GLEANER LIFE INSURANCE SOCIETY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GLEANER LIFE INSURANCE SOCIETY (EIN 38-0580730)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202513169349303266
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T11:27:42-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383133790 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREWS HOOPER PAVLIK PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4295 OKEMOS RD STE 200 | AddressLine1Txt |
| City | OKEMOS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 488646201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 380580730 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLEANER LIFE INSURANCE SOCIETY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLEA | BusinessNameControlTxt |
| Phone | 5172632244 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49221 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD M WARNER | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 5172632244 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE M PFEIFLE | PreparerPersonNm |
| PTIN | P00751307 | PTIN |
| Phone | 5177060800 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TODD M WARNER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $345,622,828 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.GLEANERLIFE.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1894 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | GLEANER LIFE INSURANCE SOCIETY ("GLEANER") IS A FRATERNAL BENEFIT SOCIETY. ITS MISSION IS TO BE A FRIEND OF THE FAMILY THAT PROVIDES ITS MEMBERS WITH FINANCIAL SECURITY, FRATERNAL BENEFITS, AND VOLUNTEER OPPORTUNITIES SERVED WITH INTEGRITY, RESPECT, AND ACCOUNTABILITY. THE PURPOSE OF THE BOARD OF DIRECTORS OF GLEANER LIFE INSURANCE SOCIETY (ON BEHALF OF OUR MEMBERS) IS TO PROVIDE LEADERSHIP AND MAINTAIN A SYSTEM OF GOVERNANCE SO THAT THE SOCIETY ACHIEVES ITS MISSION AND AVOIDS UNACCEPTABLE ACTIONS AND SITUATIONS. THE "CORE BOARD VALUES" ARE: - GOOD PEOPLE DOING GOOD THINGS - LEADERSHIP - ETHICAL WITH INTEGRITY - ACCOUNTABLE TO OUR MEMBERS - NOW AND FOR THE FUTURE - EQUALITY OF ALL MEMBERS - RESPECT AND VALUE RELATIONSHIPS - SERVE AND CARE FOR OUR MEMBERS GLEANER PROVIDES LIFE, SICKNESS, ACCIDENT, AND OTHER BENEFITS TO ITS MEMBERS. THROUGH 63 ACTIVE ARBORS BENEVOLENT AND FRATERNAL ACTS ARE PERFORMED. COORDINATION OF MEMBERS, ORPHAN BENEFITS, SCHOLARSHIPS (THROUGH GLEANER LIFE INSURANCE | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 63 | TotalEmployeeCnt |
| Total Volunteers | 40843 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $156,004,252 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $42,282,317 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$4,744,205 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,736,815 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $151,260,047 | PYTotalRevenueAmt |
| CY Total Revenue | $45,019,132 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $591,457 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $600,574 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $110,200,744 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $12,760,021 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,042,052 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,749,432 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,663,312 | PYOtherExpensesAmt |
| CY Other Expenses | $30,572,371 | CYOtherExpensesAmt |
| PY Total Expenses | $153,497,565 | PYTotalExpensesAmt |
| CY Total Expenses | $51,682,398 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,237,518 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,663,266 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,342,342,571 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,176,956,286 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,224,630,371 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,065,609,527 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $117,712,200 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $111,346,759 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GLEANER LIFE INSURANCE SOCIETY ("GLEANER") IS A FRATERNAL BENEFIT SOCIETY. ITS MISSION IS TO BE A FRIEND OF THE FAMILY THAT PROVIDES ITS MEMBERS WITH FINANCIAL SECURITY, FRATERNAL BENEFITS, AND VOLUNTEER OPPORTUNITIES SERVED WITH INTEGRITY, RESPECT, AND ACCOUNTABILITY. THE PURPOSE OF THE BOARD OF DIRECTORS OF GLEANER LIFE INSURANCE SOCIETY (ON BEHALF OF OUR MEMBERS) IS TO PROVIDE LEADERSHIP AND MAINTAIN A SYSTEM OF GOVERNANCE SO THAT THE SOCIETY ACHIEVES ITS MISSION AND AVOIDS UNACCEPTABLE ACTIONS AND SITUATIONS. THE "CORE BOARD VALUES" ARE: - GOOD PEOPLE DOING GOOD THINGS - LEADERSHIP - ETHICAL WITH INTEGRITY - ACCOUNTABLE TO OUR MEMBERS - NOW AND FOR THE FUTURE - EQUALITY OF ALL MEMBERS - RESPECT AND VALUE RELATIONSHIPS - SERVE AND CARE FOR OUR MEMBERS GLEANER PROVIDES LIFE, SICKNESS, ACCIDENT, AND OTHER BENEFITS TO ITS MEMBERS. THROUGH 63 ACTIVE ARBORS BENEVOLENT AND FRATERNAL ACTS ARE PERFORMED. COORDINATION OF MEMBERS, ORPHAN BENEFITS, SCHOLARSHIPS (THROUGH GLEANER LIFE INSURANCE | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDE FOR LIFE, SICKNESS, ACCIDENT, OR OTHER BENEFITS TO HOLDERS OF 52,988 CERTIFICATES. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 17140 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 63 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TODD WARNER | PersonNm |
| Phone | 5172632244 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 W US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 492219461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| KEVIN A MARTI | ||||||||
| FORMER PRES. | 40.00 | Yes (X) | $272,428 | $0 | $21,653 | |||
| JAIME REYNOLDS | ||||||||
| FORMER VP CO | 40.00 | Yes (X) | $187,315 | $0 | $14,155 | |||
| MICHAEL STUART | ||||||||
| REGIONAL SAL | 40.00 | $156,378 | $0 | $25,621 | Yes (X) | |||
| ANTHONY CLARK | ||||||||
| FORMER PRES. | 40.00 | Yes (X) | $158,504 | $0 | $20,928 | |||
| TODD M WARNER | ||||||||
| PRESIDENT & | 40.00 | Yes (X) | $158,718 | $0 | $18,807 | |||
| ANDREW AMELING | ||||||||
| DEVELOPMENT | 40.00 | $146,142 | $0 | $27,072 | Yes (X) | |||
| DEBORAH ELLIOTT | ||||||||
| VP CHIEF HR | 40.00 | Yes (X) | $154,945 | $0 | $14,928 | |||
| DAWN OSBORN | ||||||||
| AVP UNDW & N | 40.00 | Yes (X) | $141,183 | $0 | $26,557 | |||
| JUDITH LAWRENCE | ||||||||
| AVP IT DEV & | 40.00 | Yes (X) | $142,634 | $0 | $18,984 | |||
| JOSEPH BAKER | ||||||||
| APP DEV & DA | 40.00 | $132,882 | $0 | $26,601 | Yes (X) | |||
| TIMOTHY ROOT | ||||||||
| APP DEV & DA | 40.00 | $132,996 | $0 | $25,759 | Yes (X) | |||
| LARRY WEICHEL | ||||||||
| FORMER AVP S | 40.00 | Yes (X) | $147,473 | $0 | $10,099 | |||
| DWAIN ARELL CHAPMAN | ||||||||
| VP OPERATION | 40.00 | Yes (X) | $142,288 | $0 | $9,530 | |||
| MICHELLE ZIMMANCK | ||||||||
| AVP IT OPERA | 40.00 | Yes (X) | $121,255 | $0 | $22,659 | |||
| DAVID OEFFNER | ||||||||
| SENIOR SOFTW | $116,323 | $0 | $16,702 | Yes (X) | ||||
| MICHAEL PICKERILL | ||||||||
| FORMER REG S | 40.00 | $101,704 | $0 | $17,463 | Yes (X) | |||
| ANTHONY GOLDEN | ||||||||
| FORMER SVP N | 40.00 | Yes (X) | $100,630 | $0 | $9,710 | |||
| AMY HAWKEN | ||||||||
| AVP MEMBER S | 40.00 | Yes (X) | $98,621 | $0 | $6,910 | |||
| DAVID PITTMAN | ||||||||
| FORMER AVP F | 40.00 | Yes (X) | $89,864 | $0 | $10,306 | |||
| MARGARET MS NOE | ||||||||
| CHAIR | 2.00 | $27,621 | $0 | $0 | Yes (X) | |||
| STEPHANIE ANDRESEN | ||||||||
| VICE CHAIR | 2.00 | $25,253 | $0 | $0 | Yes (X) | |||
| ROBYN SMITH | ||||||||
| DIRECTOR | 2.00 | $24,600 | $0 | $0 | Yes (X) | |||
| DONNA BAKER | ||||||||
| DIRECTOR | 2.00 | $17,873 | $0 | $0 | Yes (X) | |||
| ALLEN UNDERWOOD | ||||||||
| DIRECTOR | 2.00 | $16,277 | $0 | $0 | Yes (X) | |||
| JENNIFER VALDEZ | ||||||||
| DIRECTOR | 2.00 | $16,277 | $0 | $0 | Yes (X) | |||
| WILLIAM TUTTAMORE | ||||||||
| DIRECTOR | 2.00 | $12,660 | $0 | $0 | Yes (X) | |||
| RUSSELL E CUNNINGHAM | ||||||||
| FORMER DIREC | 2.00 | $12,276 | $0 | $0 | Yes (X) | |||
| BETHANY FIGG | ||||||||
| DIRECTOR | 2.00 | $10,851 | $0 | $0 | Yes (X) | |||
| TERRY L GARNER | ||||||||
| FORMER DIREC | 2.00 | $10,705 | $0 | $0 | Yes (X) | |||
| MARK A WILLS | ||||||||
| FORMER DIREC | 2.00 | $9,984 | $0 | $0 | Yes (X) | |||
| DANIEL SUTTON | ||||||||
| FORMER DIREC | 2.00 | $8,214 | $0 | $0 | Yes (X) | |||
| JEFFREY PRICE | ||||||||
| FORMER DIREC | 2.00 | $7,234 | $0 | $0 | Yes (X) | |||
| KAYLENE ARMSTRONG | ||||||||
| VP FIN/INVST | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,902,108 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $344,444 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASSET ALLOCATION MANAGEMENT | |||||
| 10 S RIVERSIDE PLAZA STE 700 | CHICAGO | IL | 60606 | INVEST ADVISOR | $997,087 |
| WOUCH MALONEY & CO LLP | |||||
| 415 SARAGON WAY SUITE J | HORSHAM | PA | 19044 | FINANCIAL SVCS | $664,120 |
| JEROME CVACH | |||||
| 3468 MARBELLA CT | BONITA SPRINGS | FL | 34134 | SALES REP | $267,095 |
| CFD INVESTMENTS | |||||
| 2704 GOYER RD | KOKOMO | IN | 46904 | SALES REP | $244,552 |
| CLARK HILL PLC | |||||
| PO BOX 641858 | PITTSBURGH | PA | 15264 | LEGAL SERVICES | $243,244 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INVESTMENT INCOME | 524113 | $56,418,921 | $56,418,921 |
| PROGRAM SERVICE REVENUE | 900001 | -$14,136,604 | -$14,136,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $42,282,317 | TotalProgramServiceRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $303,340,511 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $300,603,696 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,736,815 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,736,815 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,736,815 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,019,132 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $45,019,132 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $600,574 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,760,021 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,472,271 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,313,135 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,524,951 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $439,075 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,931 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $534,257 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,217,633 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $884,656 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,878 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $451,547 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,420 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,263 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,531 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,031,585 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| FUNDS WITHHELD ACCOUNT | $20,098,305 |
| G/L IMR RELEASE | $1,052,142 |
| FIELD EXPENSE ALLOWANCE | $1,033,267 |
| COMMISSIONS | $807,805 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,916,151 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,682,398 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,369,390 | BOYAmt |
| EOY | $4,935,243 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,579,346 | BOYAmt |
| EOY | $18,545,953 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,292,482 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,713,797 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,508,328 | BOYAmt |
| EOY | $2,578,685 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,141,101,767 | BOYAmt |
| EOY | $1,016,024,540 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,110,502 | BOYAmt |
| EOY | $115,206,432 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,673,238 | BOYAmt |
| EOY | $19,665,433 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,342,342,571 | BOYAmt |
| EOY | $1,176,956,286 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $585,957,872 | BOYAmt |
| EOY | $492,392,231 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $638,672,499 | BOYAmt |
| EOY | $573,217,296 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,224,630,371 | BOYAmt |
| EOY | $1,065,609,527 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,712,200 | BOYAmt |
| EOY | $111,346,759 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,712,200 | BOYAmt |
| EOY | $111,346,759 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,342,342,571 | BOYAmt |
| EOY | $1,176,956,286 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$6,663,266 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,415,868 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,118,043 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,640,645 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,743,105 | DepreciationAmt |
| Book Value | $897,540 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,651,837 | OtherCostOrOtherBasisAmt |
| Depreciation | $970,692 | DepreciationAmt |
| Book Value | $1,681,145 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,578,685 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| MORTGAGE LOANS ON REAL ESTATE | $36,603,126 | C |
| DEBENTURES | $36,115,071 | C |
| CERTIFICATE LOANS AND ITEMS | $35,328,867 | C |
| DERIVATIVES | $6,871,840 | C |
| RECEIVABLES FOR SECURITIES | $287,528 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $115,206,432 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (10 entries)
| DescDesc | AmtAmt |
|---|---|
| AGGR. RES FOR LIFE CERT & CONTRACTS | $548,771,788 |
| SUPP CONTRACT NOT INVOLVING LIFE | $18,734,341 |
| INTEREST MAINTENANCE RESERVE | $3,263,280 |
| PROV FOR REFUNDS PAYABLE NEXT YEAR | $1,664,033 |
| CERT & CTRT CLAIMS - LIFE | $524,738 |
| AGG RES FOR ACC & HEALTH CERT | $139,661 |
| COMMISSION TO AGENTS DUE | $51,897 |
| PREM & ANNUITY RECEIVED IN ADVANCE | $34,653 |
| CERT & CTRT CLAIMS ACC & HEALTH | $30,000 |
| REFUNDS DUE AND UNPAID | $2,905 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $573,217,296 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $45,479,821 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $420,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $2,577,567 | OtherRevenueAmt |
| Revenue Not Reported | $2,997,567 | RevenueNotReportedAmt |
| Revenue Subtotal | $42,482,254 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,497,916 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $38,962 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,536,878 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $45,019,132 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $52,143,087 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $420,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $2,577,567 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $2,997,567 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,145,520 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,497,916 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $38,962 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,536,878 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $51,682,398 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | REINSURANCE CEDED 2,442,162 MISCELLANEOUS LOSS RECLASS 135,405 |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | LOADING 38,962 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | REINSURANCE CEDED 2,442,162 MISCELLANEOUS LOSS RECLASS 135,405 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | LOADING ON DEFERRED & UNCOLLECTED PREMIUM 38,962 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VARIOUS ARBORS OF GLEANER | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 380580730 | RecipientEIN |
| Cash Grant | $600,574 | CashGrantAmt |
| Purpose Of Grant | MBR DUES/OTHER PRGMS | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 63 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE SOCIETY MONITORS AND MAINTAINS THE RECORDS OF THE GRANTS PROVIDED TO THE ARBORS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount |
|---|---|---|---|---|---|
| KEVIN A MARTI | |||||
| FORMER PRES. & CEO | $270,378 | $2,050 | $21,653 | $294,081 | |
| JAIME REYNOLDS | |||||
| FORMER VP COMM & ENG | $93,313 | $33,724 | $14,155 | $201,470 | $60,278 |
| MICHAEL STUART | |||||
| REGIONAL SALES DIR. | $118,192 | $25,601 | $25,621 | $181,999 | $12,585 |
| ANTHONY CLARK | |||||
| FORMER PRES. & CEO | $147,498 | $808 | $20,928 | $179,432 | $10,198 |
| TODD M WARNER | |||||
| PRESIDENT & CEO | $154,987 | $3,731 | $18,807 | $177,525 | |
| ANDREW AMELING | |||||
| DEVELOPMENT MANAGER | $143,836 | $821 | $27,072 | $173,214 | $1,485 |
| DEBORAH ELLIOTT | |||||
| VP CHIEF HR OFC/SEC | $152,895 | $2,050 | $14,928 | $169,873 | |
| DAWN OSBORN | |||||
| AVP UNDW & NEW BUS | $136,311 | $1,623 | $26,557 | $167,740 | $3,249 |
| JUDITH LAWRENCE | |||||
| AVP IT DEV & PROCESS | $137,740 | $1,639 | $18,984 | $161,618 | $3,255 |
| JOSEPH BAKER | |||||
| APP DEV & DATA BASE | $130,584 | $815 | $26,601 | $159,483 | $1,483 |
| TIMOTHY ROOT | |||||
| APP DEV & DATA BASE | $130,706 | $805 | $25,759 | $158,755 | $1,485 |
| LARRY WEICHEL | |||||
| FORMER AVP SALES/SPT | $95,792 | $19,518 | $10,099 | $157,572 | $32,163 |
| DWAIN ARELL CHAPMAN | |||||
| VP OPERATIONS & COMP | $140,568 | $1,720 | $9,530 | $151,818 | |
| MICHAEL PICKERILL | |||||
| FORMER REG SALES DIR | $87,792 | $1,032 | $17,463 | $119,167 | $12,880 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 1A | THE FOLLOWING INDIVIDUALS RECEIVED TRAVEL FOR COMPANIONS: ANTHONY CLARK, ANTHONY GOLDEN, DANIEL SUTTON, MICHAEL STUART, MICHAEL PICKERILL, TERRY GARNER, LARRY WEICHEL, STEPHANIE ANDRESEN, RUSSELL CUNNINGHAM, MARGARET NOE, AND MARK WILLS. THESE AMOUNTS WERE CONSIDERED TAXABLE COMPENSATION TO THESE INDIVIDUALS. |
| SCHEDULE J, PAGE 1, PART I, LINE 4 | JAIME REYNOLDS 55,683 0 0 LARRY WEICHEL 20,121 0 0 DAVID PITTMAN 9,508 0 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | GLEANER LIFE INSURANCE SOCIETY ("GLEANER") IS A FRATERNAL BENEFIT SOCIETY. ITS MISSION IS TO BE A FRIEND OF THE FAMILY THAT PROVIDES ITS MEMBERS WITH FINANCIAL SECURITY, FRATERNAL BENEFITS, AND VOLUNTEER OPPORTUNITIES SERVED WITH INTEGRITY, RESPECT, AND ACCOUNTABILITY. THE PURPOSE OF THE BOARD OF DIRECTORS OF GLEANER LIFE INSURANCE SOCIETY (ON BEHALF OF OUR MEMBERS) IS TO PROVIDE LEADERSHIP AND MAINTAIN A SYSTEM OF GOVERNANCE SO THAT THE SOCIETY ACHIEVES ITS MISSION AND AVOIDS UNACCEPTABLE ACTIONS AND SITUATIONS. THE "CORE BOARD VALUES" ARE: - GOOD PEOPLE DOING GOOD THINGS - LEADERSHIP - ETHICAL WITH INTEGRITY - ACCOUNTABLE TO OUR MEMBERS - NOW AND FOR THE FUTURE - EQUALITY OF ALL MEMBERS - RESPECT AND VALUE RELATIONSHIPS - SERVE AND CARE FOR OUR MEMBERS GLEANER PROVIDES LIFE, SICKNESS, ACCIDENT, AND OTHER BENEFITS TO ITS MEMBERS. THROUGH 63 ACTIVE ARBORS BENEVOLENT AND FRATERNAL ACTS ARE PERFORMED. COORDINATION OF MEMBERS, ORPHAN BENEFITS, SCHOLARSHIPS (THROUGH GLEANER LIFE INSURANCE SOCIETY SCHOLARSHIP FOUNDATION), FAMILY DAYS, SOCIAL GATHERINGS, PUBLICATIONS, ETC ARE EXAMPLES OF ITS SIGNIFICANT ACTIVITIES. |
| FORM 990 | ALL LINES LEFT BLANK ARE NOT APPLICABLE TO THE ORGANIZATION. |
| FORM 990, PAGE 1, PART I, LINE 6 | OUR MEMBERS (AND SOMETIMES INVITED GUESTS) VOLUNTEER THEIR TIME AND EFFORTS TO HELP FURTHER ARBOR'S (OUR SUBORDINATE LODGES) RESPECTIVE CAUSES. THE SOCIETY DOES NOT MAINTAIN AN ACTUAL COUNT OF EACH GLEANER MEMBER'S VOLUNTEER EFFORTS; IT ESTIMATES 40,843 INDIVIDUALS (BOTH MEMBERS AND NONMEMBERS), IN TOTAL, VOLUNTEERED THEIR SERVICES WITH A GLEANER ARBOR FROM JANUARY 1, 2024 THROUGH DECEMBER 31, 2024. IN TOTAL, OVER 36,427 HOURS WERE VOLUNTEERED. |
| FORM 990, PAGE 6, PART VI, LINE 6 | AS AN IRC SECTION 501(C)(8), ALL OF OUR INSURED (LIFE CERTIFICATES) AND ANNUITANTS (ANNUITY CERTIFICATES) HAVE MEMBERSHIP RIGHTS IN THE SOCIETY. |
| FORM 990, PAGE 6, PART VI, LINE 7A | AS AN IRC SECTION 501(C)(8) ORGANIZATION, WE ARE REQUIRED TO HAVE "LODGES" (WE REFER TO THEM AS ARBORS). EVERY TWO YEARS WE HAVE A CONVENTION IN WHICH EACH ARBOR ELECTS REPRESENTATIVES TO ATTEND THE CONVENTION. THE MEMBERSHIP IS RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | OUR BOARD OF DIRECTORS AUTHORIZES CHANGES TO OUR CONSTITUTION AND BY-LAWS, BUT IT IS OUR MEMBERSHIP THAT MUST APPROVE THE CHANGES. APPROVAL HAPPENS BY A VOTE OF OUR MEMBERSHIP WHEN THERE IS A PROPOSED CHANGE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | A MICHIGAN CERTIFIED PUBLIC ACCOUNTING FIRM, ANDREWS HOOPER PAVLIK PLC PREPARES OUR RETURN. THE REVIEW OF OUR RETURN WAS PERFORMED BY KAYLENE ARMSTRONG, CHIEF FINANCIAL & INVESTMENT OFFICER. AS PART OF THE REVIEW, THE INPUT OF OUR BOARD MEMBERS WAS SOUGHT. A COPY OF OUR FORM 990 WAS PROVIDED TO EACH VOTING AND NON-VOTING MEMBER OF OUR BOARD OF DIRECTORS. BOARD MEMBERS WERE PROVIDED A COPY OF THE FORM 990 BEFORE THE NOVEMBER 15TH FILING. IF ANY CHANGES, AN UPDATED COPY WAS PROVIDED TO EACH BOARD MEMBER PRIOR TO ELECTRONICALLY FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EVERY MEMBER OF THE BOARD OF DIRECTORS (BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY) AS WELL AS EVERY EMPLOYEE (CONFLICT OF INTEREST POLICY FOR OFFICERS AND RESPONSIBLE EMPLOYEES) PROVIDES A SIGNED ACKNOWLEDGEMENT OF OUR CONFLICT OF INTEREST POLICY AT EACH YEAR-END. AN INDIVIDUAL'S SIGNED ACKNOWLEDGEMENT IS IN RESPONSE TO OUR WRITTEN POLICY THAT PRECEDES THE ACKNOWLEDGEMENT FORM. THE ONGOING MONITORING OF EACH CONFLICT OF INTEREST POLICY IS PERFORMED BY EACH INDIVIDUAL AS WELL AS OUR CHIEF HUMAN RESOURCES OFFICER. AT YEAR-END, OUR INDEPENDENT AUDITORS REVIEW THE CONFLICT OF INTEREST ACKNOWLEDGEMENTS. IF A CONFLICT EXISTS, THE INDIVIDUAL WILL REMOVE HIM/HERSELF FROM THE TRANSACTION OR HE/SHE IS REMOVED FROM THE TRANSACTION, IF A KNOWN CONFLICT EXISTS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII | FORM 990, PART VI LINE A AND PART VII QUESTION 3 - GOVERNANCE AND MANAGEMENT CHANGES DURING 2024, FIVE MEMBERS OF THE BOARD OF DIRECTORS TURNED OVER AS PART OF THE SOCIETY'S GOVERNANCE PROCESS AND DELEGATE ELECTIONS. DEPARTING DIRECTORS WERE TERRY GARNER, MARK WILLS, RUSSELL CUNNINGHAM, JEFF PRICE, AND DAN SUTTON. NEWLY ELECTED DIRECTORS WERE DONNA BAKER, BETHANY FIGG, WILLIAM TUTTAMORE, ALLEN UNDERWOOD, AND JENNIFER VALDEZ. AT YEAR-END 2024, MARGARET NOE SERVED AS CHAIR OF THE BOARD AND STEPHANIE ANDRESEN SERVED AS VICE CHAIR. THERE WAS ALSO TURNOVER IN EXECUTIVE MANAGEMENT DURING THE YEAR. ANTHONY CLARK, ANTHONY GOLDEN, LARRY WIECHEL, MICHAEL PICKERILL, AND JAIME REYNOLDS DEPARTED. KEVIN MARTI SERVED AS INTERIM CEO THROUGH NOVEMBER 2024. TODD WARNER SERVED AS CFO FROM APRIL THROUGH DECEMBER 2024, WHEN HE WAS APPOINTED PRESIDENT AND CEO. KAYLENE ARMSTRONG WAS APPOINTED CFO AND INVESTMENT OFFICER EFFECTIVE DECEMBER 31, 2024. |
| FORM 990, PART XI, LINE 9 | CHANGE IN SURPLUS DUE TO REINSURANCE 9,262,212 UNREALIZED GAINS/LOSS REINSURANCE -117,485 CHANGE IN ASSET VALUATION RESERVE -3,654,744 CHANGE IN NON-ADMITTED ASSETS -127,130 CHANGE IN RESEVE - VALUATION BASIS -7,480,896 TOTAL -2,118,043 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLEANER LIFE INS SOC SCHOLARSHIP | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383006741 | EIN |
| Primary Activities | SCHOLAR. | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Exempt Code Section | 3 | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLEANER FINANCIAL CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5200 WEST US HIGHWAY 223 | AddressLine1Txt |
| City | ADRIAN | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382718689 | EIN |
| Primary Activities | FINANCIAL | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | $55,776 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $2,070,790 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |