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Filing year 2024

ARMED FORCES BENEFIT ASSOCIATION

Alexandria, Virginia·EIN 53-0209087·501(c)(9)
Total revenue
$162.9M
Total assets
$195.4M
Total expenses
$147.1M
Reported officers
23
Mission

PROMOTE THE WELFARE OF MEMBERS OF THE U.S. UNIFORMED SERVICES, FEDERAL GOVERNMENT EMPLOYEES, FIRST RESPONDER EMERGENCY PERSONNEL AND THEIR FAMILIES BY PROVIDING LOW COST LIFE INSURANCE, AND OTHER BENEFITS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$1.4M
$1.5M
Base
$682k
Bonus
$540k
Other
$135k
Benefits
$2k
CFO
Above 90th percentile
$614k
$652k
Base
$379k
Bonus
$136k
Other
$60k
Benefits
$19k
Svp, Human Resources
Senior Vice President
Median to 75th percentile
$340k
$361k
Base
$245k
Bonus
$58k
Other
$3k
Benefits
$19k
CIO
Chief Information Officer
75th to 90th percentile
$334k
$354k
Base
$235k
Bonus
$63k
Other
$3k
Benefits
$19k
Cae
Officer (Unspecified)
$317k
$336k
Base
$225k
Bonus
$54k
Other
$4k
Benefits
$19k
Svp, Operations
Senior Vice President
Median to 75th percentile
$303k
$322k
Base
$209k
Bonus
$58k
Other
$3k
Benefits
$19k
Vp, National Guard Market
Board Vice President
75th to 90th percentile
$282k
$299k
Base
$203k
Bonus
$46k
Other
$675
Benefits
$19k
Controller
Above 90th percentile
$251k
$266k
Base
$182k
Bonus
$35k
Other
$4k
Benefits
$19k
Vp, Distri Support Svcs
Board Vice President
75th to 90th percentile
$245k
$260k
Base
$185k
Bonus
$25k
Other
$5k
Benefits
$19k
Dir of Statistics & Analysis
Highest Compensated Employee
75th to 90th percentile
$243k
$258k
Base
$179k
Bonus
$32k
Other
$4k
Benefits
$19k
Treasurer & Customer Advo
Highest Compensated Employee
Median to 75th percentile
$228k
$242k
Base
$187k
Bonus
$3k
Other
$7k
Benefits
$19k
Chairman
Board Chair
Median to 75th percentile
$68k
$72k
Director
Board Member
75th to 90th percentile
$56k
$60k
Director
Board Member
75th to 90th percentile
$56k
$60k
Director
Board Member
75th to 90th percentile
$56k
$60k
Director
Board Member
75th to 90th percentile
$56k
$60k
Director
Board Member
Median to 75th percentile
$50k
$53k
Director
Board Member
Median to 75th percentile
$50k
$53k
Director
Board Member
Median to 75th percentile
$50k
$53k
Svp, General Counsel
Senior Vice President
10th to 25th percentile
$41k
$43k
Director (as of 02/24)
Board Member
Median to 75th percentile
$38k
$40k
Association Secretary
Secretary (Operational)
Median to 75th percentile
$32k
$34k
Vp, Mktg & Comms
Vice President
25th percentile to median
$31k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 2%
from 2023

From $1.3M in 2023 to $1.4M in 2024.

$1.3M
2023
$1.4M
2024
In today's dollarsEst.
Down 1% in real terms$1.5M to $1.5M

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 4%.

$1.3M in 2023 to $1.4M in 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.
  • Senior Vice President pay fell 4% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ARMED FORCES BENEFIT ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$156.2M
$148M
2023
$162.9M
$147.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ARMED FORCES BENEFIT ASSOCIATION

What does the Chief Executive Officer of ARMED FORCES BENEFIT ASSOCIATION earn?

In 2024, the Chief Executive Officer of ARMED FORCES BENEFIT ASSOCIATION received $1,379,650 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ARMED FORCES BENEFIT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ARMED FORCES BENEFIT ASSOCIATION falls in the top 10%.

What are ARMED FORCES BENEFIT ASSOCIATION's revenue and expenses?

In 2024, ARMED FORCES BENEFIT ASSOCIATION reported $162.9M in total revenue and $147.1M in total expenses on its IRS Form 990.

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