Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
990 • Fiscal year 2020 • EIN 54-1363072
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
100th percentile
Higher net margin than 100% of similar nonprofits.
Top Officer Pay
64th percentile
Higher top officer pay than 64% of similar nonprofits.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Up$7,165,755
Up $531,969 (+8.0%) from 2019
Net Assets
Up$7,160,755
Up $526,969 (+7.9%) from 2019
Liabilities
Up$5,000
Up $5,000 from 2019
Revenue
Down-$74,659
Down $490,882 (-118%) from 2019
Expenses
Down$139,394
Down $46,969 (-25%) from 2019
Net Income
Down-$214,053
Down $443,913 (-193%) from 2019
The veba is maintained to provide benefits for eligible union members who are sick and have exhausted leave from the u.s. Postal service, to provide a one-time lump sum payout to the beneficiaries of deceased union members, and to provide scholarship assistance for eligible dependents of union members who meet the conditions of eligibility and who are selected pursuant to the participating scholarship plan.
SEE PART III, LINE 1
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cap Stk Tr Prin Current Funds | $6,633,786 | $7,160,755 | ▲ $526,969 |
| Investments in Publicly Traded Securities | $6,494,733 | $7,086,224 | ▲ $591,491 |
| Cash and Non-Interest-Bearing Accounts | $30,976 | $44,187 | ▲ $13,211 |
| Savings and Temporary Cash Investments | $106,597 | $33,864 | ▼ $72,733 |
| Accounts Receivable | $1,480 | $1,480 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Total Assets | $6,633,786 | $7,165,755 | ▲ $531,969 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $5,000 | - |
| Total Liabilities | $0 | $5,000 | ▲ $5,000 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $6,633,786 | $7,160,755 | ▲ $526,969 |
| Total Liabilities and Net Assets / Fund Balance | $6,633,786 | $7,165,755 | ▲ $531,969 |
| Name | Title | Base | Total |
|---|---|---|---|
| Jack W Burtch Jr | Trustee | $12,500 | $12,500 |
| Larry Patterson | Trustee | $12,500 | $12,500 |
| Name | Title |
|---|---|
| Dwight Burnside | Trustee |
| Felandria a Jackson | Trustee |
| Leslie Hamlett | Trustee |
| Line Item | Amount |
|---|---|
| Other Expenses | $52,810 |
| Salaries, Compensation, and Employee Benefits | $25,000 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Benefits to Members | - | - | - | $61,584 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $25,000 |
| Fees for Services Accounting | - | - | - | $20,352 |
| Insurance | - | - | - | $11,562 |
| Fees for Services Other | - | - | - | $11,248 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $6,512 |
| Fees for Services Legal | - | - | - | $2,739 |
| Other Expenses | - | - | - | $180 |
| Total Functional Expenses | $0 | $0 | $0 | $139,394 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $139,394 |
| Total Expenses per Audited Statements | $139,394 |
| Total Expenses per Form 990 | $139,394 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The local 305, national postal mail handlers union's executive board has the power to appoint and remove trustees.”
“As noted for line 7a, the local 305, national postal mail handlers union's executive board has the power to appoint and remove trustees.”
“The draft form 990 was prepared by the outside accountants and reviewed by the veba's legal counsel. It was then submitted to the trustees for verification and approval before filing with the irs.”
“Compensation for trustees had not changed since 1986. In 2014, the trustees determined that compensation for each trustee who is not an officer of the sponsoring union should be increased by $1,000/year, beginning on january 1, 2015 and on each succeeding year until total trustee compensation is $10,000/year, provided that the trustees should choose not to implement the increase in any year immediately following a year in which, in the judgment of the trustees, the annual increase in net assets available for benefits (naab) is not satisfactory. Financial oversight is provided separately and independently by the sponsoring union's treasurer, by outside trust counsel and by independent outside auditors.”
“The trust evaluates each request for these documents at the time of the request.”
“Management has evaluated the effects of accounting guidance related to uncertain income tax positions and concluded that the trust had no significant financial statement exposure to uncertain income tax positions at december 31, 2020 and 2019. The trust is not currently under audit by any tax jurisdiction.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5000 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1480 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1480 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | SEE PART III, LINE 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 61584 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | JACK W BURTCH JR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8043584664 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | C/O BURTH LAW LLC 1802 BAYBERRY |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RICHMOND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23226 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 6633786 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 7160755 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 30976 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 44187 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 25000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 61584 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -74659 |
| IRS990/CYOtherExpensesAmt | 0 | 52810 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -214053 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 25000 |
| IRS990/CYTotalExpensesAmt | 0 | 139394 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | -74659 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE SICK PLAN PROVIDES A BENEFIT TO ELIGIBLE UNION MEMBERS WHO MEET THE REQUIREMENTS OF THE PLAN, WHO ARE UNABLE TO WORK BECAUSE OF SICKNESS OR INJURY, AND WHO HAVE EXHAUSTED THE SICK LEAVE, ANNUAL LEAVE, ADVANCE LEAVE AND OTHER AVAILABLE BENEFITS PROVIDED BY THEIR EMPLOYER(S). |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 20352 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2739 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11248 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 6512 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FELANDRIA A JACKSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LESLIE HAMLETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DWIGHT BURNSIDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JACK W BURTCH JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LARRY PATTERSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 12500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 12500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -175899 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 101240 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/TotalAmt | 0 | 11562 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 101240 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 101240 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 6494733 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 7086224 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 175899 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE VEBA IS MAINTAINED TO PROVIDE BENEFITS FOR ELIGIBLE UNION MEMBERS WHO ARE SICK AND HAVE EXHAUSTED LEAVE FROM THE U.S. POSTAL SERVICE, TO PROVIDE A ONE-TIME LUMP SUM PAYOUT TO THE BENEFICIARIES OF DECEASED UNION MEMBERS, AND TO PROVIDE SCHOLARSHIP ASSISTANCE FOR ELIGIBLE DEPENDENTS OF UNION MEMBERS WHO MEET THE CONDITIONS OF ELIGIBILITY AND WHO ARE SELECTED PURSUANT TO THE PARTICIPATING SCHOLARSHIP PLAN. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6633786 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 7160755 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -175899 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -175899 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 741022 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | OTHER FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | ADMINISTRATIVE EXPENSES |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 217 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 180 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | FELANDRIA A JACKSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE DEATH PLAN PROVIDES A DEATH BENEFIT FOR ELIGIBLE UNION MEMBERS WHO MEET THE REQUIREMENTS OF THE PLAN AND WHO DIE BEFORE THE PLAN TERMINATES. THE DEATH BENEFIT PROVIDED IN THIS PLAN IS PAYABLE TO THE NAMED BENEFICIARY(IES) OF THE DECEASED ELIGIBLE UNION MEMBER. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE SCHOLARSHIP PLAN PROVIDES EDUCATIONAL OPPORTUNITIES FOR ELIGIBLE DEPENDENTS OF UNION MEMBERS BY PROVIDING FINANCIAL ASSISTANCE TO THOSE WHO MEET THE CONDITIONS OF ELIGIBILITY AND WHO ARE SELECTED PURSUANT TO ARTICLE III.C. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 72380 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 416093 |
| IRS990/PYOtherExpensesAmt | 0 | 105233 |
| IRS990/PYOtherRevenueAmt | 0 | 130 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 229860 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 8750 |
| IRS990/PYTotalExpensesAmt | 0 | 186363 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 416223 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -214053 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 106597 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 33864 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 139394 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 741022 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 741022 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | -74659 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | MANAGEMENT HAS EVALUATED THE EFFECTS OF ACCOUNTING GUIDANCE RELATED TO UNCERTAIN INCOME TAX POSITIONS AND CONCLUDED THAT THE TRUST HAD NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2020 AND 2019. THE TRUST IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 139394 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | -74659 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 666363 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 139394 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE LOCAL 305, NATIONAL POSTAL MAIL HANDLERS UNION'S EXECUTIVE BOARD HAS THE POWER TO APPOINT AND REMOVE TRUSTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AS NOTED FOR LINE 7A, THE LOCAL 305, NATIONAL POSTAL MAIL HANDLERS UNION'S EXECUTIVE BOARD HAS THE POWER TO APPOINT AND REMOVE TRUSTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE DRAFT FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE VEBA'S LEGAL COUNSEL. IT WAS THEN SUBMITTED TO THE TRUSTEES FOR VERIFICATION AND APPROVAL BEFORE FILING WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | COMPENSATION FOR TRUSTEES HAD NOT CHANGED SINCE 1986. IN 2014, THE TRUSTEES DETERMINED THAT COMPENSATION FOR EACH TRUSTEE WHO IS NOT AN OFFICER OF THE SPONSORING UNION SHOULD BE INCREASED BY $1,000/YEAR, BEGINNING ON JANUARY 1, 2015 AND ON EACH SUCCEEDING YEAR UNTIL TOTAL TRUSTEE COMPENSATION IS $10,000/YEAR, PROVIDED THAT THE TRUSTEES SHOULD CHOOSE NOT TO IMPLEMENT THE INCREASE IN ANY YEAR IMMEDIATELY FOLLOWING A YEAR IN WHICH, IN THE JUDGMENT OF THE TRUSTEES, THE ANNUAL INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS (NAAB) IS NOT SATISFACTORY. FINANCIAL OVERSIGHT IS PROVIDED SEPARATELY AND INDEPENDENTLY BY THE SPONSORING UNION'S TREASURER, BY OUTSIDE TRUST COUNSEL AND BY INDEPENDENT OUTSIDE AUDITORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE TRUST EVALUATES EACH REQUEST FOR THESE DOCUMENTS AT THE TIME OF THE REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 6633786 |
| IRS990/TotalAssetsEOYAmt | 0 | 7165755 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6633786 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7165755 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 139394 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 5000 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 5000 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 6633786 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 7160755 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 25000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -74659 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | -74659 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 6633786 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7165755 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 4907 FITZHUGH AVENUE NO 100 |
| IRS990/USAddress/CityNm | 0 | RICHMOND |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/USAddress/ZIPCd | 0 | 232303533 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | WWW.MHU305.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LESLIE HAMLETT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TRUSTEE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8043584664 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOCAL 305 NPMHU WELFARE BENEFIT TRUST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOCA |
| ReturnHeader/Filer/EIN | 0 | 541363072 |
| ReturnHeader/Filer/PhoneNum | 0 | 8043584664 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4907 FITZHUGH AVENUE NO 100 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RICHMOND |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 232303533 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541631262 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KEITERSTEPHENSHURSTGARY & SHREAVESPC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4401 DOMINION BLVD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GLEN ALLEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 23060 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8047470000 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAYME MIKA |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T10:32:08-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | LESLIE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HAMLETT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.