NAVY MUTUAL AID ASSOCIATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: NAVY MUTUAL AID ASSOCIATION (EIN 53-0116720)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-08
IRS object ID: 201333129349301128
Schema version: 2012v2.1
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 F
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-08T10:44:37-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	521446779	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JOHNSON LAMBERT LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	700 SPRING FOREST RD STE 115	AddressLine1
City	RALEIGH	City
State	NC	State
ZIP Code	27609	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	530116720	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NAVY MUTUAL AID ASSOCIATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	NAVY	NameControl
Phone	8006286011	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	29 CARPENTER RD - HENDERSON HALL	AddressLine1
City	ARLINGTON	City
State	VA	State
ZIP Code	22212	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BRUCE B ENGELHARDT	Name
Title	PRESIDENT	Title
Phone	7036141638	Phone
Date Signed	2013-11-07	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	JOHN HUSKINS	Name
PTIN	P01081531	PTIN
Phone	9197196400	Phone
Date Prepared	2013-11-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BRUCE B ENGELHARDT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	29 CARPENTER RD - HENDERSON HALL	AddressLine1
City	ARLINGTON	City
State	VA	State
ZIP Code	22212	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	352064247	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.NAVYMUTUAL.ORG	WebSite
Type Of Organization Association	X	TypeOfOrganizationAssociation
Year Formation	1879	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	AND FORM 990, PART III, LINE 1:TO PROVIDE MEMBERS OF THE NAVY, MARINES, COAST GUARD, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, PUBLIC HEALTH SERVICE, AND HONORABLY DISCHARGED VETERANS (COLLECTIVELY THE "SEA SERVICES") LIFE INSURANCE AT AS NEAR THE ACTUAL NET COST AS POSSIBLE; ASSIST SEA SERVICE MEMBERS AND THEIR FAMILIES IN SECURING FEDERAL BENEFITS TO WHICH THEY MAY BE LEGALLY ENTITLED; AND EDUCATE SEA SERVICE MEMBERS AND THEIR FAMILIES ON MATTERS OF FINANCIAL SECURITY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	19	NbrIndependentVotingMembers
Total Nbr Employees	100	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	86545369	ProgramServiceRevenuePriorYear
Program Service Revenue CY	74869379	ProgramServiceRevenueCY
Investment Income Prior Year	173423856	InvestmentIncomePriorYear
Investment Income Current Year	167397748	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1038343	OtherRevenuePriorYear
Other Revenue Current Year	1026912	OtherRevenueCurrentYear
Total Revenue Prior Year	261007568	TotalRevenuePriorYear
Total Revenue Current Year	243294039	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	125751982	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	118961287	BenefitsPaidToMembersCY
Salaries Etc Prior Year	8565688	SalariesEtcPriorYear
Salaries Etc Current Year	9986645	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	110347643	OtherExpensePriorYear
Other Expenses Current Year	90178007	OtherExpensesCurrentYear
Total Expenses Prior Year	244665313	TotalExpensesPriorYear
Total Expenses Current Year	219125939	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	16342255	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	24168100	RevenuesLessExpensesCY
Total Assets BOY	2681325206	TotalAssetsBOY
Total Assets EOY	2696874214	TotalAssetsEOY
Total Liabilities BOY	2481988060	TotalLiabilitiesBOY
Total Liabilities EOY	2501698663	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	199337146	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	195175551	NetAssetsOrFundBalancesEOY
Mission Description	SEE SCHEDULE O	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	THE NAVY MUTUAL AID ASSOCIATION ("NAVY MUTUAL") IS A MUTUAL AID ASSOCIATION THAT CONSERVATIVELY MANAGES ITS ASSETS TO PAY PROMISED LIFE INSURANCE BENEFITS TO ITS MEMBERS AND THEIR BENEFICIARIES. NAVY MUTUAL'S BENEFIT PLANS ARE DESIGNED AT AS NEAR ACTUAL NET COST AS POSSIBLE IN ORDER TO PROVIDE MEMBERS OF THE SEA SERVICES WITH LIFE INSURANCE COVERAGE THAT IS NOT LIMITED BY WAR, TERRORISM, OR AVIATION CLAUSES. NAVY MUTUAL'S INSURANCE IS NOT SUBJECT TO LIMITS ON COVERAGE BASED ON ACTIVE DUTY STATUS OR GEOGRAPHICAL LOCATION.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Description	AS A CONGRESSIONALLY-CHARTERED VETERANS SERVICE ORGANIZATION, NAVY MUTUAL PRESENTS EDUCATIONAL PROGRAMS TO MEMBERS OF THE SEA SERVICES AND THEIR FAMILIES IN ORDER TO ASSIST THEM IN UNDERSTANDING MILITARY SURVIVOR BENEFITS.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Description	AS A CONGRESSIONALLY-CHARTERED VETERANS SERVICE ORGANIZATION, NAVY MUTUAL PROVIDES BENEFICIARY ASSISTANCE AND COUNSELING TO ASSIST MEMBERS' SURVIVORS THROUGH THE DEATH PROCESS AND TO HELP SECURE THE FEDERAL BENEFITS TO WHICH THEY MAY BE ENTITLED.	Description

Field	Value	IRS element (for citing)
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	1	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	11	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	100	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	19	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	0	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ADAM MULLINS	NamePerson
Telephone Number	8006286011	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	29 CARPENTER ROAD-HENDERSON HALL	AddressLine1
City	ARLINGTON	City
State	VA	State
ZIP Code	22212	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (33 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee
ERIC CANDELORI
DIRECTOR	1.00	X	0	0	0
JAMES CARMAN
DIRECTOR	1.00	X	0	0	0
ISAIAH COLE
DIRECTOR	1.00	X	0	0	0
JAN GAUDIO
DIRECTOR	1.00	X	0	0	0
GARY LABUDA
DIRECTOR	1.00	X	0	0	0
JOHN LUECKE
DIRECTOR	1.00	X	0	0	0
KATHLEEN MARTIN
DIRECTOR	1.00	X	0	0	0
MICHELLE MCATEE
DIRECTOR	1.00	X	0	0	0
MICHAEL MCDANIEL
DIRECTOR	1.00	X	0	0	0
JOHN ROOTS
DIRECTOR	1.00	X	0	0	0
ERICA SCHWARTZ
DIRECTOR	1.00	X	0	0	0
PATRICK STILLMAN
DIRECTOR	1.00	X	0	0	0
STAN SZEMBORSKI
DIRECTOR	1.00	X	0	0	0
FRANK THORP IV
DIRECTOR	1.00	X	0	0	0
LEO WILLIAMS
DIRECTOR	1.00	X	0	0	0
MIKE WILLIAMS
DIRECTOR	1.00	X	0	0	0
MARK WILSON
DIRECTOR	1.00	X	0	0	0
JEFFREY OSTER
CHAIRMAN	1.00	X	0	0	0	X
RANDY WELCH
VICE CHAIR	1.00	X	0	0	0	X
BRUCE ENGELHARDT
PRESIDENT	40.00	X	476117	0	73181	X
DAVID FRIDELL
CHIEF FINANCIAL OFFICER	40.00		212553	0	24971	X
THOMAS BENTON
VP TECHNOLOGY & SYSTEMS	40.00		193357	0	11967		X
LAUREN BLOOM
GENERAL COUNSEL	40.00		226232	0	49031		X
MICHELLE BRICKWEDDE
VP HR & ADMIN	40.00		239777	0	31286		X
SANGEETA JACOBS
VP, BUSINESS PROCESS REENGINEERING	40.00		193495	0	32317		X
ALLEN MCCRAY
VP INVESTMENTS	40.00		207473	0	41440		X
JOHN MCVEIGH
VP MEMBERSHIP	40.00		249096	0	30000		X
MICHELLE SMITH
VP OPERATIONS	40.00		159119	0	30788		X
DAVID BRAGG
VP IT	40.00		147720	0	14801			X
MARK SUMMERS
DIRECTOR, BENEFICIARY & CUSTOMER SERVICE	40.00		153491	0	26888			X
ANTHONY GLASSFORD
DIRECTOR, NEW BUSINESS	40.00		146153	0	23200			X
ROBERT HOLT
DIRECTOR OF SALES	40.00		145593	0	28381			X
DANIEL WALCZUK
SALES REPRESENTATIVE	40.00		155713	0	35915			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	2905889	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	454166	TotalOtherCompensation
Number Individuals GT100 K	22	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
ACCENTURE
5 SPRING STREET	MURRAY HILL	NJ	07974	CONVERSION SUPPORT	9897983
THE LIFE & ANNUITY GROUP
ONE CONSTITUTION AVE	HARTFORD	CT	06103	CONVERSION SUPPORT	1220766
SEGUE TECHNOLOGIES
2300 WILSON BLVD STE 420	ARLINGTON	VA	22201	CONVERSION SUPPORT	1218113
WHITE & PARTNERS
13665 DULLES TECHNOLOGY DR STE 150	HERNDON	VA	20171	MARKETING	1121296
MONSTER MEDIAWORKS
517 S LAKE DESTINY ROAD SUITE 100	ORLANDO	FL	32810	SALES SERVICES	685715

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	20	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
NET EARNED PREMIUM	524113	52591150	52591150
SUPPLEMENTAL CONTRACTS	524298	19744684	19744684
ANNUITY CONSIDERATIONS	524298	2533545	2533545

Field	Value	IRS element (for citing)
Total Program Service Revenue	74869379	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	166084874	TotalRevenueColumn
Exclusion	$166,084,874	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	110083082	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	108770208	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	1312874	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	1312874	TotalRevenueColumn
Exclusion	$1,312,874	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	AMORTIZATION OF IMR	Description
Business Code	524298	BusinessCode
Total Revenue Column	1026912	TotalRevenueColumn
Exclusion	$1,026,912	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	1026912	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	243294039	TotalRevenueColumn
Related Or Exempt Function Income	74869379	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$168,424,660	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	118961287	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	2482199	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5040185	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1196905	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	825343	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	442013	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	272542	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	205246	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	330240	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1808629	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2849741	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1178247	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	4433159	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	167162	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	133921	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2379308	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
CHANGE IN LIFE RESERVE	74649973
MEDICAL EXPENSES	837467
CHANGE IN WAR RESERVE	540388
CHANGE IN EMPLOYEE BENE	391595

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	389	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	219125939	Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	95156959	BOY
EOY	85461729	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	157869678	BOY
EOY	161456725	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	7948261	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3981535	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	3918303	BOY
EOY	3966726	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1999003842	BOY
EOY	1975858338	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	396511740	BOY
EOY	441871001	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	28864684	BOY
EOY	28259695	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2681325206	BOY
EOY	2696874214	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	29891331	BOY
EOY	35090961	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1209370	BOY
EOY	1232622	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	14356	BOY
EOY	15297	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	2450873003	BOY
EOY	2465359783	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2481988060	BOY
EOY	2501698663	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	199337146	BOY
EOY	195175551	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	199337146	BOY
EOY	195175551	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2681325206	BOY
EOY	2696874214	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	24168100	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	6455725	ReconciliationUnrealizedInvest
Reconcilation Other Changes	-34785420	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtc
Included On FS	1	IncludedOnFS
Explanation In Part XIII	X	ExplanationInPartXIII

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6186218	OtherCostOrOtherBasis
Depreciation	2465213	Depreciation
Book Value	3721005	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1762043	OtherCostOrOtherBasis
Depreciation	1516322	Depreciation
Book Value	245721	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	3966726	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (5 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
MORTGAGE LOANS	52576987	C
REAL ESTATE LIMITED PARTNERSHIP	8370334	F
PRIVATE PLACEMENT BONDS	371016544	F
REAL ESTATE CONSOLIDATED CORP. & PARTNERSHIP	8294814	F
SECURITIES RECEIVABLE	1612322	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	441871001	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
RESERVE FOR LIFE CONTRACTS	$2,259,741,139
LIABILITY FOR DEPOSIT-TYPE CONTRACTS	$164,551,403
ASSET VALUATION RESERVE	$25,288,305
INTEREST MAINTENANCE RESERVE	$6,170,104
EMPLOYEE BENEFITS	$9,608,832

Field	Value	IRS element (for citing)
Total Of Amounts	2465359783	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	240544314	TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F990	0	RevenueNotRptdF990
Revenue Subtotal	240544314	RevenueSubtotal
Investment Expenses Not Included	330240	InvestmentExpensesNotIncluded
Other Revenues Not Included	2419485	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	2749725	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	243294039	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	216376214	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	216376214	ExpensesSubtotal
Investment Expenses Not Included2	330240	InvestmentExpensesNotIncluded2
Other Expenses Not Included	2419485	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	2749725	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	219125939	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
PART IV, LINE 2B:	NMAA HOLDS AMOUNTS IN ESCROW FOR MEDICAL AND DEPENDENT CARE.
	EXPENSE ALLOCATION 2,419,485.	PART XI, LINE 4B - OTHER ADJUSTMENTS:
	EXPENSE ALLOCATION 2,419,485.	PART XII, LINE 4B - OTHER ADJUSTMENTS:

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Total ExpendituresTotalExpenditures
CENTRAL AMERICA & CARIBBEAN	INVESTMENT	4488852
EAST ASIA & PACIFIC	INVESTMENT	34433881
EUROPE	INVESTMENT	127227105
MIDDLE EAST & NORTH AFRICA	INVESTMENT	30312782
NORTH AMERICA	INVESTMENT	68211267

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	264673887	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	264673887	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (14 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
BRUCE ENGELHARDT
PRESIDENT	261617	0	175000	0	39500	0	47900	0	25281	0	549298	0	0	0
DAVID FRIDELL
CHIEF FINANCIAL OFFICER	180553	0	15000	0	17000	0	0	0	24971	0	237524	0	0	0
THOMAS BENTON
VP TECHNOLOGY & SYSTEMS	140857	0	30000	0	22500	0	0	0	11967	0	205324	0	0	0
LAUREN BLOOM
GENERAL COUNSEL	164732	0	45000	0	16500	0	31500	0	17531	0	275263	0	0	0
MICHELLE BRICKWEDDE
VP HR & ADMIN	189777	0	50000	0	0	0	20500	0	10786	0	271063	0	0	0
SANGEETA JACOBS
VP, BUSINESS PROCESS REENGINEERING	135970	0	35000	0	22525	0	14800	0	17517	0	225812	0	0	0
ALLEN MCCRAY
VP INVESTMENTS	139973	0	45000	0	22500	0	31800	0	9640	0	248913	0	0	0
JOHN MCVEIGH
VP MEMBERSHIP	149596	0	60000	0	39500	0	26700	0	3300	0	279096	0	0	0
MICHELLE SMITH
VP OPERATIONS	125735	0	25000	0	8384	0	14300	0	16488	0	189907	0	0	0
DAVID BRAGG
VP IT	125920	0	0	0	21800	0	0	0	14801	0	162521	0	0	0
MARK SUMMERS
DIRECTOR, BENEFICIARY & CUSTOMER SER	102089	0	28000	0	23402	0	16200	0	10688	0	180379	0	0	0
ANTHONY GLASSFORD
DIRECTOR, NEW BUSINESS	89808	0	28000	0	28345	0	19900	0	3300	0	169353	0	0	0
ROBERT HOLT
DIRECTOR OF SALES	111480	0	20000	0	14113	0	7200	0	21181	0	173974	0	0	0
DANIEL WALCZUK
SALES REPRESENTATIVE	130214	0	11686	0	13813	0	20400	0	15515	0	191628	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Return Reference	PART I, LINE 1A	ReturnReference
Explanation	SOCIAL CLUB DUES WERE PROVIDED TO THE PRESIDENT OF NAVY MUTUAL AID ASSOCIATION. THE ENTIRE COST WAS TREATED AS TAXABLE INCOME TO THE RECIPIENT.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6	NMAA HAS A MEMBERSHIP OF APPROXIMATELY 100,000. ALL MEMBERS HAVE THE OPPORTUNITY EACH YEAR TO VOTE FOR BOARD MEMBERS, INCLUDING THE CHAIRMAN. ALL MEMBERS WILL SHARE IN THE PROFIT/NET ASSETS OF THE ORGANIZATION IN THE UNLIKELY EVENT OF A DISSOLUTION.
FORM 990, PART VI, SECTION A, LINE 7A	NAVY MUTUAL HOLDS ANNUAL ELECTIONS IN WHICH ITS MEMBERS VOTE TO FILL OPEN BOARD POSITIONS. BOARD TERMS ARE EACH THREE YEARS, AND BOARD MEMBERS CAN SERVE FOR A MAXIMUM OF THREE TERMS.
FORM 990, PART VI, SECTION B, LINE 11	A DRAFT OF NAVY MUTUAL'S FORM 990 IS MADE AVAILABLE TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. QUESTIONS ARE ANSWERED ON A TIMELY BASIS.
FORM 990, PART VI, SECTION B, LINE 12C	MEMBERS OF NAVY MUTUAL'S BOARD OF DIRECTORS ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST IN WRITING. OUR LEGAL DEPARTMENT REVIEWS THE DISCLOSURE STATEMENTS TO ENSURE COMPLIANCE. WE POST OUR CODE OF ETHICS ON OUT INTRANET HOMEPAGE. BREACHING THE CODE OF ETHICS OR CONFLICT OF INTEREST POLICY IS GROUNDS FOR DISCIPLINE, UP TO AND INCLUDING TERMINATION.
FORM 990, PART VI, SECTION B, LINE 15	FOUR MEMBERS OF NAVY MUTUAL'S BOARD CONSTITUTE OUR COMPENSATION COMMITTEE. THIS COMMITTEE MEETS 2 TIMES/YEAR TO DISCUSS AND ANALYZE THE PRESIDENT'S AND STAFFS' SALARY AND BONUS FOR THE FOLLOWING YEAR. THE COMMITTEE USES SEVERAL BENCHMARKS IN ITS DISCUSSION/ANALYSIS, INCLUDING AN INDEPENDENT NOT-FOR-PROFIT SALARY STUDY, AN INSURANCE COMPANY SALARY STUDY AND A LOCAL AREA SALARY STUDY. THE COMMITTEE ALSO UTILIZES AN OUTSIDE COMPENSATION CONSULTANT TO VERIFY COMPENSATION BY GRADE AND BY JOB DESCRIPTION FOR ALL EMPLOYEES, INCLUDING THE PRESIDENT. THIS COMPARABILITY STUDY IS CONDUCTED EVERY 3 YEARS FOR EMPLOYEES AND EVERY YEAR FOR THE PRESIDENT. THE RESULTS OF THE COMMITTEE'S ANALYSIS ARE PRESENTED TO THE FULL BOARD OF DIRECTORS FOR APPROVAL PRIOR TO IMPLEMENTATION. THE PRESIDENT'S COMPENSATION WAS LAST REVIEWED IN NOVEMBER 2012.
FORM 990, PART VI, SECTION C, LINE 19	ALL PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST. A FINANCIAL STATEMENT SUMMARY IS INCLUDED IN NAVY MUTUAL'S ANNUAL REPORT, WHICH IS AVAILABLE ON-LINE.
FORM 990, PART XI, LINE 9:	CHANGE IN ASSET VALUATION RESERVE -3,904,675. CHANGE IN NON-ADMITTED ASSETS -6,924,643. CHANGE IN ADDITIONAL MINIMUM LIABILITY FOR POSTRETIREMENT BENEFITS -2,079,550. CHANGE IN ACCOUNTING PRINCIPLE - RESERVE VALUATION BASIS -21,876,552.	CHANGES IN NET ASSETS OR FUND BALANCES: