57 Pageviews Read Stories
- EIN 38-2850306
- 30800 Telegraph Rd Bingham Farms MI 48025 USA
- Add to Favorites
Promote This Nonprofit
Nonprofit Overview
Causes: Mutual Insurance Companies & Associations
Mission: FIRST SECURITY HOLDS AND INVESTS ASSETS FOR THE PURPOSE OF SATISFYING ALL CLAIMS ON INSURANCE POLICIES WRITTEN PRIOR TO ITS LIQUIDATION IN 1997 CLAIMS ON INSURANCE POLICIES WRITTEN PRIOR TO ITS LIQUIDATION IN 1997 BY THE STATE OF MICHIGAN. IN 1997, FIRST SECURITY WAS PLACED INTO RECEIVERSHIP AND COULD NO LONGER WRITE NEW INSURANCE PREMIUMS. ITS WRITTEN PREMIUM HAVE BEEN BELOW $350,000 SINCE 1999, THUS MAKING IT AN INSURANCE COMPANY EXEMPT FROM FEDERAL INCOME TAXATION UNDER IRC SEC. 501(C)(15).
Donor & Volunteer Advisory
This organization's nonprofit status may have been revoked or it may have merged with another organization or ceased operations.