Gbu Financial Life
501(c)(8) Donations tax-deductible
100% goes to programs $0 to raise $100 Growing revenue
Gbu Financial Life is a 501(c)(8) organization based in Pittsburgh, Pennsylvania, registered in 1940, with $1,006,212,483 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
4254 Saw Mill Run Blvd, Pittsburgh, PA, 15227 EIN 25-0502660 Since 1940
Revenue (FY2024)
$1.0B
▲ 11.3% vs prior year
Expenses (FY2024)
$990.8M
Net assets
$314.4M
Employees
128
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating100% to programs · $0 to raise $100
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. For Gbu Financial Life: 100% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +2% 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 Gbu Financial Life: 4 mo reserves · +2% margin earns a A 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 Gbu Financial Life: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Gbu Financial Life: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Life insurance, annuities, fraternal activities and other benefits to members of the society.
Contact & location
- Address
- 4254 Saw Mill Run Blvd, Pittsburgh, PA, 15227
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $299.9M (FY2013) to $1.0B (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.4BNet assets $314.4M
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7B
Total liabilities
$4.4B
Net assets
$314.4M
Salaries & benefits
$17.6M
2% of expenses
Board members
8
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,006,212,483▲11.3% | $990,802,924▲11.9% | $314,431,365▲4.0% | $4,729,123,178▲6.8% | 990 |
| 2023 | $903,733,186▲17.8% | $885,296,050▲20.4% | $302,304,489▲4.7% | $4,426,033,902▲5.3% | 990 |
| 2022 | $767,394,993▲18.5% | $735,103,377▲18.4% | $288,764,824▲8.5% | $4,204,767,754▲11.2% | 990 |
| 2021 | $647,407,741▲4.8% | $621,002,178▲3.8% | $266,111,598▲7.2% | $3,781,723,351▲10.1% | 990 |
| 2020 | $617,690,475▼0.4% | $598,531,090▲1.5% | $248,145,684▲8.0% | $3,433,633,566▲11.1% | 990 |
| 2019 | $620,138,802▲9.4% | $589,557,885▲9.7% | $229,678,034▲13.1% | $3,089,848,154▲12.2% | 990 |
| 2018 | $566,952,485▲32.1% | $537,573,377▲35.6% | $202,997,117▲10.5% | $2,754,646,706▲12.1% | 990 |
| 2017 | $429,100,284▲21.3% | $396,541,165▲21.2% | $183,634,248▲41.6% | $2,456,867,854▲31.2% | 990 |
| 2015 | $353,847,390▲15.1% | $327,199,180▲15.9% | $129,686,843▲23.1% | $1,872,364,567▲14.8% | 990 |
| 2014 | $307,301,228▲2.5% | $282,203,795▲0.9% | $105,338,132▲30.0% | $1,630,593,394▲15.5% | 990 |
| 2013 | $299,921,705 | $279,667,533▼1.6% | $81,050,539▲30.4% | $1,411,610,965▲19.1% | 990 |
| 2012 | — | $284,292,344▲22.7% | $62,150,527▲35.9% | $1,185,619,386▲24.3% | 990 |
| 2011 | — | $231,666,452▲8.7% | $45,727,031▲29.0% | $954,135,853▲25.5% | 990 |
| 2010 | — | $213,164,355 | $35,453,233 | $760,141,992 | 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 (FY2024)
Highest-paid: William W Hunt — $965,684 (0.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William W Hunt | Ceo / President | 40 | $965,684 |
| Lesley Mann | Evp / Chief Marketing Officer | 40 | $566,450 |
| Mark Cloutier | Evp / Chief Financial Officer | 40 | $508,870 |
| Deborah L Morgan | Svp / Administration | 40 | $342,038 |
| Douglas A Ulrich | Controller | 40 | $255,715 |
| Kyle Fulton | Avp / It | 40 | $235,945 |
| Damien Feiklowicz | Avp / Business Intelligence | 40 | $227,692 |
| Kirk Dietrich | National Sales Manager | 40 | $225,143 |
| Ricardo Rodriguez | Avp / New Business & Underwriting | 40 | $223,515 |
| Antoinette L Blair | Vp / Corporate Secretary / Head of Hr & Compilance | 40 | $219,025 |
| William Lombardi | Svp / Chief Operating Officer | 40 | $211,459 |
| Frank Dileo | Avp / Investments | 40 | $209,896 |
| Lee Ann Hazi | National Director / Board Chair | 5 | $90,000 |
| David L Pringle | National Director | 2 | $75,319 |
| Christina E Mackellar | National Director | 2 | $51,055 |
| David E Bevins | National Director | 2 | $45,500 |
| Joseph S Bielecki | National Director | 2 | $42,000 |
| John B Schmotzer | National Director - Term Ended 10/31/2024 | 2 | $36,000 |
| Donna L Brophy | National Director - Term Ended 10/31/2024 | 2 | $35,658 |
| John Swanick | National Director - Term Started 11/1/2024 | 2 | $15,500 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Centurion Private Capital LLC | Professional Service | $750,416 |
| Secure Money Advisors LLC | Professional Service | $651,916 |
| Ameriserv Financial Services | Professional Service | $557,616 |
| Sirak Financial Services Agency Inc | Professional Service | $376,144 |
| Merritt Edner Agency Inc | Professional Service | $374,301 |
Grants made · $120K in FY2017
1 grant totaling $120K in FY2017. All grants made by Gbu Financial Life →
| Recipient | Purpose | Amount |
|---|---|---|
| Gbu Scholarship Foundation Inc | Contribution to be used for charitable programs and/or scholarships. | $120,000 |
Frequently asked questions
- Is Gbu Financial Life a legitimate nonprofit?
- Yes. Gbu Financial Life is a 501(c)(8) organization registered with the U.S. Internal Revenue Service under EIN 25-0502660, based in Pittsburgh, Pennsylvania. Donations are tax-deductible.
- What is Gbu Financial Life's EIN?
- Gbu Financial Life's Employer Identification Number (EIN) is 25-0502660.
- How much revenue does Gbu Financial Life report?
- Gbu Financial Life reported $1,006,212,483 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Gbu Financial Life's spending goes to programs?
- Gbu Financial Life spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gbu Financial Life have?
- CharityIndex grades Gbu Financial Life B+, based on program efficiency and fundraising cost.
- How much does Gbu Financial Life's highest-paid employee make?
- The highest reported compensation on Gbu Financial Life's latest Form 990 is $965,684, paid to William W Hunt (Ceo / President).
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Data for Gbu Financial Life (EIN 25-0502660) 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.