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 12/2022, Woodmen Of The World Life Insurance Society generated $53.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $61.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCIAL AND CHARITABLE ASSOCIATION IN THE AREA WITH FLAGS, YOUTH PROGRAMS, ETC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Chumley President | 2 | $0 | |
Mary Bishop Secretary | 2 | $0 | |
Gary Davis Treasurer | 2 | $0 | |
Ken E Widener Auditor | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,600 |
Total Program Service Revenue | $13,532 |
Membership dues | $38,292 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,424 |
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 | $45,928 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $15,304 |
Total expenses | $61,232 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $17,024 |
Other assets | $0 |
Total assets | $73,439 |
Total liabilities | $0 |
Net assets or fund balances | $73,439 |
Organization Name | Assets | Revenue |
---|---|---|
Institute For International Law And Human Rights Washington, DC | $181,232 | $1,967,547 |
International Academy Of Family Lawyers Bethesda, MD | $2,657,944 | $1,068,939 |
International Live Events Association Inc McLean, VA | $201,517 | $647,977 |
Woodmen Of The World Life Insurance Society Verona, VA | $132,713 | $229,765 |
Woodmen Of The World Life Insurance Society Hazel, KY | $12,798 | $0 |
Woodmen Of The World Life Insurance Society Piney Flats, TN | $29,248 | $0 |
Sogya Inc Fort Belvoir, VA | $228,339 | $299,160 |
Woodmen Of The World Life Insurance Society Roanoke, VA | $73,439 | $0 |
Woodmen Of The World Life Insurance Society Lynchburg, VA | $363,519 | $0 |
Woodmen Of The World Life Insurance Society Locust, NC | $248,292 | $0 |
Woodmen Of The World Life Insurance Society Bristol, TN | $58,779 | $0 |
Woodmen Of The World Life Insurance Society Southern Pines, NC | $163,918 | $0 |