National Postal Mail Handlers Union Local 329

EIN: 621043355

Memphis, TN

Total Revenue
$884,479
Total Expenses
$801,346
Total Assets
$497,539
Net Assets
$496,636
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
TN
Phone
9013458670
Tax Period
2024-01-01 to 2024-12-31

National Postal Mail Handlers Union Local 329, founded in 1978, is a small nonprofit that reported $884K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $801K left a modest 9% surplus.

Mission

Local 329 is a branch of National Postal Mail Handlers Union. The National Postal Mail Handlers Union is a Nation Organization dedicated to advancing the interest of its member and their families. The primary purpose of the Union is to negotiate and enforce labor contracts.

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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 $0
Program Service Revenue $882,819
Investment Income $0
Other Revenue $1,660
TOTAL REVENUE $884,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $509,689
Fundraising Expenses $0
Program Expenses $761,279
Other Expenses $291,657
TOTAL EXPENSES $801,346

Year-over-Year Comparison

2024 2023 Change
Revenue $884,479 $806,173 +0.1%
Expenses $801,346 $742,363 +0.1%
Net Income $83,133 $63,810 +0.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
N/A
Employees
52
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
12
$286,558
Total Directors
13
$299,645
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Macon President 40.00
Officer Director
$109,617 $0 $109,617
Gregory King Treasurer 40.00
Officer Director
$88,327 $0 $88,327
Charles Hill Vice President 5.00
Officer Director
$15,501 $0 $15,501
Lyndon Cox State Rep 5.00
Officer Director
$14,506 $0 $14,506
Camille Pegues Office Administ 20.00
Director
$13,087 $0 $13,087
Julius Takacs State rep 5.00
Officer Director
$9,400 $0 $9,400
Sean Batson Branch pres 5.00
Officer Director
$8,537 $0 $8,537
Glen Boyland Recording sec 5.00
Officer Director
$8,349 $0 $8,349
Kenny Swopes Branch pres 5.00
Officer Director
$8,271 $0 $8,271
Clay Nelson TN State Rep 5.00
Officer Director
$7,426 $0 $7,426
Jamie Williamson Branch pres 5.00
Officer Director
$6,628 $0 $6,628
Chester Getter Branch Pres 5.00
Officer Director
$5,971 $0 $5,971
Tommy Sewell Branch rep 5.00
Officer Director
$4,025 $0 $4,025
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 $884,479 $801,346 $497,539 $83,133
2023 $806,173 $742,363 $415,135 $63,810
2022 $743,010 $657,561 $354,109 $85,449
2021 $670,481 $568,466 $388,646 $102,015
2020 $583,206 $475,712 $164,534 $107,494
2019 $561,263 $495,321 $95,099 $65,942
2018 $597,613 $495,415 $79,013 $102,198
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