Association For Postal Commerce
- Assets
- $1.4m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Alexandria, VA
- Founding
- 03/1948
- Data as of
- 12/2021
- EIN
- 53-0182977
Organization Overview
Association For Postal Commerce is located in Alexandria, VA. The organization was established in 1948. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. As of 12/2021, Association For Postal Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Postal Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Association For Postal Commerce generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR THE BENEFIT OF THE ASSOCIATIONS MEMBERS FAIR AND EQUITABLE POSTAL RATES AND REGULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVE PARTICIPANT IN NUMEROUS REGULATORY PROCEEDINGS INCLUDING, RM2017-3: STATUTORY REVIEW OF THE SYSTEM FOR REGULATING RATES AND CLASSES FOR MARKET DOMINANT PRODUCTS, ACR 2018: ANNUAL COMPLIANCE REPORT, AND MT2019-1, PLUS ONE MARKET TEST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Plunkett President & CEO | Officer | 45 | $238,700 |
Ellena Talbott Executive Director Operation | 0 | $105,160 | |
Bob Schimek Chairman | OfficerTrustee | 5 | $0 |
Rose Flanagan Executive Vice Chairman | OfficerTrustee | 5 | $0 |
Don Caddy Treasurer | OfficerTrustee | 5 | $0 |
Deborah Damore Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $914,884 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,007,852 |
| Total Program Service Revenue | $24,049 |
| Investment income | $27,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,227 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,129,039 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $343,903 |
| Compensation of current officers, directors, key employees. | $343,903 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $57,028 |
| Other employee benefits | $41,986 |
| Payroll taxes | $20,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $513,541 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,706 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,006 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,872 |
| Travel | $3,564 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,431 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $377 |
| Insurance | $8,051 |
| All other expenses | $14,240 |
| Total functional expenses | $1,109,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,812 |
| Savings and temporary cash investments | $0 |
| 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 | $8,871 |
| Net Land, buildings, and equipment | $3,722 |
| Investments—publicly traded securities | $1,226,789 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,691 |
| Total assets | $1,430,885 |
| Accounts payable and accrued expenses | $34,544 |
| Grants payable | $0 |
| Deferred revenue | $319,385 |
| 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 | $1,622 |
| Total liabilities | $355,551 |
| Net assets without donor restrictions | $1,075,334 |
| 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 | $1,430,885 |
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|---|---|---|
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Institute For Medical Research Inc Durham, NC | $6,550,784 | $5,925,427 |
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