American Postal Workers Accident Benefit Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020181885 ✦ Rochester, NH ✦ Designated as a 501(c)(9)

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Overview

What is American Postal Workers Accident Benefit Association?

The American Postal Workers Accident Benefit Association is a nonprofit organization situated in Rochester, New Hampshire. Their primary focus is to extend life and accident insurance coverage to eligible members and their spouses. With a small workforce of 16 individuals, this association aims to provide a safety net for its members in case of unforeseen incidents. While not explicitly mentioned in the information, it can be inferred that they offer financial support during such events.

Is American Postal Workers Accident Benefit Association legitimate?

American Postal Workers Accident Benefit Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Postal Workers Accident Benefit Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $146,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,946

For more financial information, click here

What is the mission statement of American Postal Workers Accident Benefit Association?

The American Postal Workers Accident Benefit Association is dedicated to providing life and accident insurance coverage to eligible members and their spouses. This organization's primary mission is to ensure the financial security of its members in the event of unforeseen circumstances. By offering comprehensive insurance plans, the association aims to alleviate the financial burdens that can arise from accidents or unfortunate events. The association's services are designed to provide peace of mind and support to its members, enabling them to focus on their health and well-being during challenging times.

Who is the CEO of American Postal Workers Accident Benefit Association?

Wayne Maurer is the Vice President/Region Director of American Postal Workers Accident Benefit Association.

What is the revenue of American Postal Workers Accident Benefit Association?

American Postal Workers Accident Benefit Association's revenue in 2022 was $1,614,031.

Who are the executives of American Postal Workers Accident Benefit Association and what are their salaries?

The average compensation at American Postal Workers Accident Benefit Association during 2022 was $29,529. There are 16 employees at American Postal Workers Accident Benefit Association.


Here are 12 key members and their salaries:


Keith Richardson (Vice President/Region Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Kenyon Beasley (Region Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
David Dunkle (Region Director)
  • Compensation: $1,540
  • Related: $0
  • Other: $0
Edward Brennan (Region Director)
  • Compensation: $1,483
  • Related: $0
  • Other: $0
Marty Schneider (Region Director)
  • Compensation: $1,483
  • Related: $0
  • Other: $0
Scott Hoffman (Region Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Larry Sorrells (Region Director)
  • Compensation: $1,510
  • Related: $0
  • Other: $0
Dana Coletti (Region Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Sherry Mcknight (Region Director)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Scott Parkin (Region Director)
  • Compensation: $530
  • Related: $0
  • Other: $0
Richard Phillips (President)
  • Compensation: $3,617
  • Related: $0
  • Other: $0
Wayne Maurer (National Director)
  • Compensation: $129,362
  • Related: $0
  • Other: $5,780
Where can I find the form 990 for American Postal Workers Accident Benefit Association?

American Postal Workers Accident Benefit Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Postal Workers Accident Benefit Association

The American Postal Workers Accident Benefit Association is committed to fulfilling its mission by offering life and accident insurance to eligible members and their spouses. This nonprofit organization's primary goal is to safeguard its members by providing them with insurance coverage in the event of unforeseen accidents or unfortunate circumstances, ensuring they have financial support during challenging times. By offering this essential service, the American Postal Workers Accident Benefit Association demonstrates its dedication to the well-being and security of its members.

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Impact




October, 2024

The American Postal Workers Accident Benefit Association significantly impacts the lives of its eligible members and their spouses by offering critical life and accident insurance. This support provides financial security and peace of mind to members, ensuring that they and their families are protected in times of need. By focusing on this area of service, the organization strengthens the community of postal workers, helping to alleviate the stress associated with unforeseen accidents and loss of life. Its mission plays an essential role in fostering a sense of mutual benefit among members, ultimately enhancing their overall well-being and stability. Based in Rochester, NH, the association is a vital resource for those seeking dependable insurance options tailored to their specific circumstances.




This information is meant to be a general summary of American Postal Workers Accident Benefit Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,614,031 (2022)
Expenses
$1,514,082 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,113
  • Program Service Revenue: $1,599,206
  • Gross Receipts: $1,824,597

Assets and Liabilities:

  • Total Assets: $1,437,072
  • Total Liabilities: $425,697
  • Net Assets: $1,011,375

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENTS

Revenue

$1,599,206

Organization Details

Founding Year

1898

Principal Officer

Wayne Maurer

Main Address

PO BOX 120, ROCHESTER, NH, 03866

NTEE Category

Code: Y40 - Mutual benefit

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