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Nonprofiteer
← SUNCOAST CREDIT UNION FOUNDATION

Form 990 for tax year 2022

Filed by SUNCOAST CREDIT UNION FOUNDATION.

Totals

Total revenue
$5,210,276
Total expenses
$4,314,398
Contributions and grants received
$5,071,152
Grants paid
$4,292,713
Program service revenue
$0
Investment income
$139,124
Other revenue
$0
Total assets, end of year
$9,626,810
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$9,626,810
Program services expenses (Part IX)
$4,292,713
Management and general expenses
$21,685
Fundraising expenses
$0
Program service expenses (Part III)
$4,292,713

Program services were 99.5% 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

    $5,071,152

  • 3 · Investment income

    total $124,400 · excluded $124,400

  • 7a · Gross sales of assets other than inventory

    securities $3,229,907

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

    securities $3,215,183

  • 7c · Gain or loss

    securities $14,724

  • 7d · Net gain or loss

    total $14,724 · excluded $14,724

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,292,713 · program services $4,292,713

  • 11f · Fees: investment management

    total $19,771 · management and general $19,771

  • 24a · Other expenses: FOREIGN TAXES PAID

    total $1,914 · management and general $1,914

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,436,653 · end of year $5,049,176

  • 11 · Investments: publicly traded securities

    beginning of year $4,917,184 · end of year $4,402,634

  • 14 · Intangible assets

    end of year $175,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $22,900 · end of year $0

  • 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 $9,330,937 · end of year $9,626,810

Mission and programs · 2022

Mission

TO PROMOTE THE EDUCATION, HEALTH, AND EMOTIONAL WELL BEING OF CHILDREN IN OUR COMMUNITIES THROUGH SCHOLARSHIPS AND CONTRIBUTIONS TO PUBLIC SCHOOLS, MEDICAL RESEARCH AND DEVELOPMENT, FAMILY SUPPORT ORGANIZATIONS, AND OTHER CHARITABLE PROGRAMS OF DIRECT BENEFIT TO CHILDREN.

Activities or mission (Part I)

FUNDRAISING, CHARITABLE CONTRIBUTIONS, AND AWARDING SCHOLARSHIPS.

  • FOUNDATION FOR LEE COUNTY PUBLIC SCHOOLS - THE FOUNDATION'S PARTNERSHIPS WITH THE PRIVATE SECTOR HAVE ALLOWED THEM TO CREATE AND OPERATE PROGRAMS AND INITIATIVES THAT GIVE STUDENTS AND TEACHERS IN LEE COUNTY PUBLIC SCHOOLS THE OPPORTUNITY TO EXCEL. THE FOUNDATION SUPPORTS STUDENTS AND FAMILIES WHO ARE IN FINANCIAL NEED, PROVIDE EDUCATORS RESOURCES FOR AN EFFECTIVE LEARNING ENVIRONMENT, AND REWARD STUDENTS AND EDUCATORS WHO PROVE THEIR EXCELLENCE.

    Expenses $300,500 · Grants $300,500

  • AS PART OF THE REGION'S STRATEGIC SOLUTION TO THE CHILDREN'S MENTAL AND BEHAVIORAL HEALTH EPIDEMIC IN SOUTHWEST FLORIDA, LEE MEMORIAL HEALTH SYSTEM FOUNDATION IS BRINGING IMPROVED ACCESS TO CARE FOR FAMILIES AND PROVIDES A FRAMEWORK TO CONNECT COMMUNITY PARTNERS. THIS IS BEING DONE BY PROVIDING CHILD ADVOCATES, CASE MANAGERS AND CARE NAVIGATORS TO HELP CHILDREN AND FAMILIES ACCESS NEEDED BEHAVIORAL HEALTH SERVICES AND USE THEM MORE EFFECTIVELY AND EFFICIENTLY.

    Expenses $383,513 · Grants $383,513

  • THE HILLSBOROUGH EDUCATION FOUNDATION PROVIDES FUNDING TO HILLSBOROUGH COUNTY SCHOOLS THROUGH GRANTS, SCHOLARSHIPS, TEACHER RECOGNITION, ETC.

    Expenses $298,200 · Grants $298,200

  • VARIOUS DONATIONS

    Expenses $3,310,500 · Grants $3,310,500

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

Listed in Part VII

  • Zamir Ode

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gary Gresham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jounice L Nealy-Brown

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andrea L Falvey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Cindy Helton

    EXECUTIVE DIRECTOR

    Total calculated
    $165,439
    From this org
    $0
    From related orgs
    $139,227
    Other
    $26,212
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $125,598 related
    Bonus
    $0 + $11,757 related
    Other
    $0 + $1,872 related
    Deferred
    $0 + $6,408 related
    Nontaxable benefits
    $0 + $19,804 related
    Filer's total
    $0 + $165,439 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

None.

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
26 October 2023
IRS schema version
2022v5.0
Source object
202313009349300316

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

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