Civic Intelligence

German Farmers Mutual Fire Insurance Company

EIN 41-0275579 • 501(c)15 • Scandia, MN

Profile

The organization provides property casualty insurance coverage for farmers and homeowners in rural Minnesota under IRC Section 501(c)(15) and Minnesota statute 67A.

PO Box 189Scandia, MN 55073
Siviq Scores

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

Liabilities / Assets

61st percentile

0.07x

Higher debt load relative to assets than 61% of similar nonprofits.

$1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.30x

Higher debt load relative to revenue than 78% of similar nonprofits.

$1M-$5M nonprofits • Source year 2022

Net Margin

48th percentile

4.3%

Higher net margin than 48% of similar nonprofits.

$1M-$5M nonprofits • Source year 2022

Top Officer Pay

66th percentile

$75,350

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 25.4% of source-year revenue.

$1M-$5M nonprofits • Source year 2022

Asset Growth

43rd percentile

0.9%

Faster asset growth than 43% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

1.4%

Faster revenue growth than 37% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$1,296,887

Up $11,771 (+0.9%) from 2021

Liabilities

Down

$89,630

Down $636 (-0.7%) from 2021

Net Assets

Up

$1,207,257

Up $12,407 (+1.0%) from 2021

Operations
Liabilities / Revenue78th percentileNet Margin48th percentile

Revenue

Up

$296,311

Up $4,087 (+1.4%) from 2021

Expenses

Down

$283,633

Down $116,323 (-29%) from 2021

Net Income

Up

$12,678

Up $120,410 (+112%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,451,244Liabilities 2011: $115,735Net Assets 2011: $1,335,5092011Assets 2012: $1,465,323Liabilities 2012: $95,378Net Assets 2012: $1,369,9452012Assets 2013: $1,487,263Liabilities 2013: $92,976Net Assets 2013: $1,394,2872013Assets 2014: $1,511,651Liabilities 2014: $102,867Net Assets 2014: $1,408,7842014Assets 2015: $1,448,722Liabilities 2015: $118,015Net Assets 2015: $1,330,7072015Assets 2016: $1,462,064Liabilities 2016: $116,505Net Assets 2016: $1,345,5592016Assets 2017: $1,426,913Liabilities 2017: $97,929Net Assets 2017: $1,328,9842017Assets 2018: $1,434,692Liabilities 2018: $99,739Net Assets 2018: $1,334,9532018Assets 2019: $1,353,471Liabilities 2019: $112,546Net Assets 2019: $1,240,9252019Assets 2020: $1,402,439Liabilities 2020: $100,512Net Assets 2020: $1,301,9272020Assets 2021: $1,285,116Liabilities 2021: $90,266Net Assets 2021: $1,194,8502021Assets 2022: $1,296,887Liabilities 2022: $89,630Net Assets 2022: $1,207,2572022

Highlighted filing

2022

Assets$1,296,887
Liabilities$89,630
Net Assets$1,207,257
Open 2022 Filing

Operations Trend

Revenue Growth37th percentile

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

$400K$200K$0-$200KRevenue 2011: $281,965Expenses 2011: $280,511Net Income 2011: $1,4542011Revenue 2012: $285,313Expenses 2012: $253,219Net Income 2012: $32,0942012Revenue 2013: $293,229Expenses 2013: $271,743Net Income 2013: $21,4862013Revenue 2014: $285,377Expenses 2014: $271,971Net Income 2014: $13,4062014Revenue 2015: $289,789Expenses 2015: $369,466Net Income 2015: -$79,6772015Revenue 2016: $289,801Expenses 2016: $275,744Net Income 2016: $14,0572016Revenue 2017: $288,559Expenses 2017: $303,846Net Income 2017: -$15,2872017Revenue 2018: $294,878Expenses 2018: $289,553Net Income 2018: $5,3252018Revenue 2019: $289,446Expenses 2019: $369,618Net Income 2019: -$80,1722019Revenue 2020: $294,390Expenses 2020: $246,578Net Income 2020: $47,8122020Revenue 2021: $292,224Expenses 2021: $399,956Net Income 2021: -$107,7322021Revenue 2022: $296,311Expenses 2022: $283,633Net Income 2022: $12,6782022

Highlighted filing

2022

Revenue$296,311
Expenses$283,633
Net Income$12,678
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,296,887
Liabilities
$89,630
Net assets
$1,207,257
Revenue
$296,311
Expenses
$283,633
Net income
$12,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.30$0.09$1.21$0.30$0.28$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.09$1.19$0.29$0.40$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.10$1.30$0.29$0.25$0.05
2019Summary only. Only limited summary data is available for this year.$1.35$0.11$1.24$0.29$0.37$0.08
2018Summary only. Only limited summary data is available for this year.$1.43$0.10$1.33$0.29$0.29$0.01
2017Summary only. Only limited summary data is available for this year.$1.43$0.10$1.33$0.29$0.30$0.02
2016Summary only. Only limited summary data is available for this year.$1.46$0.12$1.35$0.29$0.28$0.01
2015Summary only. Only limited summary data is available for this year.$1.45$0.12$1.33$0.29$0.37$0.08
2014Summary only. Only limited summary data is available for this year.$1.51$0.10$1.41$0.29$0.27$0.01
2013Summary only. Only limited summary data is available for this year.$1.49$0.09$1.39$0.29$0.27$0.02
2012Summary only. Only limited summary data is available for this year.$1.47$0.10$1.37$0.29$0.25$0.03
2011Summary only. Only limited summary data is available for this year.$1.45$0.12$1.34$0.28$0.28$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 7, 2023
Return Version
2022v4.1
Gross Receipts
$296,311
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,194,850$1,207,257▲ $12,407
Savings and Temporary Cash Investments$1,107,406$1,123,892▲ $16,486
Investments Other Securities$61,500$61,500→ $0
Accounts Receivable$50,059$59,018▲ $8,959
Cash and Non-Interest-Bearing Accounts$41,432$51,629▲ $10,197
Total Assets$1,285,116$1,296,887▲ $11,771
Other Assets Total$24,719$848▼ $23,871
Liabilities
Other Liabilities$78,900$81,717▲ $2,817
Accounts Payable and Accrued Expenses$11,366$7,913▼ $3,453
Total Liabilities$90,266$89,630▼ $636
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,194,850$1,207,257▲ $12,407
Total Liabilities and Net Assets / Fund Balance$1,285,116$1,296,887▲ $11,771

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,500--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Greg R ParentSecretary - TreasurerFT$75,350$75,350
David W KruegerPresidentPT$1,550$1,550
Kevin G KuehnDirector-$350$350
Gordon D TankDirector-$300$300
Doug CahanesDirector-$200$200
Arthur B Schaefer JrDirector deceased-$100$100
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$287,725
Investment Income
$8,586
Other Revenue
$0
Change in Net Assets
$12,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,685
Salaries, Compensation, and Employee Benefits$84,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$101,839--$101,839
Current Officers, Directors, Trustees, and Key Employees---$77,850
Benefits to Members---$16,484
Occupancy---$9,000
Office Expenses---$7,443
Payroll Taxes---$6,023
Information Technology---$5,081
Fees for Services Accounting---$5,017
Fees for Services Legal---$2,113
Insurance---$2,078
Conferences and Meetings---$1,964
Depreciation Depletion---$661
Other Salaries and Wages---$591
Advertising---$330
Total Functional Expenses$0$0$0$283,633
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
Reserve for unearned premium$79,217
Reserve for unpaid losses$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Any person with a current policy is a voting member of the organization.”

Member election for additional members Part VI line 7A

“The policyholders elect 5 to 9 members to serve as directors for a 3 year term at the annual policyholder meeting.”

Form 990 governing body review Part VI line 11

“Form 990 is reviewed and signed by the Secretary / Treasurer of the organization. The full board of directors does not review it prior to filing.”

Conflict of interest policy compliance Part VI line 12C

“The monitoring of compliance with the conflict of interest policy is done through the underwriting and issuance of policy applications, the claims settlement process and an annual discussion and review by management and the board of directors.”

CEO executive director top management comp Part VI line 15A

“Director compensation is determined by the number of meetings attended by the board member.”

Other officer or key employee compensation Part VI line 15B

“The board determines management and staff compensation based upon experience and qualifications.”

Governing documents etc available to public Part VI line 19

“Financial and governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
German Farmers Mutual Fire Insurance Company
EIN
41-0275579
Address
PO Box 189, Scandia, MN 55073
Doing Business As
German Farmers Mutual Fire Ins

Signing Officer

Name
Greg R Parent
Title
Secretary Tre
Phone
6514309861
Signed
2023-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David W Krueger
Formed
1867
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
2

Preparer

Firm
Michael J Kuefler CPA
Address
308 8th Ave S, Sauk Rapids, MN 56379
Preparer
Michael J Kuefler
Phone
3202029802
Supplemental Narrative

Additional Explanations

Other or change in accounting method Part XII line 1

“As a regulated entity, the organization is requred to report using statutory accounting rules as codified in Minnesota Statute 67A and as promulgated by the Department of Commerce of the State of Minnesota. The most significant item of this statutory basis of accounting is the exclusion of non-admitted assets from the reported assets.”

Explanation of other changes in net assets or fund balances Part XI line 9

“The following assets (net of accumulated depreciation) are excluded from Part X as required by statutory accounting rules and Minnesota statute 67A due to non-admitted classification.Furniture and Fixtures 926Total non-admitted assets at the end of the year 926Total non-admitted assets at the beginning of the year 655Change in non-admitted assets (271)”

Raw XML Appendix335 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011366
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07913
IRS990/AccountsReceivableGrp/BOYAmt050059
IRS990/AccountsReceivableGrp/EOYAmt059018
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The organization provides property casualty insurance coverage for farmers and homeowners in rural Minnesota under IRC Section 501(c)(15) and Minnesota statute 67A.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/TotalAmt0330
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt016484
IRS990/BooksInCareOfDetail/PersonNm0Greg R Parent
IRS990/BooksInCareOfDetail/PhoneNum06514309861
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06750 Stillwater Blvd Ste 5
IRS990/BooksInCareOfDetail/USAddress/CityNm0Stillwater
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055082
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt041432
IRS990/CashNonInterestBearingGrp/EOYAmt051629
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077850
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt01964
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt016484
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08586
IRS990/CYOtherExpensesAmt0182685
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0287725
IRS990/CYRevenuesLessExpensesAmt012678
IRS990/CYSalariesCompEmpBnftPaidAmt084464
IRS990/CYTotalExpensesAmt0283633
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0296311
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0661
IRS990/Desc0We have provided property coverage for 226 members, with $201,405,947 of insurance in force.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0German Farmers Mutual Fire Ins
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0283633
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt05017
IRS990/FeesForServicesLegalGrp/TotalAmt02113
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Greg R Parent
IRS990/Form990PartVIISectionAGrp/PersonNm1David W Krueger
IRS990/Form990PartVIISectionAGrp/PersonNm2Kevin G Kuehn
IRS990/Form990PartVIISectionAGrp/PersonNm3Gordon D Tank
IRS990/Form990PartVIISectionAGrp/PersonNm4Doug Cahanes
IRS990/Form990PartVIISectionAGrp/PersonNm5Arthur B Schaefer Jr
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt075350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Secretary - Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director deceased
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01867
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0296311
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt05081
IRS990/InsuranceGrp/TotalAmt02078
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt08586
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08586
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt061500
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt061500
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The organization provides property casualty insurance coverage for farmers and homeowners in rural Minnesota under IRC Section 501(c)(15) and Minnesota statute 67A.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01194850
IRS990/NetAssetsOrFundBalancesEOYAmt01207257
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt09000
IRS990/OfficeExpensesGrp/TotalAmt07443
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024719
IRS990/OtherAssetsTotalGrp/EOYAmt0848
IRS990/OtherChangesInNetAssetsAmt0-271
IRS990/OtherExpensesGrp/Desc0State taxes and fees
IRS990/OtherExpensesGrp/Desc1Premium refunds
IRS990/OtherExpensesGrp/Desc2Commissions and adjusting
IRS990/OtherExpensesGrp/Desc3Reins premiumChange in UEP
IRS990/OtherExpensesGrp/ProgramServicesAmt03871
IRS990/OtherExpensesGrp/ProgramServicesAmt15884
IRS990/OtherExpensesGrp/ProgramServicesAmt237404
IRS990/OtherExpensesGrp/ProgramServicesAmt3101839
IRS990/OtherExpensesGrp/TotalAmt03871
IRS990/OtherExpensesGrp/TotalAmt15884
IRS990/OtherExpensesGrp/TotalAmt237404
IRS990/OtherExpensesGrp/TotalAmt3101839
IRS990/OtherLiabilitiesGrp/BOYAmt078900
IRS990/OtherLiabilitiesGrp/EOYAmt081717
IRS990/OtherSalariesAndWagesGrp/TotalAmt0591
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt06023
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0David W Krueger
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0524126
IRS990/ProgramServiceRevenueGrp/BusinessCd1524126
IRS990/ProgramServiceRevenueGrp/Desc0Premium Income
IRS990/ProgramServiceRevenueGrp/Desc1Premium Refunds
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281841
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15884
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281841
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15884
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0160793
IRS990/PYInvestmentIncomeAmt011934
IRS990/PYOtherExpensesAmt0171302
IRS990/PYProgramServiceRevenueAmt0280290
IRS990/PYRevenuesLessExpensesAmt0-107732
IRS990/PYSalariesCompEmpBnftPaidAmt067861
IRS990/PYTotalExpensesAmt0399956
IRS990/PYTotalRevenueAmt0292224
IRS990/ReconcilationRevenueExpnssAmt012678
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0296311
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01194850
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01207257
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01107406
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01123892
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt179217
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Reserve for unpaid losses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Reserve for unearned premium
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt060000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11500
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Guarantee fund certificates
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NAMICO stock
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueSecuritiesAmt061500
IRS990ScheduleD/TotalLiabilityAmt081717
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any person with a current policy is a voting member of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The policyholders elect 5 to 9 members to serve as directors for a 3 year term at the annual policyholder meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is reviewed and signed by the Secretary / Treasurer of the organization. The full board of directors does not review it prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The monitoring of compliance with the conflict of interest policy is done through the underwriting and issuance of policy applications, the claims settlement process and an annual discussion and review by management and the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Director compensation is determined by the number of meetings attended by the board member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board determines management and staff compensation based upon experience and qualifications.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Financial and governing documents are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7As a regulated entity, the organization is requred to report using statutory accounting rules as codified in Minnesota Statute 67A and as promulgated by the Department of Commerce of the State of Minnesota. The most significant item of this statutory basis of accounting is the exclusion of non-admitted assets from the reported assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The following assets (net of accumulated depreciation) are excluded from Part X as required by statutory accounting rules and Minnesota statute 67A due to non-admitted classification.Furniture and Fixtures 926Total non-admitted assets at the end of the year 926Total non-admitted assets at the beginning of the year 655Change in non-admitted assets (271)
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/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other or change in accounting method Part XII line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01285116
IRS990/TotalAssetsEOYAmt01296887
IRS990/TotalAssetsGrp/BOYAmt01285116
IRS990/TotalAssetsGrp/EOYAmt01296887
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283633
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt090266
IRS990/TotalLiabilitiesEOYAmt089630
IRS990/TotalLiabilitiesGrp/BOYAmt090266
IRS990/TotalLiabilitiesGrp/EOYAmt089630
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01194850
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01207257
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0283633
IRS990/TotalProgramServiceRevenueAmt0287725
IRS990/TotalReportableCompFromOrgAmt077850
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0296311
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0296311
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01285116
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01296887
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Greg R Parent
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary Tre
ReturnHeader/BusinessOfficerGrp/PhoneNum06514309861
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0German Farmers Mutual Fire Insurance Company
ReturnHeader/Filer/BusinessNameControlTxt0GERM
ReturnHeader/Filer/EIN0410275579
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 189
ReturnHeader/Filer/USAddress/CityNm0Scandia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055073
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Michael J Kuefler CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0308 8th Ave S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sauk Rapids
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056379
ReturnHeader/PreparerPersonGrp/PhoneNum03202029802
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael J Kuefler
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-03-11T11:56:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Greg
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Parent
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.