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Scandinavian Mutual Insurance Of Polk County

Organization summary

Type of Nonprofit

Designated as a Mutual insurance companies or associations which provide insurance to members substantially at cost.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$642k (2023)

Expenses
$617k (2023)

Total Assets
$1.81M (2023)

Total Liabilities
$31.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$641,919
Expenses
$616,932
Net Income
$24,987
Net Assets
$1,780,556
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $622,202
96.9%
Investment Income $10,284
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,433
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,914
8.6%
Professional Fundraising Fees $0
Other Salaries and Wages $75,916
12.3%
Assets/Debt
Total Assets $1,811,996
Total Liabilities $31,440
Net Assets $1,780,556
Compensation
Key Employees and Officers Compensation Related Other
Lisa Shoup (Secretary/Treasurer) $50,914 $0 $0
Douglas Jones (President) $2,000 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Mickey Hoffman (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0
Ronald Girard (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$580,599
Expenses
$720,304
Net Income
-$139,705
Net Assets
$1,706,906
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $566,095
97.5%
Investment Income $9,280
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,224
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $123,713
17.2%
Professional Fundraising Fees $0
Other Salaries and Wages $7,511
1.0%
Assets/Debt
Total Assets $1,722,411
Total Liabilities $15,505
Net Assets $1,706,906
Compensation
Key Employees and Officers Compensation Related Other
Lisa Shoup (Secretary/Treasurer) $63,930 $0 $0
Douglas Jones (President) $2,000 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Mickey Hoffman (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

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Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$637,663
Expenses
$629,719
Net Income
$7,944
Net Assets
$1,853,245
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $565,290
88.7%
Investment Income $68,840
10.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,533
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $94,001
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $28,673
4.6%
Assets/Debt
Total Assets $1,865,605
Total Liabilities $12,360
Net Assets $1,853,245
Compensation
Key Employees and Officers Compensation Related Other
Lisa Shoup (Secretary/Treasurer) $55,698 $0 $0
Douglas Jones (President) $1,800 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Ronald Girard (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Mickey Hoffman (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$659,647
Expenses
$502,027
Net Income
$157,620
Net Assets
$1,839,095
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $571,861
86.7%
Investment Income $85,878
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,908
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $74,720
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $37,499
7.5%
Assets/Debt
Total Assets $1,860,645
Total Liabilities $21,550
Net Assets $1,839,095
Compensation
Key Employees and Officers Compensation Related Other
Lisa Shoup (Secretary/Treasurer) $57,102 $0 $950
Douglas Jones (President) $1,800 $0 $600
Colin Petersen (Vice President) $0 $0 $600
Ronald Girard (Board Member) $0 $0 $400
Carl Brown (Board Member) $0 $0 $500
Mickey Hoffman (Board Member) $0 $0 $400
Corwin Hengelfelt (Board Member) $0 $0 $200

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$656,239
Expenses
$404,552
Net Income
$251,687
Net Assets
$1,681,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $582,206
88.7%
Investment Income $53,614
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,419
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,413
13.0%
Professional Fundraising Fees $0
Other Salaries and Wages $51,334
12.7%
Assets/Debt
Total Assets $1,798,258
Total Liabilities $116,783
Net Assets $1,681,475
Compensation
Key Employees and Officers Compensation Related Other
Lisa Shoup (Treasurer) $45,696 $0 $180
Douglas Jones (President) $1,200 $0 $480
Ronald Girard (Secretary) $1,100 $0 $395
Colin Petersen (Vice President) $0 $0 $180
Leonard Anderson (Board Member) $0 $0 $240
Carl Brown (Board Member) $0 $0 $120
Corwin Hengelfelt (Board Member) $0 $0 $120

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$646,261
Expenses
$689,767
Net Income
-$43,506
Net Assets
$1,041,831
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $589,016
91.1%
Investment Income $55,861
8.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,384
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,699
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $36,785
5.3%
Assets/Debt
Total Assets $1,041,831
Total Liabilities $0
Net Assets $1,041,831
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $27,352 $0 $0
Douglas Jones (President) $1,200 $0 $0
Ronald Girard (Secretary) $1,100 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$665,689
Expenses
$790,186
Net Income
-$124,497
Net Assets
$1,136,559
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $631,041
94.8%
Investment Income $32,448
4.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,200
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $61,753
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $10,029
1.3%
Assets/Debt
Total Assets $1,136,559
Total Liabilities $0
Net Assets $1,136,559
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $59,453 $0 $0
Douglas Jones (President) $1,200 $0 $0
Ronald Girard (Secretary) $1,100 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$669,633
Expenses
$424,199
Net Income
$245,434
Net Assets
$1,163,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $636,934
95.1%
Investment Income $30,167
4.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,532
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $64,046
15.1%
Professional Fundraising Fees $0
Other Salaries and Wages $3,089
0.7%
Assets/Debt
Total Assets $1,163,003
Total Liabilities $0
Net Assets $1,163,003
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $61,764 $0 $0
Douglas Jones (President) $1,200 $0 $0
Ronald Girard (Secretary) $1,100 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$668,274
Expenses
$332,783
Net Income
$335,491
Net Assets
$912,651
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $621,213
93.0%
Investment Income $26,284
3.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,777
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $61,849
18.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,448
0.7%
Assets/Debt
Total Assets $912,651
Total Liabilities $0
Net Assets $912,651
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $59,949 $0 $0
Douglas Jones (President) $1,000 $0 $0
Ronald Girard (Secretary) $900 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$525,990
Expenses
$772,381
Net Income
-$246,391
Net Assets
$1,006,780
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $484,904
92.2%
Investment Income $34,324
6.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,762
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $55,007
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,232
0.3%
Assets/Debt
Total Assets $1,006,780
Total Liabilities $0
Net Assets $1,006,780
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $53,107 $0 $0
Douglas Jones (President) $1,000 $0 $0
Ronald Girard (Secretary) $900 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$604,879
Expenses
$484,738
Net Income
$120,141
Net Assets
$1,270,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $489,740
81.0%
Investment Income $47,883
7.9%
Bond Proceeds $58,588
9.7%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,668
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,654
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,013
0.4%
Assets/Debt
Total Assets $1,270,635
Total Liabilities $0
Net Assets $1,270,635
Compensation
Key Employees and Officers Compensation Related Other
Mervin Ransom Jr (Treasurer) $50,754 $0 $0
Douglas Jones (President) $1,000 $0 $0
Ronald Girard (Secretary) $900 $0 $0
Colin Petersen (Vice President) $0 $0 $0
Leonard Anderson (Board Member) $0 $0 $0
Carl Brown (Board Member) $0 $0 $0
Corwin Hengelfelt (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$519,109
Expenses
$453,989
Net Income
$65,120
Net Assets
$1,091,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $450,928
86.9%
Investment Income $30,059
5.8%
Bond Proceeds $30,101
5.8%
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,021
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $49,990
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $2,277
0.5%
Assets/Debt
Total Assets $1,091,961
Total Liabilities $0
Net Assets $1,091,961

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$376,630
Expenses
$528,099
Net Income
-$151,469
Net Assets
$1,026,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $352,399
93.6%
Investment Income $35,382
9.4%
Bond Proceeds -$16,231
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,080
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $42,729
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,809
0.5%
Assets/Debt
Total Assets $1,026,841
Total Liabilities $0
Net Assets $1,026,841

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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