Overview
What is Woman's Life Insurance Society?
Woman's Life Insurance Society is a Michigan-based nonprofit organization, with a mailing address at 1338 Military Street, Port Huron, Michigan, 48061. With a mission to provide life or other benefits to its members and their dependents and promote fraternal bond, this society currently manages 24,608 active insurance certificates. The organization's workforce consists of 44 employees dedicated to serving its community. By offering life insurance benefits and services, they aim to support and protect their members and their families.
Official website here: www.womanslife.org
What are the reviews and ratings of this charity?
Woman's Life Insurance Society is currently not rated by Charity Navigator. The absence of a rating does not imply any positive or negative standing. It simply reflects that the organization hasn't been evaluated according to Charity Navigator's requirements, which necessitate accountability and finance assessments, or impact and measurement beacons for eligibility.
Charity Navigator's historical data doesn't include evaluations of leadership, culture, community, or measurement impact for Woman's Life Insurance Society. The nonprofit is not a 501(c)(3) organization, which limits the application of Charity Navigator's evaluation criteria typical for tax-exempt entities eligible for tax-deductible donations.
Financial data such as total revenue, expenses, and key person salaries are not available. This lack of financial transparency may be a limitation for donors seeking detailed fiscal information. As the organization does not fall under the typical nonprofit category, its evaluation through certain Charity Navigator criteria remains restricted. No user reviews were found on GreatNonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Woman's Life Insurance Society legitimate?
Woman's Life Insurance Society is a legitimate nonprofit organization registered as a 501(c)(8) entity. Woman's Life Insurance Society 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: $707,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,102,246
For more financial information, click here
Official website here: www.womanslife.org
What is the mission statement of Woman's Life Insurance Society?
The Woman's Life Insurance Society focuses on providing life and other benefits to its members and their dependents. This fraternal organization promotes a sense of community and bond among its members. At the heart of its mission is the provision of life insurance coverage, with over 24,000 policies currently in force. Beyond insurance, the society aims to strengthen the connection among its members.
Official website here: www.womanslife.org
What is the revenue of Woman's Life Insurance Society?
Woman's Life Insurance Society's revenue in 2023 was $24,625,783.
Official website here: www.womanslife.org
Who are the executives of Woman's Life Insurance Society and what are their salaries?
The average compensation at Woman's Life Insurance Society during 2023 was $63,867. There are 44 employees at Woman's Life Insurance Society.
Here are 11 key members and their salaries:
- Compensation: $263,993
- Related: $0
- Other: $26,485
- Compensation: $166,548
- Related: $0
- Other: $20,396
- Compensation: $145,505
- Related: $0
- Other: $20,662
- Compensation: $124,630
- Related: $0
- Other: $17,958
- Compensation: $134,440
- Related: $0
- Other: $4,829
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $16,500
- Related: $0
- Other: $0
- Compensation: $14,500
- Related: $0
- Other: $0
- Compensation: $14,500
- Related: $0
- Other: $0
- Compensation: $14,500
- Related: $0
- Other: $0
- Compensation: $14,500
- Related: $0
- Other: $0
Official website here: www.womanslife.org
Where can I find the form 990 for Woman's Life Insurance Society?
Woman's Life Insurance Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.womanslife.org
Learn more at the official website: www.womanslife.org
Mission Statement of Woman's Life Insurance Society
Woman's Life Insurance Society, a prominent organization, is dedicated to providing life or other benefits to its members and their dependents. The core mission of this society is the promotion of fraternal bond among its members while ensuring their financial security. With over 24,000 active insurance certificates in force, the society takes pride in its commitment to safeguarding the lives of its members and their families.
The crux of Woman's Life Insurance Society's work lies in the provision of life insurance benefits and services. This nonprofit organization has made it its priority to secure the future of its members and their loved ones. By offering life insurance coverage, the society brings peace of mind to its members, enabling them to focus on their personal and professional growth.
Woman's Life Insurance Society goes beyond just providing insurance coverage. The organization fosters a sense of community and camaraderie among its members, promoting the fraternal bond. This bond not only creates a strong network of support but also adds value to the membership experience. The society's mission is to care for its members not only in times of need but also throughout their lives.
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Impact
October, 2024
Woman's Life Insurance Society significantly impacts its members and their families by providing essential life insurance benefits and services. With 24,608 certificates currently in force, the organization ensures financial security for its members and dependents, fostering a strong sense of community and support. By prioritizing mutual benefit, it not only helps individuals prepare for unforeseen circumstances but also promotes a fraternal bond among its members, enhancing their overall well-being and connection within the society.
This information is meant to be a general summary of Woman's Life Insurance Society. 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 2023.
- Investment Income: $9,124,726
- Program Service Revenue: $15,086,807
- Gross Receipts: $29,118,929
Assets and Liabilities:
- Total Assets: $203,511,750
- Total Liabilities: $189,781,962
- Net Assets: $13,729,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIFE PREMIUM & ANNUITY CONSIDERAT
Revenue
$15,071,148
MEMBERSHIP DUES & FEES
Revenue
$15,659
Organization Details
Founding Year
1892
Principal Officer
Christopher Martin
Website
www.womanslife.orgNTEE Category
Code: Y40 - Mutual benefit
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