2012-11-13T14:17:11-06:00 2011-12-31 990 2011-01-01 361493430 MODERN WOODMEN OF AMERICA MODE 3097866481 1701 FIRST AVENUE ROCK ISLAND IL 61201 DENIS P PRIOR 3097866481 2012-11-13 2011 2016-02-24 21:20:13Z DENIS P PRIOR 1701 1ST AVENUE ROCK ISLAND IL 61201 1764236739 false X WWW.MODERN-WOODMEN.ORG X 1883 IL TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS. 9 3 2279 92044 61014 0 1607351627 1764152654 0 170129 84085 1607521756 1764236739 1203980 1057456 1341352396 1462441511 59042627 67807284 0 0 126295186 136639337 1527894189 1667945588 79627567 96291151 10144269324 11379654673 8915847408 10114257772 1228421916 1265396901 X TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS. false false LIFE INSURANCE PROGRAMS: MODERN WOODMEN OF AMERICA PROVIDES BENEFITS AND SERVICES COVERAGE FOR LIFE, ANNUITY, AND ACCIDENT & HEALTH INSURANCE. (759,561 MEMBERS) FRATERNAL BENEFITS (9,095 BENEFICIARIES) YOUTH COMMUNITY SERVICE PROGRAMS: YOUTH ACTIVITIES AND PROGRAMS (13,126 ACTIVITIES) FRATERNAL CHARACTER (754,806 MEMBERS) false false true false false false false false false true false true true true false false false false false true false false false false false false true true true false false false false false false false false false false false true true true false true 63988 0 true 2279 true true true true OC false false false false false false false false X 9 3 false false false false true false false true true false true true true true true true true true true true true false X DENIS P PRIOR 3097866481 1701 1ST AVENUE ROCK ISLAND IL 61201 WILLIAM KENNETH MASSEY 40.00 X X 1050153 0 720007 WILLIAM DAVID KELTNER 40.00 X 854002 4176 504127 ALBERT THURMAN HURST 40.00 X 738532 4433 362005 DARCY ANN CALLAS 40.00 X X 538003 0 650379 LARRY LYN SCHREIBER 40.00 X X 444696 0 682917 DENIS PATRICK PRIOR 40.00 X X 436516 0 801493 JERRY FRANKLIN HARBAUGH 5.00 X 48530 0 0 DAVID BRUCE EMRICK 5.00 X 48010 0 0 ROBERT CLARENCE POLLEX 5.00 X 47933 0 0 PATRICK JAMES BARNES 40.00 X 329439 0 538220 MICHAEL EDWARD DAU 40.00 X 327386 0 632773 ROSEMARY COSTELLO 40.00 X 322732 0 545681 GEORGE RAYMOND WORLEY 40.00 X 317664 0 381901 MICHAEL SCOTT ANDREWS 40.00 X 210547 0 191648 PATRICK OMAR SAUNDERS 40.00 X 207304 0 211446 STEPHEN ALAN VANSPEYBROECK 40.00 X 176823 0 254583 DIANE ELIZABETH NAHRA 40.00 X 150304 0 1885 SAMUEL G SAIED 40.00 X 687310 38752 325071 DOUGLAS W GRENIER 40.00 X 490841 119101 178071 THOMAS J HOSMANEK 40.00 X 596863 8303 427215 DANIEL L LAWRENCE 40.00 X 561786 30816 272328 JOSEPH A SZTAPKA 40.00 X 576536 12651 224532 CHARLES ERNEST BEANE 0.00 X 268656 0 0 GERALD PETER ODEAN X 242884 0 0 NICHOLAS STEPHEN COIN X 239885 0 0 9913335 218232 7906282 274 true true false SE2 5801 SW SIXTH AVENUE TOPEKA KS 66636 VA PRODUCT MGMT 972918 BLACKROCK INTERNATIONAL LIMITED 40 TORPHICHEN STREET EDINBURGH UK INVESTMENT MGMT 350710 OFI INSTITUTIONAL DISCOVERY SMALL 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112 INVESTMENT MGMT 323095 ERNST & YOUNG 801 GRAND AVENUE SUITE 3000 DES MOINES IA 50309 AUDIT 307538 ROBERT E NOLAN COMPANY MANAGEMENT CONSULTANTS 92 HOPMEADOW ST WEATOGUE CT 06089 MGMT CONSULTING 277441 13 PREMIUMS & OTHER RECEIPTS 524113 1187940187 1187940187 GROSS INVESTMENT INCOME 524113 546929327 546929327 OTHER INCOME 524113 29275181 29275181 PRINTING INCOME 323100 7959 7959 1764152654 RCP DIRECT 900099 49182 49182 NORTHSTAR MEZZANINE FD PT IV 900099 40540 40540 CIMARRON PARTNERS LP 900099 37152 37152 -42789 -42789 84085 1764236739 1764144695 92044 511366 546090 1462441511 5243479 29287683 14856648 11510233 6909241 445561 348779 2387339 6845778 1635437 5274954 685209 3831725 2628592 341316 COMMISSIONS 71209069 CAMP ADMIN & ACTIVITIES 12190254 MISCELLANEOUS EXPENSES 10937416 FIELD EXPENSE ALLOWANCE 9755686 8122222 1667945588 0 0 0 3880549 2763279 61808693 118942215 84477691 40006965 37427369 44470726 22706064 25349420 9763964835 10545121873 254481814 643007160 10144269324 11379654673 15326494 17675499 8900520914 10096582273 8915847408 10114257772 X 1228421916 1265396901 1228421916 1265396901 10144269324 11379654673 X 96291151 -59316166 X X false true true X false false false false false false false false false false false false false false false false false false false ADDITIONAL INFORMATION SCHEDULE C, PART IV PART 1-A, LINE 1: MODERN WOODMEN OF AMERICA ESTABLISHED AND MAINTAINS A SEPARATE SEGREGATED FUND (MODERN WOODMEN OF AMERICA POLITICAL ACTION COMMITTEE ("MWA-PAC") 1701 1ST AVENUE ROCK ISLAND, IL 61201 EIN:36-3304409) TO RECEIVE CONTRIBUTIONS AND MAKE EXPENDITURES IN POLITICAL CAMPAIGNS. CONTRIBUTIONS TO THE SEPARATE SEGREGATED FUND ARE MADE VIA AN INDIVIDUAL'S PERSONAL CHECK PAYABLE DIRECTLY TO MWA-PAC. false false false false false false false false false false 1150000 195245 1345245 15889021 55705599 34664239 36930381 11537826 5342726 6195100 44470726 BONDS 9179803079 F MORTGAGE LOANS 519505503 C COMMON STOCKS 480484459 F CERTIFICATE LOANS 188308666 C OTHER INVESTED ASSETS 177020166 F PREFERRED STOCK F WARRANTS F 10545121873 SECURITIES LENDING 395905072 SEPARATE ACCOUNTS 132275272 INVESTMENT INCOME DUE & ACCRUED 113199616 RECEIVABLE FROM SUBSIDIARIES & AFFIL 898661 AMOUNTS RECOVERABLE FROM REINSURERS 407575 UNCOLLECTED PREMIUMS 295300 MISCELLANEOUS ASSETS 25664 RECEIVABLES FOR SECURITIES 643007160 CONTRACT RESERVES 9297706478 SECURITIES LENDING 395905072 ASSET VALUATION RESERVE 157930720 SEPARATE ACCOUNTS 132275272 LIABILITY FOR BENEFITS FOR EMPLOYEES 34806928 OTHER LIABILITIES 17136986 PROVISION FOR REFUNDS PAYABLE 16900000 CONTRACT CLAIM LIABILITY 13248156 INTEREST MAINTENANCE EXPENSE 12617267 DRAFTS OUTSTANDING 11643284 PREMIUMS RECEIVED IN ADVANCE 6412110 10096582273 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV PART XI - LINE 8, OTHER OTHER ADJUSTMENTS INCLUDE CHANGE IN NONADMITTED ASSETS FOR STATUTORY PURPOSES OF (17,486,200) AND FRATERNAL BENEFIT RESERVE CHANGE OF 705. false CENTRAL AMERICA AND THE CARIBBEAN INVESTING EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTING 31400 31400 CENTRAL AMERICA AND THE CARIBBEAN 0 18,100 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 13,300 true LIFE & HEALTH INS FOUNDATION FOR E 1655 NORTH FORT MEYER DRIVE ARLINGTON VA 22209 521904610 6 16000 GENERAL SUPPORT UNITED WAY - QC 3247 EAST 35TH STREET CT DAVENPORT IA 52807 362725960 3 56828 GENERAL SUPPORT BOY SCOUTS OF AMERICA 4412 - N BRADY STREET DAVENPORT IA 52806 362616917 3 30000 CAPITAL CAMP/TOURNAM MIDWEST WRITING CENTER 225 E 2ND STREET DAVENPORT IA 52801 421126078 3 7000 WRITER'S CONFERENCE WESTERN ILLINOIS UNIVERSITY - QC 3561 - 60TH STREET MOLINE IL 61265 376046814 3 25000 TIERED CLASSROOM ILLINOIS QC CHAMBER OF COMMERCE 622 - 19TH STREET MOLINE IL 61265 362878405 6 30000 BLUEPRINT 2010 CAMP BETHANY FOR CHILDREN & FAMILIES 1830 - SIXTH AVENUE MOLINE IL 61265 362166973 3 7500 AWARDS CELEBRATION JUNIOR ACHIEVEMENT OF THE HEARTLAND 800 - 12TH AVENUE MOLINE IL 61265 362684253 3 11225 BIZTOWN MARTIN LUTHER KING CENTER 630 MARTIN LUTHER KING DRIVE ROCK ISLAND IL 61201 363100490 3 33000 EXPANSION/RENOVATION AUGUSTANA COLLEGE 639 - 38TH STREET ROCK ISLAND IL 61201 362166962 3 25000 OLD MAIN RENOVATION QUAD CITY BOTANICAL CENTER 2525 - 4TH AVENUE ROCK ISLAND IL 61201 363496537 3 25000 GARDEN EXPANSION QUAD CITY ARTS 1705 - 2ND AVENUE ROCK ISLAND IL 61201 363122824 3 8000 SUMMER YOUTH EMPLOYM FAMILY MUSEUM OF ARTS & SCIENCE 2900 LEARNING CAMPUS DRIVE BETTENDORF IA 52722 611508009 3 10000 NEW LEARNING ENVIRON SCOTT COUNTY Y 724 HARRISON STREET DAVENPORT IA 52801 376000511 3 7200 OPER MILITARY KIDS NATIONAL MILITARY FAMILY ASSOC 2500 N VAN DORN STREET SUITE 102 ALEXANDRIA VA 22302 520899384 3 30000 OPERATION PURPLE 13 2 SCHOLARSHIPS 259 441000 ORPHAN BENEFITS 36 105090 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 ALTHOUGH MODERN WOODMEN DOES NOT HAVE SPECIFIC PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS, IT DOES HAVE PROCEDURES IN PLACE TO DECIDE WHO RECEIVES GRANTS, CONTRIBUTIONS, SCHOLARSHIPS AND ORPHAN BENEFITS. ORGANIZATIONS ELIGIBLE TO RECEIVE CONTRIBUTIONS MUST BE A CHARITY OR 501 (C)3 ORGANIZATION. CONTRIBUTION RECIPIENTS ARE SELECTED BY A MODERN WOODMEN COMMITTEE OR BOARD OF DIRECTORS BASED ON ESTABLISHED CRITERIA. ELIGIBLE SCHOLARSHIP RECIPIENTS MUST BE BENEFICIAL MEMBERS OF MODERN WOODMEN AND ARE SELECTED BY AN INDEPENDENT COMMITTEE OR AT RANDOM BASED ON ESTABLISHED CRITERIA. SCHOLARSHIP CHECKS ARE MADE PAYABLE TO THE SCHOOL AND NOT THE INDIVIDUAL. ORPHAN BENEFITS ARE PROVIDED TO MEMBERS' CHILDREN OR JUNIOR MEMBERS WHO BECOME ORPHANED BEFORE THEIR 19TH BIRTHDAY. ELIGIBILITY REQUIREMENTS ARE ESTABLISHED BY THE BOARD OF DIRECTORS AND PAYMENTS ARE PAID ONLY TO LEGAL GUARDIANS. X X X X true true X X X false true false WILLIAM KENNETH MASSEY 811341 198500 40312 710671 9336 1770160 WILLIAM DAVID KELTNER 272975 109997 471030 4176 488299 15828 1358129 4176 ALBERT THURMAN HURST 239252 70258 429022 4433 346177 15828 1100537 4433 DARCY ANN CALLAS 407278 100753 29972 641043 9336 1188382 LARRY LYN SCHREIBER 356467 68320 19909 675245 7672 1127613 DENIS PATRICK PRIOR 332170 81438 22908 792295 9198 1238009 PATRICK JAMES BARNES 272478 53787 3174 533697 4523 867659 MICHAEL EDWARD DAU 287382 37800 2204 623437 9336 960159 ROSEMARY COSTELLO 266539 53000 3193 541158 4523 868413 GEORGE RAYMOND WORLEY 262276 52385 3003 374229 7672 699565 MICHAEL SCOTT ANDREWS 183633 26000 914 185460 6188 402195 PATRICK OMAR SAUNDERS 172823 33161 1320 203774 7672 418750 STEPHEN ALAN VANSPEYBROECK 145372 29417 2034 247436 7147 431406 DIANE ELIZABETH NAHRA 116676 32292 1336 1885 152189 SAMUEL G SAIED 79764 607546 38752 309243 15828 1012381 38752 DOUGLAS W GRENIER 57747 433094 119101 158524 19547 668912 119101 THOMAS J HOSMANEK 159941 34929 401993 8303 418472 8743 1024078 8303 DANIEL L LAWRENCE 169677 44341 347768 30816 263585 8743 834114 30816 JOSEPH A SZTAPKA 171654 51295 353587 12651 204985 19547 801068 12651 CHARLES ERNEST BEANE 268656 268656 GERALD PETER ODEAN 242884 242884 242884 NICHOLAS STEPHEN COIN 239885 239885 239885 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SCHEDULE J, PAGE 1, PART I, LINE 4 WILLIAM KENNETH MASSEY 0 586,473 0 WILLIAM DAVID KELTNER 0 223,808 0 ALBERT THURMAN HURST 0 151,631 0 DARCY ANN CALLAS 0 408,881 0 LARRY LYN SCHREIBER 0 421,533 0 DENIS PATRICK PRIOR 0 566,176 0 PATRICK JAMES BARNES 0 242,042 0 MICHAEL EDWARD DAU 0 371,331 0 ROSEMARY COSTELLO 0 261,740 0 GEORGE RAYMOND WORLEY 0 139,291 0 DIANE ELIZABETH NAHRA 0 985 0 SAMUEL G. SAIED 0 126,022 0 DOUGLAS W. GRENIER 0 37,812 0 THOMAS J. HOSMANEK 0 162,545 0 DANIEL L. LAWRENCE 0 84,606 0 JOSEPH A. SZTAPKA 0 73,280 0 OTHER ADDITIONAL INFORMATION SCHEDULE J, PART III PART I LINE 4B - VESTING RULES FOR NONQUALIFIED PLAN SUPPLEMENTAL BENEFITS DUE TO LIMITATIONS UNDER THE DEFINED BENEFIT PLAN BECOME AVAILABLE TO EMPLOYEES WHEN THEY ARE ELIGIBLE FOR EARLY OR NORMAL BENEFITS UNDER THE EMPLOYEES' RETIREMENT PLAN. EMPLOYEES MUST BE AT LEAST AGE 55 WITH 10 YEARS OF ACTIVE SERVICE OR AGE 65 WITH 5 YEARS OF ACTIVE SERVICE. THESE SUPPLEMENTAL BENEFITS BECOME 20% VESTED AFTER TWO YEARS OF ACTIVE SERVICE AND GRADUALLY INCREASE TO 100% VESTED AFTER 6 YEARS OF ACTIVE SERVICE. ALL OTHER ACCOMPLISHMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D FRATERNAL CHARACTER (754,806 MEMBERS) FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES FORM 990, PART V, LINE 4B OTHER COUNTRY CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE SOCIETY IS ORGANIZED AS A FRATERNAL BENEFIT SOCIETY WITH MEMBERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B RETURN IS PROVIDED TO GOVERNING BODY FOR FINAL REVIEW AFTER PREPARATION BY ACCOUNTING STAFF AND REVIEW BY CONTROLLER WITH THE ASSISTANCE OF AN EXTERNAL ACCOUNTING FIRM. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C YES - CONFLICT OF INTEREST, ETHICS AND EXTERNAL AUDITOR QUESTIONNAIRES ARE SENT OUT EVERY JANUARY TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES. THESE ARE RETURNED TO THE PRESIDENT FOR REVIEW. THIS INFORMATION, INCLUDING THE PRESIDENT'S INFORMATION, IS REVIEWED AT THE ANNUAL BOARD OF DIRECTORS MEETING EACH FEBRUARY. EACH EMPLOYEE IS ASKED TO PERIODICALLY ACKNOWLEDGE THEIR UNDERSTANDING OF MODERN WOODMEN OF AMERICA'S PRINCIPLES OF ETHICS. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A REVIEW AND APPROVAL OF COMPENSATION FOR THE PRESIDENT IS DETERMINED ANNUALLY BASED ON THE RECOMMENDATION OF THE BOARD'S COMPENSATION COMMITTEE, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW INCLUDES PARTICIPATION AND REVIEW OF ANNUAL SALARY SURVEYS FOR SIMILARLY SITUATED INDIVIDUALS AND A REVIEW OF INDUSTRY COMPENSATION EXHIBITS. THE PRESIDENT IS NOT INCLUDED IN THE REVIEW AND APPROVAL PROCESS. POSITION - PRESIDENT COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B REVIEW AND APPROVAL OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OTHER THAN THE PRESIDENT IS RECOMMENDED ANNUALLY BY MANAGEMENT, REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD AND APPROVED BY THE BOARD OF DIRECTORS. THE REVIEW INCLUDES PARTICIPATION AND REVIEW OF INDUSTRY COMPENSATION EXHIBITS. POSITIONS - NATIONAL SECRETARY, TREASURER, GENERAL COUNSEL, CHIEF RISK OFFICER, CHIEF ACTUARY, CHIEF MARKETING OFFICER, CHIEF AGENCY OFFICER, ASSISTANT NATIONAL SECRETARY, FRATERNAL DIRECTOR, MANAGER OF HUMAN RESOURCES, CONTROLLER GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE. CERTAIN INFORMATION IS AVAILABLE THROUGH THE DEPARTMENT OF INSURANCE, ON OUR WEBSITE, AND IN OUR MEMBER PUBLICATION. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS ARE DUE TO CHANGES IN NET UNREALIZED CAPITAL GAINS, NONADMITTED ASSETS, ASSET VALUATION RESERVES, FRATERNAL BENEFIT RESERVES, AND ADDITIONAL MINIMUM PENSION AND OTHER BENEFIT LIABILITIES. CHANGE IN ACCOUNTING METHOD EXPLANATION FORM 990, PAGE 12, PART XII, LINE 1 THE FINANCIAL STATEMENTS AND TAX RETURN ARE PREPARED ON THE BASIS OF ACCOUNTING PRACTICES PRESCRIBED OR PERMITTED BY THE ILLINOIS DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION - DIVISION OF INSURANCE (STATUTORY ACCOUNTING PRACTICES). BLACKROCK INTERNATIONAL DELAWARE BU 222 BROADWAY 25TH FLOOR NEW YORK NY 10038 367045725 INVESTING DE N/A EXCLUDED 976746 16234914 false false HUDSON CLEAN ENERGY PARTNERS 400 FRANK BURR BOULEVARD SUITE 37 TEANECK NJ 07666 263202466 INVESTING N/A EXCLUDED 70987 6187636 false false OFI INSTITUTIONAL DISCOVERY SMALL C 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112 680577323 INVESTING DE N/A EXCLUDED 2573177 20709938 false false MWABANK 1701 - FIRST AVENUE ROCK ISLAND IL 61201 352189783 FED SAV BK IL NA C CORP 11839765 247090742 1.00000 MWA FINANCIAL SERVICES 1701 - FIRST AVENUE ROCK ISLAND IL 61201 364420471 BROKR/DEAL IL NA C CORP 5574431 1990378 1.00000 MWAGIA 1701 - FIRST AVENUE ROCK ISLAND IL 61201 371414457 CONT ADMIN IL MWA FIN SV C CORP 1948335 366507 1.00000 true true false false false false false false false false false false true false true true false true MWA FINANCIAL SERVICES A 92820 MWABANK A 77256 MWAGIA A 11700 MWABANK A 50496 MWA FINANCIAL SERVICES B 1600000 MWABANK B 1000000 HUDSON CLEAN ENERGY PARTNERS B 1632249 K1 MWA FINANCIAL SERVICES P 1574545 MWABANK P 2555719 MWAGIA P 371228 OFI INSTITUTIONAL DISCOVERY SMALL C R 182961 K1 HUDSON CLEAN ENERGY PARTNERS R 966984 K1 BLACKROCK R 5000000 K1 MWA FINANCIAL SERVICES A 92820 MWABANK A 77256 MWAGIA A 11700 MWABANK A 50496 MWA FINANCIAL SERVICES B 1600000 MWABANK B 1000000 HUDSON CLEAN ENERGY PARTNERS B 1632249 K1 MWA FINANCIAL SERVICES P 1574545 MWABANK P 2555719 MWAGIA P 371228 OFI INSTITUTIONAL DISCOVERY SMALL C R 182961 K1 HUDSON CLEAN ENERGY PARTNERS R 966984 K1 BLACKROCK R 5000000 K1 MWA FINANCIAL SERVICES A 92820 MWABANK A 77256 MWAGIA A 11700 MWABANK A 50496 MWA FINANCIAL SERVICES B 1600000 MWABANK B 1000000 HUDSON CLEAN ENERGY PARTNERS B 1632249 K1 MWA FINANCIAL SERVICES P 1574545 MWABANK P 2555719 MWAGIA P 371228 OFI INSTITUTIONAL DISCOVERY SMALL C R 182961 K1 HUDSON CLEAN ENERGY PARTNERS R 966984 K1 BLACKROCK R 5000000 K1