2024-09-19T12:27:33-04:00 2023-12-31 341413003 Zupka & Associates 4141 Rockside Road Seven Hills OH 44131 990 2023-01-01 346577472 American Mutual Life Association AMER 2165311900 19424 S Waterloo Road Cleveland OH 44119 Timothy Percic President 2024-05-06 false Sarah Salnajs P02531601 2164756136 2023 2024-08-08 14:25:15Z Timothy Percic 19424 S Waterloo Road Cleveland OH 44119 3229798 false X X 1910 OH To provide mutual aid, protection and security for members through affordable insurance and stable financial products. To promote, preserve the benefit of the members. To support the communities wherein our membership resides through acts of benevolence and volunteerism. 14 12 6 625 0 0 0 0 1642342 924958 2196184 2271024 -69204 33816 3769322 3229798 0 0 2686289 2334968 577869 552337 0 0 0 484646 480511 3748804 3367816 20518 -138018 47776403 47940163 35832903 35860192 11943500 12079971 To provide mutual aid, protection and security for members through affordable insurance and stable financial products. To promote, preserve and perpetuate the common bond of Slovenian language, heritage and culture. To sponsor educational scholarships and fraternal activities for the benefit of the members. To support the communities wherein our membership resides through acts of benevolence and volunteerism. false false Provided fraternal life insurance benefits programs consisting of over 10,000 policies for over 7,500 members; offered non-qualified annuities and qualified retirement annuities. Continued the sick benefit program to provide some assistance with medical expenses. false 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 false false false false false false false false false false false false false false false false false false false false false false true 1080 0 true 6 true false false false false false false false false false false false false false false false false false false false false false false false false false X 14 12 true false false false true true true true true false true true false true true true false true true true false false OH X Timothy Percic 2165311900 19424 S Waterloo Road Cleveland OH 44119 Timothy J Percic CEO 40 X X X 141601 0 0 Andrew Hanigosky CFO 40 X X 119337 0 0 Joseph G Zab First Vice President 4 X 7325 0 0 James Czeck Second Vice President 1 X 5725 0 0 Kenneth Shine Internal Audit Chair 2 X 4250 0 0 Ronald Zab Finance Committee Chair 4 X 4495 0 0 Alyce Kane Fraternal Affairs Committee Chair 4 X 5430 0 0 Jim Mannion Director 1 X 3750 0 0 Jaime Loncar Director 1 X 4125 0 0 Cade Jeric Director 1 X 3720 0 0 Charles Kohli Director 1 X 3800 0 0 Charles Krzic Director 1 X 4160 0 0 Jacob Young Director 1 X 3725 0 0 Kaitlin Ginter Director 1 X 5075 0 0 316518 0 0 false false false 0 Life Insurance Premium 524298 922034 922034 Miscellaneous Income 524298 2924 2924 924958 2271024 2271024 0 0 0 0 0 0 0 0 0 Amortization Interest Revenue 33816 33816 33816 3229798 924958 0 2304840 2334968 316518 124462 15652 60488 35217 1000 90095 21288 24455 56425 6458 20000 18284 23340 Official Publication 44214 Computer and Data Processing 17148 Donation and Scholarship 21908 Misc 135896 0 0 0 0 3367816 0 0 0 186 190 911560 598589 2457 1862 509922 357188 169073 152734 46000214 46488833 84262 62833 608651 635122 47776403 47940163 524836 477435 35308067 35382757 35832903 35860192 11943500 12079971 11943500 12079971 47776403 47940163 -138018 -296022 570511 X false true X true false false false false false false false false 0 false 0 0 0 0 0 false false false 0 60000 60000 440305 357188 83117 0 654518 644901 9617 0 152734 0 0 0 Life Insurance and Annuities 33149853 Accident and Health Reserves 29000 Policy Dividends on Deposits with Interest and Other Member Funds on Deposit 1341305 Interest Maintenance Reserve 225373 Commissions and Expenses Allowances 647 Asset Valuation Reserve 654275 Reserve for Pension -37696 Reserve for Convention Expense 20000 35382757 3229798 0 3229798 0 3229798 3367816 0 3367816 0 3367816 Part VI, Line 19 A copy of the organization's bylaws are provided to each new member. The bylaws are reviewed at each convention and published in the association monthly newspaper when the convention adopts changes. Any governing document is available to a member upon request at the home office. The annual statement that is filed with the Ohio Department of Insurance is available upon request at the home office. A condensed summary of it is published in the association newspaper on an annual basis Part VI, Line 15a and 15b A Compensation Committee of Directors reviews performance and recommends any salary increases every June for full time officer. Increases cannot exceed the maximums. The convention sets limits every four years. The Compensation Committee adjusts wages for the full time. Part VI, Line 12c Each September, the Directors complete disclosure form. The President and CFO reviews these forms for any potential conflicts and propose any resolutions. The audit chairman reviews the officer disclosure forms. The potential for conflicts is monitored through the year at each Board meeting. Part VI, Line 11b Certified Public Accountant prepares the form and reviews it with the President and the CFO. Form reviewed for amounts reconciled to certified statutory audit and for any changes in policy or procedures from the prior year. Part VI, Line 7b Delegates to the convention vote on charges to the bylaws. The governing body then executes policies defined by the bylaws. Part VI, Line 7a Members are active by maintaining an insurance or annuity policy. Members can be elected to be a convention delegate through their respective lodges. Members can be nominated for the board or for officer positions at the convention. The convention is held in every four years. Part VI, Line 6 The organization is a fraternal benefit society with its members being the owners of a life insurance policy. Members are active by maintaining an insurance or annuity policy. Part XI, Line 9 Decrease in Asset Valuation Reserve: $136,661. Change in Non-Admitted Assets: ($31,466). Change in Net Unrealized Capital Gains: $419,749. Projected Pension Benefit Obligation: $45,567. Total Other Changes in Surplus: $570,511.