Overview
What is Goodwill Industries Of The Chesapeake Inc?
Goodwill Industries of the Chesapeake Inc, based in Baltimore, Maryland, is a nonprofit organization dedicated to empowering individuals with physical, mental, or social barriers to employment. Through various business functions, the organization generates revenue that supports its mission and covers operational costs. In 2022, they served 45,082 individuals via workforce development programs, placing 1,081 people into permanent and temporary positions. Goodwill collects usable items for resale in their retail stores and offers transitional employment, extended training, and other supportive services. They also provide work and training opportunities for individuals with severe disabilities through contracts with the federal and state governments. Their mission is to help people secure and retain employment, ultimately leading to successful, independent lives.
Official website here: www.goodwillches.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
Goodwill Industries Of The Chesapeake Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and impact. The organization demonstrates exceptional financial transparency, with an Accountability & Finance score of 87. It has a fully independent board and adheres to best practices in governance, including conflict of interest and whistleblower policies.
The organization excels in its impact measurement, achieving a perfect score of 100 in that category, which indicates it effectively evaluates the outcomes of its programs. Additionally, its Culture & Community score also stands at 100, showing a commitment to fostering a positive environment and inclusive practices. These elements contribute to Goodwill's reputation as a reliable nonprofit.
However, while the Program Expense Ratio and fundraising efficiency are notably high, the liabilities to assets ratio indicates potential financial vulnerabilities that the organization should monitor. Overall, Goodwill Industries Of The Chesapeake Inc stands out for its strong performance in key areas, making it a trustworthy choice for donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of The Chesapeake Inc legitimate?
Goodwill Industries Of The Chesapeake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of The Chesapeake 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: $1,104,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,523,077
For more financial information, click here
Official website here: www.goodwillches.org
What is the mission statement of Goodwill Industries Of The Chesapeake Inc?
Goodwill Industries of the Chesapeake, Inc. is dedicated to helping individuals with physical, mental, or social barriers to employment achieve self-sufficiency and independent lives. Through workforce development programs, they prepare people to secure and retain jobs. The organization generates revenue from various business functions to support its mission and cover operational costs. In 2022, over 45,000 services were provided, including placing 1,081 individuals into permanent and temporary positions. Goodwill trains people by offering transitional employment, extended training, and supportive services. They also provide work and training opportunities for individuals with severe disabilities through federal and state government contracts.
Official website here: www.goodwillches.org
Who is the CEO of Goodwill Industries Of The Chesapeake Inc?
Lisa Rusyniak is the Chair of Goodwill Industries Of The Chesapeake Inc. The CEO's salary of Goodwill Industries Of The Chesapeake Inc is $566,391 and their total compensation is $600,672.
Official website here: www.goodwillches.org
What is the revenue of Goodwill Industries Of The Chesapeake Inc?
Goodwill Industries Of The Chesapeake Inc's revenue in 2022 was $88,183,927.
Official website here: www.goodwillches.org
Who are the executives of Goodwill Industries Of The Chesapeake Inc and what are their salaries?
The average compensation at Goodwill Industries Of The Chesapeake Inc during 2022 was $60,660. There are 406 employees and 29 volunteers at Goodwill Industries Of The Chesapeake Inc.
Here are 37 key members and their salaries (Goodwill Industries Of The Chesapeake Inc's CEO's salary is $566,391 and their total compensation is $600,672):
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- Compensation: $107,577
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- Other: $21,740
Official website here: www.goodwillches.org
Where can I find the form 990 for Goodwill Industries Of The Chesapeake Inc?
Goodwill Industries Of The Chesapeake Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillches.org
Learn more at the official website: www.goodwillches.org
Mission Statement of Goodwill Industries Of The Chesapeake Inc
Goodwill Industries of the Chesapeake, Inc. is a mission-driven organization that focuses on workforce development and providing social services to individuals faced with physical, mental, or other barriers to self-sustaining employment. The organization's primary goal is to prepare people for gainful employment and help them build successful, independent lives.
Through various business functions, Goodwill Industries of the Chesapeake generates revenue that supports its mission and covers the costs of operating its businesses. In 2022, over 45,000 services were rendered to individuals with various social barriers to employment, with 1,081 people being placed in permanent and temporary positions. The organization's commitment to empowering people extends beyond employment as it also trains individuals for work through transitional employment, extended training, and other supporting services.
Furthermore, Goodwill Industries of the Chesapeake offers work and training opportunities for individuals with severe disabilities, ensuring they have access to meaningful employment through custodial and other contracts with the federal and state governments. By providing these opportunities, Goodwill Industries of the Chesapeake plays a crucial role in fostering inclusivity in the workforce and helping individuals overcome the challenges they face, enabling them to lead fulfilling lives.
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Impact
October, 2024
Goodwill Industries of the Chesapeake Inc. significantly impacts the community by providing essential workforce development and support services. In 2022 alone, the organization offered services to over 45,000 individuals facing physical, mental, or other barriers to self-sustaining employment. Among these individuals, 1,081 were successfully placed into permanent and temporary positions, demonstrating the effectiveness of their programs in facilitating job readiness and employment.
Through various business operations, Goodwill generates revenue that directly funds its mission, enabling continuous support for those in need. The organization collects usable items for resale, creating a sustainable model that not only promotes recycling but also helps finance vocational training and transitional employment opportunities. Additionally, Goodwill provides tailored work and training opportunities for individuals with severe disabilities, facilitating their integration into the workforce through contracts with government agencies.
By preparing people to secure and retain employment, Goodwill Industries of the Chesapeake empowers individuals to lead successful, independent lives, thus contributing positively to the overall economic and social well-being of the Baltimore community and beyond.
This information is meant to be a general summary of Goodwill Industries Of The Chesapeake 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: $995,765
- Program Service Revenue: $49,907,757
- Gross Receipts: $88,692,835
Assets and Liabilities:
- Total Assets: $98,618,688
- Total Liabilities: $49,990,963
- Net Assets: $48,627,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATED GOODS- SALES
Revenue
$38,366,012
CONTRACTED SERVICES
Revenue
$9,101,530
CAREER DEVELOPMENT
Revenue
$2,440,215
Organization Details
Founding Year
1919
Phone
(410) 837-1800Principal Officer
Lisa Rusyniak
Main Address
3700 KOPPERS ST STE 200, BALTIMORE, MD, 21227
Website
www.goodwillches.orgNTEE Category
Code: J30 - Employment
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