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Nonprofiteer
← GULFSTREAM GOODWILL INDUSTRIES INC

Form 990 for tax year 2022

Filed by GULFSTREAM GOODWILL INDUSTRIES INC.

Totals

Total revenue
$54,290,312
Total expenses
$58,094,713
Contributions and grants received
$48,121,351
Grants paid
$115,510
Program service revenue
$4,748,248
Investment income
-$60,991
Other revenue
$1,481,704
Total assets, end of year
$63,348,506
Total liabilities, end of year
$53,226,262
Net assets or fund balances, end of year
$10,122,244
Program services expenses (Part IX)
$52,377,114
Management and general expenses
$5,460,456
Fundraising expenses
$257,143
Program service expenses (Part III)
$52,377,114

Program services were 90.2% 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.

  • 1e · Government grants (contributions)

    $11,040,496

  • 1f · All other contributions, gifts and grants

    $37,080,855

  • 1g · Noncash contributions included above

    $36,387,908

  • 2a · Program service revenue: CONTRACTS

    total $2,980,076 · related or exempt $2,980,076

  • 2b · Program service revenue: EMPLOYMENT AND TRAINING

    total $888,156 · related or exempt $888,156

  • 2c · Program service revenue: ADMINISTRATIVE FEE

    total $562,596 · related or exempt $562,596

  • 2d · Program service revenue: PARTICIPANT RENTS

    total $244,440 · related or exempt $244,440

  • 2e · Program service revenue: OTHER PROGRAM REVENUE

    total $72,980 · related or exempt $72,980

  • 3 · Investment income

    total $120,142 · excluded $120,142

  • 6a · Gross rents

    real property $309,528

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $309,528

  • 6d · Net rental income or loss

    total $309,528 · excluded $309,528

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

    securities $180,767 · other assets $366

  • 7c · Gain or loss

    securities -$180,767 · other assets -$366

  • 7d · Net gain or loss

    total -$181,133 · excluded -$181,133

  • 10a · Gross sales of inventory

    $38,522,249

  • 10b · Cost of goods sold

    $36,424,207

  • 10c · Net income from sales of inventory

    total $2,098,042 · related or exempt $2,098,042

  • 11a · Other revenue: LOSS ON DISCONTINUED OPERATIONS

    total -$925,866 · related or exempt -$925,866

  • 11e · Other revenue, total

    -$925,866

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $32,700 · program services $32,700

  • 2 · Grants to domestic individuals

    total $82,810 · program services $82,810

  • 5 · Compensation of officers, directors and key employees

    total $2,018,113 · program services $669,570 · management and general $1,223,266 · fundraising $125,277

  • 7 · Other salaries and wages

    total $21,806,855 · program services $20,631,949 · management and general $1,154,348 · fundraising $20,558

  • 8 · Pension plan contributions

    total $357,443 · program services $318,713 · management and general $36,492 · fundraising $2,238

  • 9 · Other employee benefits

    total $1,361,993 · program services $1,214,417 · management and general $139,047 · fundraising $8,529

  • 10 · Payroll taxes

    total $2,659,612 · program services $2,371,435 · management and general $271,523 · fundraising $16,654

  • 11b · Fees: legal

    total $176,301 · management and general $176,301

  • 11c · Fees: accounting

    total $99,051 · management and general $99,051

  • 11g · Fees: other

    total $5,112,896 · program services $4,518,910 · management and general $524,118 · fundraising $69,868

  • 12 · Advertising and promotion

    total $154,532 · program services $154,532

  • 13 · Office expenses

    total $1,040,325 · program services $487,127 · management and general $548,677 · fundraising $4,521

  • 16 · Occupancy

    total $9,816,048 · program services $9,365,084 · management and general $450,964

  • 17 · Travel

    total $707,905 · program services $632,936 · management and general $73,524 · fundraising $1,445

  • 19 · Conferences, conventions and meetings

    total $33,148 · program services $5,909 · management and general $25,688 · fundraising $1,551

  • 20 · Interest

    total $78,950 · program services $21,584 · management and general $57,366

  • 22 · Depreciation, depletion and amortization

    total $1,376,313 · program services $1,163,820 · management and general $212,321 · fundraising $172

  • 24a · Other expenses: OPERATING LEASE EXPENSE

    total $8,040,724 · program services $7,613,291 · management and general $427,433

  • 24b · Other expenses: SUPPLIES

    total $3,064,625 · program services $3,064,625

  • 24c · Other expenses: MISCELLANEOUS

    total $37,100 · management and general $31,200 · fundraising $5,900

  • 24d · Other expenses: STORE DISCOUNT

    total $30,458 · program services $20,891 · management and general $9,137 · fundraising $430

  • 24e · All other expenses

    total $6,811 · program services $6,811

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $221,447 · end of year $795,545

  • 2 · Savings and temporary cash investments

    beginning of year $4,194,960 · end of year $446,481

  • 4 · Accounts receivable

    beginning of year $1,915,508 · end of year $3,388,509

  • 8 · Inventories for sale or use

    beginning of year $2,969,020 · end of year $2,937,270

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,776,645 · end of year $1,808,128

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

    $17,502,524

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

    $9,585,313

  • 10c · Land, buildings and equipment, net

    beginning of year $9,054,256 · end of year $7,917,211

  • 12 · Investments: other securities

    beginning of year $6,567,627 · end of year $915,173

  • 15 · Other assets

    beginning of year $35,819 · end of year $45,140,189

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,097,167 · end of year $5,452,959

  • 19 · Deferred revenue

    beginning of year $7,594,869 · end of year $455,320

  • 23 · Secured mortgages and notes payable

    beginning of year $1,530,227 · end of year $838,823

  • 25 · Other liabilities

    beginning of year $0 · end of year $46,479,160

  • 27 · Net assets without donor restrictions

    beginning of year $13,477,201 · end of year $10,092,991

  • 28 · Net assets with donor restrictions

    beginning of year $35,818 · end of year $29,253

Mission and programs · 2022

Mission

GULFSTREAM GOODWILL CHANGES LIVES THROUGH HOUSING, TRAINING, EDUCATION AND EMPLOYMENT.

  • GULFSTREAM GOODWILL OPERATES FOUR SHELTERS FOR HOMELESS OR FORMERLY HOMELESS INDIVIDUALS AND IS THE LARGEST PROVIDER OF SUCH SERVICES IN PALM BEACH COUNTY. WE OPERATE THE LEWIS CENTER, WHICH IS THE SINGLE POINT OF ACCESS FOR ALL RESIDENTIAL HOMELESS PROGRAMS IN THE COUNTY. WE ALSO OPERATE TWO SHELTERS IN PAHOKEE AND BELLE GLADE, AS WELL AS A 120-BED SHELTER IN WEST PALM BEACH. OUR HOME ON TAMARIND PROGRAM HOUSES HOMELESS WITH DEVELOPMENTAL DISABILITIES WHILE OUR HOME AT J STREET PROGRAM HOUSES THE CHRONICALLY HOMELESS. IN 2022, GULFSTREAM GOODWILL SERVED A TOTAL OF 6146 INDIVIDUALS THROUGH NAVIGATION, SHELTER, AND PERMANENT SUPPORTIVE HOUSING. 2274 OF THOSE SERVED WERE THROUGH THE NAVIGATION OF THE HOMELESS SYSTEM IN PALM BEACH COUNTY.

    Expenses $30,378,726 · Grants $115,510 · Revenue $244,440

  • COMMUNITY CONTRACTS - JOB TRAINING AND SUPPORTED EMPLOYMENT FOR INDIVIDUALS WITH DISABILITIES AT INTEGRATED COMMUNITY SITES SUCH AS I-95 REST AREAS, OKEECHOBEE WATERWAYS, FDOT/FHP, FEDERAL COURTHOUSE, AND DISTRIBUTION CENTERS. STATE AND FEDERAL AGENCIES PROVIDE EMPLOYMENT FOR PERSONS WITH DISABILITIES. EXPENSES INCLUDE PARTICIPANT WAGES, TRAINER'S WAGES, AND PROGRAM-RELATED EXPENSES I.E. EQUIPMENT, CLEANING SUPPLIES, ETC. IN 2022, GULFSTREAM GOODWILL SERVED A TOTAL OF 50 INDIVIDUALS.

    Expenses $13,094,278 · Revenue $2,980,076

  • EMPLOYMENT RELATED PROGRAMS - INCLUDES ADULT DAY TRAINING, SUPPORTED EMPLOYMENT, AND RESIDENTIAL EMPLOYMENT SERVICES. TRAINING, ASSESSMENT, AND EMPLOYMENT-RELATED SERVICES ARE PROVIDED TO INDIVIDUALS WITH DISABILITIES, THOSE RETURNING FROM INCARCERATION, AND THE HOMELESS. IN 2022, A TOTAL OF 222 INDIVIDUALS WERE PLACED AT INTEGRATED COMMUNITY WORK SITES.

    Expenses $6,285,254 · Revenue $1,450,752

  • ADULT DAY PROGRAMS: ADULT DAY TRAINING FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. PROVIDES SERVICES THAT ADDRESS TRAINING WHICH INCLUDES, BUT IS NOT LIMITED TO, INDEPENDENT LIVING, SOCIAL SKILLS, ACTIVITIES OF DAILY LIVING, AND EMPLOYABILITY SKILLS. (116 SERVED)YOUTH DEVELOPMENT PROGRAMS, GENERAL/OTHER - YOUTH SERVICES: A YOUTH REENTRY PROGRAM IS FACILITATED FOR FORMERLY INCARCERATED YOUTH. YOUTH ARE ASSIGNED A MASTER'S LEVEL COUNSELOR AND ARE ASSISTED IN ENROLLING IN SCHOOL, OBTAINING EMPLOYMENT, RECEIVING COUNSELING, AND COMPLETING COMMUNITY SERVICE. AN INTENSIVE HOME DETENTION PROGRAM IS FACILITATED AS AN ALTERNATIVE TO PLACEMENT IN DETENTION FOR YOUTH WHO ARE ARRESTED. A YOUTH MENTORING PROGRAM IS FACILITATED FOR AT-RISK YOUTH BETWEEN THE AGES OF 13-22. (324 SERVED)ADULT RE-ENTRY PROGRAM: PROVIDES FORMERLY INCARCERATED ADULTS RETURNING TO THE COMMUNITY WITH A MASTER'S LEVEL COUNSELOR/CASE MANAGER AND EMPLOYMENT SERVICES. SERVICES AND REFERRALS OFFERED INCLUDE, BUT ARE NOT LIMITED TO, ASSESSMENT, TRANSITIONAL HOUSING, ONE-ON-ONE COUNSELING, EMPOWERMENT GROUPS, FAMILY REUNIFICATION, SUBSTANCE ABUSE TREATMENT AND/OR COUNSELING, APPLICATIONS FOR COMMUNITY ASSISTANCE, OBTAINING IDENTIFICATION, AND ASSISTANCE WITH EMPLOYMENT. (71 SERVED)YOUTH ACADEMIC AND VOCATIONAL TRAINING: ACADEMIC AND VOCATIONAL TRAINING IS PROVIDED THROUGH OUR CHARTER SCHOOL FOR INDIVIDUALS WITH DISABILITIES.

    Expenses $2,618,856 · Revenue $1,245,156

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Joan McCabe

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Dan Barsky

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Katie Colon

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Amy Testa

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Laura Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Banister

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Orlando Chiang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • William Corley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Cowan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Anita Ford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Juliza Kramer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Eddie K Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carl J Nicola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Donna Smolens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Clive Stuart-Findlay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cedric Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dorothy Trefts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Martin Zipern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keith Kennedy

    PRESIDENT AND CEO

    Total calculated
    $562,082
    From this org
    $457,083
    From related orgs
    $0
    Other
    $104,999
    Hours/week
    58 + 2 related

    Schedule J breakdown matched by us

    Base
    $358,238
    Bonus
    $90,051
    Other
    $8,794
    Deferred
    $80,000
    Nontaxable benefits
    $24,999
    Filer's total
    $562,082

  • Karen Davidson

    CHIEF FINANCIAL OFFICER

    Total calculated
    $403,191
    From this org
    $334,782
    From related orgs
    $0
    Other
    $68,409
    Hours/week
    58 + 2 related

    Schedule J breakdown matched by us

    Base
    $235,681
    Bonus
    $90,307
    Other
    $8,794
    Deferred
    $52,429
    Nontaxable benefits
    $15,980
    Filer's total
    $403,191

  • Kevin Bender

    CHIEF OPERATING OFFICER

    Total calculated
    $236,474
    From this org
    $223,786
    From related orgs
    $0
    Other
    $12,688
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $180,705
    Bonus
    $34,051
    Other
    $9,030
    Deferred
    $0
    Nontaxable benefits
    $12,688
    Filer's total
    $236,474

  • Karl Tomecek

    VICE PRESIDENT

    Total calculated
    $234,443
    From this org
    $221,354
    From related orgs
    $0
    Other
    $13,089
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $178,816
    Bonus
    $33,056
    Other
    $9,482
    Deferred
    $0
    Nontaxable benefits
    $13,089
    Filer's total
    $234,443

  • Mary Flack

    VICE PRESIDENT

    Total calculated
    $148,004
    From this org
    $142,188
    From related orgs
    $0
    Other
    $5,816
    Hours/week
    60

  • Laura Contrera

    VICE PRESIDENT

    Total calculated
    $191,978
    From this org
    $179,250
    From related orgs
    $0
    Other
    $12,728
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $143,295
    Bonus
    $28,051
    Other
    $7,904
    Deferred
    $0
    Nontaxable benefits
    $12,728
    Filer's total
    $191,978

  • Shannon McGhee

    VICE PRESIDENT

    Total calculated
    $117,660
    From this org
    $115,708
    From related orgs
    $0
    Other
    $1,952
    Hours/week
    60

  • Domenick Macri

    VICE PRESIDENT (END 12/22)

    Total calculated
    $125,278
    From this org
    $120,737
    From related orgs
    $0
    Other
    $4,541
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $115,692
    Bonus
    $54
    Other
    $4,991
    Deferred
    $0
    Nontaxable benefits
    $4,541
    Filer's total
    $125,278

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 committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 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

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.

  • GULFSTREAM GOODWILL ACADEMIES INC

    501(C)(3) · CHARTER SCHOOL IN PALM BEACH COUNTY · FL · controlled entity

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

  • GULFSTREAM GOODWILL FOUNDATION INC

    501(C)(3) · PROVIDING SUPPORT TO GULFSTREAM GOODWILL INDUSTRIES · FL · controlled entity

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

  • GGI ABILITY SERVICES INC

    501(C)(3) · JOB TRAINING · FL · controlled entity

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

  • GGI HUMAN SERVICES INC

    501(C)(3) · JOB TRAINING · FL · controlled entity

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

  • GGI RETAIL SERVICES INC

    501(C)(3) · JOB TRAINING · FL · controlled entity

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • WORN NOT WASTED INC

    C · THRIFT STORE · FL · 100% owned · share of assets $19,236

    Directly controlled by GULFSTREAM GOODWILL INDUSTRIES INC

Provenance

Return type
form_990
Tax year
2022
Filed
22 November 2023
IRS schema version
2022v5.0
Source object
202313269349300106

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