Compensation 990

Betterlife

Fiscal year ending 2021. Filed on November 14, 2022.

6522 Grand Teton Plaza
3rd Floor
Madison, Wisconsin 53719

Betterlife (EIN: 42-0594470) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, Betterlife, a 501(c)(8) fraternal beneficiary society, reported compensation for 18 out of 148 total employees. Among the employees shown here, the average compensation is $182,245. The highest compensated employee at Betterlife is Daniel L Shinnick with fiscal year 2021 compensation of $498,094. Betterlife changed its name from Western Fraternal Life Association in 2021.

Revenue, expenses, and employee compensation

Revenue

$59,441,063

Expenses

$61,498,031

Employee compensation

$7,973,923
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Daniel L Shinnick
Board Chair and Chief Executive Officer
$498,094
$402,925 from orgNo related comp$95,169 other
Craig A van Dyke
President/Chief Investment Officer
$366,742
$292,198 from orgNo related comp$74,544 other
Steven G Reindl
Svp-Finance/Treasurer
$282,652
$226,789 from orgNo related comp$55,863 other
Jared M Bruley
Svp-Member Acquisition
$228,342
$181,308 from orgNo related comp$47,034 other
Anne D Rogers
Codirector-Member Engagement/Member Engagement Lead
$213,137
$143,043 from orgNo related comp$70,094 other
Donald M Nieland
Svp-It/Secretary
$195,153
$150,268 from orgNo related comp$44,885 other
Jenna M Dunker
Svp-Merger Integration/Svp-Finance and Treasurer
$181,662
$149,053 from orgNo related comp$32,609 other
Ellie H Roekle
Vice President, Human Resources
$178,840
$129,430 from orgNo related comp$49,410 other
Jack H Minder Jr
Vice President, Finance
$177,997
$153,743 from orgNo related comp$24,254 other
Angel L Thomas
Svp-Member Experience
$173,641
$152,260 from orgNo related comp$21,381 other
Nicolas O McCullick
Director-Management Support Services
$146,480
$134,746 from orgNo related comp$11,734 other
Ann B Freeman
Senior Vice President and Chief Underwriter
$133,594
$131,184 from orgNo related comp$2,410 other

Non-Employee Board Members

John T McHugh Jr
Independent Director
$79,996
$40,000 from orgNo related comp$39,996 other
Michael S Hosek
Independent Director
$40,000
$40,000 from orgNo related compNo other comp
Maureen O'Hern Hahn
Independent Director
$40,000
$40,000 from orgNo related compNo other comp
Thomas R Johnson
Independent Director
$40,000
$40,000 from orgNo related compNo other comp
Brenda L Stone
Independent Director
$40,000
$40,000 from orgNo related compNo other comp
Nancy Nelson Heykes
Independent Director
$40,000
$40,000 from orgNo related compNo other comp
Duane J Jirik
Independent Director
$40,000
$40,000 from orgNo related compNo other comp

Mission Statement

Fraternal Benefit Society - As a fraternal benefit insurance society, our mission is to help our members protect their families' financial futures, build better lives, and better their communities.

Revisions to this organization profile

June 11, 2024:
2023 Betterlife 990 filed
July 17, 2023:
2022 Betterlife 990 filed
November 14, 2022:
2021 Betterlife 990 filed

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