Overview
What is Mersmissouri Goodwill Industries?
Mersmissouri Goodwill Industries is a well-established nonprofit organization based in St. Louis, Missouri. With over 40 locations across the state, they receive more than one million donations annually. At the heart of their mission is the integration of charitable activities, services, and programs, creating a unique work environment. This environment focuses on workforce development and employment services, offering occupational skills training, work experience, employment opportunities, and job coaching for individuals with employment barriers and those within the community. Mersmissouri Goodwill Industries aims to help persons with barriers to employment live more independently in the community. Their retail operations, one of the original mission-based enterprise concepts, serve as a significant source of revenue for the organization.
Official website here: www.mersgoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Mersmissouri Goodwill Industries has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of transparency and accountability in its operations. The organization's score is notably strong in Accountability & Finance, where it received a score of 96%. This reflects effective financial management practices and a commitment to maximizing program expenses, with a program expense ratio of 95.34%.
In terms of Leadership & Adaptability, Mersmissouri Goodwill Industries scored a perfect 100%, showcasing a well-structured governance model with a fully independent board comprising 27 members. The organization also implements various policies, such as conflict of interest and whistleblower protections, which contribute to its strong ethical foundation. The commitment to public accountability is further demonstrated by the availability of financial statements and board member information on its website.
While the organization exhibits several strengths, the working capital ratio of 0.55 years may suggest a potential area for improvement in financial reserves. Overall, Mersmissouri Goodwill Industries stands out as a well-managed nonprofit dedicated to its mission, with robust governance and accountability practices in place.
This AI summary has been generated from information found on Charity Navigator.
Is Mersmissouri Goodwill Industries legitimate?
Mersmissouri Goodwill Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mersmissouri Goodwill Industries 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: $1,494,314
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,122,955
For more financial information, click here
Official website here: www.mersgoodwill.org
What is the mission statement of Mersmissouri Goodwill Industries?
Mersmissouri Goodwill Industries is dedicated to providing opportunities for individuals with employment barriers to work and live more independently. The organization's mission is to create an integrated work environment that merges mission-focused activities and programs. This unique approach offers workforce development and employment services through occupational skills training, work experience, employment opportunities, and job coaching. By providing these resources, Mersmissouri Goodwill Industries empowers its clients and members of the community to overcome employment obstacles and achieve greater independence. The organization's retail operations, such as Goodwill stores, are an original mission-based enterprise concept, and the blend of charitable mission and business operations offers numerous opportunities for growth and development.
Official website here: www.mersgoodwill.org
Who is the CEO of Mersmissouri Goodwill Industries?
Mark Arens is the Principal Officer of Mersmissouri Goodwill Industries. The CEO's salary of Mersmissouri Goodwill Industries is $325,048 and their total compensation is $359,516.
Official website here: www.mersgoodwill.org
What is the revenue of Mersmissouri Goodwill Industries?
Mersmissouri Goodwill Industries's revenue in 2022 was $224,423,747.
Official website here: www.mersgoodwill.org
Who are the executives of Mersmissouri Goodwill Industries and what are their salaries?
The average compensation at Mersmissouri Goodwill Industries during 2022 was $14,064. There are 4310 employees and 28 volunteers at Mersmissouri Goodwill Industries.
Here are 36 key members and their salaries (Mersmissouri Goodwill Industries's CEO's salary is $325,048 and their total compensation is $359,516):
- Compensation: $333,395
- Related: $0
- Other: $49,736
- Compensation: $342,384
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- Other: $38,571
- Compensation: $350,726
- Related: $0
- Other: $19,986
- Compensation: $325,048
- Related: $0
- Other: $34,468
- Compensation: $213,553
- Related: $0
- Other: $43,178
- Compensation: $198,363
- Related: $0
- Other: $19,968
- Compensation: $174,952
- Related: $0
- Other: $31,674
- Compensation: $171,879
- Related: $0
- Other: $19,061
- Compensation: $153,202
- Related: $0
- Other: $36,670
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Official website here: www.mersgoodwill.org
Where can I find the form 990 for Mersmissouri Goodwill Industries?
Mersmissouri Goodwill Industries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mersgoodwill.org
Learn more at the official website: www.mersgoodwill.org
Mission Statement of Mersmissouri Goodwill Industries
Mersmissouri Goodwill Industries, a mission-driven organization, strives to offer opportunities for individuals with employment barriers to work and live more independently in their communities. The organization's primary goal is to provide a unique work environment, integrating mission-focused activities, services, and programs.
Through various operations, Mersmissouri Goodwill Industries offers workforce development and employment services. These services encompass occupation skills training, work experience, employment opportunities, and job coaching for clients and members of the community. The organization's retail operations, particularly its Goodwill stores, serve as one of the original mission-based enterprise concepts, contributing significantly to its cause.
Mersmissouri Goodwill Industries' integrated work environment is tailored to charitable mission and offers a comprehensive approach to empowering individuals. By receiving over one million donations annually across its over 40 locations in Missouri, the organization transforms these contributions into opportunities, creating a cycle of giving and growth. The organization's mission integration ensures that every aspect of its enterprise, from retail to employment services, contributes to its core purpose of helping people with barriers to employment achieve greater independence.
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Impact
October, 2024
Mersmissouri Goodwill Industries significantly impacts the community by providing opportunities for individuals facing employment barriers to achieve independence and self-sufficiency. Through its extensive network of over 40 retail locations across Missouri, the organization creates a vibrant marketplace that not only generates revenue but also serves as a platform for workforce development and training.
The retail operations are designed to integrate mission-focused activities with robust employment services. This approach enables individuals to gain valuable occupational skills through hands-on experience, job coaching, and support tailored to their unique needs. By facilitating access to training and job placement, Mersmissouri Goodwill Industries empowers its clients to overcome barriers and secure sustainable employment.
Moreover, the organization's commitment to mission integration enhances the effectiveness of its programs, fostering an inclusive environment that benefits both clients and the community. With over one million donations received annually, Mersmissouri Goodwill Industries plays a pivotal role in fostering a culture of giving, while simultaneously impacting the local economy and enhancing the quality of life for many individuals in the St. Louis region and beyond.
This information is meant to be a general summary of Mersmissouri Goodwill Industries. 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: -$1,099,897
- Program Service Revenue: $109,451,765
- Gross Receipts: $230,312,702
Assets and Liabilities:
- Total Assets: $156,342,055
- Total Liabilities: $52,585,040
- Net Assets: $103,757,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STORES & SALVAGE SALES
Revenue
$98,276,482
EMPLOYMENT & TRAINING
Revenue
$7,426,509
CONTRACT JANITORIAL SERVICE
Revenue
$3,748,774
Organization Details
Founding Year
1938
Phone
(314) 241-3464Principal Officer
Mark Arens
Main Address
1727 Locust Street, St Louis, MO, 63103
Website
www.mersgoodwill.orgNTEE Category
Code: P20 - Human services
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