Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
The Associations mission is to 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.
Retirement benefits Every member in good standing at the time of retirement receives a maximum lump sum payment of 300 depending on length of service. There were approximately 19 members who retired...
Retirement benefits Every member in good standing at the time of retirement receives a maximum lump sum payment of 300 depending on length of service. There were approximately 19 members who retired in good standing during the calendar year 2023. This policy is stated in the by laws of the Association.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare National Association of Letter Carriers Branch No 1 with other nonprofits in Michigan and across the country.