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Gw Business Solutions Llc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611723623 ✦ Newark, OH ✦ Designated as a 501(c)(3)

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Overview

What is Gw Business Solutions Llc?

Gw Business Solutions Llc is a nonprofit organization based in Newark, Ohio, with a mailing address at 65 South Fifth Street PO Box 828, 43058. Their primary mission is to offer employment opportunities and support services to individuals with disabilities and other barriers to employment. This is achieved through the operation of retail stores and donation centers. These outlets provide affordable clothing and household goods, attracting bargain hunters with their wide variety and great values. Thousands of new items are added daily to the sales floor, and additional items are available for bidding online at shopgoodwill.com. The revenue generated by the retail division is channeled into the organization's job training and employment programs. With a workforce of 312 individuals, Gw Business Solutions Llc is committed to empowering its community members and contributing to their employment prospects.

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)**

Gw Business Solutions Llc has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization scores a perfect 100% for having a fully independent board and effective oversight of its financial statements. High ratios in program expenses signal a commitment to efficiently utilizing its funds for its charitable purposes.

The organization demonstrates robust governance practices with policies in place for conflicts of interest and whistleblowing. It reported no material diversion of assets and maintains a healthy liabilities-to-assets ratio, reflecting financial stability. However, the salaries of key personnel may raise some questions regarding compensation levels relative to the nonprofit sector.

Unfortunately, user reviews from GreatNonprofits are currently unavailable, so we cannot provide insights from the community regarding their experiences with Gw Business Solutions Llc. Overall, the strong financial performance and governance practices suggest a reliable organization, though service user feedback would be beneficial for a comprehensive view.


This AI summary has been generated from information found on Charity Navigator.

Is Gw Business Solutions Llc legitimate?

Gw Business Solutions Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gw Business Solutions Llc 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: $3,177,304

For more financial information, click here

What is the mission statement of Gw Business Solutions Llc?

Gw Business Solutions Llc is committed to providing training, employment, and support services to individuals with disabilities and other barriers to employment. Through their retail stores and donation centers, they offer affordable clothing and household goods, serving as an additional avenue for training and employment opportunities. The revenue generated from the retail division is channeled into job training and employment programs. The organization attracts bargain hunters with its large variety and great values, with thousands of new items added to the sales floor daily. Additionally, items are also available for bidding on ShopGoodwill.com.

Who is the CEO of Gw Business Solutions Llc?

Timothy Young is the Chairperson of Gw Business Solutions Llc. The CEO's salary of Gw Business Solutions Llc is $0 and their total compensation is $358,706.

What is the revenue of Gw Business Solutions Llc?

Gw Business Solutions Llc's revenue in 2022 was $7,385,056.

Who are the executives of Gw Business Solutions Llc and what are their salaries?

The average compensation at Gw Business Solutions Llc during 2022 was $10,184. There are 312 employees and 45 volunteers at Gw Business Solutions Llc.


Here are 7 key members and their salaries (Gw Business Solutions Llc's CEO's salary is $0 and their total compensation is $358,706):


Ginger Varner (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Valladares (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Humes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Nelson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Young (Ceo/President)
  • Compensation: $0
  • Related: $344,989
  • Other: $13,717
Lynn Fawcett (Cfo)
  • Compensation: $0
  • Related: $128,575
  • Other: $0
Brett Doughty (Cfo (Effective July 2022))
  • Compensation: $0
  • Related: $45,501
  • Other: $3,531
Where can I find the form 990 for Gw Business Solutions Llc?

Gw Business Solutions Llc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gw Business Solutions Llc

Gw Business Solutions LLC, a nonprofit organization, is dedicated to providing training, employment, and support services to individuals with disabilities and those facing barriers to employment. By operating retail stores and donation centers, the organization offers opportunities for individuals to gain access to quality, affordable clothing and household goods. Simultaneously, these retail outlets serve as a platform for further training and employment prospects. The revenue generated from the retail division is channeled into Gw Business Solutions LLC's job training and employment programs, thereby benefiting the community as a whole. Bargain hunters are attracted to the Goodwill stores due to the wide variety and excellent value of the items available, with thousands of new items being added to the sales floor daily. Additionally, items are offered for bidding on ShopGoodwill.com, providing another avenue for revenue generation and employment opportunities.

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Impact




July, 2024

Gw Business Solutions Llc's impact is significant in providing training, employment, and support services to individuals with disabilities and other barriers to employment. Their retail stores and donation centers not only offer access to quality, affordable clothing and household goods but also serve as avenues for training and employment opportunities. The revenue generated by the retail division is directed back into Goodwill's job training and employment programs, further supporting individuals in need. Through their initiatives, Gw Business Solutions Llc helps thousands of individuals overcome barriers to employment and achieve economic independence.




This information is meant to be a general summary of Gw Business Solutions Llc. 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.

Revenue
$7,385,056 (2022)
Expenses
$6,524,338 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,271
  • Program Service Revenue: $6,034,720
  • Gross Receipts: $7,385,056

Assets and Liabilities:

  • Total Assets: $3,203,365
  • Total Liabilities: $1,033,364
  • Net Assets: $2,170,001

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STORES SALES, NET

Revenue

$5,413,598

RECYCLING, NET

Revenue

$575,070

OTHER

Revenue

$23,244

USED CAR SALES, NET

Revenue

$22,808

Organization Details

Founding Year

2014

Principal Officer

Timothy Young

Main Address

65 SOUTH FIFTH STREET PO BOX 828, NEWARK, OH, 43058

NTEE Category

Code: J11 - Employment

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