Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1959.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
27 people listed on the 990; $1.1M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Ani Susan Anserian | — | — | $318,750 | $221,934 | $232,638 |
| Mark Gitlen | $267,025 | $259,385 | $260,000 | $232,850 | $248,382 |
| Kathryn V Manuelian | $176,848 | $157,967 | — | — | — |
| Karen Aline Papazian | $167,787 | $162,372 | $155,000 | $140,007 | $148,503 |
| Natalie Gabrielian | $153,696 | $164,157 | $155,000 | — | — |
| Naheed Elyasi | $161,334 | $150,113 | $140,000 | $120,423 | $129,142 |
| Vahe Victor Kiljian | — | — | — | $158,305 | $160,728 |
| Natalie Gabrelian | — | — | $155,000 | $129,861 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Preserves Armenian heritage and strengthens the homeland through socio-economic development, infrastructure support, and safety nets for vulnerable populations.
Questions for Armenian General Benevolent Union
Your first name shows with your question. Armenian General Benevolent Union answers here, for everyone.
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Cultural-enriching the multifaceted armenian experience armenian culture thrives across the world as a key marker of our unique national identity. Music and the arts, literature and architecture, as well as ancient, folk and religious traditions help drive the agbu mission to uplift armenian lives through creative expression.
Educational
A lifetime of growth and discovery - agbu takes a 360 approach to education, including traditional and innovative learning platforms and programs. We partner with reputable world class learning institutions to elevate and expand the reach of armenian studies.
Socio-Economic Development
Building a sustainable homeland in the republic of armenia, the stakes for socio-economic progress are foremost to ensure a living manifestation of our collective identity within the boundaries of a land that is at once a sovereign nation state and an ancestral homeland.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $8.0M | $4.4M |
| InvestmentsLn 11–13 | $241.3M | $260.5M |
| Land, buildings, equipmentLn 10c | $33.5M | $34.6M |
| Total assetsLn 16 | $310.4M | $327.5M |
| LiabilitiesLn 26 | $5.2M | $5.0M |
| Net assetsLn 32 | $305.2M | $322.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $6.2M | $6.2M | ||
| Grants to domestic individualsLn 2 | $576K | $576K | ||
| Grants and assistance to foreign recipientsLn 3 | $7.3M | $7.3M | ||
| Pay of current officers, directors and key staffLn 5 | $305K | $305K | ||
| Other salaries and wagesLn 7 | $4.5M | $3.1M | $721K | $641K |
| Pension plan contributionsLn 8 | $207K | $140K | $38K | $30K |
| Other employee benefitsLn 9 | $610K | $423K | $102K | $85K |
| Payroll taxesLn 10 | $403K | $264K | $84K | $55K |
| Legal feesLn 11b | $31K | $8K | $23K | |
| Accounting feesLn 11c | $275K | $275K | ||
| Investment management feesLn 11f | $764K | $764K | ||
| Other fees for servicesLn 11g | $1.6M | $1.3M | $290K | $7K |
| Advertising and promotionLn 12 | $144K | $24K | $116K | $4K |
| Office expensesLn 13 | $935K | $775K | $104K | $56K |
| Information technologyLn 14 | $268K | $157K | $73K | $39K |
| OccupancyLn 16 | $846K | $658K | $85K | $103K |
| TravelLn 17 | $263K | $185K | $71K | $8K |
| Conferences, conventions and meetingsLn 19 | $1.6M | $653K | $795K | $177K |
| Depreciation, depletion and amortizationLn 22 | $1.7M | $1.5M | $162K | $15K |
| InsuranceLn 23 | $398K | $277K | $120K | |
| Other expenses (24a–d)Ln 24 | $478K | $285K | $173K | $19K |
| All other expensesLn 24e | $15K | $11K | $3K | |
| Total functional expensesLn 25 | $29.4M | $23.8M | $4.3M | $1.2M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $34.6M | $29.4M | $5.2M | $322.4M | 990 PDF |
| FY2023 | $38.1M | $28.3M | $9.9M | $305.2M | 990 PDF |
| FY2022 | $38.8M | $28.6M | $10.1M | $292.4M | 990 PDF |
| FY2021 | $43.9M | $21.8M | $22.1M | $291.9M | 990 PDF |
| FY2020 | $35.4M | $32.3M | $3.1M | $263.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $34,559,386 revenue, 12 lines filed
Part VI · Governance 20 of 20 board members independent, 1 to look at
Part VIII · Statement of revenue $34,559,386 across 10 lines filed
Part IX · Statement of functional expenses $29,384,138 across 22 lines filed
Part X · Balance sheet $327,469,882 assets, 16 lines filed
Part XI · Reconciliation of net assets $322,443,612 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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