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Goodwill Of Silicon Valley Inc

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

EIN: 941212132 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is Goodwill Of Silicon Valley Inc?

Goodwill of Silicon Valley Inc, located in San Jose, California, is a leading nonprofit organization with a mission to support individuals in overcoming employment barriers. They operate a cost-effective social enterprise that collects, processes, and sells used goods. Through this business, they provide paid work experience and job skills training for people dealing with challenging and severe employment obstacles. The organization's green initiative diverts a significant amount of waste from landfills annually, with 34 million pounds being diverted. Goodwill of Silicon Valley is dedicated to improving the lives of their employees, customers, and those with employment challenges by raising their standard of living and offering essential services. The organization counts on a workforce of 1,483 employees to carry out its mission.


Official website here: www.goodwillsv.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 98%, Four-Star out of Four Star rating.

Goodwill Of Silicon Valley Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong performance in accountability, finance, and impact measurement. The organization demonstrates excellent governance with 100% independent board members and has consistently high scores in financial oversight and program expenses. With a program expense ratio of 91.87%, it indicates a strong commitment to its mission and programs.

Despite its high ratings, user feedback reveals significant concerns about the workplace environment. One reviewer reported a decline in mental health due to excessive stress and a toxic atmosphere characterized by favoritism in promotions and micromanagement. This stark contrast between the nonprofit's public image and internal employee experiences raises questions about its organizational culture and treatment of staff.

While Goodwill Of Silicon Valley Inc appears to effectively manage its financial resources and fulfill its mission, the feedback from current and former employees suggests a need for improvement in workplace conditions and employee welfare. Potential supporters may want to consider these perspectives alongside the organization's strong ratings in determining their level of support.


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

What do the Facebook reviews say about Goodwill Of Silicon Valley Inc?

74% of 41 reviewers on Facebook recommend Goodwill Of Silicon Valley Inc. Here is a summary of their reviews:

Many individuals express a positive view of the organization, highlighting its significant impact on marginalized communities. Supporters note that Goodwill provides essential resources and opportunities for those facing challenges, helping them transform their lives from hopelessness to newfound potential.

However, some voices remain neutral or skeptical, reflecting a mixed sentiment overall. While many appreciate the support offered, there seems to be room for improvement in certain areas. Overall, Goodwill appears to make a meaningful contribution to those it serves, with a focus on empowerment and positive change in the community.


This AI summary has been generated from reviews found on Facebook.

Is Goodwill Of Silicon Valley Inc legitimate?

Goodwill Of Silicon Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Of Silicon Valley 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: $957,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,913,407

For more financial information, click here


Official website here: www.goodwillsv.org

What is the mission statement of Goodwill Of Silicon Valley Inc?

Goodwill of Silicon Valley is committed to helping individuals overcome employment barriers through the provision of training and placement support. Their mission goes beyond this, as they aim to enhance the living standards and improve the lives of their employees, customers, and those with challenging barriers to employment. By offering retail programs that serve as cost-effective social enterprises for the collection, processing, and sales of used goods, Goodwill of Silicon Valley provides paid work experience and job skills training. This business not only offers opportunities for those disconnected from the workforce but also promotes sustainability by diverting 34 million pounds of trash from landfills annually.


Official website here: www.goodwillsv.org

Who is the CEO of Goodwill Of Silicon Valley Inc?

Chris Baker is the Director of Goodwill Of Silicon Valley Inc. The CEO's salary of Goodwill Of Silicon Valley Inc is $551,517 and their total compensation is $612,227.


Official website here: www.goodwillsv.org

What is the revenue of Goodwill Of Silicon Valley Inc?

Goodwill Of Silicon Valley Inc's revenue in 2022 was $62,194,119.


Official website here: www.goodwillsv.org

Who are the executives of Goodwill Of Silicon Valley Inc and what are their salaries?

The average compensation at Goodwill Of Silicon Valley Inc during 2022 was $18,794. There are 1483 employees and 231 volunteers at Goodwill Of Silicon Valley Inc.


Here are 19 key members and their salaries (Goodwill Of Silicon Valley Inc's CEO's salary is $551,517 and their total compensation is $612,227):


Inder Sidhu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Welker (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Boyce (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Cunneen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Enfantino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Hallgrimson (Vice Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Gomez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ru Weerakoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Goehring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Campagna (Board Chair/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Fox (President & Ceo)
  • Compensation: $551,517
  • Related: $0
  • Other: $60,710
Christopher Baker (Cfo)
  • Compensation: $308,217
  • Related: $0
  • Other: $37,453
Trish Dorsey (Vp Of Mission Services)
  • Compensation: $200,188
  • Related: $0
  • Other: $22,192
Stephen Borasi (Vp Of Retail/E-Commerce)
  • Compensation: $171,671
  • Related: $0
  • Other: $613
Donald Aguilar (Vp Of Human Resources)
  • Compensation: $128,151
  • Related: $0
  • Other: $3,721
Michael Mancini (Strategic Vp)
  • Compensation: $138,837
  • Related: $0
  • Other: $6,776
Chris Schumb (Legal Council)
  • Compensation: $228,947
  • Related: $0
  • Other: $207


Official website here: www.goodwillsv.org

Where can I find the form 990 for Goodwill Of Silicon Valley Inc?

Goodwill Of Silicon Valley Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodwillsv.org

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

Mission Statement of Goodwill Of Silicon Valley Inc

Goodwill of Silicon Valley, a nonprofit organization, strives to help people overcome employment barriers through the provision of training and placement support. Their ultimate goal is to improve the living standards and enhance the lives of their employees, customers, and those with challenging barriers to employment.

Goodwill of Silicon Valley operates retail programs that function as a cost-effective social enterprise. This business model involves the collection, processing, and sales of used goods. These programs offer paid work experience and job skills training for individuals with significant and severe barriers to employment. By providing opportunities for those disconnected from the workforce, Goodwill of Silicon Valley not only supports the community but also promotes its green initiative. This initiative diverts 34 million pounds of trash from landfills annually, making it an environmentally friendly endeavor.

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Impact




October, 2024

Goodwill of Silicon Valley Inc. significantly impacts the community by aiding individuals in overcoming barriers to employment through comprehensive training and placement support. Its retail programs serve as a cost-effective social enterprise, focusing on the collection, processing, and sale of used goods. This model not only creates paid work experiences but also equips individuals facing severe challenges with essential job skills.

By diverting 34 million pounds of waste from landfills annually, Goodwill enhances environmental sustainability. This green initiative contributes to a cleaner community while promoting recycling and responsible consumption. Overall, Goodwill of Silicon Valley plays a crucial role in improving the living standards of those it serves, fostering economic empowerment, and advocating for a more sustainable environment.




This information is meant to be a general summary of Goodwill Of Silicon Valley 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.

Revenue
$62,194,119 (2022)
Expenses
$52,449,182 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $799,692
  • Program Service Revenue: $1,505,747
  • Gross Receipts: $77,901,388

Assets and Liabilities:

  • Total Assets: $74,982,181
  • Total Liabilities: $19,113,385
  • Net Assets: $55,868,796

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Programs

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

PRODUCTION PROGRAMS

Revenue

$1,440,472

VOCATIONAL SCHOOL FEES

Revenue

$65,275

Organization Details

Founding Year

1942

Principal Officer

Chris Baker

Main Address

1080 N SEVENTH STREET, SAN JOSE, CA, 951124425

NTEE Category

Code: J30 - Employment

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