American Postal Workers Union
- Assets
- $401.7k
- Revenue
- $452.1k
- Investments
- $0.0
- Employees
- 68
- Location
- Richmond, VA
- Founding
- 11/1973
- Data as of
- 12/2023
- EIN
- 23-7345070
Organization Overview
American Postal Workers Union is located in Richmond, VA. The organization was established in 1973. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, American Postal Workers Union employed 68 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Postal Workers Union is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, American Postal Workers Union generated $452.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $509.9k during the year ending 12/2023. While expenses have increased by 10.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO GIVE THE BENEFIT TO THE MEMBER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNITE THE BARGAINING UNIT AND INCREASE THE BENEFIT OF MEMBERS AT UNION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
DO Chung Treasurer | Officer | 21.57 | $38,141 |
48 Other Members Steward | Officer | 0.35 | $29,321 |
Vernon Stephens Steward | Officer | 9.32 | $16,841 |
Jerome Cosby President | Officer | 8.53 | $15,520 |
Smith Williams Dir Of Maintenance | Officer | 7.28 | $12,865 |
Sylvia Grooms Dir Of Industrial Craft | Officer | 6.69 | $12,175 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $450,347 |
| Investment income | $1,213 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $522 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $452,082 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $69,855 |
| Compensation of current officers, directors, key employees. | $143,317 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $64,585 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,043 |
| Payroll taxes | $15,904 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $57,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,631 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $23,629 |
| Conferences, conventions, and meetings | $66,798 |
| Interest | $24 |
| Payments to affiliates | $15,552 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,250 |
| All other expenses | $17,179 |
| Total functional expenses | $509,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,372 |
| Savings and temporary cash investments | $219,984 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $92,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $401,728 |
| Accounts payable and accrued expenses | $8,906 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,906 |
| Net assets without donor restrictions | $392,822 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $401,728 |