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Organizations Diseases, Disorders & Medical First Founders Assurance Company

First Founders Assurance Company

Fiscal year ending 2023. Filed on November 5, 2024.

6 Mill Ridge Lane
Chester, New Jersey 07930

First Founders Assurance Company (EIN: 20-1384826) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, First Founders Assurance Company, a 501(c)(15) mutual insurance company or association, reported compensation for 1 employee. Among the employees shown here, the average compensation is $211,621. The highest compensated employee at First Founders Assurance Company is John K Daily with fiscal year 2023 compensation of $211,621.

Revenue, expenses, and employee compensation

Revenue

$562,255

Expenses

$292,635

Employee compensation

$17,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John K Daily
President and Director
$211,621
$4,000 $207,621 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bruce S Haskell
Treasurer and Secretary and Director
$145,705
$4,000 $141,705 No other comp
Richard Ramsay
Director
$4,500
$4,500 No related compNo other comp
Michael P O'Connor
Director
$4,500
$4,500 No related compNo other comp

Mission Statement

THE COMPANY'S PRIMARY BUSINESS IS SURETY WITH A SPECIALIZATION IN PROVIDING UNITED STATES CUSTOMS BONDS AND OTHER FEDERAL BONDS RELATED TO THE IMPORT AND EXPORT INDUSTRY.

Revisions to this organization profile

November 5, 2024:
2023 First Founders Assurance Company 990 filed
October 27, 2023:
2022 First Founders Assurance Company 990 filed
October 27, 2022:
2021 First Founders Assurance Company 990 filed

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