2024-03-19T15:36:31-05:00 2023-10-31 930900579 MCDONALD JACOBS PC 121 SW SALMON ST STE 1100 PORTLAND OR 97204 990 2022-11-01 931268744 GALT FOUNDATION GALT 5033611277 2405 FRONT ST NE 220 SALEM OR 97301 DENISE EVANS BOARD PRESIDENT 5033611277 2024-03-19 1 DENISE EVANS 999009999 0 SANG AHN P00540880 5032270581 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELSA LEMOINE 2405 FRONT ST NE 220 SALEM OR 97301 18934152 0 X GALTFOUNDATION.ORG X 1998 OR THE MISSION OF GALT FOUNDATION IS TO PROVIDE, PROMOTE, AND EXPAND EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES AND OTHER VOCATIONAL BARRIERS TO EMPLOYMENT.THE OBJECTIVE IS TO WORK TOWARD A DIVERSE AND INCLUSIVE EMPLOYMENT COMMUNITY THAT LEADS TO SELF-SUFFICIENCY AND DECREASES RELIANCE ON TAX SUPPORTED PROGRAMS AND SERVICES. 7 0 1930 0 0 0 0 0 21999510 16790485 573340 256891 45420 105753 22618270 17153129 0 0 0 0 20805545 15934031 0 0 0 2383607 2114922 23189152 18048953 -570882 -895824 13721509 11993149 3292322 1818783 10429187 10174366 X SEE SCHEDULE OTHE MISSION OF GALT FOUNDATION IS TO PROVIDE, PROMOTE, AND EXPAND EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES AND OTHER VOCATIONAL BARRIERS TO EMPLOYMENT. THE OBJECTIVE IS TO WORK TOWARD A DIVERSE AND INCLUSIVE EMPLOYMENT COMMUNITY THAT LEADS TO SELF-SUFFICIENCY AND DECREASES RELIANCE ON TAX SUPPORTED PROGRAMS AND SERVICES. 0 0 17121364 16790485 GALT FOUNDATION IS A NON-PROFIT STAFFING SERVICE THAT PROVIDES EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES AND OTHER VOCATIONAL DISADVANTAGES. GALT FOUNDATION IS CERTIFIED AS A QUALIFIED REHABILITATION PROGRAM IN OREGON, A COMMUNITY REHABILITATION PROGRAM IN OKLAHOMA AND PENNSYLVANIA. THESE CERTIFICATIONS QUALIFY GALT FOUNDATION TO CONTRACT WITH LOCAL AND STATE GOVERNMENT ENTITIES TO PROVIDE THEM WITH TEMPORARY STAFF.GALT FOUNDATION PROVIDED EMPLOYMENT FOR 2,381 INDIVIDUALS, WITH 75% OF THEIR RECRUITED EMPLOYEES HAVING A DISABILITY AND A MAJORITY OF THE REMAINDER HAVING ONE OR MORE VOCATIONAL DISADVANTAGES. 17121364 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 1 1930 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR OK OH X ELSA LEMOINE 5033611277 2405 FRONT ST NE 220 SALEM OR 97301 DENISE EVANS CHAIR 5.00 X X 57500 0 0 JOHN KEMP VICE CHAIR 6.00 X X 37500 0 0 JOHN WILLIAMS TREASURER 5.00 X X 47500 0 0 ROHINI ANAND DIRECTOR 2.10 X 45000 0 0 ROBERT STERN SECRETARY 3.00 X X 50000 0 0 ELEANOR ALVAREZ DIRECTOR 3.00 X 35000 0 0 BEN PAPPAS DIRECTOR 5.00 X 60000 0 0 KATHY LONG-HOLLAND DIRECTOR 9.25 X 45000 0 0 ELSA LEMOINE EXECUTIVE DIRECTOR 40.00 X 248030 0 19793 KELLI BATES STAFFING DIRECTOR 40.00 X 149561 0 13388 POLLY COLBY SALES & MARKETING DIRECTOR 40.00 X 173490 0 20787 MICHAEL MCCLAIN OPERATIONS DIRECTOR 40.00 X 150010 0 20701 CLAIRE MALMSTROM HR DIRECTOR 40.00 X 117495 0 7577 TRICIA MILLER PRODUCT OWNER 40.00 X 121962 0 10500 1338048 0 92746 6 1 1 0 0 PROGRAM STAFFING SERVICES 561300 16790485 16790485 16790485 59598 59598 220602 269619 -49017 -49017 -49017 646125 1062572 599529 911875 46596 150697 197293 197293 MISCELLANEOUS INCOME 900099 154770 154770 154770 17153129 16790485 0 362644 406283 403625 2658 13355955 13268592 87363 340422 338195 2227 1831371 1819392 11979 113763 47219 66544 42421 17607 24814 20877 20877 36650 23877 12773 121598 121598 276089 224421 51668 99490 54719 44771 13742 13742 307650 219336 88314 143139 11499 131640 CONTRACT & ADMIN FEES 498466 498466 BOARD EXP & MEETINGS 168093 168093 APPLICANT RECRUITING 39173 39173 SALES EXP & TRAINING 29560 29560 204211 4085 200126 18048953 17121364 927589 0 2506773 2977892 2874850 1963444 138550 217908 4819357 1806960 4344812 3012397 3732554 3710924 45097 31845 78873 78739 13721509 11993149 1954657 532892 1329957 1285891 7708 0 3292322 1818783 X 10429187 10174366 10429187 10174366 13721509 11993149 X -895824 -106947 747950 X X 0 1 X 1 0 X 5225028 5225028 33526114 32680608 31331055 21999510 16790485 136327772 163312 46335 94258 120825 154770 579500 33689426 32726943 36650341 22120335 16945255 142132300 0 13973229 7909339 21882568 13973229 7909339 21882568 120249732 297035 239326 220545 258581 280200 1295687 297035 239326 220545 258581 280200 1295687 33986461 32966269 36870886 22378916 17225455 143427987 0.83840 0.90400 0.00900 0.00650 X 18028076 18028076 1000000 250000 0 0 1000000 1000000 1000000 3000000 4500000 16000 6000 22000 250000 250000 250000 750000 1125000 618680 618680 3165607 1155521 2010086 30297 30297 0 36447 31431 5016 968326 589711 378615 3012397 X 18042874 -106947 747950 641003 17401871 20877 -269619 -248742 17153129 18297695 269619 269619 18028076 20877 20877 18048953 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT TO RETIREMENT PLAN 747,950. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON THE REVENUE PAGE -269,619. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON THE REVENUE PAGE 269,619. X X X X X X 0 0 0 0 0 0 0 0 0 ELSA LEMOINE EXECUTIVE DIRECTOR 248030 0 0 0 0 0 0 0 19793 0 267823 0 0 0 POLLY COLBY SALES & MARKETING DIRECTOR 173490 0 0 0 0 0 0 0 20787 0 194277 0 0 0 MICHAEL MCCLAIN OPERATIONS DIRECTOR 150010 0 0 0 0 0 0 0 20701 0 170711 0 0 0 KELLI BATES STAFFING DIRECTOR 149561 0 0 0 0 0 0 0 13388 0 162949 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED COPY OF THE ANNUAL FORM 990 AND ALL RELATED SCHEDULES SHALL BE PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS. THE BOARD SHALL REVIEW THESE DOCUMENTS AND INDICATE APPROVAL OF FILING EITHER THROUGH A VOTE AT A FORMAL BOARD MEETING OR IN WRITING VIA PAPER OR ELECTRONIC DOCUMENTATION. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY REQUIRES THAT A CONFLICT OF INTEREST QUESTIONNAIRE BE COMPLETED ANNUALLY BY BOARD MEMBERS, OFFICERS AND EXECUTIVES AND THAT THESE INDIVIDUALS ALSO SIGN OFF ON A PLEDGE OF PERSONAL COMMITMENT TO ADHERE TO THE POLICY. WHEN A COVERED PERSON BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE HAS A DUTY TO TAKE THE FOLLOWING ACTIONS: A) IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE FOUNDATION'S BOARD IN WRITING; B) REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE FOUNDATION TO ENTER INTO THE COVERED TRANSACTION; C) PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION EXCEPT TO ANSWER QUESTIONS, INCLUDING BOARD DISCUSSIONS AND DECISIONS ON THE SUBJECT. FORM 990, PART VI, SECTION B, LINE 15 A) THE BOARD SHALL ESTABLISH A COMPENSATION PACKAGE FOR THE CEO AND SHALL REVIEW AND APPROVE ALL REQUESTS FOR COMPENSATION INCREASES. COMPENSATION DECISIONS SHALL BE BASED ON THE REVIEW OF COMPARABLE DATA (I.E. COMPENSATION PACKAGES FROM AGENCIES OF SIMILAR SIZE, REVENUE, AND MISSION), EXPERIENCE AND DEGREE OF INDIVIDUAL UNDER CONSIDERATION, AND, IN CASE OF COMPENSATION INCREASES, THE ACTUAL JOB PERFORMANCE OF THE EMPLOYEE BEING CONSIDERED AND AGENCY GOALS ATTAINED. INFORMATION USED TO FORMULATE COMPENSATION DECISIONS AND THE DELIBERATION PROCESS SHALL BE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING(S). B) THE BOARD SHALL ESTABLISH A COMPENSATION PACKAGE FOR THE OFFICERS AND KEY EMPLOYEES, AND SHALL REVIEW AND APPROVE ALL REQUESTS FOR COMPENSATION INCREASES. COMPENSATION DECISIONS SHALL BE BASED ON THE REVIEW OF COMPARABLE DATA (I.E. COMPENSATION PACKAGES FROM AGENCIES OF SIMILAR SIZE, REVENUE, AND MISSION), EXPERIENCE AND DEGREE OF INDIVIDUAL UNDER CONSIDERATION, AND, IN CASE OF COMPENSATION INCREASES, THE ACTUAL JOB PERFORMANCE OF THE EMPLOYEE BEING CONSIDERED AND AGENCY GOALS ATTAINED. INFORMATION USED TO FORMULATE COMPENSATION DECISIONS AND THE DELIBERATION PROCESS SHALL BE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING(S). FORM 990, PART VI, SECTION C, LINE 19 GALT FOUNDATION REVIEWS REQUESTS FOR INFORMATION ON GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS, BEYOND THE INFORMATION CONTAINED IN PUBLIC IRS DOCUMENTS, ON A CASE BY CASE BASIS. FORM 990, PART XI, LINE 9: ADJUSTMENT TO RETIREMENT PLAN 747,950. PART XII, LINE 2C THE PROCESS FOR FINANCIAL OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR.