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Filing year 2024

GLEANER LIFE INSURANCE SOCIETY

Adrian, Michigan·EIN 38-0580730·501(c)(8)
Total revenue
$45M
Total assets
$1.2B
Total expenses
$51.7M
Reported officers
33
Mission

GLEANER LIFE INSURANCE SOCIETY ("GLEANER") IS A FRATERNAL BENEFIT SOCIETY. ITS MISSION IS TO BE A FRIEND OF THE FAMILY THAT PROVIDES ITS MEMBERS WITH FINANCIAL SECURITY, FRATERNAL BENEFITS, AND VOLUNTEER OPPORTUNITIES SERVED WITH INTEGRITY, RESPECT, AND ACCOUNTABILITY. THE PURPOSE OF THE BOARD OF DIRECTORS OF GLEANER LIFE INSURANCE SOCIETY (ON BEHALF OF OUR MEMBERS) IS TO PROVIDE LEADERSHIP AND MAINTAIN A SYSTEM OF GOVERNANCE SO THAT THE SOCIETY ACHIEVES ITS MISSION AND AVOIDS UNACCEPTABLE ACTIONS AND SITUATIONS. THE "CORE BOARD VALUES" ARE: - GOOD PEOPLE DOING GOOD THINGS - LEADERSHIP - ETHICAL WITH INTEGRITY - ACCOUNTABLE TO OUR MEMBERS - NOW AND FOR THE FUTURE - EQUALITY OF ALL MEMBERS - RESPECT AND VALUE RELATIONSHIPS - SERVE AND CARE FOR OUR MEMBERS GLEANER PROVIDES LIFE, SICKNESS, ACCIDENT, AND OTHER BENEFITS TO ITS MEMBERS. THROUGH 63 ACTIVE ARBORS BENEVOLENT AND FRATERNAL ACTS ARE PERFORMED. COORDINATION OF MEMBERS, ORPHAN BENEFITS, SCHOLARSHIPS (THROUGH GLEANER LIFE INSURANCE

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 32 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Former Pres.
Officer (Unspecified)
$294k
$316k
Base
$270k
Bonus
Other
$2k
Benefits
$22k
Former VP Co
Vice President
75th to 90th percentile
$201k
$217k
Base
$93k
Bonus
$60k
Other
$34k
Benefits
$14k
Regional Sal
Highest Compensated Employee
Median to 75th percentile
$182k
$196k
Base
$118k
Bonus
$13k
Other
$26k
Benefits
$26k
Former Pres.
Officer (Unspecified)
$179k
$193k
Base
$147k
Bonus
$10k
Other
$808
Benefits
$21k
President &
75th to 90th percentile
$178k
$191k
Base
$155k
Bonus
Other
$4k
Benefits
$19k
Development
Highest Compensated Employee
Median to 75th percentile
$173k
$186k
Base
$144k
Bonus
$1k
Other
$821
Benefits
$27k
VP Chief HR
Vice President
75th to 90th percentile
$170k
$183k
Base
$153k
Bonus
Other
$2k
Benefits
$15k
AVP Undw & N
Officer (Unspecified)
$168k
$180k
Base
$136k
Bonus
$3k
Other
$2k
Benefits
$27k
AVP IT Dev &
Officer (Unspecified)
$162k
$174k
Base
$138k
Bonus
$3k
Other
$2k
Benefits
$19k
App Dev & Da
Highest Compensated Employee
25th percentile to median
$159k
$172k
Base
$131k
Bonus
$1k
Other
$815
Benefits
$27k
App Dev & Da
Highest Compensated Employee
25th percentile to median
$159k
$171k
Base
$131k
Bonus
$1k
Other
$805
Benefits
$26k
Former AVP S
Officer (Unspecified)
$158k
$170k
Base
$96k
Bonus
$32k
Other
$20k
Benefits
$10k
VP Operation
Vice President
75th to 90th percentile
$152k
$163k
Base
$141k
Bonus
Other
$2k
Benefits
$10k
AVP IT Opera
Officer (Unspecified)
$144k
$155k
Senior Softw
Highest Compensated Employee
25th percentile to median
$133k
$143k
Former Reg S
Former Officer/director/trustee
Median to 75th percentile
$119k
$128k
Base
$88k
Bonus
$13k
Other
$1k
Benefits
$17k
Former SVP N
Senior Vice President
10th to 25th percentile
$110k
$119k
AVP Member S
Officer (Unspecified)
$106k
$114k
Former AVP F
Officer (Unspecified)
$100k
$108k
Chair
Board Chair
Median to 75th percentile
$28k
$30k
Vice Chair
Board Vice Chair
Median to 75th percentile
$25k
$27k
Director
Board Member
Median to 75th percentile
$25k
$26k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$13k
$14k
Former Direc
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Former Direc
Board Member
25th percentile to median
$11k
$12k
Former Direc
Board Member
25th percentile to median
$10k
$11k
Former Direc
Board Member
25th percentile to median
$8k
$9k
Former Direc
Board Member
25th percentile to median
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Down 17%
from 2023

From $356k in 2023 to $294k in 2024.

$356k
2023
$294k
2024
In today's dollarsEst.
Down 20% in real terms$393k to $316k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Vice President pay rose 29% from 2023 to 2024, while revenue fell 70%.

$156k in 2023 to $201k in 2024.
  • Highest Compensated Employee pay rose 35% from 2023 to 2024.
  • Former Officer/director/trustee pay rose 8% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GLEANER LIFE INSURANCE SOCIETY reported revenue and expenses across 2 filing years.

RevenueExpenses
$151.3M
$153.5M
2023
$45M
$51.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GLEANER LIFE INSURANCE SOCIETY

What does the Vice President of GLEANER LIFE INSURANCE SOCIETY earn?

In 2024, the Vice President of GLEANER LIFE INSURANCE SOCIETY received $201,470 in total compensation. This pay is in the top quarter for Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at GLEANER LIFE INSURANCE SOCIETY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at GLEANER LIFE INSURANCE SOCIETY falls between the 75th and 90th percentiles.

What are GLEANER LIFE INSURANCE SOCIETY's revenue and expenses?

In 2024, GLEANER LIFE INSURANCE SOCIETY reported $45M in total revenue and $51.7M in total expenses on its IRS Form 990.

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