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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Independent Order of Foresters

Independent Order of Foresters

Fiscal year ending 2023. Filed on November 14, 2024.

789 Don Mills Road
16th Floor
Toronto, Canada

Independent Order of Foresters (EIN: 98-0000680) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Independent Order of Foresters, a 501(c)(8) fraternal beneficiary society, reported compensation for 55 out of 81 total employees. Among the employees shown here, the average compensation is $329,610. The highest compensated employee at Independent Order of Foresters is Louis Gagnon with fiscal year 2023 compensation of $3,277,036.

Revenue, expenses, and employee compensation

Revenue

$928,907,905

Expenses

$814,587,687

Employee compensation

$87,633,490
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Louis Gagnon
President and Chief Executive Officer
$3,277,036
$3,277,036 No related compNo other comp
Matthew Berman
President, Foresters US and Canada
$1,435,641
$1,435,641 No related compNo other comp
Alvin Sharma
Global Chief Financial Officer and Chief Actuary
$716,824
$716,824 No related compNo other comp
Mehul Kapadia
Senior Vice President and Global Chief Information Officer
$689,657
$689,657 No related compNo other comp
Rene Zanin
Interim President and Chief Executive Officer
$587,967
$587,967 No related compNo other comp
Mark Rush
Chief Distribution Officer, US Sales
$493,748
$493,748 No related compNo other comp
Marcia Mendes-D'Abreu
Chief Human Resources Officer
$488,196
$488,196 No related compNo other comp
Jon Stephen McDonald
Vice President, Special Projects
$460,077
$460,077 No related compNo other comp
Guarav Upadhya
Global Chief Actuary and Chief Risk Officer
$426,291
$426,291 No related compNo other comp
Trudy Engel
Vice President and Appointed Actuary
$360,469
$360,469 No related compNo other comp
Parker Brown
General Counsel and Vice President Vendor Management and Data Governance
$338,809
$338,809 No related compNo other comp
Sujeether Kumareswaran
Vice President Capital, Business Planning and Strategy
$319,089
$319,089 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

CGI Information Systems and Management Consultants Inc
Project Support
$19,013,743
Symmetry Financial Group
Sales
$6,621,544
Superior Performers Inc
Sales
$6,075,045
Php Agency Inc.
Sales
$5,835,054
789 Don Mills Developments Inc.
Project Support
$5,041,708

Mission Statement

Foresters is a fraternal benefit society that provides financial services products and unique benefits to its members and their families. Through its member-governed Branch network, Foresters members are provided opportunities to organize and participate in local volunteer activities and family-focused events. Within this model of community service, Foresters lives its purpose of enhancing the well-being of its members, their families and their local communities.

Revisions to this organization profile

November 3, 2025:
2024 Independent Order of Foresters 990 filed
November 14, 2024:
2023 Independent Order of Foresters 990 filed
November 15, 2023:
2022 Independent Order of Foresters 990 filed

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