East Tennessee Mutual Insurance Co in Blountville, Tennessee (TN)

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East Tennessee Mutual Insurance Co
Employer Identification Number (EIN)620198201
Name of OrganizationEast Tennessee Mutual Insurance Co
AddressPO BOX 328, Blountville, TN 37617-0328
ActivitiesMutual insurance company
SubsectionMutual Insurance Company or Assoc. Other Than Life or Marine
Ruling Date09/1988
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$2,488,271
Amount of Income$1,002,646
Form 990 Revenue Amount$364,037


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$364,037
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$253,135
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$109,285
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$1,617
Gross amount from sales of assets other than inventory (Securities / Other)$640,226 / $0
Less: cost or other basis and sales expenses (Securities / Other)$638,609 / $0
Gain or (loss) (Securities / Other)$1,617 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$365,537
Compensation of current officers, directors, trustees, and key employees$83,541
Other salaries and wages$34,195
Payroll taxes$10,039
Professional fundraising services$0
Other$237,762
Balance Sheet (for 2012)
Total assets$2,488,271
Total liabilities$209,132
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$209,132
Total net assets or fund balances$2,279,139
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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