Kjzt Family Life

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

EIN: 740719305 ✦ Austin, TX ✦ Designated as a 501(c)(8)

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Overview

What is Kjzt Family Life?

Kjzt Family Life is a non-profit corporation, specifically a fraternal benefit society, which generates earnings from the sale of life insurance and annuities. The organization uses these profits to provide direct benefits to its members and their communities. Additionally, Kjzt Family Life supports the Catholic Church and engages in community service. Through its mission, the corporation aims to give back to its members and the wider community.


Official website here: www.kjzt.org

What are the reviews and ratings of this charity?

Kjzt Family Life is not currently rated by Charity Navigator. This lack of rating stems from the organization's classification, as Kjzt Family Life is not a 501(c)(3) IRS registered nonprofit, which is required for a full evaluation on Charity Navigator. Instead, limited historical data may provide a sense of its accountability and financial aspects, although no specific revenue or expense data is available for this entity.

Charity Navigator focuses heavily on transparency and financial health. Since Kjzt Family Life cannot be evaluated under their typical criteria, it indicates data limitations rather than an assessment of performance or impact. Although they have data available from IRS forms, no detailed information about financial efficiency or leadership is accessible, given the constraints of their nonprofit classification.

With no user reviews on GreatNonprofits available for Kjzt Family Life, there is a lack of qualitative community feedback to supplement this overview. Therefore, the public must rely on any available information directly from the organization to better understand its mission and values.


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

Is Kjzt Family Life legitimate?

Kjzt Family Life is a legitimate nonprofit organization registered as a 501(c)(8) entity. Kjzt Family 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $451,483

For more financial information, click here


Official website here: www.kjzt.org

What is the mission statement of Kjzt Family Life?

Kjzt Family Life is a non-profit organization that channels its profits from life insurance and annuity sales towards benefiting its members and their communities. The corporation offers various direct member advantages and contributes to the support of the Catholic Church and community services. In essence, Kjzt Family Life functions as a fraternal benefit society, redistributing its earnings to enhance the lives of its members and promote community welfare.


Official website here: www.kjzt.org

Who is the CEO of Kjzt Family Life?

Catherine Sylvester is the President/Ce of Kjzt Family Life.


Official website here: www.kjzt.org

What is the revenue of Kjzt Family Life?

Kjzt Family Life's revenue in 2022 was $12,870,988.


Official website here: www.kjzt.org

Who are the executives of Kjzt Family Life and what are their salaries?

The average compensation at Kjzt Family Life during 2022 was $56,435. There are 8 employees at Kjzt Family Life.


Here are 12 key members and their salaries:


Catherine Sylvester (President/Ce)
  • Compensation: $100,325
  • Related: $0
  • Other: $0
Joyce Kurtz (Director)
  • Compensation: $28,000
  • Related: $0
  • Other: $0
Betty Vacek (Director)
  • Compensation: $26,700
  • Related: $0
  • Other: $0
Kathy Wishert (Director)
  • Compensation: $26,500
  • Related: $0
  • Other: $0
Cynthia Morris (Director)
  • Compensation: $2,778
  • Related: $0
  • Other: $0
Cynthia Morris (Vp Financial)
  • Compensation: $55,224
  • Related: $0
  • Other: $0
Joy Kovar (Director)
  • Compensation: $25,452
  • Related: $0
  • Other: $0
Stephanie Matous (Director)
  • Compensation: $24,052
  • Related: $0
  • Other: $0
Helen Metzer (Director)
  • Compensation: $20,681
  • Related: $0
  • Other: $0
Edith Strieder (Director)
  • Compensation: $25,252
  • Related: $0
  • Other: $0
Sally Long (Director)
  • Compensation: $1,920
  • Related: $0
  • Other: $0
Arlene Cloyd (Director)
  • Compensation: $1,813
  • Related: $0
  • Other: $0


Official website here: www.kjzt.org

Where can I find the form 990 for Kjzt Family Life?

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


Official website here: www.kjzt.org

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

Mission Statement of Kjzt Family Life

Kjzt Family Life, a fraternal benefit society, is a non-profit corporation dedicated to making a difference in the lives of its members and their communities. Through the sale of life insurance and annuities, this organization generates earnings that are subsequently returned in various forms.

The mission of Kjzt Family Life is multifaceted. On one hand, it focuses on providing direct member benefits, returning a portion of the earnings back to those who have invested in the organization. On the other hand, it extends its reach beyond its members, giving back to the wider community and offering support to the Catholic Church.

In practice, Kjzt Family Life translates its commitment into concrete actions. By returning earnings to its members, it offers a tangible benefit, providing financial security and peace of mind. Moreover, by supporting community service and the Catholic Church, it contributes to the well-being of the community at large and strengthens the spiritual foundation of its members.

In summary, Kjzt Family Life is an organization that believes in the power of collective action to create positive change. By generating earnings from the sale of insurance products and returning them to its members and the community, it fosters financial security and supports various social causes, ultimately enhancing the lives of those it serves.

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Impact




October, 2024

Kjzt Family Life significantly impacts its members and the broader community by providing financial security through life insurance and annuities. The organization focuses on mutual benefit, ensuring that the earnings generated from its services are returned to members in various ways. This includes direct member benefits that enhance their well-being and resources, fostering a strong sense of community.

Additionally, Kjzt Family Life plays a vital role in supporting the Catholic Church and engaging in community service initiatives. This support strengthens local congregations, enabling them to serve their communities more effectively. By aligning financial assistance with charitable efforts, Kjzt Family Life cultivates a spirit of generosity and cooperation among its members, reinforcing the values of mutual aid and service.

Overall, the organization's commitment to its members and the community enhances social cohesion and provides essential support, thereby fostering a sense of belonging and shared purpose.




This information is meant to be a general summary of Kjzt Family Life. 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
$12,870,988 (2022)
Expenses
$10,417,840 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,531,377
  • Program Service Revenue: $4,144,460
  • Gross Receipts: $12,870,988

Assets and Liabilities:

  • Total Assets: $165,037,620
  • Total Liabilities: $141,245,283
  • Net Assets: $23,792,337

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Programs

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

PREMIUM

Revenue

$4,144,460

Organization Details

Founding Year

1984

Principal Officer

Catherine Sylvester

Main Address

PO BOX 18896, AUSTIN, TX, 787608896

NTEE Category

Code: Y40 - Mutual benefit

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