2024-11-14T10:46:40-06:00 2023-12-31 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2023-01-01 361635425 POLISH ROMAN CATHOLIC UNION OF AMERICA POLI 7737822600 984 N MILWAUKEE AVENUE CHICAGO IL 60642 JAMES J ROBACZEWSKI PRESIDENT 7737822600 2024-11-13 1 1 KIRSTEN H KIENZLER P01714919 2177890960 2024-11-13 2023 2024-10-15 13:58:12Z JAMES J ROBACZEWSKI 984 N MILWAUKEE AVENUE CHICAGO IL 60642 107321830 0 X WWW.PRCUA.ORG X 1887 IL THE POLISH ROMAN CATHOLIC UNION OF AMERICA IS A FRATERNAL BENEFIT SOCIETY THAT PROVIDES HIGH QUALITY INSURANCE AND FINANCIAL PRODUCTS, AS WELL AS FRATERNAL ACTIVITIES FOR MEMBERS IN THE POLISH AMERICAN COMMUNITY. 17 14 40 1000 0 0 0 0 28338251 48191221 13736753 12318678 87849 33935 42162853 60543834 121300 110000 19046987 82558842 2767694 2914170 0 0 0 20356635 -22427328 42292616 63155684 -129763 -2611850 256053247 227549821 245982554 219396083 10070693 8153738 THE POLISH ROMAN CATHOLIC UNION OF AMERICA IS A FRATERNAL BENEFIT SOCIETY THAT PROVIDES HIGH QUALITY INSURANCE AND FINANCIAL PRODUCTS, AS WELL AS FRATERNAL ACTIVITIES FOR MEMBERS IN THE POLISH AMERICAN COMMUNITY. 0 0 TO PROVIDE HIGH QUALITY INSURANCE AND RETIREMENT PRODUCTS TO ITS MEMBERS AS A FRATERNAL LIFE INSURANCE COMPANY, AS WELL AS FRATERNAL ACTIVITES FOR THE BENFIT OF THE MEMBERS. PROGRAM SERVICES INCLUDE $82,558,842 FOR BENEFITS PAID TO OR FOR MEMBERS FOR LIFE AND ANNUITY BENEFITS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1251 0 1 40 1 0 0 0 0 0 0 0 0 0 0 X 17 14 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 1 1 1 0 IL X AGNIESZKA BASTRZYK 7737822600 984 N MILWAUKEE AVE CHICAGO IL 60642 PATRICK C KOSOWSKI DIRECTOR 4.00 X 4200 0 0 THOMAS D JESIONOWSKI DIRECTOR 4.00 X 4575 0 0 ANDREW T LECH DIRECTOR 4.00 X 3000 0 0 JOANNA E CHOLEWINSKI DIRECTOR 4.00 X 5100 0 0 MYRON E CISLO DIRECTOR 4.00 X 4575 0 0 ELIZABETH D DYNOWSKI DIRECTOR 4.00 X 3675 0 0 ELIZABETH A SADUS DIRECTOR 4.00 X 5850 0 0 COLLEEN K BONKOWSKI DIRECTOR 4.00 X 5250 0 0 GEORGE W DAVID DIRECTOR 4.00 X 3000 0 0 REV WALTER J PTAK NATIONAL CHAPLAIN 4.00 X 7500 0 0 VALERIE L BRUMM DIRECTOR 4.00 X 3225 0 0 GREGORY B OLMA DIRECTOR 4.00 X 4125 0 0 VIKTORIAJEAN MIXON DIRECTOR 4.00 X 4125 0 0 KEVIN KUCIK DIRECTOR 4.00 X 3000 0 0 JAMES J ROBACZEWSKI PRESIDENT 50.00 X 161230 0 22462 MICHELINE I JAMINSKI VICE PRESIDENT 50.00 X 114421 0 25257 AGNIESZKA J BASTRZYK SECRETARY-TREASURER 50.00 X 109221 0 4167 KEVIN RYBA IT DIRECTOR 50.00 X 193920 0 74267 639992 0 126153 4 0 1 0 AQS ASSET MANAGEMENT 5806 MESA DR 220 AUSTIN TX 78731 INVESTMENT ADVISOR 189189 STEIMLA & ASSOCIATES 2867 GYPSUM CIRCLE NAPERVILLE IL 60564 ACTUARIAL 120000 2 ANNUITY PREMIUMS 524113 45681308 45681308 LIFE PREMIUMS 524113 2509913 2509913 48191221 12647683 12647683 179766 218736 -38970 -38970 -38970 46230255 46559260 -329005 -329005 -329005 AMORTIZATION OF THE IMR 524113 68443 68443 MISCELLANEOUS 524113 4462 4462 72905 60543834 48195683 0 12348151 85000 25000 82558842 639992 1480036 300000 327051 167091 24276 54054 450649 37648 243722 380168 50500 42594 237636 157695 FRATERNAL EXPENSES 754118 COMMISSIONS 482936 ACTUARY FEES 158468 ORGANIZING & FIELD EXPE 116522 -25618314 63155684 2450 2450 7340604 17572887 7214027 3516360 3873246 3697667 229655758 189375315 12200035 14404259 2981154 2497243 256053247 227549821 354663 373516 377140 338651 245250751 218683916 245982554 219396083 X 0 0 0 0 10070693 8153738 10070693 8153738 256053247 227549821 X -2611850 58450 636445 X X 0 1 X 1 0 701829 701829 6512198 3516360 2995838 3697667 MORTGAGE LOANS 13844152 C CERTIFICATE LOANS 560107 C 14404259 AGGREGATE RESERVE FOR CERTIFICATES 214097848 ASSET VALUATION RESERVE (AVR) 2638141 CERTIFICATE CONTRACT CLAIMS PAYABLE 1364063 INTEREST MAINTENACE RESERVE (IMR) 399220 PROVISION FOR REFUNDS PAYBLE 150000 SURRENDER VALUE ON CANCELLED CERTS. 34644 218683916 X 60236598 0 60236598 450650 -143414 307236 60543834 62848448 0 62848448 450650 -143414 307236 63155684 PART X, LINE 2: THE POLISH ROMAN CATHOLIC UNION OF AMERICA IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501 (C) (8) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED A PRIVATE FOUNDATION. THE UNION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES AND LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE UNION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLE POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE DATE OF THE STATEMENTS OF FINANCIAL POSITION. PENALTIES AND INTEREST ASSESSED BY TAKING AUTHORITITES ARE INCLUDED IN GENERAL EXPENSES IF APPLICABLE, THERE WERE NO INTEREST OR PENALTIES PAID DURING FISCAL YEAR 2023 AND 2022. THE UNION FILES FORM 990 ANNUALLY IN THE FEDERAL JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS TO IMR -143,414. PART XII, LINE 4B - OTHER ADJUSTMENTS: TRANSFERS TO IMR -143,414. 1 POLISH MUSEUM OF AMERICA 984 N MILWAUKEE AVE CHICAGO IL 60642 510210113 85000 0 BOOK N/A CULTURAL 1 SCHOLARSHIPS 21 25000 PART I, LINE 2: THE OFFICERS AND DIRECTORS ARE ACTIVE PARTICIPANTS IN THE ACTIVITIES OF THE ORAGANIZATION. THEY ARE FAMILIAR WITH THE LEADERS AND MEMBERS OF THE MUSEUM. X 0 0 0 KEVIN RYBA IT DIRECTOR 193920 0 0 0 0 0 0 0 74267 0 268187 0 0 0 JAMES J ROBACZEWSKI PRESIDENT 161230 0 0 0 0 0 0 0 22462 0 183692 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ARE INDIVIDUALS WHO BELONG TO A LOCAL SOCIETY AND HAVE MET THE MEMBERSHIP REQUIREMENTS BY PURCHASING ONE OR MORE INSURANCE AND/OR ANNUITY PRODUCTS OF THE POLISH ROMAN CATHOLIC UNION OF AMERICA. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT DELEGATES TO A NATIONAL CONVENTION EVERY FOUR YEARS. THE CONVENTION DELEGATES ELECT THE OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. THE PREPARED FORM 990 IS FORWARDED TO THE ORGANIZATIONS PRESIDENT FOR HIS REVIEW. THE PRESIDENT IS AUTHORIZED BY THE ORGANIZATION'S BOARD TO REVIEW AND SIGN THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE STATEMENTS ARE MONITORED BY THE ORGANIZATIONS SECRETARY TREASURER WHO MONITORS ANY DISCLOSED CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS SET BY THE BUDGET & GRIEVENCE COMMITTEE THROUGH INTERVIEWS WITH OFFICERS AND REVIEW OF PERFORMANCE EVALUATIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ASSET VALUATION RESERVE -142,382. CHANGE IN NON ADMITTED ASSETS -134,289. CHANGE IN PENSION LIABILITY 913,116. FORM 990, PART XII, LINE 1, OTHER ACCOUNTING METHOD: REGULATORY BASIS FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. PRCUA EDUCATION FUND 984 N MILWAUKEE AVE CHICAGO IL 606424101 364356984 SCHOLARSHIPS FOR HIGHER EDUCATION IL 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0