Woodmen of the World Life Insurance Society
501(c)(8) Donations tax-deductible
Strong reserves Growing revenue
Woodmen of the World Life Insurance Society is a 501(c)(8) organization based in Omaha, Nebraska, registered in 1941, with $1,219,699,623 in FY2024 revenue.
1700 Farnam Street, Omaha, NE, 68102 EIN 47-0339250 Since 1941
Revenue (FY2024)
$1.2B
▲ 6.9% vs prior year
Expenses (FY2024)
$1.1B
Net assets
$1.8B
Employees
872
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Capped at A — the top grade requires the fuller disclosure of a complete Form 990.
How the rating works →—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 Woodmen of the World Life Insurance Society— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating20 mo reserves · +11% 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 Woodmen of the World Life Insurance Society: 20 mo reserves · +11% 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 Woodmen of the World Life Insurance Society: 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 Woodmen of the World Life Insurance Society: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Uniting hardworking americans to secure their financial future while strengthening our communities and country.
What they do
Patriotic program: woodmenlife's patriotic program was launched more than 75 years ago in support of the organization's common bond focus on our country. since 1947, the organization has donated more than 4 million flags to nonprofit organizations, schools and communities. woodmenlife is the second largest purchaser of american flags behind the united states government. as part of the patriotic program, chapters are encouraged to plan and participate in flags across america projects on june 14 and in honor and remembrance ceremonies on september 11. they also plan community service projects for veterans day, memorial day, and independence day. in addition, woodmenlife has partnered with the gary sinise foundation to further support their mission of honoring our defenders, veterans, first responders, their families, and those in need.
Fighting hunger - woodmenlife made fighting hunger its national community focus in 2015. this focus unites members of the woodmenlife family, as well as our sales representatives and home office associates. hunger-fighting efforts include community food drives, backpack stuffing events, sorting donations at local food banks, serving meals at community kitchens, and holding cooking fundraisers. woodmenlife also supports this effort through its corporate giving. through 2024, woodmenlife and its members had collected 1.6 million pounds of food and donated 3.8 million dollars.
Contact & location
Financial trends
Revenue grew from $1.2B (FY2013) to $1.2B (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9.5BNet assets $1.8B
Operating margin
10.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$11.3B
Total liabilities
$9.5B
Net assets
$1.8B
Salaries & benefits
$92.8M
9% of expenses
Board members
14
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,219,699,623▲6.9% | $1,089,401,435▼3.4% | $1,789,553,417▲6.4% | $11,300,235,603▲0.3% | 990 |
| 2023 | $1,140,824,698▲13.5% | $1,128,220,493▲12.9% | $1,681,846,458▲0.4% | $11,268,038,180▲1.9% | 990 |
| 2022 | $1,005,480,725▼1.5% | $999,313,713▲5.0% | $1,674,845,573▼2.9% | $11,059,800,916▼3.5% | 990 |
| 2021 | $1,020,619,814▲0.8% | $952,039,406▼4.8% | $1,725,043,108▲6.8% | $11,463,649,522▲2.1% | 990 |
| 2020 | $1,012,291,214▼19.4% | $999,853,452▼12.7% | $1,614,588,731▲3.1% | $11,227,563,368▲1.1% | 990 |
| 2019 | $1,255,872,705▲19.6% | $1,145,822,975▲18.8% | $1,565,506,239▲9.3% | $11,101,466,158▲1.4% | 990 |
| 2018 | $1,049,679,093▲4.3% | $964,452,035▲2.1% | $1,432,173,274▲2.8% | $10,949,510,724▼0.2% | 990 |
| 2017 | $1,006,286,323▼15.7% | $944,531,489▼8.7% | $1,393,537,660▲9.7% | $10,975,459,340▲1.2% | 990 |
| 2016 | $1,193,338,570▼7.2% | $1,034,093,266▼13.0% | $1,270,235,760▲8.3% | $10,846,690,315▲1.6% | 990 |
| 2015 | $1,285,739,046▲4.6% | $1,189,018,673▲3.0% | $1,173,289,956▲7.0% | $10,676,069,157▲2.3% | 990 |
| 2014 | $1,229,151,613▲3.2% | $1,154,548,483▲2.2% | $1,096,904,471▲3.3% | $10,439,989,588▲3.7% | 990 |
| 2013 | $1,191,572,537 | $1,129,423,355▼9.6% | $1,062,037,707▲23.2% | $10,067,532,555▲5.8% | 990 |
| 2012 | — | $1,249,893,298▲6.4% | $862,231,641▲7.2% | $9,517,523,595▲1.9% | 990 |
| 2011 | — | $1,175,154,432▼0.3% | $804,509,864▼10.6% | $9,340,696,830▲9.0% | 990 |
| 2010 | — | $1,178,349,979 | $899,503,159 | $8,570,567,800 | 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: Denise M Mccauley — $1,690,814 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Denise M Mccauley | President & | 50 | $1,690,814 |
| Patrick L Dees | Bod, Frmr Pr | 20 | $1,164,889 |
| Jon Aerni | Exec Vp, Cfo | 50 | $915,938 |
| Stephen K Mcmahan | Exec Vp Chie | 50 | $894,454 |
| Cynthia S Bengtson | Exec Vp, Chi | 50 | $822,174 |
| Wilbur Jenkins | Exec Vp, Chi | 50 | $579,268 |
| Spencer T Owen | Regional Dir | 50 | $509,267 |
| Raymond G Smolinski | Pres, Corp S | 50 | $493,695 |
| Lynn Espeland | Svp Gen Coun | 50 | $475,579 |
| Jacob Day | Vp, Chief In | 50 | $443,517 |
| Charles R Driffill | Sr Vp, Sales | 50 | $414,555 |
| Ken Knaub | Svp Chief In | 50 | $387,589 |
| Blake Warneke | Vp Actuary & | 50 | $370,399 |
| Lee A Janecek | Vp, Core Ops | 50 | $365,725 |
| Ronnie Lear | Regional Dir | 50 | $356,394 |
| Gregory Robertson | Regional Dir | 50 | $349,607 |
| Annette M Devine | Vp, Chief Ac | 50 | $339,115 |
| James Gilbert | Regional Dir | 50 | $335,423 |
| Jeremy Carroll | Vp, Sales | 50 | $324,406 |
| John Sharp | Dep Gen Coun | 50 | $303,105 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Lidp Consulting Services Inc | Sftwr Develop. | $6,013,618 |
| Basis Global Technologies Inc | Advertising Svs | $3,137,934 |
| Aoi Corporation | Design/const | $2,060,902 |
| Content Critical Solutions Inc | Printing/mail | $1,446,729 |
| Microsoft Corporation | Software | $1,394,132 |
Grants made · $568K in FY2024
24 grants totaling $568K in FY2024 — showing the 15 largest. All grants made by Woodmen of the World Life Insurance Society →
| Recipient | Purpose | Amount |
|---|---|---|
| Foodbank For the Heartland | General support | $178,329 |
| Gary Sinise Foundation | General support | $100,000 |
| United Way of the Midlands | General support | $44,200 |
| Casa De La Cultura | General support | $25,000 |
| Omaha Parks Foundation Inc | General support | $25,000 |
| Nebraska Chamber of Commerce & Industry | General support | $22,500 |
| Boys and Girls Club of America | General support | $20,100 |
| American Heart Association Inc | General support | $18,915 |
| Habitat For Humanity International Inc | General support | $16,000 |
| Crescent Food Pantry Inc | General support | $15,775 |
| Saving Grace Perishable Food Rescue Inc | General support | $15,000 |
| Nebraska Chamber of Commerce & Industry | General support | $10,000 |
| Aging With Spirit Foundation | General support | $8,750 |
| Offutt Advisory Council | General support | $8,500 |
| Greater Omaha Chamber of Commerce | General support | $8,500 |
Frequently asked questions
- Is Woodmen of the World Life Insurance Society a legitimate nonprofit?
- Yes. Woodmen of the World Life Insurance Society is a 501(c)(8) organization registered with the U.S. Internal Revenue Service under EIN 47-0339250, based in Omaha, Nebraska. Donations are tax-deductible.
- What is Woodmen of the World Life Insurance Society's EIN?
- Woodmen of the World Life Insurance Society's Employer Identification Number (EIN) is 47-0339250.
- How much revenue does Woodmen of the World Life Insurance Society report?
- Woodmen of the World Life Insurance Society reported $1,219,699,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Woodmen of the World Life Insurance Society's highest-paid employee make?
- The highest reported compensation on Woodmen of the World Life Insurance Society's latest Form 990 is $1,690,814, paid to Denise M Mccauley (President &).
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Data for Woodmen of the World Life Insurance Society (EIN 47-0339250) 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.