Overview
What is Goodwill Industries Of Southeastern Michigan Inc?
Goodwill Industries of Southeastern Michigan Inc is a vital nonprofit organization situated in Adrian, Michigan. With a workforce of 466 dedicated individuals, their primary focus is to provide employment opportunities for people encountering various barriers. They achieve this through their retail program, which involves processing and selling donated clothing, household goods, and books. These donations are sold at six retail stores in southeastern Michigan and online. Goods not suitable for retail are sold as salvage, generating revenue that supports their mission. The revenue generated from these sales contributes to their mission of providing exceptional employment opportunities. Their retail activities not only provide job opportunities but also serve as a platform for vocational and training opportunities in retail and online activities.
Official website here: www.goodwillsemi.org
What are the reviews and ratings of this charity?
Goodwill Industries Of Southeastern Michigan Inc has earned a Four-Star out of Four Star rating on Charity Navigator, with an impressive overall score of 90%. This high rating is attributed solely to its strong Accountability & Finance metric, reflecting positively on the organization's fiscal responsibility and transparency. The organization boasts full compliance with best practices in governance, as evidenced by its entirely independent board and well-documented policies for conflict of interest and whistleblower protections.
Strengths highlighted in the evaluation include a high program expense ratio, indicating that a significant portion of its revenues is dedicated to program services. The organization has also demonstrated a commitment to transparency by making its financial statements and various policies readily available to the public. However, there is some limitation noted regarding the lack of data on the salaries of key personnel, which may affect a complete understanding of its financial health.
Unfortunately, user reviews from GreatNonprofits could not be fetched, leaving no additional user insights to enhance the overview of this nonprofit's operations. Overall, Goodwill Industries Of Southeastern Michigan Inc reflects a strong commitment to financial accountability and effective service delivery in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Southeastern Michigan Inc legitimate?
Goodwill Industries Of Southeastern Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Southeastern Michigan 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: $168,547
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,414,446
For more financial information, click here
Official website here: www.goodwillsemi.org
What is the mission statement of Goodwill Industries Of Southeastern Michigan Inc?
Goodwill Industries of Southeastern Michigan Inc is dedicated to providing exceptional opportunities for individuals who encounter employment barriers. Their mission is accomplished through a retail program that offers vocational and training opportunities in retail and online activities. This is achieved by processing and selling donated clothing, household goods, and other items contributed by the public. The unsold textiles, wares, and books are sold as salvage, generating revenue that supports the organization's mission. The revenue generated from these sales aids in providing these opportunities, empowering individuals to overcome employment barriers.
Official website here: www.goodwillsemi.org
Who is the CEO of Goodwill Industries Of Southeastern Michigan Inc?
Keith Chapman is the Chairman of Goodwill Industries Of Southeastern Michigan Inc. The CEO's salary of Goodwill Industries Of Southeastern Michigan Inc is $148,601 and their total compensation is $168,547.
Official website here: www.goodwillsemi.org
What is the revenue of Goodwill Industries Of Southeastern Michigan Inc?
Goodwill Industries Of Southeastern Michigan Inc's revenue in 2022 was $8,793,281.
Official website here: www.goodwillsemi.org
Who are the executives of Goodwill Industries Of Southeastern Michigan Inc and what are their salaries?
The average compensation at Goodwill Industries Of Southeastern Michigan Inc during 2022 was $9,835. There are 466 employees and 40 volunteers at Goodwill Industries Of Southeastern Michigan Inc.
Here are 16 key members and their salaries (Goodwill Industries Of Southeastern Michigan Inc's CEO's salary is $148,601 and their total compensation is $168,547):
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- Compensation: $148,601
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- Other: $19,946
Official website here: www.goodwillsemi.org
Where can I find the form 990 for Goodwill Industries Of Southeastern Michigan Inc?
Goodwill Industries Of Southeastern Michigan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillsemi.org
Learn more at the official website: www.goodwillsemi.org
Mission Statement of Goodwill Industries Of Southeastern Michigan Inc
Goodwill Industries of Southeastern Michigan Inc is dedicated to providing exceptional opportunities for individuals who encounter various employment barriers. Their mission comes to life through their retail program, which offers vocational and training opportunities in retail and online activities. This is accomplished by processing and selling donated clothing, household goods, and books, sourced from the public. Goodwill Industries of Southeastern Michigan Inc operates six retail stores across the region, in addition to an online platform. Items that do not sell in these stores are sold as salvage, contributing to their mission's revenue generation. By doing so, they provide a platform that not only supports their mission but also assists individuals in overcoming employment barriers.
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Impact
July, 2024
Goodwill Industries Of Southeastern Michigan Inc provides exceptional opportunities for people facing employment barriers through its retail program. This program offers vocational and training opportunities in retail and online activities by processing and selling clothing and household goods donated by the public. The revenue generated from the sale of these goods supports the organization's mission of creating employment opportunities for individuals in need. Goodwill's impact is evident in the lives of those it serves, helping them overcome obstacles and achieve financial independence.
This information is meant to be a general summary of Goodwill Industries Of Southeastern Michigan 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: $21,030
- Program Service Revenue: $1,822,665
- Gross Receipts: $10,941,418
Assets and Liabilities:
- Total Assets: $12,103,362
- Total Liabilities: $7,630,707
- Net Assets: $4,472,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
WORKFORCE DEVELOPMENT
Revenue
$1,765,058
BUSINESS SOLUTIONS
Revenue
$57,607
Organization Details
Founding Year
1960
Phone
(517) 263-2135Principal Officer
Keith Chapman
Main Address
1357 DIVISION ST, ADRIAN, MI, 492210805
Website
www.goodwillsemi.orgNTEE Category
Code: J30 - Employment
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