Overview
What is Goodwill Industries Of Northern Il And Wi Stateline Area Inc?
Goodwill Industries of Northern Il and Wi Stateline Area Inc is a reputable nonprofit organization with a mission to create opportunities for individuals with various barriers to enhance their lives. Based in Rockford, Illinois, they operate in an 18-county area with 12 locations, offering a unique retail shopping experience where customers can find hidden treasures and great value. Simultaneously, the organization acts as a convenient donation center where individuals, companies, and organizations can contribute used clothing and household items, preventing over 6.72 million pounds of goods from entering landfills and instead recycling them. These donations generate sales revenue necessary to fuel the organization's mission, which includes training, employment, and supportive services for individuals with disabilities, lack of education, job preparation, socio-economic disadvantages, and other barriers. Through community programs, case management, vocational training, and financial programs and services, Goodwill helps individuals find and maintain employment, manage their finances effectively, and acquire the necessary training to succeed in the communities they serve. In 2022, they generated $1,312,000 in retail sales tax and paid employee income taxes exceeding $1,042,000, further solidifying their role as a strong corporate citizen.
Official website here: www.goodwillni.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Goodwill Industries of Northern IL and WI Stateline Area Inc has received a high score of 95%, which reflects strong performance in areas such as accountability and finance. The organization boasts a 100% independent board and excels in its financial oversight, with no material diversion of assets reported. Additionally, it has well-established policies for conflict of interest, whistleblower protection, and document retention, all contributing to its positive rating.
The nonprofit is also commendable for its efficient allocation of resources, as evidenced by a program expense ratio of 93.53%, indicating that a significant portion of its funds is directed toward its programs and services. While the culture and community score is relatively solid at 83, it suggests there may be room for improvement in engaging with the community and enhancing its equity strategies. Overall, Goodwill Industries demonstrates strong operational integrity and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Northern Il And Wi Stateline Area Inc legitimate?
Goodwill Industries Of Northern Il And Wi Stateline Area Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Northern Il And Wi Stateline Area 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: $436,709
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,723,038
For more financial information, click here
Official website here: www.goodwillni.org
What is the mission statement of Goodwill Industries Of Northern Il And Wi Stateline Area Inc?
Goodwill Industries of Northern IL and Wi Stateline Area Inc is dedicated to creating opportunities for individuals facing various barriers in their lives. These barriers can include physical or mental disabilities, lack of education and job preparation, socio-economic disadvantages, and more. The organization offers community programs, case management, vocational training, and financial services to help individuals overcome these challenges. By providing employment assistance, financial management skills, and essential training, Goodwill empowers people to succeed in their communities. The mission of Goodwill is to enhance the lives of individuals with barriers, enabling them to reach their full potential.
Official website here: www.goodwillni.org
Who is the CEO of Goodwill Industries Of Northern Il And Wi Stateline Area Inc?
Benjamin Bernsten is the Board Chairman of Goodwill Industries Of Northern Il And Wi Stateline Area Inc.
Official website here: www.goodwillni.org
What is the revenue of Goodwill Industries Of Northern Il And Wi Stateline Area Inc?
Goodwill Industries Of Northern Il And Wi Stateline Area Inc's revenue in 2022 was $41,103,226.
Official website here: www.goodwillni.org
Who are the executives of Goodwill Industries Of Northern Il And Wi Stateline Area Inc and what are their salaries?
The average compensation at Goodwill Industries Of Northern Il And Wi Stateline Area Inc during 2022 was $11,702. There are 1210 employees and 75 volunteers at Goodwill Industries Of Northern Il And Wi Stateline Area Inc.
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- Compensation: $101,108
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- Other: $19,610
Official website here: www.goodwillni.org
Where can I find the form 990 for Goodwill Industries Of Northern Il And Wi Stateline Area Inc?
Goodwill Industries Of Northern Il And Wi Stateline Area Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillni.org
Learn more at the official website: www.goodwillni.org
Mission Statement of Goodwill Industries Of Northern Il And Wi Stateline Area Inc
Goodwill Industries of Northern Il and Wi Stateline Area Inc is a mission-driven organization that creates opportunities for individuals with various barriers to enhance their lives. The barriers encompass physical or mental disabilities, lack of education and job preparation, socio-economic disadvantages, and other challenges.
The heart of Goodwill's mission lies in providing community programs, case management, vocational training, and supportive financial services for individuals confronting these obstacles. By offering these resources, Goodwill enables individuals to not only find employment but also maintain stable jobs, effectively manage their finances, and obtain the necessary training for achieving success in their communities.
Goodwill Industries of Northern Il and Wi Stateline Area Inc is dedicated to empowering its clients to overcome their challenges and reach their full potential. Through its comprehensive approach, the organization addresses the multifaceted needs of individuals, fostering a supportive environment that encourages personal growth and self-sufficiency. By doing so, it contributes to building stronger communities and promoting social inclusion.
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Impact
October, 2024
Goodwill Industries of Northern Illinois and Wisconsin Stateline Area has a profound impact on the local community by creating opportunities for individuals facing barriers to employment. Through various programs focused on training, employment, and supportive services, it addresses the needs of those with physical or mental disabilities, lack of education, and socio-economic disadvantages.
The organization operates 12 retail locations within an 18-county area, providing a unique shopping experience while promoting sustainability. In 2022 alone, Goodwill recycled over 6.72 million pounds of goods, diverting them from landfills. This model not only offers great value to shoppers but also serves as a crucial source of revenue that funds vital skills training for participants with disabilities.
Goodwill’s influence extends beyond retail; it is a significant contributor to the local economy. In 2022, the organization generated $1.3 million in retail sales taxes and contributed over $1 million in employee income taxes, reinforcing its role as a strong corporate citizen. Through community programs, case management, and vocational training, Goodwill empowers individuals to find and maintain employment, manage their finances effectively, and achieve success in their lives.
By fostering a culture of inclusion and support, Goodwill Industries of Northern Illinois and Wisconsin Stateline Area not only enhances individual lives but also strengthens the broader community.
This information is meant to be a general summary of Goodwill Industries Of Northern Il And Wi Stateline Area 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: $23,116
- Program Service Revenue: $24,626,997
- Gross Receipts: $41,123,818
Assets and Liabilities:
- Total Assets: $32,716,738
- Total Liabilities: $12,126,543
- Net Assets: $20,590,195
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORE SALES
Revenue
$22,696,286
SALVAGE SALES
Revenue
$1,930,711
Organization Details
Founding Year
1936
Phone
(815) 965-3795Principal Officer
Benjamin Bernsten
Main Address
850 N CHURCH ST, ROCKFORD, IL, 61103
Website
www.goodwillni.orgNTEE Category
Code: J30 - Employment
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