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United Service Organizations

Uso Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$7.54M (2023)

Expenses
$12.3M (2023)

Total Assets
$155M (2023)

Total Liabilities
$67k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,538,820
Expenses
$12,272,899
Net Income
-$4,734,079
Net Assets
$155,359,122
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,280,896
56.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,257,924
43.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $155,426,087
Total Liabilities $66,965
Net Assets $155,359,122
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman (End 12/23)) $0 $0 $0
Amanda Koehler (Director (End 12/23)) $0 $0 $0
Andrew Magliochetti (Director) $0 $0 $0
Chris Clarke (Director (End 12/23)) $0 $0 $0
Courtney L Billington (Director (Beg 01/23)) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Thomas Wessels (Director (End 12/23)) $0 $0 $0
William J Lynn Iii (Director) $0 $0 $0
Kristine Shumack (Treasurer; Uso, Inc. Cfo) $0 $318,802 $60,374
Warren Carsten (Sec; Uso, Inc. Vp Fin Sys) $0 $183,294 $30,673

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,556,427
Expenses
$3,344,529
Net Income
$15,211,898
Net Assets
$144,594,742
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,730,431
14.7%
Program Services $0
Investment Income $2,823,275
15.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $13,002,721
70.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $144,641,510
Total Liabilities $46,768
Net Assets $144,594,742
Compensation
Key Employees and Officers Compensation Related Other
Kristine Shumack (Treasurer; Uso, Inc. Cfo) $0 $355,065 $56,259
Warren Carsten (Sec; Uso, Inc. Dir Fin Rpt(beg 7/22)) $0 $174,620 $29,182
Derek Herr (Sec; Uso, Inc. Dir Fin Rpt(end 7/22)) $0 $87,590 $28,780
Jed Becker (President & Chairman) $0 $0 $0
William J Lynn Iii (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Andrew Magliochetti (Director) $0 $0 $0
Amanda Koehler (Director) $0 $0 $0
Thomas Wessels (Director) $0 $0 $0
Chris Clarke (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,083,062
Expenses
$482,870
Net Income
$10,600,192
Net Assets
$165,800,375
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,029,073
45.4%
Program Services $0
Investment Income $2,868,201
25.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,185,788
28.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $165,850,457
Total Liabilities $50,082
Net Assets $165,800,375
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman) $0 $0 $0
William J Lynn Iii (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Karl Heinz Stahl (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Andrew Magliochetti (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Amanda Koehler (Director (Beg 05/2021)) $0 $0 $0
Thomas Wessels (Director (Beg 07/2021)) $0 $0 $0
Chris Clark (Director (Beg 07/2021)) $0 $0 $0
Kristine Shumack (Treasurer; Uso, Inc. Cfo) $0 $320,264 $53,902
Derek Herr (Secretary; Uso, Inc. Dir Fin Rpt, Pl) $0 $144,144 $44,105
Philip Parisi (Former Treasurer & Uso, Inc. Cfo) $0 $160,931 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,885,043
Expenses
$502,072
Net Income
$10,382,971
Net Assets
$146,925,286
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,637,329
24.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,247,714
75.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $147,146,035
Total Liabilities $220,749
Net Assets $146,925,286
Compensation
Key Employees and Officers Compensation Related Other
Philip Parisi End 072020 (Treasurer; Uso, Inc. Cfo) $0 $421,002 $198,805
Kristine Shumack Beg 102020 (Treasurer; Uso, Inc. Cfo) $0 $259,205 $48,131
Derek Herr (Secretary; Uso, Inc. Dir Fin Rpt, Plng & Analysis) $0 $137,075 $37,495
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
William J Lynn Iii (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Karl Heinz Stahl (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Louis A Weil (Director) $0 $0 $0
Andrew Magliochetti (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,939,540
Expenses
$495,335
Net Income
$30,444,205
Net Assets
$131,919,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $24,037,387
77.7%
Program Services $0
Investment Income $3,535,559
11.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,366,594
10.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $131,992,293
Total Liabilities $72,870
Net Assets $131,919,423
Compensation
Key Employees and Officers Compensation Related Other
Philip Parisi (Treasurer; Uso, Inc. Cfo) $0 $347,886 $45,420
Kristine Shumack (Secretary; Uso, Inc. Vp Contr.) $0 $209,936 $44,911
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
William J Lynn Iii (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Karl Heinz Stahl (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Louis A Weil (Director) $0 $0 $0
Andrew Magliochetti (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,274,675
Expenses
$448,431
Net Income
$2,826,244
Net Assets
$89,609,618
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.0%
Program Services $0
Investment Income $1,858,867
56.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,415,558
43.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $89,657,233
Total Liabilities $47,615
Net Assets $89,609,618
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
Robert Fitch (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
William Lynn (Director) $0 $0 $0
Karl Heinz Stahl (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Louis A Weil (Director) $0 $0 $0
Philip Parisi (Treasurer; Uso, Inc. Cfo) $0 $343,937 $46,284
Kristine Shumack (Secretary; Uso, Inc. Vp Contr.) $0 $193,834 $49,432

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,825,648
Expenses
$567,437
Net Income
$4,258,211
Net Assets
$96,440,873
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,548,905
32.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,276,743
67.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $96,597,677
Total Liabilities $156,804
Net Assets $96,440,873
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
Robert Fitch (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Robert Martinez (Director) $0 $0 $0
Karl Heinz Stahl (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Tom Vice (Director) $0 $0 $0
Louis A Weil (Director) $0 $0 $0
Philip Parisi (Treasurer; Uso, Inc. Cfo) $0 $333,843 $41,969
Kristine Shumack (Secretary; Uso, Inc. Vp Contr.) $0 $186,596 $40,751

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,115,756
Expenses
$577,838
Net Income
$2,537,918
Net Assets
$85,484,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $140
0.0%
Program Services $0
Investment Income $1,778,752
57.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,336,864
42.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $85,858,769
Total Liabilities $374,747
Net Assets $85,484,022
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
Robert Fitch (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Tom Vice (Director) $0 $0 $0
Philip Parisi (Treasurer; Uso, Inc. Cfo) $0 $277,325 $46,978
Kristine Shumack (Secretary; Uso, Inc. Vp Contr.) $0 $182,167 $37,886

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,573,618
Expenses
$399,507
Net Income
$13,174,111
Net Assets
$79,375,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $12,205,944
89.9%
Program Services $0
Investment Income $1,299,413
9.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $68,261
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $79,565,247
Total Liabilities $189,760
Net Assets $79,375,487
Compensation
Key Employees and Officers Compensation Related Other
Jed Becker (President & Chairman) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
Robert Fitch (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Tom Vice (Director) $0 $0 $0
Philip Parisi (Treasurer; Uso, Inc. Cfo) $0 $320,955 $45,937
Kristine Shumack (Secretary; Uso, Inc. Vp Contr.) $0 $190,154 $20,967

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,384,124
Expenses
$318,949
Net Income
$13,065,175
Net Assets
$68,922,757
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,983,498
14.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,400,626
85.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $69,021,419
Total Liabilities $98,662
Net Assets $68,922,757
Compensation
Key Employees and Officers Compensation Related Other
Bob Fitch (President) $0 $0 $0
John Gottschalk (Director) $0 $0 $0
Jed Becker (Director) $0 $0 $0
Thomas Lynch (Director) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
William H Timbers (Director) $0 $0 $0
Philip Parisi (Treasurer) $0 $264,157 $44,406
Kristine Shumack (Secretary) $0 $156,019 $41,282

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,828,304
Expenses
$255,463
Net Income
$3,572,841
Net Assets
$65,875,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,840,071
48.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,988,233
51.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $65,911,620
Total Liabilities $35,753
Net Assets $65,875,867
Compensation
Key Employees and Officers Compensation Related Other
Bob Fitch (President) $0 $0 $0
John Gottschalk (Director) $0 $0 $0
Jed Becker (Director) $0 $0 $0
Tom Lynch (Director) $0 $0 $0
Edward T Reilly (Director) $0 $0 $0
Nick Timbers (Director) $0 $0 $0
Philip Parisi (Treasurer) $0 $297,131 $41,914
Jennifer Giglio (Secretary) $0 $113,156 $19,200

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,926,904
Expenses
$228,758
Net Income
$2,698,146
Net Assets
$59,476,238
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,558,169
53.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,368,735
46.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,493,618
Total Liabilities $17,380
Net Assets $59,476,238

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,939,591
Expenses
$220,187
Net Income
$2,719,404
Net Assets
$53,804,132
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,639,786
55.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,299,805
44.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,813,132
Total Liabilities $9,000
Net Assets $53,804,132

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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