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Nonprofit · EIN 36-1493430

MODERN WOODMEN OF AMERICA

Tax-exempt · ROCK ISLAND, IL 61201

Financials

$2B$1.7B2023$1.9B$1.6B2024
Revenue Expenses · by fiscal year end
Financials of MODERN WOODMEN OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,898,474,161$1,598,506,511$299,967,650$18,169,068,952$15,573,814,695$2,595,254,257
December 31, 2023990$1,973,207,410$1,739,034,154$234,173,256$17,733,036,164$15,282,122,474$2,450,913,690
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,898,474,161
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,465,779
Benefits paid to members
$1,304,774,409
Compensation of officers, directors and key employees
$11,619,936
Other salaries and wages
$54,450,510
Salaries, compensation and benefits (total)
$87,784,366
Professional fundraising fees
$0
Legal fees
$444,092
Accounting fees
$469,799
Occupancy
$8,834,319
Travel
$522,651
Depreciation
$7,298,720

Balance sheet and other

Total assets, start of year
$17,733,036,164
Total assets, end of year
$18,169,068,952
Total liabilities, end of year
$15,573,814,695
Net assets, end of year
$2,595,254,257
Land, buildings and equipment
$19,174,105
Gross unrelated business income
$58,406,239
Gross receipts
$1,898,474,161
Employees
2,038
Volunteers
245,000
Year formed
1883
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JERALD J LYPHOUTPRESIDENT AND CEO
Trustee or director, Officer
40$2,162,118$0$1,655,533
ROBERT KEORKUNIANFORMER REGIONAL DIRECTOR
Highest-paid employee
40$2,932,213$38,035-$913,490
BRETT M VANCHIEF INVESTMENT OFFICER & TREASURER
Trustee or director, Officer
40$970,685$0$261,739
CHAD FOSTERREGIONAL DIRECTOR
Highest-paid employee
40$996,908$86,236$148,601
LESTER L BOHNERTGENERAL COUNSEL
Trustee or director, Officer
40$826,994$0$161,463
JONATHON MARSHREGIONAL DIRECTOR
Highest-paid employee
40$878,095$76,565$32,880
STEVEN EATONMANAGING PARTNER
Highest-paid employee
40$656,950$90,562$24,319
JILL LAIN WEAVERFORMER CHIEF FRATERNAL OFFICER
Officer
40$717,899$0$3,484
STEVEN J OLLENBURGCHIEF RISK OFFICER
Officer
40$512,252$0$129,588
MARK E SINGLETONCHIEF STRATEGY OFFICER
Officer
40$555,195$0$58,887
DANIEL L LAWRENCEREGIONAL DIRECTOR
Highest-paid employee
40$500,679$106,563-$22,971
JOSEPH A SZTAPKADIRECTOR & REGIONAL DIRECTOR
Trustee or director
40$556,178$74,987-$154,525
WILLIAM KENNY MASSEYFORMER PRESIDENT AND CEO
Former
0$416,337$0$23,113
MICHAEL SCOTT ANDREWSCHIEF ACTUARY
Officer
40$484,992$0-$48,820
DARWIN D LARRISONCHIEF INFORMATION SECURITY
Officer
40$344,705$0$85,821
12 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR AMHED FAWZY OKBACHIEF MEDICAL OFFICER
Officer
40$335,297$0$92,264
TERESA J RICHHARTCHIEF HUMAN RESOURCES OFFICER
Officer
40$488,572$0-$108,344
JEFFREY N SOWARDSFORMER CHIEF DISTRIBUTION & MARKETING OFFICER
Officer
40$714,729$212-$376,526
XIN LIUCHIEF FINANCIAL ACTUARY
Officer
40$587,106$0-$250,261
JASON NICKLESCHIEF FRATERNAL OFFICER
Officer
40$249,066$0$21,316
DARCY CALLASFORMER SPECIAL PROJECTS COORDINATOR
Former
0$159,838$0$10,955
JAMES E TEMPERLEYDIRECTOR
Trustee or director
5$165,711$0$0
LORI NEWBERGDIRECTOR
Trustee or director
5$164,637$0$0
SANDRA LEIGH STOSZDIRECTOR
Trustee or director
5$115,136$0$0
JACQUELINE RAE ZACHMEYERDIRECTOR
Trustee or director
5$96,367$0$0
TODD DAVID SWANSONCHIEF ACCOUNTING OFFICER
Officer
40$681,951$0-$642,449
SHEA E DOYLENATIONAL SECRETARY AND EXECUTIVE VICE PRESIDENT
Trustee or director, Officer
40$1,099,966$0-$1,723,932
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
WILLIAM KENNY MASSEYFORMER PRESIDENT AND CEO
Trustee or director, Officer
40$17,149,312$0$1,111
JERALD J LYPHOUTPRESIDENT AND CEO
Trustee or director, Officer
40$1,741,898$0$1,958,782
SHEA E DOYLENATIONAL SECRETARY AND EXECUTIVE VICE PRESIDENT
Trustee or director, Officer
40$537,994$0$2,704,785
TODD DAVID SWANSONCHIEF ACCOUNTING OFFICER
Officer
40$615,249$0$1,558,707
BRETT M VANCHIEF INVESTMENT OFFICER & TREASURER
Trustee or director, Officer
40$933,828$0$978,986
LESTER L BOHNERTGENERAL COUNSEL
Trustee or director, Officer
40$780,181$0$756,126
ROBERT KEORKUNIANREGIONAL DIRECTOR
Highest-paid employee
40$1,054,034$91,108$387,323
JILL LAIN WEAVERCHIEF FRATERNAL OFFICER
Officer
40$410,170$0$894,823
XIN LIUCHIEF FINANCIAL ACTUARY
Officer
40$433,393$0$712,795
TERESA J RICHHARTCHIEF HUMAN RESOURCES OFFICER
Officer
40$372,797$0$748,144
DANIEL L LAWRENCEREGIONAL DIRECTOR
Highest-paid employee
40$758,786$103,188$235,083
JOSEPH A SZTAPKADIRECTOR & REGIONAL DIRECTOR
Trustee or director
40$659,413$64,728$309,974
JONATHON MARSHREGIONAL DIRECTOR
Highest-paid employee
40$829,296$55,532$140,188
KENNY D JACKSONREGIONAL DIRECTOR
Highest-paid employee
40$556,228$45,391$320,948
CHAD FOSTERREGIONAL DIRECTOR
Highest-paid employee
40$731,144$53,821$92,937
JEFFREY N SOWARDSCHIEF DISTRIBUTION & MARKETING OFFICER
Officer
40$664,204$0$200,211
STEVEN J OLLENBURGCHIEF RISK OFFICER
Officer
40$502,669$0$339,787
DANIEL G DEPUYDTFORMER CHIEF HUMAN RESOURCES OFFICER
Officer
40$744,054$0$9,538
MICHAEL SCOTT ANDREWSCHIEF ACTUARY
Officer
40$473,234$0$244,242
MARK E SINGLETONCHIEF STRATEGY OFFICER
Officer
40$484,975$0$163,973
DARWIN D LARRISONCHIEF INFORMATION SECURITY OFFICER
Officer
40$311,727$0$115,530
LORI NEWBERGDIRECTOR
Trustee or director
5$163,354$0$0
JAMES E TEMPERLEYDIRECTOR
Trustee or director
5$156,746$0$0
DARCY CALLASFORMER SPECIAL PROJECTS COORDINATOR
Former
0$146,546$0$9,643
DAVE NUERENBERGERFORMER DIRECTOR
Trustee or director
5$139,513$0$0
SANDRA LEIGH STOSZDIRECTOR
Trustee or director
5$103,050$0$0
SAM KUPRESINFORMER DIRECTOR
Former
0$16,038$0$0
JACQUELINE RAE ZACHMEYERDIRECTOR
Trustee or director
5$15,833$0$0

Address and contacts

Address (IRS master file)
1701 1ST AVE, ROCK ISLAND, IL 61201-8724
In care of
% GENERAL ACCOUNTING DEPARTMENT
Principal officer (990 for 2024)
JERALD J LYPHOUT, 1701 1ST AVE, ROCK ISLAND, IL 612018724
Signed the 990
TODD D SWANSON, CHIEF FINANCIAL OFFICER
Phone
(309) 786-6481
Return prepared by
RSM US LLP

Mission

TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS

990 for the year ended December 31, 2024

Program accomplishments

  • LIFE INSURANCE PROGRAMS: MODERN WOODMEN OF AMERICA PROVIDES BENEFITS AND SERVICES COVERAGE FOR LIFE, ANNUITY, AND ACCIDENT & HEALTH INSURANCE (695,370 MEMBERS)
  • FRATERNAL BENEFITS (19,544 BENEFICIARIES)
  • YOUTH COMMUNITY SERVICE ACTIVITIES (2,936)

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-1493430
Tax-exempt status
501(c)(8): Fraternal beneficiary society
Donations deductible (Pub 78)
Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes
Exempt since
1961
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
1519 (3,309 member organizations)
Assets (IRS master file)
$18,169,068,952
Income (IRS master file)
$1,898,474,161

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,898,474,161$1,598,506,511$18,169,068,952IRS
990December 2023$1,973,207,410$1,739,034,154$17,733,036,164XML
990December 2022$1,753,210,728$1,635,515,262$17,138,403,394IRS
990December 2021$1,781,138,211$1,697,966,076$17,486,511,569IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-1493430).

Questions about MODERN WOODMEN OF AMERICA

What is the EIN of MODERN WOODMEN OF AMERICA?
The employer identification number (EIN) of MODERN WOODMEN OF AMERICA is 36-1493430.
Is MODERN WOODMEN OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(8) since 1961.
Are donations to MODERN WOODMEN OF AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation; Group exemption; Fraternal lodge, deductible only for charitable purposes).
Which annual return does MODERN WOODMEN OF AMERICA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MODERN WOODMEN OF AMERICA due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MODERN WOODMEN OF AMERICA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MODERN WOODMEN OF AMERICA?
The 990 for the year ended December 31, 2024 names JERALD J LYPHOUT.
Who are the officers and directors of MODERN WOODMEN OF AMERICA?
The 990 for the year ended December 31, 2024 lists 27 people; 27 received compensation from the organization, the highest $2,162,118 (JERALD J LYPHOUT, PRESIDENT AND CEO).
How much revenue does MODERN WOODMEN OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,898,474,161, expenses of $1,598,506,511 and total assets of $18,169,068,952 at year end.

Organizations in its group exemption (3,309)

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