Hermann Sons Life FY2019 filing

Tax-deductible

San Antonio, TX501(c)(8)Since 1891EIN 74-0817310Revenue $22.9M in FY2019

On file with the IRShermannsonslife.orgPo Box 1941, 78297-1941 · San Antonio, TXTax-exempt since May 1940

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Fraternal benefit society - Hermann Sons life's mission is to strengthen community through financial protection and service.

501(c)(8) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$826K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2019 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(8)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $1.6M a year · 7% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$826K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$240.6M
93% of total assets
Concern: liabilities are 93% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$22.9M
Spent
$22.7M
To programs
100%
Net assets
$19.2M
By yearFY2019–FY2024
Revenue
$22.9M
FY2019
Tap a bar for its year
Revenue by fiscal year
FY2019$22.9M
FY2020$22.6M
FY2021$23.7M
FY2022$22.6M
FY2023$19.0M
FY2024$21.2M
Expenses
$22.7M
FY2019
Tap a bar for its year
Expenses by fiscal year
FY2019$22.7M
FY2020$22.7M
FY2021$27.1M
FY2022$24.1M
FY2023$22.9M
FY2024$22.3M
Net assets
$19.2M
FY2019
Tap a bar for its year
Net assets by fiscal year
FY2019$19.2M
FY2020$18.8M
FY2021$13.1M
FY2022$8.8M
FY2023$6.5M
FY2024$19.7M

From the FY2019 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2019 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $22.7M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990; $826K paid to officers and key staff.

Part VII, Section A · reportable compensation
VP of Operations and COO
$148,961Pt VII · Sec A
President and CEO
$137,001Pt VII · Sec A
Vice President of Finance and CFO
$129,594Pt VII · Sec A
Vice President of Member Benefits
$129,438Pt VII · Sec A
Vice President of Information Technology
$127,918Pt VII · Sec A
Vice President of Sales
$121,028Pt VII · Sec A
Director - Chair Person
$6,000Pt VII · Sec A
$5,200Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Robin L Czarnek$175,806$166,761$136,003$88,729——
Eugene Zollinger——$131,321$157,948$148,937$137,001
Samantha J Schulmeier————$129,589$148,961
Mary Pruitt——$142,374$145,529$120,782—
Teresa Saathoff$143,634$141,342$105,587———
Cecily Kelly$140,742$137,807$125,831———
Matthew R Walker———$140,428$125,629$127,918
Samantha Kelley$138,907$131,092$133,833$135,576——

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial protection and community service to members.

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Provided by the organization

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3 programs · $22.7M · in their own filed words · FY2019
01

Insurance Benefit Programs

Fraternal insurance - 67,111 members in 136 fraternal lodges and 72,713 certificates providing death, endowment and annuity benefits.

$22.7Mprogram expense
02

Youth Activities

Two camps available for junior members to attend one week during the summer months for age 9 to 13. Campers participate in variety of fund and challenging activities. The program emphasize on strong community and developing social interaction skills through activities, group seating, family-style meals, etc.

Pt IX · col B
03

Hermann Sons Life Retirement Home

Provides independent living community for eligible members over the age of 65. The residents are provided with complete needs of room and board.

Pt IX · col B

By the numbers

The FY2019 990, line by line.

1The main four
Money inPt VIII
$22.9M
Ln 12
Investment incomeLn 3$13.5M
Fees for servicesLn 2g$9.4M
Gifts and grantsLn 1h$15K
Money outPt IX
$22.7M
Ln 25
Programscol B$22.7M
Owns and owesPt X
$19.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$259.8M
LiabilitiesLn 26$240.6M
PeoplePt VI, VII
12
listed · VII A
PaidVII A12
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$15K
Fees for servicesLn 2g$9.4M
Investment incomeLn 3$13.5M
Gains on assetsLn 7$503K
Total revenueLn 12$22.9M
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$2.4M
Cash and savings togetherLn 1–2$2.4M
InvestmentsLn 11–13$244.2M
Land, buildings, equipmentLn 10c$4.4M
Other assetsLn 15$3.2M
Total assetsLn 16$259.8M
LiabilitiesLn 26$240.6M
Net assetsLn 32$19.2M
OperationsPt I, VI
EmployeesI 5252
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY19End FY19
Cash and savingsLn 1–2$2.9M$2.4M
InvestmentsLn 11–13$244.4M$244.2M
Land, buildings, equipmentLn 10c$4.5M$4.4M
Total assetsLn 16$260.6M$259.8M
LiabilitiesLn 26$243.1M$240.6M
Net assetsLn 32$17.6M$19.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$15.6M$15.6M
Pay of current officers, directors and key staffLn 5$826K$826K$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$1.4M$1.4M$0$0
Pension plan contributionsLn 8$112K$112K$0$0
Other employee benefitsLn 9$426K$426K$0$0
Payroll taxesLn 10$234K$234K$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$21K$21K$0$0
Accounting feesLn 11c$9K$9K$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$3K$3K$0$0
Advertising and promotionLn 12$19K$19K$0$0
Office expensesLn 13$254K$254K$0$0
Information technologyLn 14$58K$58K$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$232K$232K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$90K$90K$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$45K$45K$0$0
InsuranceLn 23$27K$27K$0$0
Other expenses (24a–d)Ln 24$2.5M$2.5M$0$0
All other expensesLn 24e$791K$791K$0$0
Total functional expensesLn 25$22.7M$22.7M$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $21.2M$22.3M−$1.1M$19.7M 990 PDF
FY2023 $19.0M$22.9M−$3.9M$6.5M 990 PDF
FY2022 $22.6M$24.1M−$1.4M$8.8M 990 PDF
FY2021 $23.7M$27.1M−$3.3M$13.1M 990 PDF
FY2020 $22.6M$22.7M−$123K$18.8M 990 PDF
FY2019 Viewing $22.9M$22.7M$272K$19.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2019 990 (6 parts)
Part I · Summary $22,932,577 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $17,798$14,568
I-9 Program service revenuePrior year $9,847,834$9,400,904
I-10 Investment incomePrior year $13,674,666$13,517,105
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $23,540,298$22,932,577
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $16,290,561$15,559,174
I-15 Salaries and benefitsPrior year $3,144,450$3,044,058
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,939,388$4,057,705
I-18 Total expensesPrior year $23,374,399$22,660,937
I-19 Revenue less expensesPrior year $165,899$271,640
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $22,932,577 across 8 lines filed
VIII-1f All other contributions, gifts and grants$14,568
VIII-1h Total contributions, gifts and grants$14,568
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,400,904 · Unrelated business $0 · Excluded from tax $0$9,400,904
VIII-3 Investment incomeRelated to mission $13,014,266 · Unrelated business $0 · Excluded from tax $0$13,014,266
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $502,839 · Unrelated business $0 · Excluded from tax $0$502,839
VIII-12 Total revenueRelated to mission $22,918,009 · Unrelated business $0 · Excluded from tax $0$22,932,577
Part IX · Statement of functional expenses $22,660,937 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $15,559,174$15,559,174
IX-5 Pay of current officers, directors and key staffPrograms $825,940 · Management $0 · Fundraising $0$825,940
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $1,447,017 · Management $0 · Fundraising $0$1,447,017
IX-8 Pension plan contributionsPrograms $111,583 · Management $0 · Fundraising $0$111,583
IX-9 Other employee benefitsPrograms $425,832 · Management $0 · Fundraising $0$425,832
IX-10 Payroll taxesPrograms $233,686 · Management $0 · Fundraising $0$233,686
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $20,802 · Management $0 · Fundraising $0$20,802
IX-11c Accounting feesPrograms $9,093 · Management $0 · Fundraising $0$9,093
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $3,351 · Management $0 · Fundraising $0$3,351
IX-12 Advertising and promotionPrograms $19,066 · Management $0 · Fundraising $0$19,066
IX-13 Office expensesPrograms $253,595 · Management $0 · Fundraising $0$253,595
IX-14 Information technologyPrograms $57,583 · Management $0 · Fundraising $0$57,583
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $231,816 · Management $0 · Fundraising $0$231,816
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $90,000 · Management $0 · Fundraising $0$90,000
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $44,985 · Management $0 · Fundraising $0$44,985
IX-23 InsurancePrograms $27,094 · Management $0 · Fundraising $0$27,094
IX-24 Other expenses (24a–d)Programs $2,509,271 · Management $0 · Fundraising $0$2,509,271
IX-24e All other expensesPrograms $791,049 · Management $0 · Fundraising $0$791,049
IX-25 Total functional expensesPrograms $22,660,937 · Management $0 · Fundraising $0$22,660,937
Part X · Balance sheet $259,796,069 assets, 22 lines filed
Asset lines not itemized here account for $5,569,080; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,800$1,800
X-2 Savings and temporary cash investmentsStart of year $2,920,468$2,432,454
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $4,492,191$4,382,890
X-11 Publicly traded securitiesStart of year $234,468,972$234,588,744
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $9,884,358$9,594,999
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $3,257,347$3,226,102
X-16 Total assetsStart of year $260,613,120$259,796,069
X-17 Accounts payable and accrued expensesStart of year $666,190$685,589
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $242,293,242$239,827,446
X-26 Total liabilitiesStart of year $243,057,391$240,607,823
X-32 Total net assets or fund balancesStart of year $17,555,729$19,188,246
X-33 Total liabilities and net assetsStart of year $260,613,120$259,796,069
Part XI · Reconciliation of net assets $19,188,246 net assets at year end
XI-1 Total revenue$22,932,577
XI-2 Total expenses$22,660,937
XI-3 Revenue less expenses$271,640
XI-4 Net assets at start of year$17,555,729
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$1,360,877
XI-10 Net assets at end of year$19,188,246

Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File

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