Air Force Enlisted Village Inc
Nonprofit profile at a glance
- EIN
- 237078212
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Shalimar, FL, USA
- Phone
- 8506513766
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeowners & Tenants Associations
Reported finances
- Revenue
- $20,841,068
- Expenses
- $15,713,459
- Assets
- $68,905,170
- Liabilities
- $37,400,532
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- STEVEN HARO (AFSA INTERNATIONAL PRESIDENT)
- BROOKE MCLEAN (PRESIDENT/CEO)
Highest reported compensation
- BROOKE MCLEAN (PRESIDENT/CEO): $284,829 total reported compensation
- CORY OLSON (COO): $135,248 total reported compensation
- BOBBI OMARRA (EMPLOYEE): $123,974 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The air force enlisted village (afev) is a 501(c)(3) nonprofit community with the focus of caring for retired department of the air force enlisted members and surviving spouses. To provide a secure, caring, and enriching community for our residents and to be the community of choice for these retired and surviving military members.
What it reported doing in 2024
The air force enlisted village provides a home and charitable services to retired department of the air force enlisted members and surviving spouses. We honor our military veterans by providing below market rate housing and provide a direct subsidy to indigent widows/widowers and an overall subsidy to all residents.
Operating model
- Revenue model
- Earned-program. 69% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 79
- Accountability: 96
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 92.6%; rating input score 93
- Fundraising efficiency: $12.87 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.4%; rating input score 94; 28th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 24.6%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 4.39; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 92.6% of spending went to programs
- Governance: 17 of 18 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $14.6M in reported program spending
- Leadership: top reported pay $285K · 22 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $150K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.