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Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Offers insurance and fraternal programs that strengthen members, improve communities, and support charitable causes. For fiscal year 2024 it reported $63.5M in revenue, $69.2M in expenses, and $60.2M in net assets.Pt I
- Founded
- 1897
- Type
- Cemetery / fraternal · Nonprofit
- Location
- Madison, WI
- Website
- www.betterlifeins.com
- Filings
- 5 on file (2020–2024)
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What Funders Ask
Will my donation be tax-deductible?
GOODYes — A fraternal beneficiary society.
IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →
Can I donate to this org right now?
GOODNo revocation on IRS record
This EIN does not appear on the IRS auto-revocation list. See detail →
Is this organization up to date?
GOODFiled FY2024 (typical filing lag)
Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →
Is it receiving grants from reputable foundations?
NEUTRALNo foundation grants on file
No Schedule I/Schedule R grants from other foundations are on file for this EIN. See detail →
How is the money spent?
CRITICAL0% to programs
0% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →
What's its financial size and trend?
NEUTRAL$10–100M · ↓ -1% vs prior year
Revenue band $10–100M, -1% versus the prior filing year (down). See detail →
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Christopher Campbell | $555,540 | $315,824 | — | — | — |
| Daniel L Shinnick | $43,470 | $372,461 | $403,696 | $402,925 | — |
| Craig a Van Dyke | $228,042 | $364,162 | $334,014 | $292,198 | — |
| Matthew P Mikulcik | $301,443 | — | — | — | — |
| Derek J Metcalf | $270,707 | $24,138 | — | — | — |
| Craig Van Dyke | — | — | — | — | $260,317 |
| Steven G Reindl | — | — | $116,744 | $226,789 | — |
| Angel L Thomas | $211,170 | $178,152 | $156,177 | $152,260 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Insurance Activities
The primary purpose of the insurance activities of BetterLife is to accomplish the tax-exempt purpose of the fraternal benefit society rather than to produce income. Number of members: 55,187
Fraternal Actvities and Programs
BetterLife provides activity funding to fraternal groups, varying in amount. Funds support various initiatives: A. Community Benefit: BetterLife members organize projects aiding scholarship programs, blood drives, and more. B. Fundraisers and Matching Funds: Grants are offered for fundraising events supporting members in need. C.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Overhead ratio | 0% | — | — |
| Revenue growth | -1% | — | — |
| Investment management fee ratio | 0.1% | — | — |
| Legal fee ratio | 0.4% | — | — |
| Accounting fee ratio | 0.8% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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