Skip to main content
Filing year 2024

LOCAL 305 NPMHU WELFARE BENEFIT TRUST

Richmond, Virginia·EIN 54-1363072·NTEE Y44 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$262k
Total assets
$8.3M
Total expenses
$112k
Reported officers
5
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.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
25th percentile to median
$10k
$11k
Trustee
Board Member
25th percentile to median
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOCAL 305 NPMHU WELFARE BENEFIT TRUST equaled 9% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
9%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2023

From $10k in 2023 to $10k in 2024.

$10k
2023
$10k
2024
In today's dollarsEst.
Down 3% in real terms$11k to $11k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay held roughly steady from 2023 to 2024, while revenue rose 53%.

$10k in 2023 to $10k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOCAL 305 NPMHU WELFARE BENEFIT TRUST

What does the Board Member of LOCAL 305 NPMHU WELFARE BENEFIT TRUST earn?

In 2024, the Board Member of LOCAL 305 NPMHU WELFARE BENEFIT TRUST received $10,000 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOCAL 305 NPMHU WELFARE BENEFIT TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at LOCAL 305 NPMHU WELFARE BENEFIT TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at LOCAL 305 NPMHU WELFARE BENEFIT TRUST equaled 9% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are LOCAL 305 NPMHU WELFARE BENEFIT TRUST's revenue and expenses?

In 2024, LOCAL 305 NPMHU WELFARE BENEFIT TRUST reported $262k in total revenue and $112k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.