Nonprofit · EIN 54-1363072
LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST
Tax-exempt · RICHMOND, VA 23230
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $261,618 | $111,837 | $149,781 | $8,297,652 | $10,478 | $8,287,174 |
| December 31, 2023 | 990 | $171,376 | $127,648 | $43,728 | $7,389,651 | $806 | $7,388,845 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $261,618
- Net gain from sales of assets
- $37,937
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $28,770
- Compensation of officers, directors and key employees
- $20,000
- Salaries, compensation and benefits (total)
- $20,000
- Professional fundraising fees
- $0
- Legal fees
- $2,370
- Accounting fees
- $31,927
Balance sheet and other
- Total assets, start of year
- $7,389,651
- Total assets, end of year
- $8,297,652
- Total liabilities, end of year
- $10,478
- Net assets, end of year
- $8,287,174
- Publicly traded securities
- $8,257,252
- Net assets without donor restrictions
- $8,287,174
- Gross receipts
- $796,181
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1986
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Patterson | Trustee Trustee or director | 0.5 | $10,000 |
| Dwight Burnside | Trustee Trustee or director | 1 | $10,000 |
| Felandria A Jackson | Trustee Trustee or director, Officer | 1 | $0 |
| Lafon Robinson | Trustee Trustee or director, Officer | 1 | $0 |
| Demetria Spratley | Trustee Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Patterson | Trustee Trustee or director | 0.5 | $10,000 |
| Dwight Burnside | Trustee Trustee or director | 1 | $10,000 |
| Felandria A Jackson | Trustee Trustee or director, Officer | 1 | $0 |
| Lafon Robinson | Trustee Trustee or director, Officer | 1 | $0 |
| Demetria Spratley | Trustee Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4907 FITZHUGH AVE STE 100, RICHMOND, VA 23230-3533
- Principal officer (990 for 2024)
- Lafon Robinson, 4907 FITZHUGH AVENUE 100, RICHMOND, VA 232303533
- Signed the 990
- Lafon Robinson, Trustee
- Phone
- (804) 358-4664
- Website
- www.L305.org
- Return prepared by
- Needles & Associates LLC
Mission
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 PARTICIPANTS.
Program accomplishments
- 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).
- 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.
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1363072
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y44)
- Assets (IRS master file)
- $8,297,652
- Income (IRS master file)
- $796,181
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $261,618 | $111,837 | $8,297,652 | XML |
| 990 | December 2023 | $171,376 | $127,648 | $7,389,651 | XML |
| 990 | December 2022 | $111,711 | $143,818 | $6,334,366 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1363072).
Questions about LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST
- What is the EIN of LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST?
- The employer identification number (EIN) of LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST is 54-1363072.
- Is LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1990.
- Are donations to LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST?
- The 990 for the year ended December 31, 2024 names Lafon Robinson.
- Who are the officers and directors of LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST?
- The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $10,000 (Larry Patterson, Trustee).
- How much revenue does LOCAL 305 NATIONAL PO MAIL HANDLERS WELFARE TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $261,618, expenses of $111,837 and total assets of $8,297,652 at year end.
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