Armed Forces Mutual
Legal name: American Armed Forces Mutual Aid Association
Nonprofit profile at a glance
- EIN
- 530213841
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Fort Myer, VA, USA
- Phone
- 1-855-399-7360
- Rating confidence
- Limited
Reported finances
- Revenue
- $142,767,854
- Expenses
- $144,335,669
- Assets
- $1,263,544,055
- Liabilities
- $86,059,947
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
33 people listed
Executive titles in this filing
- MICHAEL J MEESE (PRESIDENT)
- CHARLENE G WILDE (SR VICE PRESIDENT & ASST SECRETARY)
- JAMES J HAVENER (PRESIDENT, AMS)
- STEPHEN C MANNELL (PRESIDENT, AWMT)
Highest reported compensation
- JAMES J HAVENER (PRESIDENT, AMS): $455,364 total reported compensation
- MICHAEL J MEESE (PRESIDENT): $399,570 total reported compensation
- GERALD T QUINN (COO & SECRETARY): $396,073 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide military families and Veterans with information, insurance, financial planning, investments, mortgages, survivor assistance, and other benefits.
What it reported doing in 2025
Aafmaa's primary activity is to provide life insurance for those individuals who qualify under the internal revenue code (irc) section 501(c)(23) definition, which means they must be present or past members of the united states armed forces or their family members. In addition, aafmaa provides assistance to members with military benefits, retirement planning, veterans administration (va) claim processing, and document storage in both its physical and digital vaults. It also provides survivor assistance for families of military members to ensure that surviving family members obtain their life insurance benefits, social security benefits, va benefits, and all other appropriate entitlements.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 71
- Accountability: 86
- Sustainability: 43
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 66th 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: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 91.7%; rating input score 92; 21st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 8.75; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.2% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 10th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 12 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $455K · 33 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.4M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 4 filed schedules · includes executive pay and related organizations
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 21 filed money-flow records
- Related organizations: 36 filed related-organization links
- 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.
- High — Sustainability: Operating margin scored 13/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 25/100.