Nonprofit · EIN 82-2846674
USPS ENDOWMENT FUND INC
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990 | $170,219 | $180,303 | -$10,084 | $2,466,386 | $5,448 | $2,460,938 |
| November 30, 2024 | 990 | $100,084 | $231,893 | -$131,809 | $2,293,065 | $2,576 | $2,290,489 |
| November 30, 2023 | 990 | $165,700 | $184,860 | -$19,160 | $2,135,959 | $1,199 | $2,134,760 |
Financial details: 990 for the year ended November 30, 2025
Revenue
- Contributions, gifts and grants
- $128,615
- Program service revenue
- $0
- Investment income
- $41,604
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $160,727
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,500
- Program services (functional)
- $180,303
Balance sheet and other
- Total assets, start of year
- $2,293,065
- Total assets, end of year
- $2,466,386
- Total liabilities, end of year
- $5,448
- Net assets, end of year
- $2,460,938
- Publicly traded securities
- $2,366,684
- Net assets without donor restrictions
- $553,261
- Net assets with donor restrictions
- $1,907,677
- Gross receipts
- $170,219
- Employees
- 0
- Volunteers
- 13,985
- Year formed
- 2017
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LENA PADRO | HQ DIRECTOR Officer | 10 | $0 | $86,877 |
| ROBERT BALDRIDGE | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| RUTH WITZTUM | VICE-CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| SHIRLEY HEALD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ALLEN LAKIN | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| JOHN MALATAK | TRUSTEE Trustee or director | 10 | $0 | $0 |
| MARY PAIGE ABBOTT | TRUSTEE Trustee or director | 10 | $0 | $0 |
| DIANNE MARSHBURN | TRUSTEE Trustee or director | 10 | $0 | $0 |
| THOMAS DOUGHERTY | TRUSTEE Trustee or director | 10 | $0 | $0 |
| NIGEL HARGREAVES | TRUSTEE Trustee or director | 10 | $0 | $0 |
| NATALIE WITTY | TRUSTEE Trustee or director | 10 | $0 | $0 |
990 for the year ended November 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MAUREEN HEALEY | EXECUTIVE ADMINISTRATOR Officer | 10 | $0 | $84,083 |
| ROBERT BALDRIDGE | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| RUTH WITZTUM | VICE-CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| SHIRLEY HEALD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ALLEN LAKIN | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| JOHN MALATAK | TRUSTEE Trustee or director | 10 | $0 | $0 |
| MARY PAIGE ABBOTT | TRUSTEE Trustee or director | 10 | $0 | $0 |
| DIANNE MARSHBURN | TRUSTEE Trustee or director | 10 | $0 | $0 |
| THOMAS DOUGHERTY | TRUSTEE Trustee or director | 10 | $0 | $0 |
990 for the year ended November 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARY CATHERINE BERUBE | EXECUTIVE ADMINISTRATOR Officer | 10 | $0 | $109,317 | $792 |
| JOHN MALATAK | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 | $0 |
| RUTH WITZTUM | VICE-CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 | $0 |
| THOMAS DOUGHERTY | TRUSTEE Trustee or director | 10 | $0 | $0 | $0 |
| MARY PAIGE ABBOTT | TRUSTEE Trustee or director | 10 | $0 | $0 | $0 |
| FRANK DVORAK | TRUSTEE Trustee or director | 10 | $0 | $0 | $0 |
| WARREN STEVENS | TRUSTEE Trustee or director | 10 | $0 | $0 | $0 |
| ROBERT BALDRIDGE | TRUSTEE Trustee or director | 10 | $0 | $0 | $0 |
| DAVID ALLEN | SECRETARY Officer | 5 | $0 | $0 | $0 |
| SHIRLEY HEALD | TREASURER Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1504 BLUE RIDGE RD, RALEIGH, NC 27607-3906
- Principal officer (990 for 2024)
- ROBERT BALDRIDGE, 1504 BLUE RIDGE ROAD, RALEIGH, NC 27607
- Signed the 990
- ROBERT BALDRIDGE, CHAIRMAN
- Phone
- (888) 367-8777
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
THE UNITED STATES POWER SQUADRONS ENDOWMENT FUND IS ORGANIZED UNDER SECTION 509(A)(3) AND 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 EXCULSIVELY FOR THE SUPPORT OF THE UNITED STATES POWER SQUADRONS, INC. A NORTH CAROLINA CORPORATION ORGANIZED UNDER SECTION 501(C)(3) OF THE CODE.
Program accomplishments
- THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR THE UNITED STATES POWER SQUADRONS, INC. ("USPS"), AND ACTIVITIES IN FURTHERANCE OF THE PURPOSES OF USPS, NAMELY, THE PROMOTION AND IMPROVEMENT OF RECREATIONAL BOATING SAFETY AND EDUCATION. THE CORPORATION WILL SOLICIT, HOLD, AND INVEST FUNDS FOR THE BENEFIT OF USPS TO BE DISBURSED FOR THE GENERAL NEEDS AND SPECIFIC PROJECTS OF USPS.Expenses $180,303 · grants $160,727
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990 on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990 on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990 on file |
IRS record
- EIN
- 82-2846674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- November
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,466,386
- Income (IRS master file)
- $170,219
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | November 2025 | $170,219 | $180,303 | $2,466,386 | XML |
| 990 | November 2024 | $100,084 | $231,893 | $2,293,065 | XML |
| 990 | November 2023 | $165,700 | $184,860 | $2,135,959 | XML |
| 990 | November 2022 | $183,119 | $114,313 | $2,182,424 | IRS |
| 990 | November 2021 | – | – | – | IRS |
| 990 | November 2020 | – | – | – | IRS |
| 990 | November 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2846674).
Questions about USPS ENDOWMENT FUND INC
- What is the EIN of USPS ENDOWMENT FUND INC?
- The employer identification number (EIN) of USPS ENDOWMENT FUND INC is 82-2846674.
- Is USPS ENDOWMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to USPS ENDOWMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does USPS ENDOWMENT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of USPS ENDOWMENT FUND INC due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did USPS ENDOWMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended November 2025.
- Who is the principal officer of USPS ENDOWMENT FUND INC?
- The 990 for the year ended November 30, 2025 names ROBERT BALDRIDGE.
- Who are the officers and directors of USPS ENDOWMENT FUND INC?
- The 990 for the year ended November 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does USPS ENDOWMENT FUND INC have?
- On its 990 for the year ended November 30, 2025 it reported revenue of $170,219, expenses of $180,303 and total assets of $2,466,386 at year end.
Other nonprofits in RALEIGH
- STATE CHARTERED CREDIT UNIONS INC EIN 56-0475645 · last filed 990 for 2025
- WAKEMED EIN 56-6017737 · last filed 990 for 2025
- REX HOSPITAL INC EIN 56-1509260 · last filed 990 for 2025
- NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION EIN 56-0995910 · last filed 990 for 2025
- NORTH CAROLINA INSURANCE EIN 23-7102759 · last filed 990 for 2025
- NC STATE INVESTMENT FUND INC EIN 31-1607634 · last filed 990 for 2025
- NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION EIN 56-1222676 · last filed 990 for 2025
- FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC EIN 56-1283426 · last filed 990 for 2025