Cause IQ organization profile

National Mutual Benefit

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

National Mutual Benefit is a fraternal society based in Madison, WI that was founded in 1916. As of 2019 they had $37 million in revenue and $342 million in assets.

Fraternal Benefit Society - As a fraternal benefit insurance society, our mission is to provide meaningful fraternal programs and benefits for our members as well as high quality insurance products and services. We strengthen our members fraternally t...

EIN:
39-0494090
City:
State:
Website:
Founded:
1916
Type:
501(c)(8)
NTEE:
Revenue:
$37,820,673
Assets:
$342,336,050
Employees:
105
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at National Mutual Benefit

FRATERNAL ACTVITIES AND PROGRAMS - The following is a report of expenditures, activities and programs of National Mutual Benefit and its branches completed in 2018 in fulfillment of the Society's fraternal character: 1. National Office Branch Support: Subsidies are sent to fraternal branches on a quarterly basis, based on the number of members in a geographic area. Payments range from $100 - $600 per quarter for 40 branches. Incentive cash awards for volunteer activity are presented in addition to quarterly payments. Total amount of payments: $54,725 2. The Community Benefit program offers additional grants to branches for service projects organized by NMB members to help people with basic needs. NMB members are actively involved in organizing activities that impact: scholarship programs, blood donation drives, fire and police departments, city and county parks, crime prevention programs, food pantries, schools, homeless shelters, senior citizens, and children, essay, photo and coloring contests, book ...

INSURANCE ACTIVITIES: The primary purpose of the insurance activities of National Mutual Benefit is to accomplish the exempt purpose of the fraternal benefit society rather than to produce income. Number of members: 32,268

Form 990s for National Mutual Benefit

Fiscal year endingDate received by IRSFormPDF link
2019-12Oct 22, 2020990View PDF
2018-12Jun 19, 2019990View PDF
2017-12Jun 14, 2018990View PDF
2016-12Oct 4, 2017990OView PDF
2015-12Sep 22, 2016990OView PDF
...and six more Form 990 PDFs

Financials for National Mutual Benefit

Field2018
Total grants, contributions, etc.$0
Program services$37,820,673
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$37,820,673

Vendors for National Mutual Benefit

VendorServicesAmount paidDate
WordPressContent management system software2020-03-06
████████ ███████ ███████Actuarial Consultants$151,8462018-12-01
█████ ████████ ███Bond Investment Managers$468,7462018-12-01
███ ███████ ████████ ███Technology$221,7282018-12-01
███████ ███████████Building Improvements$104,3152018-12-01

Personnel at National Mutual Benefit

NameTitleCompensationMost recent data
Daniel L ShinnickPresident and Chief Executive Officer$315,245Dec. 31, 2018
Steven ReindlVice President - Ops and Senior Vice President - Finance and Secretary and Treasurer / Secretary and Vice President - Operations$228,361June 4, 2019
████ █ ███████Vice President - Marketing and GM - Independent Agencies$146,420Dec. 31, 2018
█████ █ ██████Senior Vice President - Marketing and Sales$3,600Dec. 31, 2018
█████ █ ██████Treasurer and Senior Vice President - Market Development$105,651Dec. 31, 2018
████████ █ ██████Member Services Manager and Vice President - Member Services$68,313Dec. 31, 2018
████ █ ██████Former Director-Dec. 31, 2018
█████ █ ██████████District Manager - Dakotas Agency$103,878Dec. 31, 2018
████ █ ████GM of Agencies$105,233Dec. 31, 2018
███████ █ █████████Assistant Ops Manager and Vice President - Change Champions$72,006Dec. 31, 2018
...and five more key personnel

Peer fraternal organizations

 NameTypeRevenueLocation
1Royal Arcanum501(c)(8)$11 millionBoston, MA
2Portuguese Fraternal Society of America501(c)(8)$13 millionModesto, CA
3Slovene National Benefit Society (SNPJ)501(c)(8)$16 millionImperial, PA
4Slovak Catholic Sokol501(c)(8)$11 millionPassaic, NJ
5Woman's Life Insurance Society501(c)(8)$20 millionPort Huron, MI
6Everence Association501(c)(8)$76 millionGoshen, IN
7Royal Neighbors of America501(c)(8)$185 millionRock Island, IL
8Western Fraternal Life Association501(c)(8)$29 millionCedar Rapids, IA
9Degree of Honor Protective Association501(c)(8)$23 millionSaint Paul, MN
10Moose International501(c)(8)$52 millionMooseheart, IL
11Hermann Sons Life501(c)(8)$23 millionSan Antonio, TX
12SPJST (SPJST)501(c)(8)$22 millionTemple, TX
13Catholic Order of Foresters (COF)501(c)(8)$114 millionNaperville, IL
14National Catholic Society of Foresters (NCSF)501(c)(8)$11 millionMount Prospect, IL
15Catholic United Financial501(c)(8)$78 millionArden Hills, MN
16Order of United Commercial Travelers of America501(c)(8)$18 millionColumbus, OH
17Polish National Alliance of the US of NA501(c)(8)$35 millionChicago, IL
18Sons of Norway501(c)(8)$45 millionMinneapolis, MN
19Fraternal Order of Eagles501(c)(8)$11 millionGrove City, OH
20Polish Roman Catholic Union of America (PRCUA)501(c)(8)$26 millionChicago, IL
21Ukrainian National Association501(c)(8)$13 millionParsippany, NJ
22Telephone and Data Systems Employee Benefit Trust501(c)(9)$117 millionMiddleton, WI
23Police and Firemens Insurance Association501(c)(8)$41 millionCarmel, IN
24Excavating Grading and Asphalt Craft 731 Health and Welfare Fund501(c)(9)$10 millionBurr Ridge, IL
25Farm Credit Foundations Welfare Benefits Trust501(c)(9)$147 millionSt Paul, MN