Nonprofit · EIN 90-0771464
GOSPEL INC
Tax-exempt · LAKELAND, FL 33802
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,604,489 | $1,048,721 | $2,555,768 | $7,227,978 | $25,098 | $7,202,880 |
| December 31, 2023 | 990 | $1,037,457 | $865,786 | $171,671 | $4,648,925 | $23,554 | $4,625,371 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,281,960
- of which government grants
- $217,518
- Program service revenue
- $148,420
- Investment income
- $176,148
- Net gain from sales of assets
- $145,479
- Net income from fundraising events
- -$7,755
- Other revenue
- -$2,039
Expenses
- Grants and similar amounts paid
- $5,650
- Compensation of officers, directors and key employees
- $196,645
- Other salaries and wages
- $351,874
- Salaries, compensation and benefits (total)
- $608,100
- Professional fundraising fees
- $0
- Legal fees
- $60
- Accounting fees
- $23,048
- Occupancy
- $198,266
- Travel
- $10,379
- Program services (functional)
- $671,829
- Management and general (functional)
- $179,760
- Fundraising (functional)
- $197,132
Balance sheet and other
- Total assets, start of year
- $4,648,925
- Total assets, end of year
- $7,227,978
- Total liabilities, end of year
- $25,098
- Net assets, end of year
- $7,202,880
- Land, buildings and equipment
- $3,086,974
- Net assets without donor restrictions
- $3,546,106
- Net assets with donor restrictions
- $3,656,774
- Gross receipts
- $3,658,198
- Employees
- 27
- Volunteers
- 750
- Year formed
- 2011
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RAY STEADMAN | CEO Officer | 40 | $125,765 | $7,807 |
| RACHEL ROSE | TOP FINANCIAL OFFICIAL Officer | 40 | $63,073 | $0 |
| GREG RICHING | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| SHAWN JONES | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| DEB FUNKHOUSER | CO-TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| KATHY RUBO | CO-TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| CRAIG MOZHDEHI | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| BOB BODOLAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KYLE CLYNE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CEDRIC COX | BOARD MEMBER (AS OF 4/2024) Trustee or director | 2 | $0 | $0 |
| SCOTT MCBRIDE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TERESA MAIO | BOARD MEMBER (AS OF 06/24) Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL ROSE | TOP FINANCIAL OFFICIAL Officer | 40 | $60,000 | $0 |
| RAY STEADMAN | CEO (AS OF 8/2023) Officer | 40 | $41,539 | $1,329 |
| BRIAN SEELEY | CEO (THRU 5/2023) Officer | 40 | $26,000 | $0 |
| GREG RICHING | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| SHAWN JONES | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| DEB FUNKHOUSER | CO-TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| KATHY RUBO | CO-TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| CRAIG MOZHDEHI | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| SCOTT MCBRIDE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BOB BODOLAY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KYLE CLYNE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 3278, LAKELAND, FL 33802-3278
- Mailing address (990-N for 2012)
- PO Box 3278, Lakeland FL 33802
- Principal officer (990 for 2024)
- RAY STEADMAN, PO BOX 3278, LAKELAND, FL 33802
- Principal officer (990-N for 2012)
- Brian Seeley, 918 North Kentucky Ave, Lakeland FL 33801
- Signed the 990
- RAY STEADMAN, EXECUTIVE DIRECTOR
- Phone
- (863) 940-4069
- Website
- www.gospelinc.org
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO DEVELOP COMMUNITY WITH THE FORMERLY HOMELESS. TO OFFER SERVICES TO THE FORMERLY HOMELESS REGARDLESS OF RACE, ETHNICITY, SOCIOECONOMIC STATUS, OR RELIGIOUS AFFILIATION. TO SHARE THE LOVE OF GOD WITH ALL PEOPLE WE COME INTO CONTACT WITH.
Program accomplishments
- HOUSING ACHIEVEMENTS: SUCCESSFULLY PROVIDED HOUSING FOR 38 PEOPLE IN 33 UNITS. PLANNING TO EXPAND HOUSING WITH THE CONSTRUCTION OF 48 NEW UNITS THIS YEAR. ACHIEVED A 95% RETENTION RATE IN PERMANENT HOUSING. HOLISTIC SUPPORTIVE PROGRAMS:- ART PROGRAMS: OFFERING CREATIVE OUTLETS FOR RESIDENTS TO EXPRESS THEMSELVES AND FIND THERAPEUTIC BENEFITS THROUGH VARIOUS ART FORMS.- COUNSELING SERVICES: PROVIDING COMPREHENSIVE MENTAL HEALTH SUPPORT, INCLUDING INDIVIDUAL AND GROUP COUNSELING, TO HELP RESIDENTS ADDRESS TRAUMA AND IMPROVE THEIR MENTAL WELL-BEING.- COMMUNITY FRIDGE AND PANTRY: ENSURING FOOD SECURITY BY OFFERING ACCESS TO NUTRITIOUS FOOD, ALLOWING RESIDENTS TO FOCUS ON OTHER ASPECTS OF THEIR LIVES WITHOUT THE STRESS OF FOOD INSECURITY.- COMMUNITY DINNERS: FOSTERING A SENSE OF COMMUNITY AND TOGETHERNESS BY ORGANIZING REGULAR DINNERS WHERE RESIDENTS CAN BOND, SHARE EXPERIENCES, AND BUILD SUPPORTIVE RELATIONSHIPS.- VARIOUS COMMUNITY GROUPS: ORGANIZING DIFFERENT GROUPS AND ACTIVITIES SUCH AS SUPPORT GROUPS, EDUCATIONAL WORKSHOPS, AND RECREATIONAL ACTIVITIES TO ENGAGE RESIDENTS AND PROMOTE PERSONAL GROWTH.- HOLISTIC HEALTH AND WELLNESS PROGRAMS: INTEGRATING PHYSICAL HEALTH, MENTAL HEALTH, AND SOCIAL WELL-BEING INITIATIVES TO ENSURE RESIDENTS RECEIVE WELL-ROUNDED SUPPORT. THIS INCLUDES HEALTH EDUCATION, FITNESS ACTIVITIES, AND WELLNESS WORKSHOPS. COMMUNITY INTEGRATION AND DEVELOPMENT: ENCOURAGING RESIDENT PARTICIPATION IN THE DEVELOPMENT AND IMPROVEMENT OF THE COMMUNITY. PROMOTING A SENSE OF OWNERSHIP AND RESPONSIBILITY AMONG RESIDENTS TO CREATE A SUPPORTIVE AND COLLABORATIVE LIVING ENVIRONMENT.Expenses $671,829 · grants $5,650 · revenue $148,420
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 90-0771464
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $7,227,978
- Income (IRS master file)
- $3,658,198
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,604,489 | $1,048,721 | $7,227,978 | XML |
| 990 | December 2023 | $1,037,457 | $865,786 | $4,648,925 | XML |
| 990 | December 2022 | $1,642,762 | $1,004,056 | $4,482,702 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2012 Officer: Brian Seeley | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0771464).
Questions about GOSPEL INC
- What is the EIN of GOSPEL INC?
- The employer identification number (EIN) of GOSPEL INC is 90-0771464.
- Is GOSPEL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to GOSPEL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOSPEL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GOSPEL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GOSPEL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GOSPEL INC?
- The 990 for the year ended December 31, 2024 names RAY STEADMAN.
- Who are the officers and directors of GOSPEL INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $125,765 (RAY STEADMAN, CEO).
- How much revenue does GOSPEL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,604,489, expenses of $1,048,721 and total assets of $7,227,978 at year end.
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