Glasser-Schoenbaum Human Services Center Inc

Organization Overview

Glasser-Schoenbaum Human Services Center Inc is located in Sarasota, FL. The organization was established in 1986. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2021, Glasser-Schoenbaum Human Services Center Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glasser-Schoenbaum Human Services Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Glasser-Schoenbaum Human Services Center Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 17.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ENTITY'S MISSION IS TO CONNECT, SUPPORT, AND SUSTAIN A NETWORK OF HUMAN SERVICE NONPROFITS FOR A STRONGER COMMUNITY. THE COMPANY ENVISIONS A SUPPORTED NETWORK OF HUMAN SERVICES WHOSE COLLECTIVE IMPACT IMPROVES THE QUALITY OF LIFE IN THE COMMUNITY. THEIR MOST CENTRAL PROGRAM IS PROVIDING QUALITY OFFICE SPACE AT A LOW COST TO THEIR TENNANT PARTNERS, SAVING THEM OPERATIONAL DOLLARS FOR GREATER SUSTAINABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE GLASSER/SCHOENBAUM HUMAN SERVICES CENTER IS THE "CAMPUS OF CARING" SINCE THEY ARE HOME TO 18 NON-PROFIT HEALTH AND HUMAN SERVICE NON-PROFITS THAT HELP ADULTS, CHILDREN AND FAMILIES IN NEED. THE CENTER IS MADE UP OF 14 BUILDINGS ON FIVE ACRES IN NORTH SARASOTA.THE CENTER'S MOST CENTRAL PROGRAM IS PROVIDING QUALITY OFFICE SPACE AT LOW COST TO THEIR TENANT PARTNERS,SAVING THEM OPERATIONAL DOLLARS FOR GREATER SUSTAINABILITY. THEY BELIEVE THAT SUSTAINABILITY IS CRITICAL TO A STRONG SOCIAL SAFETY NET,ESPECIALLY IN TIMES OF CRISIS. LAST YEAR, WHEN MAJOR LOCAL FOUNDATIONS CONDUCTED A SURVEY TO ASSESS COVID-19 NEEDS, AN ALARMING 46% OF HEALTH AND HUMAN SERVICES NON-PROFIT ORGANIZATIONS IN THE SARASOTA REGION HAD OPERATING RESERVES TO LAST THEM ONLY THREE MONTHS OR LESS.THE CENTER CHARGES TENANT PARTNERS $8.50/SQ FT PER YEAR-LESS THAN HALF OF CURRENT MARKET RATES AND APPROXIMATELY 42% OF ANNUAL EXPENSES. UTILITIES, SECURITY, MAINTENANCE,CLEANING, AND BUILDING INSURANCE ARE COVERED.THE CENTERS AGENCIES SERVE OVER 26,000 INDIVIDUALS IN THE COMMUNITY EVERY YEAR. THE ECONOMIC IMPACT IS PROFOUND, AS THE TENANT PARTNERS BUDGETS TOTALED OVER $17.3 MILLION, HELPING TO ALLEVIATE BURDENS ON OTHER MAJOR SOCIAL WELFARE SYSTEMS SUCH AS HEALTHCARE, THE CRIMINAL JUSTICE SYSTEM ADN EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Roger Capote
Secretary
$0
Robin Serbin
President
$0
Bruce Zeitlin
Treasurer
$0
Knickole Barger-Stone
Member
$0
Isabel Anchin Becker
Member
$0
Wayne Curtis
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$7,187
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,580,516
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,587,703
Total Program Service Revenue$404,521
Investment income $768,790
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$10,379
Net Income from Fundraising Events $7,187
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,757,822

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Glasser-Schoenbaum Human Services Center Inc has recieved totaling $1,794,017.

Awarding OrganizationAmount
Community Foundation Of Sarasota County Inc

Sarasota, FL

PURPOSE: EMERGENCY ASSISTANCE, GENERAL SUPPORT, PROGRAM SUPPORT

$1,553,061
United Way Suncoast Inc

Tampa, FL

PURPOSE: ALLOCATIONS, DESIGNATIONS, DISASTER RELIEF RESPONSE, GRANTS & PROGRAM IMPACT FUNDING

$114,103
Gulf Coast Community Foundation Inc

Venice, FL

PURPOSE: HUMAN SERVICES

$113,318
Isermann Family Foundation

Morristown, NJ

PURPOSE: GENERAL CHARITABLE SUPPORT

$12,500
Wiltse Family Foundation

Longboat Key, FL

PURPOSE: TO SUPPORT THE ORGANIZATION'S EFFORTS TO CONNECT, SUPPORT AND SUSTAIN A NETWORK OF HUMAN SERVICE NONPROFIT TO BUILD A STRONGER COMMUNITY.

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$35
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,774,252
Earnings$1,573,768
Admin Expense$9,538
Other Expense$223,475
Ending Balance$7,115,007

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