LOCAL 305 NPMHU WELFARE BENEFIT TRUST is a nonprofit organization categorized as Public Charity based in RICHMOND, VA. Its most recent IRS filing (2024) reports revenue of $262K, expenses of $112K, total assets of $8.3M.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $262K | $112K | $8.3M |
| 2023 | $171K | $128K | $7.4M |
| 2022 | $112K | $144K | $6.3M |
| 2020 | $-75K | $139K | $7.2M |
| 2019 | $416K | $186K | $6.6M |
Between 2019 and 2024, reported annual revenue declined from $416K to $262K (-37%), with total assets most recently reported at $8.3M.
Interactive year-over-year charts and full filing details available with membership.
