Cause IQ organization profile

Modern Woodmen of America

Modern Woodmen of America is a fraternal society based in Rock Island, IL that was founded in 1883. As of 2019 they had $1.6 billion in revenue and $16 billion in assets.

EIN:

36-1493430

City:

Rock Island

State:

Illinois

Metro:

Davenport-Moline-Rock Island, IA-IL

Website:

modernwoodmen.org

Founded:

1883

Type:

501(c)(8)

NTEE:

Y40: Fraternal organizations

Revenue:

$1,682,627,046

Assets:

$16,475,930,289

Employees:

2,174

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Modern Woodmen of America

Life insurance programs: Modern Woodmen of America provides benefits and services coverage for life, annuity, and accident & health insurance (753,245 members)

Youth community service programs: youth activities (5,431) and programs (10,885)

Fraternal benefits (30,602 beneficiaries)

Form 990s for Modern Woodmen of America

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 31, 2020	990	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Dec 26, 2017	990O	View PDF
2015-12	Mar 2, 2017	990O	View PDF
2014-12	Feb 17, 2016	990O	View PDF
...and five more Form 990 PDFs

Financials for Modern Woodmen of America

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$1,682,627,046	$1,680,010,930	0.2%
Investment income and dividends	$0	$0
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$1,682,627,046	$1,680,010,930	0.2%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$520,082	$469,556	10.8%
Grants to individuals in USA	$522,465	$518,165	0.8%
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$1,222,727,997	$1,267,338,621	-3.5%
Compensation of current officers, etc.	$7,602,904	$6,830,456	11.3%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$37,731,698	$37,059,605	1.8%
Pension/retirement accruals and contributions	$21,167,477	$22,387,107	-5.4%
Other employee benefits	$17,146,954	$16,675,260	2.8%
Payroll taxes	$6,957,926	$7,343,743	-5.3%
Management fees	$0	$0
Legal fees	$882,061	$545,881	61.6%
Accounting fees	$275,876	$585,526	-52.9%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$1,258,962	$881,878	42.8%
Other fee-for-service	$1,098,925	$1,309,719	-16.1%
Advertising and promotion	$1,537,549	$1,897,098	-19.0%
Office expenses	$5,627,356	$6,019,558	-6.5%
Information tech. expenses	$552,767	$3,740,451	-85.2%
Royalty expenses	$0	$0
Occupancy	$5,743,160	$5,722,582	0.4%
Travel	$432,530	$408,147	6.0%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$2,252,749	$2,037,842	10.5%
Interest	$6,635,056	$2,831,067	134.4%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$8,178,687	$6,383,375	28.1%
Insurance	$414,972	$343,078	21.0%
All other expenses	$223,476,187	$199,789,239	11.9%
Total expenses	$1,572,744,340	$1,591,117,954	-1.2%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$4,294,666	$733,301	485.7%
Savings, short-term investments, etc.	$264,433,808	$295,582,741	-10.5%
Pledges and grants receivable	$0	$0
Accounts receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$24,561,338	$26,061,219	-5.8%
Investments, publicly traded securities	$0	$0
Investments, other securities	$1,006,416	$20,937,056	-95.2%
Investments, program-related	$15,023,572,518	$14,746,666,554	1.9%
Intangible assets	$0	$0
Other assets	$1,158,061,543	$1,076,283,124	7.6%
Total assets	$16,475,930,289	$16,166,263,995	1.9%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$15,854,011	$15,951,365	-0.6%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$372,975,653	$266,124,231	40.2%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$14,208,171,495	$14,063,900,416	1.0%
Total liabilities	$14,597,001,159	$14,345,976,012	1.7%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Modern Woodmen of America

Vendor	Services	Amount paid	Date
RSM Us LLP	Tax accounting		2020-01-31
███ █████████ ████████ ███	Insurance agent or broker	$1,529	2019-12-31
████████ █████████ ███████	Insurance		2019-12-31
██████ ██ █████ ████ █████████ ███████	Insurance		2019-12-31
███████ ███████████	Insurance agent or broker	$27,449	2019-12-31
█████ ███ █████ ██ ███	Audit and Consulting; Audit accounting	$416,246	2018-12-01
████████ ████████ █████	Investment Management	$307,897	2018-12-01
███	Va Product Management	$923,728	2018-12-01
...and 32 more vendors

Personnel at Modern Woodmen of America

Name	Title	Compensation	Most recent data
Todd D Swanson	Chief Accounting Officer / Controller	$312,322	Jan. 31, 2020
Daniel G Depuydt	Human Resources Director	$410,580	Dec. 31, 2018
██████ ██ ███████	General Counsel	$374,769	April 13, 2020
██████ █ ████████	Director	$658,103	Dec. 31, 2018
█████ ███ ██████	Former General Counsel	$759,487	Dec. 31, 2018
█████ ███████ █████	Former National Secretary	$2.9 million	Dec. 31, 2018
███████ ████ ████████	Former Assistant National Secretary	$687,129	Dec. 31, 2018
█████ █ ███	Treasurer	$614,869	April 13, 2020
██████ ██ ███████	National Secretary	$701,240	April 13, 2020
████ ████ ██████	Fraternal Director	$297,658	Dec. 31, 2018
...and nine more key personnel

Peer fraternal organizations

	Name	Type	Revenue	Location
1	WoodmenLife	501(c)(8)	$1.0 billion	Omaha, NE
2	Knights of Columbus - Supreme Council	501(c)(8)	$2.4 billion	New Haven, CT
3	Delta Dental of Illinois	501(c)(4)	$777 million	Naperville, IL
4	Unite Here Health	501(c)(9)	$1.0 billion	Aurora, IL
5	Independent Health Association	501(c)(4)	$1.4 billion	Buffalo, NY
6	Capital District Physicians Health Plan (CDPHP)	501(c)(4)	$1.5 billion	Albany, NY
7	Delta Dental of Missouri	501(c)(4)	$623 million	St Louis, MO
8	Community Health Plan of Washington (CHPW)	501(c)(4)	$876 million	Seattle, WA
9	Maine Community Health Options	501(c)(29)	$424 million	Lewiston, ME
10	Common Ground Healthcare Cooperative	501(c)(29)	$566 million	Brookfield, WI
11	Tufts Health Public Plans	501(c)(4)	$2.1 billion	Watertown, MA
12	Sharp Health Plan	501(c)(4)	$727 million	San Diego, CA
13	Building Service 32BJ Health Fund	501(c)(9)	$1.4 billion	New York, NY
14	WEA Insurance Corporation	501(c)(9)	$623 million	Madison, WI
15	American Postal Workers Union Health Plan (APWU)	501(c)(9)	$1.3 billion	Glen Burnie, MD
16	Michigan Education Special Services Association	501(c)(9)	$587 million	East Lansing, MI
17	Motion Picture Industry Pension and Health Plans (MPIPHP)	501(c)(9)	$854 million	Studio City, CA
18	Government Employees Health Association	501(c)(9)	$4.2 billion	Lees Summit, MO
19	The Chicago Community Trust	501(c)(3)	$697 million	Chicago, IL
20	PAC-12 Conference	501(c)(3)	$496 million	San Francisco, CA
21	Wisconsin Foundation and Alumni Association (UWF)	501(c)(3)	$563 million	Madison, WI
22	International Olympic Committee	501(c)(4)	$2.3 billion	Switzerland,
23	Community Health Choice Texas	501(c)(4)	$961 million	Houston, TX
24	North Los Angeles County Regional Center (NLACRC)	501(c)(3)	$462 million	Chatsworth, CA
25	Delta Dental of Pennsylvania	501(c)(4)	$770 million	Mechanicsburg, PA

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Cause IQ organization profile

Modern Woodmen of America

Program areas at Modern Woodmen of America

Form 990s for Modern Woodmen of America

Financials for Modern Woodmen of America

Vendors for Modern Woodmen of America

Personnel at Modern Woodmen of America

Peer fraternal organizations

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