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Graphic Communications Benevolent Trust Fund

  • Silver Spring, MD
  • Tax-exempt since Nov. 1989
  • EIN: 52-1632857

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$834k (2023)

Expenses
$2.91M (2023)

Total Assets
$60M (2023)

Total Liabilities
$83.1k (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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$833,840
Expenses
$2,911,135
Net Income
-$2,077,295
Net Assets
$59,897,461
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $152,727
18.3%
Investment Income $1,011,566
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$235,733
Net Inventory Sales $0
Other Revenue -$94,720
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,980,511
Total Liabilities $83,050
Net Assets $59,897,461
Compensation
Key Employees and Officers Compensation Related Other
Kurt Freeman (President) $0 $234,839 $49,464
Steven Nobles (Vice President/Secretary T) $0 $197,773 $43,783
Alex Charles (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $8,722 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $0 $0
Denis Fournier (Trustee) $0 $3,765 $0
Israel Castro (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Stephen Sullivan (Trustee) $0 $4,591 $0
Mike Consolino (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on April 22, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,928,230
Expenses
$3,575,134
Net Income
$10,353,096
Net Assets
$59,244,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $162,887
1.2%
Investment Income $1,956,066
14.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,961,809
85.9%
Net Inventory Sales $0
Other Revenue -$152,532
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,319,504
Total Liabilities $74,677
Net Assets $59,244,827
Compensation
Key Employees and Officers Compensation Related Other
Kurt Freeman (President) $0 $228,583 $42,420
Steven Nobles (Vice President/Secretary T) $0 $189,380 $41,930
Alex Charles (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $4,414 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $0 $0
Denis Fournier (Trustee) $0 $3,131 $0
Israel Castro (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Stephen Sullivan (Trustee) $0 $3,531 $0
Mike Consolino (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,293,287
Expenses
$3,062,649
Net Income
$1,230,638
Net Assets
$65,948,469
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $170,173
4.0%
Investment Income $1,419,159
33.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,298,974
53.5%
Net Inventory Sales $0
Other Revenue $404,981
9.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $65,991,553
Total Liabilities $43,084
Net Assets $65,948,469
Compensation
Key Employees and Officers Compensation Related Other
Kurt Freeman (President) $0 $226,805 $40,347
Steven Nobles (Vice President/Secretary T) $0 $188,439 $40,747
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $2,627 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $0 $0
Denis Fournier (Trustee) $0 $1,228 $0
Israel Castro (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Stephen Sullivan (Trustee) $0 $1,313 $0
+ View more people

Document Links

990
Filed on May 16, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,945,700
Expenses
$2,770,840
Net Income
-$825,140
Net Assets
$55,870,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $182,755
9.4%
Investment Income $1,634,742
84.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $302,433
15.5%
Net Inventory Sales $0
Other Revenue -$174,230
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,934,793
Total Liabilities $64,691
Net Assets $55,870,102
Compensation
Key Employees and Officers Compensation Related Other
Kurt Freeman (President) $0 $211,393 $38,792
George Tedeschi (President (Retired)) $0 $117,785 $21,396
Steven Nobles (Vice President/Secretary Treasurer) $0 $94,163 $19,219
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $3,887 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $0 $0
Denis Fournier (Trustee) $0 $3,552 $0
Israel Castro (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Stephen Sullivan (Trustee) $0 $4,319 $0
Michael Consolino (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on May 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,506,667
Expenses
$2,744,122
Net Income
-$237,455
Net Assets
$55,754,296
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $206,744
8.2%
Investment Income $1,433,637
57.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $844,344
33.7%
Net Inventory Sales $0
Other Revenue $21,942
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,815,305
Total Liabilities $61,009
Net Assets $55,754,296
Compensation
Key Employees and Officers Compensation Related Other
George Tedeschi (Chairman) $0 $217,171 $41,183
Kurt Freeman (Secretary/Fund Administrat) $0 $190,906 $36,994
Patrick Lopresti (Trustee) $0 $0 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $3,810 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $5,081 $0
Denis Fournier (Trustee) $0 $3,903 $0
Steven Nobles (Trustee) $0 $4,234 $0
Stephen Sullivan (Trustee) $0 $0 $0
Alex Charles (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on July 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,324,349
Expenses
$3,371,317
Net Income
$1,953,032
Net Assets
$54,331,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $217,674
4.1%
Investment Income $1,429,288
26.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,733,000
70.1%
Net Inventory Sales $0
Other Revenue -$55,613
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,428,651
Total Liabilities $97,649
Net Assets $54,331,002
Compensation
Key Employees and Officers Compensation Related Other
Patrick Lopresti (Trustee) $0 $0 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $3,762 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $5,016 $0
Denis Fournier (Trustee) $0 $3,850 $0
Steven Nobles (Trustee) $0 $0 $0
Stephen Sullivan (Trustee) $0 $1,672 $0
Alex Charles (Trustee) $0 $0 $0
George Tedeschi (Chairman) $0 $215,100 $39,505
Robert Lacey (Secretary/Fund Administrat) $0 $131,648 $25,936
Kurt Freeman (Secretary/Fund Administrat) $0 $74,529 $14,343
+ View more people

Document Links

990
Filed on May 10, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,625,301
Expenses
$3,647,558
Net Income
-$22,257
Net Assets
$53,597,713
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $213,664
5.9%
Investment Income $1,616,688
44.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,843,772
50.9%
Net Inventory Sales $0
Other Revenue -$48,823
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,759,183
Total Liabilities $161,470
Net Assets $53,597,713
Compensation
Key Employees and Officers Compensation Related Other
Kurt Freeman (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $6,590 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $7,826 $0
Denis Fournier (Trustee) $0 $4,546 $0
Steven Nobles (Trustee) $0 $3,707 $0
Alex Charles (Trustee) $0 $0 $0
George Tedeschi (Chairman) $0 $211,495 $38,714
Robert Lacey (Secretary/Fund Administrat) $0 $178,563 $29,928
+ View more people

Document Links

990
Filed on April 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,807,208
Expenses
$3,947,098
Net Income
-$2,139,890
Net Assets
$52,003,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $221,337
12.2%
Investment Income $1,476,441
81.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $777,973
43.0%
Net Inventory Sales $0
Other Revenue -$668,543
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,356,880
Total Liabilities $353,422
Net Assets $52,003,458
Compensation
Key Employees and Officers Compensation Related Other
John Agenbroad (Trustee) $0 $0 $0
Kurt Freeman (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $4,921 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $4,921 $0
Denis Fournier (Trustee) $0 $3,759 $0
Duncan Brown (Trustee) $0 $0 $0
George Tedeschi (Chairman) $0 $204,597 $33,568
Robert Lacey (Secretary/Fund Administrat) $0 $176,989 $22,255
+ View more people

Document Links

990
Filed on May 12, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,253,001
Expenses
$3,411,075
Net Income
-$1,158,074
Net Assets
$55,586,828
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $245,925
10.9%
Investment Income $1,886,013
83.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,034,914
90.3%
Net Inventory Sales $0
Other Revenue -$1,913,851
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,837,709
Total Liabilities $250,881
Net Assets $55,586,828
Compensation
Key Employees and Officers Compensation Related Other
John Agenbroad (Trustee) $0 $0 $0
Kurt Freeman (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $0 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $4,868 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $4,868 $0
Denis Fournier (Trustee) $0 $4,529 $0
Duncan Brown (Trustee) $0 $0 $0
George Tedeschi (Chairman) $0 $201,958 $32,322
Robert Lacey (Secretary/Fund Administrator) $0 $175,046 $21,446
+ View more people

Document Links

990
Filed on March 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,113,147
Expenses
$4,170,239
Net Income
-$57,092
Net Assets
$57,805,983
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $326,244
7.9%
Investment Income $1,773,993
43.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,928,455
46.9%
Net Inventory Sales $0
Other Revenue $84,455
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $58,232,999
Total Liabilities $427,016
Net Assets $57,805,983
Compensation
Key Employees and Officers Compensation Related Other
John Agenbroad (Trustee) $0 $0 $0
Kurt Freeman (Trustee) $0 $0 $0
Patrick Lopresti (Trustee) $0 $1,599 $0
Garry Foreman (Trustee) $0 $0 $0
Marty Hallberg (Trustee) $0 $4,796 $0
Clark Ritchey (Trustee) $0 $0 $0
Eddie Williams (Trustee) $0 $4,796 $0
Denis Fournier (Trustee) $0 $4,892 $0
Duncan Brown (Trustee) $0 $0 $0
George Tedeschi (Chairman) $0 $199,106 $30,228
Robert Lacey (Vice President/Secretary T) $0 $174,232 $21,674
+ View more people

Document Links

990
Filed on May 1, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,672,503
Expenses
$3,546,062
Net Income
$1,126,441
Net Assets
$53,611,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $302,597
6.5%
Investment Income $2,443,834
52.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,632,514
56.3%
Net Inventory Sales $0
Other Revenue -$706,442
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $53,954,266
Total Liabilities $342,595
Net Assets $53,611,671

Document Links

990
Filed on June 18, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,419,253
Expenses
$4,209,924
Net Income
-$2,790,671
Net Assets
$52,295,557
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $325,460
22.9%
Investment Income $1,982,868
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $493,756
34.8%
Net Inventory Sales $0
Other Revenue -$1,382,831
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $52,341,222
Total Liabilities $45,665
Net Assets $52,295,557

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,418,929
Expenses
$3,767,427
Net Income
$1,651,502
Net Assets
$57,108,542
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $385,083
7.1%
Investment Income $2,355,857
43.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $738,695
13.6%
Net Inventory Sales $0
Other Revenue $1,939,294
35.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $57,310,738
Total Liabilities $202,196
Net Assets $57,108,542

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated