NonprofitsBetterlife

Betterlife

MADISON, WI

Total revenue

$63.5M

Total expenses

$69.2M

Net assets

$60.2M

Grants received

EIN

420594470

Tax year

2024

Mission

Fraternal Benefit Society - As a fraternal benefit insurance society, our mission is to help our members protect their families' financial futures, build better lives, and better their communities.

Programs

1 program

INSURANCE ACTIVITIES: The primary purpose of the insurance activities of BetterLife is to accomplish the tax-exempt purpose of the fraternal benefit society rather than to produce income. Number of members: 55,187

Expenses: $67.1M

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$63.5M
Investment income
Other revenue
Total revenue$63.5M

Expenses

Grants paid
Salaries & benefits$8.5M
Fundraising
Other expenses$24.8M
Total expenses$69.2M
Total assets$586.6M
Net assets$60.2M

People

28 listed

NameRoleCompensation

Christopher Campbell

Board Chair/CEO/President

Board

$556K

40 hrs/wk

Matthew P Mikulcik

Chief Operating Officer

Board

$301K

40 hrs/wk

Derek J Metcalf

CFO

Board

$271K

40 hrs/wk

Angel L Thomas

SVP-Member Experience

Board

$211K

40 hrs/wk

Jenna M Dunker

SVP-Strategic Initiatives/Corporate Secretary

Board

$194K

40 hrs/wk

Donald M Nieland

SVP-IT/Secretary

Board

$174K

40 hrs/wk

David J Schlesser

VP-National Sales

Board

$156K

40 hrs/wk

Kaye R DeMartino

VP-Talent Management

Board

$147K

40 hrs/wk

Michelle M Maffet

VP-Member Services

Board

$139K

40 hrs/wk

John T McHugh Jr

Independent Director

Board

$57K

6 hrs/wk

Maria Ferrante-Schepis

Independent Director

Board

$43K

4 hrs/wk

Michael S Hosek

Independent Director

Board

$43K

4 hrs/wk

Duane J Jirik

Independent Director

Board

$43K

4 hrs/wk

Daniel L Shinnick

Independent Director

Board

$43K

4 hrs/wk

Brenda L Stone Sullivan

Independent Director

Board

$43K

4 hrs/wk

Nancy Nelson Heykes

Independent Director

Board

$43K

4 hrs/wk

Mary K Bradley

Independent Director

Board

$43K

4 hrs/wk

Dudley J Simmons

Chief Distribution Officer

Board

$34K

40 hrs/wk

Craig A Van Dyke

Former Officer and Director

Staff

$228K

0

Rebecca K Lureen

Manager-Independent Sales

Staff

$205K

40 hrs/wk

William J Rutten

External Wholesaler/Senior Sales Director

Staff

$180K

40 hrs/wk

Sean M Dailey

Senior Director-Actuarial Pricing and Product Design

Staff

$143K

40 hrs/wk

Mary F Hale

Director-Member Sales

Staff

$121K

40 hrs/wk

Phyllis A Heleniak

VP-Direct to Consumer

Staff

$119K

40 hrs/wk

George F Yanna

Former Director

Staff

$63K

0

Maureen O'Hern Hahn

Former Director

Staff

$43K

0

Thomas R Johnson

Former Director

Staff

$40K

0

John E Rashke

Former Director

Staff

$35K

0

Independent contractors

Asset Allocation & Management Inc

Investment Managers

$546K

Paulsen Agency

Marketing Consultants

$493K

MVP Advisory Group LLC

Technology Consultants

$462K

Griffith Ballard & Company

Actuarial Consultants

$326K

Ipipeline Inc

Technology Vendor

$266K

Details

EIN420594470
Subsection08
Ruling date1940-09
Formed1897
Employees88
Volunteers28677
BETTERLIFE — Mission, Financials & Grants Received | Grantivo