National Association of Letter Carriers Branch No 1 (EIN 380895174) - 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

1905

Legal Domicile

Principal Officer

Sandra D Laemmel

Phone

3139628296

Tax Period

2023-01-01 to 2023-12-31

National Association of Letter Carriers Branch No 1, founded in 1905, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Unite all letter carriers and non-supervisory employees of the Postal Service in a consolidated effort with the Postal Service to better all working conditions, and promote a harmonious relationship through collective bargaining on all situations which would affect the health, welfare and working conditions of 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,251,157

Investment Income $3

Other Revenue $13,545

TOTAL REVENUE $1,264,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $495,159

Fundraising Expenses $0

Other Expenses $731,681

TOTAL EXPENSES $1,236,342

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,264,705	$1,143,105	+0.1%
Expenses	$1,236,342	$1,142,837	+0.1%
Net Income	$28,363	$268	+104.8%

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

$337,465

Total Directors

$12,221

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sandra Laemmel	President	040.00	Officer	$84,706	$0	$84,706
Elaine Jones	Vice President	040.00	Officer	$70,089	$0	$70,089
Michael Slavin	Treasurer	040.00	Officer	$56,653	$0	$56,653
Donald Walton	Financial Secretary	024.00	Officer	$43,477	$0	$43,477
Derlwyn Taylor	HBR/MBA Clerk	022.00	Officer	$33,174	$0	$33,174
Peter Palmer	Recording Secretary	020.00	Officer	$30,124	$0	$30,124
Kellly Mathaw	Assistant Secretary	010.00	Officer	$18,147	$0	$18,147
KaSandra Froreich	Trustee	003.00	Director	$5,742	$0	$5,742
Charlisa Anthony	Trustee	003.00	Director	$5,682	$0	$5,682
Cornell Fears	Sergeant at arms	001.00	Officer	$1,095	$0	$1,095
Carl Blassingame	Trustee	001.00	Director	$797	$0	$797

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	No data	No data	No data	No data
2023	$1,264,705	$1,236,342	$328,932	$28,363
2022	$1,143,105	$1,142,837	$315,127	$268
2021	$1,055,516	$1,030,149	$285,769	$25,367
2020	$1,055,680	$1,030,488	$248,431	$25,192

National Association of Letter Carriers Branch No 1