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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Mutual & Membership Benefit Southern Mutual Church Insurance CO

Southern Mutual Church Insurance CO

Fiscal year ending 2023. Filed on May 13, 2024.

PO Box 9346
Columbia, South Carolina 29290

Southern Mutual Church Insurance CO (EIN: 57-0251155) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Southern Mutual Church Insurance CO, a 501(c)(4) civic league or social welfare organization, reported compensation for 4 out of 61 total employees. Among the employees shown here, the average compensation is $250,312. The highest compensated employee at Southern Mutual Church Insurance CO is Robert A Bates with fiscal year 2023 compensation of $426,540.

Revenue, expenses, and employee compensation

Revenue

$73,780,868

Expenses

$87,585,073

Employee compensation

$5,924,142
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert A Bates
President and Chief Executive Officer
$426,540
$378,208 No related comp$48,332
Phillip R Frazier
Chief Financial Officer
$220,630
$200,600 No related comp$20,030
David F Karns
Vice President
$181,225
$164,810 No related comp$16,415
Mark M Kesser
Vice President
$172,851
$157,390 No related comp$15,461

Benchmark Employee Compensation

Non-Employee Board Members

Thomas G Earle
Director
$18,850
$18,850 No related compNo other comp
Robert E Scarborough
Director
$14,850
$14,850 No related compNo other comp
Whittaker V Middleton
Director
$12,600
$12,600 No related compNo other comp
Wanda L Sylvester
Director
$12,500
$12,500 No related compNo other comp
Leland G Rollins III
Director
$12,200
$12,200 No related compNo other comp
Thomas F Cordray
Director
$11,800
$11,800 No related compNo other comp
David J Charpia
Director
$11,400
$11,400 No related compNo other comp
William M Myers
Director
$11,400
$11,400 No related compNo other comp
Elizabeth L Brabham
Director
$11,400
$11,400 No related compNo other comp
Jackie G Jenkins
Director
$11,400
$11,400 No related compNo other comp
Thomas C Alexander
Director
$11,400
$11,400 No related compNo other comp

Mission Statement

TO BENEFIT THE SOCIAL WELFARE OF COMMUNITIES BY PROVIDING NECESSARY SERVICES, INCLUDING MANAGEMENT AND FACILITIES, FOR THE SOLE AND EXCLUSIVE BENEFIT OF MEMBER CHURCHES TO PROTECT THEIR PROPERTY AGAINST LOSS BY FIRE, LIGHTNING, WINDSTORM, ARSON AND LIABILITY AT THE LOWEST FEASIBLE COST. TO PROMOTE SAFETY CONSCIOUSNESS THROUGH LOSS CONTROL, INSPECTION SERVICES AND POLICYHOLDER EDUCATION IN ORDER TO MINIMIZE LOSSES. TO PROVIDE FINANCIAL ASSISTANCE WITH MEMBER-CHURCH MORTGAGE LOANS AT LOWER THAN PREVAILING INTEREST RATES AND BETTER TERMS.

Revisions to this organization profile

May 13, 2024:
2023 Southern Mutual Church Insurance CO 990 filed
May 10, 2023:
2022 Southern Mutual Church Insurance CO 990 filed
May 11, 2022:
2021 Southern Mutual Church Insurance CO 990 filed

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