Educators Mutual Insurance Association

Educators Mutual Insurance Association Overview

Educators Mutual Insurance Association is located in Murray, UT. The organization was established in 1941. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2019, Educators Mutual Insurance Association employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Educators Mutual Insurance Association generated $89.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $75.8m during the year ending 12/2019. While expenses have increased by 11.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE LIFE, ACCIDENT, & HEALTH INSURANCE TO EDUCATIONAL GROUPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE LIFE, ACCIDENT, AND HEALTH INSURANCE TO EDUCATIONAL GROUPS.


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Educators Mutual Insurance Association Board, Officers & Key Employees

Name (title)Compensation
Steven C Morrison
Ceo/presiden
$217,119
Michael Greenhalgh
Cfo/treasure
$165,200
David Ryan Lowther
Coo/secretar
$118,147
David Wood
Chief Actuar
$99,693
Cindy Dunnavant
VP Sales & M
$89,660
Joseph Campbell
Cio
$76,112

Educators Mutual Insurance Association Vendors

Vendor Name (Service)Compensation
R&o Construction
Building Constr
$1,139,955
Eldorado Computing
Custom Software
$727,203
Saveonsp
Claims Processi
$622,387
Red Card Systems Llc
Printing & Mail
$379,905
Imagicom
Custom Software
$301,844
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$48,845,069
Investment income $1,776,654
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $378,502
Net Gain/Loss on Asset Sales $84,276
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $89,903,968

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