Air Force Sergeants Association is located in Suitland, MD. The organization was established in 1965. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Air Force Sergeants Association employed 19 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Air Force Sergeants Association is a 501(c)(19) and as such, is described as a "Post or Organization of Past or Present Members of the Armed Forces" by the IRS.
For the year ending 12/2021, Air Force Sergeants Association generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE WELL-BEING OF MEMBERS OF THE UNIFORMED SERVICES AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIELD SUPPORT:TO ADVOCATE FOR IMPROVED QUALITY OF LIFE AND ECONOMIC FAIRNESS THAT WILL SUPPORT THE WELL-BEING OF ALL UNIFORMED SERVICE MEMBERS AND THEIR FAMILIES. MEMBER BENEFITS INCLUDE A VARIETY OF AFFORDABLE HEALTH, AND AUTO INSURANCE PLANS, CREDIT AVAILABILITY, AND OTHER MONEY-SAVING SERVICES TAILORED TO UNIFORMED SERVICE MEMBERS' LIFE AND NEEDS. AIR FORCE SERGEANTS ASSOCIATION (AFSA) SERVED 55,944 MEMBERS AS OF DECEMBER 31, 2021.
MAGAZINE AND NEWSLETTER:DEVELOPMENT, PRODUCTION AND MAILING OF SERGEANTS MAGAZINE, NEWSLETTER AND SIMILAR PUBLICATIONS TO KEEP MEMBERS ABREAST OF AIR FORCE ISSUES. AFSA PUBLISHED ITS MAGAZINE ONLINE IN 2021 AND MADE IT AVAILABLE TO APPROXIMATELY 223,776 READERS DURING THE YEAR.
CONFERENCES:PROVIDE CONFERENCE TO DEVELOP AND EDUCATE MEMBERS ON UNIFORMED SERVICES, CURRENT LEGISLATION AND EARN CEU CREDITS. THE AFSA 2021 CONFERENCE WAS HELD IN ORLANDO, FL AND OVER 2500 PERSONNEL ATTENDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith A Reed Executive Director | Officer | 31 | $150,363 |
Juanita Weems Director, Accounting & Finance | Officer | 27 | $106,200 |
Kerry Wright Afsa President | OfficerTrustee | 2 | $0 |
Jeffrey Foreman Vice President | OfficerTrustee | 2 | $0 |
Michael Carton Afsa President | OfficerTrustee | 2 | $0 |
Blake Manuel Vice President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $413,832 |
All other contributions, gifts, grants, and similar amounts not included above | $120,408 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $534,240 |
Total Program Service Revenue | $1,347,780 |
Investment income | $31,500 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $898,546 |
Net Rental Income | $208,800 |
Net Gain/Loss on Asset Sales | $96,290 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,171,289 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,669 |
Grants and other assistance to domestic individuals. | $3,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $271,286 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $689,692 |
Pension plan accruals and contributions | $11,300 |
Other employee benefits | $106,857 |
Payroll taxes | $82,914 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,579 |
Fees for services: Accounting | $45,940 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,823 |
Advertising and promotion | $0 |
Office expenses | $194,526 |
Information technology | $158,894 |
Royalties | $0 |
Occupancy | $210,404 |
Travel | $102,138 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $587,976 |
Interest | $23,572 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $217,529 |
Insurance | $86,487 |
All other expenses | $9,009 |
Total functional expenses | $2,998,519 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $821,370 |
Savings and temporary cash investments | $596,158 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $653,535 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $128,523 |
Net Land, buildings, and equipment | $1,670,990 |
Investments—publicly traded securities | $2,201,174 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,913 |
Total assets | $6,098,663 |
Accounts payable and accrued expenses | $93,343 |
Grants payable | $0 |
Deferred revenue | $1,382,970 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $603,109 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $77,627 |
Total liabilities | $2,157,049 |
Net assets without donor restrictions | $3,808,729 |
Net assets with donor restrictions | $132,885 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,098,663 |
Organization Name | Assets | Revenue |
---|---|---|
Air Force Aid Society Inc Arlington, VA | $262,482,165 | $46,086,376 |
Veterans Multi-Service Center Inc Philadelphia, PA | $4,990,474 | $14,923,218 |
The National Military Family Association Alexandria, VA | $8,448,648 | $9,411,080 |
Vietnam Veterans Of America Inc Silver Spring, MD | $22,711,920 | $10,930,074 |
United Service Organizations Inc Fort Myer, VA | $0 | $2,240,114 |
Marine Corps Association Quantico, VA | $17,818,262 | $7,455,788 |
U S Naval Sea Cadet Corps Arlington, VA | $6,985,927 | $8,234,482 |
Veterans Leadership Program Of Western Pennsylvania Inc Pittsburgh, PA | $2,368,240 | $7,560,705 |
Women In Military Service For America Memorial Foundation Inc Arlington, VA | $11,722,569 | $5,876,595 |
Caring For Military Families The Elizabeth Dole Foundation Washington, DC | $8,548,001 | $7,173,277 |
Young Marines Of The Marine Corps League Dumfries, VA | $6,204,129 | $6,595,765 |
Coast Guard Mutual Assistance Incorporated Arlington, VA | $53,600,951 | $7,292,457 |