Western Catholic Union

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

EIN: 370580740 ✦ Quincy, IL ✦ Designated as a 501(c)(8)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Western Catholic Union?

The Western Catholic Union is a Quincy, Illinois-based fraternal benefit society. It offers life insurance and annuity plans to its members, with $38.86 million paid out in benefits during the specified period. The organization's mission is to cater to the fraternal, financial, and spiritual well-being of its members by providing ample social and spiritual opportunities. It keeps its members safe and secure with the best available insurance products. The Western Catholic Union employs a team of 14 individuals to manage its operations.


Official website here: www.wculife.org

Is Western Catholic Union legitimate?

Western Catholic Union is a legitimate nonprofit organization registered as a 501(c)(8) entity. Western Catholic Union 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: $220,519
Professional Fundraising Fees: $0
Other Salaries and Wages: $479,718

For more financial information, click here


Official website here: www.wculife.org

What is the mission statement of Western Catholic Union?

The Western Catholic Union is a fraternal benefit society dedicated to enhancing the well-being of its members. Its mission is threefold: tending to their fraternal, financial, and spiritual needs. By offering the greatest number of social and spiritual opportunities, the Union aims to enrich the lives of its members. Additionally, it ensures their safety and security through providing top-tier insurance products. As of now, the organization has paid out over $38 million in life insurance and annuity benefits to its members. The remaining expenses cover operational costs.


Official website here: www.wculife.org

Who is the CEO of Western Catholic Union?

Sherri Schaefer is the Chairwoman, Interim President of Western Catholic Union.


Official website here: www.wculife.org

What is the revenue of Western Catholic Union?

Western Catholic Union's revenue in 2022 was $34,773,386.


Official website here: www.wculife.org

Who are the executives of Western Catholic Union and what are their salaries?

The average compensation at Western Catholic Union during 2022 was $50,017. There are 14 employees and 21262 volunteers at Western Catholic Union.


Here are 12 key members and their salaries:


Sherri Schaefer (Chairwoman, Interim President)
  • Compensation: $40,800
  • Related: $0
  • Other: $0
August Boessen (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
David Hutt (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
James Obert (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Philip Hildebrand Jr (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Michael Bickhaus (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Linda Moore (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
John Prangl (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Robert Moore (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Blake Doane (Trustee)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Matthew Bainbridge (Secretary)
  • Compensation: $80,410
  • Related: $0
  • Other: $15,709
Ryan Hulett (Regional Sales Manager)
  • Compensation: $102,084
  • Related: $0
  • Other: $5,994


Official website here: www.wculife.org

Where can I find the form 990 for Western Catholic Union?

Western Catholic Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wculife.org

Learn more at the official website: www.wculife.org

Mission Statement of Western Catholic Union

The Western Catholic Union, a fraternal benefit society, is dedicated to enhancing the well-being of its members in various aspects. The organization's mission is geared towards addressing the fraternal, financial, and spiritual needs of its members. By offering them a multitude of social and spiritual opportunities, the Western Catholic Union aims to create a sense of community among its members. Furthermore, the society ensures the safety and security of its members by providing them with the best insurance products available.

The Western Catholic Union has demonstrated its commitment to its members through various program services. These services have resulted in the payment of over $38 million in benefits for life insurance and annuity plans. The remaining expenses cover operational costs to keep the organization running effectively. The Western Catholic Union's priority lies in attending to the welfare of its members and providing them with the necessary means to thrive.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Western Catholic Union plays a significant role in enhancing the lives of its members through the provision of life insurance and annuity plans. By disbursing nearly $39 million in benefits, it ensures financial security for families during challenging times. This fraternal benefit society not only addresses the financial needs of its members but also focuses on their social and spiritual well-being.

Through various programs and activities, Western Catholic Union fosters a sense of community, providing numerous opportunities for members to engage socially and spiritually. Their commitment to attending to the diverse needs of their members reinforces the significance of mutual support and connection. By prioritizing both financial security and personal growth, Western Catholic Union positively impacts the lives of its members, creating a robust network of mutual benefit and support.




This information is meant to be a general summary of Western Catholic Union. 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
$34,773,386 (2022)
Expenses
$33,237,131 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,560,753
  • Program Service Revenue: $26,568,265
  • Gross Receipts: $102,618,749

Assets and Liabilities:

  • Total Assets: $186,673,841
  • Total Liabilities: $179,321,893
  • Net Assets: $7,351,948

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INSURANCE PREMIUMS

Revenue

$26,114,380

COMMISSION ALLOWANCE

Revenue

$453,885

Organization Details

Founding Year

1877

Principal Officer

Sherri Schaefer

Main Address

510 MAINE STREET, QUINCY, IL, 62301

NTEE Category

Code: Y40 - Mutual benefit

If you are a representative of Western Catholic Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.