2025-02-13T17:59:06-06:00 2024-03-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-04-01 521400687 NATIONAL ASSOCIATION OF LETTER CARRIERS BUILDING CORPORATION % NICOLE RHINE NATI 2023934695 100 INDIANA AVE NW WASHINGTON DC 200012144 NICOLE RHINE SECRETARY-TREASURER 2023934695 2025-02-11 true true RICHARD RUVELSON P00234075 3012726000 2025-02-11 2023 2025-03-06 01:10:19Z PAUL E BARNER 100 INDIANA AVE NW WASHINGTON DC 20001 6815454 false X N/A X 1983 DC THE ORGANIZATION IS A TITLE HOLDING CORPORATION FOR THE NATIONAL ASSOCIATION OF LETTER CARRIERS AND IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER I.R.C. SEC. 501(C)(2). 3 0 0 0 0 0 0 0 5265880 6808845 0 0 0 6609 5265880 6815454 0 0 0 0 0 0 0 0 0 2372317 2370095 2372317 2370095 2893563 4445359 22469083 26279502 8024 23775 22461059 26255727 THE ORGANIZATION IS A TITLE HOLDING CORPORATION FOR THE NATIONAL ASSOCIATION OF LETTER CARRIERS AND IS EXEMPT FROM FEDERAL INCOME TAXATION UNDER I.R.C. SEC. 501(C)(2). false false HOLDS TITLE TO NONRESIDENTIAL AND RESIDENTIAL REAL PROPERTY WHICH IS PARTIALLY OCCUPIED BY NATIONAL ASSOCIATION OF LETTER CARRIERS, A RELATED TAX-EXEMPT ORGANIZATION, AND LEASES REMAINING OFFICE SPACE TO A TAX-EXEMPT AFFILIATE OF NALC AND UNRELATED TENANTS. THE ORGANIZATION HOLDS OTHER PROPERTY THAT IS OCCUPIED FOR USE BY NATIONAL ASSOCIATION OF LETTER CARRIERS. false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false true true false false true 0 0 0 false false false false false false false false X 3 0 true false false false true true false true false false false true false false true false false false X NICOLE RHINE 2023934695 100 INDIANA AVE NW WASHINGTON DC 20001 X NICOLE RHINE DIRECTOR/SECRETARY-TREASURER 1.0 39.0 X X 0 223321 129418 PAUL E BARNER PRESIDENT 1.0 39.0 X 0 230986 118663 BRIAN RENFROE Director & VP(THRU 11/15/23) 1.0 7.0 X 0 272001 65643 TIMOTHY MCKAY VICE PRESIDENT (EFF. 11/15/23) 1.0 39.0 X 0 120102 43159 LAWRENCE BROWN JR DIRECTOR 1.0 7.0 X 0 44236 8753 0 890646 365636 0 false true false RED COATS INC 4520 East West Highway 200 BETHESDA MD 20814 JANITORIAL SERVICES 227335 PCM Services Inc 12050 Baltimore Ave 200 BELTSVILLE MD 20705 general maintenance 110242 2 0 RENTAL INCOME 531120 6808845 6808845 6808845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 6609 6609 6609 6815454 6815454 0 0 0 0 0 0 0 0 0 0 0 3687 63426 0 0 0 22580 0 15542 19807 0 1325817 4281 0 0 0 0 806685 91909 TAXES - OTHER 16361 2370095 306847 355510 0 0 0 0 685448 211983 0 0 0 0 0 0 0 0 1236151 1151781 35943715 11503433 17883210 24440282 0 0 0 0 0 0 0 0 2357427 119946 22469083 26279502 1785 6029 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6239 17746 8024 23775 X 22461059 26255727 0 0 22461059 26255727 22469083 26279502 X 4445359 -650691 X false true X true false 7126208 7126208 26395792 9790386 16605406 2039730 1358078 681652 381985 354969 27016 24440282 0 SECURITY DEPOSIT 17746 17746 X PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management to evaluate income tax positions taken and accrue an income tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the income tax positions taken and concluded that as of March 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require accrual of a liability in the consolidated financial statements. NALC is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax related interest or penalties for the periods presented in these consolidated financial statements. Should such penalties and interest be incurred, NALC Building Corporation's policy is to recognize them as administrative expenses. false false false NICOLE RHINE DIRECTOR/SECRETARY-TREASURER 0 203448 0 0 0 19873 0 116655 0 12763 0 352739 0 0 PAUL E BARNER PRESIDENT 0 211596 0 0 0 19390 0 117163 0 1500 0 349649 0 0 BRIAN RENFROE Director & VP(THRU 11/15/23) 0 247125 0 0 0 24876 0 50030 0 15613 0 337644 0 0 TIMOTHY MCKAY VICE PRESIDENT (EFF. 11/15/23) 0 119481 0 0 0 621 0 12413 0 30746 0 163261 0 0 PART II, COLUMN C - DEFERRED COMPENSATION: $259,276 INCLUDED AS DEFERRED COMPENSATION WHICH REPRESENTS THE ANNUAL INCREASE IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. THIS DOES NOT REPRESENT ACTUAL CASH OUTLAYS. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIP: DIRECTOR LAWRENCE BROWN, JR. Serves as Trustee; NICOLE RHINE Serves as Secretary/Treasurer, PAUL E BARNER serves as Executive Vice President, BRIAN RENFROE SERVES AS President of NATIONAL ASSOCIATION OF LETTER CARRIERS, and Timothy McKay serves as an employee of National Association of Letter Carriers. PART VI, SECTION A, LINE 6 - STOCKHOLDERS OF THE ORGANIZATION: THE NALC BOARD OF TRUSTEES IS THE SOLE SHAREHOLDER OF THE CORPORATION. PART VI, SECTION A, LINE 7A - POWER TO ELECT THE GOVERNING BODY: THE NALC BOARD OF TRUSTEES AS THE SOLE SHAREHOLDER ELECTS THE BOARD OF DIRECTORS. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: THE ORGANIZATION HAS NO OTHER COMMITTEES OUTSIDE OF THE BOARD OF DIRECTORS. PART VI, SECTION B, LINE 11B - REVIEW OF FORM 990: THE COMPLETED FORM 990 IS REVIEWED BY A MEMBER OF THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO SIGNATURE AND FILING. PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS: THE BUILDING CORPORATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. PART VII, SECTION A, LINE 1A, COL. F-OTHER COMPENSATION FROM RELATED ORG: $268,029 INCLUDES DEFERRED COMPENSATION WHICH REPRESENTS THE ANNUAL INCREASE IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. THESE AMOUNTS REPORTED ARE NOT ACTUAL OUTLAYS OF COMPENSATION BY THE RELATED ORGANIZATION TO THE DIRECTORS AND HIGHLY COMPENSATED EMPLOYEES. PART X, LINE 9 - OTHER CHANGES IN NET ASSETS: $650,691 DEFERRED RENT - GAAP STRAIGHT LINE LOUDOUN PROPERTIES HB LLC 100 INDIANA AVE NW WASHINGTON DC 20001 811391787 REAL ESTATE VA 1242890 9992552 NALC BLD CRP DC CAPITOL HILL PROPERTIES LLC 100 INDIANA AVE NW WASHINGTON DC 20001 822499528 REAL ESTATE DC 144000 2388624 NALC BLD CRP MARIETTA COBB PROPERTIES LLC 100 INDIANA AVE NW WASHINGTON DC 20001 823686887 REAL ESTATE GA 1270723 4311629 NALC BLD CRP LORAIN PROPERTIES LLC 100 INDIANA AVE NW WASHINGTON DC 20001 932421197 REAL ESTATE OH 43210 424851 NALC BLD CRP ONTARIO SB PROPERTIES LLC 100 INDIANA AVE NW WASHINGTON DC 20001 933924870 REAL ESTATE CA 121744 3344840 NALC BLD CRP DENTON COUNTY PROPERTIES LLC 100 INDIANA AVE NW WASHINGTON DC 20001 992063857 REAL ESTATE TX 0 3075813 NALC BLD CRP NATIONAL ASSOCIATION OF LETTER CARRIERS 100 INDIANA AVE NW WASHINGTON DC 20001 530114650 LABOR ORG DC 501(c)(5) NA false LETTER CARRIER POLITICAL FUND 100 INDIANA AVE NW WASHINGTON DC 20001 521269023 POLITICAL ORG DC 527 NALC false NALCREST FOUNDATION INC PO BOX 6359 NALCREST FL 33856 591004167 RETIRE. CTR. FL 501(c)(4) NALC false false false false false false false false false false true false false true true true false false false false