Overview
What is National Association Of Letter Carriers?
The National Association of Letter Carriers is a nonprofit organization that focuses on acquiring real estate properties and managing them to generate income. This income, after deducting expenses, is then entirely distributed to its single shareholder, which is also a nonprofit organization. The specific activities and mission of this nonprofit organization, as mentioned in the information, revolve around the acquisition, title holding, and income collection from these real estate properties.
Is National Association Of Letter Carriers legitimate?
National Association Of Letter Carriers is a legitimate nonprofit organization registered as a 501(c)(25) entity. National Association Of Letter Carriers submitted a form 990EZ, 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.
What is the mission statement of National Association Of Letter Carriers?
The National Association of Letter Carriers has established a trust with a specific purpose. This trust primarily focuses on acquiring real estate properties. Once it obtains these properties, the trust holds the titles and collects income generated from them. Remarkably, the entire income collected, after deducting expenses, is then transferred to its sole shareholder, which is another non-profit organization. The mission of the National Association of Letter Carriers, through this trust, is primarily centered around property acquisition, income collection, and subsequent transfer to its affiliated non-profit organization.
Who is the CEO of National Association Of Letter Carriers?
Michael Cipro is the President of National Association Of Letter Carriers.
What is the revenue of National Association Of Letter Carriers?
National Association Of Letter Carriers's revenue in 2022 was $0.
Who are the executives of National Association Of Letter Carriers and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for National Association Of Letter Carriers?
National Association Of Letter Carriers's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of National Association Of Letter Carriers
The National Association of Letter Carriers has established a trust with a specific mission. This mission involves acquiring real estate properties and holding the title to them. The primary objective of this trust is to collect income generated from these properties. Interestingly, the entire income collected, minus any expenses, is then remitted to its sole shareholder, which is another non-profit organization. This mission of the National Association of Letter Carriers' trust is centered around real estate acquisition and income collection, aiming to ultimately benefit another non-profit organization.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The National Association of Letter Carriers (NALC) plays a significant role in enhancing community welfare through various initiatives focused on the improvement of local neighborhoods. By acquiring and managing real property, NALC channels income generated from these assets into projects that benefit the community. This effort not only contributes to the economic stability of the area but also fosters a sense of community by supporting local programs and resources.
Through its mission, NALC emphasizes the importance of maintaining the dignity of postal workers while promoting broader community investment. Their focus on community improvement touches numerous aspects of daily life, from securing affordable housing to facilitating social services, ultimately creating a more vibrant and supportive environment for residents. The impact of NALC is evident in its dedication to enhancing the quality of life for both postal workers and the communities they serve, thereby fostering collaboration and solidarity among all members.
This information is meant to be a general summary of National Association Of Letter Carriers. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $165,045
- Total Liabilities: $184,051
- Net Assets: -$19,006
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(508) 756-7426Principal Officer
Michael Cipro
Main Address
55 PARK AVENUE, WORCESTER, MA, 016053921
NTEE Category
Code: S47 - Community improvement
If you are a representative of National Association Of Letter Carriers and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.