Overview
What is Wabash Valley Goodwill Inc?
Wabash Valley Goodwill Inc, located in Terre Haute, Indiana, is a dedicated nonprofit organization. Their primary mission involves offering employment and on-the-job training opportunities to individuals with disabilities, those facing disadvantages, and others struggling to find employment. They accomplish this through their donated goods program and retail stores. The public contributes clothing and household items, which are then sold in Goodwill community-based retail stores. The revenue generated supports and expands their critical community-based employment programs. Goodwill Industries serves as a pioneer, providing essential services to people with disabilities, those lacking education or job experience, households grappling with economic challenges, and others in need.
Official website here: www.wvgoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Wabash Valley Goodwill Inc has achieved a perfect score of 100%, signifying its strong commitment to accountability and financial transparency. This four-star rating reflects the organization’s effective governance, with a fully independent board and robust oversight mechanisms. The charity excels in maintaining clear financial practices, with no material diversions of assets reported, which enhances trust among donors and stakeholders.
The organization's financial health is also commendable, with a program expense ratio of 86.48%, indicating that a significant portion of its funds directly supports its mission. Additionally, the fundraising efficiency ratio of $0.00 highlights its ability to manage costs effectively, ensuring that resources are maximized for program services rather than administrative expenses. The working capital ratio of 1.66 years further reinforces its financial stability.
Overall, Wabash Valley Goodwill Inc demonstrates exemplary performance in accountability and financial management, making it a reliable choice for donors looking to support a nonprofit with ethical practices and effective outcomes. There are no notable limitations or concerns mentioned in the data, positioning the organization as a leader in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Wabash Valley Goodwill Inc legitimate?
Wabash Valley Goodwill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wabash Valley Goodwill 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,842,503
For more financial information, click here
Official website here: www.wvgoodwill.org
What is the mission statement of Wabash Valley Goodwill Inc?
Wabash Valley Goodwill Inc serves as a nonprofit organization, offering employment and essential community-based services to individuals facing various challenges. These challenges include having a disability, lacking education or job experience, and households dealing with economic difficulties, among others in need. The organization's mission is to provide employment opportunities and on-the-job training through its donated goods program and retail stores. Goodwill accepts donations of clothing and household items from the public, which are then sold in community-based retail stores. The revenue generated from these sales supports and expands the critical employment programs offered by the organization.
Official website here: www.wvgoodwill.org
Who is the CEO of Wabash Valley Goodwill Inc?
Meredith Osburn is the Director of Wabash Valley Goodwill Inc. The CEO's salary of Wabash Valley Goodwill Inc is $153,474 and their total compensation is $153,474.
Official website here: www.wvgoodwill.org
What is the revenue of Wabash Valley Goodwill Inc?
Wabash Valley Goodwill Inc's revenue in 2022 was $6,760,801.
Official website here: www.wvgoodwill.org
Who are the executives of Wabash Valley Goodwill Inc and what are their salaries?
Here are 14 key members and their salaries (Wabash Valley Goodwill Inc's CEO's salary is $153,474 and their total compensation is $153,474):
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- Compensation: $43,849
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Official website here: www.wvgoodwill.org
Where can I find the form 990 for Wabash Valley Goodwill Inc?
Wabash Valley Goodwill Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wvgoodwill.org
Learn more at the official website: www.wvgoodwill.org
Mission Statement of Wabash Valley Goodwill Inc
Wabash Valley Goodwill Inc is a dedicated nonprofit organization that offers employment and various essential community-based services to individuals facing challenges such as disabilities, lack of education or job experience, and households struggling economically. Its mission is to provide a supportive environment, fostering opportunities for personal growth and self-sufficiency. By accepting donated goods from the public and selling them in community-based retail stores, Wabash Valley Goodwill Inc generates revenue that directly funds and expands its critical employment programs. This revenue allows the organization to offer on-the-job training and employment opportunities to individuals with disabilities, as well as those encountering difficulties in securing employment. The ultimate goal of Wabash Valley Goodwill Inc is to empower these individuals, helping them overcome their challenges and lead more fulfilling lives.
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Impact
October, 2024
Wabash Valley Goodwill Inc plays a vital role in the community by providing essential employment and training services to individuals facing various challenges. Through its donated goods and retail programs, it creates job opportunities and on-the-job training for those with disabilities, people lacking education or job experience, and households dealing with economic hardships.
By accepting clothing and household items from the public, Wabash Valley Goodwill Inc not only supports environmental sustainability through recycling but also uses the revenue generated from the sale of these donations to expand its community-based employment programs. This approach not only helps individuals gain the skills and experience needed for gainful employment but also fosters greater inclusivity and economic stability in the community of Terre Haute and beyond.
In essence, Wabash Valley Goodwill Inc is a catalyst for positive change, empowering individuals to overcome barriers and improve their lives while making a significant contribution to the local economy.
This information is meant to be a general summary of Wabash Valley Goodwill 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: $161,275
- Program Service Revenue: $582,907
- Gross Receipts: $11,698,855
Assets and Liabilities:
- Total Assets: $12,489,719
- Total Liabilities: $2,883,904
- Net Assets: $9,605,815
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALVAGE AND RECYCLING
Revenue
$576,931
CONTRACT WORK
Revenue
$5,976
Organization Details
Founding Year
1927
Phone
(812) 235-1827Principal Officer
Meredith Osburn
Main Address
2702 S THIRD STREET, TERRE HAUTE, IN, 47802
Website
www.wvgoodwill.orgNTEE Category
Code: J320 - Employment
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