2024-11-15T17:05:46-05:00 2023-12-31 810950721 HUBBARD FINANCIAL INC 8501 W 191ST STREET UNIT 1 MOKENA IL 604488443 990 2023-01-01 361981330 1891 FINANCIAL LIFE 1891 8473424500 200 N MARTINGALE RD STE 405 SCHAUMBURG IL 60173 LISA BICKUS CEO 8473424500 2024-11-15 true false JOSEPH HUBBARD P01747791 7089662352 2024-11-15 2023 2024-10-15 13:58:12Z LISA BICKUS 200 N MARTINGALE RD STE 405 SCHAUMBURG IL 60173 31081232 false X WWW.1891FINANCIALLIFE.COM X 1894 IL 1891 FINANCIAL LIFE IS A COMMUNITY-BASED INSURANCE ORGANIZATION THAT OFFERS PRODUCTS AND MEMBER BENEFITS THAT ASSIST INDIVIDUALS AND THEIR FAMILIES IN ACHIEVING FINANCIAL SECURITY, WHILE HELPING TO BUILD STRONGER COMMUNITIES BY SUPPORTING SERVICE PROJECTS THAT REFLECT COMMON SHARED VALUES. 8 8 21 0 0 6201384 12193494 8871689 7798482 0 15073073 19991976 72932 88820 10652688 16015963 1808411 2099971 0 0 2099243 2730540 14633274 20935294 439799 -943318 164907014 157615190 146758077 141157858 18148937 16457332 X 1891 FINANCIAL LIFE IS A COMMUNITY-BASED INSURANCE ORGANIZATION THAT OFFERS PRODUCTS AND MEMBER BENEFITS THAT ASSIST INDIVIDUALS AND THEIR FAMILIES IN ACHIEVING FINANCIAL SECURITY, WHILE HELPING TO BUILD STRONGER COMMUNITIES BY SUPPORTING SERVICE PROJECTS THAT REFLECT COMMON SHARED VALUES. false false 1891 FINANCIAL LIFE OFFERS A VARIETY OF BOTH LIFE INSURANCE AND ANNUITY PRODUCTS TO ITS MEMBERS AND IS LICENSED TO WRITE BUSINESS IN 17 STATES CONCENTRATED IN THE CENTRAL UNITED STATES. 1891 FINANCIAL LIFE OFFERS FRATERNAL BENEFITS INCLUDING: 1) CATHOLIC GRADE SCHOOL GRANTS 2) CATHOLIC HIGH SCHOOL GRANTS 3) RELIGIOUS EDUCATION GRANTS 4) HIGHER EDUCATION SCHOLARSHIPS 1891 FINANCIAL LIFE SUPPPORTS FRATERNAL ACTIVITIES INCLUDING: 1) MEANINGFUL VOLUNTEER OPPORTUNITIES 2) MATCHING FUNDS TO LOCAL CHAPTERS (COURTS), FUNDRAISING TO BENEFIT PARISHES, COMMUNITIES AND FAMILIES OR INDIVIDUALS IN NEED false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 2203 0 true 21 true false false false false false false false false X 8 8 false false false false true true false true true false true true true true true true true true false false false X MEEGAN A GIBBONS 8473424500 200 N MARTINGALE RD STE 405 SCHAUMBURG IL 60173 LISA BICKUS CEO 40.00 X 204123 0 31685 BRIAN LAWLESS BOARD TREASU 2.00 X X 19500 0 0 JEANNE FILLIPP DIRECTOR 2.00 X 18000 0 0 MARGARET SCHMITT BOARD CHAIR 2.00 X X 17500 0 0 LEAH JANSEN DIRECTOR 2.00 X X 15875 0 0 CHRISTINE CORSO DIRECTOR 2.00 X 14625 0 0 COLLETTE CESAR DIRECTOR 2.00 X 14000 0 0 MICHAEL FRIAR DIRECTOR 2.00 X 14000 0 0 CAROLE WITKOWSKI DIRECTOR 2.00 X 14000 0 0 331623 31685 2 false true false MANAGEMENT DATA INC 2060 OAK MOUNTAIN DR PELHAM AL 35124 INSURANCE SOFTW 299287 GRIFFITH BALLARD & CO 100 FIRST AVE NORTHEAST STE 117 CEDAR RAPIDS IA 52401 ACTUARIAL 155684 PARKWAY ADVISORS LLP 6550 DIRECTORS PKWY ABILENE TX 79606 INVESTMENT 142355 3 DIRECT LIFE INSURANCE CARRIER 524113 12193112 12193112 ALL OTHER INSURANCE ACTIVITIE 524298 382 382 12193494 7328935 7328935 11444181 114622 11089256 354925 114622 469547 469547 19991976 19991976 25161 25161 63659 63659 16015963 16015963 471735 1178233 1178233 36882 36882 288772 288772 124349 124349 52618 52618 45659 45659 168269 168269 614658 614658 16449 16449 245164 245164 433598 433598 277746 277746 67948 67948 71052 71052 187810 187810 59475 59475 COMMISSIONS 327236 327236 STATE INSURANCE LICENSE 103927 103927 OFFICIAL PUBLICATIONS 33352 33352 BUREAU AND ASSOC DUES 14491 14491 11088 11088 20935294 16104783 4358776 0 193704 471933 32392 192390 2011677 1994497 1683854 1671062 15480 12792 160742919 152976734 1910842 1966844 164907014 157615190 499742 728639 98541 91104 146159794 140338115 146758077 141157858 X 18148937 16457332 18148937 16457332 164907014 157615190 X -943318 -748287 X false true true false 1683854 1671062 12792 12792 AGGREGATE RESERVES FOR LIFE CERTIFIC 132841426 LIABILITY FOR DEPOSIT TYPE CONTRACTS 3232135 RESERVE FOR LIFE CONTRACT CLAIMS 2950695 ASSET VALUATION RESERVE 1281834 PROVISION FOR REFUNDS PAYABLE 17000 AMOUNTS WITHHELD OR RETAINED 13947 REMITTANCES AND ITEMS NOT ALLOCATED 1078 140338115 19494948 19494948 497028 497028 19991976 20438266 20438266 497028 497028 20935294 SCHEDULE D, PAGE 4, PART XI, LINE 4B INVESTMENT MANAGEMENT FEES 168,269 INVESTMENT EXPENSE 300,057 INVESTMENT EXPENSE 28,702 SCHEDULE D, PAGE 4, PART XII, LINE 4B INVESTMENT MANAGEMENT FEES 168,269 INVESTMENT EXPENSES 300,057 INVESTMENT EXPENSES 28,702 true 63659 false false false LISA BICKUS CEO 194123 10000 8165 23520 235808 FORM 990 - ORGANIZATION'S MISSION 1891 FINANCIAL LIFE IS A COMMUNITY-BASED INSURANCE ORGANIZATION THAT OFFERS PRODUCTS AND MEMBER BENEFITS THAT ASSIST INDIVIDUALS AND THEIR FAMILIES IN ACHIEVING FINANCIAL SECURITY, WHILE HELPING TO BUILD STRONGER COMMUNITIES BY SUPPORTING SERVICE PROJECTS THAT REFLECT COMMON SHARED VALUES. FORM 990, PAGE 6, PART VI, LINE 6 QUALIFICATION FOR MEMBERSHIP IN 1891 FINANCIAL LIFE REQUIRES THE SOCIETY'S COMMON BOND IS TO UNITE PEOPLE WHO HAVE AN INTEREST CONSISTENT WITH THE PURPOSES OF THE SOCIETY ARE TO: PROMOTE FRIENDSHIP, UNITY AND TRUE CATHOLIC CHARITY AMONG ITS MEMBERS, FOSTER FRATERNAL AND BENEVOLENT ACTIVITIES, FURTHER THE PROGRESS OF THE CATHOLIC CHURCH, ENCOURAGE PATRIOTISM AND LOYALTY TO THE UNITED STATES OF AMERICA. FORM 990, PAGE 6, PART VI, LINE 7A ACTIVE MEMBERS. EACH BENEFICIAL MEMBER AGE 16 AND ABOVE IN GOOD STANDING IS ENTITLED TO VOTE FOR THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 11B THE CEO WILL REVIEW THE 990 TAX RETURN BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONAIRE ANNUALLY REPORTING ANY CONFLICT OF INTEREST POSITIONS THAT MAY EXIST. FORM 990, PAGE 6, PART VI, LINE 19 THE SOCIETY MAKES ITS GOVERNING DOCUMENTS, CONSTITUTION & BYLAWS AVAILABLE TO THE PUBLIC VIA OUR WEBSITE. OTHER DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 INVESTMENT MANAGEMENT FEES -168,269 INVESTMENT EXPENSE -300,057 INVESTMENT EXPENSE -28,702 INVESTMENT MANAGEMENT FEES 168,269 INVESTMENT EXPENSES 300,057 INVESTMENT EXPENSES 28,702