2024-10-14T14:07:24-05:00 2023-12-31 721396621 CARR RIGGS & INGRAM LLC 400 W PKWY PL SUITE 300 RIDGELAND MS 39157 990 2023-01-01 592874344 MACHINERY INSURANCE INC AN ASSESSABLE MUTUAL INSURER MACH 9043533181 219 NEWNAN ST JACKSONVILLE FL 32202 FITZHUGH K POWELL JR PRESIDENT 9043533181 2024-10-09 1 0 WILLIAM W IUPE P00073954 6018537050 2024-10-09 2023 2024-10-15 13:58:12Z FITZHUGH K POWELL JR 219 NEWMAN ST JACKSONVILLE FL 32202 543367 0 X N/A X 1988 FL PROVIDING SURETY BONDS FOR ITS PRINCIPALS OBLIGATING THE COMPANY TO IDEMNIFY THIRD PARTIES SHOULD THE PRINCIPAL FAIL TO PERFORM AS PROMISED. 5 5 0 0 0 0 0 0 266456 132459 68267 106344 0 0 334723 238803 0 0 0 0 21000 21000 0 0 0 134266 110629 155266 131629 179457 107174 4344315 4569655 123276 71997 4221039 4497658 PROVIDING SURETY BONDS FOR ITS PRINCIPALS OBLIGATING THE COMPANY TOINDEMNIFY THIRD PARTIES SHOULD THE PRINCIPAL FAIL TO PERFORM ASPROMISED. 0 0 131629 132459 SURETY BONDS FOR PRINCIPALS OBLIGATING THE COMPANY TOINDEMNIFY THIRD PARTIES SHOULD THE PRINCIPAL FAIL TOPERFORM AS PROMISED. 131629 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 0 0 0 X FITZHUGH K POWELL JR 9043533181 219 NEWNAN ST JACKSONVILLE FL 32202 FITZHUGH K POWELL JR PRESIDENT / TREASURER 2.00 X X 5000 0 0 BENJAMIN K POWELL VICE PRESIDENT 2.00 X X 5000 0 0 JOHN W KIRKLAND BOARD MEMBER 2.00 X 3000 0 0 SETH L ROTHSTEIN BOARD MEMBER 2.00 X 3000 0 0 STEPHEN T CUMELLA SECRETARY & CHAIRMAN 2.00 X X 5000 0 0 21000 0 0 0 0 0 0 0 INSURANCE PREMIUMS EAR 524298 132459 132459 132459 105908 105908 305000 304564 436 436 436 238803 132459 0 106344 21000 21000 35000 35000 24905 24905 2640 2640 11600 11600 1293 1293 240 240 1000 1000 COMMISSIONS 38620 38620 FEES, LICENSES & TAXES 2926 2926 COMPUTER SOFTWARE 1805 1805 STATUTORY LOSS RESERVE -9400 -9400 131629 131629 0 0 704346 186494 907946 1821975 37816 12836 2284563 2147740 409644 400610 4344315 4569655 123276 71997 123276 71997 X 0 0 0 0 4221039 4497658 4221039 4497658 4344315 4569655 X 107174 177779 -8334 X 0 1 X 1 0 0 FUTURE INVESTMENT INCOME 390505 ACCRUED INTEREST RECEIVABLE 10105 400610 STATUTORY LOSS RESERVES 9300 UNEARNED PREMIUMS 61765 PREMIUM TAXES PAYABLE 932 71997 X 238803 0 238803 0 238803 131629 0 131629 0 131629 PART X, LINE 2: BASED ON ITS ANNUAL WRITTEN PREMIUMS VOLUME, THE COMPANY IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(15) OF THE INTERNAL REVENUE CODE, AND THEREFORE, HAS NO PROVISION FOR INCOME TAXES. THE COMPANY HAS ADOPTED ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES UNDER THE PROVISIONS OF FASB ASC 740, INCOME TAXES. MANAGEMENT CONTINUALLY MONITORS AND EVALUATES CHANGES IN TAX LAWS AND NEW UTHORITATIVE RULINGS. THE COMPANY BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COMPANY FILES AN ANNUAL INFORMATION TAX RETURN WHICH IS SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF GENERALLY UP TO THREE YEARS AFTER FILING. TAX YEARS 2020, 2021 AND 2022 REMAIN OPEN TO AUDIT BY THE IRS. FORM 990, PART VI, SECTION A, LINE 2 THE ORGANIZATION'S PRESIDENT HAS ONE FAMILY MEMBER WHO SERVES ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 AS AN ASSESSABLE MUTUAL INSURER WITHOUT PERMANENT CAPITAL STOCK, THE COMPANY HAS MEMBERS AND NOT STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE ASSESSABLE MUTUAL INSURER HAVE THE AUTHORITY TO APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AS CONSISTENT WITH PRIOR YEARS, THE ORGANIZATION DISTRIBUTES ITS FORM 990 ANNUALLY TO BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION'S OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY IN WRITING ANY KNOWN INTERESTS THAT MIGHT BE POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, ORGANIZATION WILL MAKE AVAILABLE TO THE PUBLIC COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: CHANGE IN FUTURE INVESTMENT INCOME -8,335. ROUNDING 1.