Catholic Life Insurance

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

EIN: 740548665 ✦ San antonio, TX ✦ Designated as a 501(c)(8)

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Overview

What is Catholic Life Insurance?

Catholic Life Insurance is a fraternal benefit society based in San Antonio, Texas. They provide life insurance, retirement products, and Medicare supplement insurance to their members. As a nonprofit organization, they offer various financial services with a mission to support their community. With a team of 75 dedicated employees, Catholic Life Insurance aims to help individuals secure their financial future and peace of mind.


Official website here: www.cliu.com

What are the reviews and ratings of this charity?

Catholic Life Insurance is not currently rated by Charity Navigator, primarily due to its classification. The organization is not a 501(c)(3) IRS-registered nonprofit, which means it is ineligible for ratings under Charity Navigator's current methodology. This lack of evaluation does not imply positive or negative aspects; it simply indicates a gap in data available for analysis.

The organization does not provide publicly available data related to revenue, expenses, or key personnel salaries. As a result, aspects such as Accountability, Finance, Impact, Measurement, and Culture & Community cannot be assessed. Catholic Life Insurance's foundation status and IRS data sources are noted, but these alone do not affect Charity Navigator's ability to provide a comprehensive rating.

There are no user reviews from GreatNonprofits available at this time. This absence leaves the sentiment of stakeholders unexpressed in this review. Therefore, further research or direct inquiry may be needed for those seeking detailed insights or personal testimonials about the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Catholic Life Insurance legitimate?

Catholic Life Insurance is a legitimate nonprofit organization registered as a 501(c)(8) entity. Catholic Life Insurance 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: $1,429,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,597,866

For more financial information, click here


Official website here: www.cliu.com

What is the mission statement of Catholic Life Insurance?

Catholic Life Insurance functions as a fraternal benefit society, providing individuals with life insurance, retirement products, and Medicare supplement insurance. The organization's primary focus is on offering these essential financial protection solutions. Catholic Life Insurance aims to help individuals secure their futures and plan for retirement with its comprehensive range of offerings. By prioritizing its members' needs, the society offers peace of mind and financial security through its insurance solutions. Additionally, the society may provide community engagement opportunities and resources, further enhancing the value it brings to its members.


Official website here: www.cliu.com

Who is the CEO of Catholic Life Insurance?

Unavailable The CEO's salary of Catholic Life Insurance is $615,152 and their total compensation is $672,962.


Official website here: www.cliu.com

What is the revenue of Catholic Life Insurance?

Catholic Life Insurance's revenue in 2022 was $112,709,879.


Official website here: www.cliu.com

Who are the executives of Catholic Life Insurance and what are their salaries?

The average compensation at Catholic Life Insurance during 2022 was $67,031. There are 75 employees and 394 volunteers at Catholic Life Insurance.


Here are 21 key members and their salaries (Catholic Life Insurance's CEO's salary is $615,152 and their total compensation is $672,962):


Joseph Michael Belz (President/Ceo)
  • Compensation: $615,152
  • Related: $0
  • Other: $57,810
Allen Strickland (Director)
  • Compensation: $20,400
  • Related: $0
  • Other: $0
Charles L Hughes Jr (Director (Term Ended 7/23/22))
  • Compensation: $10,450
  • Related: $0
  • Other: $0
Danny J Nortman (Director)
  • Compensation: $21,375
  • Related: $0
  • Other: $0
Dennis R Matthiesen (Director)
  • Compensation: $21,500
  • Related: $0
  • Other: $0
Dianne Cerny (Director)
  • Compensation: $20,986
  • Related: $0
  • Other: $0
Eva Martinez (Director)
  • Compensation: $9,375
  • Related: $0
  • Other: $0
Felix J Skarpa (Director)
  • Compensation: $25,048
  • Related: $0
  • Other: $0
Jo Ann E Shimek (Director (Term Ended 7/23/22))
  • Compensation: $12,975
  • Related: $0
  • Other: $0
John Raabe (Director)
  • Compensation: $10,200
  • Related: $0
  • Other: $0
Michael E Stolowski (Director (Term Ended 7/23/22))
  • Compensation: $17,404
  • Related: $0
  • Other: $0
Robert L Moczygemba Sr (Director (Term Ended 7/23/22))
  • Compensation: $10,950
  • Related: $0
  • Other: $0
Roland Dewinne Jr (Director)
  • Compensation: $9,925
  • Related: $0
  • Other: $0
Ronnie W Kadlacek (Director (Term Ended 7/23/22))
  • Compensation: $12,450
  • Related: $0
  • Other: $0
Colleen Z Berger (Svp/Cfo)
  • Compensation: $215,512
  • Related: $0
  • Other: $51,178
John M Luksa (Svp/Director Of Sales)
  • Compensation: $224,678
  • Related: $0
  • Other: $62,054
Barbara A Cheaney (Svp/Marketing-Communications)
  • Compensation: $147,383
  • Related: $0
  • Other: $41,187
Dawn C Fanfelle (Vp/Human Resources & Training)
  • Compensation: $126,077
  • Related: $0
  • Other: $14,308
Frank Gentile (Svp/Chief Underwriter)
  • Compensation: $171,026
  • Related: $0
  • Other: $31,447
Scott D Brant (Svp/Information Technologies)
  • Compensation: $170,452
  • Related: $0
  • Other: $30,191
Tricia D Michalek (Vp/Operations)
  • Compensation: $113,256
  • Related: $0
  • Other: $11,185


Official website here: www.cliu.com

Where can I find the form 990 for Catholic Life Insurance?

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


Official website here: www.cliu.com

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

Mission Statement of Catholic Life Insurance

Catholic Life Insurance, as a fraternal benefit society, dedicates itself to providing life insurance, retirement products, and Medicare supplement insurance. This organization's mission revolves around offering essential financial security solutions to individuals and families in their time of need. By being a fraternal benefit society, Catholic Life Insurance fosters a sense of community and camaraderie among its members, going beyond just insurance coverage. The scope of their services encompasses various aspects of financial planning, ensuring members have access to comprehensive solutions for their present and future financial needs.

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Impact




October, 2024

Catholic Life Insurance plays a significant role in the financial well-being of its members by providing essential services such as life insurance, retirement products, and Medicare supplement insurance. Based in San Antonio, Texas, this fraternal benefit society enables individuals and families to secure their financial future while also promoting a sense of community and mutual benefit among its members.

By offering tailored insurance solutions, Catholic Life Insurance helps ensure that its members can meet their financial obligations and plan for retirement, which can alleviate stress and provide peace of mind. Additionally, the Medicare supplement insurance aids seniors in managing healthcare costs, enhancing their quality of life during retirement.

Beyond financial products, Catholic Life Insurance fosters a spirit of camaraderie and support, enabling members to engage in community activities and charitable initiatives. This focus on mutual benefit not only strengthens individual financial security but also builds a sense of belonging and collective responsibility among its members. Ultimately, Catholic Life Insurance significantly impacts the lives of individuals and families by providing crucial financial resources and fostering a supportive community environment.




This information is meant to be a general summary of Catholic Life Insurance. 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
$112,709,879 (2022)
Expenses
$108,335,852 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,594,768
  • Program Service Revenue: $59,824,147
  • Gross Receipts: $191,470,668

Assets and Liabilities:

  • Total Assets: $1,276,938,142
  • Total Liabilities: $1,165,800,833
  • Net Assets: $111,137,309

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Programs

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

INS. PREMIUMS & ANNUITY CONSIDERATIONS

Revenue

$59,824,147

Organization Details

Founding Year

1901

Main Address

1635 NE LOOP 410 SUITE 400, SAN ANTONIO, TX, 78209

NTEE Category

Code: Y20 - Mutual benefit

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