NFP500

#86 of 500 · Member & Benefit Funds

Modern Woodmen Of America

EIN 36-1493430 · IL · NTEE n/a · Form 990, fiscal 2022

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.

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Financials, 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

YearRevenue
2018$1.68B
2019$1.66B
2020$1.66B
2021$1.78B
2022$1.75B