Postal Workers Building Corporation: Nonprofit Profile, Financials & Form 990 (EIN 43-1283312)

Revenue by fiscal year
FY2020	$14K
FY2021	$10K
FY2022	$362K
FY2023	$10K
FY2024	$14K

Expenses by fiscal year
FY2020	$15K
FY2021	$11K
FY2022	$6K
FY2023	$1K
FY2024	$2K

Net assets by fiscal year
FY2020	$281K
FY2021	$280K
FY2022	$636K
FY2023	$645K
FY2024	$658K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1983.

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

Where the money goes

What each dollar paid for.

100%

Management & general 100% · $2K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation

Millard E Hollenbeck

Vice President

$0Pt VII · Sec A

Robin Robertson

Secretary-Treasurer

$0Pt VII · Sec A

William Brady

President

$0Pt VII · Sec A

See Postal Workers Building Corporation executive salaries →

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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

Provides affordable meeting and event space for community groups.

Questions for Postal Workers Building Corporation

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Provided by the organization

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1 program · $36K · in their own filed words · FY2024

01

Union hall maintenance

$36Kprogram expense

By the numbers

The FY2024 990, line by line.

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from philanthropy.org

1The main four

Money inPt VIII

$14K

Ln 12

Other incomeLn 4–11$7K

Investment incomeLn 3$7K

Money outPt IX

$2K

Ln 25

Managementcol C$2K

Owns and owesPt X

$658K

net assets · Ln 32

Cash and savingsLn 1–2$322K

Total assetsLn 16$658K

LiabilitiesLn 26$0

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b0

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$7K

Other incomeLn 4–11$7K

Total revenueLn 12$14K

Assets in detailPt X, end of year

CashLn 1$322K

Cash and savings togetherLn 1–2$322K

Land, buildings, equipmentLn 10c$335K

Total assetsLn 16$658K

LiabilitiesLn 26$0

Net assetsLn 32$658K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$310K	$322K
Land, buildings, equipmentLn 10c	$335K	$335K
Total assetsLn 16	$645K	$658K
LiabilitiesLn 26	$0	$0
Net assetsLn 32	$645K	$658K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$221		$221
Accounting feesLn 11c	$1K		$1K
Total functional expensesLn 25	$2K	$0	$2K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest Viewing	$14K	$2K	$13K	$658K	990 PDF
FY2023	$10K	$1K	$9K	$645K	990 PDF
FY2022	$362K	$6K	$355K	$636K	990 PDF
FY2021	$10K	$11K	−$937	$280K	990 PDF
FY2020	$14K	$15K	−$1K	$281K	990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $14,202 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $6,425$6,885

I-11 Other revenuePrior year $4,052$7,317

I-12 Total revenuePrior year $10,477$14,202

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,369$1,516

I-18 Total expensesPrior year $1,369$1,516

I-19 Revenue less expensesPrior year $9,108$12,686

Part VI · Governance 0 of 3 board members independent, 4 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members0

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $14,202 across 4 lines filed

VIII-3 Investment incomeRelated to mission $6,885$6,885

VIII-6 Net rental income or lossRelated to mission $5,985$5,985

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,332$1,332

VIII-12 Total revenueRelated to mission $14,202 · Unrelated business $0 · Excluded from tax $0$14,202

Part IX · Statement of functional expenses $1,516 across 2 lines filed

IX-11b Legal feesManagement $221$221

IX-11c Accounting feesManagement $1,295$1,295

IX-25 Total functional expensesPrograms $0 · Management $1,516 · Fundraising $0$1,516

Part X · Balance sheet $657,518 assets, 6 lines filed

Asset lines not itemized here account for $832; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $309,909$321,764

X-10c Land, buildings and equipment, netStart of year $334,922$334,922

X-16 Total assetsStart of year $644,831$657,518

X-26 Total liabilitiesStart of year $0$0

X-32 Total net assets or fund balancesStart of year $644,831$657,518

X-33 Total liabilities and net assetsStart of year $644,831$657,518

Part XI · Reconciliation of net assets $657,518 net assets at year end

XI-1 Total revenue$14,202

XI-2 Total expenses$1,516

XI-3 Revenue less expenses$12,686

XI-4 Net assets at start of year$644,831

XI-8 Prior period adjustments$1

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$657,518

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Postal Workers Building Corporation

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Postal Workers Building Corporation

By the numbers

Filing history

Schedules filed Part IV