MAIL HANDLERS LOCAL UNION #298 (EIN 470659160) - 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

1983

Legal Domicile

Principal Officer

AUBREY FOSTER

Phone

4023459564

Tax Period

2022-01-01 to 2022-12-31

MAIL HANDLERS LOCAL UNION #298, founded in 1983, is a small nonprofit that reported $204K in total revenue in fiscal year 2022. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $184K left a modest 10% surplus.

Mission

TO DEFEND THE RIGHTS OF MAILHANDLERS IN THE STATE OF NEBRASKA AND MAKE SURE THE USPS UPHOLDS THE CONTRACT FROM COLLECTIVE BARGAINING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $203,443

Investment Income $0

Other Revenue $646

TOTAL REVENUE $204,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,581

Fundraising Expenses $0

Program Expenses $124,444

Other Expenses $106,263

TOTAL EXPENSES $183,844

Year-over-Year Comparison

	2022	2021	Change
Revenue	$204,089	$172,115	+0.2%
Expenses	$183,844	$138,307	+0.3%
Net Income	$20,245	$33,808	-0.4%

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

$50,003

Total Directors

$49,486

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUBREY FOSTER	PRESIDENT	40.00	Officer Director	$22,112	$0	$22,112
JOHN BESTA	TREASURER	25.00	Officer Director	$14,641	$0	$14,641
CANTAZAR MCCARTY	STATE EXECUTIVE BOARD MEMBER	10.00	Officer Director	$794	$0	$794
JUSTIN KREIKEMEIER	VICE PRESIDENT	2.00	Officer Director	$2,627	$0	$2,627
REBECCA PERKINS	RECORDING SECRETARY	2.00	Officer Director	$9,312	$0	$9,312
JEFF RIGBY	LINCOLN BRANCH PRESIDENT	2.00	Officer	$517	$0	$517

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
2022	$204,089	$183,844	$126,362	$20,245

MAIL HANDLERS LOCAL UNION #298