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Armed Services Mutual Benefit

Foundation · Grantmaker Goodlettsville, TN EIN: 62-0758518 Website

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.

Key facts about Armed Services Mutual Benefit

EIN
62-0758518
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$137,226
Grants made (2025)
1
Average grant
$137,226
Median grant
$137,226
Total assets
$63,346,194
Primary geography
Tennessee (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

How Armed Services Mutual Benefit gives

  • Giving grew 34% from 2022 to 2025. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Armed Services Mutual Benefit

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$63.3M

+5.5% YoY

Annual Giving

$137K

+21.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$137K

+21.2% YoY

About Armed Services Mutual Benefit

Based on IRS filings

Armed Services Mutual Benefit is a nonprofit organization focused on Public, Societal Benefit, based in Goodlettsville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $63.3M in total assets. In 2025, it awarded 1 grant totaling $137K. Net investment income was $2.9M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Goodlettsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M202020212022202320242025
Metric202520242023
Total Assets$63,346,194$60,063,419$56,245,710
Revenue$8,573,677$7,896,351$7,537,390
Expenses$5,477,437$5,885,557$5,906,651
Qualifying Distributions———
Net Investment Income$2,908,323$2,024,729$1,533,713
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$69K$103K$137K1 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Asmba Star Foundation Inc: $137KAsmba Star Foundation Inc$137K

Grant Size Distribution

5 grants across all recorded years

<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Asmba Star Foundation Inc ($137,226).

RecipientPurposeAmount
ASMBA STAR FOUNDATION INC Goodlettsville, TNSUPPORT MILITARY NOT-FOR-PROFITS$137,226

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

BRICE N SMITH non-voting — President: $345KBRICE N SMITH non-votingPresident$345K

From 2025 IRS filing

NameTitleHoursCompensation
BRICE N SMITH non-votingPresident45$345,057
Debra KubietChair2—
John SaragaVice Chair2—
James McKeeGovernors Board2—
Dennis TonneslanGovernors Board2—
Frank MurphyGovernors Board2—
Pete AubreyGovernors Board2—
Susan FaveroGovernors Board2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Armed Services Mutual Benefit?

Armed Services Mutual Benefit is a nonprofit organization focused on Public, Societal Benefit, based in Goodlettsville, TN. It holds $63.3M in total assets as of 2025.

How large is Armed Services Mutual Benefit?

As of 2025, Armed Services Mutual Benefit holds $63.3M in total assets with $8.6M in annual revenue. It awarded 1 grant totaling $137K in 2025.

Where does Armed Services Mutual Benefit operate?

Armed Services Mutual Benefit has awarded grants in Tennessee.

What size grants does Armed Services Mutual Benefit award?

In 2025, Armed Services Mutual Benefit awarded 1 grant totaling $137K — an average of about $137K per grant, based on its IRS Form 990 filings.

What is Armed Services Mutual Benefit's EIN?

Armed Services Mutual Benefit's EIN (Employer Identification Number) is 62-0758518. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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