Overview
What is Goodwill Of North Georgia Development Company Ii Inc?
Goodwill of North Georgia Development Company II Inc is a supporting organization, functioning solely for the benefit of Goodwill of North Georgia, a nonprofit corporation. Its mission involves developing and holding real estate for Goodwill, with the aim of enhancing their charitable mission. The company plans to construct, renovate, and install improvements on a facility located in Atlanta, Georgia. This facility will house a career and job training center and a retail store, allowing Goodwill to dedicate more resources to their core mission. The company will provide ongoing maintenance and management services, funded by a loan made possible through the New Markets Tax Credit Program. Any excess funds will be contributed to Goodwill, maximizing their positive impact.
Is Goodwill Of North Georgia Development Company Ii Inc legitimate?
Goodwill Of North Georgia Development Company Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Of North Georgia Development Company Ii 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Goodwill Of North Georgia Development Company Ii Inc?
Goodwill of North Georgia Development Company II Inc is a supporting organization that operates exclusively for the benefit of Goodwill of North Georgia (GNG). Its mission is to develop and hold real estate for GNG, with the aim of enabling GNG to better accomplish its charitable mission of enhancing the dignity and quality of life for individuals, families, and communities by eliminating barriers to opportunity and helping those in need reach their full potential through the power of work. By constructing, renovating, and installing improvements on a facility, the company allows GNG to operate a career and job training center and a retail store, thereby enabling GNG to dedicate more resources to its core mission. As a supporting organization, any net income of the company, after allowing for maintenance and replacement reserves, will ultimately be contributed to GNG.
Who is the CEO of Goodwill Of North Georgia Development Company Ii Inc?
Keith T Parker is the Principal Officer of Goodwill Of North Georgia Development Company Ii Inc.
What is the revenue of Goodwill Of North Georgia Development Company Ii Inc?
Goodwill Of North Georgia Development Company Ii Inc's revenue in 2022 was $0.
Who are the executives of Goodwill Of North Georgia Development Company Ii Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $1,660,037
- Other: $42,123
- Compensation: $0
- Related: $343,911
- Other: $25,854
- Compensation: $0
- Related: $267,869
- Other: $20,536
- Compensation: $0
- Related: $76,235
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Goodwill Of North Georgia Development Company Ii Inc?
Goodwill Of North Georgia Development Company Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Goodwill Of North Georgia Development Company Ii Inc
Goodwill of North Georgia Development Company II Inc is a supporting organization that operates exclusively for the benefit of, and to carry out the purposes of Goodwill of North Georgia (GNG). Its mission is to develop and hold real estate for GNG, with the aim of enabling the charitable organization to better accomplish its mission of enhancing the dignity and quality of life for individuals, families, and communities by eliminating barriers to opportunity and helping those in need reach their full potential through the power of work. By constructing, renovating, and installing certain improvements on a real property, Goodwill of North Georgia Development Company II Inc allows GNG to operate a career and job training center and a retail store. This enables GNG to dedicate more time and resources to its core mission, ultimately contributing any net income to the organization. The company funds its activities through the New Markets Tax Credit Program and the efforts of a community development entity, maximizing GNG's positive impact.
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Impact
October, 2024
Goodwill Of North Georgia Development Company II Inc plays a vital role in enhancing community well-being by facilitating essential infrastructure for Goodwill of North Georgia. This organization is dedicated to supporting the establishment and improvement of facilities that enable career development, job training, and retail operations. By constructing and renovating properties, such as the facility located at 2160 Metropolitan Parkway SW in Atlanta, Georgia, this company significantly contributes to the mission of Goodwill by eliminating barriers to opportunity for individuals and families in need.
The initiative not only creates physical spaces for job training and career services but also ensures ongoing maintenance and management, allowing Goodwill to allocate more resources to its core mission. Through strategic financing, such as the New Markets Tax Credit Program, the development company ensures that these efforts are sustainable and impactful. Ultimately, the positive net income generated flows back into Goodwill, reinforcing the charity's initiatives and further extending its reach within the community. By developing and managing resources efficiently, the organization empowers individuals to achieve their full potential through meaningful work, thereby improving the quality of life across the region.
This information is meant to be a general summary of Goodwill Of North Georgia Development Company Ii 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.
Assets and Liabilities:
- Total Assets: $11,121,414
- Total Liabilities: $11,204,726
- Net Assets: -$83,312
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Organization Details
Founding Year
2020
Phone
(404) 420-9900Principal Officer
Keith T Parker
Main Address
2201 LAWRENCEVILLE HIGHWAY, DECATUR, GA, 30033
NTEE Category
Code: T11 - Philanthropy
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