Nonprofit · EIN 39-0201015
TRUSTED FRATERNAL LIFE
Tax-exempt · MILWAUKEE, WI 53233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $162,824,762 | $158,715,741 | $4,109,021 | $1,905,498,742 | $1,743,981,043 | $161,517,699 |
| December 31, 2023 | 990 | $161,829,151 | $151,748,838 | $10,080,313 | $1,731,339,776 | $1,592,976,409 | $138,363,367 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,720
- Membership dues
- $1,720
- Program service revenue
- $77,439,406
- Investment income
- $72,732,227
- Net rental income
- $592,376
- Net gain from sales of assets
- -$10,007,427
- Other revenue
- $12,651,409
Expenses
- Grants and similar amounts paid
- $1,149,097
- Benefits paid to members
- $120,679,778
- Compensation of officers, directors and key employees
- $4,127,885
- Other salaries and wages
- $6,001,728
- Salaries, compensation and benefits (total)
- $14,033,717
- Professional fundraising fees
- $0
- Legal fees
- $369,490
- Occupancy
- $1,120,208
- Travel
- $584,038
- Depreciation
- $2,405,835
- Program services (functional)
- $158,715,741
Balance sheet and other
- Total assets, start of year
- $1,731,339,776
- Total assets, end of year
- $1,905,498,742
- Total liabilities, end of year
- $1,743,981,043
- Net assets, end of year
- $161,517,699
- Land, buildings and equipment
- $8,426,117
- Publicly traded securities
- $1,424,462,817
- Gross receipts
- $358,039,570
- Employees
- 176
- Volunteers
- 14,316
- Year formed
- 1885
- State of legal domicile
- WI
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John T Borgen | President and Chief Executive Officer Officer | 45 | $509,886 | $48,815 |
| Christopher J Martin | Vice President Compliance Officer | 45 | $410,094 | $26,846 |
| Kari R Diestelhorst | Chief Financial Officer Officer | 45 | $287,809 | $48,249 |
| Michael C Eyrich | Vice President Distribution Officer, Former | 45 | $263,559 | $30,680 |
| Joseph K Kohut | Director of Brokerage Operations Highest-paid employee | 45 | $229,920 | $45,900 |
| Michael J Attewell | Chief Information Officer Officer, Highest-paid employee | 45 | $260,874 | $10,813 |
| Rogelio Cabral | Vice President Sales Officer | 45 | $215,135 | $39,738 |
| Linda M Hanson | Vice President Actuary Officer | 45 | $240,685 | $10,867 |
| Janet J Carmody | Director of Information Systems Highest-paid employee | 45 | $229,393 | $21,603 |
| Sara J Walker | Vice President Investments Officer | 45 | $220,910 | $24,298 |
| Amy L Bellows | Vice President Transformation Officer | 45 | $193,599 | $41,531 |
| Kristen L Mueller | Secretary and Vice President Human Resources Officer | 45 | $210,180 | $23,612 |
| Peter L Duellman | Director of Actuarial and Analystics Highest-paid employee | 45 | $205,694 | $12,486 |
| Julie B Langolf | Director of Office Administration Highest-paid employee | 45 | $192,783 | $22,751 |
| Jake G Maliszewski | Director of Financial Planning & Analysis Highest-paid employee | 45 | $158,628 | $25,570 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William R O'Toole | Former Chief Executive Officer Officer, Former | 0 | $55,073 |
| Allan G Lorge | Director and Board Chair Trustee or director | 4 | $50,000 |
| William R O'Toole | Director Trustee or director | 3 | $38,000 |
| Michael A Giffhorn | Director Trustee or director | 3 | $34,000 |
| Kari L Niedfeldt-Thomas | Director Trustee or director | 3 | $31,000 |
| Susan M Obermiller | Director Trustee or director | 3 | $26,750 |
| Jeffrey B Tilley | Director Trustee or director | 3 | $26,750 |
| Coral M Grout | Director Trustee or director | 3 | $25,000 |
| Sandra T Dempsey | Director Trustee or director | 3 | $24,500 |
| Joseph G Kopinski | Director Trustee or director | 3 | $24,500 |
| Lisa A Mick | Director Trustee or director | 3 | $23,500 |
| James B Hunsanger III | Director Trustee or director | 3 | $10,750 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John T Borgen | President and Chief Executive Officer Trustee or director, Officer | 45 | $434,536 | $50,795 |
| Kari R Diestelhorst | Chief Financial Officer Officer | 45 | $265,323 | $47,542 |
| Rogelio Cabral | Vice President Sales Officer | 45 | $255,877 | $42,243 |
| Joseph K Kohut | Director of Brokerage Operations Highest-paid employee | 45 | $242,822 | $43,666 |
| Michael J Attewell | Chief Information Officer Officer | 45 | $244,174 | $10,230 |
| Michael C Eyrich | SVP Membership Officer | 45 | $209,353 | $44,241 |
| Sara J Walker | Vice President Investments Officer | 45 | $201,690 | $25,050 |
| Linda M Hanson | Vice President of Actuarial Officer | 45 | $214,810 | $10,577 |
| Peter L Duellman | Director of Actuarial and Analytics Highest-paid employee | 45 | $206,702 | $12,349 |
| Kristen L Mueller | Secretary and Vice President Human Resources Trustee or director, Officer | 45 | $192,017 | $22,485 |
| Cynthia E Feld | Controller Highest-paid employee | 45 | $140,888 | $39,935 |
| Jake G Maliszewski | Director of Financial Planning & Analysis Highest-paid employee | 45 | $147,744 | $26,024 |
| Eric J Atkins | IT Operations Team Lead Highest-paid employee | 45 | $129,737 | $20,533 |
| William R O'Toole | Director & Former Chief Executive Officer Officer, Former | 3 | $98,000 | $1,000 |
| Allan G Lorge | Director and Board Chair Trustee or director | 4 | $42,500 | $0 |
| Kari L Niedfeldt-Thomas | Director Trustee or director | 3 | $26,500 | $0 |
| Jeffrey B Tilley | Director Trustee or director | 3 | $23,000 | $0 |
| Joseph G Kopinski | Director Trustee or director | 3 | $23,000 | $0 |
| Sandra T Dempsey | Director Trustee or director | 3 | $23,000 | $0 |
| Susan M Obermiller | Director Trustee or director | 3 | $23,000 | $0 |
| Coral M Grout | Director Trustee or director | 3 | $22,000 | $0 |
| Lisa A Mick | Director Trustee or director | 3 | $22,000 | $0 |
| Michael A Giffhorn | Director Trustee or director | 3 | $22,000 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 W WELLS ST STE 1, MILWAUKEE, WI 53233-2316
- Principal officer (990 for 2024)
- Kari R Diestelhorst, 1100 W Wells St, Milwaukee, WI 53233
- Signed the 990
- Kari Diestelhorst, Chief Financial Officer
- Phone
- (414) 273-6266
- Website
- WWW.TRUSTEDFRATERNALLIFE.ORG
Mission
Trusted Fraternal Life's mission is serving communities, providing financial security and enhancing quality of life.
Program accomplishments
- Financial Security: The Society operates to provide its members long term financial security through the offering of individual life insurance and annuity products. Members are served by a network of Financial Advisors that provide financial planning, estate planning and other financial services. Each member has access to their financial products and information through their own Financial Service Advisors and/or Home Office Member Services Representative.Expenses $156,889,912 · revenue $162,823,042
- Fraternal Benefits & Community Outreach: The Society exists to benefit its members and community in non-financial ways. This includes faith based education, fraternal social events and community outreach. The Society is committed to provide fraternal benefits including child cancer and orphan benefits, will preparation benefit and the coordination and support of community service. In addition to monetary contributions, over 109,775 hours of service were donated to support various Diocesan and community programs and events in 2024 valued at nearly $3.7 million.Expenses $1,825,829 · revenue $1,720
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-0201015
- 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
- 1941
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 0507 (382 member organizations)
- Assets (IRS master file)
- $1,905,498,742
- Income (IRS master file)
- $358,039,570
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $162,824,762 | $158,715,741 | $1,905,498,742 | IRS |
| 990 | December 2023 | $161,829,151 | $151,748,838 | $1,731,339,776 | XML |
| 990 | December 2022 | $127,605,313 | $118,686,636 | $1,688,153,935 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 39-0201015).
Questions about TRUSTED FRATERNAL LIFE
- What is the EIN of TRUSTED FRATERNAL LIFE?
- The employer identification number (EIN) of TRUSTED FRATERNAL LIFE is 39-0201015.
- Is TRUSTED FRATERNAL LIFE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(8) since 1941.
- Are donations to TRUSTED FRATERNAL LIFE 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 TRUSTED FRATERNAL LIFE 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 TRUSTED FRATERNAL LIFE 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 TRUSTED FRATERNAL LIFE 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 TRUSTED FRATERNAL LIFE?
- The 990 for the year ended December 31, 2024 names Kari R Diestelhorst.
- Who are the officers and directors of TRUSTED FRATERNAL LIFE?
- The 990 for the year ended December 31, 2024 lists 27 people; 27 received compensation from the organization, the highest $509,886 (John T Borgen, President and Chief Executive Officer).
- How much revenue does TRUSTED FRATERNAL LIFE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $162,824,762, expenses of $158,715,741 and total assets of $1,905,498,742 at year end.
Organizations in its group exemption (382)
- CATHOLIC FINANCIAL LIFE EIN 23-7574503 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 72-1593230 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7569761 · MILWAUKEE, WI · last filed 990-N for 2024
- CATHOLIC FINANCIAL LIFE EIN 39-1524879 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 72-1593165 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7570561 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 82-3226286 · MILWAUKEE, WI · last filed 990-N for 2024
- CATHOLIC FINANCIAL LIFE EIN 90-0727785 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7569928 · MILWAUKEE, WI · last filed 990-N for 2023
- CATHOLIC FINANCIAL LIFE EIN 23-7570507 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7574504 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7570578 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 27-0291513 · MILWAUKEE, WI · last filed 990-N for 2024
- CATHOLIC FINANCIAL LIFE EIN 27-1144601 · MILWAUKEE, WI · last filed 990-N for 2023
- CATHOLIC FINANCIAL LIFE EIN 23-7570513 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7574459 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7574468 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 72-1593217 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7570559 · MILWAUKEE, WI · last filed 990-N for 2025
- CATHOLIC FINANCIAL LIFE EIN 23-7550310 · MILWAUKEE, WI · last filed 990-N for 2024
Other nonprofits in MILWAUKEE
- AURORA HEALTH CARE INC EIN 61-1649250 · last filed 990 for 2024
- FROEDTERT MEMORIAL LUTHERAN HOSPITAL INC EIN 39-6105970 · last filed 990 for 2025
- THE MEDICAL COLLEGE OF WISCONSIN INC EIN 39-0806261 · last filed 990 for 2025
- FROEDTERT THEDACARE HEALTH INC EIN 39-2014409 · last filed 990 for 2025
- CHILDRENS HOSPITAL OF WISCONSIN INC EIN 39-0812532 · last filed 990 for 2024
- MARQUETTE UNIVERSITY EIN 39-0806251 · last filed 990 for 2025
- CHORUS COMMUNITY HEALTH PLANS INC EIN 27-1494977 · last filed 990 for 2024
- CHILDRENS HOSPITAL AND HEALTH SYSTEM INC EIN 39-1500074 · last filed 990 for 2024