Goodwill Industries Of Northern Michigan Inc
- Assets
- $28.9m
- Revenue
- $20.3m
- Investments
- $0.0
- Employees
- 355
- Location
- Traverse City, MI
- Founding
- 12/1993
- Data as of
- 09/2023
- EIN
- 38-1976268
Organization Overview
Goodwill Industries Of Northern Michigan Inc is located in Traverse City, MI. The organization was established in 1993. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 09/2023, Goodwill Industries Of Northern Michigan Inc employed 355 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Northern 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 09/2023, Goodwill Industries Of Northern Michigan Inc generated $20.3m 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 $20.5m during the year ending 09/2023. While expenses have increased by 4.2% 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
GOODWILL STRENGTHENS COMMUNITIES BY EMPOWERING PEOPLE IN NEED TO REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATED GOODS/RETAIL OPERATIONS - THE ORGANIZATION UTILIZES ITS EIGHT RETAIL STORES, E-COMMERCE, AND SALVAGE OPERATIONS TO PROVIDE ON-THE-JOB TRAINING AND EMPLOYMENT OPPORTUNITIES. REVENUE FROM THE SALE OF DONATED CLOTHING AND OTHER HOUSEHOLD GOODS GOES DIRECTLY TOWARD GROWING AND SUPPORTING CRITICAL COMMUNITY-BASED PROGRAMS AND SERVICES.
JOB SERVICES - THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAM PROVIDES THE ORGANIZATION'S EMPLOYEES WITH GROWTH AND DEVELOPMENT OPPORTUNITIES SO THEY CAN EXPAND THEIR PERSONAL AND PROFESSIONAL CAPABILITES AND TAKE ON LARGER CHALLENGES WITH GOODWILL OR IN POSITIVE DESTINATIONS BEYOND GOODWILL.
FOOD SERVICES - THE ORGANIZATION'S FOOD SERVICES PROGRAMS WORK TO INCREASE FOOD SECURITY FOR PEOPLE WHO STRUGGLE TO ACCESS THE NUTRITIOUS FOOD THEY NEED. OUR FOOD RESCUE PROGRAM RESCUES, HARVESTS, REPACKS, AND DISTRIBUTES OVER 2 MILLION POUNDS OF FOOD A YEAR. WE PICK UP 8,000 POUNDS OF FOOD A DAY FROM GROCERY STORES, BAKERIES AND FARMS, AND DELIVER IT ON THE SAME DAY TO OVER 70 FOOD PANTRIES AND COMMUNITY MEAL SITES, AT NO COST TO THE PANTRIES. 80% OF THE FOOD WE DELIVER IS FRESH AND FROZEN BREAD, DAIRY, MEAT, FRUITS, AND VEGETABLES FULL OF NUTRIENTS NEEDED BY THE 16,000 CHILDREN, SENIORS, FAMILIES, AND PEOPLE IN OUR REGION WHO FACE FOOD INSECURITY. OUR GOOD MEALS FOOD SERVICE PROGRAM AT THE GOODWILL INN PREPARES OVER 150,000 MEALS A YEAR FOR PEOPLE EXPERIENCING HOMELESSNESS, PEOPLE IN RECOVERY, AND SENIORS IN NMCAA'S MEALS ON WHEELS PROGRAM.
HOUSING AND HOMELESS SERVICES - THE ORGANIZATION'S HOUSING AND HOMELESS SERVICES PROGRAMS HELP OVER 1,000 PEOPLE A YEAR ACCESS SHELTER AND HOUSING. STREET OUTREACH ENGAGES PEOPLE EXPERIENCING UNSHELTERED HOMELESSNESS WHERE THEY ARE TO OFFER HELP FINDING SAFE AND SECURE HOUSING. THE GOODWILL INN PROVIDES TEMPORARY EMERGENCY SHELTER FOR ADULTS AND FAMILIES EXPERIENCING HOMELESSNESS. CARSON SQUARE PROVIDES PERMANENT SUPPORTIVE HOUSING FOR PEOPLE EXPERIENCING HOMELESSNESS, PEOPLE WITH SPECIAL NEEDS, AND PEOPLE FLEEING DOMESTIC VIOLENCE USING SITE-BASED VOUCHERS. PATRIOT PLACE PROVIDES TRANSITIONAL HOUSING FOR VETERANS EXITING HOMELESSNESS. OUR HOUSING-BASED CASE MANAGERS PROVIDE SUPPORT TO PEOPLE ONCE THEY MOVE INTO HOUSING TO HELP THEM MAINTAIN LONG-TERM HOUSING STABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Redman Chairperson | OfficerTrustee | 0.2 | $0 |
Mike Brown Vice Chairperson | OfficerTrustee | 0.2 | $0 |
Christie Minervini Vice Chairperson | OfficerTrustee | 0.2 | $0 |
Jody N Trietch Secretary | OfficerTrustee | 0.2 | $0 |
Kelly Miller Treasurer | OfficerTrustee | 0.2 | $0 |
Lezlie Garvin Director | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,094,184 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,595,025 |
| Noncash contributions included in lines 1a–1f | $4,722,122 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,689,209 |
| Total Program Service Revenue | $13,310,815 |
| Investment income | $431,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$262,714 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,250,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $264,671 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $428,472 |
| Compensation of current officers, directors, key employees. | $428,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,684,591 |
| Pension plan accruals and contributions | $63,722 |
| Other employee benefits | $527,667 |
| Payroll taxes | $520,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,063 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,267 |
| Fees for services: Other | $476,687 |
| Advertising and promotion | $133,753 |
| Office expenses | $677,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,434,660 |
| Travel | $231,052 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,991 |
| Interest | $81,374 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $527,149 |
| Insurance | $111,782 |
| All other expenses | $144,195 |
| Total functional expenses | $20,461,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $560,771 |
| Savings and temporary cash investments | $2,977,022 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,350,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $610,117 |
| Prepaid expenses and deferred charges | $29,062 |
| Net Land, buildings, and equipment | $13,690,505 |
| Investments—publicly traded securities | $7,853,882 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $814,962 |
| Total assets | $28,887,034 |
| Accounts payable and accrued expenses | $1,195,796 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $865,000 |
| Escrow or custodial account liability | $78,944 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,139,320 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,279,060 |
| Net assets without donor restrictions | $19,737,437 |
| Net assets with donor restrictions | $870,537 |
| 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 | $28,887,034 |