Goodwill Industries Of Mid-Michigan Inc
- Assets
- $18.6m
- Revenue
- $33.0m
- Investments
- $0.0
- Employees
- 941
- Location
- Flint, MI
- Founding
- 04/1947
- Data as of
- 12/2022
- EIN
- 38-1358009
Organization Overview
Goodwill Industries Of Mid-Michigan Inc is located in Flint, MI. The organization was established in 1947. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2022, Goodwill Industries Of Mid-Michigan Inc employed 941 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Mid-Michigan 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 12/2022, Goodwill Industries Of Mid-Michigan Inc generated $33.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $29.7m during the year ending 12/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST INDIVIDUALS WITH BARRIERS TO EMPLOYMENT IN MAKING THE TRANSITION TO INDEPENDENCE AND SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTED GOODS PRODUCTION - 526 SERVED
REHABILITATION - 463 SERVED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Ethington Chairperson | OfficerTrustee | 1 | $0 |
Lawrence Gawthrop Treasurer | OfficerTrustee | 1 | $0 |
Kristy Cantleberry Secretary | OfficerTrustee | 1 | $0 |
Linda Morris Belford Director | Trustee | 1 | $0 |
Tom A Gisewhite Director | Trustee | 1 | $0 |
Claude High Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,270 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,622,590 |
| Noncash contributions included in lines 1a–1f | $10,424,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,634,860 |
| Total Program Service Revenue | $22,341,936 |
| Investment income | $26,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,400 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,008,662 |
| 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. | $534,638 |
| Compensation of current officers, directors, key employees. | $262,132 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,213,966 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $672,004 |
| Payroll taxes | $941,507 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,815 |
| Fees for services: Accounting | $18,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,248 |
| Advertising and promotion | $156,595 |
| Office expenses | $175,145 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,300,855 |
| Travel | $438,156 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $234,010 |
| Insurance | $0 |
| All other expenses | $152,767 |
| Total functional expenses | $29,741,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,641,673 |
| Savings and temporary cash investments | $4,720,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $427,065 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,520,418 |
| Prepaid expenses and deferred charges | $257,305 |
| Net Land, buildings, and equipment | $1,013,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,062,538 |
| Total assets | $18,643,500 |
| Accounts payable and accrued expenses | $957,874 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,976,453 |
| Total liabilities | $6,934,327 |
| Net assets without donor restrictions | $11,709,173 |
| Net assets with donor restrictions | $0 |
| 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 | $18,643,500 |