Overview
What is The Independent Order Of Foresters?
The Independent Order of Foresters is a fraternal benefit society and nonprofit organization, headquartered at 789 Don Mills Road, Toronto, Ontario, Canada (M3C 1T9). With a presence in the United States, Canada, and the United Kingdom, Foresters boasts a membership base of over 2.4 million individuals. The organization offers various financial services, including life, health, and annuity benefits, which cost approximately $733 million to provide, excluding actuarial reserves. Foresters fosters a unique sense of community among its members through local volunteer opportunities and family-focused events, making it more than just an insurer. Its mission is to improve the well-being of its members, their families, and their local communities, as guided by the member-governed Branch network. Overall, Foresters is a nonprofit organization dedicated to enhancing the lives of its members and promoting community engagement.
Official website here: www.foresters.com
What are the reviews and ratings of this charity?
The Independent Order Of Foresters is not currently rated by Charity Navigator. Ratings typically require data from specific categories like Accountability & Finance or Impact & Measurement, but since this organization is not registered as a 501(c)(3) nonprofit, it cannot be evaluated under these criteria. This lack of rating does not inherently imply a positive or negative status; it simply reflects limitations in available data.
Charity Navigator's historic evaluations focused mainly on financial accountability and transparency, areas not applicable here due to the organization's classification. Information on total revenue, expenses, and salaries of key individuals remains unavailable, underscoring a gap in financial assessment data typically seen in rated nonprofits.
Without user reviews on GreatNonprofits, public insights and anecdotal experiences with The Independent Order Of Foresters remain undocumented. Hence, any potential strengths or challenges acknowledged by past beneficiaries and stakeholders are not reflected in the current data.
This AI summary has been generated from information found on Charity Navigator.
Is The Independent Order Of Foresters legitimate?
The Independent Order Of Foresters is a legitimate nonprofit organization registered as a 501(c)(8) entity. The Independent Order Of Foresters 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: $18,128,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,151,241
For more financial information, click here
Official website here: www.foresters.com
What is the mission statement of The Independent Order Of Foresters?
The Independent Order of Foresters is a fraternal benefit society dedicated to improving the well-being of its members, their families, and their communities. Through its member-governed branches, Foresters offers opportunities for local volunteer activities and family events. The organization's purpose is encapsulated in its common bond, which champions the well-being of its members by providing quality life insurance, unique member benefits, and inspiring community activities. Foresters' mission is member-driven, with a focus on enhancing the livelihoods of its members and their loved ones. Approximately 2.45 million members across the United States, Canada, and the United Kingdom benefit from Foresters' insurance offerings, which include life, health, and annuity plans. The cost of providing these benefits totals approximately $733 million annually, excluding changes in actuarial reserves.
Official website here: www.foresters.com
Who is the CEO of The Independent Order Of Foresters?
Rene Zanin is the CEO of The Independent Order Of Foresters The CEO's salary of The Independent Order Of Foresters is $587,967 and their total compensation is $587,967.
Official website here: www.foresters.com
What is the revenue of The Independent Order Of Foresters?
The Independent Order Of Foresters's revenue in 2023 was $928,907,905.
Official website here: www.foresters.com
Who are the executives of The Independent Order Of Foresters and what are their salaries?
The average compensation at The Independent Order Of Foresters during 2023 was $892,343. There are 81 employees and 5374 volunteers at The Independent Order Of Foresters.
Here are 55 key members and their salaries (The Independent Order Of Foresters's CEO's salary is $587,967 and their total compensation is $587,967):
- Compensation: $3,277,036
- Related: $0
- Other: $0
- Compensation: $1,435,641
- Related: $0
- Other: $0
- Compensation: $716,824
- Related: $0
- Other: $0
- Compensation: $689,657
- Related: $0
- Other: $0
- Compensation: $587,967
- Related: $0
- Other: $0
- Compensation: $493,748
- Related: $0
- Other: $0
- Compensation: $488,196
- Related: $0
- Other: $0
- Compensation: $460,077
- Related: $0
- Other: $0
- Compensation: $426,291
- Related: $0
- Other: $0
- Compensation: $360,469
- Related: $0
- Other: $0
- Compensation: $338,809
- Related: $0
- Other: $0
- Compensation: $319,089
- Related: $0
- Other: $0
- Compensation: $312,285
- Related: $0
- Other: $0
- Compensation: $310,777
- Related: $0
- Other: $0
- Compensation: $308,113
- Related: $0
- Other: $0
- Compensation: $305,792
- Related: $0
- Other: $0
- Compensation: $296,538
- Related: $0
- Other: $0
- Compensation: $294,472
- Related: $0
- Other: $0
- Compensation: $288,033
- Related: $0
- Other: $0
- Compensation: $287,424
- Related: $0
- Other: $0
- Compensation: $265,185
- Related: $0
- Other: $0
- Compensation: $244,771
- Related: $0
- Other: $0
- Compensation: $244,563
- Related: $0
- Other: $0
- Compensation: $235,462
- Related: $0
- Other: $0
- Compensation: $225,577
- Related: $0
- Other: $0
- Compensation: $215,000
- Related: $0
- Other: $0
- Compensation: $212,702
- Related: $0
- Other: $0
- Compensation: $205,333
- Related: $0
- Other: $0
- Compensation: $201,622
- Related: $0
- Other: $0
- Compensation: $195,689
- Related: $0
- Other: $0
- Compensation: $192,435
- Related: $0
- Other: $0
- Compensation: $184,136
- Related: $0
- Other: $0
- Compensation: $183,047
- Related: $0
- Other: $0
- Compensation: $179,968
- Related: $0
- Other: $0
- Compensation: $174,536
- Related: $0
- Other: $0
- Compensation: $172,063
- Related: $0
- Other: $0
- Compensation: $169,712
- Related: $0
- Other: $0
- Compensation: $168,519
- Related: $0
- Other: $0
- Compensation: $163,692
- Related: $0
- Other: $0
- Compensation: $162,667
- Related: $0
- Other: $0
- Compensation: $156,817
- Related: $0
- Other: $0
- Compensation: $154,942
- Related: $0
- Other: $0
- Compensation: $153,104
- Related: $0
- Other: $0
- Compensation: $152,147
- Related: $0
- Other: $0
- Compensation: $147,118
- Related: $0
- Other: $0
- Compensation: $144,692
- Related: $0
- Other: $0
- Compensation: $142,092
- Related: $0
- Other: $0
- Compensation: $141,000
- Related: $0
- Other: $0
- Compensation: $139,666
- Related: $0
- Other: $0
- Compensation: $137,037
- Related: $0
- Other: $0
- Compensation: $137,037
- Related: $0
- Other: $0
- Compensation: $134,611
- Related: $0
- Other: $0
- Compensation: $133,600
- Related: $0
- Other: $0
- Compensation: $133,600
- Related: $0
- Other: $0
- Compensation: $127,170
- Related: $0
- Other: $0
Official website here: www.foresters.com
Where can I find the form 990 for The Independent Order Of Foresters?
The Independent Order Of Foresters's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foresters.com
Learn more at the official website: www.foresters.com
Mission Statement of The Independent Order Of Foresters
The Independent Order of Foresters, a member-governed fraternal benefit society, is dedicated to enhancing the well-being of its members, their families, and their local communities. With a strong focus on community service, Foresters offers its members various opportunities to volunteer and engage in family-oriented events through its Branch network.
Foresters' mission, as stated in its Common Bond, is to champion the welfare of its members, their families, and the communities where they reside. This commitment is demonstrated through the provision of quality life insurance, exclusive member benefits, and inspiring community activities. The organization prides itself on being member-governed, allowing its members to have a direct voice in its operations.
Approximately 2,447,407 members across the United States, Canada, and the United Kingdom reap the benefits of Foresters' insurance offerings, including life, health, and annuity plans. The total cost of providing these membership benefits amounts to approximately $733 million, excluding changes in actuarial reserves. Through its insurance products and unique benefits, The Independent Order of Foresters strives to improve the lives of its members and their families, while fostering a sense of community and togetherness.
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Impact
October, 2024
The Independent Order of Foresters significantly enhances the well-being of its members, their families, and local communities. By offering a range of financial services products, including life, health, and annuity benefits, it supports approximately 2.4 million members across the United States, Canada, and the United Kingdom. With an investment of around $733 million in membership benefits, Foresters ensures that its members have access to essential financial protection.
Beyond financial services, Foresters fosters community engagement through its member-governed Branch network, which provides opportunities for local volunteer activities and family-focused events. This approach not only strengthens family and community bonds but also empowers members to take an active role in improving their surroundings.
Through its commitment to member welfare and community service, The Independent Order of Foresters plays a vital role in championing the quality of life for its members and the broader communities they inhabit.
This information is meant to be a general summary of The Independent Order Of Foresters. 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: $342,090,094
- Program Service Revenue: $566,059,865
- Gross Receipts: $928,907,905
Assets and Liabilities:
- Total Assets: $5,126,809,799
- Total Liabilities: $3,589,783,829
- Net Assets: $1,537,025,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Insurance Revenue
Revenue
$566,059,865
Organization Details
Founding Year
1881
Principal Officer
Rene Zanin
Website
www.foresters.comNTEE Category
Code: Y40 - Mutual benefit
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