2024-05-02T13:57:46-05:00 2023-06-30 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2022-07-01 911827109 PRIDE Industries One Inc PRID 9167882100 10030 Foothills Boulevard Roseville CA 95747 Charles Sharp CFO 9167882100 2024-05-01 1 Charles Sharp 999009999 1 Qi Wen Liang P01270238 2099556100 2024-05-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Jeffery Dern 10030 Foothills Boulevard Roseville CA 95747 218786218 0 X www.prideindustries.com X 1997 CA To create employment for people with disabilities. 15 15 2224 15 0 0 1285998 12337990 145570355 169480379 64495 100350 14367530 19756840 161288378 201675559 0 0 0 0 94087785 104994888 0 0 0 79526583 95704207 173614368 200699095 -12325990 976464 78697289 75230702 91023279 86580228 -12325990 -11349526 X To create employment for people with disabilities. 0 0 182866807 0 189237219 See Schedule OPRIDE Industries One, Inc. creates employment for people with disabilities. A nonprofit social enterprise, our company provides facilities operations and maintenance services, custodial services, contract manufacturing, supply chain management, and packaging and fulfillment services to private and public organizations nationwide. We are the nation's leading employer of people with disabilities and share our expertise with other entities seeking to create an inclusive workforce. Our customized employment services include vocational training, on-the-job support, scholarships, and paid internships. In addition to helping people with disabilities, we also assist veterans, former foster youth, and trafficking survivors.Our programs for people with disabilities are designed to build skills that lead to personal and professional growth as well as increased independence. Individual plans are designed around each person's personal strengths, abilities and goals.For the year ended June 30, 2023, PRIDE Industries One, Inc. in connection with PRIDE Industries employed and/or provided services to over 7,000 individuals with diverse intellectual, developmental, physical, sensory, or mental health disabilities. As a nonprofit social enterprise, PRIDE Industries One, Inc. creates jobs in its own businesses. More than 300 individuals with disabilities were employed on hundreds of commercial contracts with PRIDE Industries One, Inc. The company's fleet of buses transports people who are unable to drive to work, training, and vital services. During the year ended June 30, 2023, over 51,500 individual rides were provided to transport individuals with disabilities to and from work. 182866807 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 60 0 1 2224 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X Stephanie Goin 9167882100 10030 Foothills Blvd Roseville CA 95747 Jeffery Dern President/CEO 18.00 22.00 X 0 536341 71710 Peter Berghuis Former Key Employee 0.00 0.00 X 0 475000 0 Casey Blake - Chief Operations Officer (Thru 02/23) 18.00 22.00 X 0 386303 24314 Alexander Tardif Fire Alarm Mechanic, SRO 40.00 0.00 X 0 268033 39455 Coty Reid Fire Alarm Mechanic, SRO 40.00 0.00 X 0 233036 39342 Carlos Rojas Lead Engineer, SRO 40.00 0.00 X 0 246185 2927 Tina Oliveira Chief HR Officer/Corp Sec. 18.00 22.00 X 0 213363 30304 Ron Guidry Lead Engineer, SRO 40.00 0.00 X 0 243412 0 William Green HVAC Technician - JCC 40.00 0.00 X 0 235407 0 Christopher Bunch VP Commercial Facility Services 40.00 0.00 X 0 189889 31948 Anthony Lopez VP Logistics & Warehouse Services 40.00 0.00 X 0 160146 27188 Charles Sharp Chief Financial Officer (Eff 09/22) 18.00 22.00 X 0 154373 28622 Everett Crane Former Chief Financial Officer 18.00 22.00 X 0 108344 3435 Bob Olsen Chairman of the Board 1.00 1.00 X X 0 0 0 Judson Riggs Vice Chairman of the Board 1.00 1.00 X X 0 0 0 Mike Snegg Board Treasurer 1.00 3.00 X X 0 0 0 Sandy Smoley Board Secretary 1.00 1.00 X X 0 0 0 Jim Barone Board Member 1.00 3.00 X 0 0 0 Ed Bonner Board Member 1.00 1.00 X 0 0 0 Dawn Clayton Board Member 1.00 1.00 X 0 0 0 Dorene Dominguez Board Member 1.00 1.00 X 0 0 0 Rob Lynch Board Member 1.00 1.00 X 0 0 0 Ronald J Mittelstaedt Board Member 1.00 1.00 X 0 0 0 Nadder Mirsepassi Board Member 1.00 1.00 X 0 0 0 Walter Payne Board Member 1.00 1.00 X 0 0 0 Marco Rodriguez Board Member 1.00 1.00 X 0 0 0 H Rao Unnava Board Member 1.00 1.00 X 0 0 0 Larry Welch Board Member 1.00 1.00 X 0 0 0 0 3449832 299245 111 1 1 0 PRIDE Industries 10030 Foothills Boulevard Roseville CA 95747 Management Services 19294757 Maier International Inc 10651 Hickson Street El Monte CA 91731 Subcontractor 5936490 Rockland Builders Services Inc 1440 Coolidge Street National City CA 91950 Subcontractor 3446092 TK Elevator Corporation 24 Executive Park Suite 200 Irvine CA 92614 Subcontractor 2652230 Acco Engineered Systems Inc 9290 Beatty Drive Sacramento CA 95826 Subcontractor 2423957 15 12337990 12337990 Facility Services 310000 166762854 166762854 Program Fees 485000 2453884 2453884 Staffing/Placements 561300 261127 261127 Other 561300 2514 2514 169480379 110826 10476 100350 100350 100350 36857023 17100183 19756840 19756840 201675559 189237219 0 100350 X 474268 474268 86469667 86469667 463069 463069 10939873 10788453 151420 6648011 6648011 19761876 2400689 17361187 1978 1978 52730288 52730288 129693 129693 1768647 1768647 147233 147233 3997744 3997744 514840 514840 8863 8863 94201 56561 37640 2600574 2319529 281045 263840 263840 Direct Materials 7235533 7235533 Workers Compensation 3179376 3179376 Vehicle Expense 2129479 2129479 Emp Recruit & Training 975923 975923 164119 163123 996 200699095 182866807 17832288 0 1865 1366 53190746 43994849 5771529 8960280 382922 314125 28823332 13881653 18967402 14941679 237225 218977 145600 6799426 78697289 75230702 12948620 13613864 3900 19697 78070759 72946667 91023279 86580228 X -12325990 -11349526 -12325990 -11349526 78697289 75230702 976464 0 X 0 1 X 1 1 1 X X 1 PRIDE Industries 941650529 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2181853 2181853 10547416 1720532 8826884 977580 945463 32117 11528474 9454560 2073914 3588009 1761098 1826911 14941679 Deposits 133673 ROU Assets 6665753 6799426 Related Organization Payable 66174603 Capital Lease Obligations 6772064 72946667 X Part X, Line 2: In the event the Company had a tax position that was uncertain of being sustained, the Company would apply the minimum probability threshold specified in accounting guidance on income tax accounting to determine whether a financial statement liability or benefit should be recognized. There were no uncertain tax positions at June 30, 2023 and 2022. 1 1 0 0 0 0 0 1 0 Jeffery Dern President/CEO 0 501631 0 0 0 34710 0 39750 0 31960 0 608051 0 0 Peter Berghuis Former Key Employee 0 25334 0 0 0 449666 0 0 0 0 0 475000 0 0 Casey Blake - Chief Operations Officer (Thru 02/23) 0 342925 0 0 0 43378 0 18500 0 5814 0 410617 0 18522 Alexander Tardif Fire Alarm Mechanic, SRO 0 268033 0 0 0 0 0 2104 0 37351 0 307488 0 0 Coty Reid Fire Alarm Mechanic, SRO 0 233036 0 0 0 0 0 2079 0 37263 0 272378 0 0 Carlos Rojas Lead Engineer, SRO 0 246185 0 0 0 0 0 0 0 2927 0 249112 0 0 Tina Oliveira Chief HR Officer/Corp Sec. 0 210274 0 0 0 3089 0 0 0 30304 0 243667 0 0 Ron Guidry Lead Engineer, SRO 0 243412 0 0 0 0 0 0 0 0 0 243412 0 0 William Green HVAC Technician - JCC 0 213698 0 0 0 21709 0 0 0 0 0 235407 0 0 Christopher Bunch VP Commercial Facility Services 0 183622 0 0 0 6267 0 0 0 31948 0 221837 0 0 Anthony Lopez VP Logistics & Warehouse Services 0 158359 0 0 0 1787 0 0 0 27188 0 187334 0 0 Charles Sharp Chief Financial Officer (Eff 09/22) 0 93906 0 60000 0 467 0 1904 0 26718 0 182995 0 0 Everett Crane Former Chief Financial Officer 0 103181 0 0 0 5163 0 0 0 3435 0 111779 0 0 Part I, Line 3 The President/CEO of the organization is an employee of PRIDE Industries. The Board's Compensation Committee retains the ultimate authority over all elements of compensation to ensure that the organizational purposes are appropriately serviced. The Board's Compensation Committee uses credible data sources, third-party compensation consultant review and an objective "arms-length" decision-making process, ensuring the integrity of the executive programs and consistency with the organization's overall mission. Part I, Lines 4a-b Peter Berghuis received a one-time compensation payment (the contents of which are subject to a confidentiality clause) of $449,666 which is included in Schedule J, Part II, Column B(iii). Key executives participate in a 457(f) retirement plan. Plan eligibility is determined upon approval by the Board of Directors of PRIDE Industries. During the calendar year ended December 31, 2022, contributions and distributions for the following key executives are as follows: Jeffery Dern President/CEO: Contributions: None Distributions: None Casey Blake - Chief Operations Officer: Contributions: $18,500 Distributions: $18,522 The President/CEO participates in a nonqualified deferred compensation trust as provided for in his employment agreement approved by the Board of Directors. Contributions to the trust are made annually, each December, in an amount equal to 7.5% of the President/CEO's base salary. The trust is distributable upon the earlier of the President/CEO reaching age 65 or has a qualifying termination event. Certain forfeiture provisions exist in the agreement. During the calendar year ended December 31, 2022, a dicretionary contribution of $39,750 was made. In 2021, the President/CEO began participating in a long-term incentive compensation benefit. Amounts are approved by the Compensation Committee of the Board of Directors of PRIDE Industries annually ranging from 0% to 7.5% of the President/CEO's base salary based on both his and the Company's performance. The approved amounts are accrued annually and paid out in a lump sum once every five years, subject to continued employment. During calendar year ended December 31, 2022, no accural was approved by the Board. Part I, Line 7 In 2022, a one-time compensation payment of $60,000 was approved and paid to the current CFO, Charles Sharp upon his acceptance of the CFO position. Part II The compensation reflected in this section represents the Form W-2 calendar year taxable income for these individuals. The compensation is paid by PRIDE Industries, as the employer of record. Form 990, Part VI, Section A, line 8b PRIDE Industries One, Inc. does not have any committees of the board. Form 990, Part VI, Section B, line 11b The accounting department consults with various departments in the compiling of the Form 990. In addition, a nationally recognized CPA firm consults on the preparation and review of the form. The CFO reviews and approves the data and completed form before providing it to the President/CEO and Board members for their review prior to filing. Form 990, Part VI, Section B, line 12c Board members and officers are required to complete an annual disclosure form identifying business interests, employment relationships and property interests, and those of related parties. The President/CEO and Board Chair review the disclosures for potential conflicts of interest and consult legal counsel as necessary. The Board Chair may ask involved individuals to recuse themselves during discussions on any matter related to a potential conflict. No director shall vote on any issue involving a financial or personal conflict of interest, or participate in decisions in matters directly involving related parties. All key employees, including officers, are required to participate in annual training on the organization's Code of Business Ethics which includes a discussion of conflicts of interest. Training compliance is monitored by electronic acceptance and acknowledgement of the policies within the Company's electronic training platform. Form 990, Part VI, Section B, line 15 All of PRIDE Industries One, Inc.'s employees are compensated by PRIDE Industries, a related organization, as the common paymaster. Salary surveys of benchmark jobs are used to determine wage ranges of key employees and executives. Market-available wage data, job performance, and current market conditions are used to determine appropriate compensation levels. The company contracts with a leading HR consulting firm to analyze the compensation of certain executives. The Board Compensation Committee of PRIDE Industries reviews surveys from similarly sized nonprofit and for-profit organizations, taking into account relative factors including revenues, employee counts and competitive market position. The Compensation Committee of the Board reviews and approves compensation for the President/CEO and CFO. The CFO is excluded from involvement in the process. Form 990, Part VI, Section C, line 19 Audited financial statements, governing documents and conflict of interest policies are made available to the general public upon request. Form 990, Part IX, line 11g Consulting & Professional Fees: Program service expenses 814,667. Management and general expenses 0. Fundraising expenses 0. Total expenses 814,667. Contractor Reimbursement Expense: Program service expenses 189,942. Management and general expenses 0. Fundraising expenses 0. Total expenses 189,942. Contractor Labor: Program service expenses 496,905. Management and general expenses 0. Fundraising expenses 0. Total expenses 496,905. Subcontractor Expense: Program service expenses 51,223,471. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,223,471. Source America Program Fees: Program service expenses 5,303. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,303. Form 990, Part V, Line 2a: The compensation expense for PRIDE Industries One, Inc. is paid by PRIDE Industries. The company's compensation expense on Form 990, Part IX reflects 2,224 employees who are paid by PRIDE Industries as the common paymaster. PRIDE Industries 10030 Foothills Blvd Roseville CA 95747 941650529 To create employment for people with disabilities CA 501(c)(3) Line 10 N/A 0 PRIDE Government 10030 Foothills Blvd Roseville CA 95747 942446765 Helping people with disabilities prepare for employment CA 501(c)(3) Line 10 PRIDE Industries 0 PRIDE Federal 10030 Foothills Blvd Roseville CA 95747 260226018 Building & landscape maintenance CA N/A C 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 1