2015-11-13T14:13:14-06:00 2014-12-31 420714325 RSM US LLP 201 N HARRISON STREET SUITE 300 DAVENPORT IA 528011999 990 2014-01-01 361493430 MODERN WOODMEN OF AMERICA MODE 3097866481 1701 FIRST AVENUE ROCK ISLAND IL 61201 JERALD J LYPHOUT NATIONAL SECRETARY 3097866481 2015-11-10 1 JOHN J ROMANO P00227323 5638884000 2014 2016-04-25 22:37:26Z JERALD J LYPHOUT 1701 FIRST AVENUE ROCK ISLAND IL 61201 1745011054 0 X WWW.MODERN-WOODMEN.ORG X 1883 IL TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS. 9 3 2431 440000 823545 655634 0 0 1711501686 1745011054 0 0 0 0 1711501686 1745011054 1161199 1197020 1337703392 1400318501 89962670 72037461 0 0 0 178566769 186078437 1607394030 1659631419 104107656 85379635 13398445743 14131105297 11883001492 12652058760 1515444251 1479046537 X TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS. 0 0 LIFE INSURANCE PROGRAMS: MODERN WOODMEN OF AMERICA PROVIDES BENEFITS AND SERVICES COVERAGE FOR LIFE, ANNUITY, AND ACCIDENT & HEALTH INSURANCE (769,988 MEMBERS) FRATERNAL BENEFITS (24,745 BENEFICIARIES) YOUTH COMMUNITY SERVICE PROGRAMS: YOUTH ACTIVITIES AND PROGRAMS (11,087 ACTIVITIES) FRATERNAL CHARACTER (769,988 MEMBERS) 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 69323 0 1 2431 1 1 1 0 0 0 0 0 X 9 3 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 0 X JERALD J LYPHOUT 3097866481 1701 FIRST AVENUE ROCK ISLAND IL 61201 DARCY ANN CALLAS GENERAL COUNSEL 40.00 X X 620565 0 1480056 DAVID B EMRICK DIRECTOR 5.00 X 62018 0 0 ALBERT T HURST JR REGIONAL DIRECTOR 40.00 X 568742 6419 575292 WILLIAM KELTNER REGIONAL DIRECTOR 40.00 X 760635 7537 707092 JERALD J LYPHOUT DIRECTOR 5.00 X 8510 227968 337544 WILLIAM KENNY MASSEY PRESIDENT 40.00 X X 1232850 0 2156596 GARY L MEDD DIRECTOR 5.00 X 55342 0 0 ROBERT C POLLEX DIRECTOR 5.00 X 58685 0 0 DENIS PATRICK PRIOR NATIONAL SECRETARY 40.00 X X 515448 0 836385 LARRY LYN SCHREIBER FORMER CHIEF RISK OFFICER 40.00 X X 1875776 0 6071 MICHAEL SCOTT ANDREWS CHIEF ACTUARY 40.00 X 299169 0 597732 PATRICK JAMES BARNES MARKETING OFFICER 40.00 X 376464 0 920646 MICHAEL EDWARD DAU TREASURER 40.00 X 433741 0 669791 DANIEL G DEPUYDT HUMAN RESOURCES DIRECTOR 40.00 X 268580 0 105312 MELVIN L RAMBO CHIEF RISK OFFICER 40.00 X 192096 0 87728 PATRICK OMAR SAUNDERS ASSISTANT NATIONAL SECRETARY 40.00 X 254515 0 585760 STEVE VANSPEYBROECK FORMER FRATERNAL DIRECTOR 40.00 X 144780 0 3872 JILL LAIN WEAVER FRATERNAL DIRECTOR 40.00 X 165348 0 254408 GEORGE RAYMOND WORLEY AGENCY OFFICER 40.00 X 364623 0 890893 TODD DAVID SWANSON CONTROLLER 40.00 X 206124 0 99356 KELLY G HERRING REGIONAL DIRECTOR 40.00 X 447667 24566 322281 KENNY D JACKSON REGIONAL DIRECTOR 40.00 X 520105 11039 455533 DANIEL L LAWRENCE REGIONAL DIRECTOR 40.00 X 565519 35861 515570 SAMUEL G SAIED FINANCIAL REP 40.00 X 455732 36023 426668 JOSEPH A SZTAPKA REGIONAL DIRECTOR 40.00 X 615106 17104 455099 NICK COIN FORMER TREASURER 0.00 X 182090 0 6750 GERALD ODEAN FORMER NATIONAL SECRETARY 0.00 X 258722 0 6750 11508952 366517 12503185 254 1 1 0 SE2 5801 SW SIXTH AVENUE TOPEKA KS 66636 VA PRODUCT MANAGEMENT 1312630 PRUDENTIAL PRIVATE PLACEMENT INVESTORS L GATEWAY CTR 3 18TH FLOOR NEWARK NJ 07102 INVESTMENT MANAGEMENT 493931 OFI INSTITUTIONAL DISCOVERY SMALL 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112 INVESTMENT MANAGEMENT 431079 ROBERT E NOLAN COMPANY 92 HOPMEADOW STREET WEATOGUE CT 06089 MANAGEMENT CONSULTING 389629 ERNST & YOUNG 801 GRAND AVENUE DES MOINES IA 50309 AUDIT 281800 10 PREMIUMS & OTHER RECEIPTS 524113 1071023770 1071023770 GROSS INVESTMENT INCOME 524113 579777834 579777834 OTHER INCOME 524113 94201202 93385905 815297 PRINTING INCOME 323100 8248 8248 1745011054 1745011054 1744187509 823545 0 668295 528725 1400318501 6223635 33305864 11702551 13735771 7069640 428948 313445 929214 978332 1877570 6529658 2852090 5559488 915664 2830308 125541 5204080 277037 COMMISSIONS 64010326 MISCELLANEOUS EXPENSE 12822160 CAMP ADMIN & EXPENSE 12625522 FIELD EXPENSE ALLOWANCE 10289559 57509495 1659631419 1587882 1270986 60324888 98747448 79525307 47790010 32122040 31735297 28505628 31811086 12415697530 13060955499 860207775 906584981 13398445743 14131105297 15288834 17689905 35626316 43525308 11832086342 12590843547 11883001492 12652058760 X 0 0 0 0 1515444251 1479046537 1515444251 1479046537 13398445743 14131105297 X 85379635 5897705 -127675054 X X 0 1 X 1 0 1150000 195245 1345245 10402278 56622305 40439993 26584590 11155479 7350017 3805462 31735297 BONDS 11303244424 F COMMON STOCKS 798171489 F MORTGAGE LOANS 494245906 C OTHER INVESTED ASSETS 288910886 F CERTIFICATE LOANS 176382794 C 13060955499 SECURITIES LENDING 471720350 SEPARATE ACCOUNTS 305867819 INVESTMENT INCOME DUE & ACCRUED 124374215 AMOUNTS RECOVERABLE FROM REINSURERS 3146952 RECEIVABLE FROM SUBSIDIARIES & AFFILIATES 1103901 UNCOLLECTED PREMIUMS 307066 MISCELLANEOUS ASSETS 63787 RECEIVABLE FOR SECURITIES 891 906584981 CONTRACT RESERVES 11295581127 SECURITIES LENDING 471720350 ASSET VALUATION RESERVE 295485698 SEPARATE ACCOUNTS 305867819 OTHER LIABILITIES 84595531 LIABILITY FOR BENEFITS FOR EMPLOYEES & FIELDWORKERS 50329556 INTEREST MAINTENANCE RESERVE 32487687 CONTRACT CLAIM LIABILITY 20408677 DRAFTS OUTSTANDING 14249142 PROVISION FOR REFUNDS PAYABLE 14600000 PREMIUMS RECEIVED IN ADVANCE 5517960 12590843547 1730065363 0 1730065363 14945691 14945691 1745011054 1644685728 0 1644685728 14945691 14945691 1659631419 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 50981000 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 10433000 0 0 0 0 0 0 61414000 0 61414000 1 0 1 1 1 0 1 AMERICAN NATIONAL RED CROSS 2025 E STREET NW WASHINGTON DC 20006 530196605 501(C)(3) 7500 PICNIC ON THE RIVER & GENERAL SUPPORT BALLET QUAD CITIES 613 17TH STREET ROCK ISLAND IL 61201 421366753 501(C)(3) 25000 PERFORMANCE SPONSORSHIP BETHANY FOR CHILDREN & FAMILIES 1830 6TH AVENUE MOLINE IL 61265 362166973 501(C)(3) 7500 AWARDS CELEBRATION BIG BROTHERS BIG SISTERS OF THE MISSISSIPPI VALLEY 130 W 5TH STREET DAVENPORT IA 52801 421320908 501(C)(3) 9275 YOUTH MENTORING CHRISTIAN FRIENDLINESS ASSOCIATION INC 3928 12TH AVENUE MOLINE IL 61265 362193602 501(C)(3) 8525 GENERAL SUPPORT GILDA'S CLUB OF THE QUAD CITIES 1234 E RIVER DRIVE DAVENPORT IA 52803 421446989 501(C)(3) 6525 GENERAL SUPPORT HABITAT FOR HUMANITY - QUAD CITIES INC 3625 MISSISSIPPI AVENUE DAVENPORT IA 52807 421404937 501(C)(3) 6525 GENERAL SUPPORT JUNIOR ACHIEVEMENT OF THE HEARTLAND INC 800 12TH AVENUE MOLINE IL 61265 362684253 501(C)(3) 12100 BIZTOWN & GENERAL SUPPORT MARCH OF DIMES FOUNDATION 1275 MAMARONECK AVENUE WHITE PLAINS NY 10605 131846366 501(C)(3) 5025 SPONSORSHIP & GENERAL SUPPORT NEW GROUND THEATRE 2113 E 11TH STREET DAVENPORT IA 52803 421519151 501(C)(3) 7500 GENERAL SUPPORT PUTNAM MUSEUM AND SCIENCE CENTER 1717 W 12TH STREET DAVENPORT IA 52804 420680474 501(C)(3) 50000 STEM LEARNING CENTER QUAD CITY ARTS INC 1715 2ND AVENUE ROCK ISLAND IL 61201 363122824 501(C)(3) 8000 SUMMER YOUTH EMPLOYMENT QUAD CITY CHAMBER OF COMMERCE 1601 RIVER DRIVE MOLINE IL 61265 273065786 501(C)(6) 30000 1 QC CAMPAIGN QUAD CITY SYMPHONY ORCHESTRA ASSOCIATION 327 BRADY STREET DAVENPORT IA 52801 426017663 501(C)(3) 25000 SPONSORSHIP RIDGECREST FOUNDATION 4130 NORTHWEST BLVD DAVENPORT IA 52803 391889281 501(C)(3) 7500 GENERAL SUPPORT ST AMBROSE UNIVERSITY 518 W LOCUST STREET DAVENPORT IA 52803 420703280 501(C)(3) 50000 RECREATION AND WELLNESS CENTER THE JARED FOUNDATION INC 8555 N RIVER ROAD STE 300 INDIANAPOLIS IN 46240 201227896 501(C)(3) 10000 GENERAL SUPPORT THE MIDWEST WRITING CENTER 225 E 2ND STREET DAVENPORT IA 52803 421126078 501(C)(3) 7800 WRITER'S CONFERENCE TRINITY REGIONAL HEALTH SYSTEM 2701 17TH STREET ROCK ISLAND IL 61201 363351952 501(C)(3) 50000 EMERGENCY & HEART CENTER EXPANSION TWO RIVERS YMCA INC 2040 53RD STREET MOLINE IL 61265 362169199 501(C)(3) 17500 Y-SOLUTIONS & CAPITAL CAMPAIGN UNITED WAY OF THE QUAD CITIES AREA 3247 E 35TH STREET COURT DAVENPORT IA 52807 362725960 501(C)(3) 84286 YMCA LEARNING CENTER & GENERAL SUPPORT WESTERN ILLINOIS UNIVERSITY FOUNDATION 3300 RIVER DRIVE MOLINE IL 61265 376046814 501(C)(3) 25000 RIVERFRONT CAMPUS PHASE II 21 1 SCHOLARSHIPS 262 444375 ORPHAN BENEFITS 30 84350 PART I, LINE 2: ALTHOUGH MODERN WOODMEN DOES NOT HAVE SPECIFIC PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS, IT DOES HAVE PROCEDURES IN PLACE TO DECIDE WHO RECEIVES GRANTS, CONTRIBUTIONS, SCHOLARSHIPS AND ORPHAN BENEFITS. TO BE ELIGIBLE TO RECEIVE CONTRIBUTIONS AN ORGANIZATION MUST BE A 501(C)(3) OR 501(C)(6) ORGANIZATION. CONTRIBUTION RECIPIENTS ARE SELECTED BY A MODERN WOODMEN COMMITTEE OR BOARD OF DIRECTORS BASED ON ESTABLISHED CRITERIA. ELIGIBLE SCHOLARSHIP RECIPIENTS MUST BE BENEFICIAL MEMBERS OF MODERN WOODMEN AND ARE SELECTED BY AN INDEPENDENT COMMITTEE OR AT RANDOM BASED ON ESTABLISHED CRITERIA. SCHOLARSHIP CHECKS ARE MADE PAYABLE TO THE SCHOOL AND NOT THE INDIVIDUAL. ORPHAN BENEFITS ARE PROVIDED TO MEMBERS' CHILDREN OR JUNIOR MEMBERS WHO BECOME ORPHANED BEFORE THEIR 19TH BIRTHDAY. ELIGIBILITY REQUIREMENTS ARE ESTABLISHED BY THE BOARD OF DIRECTORS AND PAYMENTS ARE PAID ONLY TO LEGAL GUARDIANS. X X X X 1 1 X X X 0 1 0 DARCY ANN CALLAS GENERAL COUNSEL 469154 0 116503 0 34908 0 1469137 0 10919 0 2100621 0 0 0 ALBERT T HURST JR REGIONAL DIRECTOR 208168 0 53758 0 306816 6419 563344 0 11948 0 1144034 6419 0 0 WILLIAM KELTNER REGIONAL DIRECTOR 277203 0 66033 0 417399 7537 695144 0 11948 0 1467727 7537 0 0 JERALD J LYPHOUT DIRECTOR 0 194615 0 26500 8510 6853 0 326625 0 10919 8510 565512 0 0 WILLIAM KENNY MASSEY PRESIDENT 962629 0 229625 0 40596 0 2145677 0 10919 0 3389446 0 0 0 DENIS PATRICK PRIOR NATIONAL SECRETARY 393097 0 96938 0 25413 0 827834 0 8551 0 1351833 0 0 0 LARRY LYN SCHREIBER FORMER CHIEF RISK OFFICER 266577 0 103367 0 1505832 0 0 0 6071 0 1881847 0 1158222 0 MICHAEL SCOTT ANDREWS CHIEF ACTUARY 246790 0 49001 0 3378 0 586813 0 10919 0 896901 0 0 0 PATRICK JAMES BARNES MARKETING OFFICER 310180 0 61740 0 4544 0 913984 0 6662 0 1297110 0 0 0 MICHAEL EDWARD DAU TREASURER 357336 0 70600 0 5805 0 660079 0 9712 0 1103532 0 0 0 DANIEL G DEPUYDT HUMAN RESOURCES DIRECTOR 229851 0 37325 0 1404 0 96761 0 8551 0 373892 0 0 0 MELVIN L RAMBO CHIEF RISK OFFICER 172158 0 18640 0 1298 0 79177 0 8551 0 279824 0 0 0 PATRICK OMAR SAUNDERS ASSISTANT NATIONAL SECRETARY 211158 0 42400 0 957 0 577209 0 8551 0 840275 0 0 0 JILL LAIN WEAVER FRATERNAL DIRECTOR 148759 0 15925 0 664 0 249146 0 5262 0 419756 0 0 0 GEORGE RAYMOND WORLEY AGENCY OFFICER 299698 0 60085 0 4840 0 882342 0 8551 0 1255516 0 0 0 TODD DAVID SWANSON CONTROLLER 179042 0 26843 0 239 0 88437 0 10919 0 305480 0 0 0 KELLY G HERRING REGIONAL DIRECTOR 103401 0 36479 0 307787 24566 306866 0 15415 0 769948 24566 0 0 KENNY D JACKSON REGIONAL DIRECTOR 130583 0 37106 0 352416 11039 440118 0 15415 0 975638 11039 0 0 DANIEL L LAWRENCE REGIONAL DIRECTOR 177634 0 45108 0 342777 35861 508437 0 7133 0 1081089 35861 0 0 SAMUEL G SAIED FINANCIAL REP 0 0 63960 0 391772 36023 414720 0 11948 0 882400 36023 0 0 JOSEPH A SZTAPKA REGIONAL DIRECTOR 185216 0 56530 0 373360 17104 439684 0 15415 0 1070205 17104 0 0 NICK COIN FORMER TREASURER 0 0 0 0 182090 0 0 0 6750 0 188840 0 182090 0 GERALD ODEAN FORMER NATIONAL SECRETARY 0 0 0 0 258722 0 0 0 6750 0 265472 0 0 0 PART I, LINE 1A PART I, LINE IA: MODERN WOODMEN OF AMERICA PROVIDES THE FOLLOWING TO INDIVIDUALS REPORTED IN PART VII, SECTION A, LINE IA: FIRST-CLASS OR CHARTER TRAVEL: IN TAX YEAR 2014, THE FOLLOWING TYPE OF LISTED INDIVIDUAL REPORTED IN PART VII RECEIVED THE FIRST-CLASS OR CHARTER TRAVEL BENEFIT: 1 OFFICER. TRAVEL FOR COMPANIONS: IN TAX YEAR 2014, THE FOLLOWING TYPES OF LISTED INDIVIDUALS REPORTED IN PART VII RECEIVED THE TRAVEL FOR COMPANIONS BENEFIT: 8 OFFICERS, 1 KEY EMPLOYEE, AND 5 HIGHEST COMPENSATED EMPLOYEES. THE DOLLAR AMOUNT OF THE BENEFIT IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990 PART VII, AND SCHEDULE J PART, II. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: IN TAX YEAR 2014, THE FOLLOWING TYPES OF INDIVIDUALS REPORTED IN PART VII RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: 8 OFFICERS, 2 DIRECTORS, AND 5 HIGHEST COMPENSATED EMPLOYEES. THE DOLLAR AMOUNT OF THE BENEFIT IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990 PART VII, AND SCHEDULE J, PART II. HEALTH OR SOCIAL CLUB DUES: IN TAX YEAR 2014, THE FOLLOWING TYPES OF INDIVIDUALS REPORTED IN PART VII RECEIVED HEALTH OR SOCIAL DUES: 4 OFFICERS. THE DOLLAR AMOUNT OF THE BENEFIT IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990 PART VII, AND SCHEDULE J, PART II. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN IN 2014 SPONSORED BY MODERN WOODMEN OF AMERICA: MICHAEL SCOTT ANDREWS - $669, PATRICK JAMES BARNES - $3,108, DARCY ANN CALLAS - $9,287, MICHAEL EDWARD DAU - $4,522, KELLY G. HERRING - $5,899, ALBERT T. HURST, JR. - $10,038, KENNY D. JACKSON - $7,146, WILLIAM KELTNER - $14,925, DANIEL L. LAWRENCE - $8,500, WILLIAM KENNY MASSEY - $25,846, DENIS P PRIOR - $6,409, SAMUEL G SAIED - $4,184, JOSEPH A. SZTAPKA - $11,174, AND GEORGE RAYMOND WORLEY - $2,814. THE DOLLAR AMOUNT REPRESENTS THE CURRENT YEAR CONTRIBUTION MADE BY MODERN WOODMEN OF AMERICA ON BEHALF OF THE INDIVIDUAL TO THE PLAN IN 2014. THIS INFORMATION IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990, PART VII AND SCHEDULE J, PART II. THE INCREASE OR DECREASE IN ACTUARIAL VALUE RELATED TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE INDIVIDUALS LISTED ABOVE IS INCLUDED IN DEFERRED COMPENSATION ON THE FORM 990, PART VII AND SCHEDULE J, PART II. THE INCREASE IN ACTUARIAL VALUE RELATED TO THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR LARRY LYN SCHREIBER IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990, PART VII AND SCHEDULE J, PART II. VESTING RULES FOR NONQUALIFIED PLAN SUPPLEMENTAL BENEFITS DUE TO LIMITATIONS UNDER THE DEFINED BENEFIT PLAN BECOME AVAILABLE TO EMPLOYEES WHEN THEY ARE ELIGIBLE FOR EARLY OR NORMAL BENEFITS UNDER THE EMPLOYEE'S RETIREMENT PLAN. EMPLOYEES MUST BE AT LEAST AGE 55 WITH 10 YEARS OF ACTIVE SERVICE OR AGE 65 WITH 5 YEARS OF ACTIVE SERVICE. THESE SUPPLEMENTAL BENEFITS BECOME 20% VESTED AFTER TWO YEARS OF ACTIVE SERVICE AND GRADUALLY INCREASE TO 100% VESTED AFTER 6 YEARS OF ACTIVE SERVICE. THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN IN 2014 SPONSORED BY MODERN WOODMEN OF AMERICA: NICK COIN - $182,090 AND GERALD ODEAN - $258,722. THE DOLLAR AMOUNT REPRESENTS THE CURRENT YEAR DISTRIBUTION TO THE INDIVIDUAL BY THE PLAN IN 2014. THIS INFORMATION IS INCLUDED IN REPORTABLE COMPENSATION ON THE FORM 990, PART VII AND SCHEDULE J, PART II. MWA BANK SEE BELOW IN PART V 3298657 REIMBURSEMENT OF EXPENSES 0 MWA BANK SEE BELOW IN PART V 92943 SERVICE FEES 0 MWA BANK SEE BELOW IN PART V 194087 RECEIPT OF RENT 0 MWA FINANCIAL SERVICES SEE BELOW IN PART V 1100000 CAPITAL CONTRIBUTION 0 MWA FINANCIAL SERVICES SEE BELOW IN PART V 1923780 REIMBURSEMENT OF EXPENSES 0 MWA FINANCIAL SERVICES SEE BELOW IN PART V 92370 RECEIPT OF RENT 0 MWAGIA SEE BELOW IN PART V 482822 REIMBURSEMENT OF EXPENSES 0 MWAGIA SEE BELOW IN PART V 11790 RECEIPT OF RENT 0 FORM 990, SCHEDULE L, PART IV, COLUMN B: DESCRIPTION OF RELATIONSHIP - MWA BANK:WILLIAM KENNY MASSEY IS AN OFFICER AND DAVID B. EMRICK IS A DIRECTOR OF MODERN WOODMEN OF AMERICA AND ARE REPORTED ON THE FORM 990, PART VII. DURING THE TAX YEAR, WILLIAM KENNY MASSEY WAS AN OFFICER AND DAVID B. EMRICK WAS A DIRECTOR OF MWA BANK. FORM 990, SCHEDULE L, PART IV, COLUMN B: DESCRIPTION OF RELATIONSHIP - MWA FINANCIAL SERVICES:DARCY ANN CALLAS, MICHAEL EDWARD DAU, WILLIAM KENNY MASSEY, DENIS PATRICK PRIOR, AND LARRY LYN SCHREIBER ARE OFFICERS, JERRY J. LYPHOUT IS A DIRECTOR, AND TODD DAVID SWANSON IS A KEY EMPLOYEE OF MODERN WOODMEN OF AMERICA AND ARE REPORTED ON THE FORM 990, PART VII. DURING THE TAX YEAR, JERRY J. LYPHOUT, DENIS PATRICK PRIOR, AND TODD DAVID SWANSON WERE OFFICERS AND DARCY ANN CALLAS, MICHAEL EDWARD DAU, WILLIAM KENNY MASSEY, AND LARRY LYN SCHREIBER WERE DIRECTORS OF MWA FINANCIAL SERVICES. FORM 990, SCHEDULE L, PART IV, COLUMN B: DESCRIPTION OF RELATIONSHIP - MWAGIA:DARCY ANN CALLAS, MICHAEL EDWARD DAU, WILLIAM KENNY MASSEY, DENIS PATRICK PRIOR, AND LARRY LYN SCHREIBER ARE OFFICERS AND JERRY J. LYPHOUT IS A DIRECTOR OF MODERN WOODMEN OF AMERICA AND ARE REPORTED ON THE FORM 990, PART VII. DURING THE TAX YEAR, WILLIAM KENNY MASSEY AND DENIS PATRICK PRIOR WERE OFFICERS AND DARCY ANN CALLAS, MICHAEL EDWARD DAU, JERRY J LYPHOUT, AND LARRY LYN SCHREIBER WERE DIRECTORS OF MWAGIA. FORM 990, PART VI, SECTION A, LINE 6 THE SOCIETY IS ORGANIZED AS A FRATERNAL BENEFIT SOCIETY WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE SOCIETY HAS A REPRESENTATIVE FORM OF GOVERNMENT. AN ASSEMBLY OF BENEFICIAL MEMBER DELEGATES ELECTED VIA INTERMEDIATE ASSEMBLIES WAS CONVENED IN 2014 AND ELECTED THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS PROVIDED TO THE GOVERNING BODY FOR FINAL REVIEW AFTER PREPARATION BY THE ACCOUNTING STAFF AND REVIEW BY THE CONTROLLER WITH THE ASSISTANCE OF AN EXTERNAL ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST, ETHICS AND EXTERNAL AUDITOR QUESTIONNAIRES ARE SENT OUT EVERY JANUARY TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES. THESE ARE RETURNED TO THE PRESIDENT FOR REVIEW. THIS INFORMATION, INCLUDING THE PRESIDENT'S INFORMATION, IS REVIEWED AT THE ANNUAL BOARD OF DIRECTORS MEETING EACH FEBURARY. EACH EMPLOYEE IS ASKED TO PERIODICALLY ACKNOWLEDGE THEIR UNDERSTANDING OF MODERN WOODMEN OF AMERICA'S PRINCIPLES OF CONDUCT. FORM 990, PART VI, SECTION B, LINE 15 REVIEW AND APPROVAL OF COMPENSATION FOR THE PRESIDENT IS DETERMINED ANNUALLY BASED ON A RECOMMENDATION OF THE BOARD'S COMPENSATION COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW INCLUDES INDUSTRY PEER GROUP SURVEY DATA FACTORED FOR RELATIVE ASSETS MANAGED, BENCHMARKING THE MEDIAN BASE PAY AS THE MIDPOINT OF THE RANGE RECOMMENDED. TOTAL COMPENSATION TARGETS INCLUDE VARIABLE BONUS PAY, PERQUISITES, AND THE COMPREHENSIVE BENEFITS PROGRAM AVAILABLE TO ALL MODERN WOODMEN OF AMERICA EMPLOYEES. THE BOARD MAY ENGAGE EXTERNAL CONSULTANT RESOURCES TO CONDUCT THE REVIEW AND FORMULATE RECOMMENDATIONS TO THE COMPENSATION COMMITTEE WHEN DEEMED NECESSARY. REVIEW AND APPROVAL OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OTHER THAN THE PRESIDENT IS CONDUCTED ANNUALLY BY MANAGEMENT, REVIEWED BY THE COMPENSATION COMMITTEE, AND APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW INCLUDES THE EVALUATION OF INDUSTRY PEER GROUP SURVEY DATA FACTORED FOR THE RELATIVE ASSETS MANAGED, BASED ON THE MEDIAN AS THE MIDPOINT OF A PAY RANGE RECOMMENDED FOR EACH POSITION. THE REVIEW MAY ENTAIL THE USE OF AN OUTSIDE COMPENSATION CONSULTANT. TOTAL COMPENSATION TARGETS INCLUDE BASE PAY, VARIABLE COMPENSATION PROGRAMS, AND THE COMPREHENSIVE BENEFITS PROGRAM AVAILABLE TO ALL MODERN WOODMEN OF AMERICA EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE. CERTAIN INFORMATION IS AVAILABLE THROUGH THE DEPARTMENT OF INSURANCE, ON OUR WEBSITE, AND IN OUR MEMBER PUBLICATION. FORM 990, PART XI, LINE 9: CHANGE IN NONADMITTED ASSETS 12,408,422. CHANGE IN ASSET VALUATION RESERVE -40,828,293. FRATERNAL BENEFIT RESERVE CHANGE 103,380. CHANGE IN PENSION PLAN LIABILITY FOR BENEFITS -80,227,000. CHANGE IN POSTRETIREMENT PENSION PLAN LIABILITY FOR BENEFITS -2,425,000. CHANGE IN PREPAID PENSION PLAN COSTS -21,007,086. CHANGE IN POSTRETIREMENT MEDICAL BENEFITS FOR EMPLOYEES & FIELDWORKERS -2,174,477. CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE 6,475,000. FORM 990, PART XII, LINE 1: THE FINANCIAL STATEMENTS AND TAX RETURN ARE PREPARED ON THE BASIS OF ACCOUNTING PRACTICES PRESCRIBED OR PERMITTED BY THE ILLINOIS DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION - DIVISION OF INSURANCE (STATUTORY ACCOUNTING PRACTICES). HUDSON CLEAN ENERGY PARTNERS 400 FRANK BURR BOULEVARD STE 37 TEANECK NJ 07666 263202466 INVESTING CJ MODERN WOODMEN OF AMERICA EXCLUDED 6770294 0 0 0.89700 OFI GLOBAL SMALL CAP GROWTH FUND LLC 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112 680577323 INVESTING DE MODERN WOODMEN OF AMERICA EXCLUDED 3245994 34302081 0 0 0.99990 MWA BANK 1701 FIRST AVENUE ROCK ISLAND IL 61201 352189783 FEDERAL SAVINGS BANK IL MODERN WOODMEN OF AMERICA C 10251798 256815077 1.00000 1 MWA FINANCIAL SERVICES INC 1701 FIRST AVENUE ROCK ISLAND IL 61201 364420471 BROKER/DEALER IL MODERN WOODMEN OF AMERICA C 11865450 2112297 1.00000 1 MWAGIA 1701 FIRST AVENUE ROCK ISLAND IL 61201 371414457 GENERAL INSURANCE AGENCY IL MWA FINANCIAL SERVICES INC C 2202009 305007 1.00000 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 MWA BANK P 3298657 FAIR MARKET VALUE MWA FINANCIAL SERVICES INC P 1923780 FAIR MARKET VALUE MWA FINANCIAL SERVICES INC B 1100000 FAIR MARKET VALUE MWAGIA P 482822 FAIR MARKET VALUE HUDSON CLEAN ENERGY PARTNERS B 319182 FAIR MARKET VALUE OFI GLOBAL SMALL CAP GROWTH FUND LLC S 207755 FAIR MARKET VALUE MWA BANK A 194087 FAIR MARKET VALUE HUDSON CLEAN ENERGY PARTNERS S 187157 FAIR MARKET VALUE MWA BANK M 92943 FAIR MARKET VALUE MWA FINANCIAL SERVICES INC A 92370 FAIR MARKET VALUE MWAGIA A 11790 FAIR MARKET VALUE