The Hill AFB Exchange is paying dividends in more ways than one as Airmen exercising their benefit by dining and shopping on base last year generated a dividend of $521,478. From February to June 2012, Hill Air Force Base has received more than $216,790 in dividends.
These funds are critical to the Air Force Service's ability to enhance local programs and facilities including the Fitness Center, Auto Hobby Shop and Youth Center.
Historically, roughly two-thirds of Exchange earnings are paid to morale, welfare and recreation programs with the other third used to build new stores or renovate existing facilities. As a result, authorized shoppers are essentially investing in a benefit that generates a healthy return by directly improving Air Force quality of life efforts.
With a mission to provide quality goods and services at competitively low prices and generate earnings to support quality of life efforts, the dual benefit the Exchange provides goes far beyond the clothes, electronics and snacks on shelves.
Shoppers who visit the Exchange, either online at www.shopmyexchange.com or in person here at Hill, actually help make the military community a better place to live and work. In fact, purchases made at Exchange operations in the past 10 years have provided more than $2.4 billion to military programs such as Youth Services, post functions, gyms and aquatic centers.
The Army & Air Force Exchange Service is a joint nonappropriated fund instrumentality of the Department of Defense and is directed by a board of directors which is responsible to the Secretaries of the Army and the Air Force through the Service Chiefs of Staff. The Exchange has the dual mission of providing authorized patrons with quality merchandise and services at competitively low prices and generating nonappropriated fund earnings as a supplemental source of funding for military morale, welfare and recreation programs. To find out more about the Exchange history and mission or to view recent news releases please visit our Web site at http://www.shopmyexchange.com.