Polish Womens Alliance of America
- Assets
- $51.9m
- Revenue
- $2.4m
- Investments
- $2.4m
- Employees
- 8
- Location
- Chicago, IL
- Founding
- 03/1941
- Data as of
- 12/2016
- EIN
- 36-1635440
Organization Overview
Polish Womens Alliance of America is located in Chicago, IL. The organization was established in 1941. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2016, Polish Womens Alliance of America employed 8 individuals. Polish Womens Alliance of America 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 12/2016, Polish Womens Alliance of America generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE POLISH WOMEN'S ALLIANCE OF AMERICA IS A FRATERNAL BENEFIT SOCIETY THAT PROVIDES INSURANCE AND FINANCIAL PRODUCTS, AS WELL AS FRATERNAL ACTIVITIES FOR ITS MEMBERS IN THE POLISH AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COMPETITIVE INSURANCE AND RETIREMENT PRODUCTS TO ITS MEMBERS AS A FRATERNAL LIFE INSURANCE COMPANY, AS WELL AS FRATERNAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antoinette Trela Financial Offcr | Officer | 40 | $58,473 |
Douglas Harrell Cfo Office Of Special Deputy | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $326,564 |
| Investment income | $2,053,399 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,385,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,518,442 |
| Compensation of current officers, directors, key employees. | $58,473 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,418 |
| Pension plan accruals and contributions | $27,734 |
| Other employee benefits | $0 |
| Payroll taxes | $24,793 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,963 |
| Fees for services: Accounting | $39,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,294 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,387 |
| Information technology | $25,572 |
| Royalties | $0 |
| Occupancy | $123,278 |
| Travel | $30 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,312 |
| Insurance | $35,516 |
| All other expenses | $23,185 |
| Total functional expenses | $2,338,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,591,934 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $45,488,312 |
| Investments—other securities | $2,354,169 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $465,416 |
| Total assets | $51,899,831 |
| Accounts payable and accrued expenses | $251,258 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,617,235 |
| Total liabilities | $52,868,493 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | -$968,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Polish Womens Alliance of America has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Arts Beats & Eats Foundation Royal Oak, MI PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT. | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Catholic Society Of Foresters Schaumburg, IL | $168,779,448 | $18,624,381 |
Western Catholic Union Quincy, IL | $196,139,579 | $14,717,772 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Bloomingdale, IL | $75,070,914 | $2,909,772 |
Polish Womens Alliance of America Chicago, IL | $51,899,831 | $2,385,010 |
Ancient Accepted Scottish Rite Of Free Masonry Nmj Indianapolis, IN | $14,877,083 | $1,938,272 |
Travelers Protective Assn Of America St Charles, MO | $13,980,898 | $1,188,832 |
Iplsa Benefit Association Pawnee, IL | $313,238 | $1,228,770 |
Batavia Lodge No 682 Loyal Order Of Moose Batavia, IL | $1,349,682 | $1,092,000 |
Ancient & Accepted Scottish Rite Of Free Masonry Southern Jurisdiction Louisville, KY | $40,414,977 | $1,252,693 |
Firemens Mutual Aid & Benefit Association Of The City Of Chicago Chicago, IL | $27,179,521 | $845,988 |
Indiana Elks Charities Inc Wanatah, IN | $1,094,312 | $659,306 |
Independent Order Of Odd Fellows Lincoln, IL | $27,349,169 | $960,417 |