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Filing year 2023

MILITARY BENEFIT ASSOCIATION

Chantilly, Virginia·EIN 52-6056457·9
Total revenue
$42M
Total assets
$35.1M
Total expenses
$38M
Reported officers
16
Mission

THE MISSION OF THE MBA IS THE PROMOTION OF THE WELFARE OF ITS MEMBERS, THE ADVANCEMENT AND SAFEGUARDING OF THEIR ECONOMIC INTERESTS, AND GENERALLY TO ENCOURAGE AND PROMOTE BETTER FINANCIAL CONDITIONS FOR ITS MEMBERS THROUGH COOPERATIVE ENTERPRISES.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

$357k
$390k
Base
$308k
Bonus
Other
$774
Benefits
$3k
Director, IT
chief information officer
$215k
$234k
Base
$159k
Bonus
$4k
Other
$1k
Benefits
$11k
VP & Secretary (to Sep '23)
vice president
$177k
$194k
Base
$131k
Bonus
$16k
Other
$891
Benefits
$10k
Accountant
highest compensated employee
$168k
$183k
Base
$114k
Bonus
$4k
Other
$1k
Benefits
$11k
Office Manager
highest compensated employee
$135k
$147k
Director, Strategic Planning
highest compensated employee
$128k
$140k
Base
$96k
Bonus
$2k
Other
$362
Benefits
$17k
$67k
$74k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Down 10%
from 2022

From $396k in 2022 to $357k in 2023.

$396k
2022
$357k
2023
In today's dollarsEst.
Down 14% in real terms$451k to $390k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

MILITARY BENEFIT ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$40.7M
$37.8M
2022
$42M
$38M
2023
Total revenue and total expenses from IRS Form 990 filings.
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