NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 43 (EIN 310647607) - 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

Principal Officer

TED THOMPSON

Phone

5135426400

Tax Period

2025-01-01 to 2025-12-31

NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 43 is a community nonprofit that reported $1.0M in total revenue in fiscal year 2025. Expenses of $940K left a modest 7% surplus.

Mission

TO PROVIDE BENEFITS,REPRESENTATION AND UNION ADMINISTRATION FOR ITS 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 (2025)

Revenue Breakdown

Contributions & Grants $992,311

Program Service Revenue $0

Investment Income $1,173

Other Revenue $13,907

TOTAL REVENUE $1,007,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $465,964

Fundraising Expenses $0

Other Expenses $473,703

TOTAL EXPENSES $939,667

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,007,391	$992,930	+0.0%
Expenses	$939,667	$929,742	+0.0%
Net Income	$67,724	$63,188	+0.1%

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

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

$297,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED THOMPSON	PRESIDENT	40.00	Officer	$118,256	$0	$118,256
PATRICK DOUGHERTY	VICE PRESIDE	40.00	Officer	$111,086	$0	$111,086
CHARLES GRANT	TRUSTEE	20.00	Officer	$26,876	$0	$26,876
CONNIE GRIFFIETH	TREASURER	4.00	Officer	$10,303	$0	$10,303
BILL STRATMAN	HBR/MBA	0.00	Officer	$3,802	$0	$3,802
COREY ISHAM	DELEGATE	0.00	Officer	$3,355	$0	$3,355
MATTHEW MCCARREN	DIR. OF LEGI	0.00	Officer	$3,183	$0	$3,183
DAVID UTZ	DELEGATE	0.00	Officer	$2,683	$0	$2,683
DENNY DOUD	TRUSTEE	0.00	Officer	$2,161	$0	$2,161
NATASHA WEVER	DELEGATE	0.00	Officer	$2,068	$0	$2,068
BURT HUGHES	SECRETARY	0.00	Officer	$1,919	$0	$1,919
ALEX HARPER	DELEGATE	0.00	Officer	$1,528	$0	$1,528
SUE EGBERS	RECORDING SE	0.00	Officer	$1,369	$0	$1,369
MATTHEW BAUER	DIR. OF LEGI	0.00	Officer	$1,300	$0	$1,300
LAMONT SEABOROUGH	DELEGATE	0.00	Officer	$1,199	$0	$1,199
BRIAN BAILEY	SERGEANT AT	0.00	Officer	$1,169	$0	$1,169
DAVID DURBIN	TRUSTEE	0.00	Officer	$1,169	$0	$1,169
DIANA ENWRIGHT	TRUSTEE	0.00	Officer	$1,169	$0	$1,169
CHARLES HENSLEY	DELEGATE	0.00	Officer	$1,169	$0	$1,169
JAMES METZ	DIR. OF RETI	0.00	Officer	$919	$0	$919
JACOB BINGHAM	DELEGATE	0.00	Officer	$869	$0	$869

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	$1,007,391	$939,667	$979,866	$67,724
2024	$992,930	$929,742	$914,005	$63,188
2023	$879,381	$858,034	$850,589	$21,347
2022	$803,513	$838,188	$829,316	$-34,675
2021	$987,411	$745,571	$863,819	$241,840
2020	$820,240	$764,025	$582,263	$56,215

NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 43