ARMED SERVICES MUTUAL BENEFIT ASSOCIATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: ARMED SERVICES MUTUAL BENEFIT ASSOCIATION (EIN 62-0758518)
Tax period: 2022-04-01 to 2023-03-31
Filed: 2023-11-07
IRS object ID: 202303119349304470
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-11-07T17:22:29-08:00	ReturnTs
Tax Period End	2023-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	834386546	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Diana Landa CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1382 Moonlight Trl	AddressLine1Txt
City	Brentwood	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37027	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	620758518	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARMED SERVICES MUTUAL BENEFIT	BusinessNameLine1Txt
Business Name Line2	ASSOCIATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	ARME	BusinessNameControlTxt
Phone	6158510800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 NORTHCHASE DR 220	AddressLine1Txt
City	GOODLETTSVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37072	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRICE N SMITH	PersonNm
Person Title	President	PersonTitleTxt
Signature	2023-11-06	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BRICE N	PersonFirstNm
Person Last	SMITH	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Diana Landa	PreparerPersonNm
PTIN	P00546366	PTIN
Phone	6154800499	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd
Federated Assurance Level	FAL1	FederatedAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRICE N SMITH	PrincipalOfficerNm
Gross Receipts	$23,081,185	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.ASMBA.COM	WebsiteAddressTxt
Type Of Organization Assoc	Yes (X)	TypeOfOrganizationAssocInd
Formation	1963	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	PROVIDE MEMBERS LOW COST LIFE INSURANCE AND SURVIVOR BENEFIT COVERAGE.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	5	TotalEmployeeCnt
Total Volunteers	16	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$5,659,756	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,512,179	CYProgramServiceRevenueAmt
PY Investment Income	$1,575,287	PYInvestmentIncomeAmt
CY Investment Income	$1,533,713	CYInvestmentIncomeAmt
PY Other Revenue	$429,999	PYOtherRevenueAmt
CY Other Revenue	$491,498	CYOtherRevenueAmt
PY Total Revenue	$7,665,042	PYTotalRevenueAmt
CY Total Revenue	$7,537,390	CYTotalRevenueAmt
PY Grants And Similar Paid	$102,485	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$111,228	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$816,702	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$801,507	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,276,889	PYOtherExpensesAmt
CY Other Expenses	$4,993,916	CYOtherExpensesAmt
PY Total Expenses	$7,196,076	PYTotalExpensesAmt
CY Total Expenses	$5,906,651	CYTotalExpensesAmt
PY Revenues Less Expenses	$468,966	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$1,630,739	CYRevenuesLessExpensesAmt
Total Assets BOY	$55,566,131	TotalAssetsBOYAmt
Total Assets EOY	$56,245,710	TotalAssetsEOYAmt
Total Liabilities BOY	$33,320,440	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$33,602,129	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$22,245,691	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$22,643,581	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE MEMBERS WITH A VARIETY OF LOW COST BENEFIT PROGRAMS AND FINANCIAL SECURITY IN THE FORM OF LIFE INSURANCE AND SURVIVOR BENEFIT COVERAGES, WHICH ARE NOT OTHERWISE READILY AVAILABLE, AT REASONABLE RATES OR WITHOUT LIMITING CLAUSES (SUCH AS WAR) TO MEMBERS OF THE ARMED SERVICES DUE TO THEIR OCCUPATION AND THE RISKS INVOLVED.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$5,906,651	ExpenseAmt
Grant	$111,228	GrantAmt
Revenue	$7,537,390	RevenueAmt
Desc	TO PROVIDE MEMBERS WITH A VARIETY OF LOW COST BENEFIT PROGRAMS AND FINANCIAL SECURITY IN THE FORM OF LIFE INSURANCE AND SURVIVOR BENEFIT COVERAGES, WHICH ARE NOT OTHERWISE READILY AVAILABLE, AT REASONABLE RATES OR WITHOUT LIMITING CLAUSES (SUCH AS WAR) TO MEMBERS OF THE ARMED SERVICES DUE TO THEIR OCCUPATION AND THE RISKS INVOLVED.	Desc
Total Program Service Expenses	$5,906,651	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	12	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	5	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BRICE N SMITH	PersonNm
Phone	6158510800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 NORTHCHASE DR STE 220	AddressLine1Txt
City	GOODLETTSVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37072	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
BRICE N SMITH non-voting
President	45.00	0.00	Yes (X)	$295,612	$0	$58,360
CHERYL A STONE non-voting
Vice President	45.00	0.00	Yes (X)	$196,266	$0	$34,404
DANIEL PARKER
CHAIR	2.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
DEBRA KUBIET
VICE CHAIR	2.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
JAMES MCKEE
GOVERNORS BOARD	2.00	0.00		$0	$0	$0	Yes (X)
DENNIS TONNESLAN
GOVERNORS BOARD	2.00	0.00		$0	$0	$0	Yes (X)
FRANK MURPHY
GOVERNORS BOARD	2.00	0.00		$0	$0	$0	Yes (X)
JOHN SARAGA
GOVERNORS BOARD	2.00	0.00		$0	$0	$0	Yes (X)
PETE AUBREY
GOVERNORS BOARD	2.00	0.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$491,878	TotalReportableCompFromOrgAmt
Total Other Compensation	$92,764	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	2	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
CHOICE LEVEL TERM	524298	$1,718,133	$1,718,133
HIGH VALUE LEVEL TERM	524298	$2,653,736	$2,653,736
LEVEL, DECREASING, SBP	524298	$184,475	$184,475
PLATINUM AD&D	524298	$260,247	$260,247
SPOUSE COVERAGE/FAMILY	524298	$431,901	$431,901

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$263,687	TotalRevenueColumnAmt
Exclusion	$263,687	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,512,179	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,131,666	TotalRevenueColumnAmt
Exclusion	$1,131,666	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$598,211	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$106,756	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$491,455	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$491,455	TotalRevenueColumnAmt
Exclusion	$491,455	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$15,839,086	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$15,437,039	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$402,047	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$402,047	TotalRevenueColumnAmt
Exclusion	$402,047	ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$43	TotalRevenueColumnAmt
Exclusion	$43	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$43	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,537,390	TotalRevenueColumnAmt
Exclusion	$7,537,390	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$111,228	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$619,136	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$67,721	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$75,634	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$39,016	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$57,426	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$27,300	TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$92,175	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$58,309	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$98,127	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$74,594	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$23,677	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$100,334	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
MEMBERSHIP BENEFITS	$3,982,257
POLICY ACQUISITION COSTS	$320,356
CONTRACT SERVICES	$104,500
ACTUARIAL EXPENSE	$23,500

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$31,361	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,906,651	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,035,983	BOYAmt
EOY	$903,550	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,802,028	BOYAmt
EOY	$4,520,495	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$191,248	BOYAmt
EOY	$163,656	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$351,585	BOYAmt
EOY	$318,331	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$10,140,454	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,303,041	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$3,232,025	BOYAmt
EOY	$2,837,413	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$39,236,850	BOYAmt
EOY	$42,063,047	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,716,412	BOYAmt
EOY	$5,439,218	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$55,566,131	BOYAmt
EOY	$56,245,710	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$236,371	BOYAmt
EOY	$372,742	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$621,745	BOYAmt
EOY	$649,432	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$32,462,324	BOYAmt
EOY	$32,579,955	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$33,320,440	BOYAmt
EOY	$33,602,129	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$22,245,691	BOYAmt
EOY	$22,643,581	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$22,245,691	BOYAmt
EOY	$22,643,581	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$55,566,131	BOYAmt
EOY	$56,245,710	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$1,630,739	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$979,570	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$253,279	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$1,912,974	InvestmentCostOrOtherBasisAmt
Book Value	$1,912,974	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$4,023,622	InvestmentCostOrOtherBasisAmt
Depreciation	$3,184,587	DepreciationAmt
Book Value	$839,035	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,809,510	OtherCostOrOtherBasisAmt
Depreciation	$3,763,345	DepreciationAmt
Book Value	$46,165	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$365,781	OtherCostOrOtherBasisAmt
Depreciation	$327,820	DepreciationAmt
Book Value	$37,961	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$28,567	OtherCostOrOtherBasisAmt
Depreciation	$27,289	DepreciationAmt
Book Value	$1,278	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,837,413	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
ACCRUED INVESTMENT INCOME	$247,749
DEFERRED POLICY ACQUISTION COSTS	$5,191,469

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$5,439,218	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
HIGH VALUE LEVEL TERM REFUNDS PAYABLE	$7,807
PRESENT VALUE OF CLAIMS PAYABLE	$607,759
RESERVE CLAIMS INCURRED, NOT REPORTED	$325,000
RESERVE FOR FUTURE BENEFITS AND EXPENSES	$31,639,389

Field	Value	IRS element (for citing)
Total Liability	$32,579,955	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$6,465,645	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$979,570	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$979,570	RevenueNotReportedAmt
Revenue Subtotal	$7,445,215	RevenueSubtotalAmt
Investment Expenses Not Incld	$92,175	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$92,175	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$7,537,390	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,814,476	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$5,814,476	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$92,175	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$92,175	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,906,651	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X : FIN48 Footnote	FormAndLineReferenceDesc
Explanation	ASMBA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(19), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE TAX EXEMPT STATUS OF THE ORGANIZATION. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), AN UNCERTAIN TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. ASMBA HAD NO MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANACIAL STATEMENTS.AS OF MARCH 31, 2023 AND 2022, THE ASSOCIATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ASSOCIATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. ASMBA FILES U.S. FEDERAL INFORMATION TAX RETURNS. THE RETURNS ARE GENERALLY OPEN TO AUDIT UNDER THE STATUTES OF LIMITATIONS FOR THREE YEARS FOLLOWING THE LATER OF THE INTITIAL DUE DATE OF THE RETURN OR THE DATE FILED.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ASMBA STAR FOUNDATION INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 NORTHCHASE DR STE 220	AddressLine1Txt
City	GOODLETTSVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37072	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	263180510	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$111,228	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Valuation Method Used	CASH	ValuationMethodUsedDesc
Purpose Of Grant	SUPPORT MILITARY NOT-FOR-PROFITS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Grantmaker's Description of How Grants are Used	FormAndLineReferenceDesc
Explanation	ALL GRANTS ARE APPROVED BY THE BOARD OF GOVERNORS AND THESE APPROVALS ARE RECORDED WITHIN THE BOARD MINUTES.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
BRICE N SMITH non-voting
President	$268,566	$26,446	$600	$20,500	$37,860	$353,972
CHERYL A STONE non-voting
Vice President	$169,532	$16,953	$9,781	$13,739	$20,665	$230,670

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 1a: Relevant information in regards to selections on 1a.	FormAndLineReferenceDesc
Explanation	HEALTH CLUB AND SOCIAL CLUB DUES ARE INCLUDED IN THE EMPLOYEES FORM W-2. COMPENSATION FOR COMPANION TRAVEL IS PROVIDED ON FORM 1099.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, Line 6	ASMBA IS A MEMBERSHIP-BASED ASSOCIATION.
Form 990, Part VI, Section B, Line 11b	THE 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN DISTRIBUTED TO THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
Form 990, Part VI, Section B, Line 12c	THE BOARD AND MANAGEMENT ARE ALL ASKED BY LETTER EACH YEAR TO VERIFY WHETHER THEY HAVE ANY CONFLICTS OF INTEREST.
Form 990, Part VI, Section B, Line 15a	THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF GOVERNORS DURING A CLOSED SESSION OF THE ANNUAL BOARD MEETING. FOR THE ASSOCIATION'S PRESIDENT, THE PROCESS INCLUDES ALL OF THESE ELEMENTS: 1. REVIEW AND APPROVAL - THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD OF GOVERNORS OF THE ASSOCIATION DURING THE CLOSED SESSION OF THE ANNUAL BOARD MEETING IN JUNE. PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL.2. USE OF DATA AS TO COMPARABLE COMPENSATION - THE COMPENSATION IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING - THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT.
Form 990, Part VI, Section B, Line 15b	THE PRESIDENT DETERMINES ALL OTHER SALARIES FOR THE ASSOCIATION. THE EMPLOYEES' SALARIES ARE REVIEWED AT LEAST ON AN ANNUAL BASIS BY THE ASSOCIATION PRESIDENT. THE COMPENSATION IS REVIEWED AND APPROVED BY USING COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN THE NASHVILLE AREA. COST OF LIVING ADJUSTMENTS (COLA) ARE BASED ON THE HIGHER OF SOCIAL SECURITY, CPI-U OR THE MILIARY PAY INCREASE. THE APPROVED DOCUMENT IS SIGNED BY THE ASMBA PRESIDENT AND RETAINED BY THE ASSOCIATION FOR DOCUMENTATION.
Form 990, Part VI, Section C, Line 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
Form 990, Part XI, Line 9	FASB 157 EQUITY ADJUSTMENT FOR VALUATION OF SECURITIES = -$253279
Form 990, Part XII, Line 2c	NO CHANGE FROM PRIOR YEARS.