2025-11-14T11:32:02-05:00 2024-12-31 990 2024-01-01 250734610 POLISH FALCONS OF AMERICA POLI 4129222244 1016 GREENTREE RD STE 201 PITTSBURGH PA 15220 Ryan Gregg CFO 4129222244 2025-11-14 2024 2025-03-06 01:10:19Z Timothy Kuzma 1016 Greentree Suite 201 GREEN TREE PA 152203125 12742591 false X https: polishfalcons.org X 1926 PA See Schedule O. 9 9 15 50 0 0 92216 98590 2379603 3168173 1176735 1186230 70609 -751160 3719163 3701833 51569 42825 1493991 2641448 1015634 1097224 0 0 0 1698787 834384 4259981 4615881 -540818 -914048 28261086 20582038 25865449 19035153 2395637 1546885 Polish Falcons of America is a Member-driven not-for-profit that gives back to Member communities while providing an opportunity to improve overall well-being through financial services social connectivity events and programs and benefits to support Member needs. false false 5281762 0 4322416 The organization collects life annuity and Medicare supplement premiums and invests those funds in assets that align with the duration of its liabilities. In doing so PFA ensures financial security for its members by fulfilling current benefit obligations which totaled $2,640,881 net of reinsurance in 2024. These payments included death benefits of $242,825 annuity benefits of $2,107,630 cash surrenders of $62,231 Medicare supplement benefits of $274,327 and matured endowments of $15,956. The organization also maintains additional reserves in accordance with NAIC requirements and statutory regulations to safeguard future obligations. 55632 0 0 PFA offers various programs to allow members to achieve the organizations motto of A Healthy Spirit in a Healthy Body. Younger members had access to National Camp Future Leaders of America Conference and a National Volleyball Tournament. Adult events included National Bowling National Golf National Volleyball and a National Walking program. 43090 0 43384 The organization provides scholarship grants to deserving members selected by the Scholarship Committee on an annual basis. 0 0 0 5380484 false true 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 true false false false false false false false false false false false false true false false true 1202 0 true 15 true false false false false false false false 0 false false false false false false false false false false 9 9 false false false false true true false true true false true true true true true true true true true true false X Ryan Gregg 4129222244 1016 GREENTREE RD STE 201 PITTSBURGH PA 15220 Tim Kuzma PresidentCEO 40.00 1.00 X 116950 0 5848 Patricia DelBusse Vice President of Fraternal Operations 40.00 1.00 X 71529 0 3576 Ryan Gregg SecretaryTreasurer-CFO 40.00 1.00 X 107361 0 5368 John Denning National Sales Director 40.00 1.00 X 109042 0 5452 Dan Michalak National Director-Chairman 5.00 0.00 X 18657 0 483 Thomas Eckert National Director-Vice Charman 5.00 0.00 X 9850 0 0 Mark Albin National Director 1.00 0.00 X 3625 0 0 Charles Johns National Director 1.00 0.00 X 4525 0 0 John W Kowarik National Director 1.00 0.00 X 6850 0 0 Rebecca Sienkiewicz National Director 1.00 0.00 X 4525 0 0 Thomas a Washington Jr National Director 1.00 0.00 X 5425 0 0 Ryan J Wesolowski National Director 1.00 0.00 X 1500 0 0 459839 0 20727 3 false false false Allen Bailey & Associates 6907 N Capital of Taxes Highway Austin TX 78731 Actuarial Services 108355 Ali El-Hallini 44721 Dionne Street Canton OH 48188 Insurance Agent 395598 National Underwriting Services LLC 2420 E Morgan Ave Evansville IN 47711 Insurance Agency 175659 Michigan Senior Benefit Service LLC 245 E Ellis Rd Norton Shores MI 49441 Insurance Agency 102318 iCover 15510 Olive Suite 205 Chesterfield MO 63017 e-Application/Underwriting Services 122370 5 0 55205 0 0 0 43385 0 98590 Life Insurance and Annuity Premiums 900099 3168173 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3168173 1040502 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8876486 310000 8913245 127513 -36759 182487 145728 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Reserve Adjustment on Reinsurance 524298 -2374432 0 0 0 Expense Allowance on Reinsurance Ceded 524298 1489290 0 0 0 Amortization of IMR 524298 113741 0 0 0 20241 0 0 0 -751160 3701833 0 0 0 0 0 42825 0 0 0 2641448 0 350712 0 0 0 0 0 0 0 519888 0 0 0 43436 0 0 0 115756 0 0 0 67432 0 0 0 0 0 0 0 13475 0 0 0 21322 0 0 0 0 0 0 0 0 0 47613 0 0 0 0 0 0 0 12028 0 0 0 139152 0 0 0 238807 0 0 0 0 0 0 0 50090 0 0 0 38301 0 0 0 0 0 0 0 2145 0 0 0 0 0 0 0 0 0 0 0 24376 0 0 0 43578 0 0 0 Fraternal Events 55632 0 0 0 Commissions 2680373 0 0 0 Change in Reserves -2837250 0 0 0 State Licenses and Audit Fees 34785 0 0 0 269957 0 0 0 4615881 0 0 0 0 0 0 0 318668 420322 188540 817227 0 0 502981 1002016 0 0 0 0 477425 284545 0 0 0 0 222642 188103 23250 34539 26750222 17564389 0 459000 0 0 0 0 0 0 28261086 20582038 96819 67548 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25768630 18967605 25865449 19035153 X 0 0 0 0 2395637 1546885 2395637 1546885 28261086 20582038 -914048 0 0 0 0 65296 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222642 188103 34539 34539 RESERVE FOR LIFE HEALTH & ANNUITY CONTRACTS NET OF RESERVES CEDED TO REINSURER 15470963 INTEREST MAINTENANCE RESERVE 675341 NEST CLUB DEPOSITS HELD IN TRUST 2534631 ASSET VALUATION RESERVE 131086 PA DOI AUDIT FEE RESERVE 96000 OTHER MISC LIABILITIES 59584 18967605 3701833 0 0 3701833 0 3701833 4615881 0 4615881 0 4615881 true Scholarship Grants 17 42825 0 n a n a Part I Line 2 Applicants are required to submit a scholarship application and essay to PFAs Scholarship Committee. The Committee reviews all submissions and votes on recipients based on objective criteria including academic performance GPA community service and participation in the organization. PFA earmarks scholarship fund assets within its accounting records tracks available balances and maintains documentation supporting all scholarship awards and payments made. Part VI, Line 6 MEMBERSHIP SHALL BE EXTENDED TO ANY PERSON IN ACCORDANCE WITH THE REQUIREMENTS AND LIMITATIONS SET FORTH IN THE CONSTITUTION. Part VI, Line 7a POWER TO ELECT THE BOARD OF DIRECTORS CHAIRPERSON AND VICE-CHAIRPERSON ARE ELECTED BY THE MEMBERS OF THE SOCIETY. Part VI, Line 11a MANAGEMENT REVIEWS A DRAFT OF THE FORM 990. THE FORM 990 IS PROVIDED TO GOVERNING BOARD FOR REVIEW PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. Part VI, Line 12c EACH BOARD MEMBER IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. Part VI, Line 15 THE CEO FIRST VICE PRESIDENT AND 2ND VICE PRESIDENTS COMPENSATION IS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE A COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE RECOMMENDS THE COMPENSATION TO THE ENTIRE BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION ADJUSTMENTS ARE DETERMINED BY REVIEWING THE CEO TO EVALUATE GOALS ACHIEVED AND ACCOMPLISHMENTS MADE DURING THE PREVIOUS YEAR. KEY EMPLOYEES MANAGEMENT ARE EVALUATED BY THE CEO TO DETERMINE COMPENSATION. COMPENSATION IS DETERMINED BY REVIEWING GOALS THE INDIVIDUAL ACHIEVED AND ACCOMPLISHMENTS MADE DURING THE PREVIOUS YEAR. Part XI, Line 9 | Description:, Explanation:, Amount:| Change in nonadmitted assets, Change in nonadmitted assets, $-312941| Change in AVR, Change in AVR, $58876| Change in surplus as a result of reinsurance, Change in surplus as a result of reinsurance, $319361| Polish Falcons Heritage Foundation 1016 Greentree Road Suite 201 Pittsburgh PA 15220 471946018 Preserve and celebrate Polish heritage through a variety of social cultural educational events. PA 501(C)(3) PF N/A false Falcon Community Holdings LLC 1016 Greentree Road Suite 201 Pittsburgh PA 15220 462391626 Holding Company discontinued operations NJ Polish Falcons C-Corporation -3185 0 1 false Polish Falcons Camp Inc 1016 Greentree Road Suite 201 Pittsburgh PA 15220 222222742 Banquet Activities discontinued operations NJ Polish Falcons C-Corporation 212418 0 1 false false false false false false false false false false false false false false false true false true true true Falcon Community Holdings LLC Q 58679 Cost Polish Falcons Camp Inc Q 88829 Cost Polish Falcons Heritage Foundation R 2607 Cost Falcon Community Holdings LLC S 135512