#86 of 500 · Member & Benefit Funds
Modern Woodmen Of America
A fraternal benefit society and financial services organization headquartered in Rock Island, Illinois, founded in 1883. One of the nation's largest fraternal benefit societies, it sells life insurance, annuities, and investment products to its members and uses proceeds to fund member benefits along with social, educational, and volunteer programs that support families and communities.
Open the interactive profileFinancials, fiscal 2022
- Revenue
- $1.75B
- Expenses
- $1.64B
- Total assets
- $17.14B
- Net assets
- $2.42B
- Operating margin
- 6.7%
- 1-year growth
- -1.6%
- 5-year growth (CAGR)
- 1.0%
- Reserve (years of spending)
- 17.7
- Contributions share
- n/a
- Programme spending
- 100.0%
- Fundraising cost
- n/a
- Executive pay share
- 0.60%
- Employees
- 1,835
- Revenue per employee
- $955K
- Grants paid
- $566K
- Years filing
- 61
NFP Health Score: 75 / 100
Financial 55 · 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
An obligation and commitment to improving quality of life for our members.
Revenue history
| Year | Revenue |
|---|---|
| 2018 | $1.68B |
| 2019 | $1.66B |
| 2020 | $1.66B |
| 2021 | $1.78B |
| 2022 | $1.75B |