CATHOLIC LIFE INSURANCE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CATHOLIC LIFE INSURANCE (EIN 74-0548665)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201313199349308711
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T15:00:18-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 NE Loop 410 Suite 200 | AddressLine1 |
| City | San Antonio | City |
| State | TX | State |
| ZIP Code | 78216 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 740548665 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CATHOLIC LIFE INSURANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % THOMAS M PETRI | InCareOfName |
| Name Control | CATH | NameControl |
| Phone | 2108289921 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 NE LOOP 410 SUITE 300 | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | SAN ANTONIO | City |
| State | TX | State |
| ZIP Code | 78209 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS M PETRI | Name |
| Title | VP/TREASURER | Title |
| Phone | 2108289921 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joy Reiner | Name |
| Phone | 2103428000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS M PETRI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 NE LOOP 410 STE 300 | AddressLine1 |
| City | SAN ANTONIO | City |
| State | TX | State |
| ZIP Code | 78209 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 191699640 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CATHOLICLIFEINSURANCE.COM | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | FRAT BENEFIT SOCIETY | TypeOfOrgOtherDescription |
| Year Formation | 1901 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | A FRATERNAL BENEFIT SOCIETY WHICH PROVIDES LIFE, WHOLE LIFE, AND UNIVERSAL LIFE CERTIFICATES, AND ANNUITY CONTRACTS TO ITS MEMBERS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 70 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 86318613 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 66497442 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 48329926 | InvestmentIncomePriorYear |
| Investment Income Current Year | 49340295 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 868156 | OtherRevenuePriorYear |
| Other Revenue Current Year | 620920 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 135516695 | TotalRevenuePriorYear |
| Total Revenue Current Year | 116458657 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 50203013 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 48152225 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5473744 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5838043 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 70945014 | OtherExpensePriorYear |
| Other Expenses Current Year | 53749385 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 126621771 | TotalExpensesPriorYear |
| Total Expenses Current Year | 107739653 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8894924 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8719004 | RevenuesLessExpensesCY |
| Total Assets BOY | 921362366 | TotalAssetsBOY |
| Total Assets EOY | 977867016 | TotalAssetsEOY |
| Total Liabilities BOY | 856580230 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 907403219 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 64782136 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 70463797 | NetAssetsOrFundBalancesEOY |
| Mission Description | A FRATERNAL BENEFIT SOCIETY WHICH PROVIDES LIFE, WHOLE LIFE, AND UNIVERSAL LIFE CERTIFICATES, AND ANNUITY CONTRACTS TO ITS MEMBERS | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | PROVISION OF BENEFITS, INCLUDING LIFE, WHOLE LIFE, AND UNIVERSAL LIFE INSURANCE, AND ANNUITY CONTRACTS TO ITS MEMBERS. | Description |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 29186 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 70 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | true | LocalChapters |
| Policies Reference Chapters | true | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THOMAS M PETRI | NamePerson |
| Telephone Number | 2108289921 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 NE LOOP 410 STE 300 | AddressLine1 |
| City | SAN ANTONIO | City |
| State | TX | State |
| ZIP Code | 78209 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | OfficerOfficer | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| SIXTUS LASKOWSKI | ||||||||
| DIRECTOR | 4.0 | X | 16795 | |||||
| THOMAS M BERGER | ||||||||
| DIRECTOR | 4.0 | X | 16266 | |||||
| GLADYS M HAECKER | ||||||||
| DIRECTOR | 4.0 | X | 15874 | |||||
| DORIS SHORT | ||||||||
| DIRECTOR | 4.0 | X | 15687 | |||||
| LAWRENCE C SHIMEK | ||||||||
| DIRECTOR | 4.0 | X | 15122 | |||||
| JAMES LOUIS PERSYN | ||||||||
| DIRECTOR | 4.0 | X | 15087 | |||||
| THOMAS J HOELSCHER AUG - DEC | ||||||||
| DIRECTOR | 4.0 | X | 12918 | |||||
| SANDY KING AUG - DEC | ||||||||
| DIRECTOR | 4.0 | X | 8205 | |||||
| THOMAS J SLADECEK JAN - JULY | ||||||||
| DIRECTOR | 4.0 | X | 12118 | |||||
| MICHAEL L DECKER JAN - JULY | ||||||||
| DIRECTOR | 4.0 | X | 10731 | |||||
| J MICHAEL BELZ | ||||||||
| PRESIDENT/CEO | 40.0 | X | 504462 | X | 0 | 455346 | ||
| THOMAS M PETRI | ||||||||
| VP/TREASURER | 40.0 | 176266 | X | 0 | 38258 | |||
| COLLEEN Z BERGER | ||||||||
| VP/CONTROLLER | 40.0 | 152030 | X | 0 | 26961 | |||
| RILEY DENNIS BEST | ||||||||
| VP/DIRECTOR OF AGENCIES | 40.0 | 167533 | 0 | 37264 | X | |||
| FRANK GENTILE | ||||||||
| VP/CHIEF UNDERWRITER | 40.0 | 124251 | 13510 | X | ||||
| MARTHA M MABE | ||||||||
| VP/CORP SECRETARY | 40.0 | 118181 | 22457 | X | ||||
| BARBARA A CHEANEY | ||||||||
| VP/MARKETING-COMM | 40.0 | 114738 | 22080 | X | ||||
| PATRICIA GUTIERREZ | ||||||||
| VP/OPERATIONS | 40.0 | 100345 | 37628 | X | ||||
| SCOTT D BRANT | ||||||||
| VP/INFORMATION TECH | 40.0 | 90987 | 39311 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1687596 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 692815 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WELLINGTON MANAGEMENT CO | |||||
| 75 STATE STREET | BOSTON | MA | 02109 | INVESTMENT MGMT | 676605 |
| ALLEN BAILEY ASSOCIATES INC | |||||
| 8310 CAPITAL OF TEXAS HWY N 370 | AUSTIN | TX | 78731 | POLICY RSV ACTUARY | 390604 |
| ERNST YOUNG | |||||
| 100 WEST HOUSTON ST | SAN ANTONIO | TX | 78205 | ACCOUNTING SERVICES | 142500 |
| PAUL'S JANITORIAL SERVICE | |||||
| PO BOX 4613 | VICTORIA | TX | 77903 | JANITORIAL SERVICE | 153200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INSURANCE ANNUITY PREMIUMS | Description |
| Business Code | 524114 | BusinessCode |
| Total Revenue Column | 66497442 | TotalRevenueColumn |
| Related Or Exempt Function Income | 66497442 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 66497442 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47836698 | TotalRevenueColumn |
| Exclusion | $47,836,698 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 712990 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1262273 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -549283 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -549283 | TotalRevenueColumn |
| Exclusion | -$549,283 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 75481957 | Securities |
| Other | 350 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 73956927 | Securities |
| Other | 21783 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1525030 | Securities |
| Other | -21433 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1503597 | TotalRevenueColumn |
| Exclusion | $1,503,597 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| AMORTIZATION OF IMR | 524114 | 1169007 | $1,169,007 |
| MISCELLANEOUS | 900099 | 1196 | $1,196 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1170203 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 116458657 | TotalRevenueColumn |
| Related Or Exempt Function Income | 66497442 | RelatedOrExemptFunctionIncome |
| Exclusion | $49,961,215 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48152225 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1696923 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2796137 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 618811 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 451492 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 274680 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8013 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142500 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 686268 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 665993 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314764 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 861459 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105175 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142853 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 731796 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 267249 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87642 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| INCREASE IN POLICY RSV | 45942603 |
| COMMISSIONS | 2982259 |
| BRANCH FUNDING | 303542 |
| FRATERNAL EXPENSES | 148586 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358683 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107739653 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1990032 | BOY |
| EOY | 4987196 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10611723 | BOY |
| EOY | 10701583 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5766369 | BOY |
| EOY | 5640859 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 9860717 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 3860244 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5168937 | BOY |
| EOY | 6000473 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 887573324 | BOY |
| EOY | 937886504 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10117146 | BOY |
| EOY | 12504042 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134835 | BOY |
| EOY | 146359 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 921362366 | BOY |
| EOY | 977867016 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2508577 | BOY |
| EOY | 2551851 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 854071653 | BOY |
| EOY | 904851368 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 856580230 | BOY |
| EOY | 907403219 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64782136 | BOY |
| EOY | 70463797 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64782136 | BOY |
| EOY | 70463797 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 921362366 | BOY |
| EOY | 977867016 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8719004 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3037343 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Other | X | MethodOfAccountingOther |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Current Year Minus4 Years | CurrentYearMinus4Years | |
| Land | Land |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9264571 | OtherCostOrOtherBasis |
| Depreciation | 3330285 | Depreciation |
| Book Value | 5934286 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 596146 | OtherCostOrOtherBasis |
| Depreciation | 529959 | Depreciation |
| Book Value | 66187 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 6000473 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (10 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| AGGREGATE RESERVES FOR CERTIFICATES | $873,572,544 |
| LIABILITY FOR DEPOSIT-TYPE CONTRACT | $12,651,586 |
| RESERVE FOR CERTIFICATE, CONTRACT | $8,162,864 |
| PREMIUMS RECEIVED IN ADVANCE | $1,013,622 |
| INTEREST MAINTENANCE RESERVE | $3,235,474 |
| AMOUNTS RETAINED AS AGENT OR TRUSTEE | $25,210 |
| LIABILITY FOR BENEFITS FOR EMPLOYEES | $1,190,234 |
| ASSET VALUATION RESERVE | $3,208,973 |
| OTHER LIABILITIES | $429,488 |
| ADDITIONAL DEFINED BENEFIT LIABILITIES | $1,361,373 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 904851368 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 113292619 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 615456 | OtherRevenues |
| Revenue Not Rptd F990 | 615456 | RevenueNotRptdF990 |
| Revenue Subtotal | 112677163 | RevenueSubtotal |
| Investment Expenses Not Included | 1814182 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 1967312 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3781494 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 116458657 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 106540927 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 615456 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 615456 | ExpensesNotRptdF990 |
| Expenses Subtotal | 105925471 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1814182 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 1814182 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 107739653 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 2D AND PART XII, LINE 2D | ADJUSTMENT FOR INTERCOMPANY RENTAL INCOME 615,456 |
| PART XI, LINE 4B | CAPITAL GAINS (LOSSES) TRANSFERRED TO INTEREST MAINTENANCE RESERVE 1,967,312 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J MICHAEL BELZ | ||||||||||||||
| PRESIDENT/CEO | 504462 | 0 | 0 | 0 | 0 | 0 | 437697 | 0 | 17649 | 0 | 959808 | 0 | 0 | 0 |
| THOMAS M PETRI | ||||||||||||||
| VP/TREASURER | 176266 | 0 | 0 | 0 | 0 | 0 | 20077 | 0 | 18181 | 0 | 214524 | 0 | 0 | 0 |
| COLLEEN Z BERGER | ||||||||||||||
| VP/CONTROLLER | 152030 | 0 | 0 | 0 | 0 | 0 | 17584 | 0 | 9377 | 0 | 178991 | 0 | 0 | 0 |
| RILEY DENNIS BEST | ||||||||||||||
| VP/DIRECTOR OF AGENCIES | 167533 | 0 | 0 | 0 | 0 | 0 | 19615 | 0 | 17649 | 0 | 204797 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | COMPANION MAY TRAVEL WITH EMPLOYEE TO BUSINESS FUNCTION. COST OF COMPANION IS PAID BY EMPLOYEE UNLESS THERE ARE EVENTS WITHIN THE BUSINESS FUNCTION SUGGESTING THE COMPANION ATTEND. THEN, ONE-HALF OF COST IS PAID BY EMPLOYEE. SOCIAL CLUB DUES ARE PAID FOR USE BY THE PRESIDENT/CEO FOR NETWORKING. DESCRIPTIONS ARE INCLUDED ON THE INVOICE TO IDENTIFY BUSINESS OR PERSONAL USAGE. EXPENSES INCURRED RELATED TO PERSONAL USAGE ARE REIMBURSED BY PRESIDENT/CEO. |
| PART I, LINE 3 | THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE MOST RECENT LOMA (LIFE OFFICE MANAGEMENT ASSOCIATION) EXECUTIVE COMPENSATION SURVEY. INCLUDED IN THIS SURVEY ARE SALARY COMPARISONS OF FRATERNAL BENEFIT SOCIETIES AND OTHER COMPARABLE COMPANIES WITHIN VARIOUS POSITIONS AND COMPANY SIZE. THE COMPENSATION COMMITTEE REVIEWS AND SUBMITS A RECOMMENDATION FOR SALARY AND PERFORMANCE BONUS OF THE PRESIDENT/CEO TO THE BOARD OF DIRECTORS FOR APPROVAL. RECOMMENDATIONS OF COMPENSATION TO BE PAID TO ALL OTHER OFFICERS ARE SUBMITTED BY THE PRESIDENT/CEO TO THE COMPENSATION COMMITTEE FOR THEIR REVIEW AND SUBMISSION TO THE BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION RECOMMENDATIONS FOR OFFICERS ARE ALSO BASED ON THE MOST RECENT LOMA EXECUTIVE COMPENSATION SURVEY. COMPENSATION COMMITTEE RECOMMENDATIONS ARE DISCUSSED BY THE ENTIRE BOARD OF DIRECTORS AND ACTIONS TAKEN ARE DOCUMENTED IN BOARD MEETING MINUTES. THESE BOARD MEETING MINUTES ARE KEPT IN THE HOME OFFICE. THE LAST EXECUTIVE COMPENSATION REVIEW WAS PERFORMED JANUARY 2013. |
| PART I, LINE 4B | PRESIDENT/CEO PARTICIPATES IN A SERP. THE AMOUNT FUNDED IN 2012 WAS $73,000. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AN OUTSIDE FIRM COMPLETES THE CATHOLIC LIFE INSURANCE FORM 990 BASED ON INFORMATION PROVIDED BY THE ACCOUNTING AND INVESTMENT DEPARTMENTS. ONCE COMPLETE, A DETAILED REVIEW OF THE SPECIFIC AMOUNTS WITHIN THE RETURN ARE REVIEWED BY THE CONTROLLER. AN OVERALL REVIEW OF THE RETURN IS PERFORMED BY THE TREASURER. THE PRESIDENT/CEO WILL PERFORM A VERY GENERAL OVERVIEW OF SELECTED PARTS OF THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH OFFICER AND DIRECTOR IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE MOST RECENT LOMA (LIFE OFFICE MANAGEMENT ASSOCIATION) EXECUTIVE COMPENSATION SURVEY. INCLUDED IN THIS SURVEY ARE SALARY COMPARISONS OF FRATERNAL BENEFIT SOCIETIES AND OTHER COMPARABLE COMPANIES WITHIN VARIOUS POSITIONS AND COMPANY SIZE. THE COMPENSATION COMMITTEE REVIEWS AND SUBMITS A RECOMMENDATION FOR SALARY AND PERFORMANCE BONUS OF THE PRESIDENT/CEO TO THE BOARD OF DIRECTORS FOR APPROVAL. RECOMMENDATIONS OF COMPENSATION TO BE PAID TO ALL OTHER OFFICERS ARE SUBMITTED BY THE PRESIDENT/CEO TO THE COMPENSATION COMMITTEE FOR THEIR REVIEW AND SUBMISSION TO THE BOARD OF DIRECTORS FOR APPROVAL. COMPENSATION RECOMMENDATIONS FOR OFFICERS ARE ALSO BASED ON THE MOST RECENT LOMA EXECUTIVE COMPENSATION SURVEY. COMPENSATION COMMITTEE RECOMMENDATIONS ARE DISCUSSED BY THE ENTIRE BOARD OF DIRECTORS AND ACTIONS TAKEN ARE DOCUMENTED IN BOARD MEETING MINUTES. THESE BOARD MEETING MINUTES ARE KEPT IN THE HOME OFFICE. THE LAST EXECUTIVE COMPENSATION REVIEW WAS PERFORMED JANUARY 2013. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FROM THE HOME OFFICE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 9 | CHANGE IN NET UNREALIZED CAPITAL GAINS/LOSSES 146,917 CHANGE IN NON-ADMITTED ASSETS -365,341 CHANGE IN ASSET VALUATION RESERVE -611,795 EXCESS OF ADDITIONAL DEFINED BENEFIT LIABILITY OVER UNRECOGNIZED PRIOR SERVICE COST -239,812 NET REALIZED CAPITAL GAINS TRANSFERRED TO INTEREST MAINTENANCE RSV -1,967,312 ---------------- TOTAL TO FORM 990, PART XI, LINE 5 -3,037,343 | OTHER CHANGES IN NET ASSETS: |
| FORM 990, PART XII, LINE 1 | THE ORGANIZATION USES THE STATUTORY METHOD OF ACCOUNTING. |
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