Pressmen Welfare Fund FY2023 filing

Not tax-deductible

Sparks, MDMutual-benefit / member-servingMutual / membership EIN 23-7092745Revenue $2.1M in FY2023Latest return filed Nov 13, 2025

On file with the IRSSparks, MDTax-exempt since Jan 1971

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To provide medical, dental and other Welfare benefits to union membership in accordance with collectively bargained agreement

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7092745) · Dispute this line
$57K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $218K a year · 13% of revenue · last 5 filings
A surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$57K
to officers and key staff · 3% of spending
Pay to officers and key staff is 3% of spending.
Part VII, Section A
1.3 mo
of spending, in cash
Plus $810K in investments, Pt X · Ln 11–13
1.3 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$7K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
2
of 6 voting members
2 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$2.1M
+27% vs prior year
Spent
$2.1M
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$2.1M
FY2023▲ +27%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.4M
FY2022$1.7M
FY2023$2.1M
FY2024$2.0M
Expenses
$2.1M
FY2023▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$1.8M
FY2022$1.9M
FY2023$2.1M
FY2024$2.1M
Net assets
$1.2M
FY2023▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$1.7M
FY2022$1.3M
FY2023$1.2M
FY2024$1.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1971.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990; $57K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Union Trustee
$42,634Pt VII · Sec A
Union Trustee
$13,995Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Employer Trustee
$0Pt VII · Sec A
Union Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2020
Paul S Atwill——$50,003
Janice Bort$45,687$42,634$45,871
Paul Atwill$9,462$13,995—
Dennis Larkin$3,720——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Pressmen Welfare Fund executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers medical, dental, and welfare benefits to union members as agreed in contracts.

Questions for Pressmen Welfare Fund

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Your first name shows with your question. Pressmen Welfare Fund answers here, for everyone.

1 program · in their own filed words · FY2023
01

Provided health care, vision, prescription drugs, disability and death benefits administered in accordance with collectively bargained agreements for members of washington printing pressmen, assistants and offset workers L.U. No. 72.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 23-7092745) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$199K
Money outPt IX
$2.1M
Ln 25
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$229K
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$199K
Gains on assetsLn 7$184K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$229K
Cash and savings togetherLn 1–2$229K
Accounts receivableLn 4$193K
Prepaid expenses and deferred chargesLn 9$7K
InvestmentsLn 11–13$810K
Total assetsLn 16$1.2M
LiabilitiesLn 26$7K
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$210K$229K
InvestmentsLn 11–13$846K$810K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.3M$1.2M
LiabilitiesLn 26$2K$7K
Net assetsLn 32$1.3M$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$1.9M
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$120K
Legal feesLn 11b$11K
Accounting feesLn 11c$15K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$14K
Advertising and promotionLn 12$0
Office expensesLn 13$5K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$5K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$7K
Other expenses (24a–d)Ln 24$6K
Total functional expensesLn 25$2.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 13, 2025 $2.0M$2.1M−$118K$1.2M 990 PDF
FY2023 ViewingFiled with the IRS Nov 15, 2024 $2.1M$2.1M$50K$1.2M 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.7M$1.9M−$261K$1.3M 990 PDF
FY2021Filed with the IRS Nov 4, 2022 $1.4M$1.8M−$376K$1.7M 990 PDF
FY2020Filed with the IRS Nov 8, 2021 $1.5M$1.9M−$384K$1.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $2,112,774 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,649,740$1,913,572
I-10 Investment incomePrior year $14,011$199,202
I-11 Other revenuePrior year $126$0
I-12 Total revenuePrior year $1,663,877$2,112,774
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $1,742,961$1,880,207
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $181,465$182,845
I-18 Total expensesPrior year $1,924,426$2,063,052
I-19 Revenue less expensesPrior year −$260,549$49,722
Part VI · Governance 2 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,112,774 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,913,572$1,913,572
VIII-3 Investment incomeExcluded from tax $15,150$15,150
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $184,052$184,052
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $1,913,572 · Unrelated business $0 · Excluded from tax $199,202$2,112,774
Part IX · Statement of functional expenses $2,063,052 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$1,880,207
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$120,020
IX-11b Legal fees$11,388
IX-11c Accounting fees$14,569
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$13,863
IX-12 Advertising and promotion$0
IX-13 Office expenses$5,111
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$5,449
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$6,579
IX-24 Other expenses (24a–d)$5,866
IX-25 Total functional expenses$2,063,052
Part X · Balance sheet $1,240,161 assets, 31 lines filed
X-1 Cash, non-interest-bearingStart of year $209,992$229,472
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $196,234$192,913
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $3,629$7,418
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $846,172$810,358
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,256,027$1,240,161
X-17 Accounts payable and accrued expensesStart of year $2,218$6,582
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $2,218$6,582
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $1,253,809$1,233,579
X-32 Total net assets or fund balancesStart of year $1,253,809$1,233,579
X-33 Total liabilities and net assetsStart of year $1,256,027$1,240,161
Part XI · Reconciliation of net assets $1,233,579 net assets at year end
XI-1 Total revenue$2,112,774
XI-2 Total expenses$2,063,052
XI-3 Revenue less expenses$49,722
XI-4 Net assets at start of year$1,253,809
XI-5 Net unrealized gains (losses) on investments−$69,952
XI-10 Net assets at end of year$1,233,579

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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