NATIONAL ASSOCIATION OF LETTER CARRIERS

EIN: 530114650 Employment

WASHINGTON, DC

Total Revenue
$2,203,167,533
Total Expenses
$2,046,294,676
Total Assets
$1,561,703,282
Net Assets
$896,472,361
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1889
Legal Domicile
DC
Principal Officer
BRIAN RENFROE
Phone
2023934695
Tax Period
2024-04-01 to 2025-03-31

NATIONAL ASSOCIATION OF LETTER CARRIERS, founded in 1889, is a large national nonprofit in the Employment sector that reported $2.2B in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $2.0B left a modest 7% surplus.

Mission

THE NATIONAL ASSOCIATION OF LETTER CARRIERS OF THE UNITED STATES OF AMERICA IS A LABOR ORGANIZATION FOR CITY LETTER CARRIERS WHO ARE EMPLOYED BY THE U.S. POSTAL SERVICE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,058,275
Program Service Revenue $2,159,490,275
Investment Income $33,237,290
Other Revenue $9,381,693
TOTAL REVENUE $2,203,167,533

Expense Breakdown

Grants Paid $366,919
Salaries & Benefits $93,787,511
Fundraising Expenses $0
Other Expenses $118,846,167
TOTAL EXPENSES $2,046,294,676

Year-over-Year Comparison

2024 2023 Change
Revenue $2,203,167,533 $2,005,023,989 +0.1%
Expenses $2,046,294,676 $2,034,691,672 +0.0%
Net Income $156,872,857 $-29,667,683 -6.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
N/A
Employees
544
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
66
$14,188,432
Total Directors
28
$7,444,307
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James D Henry Vice President 40.0
Officer Director
$220,309 $263,624 $483,933
Mack I Julion Sr Assistant Secretary-Treasurer 39.0
Officer Director
$218,595 $168,839 $387,434
Nicole Rhine Secretary-Treasurer 39.0
Officer Director
$223,821 $144,153 $367,974
Paul Barner Executive Vice President 39.0
Officer Director
$231,468 $122,274 $353,742
Brian L Renfroe President 39.0
Officer Director
$273,476 $77,345 $350,821
William Jenkins Chief Engineer 40.0
Highest
$179,138 $167,838 $346,976
James W Yates Director of Life Insurance 40.0
Officer Director
$0 $114,586 $333,414
Steve M Lassan NATL BUS AGT REGION 8 40.0
Officer Director
$155,094 $150,323 $305,417
Daniel E Toth Director of Retired Members 40.0
Officer Director
$224,120 $80,289 $304,409
Christopher Jackson Director of City Delivery 40.0
Officer Director
$225,376 $71,921 $297,297
Daniel P Versluis NATL BUS AGT REGION 4 40.0
Officer Director
$154,252 $135,663 $289,915
Stephanie M Stewart Dir. Of Health Benefits 40.0
Officer Director
$226,756 $55,011 $281,767
Koren Blalock Keller Chief of Staff 40.0
Highest
$199,114 $78,121 $277,235
Richard DiCecca NATL BUS AGT REGION 14 40.0
Officer Director
$154,873 $112,981 $267,854
Manuel L Peralta Jr Director of Safety and Health 40.0
Officer Director
$220,154 $47,662 $267,816
Mark Camilli NATL BUS AGT REGION 11 40.0
Officer Director
$160,218 $107,553 $267,771
David A Teegarden NATL BUS AGT REGION 5 40.0
Officer Director
$158,101 $106,791 $264,892
Nicholas S Vafiades NATL BUS AGT REGION 2 40.0
Officer Director
$151,429 $90,483 $241,912
Frederic Rotzler Director of Network Operations 40.0
Highest
$163,894 $77,402 $241,296
Michael Caref NATL BUS AGT REGION 3 40.0
Officer Director
$159,260 $81,306 $240,566
Markeisha Lewis NATL BUS AGT REGION 1 40.0
Officer Director
$166,582 $70,256 $236,838
Brian E Thompson NATL BUS AGT REGION 12 40.0
Officer Director
$155,541 $80,757 $236,298
Vada Preston NATL BUS AGT REGION 13 40.0
Officer Director
$159,221 $76,074 $235,295
Shawn D Boyd NATL BUS AGT REGION 10 40.0
Officer Director
$151,330 $83,364 $234,694
Patrick Johnson NATL BUS AGT REGION 7 40.0
Officer Director
$158,316 $70,519 $228,835
David L Mudd NATL BUS AGT REGION 6 40.0
Officer Director
$159,436 $67,773 $227,209
Bruce Didriksen NATL BUS AGT REGION 15 40.0
Officer Director
$157,978 $63,905 $221,883
Hugh McElroy REG ADMIN ASSISTANT 40.0
Officer
$114,672 $106,563 $221,235
Cliff Davidson NATL BUS AGT REGION 9 40.0
Officer Director
$154,523 $58,528 $213,051
Orlando Gonzalez REG ADMIN ASSISTANT 40.0
Officer
$116,058 $90,559 $206,617
David L Kennedy REG ADMIN ASSISTANT 40.0
Officer
$122,325 $77,237 $199,562
Charles L Sexton REG ADMIN ASSISTANT 40.0
Officer
$112,858 $84,435 $197,293
Jeffrey Frazee REG ADMIN ASSISTANT 40.0
Officer
$114,958 $81,806 $196,764
Roger Parent Dir. of Software Development 40.0
Highest
$161,466 $34,890 $196,356
Jerry A Hutson REG ADMIN ASSISTANT 40.0
Officer
$111,314 $84,152 $195,466
Monica Walker REG ADMIN ASSISTANT 40.0
Officer
$119,215 $76,126 $195,341
Thomas A Matthews REG ADMIN ASSISTANT 40.0
Officer
$111,828 $82,446 $194,274
Ayowunmi Adenle Director of Finance 40.0
Highest
$159,531 $31,698 $191,229
Anthony Perconte REG ADMIN ASSISTANT 40.0
Officer
$113,459 $76,163 $189,622
Debra J Dixon REG ADMIN ASSISTANT 40.0
Officer
$118,695 $70,220 $188,915
William Jackson REG ADMIN ASSISTANT 40.0
Officer
$113,450 $72,540 $185,990
Jason Karnopp REG ADMIN ASSISTANT 40.0
Officer
$115,876 $69,851 $185,727
Anthony Ali REG ADMIN ASSISTANT 40.0
Officer
$115,120 $67,065 $182,185
Jay Laviolette REG ADMIN ASSISTANT 40.0
Officer
$114,023 $66,970 $180,993
Richard Gould REG ADMIN ASSISTANT 40.0
Officer
$113,504 $64,629 $178,133
Kyle D Inosencio REG ADMIN ASSISTANT 40.0
Officer
$115,928 $61,550 $177,478
Chris Strickland REG ADMIN ASSISTANT 40.0
Officer
$114,341 $62,110 $176,451
Larrissa A Parde REG ADMIN ASSISTANT 40.0
Officer
$115,869 $59,685 $175,554
James Frankford REG ADMIN ASSISTANT 40.0
Officer
$113,397 $62,051 $175,448
Dexter L Lester REG ADMIN ASSISTANT 40.0
Officer
$111,612 $63,110 $174,722
Tonya L Detrick REG ADMIN ASSISTANT 40.0
Officer
$119,215 $54,693 $173,908
Gerald A Ugone REG ADMIN ASSISTANT 40.0
Officer
$116,164 $56,803 $172,967
Joel Malkush REG ADMIN ASSISTANT 40.0
Officer
$115,932 $56,544 $172,476
Kenneth Janulewicz REG ADMIN ASSISTANT 40.0
Officer
$115,869 $56,174 $172,043
Steven Wiley REG ADMIN ASSISTANT 40.0
Officer
$114,747 $57,147 $171,894
Allan Rios REG ADMIN ASSISTANT 40.0
Officer
$115,178 $53,424 $168,602
Jeannette M Triana REG ADMIN ASSISTANT 40.0
Officer
$119,103 $48,542 $167,645
John D Robles REG ADMIN ASSISTANT 40.0
Officer
$122,295 $45,126 $167,421
Colleen Bartlett REG ADMIN ASSISTANT 40.0
Officer
$117,811 $48,587 $166,398
Patrick Baker REG ADMIN ASSISTANT 40.0
Officer
$113,511 $52,543 $166,054
Benjamin Paul REG ADMIN ASSISTANT 40.0
Officer
$115,848 $50,133 $165,981
Christy M Bowers REG ADMIN ASSISTANT 40.0
Officer
$117,585 $45,736 $163,321
Ronnie R Roush REG ADMIN ASSISTANT 40.0
Officer
$118,569 $42,174 $160,743
Arturo G Ramirez REG ADMIN ASSISTANT 40.0
Officer
$117,013 $43,384 $160,397
Leo Zachwieja REG ADMIN ASSISTANT 40.0
Officer
$119,125 $37,112 $156,237
Michael P Brim REG ADMIN ASSISTANT 40.0
Officer
$119,001 $36,973 $155,974
Karrie Blough REG ADMIN ASSISTANT 40.0
Officer
$119,092 $34,068 $153,160
Coby P Jones REG ADMIN ASSISTANT 40.0
Officer
$118,605 $32,529 $151,134
Charles P Heege Trustee 10.0
Officer Director
$42,970 $84,633 $127,603
Sandra D Laemmel Trustee 10.0
Officer Director
$43,289 $79,592 $122,881
Lawrence D Brown Jr Trustee 10.0
Officer Director
$43,605 $9,181 $52,786
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 $2,203,167,533 $2,046,294,676 $1,561,703,282 $156,872,857
2024 $2,005,023,989 $2,034,691,672 $1,366,475,391 $-29,667,683
2023 $1,885,950,335 $1,960,619,681 $1,325,240,112 $-74,669,346
2022 $1,955,773,462 $1,877,505,857 $1,386,263,011 $78,267,605
2021 $1,875,711,196 $1,706,684,407 $1,427,951,213 $169,026,789
2020 $1,833,997,536 $1,828,279,794 $1,187,074,759 $5,717,742
2019 $1,784,548,806 $1,780,959,970 $1,177,326,254 $3,588,836
2018 $1,701,860,684 $1,646,911,770 $1,124,785,233 $54,948,914
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