Overview
What is Goodwill Industries Sacramento Valley & Northern Nevada Inc?
Goodwill Industries Sacramento Valley & Northern Nevada Inc is a leading nonprofit organization based in Sacramento, California. With a team of 3,465 employees, they are dedicated to empowering individuals with disabilities and employment barriers. Their operations include managing 40 retail sites and 28 collection sites, which not only serve as an environmental alternative to landfills but also create opportunities for job training and funding for community-based workforce development services. Goodwill's innovative approach is rooted in their mission to help people with disadvantages achieve self-sufficiency. Their retail stores and collection sites offer accessible shopping experiences for all, while their Jobs+ program, which includes employment and financial capability services, assesses job seekers' needs and provides resources for customized goal planning. Additionally, Goodwill goes beyond creating jobs alone and offers essential resources to their network of nonprofits and regional community partners, impacting over 350,000 people with disabilities, those experiencing homelessness, and veterans.
Official website here: www.goodwillsacto.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Goodwill Industries Sacramento Valley & Northern Nevada Inc has received an 81% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This score is derived entirely from the organization’s performance in financial practices, indicating that it effectively manages its resources and maintains transparency in its operations.
The nonprofit scores particularly well in governance, with a fully independent board and comprehensive financial oversight mechanisms in place. All aspects of accountability, including conflict of interest and whistleblower policies, are well documented, showcasing the organization’s dedication to ethical practices. Additionally, an impressive program expense ratio of 93.27% highlights their efficient allocation of funds towards mission-related activities.
While the financial management appears sound, the ratings focus exclusively on accountability and finance, leaving out other potential metrics such as program impact or community feedback. Therefore, prospective donors may want to consider seeking further information about the organization's effectiveness in achieving its mission beyond financial metrics.
This AI summary has been generated from information found on Charity Navigator.
Is Goodwill Industries Sacramento Valley & Northern Nevada Inc legitimate?
Goodwill Industries Sacramento Valley & Northern Nevada Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Sacramento Valley & Northern Nevada 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: $947,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,257,791
For more financial information, click here
Official website here: www.goodwillsacto.org
What is the mission statement of Goodwill Industries Sacramento Valley & Northern Nevada Inc?
Goodwill Industries Sacramento Valley & Northern Nevada Inc is an organization that believes in finding the hidden value and possibility in people and donated goods alike. With a rich history dating back to 1933, the organization continues to carry forward the social enterprise of its founders by utilizing Goodwill resources to help people with disadvantages achieve self-sufficiency. This mission is expressed through their retail stores and collection sites, which provide an accessible shopping experience for all, serve as an environmentally conscious alternative to the landfill, and offer employment opportunities for 2,700 people annually. The organization goes beyond creating jobs and provides essential resources to their network of nonprofits and community partners, supporting over 350,000 people with disabilities, people experiencing homelessness, and veterans.
Official website here: www.goodwillsacto.org
Who is the CEO of Goodwill Industries Sacramento Valley & Northern Nevada Inc?
Ken Gosney is the Director of Goodwill Industries Sacramento Valley & Northern Nevada Inc. The CEO's salary of Goodwill Industries Sacramento Valley & Northern Nevada Inc is $390,516 and their total compensation is $413,016.
Official website here: www.goodwillsacto.org
What is the revenue of Goodwill Industries Sacramento Valley & Northern Nevada Inc?
Goodwill Industries Sacramento Valley & Northern Nevada Inc's revenue in 2022 was $99,405,263.
Official website here: www.goodwillsacto.org
Who are the executives of Goodwill Industries Sacramento Valley & Northern Nevada Inc and what are their salaries?
The average compensation at Goodwill Industries Sacramento Valley & Northern Nevada Inc during 2022 was $17,087. There are 3465 employees and 200 volunteers at Goodwill Industries Sacramento Valley & Northern Nevada Inc.
Here are 14 key members and their salaries (Goodwill Industries Sacramento Valley & Northern Nevada Inc's CEO's salary is $390,516 and their total compensation is $413,016):
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- Compensation: $390,516
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- Other: $22,500
- Compensation: $262,815
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- Other: $19,561
- Compensation: $251,545
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- Other: $12,220
- Compensation: $176,018
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- Other: $7,093
- Compensation: $144,813
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- Other: $3,287
- Compensation: $153,302
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- Other: $5,212
Official website here: www.goodwillsacto.org
Where can I find the form 990 for Goodwill Industries Sacramento Valley & Northern Nevada Inc?
Goodwill Industries Sacramento Valley & Northern Nevada Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillsacto.org
Learn more at the official website: www.goodwillsacto.org
Mission Statement of Goodwill Industries Sacramento Valley & Northern Nevada Inc
Goodwill Industries Sacramento Valley & Northern Nevada Inc is a mission-driven organization that has been transforming lives and finding hidden value in people and donated goods since 1933. At its core, this nonprofit organization is committed to helping people with disadvantages achieve self-sufficiency through its innovative social enterprise. The mission of Goodwill Industries Sacramento Valley & Northern Nevada Inc is expressed in various ways, most notably through its retail stores and collection sites.
These retail outlets create an accessible shopping experience for all, offering a wide range of goods that provide affordable options for consumers while serving as an environmentally conscious alternative to landfills. Moreover, they function as a valuable employment platform, providing jobs for over 2,700 people annually. However, Goodwill Industries Sacramento Valley & Northern Nevada Inc goes beyond just creating jobs. It is dedicated to providing essential resources to its family of nonprofits and regional community partners, reaching over 350,000 individuals with disabilities, people experiencing homelessness, veterans, and other underserved populations.
Goodwill Industries Sacramento Valley & Northern Nevada Inc's rich history is built on the belief that every person deserves a chance to overcome their challenges and live a self-sufficient life. By transforming donated goods into opportunities, they not only contribute to the community by reducing waste but also provide a tangible pathway to self-sufficiency for those in need. Through their holistic approach, they enable individuals to gain the necessary skills and resources needed to rebuild their lives and reach their full potential.
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Impact
October, 2024
Goodwill Industries Sacramento Valley & Northern Nevada Inc significantly impacts its community by providing employment opportunities and crucial support services to individuals facing barriers to employment. Operating 40 retail stores and 28 collection sites, the organization serves approximately 2,700 individuals each year, facilitating job training and creating pathways to self-sufficiency.
In addition to these job opportunities, Goodwill is committed to addressing the needs of the broader community. Their initiative, Jobs+, integrates employment and financial capability services, employing innovative tools like the Career & Life Matrix to help job seekers identify their holistic needs. This comprehensive approach ensures that individuals receive not only jobs but also the necessary resources for financial, employment, and wellness support.
Furthermore, by serving over 350,000 people with disabilities and those experiencing homelessness, Goodwill fosters a more inclusive and sustainable community. Their operations also contribute to environmental sustainability by offering an alternative to landfills through the reuse of donated goods. In essence, Goodwill Industries Sacramento Valley & Northern Nevada Inc plays a vital role in enhancing economic stability, environmental consciousness, and social equity in the region.
This information is meant to be a general summary of Goodwill Industries Sacramento Valley & Northern Nevada 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: -$64,749
- Program Service Revenue: $92,558,213
- Gross Receipts: $99,471,521
Assets and Liabilities:
- Total Assets: $153,256,634
- Total Liabilities: $119,390,079
- Net Assets: $33,866,555
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE SALE DON GDS
Revenue
$83,033,599
DON GDS SOLD AS SALVAGE
Revenue
$4,838,139
SALE OF PURCHASED GOODS
Revenue
$4,245,031
VOCATIONAL SERVICES
Revenue
$441,444
Organization Details
Founding Year
1937
Phone
(916) 395-9000Principal Officer
Ken Gosney
Main Address
8001 FOLSOM BLVD, SACRAMENTO, CA, 95826
Website
www.goodwillsacto.orgNTEE Category
Code: J32Z - Employment
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