Overview
What is Goodwill Industries Of Sw Michigan?
Goodwill Industries of Southwest Michigan is a thriving nonprofit organization based in Kalamazoo, Michigan. Their commercial services division, well-known to the public, gains support from community donations of pre-owned items, including clothing, household goods, toys, electronics, vehicles, and cars. These donations undergo processing and are sold in Goodwill retail outlets. The workers engaged in this endeavor obtain valuable work skills, with jobs involving collection, sorting, processing, pricing, stocking, and selling these items. The revenues obtained from the retail sales of these goods fund the wages of the workers and finance Goodwill programs and services. The mission of Goodwill Industries of Southwest Michigan is to enhance the community by offering employment, education, training, and personalized support services tailored to individual requirements. With approximately 500 employees, they continue their commitment to improving lives and uplifting the local community.
Official website here: www.goodwillswmi.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that Goodwill Industries of SW Michigan has an exceptional level of accountability and financial management. The organization demonstrates a strong commitment to transparency, with all board members being independent and having robust oversight practices. Their high program expense ratio of 90.82% shows that a significant portion of their funds is directed toward their programs, particularly in supporting low-income families.
User reviews from Great Nonprofits highlight the effectiveness of their Life Guides program, which has received praise for its innovative approach to helping families exit poverty over an extended period. Reviewers commend the commitment and dedication of the staff, indicating that the organization is making a meaningful impact in the community. The Life Guides program is specifically noted for its long-term support, which many believe is crucial for real change.
While the organization excels in various areas, some challenges are noted in their fundraising efficiency, which received a low score. However, the overwhelmingly positive feedback from the community and the high accountability scores suggest that Goodwill Industries of SW Michigan is well-regarded and making significant strides in addressing poverty through its programs.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Goodwill Industries Of Sw Michigan legitimate?
Goodwill Industries Of Sw Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Sw Michigan 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: $160,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,663,391
For more financial information, click here
Official website here: www.goodwillswmi.org
What is the mission statement of Goodwill Industries Of Sw Michigan?
Goodwill Industries of Sw Michigan strives to enhance the community by offering tailored employment, education, training, and support services to individuals in need. Their mission is brought to life through their commercial services division, which processes and resells donated items, providing valuable work experience for workers. These individuals acquire essential skills through tasks such as collecting, sorting, processing, pricing, stocking, and selling donated goods in Goodwill retail outlets. The revenues generated from these sales fund the wages of the workers and finance Goodwill programs and services. In 2022, the commercial services division generated a total revenue of 10,939,998 dollars.
Official website here: www.goodwillswmi.org
Who is the CEO of Goodwill Industries Of Sw Michigan?
Michael Jones is the President & of Goodwill Industries Of Sw Michigan.
Official website here: www.goodwillswmi.org
What is the revenue of Goodwill Industries Of Sw Michigan?
Goodwill Industries Of Sw Michigan's revenue in 2022 was $13,599,220.
Official website here: www.goodwillswmi.org
Who are the executives of Goodwill Industries Of Sw Michigan and what are their salaries?
The average compensation at Goodwill Industries Of Sw Michigan during 2022 was $13,648. There are 500 employees and 56 volunteers at Goodwill Industries Of Sw Michigan.
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Official website here: www.goodwillswmi.org
Where can I find the form 990 for Goodwill Industries Of Sw Michigan?
Goodwill Industries Of Sw Michigan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillswmi.org
Learn more at the official website: www.goodwillswmi.org
Mission Statement of Goodwill Industries Of Sw Michigan
Goodwill Industries Of Sw Michigan is a community-improving organization with a mission to provide employment, education, training, and support services tailored to individual needs. Through their commercial services division, they transform donations of gently used items into opportunities for employment and skill development.
The organization's vision comes to life through their retail outlets, where the community's donations of clothing, household items, toys, working electronics, cars, and other vehicles are processed and resold. The workers, an integral part of the Goodwill Industries Of Sw Michigan team, learn valuable work skills as they collect, sort, process, price, stock, and sell these items.
The revenues generated from the sales in the Goodwill retail outlets fund the organization's programs and services, providing the wages for the workers. In the year 2022, the commercial services division of Goodwill Industries Of Sw Michigan generated a total revenue of 10,939,998 dollars. This cycle of donations, sales, and community impact is at the heart of Goodwill Industries Of Sw Michigan's mission to improve the community.
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Impact
October, 2024
Goodwill Industries of Southwest Michigan makes a significant impact in the community by focusing on employment, education, training, and support services tailored to individual needs. Through its various initiatives, it helps individuals develop valuable job skills, gain experience, and ultimately secure meaningful employment.
The organization operates retail outlets that sell gently used clothing, household items, toys, working electronics, and vehicles donated by the community. This not only provides an avenue for recycling and reusing goods but also generates essential revenue, totaling over $10.9 million in 2022. This income supports wages for workers involved in sorting, processing, pricing, stocking, and selling donated items, ensuring that they gain practical experience in a work environment.
Moreover, Goodwill's efforts extend beyond retail by offering tailored support services that empower individuals to achieve their career goals. These programs create pathways for personal and professional growth, contribute to workforce development in the region, and ultimately enhance the overall quality of life within the community. Through its holistic approach, Goodwill Industries of Southwest Michigan plays a vital role in uplifting individuals and fostering a stronger, more inclusive community.
This information is meant to be a general summary of Goodwill Industries Of Sw Michigan. 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: $62,905
- Program Service Revenue: $2,464,695
- Gross Receipts: $14,292,333
Assets and Liabilities:
- Total Assets: $18,604,961
- Total Liabilities: $1,780,640
- Net Assets: $16,824,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORE SALES
Revenue
$1,876,936
CONTRACT SALES
Revenue
$587,759
Organization Details
Founding Year
1956
Phone
(269) 382-0490Principal Officer
Michael Jones
Main Address
420 EAST ALCOTT STREET, KALAMAZOO, MI, 49001
Website
www.goodwillswmi.orgNTEE Category
Code: J32Z - Employment
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