2012-05-17T09:34:41-04:00 2011-12-31 Berlin Ramos & Company PA 11200 Rockville Pike Ste 400 Rockville MD 20852 990 2011-01-01 530213841 ARMY AND AIR FORCE MUTUAL AID ASSOCIATION % ASSOCIATION ARMY 7035223060 102 SHERIDAN AVENUE FORT MYER VA 22211 WALTER R LINCOLN CFP 2012-05-11 true WALTER R LINCOLN CFP 3015899000 2011 2016-02-24 21:20:13Z WALTER R LINCOLN C/O ORGANIZATION FORT MYER VA 22211 103683462 false X www.aafmaa.com X 1879 VA THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO AID ITS MEMBERS AND FAMILIES IN A PROMPT, SIMPLE AND SUBSTANTIAL MANNER. 19 18 68 0 0 0 41408195 45593683 50794710 52985695 908635 914317 93111540 99493695 0 0 55226964 57801666 4273578 6040161 0 0 0 29732266 34602005 89232808 98443832 3878732 1049863 951509414 1000566826 37408156 44675274 914101258 955891552 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO AID ITS MEMBERS AND FAMILIES IN A PROMPT, SIMPLE AND SUBSTANTIAL MANNER. false false 91394414 THE ORGANIZATION OPERATES SOLELY FOR THE MUTUAL BENEFIT OF ITS MEMBERS, THEIR FAMILIES AND BENEFICIARIES. IT PROVIDES LOW- INTEREST-SENSITIVE AND TERM LIFE INSURANCE PROTECTION TO ITS APPROXIMATELY 90,000 MEMBERS. 2476141 THE ORGANIZATION PROVIDES A FINANCIAL AWARENESS PROGRAM, INCOME PROTECTION, INSURANCE COUNSELING, AND ASSISTANCE IN APPLYING FOR ENTITLEMENT BENEFITS TO A LARGE PORTION OF ITS MEMBERSHIP. 93870555 false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false true false false false false true 1067 0 68 true false false false false false false X 19 18 false false false false true true true true true false false false true true true true true true false false X ASSOCIATION 7035223060 102 SHERIDAN AVENUE FORT MYER VA 22211 X LTG DONALD M BABERS 2.0 X GEN JACK N MERRITT 2.0 X WALTER R LINCOLN CFP 50.0 X X 363431 0 0 BG MACK C HILL 2.0 X BG L DONNE OLVEY 2.0 X MG ROBERT L SMOLEN 2.0 X COL JAMES P GERSTENLAUER 2.0 X COL TYRUS W COBB 2.0 X LTG JOHN A DUBIA 2.0 X GEN JOHN A SHAUD 2.0 X MG DONALD W SHEPPERD 2.0 X COL ELISABETH J STRINES 2.0 X LTC GEORGE T GREILING 2.0 X LTG JOSEPH DEFRANCISCO 2.0 X CSM GEORGE HORVATH 2.0 X CMSGT LEWIS E MONROE 2.0 X COL DENNIS D PORTER 2.0 X CMSGT JOHN T RIDGE 2.0 X WILLIAM J LENNOX 2.0 X TOM E HARGIS 35.0 X 153066 0 0 BRADY M GRULER 35.0 X 149382 0 0 JAMES M MALLEY 50.0 X 293597 0 LISA G MILMAN 35.0 X 129184 0 0 FLORENCE B WILSON CPA 35.0 X 163574 0 0 GARY N AIKEN 35.0 X 108717 0 0 A E LYNE BABIN 40.0 X 116054 0 1067354 409651 0 6 false true false C-VIEW CORP 2506 E MEREDITH DRIVE VIENNA VA 22181 MARKETING CONSULTANT 859180 EDDY SQUARED LLC 23 WILLETT WAY GREENSBORO NC 27408 ACTUARIAL SERVICES 247918 METROSTAR SYSTEMS INC 1856 OLD RESTON AVE SUITE 100 RESTON VA 20190 INFORMATN TECHNOLOGY 3070220 HP ENTERPRISE SERVICES LLC 5400 LEGACY DRIVE PLANO TX 75024 INFORMATN TECHNOLOGY 427282 WOMBLE CARLYLE SANDRIDGE RICE 1200 NINETEENTH ST NW SUITE 500 WASHINGTON DC 20036 LEGAL SERVICES 110253 10 0 PREMIUM REVENUE 43052749 43052749 MEMBERSHIP FEES FOR SERVICES 64793 64793 AFA MEMBER SERVICE INCOME 2476141 2476141 45593683 52890965 52890965 0 0 1199802 1094592 105210 105210 3189905 3095175 94730 94730 0 0 0 CONSIDERATION SUPPLEMENTAL CONTRACTS 752848 752848 LOAN FEES 53423 53423 OTHER INVEST INC - R/E SUBSIDIARIES 2836 2836 809107 99493695 99293755 0 0 0 57801666 57801666 1477005 943497 533508 0 0 3476851 2468564 1008287 334787 237699 97088 438351 311229 127122 313167 222349 90818 0 187388 46847 140541 172597 172597 0 0 1290628 1290628 99672 99672 1886403 1413979 472424 249255 189257 59998 1849577 1313200 536377 0 534542 379525 155017 19393 19393 0 109487 109487 0 0 235716 167358 68358 37112 37112 RESERVES FUNDING LIFE POLICIES 13949495 13949495 RESERVES FUNDING ANNUITIES 515134 515134 RESV FUNDING INTEREST CREDITED 9388640 9388640 MEDICAL ADVISORS, UNDERWRITING 228620 228620 3848346 2756597 1091749 98443832 93870555 4573277 0 686729 7167555 34203166 43246793 0 0 5020 54465 0 0 0 0 0 0 0 0 0 291783 24924340 2410590 985991 22513750 746868569 728640713 158403152 188392908 0 0 0 8561 10356787 10250298 951509414 1000566826 1990101 2303433 0 0 1650191 2662058 0 0 0 0 0 0 0 0 0 0 33767864 39709783 37408156 44675274 X 0 0 0 0 914101258 955891552 914101258 955891552 951509414 1000566826 X 1049863 40740431 X false true true X false 10970691 10970691 1600081 1411513 1181578 1830016 5625901 879085 4746816 800731 324373 476358 4464654 50768 25553 4489869 22513750 REAL ESTATE MORTGAGES 103174444 C INVESTMENT IN SUBS 21955389 C POLICY LOANS 63263075 C 188392908 0 DEATH BENEFITS PAYABLE 17525465 ACCRUED POSTRETIREMENT BENEFIT 22017 SETTLEMENT OPTIONS PAYABLE 16226092 MORTGAGE ESCROW LIABILITY 882260 OBLIGATION-SECURITIES IN TRANS 4785920 DUE TO SUBSIDIARIES 220102 PREPAID RENT 24793 SECURITY DEPOSIT PAYABLES 23134 39709783 X X false false false WALTER R LINCOLN CFP 318431 0 45000 24500 11360 399291 0 TOM E HARGIS 145316 0 7750 15995 13091 182152 0 FLORENCE B WILSON CPA 155924 0 7650 16513 1055 181142 0 JAMES M MALLEY 193597 100000 11025 15310 319932 AAFMAA MONITORING POLICY PART VI SECTION B #12c AAFMAA MAINTAINS A CONFLICT OF INTEREST STANDARD AND POLICY FOR DIRECTORS, CONSISTENT WITH THE VIRGINIA NONSTOCK CORPORATION ACT. TO RETAIN THEIR LIABILITY PROTECTION AND INDEMNIFICATION, DIRECTORS MAY NOT PARTICIPATE IN A "CONFLICT OF INTEREST TRANSACTION" AS A "NON-DISINTERESTED DIRECTOR." ANY DIRECTOR WHO BECOMES NON-DISINTERESTED MUST ADVISE THE OTHER DIRECTORS THAT HE OR SHE IS NON-DISINTERESTED WITH RESPECT TO THE APPLICABLE MATTER AND RECUSE HIMSELF OR HERSELF FROM VOTING IN ANY BOARD OR COMMITTEE MEETING ON ANY ACTION REGARDING AAFMAA AND THE APPLICABLE MATTER. THIS POLICY IS PROVIDED TO DIRECTORS AT EVERY JUNE BOARD MEETING THROUGH A MEMORANDUM FROM AAFMAA'S GENERAL COUNSEL. WITHIN THE MEMORANDUM THE GENERAL COUNSEL PROVIDES SPECIFIC GUIDANCE ON THE POLICY SO THAT DIRECTORS CAN RELY ON IT AS LEGAL ADVICE. AAFMAA POLICY PART VI SECTION B #15b AAFMAA RETAINED AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW THE COMPENSATION OF THE PRESIDENT AND TREASURER AND COMPARE IT TO COMPENSATION SURVEY DATA FROM PARALLEL POSITIONS IN OTHER SIMILAR SIZE ASSOCIATIONS. THE PRESIDENT AND TREASURER'S SALARY FOLLOWS A METHOD ESTABLISHED SPECIFICALLY FOR THIS POSITION. IT IS REVIEWED AND APPROVED ANNUALLY BY THE CHAIRMAN OF THE BOARD. FOR ALL OTHER EMPLOYEES, THE PROCESS INCLUDES ANNUAL, WRITTEN REVIEWS AND PAY INCREASES DEPENDING UPON PERFORMANCE APPRAISALS. PAY INCREASES ARE WITHIN RANGES INITIALLY ESTABLISHED BY EXTERNAL COMPENSATION CONSULTANTS. RANGES ARE UPDATED ANNUALLY FOR INFLATION BUT NOT ANNUALLY FOR COMPARABILITY. RATINGS ARE COMPLETED CONTEMPORANEOUSLY AND FILED IN INDIVIDUAL PERSONNEL RECORDS. THIS PROCESS APPLIES TO ALL, NOT JUST OFFICERS OR KEY EMPLOYEES. DISCLOSURES PART VI SECTION C #19 GOVERNING DOCUMENT: A COPY OF THE CONSTITUTION IS GIVEN TO EACH MEMBER WHEN HE/SHE JOINS THE ASSOCIATION. ANNUAL REPORT INCLUDING AUDITED FINANCIAL STATEMENTS IS SENT TO EACH MEMBER EACH YEAR. THE IRS FORM 990 IS PROVIDED TO THE PUBLIC UPON REQUEST IN ACCORDANCE WITH THE 1996 TAXPAYERS BILL OF RIGHTS. AAFMAA 990 REVIEW POLICY PART VI SECTION B #11 THE FORM 990 IS REVIEWED BY THE CONTROLLER. OTHER CHANGES IN NET ASSETS PART XI - RECONCILIATION OF NET ASSETS OTHER CHANGES IN NET ASSETS ARE AS FOLLOWS: INSURANCE & OTHER RESERVES INCREASES $ 23,140,384 INTEREST MAINTENANCE RESERVE INCREASE 1,635,049 CHANGE IN UNREALIZED DEPRECIATION OF EQUITY SECURITIES (2,566,017) INCREASE IN NON-ADMITTED ASSETS (3,424,374) MEMBER'S CAPITAL OF DISREGARDED ENTITIES 21,955,389 TOTAL CHANGE IN NET ASSETS $ 40,740,431 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LTG DONALD M BABERS TITLE:CHAIRMAN OF THE BOARD HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GEN JACK N MERRITT TITLE:VICE CHAIRMAN OF THE BOARD HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:WALTER R. LINCOLN, CFP TITLE:PRESIDENT, TREASURER HOURS:50 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BG MACK C HILL TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BG L DONNE OLVEY TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MG ROBERT L SMOLEN TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:COL JAMES P GERSTENLAUER TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:COL TYRUS W COBB TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LTG JOHN A DUBIA TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GEN JOHN A SHAUD TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MG DONALD W SHEPPERD TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:COL ELISABETH J STRINES TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LTC GEORGE T GREILING TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LTG JOSEPH DEFRANCISCO TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CSM GEORGE HORVATH TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CMSGT LEWIS E MONROE TITLE:DIRECTOR, MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:COL DENNIS D. PORTER TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CMSGT JOHN T. RIDGE TITLE:DIRECTOR, FINANCE COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:WILLIAM J. LENNOX TITLE:CHAIRMAN MEMBERSHIP COMMITTEE HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:TOM E HARGIS TITLE:SECRETARY HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BRADY M GRULER TITLE:VICE PRES FOR INSURANCE HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JAMES M MALLEY TITLE:EXEC VP & CHIEF OPER OFFICER HOURS:50 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LISA G MILMAN TITLE:VICE PRES MARKETING & SALES HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FLORENCE B WILSON, CPA TITLE:CHIEF FINANCIAL ADVISOR HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:GARY N. AIKEN TITLE:SENIOR FINANCIAL ANALYST HOURS:35 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:A. E. LYNE BABIN TITLE:MANAGER MEMBER SERVICES HOURS:40 AAFMAA PROPERTY LLC 1856 OLD RESTON AVENUE RESTON VA 20190 264249351 REAL ESTATE VA 105235 22016095 AAFMAA AAFMAA FINANCIAL ADVISORS LLC 1850 OLD RESTON AVENUE RESTON VA 20190 270728455 COUNSELING VA 462399 -60705 AAFMAA