2024-05-15T15:26:54-04:00 2023-12-31 Sandra J Whittaker 21684 State Highway 28 Delhi NY 13753 990 2023-01-01 150311350 Franklin Fire Insurance Co FRAN 6074340148 5191 State Hwy 28 S Oneonta NY 13820 Heather Ross Secretary / Treasurer 6074340148 2024-05-15 false Heather Ross Sandra J Whittaker P00749223 6077463464 X 2023 2023-04-26 12:10:37Z Burton Barnes 733 Case Hill Road Treadwell NY 13846 74544 false X X Co-operative 1881 NY Insure policyholders andcover losses as they occur. 12 0 2 0 0 0 0 0 0 16595 26704 47700 47840 64295 74544 0 0 0 0 51475 46818 0 0 0 31287 33741 82762 80559 -18467 -6015 1179358 1173343 1000 1000 1178358 1172343 To Provide affordable insurance coverage. false false Insure policyholders and cover losses that may occur. false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false 0 0 false 2 false false false false false false false false false false false false false false false false false false false false false false false false false false 12 0 true false false false false false false true true true false false false true true true false false false false false false X Heather Ross 6074340148 5191 State Hwy 28 S Oneonta NY 13820 Heather Ross secretary and director 30 X X X 18963 0 0 Burton Barnes treasurer and director 10 X X X 6200 0 0 Thomas Barnes president and director X X 3897 0 0 James Cary vice president and director X X 3283 0 0 Donald T Smith director X 1850 0 0 Richard Blackman director X 2610 0 0 Beverly Koopmann director X 2200 0 0 Ruth Sickler director X 2200 0 0 Sarah Clevland director X 1750 0 0 Kyle Buel director X 700 0 0 Patricia Terry director X 700 0 0 Richard Yarnes director X 350 0 0 44703 0 0 false false false 0 0 26704 0 0 0 0 0 0 0 0 0 Policyholder Premium 47488 Net Realized Gain 184 Fire Fee Collected 168 47840 74544 0 0 0 44704 2114 2631 46 1003 1000 926 0 1236 Losses Paid & Adjusting Expense 500 Reinsurance Premium 21000 NYIA, URB dues 1688 DFS (includes fire fee collected) 582 3129 0 0 0 80559 0 0 0 7983 17656 272786 156912 0 0 898589 998775 1179358 1173343 1000 1000 1000 1000 1154945 1148893 1178358 1172343 1179358 1173343 -6015 X false false false false false false false false false false false 0 false 0 0 0 0 0 false false false 0 0 0 0 0 0 0 Certificate of Deposits (7) 700000 C US Treasury Note .87% due 11-15-30 98825 C Federal Nat'l Mort .75% due 10-08-27 99948 C Federal Home Loan Bank .60% due 1/28/2026 100000 C 998773 0 0 Net Unpaid Losses 900 Unpaid Loss Adjusting 100 1000 0 0 0 0 0 0 0 0 Page 3, Part VII 3(A) UBS Bank NA 3 yr CD @4.7% $100,000, PNC Bank 1 yr CD @4.5% $100,000, Morgan Stanley Bank 2 yr CD @4.70% $100,000, State Bank India NY 3 yr CD @4.65% $100,000, Page 3, Part VII 3(a) Synchrony Bank 3 yr CD @.85% $100,000, Merrick Bank 3.5 yr CD @.90% $100,000, Discover Bank 2 yr CD @5.00% $100,000 Form 990 Page 6 Part VI Line 2 Burton Barnes and Thomas Barnes are brothers. Kyle Buel is Heather Ross; son-in-law. Form 990 Page 6 Part VI Line 9 Burton G Barnes 733 Case Hill Road Treadwell NY 13846 Form 990 Page 6 Part VI Line 9 Thomas W Barnes 415 County Hwy 14 Treadwell NY 13846 Form 990 Page 6 Part VI Line 9 James R Carey 516 County Hwy 11 Lot 16 Oneonta NY 13820 Form 990 Page 6 Part VI Line 9 Donald T Smith 450 Hodge Rd Franklin NY 13775 Form 990 Page 6 Part VI Line 9 Ruth Sickler 13077 State Highway 357 Franklin NY 13775 Form 990 Page 6 Part VI Line 9 Beverly Koopmann 8310 Cty Hwy 18 Delhi NY 13753 Form 990 Page 6 Part VI Line 9 Richard Blackman 2731 Snake Hill Road Walton NY 13856 Form 990 Page 6 Part VI Line 9 Sarah Cleavland 7375 St Hwy 357 Franklin NY 13775 Form 990 Page 6 Part VI Line 9 Kyle G Buel 3538 St Hwy 357 Unadilla NY 13849 Form 990 Page 6 Part VI Line 9 Patricia Terry 2019 St Hwy 357 Unadilla NY 13849 Form 990 Page 6 Part VI Line 9 Richard Yarnes (passed away 6-1-23) 2563 Freer Hollow Rd Walton NY 13856 Form 990 Page 6 Part VI Line 11a The organization does not review the 990 as it is prepared by the Secretary and Treasurer before it is filed Form 990 Page 6 Part VI Line 12c The organization makes its governing documents and financial statements available to the puclic upon request. Form 990 Page 10 Part IX Line 10 donations $2250, Computer Repair $757.89, Insurance Class $121.50