2024-12-02T15:35:55-06:00 2023-12-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2023-01-01 591197040 GULFSTREAM GOODWILL INDUSTRIES INC GULF 5618487200 1715 EAST TIFFANY DRIVE WEST PALM BEACH FL 33407 KAREN DAVIDSON CFO 5618487200 2024-12-02 1 1 PETER C GUBLER P00190185 4077405400 2023 2024-10-15 13:58:12Z KEITH KENNEDY 1715 EAST TIFFANY DRIVE WEST PALM BEACH FL 33407 93084858 0 X WWW.GOGGI.ORG X 1966 FL GULFSTREAM GOODWILL CHANGES LIVES THROUGH HOUSING, TRAINING, EDUCATION AND EMPLOYMENT. 18 18 1190 18 0 0 48121351 49292186 4748248 3467123 -60991 26328 1481704 2691641 54290312 55477278 115510 185147 0 0 28204016 28385669 0 0 567771 29775187 30976295 58094713 59547111 -3804401 -4069833 63348506 56953825 53226262 50819322 10122244 6134503 X GULFSTREAM GOODWILL CHANGES LIVES THROUGH HOUSING, TRAINING, EDUCATION AND EMPLOYMENT. 0 0 30146275 185147 271981 GULFSTREAM GOODWILL OPERATES FOUR HOUSING RESOURCE CENTERS FOR PALM BEACH COUNTY SERVING INDIVIDUALS ON THE WAITLIST AND IN OUR SHELTERS. GULFSTREAM GOODWILL IS THE LARGEST PROVIDER OF SHELTER SERVCES IN THE FIVE TERRITORIES IN WHICH WE OPERATE. WE ARE THE SINGLE POINT OF HOUSING SERVICES IN THE COUNTY BY PROVIDING NAVIGATION TO SERVICES FROM THE PHILIP D LEWIS CENTER WHICH IS A 60-BED FACILITY. WE ALSO OPERATE THE 66-BED HOUSING RESOURCE CENTER IN LAKE WORTH AND TWO SHELTERS, ONE IN BELLE GLADE AND A FAMILY SHELTER IN PAHOKEE. OUR OWNED AFFORDABLE HOUSING INCLUDES HOME ON J STREET, A 17 UNIT COMPLEX AND HOME ON M STREET A 9 UNIT COMPLEX FOR CHRONICALLY HOMELESS INDIVDUALS. OUR HOUSE ON TAMARIND IS A 6 UNIT COMPLEX FOR INDIVIDUALS WITH INTELLECTUAL OR DEVELOPMENTAL DISABILITIES. WE OPERATE 50 SCATTERED SITE APARTMENT FOR THOSE WHO NEED PERMANENT SUPPORTIVE HOUSING. IN 2023, GULFSTREAM GOODWILL SERVED A TOTAL OF 3,935 INDIVIDUALS THROUGH NAVIGATION, SHELTER, AND PERMANENT SUPPORTIVE HOUSING, PROVIDING MORE THAN 70,000 NIGHTS OF SHELTER. 19231246 1873568 PROVIDES JOB TRAINING AND SUPPORTED EMPLOYMENT FOR INDIVIDUALS WITH DISABILITIES WITHIN ONE OF THE TWO SOCIAL ENTERPRISES THAT GULFSTREAM GOODWILL OPERATES. GOOD GRUBS IS A SOCIAL ENTERPRISE WHICH OPENED IN JUNE 2023 TO TRAIN THE CAREER ACADEMY STUDENTS IN A COMMERCIAL KITCHEN SETTING. THE PROGRAM REQUIRES STUDENTS TO PASS THEIR SERVSAFE CERTIFICATION AND LEARN THE CIRRICULA THAT WILL SUPPORT THE STUDENTS AS THEY MOVE INTO COMPETITIVE EMPLOYMENT WITH ONE OF OUR COMMUNITY PARTNERS. GOOD PRINTS IS A SOCIAL PRINT SHOP ENTERPRISE WHICH ALLOWS GGI TO TRAIN INDIVIDUALS IN OUR CAPABILITIES PROGRAM THE VARIOUS JOBS WITHIN A PRINT SHOP WITH AN ON-LINE PRESENCE. THE CIRRICULA INCLUDES WEB DESIGN, CREATIVE DESIGN, SCREEN PRINTING, DTG, DTF, WAREHOUSING, LOGISTICS AND SHIPPING. IN 2023, GULSTREAM GOODWILL AND THE CAREER ACADEMY OF THE PALM BEACHES SERVED MORE THAN 87 PARTICIPANTS AND PLACED 65% OF THE CAREER ACADEMY STUDENTS IN COMPETITIVE EMPLOYMENT AND PROVIDING A MINIMUM WAGE SUPPORTED EMPLOYMENT JOB FOR GULFSTREAM GOODWILL'S CAPAPBILITIES PROGRAM. IN 2023, 147 INDIVIDUALS WERE PLACED AT INTEGRATED COMMUNITY WORKSITES OR EARNED AT PAYCHECK AT GULFSTREAM GOODWILL. 2598817 3614973 GULFSTREAM GOODWILL PROVIDES TRAINING AND JOB OPPORTUNITIES TO INDIVIDUALS WITH BARRIERS THAT ATTEND BOTH OUR CAREER ACADEMY OF THE PALM BEACHES AND OUR ADULT DAY TRAINING PROGRAMS. THE PROGRAM OFFERS JOB TRAINING IN ONE OF GGI'S SOCIAL ENTERPRISES; THE GOOD PRINTS PRINT SHOP AND THE GOOD GRUBS COMMERCIAL KITCHEN. IN 2023, 47 INDIVIDUALS RECEIVED EMPLOYABILITY, SKILL-BUILDING AND TRAINING IN SCREEN PRINTING, DESIGN, INVENTORY AND QUALITY ASSURANCE. 51976338 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 161 0 1 1190 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X KAREN DAVIDSON CFO 5618487200 1715 EAST TIFFANY DRIVE WEST PALM BEACH FL 33407 JOAN MCCABE CHAIR 1.00 2.00 X X 0 0 0 DAN BARSKY VICE CHAIR 1.00 1.00 X X 0 0 0 KATIE COLON TREASURER 1.00 X X 0 0 0 AMY TESTA SECRETARY 1.00 X X 0 0 0 MICHAEL COWAN DIRECTOR 1.00 1.00 X 0 0 0 CARL NICOLA DIRECTOR 1.00 X 0 0 0 CEDRICK THOMAS DIRECTOR 1.00 X 0 0 0 MARK AITKEN DIRECTOR 1.00 1.00 X 0 0 0 LAUREL BAKER DIRECTOR 1.00 X 0 0 0 JOHN BANISTER DIRECTOR 1.00 X 0 0 0 DOUGLAS CAMPBELL DIRECTOR 1.00 1.00 X 0 0 0 ORLANDO CHIANG DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM CORLEY DIRECTOR 1.00 X 0 0 0 DONNA SMOLENS DIRECTOR 1.00 1.00 X 0 0 0 CLIVE STUART-FINDLAY DIRECTOR 1.00 X 0 0 0 DOROTHY TREFTS DIRECTOR 1.00 1.00 X 0 0 0 MARTIN ZIPERN DIRECTOR 1.00 X 0 0 0 RAY ZUCARO DIRECTOR 1.00 X 0 0 0 KEITH KENNEDY PRESIDENT AND CEO 58.00 2.00 X 414220 0 104999 KAREN DAVIDSON CHIEF FINANCIAL OFFICER 58.00 2.00 X 304636 0 65985 KEVIN BENDER CHIEF OPERATING OFFICER 60.00 X 219226 0 15932 KARL TOMECEK VP OF MIS 60.00 X 221656 0 20632 SHANNON MCGHEE VP OF EDUCATION & DEVELOPMENT 60.00 X 135311 0 5720 LAURIE MEYER VP OF HR 60.00 X 157847 0 5971 ERIN KOZLOWSKI VP OF PHILANTHROPY 60.00 X 151895 0 6199 MARY FLACK VP OF MARKETING (END 12/24) 60.00 X 129632 0 5247 LAURA CONTRERA VP OF HUMAN SERVICES (END 12/24) 60.00 X 138626 0 10683 1873049 0 241368 9 1 1 0 RYDER INTEGRATED LOGISTICS PO BOX 209022 DALLAS TX 33178 TRANSPORTATION SERVICES 3526514 CERTIFIED NATIONAL SERVICE LLC 1975 E WESTERN PERSERVE RD POLAND OH 44514 HVAC SERVICES 490107 HAMMOQ INC 3616 W THOMAS RD STE 7 PHOENIX AZ 85019 E-COMMERCE 185930 SYNERGI PARTNERS INC 151 W EVANS ST FLORENCE SC 29501 CONSULTING SERVICES 172391 NABIL KARROUM MD PA 1011 FOREST HILL BLVD RM 369 WELLINGTON FL 33414 CONTRACT LABOR 123000 5 10919123 38373063 37729002 49292186 OTHER PROGRAM REVENUE 624100 1321574 1321574 EMPLOYMENT AND TRAINING 624100 1014998 1014998 ADMINISTRATIVE FEE 561000 718451 718451 PARTICIPANT RENTS 624100 271981 271981 CONTRACTS 624100 140119 140119 3467123 52753 52753 398242 0 398242 398242 398242 622 25803 -622 -25803 -26425 -26425 39871849 37581155 2290694 2290694 GAIN/LOSS ON DISCONTINUED OPERATI 624100 2705 2705 2705 55477278 5760522 0 424570 21350 21350 163797 163797 2114413 636860 1319459 158094 21676671 19472595 2022048 182028 470276 397502 66051 6723 1618545 1368078 227328 23139 2505764 2118001 351940 35823 197801 197801 108990 108990 22750 22750 5178035 5109595 68440 275131 275131 1243286 1005689 232315 5282 10817979 10004341 791693 21945 462393 425864 35300 1229 26603 3202 19646 3755 215805 116174 99631 1294079 1211549 74964 7566 OPERATING LEASE EXPENSE 7552815 6278528 1221890 52397 SUPPLIES 3331357 3331357 STORE DISCOUNT 193696 193696 MISCELLANEOUS 50949 32099 17500 1350 4626 4626 59547111 51976338 7003002 567771 795545 72093 446481 240145 3388509 2547879 2937270 3080719 1808128 1555549 11750704 6634369 7917211 5116335 915173 666829 11444 45140189 43662832 63348506 56953825 5452959 6304852 455320 545028 838823 805799 46479160 43163643 53226262 50819322 X 10092991 6099597 29253 34906 10122244 6134503 63348506 56953825 X -4069833 57571 24521 X X 0 1 X 1 1 1 X 42371376 39896179 46839272 48121351 49292186 226520364 42371376 39896179 46839272 48121351 49292186 226520364 226520364 29128 68594 278493 248537 450997 1075749 1505040 2705 1507745 229103858 26793544 0.98870 0.99010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29253 5653 34906 35818 -6565 29253 31332 4659 173 35818 27791 4375 834 31332 26076 1846 131 27791 1.00000 1 0 1033612 1033612 5586033 2211903 3374130 2000305 1681222 319083 3130754 2741244 389510 5116335 BENEFICIAL INTEREST IN ASSETS COMMUNITY FOUNDATION 34906 OTHER ASSETS 9518 RIGHT-OF-USE ASSET 38085521 DUE FROM AFFILIATES 2999668 OTHER RECEIVABLES 2533219 43662832 RIGHT-OF-USE LEASE LIABILITY 39078577 DUE TO AFFILIATES 3861735 ACCRUED PENSION LIABILITY 223331 43163643 X 93140525 57571 24521 82092 93058433 -37581155 -37581155 55477278 97128266 37581155 37581155 59547111 0 59547111 PART V, LINE 4: COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES HOLDS CERTAIN DONOR-RESTRICTED FUNDS THAT HAVE BEEN LIMITED BY THE DONORS TO BE HELD FOR A SPECIFIED TIME PERIOD. THE ORGANIZATION SEEKS EARNINGS FROM ITS INVESTED ASSETS IN ORDER TO PROVIDE FUNDS IN SUPPORT OF ITS MISSION. THE ORGANIZATION SEEKS BOTH (A) CAPITAL APPRECIATION TO ASSURE ITS BENEFICIARY'S LONG-TERM VIABILITY AND SPECIAL, HIGH-QUALITY SERVICES, AND (B) CURRENT INCOME TO SUPPORT THE ANNUAL OPERATING EXPENSES OF ITS BENEFICIARIES AND THE ORGANIZATION. PART X, LINE 2: GULFSTREAM GOODWILL INDUSTRIES, INC. IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS WITH ITS AFFILIATES. THE CONSOLIDATED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING FOOTNOTE: GOODWILL AND THE ACADEMY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") AND FROM STATE INCOME TAXES UNDER SIMILAR PROVISIONS OF THE STATE OF FLORIDA INCOME TAX CODE. THE ORGANIZATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION, WHICH IS NOT A PRIVATE FOUNDATION UNDER 509(A) OF THE CODE. THE ORGANIZATION DID NOT ENGAGE IN ANY UNRELATED BUSINESS ACTIVITIES DURING THE YEAR ENDED DECEMBER 31, 2023 AND 2022, AND ACCORDINGLY THERE IS NO PROVISION FOR INCOME TAXES REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS STANDARD SEEKS TO REDUCE THE DIVERSITY IN PRACTICE ASSOCIATED WITH CERTAIN ASPECTS OF MEASUREMENT AND RECOGNITION IN ACCOUNTING FOR INCOME TAXES. IT PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION THAT AN ENTITY TAKES OR EXPECTS TO TAKE IN A TAX RETURN. AN ENTITY MAY ONLY RECOGNIZE OR CONTINUE TO RECOGNIZE TAX POSITIONS THAT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD. THE ORGANIZATION ASSESSES THE INCOME TAX POSITIONS BASED ON MANAGEMENT'S EVALUATION OF THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE REPORTING DATE. THE ORGANIZATION USES THE PRESCRIBED MORE-LIKELY-THAN-NOT THRESHOLD WHEN MAKING THEIR ASSESSMENT. AS OF DECEMBER 31, 2023, WITH FEW EXCEPTIONS, THE ORGANIZATION IS LONGER SUBJECT TO INCOME TAX EXAMINATIONS ON ITS FEDERAL INCOME TAX RETURNS PRIOR TO 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 5,679. TRANSFER OF NET ASSETS - WORN NOT WASTED 18,842. PART XI, LINE 4B - OTHER ADJUSTMENTS: FAIR MARKET VALUE OF CONTRIBUTED GOODS ADJUSTMENT -37,581,155. PART XII, LINE 2D - OTHER ADJUSTMENTS: FAIR MARKET VALUE OF CONTRIBUTED GOODS ADJUSTMENT 37,581,155. 1 THE HOMELESS COALITION OF PBC INC 345 S CONGRESS AVE DELRAY BEACH FL 33445 650125852 501(C)(3) 5500 0 SUPPORT HOMELESS SERVICES 2 SCHOLARSHIPS 162868 PART I, LINE 2: THE CLIENT ASSISTANCE FUND IS ONLY USED FOR IN-NEED PARTICIPANTS. AN EMPLOYEE OF THE FILING ORGANIZATION AND/OR A CASE MANAGER SENDS A REQUEST TO THE VICE PRESIDENT OF HUMAN SERVICES DETAILING THE PARTICIPANTS NEEDS. THE VICE PRESIDENT WILL EITHER GRANT OR DENY APPROVAL VIA EMAIL SUBMISSION TO THE ACCOUNTING DEPARTMENT. DURING PROCESSING, COPIES OF THE EMAILS ARE ATTACHED AS BACKUP FOR THE FUNDS DISTRIBUTED. X X X X X 0 0 0 0 0 0 0 0 0 KEITH KENNEDY PRESIDENT AND CEO 368944 0 36050 0 9226 0 80000 0 24999 0 519219 0 0 0 KAREN DAVIDSON CHIEF FINANCIAL OFFICER 257647 0 37763 0 9226 0 51429 0 14556 0 370621 0 0 0 KARL TOMECEK VP OF MIS 184410 0 27038 0 10208 0 0 0 20632 0 242288 0 0 0 KEVIN BENDER CHIEF OPERATING OFFICER 200000 0 10000 0 9226 0 0 0 15932 0 235158 0 0 0 LAURIE MEYER VP OF HR 135385 0 14889 0 7573 0 0 0 5971 0 163818 0 0 0 ERIN KOZLOWSKI VP OF PHILANTHROPY 146154 0 0 0 5741 0 0 0 6199 0 158094 0 0 0 LAURA CONTRERA VP OF HUMAN SERVICES (END 12/24) 117872 0 14420 0 6334 0 0 0 10683 0 149309 0 0 0 MARY FLACK VP OF MARKETING (END 12/24) 115954 0 5665 0 8013 0 0 0 5247 0 134879 0 0 0 X 37729002 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B HOW FORM 990 IS PROVIDED TO BOARD OF DIRECTORS BEFORE FILING: THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AT AN ANNUAL FORM 990 REVIEW MEETING AS PRESENTED BY THE INDEPENDENT AUDITOR. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST MONITORING: ALL OFFICERS, TRUSTEES AND EMPLOYEES ARE PROVIDED WITH A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE POLICY STATES THAT POTENTIAL CONFLICTS SHALL BE DISCLOSED INVOLVING ANY SITUATION OR TRANSACTION IN WHICH THEY ARE INVOLVED AND WHICH IN THEIR OPINION, VIOLATES, MAY VIOLATE, OR COULD APPEAR TO VIOLATE THE INTENT OF THE COMPANY'S CONFLICT OF INTEREST OR ETHICAL POLICY STATEMENT. SUCH DISCLOSURES AND EXCEPTION REQUEST SHALL BE PRESENTED TO THE PRESIDENT FOR A RULING. FORM 990, PART VI, SECTION B, LINE 15 PROCESS OF DETERMINING COMPENSATION OF TOP MANAGEMENT: AN INDEPENDENT COMPENSATION CONSULTANT IS RETAINED ANNUALLY BY THE COMPENSATION COMMITTEE TO REVIEW AND RECOMMEND COMPENSATION AND BENEFITS FOR CEO/PRESIDENT. ADDITIONALLY, THE CONSULTANT MAKES RECOMMENDATIONS TO THE PRESIDENT/CEO FOR OTHER OFFICERS AND KEY EMPLOYEES. PROCESS OF DETERMINING COMPENSATION OF KEY EMPLOYEES: THE PRESIDENT AND VICE PRESIDENT OF GULFSTREAM GOODWILL INDUSTRIES, INC. REVIEW THE SALARY GUIDELINES AND THE ACTUAL SALARIES OF THE OFFICERS IN A QUANTITATIVE ANALYSIS, PREPARED BY THE COMPENSATION CONSULTANT, ACCESSING WAGE INFORMATION MADE AVAILABLE THROUGH HUMAN RESOURCE'S SUBSCRIPTION TO VARIOUS EXTERNAL SOURCES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 5,679. TRANSFER OF NET ASSETS - WORN NOT WASTED 18,842. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. GULFSTREAM GOODWILL ACADEMIES INC 1715 TIFFANY DRIVE E WEST PALM BEACH FL 33407 590498259 CHARTER SCHOOL IN PALM BEACH COUNTY FL 501(C)(3) LINE 2 GULFSTREAM GOODWILL INDUSTRIES INC 1 GULFSTREAM GOODWILL FOUNDATION INC 1715 TIFFANY DRIVE E WEST PALM BEACH FL 33407 874772336 PROVIDING SUPPORT TO GULFSTREAM GOODWILL INDUSTRIES FL 501(C)(3) LINE 7 GULFSTREAM GOODWILL INDUSTRIES INC 1 GGI ABILITY SERVICES INC 1715 TIFFANY DRIVE E WEST PALM BEACH FL 33407 882819556 JOB TRAINING FL 501(C)(3) LINE 7 GULFSTREAM GOODWILL INDUSTRIES INC 1 GGI HUMAN SERVICES INC 1715 TIFFANY DRIVE E WEST PALM BEACH FL 33407 874759147 JOB TRAINING FL 501(C)(3) LINE 7 GULFSTREAM GOODWILL INDUSTRIES INC 1 GGI RETAIL SERVICES INC 1715 TIFFANY DRIVE E WEST PALM BEACH FL 33407 874809600 JOB TRAINING FL 501(C)(3) LINE 10 GULFSTREAM GOODWILL INDUSTRIES INC 1 0 0 1 1 1 0 0 0 0 1 0 1 0 0 1 1 1 1 0 GGI ABILITY SERVICES INC D 2960491 FMV GGI ABILITY SERVICES INC L 200934 COST GGI FOUNDATION INC E 750000 FMV GGI FOUNDATION INC C 59313 FMV