Everence Association Inc
501(c)(8)
Strong reserves Growing revenue
Everence Association Inc is a 501(c)(8) organization based in Goshen, Indiana, registered in 1967, with $85,140,437 in FY2023 revenue.
1110 N Main St, Goshen, IN, 46528 EIN 35-6059333 Since 1967
Revenue (FY2023)
$85.1M
▲ 11.0% vs prior year
Expenses (FY2023)
$93.4M
Net assets
$102.4M
Employees
43
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Everence Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating13 mo reserves · -10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Everence Association Inc: 13 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Everence Association Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Everence Association Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Everence association inc helps people and groups integrate their finances with their faith values through its insurance and financial services.
What they do
We continue to enhance current fraternal grant programs and their usage in the constituency. in 2023, 1,687 grants were provided. we continue building a support system of training, providing resources for, and engaging active advocates (volunteers). there were 1,106 advocates serving in 2023. continued below.
We work to encourage stewardship in the everence association inc constituency. stewardship education includes stewardship university, speakers for workshops and retreats, and educational resources. in 2023, there were 590 churches using educational materials or seminars.
Contact & location
Financial trends
Revenue declined from $88.6M (FY2013) to $85.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $279.3MNet assets $102.4M
Operating margin
-9.7%
Spent more than it raised in the latest fiscal year.
Total assets
$381.7M
Total liabilities
$279.3M
Net assets
$102.4M
Salaries & benefits
$8.6M
9% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $85,140,437▲11.0% | $93,370,988▲17.9% | $102,387,049▼5.9% | $381,699,549▼2.6% | 990 |
| 2022 | $76,719,666▲10.9% | $79,226,539▲13.6% | $108,830,063▼5.2% | $392,025,152▼3.8% | 990 |
| 2021 | $69,175,767▼0.1% | $69,742,232▲5.4% | $114,756,327▲1.0% | $407,395,698▼2.4% | 990 |
| 2020 | $69,272,675▼8.2% | $66,182,935▼12.4% | $113,606,955▲1.3% | $417,280,423▼1.8% | 990 |
| 2019 | $75,489,805▼1.5% | $75,591,660▲1.8% | $112,112,759▲0.7% | $424,982,722▼1.7% | 990 |
| 2018 | $76,637,582▲2.2% | $74,271,345▲6.4% | $111,360,020▼1.3% | $432,307,404▼1.6% | 990 |
| 2017 | $74,954,608▼13.6% | $69,802,318▼15.0% | $112,837,192▲4.4% | $439,375,324▲0.1% | 990 |
| 2016 | $86,731,202▲7.5% | $82,130,006▲11.4% | $108,069,729▲5.3% | $439,075,828▲3.7% | 990 |
| 2015 | $80,702,888▲9.5% | $73,757,641▲8.9% | $102,622,224▲10.0% | $423,410,577▲3.2% | 990 |
| 2014 | $73,729,539▼16.8% | $67,744,381▼15.8% | $93,333,471▲5.8% | $410,152,546▲1.0% | 990 |
| 2013 | $88,630,648 | $80,478,950▼8.3% | $88,179,076▲10.8% | $406,191,138▲2.3% | 990 |
| 2012 | — | $87,719,720▲7.4% | $79,561,936▲2.9% | $396,884,752▲3.1% | 990 |
| 2011 | — | $81,684,544 | $77,342,779 | $384,977,592 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Aaron Shenk | Assistant Treasurer (start 02/23) | 10 | — |
| Amanda Rock | Financial Consultant | 40 | — |
| Brian Kubicki | Secretary | 10 | — |
| Brian Miller | Assistant Vice President | 10 | — |
| Chad Horning | Assistant Treasurer | 10 | — |
| Craig Foor | Financial Consultant | 40 | — |
| D J Mcfadden | Director | 1 | — |
| Donna Voth | Director | 1 | — |
| Emerson Lesher | Director | 1 | — |
| Fredrick Gingerich | Treasurer | 10 | — |
| Glen Kauffman | Financial Consultant | 40 | — |
| Jaime Rodriguez | Director | 1 | — |
| James Miller | Director | 1 | — |
| Jay Kready | Financial Consultant | 40 | — |
| Jeffrey Godshall | Financial Consultant | 40 | — |
| Jessica Yoder | Director | 1 | — |
| John Martin | Assistant Treasurer | 10 | — |
| Katelyn Leichty | Director | 1 | — |
| Katherine Glick Miller | Assistant Secretary | 10 | — |
| Kenneth D Hochstetler | President | 10 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lancaster General Hospital | Health Services | $1,061,797 |
| Goshen Hospital Association | Health Services | $1,026,557 |
| Grand View Hospital | Health Services | $985,626 |
| Sentara Rmh Medical Center | Health Services | $553,548 |
| Elkhart General Hospital Inc | Health Services | $425,970 |
Grants made · $1.2M in FY2023
8 grants totaling $1.2M in FY2023. All grants made by Everence Association Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Mma Distribution Inc | Grants & sponsorship | $804,569 |
| Mennonite Church USA | Grants & sponsorship | $253,952 |
| Everence Trust Company | Grants & sponsorship | $120,000 |
| Mennonite World Conference | Grants & sponsorship | $22,000 |
| Crossnet Ministries | Grants & sponsorship | $10,627 |
| Lancaster Mennonite School | Grants & sponsorship | $10,000 |
| Mennonite Mission Network | Grants & sponsorship | $7,500 |
| Greencroft Foundation | Grants & sponsorship | $6,700 |
Frequently asked questions
- Is Everence Association Inc a legitimate nonprofit?
- Yes. Everence Association Inc is a 501(c)(8) organization registered with the U.S. Internal Revenue Service under EIN 35-6059333, based in Goshen, Indiana.
- What is Everence Association Inc's EIN?
- Everence Association Inc's Employer Identification Number (EIN) is 35-6059333.
- How much revenue does Everence Association Inc report?
- Everence Association Inc reported $85,140,437 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much does Everence Association Inc's highest-paid employee make?
- The highest reported compensation on Everence Association Inc's latest Form 990 is $0, paid to Aaron Shenk (Assistant Treasurer (start 02/23)).
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Explore more
Data for Everence Association Inc (EIN 35-6059333) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.