2025-11-12T11:27:42-05:00 2024-12-31 383133790 ANDREWS HOOPER PAVLIK PLC 4295 OKEMOS RD STE 200 OKEMOS MI 488646201 990 2024-01-01 380580730 GLEANER LIFE INSURANCE SOCIETY GLEA 5172632244 5200 WEST US HIGHWAY 223 ADRIAN MI 49221 TODD M WARNER PRESIDENT & CEO 5172632244 2025-11-10 true true JULIE M PFEIFLE P00751307 5177060800 2025-11-11 2024 2025-03-06 01:10:19Z TODD M WARNER 5200 WEST US HIGHWAY 223 ADRIAN MI 49221 345622828 false X WWW.GLEANERLIFE.ORG X 1894 MI 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 7 7 63 40843 0 0 156004252 42282317 -4744205 2736815 0 151260047 45019132 591457 600574 110200744 12760021 7042052 7749432 0 0 35663312 30572371 153497565 51682398 -2237518 -6663266 1342342571 1176956286 1224630371 1065609527 117712200 111346759 X 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 false false PROVIDE FOR LIFE, SICKNESS, ACCIDENT, OR OTHER BENEFITS TO HOLDERS OF 52,988 CERTIFICATES. false false false false false false false false false true true false false true false true false false false false false false false false false false true false true false false false false false false false false false false false true true false false true 17140 0 true 63 true false false false false false false false false X 7 7 false false false false true true true true true false true true true true true true true true false false false IN X TODD WARNER 5172632244 5200 W US HIGHWAY 223 ADRIAN MI 492219461 X KEVIN A MARTI FORMER PRES. 40.00 X 272428 0 21653 JAIME REYNOLDS FORMER VP CO 40.00 X 187315 0 14155 MICHAEL STUART REGIONAL SAL 40.00 X 156378 0 25621 ANTHONY CLARK FORMER PRES. 40.00 X 158504 0 20928 TODD M WARNER PRESIDENT & 40.00 X 158718 0 18807 ANDREW AMELING DEVELOPMENT 40.00 X 146142 0 27072 DEBORAH ELLIOTT VP CHIEF HR 40.00 X 154945 0 14928 DAWN OSBORN AVP UNDW & N 40.00 X 141183 0 26557 JUDITH LAWRENCE AVP IT DEV & 40.00 X 142634 0 18984 JOSEPH BAKER APP DEV & DA 40.00 X 132882 0 26601 TIMOTHY ROOT APP DEV & DA 40.00 X 132996 0 25759 LARRY WEICHEL FORMER AVP S 40.00 X 147473 0 10099 DWAIN ARELL CHAPMAN VP OPERATION 40.00 X 142288 0 9530 MICHELLE ZIMMANCK AVP IT OPERA 40.00 X 121255 0 22659 DAVID OEFFNER SENIOR SOFTW X 116323 0 16702 MICHAEL PICKERILL FORMER REG S 40.00 X 101704 0 17463 ANTHONY GOLDEN FORMER SVP N 40.00 X 100630 0 9710 AMY HAWKEN AVP MEMBER S 40.00 X 98621 0 6910 DAVID PITTMAN FORMER AVP F 40.00 X 89864 0 10306 MARGARET MS NOE CHAIR 2.00 X 27621 0 0 STEPHANIE ANDRESEN VICE CHAIR 2.00 X 25253 0 0 ROBYN SMITH DIRECTOR 2.00 X 24600 0 0 DONNA BAKER DIRECTOR 2.00 X 17873 0 0 ALLEN UNDERWOOD DIRECTOR 2.00 X 16277 0 0 JENNIFER VALDEZ DIRECTOR 2.00 X 16277 0 0 WILLIAM TUTTAMORE DIRECTOR 2.00 X 12660 0 0 RUSSELL E CUNNINGHAM FORMER DIREC 2.00 X 12276 0 0 BETHANY FIGG DIRECTOR 2.00 X 10851 0 0 TERRY L GARNER FORMER DIREC 2.00 X 10705 0 0 MARK A WILLS FORMER DIREC 2.00 X 9984 0 0 DANIEL SUTTON FORMER DIREC 2.00 X 8214 0 0 JEFFREY PRICE FORMER DIREC 2.00 X 7234 0 0 KAYLENE ARMSTRONG VP FIN/INVST X 0 0 0 2902108 344444 25 true true false ASSET ALLOCATION MANAGEMENT 10 S RIVERSIDE PLAZA STE 700 CHICAGO IL 60606 INVEST ADVISOR 997087 WOUCH MALONEY & CO LLP 415 SARAGON WAY SUITE J HORSHAM PA 19044 FINANCIAL SVCS 664120 JEROME CVACH 3468 MARBELLA CT BONITA SPRINGS FL 34134 SALES REP 267095 CFD INVESTMENTS 2704 GOYER RD KOKOMO IN 46904 SALES REP 244552 CLARK HILL PLC PO BOX 641858 PITTSBURGH PA 15264 LEGAL SERVICES 243244 13 INVESTMENT INCOME 524113 56418921 56418921 PROGRAM SERVICE REVENUE 900001 -14136604 -14136604 42282317 303340511 300603696 2736815 2736815 2736815 45019132 45019132 600574 12760021 1472271 4313135 1524951 439075 359931 534257 1217633 884656 16878 451547 341420 125263 701531 1031585 FUNDS WITHHELD ACCOUNT 20098305 G/L IMR RELEASE 1052142 FIELD EXPENSE ALLOWANCE 1033267 COMMISSIONS 807805 1916151 51682398 0 0 0 11369390 4935243 30579346 18545953 6292482 3713797 2508328 2578685 1141101767 1016024540 115110502 115206432 41673238 19665433 1342342571 1176956286 585957872 492392231 638672499 573217296 1224630371 1065609527 X 117712200 111346759 117712200 111346759 1342342571 1176956286 X -6663266 2415868 -2118043 X false true X true 3640645 2743105 897540 2651837 970692 1681145 2578685 MORTGAGE LOANS ON REAL ESTATE 36603126 C DEBENTURES 36115071 C CERTIFICATE LOANS AND ITEMS 35328867 C DERIVATIVES 6871840 C RECEIVABLES FOR SECURITIES 287528 C 115206432 AGGR. RES FOR LIFE CERT & CONTRACTS 548771788 SUPP CONTRACT NOT INVOLVING LIFE 18734341 INTEREST MAINTENANCE RESERVE 3263280 PROV FOR REFUNDS PAYABLE NEXT YEAR 1664033 CERT & CTRT CLAIMS - LIFE 524738 AGG RES FOR ACC & HEALTH CERT 139661 COMMISSION TO AGENTS DUE 51897 PREM & ANNUITY RECEIVED IN ADVANCE 34653 CERT & CTRT CLAIMS ACC & HEALTH 30000 REFUNDS DUE AND UNPAID 2905 573217296 45479821 420000 2577567 2997567 42482254 2497916 38962 2536878 45019132 52143087 420000 2577567 2997567 49145520 2497916 38962 2536878 51682398 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 true VARIOUS ARBORS OF GLEANER 5200 WEST US HIGHWAY 223 ADRIAN MI 49221 380580730 600574 MBR DUES/OTHER PRGMS 63 SCHEDULE I, PAGE 1, PART I, LINE 2 THE SOCIETY MONITORS AND MAINTAINS THE RECORDS OF THE GRANTS PROVIDED TO THE ARBORS. X true true X X X true false false KEVIN A MARTI FORMER PRES. & CEO 270378 2050 21653 294081 JAIME REYNOLDS FORMER VP COMM & ENG 93313 60278 33724 14155 201470 MICHAEL STUART REGIONAL SALES DIR. 118192 12585 25601 25621 181999 ANTHONY CLARK FORMER PRES. & CEO 147498 10198 808 20928 179432 TODD M WARNER PRESIDENT & CEO 154987 3731 18807 177525 ANDREW AMELING DEVELOPMENT MANAGER 143836 1485 821 27072 173214 DEBORAH ELLIOTT VP CHIEF HR OFC/SEC 152895 2050 14928 169873 DAWN OSBORN AVP UNDW & NEW BUS 136311 3249 1623 26557 167740 JUDITH LAWRENCE AVP IT DEV & PROCESS 137740 3255 1639 18984 161618 JOSEPH BAKER APP DEV & DATA BASE 130584 1483 815 26601 159483 TIMOTHY ROOT APP DEV & DATA BASE 130706 1485 805 25759 158755 LARRY WEICHEL FORMER AVP SALES/SPT 95792 32163 19518 10099 157572 DWAIN ARELL CHAPMAN VP OPERATIONS & COMP 140568 1720 9530 151818 MICHAEL PICKERILL FORMER REG SALES DIR 87792 12880 1032 17463 119167 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 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 GLEANER LIFE INS SOC SCHOLARSHIP FOUNDATION 5200 WEST US HIGHWAY 223 ADRIAN MI 49221 383006741 SCHOLAR. MI 3 PF NA true GLEANER FINANCIAL CORPORATION 5200 WEST US HIGHWAY 223 ADRIAN MI 49221 382718689 FINANCIAL MI NA C CORP 55776 2070790 1.00000 true false false false false false false false false false false false false false false false false false false false