Skip to content
Nonprofiteer
← SWFLCF SUPPORT ORGANIZATION INC

Form 990 for tax year 2023

Filed by SWFLCF SUPPORT ORGANIZATION INC.

Totals

Total revenue
$908,609
Total expenses
$298,484
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$78,500
Investment income
$830,109
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$298,484
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$298,484

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL INCOME

    total $78,500 · related or exempt $78,500

  • 7a · Gross sales of assets other than inventory

    other assets $9,622,258

  • 7b · Less cost or other basis and sales expenses

    other assets $8,792,149

  • 7c · Gain or loss

    other assets $830,109

  • 7d · Net gain or loss

    total $830,109 · excluded $830,109

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $57,229 · program services $57,229

  • 13 · Office expenses

    total $25 · program services $25

  • 20 · Interest

    total $78,333 · program services $78,333

  • 22 · Depreciation, depletion and amortization

    total $162,897 · program services $162,897

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,226 · end of year $0

  • 4 · Accounts receivable

    beginning of year $85,500 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $8,792,149 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $9,500,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$610,125 · end of year $0

Mission and programs · 2023

Mission

TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, OR TO PERFORM THE FUNCTIONS, OR TO CARRY OUT THE PURPOSES AND/OR ACTIVITIES OF SOUTHWEST FLORIDA COMMUNITY FOUNDATION, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION, SO LONG AS THOSE PURPOSES AND/OR ACTIVITIES ARE WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 170(C)(2).

  • TO ACQUIRE AND OPERATE BY PURCHASE, LEASE, OR GIFT REAL OR PERSONAL PROPERTY INTERESTS IN THE FORMER ATLANTIC COAST TRAIN STATION AND SURROUNDING PROPERTY IN THE CITY OF FORT MYERS; REHABILITATE THE PROPERTY; AND CONSTRUCT A 13,160 SQUARE FOOT BUILDING ADJACENT TO THE TRAIN STATION TO HOUSE THE FOUNDATION'S OFFICES AND A COLLABORATORY, A SPACE WHERE COLLABORATIONS ARE CONDUCTED BETWEEN THE FOUNDATION, NONPROFIT ORGANIZATIONS, GOVERNMENT AGENCIES, AND BUSINESSES TO IMPROVE THE LIVES IN SOUTHWEST FLORIDA.

    Expenses $298,484 · Revenue $78,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAWN BELAMARICH

    CHAIR/ PRESIDENT (AS OF 9/5/23)

    Total calculated
    $98,906
    From this org
    $0
    From related orgs
    $90,959
    Other
    $7,947
    Hours/week
    5 + 56 related

  • TERRY MAZANY

    DIRECTOR (THROUGH 7/21/23)

    Total calculated
    $201,626
    From this org
    $0
    From related orgs
    $194,712
    Other
    $6,914
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $194,712 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,885 related
    Nontaxable benefits
    $0 + $1,029 related
    Filer's total
    $0 + $201,626 related

  • JOHN M POLLOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN T GAMBA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARINA NASSIF

    TREASURER

    Total calculated
    $158,147
    From this org
    $0
    From related orgs
    $139,769
    Other
    $18,378
    Hours/week
    5 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,769 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,775 related
    Nontaxable benefits
    $0 + $12,603 related
    Filer's total
    $0 + $158,147 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART III - OTHER ADDITIONAL INFORMATION
THE COMPENSATION AND BENEFIT INFORMATION REPORTED IN PART II OF SCHEDULE J IS MERELY PROVIDED AS PART OF THE REQUIRED RELATED ORGANIZATION DISCLOSURE FOR THE SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC. THE SWFLCF SUPPORT ORGANIZATION INC DOES NOT COMPENSATE ANY OF ITS BOARD MEMBERS OR OFFICERS AND DOES NOT HAVE ANY EMPLOYEES. THE COMPENSATION FOR THE ORGANIZATION'S CEO IS SET AND DETERMINED BY ITS RELATED ORGANIZATION, SOUTHWEST FLORIDA COMMUNITY FOUNDATION INC., USING OR MORE OF THE METHODS ON SCHEDULE J, PART I, LINE 3.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

Provenance

Return type
form_990
Tax year
2023
Filed
5 November 2024
IRS schema version
2023v5.1
Source object
202403169349305015

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.