Overview
What is Alabama Goodwill Industries Inc?
Alabama Goodwill Industries Inc is a nonprofit organization based in Birmingham, Alabama, with a team of 895 employees. Their mission is to offer rehabilitation services, training, employment, and opportunities for personal growth to individuals with disabilities and disadvantages. They accept donated goods, such as clothing and household items from the public and sell these donations through community-based retail stores. The revenue generated from sales supports and grows their critical community-based programs and job placement services. Their services include skill training, counseling, and guidance with the ultimate goal of helping individuals become independent functioning members of society. Transitionally, they assist individuals in finding jobs in the competitive market or continuing to provide services as they develop the necessary skills and habits. The organization is dedicated to continuous growth and results.
Official website here: www.alabamagoodwill.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Alabama Goodwill Industries Inc has earned an 81% rating, indicating a solid level of accountability and financial health. The organization demonstrates strong governance with a fully independent board and a robust audit and oversight committee, which are crucial for maintaining trust and integrity in their operations.
The charity excels in program expenses, allocating 82.85% of its funds directly to its programs, which reflects a commitment to its mission. Additionally, they have comprehensive policies in place regarding conflict of interest and whistleblowing, showcasing their dedication to transparency and ethical management.
However, the organization faces a challenge with its liabilities, reporting a high ratio of 91.08% in liabilities to assets, which may raise concerns about financial stability. While they maintain excellent practices in many areas, addressing this financial aspect could enhance their overall rating and reassure stakeholders of their long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Alabama Goodwill Industries Inc legitimate?
Alabama Goodwill Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alabama 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: $481,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,164,390
For more financial information, click here
Official website here: www.alabamagoodwill.org
What is the mission statement of Alabama Goodwill Industries Inc?
Alabama Goodwill Industries Inc is dedicated to providing rehabilitation services, training, employment, and opportunities for personal growth to individuals who are disabled and disadvantaged. Through its mission, the organization offers a range of services, including training specific skills and developing appropriate work behaviors and habits, as well as counseling and guidance to help individuals move towards independent functioning within the general society. Transitional services are also provided to prepare consumers for community employment opportunities. Alabama Goodwill Industries Inc continues to adapt and grow, with a commitment to results and a focus on the future. The organization utilizes its retail stores as a platform to provide on-the-job training to people who are having a hard time finding employment. Donated goods from the public are sold in Goodwill's community-based retail stores, with revenue generated supporting and growing critical community-based programs and job placement services.
Official website here: www.alabamagoodwill.org
Who is the CEO of Alabama Goodwill Industries Inc?
David Wells is the Past Board Chairperson of Alabama Goodwill Industries Inc. The CEO's salary of Alabama Goodwill Industries Inc is $191,406 and their total compensation is $191,406.
Official website here: www.alabamagoodwill.org
What is the revenue of Alabama Goodwill Industries Inc?
Alabama Goodwill Industries Inc's revenue in 2022 was $17,642,209.
Official website here: www.alabamagoodwill.org
Who are the executives of Alabama Goodwill Industries Inc and what are their salaries?
The average compensation at Alabama Goodwill Industries Inc during 2022 was $9,660. There are 895 employees at Alabama Goodwill Industries Inc.
Here are 19 key members and their salaries (Alabama Goodwill Industries Inc's CEO's salary is $191,406 and their total compensation is $191,406):
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- Compensation: $133,823
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- Compensation: $156,077
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Official website here: www.alabamagoodwill.org
Where can I find the form 990 for Alabama Goodwill Industries Inc?
Alabama Goodwill Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alabamagoodwill.org
Learn more at the official website: www.alabamagoodwill.org
Mission Statement of Alabama Goodwill Industries Inc
Alabama Goodwill Industries Inc is a mission-driven organization dedicated to providing rehabilitation services, training, employment, and opportunities for personal growth to individuals with disabilities and disadvantages. Through its commitment to results, Alabama Goodwill Industries, Inc. continues to evolve and expand its vision, focusing on helping those in need develop the necessary skills and habits for independent functioning within society.
The heart of Alabama Goodwill Industries Inc's work involves utilizing donated goods and retail programs as a means to provide on-the-job training. Goods donated by the public are sold in Alabama Goodwill Industries Inc's community-based retail stores. The revenue generated from these sales is then channeled back into supporting and expanding essential community-based programs and job placement services. The organization's retail stores serve as a crucial platform for offering training opportunities to individuals who might otherwise struggle to find employment.
Alabama Goodwill Industries Inc does not merely stop at providing training; it goes the extra mile to ensure the individuals it serves are equipped with the tools they need to thrive in the competitive job market. By offering ongoing support and services, Alabama Goodwill Industries Inc helps its clients make a successful transition from training to employment. As Alabama Goodwill Industries Inc grows and adapts to the changing needs of the community, so too does its perception and interpretation of its mission. The organization remains steadfast in its dedication to the future and to making a positive impact on the lives of those it serves.
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Impact
October, 2024
Alabama Goodwill Industries Inc. significantly impacts the community by providing essential rehabilitation services, training programs, and employment opportunities specifically designed for individuals with disabilities and those facing disadvantages. Through a comprehensive approach, it empowers these individuals by enhancing their skills and developing appropriate work behaviors, which are crucial for successful integration into the workforce.
Goodwill operates community-based retail stores that serve a dual purpose: generating revenue from the sale of donated goods and offering on-the-job training to participants. This model not only supports the local economy but also facilitates practical experience for those often overlooked in the job market. The training programs focus on teaching specific skills and fostering work habits, ensuring that participants are well-prepared for competitive employment.
Additionally, Alabama Goodwill is committed to providing counseling and guidance to assist individuals in achieving independent functioning within society. By managing transitional services, it helps consumers navigate the path from structured training environments to competitive job placements, ensuring a smooth integration into the workforce.
The organization’s efforts contribute to a profound change in how society views individuals with disabilities and disadvantages, promoting inclusivity and opportunities for growth. As Alabama Goodwill grows and adapts, its mission remains oriented towards tangible results, continually making a positive impact on the lives of many in the community.
This information is meant to be a general summary of Alabama 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: $145,085
- Program Service Revenue: $14,926,753
- Gross Receipts: $17,797,654
Assets and Liabilities:
- Total Assets: $33,375,757
- Total Liabilities: $30,399,201
- Net Assets: $2,976,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RETAIL SALES
Revenue
$12,590,097
SALVAGE SALES
Revenue
$1,284,286
CONTRACT WORK
Revenue
$1,052,370
Organization Details
Founding Year
1936
Phone
(205) 323-6331Principal Officer
David Wells
Main Address
2350 GREEN SPRINGS HIGHWAY SOUTH, BIRMINGHAM, AL, 35205
Website
www.alabamagoodwill.orgNTEE Category
Code: J30 - Employment
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