Overview
What is Rappahannock Goodwill Industries Inc?
Rappahannock Goodwill Industries Inc, located in Fredericksburg, Virginia, serves as a pioneering nonprofit organization. Their primary mission is to foster employment opportunities and provide job training, empowering individuals to overcome employment barriers. They accomplish this by engaging in commercial operations, offering contract work for various businesses, government entities, and community partners. This arrangement provides a diverse range of work experiences and training environments, including custodial services and support services. Their goal is to create local jobs, equip people with the necessary skills to succeed, and remove obstacles to employment. With a workforce of 642 individuals, Rappahannock Goodwill Industries Inc is committed to making a significant impact in the community.
Official website here: www.fredgoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Rappahannock Goodwill Industries Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial management. The organization scored 97% overall, primarily due to its robust accountability measures, independent board governance, and effective financial oversight. Positive indicators include a strong program expense ratio and no material diversion of assets, suggesting that the majority of funds are directed towards its mission.
However, user feedback on platforms like GreatNonprofits presents a contrasting perspective. One reviewer expressed concern over the wages paid to handicapped workers, stating that they receive significantly lower pay due to a government contract that allows this practice. This raises ethical questions about the organization's treatment of vulnerable employees and whether it aligns with its stated mission of helping those in need.
While Rappahannock Goodwill Industries Inc demonstrates strong financial practices, the criticisms regarding employee wages highlight a potential area of improvement. Balancing organizational efficiency with equitable treatment of workers is crucial for maintaining public trust and support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Rappahannock Goodwill Industries Inc legitimate?
Rappahannock Goodwill Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rappahannock Goodwill Industries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,593,927
For more financial information, click here
Official website here: www.fredgoodwill.org
What is the mission statement of Rappahannock Goodwill Industries Inc?
Rappahannock Goodwill Industries Inc's mission is centered around creating employment opportunities locally. They prepare individuals to succeed in their professional lives, while also assisting them in overcoming any barriers they may face. Their activities are geared towards providing contract work for various businesses and government entities, offering diverse work experience and training environments, such as custodial services and support services. This approach empowers individuals to build their skills and confidence, ultimately enabling them to secure and maintain long-term employment.
Official website here: www.fredgoodwill.org
Who is the CEO of Rappahannock Goodwill Industries Inc?
Stephen A Cox is the Past Chair of Rappahannock Goodwill Industries Inc. The CEO's salary of Rappahannock Goodwill Industries Inc is $336,838 and their total compensation is $336,838.
Official website here: www.fredgoodwill.org
What is the revenue of Rappahannock Goodwill Industries Inc?
Rappahannock Goodwill Industries Inc's revenue in 2022 was $3,409,502.
Official website here: www.fredgoodwill.org
Who are the executives of Rappahannock Goodwill Industries Inc and what are their salaries?
The average compensation at Rappahannock Goodwill Industries Inc during 2022 was $2,483. There are 642 employees at Rappahannock Goodwill Industries Inc.
Here are 19 key members and their salaries (Rappahannock Goodwill Industries Inc's CEO's salary is $336,838 and their total compensation is $336,838):
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- Compensation: $336,838
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- Compensation: $105,609
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- Compensation: $124,736
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Official website here: www.fredgoodwill.org
Where can I find the form 990 for Rappahannock Goodwill Industries Inc?
Rappahannock Goodwill Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fredgoodwill.org
Learn more at the official website: www.fredgoodwill.org
Mission Statement of Rappahannock Goodwill Industries Inc
Rappahannock Goodwill Industries Inc is committed to creating employment opportunities locally and helping individuals overcome barriers to success in the workforce. Their mission is to prepare people for successful careers by providing them with job training and contract work opportunities. Through their commercial operations, they offer various work experiences and training environments, including custodial services and other support services, to businesses, federal, state, and local governments, and community partners. This approach allows individuals to gain valuable experience and improve their skills, ultimately leading to increased employment prospects. By fostering an environment that empowers individuals to overcome challenges, Rappahannock Goodwill Industries Inc plays a crucial role in strengthening the local workforce and improving community well-being.
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Impact
July, 2024
Rappahannock Goodwill Industries Inc creates jobs locally, prepares individuals to succeed in the workforce, and helps them overcome barriers to employment. Through their commercial operations, they provide job training opportunities and contract work for businesses, government agencies, and community partners. This organization offers diverse work experiences and training environments, including custodial services and other support services. Their impact is seen in the opportunities they provide for individuals to gain valuable skills, secure employment, and overcome obstacles to achieving economic independence.
This information is meant to be a general summary of Rappahannock Goodwill Industries 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: $161,646
- Program Service Revenue: $1,795,425
- Gross Receipts: $3,409,502
Assets and Liabilities:
- Total Assets: $23,981,998
- Total Liabilities: $2,622,025
- Net Assets: $21,359,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES/CONTRACTS FROM GO
Revenue
$1,576,532
OTHER PROGRAM SERVICES
Revenue
$218,893
Organization Details
Founding Year
1966
Phone
(540) 371-3070Principal Officer
Stephen A Cox
Main Address
4701 MARKET STREET SUITE A, FREDERICKSBURG, VA, 22408
Website
www.fredgoodwill.orgNTEE Category
Code: J30 - Employment
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