2019-11-13T11:11:24-06:00 2019-06-30 592922169 SALTMARSH CLEAVELAND & GUND 900 NORTH 12TH AVENUE PENSACOLA FL 32501 990 2018-07-01 237078212 AIR FORCE ENLISTED VILLAGE INC AIRF 8506513766 92 SUNSET LANE SHALIMAR FL 325791000 BROOKE MCLEAN PCEO 8506513766 2019-11-04 1 MOLLY MURPHY CPA P00985783 8504358300 2019-10-30 170.249.129.82 2019-11-04 14:12:20 CS P E6EDE0B538F3B871E76BBE9C69CDBF008F92F1F9 DBD0AAD96CA034578C0AAF7B325AFD93057F6BB5 2018 2020-04-17 16:48:07Z BROOKE MCLEAN 92 SUNSET LANE SHALIMAR FL 325791000 23038835 0 X WWW.AFEV.US X 1967 FL DIRECT SUPPORT OF SPOUSES (WIDOW, WIDOWER) WHICH INCLUDES RENT, MAINTENANCE, OR EXPENSES ASSOCIATED WITH RELOCATING TO AN AFAF AFFIL HOME. 14 13 169 1425 0 0 1955859 2981871 7721594 7745523 823810 1103431 50008 29643 10551271 11860468 752347 447988 0 0 3578179 4112117 112402 84108 499549 5599729 5710783 10042657 10354996 508614 1505472 45475127 51240701 21736690 29815694 23738437 21425007 TO PROVIDE DIRECT SUPPORT FOR SURVIVING SPOUSES OF RETIRED AIR FORCE ENLISTED PERSONNEL AND COUPLES WHICH INCLUDES RENT, MAINTENANCE, OR EXPENSES ASSOCIATED WITH RELOCATING TO AN AFAF AFFILIATED HOME. 0 0 4529141 447988 7745523 THE FOUNDATION PROVIDES HOUSING FOR APPROXIMATELY 500 SURVIVING SPOUSES AND RETIRED AIR FORCE ENLISTED PERSONNEL OVER 55 YEARS OF AGE. THE PROGRAM INCLUDES A SUBSIDY FOR RENTAL FEES FOR QUALIFIED RESIDENTS. 2418459 THE ADMINISTRATION OF THE FOUNDATION AND HOUSING UNITS WHICH PROVIDES HOUSING FOR INDIGENT WIDOW/WIDOWERS OF RETIRED AIR FORCE PERSONNEL. 2316031 THE FOUNDATION ALSO PROVIDES PERSONAL SERVICES FOR RESIDENTS SUCH AS MEDICAL SUPPLIES AND MEDICATIONS, TRANSPORTATION, SOCIAL ACTIVITIES, I.E. DINNERS, PICNICS, ARTS & CRAFTS, AND EXERCISE CLASSES FOR THE FOUNDATION'S RESIDENTS. 9263631 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 169 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X SANDY LUTYENS 8506136387 92 SUNSET LANE SHALIMAR FL 325791000 TOM RICE DIRECTOR 1.00 X 0 0 0 WADE JOHNSON DIRECTOR 1.00 X 0 0 0 KALETH WRIGHT MILITARY LIASON 1.00 X 0 0 0 MARK WILKE DIRECTOR 1.00 X 0 0 0 GERALD MURRAY DIRECTOR 1.00 X 0 0 0 MICHAEL CARTON DIRECTOR 1.00 X 0 0 0 KIM WITNER DIRECTOR 1.00 X 0 0 0 JOSEPH MAST CHAIRMAN 1.00 X X 0 0 0 SUZIE SCHWARTZ DIRECTOR 1.00 X 0 0 0 THOMAS WESTERMEYER DIRECTOR 1.00 X 0 0 0 ALEXIA BROWN DIRECTOR 1.00 X 0 0 0 SANDY LUTYENS TREASURER / CFO 60.00 X X 79587 0 10090 NORMAN BROZENICK DIRECTOR 1.00 X 0 0 0 BROOKE MCLEAN PRESIDENT/CEO 60.00 X X 166360 0 5300 JULIA CRUTCHFIELD VICE CHAIRMAN 1.00 X X 0 0 0 ALLEN USRY DIRECTOR 1.00 X 0 0 0 CAROLYN KETCHEL DIRECTOR 1.00 X 0 0 0 WHIT PETERS DIRECTOR 1.00 X 0 0 0 JOE MARKIN DIRECTOR 1.00 X 0 0 0 GARY PLUMB DIRECTOR 1.00 X 0 0 0 245947 0 15390 1 0 1 0 LORD & SON COSTRUCTION INC PO BOX 1808 FT WALTON BEACH FL 32549 CONSTRUCTION 2673430 BEAR GENERAL CONTRACTORS LLC 2803 E CERVANTES STREET STE C PENSACOLA FL 32503 CONSTRUCTION 1233329 NOELKER & HULL ASSOCIATES INC 30 WEST KING STREET CHAMBERSBURG AL 17201 ARCHITECTURE 924940 BUILDERS FIRSTSOURCE 1500 W MAIN STREET PENSACOLA FL 32502 WINDOW INSTALLATION 585343 GLC CONTRACTING INC 315 SHELL AVENUE SE FT WALTON BEACH FL 32548 CONSTRUCTION 378827 19 37270 2944601 41204 2981871 RESIDENT SERVICE FEES AND SUBSIDI 532000 7745523 7745523 7745523 236710 236710 11997456 2500 11133235 0 864221 2500 866721 866721 74775 37270 45132 29643 29643 11860468 7745523 0 1133074 447988 447988 3471446 3043775 214660 213011 62246 62246 313454 295525 10247 7682 264971 233854 14586 16531 14976 8986 5990 50979 30587 20392 84108 84108 48209 48209 85639 68575 17064 65590 65590 330762 294304 32709 3749 490625 472255 18370 82539 9201 50582 22756 39259 33087 6172 879692 872593 7099 1836723 1807228 29495 290830 263202 27628 REPAIR AND MAINTENANCE 492968 489386 3582 TURNOVER EXPENSES 461768 461768 CONTRACTED SERVICES 197061 101172 73010 22879 RESIDENT TRANSPORTATION 36813 36813 306350 231086 12021 63243 10354996 9263631 591816 499549 2160323 3331059 1132259 589527 616874 522491 2857 51313 15404 14987 370372 285153 63594811 24497745 30611075 39097066 10301807 7289009 264156 60096 45475127 51240701 841943 1830494 80321 147529 20814426 27837671 21736690 29815694 X 17424135 15343908 6314302 6081099 23738437 21425007 45475127 51240701 X 1505472 -583907 -3234995 X X 1 X 1 X 1 0 X 2888040 2135940 1971491 2004987 2961722 11962180 2888040 2135940 1971491 2004987 2961722 11962180 11962180 187633 217096 237899 246784 236710 1126122 13088302 6371591 0.91400 0.90770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 681920 681920 48924975 20999458 27925517 3188959 2202075 986884 1061855 908562 153293 9737102 387650 9349452 39097066 EQUITY MUTUAL FUNDS 4097942 F EQUITY COMMON STOCK 11182 F CORPORATE DEBT SECURITIES 2529156 F EQUITY EXCHANGE TRADED FUNDS 650729 F 7289009 X 7649479 -583907 10166 -3234995 -3808736 11458215 402253 402253 11860468 9962909 10166 45132 55298 9907611 447385 447385 10354996 PART X, LINE 2: THE VILLAGE HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE, SECTION 501(C) (3) AS A NOT-FOR-PROFIT CORPORATION. THE VILLAGE IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE OR ACCRUAL IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE -5,126. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -3,229,869. PART XI, LINE 4B - OTHER ADJUSTMENTS: SUBSIDIES 447,385. DIRECT EXPENSES OF FUNDRAISING ACTIVITIES -45,132. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING ACTIVITIES 45,132. PART XII, LINE 4B - OTHER ADJUSTMENTS: SUBSIDIES 447,385. X X X 1 CONTEMPO DIRECT 3975 BISHOPWOOD CT W NAPLES FL 34114 FUNDRAISING CONSULTANTS 0 192727 58017 134710 192727 58017 134710 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY IA GOLF TOURNAMENT 65377 9900 55477 16323 9K RUN 36630 27370 9260 25294 1 10038 10038 3515 112045 37270 74775 45132 45132 29643 0 HOUSING, HEALTHCARE SERVICES, TRANSPORTATION, MEDICATION AND MEDICAL NEED GRANTS ARE GIVEN TO THOSE AIR FORCE WIDOWS WHO ARE FINANCIALLY UNABLE TO PAY FOR THESE SERVICES. 51 447988 FAIR MARKET VALUE; APPRAISAL A PORTION OF RENTAL PAYMENTS AND HEALTHCARE SERVICES IS SUBSIDIZED. 0 0 0 0 0 0 0 0 0 BROOKE MCLEAN PRESIDENT/CEO 138750 0 27610 0 0 0 4400 0 900 0 171660 0 0 0 X VARIOUS ITEMS 51 41204 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A AFEV HAS A NOMINATING COMMITTEE WHO NOMINATES NEW MEMBERS AND THE FULL BOARD VOTES TO APPROVE/DISAPPROVE. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO INVESTMENT STRATEGIES MUST BE APPROVED BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIVING THE COMPLETED FORM 990 FROM THE ACCOUNTANTS, THE FORM 990 IS E-MAILED TO ALL BOARD MEMBERS TO BE REVIEWED. THE FORM 990 IS PRESENTED AT THE ANNUAL BOARD MEETING. UPON APPROVAL OF THE NECESSARY BOARD MEMBERS, THE FORM 990 IS SIGNED BY THE PCEO. FORM 990, PART VI, SECTION B, LINE 12C A DISCLOSURE FORM IS PRESENTED TO ALL BOARD MEMBERS AT THE TIME OF ELECTION TO THE BOARD AND/OR WHENEVER CONFLICTS ARISE TO DISCLOSE ANY CONFLICTS OF INTEREST. AS DISCLOSURES ARE MADE OR AS CONFLICTS ARISE, THE DISINTERESTED MEMBERS OF THE AFEV EXECUTIVE COMMITTEE MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT SUBSEQUENT ACTIONS ARE APPROPRIATE. THE BOARD RETAINS THE RIGHT TO MODIFY OR REVERSE ANY DETERMINATION MADE BY THE EXECUTIVE COMMITTEE. IN ADDITION, ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY, DURING THE ANNUAL BOARD OF DIRECTORS MEETING, AND ARE REQUIRED TO COMPLETE AND SIGN AN ACKNOWLEDGEMENT FORM IF ANY CHANGES HAVE OCCURRED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES THE PCEO'S COMPENSATION. THE PROCESS INVOLVES INPUT FROM OTHER OFFICERS OF THE CORPORATION ALONG WITH THE PCEO'S RECENT EVALUATIONS, YEARS OF EXPERIENCE, AND ACCOMPLISHMENTS. THE COMPENSATION IS DETERMINED INDEPENDENT OF THE BUDGETING PROCESS. COMPENSATION OF OTHER MANAGEMENT-LEVEL EMPLOYEES IS DETERMINED BY THE PCEO AND APPROVED ANNUALLY BY THE BUDGET COMMITTEE AND THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE -5,126. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -3,229,869. PART XII LINE 2C THE PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PREVIOUS YEARS.