NATIONAL ASSOC OF LETTER CARRIERS BR 599 (EIN 590968568) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1924

Legal Domicile

Phone

8138750599

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOC OF LETTER CARRIERS BR 599, founded in 1924, is a small nonprofit that reported $572K in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. Net assets of $3.7M represent 77 months of operating reserves.

Mission

TO UNITE ITS MEMBERS INTO ONE HARMONIOUS BODY FOR THEIR MUTUAL BENEFIT AND TO FURTHER THEIR INTERESTS, AND TO ASSIST THE NATIONAL ASSOCIATION OF LETTER CARRIERS IN ITS EFFORTS TO IMPROVE THE CONDITION OF ITS ENTIRE MEMBERSHIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $371,695

Program Service Revenue $16,985

Investment Income $104,312

Other Revenue $78,540

TOTAL REVENUE $571,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $339,820

Fundraising Expenses $0

Program Expenses $277,486

Other Expenses $231,216

TOTAL EXPENSES $571,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$571,532	$3,215,578	-0.8%
Expenses	$571,036	$567,834	+0.0%
Net Income	$496	$2,647,744	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$199,378

Total Directors

$212,998

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN OBST	President	30.00	Officer Director	$85,566	$0	$85,566
MICHAEL O SMITH	Vice President	30.00	Officer Director	$81,623	$0	$81,623
TONY DIAZ	Treasurer	25.00	Officer Director	$20,017	$0	$20,017
ALAN ROBINSON	DIR OF RETIREES	20.00	Officer Director	$11,432	$0	$11,432
PHYLLIS R THOMAS	Trustee	1.00	Director	$2,400	$0	$2,400
CYNTHIA D WILLIAMS	Trustee	1.00	Director	$2,220	$0	$2,220
JD LEWERS	Trustee	1.00	Director	$2,100	$0	$2,100
DAVID RIVADENEIRA	Trustee	1.00	Director	$1,800	$0	$1,800
OSCEOLA WILLIAMS SR	Trustee	1.00	Director	$1,800	$0	$1,800
CHRISTINA BAUSCH	Trustee	1.00	Director	$1,350	$0	$1,350
DETLEV AEPPEL	DIR OF HEALTH	1.00	Director	$900	$0	$900
JOHN GEBO	Treasurer	10.00	Officer Director	$600	$0	$600
CLEMENT CHEUNG	Trustee	1.00	Director	$600	$0	$600
MATT RODKEY	Trustee	1.00	Director	$150	$0	$150
MICHAEL CIPIRANO	Trustee	1.00	Director	$150	$0	$150
TODD SOULOR	Trustee	1.00	Director	$150	$0	$150
ALAN PEACOCK	FIN SECRETARY	15.00	Officer Director	$140	$0	$140
RODNA KIMELMAN KIRK	OFFICE ADMIN	30.00		$0	$0	$0

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	$571,532	$571,036	$3,692,249	$496
2023	$3,215,578	$567,834	$3,698,486	$2,647,744
2022	$373,551	$415,498	$1,051,868	$-41,947
2021	$360,764	$368,421	$1,078,639	$-7,657
2020	$380,317	$371,744	$1,087,338	$8,573
2019	$464,339	$403,479	$1,106,794	$60,860
2018	$461,027	$439,826	$1,058,053	$21,201
2018	$461,027	$439,005	$1,058,656	$22,022

NATIONAL ASSOC OF LETTER CARRIERS BR 599