Nonprofit · EIN 92-0480649
REBUILD LOCAL NEWS
Tax-exempt · BROOKLYN, NY 11225
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,460,763 | $2,229,405 | $2,231,358 | $4,954,312 | $128,337 | $4,825,975 |
| December 31, 2024 | 990 | $2,005,348 | $1,383,081 | $622,267 | $2,634,680 | $40,063 | $2,594,617 |
| December 31, 2023 | 990 | $2,577,495 | $755,130 | $1,822,365 | $2,031,980 | $59,630 | $1,972,350 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,414,061
- Membership dues
- $29,813
- Program service revenue
- $0
- Investment income
- $46,702
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $285,815
- Other salaries and wages
- $837,969
- Salaries, compensation and benefits (total)
- $1,332,484
- Professional fundraising fees
- $0
- Legal fees
- $7,946
- Accounting fees
- $50,701
- Travel
- $77,965
- Depreciation
- $2,500
- Program services (functional)
- $1,702,714
- Management and general (functional)
- $259,045
- Fundraising (functional)
- $267,646
Balance sheet and other
- Total assets, start of year
- $2,634,680
- Total assets, end of year
- $4,954,312
- Total liabilities, end of year
- $128,337
- Net assets, end of year
- $4,825,975
- Net assets without donor restrictions
- $1,027,343
- Net assets with donor restrictions
- $3,798,632
- Gross receipts
- $4,460,763
- Employees
- 12
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- DE
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN WALDMAN | PRESIDENT Key employee | 40 | $285,815 |
| JENNA MALLETTE | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $146,553 |
| MATTHEW PEARCE | POLICY DIRECTOR Highest-paid employee | 40 | $106,372 |
| PAULETTE BROWN-HINDS | CHAIR Trustee or director, Officer | 2 | $0 |
| LENNY MENDONCA | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM FREIDLICH | SECRETARY Trustee or director, Officer | 2 | $0 |
| GRACIELA MOCHKOFSKY | BOARD MEMBER Trustee or director | 1 | $0 |
| KANG-XING JIN | BOARD MEMBER Trustee or director | 1 | $0 |
| ANNA LIN MITCHELL | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN WALDMAN | PRESIDENT Key employee | 40 | $260,000 |
| ANNA BRUGMANN | SECRETARY Trustee or director, Officer | 2 | $92,917 |
| PAULETTE BROWN-HINDS | CHAIR Trustee or director, Officer | 2 | $0 |
| LENNY MENDONCA | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM FREIDLICH | BOARD MEMBER Trustee or director | 1 | $0 |
| GRACIELA MOCHKOFSKY | BOARD MEMBER Trustee or director | 1 | $0 |
| JULIE SANDORF | BOARD MEMBER Trustee or director | 1 | $0 |
| KANG-XING JIN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN WALDMAN | PRESIDENT Key employee | 40 | $275,000 |
| ANNA BRUGMANN | SECRETARY AND TREASURER Officer | 40 | $85,000 |
| JOAQUIN ALVARADO | CHAIR Trustee or director, Officer | 2 | $0 |
| PAULETTE BROWN-HINDS | BOARD MEMBER Trustee or director | 1 | $0 |
| JIM FRIEDLICH | BOARD MEMBER Trustee or director | 1 | $0 |
| GRACIELA MOCHKOFSKY | BOARD MEMBER Trustee or director | 1 | $0 |
| JULIE SANDORF | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 535 FLATBUSH AVENUE 326, BROOKLYN, NY 11225-4805
- In care of
- % STEVEN WALDMAN
- Principal officer (990 for 2025)
- STEVEN WALDMAN, 535 FLATBUSH AVENUE 326, BROOKLYN, NY 11225
- Signed the 990
- STEVEN WALDMAN, PRESIDENT
- Phone
- (202) 770-0336
- Website
- REBUILDLOCALNEWS.ORG
- Return prepared by
- TURLINGTON AND COMPANY LLP
Mission
TO ADVANCE PUBLIC POLICIES TO COUNTER THE COLLAPSE OF LOCAL NEWS, REVITALIZE COMMUNITY JOURNALISM, AND STRENGTHEN DEMOCRACY.
Program accomplishments
- TO ADVANCE PUBLIC POLICIES TO COUNTER THE COLLAPSE OF LOCAL NEWS, REVITALIZE COMMUNITY JOURNALISM, AND STRENGTHEN DEMOCRACY.Expenses $1,702,714 · revenue $4,460,763
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 92-0480649
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B05)
- Assets (IRS master file)
- $4,954,312
- Income (IRS master file)
- $4,460,763
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,460,763 | $2,229,405 | $4,954,312 | XML |
| 990 | December 2024 | $2,005,348 | $1,383,081 | $2,634,680 | XML |
| 990 | December 2023 | $2,577,495 | $755,130 | $2,031,980 | XML |
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 92-0480649).
Questions about REBUILD LOCAL NEWS
- What is the EIN of REBUILD LOCAL NEWS?
- The employer identification number (EIN) of REBUILD LOCAL NEWS is 92-0480649.
- Is REBUILD LOCAL NEWS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to REBUILD LOCAL NEWS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REBUILD LOCAL NEWS 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 REBUILD LOCAL NEWS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REBUILD LOCAL NEWS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of REBUILD LOCAL NEWS?
- The 990 for the year ended December 31, 2025 names STEVEN WALDMAN.
- Who are the officers and directors of REBUILD LOCAL NEWS?
- The 990 for the year ended December 31, 2025 lists 9 people; 3 received compensation from the organization, the highest $285,815 (STEVEN WALDMAN, PRESIDENT).
- How much revenue does REBUILD LOCAL NEWS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,460,763, expenses of $2,229,405 and total assets of $4,954,312 at year end.
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