AMERICAN POSTAL WORKERS UNION

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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

Principal Officer

SHARON J COLONNA

Phone

5867646112

Tax Period

2024-04-01 to 2025-03-31

AMERICAN POSTAL WORKERS UNION, founded in 1985, is a small nonprofit that reported $210K in total revenue in fiscal year 2024. Expenses of $260K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROMOTION & MAINTENANCE OF LABOR ORGANIZATION

Program Service Accomplishments

Program 1

TO ORGANIZE ALL POSTAL WORKERS IN MINNESOTA INTO ONE UNION FOR THEIR BENENFIT AND TO EDUCATE THEIR REPRESENTATIVES

Program 2

TO NEGOTIATE SAFE WORK CONDITIONS AND REPRESENTTION OF MEMBERS AND NON-MEMBERS WITH GRIEVANCE AND ARBITRATION ADVOCACY

Program 3

Expenses: $14,078

TO PUBLISH A BI-MONTHLY NEWSLETTER FOR OUR MEMBERS TO KEEP THEM INFORMED OF STATE ACTIVITIES/ISSUES

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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 $121,308

Program Service Revenue $0

Investment Income $7,224

Other Revenue $80,995

TOTAL REVENUE $209,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,517

Fundraising Expenses $0

Program Expenses $14,078

Other Expenses $127,727

TOTAL EXPENSES $260,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,527	$201,370	+0.0%
Expenses	$260,244	$232,803	+0.1%
Net Income	$-50,717	$-31,433	+0.6%

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

$119,226

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD W HAEFNER	PRESIDENT	10	Officer	$20,215	$0	$20,215
SHARON J COLONNA	SECRETARY-TREASURER	10	Officer	$12,647	$0	$17,002
SHEILA A MATTHEWS	CENTRAL REGIONAL REP	6	Officer	$14,677	$0	$14,677
BETH C HENDRICKSON	NORTHWEST REGIONAL REP	4	Officer	$13,677	$0	$13,677
LASHANIQUE S GRIFFIN	SOUTHERN REGIONAL REP	4	Officer	$10,052	$0	$10,052
JOSE DIAZ-MENDEZ JR	NORTHWEST AREA REP A	4	Officer	$9,295	$0	$9,295
JAZMIN J SCHOBORG	WESTERN REGIONAL REP	4	Officer	$9,169	$0	$9,169
JODI M GUTTERUD	NORTHWEST AREA REP B	4	Officer	$7,407	$0	$7,407
TIMOTHY J STRONG	EASTERN REGIONAL REP A	4	Officer	$6,732	$0	$6,732
MARY LARSEN	CENTRAL AREA REGIONAL REP	4	Officer	$4,636	$0	$4,636
GERALDINE M TARNOWSKI	NORTHEAST REGIONAL REP A	4	Officer	$3,399	$0	$3,399
HARALAMPOS PAPAIOANNOU	NORTHEAST REGIONAL REP B	4	Officer	$2,965	$0	$2,965

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	$209,527	$260,244	$263,170	$-50,717
2024	$201,370	$232,803	$313,887	$-31,433