NonprofitsTrusted Fraternal Life

Trusted Fraternal Life

MILWAUKEE, WI

Total revenue

$162.8M

Total expenses

$158.7M

Net assets

$161.5M

Grants received

$108K

2 grants

EIN

390201015

Tax year

2024

Mission

Trusted Fraternal Life, a fraternal benefit society, facilitates consolidation within the fraternal life insurance sector while preserving the unique identities and traditions of its member organizations. It provides financial strength, technology, and additional products to its family of brands, which include Catholic Financial Life, Woman's Life, and Degree of Honor. TFL's core purpose is to serve communities, provide financial security, and enhance the quality of life for its members and their families.

Programs

1 program

Fraternal Benefits & Community Outreach: The Society exists to benefit its members and community in non-financial ways. This includes faith based education, fraternal social events and community outreach. The Society is committed to provide fraternal benefits including child cancer and orphan benefits, will preparation benefit and the coordination and support of community service. In addition to monetary contributions, over 109,775 hours of service were donated to support various Diocesan and community programs and events in 2024 valued at nearly $3.7 million.

Expenses: $1.8M

Financials

FY 2024

Revenue

Contributions & grants$2K
Program service revenue$77.4M
Investment income$72.7M
Other revenue$12.7M
Total revenue$162.8M

Expenses

Grants paid$1.1M
Salaries & benefits$14.0M
Fundraising
Other expenses$22.9M
Total expenses$158.7M
Total assets$1.9B
Net assets$161.5M

People

27 listed

NameRoleCompensation

John T Borgen

President and Chief Executive Officer

Board

$510K

45 hrs/wk

Christopher J Martin

Vice President Compliance

Board

$410K

45 hrs/wk

Kari R Diestelhorst

Chief Financial Officer

Board

$288K

45 hrs/wk

Michael C Eyrich

Vice President Distribution

Board

$264K

45 hrs/wk

Michael J Attewell

Chief Information Officer

Board

$261K

45 hrs/wk

Linda M Hanson

Vice President Actuary

Board

$241K

45 hrs/wk

Sara J Walker

Vice President Investments

Board

$221K

45 hrs/wk

Rogelio Cabral

Vice President Sales

Board

$215K

45 hrs/wk

Kristen L Mueller

Secretary and Vice President Human Resources

Board

$210K

45 hrs/wk

Amy L Bellows

Vice President Transformation

Board

$194K

45 hrs/wk

William R O'Toole

Former Chief Executive Officer

Board

$55K

0

Allan G Lorge

Director and Board Chair

Board

$50K

4 hrs/wk

William R O'Toole

Director

Board

$38K

3 hrs/wk

Michael A Giffhorn

Director

Board

$34K

3 hrs/wk

Kari L Niedfeldt-Thomas

Director

Board

$31K

3 hrs/wk

Susan M Obermiller

Director

Board

$27K

3 hrs/wk

Jeffrey B Tilley

Director

Board

$27K

3 hrs/wk

Coral M Grout

Director

Board

$25K

3 hrs/wk

Sandra T Dempsey

Director

Board

$25K

3 hrs/wk

Joseph G Kopinski

Director

Board

$25K

3 hrs/wk

Lisa A Mick

Director

Board

$24K

3 hrs/wk

James B Hunsanger III

Director

Board

$11K

3 hrs/wk

Joseph K Kohut

Director of Brokerage Operations

Staff

$230K

45 hrs/wk

Janet J Carmody

Director of Information Systems

Staff

$229K

45 hrs/wk

Peter L Duellman

Director of Actuarial and Analystics

Staff

$206K

45 hrs/wk

Julie B Langolf

Director of Office Administration

Staff

$193K

45 hrs/wk

Jake G Maliszewski

Director of Financial Planning & Analysis

Staff

$159K

45 hrs/wk

Independent contractors

WELLINGTON MANAGEMENT CO LLP

INVESTMENT MANAGEMENT

$1.1M

MTI CONNECT LLC

PRINT AND MAIL

$378K

DEBEVOISE & PLIMPTON LLP

LEGAL SERVICES

$352K

RIAD HASAN

CONSULTING

$286K

SMARTFINANCIAL SOLUTIONS

FINANCIAL SERVICES

$212K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$61K
LOVE ONE ANOTHER CAMPAIGN
2020
$48K
HIGH SCHOOL AND COLLEGE SCHOLARSHIPS
2020

Funded by

$108K from 1 funder · 2 grants · 2020

Details

EIN390201015
Subsection08
Ruling date1941-11
Formed1885
Employees176
Volunteers14316
TRUSTED FRATERNAL LIFE — Mission, Financials & Grants Received | Grantivo