National Association of Letter Carriers, Branch 40
Basic Information
Local 40
Financial Information
The Labor-Management Reporting and Disclosure Act (LMRDA), which is enforced by the Office of Labor-Management Standards, requires labor unions to file annual reports detailing their operations. Contained in those reports are breakdowns of each union's spending, income and other financial information.
Basic Financials
| Total Assets | $798,106 |
| Total Liabilities | $0 |
| Total Income | $1,245,781 |
| Total Spent | $1,632,655 |
Total Assets Trend
Assets (Change from previous report)
| Cash | $578,341 (-40.1%) |
| Accounts Receivable | $0 (0.0%) |
| Investments | $200,000 (0.0%) |
| Fixed Assets | $17,765 (0.0%) |
| Treasury Securities | $0 (0.0%) |
| Other Assets | $2,000 (0.0%) |
| Loans Receivable | $0 (0.0%) |
Liabilities
| Loans Payable | $0 |
| Accounts Payable | $0 |
| Other Liabilities | $0 |
| Mortgages | $0 |
Income
| Dues | $1,222,270 |
| Per Person Tax | $0 |
| Investments | $0 |
| Supplies | $4,760 |
| Loan Repayment | $0 |
| Interest | $4,220 |
| Dividends | $0 |
| Rents | $0 |
| Fees and Fines | $0 |
| Loans Obtained | $0 |
| Other Receipts | $14,531 |
| Affiliates | $0 |
| Members | $0 |
| Reinvestments | $0 |
| All Others | $14,531 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Spending
The Office of Labor-Management Standards (OLMS) requires unions to report how they spent their money in a number of categories. For the first five, OLMS requires unions to provide detailed information on any recipient that received more than $5,000 per year.
Total Spent in 2021
$1,632,655
Spending Overview
Spending Breakdown
| Representational | $558,527 (34.21%) |
| Political Activities and Lobbying | $0 (0.00%) |
| Contributions, Gifts, and Grants | $4,842 (0.30%) |
| General Overhead | $77,346 (4.74%) |
| Union Administration | $99,977 (6.12%) |
| Strike Benefits | $0 (0.00%) |
| To Union Officers | $307,591 (18.84%) |
| To Union Employees | $297,299 (18.21%) |
| Education | $0 (0.00%) |
| Fees | $0 (0.00%) |
Search All Spending
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Membership
Total Members
2,889
Income per Member
$431
Dues (per Bi weekly)
$28
Membership Trend
| Year | Members |
|---|---|
| 2002 | 3,530 |
| 2003 | 3,465 |
| 2004 | 3,390 |
| 2005 | 3,358 |
| 2006 | 3,294 |
| 2007 | 3,271 |
| 2009 | 3,050 |
| 2010 | 2,969 |
| 2011 | 2,936 |
| 2012 | 2,833 |
| 2013 | 2,838 |
| 2014 | 3,050 |
| 2015 | 2,988 |
| 2016 | 3,033 |
| 2017 | 3,103 |
| 2018 | 3,073 |
| 2019 | 3,002 |
| 2020 | 3,022 |
| 2021 | 2,889 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023
Leaders & Salaries
Average Total Compensation
$40,326
Total Employees
15
Employees Making more than $75,000
4
Top Ten Highest Paid Leaders
| Name | Title | Total Compensation |
|---|---|---|
| ERICK POSTON | PRESIDENT | $131,855 |
| REGINA WILLIAMS | ADM. VICE PRESIDENT | $111,131 |
| CHARLES AUSTIN | ADM. VICE PRESIDENT | $100,750 |
| ANDRE LANEY, SR. | EXECUTIVE VICE PRESIDENT | $76,525 |
| JUDY LEE | ADMIN ASSISTANT | $60,388 |
| WILLIAM BARNES | PAST PRESIDENT | $57,240 |
| $25,030 | ||
| MARY CAMPBELL-STACK | FINANCIAL SECRETARY | $21,320 |
| NESTOR CHAVES | RECORDING SECRETARY | $16,712 |
| PATRICE ASHLEY | BENEFIT REPRESENTATIVE | $1,338 |
Source: Office of Labor Management Standards
Year Covered: 2021 • Last Updated: June 12th, 2023