NonprofitsUnited States Letter Carriers Mutual Benefit Association

United States Letter Carriers Mutual Benefit Association

WASHINGTON, DC

Total revenue

$26.1M

Total expenses

$22.9M

Net assets

$47.3M

Grants received

EIN

620476257

Tax year

2024

Mission

The association is a fraternal organization that provides life, annuity, and disability insurance for members of the national association of letter carriers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$12.9M
Investment income$13.1M
Other revenue
Total revenue$26.1M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising
Other expenses$2.5M
Total expenses$22.9M
Total assets$257.1M
Net assets$47.3M

People

7 listed

NameRoleCompensation

JIM YATES

DIRECTOR OF LIFE INSURANCE

Board

$219K

40 hrs/wk

BRIAN RENFROE

PRESIDENT NALC

Board

1 hrs/wk

CHARLES HEEGE

TRUSTEE

Board

1 hrs/wk

SANDRA LAEMMEL

TRUSTEE

Board

1 hrs/wk

LAWRENCE D BROWN JR

CHAIRMAN/TRUSTEE

Board

1 hrs/wk

DANIEL GORELIK

SENIOR STAFF

Staff

$135K

40 hrs/wk

LAWRENCE WINFIELD

SENIOR STAFF

Staff

$125K

40 hrs/wk

Independent contractors

Regions Bank

Banking

$258K

Iron Mountain

IT SERVICES

$198K

Griffith Ballard

ACTUARIAL SERVICES

$190K

Sapiens

IT SERVICES

$182K

WITHUMSMITHBROWNPC

AUDIT SERVICES

$128K

Details

EIN620476257
Subsection05
Ruling date1940-05
Formed1891
Employees15
Volunteers0
UNITED STATES LETTER CARRIERS MUTUAL BENEFIT ASSOCIATION — Mission, Financials & Grants Received | Grantivo