National Association of Letter Carriers Branch 41

EIN: 111511918

BROOKLYN, NY

Total Revenue
$1,154,498
Total Expenses
$1,335,953
Total Assets
$1,107,194
Net Assets
$1,073,194
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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
1985
Legal Domicile
NY
Phone
8454715626
Tax Period
2024-01-01 to 2024-12-31

National Association of Letter Carriers Branch 41, founded in 1985, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 16% operating deficit.

Mission

REPRESENTATION OF UNION MEMBERS - LETTER CARRIERS FOR U.S. POSTAL SERVICE.

Program Service Accomplishments

Program 1
Expenses: $27,602

Union Activites - Representation and Labor Negotiations Collective Bargaining with Employer on situations affecting membership.

Program 2
Expenses: $139,585

Travel Conventions Seminars Gathering of union employees to negotiate contracts.

Program 3
Expenses: $8,240

Picnic and Christmas Party Promote Union Cohesiveness

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,144,741
Program Service Revenue $0
Investment Income $9,757
Other Revenue $0
TOTAL REVENUE $1,154,498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $864,882
Fundraising Expenses $0
Program Expenses $175,427
Other Expenses $471,071
TOTAL EXPENSES $1,335,953

Year-over-Year Comparison

2024 2023 Change
Revenue $1,154,498 $908,949 +0.3%
Expenses $1,335,953 $1,004,426 +0.3%
Net Income $-181,455 $-95,477 +0.9%
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
12
Independent Members
N/A
Employees
75
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
6
$648,373
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN CRUZ PRESIDENT 040.00
Officer Highest
$142,439 $0 $142,439
PAUL MARKS CHIEF STEWARD 040.00
Officer Highest
$115,884 $0 $115,884
LUTHER MCCOY VICE PRESIDENT 040.00
Officer Highest
$112,892 $0 $112,892
EDWIN PINERO TREASURER 040.00
Officer Highest
$102,491 $0 $102,491
RICHARD RAYMOND 2ND VICE PRESIDENT 040.00
Officer Highest
$96,141 $0 $96,141
SARINA FURIO OWCT/HEALTH BENEFIT 040.00
Officer Highest
$78,526 $0 $78,526
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
2025 No data No data No data No data
2024 $1,154,498 $1,335,953 $1,107,194 $-181,455
2023 $908,949 $1,004,426 $1,254,649 $-95,477
2022 $859,163 $996,737 $1,350,126 $-137,574
2021 $755,997 $829,649 $1,487,700 $-73,652
2020 $761,554 $806,905 $1,570,129 $-45,351
2019 $815,285 $648,210 $1,606,703 $167,075
2018 $837,990 $613,863 $1,439,628 $224,127
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