2021-07-28T07:07:41-05:00 2020-12-31 351327464 SACKRIDER & COMPANY INC 1925 Wabash Ave Terre Haute IN 47807 990 2020-01-01 351718781 The Gibault Foundation Inc GIBA 8122983201 PO Box 10355 Terre Haute IN 478010355 Amy Atchley CFO 8122983201 2021-07-28 1 Amy Atchley 999009999 Craig A Todd CPA P00593406 8122329492 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z Robert Lynch PO Box 10355 Terre Haute IN 478010355 6242176 0 X N/A X 1987 IN Provide support to Gibault, Inc. (a 501(c)(3) organization). 5 5 0 0 0 0 32995 3815 825000 825000 291959 232308 50326 67054 1200280 1128177 850000 850000 0 0 0 0 0 0 0 0 487283 850000 1337283 350280 -209106 15947534 16156672 2374974 2026796 13572560 14129876 Provide support to Gibault, Inc. (a 501(c)(3) organization). 0 0 850000 850000 The Gibault Foundation, Inc. is dedicated to benefiting, servicing, and solely supporting Gibault, Inc. ( a Not-for-Profit 501(c)(3) organization). The Foundation contributes to Gibault, Inc. for programs and operations. 325171 825000 In support of Gibault Inc.'s future growth, development, and financial well-being, the Foundation owns and maintains the buildings, land and land improvements. The buildings are leased by Gibault, Inc. for various programs. Depreciation expense was $325,171 in 2020. Additionally, the Foundation paid interest expense to a local bank related to a bond issue incurred to renovate existing buildings. Interest paid during 2020 was $60,466. 1175171 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 IN X Amy Atchley CFO 8122983201 6401 S US Hwy 41 Terre Haute IN 47802 Paul Zielinski Secretary 1.00 X X 0 0 0 Jeffrey R Guenther Treasurer 1.00 X X 0 0 0 Doug Adams Director 1.00 X 0 0 0 Martin McCoy Jr Vice President 1.00 X X 0 0 0 Robert Lynch President 1.00 X X 0 0 0 Michele Madley CEO 1.00 49.00 X 0 211187 13954 0 211187 13954 0 0 1 0 0 3815 3815 Lease Income 531190 825000 825000 825000 166541 166541 5179766 5113999 65767 65767 65767 Miscellaneous 900099 67054 67054 67054 1128177 67054 0 1057308 850000 850000 25000 25000 40364 40364 60466 60466 325171 325171 Property Taxes 18600 18600 Miscellaneous Expense 17682 17682 1337283 1175171 162112 0 389448 489005 23888 21138 18768645 12091462 7002354 6677183 8342099 8759113 76889 79549 112856 130684 15947534 16156672 247907 145617 2127067 1881179 2374974 2026796 X 13484921 14073199 87639 56677 13572560 14129876 15947534 16156672 -209106 766422 0 X X 0 1 X 1 0 X X 1 Gibault Inc 350868093 2 1 850000 0 1 850000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9559092 1124 276175 169208 39664 9627519 9443809 3078 293362 137126 44031 9559092 8627145 152417 831602 130259 37096 9443809 8162600 86562 531251 123314 29954 8627145 8151265 75829 100783 133971 31306 8162600 0.99590 0.00410 0 0 579912 579912 17302915 11205644 6097271 885818 885818 0 6677183 Annuity Liabilities 224398 Bonds Payable 1656781 1881179 1854235 766422 766422 1087813 40364 40364 1128177 1296919 0 1296919 40364 40364 1337283 Part V, Line 4: The Gibault Foundation, Inc. is a supporting organization whose purpose is to support Gibault, Inc. At least annually, Gibault Foundation transfers investment income from the endowment pool to Gibault, Inc. to be used for supporting Gibault, Inc.'s programs and activities. Additional funds may also be transferred as needs arise by Gibault, Inc. 1 Gibault Inc 6401 S US Hwy 41 Terre Haute IN 47802 350868093 850000 To provide operating support. 1 0 X 0 0 0 0 0 0 0 0 0 Michele Madley CEO 0 202808 0 0 0 8379 0 5200 0 8754 0 225141 0 0 Form 990, Part VI, Section A, line 2 Line 2 explanation - Business Relationship - Michele Madley is a key employee and the President/CEO of a related party - Gibault, Inc.; Additionally, board members Doug Adams, Martin McCoy Jr., Paul Zielinski and Robert Lynch were also board members of a related company - Gibault, Inc. Additionally, board members Jeff Guenther and Robert Lynch are also a board members of Gibault Care Inc., a related company. Form 990, Part VI, Section A, line 3 Line 3 explanation - The Foundation through a management contract with a related company (Gibault, Inc.), contracted out the daily management function of the organization. This included the daily accounting and administrative services. The Foundation has no employees and relies on the management contract for these services. Form 990, Part VI, Section B, line 11b Line 11b Explanation - Board of Directors does not review 990; Chief Financial Officer of related company - Gibault, Inc. - reviews prior to submission. Form 990, Part VI, Section B, line 12c Annual requirement to update conflict of interest policy as administered by the Human Resources department. Conflict of interest policy sign off form maintained in employee/director personnel file. Form 990, Part VI, Section C, line 19 Chief Financial Officer maintains all pertinent documents which may be obtained upon request. Form 990, Part XII, Line 2c: Gibault, Inc. has established an audit committee for the oversight of the audit and selection of the independent auditors. Part VI, Section B, Line 15a and 15b The Foundation does not have any employees. The Foundation purchases accounting and administrative support from a related company through a management contract. The Foundation does have a Chief Executive Officer (CEO) that is elected by the board of directors. Annual review of the CEO is performed by the board of directors. Gibault Inc 6401 S Hwy 41 Terre Haute IN 47802 350868093 Residential treatment facility of children IN 501(c)(3) Line 2 N/A 0 Gibault Care Inc 2907 East 136th Street Carmel IN 46033 352139972 Nursing home IN 501(c)(3) Line 9 N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 Gibault Inc J 825000 Per contract Gibault Inc M 25000 Per contract Gibault Inc B 850000 Per budget