Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Gilead Community Services Inc.
990 • Fiscal year 2024 • EIN 06-0851549
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.47x
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 2.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
43rd percentile
Faster revenue growth than 43% of similar nonprofits.
Balance Sheet
Assets
Up$5,536,064
Up $204,803 (+3.8%) from 2023
Net Assets
Up$2,921,209
Up $220,692 (+8.2%) from 2023
Liabilities
Down$2,614,855
Down $15,889 (-0.6%) from 2023
Revenue And Expenses
Revenue
Up$17,480,637
Up $794,392 (+4.8%) from 2023
Expenses
Up$17,259,945
Up $916,521 (+5.6%) from 2023
Net Income
Down$220,692
Down $122,129 (-36%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 15, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $17,515,647
Mission and Program Overview
Mission
Gilead's services seek to improve mental health, substance use disorders and physical well-being while supporting independence and community integration for individuals.
Gilead community services provides a broad range of high-quality health care and recovery support services in the home and community to the 2,035 individuals we serve throughout middlesex county and new britain.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,004,909 | $3,144,175 | ▲ $139,266 |
| Cash and Non-Interest-Bearing Accounts | $1,441,165 | $1,351,155 | ▼ $90,010 |
| Accounts Receivable | $674,623 | $793,731 | ▲ $119,108 |
| Prepaid Expenses and Deferred Charges | $110,010 | $93,205 | ▼ $16,805 |
| Total Assets | $5,331,261 | $5,536,064 | ▲ $204,803 |
| Other Assets Total | $100,554 | $153,798 | ▲ $53,244 |
| Liabilities | |||
| Other Liabilities | $655,006 | $1,241,646 | ▲ $586,640 |
| Accounts Payable and Accrued Expenses | $1,143,558 | $1,195,304 | ▲ $51,746 |
| Mortgage Notes Payable Secured by Investment Property | $758,897 | $167,271 | ▼ $591,626 |
| Deferred Revenue | $73,283 | $10,634 | ▼ $62,649 |
| Total Liabilities | $2,630,744 | $2,614,855 | ▼ $15,889 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,548,457 | $2,764,584 | ▲ $216,127 |
| Net Assets With Donor Restrictions | $152,060 | $156,625 | ▲ $4,565 |
| Total Net Assets Fund Balance | $2,700,517 | $2,921,209 | ▲ $220,692 |
| Total Liabilities and Net Assets / Fund Balance | $5,331,261 | $5,536,064 | ▲ $204,803 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,283,555 | $2,096,565 | $4,380,120 |
| Leasehold Improvements | $391,543 | $652,203 | $1,043,746 |
| Equipment | $111,475 | $320,782 | $432,257 |
| Land | $357,033 | - | $357,033 |
| Other Land Buildings | $569 | $78,550 | $79,119 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Barry M Simon | President & | FT | - | $347,667 | $347,667 |
| James Gusfa | Medical Dire | FT | $277,292 | - | $277,292 |
| Barry M Simon | President & CEO | - | $277,292 | $8,347 | $277,292 |
| Christine D Leiby | Treasurer & | FT | - | $241,746 | $241,746 |
| James Gusfa | Medical Director | - | $205,207 | $12,925 | $213,554 |
| Gayle Wintjen | Secretary & | - | - | $197,225 | $197,225 |
| Lucy Mcmillian | Secretary & | - | $156,490 | $12,925 | $169,415 |
| Christine D Leiby | Treasurer & CFO | - | $156,490 | - | $169,415 |
| Justin Salvio | COO | - | $110,787 | $33,443 | $144,230 |
Board Members and Trustees
| Name | Title |
|---|---|
| Paul Zakarian | Chair |
| Laura Patey | Past Chair |
| Suzanne Gaskell | Vice Chair |
| Amol Amin | Director |
| Carrissa Phipps | Director |
| Cathy Boone | Director |
| Fran Ludwig | Director |
| Michael Hannah | Director |
| Phil Pessina | Director |
| Ray Bourret | Director |
| Russ Hassmann | Asst Secreta |
| Dave Porteus | Asst Treasur |
| Daniel E Osborne | CEO-gilead |
| Lucy Mcmillian | Secretary & CDO |
| Gayle Wintjen | Secretary & Gen Coun |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Coughlin Services Corporation | Landscaping | PO BOX 888, Middletown, CT 06457 | $127,243 |
| Lewis Family Landscaping LLC | Landscaping | 119 VICTORIA HEIGHTS, Middletown, CT 06457 | $104,698 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $11,419,375
- Program Service Revenue
- $5,938,596
- Investment Income
- $122,666
- Other Revenue
- $0
- All Other Contributions
- $431,362
- Change in Net Assets
- $220,692
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $13,302,549 |
| Other Expenses | $3,957,396 |
| Total Fundraising Expense | $214,856 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $9,117,934 | $805,787 | $124,103 | $10,047,824 |
| Other Employee Benefits | $1,894,236 | $94 | $21,867 | $1,916,197 |
| Occupancy | $1,181,746 | $92,341 | $1,116 | $1,275,203 |
| Payroll Taxes | $786,055 | $969 | $9,489 | $796,513 |
| Fees for Services Management | - | $638,913 | - | $638,913 |
| Depreciation Depletion | $407,257 | $79,698 | - | $486,955 |
| Current Officers, Directors, Trustees, and Key Employees | $142,545 | $227,029 | - | $369,574 |
| Insurance | $274,151 | $20,664 | - | $294,815 |
| Fees for Services Other | $188,729 | $81,524 | - | $270,253 |
| Information Technology | $117,643 | $149,614 | - | $267,257 |
| Office Expenses | $104,786 | $96,620 | $205 | $201,611 |
| Pension Plan Contributions | $169,091 | $1,296 | $2,054 | $172,441 |
| Fees for Services Accounting | - | $52,784 | - | $52,784 |
| Advertising | $22,816 | $22,580 | - | $45,396 |
| Interest | $28,150 | $14,089 | - | $42,239 |
| Other Expenses | $30,335 | $36 | $11,179 | $41,550 |
| Fees for Services Legal | $2,032 | $24,177 | - | $26,209 |
| Conferences and Meetings | $10,066 | $1,834 | $2,000 | $13,900 |
| All Other Expenses | $269 | - | - | $269 |
| Total Functional Expenses | $14,690,597 | $2,354,492 | $214,856 | $17,259,945 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $32,010 |
| Fundraising Gross Income | $32,010 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Road Race | $45,151 | $19,351 | $19,351 | $0 |
| Quizine for a C | $116,739 | $12,659 | $12,659 | $0 |
| Total Events | $161,890 | $32,010 | $32,010 | - |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | Director | Purchases | No | $96,352 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Related 501c3 | $1,128,044 |
| Lease Liabilities-operating | $74,042 |
| Lease Liabilities-finance | $39,560 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- Yes
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“Gilead community services, inc. And its sister corporation, rainbow housing corporation, executed an affiliation agreement on november 7, 2016 under which the connecticut institute for the blind, inc. (dba oak hill) has become the sole member of both gilead community services, inc. And rainbow.”
Form 990, Page 6, Part VI, Line 7A
“The connecticut institute for the blind, inc. (dba oak hill) is the sole member of gilead community services, inc. And its sister corporation, rainbow housing corporation. Nominees for election to the gilead and rainbow boards are subject to the selection and presentation process overseen by the member's governance committee. The member also selects one individual to serve on the gilead board as an ex-officio director with full voting rights. The member has the unilateral exclusive right to remove, with or without cause, any or all of gilead and rainbow's directors and, for any director vacancies resulting from the member's exercise of this right, the filling of such vacancies is in the member's sole discretion, provided that gilead and rainbow's remaining directors may recommend nominees to fill such vacancies.”
Form 990, Page 6, Part VI, Line 7B
“The connecticut institute for the blind, inc. Is the sole member of gilead community services, inc. And its sister corporation, rainbow housing corporation. Gilead and rainbow cannot take any of the following actions unless they have been approved by the sole member: (1) the amendment of the certificate and/or the bylaws; (2) the hiring or termination of gilead and rainbow's executive director/ceo, subject to the executive director/ceo's contract with gilead and rainbow; (3) approval of gilead and rainbow's budgets or its making any loans or other transfers of funds or assets to any entity or individual except to affiliated entities in the ordinary course of business, or pursuant to a budget previously approved by the gilead or rainbow board and the member; (4) gilead and rainbow's incurring debt, borrowing money, pledging credit or otherwise rendering itself liable pecuniarily in excess of 250,000, other than a drawing upon gilead and rainbow's previously approved line of credit; (5) gilead and rainbow's entering into contracts (including management services agreements or administrative services agreements) in excess of 250,000.00”
Form 990, Page 6, Part VI, Line 11B
“Each member of the board receives a copy of the 990 for review before filing.”
Form 990, Page 6, Part VI, Line 12C
“Board members sign conflicts of interest statements annually which are reviewed and held with governing documents.”
Form 990, Page 6, Part VI, Line 15A
“The executive committee of the board negotiates the salary of top officials and recommends the approval of the salaries to the full board. The process includes the review of comparative data including an industry salary survey.”
Form 990, Page 6, Part VI, Line 15B
“The executive committee of the board negotiates the salary of officers/key employees and recommends the approval of the salaries to the full board. The process includes the review of comparative data including an industry salary survey.”
Form 990, Page 6, Part VI, Line 19
“All governing documents are available upon request within a reasonable amount of time.”
Filing and Contact Details
Filer
- Filer Name
- Gilead Community Services Inc
- EIN
- 06-0851549
- Phone
- 8603435300
- Address
- PO BOX 1000, MIDDLETOWN, CT 06457
Signing Officer
- Name
- Daniel E Osborne
- Title
- CEO-gilead
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes