2012-11-15T14:48:24-06:00 2011-12-31 BDO USA LLP 40 NE Loop 410 Suite 200 San Antonio TX 78216 990 2011-01-01 740548665 CATHOLIC LIFE INSURANCE % THOMAS M PETRI CATH 2108289921 1635 NE LOOP 410 SUITE 300 SAN ANTONIO TX 78209 THOMAS M PETRI 2012-08-10 true Joy Reiner 2103428000 2011 2016-02-24 21:20:13Z THOMAS M PETRI 1635 NE LOOP 410 STE 300 SAN ANTONIO TX 78209 215960623 false X WWW.CATHOLICLIFEINSURANCE.COM X FRAT BENEFIT SOCIETY 1901 TX A FRATERNAL BENEFIT SOCIETY WHICH PROVIDES LIFE, WHOLE LIFE, AND UNIVERSAL LIFE CERTIFICATES, AND ANNUITY CONTRACTS TO ITS MEMBERS 9 8 73 0 0 0 102745800 86318613 47027155 48329926 933242 868156 150706197 135516695 0 0 55494989 50203013 5206594 5473744 0 0 0 79902678 70945014 140604261 126621771 10101936 8894924 851337726 921362366 790778288 856580230 60559438 64782136 A FRATERNAL BENEFIT SOCIETY WHICH PROVIDES LIFE, WHOLE LIFE, AND UNIVERSAL LIFE CERTIFICATES, AND ANNUITY CONTRACTS TO ITS MEMBERS false false PROVISION OF BENEFITS, INCLUDING LIFE, WHOLE LIFE, AND UNIVERSAL LIFE INSURANCE, AND ANNUITY CONTRACTS TO ITS MEMBERS. false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 28378 0 true 73 true false false false false false false false false false false X 9 8 false false false false true true true true true false true true false true true true true true true true false X THOMAS M PETRI 2108289921 1635 NE LOOP 410 STE 300 SAN ANTONIO TX 78209 X thomas m berger 4.0 X 15310 0 0 gladys m haecker 4.0 X 14900 0 0 DORIS SHORT 4.0 X 15500 0 0 THOMAS J SLADECEK 4.0 X 22373 0 0 MICHAEL L DECKER 4.0 X 17700 0 0 JAMES LOUIS PERSYN 4.0 X 14900 0 0 SIXTUS LASKOWSKI 4.0 X 14500 0 0 LAWRENCE C SHIMEK 4.0 X 15525 0 0 J MICHAEL BELZ 40.0 X 496773 0 278727 THOMAS M PETRI 40.0 X 170747 0 35648 COLLEEN Z BERGER 40.0 X 146062 0 25844 MARTHA M MABE 40.0 X 111982 0 29887 BARBARA A CHEANEY 40.0 X 111284 0 21097 RILEY DENNIS BEST 40.0 X 165548 0 35094 FRANK GENTILE 40.0 X 119058 0 19351 PATRICIA GUTIERREZ 40.0 X 100239 0 35475 1552401 0 481123 8 false true false WELLINGTON MANAGEMENT CO 75 STATE STREET BOSTON MA 02109 INVESTMENT MGMT 625536 ALLEN BAILEY ASSOCIATES INC 8310 CAPITAL OF TEXAS HWY N 370 AUSTIN TX 78731 POLICY RSV ACTUARY 374479 ERNST YOUNG 100 WEST HOUSTON ST SAN ANTONIO TX 78205 ACCOUNTING SERVICES 136500 PAUL'S JANITORIAL SERVICE PO BOX 4613 VICTORIA TX 77903 JANITORIAL SERVICE 148715 MONITOR ON THE NET 915 CORKWOOD TRAIL SAN ANTONIO TX 78256 INTERNET SERVICES 109845 5 0 INSURANCE ANNUITY PREMIUMS 524114 86318613 86318613 86318613 46298757 46298757 0 0 582774 989347 -406573 -406573 -406573 81485750 79423844 30737 2061906 -30737 2031169 2031169 0 0 0 AMORTIZATION OF IMR 524114 1274217 1274217 MISCELLANEOUS 900099 512 512 1274729 135516695 86318613 49198082 0 0 0 50203013 1284509 0 2964045 481587 486812 256791 0 11549 510979 0 0 625536 233985 320707 681912 0 0 100279 136568 0 790856 0 0 181136 92238 INCREASE IN POLICY RSV 62742500 COMMISSIONS 3609492 BRANCH FUNDING 304022 OFFICIAL PUBL. TO MBRS 135370 467885 126621771 7839788 1990032 0 0 0 0 9876858 10611723 0 0 0 0 6944338 5766369 0 0 0 0 10139918 4970981 1560040 5168937 816001146 887573324 8974370 10117146 0 0 0 0 141186 134835 851337726 921362366 2805687 2508577 0 0 0 0 0 0 0 0 0 0 0 0 0 0 787972601 854071653 790778288 856580230 X 0 0 0 0 60559438 64782136 60559438 64782136 851337726 921362366 X 8894924 -4672226 X X false true true X false 9556010 4481790 5074220 559878 489191 70687 24030 24030 5168937 0 AGGREGATE RESERVES FOR CERTIFICATES, CONTRACTS 827622684 RESERVE FOR CERTIFICATE, CONTRACT CLAIMS 5937078 PREMIUMS RECEIVED IN ADVANCE 1001157 AMOUNTS RETAINED AS AGENT OR TRUSTEE 22707 ASSET VALUATION RESERVE 2597178 OTHER LIABILITIES 196130 INTEREST MAINTENANCE RESERVE 2437168 LIABILITY FOR DEPOSIT-TYPE CONTRACTS 11994652 LIABILITY FOR BENEFITS FOR EMPLOYEES AND FIELDWORKERS 955647 CONSTRUCTION PAYABLE 185000 ADDITIONAL DEFINED BENEFIT LIABILITY 1122252 854071653 135516695 126621771 8894924 -4672226 -4672226 4222698 132222054 424120 424120 131797934 1634739 2084022 3718761 135516695 125411152 424120 424120 124987032 1634739 1634739 126621771 PART XII, LINE 2D AND PART XIII, LINE 2D ADJUSTMENT FOR INTERCOMPANY RENTAL INCOME PART XII, LINE 4B AND PART XIII, LINE 4B CAPITAL GAINS (LOSSES) TRANSFERRED TO INTEREST MAINTENANCE RESERVE PART XI, LINE 8 - OTHER ADJUSTMENTS CHANGE IN NON-ADMITTED ASSETS -585,950 CHANGE IN ASSET VALUATION RESERVE -860,003 NET REALIZED CAPITAL GAINS TRANSFERRED TO INTEREST MAINTENANCE RSV -2,084,022 CHANGE IN NET UNREALIZED CAPITAL GAINS/LOSSES -21,290 EXCESS OF ADDITIONAL DEFINED BENEFIT LIABILITY OVER UNRECOGNIZED PRIOR SERVICE COST -1,120,961 Total to Schedule D, Part XI, Line 8 -4,672,226 X X true true X X X X false true false J MICHAEL BELZ 496773 0 0 0 262330 16397 775500 0 0 THOMAS M PETRI 170747 0 0 0 19251 16397 206395 0 0 COLLEEN Z BERGER 146062 0 0 0 17036 8808 171906 0 0 RILEY DENNIS BEST 165548 0 0 0 18697 16397 200642 0 0 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 DIRECTORS DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO. THE PRESIDENT SUBMITS TO THE COMPENSATION COMMITTEE SUGGESTED SALARIES FOR THE PRESIDENT/CEO AND EXECUTIVE OFFICERS. THE SUGGESTED SALARIES ARE BASED ON THE U.S. EXECUTIVE COMPENSATION SURVEY AS PUBLISHED BY LOMA. INCLUDED IN THIS SURVEY ARE SALARY COMPARISONS OF FRATERNALS AND OTHER COMPARABLE COMPANIES WITHIN VARIOUS POSITIONS AND COMPANY SIZES. THE COMPENSATION COMMITTEE REVIEWS ALL SUGGESTED SALARIES AND SUBMITS ITS SUGGESTION FOR THE PRESIDENT/CEO TO THE DIRECTORS FOR APPROVAL. A FORMAL APPROVAL BY THE DIRECTORS IS NOT REQUIRED FOR THE EXECUTIVE OFFICERS. MINUTES OF THE COMPENSATION COMMITTEE AND BOARD OF DIRECTOR MEETINGS ARE KEPT AT THE HOME OFFICE. THE LAST EXECUTIVE COMPENSATION REVIEW WAS PERFORMED JANUARY 2011. PART I, LINE 4B PRESIDENT/CEO PARTICIPATES IN A SERP. THE AMOUNT FUNDED IN 2011 WAS $82,000. 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 DIRECTORS DETERMINE THE COMPENSATION OF THE PRESIDENT/CEO. THE PRESIDENT SUBMITS TO THE COMPENSATION COMMITTEE SUGGESTED SALARIES FOR THE PRESIDENT/CEO AND EXECUTIVE OFFICERS. THE SUGGESTED SALARIES ARE BASED ON THE U.S. EXECUTIVE COMPENSATION SURVEY AS PUBLISHED BY LOMA. INCLUDED IN THIS SURVEY ARE SALARY COMPARISONS OF FRATERNALS AND OTHER COMPARABLE COMPANIES WITHIN VARIOUS POSITIONS AND COMPANY SIZES. THE COMPENSATION COMMITTEE REVIEWS ALL SUGGESTED SALARIES AND SUBMITS ITS SUGGESTION FOR THE PRESIDENT/CEO TO THE DIRECTORS FOR APPROVAL. A FORMAL APPROVAL BY THE DIRECTORS IS NOT REQUIRED FOR THE EXECUTIVE OFFICERS. MINUTES OF THE COMPENSATION COMMITTEE AND BOARD OF DIRECTOR MEETINGS ARE KEPT AT THE HOME OFFICE. THE LAST EXECUTIVE COMPENSATION REVIEW WAS PERFORMED JANUARY 2012. 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 5, CHANGES IN NET ASSETS CHANGE IN NON-ADMITTED ASSETS -585,950 CHANGE IN ASSET VALUATION RESERVE -860,003 NET REALIZED CAPITAL GAINS TRANSFERRED TO INTEREST MAINTENANCE RSV -2,084,022 CHANGE IN NET UNREALIZED CAPITAL GAINS/LOSSES -21,290 EXCESS OF ADDITIONAL DEFINED BENEFIT LIABILITY OVER UNRECOGNIZED PRIOR SERVICE COST -1,120,961 TOTAL TO FORM 990, PART XI, LINE 5 -4,672,226 FORM 990, PART XII, LINE 1 THE ORGANIZATION USES THE STATUTORY METHOD OF ACCOUNTING.