Overview
What is Goodwill Industries Of Northwest Ohio Inc?
Goodwill Industries of Northwest Ohio Inc is a prominent nonprofit organization based in Toledo, Ohio. Their primary focus revolves around collecting, processing, and selling donated goods in retail outlets to generate revenue for job readiness skills, training, and education. These opportunities prepare individuals with disabilities and other work-related disadvantages to become independent. Their mission is to build dignity and enhance the quality of life for individuals and families throughout Northwest Ohio. They achieve this by eliminating barriers and providing opportunities. The organization operates 17 locations, including brick-and-mortar retail stores and donation stations. Team members handled over 760,000 transactions, served 362,970 donors, and collected nearly 163,000 pounds of donations from high schools. Simultaneously, they diverted 6.6 million pounds of material from landfills, and their online store, ShopGoodwill.com, is also operational.
Official website here: www.goodwillnwohio.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
Goodwill Industries of Northwest Ohio Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong level of accountability and finance management. With an impressive score of 89 in both overall rating and accountability, the organization demonstrates a commitment to maintaining an independent board and effective oversight practices. The charity has a fully independent board with 14 members, and it scores full points for its audit and oversight committee, conflict of interest policy, and other governance practices.
The organization excels in program expenses, achieving a program expense ratio of 88.22%, which reflects a significant portion of its funds directed towards its mission-related activities. Additionally, it has no reported material diversions of assets, reinforcing its trustworthiness. However, there are some concerns regarding its fundraising efficiency, which received a score of zero, indicating that fundraising efforts may not yield significant returns relative to costs.
Overall, while Goodwill Industries of Northwest Ohio Inc shows strong governance and program spending, potential donors may want to consider its fundraising efficiency when evaluating the charity’s overall effectiveness. Nonetheless, it remains a reputable organization dedicated to its mission and maintaining transparency in its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Northwest Ohio Inc legitimate?
Goodwill Industries Of Northwest Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Northwest 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: $471,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,155,794
For more financial information, click here
Official website here: www.goodwillnwohio.com
What is the mission statement of Goodwill Industries Of Northwest Ohio Inc?
Goodwill Industries of Northwest Ohio Inc strives to improve the lives of individuals and families by eliminating barriers to employment and enhancing dignity. Through their mission services, they provide assessment, job training, and placement for people with disabilities and other work-related disadvantages. Donated goods play a significant role in their operations, with the collection, processing, and sale of these items generating revenue for various programs. Retail locations offer on-the-job training, assessments, and placement opportunities for program participants. Goodwill manages multiple retail stores and donation stations, handling a substantial number of transactions and serving numerous donors. By diverting a large amount of material from landfills, they also contribute to the sustainability of their community.
Official website here: www.goodwillnwohio.com
Who is the CEO of Goodwill Industries Of Northwest Ohio Inc?
Amy Wachob is the President/Ceo of Goodwill Industries Of Northwest Ohio Inc. The CEO's salary of Goodwill Industries Of Northwest Ohio Inc is $184,390 and their total compensation is $227,174.
Official website here: www.goodwillnwohio.com
What is the revenue of Goodwill Industries Of Northwest Ohio Inc?
Goodwill Industries Of Northwest Ohio Inc's revenue in 2022 was $16,597,444.
Official website here: www.goodwillnwohio.com
Who are the executives of Goodwill Industries Of Northwest Ohio Inc and what are their salaries?
The average compensation at Goodwill Industries Of Northwest Ohio Inc during 2022 was $6,372. There are 1197 employees and 14 volunteers at Goodwill Industries Of Northwest Ohio Inc.
Here are 17 key members and their salaries (Goodwill Industries Of Northwest Ohio Inc's CEO's salary is $184,390 and their total compensation is $227,174):
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Official website here: www.goodwillnwohio.com
Where can I find the form 990 for Goodwill Industries Of Northwest Ohio Inc?
Goodwill Industries Of Northwest Ohio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillnwohio.com
Learn more at the official website: www.goodwillnwohio.com
Mission Statement of Goodwill Industries Of Northwest Ohio Inc
Goodwill Industries of Northwest Ohio Inc is a mission-driven organization that empowers individuals and families in Northwest Ohio to achieve independence through work. By eliminating barriers and providing opportunities, Goodwill builds dignity and enhances quality of life.
The cornerstone of Goodwill's efforts is its assessment, job training, and placement programs for people with disabilities and other work-related disadvantages. These services enable participants to develop essential skills and gain employment, fostering self-sufficiency and autonomy. Goodwill's retail outlets play a vital role in this process, serving as training grounds for on-the-job experience and opportunities for assessment and placement.
Goodwill operates a diverse network of brick-and-mortar retail stores and donation stations throughout Northwest Ohio. These establishments not only generate revenue for the organization's mission services but also provide essential space for job training, assessments, and placement opportunities. In 2020, team members handled over 761,000 transactions in these retail stores and served 362,970 donors. Furthermore, Goodwill collected approximately 163,260 pounds of donations from high school donation drives and diverted 6.6 million pounds of material from landfills.
Goodwill Industries of Northwest Ohio Inc's impact extends beyond its retail presence through its commitment to empowering individuals and families to overcome challenges and achieve their full potential. By providing a comprehensive range of services and opportunities, Goodwill is a powerful force for positive change in the community.
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Impact
October, 2024
Goodwill Industries of Northwest Ohio Inc has a profound impact on the community by empowering individuals with disabilities and other work-related barriers to achieve independence through job training and placement services. Through its comprehensive programs, the organization facilitates assessment and readiness for the workforce, ensuring that participants are equipped with the necessary skills for employment.
The cornerstone of its funding comes from the donated goods program, which plays a crucial role in sustaining its mission services. By collecting, processing, and selling donated items, Goodwill generates revenue that directly supports job readiness training, education, and workforce development initiatives. With 13 retail stores and four standalone donation stations across the region, the organization effectively engages the community, handling over 761,000 transactions and serving nearly 363,000 donors each year.
In addition to financial contributions, Goodwill collaborates with local high schools to establish donation drives, resulting in the collection of approximately 163,260 pounds of goods. This not only fosters a sense of community involvement but also promotes sustainability by diverting over 6.6 million pounds of material from landfills. Goodwill's operations extend online through shopgoodwill.com, further expanding its reach and accessibility.
The organization’s mission is clear: to build dignity and enhance the quality of life for individuals and families in Northwest Ohio. By eliminating barriers and providing targeted opportunities for employment, Goodwill fundamentally transforms lives, fostering self-sufficiency and contributing to a stronger, more inclusive community.
This information is meant to be a general summary of Goodwill Industries Of Northwest 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: $163,692
- Program Service Revenue: $2,224,693
- Gross Receipts: $30,442,572
Assets and Liabilities:
- Total Assets: $21,542,244
- Total Liabilities: $10,507,692
- Net Assets: $11,034,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SALES
Revenue
$2,224,693
Organization Details
Founding Year
1933
Phone
(419) 255-0070Principal Officer
Amy Wachob
Main Address
1120 MADISON AVE, TOLEDO, OH, 43604
Website
www.goodwillnwohio.comNTEE Category
Code: J32Z - Employment
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