Modern Woodmen of America
Rock Island, IL · EIN 36-1493430 · Rank 334 by total revenue
To improve the quality of life for our members
Money, Form 990 for tax year 2024
- Total revenue
- $1,898,474,161
- Total expenses
- $1,598,506,511
- Total assets
- $18,169,068,952
- Salary base (all salaries and wages)
- $66,070,446
- Salaries, other pay and benefits
- $87,784,366
- Employees
- 2,038
- Salary base per employee
- $32,419
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (20)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Jerald J Lyphout | PRESIDENT AND CEO | Board, Officer | 40 | $3,817,651 |
| Brett M Van | CHIEF INVESTMENT OFFICER & TREASURER | Board, Officer | 40 | $1,232,424 |
| Lester L Bohnert | GENERAL COUNSEL | Board, Officer | 40 | $988,457 |
| Jill Lain Weaver | FORMER CHIEF FRATERNAL OFFICER | Officer | 40 | $721,383 |
| Steven J Ollenburg | CHIEF RISK OFFICER | Officer | 40 | $641,840 |
| Mark E Singleton | CHIEF STRATEGY OFFICER | Officer | 40 | $614,082 |
| Michael Scott Andrews | CHIEF ACTUARY | Officer | 40 | $436,172 |
| Darwin D Larrison | CHIEF INFORMATION SECURITY | Officer | 40 | $430,526 |
| Dr Amhed Fawzy Okba | CHIEF MEDICAL OFFICER | Officer | 40 | $427,561 |
| Teresa J Richhart | CHIEF HUMAN RESOURCES OFFICER | Officer | 40 | $380,228 |
| Jeffrey N Sowards | FORMER CHIEF DISTRIBUTION & MARKETING OFFICER | Officer | 40 | $338,415 |
| Xin Liu | CHIEF FINANCIAL ACTUARY | Officer | 40 | $336,845 |
| Jason Nickles | CHIEF FRATERNAL OFFICER | Officer | 40 | $270,382 |
| Todd David Swanson | CHIEF ACCOUNTING OFFICER | Officer | 40 | $39,502 |
| Shea E Doyle | NATIONAL SECRETARY AND EXECUTIVE VICE PRESIDENT | Board, Officer | 40 | -$623,966 |
| Joseph A Sztapka | DIRECTOR & REGIONAL DIRECTOR | Board | 40 | $476,640 |
| James E Temperley | DIRECTOR | Board | 5 | $165,711 |
| Lori Newberg | DIRECTOR | Board | 5 | $164,637 |
| Sandra Leigh Stosz | DIRECTOR | Board | 5 | $115,136 |
| Jacqueline Rae Zachmeyer | DIRECTOR | Board | 5 | $96,367 |
Top 10 paid people listed
These 10 people received $13,063,711, which is 19.8% of the $66,070,446 salary base shared by 2,038 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jerald J Lyphout | PRESIDENT AND CEO | Board, Officer | 40 | $2,162,118 | $0 | $1,655,533 | $3,817,651 |
| Robert Keorkunian | FORMER REGIONAL DIRECTOR | Highly paid employee | 40 | $2,932,213 | $38,035 | -$913,490 | $2,056,758 |
| Brett M Van | CHIEF INVESTMENT OFFICER & TREASURER | Board, Officer | 40 | $970,685 | $0 | $261,739 | $1,232,424 |
| Chad Foster | REGIONAL DIRECTOR | Highly paid employee | 40 | $996,908 | $86,236 | $148,601 | $1,231,745 |
| Lester L Bohnert | GENERAL COUNSEL | Board, Officer | 40 | $826,994 | $0 | $161,463 | $988,457 |
| Jonathon Marsh | REGIONAL DIRECTOR | Highly paid employee | 40 | $878,095 | $76,565 | $32,880 | $987,540 |
| Steven Eaton | MANAGING PARTNER | Highly paid employee | 40 | $656,950 | $90,562 | $24,319 | $771,831 |
| Jill Lain Weaver | FORMER CHIEF FRATERNAL OFFICER | Officer | 40 | $717,899 | $0 | $3,484 | $721,383 |
| Steven J Ollenburg | CHIEF RISK OFFICER | Officer | 40 | $512,252 | $0 | $129,588 | $641,840 |
| Mark E Singleton | CHIEF STRATEGY OFFICER | Officer | 40 | $555,195 | $0 | $58,887 | $614,082 |
Sources
- IRS e-file return 202543189349310944 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 36-1493430
- Organization website (as filed): www.modernwoodmen.org