2011-11-15T10:25:24-06:00 2010-12-31 990 2010-01-01 361493430 MODERN WOODMEN OF AMERICA MODE 3097866481 1701 FIRST AVENUE ROCK ISLAND IL 61201 DENIS P PRIOR 3097866481 2011-11-14 2010 2016-03-07 17:11:31Z DENIS P PRIOR 1701 1ST AVENUE ROCK ISLAND IL 61201 1607521756 false X WWW.MODERN-WOODMEN.ORG X 1883 IL TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS. 9 3 2231 188087 132281 0 1412165818 1607351627 0 179693 170129 1412345511 1607521756 1058079 1203980 1208810402 1341352396 56098840 59042627 0 0 116547309 126295186 1382514630 1527894189 29830881 79627567 9266004700 10144269324 8129557364 8915847408 1136447336 1228421916 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. (754,806 MEMBERS) FRATERNAL BENEFITS (8,428 BENEFICIARIES) YOUTH COMMUNITY SERVICE PROGRAMS: YOUTH ACTIVITIES AND PROGRAMS (11,513 ACTIVITIES) FRATERNAL CHARACTER (754,806 MEMBERS) false false true false false false false false false true false true false 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 60019 0 true 2231 true true true true OC false false false false false false false false X 9 3 false false false false true true false true true false true true true true true true false true true true true false X DENIS P PRIOR 3097866481 1701 1ST AVENUE ROCK ISLAND IL 61201 WILLIAM KENNETH MASSEY 40.00 X X 975973 0 541407 WILLIAM DAVID KELTNER 40.00 X 706982 5048 355782 ALBERT THURMAN HURST 40.00 X 703796 3628 442668 NICHOLAS STEPHEN COIN 40.00 X X 611820 0 505191 DARCY ANN CALLAS 40.00 X X 506277 0 514523 DENIS PATRICK PRIOR 40.00 X X 392119 0 801424 ROBERT CLARENCE POLLEX 5.00 X 41904 0 0 JERRY FRANKLIN HARBAUGH 5.00 X 41881 0 0 DAVID BRUCE EMRICK 5.00 X 41595 0 0 LARRY LYN SCHREIBER 40.00 X 402522 0 412850 PATRICK JAMES BARNES 40.00 X 313423 0 418590 ROSEMARY COSTELLO 40.00 X 309241 0 358133 GEORGE RAYMOND WORLEY 40.00 X 302426 0 291106 PATRICK OMAR SAUNDERS 40.00 X 174071 0 175855 STEPHEN ALAN VANSPEYBROECK 40.00 X 163146 0 101334 DIANE ELIZABETH NAHRA 40.00 X 241212 0 162302 DOUGLAS W GRENIER 40.00 X 540981 109780 147101 THEODORE HEIDRICH JR 40.00 X 550121 28610 182475 THOMAS J HOSMANEK 40.00 X 569138 8130 322605 KENNY D JACKSON 40.00 X 545410 13494 184274 DANIEL L LAWRENCE 40.00 X 517352 21573 200350 CLYDE CURTIS SCHOECK X 491547 0 0 CHARLES ERNEST BEANE X 247828 0 0 GERALD PETER ODEAN X 240144 0 0 9630909 190263 6117970 258 true true false ERNST & YOUNG 801 GRAND AVENUE SUITE 3000 DES MOINES IA 50309 AUDIT 311500 SE2 5801 SW SIXTH AVENUE TOPEKA KS 66636 VA PRODUCT MGMT 284983 AON CONSULTING PO BOX 905188 CHARLOTTE NC 28290 ACTUARIAL 181275 MINDFIRE COMMUNICATIONS INC 3602 CARIBOU COURT NE CEDAR RAPIDS IA 52402 DESIGN CONSLTNG 170302 GREGORY B SCHAEFFER 2315 30TH AVENUE KENOSHA WI 53144 145383 7 PREMIUMS & OTHER RECEIPTS 524113 1079164253 1079164253 GROSS INVESTMENT INCOME 524113 528404349 528404349 PRINTING INCOME 323100 17958 17958 OTHER INCOME 524113 -234933 -234933 1607351627 CIMARRON PARTNERS LP 900099 168971 168971 NORTHSTAR MEZZANINE FD PT IV 900099 20403 20403 MIDWEST MEZZANINE FUND IV 900099 7665 7665 -26910 -26910 170129 1607521756 1607333669 188087 631805 572175 1341352396 5035926 27772729 9827650 10110223 6296099 261974 393550 2000331 6059385 2104747 5290661 596648 1941741 3062531 314679 COMMISSIONS 64884508 CAMP ADMIN & ACTIVITIES 11717592 FIELD EXPENSE ALLOWANCE 8910928 MISCELLANEOUS EXPENSES 6167973 TRANSF TO SEPARATE ACCTS 4297382 8290556 1527894189 0 0 0 979893 3880549 78708835 61808693 77799069 40371700 36820137 37427369 21291017 22706064 8910881419 9763964835 217323399 254481814 9266004700 10144269324 13132641 15326494 8116424723 8900520914 8129557364 8915847408 X 1136447336 1228421916 1136447336 1228421916 9266004700 10144269324 X 79627567 12347013 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 10402278 55702989 32757964 33347303 10348557 7613736 2734821 37427369 BONDS 8351802600 F MORTGAGE LOANS 562692061 C COMMON STOCKS 477410060 F CERTIFICATE LOANS 192998417 C OTHER INVESTED ASSETS 157519294 F PREFERRED STOCK 21502500 F WARRANTS 39903 F 9763964835 CONTRACT RESERVES 8512745282 ASSET VALUATION RESERVE 142170294 SEPARATE ACCOUNTS 138488353 LIABILITY FOR BENEFITS FOR EMPLOYEES 32414010 PROVISION FOR REFUNDS PAYABLE 16800000 OTHER LIABILITIES 14839542 CONTRACT CLAIM LIABILITY 13379521 INTEREST MAINTENANCE EXPENSE 11641618 DRAFTS OUTSTANDING 11444720 PREMIUMS RECEIVED IN ADVANCE 6597574 8900520914 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 (6,192,249) AND FRATERNAL BENEFIT RESERVE CHANGE OF (23,318). false CENTRAL AMERICA AND THE CARIBBEAN INVESTING 7339 EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTING 13027 20366 20366 true LIFE & HEALTH INS FOUNDATION FOR E 1655 NORTH FORT MEYER DRIVE ARLINGTON VA 22209 521904610 6 15000 GENERAL SUPPORT HABITAT FOR HUMANITY 2235 - GRANT STREET BETTENDORF IA 52722 421404937 3 20000 CAPITAL CAMPAIGN UNITED WAY - QC 3247 EAST 35TH STREET CT DAVENPORT IA 52807 362725960 3 52855 GENERAL SUPPORT HONOR FLIGHT OF THE QUAD CITIES 4130 NORTHWEST BLVD DAVENPORT IA 52806 262958726 3 50950 VETERANS FLIGHT BOY SCOUTS OF AMERICA 4412 - N BRADY STREET DAVENPORT IA 52806 362616917 3 30000 CONSTRUCTION/TOURNAM CENTER FOR ACTIVE SENIORS 1035 W KIMBERLY ROAD DAVENPORT IA 52806 421011267 3 10000 PARKING LOT RESURFAC BIG BROTHERSSISTERS 131 WEST 3RD STREET SUITE M-13 DAVENPORT IA 52801 421320908 3 7500 YOUTH MENTORING 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 BOYS & GIRLS CLUBS - MISS VALLEY 338 - 6TH STREET MOLINE IL 61265 363838421 3 25000 TEEN CENTER ILLINOIS QC CHAMBER OF COMMERCE 622 - 19TH STREET MOLINE IL 61265 362878405 6 15000 BLUEPRINT 2010 CAMP WQPT QUAD CITIES PBS 3800 AVE OF THE CITIES SUITE 101 MOLINE IL 61265 376046814 3 11500 TECHNOLOGY UPGRADE CHRISTIAN FRIENDLINESS YOUTHHOPE 3928 - 12TH AVENUE MOLINE IL 61265 362193602 3 10000 YOUTH CTR RENOVATION BETHANY FOR CHILDREN & FAMILIES 1830 - SIXTH AVENUE MOLINE IL 61265 362166973 3 7500 DOO WOP/ROCK CONCERT JUNIOR ACHIEVEMENT OF THE HEARTLAND 800 - 12TH AVENUE MOLINE IL 61265 362684253 3 6000 BIZTOWN MOUNT VERNON LADIES ASSOC PO BOX 110 MOUNT VERNON VA 22121 540567701 3 15000 GENERAL SUPPORT MARTIN LUTHER KING CENTER 630 MARTIN LUTHER KING DRIVE ROCK ISLAND IL 61201 363100490 3 34000 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 CHURCHES UNITED OF QC AREA 630 - 9TH STREET ROCK ISLAND IL 61201 362480784 3 6220 WINNIE'S PLACE REPAI BALLET QUAD CITIES 613 - 17TH STREET ROCK ISLAND IL 61201 421366753 3 13222 COST PRINTING PROGRAMS NATIONAL AIR & SPACE MUSEUM 14390 AIR SPACE MUSEUM PARKWAY CHANTILLY VA 20151 530206027 3 40000 GENERAL SUPPORT 21 2 SCHOLARSHIPS 258 452375 ORPHAN BENEFITS 38 119800 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 SELECTION 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 760956 181000 34017 532071 9336 1517380 WILLIAM DAVID KELTNER 248766 63793 394423 5048 339954 15828 1062764 5048 ALBERT THURMAN HURST 260334 68465 374997 3628 426840 15828 1146464 3628 NICHOLAS STEPHEN COIN 471130 115483 25207 497519 7672 1117011 DARCY ANN CALLAS 385547 94504 26226 505187 9336 1020800 DENIS PATRICK PRIOR 304758 71438 15923 793752 7672 1193543 LARRY LYN SCHREIBER 329990 66320 6212 405178 7672 815372 PATRICK JAMES BARNES 259090 51000 3333 414067 4523 732013 ROSEMARY COSTELLO 255847 50600 2794 353610 4523 667374 GEORGE RAYMOND WORLEY 249622 50000 2804 283434 7672 593532 PATRICK OMAR SAUNDERS 145541 27000 1530 168183 7672 349926 STEPHEN ALAN VANSPEYBROECK 135474 26550 1122 93662 7672 264480 DIANE ELIZABETH NAHRA 208693 31225 1294 157779 4523 403514 DOUGLAS W GRENIER 54375 486606 109780 127554 19547 688082 109780 THEODORE HEIDRICH JR 141089 25321 383711 28610 166647 15828 732596 28610 THOMAS J HOSMANEK 141657 2595 424886 8130 313862 8743 891743 8130 KENNY D JACKSON 144362 44585 356463 13494 164727 19547 729684 13494 DANIEL L LAWRENCE 161494 38914 316944 21573 191607 8743 717702 21573 CLYDE CURTIS SCHOECK 491547 491547 CHARLES ERNEST BEANE 247828 247828 GERALD PETER ODEAN 240144 240144 240144 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SCHEDULE J, PAGE 1, PART I, LINE 4 WILLIAM KENNETH MASSEY 0 408,070 0 WILLIAM DAVID KELTNER 0 175,890 0 ALBERT THURMAN HURST 0 241,653 0 NICHOLAS STEPHEN COIN 0 442,205 0 DARCY ANN CALLAS 0 264,964 0 DENIS PATRICK PRIOR 0 601,820 0 LARRY LYN SCHREIBER 0 139,369 0 PATRICK JAMES BARNES 0 94,818 0 ROSEMARY COSTELLO 0 117,973 0 GEORGE RAYMOND WORLEY 0 40,093 0 DOUGLAS W. GRENIER 0 44,843 0 THEODORE HEIDRICH JR. 0 75,124 0 THOMAS J. HOSMANEK 0 144,550 0 KENNY D. JACKSON 0 63,108 0 DANIEL L. LAWRENCE 0 64,124 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 ACHIEVEMENTS 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. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE SOCIETY HAS A REPRESENTATIVE FORM OF GOVERNMENT. AN ASSEMBLY OF BENEFICIAL MEMBER DELEGATES ELECTED VIA INTERMEDIATE ASSEMBLIES WAS CONVENED IN 2010 AND ELECTED THE BOARD OF DIRECTORS. POLICIES AND PROCEDURES GOVERNING CHAPTERS FORM 990, PAGE 6, PART VI, LINE 10B YES 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 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, AND FRATERNAL BENEFIT RESERVES. CHANGE IN ACCOUNTING METHOD EXPLANATION FORM 990, PAGE 12, PART XII, LINE 1 THE FINANCIAL STATMENTS 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 2811268 24263264 false false HUDSON CLEAN ENERGY PARTNERS 400 FRANK BURR BOULEVARD SUITE 37 TEANECK NJ 07666 263202466 INVESTING N/A EXCLUDED 1095657 5483772 false false OFI INSTITUTIONAL DISCOVERY SMALL C 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112 680577323 INVESTING DE N/A EXCLUDED 2457665 20376163 false false MWABANK 1701 - FIRST AVENUE ROCK ISLAND IL 61201 352189783 FED SAV BK IL NA C CORP 11673403 241104594 1.00000 MWA FINANCIAL SERVICES 1701 - FIRST AVENUE ROCK ISLAND IL 61201 364420471 BROKR/DEAL IL NA C CORP 4455384 1655435 1.00000 MWAGIA 1701 - FIRST AVENUE ROCK ISLAND IL 61201 371414457 CONT ADMIN IL MWA FIN SV C CORP 1894537 267457 1.00000 true true false false false false false false false false false false true false true true false true MWA FINANCIAL SERVICES A 92355 MWABANK A 76806 MWAGIA A 11790 MWABANK A 76992 MWA FINANCIAL SERVICES B 1500000 MWABANK B 1000000 HUDSON CLEAN ENERGY PARTNERS B 2077173 K1 MWA FINANCIAL SERVICES P 1494957 MWABANK P 2339289 MWAGIA P 362701 OFI INSTITUTIONAL DISCOVERY SMALL C R 138054 K1 HUDSON CLEAN ENERGY PARTNERS R 2497704 K1 MWA FINANCIAL SERVICES A 92355 MWABANK A 76806 MWAGIA A 11790 MWABANK A 76992 MWA FINANCIAL SERVICES B 1500000 MWABANK B 1000000 HUDSON CLEAN ENERGY PARTNERS B 2077173 K1 MWA FINANCIAL SERVICES P 1494957 MWABANK P 2339289 MWAGIA P 362701 OFI INSTITUTIONAL DISCOVERY SMALL C R 138054 K1 HUDSON CLEAN ENERGY PARTNERS R 2497704 K1