Everence Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356059333 ✦ Goshen, IN ✦ Designated as a 501(c)(8)

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Overview

What is Everence Association Inc?

Everence Association Inc, based in Goshen, Indiana, is a fraternal benefit society dedicated to helping individuals and groups align their finances with their faith values. With a team of national consultants and representatives, Everence provides various insurance coverage options, including life, annuity, accident, and health, for members of the Mennonite Church and related Anabaptist institutions. The organization's mission is to offer financial services that resonate with its members' spiritual beliefs. Everence currently employs around 41 individuals.


Official website here: www.everence.com

Is Everence Association Inc legitimate?

Everence Association Inc is a legitimate nonprofit organization registered as a 501(c)(8) entity. Everence Association Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,847,929

For more financial information, click here


Official website here: www.everence.com

What is the mission statement of Everence Association Inc?

Everence Association Inc is a fraternal benefit society dedicated to helping individuals and groups align their finances with their faith values. Through its insurance and financial services, Everence assists members of the Mennonite Church and related Anabaptist institutions. The organization provides coverage for life, annuities, accidents, and health to its members. Everence's mission extends beyond insurance, with a team of consultants and representatives offering guidance to individuals, organizations, and congregations in managing their finances. Their faith-based approach sets Everence apart, ensuring that clients' financial decisions align with their beliefs.


Official website here: www.everence.com

Who is the CEO of Everence Association Inc?

Kenneth D Hochstetler is the President of Everence Association Inc.


Official website here: www.everence.com

What is the revenue of Everence Association Inc?

Everence Association Inc's revenue in 2022 was $76,719,666.


Official website here: www.everence.com

Who are the executives of Everence Association Inc and what are their salaries?

The average compensation at Everence Association Inc during 2022 was $142,632. There are 41 employees and 1122 volunteers at Everence Association Inc.


Here are 29 key members and their salaries:


Kenneth D Hochstetler (President)
  • Compensation: $0
  • Related: $403,375
  • Other: $54,749
Jay Kready (Financial Consultant)
  • Compensation: $0
  • Related: $376,479
  • Other: $58,473
Amanda Rock (Financial Consultant)
  • Compensation: $0
  • Related: $355,795
  • Other: $35,333
Glen Kauffman (Financial Consultant)
  • Compensation: $0
  • Related: $312,710
  • Other: $46,697
Rodney D Diller (Vice President)
  • Compensation: $0
  • Related: $277,812
  • Other: $41,862
Craig Foor (Financial Consultant)
  • Compensation: $0
  • Related: $262,458
  • Other: $46,724
Jeffrey Godshall (Financial Consultant)
  • Compensation: $0
  • Related: $269,144
  • Other: $37,040
Chad Horning (Assistant Treasurer)
  • Compensation: $0
  • Related: $243,126
  • Other: $34,736
Fredrick Gingerich (Treasurer (Start 06/22))
  • Compensation: $0
  • Related: $160,940
  • Other: $25,445
Lisa Nussbaum (Assistant Treasurer)
  • Compensation: $0
  • Related: $140,929
  • Other: $22,880
Marlo J Kauffman Left 0622 (Assistant Secretary)
  • Compensation: $0
  • Related: $141,813
  • Other: $14,992
John Martin Start 1022 (Assistant Treasurer)
  • Compensation: $0
  • Related: $123,042
  • Other: $29,922
Brian Kubicki Start 0422 (Secretary)
  • Compensation: $0
  • Related: $108,568
  • Other: $31,080
Matthew D Gehman Left 0522 (Assistant Treasurer)
  • Compensation: $0
  • Related: $115,348
  • Other: $16,303
Katherine Glick Miller (Assistant Secretary)
  • Compensation: $0
  • Related: $66,316
  • Other: $34,602
George Merryman (Secretary (Left 06/22))
  • Compensation: $33,366
  • Related: $0
  • Other: $0
Jessica Yoder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Voth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Good (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Penner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paris Ball-Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Francisco Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katelyn Leichty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirby Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emerson Lesher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dj Mcfadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Suter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.everence.com

Where can I find the form 990 for Everence Association Inc?

Everence Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.everence.com

Learn more at the official website: www.everence.com

Mission Statement of Everence Association Inc

Everence Association Inc, a fraternal benefit society, is dedicated to helping individuals and groups align their finances with their faith values. This Indiana-domiciled organization provides insurance coverage options, including life, annuity, accident, and health insurance, to members of the Mennonite Church and related Anabaptist institutions.

Through a team of national consultants and representatives, Everence Association Inc assists individuals, organizations, and congregations in managing their finances in accordance with their religious beliefs. By offering insurance solutions tailored to the needs of the Mennonite and Anabaptist communities, Everence Association Inc bridges the gap between financial security and spiritual values.

Everence Association Inc's mission is rooted in its commitment to serving its community. By providing insurance coverage to its members, the organization not only offers peace of mind but also fosters a sense of connection and support. The diverse range of insurance offerings allows members to protect themselves and their loved ones while staying true to their faith.

In summary, Everence Association Inc is a faith-based organization that focuses on helping its members integrate their finances with their religious values. Through its comprehensive insurance services, Everence Association Inc ensures that its members can secure their financial future in a way that aligns with their spiritual beliefs.

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Impact




October, 2024

Everence Association Inc empowers individuals and communities by helping them align their financial decisions with their faith values. By providing a range of insurance and financial services, Everence supports people in effectively managing their finances while deepening their commitment to their beliefs.

Through a national team of consultants and representatives, Everence serves individuals, organizations, and congregations, particularly within the Mennonite Church and other Anabaptist institutions. The organization offers critical services including life, annuity, accident, and health insurance coverage, ensuring that members can access financial products that resonate with their principles.

By fostering a sense of mutual benefit and community, Everence contributes to the financial well-being of its members while promoting a values-driven approach to finance. This integration of faith and finance not only enhances individual security but also strengthens community ties and encourages responsible stewardship among its members.




This information is meant to be a general summary of Everence Association Inc. 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.

Revenue
$76,719,666 (2022)
Expenses
$79,226,539 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$151,575
  • Program Service Revenue: $75,656,595
  • Gross Receipts: $142,563,675

Assets and Liabilities:

  • Total Assets: $392,025,152
  • Total Liabilities: $283,195,089
  • Net Assets: $108,830,063

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PREMIUM INCOME

Revenue

$61,885,306

INVESTMENT INCOME

Revenue

$12,844,229

FRANCHISE MANAGEMENT FEE

Revenue

$323,482

FRATERNAL PROGRAM

Revenue

$244,802

ADMINISTRATION REVENUE

Revenue

$307,622

Organization Details

Founding Year

1964

Principal Officer

Kenneth D Hochstetler

Main Address

1110 NORTH MAIN STREET, GOSHEN, IN, 46528

NTEE Category

Code: Y40 - Mutual benefit

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