2023-04-21T09:00:08-05:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 3998 FAIR RIDGE DR SUITE 360 FAIRFAX VA 22033 990 2022-01-01 470583461 ASSOCIATION OF MILITARY BANKS OF AMERICA ASSO 5403473305 2300 WILSON BLVD SUITE 700 1042 ARLINGTON VA 22201 STEVEN J LEPPER PRESIDENT/CEO 5403473305 2023-04-18 1 STEVEN LEPPER XXX-XX-XXXX 0 X ALLISON PARSONS P01519444 7032814880 2023-04-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X STEVEN J LEPPER 2300 WILSON BLVD SUITE 700 1042 ARLINGTON VA 22201 991805 0 X WWW.AMBAHQ.ORG X 1959 CO THE ASSOCIATION OF MILITARY BANKS OF AMERICA (AMBA) IS A NOT-FOR-PROFIT TRADE ASSOCIATION THAT REPRESENTS FINANCIAL INSTITUTIONS SPECIALIZING IN PROVIDING WORLDWIDE BANKING SERVICES FOR MILITARY PERSONNEL, VETERANS, AND THEIR FAMILIES. AMBA, THROUGH ITS MEMBERS AND WITH ITS PARTNERS, IS COMMITTED TO IMPROVING THE FINANCIAL READINESS OF THE U.S. MILITARY AND VETERAN COMMUNITIES BY PROVIDING FINANCIAL PRODUCTS, SERVICES, AND EDUCATION. 15 15 2 0 1 0 0 0 104349 130072 1643965 861733 0 0 1748314 991805 0 0 0 0 369322 383184 0 0 0 376952 549632 746274 932816 1002040 58989 9554885 9615106 839 2071 9554046 9613035 SEE SCHEDULE O. 0 0 IN 2022, AMBA CONTINUED ITS PARTNERSHIP WITH THE VETERANS BENEFITS ADMINISTRATION, U.S. DEPARTMENT OF VETERANS AFFAIRS, IN THE VETERANS BENEFITS BANKING PROGRAM (VBBP). VBBP IS A PROGRAM, STARTED IN 2019, DESIGNED TO ENCOURAGE UNBANKED AND UNDERBANKED VETERANS TO OPEN BANK OR CREDIT UNION CHECKING ACCOUNTS INTO WHICH THEIR VA MONETARY BENEFITS CAN BE DEPOSITED AND MANAGED. THE PROGRAM IS INTENDED TO HELP VETERANS AVOID THE LACK OF SAFETY, RELIABILITY, AND FLEXIBILITY INHERENT IN THE ONLY OTHER WAYS THEY CAN RECEIVE THEIR GOVERNMENT BENEFITS: PREPAID DEBIT CARDS AND PAPER CHECKS. VBBP 2.0, WHICH ADDED FINANCIAL EDUCATION AND FINANCIAL AND CREDIT COUNSELING, WAS SUCCESSFULLY LAUNCHED IN 2022. AS OF THE END OF 2022, VBBP IS CREDITED WITH "BANKING" OVER 200,000 VETERANS. AMBA'S SOCIAL MEDIA AND DIRECT MARKETING COMMUNICATION EFFORTS CONTINUED TO ASSIST ITS MEMBERS AND NON-PROFIT ORGANIZATION PARTNERS TO EXPAND FINANCIAL EDUCATION FOR THE MILITARY AND VETERAN COMMUNITIES THROUGH NEWSLETTERS, WEBINARS, AND SOCIAL MEDIA POSTS. IN 2022, AMBA CONTINUED TO MARKET THE UPDATED HARDCOPY OF ARMED FORCES FINANCIAL GUIDE AND ENCOURAGED MEMBERS TO SUBSCRIBE TO ITS ONLINE VERSION, WHICH CAN BE ACCESSED BY BANK CUSTOMERS. AMBA HELD ITS FIRST IN-PERSON ANNUAL WORKSHOP SINCE THE PANDEMIC, WHICH WAS A RESOUNDING SUCCESS. THIS PROGRAM BROUGHT TOGETHER THE ENTIRE MILITARY AND VETERAN FINANCIAL WELLNESS PUBLIC-PRIVATE PARTNERSHIP FOR DISCUSSIONS ABOUT HOW WE MIGHT COLLABORATE BETTER. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 7 0 2 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 1 0 DC X STEVEN J LEPPER 5403473305 2300 WILSON BLVD SUITE 700 1042 ARLINGTON VA 22201 MICHAEL S LEAGUE CHAIRMAN ELECT 1.00 X X 0 0 0 STEVE BERES DIRECTOR 1.00 X 0 0 0 TIFFANY DAVIS-SCHAEFER DIRECTOR 1.00 X 0 0 0 LARRY T WILSON DIRECTOR 1.00 X 0 0 0 FRED A ALVARADO DIRECTOR 1.00 X 0 0 0 W H BILL CROAK DIRECTOR 1.00 X 0 0 0 JOHN M BIRD CHAIRMAN 1.00 X X 0 0 0 TODD FOX DIRECTOR 1.00 X 0 0 0 JAMES M CARLILE DIRECTOR 1.00 X 0 0 0 LINDSEY STREETER DIRECTOR 1.00 X 0 0 0 GEOFFREY P HICKMAN DIRECTOR 1.00 X 0 0 0 JOHN BAEUCHLE DIRECTOR 1.00 X 0 0 0 SEAN PASSMORE DIRECTOR 1.00 X 0 0 0 KELLY HUGHES VICE CHAIRMAN 1.00 X X 0 0 0 JILL CASTILLA DIRECTOR 1.00 X 0 0 0 STEVEN J LEPPER PRESIDENT/TREASURER/SECY 40.00 X 294644 115625 15820 294644 115625 15820 1 0 1 0 0 WORKSHOP 541900 108049 108049 DUES 541900 22022 22022 AFFILIATION FEES 541900 1 1 130072 861733 861733 991805 991804 1 0 294644 56769 15128 16643 12000 15200 120000 55677 19559 18563 9775 282339 1503 6027 PAYROLL SERVICE 6026 GIFTS 2913 TAXES AND LICENSES 50 932816 55645 34285 518243 430482 12149 8897 4755 3252 8975242 9146087 1000 1000 9554885 9615106 839 2071 839 2071 X 0 0 0 0 9554046 9613035 9554046 9613035 9554885 9615106 58989 0 X 0 1 X 0 0 1 0 1 22022 120000 145197 265197 22022 0 12149 8897 3252 3252 50000 C UMB INVESTMENT 9096087 C 9146087 X PART X, LINE 2: THE ASSOCIATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES. UNDER THAT GUIDANCE, MANAGEMENT ASSESSED THE LIKELIHOOD THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD, INCLUDING THE TECHNICAL MERITS OF THOSE POSITIONS. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. THE ASSOCIATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AND NO INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. X X 1 1 X X X X 0 0 0 STEVEN J LEPPER PRESIDENT/TREASURER/SECY 214734 115625 79910 0 0 0 11361 4459 0 0 306005 120084 0 0 PART I, LINE 1A NONRESIDENT SOCIAL CLUB DUES FOR THE PRESIDENT/CEO ARE FOR THE BENEFIT OF THE ASSOCIATION IN FURTHERANCE OF ITS PUBLIC AFFAIRS ACTIVITIES AND ARE REIMBURSED QUARTERLY. THE ASSOCIATION REIMBURSES COMPANION TRAVEL FOR BOARD MEMBERS TO ATTEND BOARD MEETINGS. REIMBURSEMENTS OVER $600 ARE REPORTED ON A FORM 1099 EACH YEAR. PART I, LINE 3 COMPENSATION OF THE PRESIDENT/CEO IS DETERMINED UPON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE (CHARIMAN OF THE BOARD OF DIRECTORS, IMMEDIATE PAST CHAIRMAN, CHAIRMAN-ELECT AND VICE CHAIRMAN) SUBSEQUENT TO A PERFORMANCE REVIEW. THE VOTING MEMBERS OF THE BOARD OF DIRECTORS APPROVE THE COMPENSATION OF THE PRESIDENT/CEO. KATHRYN H LEPPER SPOUSE OF OFFICER/KEY EMPLOYEE 12000 PAYMENT AS INDEPENDENT CONTRACTOR - AMBA EVENT CONSULTANT 0 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION IS COMPRISED OF VARIOUS MEMBERSHIP CATEGORIES. SEE EXPLANATION FOR LINE 7A FOR MORE INFORMATION. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION IS COMPRISED OF VARIOUS MEMBERSHIP CATEGORIES. REGULAR CORPORATE MEMBERS MAY VOTE AT THE ANNUAL GENERAL MEMBERSHIP MEETING ON THE ELECTION OF OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE FORWARDED VIA E-MAIL TO THE DIRECTORS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND DIRECTORS ARE REQUIRED TO CERTIFY THE ABSENCE OF A CONFLICT OF INTEREST AT THE ANNUAL SPRING BOARD OF DIRECTORS MEETING. EACH OFFICER AND DIRECTOR ANNUALLY SIGNS A STATEMENT THAT HE OR SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. THE PRESIDENT/CEO CONDUCTS A PERIODIC REVIEW TO ENSURE COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE PRESIDENT/CEO IS DETERMINED BY ANNUAL COMPARISON FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND UPON THE RECOMMENDATION OF THE EXECUTIVE COMMITTEE (CHAIRMAN OF THE BOARD OF DIRECTORS, IMMEDIATE PAST CHAIRMAN, CHAIRMAN-ELECT AND VICE CHAIRMAN) SUBSEQUENT TO A PERFORMANCE REVIEW. THE VOTING MEMBERS OF THE BOARD OF DIRECTORS APPROVE THE COMPENSATION OF THE PRESIDENT/CEO. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. AMBA SERVICES INC 11601 ROOSEVELT BLVD 94 SAINT PETERSBURG FL 33716 352580127 SUPPORT SERVICES FL ASSOCIATION OF MILITARY BANKS OF AMERICA C 512721 179061 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 AMBA SERVICES INC F 635000 CASH RECEIPTS AMBA SERVICES INC O 150313 PRO RATA ALLOCATION