Nonprofit · EIN 54-0213125
FLOYD COUNTY MUTUAL FIRE INS CO INC
Tax-exempt · FLOYD, VA 24091
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $265,793 | $78,221 | $187,572 | $3,944,178 | $92,902 | $3,851,276 |
| December 31, 2024 | 990 | $264,983 | $90,057 | $174,926 | $3,758,198 | $94,494 | $3,663,704 |
| December 31, 2023 | 990 | $220,928 | $93,230 | $127,698 | $3,577,141 | $88,363 | $3,488,778 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $115,254
- Investment income
- $147,539
- Net rental income
- $3,000
- Other revenue
- $3,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $23,200
- Salaries, compensation and benefits (total)
- $23,200
- Professional fundraising fees
- $0
- Legal fees
- $39
- Travel
- $2,054
- Depreciation
- $1,640
- Management and general (functional)
- $78,221
Balance sheet and other
- Total assets, start of year
- $3,758,198
- Total assets, end of year
- $3,944,178
- Total liabilities, end of year
- $92,902
- Net assets, end of year
- $3,851,276
- Land, buildings and equipment
- $49,575
- Net assets without donor restrictions
- $3,851,276
- Gross receipts
- $265,793
- Employees
- 5
- Year formed
- 1975
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REECE MCPEAK Jr | PRESIDENT Trustee or director, Officer | 2 | $0 |
| LELAN R COCKRAM | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| KEVIN B PHILLIPS | AGENT Trustee or director | 1 | $0 |
| LESTER D BELCHER | AGENT Trustee or director | 1 | $0 |
| GINA R RAKESTRAW | SECRETARY TREASURER Highest-paid employee | 12 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REECE MCPEAK Jr | PRESIDENT Trustee or director, Officer | 2 | $0 |
| CURTIS RAY ALLEN | DIRECTOR Trustee or director | 1 | $0 |
| LELAN R COCKRAM | VICE PRESIDENT Trustee or director | 1 | $0 |
| KEVIN B PHILLIPS | AGENT Trustee or director | 1 | $0 |
| LESTER D BELCHER | AGENT Trustee or director | 1 | $0 |
| GINA R RAKESTRAW | SECRETARY TREASURER Highest-paid employee | 12 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN B PHILLIPS | AGENT Trustee or director | 1 | $0 |
| LESTER D BELCHER | AGENT Trustee or director | 1 | $0 |
| LELAN R COCKRAM | VICE PRESIDENT Trustee or director | 1 | $0 |
| CURTIS RAY ALLEN | DIRECTOR Trustee or director | 1 | $0 |
| REECE MCPEAK JR | PRESIDENT Trustee or director, Officer | 2 | $0 |
| GINA R RAKESTRAW | SECRETARY TREASURER Highest-paid employee | 12 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3, FLOYD, VA 24091-0003
- In care of
- % GINA RAKESTRAW
- Signed the 990
- GINA RAKESTRAW, SECRETARY TREASURER
- Phone
- (540) 745-4882
- Return prepared by
- VICKIES INCOME TAX SERVICE LLC
Mission
THE COMPANY IS A MUTUAL ASSESSMENT PROPERTY AND CASUALTY INSURER LICENSED PURSUANT TO CHAPTER 25 OF TITLE 38.2 OF THE CODE OF VIRGINIA
Program accomplishments
- ALL SERVICES ACCOMPLISHED
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0213125
- Tax-exempt status
- 501(c)(15): Mutual insurance company
- Donations deductible
- No
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,944,178
- Income (IRS master file)
- $265,793
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $265,793 | $78,221 | $3,944,178 | IRS |
| 990 | December 2024 | $264,983 | $90,057 | $3,758,198 | XML |
| 990 | December 2023 | $220,928 | $93,230 | $3,577,141 | XML |
| 990 | December 2022 | $162,024 | $75,645 | $3,451,164 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0213125).
Questions about FLOYD COUNTY MUTUAL FIRE INS CO INC
- What is the EIN of FLOYD COUNTY MUTUAL FIRE INS CO INC?
- The employer identification number (EIN) of FLOYD COUNTY MUTUAL FIRE INS CO INC is 54-0213125.
- Is FLOYD COUNTY MUTUAL FIRE INS CO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(15) since 1943.
- Are donations to FLOYD COUNTY MUTUAL FIRE INS CO INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FLOYD COUNTY MUTUAL FIRE INS CO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLOYD COUNTY MUTUAL FIRE INS CO INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLOYD COUNTY MUTUAL FIRE INS CO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of FLOYD COUNTY MUTUAL FIRE INS CO INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FLOYD COUNTY MUTUAL FIRE INS CO INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $265,793, expenses of $78,221 and total assets of $3,944,178 at year end.
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