EIN 62-0476257

United States Letter Carriers Mutual Benefit Association

Name: United States Letter Carriers Mutual Benefit Association financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(5)

Num. employees

City

Washington

State

District of Columbia

Year formed

1891

Most recent tax filings

2022-12-01

NTEE code, primary

Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations

Description

National Association Letter Carriers is a fraternal organization that provides life, annuity, and disability insurance for its members through the United States Letter Carriers Mutual Benefit Association, which is a department of the National Association of Letter Carriers. The Mutual Benefit Association offers these insurance products to both members and their dependents.

Related structure

United States Letter Carriers Mutual Benefit Association is a subordinate organization under National Association of Letter Carriers (NALC).

Total revenues

$30,807,068

2022

Total expenses

$32,751,858

2022

Total assets

$265,140,459

2022

Num. employees

2022

Program areas at United States Letter Carriers Mutual Benefit Association

Provided life, annuity, and disability insurance products to members of the Mutual Benefit Association and their dependents.

Personnel at United States Letter Carriers Mutual Benefit Association

Name	Title	Compensation	Date of data
Fredric Rolando	President - Nalc	$0	2022-12-31
James W Yates	Director of Life Ins.		2023-11-06
Lawrence D Brown	Chairman and Trustee	$0	2022-12-31
Brian Renfroe	President Nalc / Director of City Delivery	$0	2022-12-31
Jim Yates	Director of Life Insurance	$210,125	2022-12-31
...and 1 more key personnel

Financials for United States Letter Carriers Mutual Benefit Association

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$0	$0	-
Program services	$19,949,727	$13,661,053	46%
Investment income and dividends	$9,649,428	$10,260,883	-6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$1,207,913	$4,177,550	-71.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$30,807,068	$28,099,486	9.6%

Form 990s for United States Letter Carriers Mutual Benefit Association

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-06	990	View PDF
2021-12	2022-11-08	990	View PDF
2020-12	2021-11-11	990	View PDF
2019-12	2021-06-08	990	View PDF
2018-12	2020-02-04	990	View PDF
...and 9 more Form 990s

Organizations like United States Letter Carriers Mutual Benefit Association

Organization	Type	Location	Revenue
Public Employees Federation Membership Benefits Program	501(c)(5)	Albany, NY	$27,827,545
United Food and Commercial Workers Local 880	501(c)(5)	Broadview Heights, OH	$10,483,558
New York State Correctional Officers and Police Benevolent Association	501(c)(5)	Albany, NY	$17,361,532
Local 825 Labor Management Fund (ELEC 825)	501(c)(5)	Springfield, NJ	$13,220,020
Laborers' International Union of North America - Indiana Dist Council	501(c)(5)	Terre Haute, IN	$25,325,263
National Cutting Horse Association	501(c)(5)	Fort Worth, TX	$26,066,814
Workers' Compensation Security Fund (WCSF)	501(c)(6)	Basking Ridge, NJ	$33,850,495
North Carolina Joint Underwriting Association (NCJUA)	501(c)(6)	Raleigh, NC	$130,581,422
North Carolina Insurance Guaranty Association	501(c)(6)	Raleigh, NC	$25,291,670
New England Health Care Employees Welfare Fund	501(c)(9)	Hartford, CT	$45,253,329

Data update history

January 23, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 23, 2024

Updated personnel

Identified 2 new personnel

January 2, 2024

Used new vendors

Identified 1 new vendor, including

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 30, 2023

Posted financials

Added Form 990 for fiscal year 2020

Nonprofit Types

Fraternal societiesMutual assistance organizationsInsurance companiesEnvironmental organizationsChapter / child organizations

Issues

Human servicesJobs and employment

Characteristics

Political advocacy

General information

Address: 100 Indiana Ave NW Suite 510; Washington, DC 20001
Metro area: Washington-Arlington-Alexandria, DC-VA-MD-WV
County: District of Columbia, DC
Website URL: nalc.org/member-benefits/mutual-benefit-association
Phone: (202) 638-4318
Facebook page: nalc.national
Twitter profile: @nalc_national

IRS details

EIN: 62-0476257
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1891
Eligible to receive tax-deductible contributions (Pub 78): No

Categorization

NTEE code, primary: Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary: 524126: Direct Property and Casualty Insurance Carriers
Parent/child status: Subordinate organization

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United States Letter Carriers Mutual Benefit Association

Program areas at United States Letter Carriers Mutual Benefit Association

Personnel at United States Letter Carriers Mutual Benefit Association

Financials for United States Letter Carriers Mutual Benefit Association

Form 990s for United States Letter Carriers Mutual Benefit Association

Organizations like United States Letter Carriers Mutual Benefit Association

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