NonprofitsAmerican Armed Forces Mutual Aid Association

American Armed Forces Mutual Aid Association

RESTON, VA

Total revenue

$127.4M

Total expenses

$144.2M

Net assets

$1.2B

Grants received

EIN

530213841

Tax year

2024

Mission

See schedule o

Programs

2 programs

Aafmaa wealth management & trust llc, a wholly owned subsidiary formed in 2012 as a north carolina trust company and regulated by the north carolina commissioner of banks, provides financial planning, investment management, and trust services to those qualified for aafmaa services under irc section 501(c)(23).

Aafmaa mortgage services llc, a wholly owned subsidiary formed in 2016 and regulated by the north carolina commissioner of banks, offers veteran administration (va), federal housing administration (fha), conventional, and other residential mortgage products to those qualified for aafmaa services under section 501(c)(23).

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$79.4M
Investment income$36.4M
Other revenue$11.6M
Total revenue$127.4M

Expenses

Grants paid
Salaries & benefits$21.4M
Fundraising
Other expenses$29.0M
Total expenses$144.2M
Total assets$1.3B
Net assets$1.2B

People

35 listed

NameRoleCompensation

MICHAEL J MEESE

PRESIDENT

Board

$347K

40 hrs/wk

GERALD T QUINN

COO & SECRETARY

Board

$339K

40 hrs/wk

MARK MATSUURA

CFO & TREASURER

Board

$236K

40 hrs/wk

CHARLENE G WILDE

SR VICE PRESIDENT & ASST SECRETARY

Board

$179K

40 hrs/wk

CMSGT LEWIS E MONROE III

DIRECTOR

Board

2 hrs/wk

BRIG GEN JONATHAN D GEORGE

DIRECTOR

Board

2 hrs/wk

CW3 ROBIN H BOUDIETTE JR

DIRECTOR

Board

2 hrs/wk

MG JOHN G FERRARI

DIRECTOR/CHAIR FINANCE

Board

2 hrs/wk

MG WILLIAM M MATZ

VICE CHAIR

Board

2 hrs/wk

LTG JOHN A DUBIA

DIRECTOR/CHAIR MEMBERSHIP

Board

2 hrs/wk

GEN DENNIS J REIMER

CHAIR

Board

2 hrs/wk

LTG KEITH C WALKER

DIRECTOR

Board

2 hrs/wk

MG RODNEY O ANDERSON

DIRECTOR

Board

2 hrs/wk

BGEN DAVID G REIST

DIRECTOR

Board

2 hrs/wk

LTG GUY C SWAN

DIRECTOR

Board

2 hrs/wk

COL ELISABETH J STRINES

DIRECTOR

Board

2 hrs/wk

JAMES J HAVENER

PRESIDENT, AMS

Staff

$403K

40 hrs/wk

STEPHEN C MANNELL

PRESIDENT, AWMT

Staff

$400K

40 hrs/wk

ROBERT GREENBAUM

CHIEF MARKETING OFFICER, AMS

Staff

$320K

40 hrs/wk

DANIEL J MCLAUGHLIN

CFO, AWMT

Staff

$312K

40 hrs/wk

COREY K RIGGS

SALES MANAGER, AMS

Staff

$305K

40 hrs/wk

CHARLES B BETANCOURT

COO, AP

Staff

$294K

40 hrs/wk

AMARISH PATHAK

CHIEF TECHNOLOGY OFFFICER, AMS

Staff

$279K

40 hrs/wk

JOHN J SHIVAR

VP BUSINESS DEVELOPMENT, AWMT

Staff

$267K

40 hrs/wk

JOSHUA M SCHNELLE

SR. RELATIONSHIP MANAGER, AWMT

Staff

$261K

40 hrs/wk

PAUL E JABLANSKY

CHIEF INVESTMENT OFFICER, AWMT

Staff

$258K

40 hrs/wk

ANTHONY E NEMANIC

SR. RELATIONSHIP MANAGER, AWMT

Staff

$249K

40 hrs/wk

MITCHELL KR TURNER

CHIEF INFORMATION OFFICER

Staff

$223K

40 hrs/wk

PETER ST DENIS

PORTFOLIO MANAGER, AWMT

Staff

$221K

40 hrs/wk

KEVIN KINCAID

CHIEF MARKETING OFFICER

Staff

$216K

40 hrs/wk

STEVEN J SCHNIPPEL

CONTROLLER, AP

Staff

$213K

40 hrs/wk

NIRA P SERPA

CONTROLLER

Staff

$190K

40 hrs/wk

CLIFTON BROWN

VP, INSURANCE OPERATIONS

Staff

$181K

40 hrs/wk

STACEY DANIELS

EVP & COO, AMS (THRU 1/17/24)

Staff

$152K

40 hrs/wk

SHARON GROSSMAN

CONTROLLER, AMS

Staff

$151K

40 hrs/wk

Independent contractors

METROSTAR SYSTEMS INC

IT SERVICES

$3.8M

SAPIENS AMERICAS CORP

IT SERVICES

$1.9M

SILVERBACK STRATEGIES INC

MARKETING

$602K

AMERICAN PARA PROF SYSTEMS INC

UNDERWRITING

$359K

JOURNEYTEAM LLC

IT SERVICES

$258K

Details

EIN530213841
Subsection23
Ruling date1944-05
Formed1879
Employees186
Volunteers12
AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION — Mission, Financials & Grants Received | Grantivo