Becron Reinsurance Limited
- Assets
- $0.0
- Revenue
- $2.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 04/2005
- Data as of
- 12/2020
- EIN
- 98-0364980
Organization Overview
Becron Reinsurance Limited is located in Franklin, TN. The organization was established in 2005. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Becron Reinsurance Limited is a 501(c)(15) and as such, is described as a "Mutual Insurance Company or Association" by the IRS.
For the year ending 12/2020, Becron Reinsurance Limited generated $2.0 in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
REINSURANCE PROVIDED BY A REINSURER (QUALIFYING AS AN INSURANCE COMPANY FOR FEDERAL TAX PURPOSES) OF INSURANCE PRODUCTS AND CONTRACTS PRODUCED BY ONE OR MORE AFFILIATED AUTOMOBILE DEALERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL AMOUNTS ARE EXPENDED FOR THE SOLE PURPOSE OF CARRYING OUT THE ORGANIZATION'S INSURANCE OPERATIONS AND RELATED ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Fox President / Director / Shareholder / 50% Ownership | OfficerTrustee | 0 | $0 |
Becky Grubb Secretary / Director / Shareholder / 50% Ownership | OfficerTrustee | 0 | $0 |
Ronald Depiero Vice President | OfficerTrustee | 0 | $0 |
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 | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $26,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Martinsburg Mutual Insurance Co Martinsburg, MO | $1,475,708 | $577,216 |
Forest Green Farmers Mutual Insurance Company Salisbury, MO | $2,139,952 | $586,732 |
Liberty Fire Benevolent Society Jefferson City, MO | $1,956,881 | $440,864 |
Farmers Union Mutual Fire Inc Co Of Bradley County Tennessee Term Cleveland, TN | $2,307,328 | $335,570 |
Farmers Mutual Insurance Company Chillicothe, MO | $1,718,338 | $462,121 |
Lewis County Mutual Insurance Co Lewistown, MO | $3,439,612 | $550,134 |
Clark Mutual Insurance Company Kahoka, MO | $1,820,482 | $353,791 |
Central Farmers Mutual Fire Ins Co St Charles, MO | $1,530,719 | $522,169 |
Knox County Mutual Insurance Company Edina, MO | $1,393,491 | $315,031 |
Farmers Mutual Insurance Co Of Daviess Co Mo Gallatin, MO | $1,880,695 | $362,598 |
Farmers Mutual Insurance Company Of Giles County Pulaski, TN | $1,110,066 | $322,320 |
Farmers Mutual Insurance Company Of Sullivan & Adjoining Counties Milan, MO | $964,027 | $293,943 |