2025-05-13T11:23:25-05:00 2024-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2023-07-01 941650529 PRIDE Industries PRID 9167882100 10030 Foothills Boulevard Roseville CA 95747 Charles Sharp CFO 9167882100 2025-05-08 1 1 Qi Wen Liang P01270238 2099556100 2025-05-08 2023 2025-03-06 01:10:19Z Jeffery Dern 10030 Foothills Boulevard Roseville CA 95747 312121926 0 X www.prideindustries.com X 1966 CA To create employment for people with disabilities. 12 12 5854 15 0 0 1072775 1212773 278105985 289281278 654273 416410 0 4944119 279833033 295854580 12418643 11444290 0 0 162709559 166358938 0 0 455728 106353600 116805342 281481802 294608570 -1648769 1246010 160493603 143531237 97708087 79274770 62785516 64256467 X To create employment for people with disabilities. 0 0 245942995 11444290 290472168 See Schedule OPRIDE Industries creates employment for people with disabilities. As a nonprofit social enterprise, our company provides facilities operations and maintenance services, custodial services, contract manufacturing, supply chain management, and packaging and fulfillment services to private and public organizations nationwide. We are the nation's leading employer of people with disabilities and we share our expertise with other organizations aiming to build inclusive workforces. Our tailored employment services include vocational training, on-the-job support, scholarships, and paid internships. In addition to supporting people with disabilities, we also assist veterans, former foster youth, and trafficking survivors.PRIDE Industries holds the maximum 3-year CARF accreditation. This recognizes that we have made a specific commitment to put the needs of our participants at the center of the services we design and deliver, and that we strive to continuously improve efficiency, fiscal health, and service quality and delivery. Our programs for people with disabilities are designed to enhance personal and professional growth as well as increased independence. Each participant's plans is customized to their strengths, abilities, and goals. For the year ending June 30, 2024, PRIDE Industries and its affiliates provided employment and services to more than 4,600 individuals with diverse intellectual, developmental, physical, sensory, or mental health disabilities. Our core program focuses on employment, vocational training, individualized preparation, and placement in supported community employment. As a nonprofit social enterprise, we create jobs within our own business operations and through partnerships with other employers.Over 1,500 individuals with disabilities were employed on various commercial and federal contracts nationwide, providing a wide array of facilities services. In addition to placing more than 600 with community employers in individual or group supported employment. Through our community employment program, PRIDE partners with businesses to build a reliable workforce that adds value to the community and creates meaningful jobs for people with disabilities. PRIDE's services enable people with disabilities to overcome employment barriers and develop the skills they need to lead more independent lives. Funds donated to The Michael Ziegler PRIDE Industries Foundation provide assistive technologies, transportation, internships, training, job coaches, and other essential job accommodations.In FY 2024, PRIDE's Workforce Inclusion and Growth teams launched the inaugural I AM ABLE Disability Job Fair. The event attracted 24 employers and over 600 job seekers with disabilities. Each company conducted interviews with qualified candidates, and all employers received complimentary disability inclusion training to enhance their hiring strategies and foster more inclusive workplace. PRIDE also offered resume reviews and interview support for job seekers, ensuring equal access to employment opportunities for individuals with disabilities.The I AM ABLE Helpline, a free service funded by The Michael Ziegler PRIDE Industries Foundation, assist people with disabilities, military veterans, and foster youth in their employment journeys. In FY 2024, it assisted over 3,000 individuals to find pathways to employment.In FY 2024, The YES! (Youth Employment Service) program enrolled 95 foster youth, placing 26 in jobs, two completed internships, and eight completed work experience. 245942995 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 188 0 1 5854 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT GA HI KS KY LA MD MA MI MN MS NV NH NJ ND OH OK OR RI SC TN TX UT WV X Stephanie Goin 9167882100 10030 Foothills Blvd Roseville CA 957477102 Bob Olsen Chairman of the Board 1.00 3.00 X X 0 0 0 Judson Riggs Vice Chairman of the Board 1.00 1.00 X X 0 0 0 Mike Snegg Board Treasurer 1.00 1.00 X X 0 0 0 Sandy Smoley Board Secretary 1.00 1.00 X X 0 0 0 Jim Barone Board Member (Thru 04/24) 1.00 3.00 X 0 0 0 Ed Bonner Board Member 1.00 1.00 X 0 0 0 Dawn Clayton Board Member 1.00 1.00 X 0 0 0 Dorene Dominguez Board Member (Thru 11/23) 1.00 1.00 X 0 0 0 Rob Lynch Board Member 1.00 1.00 X 0 0 0 Nadder Mirsepassi Board Member 1.00 1.00 X 0 0 0 Ronald J Mittelstaedt Board Member (Thru 07/23) 1.00 1.00 X 0 0 0 Walter Payne Board Member 1.00 1.00 X 0 0 0 Marco Rodriguez Board Member 1.00 1.00 X 0 0 0 H Rao Unnava Board Member 1.00 1.00 X 0 0 0 Larry Welch Board Member 1.00 1.00 X 0 0 0 Jeffery Dern President/CEO 18.00 22.00 X 535899 0 189000 Charles Sharp Chief Financial Officer 18.00 22.00 X 318659 0 60743 Tina Oliveira Chief HR Officer/Corp Sec. 18.00 22.00 X 214937 0 31108 Casey Blake - Chief Operations Officer (Thru 02/23) 18.00 22.00 X 327269 0 3610 Leah Burdick Chief Growth Officer 40.00 0.00 X 278744 0 20263 Donald Nelson VP Government Facility Services 40.00 0.00 X 211915 0 4144 Alan McMillan Chief Information Officer 40.00 0.00 X 210861 0 23350 Timothy Young VP of Talent Management 40.00 0.00 X 224300 0 6075 Jennifer Luebke - Chief Workforce Incl. Officer(Thru 07/23) 40.00 0.00 X 216978 0 14252 Stephanie Goin - VP Accounting & Financial Reporting 40.00 0.00 X 207161 0 13089 Jack Jackman VP of Contracts 40.00 0.00 X 198900 0 2379 Michael Laperche VP Risk Management (Thru 03/24) 40.00 0.00 X 197783 0 28663 3143406 0 396676 108 0 1 0 Solution One Industries Inc 412 North Gray Street Killeen TX 76541 Subcontractor 3536636 Kone Inc 10151 Croydon Way Suite 2 Sacramento CA 95827 Subcontractor 3198584 Johnson Controls Inc PO Box 730068 Dallas TX 75373 Subcontractor 2991770 Aptim Federal Services LLC 1725 Duke Street Alexandria VA 22314 Subcontractor 2321790 Stuart James Construction Inc 2591 Warren Drive Rocklin CA 95677 Subcontractor 1931855 106 X 561294 651479 1212773 Facilities Services 561700 237278460 237278460 Program Fees 624310 28296562 28296562 Management Fee 900099 23568799 23568799 Other 561300 137457 137457 289281278 473979 473979 10776113 215556 10840220 209018 -64107 6538 -57569 -57569 6408998 5218108 1190890 1190890 Insurance Proceeds 900099 3753229 3753229 3753229 295854580 290472168 0 4169639 X 11444290 11444290 2208610 226419 1982191 127524104 105319047 21911445 293612 1263917 1004326 252086 7505 25266987 23317708 1929483 19796 10095320 8535799 1535693 23828 1529650 1529650 260450 260450 162800 162800 56631227 53240516 3388218 2493 445549 143443 265584 36522 5463470 4050549 1402551 10370 6234528 1703865 4503970 26693 2008298 878558 1121178 8562 1406174 940864 462758 2552 40705 28656 11735 314 1729946 1350171 374894 4881 3446659 2384741 1059331 2587 3036637 336766 2698707 1164 Direct Materials 23803561 23803561 Workers Compensation 4677257 2781285 1895301 671 Vehicle Expense 3522677 3463998 58513 166 Employee Recruiting & T 1998912 810998 1176946 10968 406842 177435 226363 3044 294608570 245942995 48209847 455728 369996 11204377 31356 32665 41471010 32849687 173241 183151 3845781 1748381 45249708 26167347 17020222 19082361 8593468 10611991 323521 379098 7107282 6918863 81557726 60520663 160493603 143531237 44182462 43533636 710188 390125 46579393 29506748 6236044 5844261 97708087 79274770 X 62785516 64256467 62785516 64256467 160493603 143531237 1246010 224941 0 X 0 1 X 1 1 1 X 201627990 222531367 220249380 222668953 238439164 1105516854 30868490 36256131 57669978 56509807 58463885 239768291 232496480 258787498 277919358 279178760 296903049 1345285145 39281 12152391 207144 73689 233619 12706124 12724659 15979266 14035091 13315658 12104448 68159122 12763940 28131657 14242235 13389347 12338067 80865246 1264419899 353795 14473 34746 110957 473979 987950 353795 14473 34746 110957 473979 987950 3753229 3753229 232850275 258801971 277954104 279289717 301130257 1350026324 0.93660 0.93510 0.00070 0.00060 X Schedule A, Part III, Line 12, Explanation of Other Income: Insurance Proceeds - 2023 Amount: $ 3,753,229. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 162800 0 0 162800 0 Part II-B, Line 1: The organization paid two firms to lobby, educate, and inform on their behalf for legislation that directly affects the business and exempt purpose of the Company and its affiliates. 323521 15000 43930 3353 379098 333039 15000 -21477 3041 323521 290828 31600 13875 3264 333039 206505 700 86074 2451 290828 213553 16000 -20876 2173 206504 1.00000 0.00000 0.00000 1 0 2306853 2306853 15469671 2989672 12479999 677341 613431 63910 24377106 20198362 4178744 2418737 2365882 52855 19082361 Restricted Cash 3265219 Deferred Compensation Investment 1400351 Deposits 426670 Related Organization Receivables 47866420 Other Assets 2905586 Operating Lease ROU Assets, Net 831017 Financed lease ROU Assets, Net 3825400 60520663 Deferred Compensation 457 Plan 1400351 Operating Lease Obligation 879036 Financed Lease Obligation 3562327 Deferred Rent 2547 5844261 X Part V, Line 4: PRIDE intends to use the funds held within the endowment fund to advance its mission of creating employment opportunity for people with disabilities. Part X, Line 2: In the event the Company had a tax position that was uncertain of being sustained, the Company would apply the minimum probability threshold specified in accounting guidance on income tax accounting to determine whether a financial statement liability or benefit should be recognized. There were no uncertain tax positions at June 30, 2024 and 2023. 1 PRIDE Industries One Inc 10030 Foothills Boulevard Roseville CA 95747 911827109 501(c)3 11373790 0 General Support Greater Sacramento Economic Council 400 Capitol Mall 2520 Sacramento CA 95814 465517841 501(c)3 62500 0 General Support 2 0 Part I, Line 2: During fiscal year 2024, PRIDE Industries made a grant to PRIDE Industries One, Inc. for general support, which was approved by the Finance Committee. Since PRIDE and PRIDE Industires One, Inc. are related organizations that share officers and employees, it is not necessary for PRIDE Industries to monitor the use of the grant. Donations to domestic charitable organizations are for general support. No monitoring of the use by the charitable organization is necessary. X 1 1 X X X X 1 1 0 1 0 1 0 1 0 Jeffery Dern President/CEO 497409 0 0 0 38490 0 155750 0 33250 0 724899 0 0 0 Charles Sharp Chief Financial Officer 317141 0 0 0 1518 0 24125 0 36618 0 379402 0 0 0 Casey Blake - Chief Operations Officer (Thru 02/23) 59185 0 0 0 268084 0 0 0 3610 0 330879 0 37884 0 Leah Burdick Chief Growth Officer 277353 0 0 0 1391 0 0 0 20263 0 299007 0 0 0 Tina Oliveira Chief HR Officer/Corp Sec. 211836 0 0 0 3101 0 0 0 31108 0 246045 0 0 0 Alan McMillan Chief Information Officer 203487 0 0 0 7374 0 0 0 23350 0 234211 0 0 0 Jennifer Luebke - Chief Workforce Incl. Officer(Thru 07/23) 128889 0 0 0 88089 0 0 0 14252 0 231230 0 0 0 Timothy Young VP of Talent Management 218178 0 5000 0 1122 0 0 0 6075 0 230375 0 0 0 Michael Laperche VP Risk Management (Thru 03/24) 175632 0 0 0 22151 0 0 0 28663 0 226446 0 0 0 Stephanie Goin - VP Accounting & Financial Reporting 196740 0 10000 0 421 0 0 0 13089 0 220250 0 0 0 Donald Nelson VP Government Facility Services 186629 0 0 0 25286 0 0 0 4144 0 216059 0 0 0 Jack Jackman VP of Contracts 196180 0 0 0 2720 0 0 0 2379 0 201279 0 0 0 Part I, Line 1a The company chartered a plane that was used for travel for business purposes only by PRIDE Industries employees, PRIDE Industries One, Inc. employees and Board Members. Individuals who have traveled on the plane include the President/CEO, Chief Financial Officer, other managing employees and Board Members. This was not included in taxable income. Part I, Line 3 The Board's Compensation Committee retains the ultimate authority over all elements of compensation to ensure that the organizational purposes are appropriately serviced. The Board's Compensation Committee uses credible data sources, third-party compensation consultant review and an objective "arms-length" decision-making process, ensuring the integrity of the executive programs and consistency with the organization's overall mission. Part I, Lines 4a-b Casey Blake received a one-time compensation payment (the contents of which are subject to a confidentiality clause) of $170,400, which is included on Schedule J, Part II, Column B(iii). Jennifer Luebke received a one-time compensation payment (the contents of which are subject to a confidentiality clause) of $87,500 which is included on Schedule J, Part II, Column B(iii). Key executives participate in a 457(f) retirement plan. Plan eligibility is determined upon approval by the Board of Directors of PRIDE Industries. During the calendar year ended December 31, 2023, contributions and distributions for the following key executives are as follows: Jeffery Dern - President/CEO: Contributions: $36,500 Distributions: None Casey Blake - Chief Operations Officer (Termed 02/2023): Contributions: None Distributions: $37,884 Charles Sharp - Chief Financial Officer: Contributions: $20,000 Distributions: None The President/CEO participates in a nonqualified deferred compensation trust as provided for in his employment agreement approved by the Board of Directors. Contributions to the trust are made annually, each December, in an amount equal to 7.5% of the President/CEO's base salary. The trust is distributable upon the earlier of the President/CEO reaching age 65 or has a qualifying termination event. Certain forfeiture provisions exist in the agreement. During the Calendar year ended December 31, 2023, a contribution of $39,750 was made. In 2021, the President/CEO commenced participation in a long-term incentive compensation program. The Board's Compensation Committee annually approves incentive amounts ranging from 0% to 7.5% of the President/CEO's base salary, based on both individual and Company performance. These approved amounts are accrued each year and paid out in a lump sum every five years, contingent upon continued employment. For the Calendar year ended December 31, 2023, the Compensation Committee approved an accrual of $79,500, including a retroactive accrual for the year ended December 31, 2022. Part I, Line 5 Bonuses are discretionary, to reward employees' contributions to the success of the Company. The discretionary bonus pool is dependent on meeting revenue, net surplus, mission and other targets for the Company. The bonuses for the President/CEO and CFO were approved by the Compensation Committee of the Board of Directors of PRIDE Industries. All other bonuses were approved by the President/CEO. Part I, Line 6 See the description for Part I, Line 5. Part I, Line 7 See the description for Part I, Line 5. Form 990, Part VI, Section B, line 11b The accounting department consults with various departments in the compiling of the Form 990. In addition, a nationally recognized CPA firm consults on the preparation and review of the form. The CFO reviews and approves the data and completed form before providing it to the President/CEO and Board members for their review prior to filing. Form 990, Part VI, Section B, line 12c Board members and officers are required to complete an annual disclosure form identifying business interests, employment relationships and property interests, and those of related parties. The President/CEO and Board Chair review the disclosures for potential conflicts of interest and consult legal counsel as necessary. The Board Chair may ask involved individuals to recuse themselves during discussions on any matter related to a potential conflict. No director shall vote on any issue involving a financial or personal conflict of interest, or participate in decisions in matters directly involving related parties. All key employees, including officers, are required to participate in annual training on the organization's Code of Business Ethics, which includes a discussion of conflicts of interest. Training compliance is monitored by electronic acceptance and acknowledgement of the policies within the Company's electronic training platform. Form 990, Part VI, Section B, line 15 Salary surveys of benchmark jobs are used to determine wage ranges of key employees and executives. Market-available wage data, job performance, and current market conditions are used to determine appropriate compensation levels. The company contracts with a leading HR consulting firm to analyze the compensation of certain executives. The Board Compensation Committee of PRIDE Industries reviews surveys from similarly sized nonprofit and for-profit organizations, taking into account relative factors including revenues, employee counts and competitive market position. The Board's Compensation Committee reviews and approves compensation for the President/CEO and CFO. The CFO is excluded from involvement in the process. Form 990, Part VI, Section C, line 19 Audited financial statements, governing documents and conflict of interest policies are made available to the general public upon request. Form 990, Part VIII, Line 11a: During a severe winter storm in 2023, a building owned by the company in Grass Valley, CA suffered a collapsed roof due to heavy snow accumulation which exceeded the building's engineered tolerances. Property insurance coverage provided a cumulative insurance payout totaling $3,753,229. Form 990, Part IX, line 11g Sub Contractor Equipment Rental: Program service expenses 508,589. Management and general expenses 0. Fundraising expenses 0. Total expenses 508,589. Source America Program Fees: Program service expenses 7,493,577. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,493,577. Contract Disposal Services: Program service expenses 413,579. Management and general expenses 3,950. Fundraising expenses 78. Total expenses 417,607. Contract Labor: Program service expenses 416,810. Management and general expenses 18,319. Fundraising expenses 0. Total expenses 435,129. Sub Contractor Materials: Program service expenses 1,823,966. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,823,966. Sub Contractor Expense Reimbursement: Program service expenses 15,344,799. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,344,799. Sub Contractor Expenses: Program service expenses 26,971,291. Management and general expenses 437,620. Fundraising expenses 1,228. Total expenses 27,410,139. Consulting & Professional Fees: Program service expenses 267,905. Management and general expenses 2,928,329. Fundraising expenses 1,187. Total expenses 3,197,421. Social Enterprise Assurance Co LLC 1444 I Street NW Suite 950 Washington DC 20005 812863106 Insurance DC 7598000 14755685 PRIDE Industries PRIDE Industries One Inc 10030 Foothills Blvd Roseville CA 95747 911827109 To create employment for people with disabilities CA 501(c)(3) Line 12a, I PRIDE Industries 1 PRIDE Government 10030 Foothills Blvd Roseville CA 95747 942446765 Helping people with disabilities prepare for employment CA 501(c)(3) Line 10 PRIDE Industries 1 PRIDE Federal 10030 Foothills Boulevard Roseville CA 95747 260226018 Building & landscape maintenance CA Pride Industries C 193777 1.00000 1 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 PRIDE Industries One Inc B 11373790 Book Value PRIDE Industries One Inc L 23567852 Book Value