Woodmen Of The World Life Insurance Society
- Assets
- $216.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Locust, NC
- Founding
- 12/1941
- Data as of
- 12/2023
- EIN
- 23-7629443
Organization Overview
Woodmen Of The World Life Insurance Society is located in Locust, NC. 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 $7.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $39.5k during the year ending 12/2023. 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
EXPENSES ARE DIRECTLY RELATED TO SERVING OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donnie Clay President | 0.5 | $0 | |
Micaela Koffler Secretary | 0.5 | $0 | |
Paulette Hilson Treasurer | 0.5 | $0 | |
Barbara Clay Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,678 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,678 |
| 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 | $225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,246 |
| Total expenses | $39,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $216,499 |
| Other assets | $0 |
| Total assets | $216,499 |
| Total liabilities | $0 |
| Net assets or fund balances | $216,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Global Network Foundation Inc Society Of Intl Business Fellows Atlanta, GA | $3,521,177 | $801,150 |
International Live Events Association Inc McLean, VA | $193,929 | $553,681 |
Sogya Inc Fort Belvoir, VA | $0 | $313,585 |
Woodmen Of The World Life Insurance Society Adel, GA | $37,727 | $0 |
International Seafarers Center Inc Brunswick, GA | $449,537 | $186,310 |
Woodmen Of The World Life Insurance Society Verona, VA | $132,713 | $229,765 |
Woodmen Of The World Life Insurance Society Piney Flats, TN | $29,248 | $0 |
Woodmen Of The World Life Insurance Society Lynchburg, VA | $363,519 | $0 |
Woodmen Of The World Life Insurance Society Roanoke, VA | $73,730 | $0 |
Woodmen Of The World Life Insurance Society Locust, NC | $216,499 | $0 |
Woodmen Of The World Life Insurance Society Columbus, GA | $9,259 | $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 |
Woodmen Of The World Life Insurance Society Waycross, GA | $231,856 | $203,833 |