Woodmen Of The World Life Insurance Society is located in Hazel, KY. 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 12/2019, Woodmen Of The World Life Insurance Society generated $97.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $142.6k during the year ending 12/2019. While expenses have increased by 4.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Program Activity:
Part 3
THE FRATERNAL ORGANIZAATION IS COMMITTED TO HELPING FAMILIES SEEKING INSURANCE PROTECTION AND FINANCIAL SECURITY. IT ALSO PROVIDES LEADERSHIP AND GUIDANCE TO ITS MEMBERS THROUGH A BI-ANNUAL CONVENTION AND IS COMMITTED TO HAVING A POSITIVE IMPACT ON THE COMMUNITIES THAT IT SERVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Riggs Vice President | 0 | $0 | |
Karlie Sudlow Secretary | 0 | $0 | |
Wilma Jean Smith Past President | 0 | $0 | |
Virgil Dryden Trustee | 0 | $0 | |
Pat Latimer Treasurer | 0 | $0 | |
Mary Ann Mcnew Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $97,731 |
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 | $97,731 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $142,587 |
Total expenses | $142,587 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,798 |
Other assets | $0 |
Total assets | $12,798 |
Total liabilities | $0 |
Net assets or fund balances | $12,798 |
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