Morgan Memorial Goodwill Industries Inc is located in Boston, MA. The organization was established in 1928. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 06/2023, Morgan Memorial Goodwill Industries Inc employed 689 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Morgan Memorial Goodwill Industries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Morgan Memorial Goodwill Industries Inc generated $35.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $33.0m during the year ending 06/2023. While expenses have increased by 2.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INDEPENDENCE AND DIGNITY THROUGH WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHEDULE O: JOB TRAINING AND CAREER SERVICESGOODWILL IS A COMMUNITY-BASED ORGANIZATION AND A LEADING PROVIDER OF JOB TRAINING AND CAREER SERVICES IN MASSACHUSETTS. GOODWILL'S MISSION SERVICES HELP INDIVIDUALS WHO FACE BARRIERS TO SELF-SUFFICIENCY PREPARE FOR THE WORKPLACE, FIND JOBS AND ADVANCE IN ORDER TO SUPPORT THEMSELVES AND THEIR FAMILIES. IN THE YEAR ENDING JUNE 30, 2023, GOODWILL SERVED 4,657 INDIVIDUALS THROUGH ITS MISSION SERVICES.MASSHIRE BOSTON CAREER CENTER, THE ONE-STOP CAREER CENTER GOODWILL OPERATES, ASSISTED 4,224 INDIVIDUALS WITH CAREER SERVICES AND REFERRALS TO TRAINING PROGRAMS, DOCUMENTED 471 PLACEMENTS, AND ENGAGED 91 BUSINESSES IN 97 ON-SITE AND VIRTUAL RECRUITMENT SESSIONS. PLACEMENT-ORIENTED JOB TRAINING PROGRAMS ENROLLED 307 INDIVIDUALS CONSIDERED HARDEST TO EMPLOY, OFFERING CASE MANAGEMENT, JOB SKILLS AND JOB READINESS TRAINING, ON-THE-JOB-TRAINING, PLACEMENT, AND POST-PLACEMENT SERVICES. THESE TRAINEES INCLUDED INDIVIDUALS WITH LIMITED WORK HISTORIES AND LOW EDUCATIONAL ATTAINMENT, CITIZENS RETURNING FROM CORRECTION, VICTIMS OF DOMESTIC VIOLENCE, AND THOSE WITH DEVELOPMENTAL AND OTHER DISABILITIES. GOODWILL'S SOCIAL ENTERPRISES PROVIDED WORK EXPERIENCE AND A PAYCHECK TO 168 INDIVIDUALS IN RETAIL AND HOUSEKEEPING/MAINTENANCE. (THE RETAIL PROGRAM IS DESCRIBED IN PART III, LINE 4B.) IN ADDITION, GOODWILL OFFERED A RANGE OF PRE-VOCATIONAL AND OTHER DAY PROGRAMS TO 76 INDIVIDUALS WITH DEVELOPMENTAL AND OTHER DISABILITIES, INCLUDING PUBLIC HIGH SCHOOL STUDENTS WITH SPECIAL NEEDS.
SCHEDULE O: RETAIL PROGRAMTHE RETAIL PROGRAM IS A SOCIAL ENTERPRISE THAT BENEFITS THE COMMUNITY BY PROVIDING JOBS AND JOB TRAINING FOR INDIVIDUALS WITH BARRIERS TO EMPLOYMENT AND MAKING QUALITY, LOW-COST GOODS AVAILABLE AT AFFORDABLE PRICES. IN THE YEAR ENDING JUNE 30, 2023, GOODWILL'S RETAIL PROGRAM OPERATED 14 STORES AND COLLECTED DONATIONS AT 14 SITES THROUGHOUT MASSACHUSETTS. THE RETAIL PROGRAM PROVIDED JOBS AND JOB TRAINING OPPORTUNITIES IN COLLECTING, SORTING, DISTRIBUTING, MERCHANDISING, AND SELLING DONATED GOODS. IT ALSO OFFERED A VEHICLE FOR RECYCLING CLOTHING AND HOUSEHOLD GOODS AND CREATED ECONOMIC VITALITY IN THE COMMUNITIES IN WHICH THE STORES AND OPERATIONS ARE LOCATED.FORM 990, PART IV, LINES 12A-12B, AND 34:RELATED TAX-EXEMPT ENTITYMORGAN MEMORIAL GOODWILL INDUSTRIES, INC. ESTABLISHED GOODWILL HEADQUARTERS, INC., A 501(C)(3) ORGANIZATION, IN MAY 2010 AS A SUPPORTING ORGANIZATION FOR MORGAN MEMORIAL GOODWILL INDUSTRIES, INC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joanne K Hilferty President & CEO | OfficerTrustee | 39.75 | $543,644 |
Sally Mason Boemer Chair | OfficerTrustee | 2.75 | $0 |
Linda Williams Vice Chair (thru 3/23); Board Member | OfficerTrustee | 1.75 | $0 |
Paul Andrew Vice Chair (from 3/23) | OfficerTrustee | 1.75 | $0 |
Nancy Aubrey Treasurer (thru 3/23) | OfficerTrustee | 2.75 | $0 |
John Doucette Board Member; Treasurer (from 3/23) | OfficerTrustee | 2.75 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Metro Equipment Corporation Construction | 6/29/23 | $2,468,933 |
Greenpages Inc It Support | 6/29/23 | $425,721 |
M&m Transportation Transportation | 6/29/23 | $636,584 |
Republic Services Trash Removal | 6/29/23 | $374,405 |
Allied Universal Security Service | 6/29/23 | $420,843 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $240,964 |
Related organizations | $0 |
Government grants | $812,137 |
All other contributions, gifts, grants, and similar amounts not included above | $9,473,684 |
Noncash contributions included in lines 1a–1f | $8,206,041 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,526,785 |
Total Program Service Revenue | $8,934,038 |
Investment income | $979,249 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,513 |
Net Gain/Loss on Asset Sales | $846,048 |
Net Income from Fundraising Events | -$51,357 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $14,052,214 |
Miscellaneous Revenue | $0 |
Total Revenue | $35,289,490 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,048,476 |
Compensation of current officers, directors, key employees. | $754,835 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,752,940 |
Pension plan accruals and contributions | $112,629 |
Other employee benefits | $1,530,731 |
Payroll taxes | $1,124,985 |
Fees for services: Management | $0 |
Fees for services: Legal | $28,436 |
Fees for services: Accounting | $156,637 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $55,200 |
Fees for services: Investment Management | $106,136 |
Fees for services: Other | $1,295,479 |
Advertising and promotion | $155,137 |
Office expenses | $51,591 |
Information technology | $420,986 |
Royalties | $0 |
Occupancy | $6,116,073 |
Travel | $1,237,686 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $44,817 |
Interest | $208,914 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,175,640 |
Insurance | $500,124 |
All other expenses | $232,226 |
Total functional expenses | $33,008,966 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,732,472 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,281,451 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $738,544 |
Prepaid expenses and deferred charges | $547,998 |
Net Land, buildings, and equipment | $6,395,907 |
Investments—publicly traded securities | $24,853,026 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,858,117 |
Total assets | $62,407,515 |
Accounts payable and accrued expenses | $2,351,771 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,085,571 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $14,927,124 |
Total liabilities | $21,364,466 |
Net assets without donor restrictions | $21,077,392 |
Net assets with donor restrictions | $19,965,657 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $62,407,515 |