Nonprofit · EIN 35-0977502
SAUERS MUTUAL INSURANCE
Tax-exempt · COLUMBUS, IN 47201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $304,518 | $189,977 | $114,541 | $2,702,157 | $258 | $2,701,899 |
| December 31, 2023 | 990 | $330,168 | $225,530 | $104,638 | $2,587,616 | $258 | $2,587,358 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $200,515
- Investment income
- $104,003
- Net gain from sales of assets
- -$47,890
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $100
- Benefits paid to members
- $38,573
- Compensation of officers, directors and key employees
- $42,350
- Salaries, compensation and benefits (total)
- $43,531
- Professional fundraising fees
- $0
- Accounting fees
- $8,745
- Travel
- $43
Balance sheet and other
- Total assets, start of year
- $2,587,616
- Total assets, end of year
- $2,702,157
- Total liabilities, end of year
- $258
- Net assets, end of year
- $2,701,899
- Publicly traded securities
- $2,150,013
- Gross receipts
- $427,164
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1909
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SHOEMAKER | SECRETARY/DIRECTOR Trustee or director, Officer | 10 | $8,600 |
| MICHAEL SHOEMAKER | PRESIDENT/DIRECTOR Trustee or director, Officer | 15 | $8,600 |
| SUSAN HOLLE | TREASURER/DIRECTOR Trustee or director, Officer | 10 | $8,550 |
| PATRICK RIECKERS | VICE PRESIDENT/DIRECTOR Trustee or director | 10 | $4,300 |
| HAROLD HEIDEMAN | DIRECTOR Trustee or director | 5 | $4,200 |
| MAGGIE NEWKIRK | DIRECTOR Trustee or director | 5 | $4,050 |
| JAY RIECKERS | DIRECTOR Trustee or director | 5 | $4,050 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SHOEMAKER | SECRETARY/DIRECTOR Trustee or director, Officer | 10 | $8,600 |
| SUSAN HOLLE | TREASURER/DIRECTOR Trustee or director, Officer | 10 | $8,600 |
| MICHAEL SHOEMAKER | PRESIDENT/DIRECTOR Trustee or director, Officer | 15 | $8,600 |
| PATRICK RIECKERS | VICE PRESIDENT/DIRECTOR Trustee or director | 10 | $4,600 |
| HAROLD HEIDEMAN | DIRECTOR Trustee or director | 5 | $4,300 |
| MAGGIE NEWKIRK | DIRECTOR Trustee or director | 5 | $4,100 |
| JAY RIECKERS | DIRECTOR Trustee or director | 5 | $4,100 |
Address and contacts
- Address (IRS master file)
- 8300 W SPRAY RD, COLUMBUS, IN 47201-3810
- In care of
- % DORIS HACKMAN
- Principal officer (990 for 2024)
- MICHAEL SHOEMAKER, 3528 CASTLE ROCK COURT, SEYMOUR, IN 47274
- Signed the 990
- SUSAN HOLLE, TREASURER
- Phone
- (812) 371-9485
- Return prepared by
- BLUE & CO LLC
Mission
TO INSURE THE PROPERTY OF THE MEMBERS AGAINST LOSS OR DAMAGE BY COLLISION, FIRE, LIGHTNING, THEFT OR WIND.
Program accomplishments
- THE SAUERS MUTUAL INSURANCE COMPANY OPERATES IN FOUR COUNTIES IN SOUTH CENTRAL INDIANA INSURING ITS MEMBERS' FARM PROPERTY INCLUDING GRAIN, HAY, LIVESTOCK AND MACHINERY. IN 2024, THE COMPANY HAD 126 INSURANCE POLICIES IN FORCE.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-0977502
- Tax-exempt status
- 501(c)(15): Mutual insurance company
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,702,157
- Income (IRS master file)
- $427,164
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $304,518 | $189,977 | $2,702,157 | IRS |
| 990 | December 2023 | $330,168 | $225,530 | $2,587,616 | XML |
| 990 | December 2022 | $686,394 | $586,795 | $2,482,720 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-0977502).
Questions about SAUERS MUTUAL INSURANCE
- What is the EIN of SAUERS MUTUAL INSURANCE?
- The employer identification number (EIN) of SAUERS MUTUAL INSURANCE is 35-0977502.
- Is SAUERS MUTUAL INSURANCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(15) since 1953.
- Are donations to SAUERS MUTUAL INSURANCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SAUERS MUTUAL INSURANCE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SAUERS MUTUAL INSURANCE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAUERS MUTUAL INSURANCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAUERS MUTUAL INSURANCE?
- The 990 for the year ended December 31, 2024 names MICHAEL SHOEMAKER.
- Who are the officers and directors of SAUERS MUTUAL INSURANCE?
- The 990 for the year ended December 31, 2024 lists 7 people; 7 received compensation from the organization, the highest $8,600 (MARK SHOEMAKER, SECRETARY/DIRECTOR).
- How much revenue does SAUERS MUTUAL INSURANCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $304,518, expenses of $189,977 and total assets of $2,702,157 at year end.
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