ASSOCIATION OF UNITED STATES POSTAL LESSORS

EIN: 050394541

SCOTTSDALE, AZ

Total Revenue
$362,940
Total Expenses
$474,889
Total Assets
$354,755
Net Assets
$324,598
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
AZ
Principal Officer
KEITH LASHIER
Phone
8005729483
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION OF UNITED STATES POSTAL LESSORS, founded in 1981, is a small nonprofit that reported $363K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $475K exceeded revenue, resulting in a 31% operating deficit.

Mission

SHARING OF INFORMATION AND STRATEGIES RELATING TO OWNERSHIP OF POSTAL COMMERCIAL PROPERTIES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $362,560
Investment Income $380
Other Revenue $0
TOTAL REVENUE $362,940

Expense Breakdown

Grants Paid $0
Salaries & Benefits $230,930
Fundraising Expenses $0
Program Expenses $444,363
Other Expenses $243,959
TOTAL EXPENSES $474,889

Year-over-Year Comparison

2023 2022 Change
Revenue $362,940 $403,973 -0.1%
Expenses $474,889 $537,214 -0.1%
Net Income $-111,949 $-133,241 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
16
Independent Members
N/A
Employees
5
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
4
$100,800
Total Directors
16
$100,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH LASHIER PRESIDENT 8.00
Officer Director
$48,000 $0 $48,000
LARRY MAGDOVITZ VICE PRESIDE 8.00
Officer Director
$48,000 $0 $48,000
JOYCE MCCUTCHEON SECRETARY 3.00
Officer Director
$4,800 $0 $4,800
MARK KAROLCZYK TREASURER 3.00
Officer Director
$0 $0 $0
MARK DATTEL BOARD MEMBER N/A
Director
$0 $0 $0
GARY PHILLIPS BOARD MEMBER N/A
Director
$0 $0 $0
JOHN HEEREN BOARD MEMBER N/A
Director
$0 $0 $0
JEFFREY HILST BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT KAPUSTA JR BOARD MEMBER N/A
Director
$0 $0 $0
MARIAN MOSS BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT A SCHLAGER BOARD MEMBER N/A
Director
$0 $0 $0
NORBERT BROMENSHENKEL BOARD MEMBER N/A
Director
$0 $0 $0
STEVE HURLBUT BOARD MEMBER N/A
Director
$0 $0 $0
RENEE POELSTRA BOARD MEMBER N/A
Director
$0 $0 $0
STEVE ROBERTS BOARD MEMBER N/A
Director
$0 $0 $0
ANDREW SPODEK BOARD MEMBER N/A
Director
$0 $0 $0
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 No data No data No data No data
2023 $362,940 $474,889 $354,755 $-111,949
2022 $403,973 $537,214 $436,547 $-133,241
2021 $172,286 $278,615 $571,393 $-106,329
2020 $290,279 $242,558 $690,637 $47,721
2019 $448,339 $283,917 $636,764 $164,422
2018 $432,014 $446,517 $521,146 $-14,503
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