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Goodwill Of The Finger Lakes Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 274212702 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Goodwill Of The Finger Lakes Inc?

Goodwill of the Finger Lakes Inc is a nonprofit organization based in Rochester, New York, with a territory covering 20 counties. They are known for their retail stores that offer employment and training opportunities. Currently, they have a presence in Monroe, Wayne, Livingston, Onondaga, and Ontario Counties, with plans to expand to additional counties. The organization's mission is to empower individuals with barriers to independence, enabling them to be self-sufficient and contribute to their families and communities. Goodwill of the Finger Lakes operates various businesses, including an e-commerce platform, a clearance center, and multiple attended and standalone donation centers and warehouses.


Official website here: www.goodwillfingerlakes.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 95% - Four-Star out of Four Star Rating

Goodwill Of The Finger Lakes Inc has achieved an impressive 95% rating on Charity Navigator, reflecting its strong commitment to accountability and financial management. With a high Accountability & Finance score of 96, the organization demonstrates effective governance practices, including a fully independent board and robust financial oversight measures. Their transparent policies and practices, such as conflict of interest and whistleblower policies, further enhance their accountability.

In terms of community engagement, the organization scored 87 in the Culture & Community category. They excel in collecting and utilizing constituent feedback, showcasing a responsive approach to the needs and concerns of those they serve. The feedback mechanisms are highly rated, indicating a strong commitment to community input and improvement based on that input.

While the organization shows strengths across various metrics, the Culture & Community score, though strong, is slightly lower than its financial counterpart. However, the overall profile remains robust, indicating a well-rounded organization that is both financially sound and attentive to its community's needs.


This AI summary has been generated from information found on Charity Navigator.

Is Goodwill Of The Finger Lakes Inc legitimate?

Goodwill Of The Finger Lakes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Of The Finger Lakes Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $511,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,568,910

For more financial information, click here


Official website here: www.goodwillfingerlakes.org

What is the mission statement of Goodwill Of The Finger Lakes Inc?

Goodwill of the Finger Lakes is a non-profit organization dedicated to helping individuals overcome barriers to independence. Through various programs, they aim to prepare and empower these individuals to become self-sufficient and contribute to their families and communities. One way they do this is by offering employment and training opportunities through the operation of Goodwill retail stores. These stores are expanding to cover a larger territory in the coming years. In addition to retail, Goodwill also operates e-commerce, clearance center, and multiple donation centers and warehouses. Their mission is to enable people to improve their lives and reach their full potential.


Official website here: www.goodwillfingerlakes.org

Who is the CEO of Goodwill Of The Finger Lakes Inc?

Jennifer Lake is the Board Member of Goodwill Of The Finger Lakes Inc. The CEO's salary of Goodwill Of The Finger Lakes Inc is $312,989 and their total compensation is $344,886.


Official website here: www.goodwillfingerlakes.org

What is the revenue of Goodwill Of The Finger Lakes Inc?

Goodwill Of The Finger Lakes Inc's revenue in 2022 was $49,070,844.


Official website here: www.goodwillfingerlakes.org

Who are the executives of Goodwill Of The Finger Lakes Inc and what are their salaries?

The average compensation at Goodwill Of The Finger Lakes Inc during 2022 was $18,048. There are 891 employees and 78 volunteers at Goodwill Of The Finger Lakes Inc.


Here are 19 key members and their salaries (Goodwill Of The Finger Lakes Inc's CEO's salary is $312,989 and their total compensation is $344,886):


Tina M Reeves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Rooney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael H Frame (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Henderson (Vice Chair Assessment)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Kitchen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Harrington (Vice Chair For Planning And Resources)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Ferber (Controller And Audit Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Jackman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Brenner (Board Member - Thru March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judie Lynn Nassar Mcavinney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrick Alaimo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Harper (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lake (President And Ceo)
  • Compensation: $312,989
  • Related: $0
  • Other: $31,897
Junior Dillion (Board Member - As Of March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Diloreto (Board Member - As Of Sept 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Gould (Board Member - As Of March 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Klemann (Chief Financial Officer - Thru July 2021)
  • Compensation: $148,120
  • Related: $0
  • Other: $8,666
Carolina Cordero Dyer (Chief Financial Officer - As Of Nov 2021)
  • Compensation: $22,231
  • Related: $0
  • Other: $1,122
Lisa Jackel (It Director)
  • Compensation: $130,113
  • Related: $0
  • Other: $15,114


Official website here: www.goodwillfingerlakes.org

Where can I find the form 990 for Goodwill Of The Finger Lakes Inc?

Goodwill Of The Finger Lakes Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodwillfingerlakes.org

Learn more at the official website: www.goodwillfingerlakes.org

Mission Statement of Goodwill Of The Finger Lakes Inc

Goodwill of the Finger Lakes, a mission-driven organization, strives to prepare and empower individuals with barriers to independence, enabling them to lead self-sufficient lives and contribute positively to their families and communities. By offering employment and training opportunities through the operation of Goodwill retail stores, this esteemed nonprofit plays a vital role in transforming lives. With a presence in 20 counties and plans to expand, Goodwill of the Finger Lakes covers a broad territory, touching the lives of many.

In addition to its retail endeavors, this nonprofit boasts an e-commerce business, clearance center, and multiple attended and standalone donation centers and warehouses. These various business facets not only generate revenue for the organization but also provide invaluable opportunities for individuals to gain essential work experience and skills, paving the way towards self-sufficiency. By offering a range of services, Goodwill of the Finger Lakes goes beyond mere charity and focuses on fostering long-term independence and growth.

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Impact




October, 2024

Goodwill of the Finger Lakes Inc. plays a vital role in the local community by providing employment and training opportunities for individuals facing barriers to independence. Through its retail operations, which span multiple counties including Monroe, Wayne, Livingston, Onondaga, and Ontario, the organization creates an accessible pathway for people to gain valuable work experience and develop essential job skills.

The impact of Goodwill extends beyond employment; it fosters self-sufficiency that allows individuals to actively contribute to their families and communities. Their commitment to expanding services means that more residents across a growing territory will have access to these opportunities in the future.

Additionally, Goodwill's e-commerce business and multiple donation centers enhance its service offerings, promoting sustainable practices while also generating revenue that funds training programs. This multifaceted approach not only addresses immediate employment needs but also empowers individuals, helping them to build a brighter future and improve their overall quality of life. Through its initiatives, Goodwill of the Finger Lakes Inc. makes a significant contribution to the social fabric of the communities it serves, demonstrating a dedicated investment in human services and community development.




This information is meant to be a general summary of Goodwill Of The Finger Lakes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$49,070,844 (2022)
Expenses
$43,423,233 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $171,341
  • Program Service Revenue: $28,571,854
  • Gross Receipts: $49,220,319

Assets and Liabilities:

  • Total Assets: $32,628,122
  • Total Liabilities: $12,575,059
  • Net Assets: $20,053,063

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PRODUCT AND RETAIL SALES

Revenue

$26,444,432

PROGRAM PAYMENTS

Revenue

$2,127,422

Organization Details

Founding Year

2010

Principal Officer

Jennifer Lake

Main Address

422 SOUTH CLINTON AVENUE, ROCHESTER, NY, 14620

NTEE Category

Code: P11 - Human services

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