Gbu Financial Life

Gbu Financial Life Overview

Gbu Financial Life is located in Pittsburgh, PA. The organization was established in 1940. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2019, Gbu Financial Life employed 51 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes.

For the year ending 12/2019, Gbu Financial Life generated $620.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $589.6m during the year ending 12/2019. While expenses have increased by 12.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

LIFE INSURANCE, ANNUITIES, FRATERNAL ACTIVITIES AND OTHER BENEFITS TO MEMBERS OF THE SOCIETY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LIFE INSURANCE, ANNUITIES, FRATERNAL ACTIVITIES AND OTHER BENEFITS TO MEMBERS OF THE SOCIETY.


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Gbu Financial Life Board, Officers & Key Employees

Gbu Financial Life Vendors

Vendor Name (Service)Compensation
Wilson Elser Moskowitz Edelman & Dick
Legal Services
$250,389
Miller & Newberg Inc
Actuarial Services
$162,497
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$471,337,637
Investment income $149,272,386
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $124,222
Net Gain/Loss on Asset Sales -$595,443
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $620,138,802

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