National Association Of Letter Carriers is located in Newport, RI. The organization was established in 1944. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Association Of Letter Carriers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, National Association Of Letter Carriers generated $83.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $93.5k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
LABOR UNION'S CONDUCT OF COLLECTIVE BARGAINING ON BEHALF OF ITS MEMBERS;
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Augustus President | 10 | $21,070 | |
Thomas Hughes Vice President | 4 | $6,121 | |
John Bahl Secretary | 4 | $4,497 | |
Claude Goulet Treasurer | 4 | $4,783 | |
Mark Joaquin Trustee | 0.5 | $0 | |
Shawn Semonelli Trustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,767 |
| Investment income | $1,262 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,433 |
| Other Revenue | $524 |
| Total Revenue | $82,986 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,457 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,789 |
| Printing, publications, postage, and shipping | $5,815 |
| Other expenses | $35,689 |
| Total expenses | $93,518 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,218 |
| Other assets | $0 |
| Total assets | $112,218 |
| Total liabilities | $392 |
| Net assets or fund balances | $111,826 |