NonprofitsNavy Mutual Aid Association

Public & Societal Benefit

Navy Mutual Aid Association

CITY OF ARLINGTO, VA

Total revenue

$284.9M

Total expenses

$280.1M

Net assets

$315.5M

Grants received

EIN

530116720

Tax year

2024

Mission

And form 990, part iii, line 1:to provide members of the navy, marines, coast guard, national oceanic and atmospheric administration,public health service, and honorably discharged veterans (collectively the "sea services") life insurance at as near the actual net cost as possible, assist members of the sea services and other uniformed personnel and their families in securing federal benefits to which they may be legally entitled, and advise and educate uniformed personnel and their families on matters of financial security.

Programs

2 programs

As a federally recognized veterans service organization, navy mutual presents educational programs to members of the uniformed services and their families to assist them in understanding military survivor benefits. Further, under opnav instruction 1750.5a, navy mutual is designated as an approved educator of the survivor benefit program and navy mutual's role, as an authorized non-profit organization, extends to providing financial literacy education and training on dod installations nationwide and overseas in accordance with dod instruction 1322.34. These services are in support of the financial readiness of service members and provided at no cost to the dod.

As a federally recognized veterans service organization, navy mutual provides beneficiary assistance and counseling to assist members' survivors through the death process and to help secure the federal benefits to which they may be entitled, including representation before the veterans benefits administration and board of veterans' appeals.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$104.5M
Investment income$177.2M
Other revenue$3.2M
Total revenue$284.9M

Expenses

Grants paid
Salaries & benefits$22.6M
Fundraising
Other expenses$54.3M
Total expenses$280.1M
Total assets$3.3B
Net assets$315.5M

People

26 listed

NameRoleCompensation

RDML BRIAN LUTHER USN RET

PRESIDENT & CEO

Board

$886K

40 hrs/wk

ADAM MULLINS

CHIEF FIANANCIAL OFFICER

Board

$472K

40 hrs/wk

CAPT NITA SOOD

DIRECTOR (OUTGOING 2024)

Board

1 hrs/wk

VADM MICHAEL VITALE

DIRECTOR

Board

1 hrs/wk

LT GEN ROBERT WALSH

DIRECTOR

Board

1 hrs/wk

CAPT ROBERT W WARREN

DIRECTOR

Board

1 hrs/wk

VADM ANTHONY WINNS

DIRECTOR (OUTGOING 2024)

Board

1 hrs/wk

VADM JOHN TERENCE BLAKE

CHAIR

Board

1 hrs/wk

RADM CHRISTINE HUNTER

VICE CHAIR

Board

1 hrs/wk

VADM TED N BRANCH

DIRECTOR

Board

1 hrs/wk

ERIC CANDELORI

DIRECTOR

Board

1 hrs/wk

CAPT ANTHONY COOPER

DIRECTOR

Board

1 hrs/wk

CAPT HEIDI A FLEMING

DIRECTOR

Board

1 hrs/wk

CAPT REGGIE HOWARD

DIRECTOR

Board

1 hrs/wk

CAPT BRENDA K MALONE

DIRECTOR (INCOMING 2024)

Board

1 hrs/wk

VADM ALLEN G MYERS

DIRECTOR

Board

1 hrs/wk

CAPT GARY A ROGENESS

DIRECTOR

Board

1 hrs/wk

JAMES MALTESE

SENIOR VP, INVESTMENTS

Staff

$489K

40 hrs/wk

MICHELLE RAMOS DOMINGUE

GENERAL COUNSEL

Staff

$395K

40 hrs/wk

PETER MEYERS

VP, SOLUTIONS & TECHNOLOGY

Staff

$382K

40 hrs/wk

LINDSAY MCFARLAND

VP, MEMBER SERVICES

Staff

$354K

40 hrs/wk

FREDERICK MOLEN

DIRECTOR, ACTUARY

Staff

$329K

40 hrs/wk

BRANDON SMITHHART

DIRECTOR, UNDERWRITING

Staff

$238K

40 hrs/wk

WEIHONG LI

ACTUARY

Staff

$235K

40 hrs/wk

DONALD NISBETT

DIRECTOR, MILITARY AFFAIRS & FACILITIES

Staff

$233K

40 hrs/wk

BILLIE DIVVER

SENIOR SALES REPRESENTATIVE

Staff

$224K

40 hrs/wk

Independent contractors

THE LIFE & ANNUITY GROUP INC

CONSULTING SERVICES

$3.7M

ACCENTURE INTL LTD

IT SERVICES

$1.2M

CALCFOCUS LLC

IT SERVICES

$711K

MERAKATA INC

CONSULTING SERVICES

$533K

SUREIFY LABS INC

IT SERVICES

$496K

Details

EIN530116720
NTEE codeW30Z
Subsection23
Ruling date1942-03
Formed1879
Employees148
Volunteers15
NAVY MUTUAL AID ASSOCIATION — Mission, Financials & Grants Received | Grantivo