Armed Services Mutual Benefit Association in Goodlettsvlle, Tennessee (TN)

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Armed Services Mutual Benefit Association
Employer Identification Number (EIN)620758518
Name of OrganizationArmed Services Mutual Benefit Association
Address1000 Northchase Dr Ste 220, Goodlettsvlle, TN 37072-2150
ActivitiesUnderwriting municipal insurance
SubsectionPost or Organization of War Veterans
Ruling Date05/2008
DeductibilityContributions are deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period03/2014
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$50,267,278
Amount of Income$52,635,552
Form 990 Revenue Amount$8,262,696
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Military, Veterans' Organizations


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Amount of income in 2014: $52,635,552
This organization: 

 $52,635,552
Other organizations performing similar types of work: 

 $50,717

Assets in 2014: $50,267,278
This organization: 

 $50,267,278
Other organizations performing similar types of work: 

 $24,098

Expenses in 2014: $11,502,180
Armed Services Mutual Benefit Association: 

 $11,502,180
Other organizations performing similar types of work: 

 $30,000

Income to expenses ratio in 2014: 4.6
This organization: 

 4.6
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2006: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 67.8%

Employees paid over $100,000 in 2014: 28.6%
This organization: 

 28.6%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 0.3%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?NoNo
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesYes
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 10961612
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return1614
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$579,985$597,945
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$380,800$102,502
Total number of individuals who received more than $100,000 of reportable compensation from the organization44
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
201220132014
Total revenue$7,224,904$7,509,032$8,262,696
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$5,711,629$5,950,066$6,201,158
All Other Insurance Related Activities $2,553,620$2,596,548
All Other Insurance Related Activities $1,841,853$2,006,149
All Other Insurance Related Activities $519,290$486,435
All Other Insurance Related Activities $435,552$447,247
All Other Insurance Related Activities $262,844$313,844
All other program service revenue$336,907$350,935
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$372,534$360,286$416,737
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$12,216$176,602$139,328
Gross rents (Real / Personal)$707,265 / $0$857,929 / $0$855,500 / $0
Less: rental expenses (Real / Personal)$695,049 / $0$681,327 / $0$716,172 / $0
Rental income or (loss) (Real / Personal)$12,216 / $0$176,602 / $0$139,328 / $0
Net gain/loss from sales of assets other than inventory$1,132,424$1,018,425$1,503,123
Gross amount from sales of assets other than inventory (Securities / Other)$10,875,022 / $0$54,887,235 / $0$45,159,807 / $0
Less: cost or other basis and sales expenses (Securities / Other)$9,742,598 / $0$53,868,810 / $0$43,656,684 / $0
Gain or (loss) (Securities / Other)$1,132,424 / $0$1,018,425 / $0$1,503,123 / $0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$-3,899$3,653$2,350
All Other Insurance Related Activities $3,653$2,350
All other revenue$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$8,820,543$10,491,857$11,502,180
Grants and other assistance to domestic organizations and domestic governments$300,000$300,000
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$858,430$960,785$712,900
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$247,572$289,023$281,281
Pension plan accruals and contributions$236,310$998
Other employee benefits$47,911$46,041
Payroll taxes$57,758$63,223$59,921
Fees for services (non-employees)
Management$0$0
Legal$44,983$44,400
Accounting$26,401$26,600
Lobbying$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$2,086,850$1,861,847
Office expenses$187,338$179,564
Information technology$0$0
Royalties$0$0
Occupancy$109,201$104,612
Travel$6,121$3,998
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$17,891$18,172
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$33,504$37,802
Insurance$2,878$2,682
Other expenses$5,526,541$7,167,537
Other expenses$289,893$208,060
Other expenses$128,247$200,885
Other expenses$75,235$106,835
Other expenses$59,522$138,045
Balance Sheet
201220132014
Total assets$52,678,721$51,877,411$50,267,278
Cash - non-interest-bearing$1,109,227$611,458
Savings and temporary cash investments$5,686,120$7,664,794
Pledges and grants receivable, net$0$0
Accounts receivable, net$75,036$25,054
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$0$0
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$50,153$56,613
Land, buildings, and equipment: cost or other basis$5,030,240$4,759,625
Investments - publicly traded securities$32,246,498$29,598,593
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$7,680,137$7,551,141
Total liabilities$23,372,262$24,703,090$25,576,515
Accounts payable and accrued expenses$2,039,684$1,345,102
Grants payable$0$0
Deferred revenue$434,792$428,119
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$22,228,614$23,803,294
Total net assets or fund balances$29,306,459$27,174,321$24,690,763
Unrestricted net assets$0$0
Temporarily restricted net assets$0$0
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$29,306,459$27,174,321$24,690,763
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052006
Total revenue$6,593,262$4,841,522$4,905,912$5,340,157$5,444,180$5,860,386$6,893,093
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0
Contributions to donor advised funds$0
Direct public support$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$2,888,263$3,000,083$3,116,068$3,372,628$3,687,580$4,071,665$4,354,141
Membership dues and assessments$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$142,976$126,617$41,459$12,456$33,511$99,809$68,484
Dividends and interest from securities$1,832,319$1,622,681$1,419,430$1,149,387$848,124$932,174$1,214,980
Net rental income or (loss)$333,472$185,621$108,153$73,894$116,680$-1,206$117,184
Gross rents$795,686$732,387$603,858$579,657$658,555$641,547$676,184
Less: rental expenses$462,214$546,766$495,705$505,763$541,875$642,753$559,000
Other investment income$6,836$175$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$1,326,477$-188,844$94,766$731,325$753,910$752,673$1,131,585
Gross amount from sales of assets other than inventory$12,907,004$10,204,039$28,990,742$37,890,497$43,802,112$55,679,526$26,595,749
Less: cost or other basis and sales expenses$11,580,527$10,392,883$28,895,976$37,159,172$43,048,202$54,926,853$25,464,164
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0
Other revenue$62,919$95,189$126,036$467$4,375$5,271$6,719
Total expenses$4,362,441$4,040,644$4,567,989$4,891,366$5,027,945$5,449,387$6,402,384
Program services$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$31,739,723$32,416,462$33,169,086$34,646,048$33,937,221$35,518,616$36,364,383
Excess or (deficit) for the year$2,230,821$800,878$337,923$448,791$416,235$410,999$490,709
Net assets or fund balances at beginning of year$29,720,515$31,739,722$32,416,462$33,169,086$34,646,048$33,937,221$35,518,616
Other changes in net assets or fund balances$-211,613$-124,138$414,701$1,028,171$-1,125,062$1,170,396$355,058
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,402,384$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$3,569,895
Compensation of current officers, directors, key employees, etc.$610,634$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$346,805$0$0$0
Pension plan contributions not included above$135,084$0$0$0
Employee benefits not included above$68,518$0$0$0
Payroll taxes$54,911$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$20,411$0$0$0
Legal fees$88,278$0$0$0
Supplies$22,364$0$0$0
Telephone$11,362$0$0$0
Postage and shipping$372,210$0$0$0
Occupancy$51,583$0$0$0
Equipment rental and maintenance$6,255$0$0$0
Printing and publications$11,994$0$0$0
Travel$3,438$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$63,802$0$0$0
Other expenses not covered above$964,840$0$0$0
Balance Sheets
2000200120022003200420052006
Total assets$45,224,428$45,862,490$46,863,441$48,521,017$47,506,367$49,837,108$51,557,666
Cash - non-interest-bearing$0$0$167,964$75,818$45,933$7,679$191,572
Savings and temporary cash investments$33,225$99,600$2,552,693$3,167,090$878,894$1,449,237$359,986
Accounts receivable less allowance for doubtful accounts$548,538$75,000$75,000$180,242$125,231$104,170$78,708
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$6,310,469$6,674,204$7,262,893$7,563,003$7,750,856$7,951,911$8,130,513
Investments - publicly-traded securities$36,871,947
Investments - other securities$34,269,618$34,824,429$32,518,939$31,270,014$32,590,772$34,970,834$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$3,173,488$4,939,324$5,279,771$4,567,138$4,467,138
Investments - other$3,376,014$3,273,489$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$161,514$256,110$416,885$731,708$676,307$556,229$1,249,021
Other assets, including program-related investments$525,050$659,658$695,579$593,818$158,603$229,910$208,781
Total liabilities$13,484,706$13,446,028$13,694,355$13,874,969$13,569,146$14,318,492$15,193,283
Accounts payable and accrued expenses$4,095,444$4,630,385$4,667,254$4,422,262$3,625,951$3,340,848$1,288,781
Grants payable$0$0$0$0$0$0$0
Deferred revenue$152,398$44,823$353,759$374,749$380,029$394,999$394,774
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$9,236,864$8,770,820$8,673,342$9,077,958$9,563,166$10,582,645$13,509,728
Total liabilities and net assets/fund balances$45,224,428$45,862,490$46,863,441$48,521,017$47,506,367$49,837,108$51,557,666
Total net assets or fund balances$31,739,722$32,416,462$33,169,086$34,646,048$33,937,221$35,518,616$36,364,383
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052006
Total revenue$6,593,262$4,841,521$4,905,912$5,340,157$5,444,180$5,860,386$6,893,093
Total revenue, gains, and other support per audited financial statements$6,381,649$4,717,383$4,905,912$5,244,731$5,371,555$5,778,059$6,818,386
Other expenses$-211,613$-124,138$0$1$1$0$0
Net unrealized gains on investments$-211,613$-124,138$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$1$1$0$0
Other revenue$0$0$0$95,427$72,626$82,327$74,707
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$95,427$72,626$82,327$74,707
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052006
Total expenses$4,362,442$4,040,643$4,567,989$4,891,366$5,027,945$5,449,387$6,402,384
Total expenses and losses per audited financial statements$4,362,442$4,040,643$4,567,989$4,795,939$4,955,320$5,367,062$6,327,676
Other revenue$0$0$0$0$1$2$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$1$2$0
Other expenses$0$0$0$95,427$72,626$82,327$74,708
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$95,427$72,626$82,327$74,708
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings7
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200613
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$2,538,952$4,354,141
Program service revenue
Program service revenue 1000000$000$0$2,101,163
Program service revenue 2000000$000$0$61,727
Program service revenue 3000000$000$0$99,061
Program service revenue 4000000$000$0$727,732
Program service revenue 5000000$000$0$1,364,458
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Section 501(c)(9), or (17) organization - Non-exempt function income set aside for the payment of life, sick, accident, or other benefits (section 512(a)(3)(B)(ii))$68,484$0
Dividends and interest from securities000000$0Section 501(c)(9), or (17) organization - Non-exempt function income set aside for the payment of life, sick, accident, or other benefits (section 512(a)(3)(B)(ii))$1,214,980$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Section 501(c)(9), or (17) organization - Non-exempt function income set aside for the payment of life, sick, accident, or other benefits (section 512(a)(3)(B)(ii))$117,184$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Section 501(c)(9), or (17) organization - Non-exempt function income set aside for the payment of life, sick, accident, or other benefits (section 512(a)(3)(B)(ii))$1,131,585$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Section 501(c)(9), or (17) organization - Non-exempt function income set aside for the payment of life, sick, accident, or other benefits (section 512(a)(3)(B)(ii))$6,719$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
1999200020012002200320042005
Total$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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2Sensing Bros Post No 4641 Veterans Of Foreign Wars, 4641 Sensing Brothers Post215 Marshall Stuart Dr, Dickson, TN 37055-2628TN2015-02$170,894
3Dillingham Foundation1315 Highway 70, Kingston Spgs, TN 37082-9290TN2014-07$144,500
4Honorair - Knoxville Inc7536 Taggart Ln, Knoxville, TN 37938-8996TN2010-09$114,222
5Sons Of Confederate Veterans Inc, Rappahannock Old Guard Camp #2133Po Box 59, Columbia, TN 38402TN2007-08$49,603
6Screaming Eagles Aviation Association3925 Sango Road, Clarksville, TN 37043TN2012-09$37,577
7Tennessee Military Collectors AssocPo Box 1006, Brentwood, TN 37024TN2009-09$31,108
8Stars For Stripes Inc109 Rivers Edge Ct, Nashville, TN 37214-2375TN2003-07$26,240
9Tri-Cities Military Affairs Council Inc124 Glendora Dr, Kingsport, TN 37663-3661TN2013-11$9,567
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12Friends Of The 278thPo Box 30804, Knoxville, TN 37930-0804TN2011-03$3,916
13864th Engineer Battalion Alumni Association11650 S Monticello Drive, Knoxville, TN 37934TN2007-12$425
14115th196th Field Artillery Battalion Association Inc180 Walnut Creek Rd, Cordova, TN 38018-7200TN2000-04$0
1524th Infantry Regiment Association151 Curtis Askins Blvd, Fayetteville, TN 37334TN2012-09$0
16310th Bomb Wing Veterang Historical2167 Cumbernauld Cr W, Germantown, TN 38139-5309TN2012-04$0
173rd Quartermaster Veterans Association7220 Dunway Chapel Rd, Lascassas, TN 37085TN2012-06$0
18Alpha Gamma Xi Sorority IncPO BOX 616, Covington, TN 38019-0616TN2015-01$0
19Associates Of Vietnam Veterans Of America Inc3619 John Sims Road, Chattanooga, TN 37412TN1999-11$0
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Number of organizations performing similar types of work
Alaska22
Alabama108
Arkansas51
Arizona108
California416
Colorado134
Connecticut131
District of Columbia67
Delaware22
Florida419
Georgia205
Hawaii48
Iowa159
Idaho31
Illinois363
Indiana88
Kansas144
Kentucky169
Louisiana129
Massachusetts205
Maryland101
Maine69
Michigan111
Minnesota283
Missouri146
Mississippi104
Montana81
North Carolina196
North Dakota36
Nebraska101
New Hampshire64
New Jersey243
New Mexico52
Nevada83
New York454
Ohio386
Oklahoma143
Oregon127
Pennsylvania507
Rhode Island39
South Carolina133
South Dakota11
Tennessee104
Texas300
Utah48
Virginia214
Vermont45
Washington105
Wisconsin92
West Virginia47
Wyoming44
International17
Total7,505

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