AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION (EIN 530213841) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1879

Legal Domicile

Principal Officer

MICHAEL J MEESE

Phone

7037074600

Tax Period

2025-01-01 to 2025-12-31

AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION, founded in 1879, is a major nonprofit that reported $130.3M in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year. Net assets of $1.2B represent 108 months of operating reserves.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO AID ITS MEMBERS AND FAMILIES BY PROVIDING INSURANCE AND OTHER BENEFITS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $78,261,113

Investment Income $37,847,453

Other Revenue $26,659,288

TOTAL REVENUE $142,767,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,444,254

Fundraising Expenses $0

Other Expenses $28,047,345

TOTAL EXPENSES $144,335,669

Year-over-Year Comparison

	2025	2024	Change
Revenue	$142,767,854	$127,405,253	+0.1%
Expenses	$144,335,669	$144,206,693	+0.0%
Net Income	$-1,567,815	$-16,801,440	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

173

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,279,339

Total Directors

$399,570

Key Employees

$3,704,066

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL J MEESE	PRESIDENT	40.00	Officer Director	$359,844	$39,726	$399,570
GEN DENNIS J REIMER	CHAIR	2.00	Officer Director	$0	$0	$0
MG WILLIAM M MATZ	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LTG JOHN A DUBIA	DIRECTOR/CHAIR MEMBERSHIP	2.00	Officer Director	$0	$0	$0
MG JOHN G FERRARI	DIRECTOR/CHAIR FINANCE	2.00	Officer Director	$0	$0	$0
CW3 ROBIN H BOUDIETTE JR	DIRECTOR	2.00	Director	$0	$0	$0
CMSGT LEWIS E MONROE III	DIRECTOR	2.00	Director	$0	$0	$0
COL ELISABETH J STRINES	DIRECTOR	2.00	Director	$0	$0	$0
LTG GUY C SWAN	DIRECTOR	2.00	Director	$0	$0	$0
BGEN DAVID G REIST	DIRECTOR	2.00	Director	$0	$0	$0
MG RODNEY O ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
LTG KEITH C WALKER	DIRECTOR	2.00	Director	$0	$0	$0
BRIG GEN JONATHAN D GEORGE	DIRECTOR (THRU 6/10/25)	2.00	Director	$0	$0	$0
GERALD T QUINN	COO & SECRETARY	40.00	Officer	$349,208	$46,865	$396,073
MARK MATSUURA	CFO & TREASURER	40.00	Officer	$257,018	$25,683	$282,701
CHARLENE G WILDE	SR VICE PRESIDENT & ASST SECRETARY	40.00	Officer	$186,537	$14,458	$200,995
JAMES J HAVENER	PRESIDENT, AMS	40.00	Key Emp	$415,959	$39,405	$455,364
STEPHEN C MANNELL	PRESIDENT, AWMT	40.00	Key Emp	$347,123	$17,995	$365,118
ROBERT GREENBAUM	CHIEF MARKETING OFFICER, AMS	40.00	Key Emp	$330,716	$46,837	$377,553
CHARLES B BETANCOURT	COO, AP	40.00	Key Emp	$326,749	$14,696	$341,445
AMARISH PATHAK	CHIEF TECHNOLOGY OFFFICER, AMS	40.00	Key Emp	$318,473	$14,319	$332,792
DANIEL J MCLAUGHLIN	CFO, AWMT	40.00	Key Emp	$274,007	$15,191	$289,198
STEVEN J SCHNIPPEL	CONTROLLER, AP	40.00	Key Emp	$241,120	$48,334	$289,454
MITCHELL KR TURNER	CHIEF INFORMATION OFFICER	40.00	Key Emp	$234,844	$48,085	$282,929
JOHN J SHIVAR	SVP BUSINESS DEVELOPMENT, AWMT	40.00	Key Emp	$215,010	$36,100	$251,110
KEVIN KINCAID	CHIEF MARKETING OFFICER	40.00	Key Emp	$214,102	$60,387	$274,489
NIRA P SERPA	CONTROLLER	40.00	Key Emp	$197,347	$46,321	$243,668
SHARON GROSSMAN	CONTROLLER, AMS	40.00	Key Emp	$166,557	$34,389	$200,946
JOSHUA M SCHNELLE	SR. RELATIONSHIP MANAGER, AWMT	40.00	Highest	$293,774	$40,618	$334,392
COREY K RIGGS	BRANCH MANAGER, AMS (THRU 10/14/25)	40.00	Highest	$293,464	$41,638	$335,102
ANTHONY E NEMANIC	SR. RELATIONSHIP MANAGER, AWMT	40.00	Highest	$266,116	$44,015	$310,131
PAUL E JABLANSKY	CHIEF INVESTMENT OFFICER, AWMT	40.00	Highest	$244,013	$31,134	$275,147
DANIELLE J NUXOLL	SR RELATIONSHIP MANAGER	40.00	Highest	$228,964	$10,299	$239,263

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$142,767,854	$144,335,669	$1,263,544,055	$-1,567,815
2024	No data	No data	No data	No data
2023	$125,238,471	$126,572,535	$1,299,077,223	$-1,334,064
2022	$130,654,860	$128,906,584	$1,304,493,618	$1,748,276
2021	$156,820,924	$155,623,224	$1,347,409,383	$1,197,700
2020	$132,145,669	$131,412,110	$1,313,694,509	$733,559
2019	$134,816,629	$133,800,328	$1,295,530,154	$1,016,301
2018	$130,316,594	$129,208,511	$1,289,114,167	$1,108,083

AMERICAN ARMED FORCES MUTUAL AID ASSOCIATION