Overview
What is Woodmen Of The World Life Insurance Society?
Woodmen of the World Life Insurance Society is a nonprofit organization located in Omaha, Nebraska. They offer exclusive benefits to their members at no extra cost, including various insurance-related and community-focused programs. Eligible members may qualify for benefits such as a First Responders Benefit, Family Legacy Benefit, Natural Disaster Benefit, Life's Perks discount program, Focus Forward Scholarships, Student Loan Relief, LawAssure, Giving Together, and Community Improvement Funds. The organization's mission is to unite hardworking Americans to secure their financial future while strengthening communities and the country. They provide funding for community projects and allocate funds to local chapters and communities, allowing members to give back to causes that matter most to them. Woodmen of the World Life Insurance Society hosts annual regional events to educate, collaborate, and recognize the contributions of their members to the community.
Official website here: www.woodmenlife.org
Is Woodmen Of The World Life Insurance Society legitimate?
Woodmen Of The World Life Insurance Society is a legitimate nonprofit organization registered as a 501(c)(8) entity. Woodmen Of The World 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $12,098,697
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,531,791
For more financial information, click here
What is the mission statement of Woodmen Of The World Life Insurance Society?
The Woodmen of the World Life Insurance Society is dedicated to uniting hardworking Americans to secure their financial future while strengthening communities and the country. Members of this organization are eligible for various non-contractual benefits, such as a First Responders Benefit, Family Legacy Benefit, Natural Disaster Benefit, and Life's Perks, which provide significant savings and financial assistance. The organization also offers a Focus Forward Scholarship for high school graduates and provides student loan relief to eligible members. Woodmen of the World Life Insurance Society also offers Lawassure, which enables members to create customized wills, powers of attorney, and healthcare directives. Community improvement is a priority, with funds allocated to local chapters and causes chosen by the members. Annual Regional Events bring people together for collaboration, education, and recognition of their contributions to the community.
Official website here: www.woodmenlife.org
What is the revenue of Woodmen Of The World Life Insurance Society?
Woodmen Of The World Life Insurance Society's revenue in 2022 was $1,005,480,725.
Official website here: www.woodmenlife.org
Who are the executives of Woodmen Of The World Life Insurance Society and what are their salaries?
The average compensation at Woodmen Of The World Life Insurance Society during 2022 was $64,368. There are 973 employees and 18,417 volunteers at Woodmen Of The World Life Insurance Society.
Here are 40 key members and their salaries:
- Patrick L Dees (President &) [Trustee/Director]
- Denise M Mccauley (Exec Vp, Sec) [Trustee/Director]
- Jon Aerni (Exec Vp, Cfo) [Trustee/Director]
- Stephen K Mcmahan (Exec Vp Chie) [Trustee/Director]
- Pasquale Frappampina (Sr Vp, Nat S)
- Spencer T Owen (Regional Dir)
- Cynthia S Bengtson (Exec Vp, Chi)
- Raymond G Smolinski (Vp, Business)
- Lynn Espeland (Svp Gen Coun)
- Lee A Janecek (Vp, Core Ops)
- Ronnie Lear (Regional Dir)
- Annette M Devine (Vp, Accounti)
- Jacob Day (Vp, Chief In)
- Tyler Lawrence (Regional Dir)
- James Smiley (Recruiting S)
- Charles R Driffill (Vp, Sales)
- Blake Warneke (Vp Actuary &)
- Karla J Gochenour (Vp, Human Re)
- Gregory Robertson (Regional Dir)
- Jeremy Carroll (Vp, Sales)
- Randall P Rotschafer (Vp, Chief Ri)
- Kelly Liberty (Vp, Strategi)
- John Sharp (Deputy Gener)
- Paula S Mau (Vp, Security)
- Lori Howard (Vp, Marketin)
- Michael Hemenway (Chief Human)
- Daniel Molony (Vp, Fraterna)
- Pamela Mortenson (Vp, Strategi)
- Cathryn Mobley (Board Of Dir) [Trustee/Director]
- James W Shaver (Board Of Dir) [Trustee/Director]
- Michael C Shealy (Board Of Dir) [Trustee/Director]
- James W Bosler Iii (Board Of Dir) [Trustee/Director]
- Robert T Maher (Bod, Former) [Trustee/Director]
- Daryl J Doise (Board Of Dir) [Trustee/Director]
- Dwayne H Tucker (Board Of Dir) [Trustee/Director]
- James Caldwell (Board Of Dir) [Trustee/Director]
- Tiffany Myers (Board Of Dir) [Trustee/Director]
- Lance Larsen (Vp, Addition)
- Danny E Cummins (Dir, Former) [Trustee/Director]
- Aaron Cooper (Dir, Acct Su)
Official website here: www.woodmenlife.org
Where can I find the form 990 for Woodmen Of The World Life Insurance Society?
The Woodmen Of The World Life Insurance Society’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.woodmenlife.org
Learn more at the official website: www.woodmenlife.org
Mission Statement of Woodmen Of The World Life Insurance Society
Woodmen Of The World Life Insurance Society, a leading organization, unites hardworking Americans with a mission to secure their financial future while strengthening communities and the country. The society's core activity revolves around providing life insurance and offering exclusive benefits to its members.
In pursuing its mission, Woodmen Of The World Life Insurance Society goes beyond just offering insurance policies. It extends a helping hand to its members in times of need through various non-contractual benefits. For instance, it provides a First Responders Benefit, offering a significant payout to members killed while performing their duties as non-military first responders, such as firefighters, EMTs, paramedics, police officers, or those performing a supporting role. Additionally, the Family Legacy Benefit offers financial support to cover the care of members' children if they are orphaned. Another benefit, the Natural Disaster Benefit, assists members whose homes are damaged or destroyed by natural disasters, providing up to $1,000 to help cover home repair costs.
Moreover, the society offers the Life's Perks discount program, providing savings on various everyday items and major purchases for its members. The WoodmenLife Focus Forward Scholarship supports high school graduates by awarding over 4,000 scholarships worth 2.7 million since 2017. Scholarship funds can be used for tuition, fees, books, supplies, and room and board at colleges, universities, and trade schools. The Student Loan Relief program offers up to 200 awards of $1,000 annually to eligible members based on community service, patriotism, and loan statements.
Woodmen Of The World Life Insurance Society is committed to giving back to its members and the community. It provides funding for community beautification projects through the Giving Together program and allocates funds to local chapters and communities to address their needs. The society organizes Annual Regional Events (ARES) to help people collaborate, educate, and recognize chapters and members for their contributions to the community. Woodmen Of The World Life Insurance Society's Annual Regional Events were held 32 times in 2022.
Impact
This information is meant to be a general summary of Woodmen Of The World Life Insurance Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Woodmen Of The World Life Insurance Society has a significant impact on uniting hardworking Americans to secure their financial future while strengthening communities and the country. Through their various programs and benefits such as the First Responders Benefit, Family Legacy Benefit, Natural Disaster Benefit, Life's Perks discount program, WoodmenLife Focus Forward Scholarship, Student Loan Relief, LawAssureTM, Giving Together program, Community Improvement Funds, and Annual Regional Events (AREs), Woodmen Of The World Life Insurance Society actively supports its members and the community. Their initiatives provide financial security, educational support, community engagement, and resources for personal and professional development. This organization plays a crucial role in empowering individuals and contributing to the well-being of society as a whole.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM INCOME
Revenue
$634,026,186
FRATERNAL INCOME
Revenue
$11,793,911
SUPPLEMENTARY CONTRACTS
Revenue
$5,989,950
Organization Details
Founding Year
1890
Phone
(402) 342-1890
Main Address
1700 FARNAM STREET SUITE 2200, OMAHA, NE, 681022025
Website
www.woodmenlife.org
NTEE Category
Code: Y40 - Mutual benefit
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