Woodmen Of The World Life Insurance Society
- Assets
- $73.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- 12/1941
- Data as of
- 12/2023
- EIN
- 23-7145943
Organization Overview
Woodmen Of The World Life Insurance Society is located in Roanoke, VA. The organization was established in 1941. According to its NTEE Classification (Q35) the organization is classified as: International Democracy & Civil Society Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Woodmen Of The World Life Insurance Society is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2023, Woodmen Of The World Life Insurance Society generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $53.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCIAL AND CHARITABLE ASSOCIATION IN THE AREA WITH FLAGS, YOUTH PROGRAMS, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Chumley President | 2 | $0 | |
Gary Davis Treasurer | 2 | $0 | |
Mary Bishop Secretary | 2 | $0 | |
Ken E Widener Auditor | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $15,364 |
| Membership dues | $36,118 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,982 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $37,667 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,024 |
| Total expenses | $53,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,315 |
| Other assets | $0 |
| Total assets | $73,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,730 |
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Woodmen Of The World Life Insurance Society Verona, VA | $132,713 | $229,765 |
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Woodmen Of The World Life Insurance Society Roanoke, VA | $73,730 | $0 |
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