,358,857▲ $176,393
Total Net Assets Fund Balance$3,182,464$3,358,857▲ $176,393
Total Liabilities and Net Assets / Fund Balance$3,340,605$3,520,926▲ $180,321

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,057$1,057
Buildings$563$437$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cynthia SchuckmanSec/treasPT$30,677$30,677
Michael LeydetKey Employee-$11,639$11,639
William AlbrechtPresidentPT$1,200$1,200
Bruce PepmeierVice Pres.-$1,200$1,200
Dennis KahreDirector-$375$375
Don PiperDirector-$375$375
Harley HagemeierDirector-$375$375
Terry PerkinsDirector-$375$375
Bill BrocksmithDirector-$300$300
John TelligmanDirector-$300$300
Paul SchroederDirector-$300$300
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$264,454
Investment Income
$143,796
Other Revenue
$0
Change in Net Assets
$183,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$174,461
Salaries, Compensation, and Employee Benefits$50,493
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$16,814$30,302-$47,116
All Other Expenses$28,752--$28,752
Other Expenses$14,099--$14,099
Insurance$7,640--$7,640
Advertising$4,083--$4,083
Payroll Taxes$1,059$2,318-$3,377
Occupancy$2,480--$2,480
Conferences and Meetings$2,120--$2,120
Travel$1,873--$1,873
Office Expenses$1,828--$1,828
Information Technology$1,818--$1,818
Fees for Services Accounting$1,225--$1,225
Fees for Services Lobbying$720--$720
Depreciation Depletion$26--$26
Total Functional Expenses$192,334$32,620$0$224,954
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Withheld Payroll Taxes$1,111
Accrued Real Estate Tax$755
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Reviewed by office manager and select board members

Form 990, Part VI, Section C, Line 19

UPON REASONABLE REQUEST

Filing and Contact Details

Filer

Filer Name
Widner Mutual Fire Ins Assn
EIN
35-1066427
Phone
8123282133
Address
PO BOX 27, FREELANDVILLE, IN 47535

Signing Officer

Name
William Albrecht
Title
President
Phone
8123282133
Signed
2020-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Albrecht
Formed
1983
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
0

Preparer

Firm
Kemper CPA Group Llp
Address
P O BOX 297, VINCENNES, IN 47591-0297
Preparer
Kyle a Telligman
Phone
8128827730
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Wind losses: program service expenses 8,949. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,949. State income tax: program service expenses 7,877. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,877. Donations: program service expenses 6,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,150. Dues & fees: program service expenses 2,784. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,784. Miscellaneous: program service expenses 1,326. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,326. Mine subsidence: program service expenses 829. Management and general expenses 0. Fundraising expenses 0. Total expenses 829. Property tax: program service expenses 755. Management and general expenses 0. Fundraising expenses 0. Total expenses 755. Education: program service expenses 82. Management and general expenses 0. Fundraising expenses 0. Total expenses 82.

FORM 990, PART XI, LINE 9:

Cash/accrual adjustment -6,903.

Raw XML Appendix380 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0943483
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0749089
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0563
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0437
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01057
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1755
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0WITHHELD PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED REAL ESTATE TAX
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0563
IRS990ScheduleD/TotalLiabilityAmt01866
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY OFFICE MANAGER AND SELECT BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REASONABLE REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WIND LOSSES: PROGRAM SERVICE EXPENSES 8,949. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,949. STATE INCOME TAX: PROGRAM SERVICE EXPENSES 7,877. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,877. DONATIONS: PROGRAM SERVICE EXPENSES 6,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,150. DUES & FEES: PROGRAM SERVICE EXPENSES 2,784. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,784. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 1,326. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,326. MINE SUBSIDENCE: PROGRAM SERVICE EXPENSES 829. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 829. PROPERTY TAX: PROGRAM SERVICE EXPENSES 755. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 755. EDUCATION: PROGRAM SERVICE EXPENSES 82. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CASH/ACCRUAL ADJUSTMENT -6,903.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03340605
IRS990/TotalAssetsEOYAmt03520926
IRS990/TotalAssetsGrp/BOYAmt03340605
IRS990/TotalAssetsGrp/EOYAmt03520926
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032620
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0192334
IRS990/TotalFunctionalExpensesGrp/TotalAmt0224954
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0158141
IRS990/TotalLiabilitiesEOYAmt0162069
IRS990/TotalLiabilitiesGrp/BOYAmt0158141
IRS990/TotalLiabilitiesGrp/EOYAmt0162069
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03182464
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03358857
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0224954
IRS990/TotalProgramServiceRevenueAmt0264454
IRS990/TotalReportableCompFromOrgAmt047116
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0408250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0408250
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03340605
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03520926
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01873
IRS990/TravelGrp/TotalAmt01873
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09826 N ALBRECHT RD
IRS990/USAddress/CityNm0BICKNELL
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047512
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM ALBRECHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08123282133
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WIDNER MUTUAL FIRE INS ASSN
ReturnHeader/Filer/BusinessNameControlTxt0WIDN
ReturnHeader/Filer/EIN0351066427
ReturnHeader/Filer/PhoneNum08123282133
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 27
ReturnHeader/Filer/USAddress/CityNm0FREELANDVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047535
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00AACE4356B034BE408A051CA9657E964A844DC3F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D4B80D97FD93F2876E05475C81F2C5A3364D9298
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.175.157.67
ReturnHeader/FilingSecurityInformation/IPDt02020-04-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:21:32
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0370818432
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KEMPER CPA GROUP LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 297
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VINCENNES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0475910297
ReturnHeader/PreparerPersonGrp/PhoneNum08128827730
ReturnHeader/PreparerPersonGrp/PreparationDt02020-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KYLE A TELLIGMAN
ReturnHeader/ReturnTs02020-04-27T11:39:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.13$3.83$0.45$0.31$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.16$3.66$0.47$0.26$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.15$3.47$0.40$0.30$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.52$0.16$3.36$0.41$0.22$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.16$3.18$0.39$0.20$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.16$2.99$0.37$0.17$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.15$2.79$0.35$0.22$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.80$0.14$2.66$0.34$0.20$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.66$0.21$2.45$0.33$0.21$0.12
2013Detailed filing. Detailed filing data is available for this year.$2.54$0.23$2.30$0.28$0.18$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.21$2.20$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.18$2.13$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.14$2.08$0.19