NFP500

#208 of 500 · Member & Benefit Funds

Gbu Financial Life

EIN 25-0502660 · PA · NTEE n/a · Form 990, fiscal 2022

A member-owned fraternal benefit society headquartered in Pittsburgh, Pennsylvania, founded in 1892 as the German Beneficial Union by German immigrant families. It provides life insurance, annuities, and other financial products to its members, and, as a fraternal, supports charitable giving, scholarships, volunteerism, and community activities through its member network.

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Financials, fiscal 2022

Revenue
$767.4M
Expenses
$735.1M
Total assets
$4.20B
Net assets
$288.8M
Operating margin
4.2%
1-year growth
n/a
5-year growth (CAGR)
7.4%
Reserve (years of spending)
4.7
Contributions share
0.0%
Programme spending
76.3%
Fundraising cost
n/a
Executive pay share
0.36%
Employees
102
Revenue per employee
$7.5M
Grants paid
n/a
Years filing
82

NFP Health Score: 78 / 100

Financial 60 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide life insurance, annuities, fraternal activities and other benefits to members, empowering people to achieve financial security, flexibility and resilience and to strengthen meaningful causes in their communities.

Revenue history

YearRevenue
2019$620.1M
2020$617.7M
2021$647.4M
2022$767.4M