Overview
What is Loyal Christian Benefit Association?
The Loyal Christian Benefit Association is a nonprofit organization based in Erie, Pennsylvania. With a mission to aid Christian families in navigating life's stages, they offer various benefits including life insurance, annuities, and Medicare supplement. Additionally, they provide fraternal activities and support local community service projects. In 2022, around 471 volunteers donated approximately 17,540 hours to help those in need and make a difference in their communities. The association has a team of 27 employees dedicated to fulfilling its mission.
Official website here: www.lcbalife.org
What are the reviews and ratings of this charity?
The Loyal Christian Benefit Association is not currently rated by Charity Navigator. This is primarily due to its classification; it is not a 501(c)(3) organization, and therefore, most of Charity Navigator's standard evaluative methodologies are not applicable. The absence of a rating does not suggest a positive or negative evaluation; it merely reflects the current criteria for rating eligibility.
The organization’s IRS classification as anything other than a 501(c)(3) limits available data, such as revenue, expense, and salary information. Therefore, insights into its financial health, leadership compensation, and overall operational transparency remain unspecified. Often, non-501(c)(3) organizations focus on different types of community and membership services, which might not require the same public financial disclosures.
With no recent user reviews found on GreatNonprofits, there is little community feedback available that typically highlights stakeholder satisfaction or potential concerns. Consequently, the overall impression of the organization relies heavily on its classification and structural particulars rather than subjective public interactions or experiences.
This AI summary has been generated from information found on Charity Navigator.
Is Loyal Christian Benefit Association legitimate?
Loyal Christian Benefit Association is a legitimate nonprofit organization registered as a 501(c)(8) entity. Loyal Christian Benefit Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $748,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $929,928
For more financial information, click here
Official website here: www.lcbalife.org
What is the mission statement of Loyal Christian Benefit Association?
The Loyal Christian Benefit Association works towards helping Christian families navigate various life stages. They achieve this by offering Life Insurance, Annuities, Medicare Supplement, and Fraternal Benefits to their members. Beyond financial assistance, the organization supports its members and communities through direct member benefits and community service projects. Approximately 471 volunteers contributed significantly, donating around 17,540 hours in 2022 to aid those in need and enhance their local communities.
Official website here: www.lcbalife.org
Who is the CEO of Loyal Christian Benefit Association?
Courtney Hagmaier is the President/Ceo of Loyal Christian Benefit Association. The CEO's salary of Loyal Christian Benefit Association is $220,658 and their total compensation is $250,252.
Official website here: www.lcbalife.org
What is the revenue of Loyal Christian Benefit Association?
Loyal Christian Benefit Association's revenue in 2022 was $22,333,694.
Official website here: www.lcbalife.org
Who are the executives of Loyal Christian Benefit Association and what are their salaries?
The average compensation at Loyal Christian Benefit Association during 2022 was $62,173. There are 27 employees and 471 volunteers at Loyal Christian Benefit Association.
Here are 14 key members and their salaries (Loyal Christian Benefit Association's CEO's salary is $220,658 and their total compensation is $250,252):
- Compensation: $220,658
- Related: $0
- Other: $29,594
- Compensation: $119,345
- Related: $0
- Other: $23,744
- Compensation: $115,745
- Related: $0
- Other: $12,529
- Compensation: $117,961
- Related: $0
- Other: $9,351
- Compensation: $110,822
- Related: $0
- Other: $16,402
- Compensation: $7,900
- Related: $0
- Other: $0
- Compensation: $7,300
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
- Compensation: $7,000
- Related: $0
- Other: $0
Official website here: www.lcbalife.org
Where can I find the form 990 for Loyal Christian Benefit Association?
Loyal Christian Benefit Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lcbalife.org
Learn more at the official website: www.lcbalife.org
Mission Statement of Loyal Christian Benefit Association
The Loyal Christian Benefit Association, a mission-driven organization, strives to assist Christian families in navigating various life stages. With a focus on faith and community, the Association accomplishes this goal by offering essential services such as Life Insurance, Annuities, Medicare Supplement, and Fraternal Benefits to its over 33,000 members.
Beyond the provision of these benefits, the Association actively supports its members and their communities by engaging in local service projects. During the year 2022, an impressive 471 volunteers dedicated nearly 17,540 hours towards making a difference. By combining the power of financial security and community engagement, the Loyal Christian Benefit Association truly embodies its commitment to helping Christian families thrive.
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Impact
October, 2024
Loyal Christian Benefit Association positively impacts communities by supporting Christian families as they navigate various life stages. Through the provision of life insurance, annuities, and Medicare supplementary plans, the Association ensures members have access to crucial financial products that promote stability and security.
In addition to these essential benefits, the Association fosters a spirit of volunteerism; in 2022 alone, approximately 471 volunteers dedicated nearly 17,540 hours to community service projects. This commitment not only enhances the well-being of its members but also strengthens local communities, addressing pressing needs and supporting those less fortunate. With over 33,000 members, the Association creates a robust network that emphasizes the importance of both personal and communal growth, ensuring that members receive both immediate support and long-term benefits.
This information is meant to be a general summary of Loyal Christian Benefit Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $22,333,694
- Gross Receipts: $22,333,694
Assets and Liabilities:
- Total Assets: $114,770,221
- Total Liabilities: $104,108,711
- Net Assets: $10,661,510
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premiums and considerations
Revenue
$17,125,938
Investment income
Revenue
$5,145,889
Miscellaneous income
Revenue
$61,867
Organization Details
Founding Year
1890
Phone
(814) 453-4331Principal Officer
Courtney Hagmaier
Main Address
PO Box 13005, Erie, PA, 165141305
Website
www.lcbalife.orgNTEE Category
Code: Y40 - Mutual benefit
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