2024-08-12T13:02:19-05:00 2023-09-30 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2022-10-01 592462933 BETTER WAY OF MIAMI INC BETT 3056343409 800 NW 28TH STREET MIAMI FL 33127 MICHAEL FESTINGER PRESIDENT/CEO 3056343409 2024-08-12 1 1 HARRY E HARP CPA P00176471 4077405400 2022 2024-08-08 14:25:15Z MICHAEL FESTINGER 800 NW 28TH STREET MIAMI FL 33127 6162382 0 X WWW.BWOM.ORG X 1984 FL TO MAKE ADDICTION SERVICES AVAILABLE, ACCESSIBLE, AND AFFORDABLE TO THOSE WHO NEED THEM. 7 7 92 7 0 0 4989881 5559339 591796 603043 0 0 0 0 5581677 6162382 172396 196020 0 0 2552631 2912036 0 0 0 1734931 2330094 4459958 5438150 1121719 724232 7764807 8444540 669180 624681 7095627 7819859 THE ORGANIZATION'S MISSION IS TO PROVIDE SHELTER, RESIDENTIAL CARE, TREATMENT, HOUSING AND SERVICES, TO INDIGENT, HOMELESS AND ADDICTED PERSONS, THEIR FAMILIES AND SUPPORTERS, IN ORDER TO MAXIMIZE THEIR CHANCES FOR A PRODUCTIVE, HEALTHY AND FULFILLING LIFE IN RECOVERY. 0 0 3236377 309436 BETTER WAY OF MIAMI, INC. PROVIDES THE COMMUNITY WITH BEHAVIOR HEALTH SERVICES THAT ASSIST INDIVIDUALS WITH SUBSTANCE USE DISORDERS AND ADDICTION. DURING THE YEAR, THE ORGANIZATION PROVIDED SERVICES TO 320 CLIENTS. 1463607 196020 293607 BETTER WAY OF MIAMI, INC. OFFERS HOUSING PROGRAMS TO INDIGENT AND HOMELESS PERSONS WITH THE PURPOSES OF RETURNING CLEAN, SOBER, RESPONSIBLE, AND SELF-SUFFICIENT INDIVIDUALS TO SOCIETY. THE FOLLOWING RESIDENTIAL ARRANGEMENTS WERE PROVIDED DURING THE CURRENT YEAR:- BASE RENTAL ASSISTANCE TO 89 CLIENTS- SINGLE ROOM APARTMENTS TO 61 CLIENTS- SINGLE ROOM OCCUPANCY TO 38 CLIENTS- BETTER WAY NORTH & BETTER WAY TO LIVE APARTMENTS TO 8 CLIENTS 4699984 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X SAMUEL GOLDBERG 3056343490 800 NW 28TH STREET MIAMI FL 33127 MICHAEL FESTINGER PRESIDENT/CHIEF EXECUTIVE 40.00 X 130867 0 8559 SAMUEL GOLDBERG CHIEF FINANCIAL OFFICER 40.00 X 83423 0 19834 NANY J CLIFF ESQ CHAIRPERSON 2.00 X X 0 0 0 RICHARD MITCHELL VICE CHAIR 2.00 X X 0 0 0 LINDA WHITEHEAD SECRETARY 2.00 X X 0 0 0 ALEX JENNINGS BOARD MEMBER 2.00 X 0 0 0 AMADOR ODIO BOARD MEMBER 2.00 X 0 0 0 KEVIN C SMITH BOARD MEMBER 2.00 X 0 0 0 MELISSA P ST JOHN CPA BOARD MEMBER 2.00 X 0 0 0 214290 0 28393 2 0 0 0 JAMES BONVISSUTO 1521 ALTON RD 338 MIAMI BEACH FL 33139 HVAC SERVICES 109365 1 3028071 2531268 59953 5559339 CLIENT RENTAL INCOME 623990 517014 517014 OTHER CLIENT REVENUE 624100 86029 86029 603043 6162382 603043 0 0 X 196020 196020 315963 93193 222770 2159322 1477577 681745 41727 25827 15900 204354 126483 77871 190670 120815 69855 23000 23000 710139 653086 57053 357277 245531 111746 395899 92317 303582 32791 29146 3645 80738 72324 8414 216885 216885 FOOD SUPPLIES 174626 268 174358 EQUIPMENT COST 155919 109561 46358 SUPPLIES 144899 27026 117873 MEDICAL AND PHARMACY 37921 35534 2387 1395276 -1395276 5438150 4699984 738166 0 2809986 3554295 514248 613025 252304 93997 45942 13730 49296 67640 4535287 3124449 1442144 1410838 2650887 2691015 7764807 8444540 407386 373051 261794 251630 669180 624681 X 7095627 7819859 7095627 7819859 7764807 8444540 724232 0 X X 0 1 X 1 1 1 X 4047659 4601422 4767455 4989881 5559339 23965756 308901 453477 537902 591796 603403 2495479 4356560 5054899 5305357 5581677 6162742 26461235 0 0 0 26461235 6030 7414 0 13444 6030 7414 13444 150247 150247 4506807 5060929 5312771 5581677 6162742 26624926 0.99390 0.98990 0.00050 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 281000 281000 2515980 1847795 668185 470313 345409 124904 1267994 931245 336749 1410838 CERTIFICATE OF DEPOSIT 890531 C MONEY MARKET 1800484 F 2691015 X 6836880 674498 674498 6162382 0 6162382 6112648 674498 674498 5438150 0 5438150 PART X, LINE 2: BETTER WAY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. 1 RENTAL ASSISTANCE 8 192649 FURNITURE ASSISTANCE 8 3371 PART I, LINE 2: THE FILING ORGANIZATION MONITORS THE USE OF GRANT FUNDS IN ACCORDANCE WITH FUNDING STIPULATIONS AND APPROVED LEASES. X 1 59953 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF INDIVIDUAL CONTRIBUTIONS OF ONE OR MORE ITEMS. FORM 990, PART VI, SECTION B, LINE 11B BETTER WAY'S CFO REVIEWS THE FORM 990 WITH THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, AND THE FINANCE COMMITTEE APPROVES THE FORM 990 PRIOR TO FILING WITH THE IRS. THE BOARD OF DIRECTORS THEN APPROVES THE FORM 990 AS PRESENTED PER THE RECOMMENDATION OF THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PART OF THE BETTER WAY'S BY-LAWS AND IS CONTINUALLY REVIEWED AND MONITORED ANNUALLY. AT ELECTION TIME, DIRECTORS ARE REQUIRED TO REVIEW, SIGN AND ABIDE BY THE ORGANIZATION'S BY-LAWS AND POLICIES. FORM 990, PART VI, SECTION B, LINE 15 PERIODICALLY, EXECUTIVE MANAGEMENT REVIEWS JOB FUNCTIONS AND REQUIREMENTS OF EACH POSITION TO DETERMINE AN APPROPRIATE WAGE OR SALARY RANGE. COMPENSATION IS ALSO BASED ON THE FOLLOWING FACTORS: 1. PREVAILING RATES FOR SIMILAR WORK IN OTHER NON-PROFIT AND COMMERCIAL ORGANIZATIONS; 2. NATIONAL AS WELL AS LOCAL SALARY PATTERNS; 3. APPLICABLE LEGAL REQUIREMENTS; 4. STANDARDS ESTABLISHED BY PROFESSIONAL ORGANIZATIONS, AND; 5. THE FINANCIAL ABILITY OF THE CHC TO COMPENSATE ITS STAFF. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 79,926. MANAGEMENT AND GENERAL EXPENSES 57,053. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,979. AGENCY FEES: PROGRAM SERVICE EXPENSES 573,160. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 573,160. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.