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

Bit Holdings Seventy-Two INC

Not tax-deductible

Las Vegas, NVMutual-benefit / member-servingSince 2014Public & Societal Benefit EIN 47-1256046Revenue $3.2M in FY2025Latest return filed May 1, 2026

On file with the IRS6725 Via Austi Pkwy Ste 260, 89119-3552 · Las Vegas, NVTax-exempt since Mar 2015

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

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

The corporation was organized for the exclusive purpose of acquiring real property, holding title thereto, collecting the income from such property, and remitting the entire amount less expenses to qualified shareholders.

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
6 of 6
filings with a surplus
Average surplus $1.2M a year · 42% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$30.3M
32% of total assets
Looks good: liabilities are 32% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+104% vs prior year
Spent
$931K
Net assets
$64.6M
By yearFY2020–FY2025
Revenue
$3.2M
FY2025▲ +104%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$3.7M
FY2022$3.1M
FY2023$3.0M
FY2024$1.6M
FY2025$3.2M
Expenses
$931K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.2M
FY2022$2.2M
FY2023$1.5M
FY2024$917K
FY2025$931K
Net assets
$64.6M
FY2025▼ -4%
Tap a bar for its year
Net assets by fiscal year
FY2020$49.9M
FY2021$56.9M
FY2022$53.4M
FY2023$75.0M
FY2024$67.2M
FY2025$64.6M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2015.

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

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Dominick D'Eramo
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bit Holdings Seventy-Two INC 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Acquires and manages property, collecting income for shareholders.

Questions for Bit Holdings Seventy-Two INC

Tap to ask. Bit Holdings Seventy-Two INC sees how many people are interested.

Your first name shows with your question. Bit Holdings Seventy-Two INC answers here, for everyone.

1 program · in their own filed words · FY2025
01

Bit holdings seventy-two, inc. Was organized for the exclusive purpose of acquiring real property, holding title thereto, collecting the income from such property, and remitting the entire amount less expenses to the afl-cio building investment trust.

Pt IX · col B

Funders

Who pays for it.

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

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$3.2M
Ln 12
Other incomeLn 4–11$3.2M
Money outPt IX
$931K
Ln 25
Owns and owesPt X
$64.6M
net assets · Ln 32
Cash and savingsLn 1–2$926K
Total assetsLn 16$94.9M
LiabilitiesLn 26$30.3M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$3.2M
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$278K
SavingsLn 2$648K
Cash and savings togetherLn 1–2$926K
Land, buildings, equipmentLn 10c$63.9M
Total assetsLn 16$94.9M
LiabilitiesLn 26$30.3M
Net assetsLn 32$64.6M
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
LineStart FY25End FY25
Cash and savingsLn 1–2$489K$926K
Land, buildings, equipmentLn 10c$68.0M$63.9M
Total assetsLn 16$99.5M$94.9M
LiabilitiesLn 26$32.3M$30.3M
Net assetsLn 32$67.2M$64.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$41K
Other fees for servicesLn 11g$9K
OccupancyLn 16$882K
Total functional expensesLn 25$931K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 1, 2026 $3.2M$931K$2.3M$64.6M 990 PDF
FY2024Filed with the IRS May 14, 2025 $1.6M$917K$662K$67.2M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $3.0M$1.5M$1.5M$75.0M 990 PDF
FY2022Filed with the IRS Apr 5, 2023 $3.1M$2.2M$935K$53.4M 990 PDF
FY2021Filed with the IRS Sep 21, 2022 $3.7M$2.2M$1.4M$56.9M 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $2.8M$2.2M$557K$49.9M 990 PDF

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 $3,225,402 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 $0$0
I-11 Other revenuePrior year $1,578,965$3,225,402
I-12 Total revenuePrior year $1,578,965$3,225,402
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 $916,775$931,228
I-18 Total expensesPrior year $916,775$931,228
I-19 Revenue less expensesPrior year $662,190$2,294,174
Part VI · Governance 4 of 4 board members independent, 5 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
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
Part VIII · Statement of revenue $3,225,402 across 2 lines filed
VIII-6 Net rental income or lossExcluded from tax $3,225,402$3,225,402
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,225,402$3,225,402
Part IX · Statement of functional expenses $931,228 across 3 lines filed
IX-11b Legal fees$40,627
IX-11g Other fees for services$8,720
IX-16 Occupancy$881,881
IX-25 Total functional expenses$931,228
Part X · Balance sheet $94,920,388 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $488,553$277,517
X-2 Savings and temporary cash investments$648,033
X-4 Accounts receivableStart of year $359,341$316,601
X-9 Prepaid expenses and deferred chargesStart of year $30,701,435$29,778,237
X-10c Land, buildings and equipment, netStart of year $68,000,000$63,900,000
X-16 Total assetsStart of year $99,549,329$94,920,388
X-17 Accounts payable and accrued expensesStart of year $225,195$227,509
X-19 Deferred revenueStart of year $18,804$15,807
X-25 Other liabilitiesStart of year $32,100,195$30,073,149
X-26 Total liabilitiesStart of year $32,344,194$30,316,465
X-32 Total net assets or fund balancesStart of year $67,205,135$64,603,923
X-33 Total liabilities and net assetsStart of year $99,549,329$94,920,388
Part XI · Reconciliation of net assets $64,603,923 net assets at year end
XI-1 Total revenue$3,225,402
XI-2 Total expenses$931,228
XI-3 Revenue less expenses$2,294,174
XI-4 Net assets at start of year$67,205,135
XI-5 Net unrealized gains (losses) on investments−$4,895,386
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$64,603,923

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.

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.