philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Hesperian Building Association

Tax-deductible

Northville, MI501(c)(7)Mutual / membership EIN 38-6158263Revenue $551K in FY2025

On file with the IRSpsi-u.comPo Box 424, 48167-0424 · Northville, MITax-exempt since Sep 1945

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

United in friendship, psi upsilon members aspire to moral, intellectual and social excellence in themselves as they seek to inspire these values in society.

501(c)(7) social or recreational club; the IRS lists gifts to it as tax-deductible.
100¢ of each $1 spent went to programs.
Run by 7 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $7K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $19K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$624K
105% of total assets
Concern: liabilities are 105% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$551K
+57% vs prior year
Spent
$496K
To programs
100%
Net assets
−$32K
By yearFY2020–FY2025
Revenue
$551K
FY2025▲ +57%
Tap a bar for its year
Revenue by fiscal year
FY2020$322K
FY2021$311K
FY2022$404K
FY2023$433K
FY2024$351K
FY2025$551K
Expenses
$496K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$346K
FY2021$314K
FY2022$380K
FY2023$392K
FY2024$487K
FY2025$496K
Net assets
−$32K
FY2025▲ +63%
Tap a bar for its year
Net assets by fiscal year
FY2020−$13K
FY2021−$15K
FY2022$9K
FY2023$50K
FY2024−$86K
FY2025−$32K

From the FY2025 Form 990 (year ending July 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1945.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $494K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Michael Barnd
Secretary
$0Pt VII · Sec A
Steve Conlon
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Hesperian Building Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Promote moral, intellectual, and social excellence in members and society.

Questions for Hesperian Building Association

Tap to ask. Hesperian Building Association sees how many people are interested.

Your first name shows with your question. Hesperian Building Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

Provided meals, housing, and social programs for the local social fraternity members- total of 104 members for the year.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Society for the Preservation of Greek HousingFY2020$19K
Total grants receivedfrom 1 funder$19K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$551K
Ln 12
Fees for servicesLn 2g$526K
Gifts and grantsLn 1h$25K
Investment incomeLn 3$2
Money outPt IX
$496K
Ln 25
Programscol B$494K
Fundraisingcol D$2K
Owns and owesPt X
−$32K
net assets · Ln 32
Cash and savingsLn 1–2$39K
Total assetsLn 16$592K
LiabilitiesLn 26$624K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25K
Fees for servicesLn 2g$526K
Investment incomeLn 3$2
Total revenueLn 12$551K
Assets in detailPt X, end of year
CashLn 1$39K
Cash and savings togetherLn 1–2$39K
Land, buildings, equipmentLn 10c$553K
Total assetsLn 16$592K
LiabilitiesLn 26$624K
Net assetsLn 32−$32K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3K$39K
Land, buildings, equipmentLn 10c$547K$553K
Total assetsLn 16$551K$592K
LiabilitiesLn 26$637K$624K
Net assetsLn 32−$86K−$32K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$16K$16K
Professional fundraising feesLn 11e$2K$2K
Office expensesLn 13$42$42
OccupancyLn 16$256K$256K
Depreciation, depletion and amortizationLn 22$17K$17K
Other expenses (24a–d)Ln 24$195K$195K
All other expensesLn 24e$10K$10K
Total functional expensesLn 25$496K$494K$0$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $551K$496K$55K−$32K 990 PDF
FY2024 $351K$487K−$136K−$86K 990 PDF
FY2023 $433K$392K$41K$50K 990 PDF
FY2022 $404K$380K$24K$9K 990 PDF
FY2021 $311K$314K−$2K−$15K 990 PDF
FY2020 $322K$346K−$24K−$13K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $550,793 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $37,983$25,000
I-9 Program service revenuePrior year $312,830$525,791
I-10 Investment income$2
I-11 Other revenue$0
I-12 Total revenuePrior year $350,813$550,793
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising feesPrior year $1,980$1,800
I-17 Other expensesPrior year $484,603$494,450
I-18 Total expensesPrior year $486,583$496,250
I-19 Revenue less expensesPrior year −$135,770$54,543
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $550,793 across 5 lines filed
VIII-1f All other contributions, gifts and grants$25,000
VIII-1h Total contributions, gifts and grants$25,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $525,791$525,791
VIII-3 Investment incomeRelated to mission $2$2
VIII-12 Total revenueRelated to mission $525,793$550,793
Part IX · Statement of functional expenses $496,250 across 7 lines filed
IX-11c Accounting feesPrograms $15,862$15,862
IX-11e Professional fundraising feesFundraising $1,800$1,800
IX-13 Office expensesPrograms $42$42
IX-16 OccupancyPrograms $256,423$256,423
IX-22 Depreciation, depletion and amortizationPrograms $17,086$17,086
IX-24 Other expenses (24a–d)Programs $195,446$195,446
IX-24e All other expensesPrograms $9,591$9,591
IX-25 Total functional expensesPrograms $494,450 · Management $0 · Fundraising $1,800$496,250
Part X · Balance sheet $591,995 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $3,455$38,695
X-10c Land, buildings and equipment, netStart of year $547,114$553,300
X-16 Total assetsStart of year $550,569$591,995
X-24 Unsecured notes and loans payable$32,000
X-26 Total liabilitiesStart of year $636,753$623,636
X-32 Total net assets or fund balancesStart of year −$86,184−$31,641
X-33 Total liabilities and net assetsStart of year $550,569$591,995
Part XI · Reconciliation of net assets −$31,641 net assets at year end
XI-1 Total revenue$550,793
XI-2 Total expenses$496,250
XI-3 Revenue less expenses$54,543
XI-4 Net assets at start of year−$86,184
XI-10 Net assets at end of year−$31,641

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.