2024-11-12T10:05:27+00:00 2023-12-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-01-01 356059333 EVERENCE ASSOCIATION INC EVER 5745339511 1110 NORTH MAIN STREET GOSHEN IN 46528 KENNETH D HOCHSTETLER OFFICER 5745339511 2024-11-12 true true Lauren Denton P01571860 2604604000 2024-11-15 2023 2024-10-15 13:58:12Z KENNETH D HOCHSTETLER 1110 NORTH MAIN STREET GOSHEN IN 46528 135356586 false X https://www.everence.com X 1964 IN EVERENCE ASSOCIATION INC HELPS PEOPLE AND GROUPS INTEGRATE THEIR FINANCES WITH THEIR FAITH VALUES THROUGH ITS INSURANCE AND FINANCIAL SERVICES. 13 13 43 1106 0 0 1214646 690605 75656595 84485156 -151575 -35324 0 0 76719666 85140437 2534027 2664767 54615233 64905483 7654151 8648819 0 0 0 14423128 17151919 79226539 93370988 -2506873 -8230551 392025152 381699549 283195089 279312500 108830063 102387049 EVERENCE ASSOCIATION INC IS AN INDIANA DOMICILED FRATERNAL BENEFIT SOCIETY ORGANIZED TO PROVIDE LIFE, ANNUITY, ACCIDENT, AND HEALTH INSURANCE COVERAGE TO MEMBERS OF THE MENNONITE CHURCH AND RELATED ANABAPTIST INSTITUTIONS. false false EVERENCE ASSOCIATION INC HELPS INDIVIDUALS, ORGANIZATIONS, AND CONGREGATIONS INTEGRATE FINANCES WITH FAITH THROUGH A NATIONAL TEAM OF CONSULTANTS AND REPRESENTATIVES. EVERENCE OFFERS LIFE, ANNUITY, ACCIDENT, AND HEALTH INSURANCE COVERAGE TO MEMBERS OF THE MENNONITE CHURCH AND RELATED ANABAPTIST INSTITUTIONS. CONTINUED BELOW. 2664767 WE CONTINUE TO ENHANCE CURRENT FRATERNAL GRANT PROGRAMS AND THEIR USAGE IN THE CONSTITUENCY. IN 2023, 1,687 GRANTS WERE PROVIDED. WE CONTINUE BUILDING A SUPPORT SYSTEM OF TRAINING, PROVIDING RESOURCES FOR, AND ENGAGING ACTIVE ADVOCATES (VOLUNTEERS). THERE WERE 1,106 ADVOCATES SERVING IN 2023. CONTINUED BELOW. WE WORK TO ENCOURAGE STEWARDSHIP IN THE EVERENCE ASSOCIATION INC CONSTITUENCY. STEWARDSHIP EDUCATION INCLUDES STEWARDSHIP UNIVERSITY, SPEAKERS FOR WORKSHOPS AND RETREATS, AND EDUCATIONAL RESOURCES. IN 2023, THERE WERE 590 CHURCHES USING EDUCATIONAL MATERIALS OR SEMINARS. 0 false false false false false false false false false false true false true false true false false false true false false false false false false true true true false false false false false false false false false false false true true true false true 7425 0 43 true false false false false false false false false false false false false X 13 13 false false false false true true false true true false true true false true true true true true true false false CA IN X AARON SHENK 5745339511 1110 NORTH MAIN STREET GOSHEN IN 46528 D J MCFADDEN DIRECTOR 1.0 1.0 X 0 0 0 DONNA VOTH DIRECTOR 1.0 1.0 X 0 0 0 EMERSON LESHER DIRECTOR 1.0 1.0 X 0 0 0 JAIME RODRIGUEZ DIRECTOR 1.0 1.0 X 0 0 0 JAMES MILLER DIRECTOR 1.0 1.0 X 0 0 0 JESSICA YODER DIRECTOR 1.0 1.0 X 0 0 0 KATELYN LEICHTY DIRECTOR 1.0 1.0 X 0 0 0 KIRBY MILLER DIRECTOR 1.0 1.0 X 0 0 0 LAUREN GOOD DIRECTOR 1.0 1.0 X 0 0 0 NICOLE FRANCISCO-BAILEY DIRECTOR 1.0 1.0 X 0 0 0 PARIS BALL-MILLER DIRECTOR 1.0 1.0 X 0 0 0 RUTH SUTER DIRECTOR 1.0 1.0 X 0 0 0 SYLVIA PENNER DIRECTOR 1.0 1.0 X 0 0 0 AARON SHENK ASSISTANT TREASURER (START 02/23) 10.0 30.0 X 0 104558 23926 BRIAN KUBICKI SECRETARY 10.0 30.0 X 0 148694 39109 BRIAN MILLER ASSISTANT VICE PRESIDENT 10.0 30.0 X 0 143092 39162 CHAD HORNING ASSISTANT TREASURER 10.0 30.0 X 0 221008 33299 FREDRICK GINGERICH TREASURER 10.0 30.0 X 0 253918 42715 JOHN MARTIN ASSISTANT TREASURER 10.0 30.0 X 0 133316 29633 KATHERINE GLICK MILLER ASSISTANT SECRETARY 10.0 30.0 X 0 82299 33263 KENNETH D HOCHSTETLER PRESIDENT 10.0 30.0 X 0 359202 55194 LISA NUSSBAUM ASSISTANT TREASURER 10.0 30.0 X 0 133484 24122 RODNEY D DILLER VICE PRESIDENT 10.0 30.0 X 0 246953 41629 AMANDA ROCK FINANCIAL CONSULTANT 40.0 0.0 X 0 368712 37828 CRAIG FOOR FINANCIAL CONSULTANT 40.0 0.0 X 0 270714 44695 GLEN KAUFFMAN FINANCIAL CONSULTANT 40.0 0.0 X 0 320031 47902 JAY KREADY FINANCIAL CONSULTANT 40.0 0.0 X 0 377953 57709 JEFFREY GODSHALL FINANCIAL CONSULTANT 40.0 0.0 X 0 264317 45331 0 3428251 595517 0 false true false LANCASTER GENERAL HOSPITAL 555 NORTH DUKE STREET LANCASTER PA 17604 HEALTH SERVICES 1061797 GOSHEN HOSPITAL ASSOCIATION 200 HIGH PARK AVENUE GOSHEN IN 46526 HEALTH SERVICES 1026557 GRAND VIEW HOSPITAL 700 LAWN AVENUE SELLERSVILLE PA 18960 HEALTH SERVICES 985626 SENTARA RMH MEDICAL CENTER PO BOX 392 HARRISONBURG VA 22801 HEALTH SERVICES 553548 ELKHART GENERAL HOSPITAL INC 615 N MICHIGAN ST SOUTH BEND IN 46601 HEALTH SERVICES 425970 49 690605 690605 PREMIUM INCOME 524298 69541686 69541686 INVESTMENT INCOME 524298 13693682 13693682 FRANCHISE MANAGEMENT FEE 524298 426356 426356 FRATERNAL PROGRAM 524298 436513 436513 ADMINISTRATION REVENUE 524298 316341 316341 70578 70578 0 0 84485156 0 0 50180825 50216149 -35324 0 -35324 -35324 0 0 0 0 0 85140437 84449832 0 0 X 1866752 798015 64905483 6905683 1175958 161785 405393 17338 136555 1116348 9888723 220943 709053 1932858 456034 340182 264283 1671234 247897 STATE INSURANCE DEPARTMENT FEES 115118 BUREAU AND ASSOCIATION DUES 33433 MISCELLANEOUS GAINS 1920 0 93370988 10560271 9346057 3083 294002 0 0 46917 29716 0 0 0 281936184 277435910 0 96506569 91353298 2972128 3240566 392025152 381699549 2749606 2965392 1536686 1438404 0 278908797 274908704 283195089 279312500 X 108830063 102387049 108830063 102387049 392025152 381699549 X -8230551 1787537 X false true X true false MORTGAGE LOANS 85142269 F POLICY LOANS 5874 F OTHER LONG-TERM INVESTMENTS 6205155 F 91353298 LIFE AND ANNUITY RESERVES 245933983 ACCIDENT AND HEALTH RESERVES 13981913 DEPOSIT TYPE CONTRACTS 1952698 POLICY AND CONTRACT CLAIMS 4407178 ASSET VALUATION 7436123 INTEREST MAINTENANCE RESERVE 1196809 274908704 83734917 34969 34969 83699948 1116348 324141 1440489 85140437 91930499 0 0 91930499 1116348 324141 1440489 93370988 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 GAIN TRANSFERRED TO INTEREST MAINTENANCE RESERVE - 34969 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements ADMINISTRATIVE FEES - 316341 GAIN ADJUSTMENT - 7800 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements ADMINISTRATIVE FEES - 316341 GAIN ADJUSTMENT - 7800 true Central America and the Caribbean 0 0 PASSIVE INVESTMENTS 966487 Europe (Including Iceland and Greenland) 0 0 PASSIVE INVESTMENTS 4880650 East Asia and the Pacific 0 0 PASSIVE INVESTMENTS 1637518 North America (Canada & Mexico only) 0 0 PASSIVE INVESTMENTS 22133574 0 0 0 0 0 0 29618229 0 29618229 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds GRANT APPLICATION INFORMATION IS SUBMITTED TO EVERENCE ASSOCIATION INC FROM MENNONITE AND OTHER ANABAPTIST AFFILIATED CHURCHES. DETAILED RECORDS ARE MAINTAINED ON ELIGIBILITY AND RECIPIENTS ON AN ANNUAL BASIS. INFORMATION IS KEPT FOR AT LEAST FIVE YEARS. FUNDS FOR SPECIFIC INDIVIDUALS ARE SENT TO THE CHURCHES. THE RECIPIENT CHURCH THEN MATCHES THE FUNDS AND FOLLOWS UP WITH THE INDIVIDUAL WHO RECEIVED THE FUNDS. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual true MMA Distribution Inc 1110 N Main St GOSHEN IN 46528 501(C)(3) 804569 FMV GRANTS & SPONSORSHIP Greencroft Foundation PO Box 819 GOSHEN IN 46527 501(C)(3) 6700 FMV GRANTS & SPONSORSHIP CrossNet Ministries 127 W Franklin NEW HOLLAND PA 17557 501(C)(3) 10627 FMV GRANTS & SPONSORSHIP Mennonite Church USA 718 Main Street NEWTON KS 67114 501(C)(3) 253952 FMV GRANTS & SPONSORSHIP Lancaster Mennonite School 2176 Lincoln Highway East LANCASTER PA 17602 501(C)(3) 10000 FMV GRANTS & SPONSORSHIP Mennonite Mission Network PO BOX 370 ELKHART IN 46515 501(C)(3) 7500 FMV GRANTS & SPONSORSHIP Everence Trust Company 1110 N Main St GOSHEN IN 46528 501(C)(3) 120000 FMV GRANTS & SPONSORSHIP Mennonite World Conference PO Box 5364 LANCASTER PA 17606 501(C)(3) 22000 FMV GRANTS & SPONSORSHIP 8 WILL PREPARATION GRANTS 65 3250 COLLEGE SCHOLARSHIPS TO STUDENTS 45 48500 SHARING FUND GRANTS 1577 746265 Schedule I, Part I, Line 2 GRANT APPLICATION INFORMATION IS SUBMITTED TO EVERENCE ASSOCIATION FROM MENNONITE CHURCHES AS WELL AS OTHER ANABAPTIST CHURCHES. DETAILED RECORDS ARE MAINTAINED ON ELIGIBILITY AND RECIPIENTS ON AN ANNUAL BASIS. INFORMATION IS KEPT FOR AT LEAST FIVE YEARS. FUNDS FOR SPECIFIC INDIVIDUALS ARE SENT TO THE CHURCHES. THE RECIPIENT CHURCH THEN MATCHES THE FUNDS AND FOLLOWS UP WITH THE INDIVIDUAL WHO RECEIVED THE FUNDS. X false false false KENNETH D HOCHSTETLER PRESIDENT 0 333197 0 16707 0 9298 0 32548 0 22646 0 414396 0 0 FREDRICK GINGERICH TREASURER 0 244977 0 7679 0 1262 0 22160 0 20555 0 296633 0 0 RODNEY D DILLER VICE PRESIDENT 0 227585 0 11322 0 8046 0 22133 0 19496 0 288582 0 0 CHAD HORNING ASSISTANT TREASURER 0 208097 0 10098 0 2813 0 19898 0 13401 0 254307 0 0 BRIAN KUBICKI SECRETARY 0 145978 0 1153 0 1563 0 13804 0 25305 0 187803 0 0 BRIAN MILLER ASSISTANT VICE PRESIDENT 0 136026 0 5736 0 1330 0 13857 0 25305 0 182254 0 0 JOHN MARTIN ASSISTANT TREASURER 0 113353 0 19693 0 270 0 9692 0 19941 0 162949 0 0 LISA NUSSBAUM ASSISTANT TREASURER 0 126842 0 4978 0 1664 0 12247 0 11875 0 157606 0 0 JAY KREADY FINANCIAL CONSULTANT 0 334576 0 39617 0 3760 0 32404 0 25305 0 435662 0 0 AMANDA ROCK FINANCIAL CONSULTANT 0 317248 0 48137 0 3327 0 30061 0 7767 0 406540 0 0 GLEN KAUFFMAN FINANCIAL CONSULTANT 0 288678 0 27280 0 4073 0 27919 0 19983 0 367933 0 0 CRAIG FOOR FINANCIAL CONSULTANT 0 207299 0 61261 0 2154 0 20554 0 24141 0 315409 0 0 JEFFREY GODSHALL FINANCIAL CONSULTANT 0 248359 0 12945 0 3013 0 24393 0 20938 0 309648 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS WAS PAID BY A RELATED ORGANIZATION. EVERENCE ASSOCIATION, INC. RELIED ON THE RELATED ORGANIZATION, WHICH USED SEVERAL OF THE METHODS DESCRIBED ON LINE 3, TO ESTABLISH TOP MANAGEMENT OFFICIAL COMPENSATION. Form 990, Part IV, Line 12a THE FINANCIAL STATEMENTS ARE PREPARED USING ACCOUNTING PRACTICES PRESCRIBED OR PERMITTED BY THE INDIANA DEPARTMENT OF INSURANCE, WHOSE PRACTICES DIFFER FROM ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. Form 990, Part VI, Line 6 Classes of members or stockholders EVERENCE ASSOCIATION HAS ONLY ONE CLASS OF MEMBERSHIP. THE SOLE DECISION-MAKING POWER OF A MEMBER IS TO ELECT THE BOARD OF DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EVERENCE ASSOCIATION HAS ONLY ONE CLASS OF MEMBERSHIP. THE SOLE DECISION-MAKING POWER OF A MEMBER IS TO ELECT THE BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD OF DIRECTORS HAS DELEGATED THE AUTHORITY TO REVIEW AND APPROVE THE FORM 990 TO THE AUDIT COMMITTEE. FOLLOWING A DETAILED REVIEW BY THE CONTROLLER, A COPY OF THE FORM 990 AND ITS RELATED SCHEDULES IS PROVIDED TO THE AUDIT COMMITTEE VIA EMAIL. THE AUDIT COMMITTEE REVIEWS THE FORM 990 AND RELATED SCHEDULES AND PROVIDES FEEDBACK. AN INDEPENDENT CPA FIRM ALSO REVIEWS THE FORM 990 PRIOR TO SUBMISSION TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EVERENCE SERVICES LLC, A RELATED ORGANIZATION OF EVERENCE ASSOCIATION INC, EMPLOYS A GENERAL COUNSEL WHO IS RESPONSIBLE FOR DAY-TO-DAY COMPLIANCE OVERSIGHT. DESIGNATED STAFF AND THE GENERAL COUNSEL ARE RESPONSIBLE FOR REVIEWING APPLICABLE LAWS AND REGULATIONS AND ASSURING FULL IMPLEMENTATION OF AND COMPLIANCE WITH SUCH. POLICIES AND PROCEDURES ARE REVIEWED ON A REGULAR BASIS. THE BOARD OF DIRECTORS AND OFFICERS SIGN A CONFLICT OF INTEREST STATEMENT BI-ANNUALLY. ALL CONFLICTS OF INTEREST ARE EXPECTED TO BE DISCLOSED. IF THERE IS A CONFLICT OF INTEREST WITH A CODE OF CONDUCT, A WHISTLEBLOWER POLICY IS IN PLACE AND THERE IS A WHISTLEBLOWER HOTLINE TO CALL. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS PERFORMS AN ANNUAL REVIEW OF EXECUTIVE COMPENSATION. THE LAST REVIEW WAS PERFORMED IN 2023. GOALS AND OBJECTIVES ARE SET FORTH ANNUALLY AND REVIEWED DURING THIS PROCESS. ADDITIONALLY, PERIODIC COMPARISONS TO SIMILAR FOR-PROFIT AND NOT-FOR-PROFIT ENTITIES ARE EXAMINED. Form 990, Part VI, Line 19 Required documents available to the public OUR GOVERNING DOCUMENTS ARE KEPT ON FILE AND ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY INFORMATION IS AVAILABLE UPON REQUEST. SUMMARIZED FINANCIAL INFORMATION FOR ALL EVERENCE ENTITIES IS PUBLISHED IN A REPORT TO THE MEMBERS. THIS REPORT INFORMS THE MEMBERS THEY MAY REQUEST THE AUDITED FINANCIAL STATEMENTS. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 70578, Related or Exempt Function Revenue: 70578, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 4 Benefits Paid to or for Members Breakout Accident and Health : 35,644,191 Life and Annuity : 33,762,682 Int & Adjustments on Cert & Deposit Type Contracts : 50,403 Supplementary Contracts : 851,504 Decrease in Accident and Health Reserves : 490,755 Decrease in Life and Annuity Reserves : -5,682,869 Decrease in Reserve for Supplementary Contracts : -211,188 Refunds to Members : 6 Total : $64,905,483 Form 990, Part IX, Line 11g Other Fees MMAD AGENCY COMISSION EXPENSE - Total Expense: 3710882, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; OTHER SERVICE FEES - Total Expense: 6177841, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN ADMITTED INVESTMENT CARRYING AMOUNTS - 6022815; CHANGE IN ASSET VALUATION RESERVE - -2087136; CHANGE IN NONADMITTED ASSETS - -2183111; GAIN TRANSFERRED TO INTEREST MAINTENANCE RESERVE - 34969; EVERENCE FOUNDATION INC 1110 N MAIN ST GOSHEN IN 46528 356031936 PUBLIC FDN IN 501(c)(3) 7 NA true MENNONITE CHURCH USA 3145 BENHAM AVE SUITE 1 ELKHART IN 46517 352147800 CHURCH IN 501(c)(3) 1 NA false MENNONITE CHURCH BUILDINGS INC 1110 N MAIN ST GOSHEN IN 46528 356031937 REAL ESTATE IN 501(c)(3) 11 NA true MENNONITE HEALTH ASSOCIATION INC 110 N MAIN ST GOSHEN IN 46528 311043978 DORMANT IN 501(c)(3) EVRNCE ASSOC false EVERENCE SERVICES LLC 1110 N MAIN ST GOSHEN IN 46528 351962055 PAYMASTER IN NA Related 1625770 26954710 false 0 false 0.4195 MMATCO LLP 1110 N MAIN ST GOSHEN IN 46528 352140530 FIDUCIARY IN NA EVERENCE INSURANCE COMPANY 1110 N MAIN ST GOSHEN IN 46528 351698689 INSURANCE IN EVRNCE HOLDINGS C Corporation true EVERENCE TRUST COMPANY 1110 N MAIN ST GOSHEN IN 46528 352140529 TRUST COMPANY IN EVRNCE HOLDINGS C Corporation true EVERENCE CAPITAL MANAGEMENT INC 1110 N MAIN ST GOSHEN IN 46528 356038806 INVESTMENTS IN EVRNCE HOLDINGS C Corporation true MMA DISTRIBUTION INC 1110 N MAIN ST GOSHEN IN 46528 263734503 COMMISSION SERVICE IN EVRNCE HOLDINGS C Corporation true EVERENCE REAL ESTATE HOLDINGS INC 1110 N MAIN ST GOSHEN IN 46528 352471296 REAL ESTATE IN EVRNCE HOLDINGS C Corporation true EVERENCE HOLDINGS INC 1110 N MAIN ST GOSHEN IN 46528 263734671 HOLDING COMPANY IN EVRNCE ASSOC C Corporation 67112741 33809860 1 true true true false true false false false false false false true false true false true true false false false MENNONITE CHURCH BUILDINGS INC A 323666 FMV MMA DISTRIBUTION INC A 136338 FMV EVERENCE TRUST COMPANY A 21594 FMV Everence Federal Credit Union A 99230 FMV Everence Trust Company B 120000 FMV MMA Distribution B 804569 FMV Mennonite Church Buildings D 4592309 FMV EFCU D 6800000 FMV MMA Distribution D 1700000 FMV Mennonite Church Buildings K 414707 FMV MMA Distribution M 2976637 FMV Everence Services O 8534962 FMV Everence Services P 7626401 FMV