Public Charity

SOUTHERN MUTUAL CHURCH INSURANCE CO

SOUTHERN MUTUAL CHURCH INSURANCE CO is a Public Charity headquartered in COLUMBIA, SC. Financial data from the 2025 filing: $72.0M revenue, $70.6M expenses, $81.1M total assets.

EIN: 570251155 COLUMBIA, SC Insurance Providers NTEE: Y20 Latest filing: 2025
Total Revenue$72.0M
Total Expenses$70.6M
Total Assets$81.1M
Grant Records0
Filing Years2021–2025

Mission

TO BENEFIT THE SOCIAL WELFARE OF COMMUNITIES BY PROVIDING NECESSARY SERVICES, INCLUDING MANAGEMENT AND FACILITIES, FOR THE SOLE AND EXCLUSIVE BENEFIT OF MEMBER CHURCHES TO PROTECT THEIR PROPERTY AGAINST LOSS BY FIRE, LIGHTNING, WINDSTORM, ARSON AND LIABILITY AT THE LOWEST FEASIBLE COST. TO PROMOTE SAFETY CONSCIOUSNESS THROUGH LOSS CONTROL, INSPECTION SERVICES AND POLICYHOLDER EDUCATION IN ORDER TO MINIMIZE LOSSES. TO PROVIDE FINANCIAL ASSISTANCE WITH MEMBER-CHURCH MORTGAGE LOANS AT LOWER THAN PREVAILING INTEREST RATES AND BETTER TERMS.

Where $100 goes at Southern Mutual Church Insurance Co

How Southern Mutual Church Insurance Co divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Gross direct insurance premium from member churches = 70,186,219 member churches insured at 12/31/2025 = 9,866 policies in force = 16,846 the primary function of smcic is to…
100% of program spending · Reported in the filing: 70,186,219 churches
<$1
Low interest rate loans to member churches
0% of program spending · Reported in the filing: 664,961 loans
<$1
Miscellaneous policies provided as a service to members
0% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE VI David F Karns
DIRECTOR David J Charpia
DIRECTOR Elizabeth L Brabham
DIRECTOR Jackie G Jenkins
DIRECTOR Leland G Rollins Iii
COO Mark M Kesser

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $72.0M $70.6M $81.1M
2024 $80.3M $96.2M $83.0M
2023 $73.8M $87.6M $84.3M
2022 $67.0M $67.9M $93.0M
2021 $60.2M $57.2M $92.7M

Between 2021 and 2025, reported annual revenue grew from $60.2M to $72.0M (+20%), with total assets most recently reported at $81.1M.

Interactive year-over-year charts and full filing details available with membership.

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