1891 Financial Life

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

EIN: 361981330 ✦ Schaumburg, IL ✦ Designated as a 501(c)(8)

Overview

What is 1891 Financial Life?

1891 Financial Life is a member-based organization located in Schaumburg, Illinois. They specialize in offering a range of life insurance and annuity products to their Christian community members. The organization is licensed to operate in 17 central United States states. Apart from these financial services, 1891 Financial Life extends fraternal benefits to its members, aiming to bring financial peace of mind. The organization employs a team of 25 individuals and has a physical address at 200 N Martingale Rd Ste 405.


Official website here: www.1891fianciallife.com

Is 1891 Financial Life legitimate?

1891 Financial Life is a legitimate nonprofit organization registered as a 501(c)(8) entity. 1891 Financial Life 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $111,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,304,034

For more financial information, click here


Official website here: www.1891fianciallife.com

What is the mission statement of 1891 Financial Life?

1891 Financial Life is a membership organization that collaborates with Christian families. Their mission is to provide top-notch financial solutions, including insurance and annuity products, to help members attain peace of mind. By extending quality services and fraternal benefits, the organization aims to make a positive impact on the financial well-being of its members. 1891 Financial Life is focused on delivering financial security to its members in a compassionate and faith-centered manner. The organization's offerings are designed to meet the unique needs of its members, helping them take control of their financial futures. With a strong commitment to its members, 1891 Financial Life strives to build a community of financially secure families.


Official website here: www.1891fianciallife.com

Who is the CEO of 1891 Financial Life?

Lisa Bickus is the Director of 1891 Financial Life. The CEO's salary of 1891 Financial Life is $195,816 and their total compensation is $203,028.


Official website here: www.1891fianciallife.com

What is the revenue of 1891 Financial Life?

1891 Financial Life's revenue in 2022 was $15,073,073.


Official website here: www.1891fianciallife.com

Who are the executives of 1891 Financial Life and what are their salaries?

The average compensation at 1891 Financial Life during 2022 was $56,617. There are 25 employees at 1891 Financial Life.

Here are 13 key members and their salaries (1891 Financial Life's CEO's salary is $195,816 and their total compensation is $203,028):

    Lisa Bickus (Ceo)
  • Compensation: $195,816
  • Related: $0
  • Other: $7,212

    • Meegan Gibbons (Cfo)
  • Compensation: $135,128
  • Related: $0
  • Other: $0

    • Mary Krutiak (Communication Director)
  • Compensation: $119,805
  • Related: $0
  • Other: $0

    • Brian Lawless (Board Treasurer) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Margaret Schmitt (Board Chair) [Trustee/Director]
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Leah Jansen (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Collette Cesar (Director)
  • Compensation: $13,000
  • Related: $0
  • Other: $0

    • Christine Corso (Director)
  • Compensation: $13,000
  • Related: $0
  • Other: $0

    • David Bonacker (Director)
  • Compensation: $7,583
  • Related: $0
  • Other: $0

    • Sandra Troyanoski (Director)
  • Compensation: $7,583
  • Related: $0
  • Other: $0

    • Jeanne Fillipp (Director)
  • Compensation: $6,250
  • Related: $0
  • Other: $0

    • Michael Friar (Director)
  • Compensation: $5,417
  • Related: $0
  • Other: $0

    • Carole Witkowski (Director)
  • Compensation: $5,417
  • Related: $0
  • Other: $0


  • Official website here: www.1891fianciallife.com

    Where can I find the form 990 for 1891 Financial Life?

    The 1891 Financial Life’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.1891fianciallife.com

    Learn more at the official website: www.1891fianciallife.com

    Mission Statement of 1891 Financial Life

    1891 Financial Life, a member-based organization, is dedicated to collaborating with Christian families by extending top-notch products, services, and fraternal benefits. With a mission to help members attain financial peace of mind, this organization goes beyond offering mere financial solutions. By partnering with families, it strives to secure their financial future and provide them with the peace of mind they deserve. 1891 Financial Life's diverse range of offerings includes both life insurance and annuity products, making it a reliable choice for families seeking financial security. The organization's commitment extends beyond just business transactions, as it is licensed to operate in seventeen states, primarily in the central United States.

    Impact

    This information is meant to be a general summary of 1891 Financial Life. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    1891 Financial Life impacts Christian families by providing quality life insurance and annuity products to its members. By partnering with Christian families, the organization helps them achieve financial peace of mind. This support enables families to secure their financial future and navigate life's uncertainties with confidence.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $8,871,689
  • Program Service Revenue: $6,201,384
  • Gross Receipts: $25,281,787

    • Assets and Liabilities:
  • Total Assets: $164,907,014
  • Total Liabilities: $146,758,077
  • Net Assets: $18,148,937
  • Organization Details

    Founding Year

    1894

    Principal Officer

    Lisa Bickus

    Main Address

    200 N Martingale Rd Ste 405, Schaumburg, IL, 60173

    NTEE Category

    Code: Y20 - Mutual benefit

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