NATIONAL ASSOCIATION OF LETTER CAR… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1890

Legal Domicile

Principal Officer

GERALD MCCARTHY

Phone

7812811133

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 34 AFL-CIO, founded in 1890, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 4% surplus.

Mission

THE ORGANIZATION IS DEDICATED TO MAINTAINING AND IMPROVING WORKING CONDITIONS FOR LETTER CARRIERS AND THE NATIONAL POSTAL SERVICE.

Program Service Accomplishments

Program 1

THE ORGANIZATION IS DEDICATED TO MAINTAINING AND IMPROVING WORKING CONDITIONS FOR LETTER CARRIERS AND THE NATIONAL POSTAL SERVICE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,202,431

Investment Income $37,065

Other Revenue $11,680

TOTAL REVENUE $1,251,176

Expense Breakdown

Grants Paid $9,771

Salaries & Benefits $859,411

Fundraising Expenses $0

Other Expenses $326,700

TOTAL EXPENSES $1,195,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,251,176	$1,141,308	+0.1%
Expenses	$1,195,882	$1,041,273	+0.1%
Net Income	$55,294	$100,035	-0.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

102

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$635,589

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL O'CONNOR	TRUSTEE	1.00	Officer	$5,106	$0	$5,106
DAVID O'CONNOR	AREA STEWARD	10.00	Officer	$23,960	$0	$23,960
LAURA FAHEY	EXECUTIVE VICE PRESIDENT	20.00	Officer	$102,407	$27,201	$129,608
PAUL ROCHE	TRUSTEE	1.00	Officer	$4,962	$0	$4,962
ROBERT DAMATIN	FINANCIAL SECRETARY	10.00	Officer	$22,313	$0	$22,313
CATHERINE COOPER	EDITOR	1.00	Officer	$15,140	$0	$15,140
JOSEPH DEBERARDINIS	AREA STEWARD	20.00	Officer	$19,612	$0	$19,612
ADAM DIFAZIO	CLERK	10.00	Officer	$10,085	$0	$10,085
JOHN FANNING	VICE PRESIDENT	18.00	Officer	$94,665	$0	$94,665
BRIAN MANNING	HEALTH BENEFIT OFFICER	1.00	Officer	$7,294	$0	$7,294
KEITH MEREDITH	SECRETARY-TREASURER	40.00	Officer	$95,937	$48,088	$144,025
ELIZABETH PURVIS	SERGEANT-AT- ARMS	1.00	Officer	$3,732	$0	$3,732
THOMAS ROONEY	PRESIDENT	40.00	Officer	$101,624	$44,759	$146,383
SAMIE SMITH	TRUSTEE	1.00	Officer	$8,704	$0	$8,704

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,251,176	$1,195,882	$961,923	$55,294
2023	$1,141,308	$1,041,273	$906,629	$100,035
2022	$1,055,468	$1,223,866	$806,594	$-168,398
2021	$1,028,766	$1,078,589	$974,992	$-49,823
2020	$1,063,806	$981,397	$1,024,815	$82,409
2019	$1,113,081	$1,171,431	$942,406	$-58,350
2018	$1,104,810	$1,056,476	$1,000,756	$48,334

NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 34 AFL-CIO