NonprofitsAssociation Of Military Banks Of America

Association Of Military Banks Of America

ARLINGTON, VA

Total revenue

$2.0M

Total expenses

$1.2M

Net assets

$10.4M

Grants received

$1.2M

2 grants

EIN

470583461

Tax year

2024

Mission

The association of military banks of america (amba) is a not-for-profit trade association that represents financial institutions specializing in providing worldwide banking services for military personnel, veterans, and their families. Amba, through its members and with its partners, is committed to improving the financial readiness of the u.s. Military and veteran communities by providing financial products, services, and education.

Programs

2 programs

Amba's social media and direct marketing communication efforts continued to assist its members and non-profit organization partners to expand financial education for the military and veteran communities through newsletters, webinars, and social media posts. In 2024, amba continued to market the hardcopy of armed forces financial guide and encouraged members to subscribe to its online version, which can be accessed by bank customers.

Amba held its annual workshop which built on the tremendously successful workshop from 2023, continuing our focus on issues and goals designed to help our members serve their military and veteran communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$269K
Investment income$1.8M
Other revenue$4K
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits$459K
Fundraising
Other expenses$742K
Total expenses$1.2M
Total assets$10.5M
Net assets$10.4M

People

17 listed

NameRoleCompensation

STEVEN J LEPPER

PRESIDENT & CEO

Board

$313K

40 hrs/wk

OMUSO GEORGE

PRESIDENT & CEO

Board

$185K

40 hrs/wk

TIFFANY DAVIS-SCHAEFER

DIRECTOR

Board

1 hrs/wk

LARRY T WILSON

DIRECTOR

Board

1 hrs/wk

FRED A ALVARADO

VICE CHAIRMAN

Board

1 hrs/wk

W H BILL CROAK

DIRECTOR

Board

1 hrs/wk

JOHN RICHARDSON

DIRECTOR

Board

1 hrs/wk

TODD FOX

DIRECTOR

Board

1 hrs/wk

MICHAEL S LEAGUE

CHAIRMAN

Board

1 hrs/wk

LINDSEY STREETER

DIRECTOR

Board

1 hrs/wk

GEOFFREY HICKMAN

DIRECTOR

Board

1 hrs/wk

TOM MCLEAN

DIRECTOR

Board

1 hrs/wk

SEAN PASSMORE

DIRECTOR

Board

1 hrs/wk

KELLY HUGHES

CHAIRMAN ELECT

Board

1 hrs/wk

JILL CASTILLA

DIRECTOR

Board

1 hrs/wk

JAMES M CARLILE

DIRECTOR

Board

1 hrs/wk

STEVE BERES

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$640K
SUPPORT OPERATIONS
2023
$524K
SUPPORT OPERATIONS
2022

Funded by

$1.2M from 1 funder · 2 grants · 2022–2023

American Bankers Association Community

$1.2M · 2 grants · 2022–2023

Details

EIN470583461
Subsection06
Ruling date1977-03
Formed1959
Employees3
Volunteers0
ASSOCIATION OF MILITARY BANKS OF AMERICA — Mission, Financials & Grants Received | Grantivo