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Nonprofiteer
← HEALTH FOUNDATION OF SOUTH FLORIDA INC

Form 990 for tax year 2023

Filed by HEALTH FOUNDATION OF SOUTH FLORIDA INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 4 February 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Listed under a different title

  • Barbara Fonte: SECRETARY then VICE-CHAIRWOMAN
  • Dionne Wong: BOARD MEMBER then SECRETARY
  • J Everett Wilson: BOARD MEMBER then TREASURER
  • Jose Linares: BOARD MEMBER AS OF 01/2023 then BOARD MEMBER
  • Melida Akiti: CHAIRWOMAN UNTIL 12/2023 then BOARD MEMBER
  • Michael De Lucca: VICE CHAIRMAN then CHAIRMAN

Totals

Total revenue
$1,912,554
Total expenses
$1,209,992
Contributions and grants received
$69,500
Grants paid
$0
Program service revenue
$0
Investment income
$1,817,285
Other revenue
$25,769
Total assets, end of year
$26,759,621
Total liabilities, end of year
$2,001,104
Net assets or fund balances, end of year
$24,758,517
Program services expenses (Part IX)
$271,744
Management and general expenses
$938,248
Fundraising expenses
$0
Program service expenses (Part III)
$271,744

Program services were 22.5% 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.

  • 1f · All other contributions, gifts and grants

    $69,500

  • 3 · Investment income

    total $460,132 · excluded $460,132

  • 7a · Gross sales of assets other than inventory

    securities $16,721,900

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

    securities $15,364,747

  • 7c · Gain or loss

    securities $1,357,153

  • 7d · Net gain or loss

    total $1,357,153 · excluded $1,357,153

  • 11a · Other revenue: OTHER INCOME

    total $25,769 · excluded $25,769

  • 11e · Other revenue, total

    $25,769

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $124,085 · program services $116,033 · management and general $8,052

  • 7 · Other salaries and wages

    total $83,391 · program services $70,882 · management and general $12,509

  • 8 · Pension plan contributions

    total $3,311 · program services $2,815 · management and general $496

  • 9 · Other employee benefits

    total $28,395 · program services $24,136 · management and general $4,259

  • 10 · Payroll taxes

    total $12,187 · program services $10,359 · management and general $1,828

  • 11b · Fees: legal

    total $9,892 · program services $6,534 · management and general $3,358

  • 11c · Fees: accounting

    total $10,705 · program services $10,705

  • 11f · Fees: investment management

    total $161,480 · management and general $161,480

  • 11g · Fees: other

    total $103,926 · management and general $103,926

  • 12 · Advertising and promotion

    total $8,123 · management and general $8,123

  • 13 · Office expenses

    total $35,624 · program services $30,280 · management and general $5,344

  • 16 · Occupancy

    total $33,469 · management and general $33,469

  • 17 · Travel

    total $1,579 · management and general $1,579

  • 19 · Conferences, conventions and meetings

    total $129,797 · management and general $129,797

  • 20 · Interest

    total $251,272 · management and general $251,272

  • 22 · Depreciation, depletion and amortization

    total $204,553 · management and general $204,553

  • 23 · Insurance

    total $8,203 · management and general $8,203

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $166,950 · end of year $223,579

  • 2 · Savings and temporary cash investments

    beginning of year $58,566 · end of year $55,966

  • 4 · Accounts receivable

    beginning of year $2,651 · end of year $2,672

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,255,473 · end of year $1,537,187

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

    $509,328

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

    $489,178

  • 10c · Land, buildings and equipment, net

    beginning of year $31,943 · end of year $20,150

  • 11 · Investments: publicly traded securities

    beginning of year $20,422,869 · end of year $21,051,928

  • 15 · Other assets

    beginning of year $7,247,516 · end of year $3,868,139

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,308,476 · end of year $1,646,777

  • 19 · Deferred revenue

    beginning of year $250,000 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $4,550,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $575,710 · end of year $354,327

  • 27 · Net assets without donor restrictions

    beginning of year $22,501,782 · end of year $24,758,517

Mission and programs · 2023

Mission

THE MISSION OF HEALTH FOUNDATION OF SOUTH FLORIDA IS TO INVEST IN AND BE A CATALYST FOR COLLABORATIONS, POLICY AND SYSTEMS CHANGE THAT IMPROVES THE HEALTH OF SOUTH FLORIDA COMMUNITIES, WITH A FOCUS ON VULNERABLE, LOW TO MODERATE-INCOME POPULATIONS.

Activities or mission (Part I)

OUR VISION IS FOR ALL SOUTH FLORIDIANS TO HAVE AN EQUAL OPPORTUNITY TO ACHIEVE OPTIMAL HEALTH AND WELL-BEING.

  • STRATEGIC AND RESPONSIVE GRANTS: THE FOUNDATION'S STRATEGIC GRANT MAKING GOALS INCLUDE: ACCESS TO CARE, INTEGRATION OF HEALTH AND SOCIAL NEEDS AND FOSTERING THRIVING COMMUNITIES. THIS INCLUDES INCREASING ACCESS TO ROUTINE AND PREVENTIVE MEDICAL CARE; REDUCING HEALTH DISPARITIES BY ADVANCING A COLLABORATIVE SYSTEM ACROSS SECTORS THAT ENABLES AND FACILITATES THE INTEGRATION OF SOCIAL NEEDS AND HEALTH CARE; AND IMPROVING THE SOCIAL AND ECONOMIC CONDITIONS THAT PROMOTE PHYSICAL, MENTAL AND EMOTIONAL WELL-BEING. THESE GRANTS CAN INCLUDE FUNDING IN EXCESS OF ONE YEAR.

    Expenses $252,298

  • ADMINISTRATIVE GRANTS: THESE GRANTS SUPPORT SMALLER PROJECTS UP TO $50,000 THAT TYPICALLY LAST ONE YEAR OR LESS. THE PROCESS FOR APPLYING IS LESS FORMAL AND AN ADMINISTRATIVE GRANT MAY ALSO BE AWARDED TO PROVIDE "BRIDGE" FUNDING FOR A RESPONSIVE GRANT, FUND SPECIAL PROJECTS, PLANNING GRANTS, AND SMALL EMERGENCY GRANTS.

    Expenses $9,723

  • OTHER PROGRAMS: THE FOUNDATION SUPPORTS INITIATIVES AND PROGRAMS ALIGNED WITH ITS MISSION AND STRATEGIC GOALS INCLUDING THE SOUTH FLORIDA ANCHOR ALLIANCE, THE BLACK HEALTH SUMMIT COMMUNITY SPONSORSHIPS AND SCHOLARSHIP SUPPORT FOR NURSING AND ALLIED HEALTH PROGRAMS.

    Expenses $9,723

As filed on the 2023 return.

Listed in Part VII

  • Michael De Lucca

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Barbara Fonte

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Nelson Adams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Carol Fine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Caraline Coats

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Ryan Stumphauzer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Gold

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Dionne Wong

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jose Linares

    BOARD MEMBER AS OF 01/2023

    Total calculated
    $0
    Hours/week
    0.5

  • J Everett Wilson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Melida Akiti

    CHAIRWOMAN UNTIL 12/2023

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Ines Hernandez

    BOARD MEMBER UNTIL 2/2023

    Total calculated
    $0
    Hours/week
    0.5

  • Loreen Chant

    PRESIDENT/CEO

    Total calculated
    $351,429
    From this org
    $48,853
    From related orgs
    $276,833
    Other
    $25,743
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $48,853 + $276,833 related
    Bonus
    $0
    Other
    $0
    Deferred
    $3,358 + $22,385 related
    Nontaxable benefits
    $0
    Filer's total
    $52,211 + $299,218 related

  • Alecia Dillon

    CFO

    Total calculated
    $243,598
    From this org
    $33,835
    From related orgs
    $191,733
    Other
    $18,030
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $33,835 + $191,733 related
    Bonus
    $0
    Other
    $0
    Deferred
    $2,352 + $15,678 related
    Nontaxable benefits
    $0
    Filer's total
    $36,187 + $207,411 related

  • Janisse Schoepp

    CSO

    Total calculated
    $240,249
    From this org
    $33,344
    From related orgs
    $188,951
    Other
    $17,954
    Hours/week
    6 + 34 related

    Schedule J breakdown matched by us

    Base
    $33,344 + $188,951 related
    Bonus
    $0
    Other
    $0
    Deferred
    $2,342 + $15,612 related
    Nontaxable benefits
    $0
    Filer's total
    $35,686 + $204,563 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

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349307025

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