2013-11-15T11:20:57-06:00 2012-12-31 990 2012-01-01 470339250 WOODMEN OF THE WORLD LIFE INSURANCE SOCIETY WOOD 4023421890 1700 FARNAM ST No 2200 OMAHA NE 681022022 Jordan Mawson 4023421890 2013-11-15 2012 2016-02-25 16:41:14Z Jordan Mawson 1700 Farnam Street Omaha NE 68102 1307615077 0 0510 X woodmen.org X Fraternal Benefit Society 1890 NE Woodmen of the World is a fraternal benefit society dedicated to (continued on Schedule O) serving its members, their families and communities. Woodmen's mission is to benefit our members through every stage of life. We achieve this by:1. Providing members with valued financial solutions;2. Engaging members in community service activities;3. Enriching the lives of members through social, educational and patriotic programs; and,4. Sharing common values and working to achieve these shared fraternal ideals of family,community and country. 16 11 2887 51624 2697618 0 0 0 1079163265 1307615077 0 0 997871 0 1080161136 1307615077 343000 345819 977209124 1029796470 81918881 93139815 0 0 0 115683427 126611194 1175154432 1249893298 -94993296 57721779 9340696830 9517523595 8536186968 8655291954 804509862 862231641 X Benefit our members through every stage of life. 0 0 Exempt Purpose/Achievements: Woodmen is owned and governed by its more then 701,400 members, who belong to 1,063 local adult and youth chapters across the nation. Delegates are elected to represent their fellow chapter members at biannual jurisdictional (state) conventions and quadrennial National Conventions. These national delegates elect members to the Board of Directors for four-year terms of office where they help to set policies and determine the direction of the Society. Woodmen's commitment to its members is exemplified by a wide range of membership benefits provided as part of the Society's fraternal program. These benefits enable families to enjoy social and educational activities, youth and senior programs, patriotic presentations and community service opportunities. They also provide aid and comfort to members in times of illness, misfortune or need. Local Woodmen adult and youth chapters sponsor activities for members of all ages including:1. Regular business meetings;2. Social events;3. Group outings;4. Cookouts;5. Holiday parties;6. Youth and Senior Camp programs; and,7. Other activities that strengthen the bonds of friendship and fraternity.Woodmen's Youth and Senior Camp programs offer members the opportunity to enjoy a variety of activities and make new friends.In 2012, 4,975 youth members ages 8 through 15 attended youth camps across the nation at little or no cost. The camps provide youth an opportunity to study nature, learn arts and crafts, and participate in citizenship activities, swimming, games, hiking, archery and many other outdoor activities. Camp programs are designed to develop each camper's self-esteem, knowledge and leadership skills.Woodmen senior camps designed for senior members who enjoy the fellowship of good friends and new acquaintances. A wide variety of activities are offered at senior camps including arts and crafts, music, games, archery, fishing, swimming, storytelling and nature walks. Many camps offer educational seminars with emphasis on the needs and interests of seniors. In 2012 1,424 members attended Senior Camps or Senior Appreciation Day. Woodmen provides a membership benefit of financial assistance for catastrophic illnesses of $1,000 to eligible members who are diagnosed with tuberculosis, lung cancer, luekemia, malignant lymphoma, Hodgkin's disease, multiple myeloma or brain tumor. In 2012, $862,000 was paid for catastrophic illness benefits.The Disaster Relief Fraternal Benefit provides monetary relief for members who sustain significant damage to their homes as a result of a hurricane, tornado, fire or other natural disaster. In 2012, $42,281 was provided in benefit payments to members.Woodmen provides from $125 to $200 a month in financial assistance to orphaned children through age 18 whose parents were both qualified Woodmen members. Extra funds may also be available to help pay college, tutorial or vocational training. In 2012, the Orphan's Care Program paid out $49,900 in benefits.Woodmen provides a $5,000 fraternal benefit if an infant of a 100% Woodmen family dies between 48 hours and six month of birth, plus guarantees issuance of a $5,000 life insurance certificate at standard rates during the first six months of life. In 2012, newborn benefits paid were $10,000. The Woodmen Prescription Drug Card benefit was introduced in 2001. The care is free to all members and is another example of the value of Woodmen membership. Since the inception of this program members have saved a total of $11,432,071. This value-added fraternal benefit saved members over $275,181 in 2012.First Responders: This fraternal benefit package that is available to all non-military first responders. With payment of annual membership dues, First Responders are eligible for the regular fraternal benefits offered to all dues paying members plus a $10,000 benefit payable in the event of a death while performing their duties as a member of a first responder. Volunteer Service: In 2012, Woodmen members volunteered more than 335,961 hours in community service activities and 541,641 hours of service to the following fraternal projects and activities:1. Patriotic Program: Woodmen's Patriotic Program was introduced 66 years ago in 1947. Through the program, local chapters present U.S. flags to schools, community buildings, churches, parks, and other civic and nonprofit organizations, American Patriot's Handbooks to schools, libraries and newly-naturalized citizens and American History Awards to junior and senior high school students for proficiency in American history. In 2012 lodges presented:138,221 U.S. flags;53,123 American Patriot's Handbooks; and,3,258 American History Awards.Since the program began Woodmen members have presented 2,361,165 flags, 1,897,950 American Patriot's Handbooks and 267,943 American History Awards.Woodmen began a program with the American Red Cross in 1998 to further strengthen its fraternal commitment. The Society created teams of Red Cross trained Woodmen volunteers to provide disaster relief to people and communities throughout the nation. Teams provide volunteers along with vehicles, equipment and supplies to assist RedCross relief efforts. Woodmen also makes chapter halls and camps available for use as Red Cross shelters or training centers.In 2012 Woodmen members also participated in: National Join Hands Day - 235 events In Honor and Rememberance in emmory of September 11, 2001 - 389 ceremonies Flag Day - 317 events Make a Difference Day - 139 events 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 267891 0 1 2887 1 1 0 0 0 0 0 0 0 0 0 0 X 16 11 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 NE CA X X WOODMEN OF THE WORLD co Jordan Mawson 4023421890 1700 FARNAM ST STE 2200 OMAHA NE 681022022 CUMMINSDANNY E 40.00 X X 1074960 0 1306300 KINGLARRY R 40.00 X X 701355 0 436122 SCHREIER MARK L 40.00 X X 690703 0 300209 HERNANDEZPAMELA A 40.00 X X 603472 0 608913 DODDWESLEY 1.00 X 68715 0 4018 BOSLERJAMES W III 1.00 X 88518 0 9856 DEESPATRICK 40.00 X X 402598 0 147758 GALLIONTHOMAS T III 1.00 X 174950 0 64473 MOOREROGER 1.00 X 82500 0 18680 MELLORSTEPHEN W 1.00 X 66084 0 0 RICEDANIEL W 1.00 X 91549 0 19656 SHAVERJAMES 1.00 X 87438 0 9274 DOISEDARYL J 1.00 X 54743 0 0 TAYLOR-MCCOYLUCIA G 1.00 X 89274 0 26741 BRIDGESJAMES W JR 1.00 X 78953 0 0 SHEALY MICHAEL 1.00 X 68132 0 5726 DEVINEANNETTE M 40.00 X 198159 0 74265 SMOLINSKIRAYMOND 40.00 X 157171 0 28970 GOCHENOURKARLA 40.00 X 219906 0 73616 JONESSTEVEN B 40.00 X 257460 0 112722 MAHERROBERT T 40.00 X 297189 0 113621 MCKERNSTEVEN 40.00 X 153439 0 46478 ROTSCHAFERRANDALL P 40.00 X 293332 0 99769 HORROCKSRANDALL 40.00 X 271311 0 70722 MCCAULEY DENISE 40.00 X 348850 0 31192 MACIEJEWSKICOLLEEN M 40.00 X 180367 0 62399 ANDERSONELVIS 40.00 X 309906 0 205402 ELLISMATTHEW 40.00 X 293080 0 23313 BROWNCHARLES 40.00 X 525110 0 100204 DOISEDESI 40.00 X 432748 0 63339 WALTERS JOSEPH W 40.00 X 706984 0 223212 YATESJACK 40.00 X 410922 0 92680 MCGUFFEEPENNY 40.00 X 429299 0 33132 THEISENMARK D 0.00 X 613732 0 11387 OWENWILLIAM C 0.00 X 5600 0 29529 DAYJAMES R 0.00 X 226993 0 271898 HAACKSTEVEN O 0.00 X 360732 0 680429 HROMADKAJOSEPH J JR 0.00 X 155423 0 127101 11271657 0 5533106 266 1 1 0 LAMSON DUGAN & MURRAY LLP 10306 REGENCY PARKWAY DRIVE OMAHA NE 68114 LEGAL SERVICES 1927009 DELOITTE CONSULTING LLP PO BOX 7247-6447 PHILADELPHIA PA 19170 ACCOUNTING SERVICES 1863898 SIRIUS COMPUTER SOLUTIONS PO BOX 202289 DALLAS TX 75320 SOFTWARE MAINTENANCE 1303147 STONE RIVER INC 24971 NETWORK PLACE CHICAGO IL 60673 INSURANCE SOFTWARE MAINTENANCE 703729 BAIRD HOLM LLP 1700 FARNAM ST STE 1500 OMAHA NE 68102 LEGAL SERVICES 411036 33 Premiums and Annuity C 524113 1263711538 1263711538 Gross Investment Incom 523000 43903539 41205921 2697618 1307615077 1307615077 1304917459 2697618 0 345819 1029796470 10496902 39366530 17752138 18815670 6708575 3510742 366762 2981293 4466618 600238 1219760 14898428 705859 Commissions 56736289 Field Expenses 15948871 Inv. Real Estate Expens 7989407 Taxes, Licenses and Fee 3444637 13742290 1249893298 100591075 53765343 88582443 123794706 133027 136658 196563654 109399950 90553113 87163704 7200772041 7233713749 1560326990 1671999737 299738141 346949698 9340696830 9517523595 8536186968 8655291954 8536186968 8655291954 X 0 0 0 0 804509862 862231641 804509862 862231641 9340696830 9517523595 57721779 0 X X 0 1 X 1 0 196563654 109399950 87163704 87163704 Mortgage Loans 1463629006 C Certificate Loans 168277466 C Other Invested Assets 40093265 C 1671999737 Aggregate reserves for Life certs & contracts 6989186212 Aggregate reserves for A&H contracts 32504984 Liability for deposit-type contracts 721212230 Life claims 37603927 A&H claims 869289 Provision for refunds payable 76945000 Advance premiums 1613192 Asset valuation reserve (AVR) 152862945 Interest maintenance reserve (IMR) 25199486 Other liabilities 143171323 Post-retirement benefit liability 40610572 From separate account - Pension Plan 200774290 From separate account - Variable Annuity 61733462 Uncollected Premiums & agent's balances 76650 Payable for securities lending 170928392 8655291954 1307615077 0 1307615077 0 1307615077 1249893298 0 1249893298 0 1249893298 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 UNITED WAY OF THE MIDLANDS 1805 HARNEY STREET OMAHA NE 68102 470376605 170 51468 CONTRIBUTION TO PUBLIC CHARITY OMAHA SYMPHONY ASSOCIATION 1605 HOWARD STREET OMAHA NE 68102 476039304 170 30000 CONTRIBUTION TO PUBLIC CHARITY FOOD BANK FOR THE HEARTLAND 10525 J STREET OMAHA NE 68127 470637701 170 20925 CONTRIBUTION TO PUBLIC CHARITY JOSLYN ART MUSEUM 2200 DODGE STREET OMAHA NE 68102 470384577 170 20000 CONTRIBUTION TO PUBLIC CHARITY GREATER OMAHA CHAMBER OF COMMERCE 1301 HARNEY ST OMAHA NE 68102 470258610 170 16250 CONTRIBUTION TO PUBLIC CHARITY OPEN DOOR MISSION 2828 NORTH 23RD ST EAST OMAHA NE 68110 470411375 170 11500 CONTRIBUTION TO PUBLIC CHARITY BOYS AND GIRLS CLUB OF THE MIDLANDS 2610 HAMILTON ST OMAHA NE 68131 470467350 170 11500 CONTRIBUTION TO PUBLIC CHARITY MICAH HOUSE 1415 AVENUE J COUNCIL BLUFFS IA 51501 421292393 170 10105 CONTRIBUTION TO PUBLIC CHARITY LUTHERN FAMILY SERVICES 120 SOUTH 24TH STREET 100 OMAHA NE 68131 237267972 170 10050 CONTRIBUTION TO PUBLIC CHARITY GOODWILL INDUSTRIESINC 4805 NORTH 72ND STREET OMAHA NE 68134 470378996 170 10000 CONTRIBUTION TO PUBLIC CHARITYCONTRIBUTION TO PUBLIC CHARITY Urban League 3040 Lake St Omaha NE 68111 470384575 170 8750 CONTRIBUTION TO PUBLIC CHARITY Omaha Community Playhouse 6915 cass Street OMAHA NE 68102 470399856 170 8309 CONTRIBUTION TO PUBLIC CHARITY Goodfellows 1314 Douglas St Suite 125 OMAHA NE 68102 470469050 170 7500 CONTRIBUTION TO PUBLIC CHARITY Boy Scouts of America 12401 W Maple St OMAHA NE 68164 470376545 170 6135 CONTRIBUTION TO PUBLIC CHARITY Mohms Place 1435 N 15TH St CoUNCIL BLUFFS IA 51501 421407712 170 6000 CONTRIBUTION TO PUBLIC CHARITY Iowa Western 2700 College Road coUNCIL BLUFFS IA 51503 420925013 170 6000 CONTRIBUTION TO PUBLIC CHARITY Salvation Army 3612 cuming st omAHA NE 68131 362167910 170 5850 CONTRIBUTION TO PUBLIC CHARITY Greater Omaha Business Alliance 2500 california street oMAHA NE 68178 470376583 170 5400 CONTRIBUTION TO PUBLIC CHARITY SienaFrancis House PO box 217 oMAHA NE 68101 470601005 170 5100 CONTRIBUTION TO PUBLIC CHARITY American Heart Association 10100 J ST STE a oMAHA NE 68127 135613797 170 5075 CONTRIBUTION TO PUBLIC CHARITY Durham Museum 801 s 10th st omAHA NE 68108 470556061 170 5000 CONTRIBUTION TO PUBLIC CHARITY Girls Incorporated 2811 N 45th St oMAHA NE 68104 470562184 170 5000 CONTRIBUTION TO PUBLIC CHARITY 22 22 FORM 990, SCHEDULE I, Q 2 DONATIONS TO CHARITIES Woodmen of the World appoints a Corporate Social Responsibility Committee annually. This committee is responsible to coordinate efforts to receive, consider, approve, deny and disburse contributions requested. X X X 1 1 X X X X 1 1 0 CUMMINSDANNY E 690464 0 264705 0 119791 0 1281812 0 24488 0 2381260 0 0 0 KINGLARRY R 501602 0 135641 0 64112 0 408440 0 27682 0 1137477 0 0 0 SCHREIER MARK L 387360 0 130724 0 172619 0 271771 0 28438 0 990912 0 0 0 HERNANDEZPAMELA A 413229 0 136871 0 53372 0 574315 0 34598 0 1212385 0 0 0 DODDWESLEY 66600 0 0 0 2115 0 4018 0 0 0 72733 0 0 0 BOSLERJAMES W III 85250 0 0 0 3268 0 9856 0 0 0 98374 0 0 0 DEESPATRICK 313618 0 72154 0 16826 0 132036 0 15722 0 550356 0 0 0 GALLIONTHOMAS T III 170000 0 0 0 4950 0 55780 0 8693 0 239423 0 0 0 MOOREROGER 81500 0 0 0 1000 0 18680 0 0 0 101180 0 0 0 MELLORSTEPHEN W 64750 0 0 0 1334 0 0 0 0 0 66084 0 0 0 RICEDANIEL W 87500 0 0 0 4049 0 19485 0 171 0 111205 0 0 0 SHAVERJAMES 85250 0 0 0 2188 0 9274 0 0 0 96712 0 0 0 DOISEDARYL J 51458 0 0 0 3285 0 0 0 0 0 54743 0 0 0 TAYLOR-MCCOYLUCIA G 87000 0 0 0 2274 0 26741 0 0 0 116015 0 0 0 BRIDGESJAMES W JR 59087 0 0 0 19866 0 0 0 0 0 78953 0 0 0 SHEALY MICHAEL 64517 0 0 0 3615 0 5726 0 0 0 73858 0 0 0 DEVINEANNETTE M 135996 0 39078 0 23085 0 45875 0 28390 0 272424 0 0 0 SMOLINSKIRAYMOND 139602 0 78 0 17491 0 4700 0 24270 0 186141 0 0 0 GOCHENOURKARLA 163563 0 43078 0 13265 0 47062 0 26554 0 293522 0 0 0 JONESSTEVEN B 183027 0 46143 0 28290 0 83029 0 29693 0 370182 0 0 0 MAHERROBERT T 233379 0 35132 0 28678 0 87390 0 26231 0 410810 0 0 0 MCKERNSTEVEN 124213 0 22078 0 7148 0 29814 0 16664 0 199917 0 0 0 ROTSCHAFERRANDALL P 234556 0 52078 0 6698 0 73699 0 26070 0 393101 0 0 0 HORROCKSRANDALL 192536 0 74708 0 4067 0 50082 0 20640 0 342033 0 0 0 MCCAULEY DENISE 246268 0 80078 0 22504 0 8125 0 23067 0 380042 0 0 0 MACIEJEWSKICOLLEEN M 154097 0 25601 0 669 0 38302 0 24097 0 242766 0 0 0 ANDERSONELVIS 213651 0 66432 0 29823 0 177209 0 28193 0 515308 0 0 0 ELLISMATTHEW 219521 0 56078 0 17481 0 11250 0 12063 0 316393 0 0 0 BROWNCHARLES 267082 0 257266 0 762 0 82044 0 18160 0 625314 0 0 0 DOISEDESI 290903 0 113694 0 28151 0 40033 0 23306 0 496087 0 0 0 WALTERS JOSEPH W 479143 0 199849 0 27992 0 205912 0 17300 0 930196 0 0 0 YATESJACK 271758 0 136159 0 3005 0 78450 0 14230 0 503602 0 0 0 MCGUFFEEPENNY 242588 0 185975 0 736 0 13904 0 19228 0 462431 0 0 0 THEISENMARK D 0 0 142075 0 471657 0 0 0 11387 0 625119 0 0 0 OWENWILLIAM C 5396 0 0 0 204 0 28986 0 543 0 35129 0 0 0 DAYJAMES R 100690 0 20000 0 106303 0 260166 0 11732 0 498891 0 0 0 HAACKSTEVEN O 281763 0 50831 0 28138 0 658259 0 22170 0 1041161 0 0 0 HROMADKAJOSEPH J JR 107672 0 39000 0 8751 0 109094 0 18007 0 282524 0 0 0 Part I, Line 1a Spouse travel that meets specific guidelines is reimbursed and included in taxable income. A limited gross up is provided for those payments. Discretionary spending accounts are extended to executive officers. Part I, Lines 4a-b a) Severance Payments Mark Theisen $471,657. b) The Woodmen of the World Non-Qualified Supplemental Plan ("Plan") was established on May 19, 1986 for the purpose of providing a nonqualified retirement benefit to eligible employees and field representatives. This plan complies with the requirements of section 409A of the Internal Revenue Code and Regulations promulgated thereunder. The referenced benefit under this plan is calculated based on the normal or early retirement benefit that would have been payable to an eligible employee or field representative on the day that employee or field representative completed a year of service as an active participant of Woodmen of the World's qualified plan and continued to be an active participant of the qualified plan until the eligible employee's or field representative's benefit payout under the plan per the plan requirements and conditions. In 2012, Woodmen made benefit payments to Joseph Walters in the amount of $521,342, William Owen in the amount of $607,441, Steven Haack in the amount of $264,516, and Joseph Hromadka in the amount of $104,446 per the plan requirements and conditions of the plan. These payments were not included in Part II Schedule J as the reporting requirements under this schedule were not in place for all prior years years that the eligible employee or field representative accrued deferred compensation under this plan. Since there were no such reporting requirements under the Form 990 for prior years, including such payment in Part II Schedule J would create a misleading report since it would not accurately disclose that most of the deferred compensation had actually accrued in prior years. REPORTING FOREIGN INVESTMENTS PART IV, LINE 14b; SCHEDULE F, PART IV, QUESTIONS 4 & 5 FORMS 8621 AND 8865 WILL BE FILED, IF APPLICABLE, WITH FORM 990-T TO REPORT THE FOREIGN INVESTMENTS. Explanation for Not Filing Form 990-T Form 990, Part V, line 3b 990-T IS ON EXTENSION AND WILL BE FILED ON OR BEFORE THE NOVEMBER 15, 2013 DUE DATE. Form 990, Part VI, Section A, line 6 Woodmen of the World Life Insurance Society is comprised of its members. Form 990, Part VI, Section A, line 7a The members elect the officers and directors every 4 years. Form 990, Part VI, Section B, line 11 The return is prepared and reviewed by professional staff. It is reviewed in final form by a designated officer who then signs off on the return. The return is filed electronically. Prior to filing of the return, the Board of Directors is provided the return for review on line through use of a secure web site. Form 990, Part VI, Section B, line 12c A conflict-of-interest questionaire is provided and collected annually by the Legal Dept. Repsonses are maintained by the Legal Dept. Form 990, Part VI, Section B, line 15 Compensation is determined by a compensation committee using information from compensation surveys and studies, and independent compensation consultants. The Compensation Committee of the Bd of Directors reviews and approves the compensation schedules and individual compensation amounts. Form 990, Part VI, Section C, line 19 The organization's constituition and bylaws are available at www.woodmen.org. Financial statements and our conflict of interest policy are available upon request. Statutory method Form 990, Part XII, Line 1 The statutory method of accounting used by insurance companies is the method used by Woodmen of the World. Audit Committee Part XII, Line 2c The Audit Committee of the Board of Directors is responsible for oversight of the audit and review of the audited financial statements. SUBSIDIARY LIQUIDATION SCHEDULE R, PART IV, LINE (2)(5) COL (D) DISTRIBUTION FROM LIQUIDATION OF OMAHA WOODMEN BLOCKER, INC. INCLUDED A TAX DIVIDEND OF $2,912,429 Woodmen Foundation 1700 Farnam St Omaha NE 68102 204743934 Operate community centers; provide disaster relief NE 501(c)(3) Public Charity None 0 WFS Holdings Inc 1700 Farnam St Omaha NE 68102 223828160 Holding company for corporations involved in securities and in insurance NE Woodmen of the World Life Insurance Society C 1.00000 0 Omaha Woodmen Blocker Inc 1700 Farnam St Omaha NE 68102 264609780 Holding company for investment in pass-through entities NV Woodmen of the World Life Insurance Society C 1.00000 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 WFS Holdings Inc B 520000 Cash Woodmen Foundation D 7855015 Cash Woodmen Financial Services Inc B 500000 Cash Woodmen Insurance Agency Inc J 28250 Cash Omaha Woodmen Blocker Inc (SEE STMT 1) A 14354633 Cash Woodmen Financial Services Inc J 57459 Cash Woodmen Financial Services Inc O 864256 Cash Woodmen Insurance Agency Inc O 551260 cash