Overview
What is Goodwill Industries Of Central North Car?
Goodwill Industries of Central North Carolina is a prominent nonprofit organization based in Greensboro, North Carolina. Their mission revolves around promoting the value of work by providing career development services and work opportunities for individuals in need. They achieve this through the operation of 25 retail stores located in Alamance, Caswell, Rockingham, Randolph, and Guilford Counties. These stores receive, process, and sell donated goods from over 400,000 community members. The revenue generated from retail sales is the primary source of funding for the organization's workforce development programs. In addition, their recycling initiatives have expanded to over 20 product lines, preventing approximately 9 million pounds of waste from entering local landfills. The organization's commitment to sustainability and green initiatives aligns with their mission to be responsible stewards of the environment. With a workforce of 888 employees, Goodwill Industries of Central North Carolina continues to make a significant impact on the community by offering essential resources for employment and reducing waste.
Official website here: www.triadgoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator rates Goodwill Industries Of Central North Carolina with an impressive four-star rating, achieving a score of 98%. This high rating reflects the organization's strong accountability and finance practices, where it scored 97%, indicating effective management of resources and transparency in operations.
The nonprofit excels in multiple areas, including having an entirely independent board and a robust audit and oversight committee. It demonstrates a committed approach to program expenses, with 85.67% of its spending directed towards programs, which suggests a strong focus on fulfilling its mission. Additionally, the organization received a perfect score in impact measurement, showcasing its effectiveness in evaluating and reporting its outcomes.
While Goodwill Industries Of Central North Carolina has strengths in many areas, it faced challenges in fundraising efficiency, scoring low in this aspect. This could indicate a higher cost of raising funds relative to the amounts generated. Nevertheless, the organization's strong performance in accountability, impact, and community engagement highlights its dedication to its mission and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Of Central North Car legitimate?
Goodwill Industries Of Central North Car is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Central North Car 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: $1,530,530
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,057,282
For more financial information, click here
Official website here: www.triadgoodwill.org
What is the mission statement of Goodwill Industries Of Central North Car?
Goodwill Industries of Central North Carolina, Inc. is dedicated to promoting the value of work by offering career development services and work opportunities for individuals with employment needs. Through their mission, they provide a means for people to gain skills and employment, enhancing their self-reliance and independence. The organization's revenue, primarily generated from the sales of donated goods in their retail stores, supports their workforce development programs. Goodwill's recycling initiatives have expanded to over 20 product lines, keeping millions of pounds of waste from local landfills and contributing to the reduction of environmental impact. The organization continues to strive for sustainability and remains committed to being responsible stewards of the environment through their green initiatives.
Official website here: www.triadgoodwill.org
Who is the CEO of Goodwill Industries Of Central North Car?
Christopher Gorham is the Director of Goodwill Industries Of Central North Car. The CEO's salary of Goodwill Industries Of Central North Car is $307,853 and their total compensation is $351,364.
Official website here: www.triadgoodwill.org
What is the revenue of Goodwill Industries Of Central North Car?
Goodwill Industries Of Central North Car's revenue in 2023 was $28,387,749.
Official website here: www.triadgoodwill.org
Who are the executives of Goodwill Industries Of Central North Car and what are their salaries?
The average compensation at Goodwill Industries Of Central North Car during 2023 was $15,302. There are 888 employees and 1986 volunteers at Goodwill Industries Of Central North Car.
Here are 37 key members and their salaries (Goodwill Industries Of Central North Car's CEO's salary is $307,853 and their total compensation is $351,364):
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- Compensation: $307,853
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Official website here: www.triadgoodwill.org
Where can I find the form 990 for Goodwill Industries Of Central North Car?
Goodwill Industries Of Central North Car's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.triadgoodwill.org
Learn more at the official website: www.triadgoodwill.org
Mission Statement of Goodwill Industries Of Central North Car
Goodwill Industries of Central North Carolina, Inc. is a mission-driven organization that champions the value of work for individuals with employment needs. By providing career development services and work opportunities, this nonprofit empowers communities to thrive.
The heart of Goodwill Industries' operations lies in its extensive network of 25 retail stores. These stores serve as vital hubs in the community, receiving and selling donated goods from over 400,000 generous contributors. The revenue generated from these sales funds the organization's workforce development programs, which are central to its mission.
The Goodwill Industries' workforce development programs offer more than just employment opportunities; they provide a pathway to self-sufficiency and personal growth. Through these initiatives, individuals receive the tools and support they need to overcome employment barriers and build fulfilling careers.
Moreover, Goodwill Industries' commitment to sustainability is demonstrated through its recycling initiatives, which have expanded to over 20 product lines. By eliminating millions of pounds of waste from local landfills, Goodwill Industries continues to be a responsible steward of the environment. As the organization grows its market share within the contributed goods program, it ensures the long-term sustainability of its mission.
In summary, Goodwill Industries of Central North Carolina, Inc. is a dynamic nonprofit organization that promotes the value of work and strengthens communities by offering career development services and work opportunities for individuals with employment needs. Through its extensive network of retail stores and innovative recycling initiatives, the organization fosters personal growth and environmental responsibility.
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Impact
October, 2024
Goodwill Industries Of Central North Carolina significantly impacts the region by promoting the value of work and providing essential career development services to individuals facing employment challenges. Through its network of 25 retail stores, it processes and sells donated goods, engaging over 400,000 community members. This operation serves nearly 1.5 million customers annually, generating crucial revenue that funds workforce development programs aimed at improving the lives of many.
Additionally, Goodwill is committed to sustainability, recycling over 9 million pounds of materials and diverting them from local landfills through innovative recycling initiatives across more than 20 product lines. This not only supports environmental stewardship but also enhances community awareness of sustainable practices. By expanding its market share within the contributed goods program, Goodwill aims to ensure the long-term sustainability of its mission, thereby continuing to impact both the economy and the environment positively.
This information is meant to be a general summary of Goodwill Industries Of Central North Car. 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 2023.
- Investment Income: $171,857
- Program Service Revenue: $43,828
- Gross Receipts: $56,043,476
Assets and Liabilities:
- Total Assets: $49,577,577
- Total Liabilities: $6,750,281
- Net Assets: $42,827,296
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Organization Details
Founding Year
1963
Phone
(336) 275-9801Principal Officer
Christopher Gorham
Main Address
1235 SOUTH EUGENE STREET, GREENSBORO, NC, 27406
Website
www.triadgoodwill.orgNTEE Category
Code: J32Z - Employment
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