Woman's Life Insurance Society

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

10 people listed

CHRISTOPHER J MARTIN (NATIONAL PRESIDENT): $208,480 total reported compensation
NICHOLAS J RADOSTA (DIR, SALES & AGENCY DEVELOPMENT): $136,585 total reported compensation
JANET J CARMODY (NATIONAL SECRETARY): $121,053 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Provide life or other benefits to members or their dependents and promotion of fraternal bond.

Provision of services and funds to members and local units for the promotion of fraternal activities (22,623 members in 138 local units).

Revenue model: Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail

Operating margin: -14.8%; rating input score 7; 7th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings

Program expense growth: Limited
Revenue growth: -1.5% per year; rating input score 0; 5th percentile among comparable filings
Asset growth: -2.2% per year; rating input score 0; 5th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 7 board members independent · 4 of 9 filing controls reported
Programs: 2 filed program accomplishments
Leadership: top reported pay $208K · 10 people listed · 1 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $136K reported
Consistency: 10 of 10 current checks pass
Schedules: 4 filed schedules · includes grants and executive pay
Filing history: 15 filing years from 2010 to 2024
Contacts: How to reach this organization
Money network: 10 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.