NATIONAL RURAL LETTER CARRIERS ASS… - Form 990 Financial Data

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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

1903

Legal Domicile

Phone

4342630021

Tax Period

2024-07-01 to 2025-06-30

NATIONAL RURAL LETTER CARRIERS ASSOC VIRGINIA RURAL LETTER CARRIERS ASSOC, founded in 1903, is a small nonprofit that reported $484K in total revenue in fiscal year 2024.

Mission

Labor union for rural letter carriers' in Virginia.

Program Service Accomplishments

Program 1

Expenses: $248,881

Encourage a closer fellowship and mutual confidence between Association members and to seek improvement of their work conditions for the study and adoption of the best methods of performing the...

Encourage a closer fellowship and mutual confidence between Association members and to seek improvement of their work conditions for the study and adoption of the best methods of performing the duties of the Rural Free Delivery Service, and to cooperate with the United States Postal Service for the advancement and improvement of service to the general public. (3,206 members)

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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 $452,121

Investment Income $16,503

Other Revenue $15,690

TOTAL REVENUE $484,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,393

Fundraising Expenses $0

Program Expenses $248,881

Other Expenses $295,804

TOTAL EXPENSES $506,197

Year-over-Year Comparison

	2024	2023	Change
Revenue	$484,314	$468,153	+0.0%
Expenses	$506,197	$465,416	+0.1%
Net Income	$-21,883	$2,737	-9.0%

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

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

$113,705

Total Directors

$37,149

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRINTON ECKLES	Secretary/Treas	35.00	Officer	$89,197	$0	$89,197
DWAYNE N GRILES	President	30.00	Officer	$14,449	$0	$14,449
JEFFREY BODLE	Vice President	30.00	Officer	$10,059	$0	$10,059
TRACY COFFEY	EXECUTIVE COMM	15.00	Director	$9,905	$0	$9,905
DUSTIN CRAWFORD	EXECUTIVE COMM	15.00	Director	$8,691	$0	$8,691
DONALD SHUEMAKER	EXECUTIVE COMM	15.00	Director	$8,347	$0	$8,347
TIMOTHY MONDAY	EXECUTIVE COMM	15.00	Director	$6,718	$0	$6,718
STEVE ZAHORA	EXECUTIVE COMM	15.00	Director	$3,488	$0	$3,488

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	$484,314	$506,197	$470,305	$-21,883
2024	$468,153	$465,416	$486,192	$2,737
2023	$427,826	$476,819	$480,896	$-48,993
2022	$418,823	$322,992	$531,968	$95,831
2021	$405,000	$204,308	$432,461	$200,692
2020	$400,930	$300,439	$231,436	$100,491
2019	$398,762	$352,424	$128,192	$46,338
2018	$372,867	$315,258	$83,076	$57,609

NATIONAL RURAL LETTER CARRIERS ASSOC VIRGINIA RURAL LETTER CARRIERS ASSOC