Southwest Florida Workforce Development Board INC

Tax-deductible

Fort Myers, FL501(c)(3)Since 1997EmploymentEIN 65-0778245Revenue $12.4M in FY2025

On file with the IRS6800 Shoppes at Plantation Dr Ste 1, 33912-4429 · Fort Myers, FLTax-exempt since Jan 1998Publicly supported charity — 170(b)(1)(A)(vi)

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The purpose of the organization is to provide administration and oversight to organizations and and individuals who serve those seeking employment opportunities through job training, job placement,counseling and other assistance.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$718K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $27K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$718K
to officers and key staff · 6% of spending
Top officer’s pay higher than 52% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $110K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8.7M
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.4M
-8% vs prior year
Spent
$12.3M
To programs
89%
Net assets
$272K
By yearFY2020–FY2025
Revenue
$12.4M
FY2025▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.1M
FY2021$11.2M
FY2022$10.2M
FY2023$12.8M
FY2024$13.5M
FY2025$12.4M
Expenses
$12.3M
FY2025▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.1M
FY2021$11.3M
FY2022$10.2M
FY2023$12.7M
FY2024$13.5M
FY2025$12.3M
Net assets
$272K
FY2025▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2020$659K
FY2021$613K
FY2022$108K
FY2023$191K
FY2024$207K
FY2025$272K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $11.0M Management & general 11% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $718K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President/CEO
$241,458Pt VII · Sec A
Finance Director
$156,022Pt VII · Sec A
HR Director
$110,695Pt VII · Sec A
Controller
$108,236Pt VII · Sec A
Director-Planning
$101,408Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Peg Elmore’s $241K as President/CEO is at the 52nd percentile of top reported officer pay among 414 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Peg Elmore$241,458$201,181$134,187———
Joseph P Paterno——$148,991$185,832$168,506$185,472
Michael Egan$156,022$152,896$129,622$141,050$126,797$120,831
Priscilla Chagnon———$116,842$114,064$114,342
Andrea Hoffer$110,695$111,350————
Craig Helmer$108,236—————
Craig Helme—$106,526————
Mary Zurn—$106,340————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports job seekers through training, placement, and counseling services.

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Provided by the organization

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3 programs · $9.9M · in their own filed words · FY2024
01

Workforce Innovation and Opportunity Act

Wioa programs provide youth, assistance and training they need to get and keep good jobs and provide employers with skilled workers.

$6.8Mprogram expense
02

Welfare Transition

Welfare transition programs are designed to emphasize work, self sufficiency, and personal responsibility for welfare recipients and to enable them to move from welfare to work.

$2.3Mprogram expense
03

Wagner-peyser programs are designed to improve the functioning of the nations labor markets by bringing together individuals who are seeking employment with employers who are seeking workers.

$828Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
NafFY2020$100K
Total grants receivedfrom 2 funders$110K
Grants paid · 11 grants · $9.5M · 2019–2024
Unitemized GrantFY2024$3,338,304
Unitemized GrantFY2024$1,056,974
Unitemized GrantFY2024$13,365
Unitemized GrantFY2020$1,887,428
Unitemized GrantFY2020$217,995
Unitemized GrantFY2020$11,845
Unitemized GrantFY2020$1,885
Unitemized GrantFY2019$2,830,549
Unitemized GrantFY2019$146,485
Unitemized GrantFY2019$25,792
Unitemized GrantFY2019$9,778

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$12.4M
Ln 12
Gifts and grantsLn 1h$11.9M
Other incomeLn 4–11$542K
Money outPt IX
$12.3M
Ln 25
Programscol B$11.0M
Managementcol C$1.3M
Owns and owesPt X
$272K
net assets · Ln 32
Cash and savingsLn 1–2$3.0M
Total assetsLn 16$8.9M
LiabilitiesLn 26$8.7M
PeoplePt VI, VII
24
listed · VII A
PaidVII A5
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11.9M
Government grantsLn 1e$11.8M
Other incomeLn 4–11$542K
Total revenueLn 12$12.4M
Assets in detailPt X, end of year
CashLn 1$3.0M
Cash and savings togetherLn 1–2$3.0M
Land, buildings, equipmentLn 10c$5.7M
Total assetsLn 16$8.9M
LiabilitiesLn 26$8.7M
Net assetsLn 32$272K
OperationsPt I, VI
EmployeesI 566
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.9M$3.0M
Land, buildings, equipmentLn 10c$1.8M$5.7M
Total assetsLn 16$3.9M$8.9M
LiabilitiesLn 26$3.7M$8.7M
Net assetsLn 32$207K$272K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$4.4M$4.4M
Pay of current officers, directors and key staffLn 5$700K$0$700K$0
Other salaries and wagesLn 7$3.1M$3.1M$18K$0
Other employee benefitsLn 9$648K$599K$49K$0
Payroll taxesLn 10$295K$250K$46K$0
Legal feesLn 11b$73K$3K$71K$0
Advertising and promotionLn 12$8K$6K$3K$0
Office expensesLn 13$218K$115K$102K$0
Information technologyLn 14$384K$343K$41K$0
OccupancyLn 16$561K$440K$120K$0
TravelLn 17$29K$27K$1K$0
Conferences, conventions and meetingsLn 19$39K$27K$12K$0
InterestLn 20$68K$0$68K$0
Depreciation, depletion and amortizationLn 22$1.4M$1.4M$46K$0
InsuranceLn 23$70K$26K$43K$0
Other expenses (24a–d)Ln 24$338K$310K$28K$0
Total functional expensesLn 25$12.3M$11.0M$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $12.4M$12.3M$65K$272K 990 PDF
FY2024 $13.5M$13.5M$16K$207K 990 PDF
FY2023 $12.8M$12.7M$83K$191K 990 PDF
FY2022 $10.2M$10.2M−$24K$108K 990 PDF
FY2021 $11.2M$11.3M−$46K$613K 990 PDF
FY2020 $13.1M$13.1M$67K$659K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $12,400,588 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,136,538$11,858,687
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $400,236$541,901
I-12 Total revenuePrior year $13,536,774$12,400,588
I-13 Grants and similar amounts paidPrior year $3,782,959$4,422,954
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,397,867$4,725,650
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,340,159$3,186,952
I-18 Total expensesPrior year $13,520,985$12,335,556
I-19 Revenue less expensesPrior year $15,789$65,032
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $12,400,588 across 5 lines filed
VIII-1e Government grants$11,849,309
VIII-1f All other contributions, gifts and grants$9,378
VIII-1h Total contributions, gifts and grants$11,858,687
VIII-6 Net rental income or lossRelated to mission $541,901$541,901
VIII-12 Total revenueRelated to mission $541,901 · Unrelated business $0 · Excluded from tax $0$12,400,588
Part IX · Statement of functional expenses $12,335,556 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $4,422,954$4,422,954
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $699,829 · Fundraising $0$699,829
IX-7 Other salaries and wagesPrograms $3,064,021 · Management $18,000 · Fundraising $0$3,082,021
IX-9 Other employee benefitsPrograms $599,117 · Management $49,308 · Fundraising $0$648,425
IX-10 Payroll taxesPrograms $249,874 · Management $45,501 · Fundraising $0$295,375
IX-11b Legal feesPrograms $2,515 · Management $70,743 · Fundraising $0$73,258
IX-12 Advertising and promotionPrograms $5,546 · Management $2,943 · Fundraising $0$8,489
IX-13 Office expensesPrograms $115,445 · Management $102,212 · Fundraising $0$217,657
IX-14 Information technologyPrograms $342,881 · Management $40,914 · Fundraising $0$383,795
IX-16 OccupancyPrograms $440,416 · Management $120,399 · Fundraising $0$560,815
IX-17 TravelPrograms $27,426 · Management $1,464 · Fundraising $0$28,890
IX-19 Conferences, conventions and meetingsPrograms $27,355 · Management $11,643 · Fundraising $0$38,998
IX-20 InterestPrograms $0 · Management $68,124 · Fundraising $0$68,124
IX-22 Depreciation, depletion and amortizationPrograms $1,353,528 · Management $46,062 · Fundraising $0$1,399,590
IX-23 InsurancePrograms $26,386 · Management $43,324 · Fundraising $0$69,710
IX-24 Other expenses (24a–d)Programs $309,893 · Management $27,733 · Fundraising $0$337,626
IX-25 Total functional expensesPrograms $10,987,357 · Management $1,348,199 · Fundraising $0$12,335,556
Part X · Balance sheet $8,923,566 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,882,032$3,025,949
X-3 Pledges and grants receivableStart of year $97,191$16,155
X-9 Prepaid expenses and deferred chargesStart of year $114,499$134,759
X-10c Land, buildings and equipment, netStart of year $1,835,636$5,746,703
X-16 Total assetsStart of year $3,929,358$8,923,566
X-17 Accounts payable and accrued expensesStart of year $658,975$905,156
X-19 Deferred revenueStart of year $662,999$1,567,184
X-25 Other liabilitiesStart of year $992,290$4,883,570
X-26 Total liabilitiesStart of year $3,722,613$8,651,789
X-27 Net assets without donor restrictionsStart of year $206,745$271,777
X-32 Total net assets or fund balancesStart of year $206,745$271,777
X-33 Total liabilities and net assetsStart of year $3,929,358$8,923,566
Part XI · Reconciliation of net assets $271,777 net assets at year end
XI-1 Total revenue$12,400,588
XI-2 Total expenses$12,335,556
XI-3 Revenue less expenses$65,032
XI-4 Net assets at start of year$206,745
XI-10 Net assets at end of year$271,777

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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