Tri-county Mutual Town Insurance Company
501(c)(15)
Only null% goes to programs Strong reserves Declining revenue
Tri-county Mutual Town Insurance Company is a 501(c)(15) organization based in Iron River, Wisconsin, registered in 1935, with $338,785 in FY2023 revenue. CharityIndex grades it F.
Po Box 157, Iron River, WI, 54847 EIN 39-0663760 Since 1935
Revenue (FY2023)
$339K
▼ 11.9% vs prior year
Expenses (FY2023)
$556K
Net assets
$420K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-county Mutual Town Insurance Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating9 mo reserves · -64% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-county Mutual Town Insurance Company: 9 mo reserves · -64% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-county Mutual Town Insurance Company— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-county Mutual Town Insurance Company: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 157, Iron River, WI, 54847
- City
- Iron River
- State
- Wisconsin
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $400K (FY2013) to $339K (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $174KNet assets $420K
Operating margin
-64.2%
Spent more than it raised in the latest fiscal year.
Total assets
$594K
Total liabilities
$174K
Net assets
$420K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $338,785▼11.9% | $556,153▲17.8% | $420,107▼46.2% | $593,748▼38.1% | 990 |
| 2022 | $384,550▼3.8% | $472,109▲21.8% | $781,241▼14.3% | $959,758▼8.0% | 990 |
| 2021 | $399,822▼16.1% | $387,490▼25.2% | $911,187▲0.4% | $1,043,149▼4.3% | 990 |
| 2020 | $476,531▲19.3% | $517,812▲27.7% | $908,003▼6.4% | $1,089,665▼1.7% | 990 |
| 2019 | $399,374▲1.4% | $405,473▲26.5% | $969,994▼0.9% | $1,108,474▼1.1% | 990 |
| 2018 | $393,914▲2.9% | $320,523▲0.9% | $978,977▲9.3% | $1,120,855▲8.0% | 990 |
| 2017 | $382,885▼16.1% | $317,683▼25.9% | $895,477▲12.6% | $1,038,085▲10.3% | 990 |
| 2016 | $456,582▼5.7% | $428,855▼10.1% | $795,486▲10.0% | $940,996▲4.7% | 990 |
| 2015 | $484,131▲21.0% | $477,043▲17.5% | $722,942▲12.2% | $898,506▲14.8% | 990 |
| 2013 | $400,139 | $405,990▼1.4% | $644,565▼0.4% | $782,661▼2.8% | 990 |
| 2012 | — | $411,742 | $647,233 | $805,031 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Tri-county Mutual Town Insurance Company a legitimate nonprofit?
- Yes. Tri-county Mutual Town Insurance Company is a 501(c)(15) organization registered with the U.S. Internal Revenue Service under EIN 39-0663760, based in Iron River, Wisconsin.
- What is Tri-county Mutual Town Insurance Company's EIN?
- Tri-county Mutual Town Insurance Company's Employer Identification Number (EIN) is 39-0663760.
- How much revenue does Tri-county Mutual Town Insurance Company report?
- Tri-county Mutual Town Insurance Company reported $338,785 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Tri-county Mutual Town Insurance Company have?
- CharityIndex grades Tri-county Mutual Town Insurance Company F, based on financial health (reserves and operating margin).
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Data for Tri-county Mutual Town Insurance Company (EIN 39-0663760) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.