2024-07-31T07:16:12-05:00 2023-09-30 141918990 TEMPLETON & COMPANY LLP 222 LAKEVIEW AVENUE SUITE 1200 WEST PALM BEACH FL 33401 990 2022-10-01 590883386 THE ARC OF PALM BEACH COUNTY INC ARCO 5618423213 1201 AUSTRALIAN AVENUE RIVIERA BEACH FL 334046635 JOHN PETERS CFO 5618423213 2024-07-31 1 1 WALT MAXWELL P00186333 5617989988 2024-07-31 2022 2024-08-08 14:25:15Z PAMELA PAYNE 1201 AUSTRALIAN AVE RIVIERA BEACH FL 33404 17682813 0 X WWW.ARCPBC.ORG X 1958 FL THE ARC PROMOTES AND PROTECTS THE HUMAN RIGHTS OF PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND ACTIVELY SUPPORTS THEIR FULL INCLUSION AND PARTICIPATION IN THE COMMUNITY THROUGHOUT THEIR LIFETIMES. 8 8 370 231 0 0 7269898 12155040 1661890 4852140 10306 298871 91346 17672 9033440 17323723 0 24554 0 0 6313932 12937618 0 0 952110 2594905 3710991 8908837 16673163 124603 650560 7976053 26117315 2537421 4083648 5438632 22033667 X THE ARC OF PALM BEACH COUNTY ENVISIONS A COMMUNITY WHERE EVERY PERSON FEELS WELCOME, CONNECTED AND ACCEPTED. THE ARC IS CHANGING THE CONVERSATION AROUND DISABILITIES BY DEFYING DEFINITIONS, INSPIRING POSSIBILITIES AND IMPROVING THE LIVES OF THE PEOPLE WE SERVE, THEIRFAMILIES, AND OUR COMMUNITY. IN ORDER TO ACCOMPLISH THIS MISSION, THE ARC OPERATES PROGRAMS THROUGHOUT PALM BEACH COUNTY WHICH DELIVER SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES FROM INFANCY THROUGH ADULTHOOD, AS WELL AS TO FAMILIES IN NEED OF SUPPORT. 0 0 3423489 EARLY INTERVENTION PROGRAMS INCLUDE THE FOLLOWING STEPS:1. FIRST STEP TO SUCCESS PROVIDES IN-HOME SERVICES TO FAMILIES OF CHILDREN BETWEEN BIRTH TO FIVE YEARS OF AGE WHO DEMONSTRATE A MILD DELAY IN CHILD DEVELOPMENT2. HEALTHY STEPS PROVIDES DEVELOPMENTAL SERVICES IN LOCAL PEDIATRICIANS' OFFICES BRINGING FAMILIES AND HEALTH CARE PROVIDERS TOGETHER TO IMPROVE HEALTH, DEVELOPMENT AND EMOTIONAL WELLNESS OF CHILDREN UP TO AGE THREE.3. FORWARD LEAPS PROVIDES SHORT-TERM AND IN-HOME DEVELOPMENTAL SERVICES TO CHILDREN, BIRTH TO AGE 5, WHO HAVE SLIGHT DEVELOPMENTAL DELAYS. TRAINED SPECIALISTS PROVIDE DEVELOPMENTAL INTERVENTIONS IN THE CHILDREN'S HOME OR DAYCARE FOR 6 MONTHS. 3384084 2984345 RESIDENTIAL SERVICES PROVIDES COMMUNITY-BASED HOMES FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. THESE HOMES ARE DESIGNED TO HELP ADULTS OVER THE AGE OF 21 LEARN TO LIVE ON THEIR OWN BY ACQUIRING NEW SKILLS WHICH ENHANCE THEIR QUALITY OF LIFE AND HELP THEM ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE. THE ARC CURRENTLY OPERATES THE FOLLOWING RESIDENCES:1. ELEANOR TRACHTENBERG RESIDENCE (INCLUDING TENZER APARTMENTS)2. PONEY MARTIN RESIDENCE3. SIPPORTA RESIDENCE4. BICKEL RESIDENCE 1931292 POTENTIALS SCHOOL OFFERS A CUTTING-EDGE APPROACH TO EDUCATING CHILDREN FROM PRE-K THROUGH EIGHTH GRADE WHO ARE UNABLE TO WALK AND TALK INDEPENDENTLY. THROUGH ITS INTENSIVE THERAPEUTIC MODEL, POTENTIALS EQUIPS STUDENTS WITH A SOLID FOUNDATION IN COMMUNICATION, MOBILITY, SENSORY NEEDS AND ACADEMICS. 3575973 24554 1867795 3575973 24554 1867795 12314838 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 55 0 370 1 0 0 0 0 0 1 1 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN PETERS CFO 5618423213 1201 AUSTRALIAN AVENUE RIVIERA BEACH FL 33404 KURT GEHRING CHAIR 1.00 X X 0 0 0 DAVID APPLEBAUM TREASURER 1.00 X X 0 0 0 TARA EVANS SECRETARY 1.00 X X 0 0 0 RICHARD GAFF BOARD MEMBER 1.00 X 0 0 0 CAROL HOCHSTAEDT BOARM MEMBER 1.00 X 0 0 0 MELANIE JACOBSON BOARM MEMBER 1.00 X 0 0 0 MICHELLE MARTIN-CARR TRUSTEE 1.00 X 0 0 0 DEBRA RUEDISILI TRUSTEE 1.00 X 0 0 0 RUSSELL GREENE CFO 40.00 X 146935 0 0 ELLEN PERRY MARSHALL COO 40.00 X 144448 0 0 KIMBERLY MCCARTEN FORMER CEO 40.00 X 299039 0 0 590422 0 0 3 1 1 0 0 220433 17423 11167644 749540 12155040 MEDICAID REVENUE 623990 2984345 2984345 PROGRAM SERVICE FEES 623990 1867795 1867795 4852140 298871 298871 376762 17423 359090 17672 17672 17323723 4852140 0 316543 X 24554 24554 359477 279104 67265 13108 10326056 8017320 1932199 376537 1426664 1149447 248079 29138 825421 637292 164681 23448 1723310 350685 1151215 221410 539007 436305 100560 2142 142813 93220 42686 6907 97199 97199 927959 306183 618675 3101 595292 -8466 603263 495 SUPPLIES 697926 559252 98828 39846 MISCELLANEOUS 617580 159230 414092 44258 REPAIRS & MAINTENANCE 340220 147925 191830 465 BAD DEBT EXPENSE 261068 0 261068 0 -2231383 162787 -2585425 191255 16673163 12314838 3406215 952110 314 1614 3797308 2731852 92593 1627617 900396 110861 84867 27100705 5958344 2988961 21142361 85620 529004 7976053 26117315 921738 1793975 740622 393650 119694 680532 755367 1215491 2537421 4083648 X 4452054 20918076 986578 1115591 5438632 22033667 7976053 26117315 X 650560 -439513 16383988 X X 0 1 X 1 0 X 6202985 6430278 8126068 7269898 9623043 37652272 24348 16200 16200 56748 6227333 6446478 8142268 7269898 9623043 37709020 37709020 6965 15896 10890 10306 294410 338467 118391 91346 22133 231870 38279357 8159195 0.98510 0.99260 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 58,912. 2021 AMOUNT: $ 11,388. 2022 AMOUNT: $ 4,461. FUNDRAISING EVENTS NET - 2020 AMOUNT: $ 59,479. 2021 AMOUNT: $ 79,958. 2022 AMOUNT: $ 17,672. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 169512 476414 440947 204979 0 24826 4034 28860 28703 -3811 66 24826 27281 1422 28703 26432 849 27281 25145 1287 26432 1.00000 1 0 3520102 3520102 18423642 5698725 12724917 1214465 259619 954846 3942496 3942496 21142361 PENSION BENEFIT GTY SETTLEMENT 759835 LEASE LIABILITIES 455656 1215491 X 19685999 2728136 2728136 16957863 365860 365860 17323723 19035439 2728136 2728136 16307303 365860 365860 16673163 PART IV, LINE 1B: THE ARC OF PALM BEACH COUNTY, INC. SERVES AS CUSTODIAN FOR CLIENT ACCOUNTS. PART V, LINE 4: THE INTENDED USE OF THE ARC'S ENDOWMENT FUND IS TO HOLD, INVEST AND GROW CERTAIN DONATIONS FOR THE FUTURE USE AND BENEFIT OF THE ORGANIZATION. PRINCIPAL CONTRIBUTIONS WILL REMAIN IN THE ENDOWMENT. INCOME GENERATED FROM INVESTMENTS MAY BE USED FOR OPERATIONS AND PROGRAMS. PART X, LINE 2: THE ARC IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT ANALYZES TAX POSITIONS IN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS. BASED ON ITS EVALUATION, MANAGEMENT DID NOT IDENTIFY ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE. INTEREST AND PENALTIES ATTRIBUTABLE TO INCOME TAXES, IF ANY, ARE INCLUDED IN OPERATING EXPENSES. NO SUCH INTEREST OR PENALTIES WERE RECORDED FOR THE YEARS 2023 AND 2022. THE ARC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS PRIOR TO SEPTEMBER 30, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: ALL OTHER CONTRIBUTIONS - PALM BEACH HABILITATION CENTER, INC. 51,968. ALL OTHER CONTRIBUTIONS - SEAGULL INDUSTRIES FOR THE DISABLED, INC 12,592. GOVERNMENT GRANTS - PALM BEACH HABILITATION CENTER INC. 726,313. GOVERNMENT GRANTS - SEAGULL INDUSTRIES FOR THE DISABLED INC. 883,616. MEDICAID REVENUE - PALM BEACH HABILITATION CENTER INC. 953,980. SALES OF INVENTORY, NET OF COGS - PALM BEACH HABILITATION CENTER INC. 99,667. PART XI, LINE 4B - OTHER ADJUSTMENTS: EMPLOYEE RETENTION CREDIT PROFESSIONAL FEES 365,860. PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANTS REPORTED IN PALM BEACH HABILITATION, INC. 35,614. PROGRAM EXPENSES REPORTED IN PALM BEACH HABILITATION CENTER, INC. 1,796,314. PROGRAM EXPENSES REPORTED IN SEAGULL INDUSTRIES FOR THE DISABLED, INC. 896,208. PART XII, LINE 4B - OTHER ADJUSTMENTS: EMPLOYEE RETENTION CREDIT PROFESSIONAL FEES 365,860. GALA 215279 8000 207279 198997 GOLF 80350 1235 79115 36728 2 98556 8188 90368 123365 394185 17423 376762 359090 359090 17672 1 FINANCIAL SUPPORT AND TRAVEL ASSISTANCE 1 24554 FMV FINANCIAL SUPPORT AND TRAVEL ASSISTANCE PART I, LINE 2: THIS ORGANIZATION IS A PASS-THROUGH ENTITY FOR FUNDS GIVEN TO GRANTEES. ONCE FUNDS ARE DISTRIBUTED TO GRANTEES, THERE ARE NO MONITORING PROCEDURES APPLIED. X X X 0 0 0 0 0 0 0 1 0 KIMBERLY MCCARTEN FORMER CEO 299039 0 0 0 0 0 0 0 0 0 299039 0 0 0 PART I, LINE 7 ANNUAL DISCRETIONARY BONUSES APPROVED BY THE BOARD WERE ACCRUED FOR THE CEO AND CFO AT 09/30/2023. FORM 990, PART VI, SECTION B, LINE 11B THE ARC'S FINANCE COMMITTEE, WHICH INCLUDES THE BOARD CHAIR, VICE-CHAIR AND TREASURER, REVIEWS THE FORM 990 IN DETAIL, A COPY OF THE FORM 990 IS THEN SENT TO EACH BOARD MEMBER IN ADVANCE OF THE FULL BOARD MEETING AND IS APPROVED BY THE BOARD PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT ITS ANNUAL MEETING OF TRUSTEES, EACH TRUSTEE ACKNOWLEDGES IN WRITING, RECEIPT OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND DECLARES ANY KNOWN CONFLICTS. BY POLICY, IF A TRUSTEE HAS A CONFLICT WITH ANY ITEM PRESENTED TO THE BOARD, THE TRUSTEE MUST REMOVE HIMSELF OR HERSELF FROM DISCUSSION AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE IS CONVENED TO REVIEW AND SET THE COMPENSATION OF THE CEO AND CFO. THE COMMITTEE CONSISTS OF MEMBERS OF THE BOARD OF DIRECTORS, INCLUDING THE CHAIR AND TREASURER. THE COMMITTEE REVIEWS THE PAST PERFORMANCE OF THE CEO AND CFO TO DETERMINE IF COMPENSATION IS WORTHY OF ADJUSTMENT. THE COMMITTEE ALSO REVIEWS THE FORM 990S OF SIMILAR NOT-FOR-PROFITS' CEO AND CFO COMPENSATION. ANY ADJUSTMENTS IN COMPENSATION ARE PRESENTED TO THE EXECUTIVE COMMITTEE AND BOARD OF TRUSTEES FOR APPROVAL. FOR THE CEO, THE LAST YEAR THE PROCESS WAS UNDERTAKEN WAS 2018. FOR THE CFO, THE LAST YEAR IN WHICH THE PROCESS WAS UNDERTAKEN WAS 2020. THE CEO ALSO SERVED ON THE REVIEW COMMITTEE FOR THE CFO. ALL THESE MEETINGS ARE DOCUMENTED WITH MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT GENERALLY MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UNLESS A SPECIFIC REQUEST FOR THEM IS RECEIVED. THE ORGANIZATION THEN COMPLIES WITH THOSE REQUESTS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL & TECHNICAL SERVICES: PROGRAM SERVICE EXPENSES 350,685. MANAGEMENT AND GENERAL EXPENSES 1,151,215. FUNDRAISING EXPENSES 221,410. TOTAL EXPENSES 1,723,310. FORM 990, PART XI, LINE 9: ADJUSTMENT TO DISCOUNT ON SETTLEMENT WITH PBGC -49,099. FUND BALANCE - PALM BEACH HABILITATION CENTER, INC. -1,219,993. INHERENT CONTRIBUTION - SEAGULL INDUSTRIES FOR THE DISABLED INC. 4,794,249. INHERENT CONTRIBUTION - PALM BEACH HABILITATION CENTER, INC. 12,858,831. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART XI, LINE 9: BEGINNING OCTOBER 1, 2021, AND AGAIN ON JANUARY 1, 2022, THE ARC'S BOARD OF TRUSTEES APPROVED CERTAIN AGREEMENTS TO ACQUIRE THE ASSETS AND ASSUME THE LIABILITIES, ALONG WITH THE PROGRAMS AND OPERATIONS OF SEAGULL INDUSTRIES FOR THE DISABLED, INC. DBA SEAGULL SERVICES (SEAGULL) EFFECTIVE OCTOBER 1, 2021, AND ON JANUARY 1, 2022, THE BOARD OF TRUSTEES APPROVED AN AGREEMENT TO ACQUIRE THE ASSETS AND ASSUME THE LIABILITIES OF THE PALM BEACH HABILITATION CENTER, INC. (PBHC) ALONG WITH PBHC PROGRAMS AND OPERATIONS. THE BOARDS OF BOTH PBHC AND SEAGULL VOTED ON JANUARY 1, 2022, AND OCTOBER 1, 2021, RESPECTIVELY, TO AMEND THEIR RESPECTIVE ARTICLES OF INCORPORATION AND BY-LAWS TO HAVE THE ARC OF PALM BEACH COUNTY, INC. NAMED AS THEIR CORPORATE SOLE MEMBER AND PARENT ORGANIZATION GIVING LEGAL CONTROL, MANAGEMENT AND OPERATIONAL RESPONSIBILITIES TO THE ARC'S BOARD OF TRUSTEES AND EXECUTIVE MANAGEMENT. NO CONSIDERATION WAS PAID BY THE ARC TO CONSUMMATE EITHER TRANSACTION. THE TRANSACTIONS ARE RECOGNIZED UNDER THE ACQUISITION METHOD IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 958-805. SEAGULL INDUSTRIES FOR THE DISABLED INC 3879 BYRON DRIVE RIVIERA BEACH FL 33404 591879968 DEVELOPMENTAL DISABILITY SERVICES FL 501(C)(3) LINE 7 THE ARC OF PALM BEACH COUNTY INC 1 PALM BEACH HABILITATION CENTER INC 4522 SOUTH CONGRESS AVENUE PALM SPRINGS FL 33461 596213381 VOCATIONAL REHABILITATION & DEVELOPMENTAL DISABILITY SERVICES FL 501(C)(3) LINE 7 THE ARC OF PALM BEACH COUNTY INC 1 HOUSING CORPORATION OF THE PALM BEACH COUNTY ARC INC 1201 AUSTRALIAN AVENUE RIVIERA BEACH FL 33404 592201240 PROVIDES LOW-INCOME HOUSING FL 501(C)(3) LINE 7 THE ARC OF PALM BEACH COUNTY INC 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 PALM BEACH HABILITATION CENTER INC S 4343566 NET BOOK VALUE SEAGULL INDUSTRIES FOR THE DISABLED INC S 4772153 NET BOOK VALUE