TY 2023 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
NEZ PERCE FARMERS COUNTY MUTUAL FIRE
INSURANCE COMPANY

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 140
Room/suite

City or town, state or province, country, and ZIP or foreign postal code KENDRICK, ID83537

D Employer identification number

82-0191555

E Telephone number

(208) 289-3901

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? NEZ PERCE FARMERS COUNTY MUTUAL FIRE INSURANCE COMPANY IS CURRENTLY THE ONLY MUTUAL INSURANCE COMPANY IN IDAHO. THE ORGANIZATION PROVIDES WIND, HAIL, FIRE, THEFT, AND VADALISM INSURANCE POLICIES TO THEIR MEMBERS AT AN AFFORDABLE COST. THE ORGANIZATION IS OWNED BY ITS POLICY HOLDERS (MEMBERS) WHO ALL RESIDE IN RURAL IDAHO AND ARE LOCATED IN THE COUNTIES OF CLEARWATER, IDAHO, LATAH, LEWIS, AND NEZ PERCE.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 DURING THE YEAR, NEZ PERCE FARMERS COUNTY MUTUAL FIRE INSURANCE COMPANY WROTE AND RENEWED $21,480,866 IN INSURANCE POLICIES FOR ITS MEMBERS. THERE WERE NO NET LOSS CLAIMS DURING THE YEAR. AT YEAR END, THE ORGANIZATION HAD $21,230,866 OF POLICIES IN FORCE TO BENEFIT ITS MEMBERS. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
CHRISTINA H KOSCHSMEIER Treasurer	30.00	38,801
CRISTINA BALES Director	0.25	471
DALE A BARGER Director	0.25	134
DENNIS D BURGESS President	4.00	2,463
CORNELIA M BURGESS Director	0.25	282
PAMELA J STAMPER Director	0.25	94
LAWRENCE H WEMHOFF Vice President	5.00	1,495
NORMA D WEMHOFF Director	0.25	598
JUDY M WHITE Director	0.25	609
YVONNE J WHITE Director	0.25	932
DOUGLAS ASHBURN Director	0.25	0
KATHLEEN UPTMOR Director	0.25	272

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $297
Other Expenses.1002	Office Expenses $1172
Other Expenses.1007	Conferences, Conventions, and Meetings $532
Other Expenses.1012	Insurance $7500
Other Expenses.1	REINSURANCE CEDED $63650
Other Expenses.2	DUES AND SUBSCRIPTIONS $5601
Other Expenses.3	LICENSES $4100
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $17085 Accounts Payable and Accrued Expenses - Ending $14408
Total Liabilities.1003	Deferred Revenue - Beginning $46939 Deferred Revenue - Ending $32193

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $297

Other Expenses.1002

Office Expenses $1172

Other Expenses.1007

Conferences, Conventions, and Meetings $532

Other Expenses.1012

Insurance $7500

Other Expenses.1

REINSURANCE CEDED $63650

Other Expenses.2

DUES AND SUBSCRIPTIONS $5601

Other Expenses.3

LICENSES $4100

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $17085 Accounts Payable and Accrued Expenses - Ending $14408

Total Liabilities.1003

Deferred Revenue - Beginning $46939 Deferred Revenue - Ending $32193

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3	151,283
4	Investment income ....................................	4	3,524
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	154,807

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	11,317
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	291,472
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	302,789

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	23017517
Software Version:	2023v5.0

Software ID:	23017517
Software Version:	2023v5.0

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	54,014
13	Professional fees and other payments to independent contractors ............	13
14	Occupancy, rent, utilities, and maintenance ...................	14	6,624
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	82,852
17	Total expenses. Add lines 10 through 16 .................	17	143,490