Overview
What is The Goodwill Industries Of Akron Ohio Inc?
The Goodwill Industries of Akron, Ohio Inc is a not-for-profit corporation based at 570 E Waterloo Rd, Akron, OH 44319. They accept donations of items from generous donors through their retail stores, attended donation sites, and estate or home pickups. These donated goods are sold in their 14 retail stores, boutique, online, in eBooks, or through auto auctions. Unsold donations are then sold as salvage to prevent waste and generate income for their mission. With a workforce of 936 employees, the organization helps individuals prepare for, find, and retain employment. Their services extend to the five-county region of Summit, Portage, Medina, Ashland, and Richland. Indirectly, Goodwill strengthens the region's workforce through the net proceeds from their retail outlets and contract services division. Their primary mission is to provide training and employment opportunities for individuals in need.
Official website here: www.goodwillakron.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Goodwill Industries of Akron, Ohio has received a perfect score of 100% from Charity Navigator, reflecting exemplary accountability and financial practices. The organization boasts a fully independent board of 29 members, indicating strong governance. Additionally, their financial oversight mechanisms, including a well-functioning Audit and Oversight Committee, have earned them top scores in critical areas such as material diversion of assets and conflict of interest policies.
Feedback from users further emphasizes the positive impact of the organization. A donor highlighted their satisfaction with Goodwill's operations, noting that the charity effectively repurposes donated items to support education and employment initiatives. This indicates a strong alignment between the organization's mission and community needs, enhancing its appeal to supporters.
While there are no significant limitations reported in the available data, the focus on financial health and governance excellence suggests that Goodwill Industries of Akron, Ohio operates with a high level of transparency and efficiency, making it a trustworthy nonprofit to support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Goodwill Industries Of Akron Ohio Inc legitimate?
The Goodwill Industries Of Akron Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Goodwill Industries Of Akron Ohio 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: $659,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,344,573
For more financial information, click here
Official website here: www.goodwillakron.org
What is the mission statement of The Goodwill Industries Of Akron Ohio Inc?
The Goodwill Industries of Akron Ohio Inc is a not-for-profit organization dedicated to helping individuals secure employment. Through its operations, Goodwill provides training services and sells donated goods to support this mission. The organization serves a five-county region, directly strengthening the workforce with its employment programs and indirectly through the revenue generated from its retail outlets and contract services division. Goodwill's primary goal is to empower unemployed individuals and contribute to the overall economic growth of the community.
Official website here: www.goodwillakron.org
Who is the CEO of The Goodwill Industries Of Akron Ohio Inc?
Nancy Ellis Mcclenaghan is the Chair of The Goodwill Industries Of Akron Ohio Inc. The CEO's salary of The Goodwill Industries Of Akron Ohio Inc is $148,918 and their total compensation is $167,343.
Official website here: www.goodwillakron.org
What is the revenue of The Goodwill Industries Of Akron Ohio Inc?
The Goodwill Industries Of Akron Ohio Inc's revenue in 2022 was $27,203,067.
Official website here: www.goodwillakron.org
Who are the executives of The Goodwill Industries Of Akron Ohio Inc and what are their salaries?
The average compensation at The Goodwill Industries Of Akron Ohio Inc during 2022 was $10,688. There are 936 employees and 95 volunteers at The Goodwill Industries Of Akron Ohio Inc.
Here are 37 key members and their salaries (The Goodwill Industries Of Akron Ohio Inc's CEO's salary is $148,918 and their total compensation is $167,343):
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- Compensation: $148,918
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- Other: $809
Official website here: www.goodwillakron.org
Where can I find the form 990 for The Goodwill Industries Of Akron Ohio Inc?
The Goodwill Industries Of Akron Ohio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillakron.org
Learn more at the official website: www.goodwillakron.org
Mission Statement of The Goodwill Industries Of Akron Ohio Inc
The Goodwill Industries of Akron Ohio Inc is a not-for-profit corporation that makes a significant impact on people's lives by helping them prepare for, find, and retain employment. This mission-driven organization serves the five-county region of Summit, Portage, Medina, Ashland, and Richland.
Goodwill Industries of Akron Ohio goes beyond just providing employment opportunities. It directly strengthens the regional workforce through its employment programs. The organization's efforts extend beyond its immediate impact, as it generates net proceeds from its retail outlets and contract services division. This indirect contribution to the workforce is a testament to Goodwill's commitment to community development.
Goodwill Industries of Akron Ohio is more than just a charity; it's a beacon of hope for individuals seeking employment opportunities. By selling donated goods, the organization raises funds to support its mission. Additionally, it provides training services, empowering people with the skills they need to succeed in the workforce and build better lives for themselves and their families. The organization's employment programs encompass various aspects, from job readiness training to vocational skills development and career advancement services. Through its comprehensive approach, Goodwill Industries of Akron Ohio fosters self-sufficiency and independence, ultimately contributing to a stronger community.
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Impact
October, 2024
The Goodwill Industries of Akron, Ohio Inc. significantly impacts the local community by facilitating employment opportunities and workforce development. By selling donated goods through its 14 retail stores and additional platforms, it generates essential revenue that fuels its training programs.
In 2022, Goodwill engaged 189 individuals in various employment training experiences, helping them acquire skills that are crucial for securing and maintaining jobs. This initiative not only aids those directly involved but also strengthens the overall workforce in the five-county region of Summit, Portage, Medina, Ashland, and Richland.
Moreover, Goodwill plays a vital role in promoting sustainability by diverting unused or unsold items from landfills through its outlet store and salvage sales. This commitment to recycling and resourcefulness reflects its broader mission to enhance community well-being while supporting individuals on their journey toward economic self-sufficiency.
This information is meant to be a general summary of The Goodwill Industries Of Akron Ohio 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $451,543
- Program Service Revenue: $19,833,578
- Gross Receipts: $29,728,066
Assets and Liabilities:
- Total Assets: $24,270,955
- Total Liabilities: $5,368,191
- Net Assets: $18,902,764
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATED GOODS
Revenue
$16,472,212
CONTRACT SERVICES
Revenue
$2,359,009
WORKFORCE DEVELOPMENT
Revenue
$1,002,357
Organization Details
Founding Year
1927
Phone
(330) 724-6995Principal Officer
Nancy Ellis Mcclenaghan
Main Address
570 E WATERLOO RD, AKRON, OH, 44319
Website
www.goodwillakron.orgNTEE Category
Code: J30 - Employment
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