NFP500

#186 of 500 · Member & Benefit Funds

Independent Order Of Foresters

EIN 98-0000680 · · NTEE n/a · Form 990, fiscal 2022

A member-governed fraternal benefit society headquartered in Toronto, Canada, with operations in the United States (this EIN covers its U.S. activity). It provides life insurance and related financial products to more than two million members across the U.S., Canada, and the United Kingdom, and offers fraternal member benefits including community grants, scholarships, and volunteer and family-focused activities through a local branch network.

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Financials, fiscal 2022

Revenue
$843.4M
Expenses
$756.9M
Total assets
$5.13B
Net assets
$1.54B
Operating margin
10.2%
1-year growth
18.3%
5-year growth (CAGR)
11.9%
Reserve (years of spending)
24.4
Contributions share
n/a
Programme spending
87.7%
Fundraising cost
n/a
Executive pay share
2.53%
Employees
78
Revenue per employee
$10.8M
Grants paid
$2.2M
Years filing
56

NFP Health Score: 65 / 100

Financial 49 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To champion the welfare of its members, their families, and the communities where they reside — demonstrated through quality life insurance, exclusive member benefits, and inspiring community activities.

Revenue history

YearRevenue
2018$538.2M
2019$1.20B
2020$1.13B
2021$713.1M
2022$843.4M