Skip to content
Nonprofiteer
← DR PHILLIPS INC

Form 990 for tax year 2024

Filed by DR PHILLIPS INC.

Totals

Total revenue
$13,134,733
Total expenses
$13,373,165
Contributions and grants received
$0
Grants paid
$9,138,945
Program service revenue
$0
Investment income
$6,950,613
Other revenue
$6,184,120
Total assets, end of year
$230,159,798
Total liabilities, end of year
$2,974,820
Net assets or fund balances, end of year
$227,184,978
Program services expenses (Part IX)
$12,786,026
Management and general expenses
$587,139
Fundraising expenses
$0
Program service expenses (Part III)
$12,786,026

Program services were 95.6% 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.

  • 3 · Investment income

    total $2,818,943 · excluded $2,818,943

  • 6a · Gross rents

    real property $15,019,556

  • 6b · Less rental expenses

    real property $8,930,436

  • 6c · Rental income or loss

    real property $6,089,120

  • 6d · Net rental income or loss

    total $6,089,120 · excluded $6,089,120

  • 7a · Gross sales of assets other than inventory

    securities $19,598,491 · other assets $758,351

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

    securities $16,048,454 · other assets $176,718

  • 7c · Gain or loss

    securities $3,550,037 · other assets $581,633

  • 7d · Net gain or loss

    total $4,131,670 · excluded $4,131,670

  • 11a · Other revenue: SALE OF BURIAL RIGHTS

    total $93,693 · unrelated business $93,693

  • 11b · Other revenue: OTHER INCOME

    total $1,307 · excluded $1,307

  • 11e · Other revenue, total

    $95,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,138,945 · program services $9,138,945

  • 5 · Compensation of officers, directors and key employees

    total $1,225,902 · program services $1,073,695 · management and general $152,207

  • 7 · Other salaries and wages

    total $1,030,512 · program services $931,424 · management and general $99,088

  • 8 · Pension plan contributions

    total $252,935 · program services $223,884 · management and general $29,051

  • 9 · Other employee benefits

    total $428,156 · program services $383,311 · management and general $44,845

  • 10 · Payroll taxes

    total $137,771 · program services $122,428 · management and general $15,343

  • 11b · Fees: legal

    total $14,256 · program services $12,747 · management and general $1,509

  • 11c · Fees: accounting

    total $49,232 · program services $43,749 · management and general $5,483

  • 11f · Fees: investment management

    total $16,220 · program services $14,414 · management and general $1,806

  • 12 · Advertising and promotion

    total $32,733 · program services $31,424 · management and general $1,309

  • 13 · Office expenses

    total $538,911 · program services $490,194 · management and general $48,717

  • 14 · Information technology

    total $252,113 · program services $227,680 · management and general $24,433

  • 16 · Occupancy

    total $100 · program services $89 · management and general $11

  • 17 · Travel

    total $9,955 · program services $9,163 · management and general $792

  • 19 · Conferences, conventions and meetings

    total $11,712 · program services $10,268 · management and general $1,444

  • 20 · Interest

    total $199 · management and general $199

  • 22 · Depreciation, depletion and amortization

    total $8,728 · management and general $8,728

  • 23 · Insurance

    total $67,753 · program services $54,274 · management and general $13,479

  • 24a · Other expenses: CEMETERY

    total $134,072 · management and general $134,072

  • 24b · Other expenses: DUES, LICENSES & SUBSCI

    total $20,560 · program services $18,337 · management and general $2,223

  • 24c · Other expenses: OTHER

    total $2,400 · management and general $2,400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $246,552 · end of year $215,159

  • 2 · Savings and temporary cash investments

    beginning of year $6,864,274 · end of year $4,748,332

  • 4 · Accounts receivable

    beginning of year $56,271 · end of year $50,989

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,675 · end of year $89,589

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

    $162,698,234

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

    $38,432,018

  • 10c · Land, buildings and equipment, net

    beginning of year $124,396,032 · end of year $124,266,216

  • 11 · Investments: publicly traded securities

    beginning of year $99,301,524 · end of year $99,964,013

  • 15 · Other assets

    beginning of year $624,572 · end of year $825,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,943,207 · end of year $1,807,872

  • 25 · Other liabilities

    beginning of year $1,126,283 · end of year $1,166,948

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $227,423,410 · end of year $227,184,978

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

Withheld by Nonprofiteer: this text may name a private individual.

  • SUPPORT ORGANIZATION FOR NAMED EXEMPT ORGANIZATIONS UNDER IRS 501(C)(3). SEE LIST OF GRANTS IN SCHEDULE A AND SCHEDULE I. IN ADDITION TO CASH CONTRIBUTIONS, THE ORGANIZATION HAS ENTERED INTO COMMERCIAL LEASE ARRANGEMENTS WITH TWO OF ITS PRIMARY SUPPORTED ORGANIZATIONS, THE 4R FOUNDATION, INC. AND THE CENTRAL FLORIDA YMCA, AT NO COST OR BELOW MARKET RENTAL RATES. THE ANNUAL AMOUNT OF THE FREE AND REDUCED RENT PROVIDED TO THE SUPPORTED ORGANIZATIONS IS $948,485.

    Expenses $12,786,026 · Grants $9,138,945

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Kenneth D Robinson

    PRESIDENT/DIRECTOR

    Total calculated
    $703,399
    From this org
    $629,755
    From related orgs
    $875
    Other
    $72,769
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $629,755 + $875 related
    Bonus
    $0
    Other
    $0
    Deferred
    $46,095
    Nontaxable benefits
    $26,674
    Filer's total
    $702,524 + $875 related

  • Todd Burnett

    SECRETARY/ DIRECTOR

    Total calculated
    $3,500
    From this org
    $2,000
    From related orgs
    $1,500
    Other
    $0
    Hours/week
    2

  • John Hillenmeyer

    DIRECTOR

    Total calculated
    $1,500
    From this org
    $875
    From related orgs
    $625
    Other
    $0
    Hours/week
    2

  • Steve Castino

    DIRECTOR

    Total calculated
    $1,750
    From this org
    $1,125
    From related orgs
    $625
    Other
    $0
    Hours/week
    2

  • Terry Prather

    CHAIRMAN/DIRECTOR

    Total calculated
    $3,000
    From this org
    $1,750
    From related orgs
    $1,250
    Other
    $0
    Hours/week
    2

  • Kevin Bolding

    DIRECTOR

    Total calculated
    $374,266
    From this org
    $1,250
    From related orgs
    $342,819
    Other
    $30,197
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $342,405 related
    Bonus
    $1,250
    Other
    $0 + $414 related
    Deferred
    $0 + $27,522 related
    Nontaxable benefits
    $0 + $2,675 related
    Filer's total
    $1,250 + $373,016 related

  • James K Hasson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ed F Furey

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Graciela Noriega Jacoby

    DIRECTOR

    Total calculated
    $282,666
    From this org
    $0
    From related orgs
    $252,253
    Other
    $30,413
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $230,753 related
    Bonus
    $0 + $21,500 related
    Other
    $0
    Deferred
    $0 + $12,613 related
    Nontaxable benefits
    $0 + $17,800 related
    Filer's total
    $0 + $282,666 related

  • Robert Miles

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Em Tukdarian

    TREASURER

    Total calculated
    $396,434
    From this org
    $325,460
    From related orgs
    $0
    Other
    $70,974
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $325,460
    Bonus
    $0
    Other
    $0
    Deferred
    $43,847
    Nontaxable benefits
    $27,127
    Filer's total
    $396,434

  • Katherine Martin

    CHIEF GRANTS OFFICER

    Total calculated
    $180,130
    From this org
    $134,807
    From related orgs
    $0
    Other
    $45,323
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,807
    Bonus
    $0
    Other
    $0
    Deferred
    $20,251
    Nontaxable benefits
    $25,072
    Filer's total
    $180,130

  • Thomas Williams

    CHIEF OPERATING OFFICER

    Total calculated
    $313,871
    From this org
    $229,362
    From related orgs
    $0
    Other
    $84,509
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $229,362
    Bonus
    $0
    Other
    $0
    Deferred
    $45,779
    Nontaxable benefits
    $38,730
    Filer's total
    $313,871

  • Sk Donnelly

    CONTROLLER

    Total calculated
    $234,098
    From this org
    $179,524
    From related orgs
    $0
    Other
    $54,574
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $179,524
    Bonus
    $0
    Other
    $0
    Deferred
    $27,447
    Nontaxable benefits
    $27,127
    Filer's total
    $234,098

  • Iris Segal

    DIRECTOR OF LEASING

    Total calculated
    $190,209
    From this org
    $131,059
    From related orgs
    $0
    Other
    $59,150
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $131,059
    Bonus
    $0
    Other
    $0
    Deferred
    $20,420
    Nontaxable benefits
    $38,730
    Filer's total
    $190,209

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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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)

SCHEDULE J, PART I, LINE 4B:
DR. PHILLIPS, INC. CONTRIBUTED THE FOLLOWING TO THE PRESIDENT'S 457(F) DEFERRED COMPENSATION PLAN: KENNETH D. ROBINSON: $107,311

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Related corporations and trusts

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

  • PHILJOHN INC

    C · RE BROKER · FL · 100% owned · share of income -$196 · share of assets $51,064 · controlled entity

    Directly controlled by DR PHILLIPS INC

Provenance

Return type
form_990
Tax year
2024
Filed
28 January 2026
IRS schema version
2024v5.5
Source object
202620299349301112

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.