AMERICAN POSTAL WORKERS UNION aka North Jersey Area Local 190 APWU (EIN 222103991) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

Rick Slater

Phone

9734715800

Tax Period

2024-01-01 to 2024-12-31

AMERICAN POSTAL WORKERS UNION aka North Jersey Area Local 190 APWU, founded in 2000, is a small nonprofit that reported $533K in total revenue in fiscal year 2024.

Mission

THROUGH COLLECTIVE BARGAINING EFFORTS TO SECURE BETTER WAGES, BENEFITS AND WORKING CONDITIONS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $532,870

Investment Income $0

Other Revenue $0

TOTAL REVENUE $532,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $460,256

Fundraising Expenses $0

Program Expenses $0

Other Expenses $80,488

TOTAL EXPENSES $540,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$532,870	$556,774	0.0%
Expenses	$540,744	$528,575	+0.0%
Net Income	$-7,874	$28,199	-1.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$270,469

Total Directors

$5,216

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rick Slater	President	40	Officer	$94,823	$0	$94,823
Anne Manimalethu	Secretary/Treasurer	40	Officer	$87,823	$0	$87,823
Richard Dock	Executive Vice President	40	Officer	$87,823	$0	$87,823
Nimesh Patel	Director Clerk Craft	5	Director	$2,786	$0	$2,786
Adele Montalbano	Administrative Aide	1	Director	$899	$0	$899
Tony Francis	Director MVS	5	Director	$781	$0	$781
William Hensz	Director Maintenance Division	5	Director	$750	$0	$750

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	$532,870	$540,744	$536,336	$-7,874
2023	$556,774	$528,575	$543,652	$28,199
2022	$534,139	$528,741	$517,262	$5,398
2021	$528,894	$479,794	$510,199	$49,100
2020	$506,032	$374,574	$471,127	$131,458

AMERICAN POSTAL WORKERS UNION aka North Jersey Area Local 190 APWU