Civic Intelligence

Hamel Mutual Insurance Company

EIN 37-0310686 • 501(c)15 • Hamel, IL

Profile

To provide fire and wind coverage in the surrounding counties as prescribed by the illinois department of professional regulation

PO Box 7Hamel, IL 62046
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2023

Net Margin

35th percentile

-6.8%

Higher net margin than 35% of similar nonprofits.

<$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$45,422

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

<$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

60th percentile

6.7%

Faster revenue growth than 60% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $889,920 (-100%) from 2022

Liabilities

Down

$0

Down $213,218 (-100%) from 2022

Net Assets

Down

$0

Down $676,702 (-100%) from 2022

Revenue

Up

$425,969

Up $26,858 (+6.7%) from 2022

Expenses

Up

$455,070

Up $68,436 (+18%) from 2022

Net Income

Down

-$29,101

Down $41,578 (-333%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $956,315Liabilities 2010: $179,567Net Assets 2010: $776,7482010Assets 2011: $839,064Liabilities 2011: $168,491Net Assets 2011: $670,5732011Assets 2012: $793,443Liabilities 2012: $205,654Net Assets 2012: $587,7892012Assets 2013: $782,769Liabilities 2013: $204,193Net Assets 2013: $578,5762013Assets 2014: $815,199Liabilities 2014: $227,277Net Assets 2014: $587,9222014Assets 2015: $859,661Liabilities 2015: $184,736Net Assets 2015: $674,9252015Assets 2016: $855,250Liabilities 2016: $157,079Net Assets 2016: $698,1712016Assets 2017: $780,813Liabilities 2017: $207,257Net Assets 2017: $573,5562017Assets 2018: $849,115Liabilities 2018: $229,104Net Assets 2018: $620,0112018Assets 2019: $855,347Liabilities 2019: $214,429Net Assets 2019: $640,9182019Assets 2020: $896,250Liabilities 2020: $214,552Net Assets 2020: $681,6982020Assets 2021: $937,387Liabilities 2021: $229,371Net Assets 2021: $708,0162021Assets 2022: $889,920Liabilities 2022: $213,218Net Assets 2022: $676,7022022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $568,8752010Expenses 2011: $583,2752011Expenses 2012: $554,9092012Revenue 2013: $489,723Expenses 2013: $513,701Net Income 2013: -$23,9782013Revenue 2014: $509,756Expenses 2014: $498,922Net Income 2014: $10,8342014Revenue 2015: $481,215Expenses 2015: $388,548Net Income 2015: $92,6672015Revenue 2016: $450,274Expenses 2016: $431,273Net Income 2016: $19,0012016Revenue 2017: $431,413Expenses 2017: $573,789Net Income 2017: -$142,3762017Revenue 2018: $421,626Expenses 2018: $353,640Net Income 2018: $67,9862018Revenue 2019: $408,243Expenses 2019: $411,339Net Income 2019: -$3,0962019Revenue 2020: $400,663Expenses 2020: $384,148Net Income 2020: $16,5152020Revenue 2021: $407,714Expenses 2021: $388,300Net Income 2021: $19,4142021Revenue 2022: $399,111Expenses 2022: $386,634Net Income 2022: $12,4772022Revenue 2023: $425,969Expenses 2023: $455,070Net Income 2023: -$29,1012023

Highlighted filing

2023

Revenue$425,969
Expenses$455,070
Net Income-$29,101

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$4.26$4.55$0.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.90$2.13$6.77$3.99$3.87$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.37$2.29$7.08$4.08$3.88$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.96$2.15$6.82$4.01$3.84$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.55$2.14$6.41$4.08$4.11$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.49$2.29$6.20$4.22$3.54$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.81$2.07$5.74$4.31$5.74$1.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.55$1.57$6.98$4.50$4.31$0.19
2015Detailed filing. Detailed filing data is available for this year.$8.60$1.85$6.75$4.81$3.89$0.93
2014Detailed filing. Detailed filing data is available for this year.$8.15$2.27$5.88$5.10$4.99$0.11
2013Detailed filing. Detailed filing data is available for this year.$7.83$2.04$5.79$4.90$5.14$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.93$2.06$5.88$5.55
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.39$1.68$6.71$5.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$1.80$7.77$5.69
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jan 29, 2016
Return Version
2015v2.1
Gross Receipts
$481,215
Mission and Program Overview

Mission

To provide fire and wind coverage in the surrounding counties as prescribed by the illinois department of professional regulation

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$587,922$674,925▲ $87,003
Savings and Temporary Cash Investments$477,292$482,736▲ $5,444
Investments Program Related$172,286$146,722▼ $25,564
Investments in Publicly Traded Securities$117,061$115,556▼ $1,505
Cash and Non-Interest-Bearing Accounts$28,270$100,160▲ $71,890
Land, Buildings, and Equipment, Net$5,937$5,748▼ $189
Accounts Receivable$11,353$5,739▼ $5,614
Total Assets$815,199$859,661▲ $44,462
Other Assets Total$3,000$3,000→ $0
Liabilities
Other Liabilities$221,347$150,734▼ $70,613
Accounts Payable and Accrued Expenses$5,930$34,002▲ $28,072
Total Liabilities$227,277$184,736▼ $42,541
Net Assets / Fund Balance
Total Net Assets Fund Balance$587,922$674,925▲ $87,003
Total Liabilities and Net Assets / Fund Balance$815,199$859,661▲ $44,462

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,748$22,846$28,594
Investment Program Related Org$146,722--
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William MeyerSecretarytreasurerFT$30,000$30,000
Wayne RuehrupPresident-$1,600$1,600
C Phil EngelkeDirector-$450$450
Carl BeckerDirector-$450$450
Frederick SchulteDirector-$450$450
Robert HenkeDirector-$450$450
Terry AlbrechtDirector-$450$450
Steven GartnerVice President-$150$150

Board Members and Trustees

NameTitle
Dennis ReisingDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$463,616
Investment Income
$17,599
Other Revenue
$0
Change in Net Assets
$92,667

Audited Revenue Reconciliation

Revenue per Audited Statements
$492,543
Revenue Not Reported on Form 990
$-5,664
Total Revenue per Audited Statements
$486,879
Total Revenue per Form 990
$492,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$323,861
Salaries, Compensation, and Employee Benefits$64,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$191,963--$191,963
Current Officers, Directors, Trustees, and Key Employees$30,400--$30,400
Other Salaries and Wages$29,620--$29,620
Office Expenses$11,285--$11,285
Fees for Services Accounting$10,400--$10,400
Insurance$8,471--$8,471
All Other Expenses$5,643--$5,643
Payroll Taxes$4,862--$4,862
Occupancy$4,282--$4,282
Advertising$3,434--$3,434
Conferences and Meetings$3,243--$3,243
Depreciation Depletion$189--$189
Benefits to Members$-195--$-195
Total Functional Expenses$388,548$0$0$388,548

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$388,548
Total Expenses per Audited Statements$388,548
Total Expenses per Form 990$388,548
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Premium$129,234
Losses Payable$21,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Farm mutual insurance company which provides insurance to the policyholders

Member election for additional members Part VI line 7A

Policyholders may vote on officers and directors

Governing body decisions Part VI line 7B

Policyholders may vote on certain actions proposed at meetings

Form 990 governing body review Part VI line 11

A copy of the 990 was provided to the secretary/treasurer for review and approval before filing

Governing documents etc available to public Part VI line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hamel Mutual Insurance Company
EIN
37-0310686
Address
PO BOX 7, HAMEL, IL 62046

Signing Officer

Name
William Meyer
Title
Secretarytreas
Phone
6186332221
Signed
2016-01-29
Discuss with paid preparer
Yes

Organization Details

Formed
1872
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
2

Preparer

Firm
Patton & Company Pc
Address
PO BOX 458, Hillsboro, IL 62049
Preparer
R M Patton
Phone
2175323825
Supplemental Narrative

Additional Explanations

General explanation attachment

Losseslosses paid $ 103,364less salvage & reins (38,059)net losses paid 65,305unpaid losses cy 21,500unpaid losses py (127,000)reins recov unpaid cy (-)reins recov unpaid py 40,000net losses incurred (195) premiums premiums collected 431,007unearned premium py 134,347unearned premium cy (129,234)premiums earned 436,120 investment income investment income received 17,566accrued interest cy 2,942accrued interest py (2,909)investment income earned 17,599

Raw XML Appendix368 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/OtherSalariesAndWagesGrp/ProgramServicesAmt029620
IRS990/OtherSalariesAndWagesGrp/TotalAmt029620
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04862
IRS990/PayrollTaxesGrp/TotalAmt04862
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0524126
IRS990/ProgramServiceRevenueGrp/BusinessCd1524126
IRS990/ProgramServiceRevenueGrp/Desc0PREMIUMS
IRS990/ProgramServiceRevenueGrp/Desc1POLICY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0436120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt127496
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0436120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt127496
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt083596
IRS990/PYInvestmentIncomeAmt021120
IRS990/PYOtherExpensesAmt0348703
IRS990/PYProgramServiceRevenueAmt0488636
IRS990/PYRevenuesLessExpensesAmt010834
IRS990/PYSalariesCompEmpBnftPaidAmt066623
IRS990/PYTotalExpensesAmt0498922
IRS990/PYTotalRevenueAmt0509756
IRS990/ReconcilationRevenueExpnssAmt092667
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0587922
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0674925
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0477292
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0482736
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0388548
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0146722
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0US GOVERNMENT BONDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-5664
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NAMICO STOCK
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05748
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022846
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028594
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOSSES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED PREMIUM
IRS990ScheduleD/RevenueNotReportedAmt0-5664
IRS990ScheduleD/RevenueSubtotalAmt0492543
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05748
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03000
IRS990ScheduleD/TotalBookValueProgramRltdAmt0146722
IRS990ScheduleD/TotalExpensesPerForm990Amt0388548
IRS990ScheduleD/TotalLiabilityAmt0150734
IRS990ScheduleD/TotalRevenuePerForm990Amt0492543
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0486879
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0388548
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FARM MUTUAL INSURANCE COMPANY WHICH PROVIDES INSURANCE TO THE POLICYHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POLICYHOLDERS MAY VOTE ON OFFICERS AND DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICYHOLDERS MAY VOTE ON CERTAIN ACTIONS PROPOSED AT MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 WAS PROVIDED TO THE SECRETARY/TREASURER FOR REVIEW AND APPROVAL BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LOSSESLOSSES PAID $ 103,364LESS SALVAGE & REINS (38,059)NET LOSSES PAID 65,305UNPAID LOSSES CY 21,500UNPAID LOSSES PY (127,000)REINS RECOV UNPAID CY (-)REINS RECOV UNPAID PY 40,000NET LOSSES INCURRED (195) PREMIUMS PREMIUMS COLLECTED 431,007UNEARNED PREMIUM PY 134,347UNEARNED PREMIUM CY (129,234)PREMIUMS EARNED 436,120 INVESTMENT INCOME INVESTMENT INCOME RECEIVED 17,566ACCRUED INTEREST CY 2,942ACCRUED INTEREST PY (2,909)INVESTMENT INCOME EARNED 17,599
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0815199
IRS990/TotalAssetsEOYAmt0859661
IRS990/TotalAssetsGrp/BOYAmt0815199
IRS990/TotalAssetsGrp/EOYAmt0859661
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0388548
IRS990/TotalFunctionalExpensesGrp/TotalAmt0388548
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0227277
IRS990/TotalLiabilitiesEOYAmt0184736
IRS990/TotalLiabilitiesGrp/BOYAmt0227277
IRS990/TotalLiabilitiesGrp/EOYAmt0184736
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0587922
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0674925
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0388548
IRS990/TotalProgramServiceRevenueAmt0463616
IRS990/TotalReportableCompFromOrgAmt034000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0481215
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0481215
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0815199
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0859661
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM MEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARYTREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum06186332221
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMEL MUTUAL INSURANCE COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0HAME
ReturnHeader/Filer/EIN0370310686
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7
ReturnHeader/Filer/USAddress/CityNm0HAMEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062046
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364167203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 458
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hillsboro
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062049
ReturnHeader/PreparerPersonGrp/PhoneNum02175323825
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R M Patton
ReturnHeader/ReturnTs02016-02-09T09:28:43-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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