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Goodwill Industrial Services Corporation

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

EIN: 841273701 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Goodwill Industrial Services Corporation?

Goodwill Industrial Services Corporation, a nonprofit organization located in Colorado Springs, Colorado, collaborates with Goodwill of Colorado. Their mission is to empower over 300 developmentally and economically challenged individuals by offering life-transforming employment opportunities. They achieve this through various successful business enterprises, such as commercial laundry, janitorial services, and fleet maintenance services. These services cater to several sectors, including government agencies, academic institutions, healthcare facilities, and businesses. The corporation's goal is to help individuals gain personal and economic independence, contributing positively to their community and society at large.


Official website here: www.goodwillcolorado.org

What are the reviews and ratings of this charity?

Goodwill Industrial Services Corporation earned a score of 88% from Charity Navigator, resulting in a Three-Star out of Four Star rating. This score reflects a strong performance in Accountability & Finance, indicating the organization is financially responsible and transparent, though it lacks a broader assessment of impact, culture, or adaptability.

The organization received full points for having an audit committee, no material diversion of assets, and a low liabilities to assets ratio. Additionally, its program expense ratio is noteworthy, indicating a significant portion of expenses is dedicated to programs. However, the nonprofit lost points due to a low percentage of independent board members and the absence of a posted tax form on its website.

No user reviews are available from GreatNonprofits for Goodwill Industrial Services Corporation. Therefore, the public's perception and personal accounts regarding their experiences with the organization remain undocumented through this platform.


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

Is Goodwill Industrial Services Corporation legitimate?

Goodwill Industrial Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industrial Services Corporation 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: $5,386,711

For more financial information, click here


Official website here: www.goodwillcolorado.org

What is the mission statement of Goodwill Industrial Services Corporation?

Goodwill Industrial Services Corporation is committed to assisting individuals in achieving their highest levels of personal and economic independence. They accomplish this goal through the operation of successful business enterprises. These businesses offer life-changing employment opportunities to over 300 individuals who face developmental and economic challenges. Goodwill Industrial Services Corporation, in collaboration with Goodwill of Colorado, provides jobs in sectors such as commercial laundry, janitorial services, and fleet maintenance services, serving various government agencies, educational institutions, healthcare facilities, and businesses.


Official website here: www.goodwillcolorado.org

Who is the CEO of Goodwill Industrial Services Corporation?

Tom Wildenberg is the Gisc Board Chair of Goodwill Industrial Services Corporation.


Official website here: www.goodwillcolorado.org

What is the revenue of Goodwill Industrial Services Corporation?

Goodwill Industrial Services Corporation's revenue in 2022 was $11,687,996.


Official website here: www.goodwillcolorado.org

Who are the executives of Goodwill Industrial Services Corporation and what are their salaries?

The average compensation at Goodwill Industrial Services Corporation during 2022 was $24,597. There are 219 employees and 3 volunteers at Goodwill Industrial Services Corporation.


Here are 7 key members and their salaries:


Karla Grazier - See Sch O (Gisc Board Chair)
  • Compensation: $0
  • Related: $574,035
  • Other: $58,118
Tom Wildenberg - See Sch O (Gisc Treasurer)
  • Compensation: $0
  • Related: $232,769
  • Other: $27,268
Gary Smith - See Sch O (Gisc President)
  • Compensation: $0
  • Related: $180,129
  • Other: $10,891
Karen Gordon - See Sch O (Gisc Secretary)
  • Compensation: $0
  • Related: $79,495
  • Other: $13,136
Matt Gendron (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Lovato (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginna Morgan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goodwillcolorado.org

Where can I find the form 990 for Goodwill Industrial Services Corporation?

Goodwill Industrial Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodwillcolorado.org

Learn more at the official website: www.goodwillcolorado.org

Mission Statement of Goodwill Industrial Services Corporation

Goodwill Industrial Services Corporation is a dedicated organization committed to helping individuals overcome their personal and economic challenges. Their mission is to provide life-changing employment opportunities for over 300 developmentally and economically disadvantaged individuals. They achieve this by leveraging strategic and successful business enterprises, such as commercial laundry, janitorial services, and fleet maintenance services. These businesses cater to various sectors, including government agencies, academic and healthcare institutions, and businesses. By offering employment through these ventures, Goodwill Industrial Services Corporation empowers individuals to reach their highest level of independence.

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Impact




July, 2024

Goodwill Industrial Services Corporation, in partnership with Goodwill of Colorado, is dedicated to helping over 300 developmentally and economically challenged individuals in Colorado reach their highest level of personal and economic independence. By providing employment opportunities through strategic and successful business enterprises such as commercial laundry, janitorial services, and fleet maintenance for government agencies, academic and health care institutions, and businesses, Goodwill Industrial Services Corporation is making a significant impact on the lives of individuals facing challenges. Through their mission, they are not only creating employment opportunities but also fostering a sense of empowerment and self-sufficiency among those they support.




This information is meant to be a general summary of Goodwill Industrial Services Corporation. 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
$11,687,996 (2022)
Expenses
$10,910,461 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $11,672,186
  • Gross Receipts: $11,687,996

Assets and Liabilities:

  • Total Assets: $10,708,359
  • Total Liabilities: $5,306,403
  • Net Assets: $5,401,956

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Programs

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

CONTRACT REVENUE

Revenue

$11,442,399

REHABILITATION FEE

Revenue

$229,787

Organization Details

Founding Year

1994

Principal Officer

Tom Wildenberg

Main Address

1460 Garden of the Gods RD, Colorado Springs, CO, 80907

NTEE Category

Code: J320 - Employment

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