Headquarters: 1701 1st Ave., Rock Island, IL 61201
www.modern-woodman.org

Total assets as of 2009: $9.27 billion

Key officers: W. Kenny Massey, President & Chief Executive Officer

Modern Woodman of America is the country’s third largest fraternal benefits organization and offers permanent, term, and child/young adult life insurance as well as annuity services to 755,000 members throughout the United States. The organization is comprised of a nationwide network of 2.400 “camps,” or local membership chapters, and has life insurance policies in force of $33.7 billion.

Some quick facts about Modern Woodmen of America:

The fraternal organization was founded in Iowa in 1883 and has a higher inspiration to thank for its name. During a church sermon, the founder heard a parable about woodmen clearing away forests to build homes and communities for their families. With his organization’s goal being to clear away the financial burdens of its members, the founder felt the woodman metaphor was perfect.

Modern Woodmen’s fraternal programs and benefits generate an annual $23.3 million that goes back to members and their communities.

The organization recently received an “A+” (superior) rating from A.M. Best for financial strength.

Source: Modern-woodman.org, Hoovers.com

Compiled by Life Quotes, Inc. staff