Overview
What is Ohio Valley Goodwill Industries?
Ohio Valley Goodwill Industries, located in Cincinnati, Ohio, is a prominent member of the national Goodwill network, dedicated to providing vocational rehabilitation, training, and employment opportunities for individuals facing disabilities or socio-economic barriers. Their mission transcends beyond employment as they managed to employ 825 sheltered workers and offer vocational rehabilitation services to over 825 clients. Additionally, they recycled a substantial amount of donated goods, amassing over 44 million pounds, which were sold in their 19 retail outlets. The organization generated a gross revenue of $27.3 million from the sold inventory items in 2022, resulting in a net revenue of $5.1 million. Ohio Valley Goodwill Industries plays a significant role in empowering individuals to overcome various challenges and achieve full employment.
Official website here: www.cincinnatigoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Ohio Valley Goodwill Industries has received a high rating of 95% from Charity Navigator, reflecting its strong accountability and financial practices. The organization boasts a perfect score in several areas, including independent board membership and the absence of material asset diversions. Its program expense ratio is commendable, indicating that a significant portion of its funds directly support its programs and services, further demonstrating its commitment to operational transparency and ethical governance.
User reviews consistently highlight Ohio Valley Goodwill's positive impact on the local community, particularly regarding its support for individuals with disabilities and veterans. Multiple testimonials praise the organization for its educational and vocational training programs, which facilitate job placements and skill development. Reviewers describe the staff as dedicated and caring, acknowledging that the programs foster self-esteem and promote meaningful community integration for those served.
Despite the overwhelmingly positive feedback, some criticisms have emerged, particularly regarding executive compensation and perceived issues of nepotism within the organization. A few former employees expressed concerns about the management's focus on financial gain over the welfare of individuals with disabilities. Nonetheless, the majority of user experiences reflect a deep appreciation for the services provided by Ohio Valley Goodwill Industries over its long-standing history in the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Ohio Valley Goodwill Industries legitimate?
Ohio Valley Goodwill Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Valley Goodwill Industries 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: $1,046,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,326,591
For more financial information, click here
Official website here: www.cincinnatigoodwill.org
What is the mission statement of Ohio Valley Goodwill Industries?
Ohio Valley Goodwill Industries Rehabilitation Center is a part of a national network of Goodwill associations dedicated to helping individuals with disabilities or economic barriers attain full employment. Their mission is to deliver vocational rehabilitation, training, and employment services to those in need. In 2022, they employed over 825 individuals in sheltered workshops, provided vocational rehabilitation to over 825 clients, and recycled 44.14 million pounds of donated goods across their 19 retail outlets. Their operations generated a gross revenue of $27.3 million from donated inventory items, resulting in a net revenue of $5.1 million after factoring the cost of goods sold.
Official website here: www.cincinnatigoodwill.org
Who is the CEO of Ohio Valley Goodwill Industries?
Mark Hiemstra is the CEO of Ohio Valley Goodwill Industries The CEO's salary of Ohio Valley Goodwill Industries is $330,485 and their total compensation is $367,654.
Official website here: www.cincinnatigoodwill.org
What is the revenue of Ohio Valley Goodwill Industries?
Ohio Valley Goodwill Industries's revenue in 2023 was $42,214,024.
Official website here: www.cincinnatigoodwill.org
Who are the executives of Ohio Valley Goodwill Industries and what are their salaries?
The average compensation at Ohio Valley Goodwill Industries during 2023 was $14,173. There are 1508 employees and 40 volunteers at Ohio Valley Goodwill Industries.
Here are 20 key members and their salaries (Ohio Valley Goodwill Industries's CEO's salary is $330,485 and their total compensation is $367,654):
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- Compensation: $330,485
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- Other: $37,169
- Compensation: $200,252
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- Other: $30,644
- Compensation: $408,473
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- Compensation: $170,696
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- Compensation: $136,520
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- Other: $6,753
- Compensation: $125,429
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- Other: $5,781
- Compensation: $115,908
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- Other: $5,325
Official website here: www.cincinnatigoodwill.org
Where can I find the form 990 for Ohio Valley Goodwill Industries?
Ohio Valley Goodwill Industries's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cincinnatigoodwill.org
Learn more at the official website: www.cincinnatigoodwill.org
Mission Statement of Ohio Valley Goodwill Industries
Ohio Valley Goodwill Industries, a renowned member of the national Goodwill network, is dedicated to transforming lives through vocational rehabilitation, training, and employment services. With a mission to bridge the gap for individuals facing disabilities or social and economic barriers, this organization goes above and beyond to help them attain full employment.
By offering sheltered employment, Ohio Valley Goodwill Industries provided jobs for 825 employees with disabilities, alongside 825 vocational rehabilitation clients. Their impressive work extended beyond the workplace, as they recycled a remarkable 44.14 million pounds of donated goods in their 19 retail outlets. This not only resulted in a substantial gross revenue of $27,291,938 derived from the sale of these donated items but also contributed to the local economy and communities.
In the financial year of 2022, the organization's net revenue stood at $5,094,856, a testament to their effective use of resources and commitment to their cause. With a focus on empowering individuals to reach their full potential, Ohio Valley Goodwill Industries continues to make a significant impact, offering opportunities for growth and independence. Providing a second chance at employment, the organization fosters self-sufficiency, enabling individuals to build their lives and contribute positively to their communities.
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Impact
October, 2024
Ohio Valley Goodwill Industries significantly enhances the community by providing vital vocational rehabilitation, training, and employment services. In the past year alone, it created employment opportunities for 825 sheltered employees and supported over 825 clients seeking vocational rehabilitation. This initiative not only empowers individuals facing disabilities or socio-economic barriers but also fosters inclusivity in the workforce.
Beyond direct employment, Ohio Valley Goodwill has made a substantial commitment to sustainability through recycling efforts. By recycling over 44.14 million pounds of donated goods through its 19 retail outlets, the organization not only diverts waste from landfills but also generates substantial revenue—over $27 million in gross revenue in 2022. This financial success allows for continued investment into their vocational services and training programs, ensuring that more individuals can achieve meaningful employment and independence.
Ohio Valley Goodwill’s work not only transforms lives but also strengthens the fabric of the community, making it a crucial player in fostering economic development and environmental stewardship.
This information is meant to be a general summary of Ohio Valley Goodwill Industries. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,156,430
- Program Service Revenue: $9,481,730
- Gross Receipts: $65,569,083
Assets and Liabilities:
- Total Assets: $84,022,879
- Total Liabilities: $11,431,901
- Net Assets: $72,590,978
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDIVIDUAL SERVICES AND TRAINING
Revenue
$5,830,391
CONTRACT SERVICES
Revenue
$3,577,159
CAFETERIA & VENDING
Revenue
$74,180
Organization Details
Founding Year
1916
Principal Officer
Joseph S Byrum
Website
www.cincinnatigoodwill.orgNTEE Category
Code: J30 - Employment
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