Goodwill Industries Vocational Enterprises Inc

Organization Overview

Goodwill Industries Vocational Enterprises Inc is located in Duluth, MN. The organization was established in 1968. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 06/2024, Goodwill Industries Vocational Enterprises Inc employed 448 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Vocational Enterprises 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 06/2024, Goodwill Industries Vocational Enterprises Inc generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $16.4m during the year ending 06/2024. While expenses have increased by 9.9% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRING PERSONAL TRANSFORMATION THROUGH THE POWER OF LEARNING AND CAREER DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

JOB TRAINING AND CAREER SERVICES:TRUE NORTH GOODWILL'S JOB TRAINING AND CAREER SERVICES PROGRAMS HELP INDIVIDUALS WHO FACE BARRIERS TO SELF-SUFFICIENCY PREPARE FOR THE WORKPLACE THROUGH CASE MANAGEMENT, JOB SKILLS AND JOB READINESS TRAINING, ON-THE-JOB TRAINING, PLACEMENT, AND POST-PLACEMENT SERVICES. TRUE NORTH GOODWILL (TNG) PROVIDES PAID EMPLOYMENT SERVICES BOTH WITHIN TNG'S FACILITIES AND IN THE LOCAL COMMUNITY IN COMBINATION WITH TRAINING AS A PATHWAY TO INDIVIDUALS DEVELOPING SKILLS AND OVERCOMING BARRIERS TO EMPLOYMENT. EMPLOYMENT IS ALSO PROVIDED THROUGH TNG BUSINESS SERVICE CONTRACTS WITH LOCAL BUSINESSES AND ORGANIZATIONAL PARTNERS. THESE CONTRACTS INCLUDE JANITORIAL, LAWNCARE, ENTRY LEVEL MANUFACTURING, SHRINK WRAPPING, BOXING, STOCKING, OUTDOOR LAYDOWN STORAGE, PACKING/SORTING, GENERAL ASSEMBLY AND MORE. EMPLOYMENT OPPORTUNITIES ALLOW INDIVIDUALS TO DEVELOP SKILLS WHILE THEY EXPLORE AND TRAIN FOR CAREERS THAT WILL ENABLE THEM TO GAIN GREATER FINANCIAL INDEPENDENCE, TRANSFORM LIVES FOR GENERATIONS, AND CONTRIBUTE TO STRONGER COMMUNITIES. DURING THE YEAR ENDING JUNE 30, 2024, TNG PROVIDED OVER 1,000 SERVICES RELATED TO EMPLOYMENT AND TRAINING.


RETAIL SERVICES:TRUE NORTH GOODWILL'S MISSION IS SUPPORTED FINANCIALLY THROUGH OUR RETAIL STORES AND DONATION CENTERS. WITH OUR MISSION SERVICES PROGRAMS AND CAREER NAVIGATION CENTERS, WE PROVIDE PEOPLE WITH THE SKILLS AND TRAINING TO OVERCOME BARRIERS TO EMPLOYMENT AND GAIN STRONGER INDEPENDENCE. RETAIL REVENUES ARE REINVESTED BACK INTO THE 29 COUNTY TERRITORY WE SERVE IN NORTHERN MINNESOTA AND NORTHWESTERN WISCONSIN. IN ADDITION, OUR RETAIL STORES PROVIDE CUSTOMERS WITH AN AFFORDABLE SHOPPING EXPERIENCE FOR CLOTHING AND HOUSEHOLD ITEMS, WHILE KEEPING MILLIONS OF POUNDS OF ITEMS OUT OF THE LANDFILL EACH YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Elise Popelka
Vice Chair
$0
Annette Gunter
Secretary
$0
Jana Kayser
Chair
$0
John Erpestad
Director
$0
Jody O'connor
Director
$0
Atoinette Pearson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$20,250
Related organizations$0
Government grants $283,935
All other contributions, gifts, grants, and similar amounts not included above$6,666,844
Noncash contributions included in lines 1a–1f $6,527,189
Total Revenue from Contributions, Gifts, Grants & Similar$6,971,029
Total Program Service Revenue$8,536,150
Investment income $150,689
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $14,300
Net Gain/Loss on Asset Sales $302,259
Net Income from Fundraising Events -$8,834
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,984,921

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