2025-11-14T10:30:38-06:00 2024-12-31 251031723 H2R CPA 875 GREENTREE RD BLDG 7 STE 1000 PITTSBURGH PA 15220 990 2024-01-01 250522060 GCU GCU 7244953400 5400 TUSCARAWAS ROAD BEAVER PA 15009 TIMOTHY DEMETRES CFO 7244953400 2025-11-14 1 1 LEO A HANNAH P00950147 4123912920 2025-11-14 2024 2025-03-06 01:10:19Z TIMOTHY DEMETRES 5400 TUSCARAWAS ROAD BEAVER PA 15009 671723313 0 X WWW.GCUUSA.COM X FRATERNAL 1893 PA THE MISSION OF GCU (F/K/A THE GREEK CATHOLIC UNION OF THE USA) IS TO PROVIDE FINANCIAL AND FRATERNAL BENEFITS TO ITS MEMBERS AND TO EDUCATE MEMBERS ON GREEK CULTURE AND HERITAGE. 11 11 85 960 0 0 0 0 370817002 375021225 115272087 125891558 325540 177677 486414629 501090460 115300 98250 396022617 393481120 5920704 6360688 0 0 0 78726537 106871471 480785158 506811529 5629471 -5721069 2704690458 2781925543 2483383786 2574949078 221306672 206976465 X GCU PROVIDES A FULL RANGE OF ANNUITY AND INSURANCE PRODUCTS TO MEET ITS MEMBERS' FINANCIAL EXPECTATIONS. WITH THE PROFITS GENERATED FROM THOSE SALES, THE SOCIETY PARTICIPATES IN A NUMBER OF COMMUNITY PROJECTS. THESE PROJECTS INCLUDE FUNDRAISING, DONATING TO AND VOLUNTEERING AT HOMELESS SHELTERS, FOOD BANKS, PUBLIC LIBRARIES, DAY CARE CENTERS, SCHOOLS FOR THE BLIND, HOMES FOR PREGNANT TEENS, ETC. IN ADDITION, THE SOCIETY REMAINS A SIGNIFICANT BENEFACTOR TO THE SS. CYRIL & METHODIUS BYZANTINE CATHOLIC SEMINARY LOCATED IN PITTSBURGH, PENNSYLVANIA FOR THE EDUCATION OF THEIR PRIESTS. 0 0 AS OF 12/31/24, THERE WERE 26,749 LIFE INSURANCE POLICIES IN FORCE WITH $390,239,000 OF INSURANCE. THERE WERE ALSO 36,140 ANNUITY CONTRACTS IN FORCE WITH A VALUE OF $2,383,363,394. BOTH LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS SUPPORT OUR MEMBERS AND THE PROFITS THEREFROM SERVE AS THE FOUNDATION FOR OUR COMMUNITY-BASED PROGRAMS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 14060 0 1 85 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X TIMOTHY DEMETRES 7244953400 5400 TUSCARAWAS ROAD BEAVER PA 15009 MELANIE NISKACH BASL DIRECTOR 20.00 X 33980 0 0 GEORGE KOFEL JR DIRECTOR 20.00 X 40014 0 0 GEORGE BATYKO JR DIRECTOR 20.00 X 33105 0 0 MARIA SILVESTRI DIRECTOR 20.00 X 32980 0 0 JOHN URBAN DIRECTOR 20.00 X 33480 0 0 LISA GULIBON DIRECTOR 20.00 X 32980 0 0 GREGORY N VLADIKA DIRECTOR 20.00 X 38795 0 0 MICHAEL KARAFFA DIRECTOR 20.00 X 32980 0 0 DAVID OLEKSA DIRECTOR 20.00 X 32980 0 0 FATHER VALERIAN MICHLIK DIRECTOR 20.00 X 34038 0 0 STEPHEN BEDNAR DIRECTOR (AS OF 10/1/24) 20.00 X 8750 0 0 GEORGE N JUBA PRESIDENT/CEO 40.00 X 424561 0 28980 TIMOTHY DEMETRES CFO 40.00 X 324513 0 12423 THEODORE TRBOVICH GENERAL COUNSEL 20.00 X 93400 0 0 JEREMY STEPHENSON EXECUTIVE VP & COO-AS OF 6/17/24 40.00 X 134403 0 26025 WILLIAM SCHULOK HIGHLY COMPENSATED EMPLOYEE 40.00 X 162163 0 30068 JEREMY NICHOLS HIGHLY COMPENSATED EMPLOYEE 40.00 X 145145 0 30068 JEFFREY ALAN LONG HIGHLY COMPENSATED EMPLOYEE 40.00 X 149575 0 28980 BRYAN T O'SHAUGHNESSY HIGHLY COMPENSATED EMPLOYEE 40.00 X 156353 0 28980 BASIL WAHAL HIGHLY COMPENSATED EMPLOYEE 40.00 X 111178 0 28980 JOHN PETER HARBIST FORMER HIGHLY COMPENSATED EMPLOYEE 40.00 X 282200 0 0 2337573 0 214504 9 1 1 0 MATTHEW ZAGULA 3660 PENNSYLVANIA AVENUE WEIRTON WV 26062 INDEPENDENT SERVICE/AGENT 1248139 AMERICAN SENIOR BENEFITS LLC 12722 S BLACKBOB ROAD OLATHE KS 66062 INDEPENDENT SERVICE/AGENT 1152775 RANDY S BADEN 71 N BALPH AVENUE PITTSBURGH PA 15202 INDEPENDENT SERVICE/AGENT 668234 TRACEY SPIKES 239 E AVONDALE DRIVE GREENVILLE SC 29609 INDEPENDENT SERVICE/AGENT 651678 GREG MILLER 109 VIP DRIVE SUITE 102 WEXFORD PA 15090 INDEPENDENT SERVICE/AGENT 584160 36 FRATERNAL INSURANCE PREMIUMS AND 524292 373320118 373320118 AMORTIZATION OF INTEREST MAINTENA 524292 1177525 1177525 PENSION PLAN INCOME 524292 292595 292595 COMMISSIONS ON REINSURANCE 524292 216397 216397 VOLUNTARY MEMBERSHIP DUES 524292 14590 14590 375021225 123014594 123014594 1292845 1117577 175268 175268 175268 172392240 169515276 2876964 2876964 2876964 MISCELLANEOUS INCOME 524292 2409 2409 2409 501090460 501090460 0 0 X 98250 393481120 1398387 3411866 896284 585572 68579 128492 284584 1211112 460696 49959 171642 619783 341761 97482 174503 496313 9735 147175 INCREASE IN CERTIFICATE 82196251 COMMISSIONS, NET OF REI 16609119 PROJECT COSTS 1537899 FRATERNAL ACTIVITIES 975275 1359690 506811529 38456736 36160132 0 1132250 227646 613903 114536 204328 17542693 3279367 14657824 14263326 2544710547 2611917821 74730503 86461409 31792666 31172374 2704690458 2781925543 4567002 3462967 2478816784 2571486111 2483383786 2574949078 X 0 0 0 0 221306672 206976465 221306672 206976465 2704690458 2781925543 X -5721069 3491869 -12101007 X X 0 1 X 1 0 1461167 1461167 16081526 3279367 12802159 14263326 EMPLOYEE PENSION RESERVE 6108096 RESERVE FOR LIFE CERTIFICATES AND CONTRACTS 2483517372 RESERVE FOR ACCIDENT AND HEALTH CONTRACTS 140803 DEPOSIT TYPE CONTRACTS 30790473 INTEREST MAINTENANCE RESERVE 13145660 ASSET VALUATION RESERVE 37761089 UNEARNED PREMIUMS 22618 2571486111 500493788 1388845 1388845 499104943 2621314 -635797 1985517 501090460 505403791 1213576 1213576 504190215 2621314 2621314 506811529 PART XI, LINE 2D - OTHER ADJUSTMENTS: SELF CHARGED RENT 96,000. OTHER INVESTMENT EXPENSES - NOT NETTED FOR 990 PURPOSES (PRESENTATION ONLY) 1,292,845. PART XI, LINE 4B - OTHER ADJUSTMENTS: REALIZED CAPITAL LOSSES TRANSFERRED TO IMR FOR F/S PURPOSES -811,066. OTHER NET RENTAL INCOME 175,269. PART XII, LINE 2D - OTHER ADJUSTMENTS: OCCUPANCY EXPENSES TO OFFSET SELF-CHARGED RENT 96,000. OTHER INVESTMENT EXPENSES - NOT NETTED FOR 990 PURPOSES (PRESENTATION ONLY) 1,117,576. 0 SCHOLARSHIPS 49 88250 CASH STUDENT DEBT PROGRAM AWARDS 11 10000 CASH PART IV: SUPPLEMENTAL INFORMATION CANDIDATES FOR SCHOLARSHIPS HAVE TO PREQUALIFY AND WRITE AN ESSAY FOR REVIEW BY THE COMMITTEE. SCHOLARSHIPS ARE PAID DIRECTLY TO THE STUDENT AND CAN ONLY BE USED FOR IRS QUALIFIED TUITION AND EDUCATIONAL MATERIALS. THE HIGHEST AMOUNT THAT CAN BE AWARDED TO A RECIPIENT ON AN ANNUAL BASIS IS $2,000. AMOUNTS ARE AWARDED FOR THE RELIEF OF STUDENT DEBT, BASED ON THE NEED OF THE STUDENT, AND HIS/HER HIGH ACADEMIC ACHIEVEMENT. X 1 1 X X 0 0 0 GEORGE N JUBA PRESIDENT/CEO 424561 0 0 0 0 0 0 0 28980 0 453541 0 0 0 TIMOTHY DEMETRES CFO 324513 0 0 0 0 0 0 0 12423 0 336936 0 0 0 JOHN PETER HARBIST FORMER HIGHLY COMPENSATED EMPLOYEE 282200 0 0 0 0 0 0 0 0 0 282200 0 0 0 WILLIAM SCHULOK HIGHLY COMPENSATED EMPLOYEE 162163 0 0 0 0 0 0 0 30068 0 192231 0 0 0 BRYAN T O'SHAUGHNESSY HIGHLY COMPENSATED EMPLOYEE 156353 0 0 0 0 0 0 0 28980 0 185333 0 0 0 JEFFREY ALAN LONG HIGHLY COMPENSATED EMPLOYEE 149575 0 0 0 0 0 0 0 28980 0 178555 0 0 0 JEREMY NICHOLS HIGHLY COMPENSATED EMPLOYEE 145145 0 0 0 0 0 0 0 30068 0 175213 0 0 0 JEREMY STEPHENSON EXECUTIVE VP & COO-AS OF 6/17/24 134403 0 0 0 0 0 0 0 26025 0 160428 0 0 0 PART I, LINE 1A REPORTED ON FORM 1099-MISC. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP SHALL BE EXTENDED TO ANY PERSON IN ACCORDANCE WITH THE REQUIREMENTS AND LIMITATIONS SET FORTH IN THE CHARTER, THE BY-LAWS, AND THE ACTIONS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT DELEGATES, WHICH ELECT THE BOARD OF DIRECTORS AND OFFICERS AT THE QUADRENNIAL CONVENTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE DISTRIBUTED TO BOARD MEMBERS PRIOR TO THE EXTENDED DUE DATE OF THE TAX RETURN. THE PARTNER OF THE ACCOUNTING FIRM WILL REVIEW THE FORM 990 AND ANSWER ANY QUESTIONS BOARD MEMBERS MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE GOVERNANCE COMMITTEE. THE CEO ADVISES ON ANY CONFLICTS DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 REVIEWED BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, GCU WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT GCU'S HOME OFFICE. FORM 990, PART IX, LINE 24E STATE INSURANCE LICENSING FEES 342,982. REFUNDS TO MEMBERS 297,033. POSTAGE 156,289. CREDIT CARD/ BANK CHARGES 148,842. TELEPHONE 97,759. HONORARIUM 84,928. PUBLICATIONS 65,947. INSPECTION REPORT FEES 53,671. DUES 36,932. OFFSITE DR/BC EXPENSES 34,892. EQUIPMENT RENTAL 30,278. DATA PROCESSING 10,137. FORM 990, PART XI, LINE 9: CHANGE IN NON-ADMITTED ASSETS -741,932. NET LOSSES OF SUBSIDIARIES - GCU HOLDING COMPANY, INC. -2,185,927. CHANGE IN ASSET VALUATION RESERVE -9,870,080. REALIZED CAPITAL LOSSES TRANSFERRED TO IMR FOR F/S PURPOSES 811,066. CHANGE IN PENSION ASSET/LIABILITY -114,134. FORM 990, PART XII, LINE 2C: NO CHANGE TO THE AUDIT COMMITTEE IN THE CURRENT YEAR. GCU HOLDING COMPANY INC 5400 TUSCARAWAS ROAD BEAVER PA 15220 251736684 HOLDING COMPANY PA GCU C -2185927 1.00000 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 GCU HOLDING COMPANY INC B 300000 CASH - ACTUAL VALUE GCU HOLDING COMPANY INC D 204329 CASH - ACTUAL VALUE GCU HOLDING COMPANY INC K 60000 CASH - ACTUAL VALUE GCU HOLDING COMPANY INC R 4533 CASH - ACTUAL VALUE