Overview
What is Chattanooga Goodwill Industriesinc?
Chattanooga Goodwill Industriesinc is a nonprofit organization based in Chattanooga, Tennessee, with a location at 6104 Preservation Drive, 37416. Their mission is to help individuals change their lives through the power of work, offering customized training and services to support people in finding and maintaining jobs. They accept donated goods from the public and sell these items in 17 community-based stores, generating revenue for local programs and job placement services. Goodwill Industries of the Greater Chattanooga Area employs 734 people and uses resale strategies to provide on-the-job training for those with disabilities and various barriers to employment, including multi-generational poverty, a history of incarceration, limited education, and no work experience.
Official website here: www.goodwillchatt.org/
What are the reviews and ratings of this charity?
Charity Navigator rating: 98%, Four-Star out of Four Star rating.
Chattanooga Goodwill Industries has achieved an impressive 98% score, reflecting its strong performance in accountability and finance. The organization boasts a perfect score in accountability measures, indicating high standards in governance practices, including a fully independent board and transparent financial reporting. Their program expense ratio of 84.67% suggests that the majority of expenditures are directed towards their services and mission.
The organization also scores well in culture and community, with a significant emphasis on constituent feedback and engagement. With a perfect score in feedback collection and usage, it shows a strong commitment to understanding and addressing the needs of the community it serves. However, there are some areas of improvement identified in equity strategies and data, indicating that while they have foundational equity practices, there is room for growth in implementing comprehensive equity policies.
Overall, Chattanooga Goodwill Industries demonstrates a robust operational framework and a dedicated approach to fulfilling its mission. While the organization excels in many areas, focusing on enhancing its equity practices could further strengthen its impact within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Chattanooga Goodwill Industriesinc legitimate?
Chattanooga Goodwill Industriesinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chattanooga Goodwill Industriesinc 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: $593,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,258,250
For more financial information, click here
Official website here: www.goodwillchatt.org/
What is the mission statement of Chattanooga Goodwill Industriesinc?
Chattanooga Goodwill Industriesinc is dedicated to helping individuals reach their fullest potential, regardless of their abilities, circumstances, or backgrounds. They believe in the power of work to transform lives. Through customized training and services, they equip people with the skills and opportunities needed to secure employment, finding purpose, pride, and dignity in their work. Goodwill accepts donations of clothing and household goods, which are then sold in community-based stores. The revenue generated from these sales supports and expands essential local programs and job placement services.
Official website here: www.goodwillchatt.org/
Who is the CEO of Chattanooga Goodwill Industriesinc?
Gena Weldon is the President & Ceo of Chattanooga Goodwill Industriesinc. The CEO's salary of Chattanooga Goodwill Industriesinc is $304,612 and their total compensation is $333,972.
Official website here: www.goodwillchatt.org/
What is the revenue of Chattanooga Goodwill Industriesinc?
Chattanooga Goodwill Industriesinc's revenue in 2022 was $20,309,224.
Official website here: www.goodwillchatt.org/
Who are the executives of Chattanooga Goodwill Industriesinc and what are their salaries?
The average compensation at Chattanooga Goodwill Industriesinc during 2022 was $12,060. There are 734 employees and 1 volunteer at Chattanooga Goodwill Industriesinc.
Here are 12 key members and their salaries (Chattanooga Goodwill Industriesinc's CEO's salary is $304,612 and their total compensation is $333,972):
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- Compensation: $304,612
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- Other: $29,360
- Compensation: $112,521
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- Other: $8,448
- Compensation: $176,539
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- Other: $28,563
Official website here: www.goodwillchatt.org/
Where can I find the form 990 for Chattanooga Goodwill Industriesinc?
Chattanooga Goodwill Industriesinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillchatt.org/
Learn more at the official website: www.goodwillchatt.org/
Mission Statement of Chattanooga Goodwill Industriesinc
Chattanooga Goodwill Industriesinc is a mission-driven organization that strives to help individuals reach their fullest potential, regardless of their abilities, backgrounds, or situations. The team at Chattanooga Goodwill believes that everyone deserves the chance to work and earn a living with purpose, pride, and dignity.
To accomplish this, Chattanooga Goodwill Industriesinc provides customized training and services to help people overcome barriers to employment. These barriers can include disabilities, poverty, limited education, and a lack of work experience. By offering tailored programs, Chattanooga Goodwill enables individuals to acquire the skills and confidence they need to secure and maintain jobs.
Chattanooga Goodwill Industriesinc's innovative approach to employment is rooted in the sale of donated goods. The organization accepts clothing and household items from the public and sells these donations in its community-based stores. The revenue generated from the sale of these items directly supports and grows the vital local programs and job placement services provided by Chattanooga Goodwill Industriesinc.
In summary, Chattanooga Goodwill Industriesinc is an organization that transforms lives through the power of work. By offering customized training and services, the team empowers individuals to overcome challenges and secure employment, ultimately leading to a greater sense of self-worth and independence. The organization's unique business model, which revolves around the sale of donated goods, allows it to fund essential programs and services, making a significant impact on the lives of those it serves.
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Impact
October, 2024
Chattanooga Goodwill Industries Inc. has a significant positive impact on the local community by empowering individuals to overcome barriers to employment. Through its resale program, the organization accepts donated goods and utilizes them in 17 community-based stores, generating revenue that directly supports job training initiatives. These programs specifically target individuals facing challenges such as disabilities, multi-generational poverty, incarceration histories, limited education, and lack of work experience.
By providing customized training and on-the-job opportunities, Chattanooga Goodwill helps participants develop the skills they need to secure and maintain meaningful employment. This not only enhances their economic stability but also fosters a sense of purpose, pride, and dignity. Overall, the organization plays a crucial role in promoting workforce inclusion and improving the lives of many individuals in the Chattanooga area.
This information is meant to be a general summary of Chattanooga Goodwill Industriesinc. 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: $555,265
- Program Service Revenue: $18,633,572
- Gross Receipts: $20,466,587
Assets and Liabilities:
- Total Assets: $22,571,779
- Total Liabilities: $11,270,987
- Net Assets: $11,300,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Retail Service
Revenue
$18,572,861
Workforce Development
Revenue
$60,711
Organization Details
Founding Year
1923
Phone
(423) 629-2501Principal Officer
Gena Weldon
Main Address
6104 Preservation Drive, Chattanooga, TN, 37416
Website
www.goodwillchatt.org/NTEE Category
Code: J32Z - Employment
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