Goodwill Industries Vocational Enterprises Inc
- Assets
- $10.3m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 422
- Location
- Duluth, MN
- Founding
- 03/1968
- Data as of
- 06/2022
- EIN
- 41-0919602
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 06/2022, Goodwill Industries Vocational Enterprises Inc employed 422 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 06/2022, Goodwill Industries Vocational Enterprises Inc generated $8.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $6.1m during the year ending 06/2022. 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
GOODWILL'S MISSION IS TRANSFORMING LIVES FOR GENERATIONS THROUGH LEARNING AND THE POWER OF WORK. WE PROVIDE TRAINING, JOBS, AND SUPPORT SERVICES FOR PEOPLE WITH BARRIERS TO EMPLOYMENT WHO SEEK GREATER INDEPENDENCE. OUR VISION IS THAT ALL PEOPLE HAVE THE OPPORTUNITY TO ACHIEVE SUCCESS IN THEIR PURSUIT OF WORK, INDEPENDENCE, AND A GREATER QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT SERVICES: -CENTER BASED EMPLOYMENT- PAID EMPLOYMENT WITHIN GOODWILL'S FACILITIES THAT ENABLES INDIVIDUALS TO DEVELOP THEIR MAXIMUM VOCATIONAL POTENTIAL WITHIN A STRUCTURED AND SUPPORTIVE ENVIRONMENT. WORK IS THE BASIS OF ALL SERVICES. CENTER-BASED WORK OPPORTUNITIES INCLUDE CLERICAL, RETAIL, LIGHT MANUFACTURING AND SORTING/PRICING OF DONATED HOUSEHOLD ITEMS. IN THE YEAR ENDED 06/30/2022, GOODWILL SUPPORTED 62 CLIENTS THROUGH THE CENTER BASED EMPLOYMENT PROGRAM. -COMMUNITY AND SUPPORTED EMPLOYMENT- PAID EMPLOYMENT IN THE LOCAL BUSINESS COMMUNITY THAT ENABLES INDIVIDUALS TO DEVELOP THEIR MAXIMUM VOCATIONAL POTENTIAL WITHIN A STRUCTURED AND SUPPORTIVE ENVIRONMENT. WORK IS THE BASIS OF ALL SERVICES. COMMUNITY-BASED WORK OPPORTUNITIES INCLUDE JANITORIAL SERVICES, HOUSEKEEPING, DISHWASHING, FOOD PREPARATION, ETC. GOODWILL STAFF PROVIDE ONGOING SUPPORT TO WORKERS IN THE COMMUNITY. IN THE YEAR ENDED 06/30/2022, GOODWILL EMPLOYED 7 CLIENTS THROUGH THE COMMUNITY BASE EMPLOYMENT PROGRAM AND PLACED 12 CLIENTS THROUGH SUPPORTED EMPLOYMENT PROGRAM.
RETAIL SERVICES: GOODWILL'S MISSION CAN BE SEEN AT WORK THROUGH RETAIL STORES AND DONATION COLLECTION SITES WHICH CREATES AN ACCESSIBLE SHOPPING EXPERIENCE FOR ALL, AN ENVIRONMENTALLY CONSCIOUS ALTERNATIVE TO THE LANDFILL, AND HELPS TO SUPPORT TRAINING AND EMPLOYMENT SERVICES FOR HUNDREDS OF PEOPLE ANNUALLY. THE MAJORITY OF OUR TOTAL REVENUES ARE DEDICATED TO GIVING BACK TO THE COMMUNITIES WE SERVE. TRANSFORMING LIVES FOR GENERATIONS THROUGH THE POWER OF WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcene Vogt CEO And President | Officer | 40 | $154,322 |
Rosanna Hoff Director Of Finance | Officer | 40 | $100,424 |
Vince Jones Treasurer | OfficerTrustee | 1 | $0 |
Jana Kayser Secretary | OfficerTrustee | 1 | $0 |
Steve Sharkey Past Chair | OfficerTrustee | 1 | $0 |
Antoinette Pearson Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,121 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,071,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,312 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,130,933 |
| Total Program Service Revenue | $325,892 |
| Investment income | $16,423 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $55,137 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,711,620 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,256,906 |
| 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. | $306,074 |
| Compensation of current officers, directors, key employees. | $180,048 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,232,358 |
| Pension plan accruals and contributions | $75,590 |
| Other employee benefits | $231,269 |
| Payroll taxes | $372,353 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $99,614 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,062 |
| Fees for services: Other | $65,075 |
| Advertising and promotion | $12,218 |
| Office expenses | $305,838 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $839,057 |
| Travel | $29,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,513 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $206,098 |
| Insurance | $59,953 |
| All other expenses | $0 |
| Total functional expenses | $6,098,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,714,852 |
| Savings and temporary cash investments | $97,334 |
| Pledges and grants receivable | $6,121 |
| Accounts receivable, net | $1,015,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $340,025 |
| Prepaid expenses and deferred charges | $126,975 |
| Net Land, buildings, and equipment | $1,890,167 |
| Investments—publicly traded securities | $4,085,524 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,699 |
| Total assets | $10,334,312 |
| Accounts payable and accrued expenses | $371,234 |
| 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 | $6,454 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $377,688 |
| Net assets without donor restrictions | $9,953,563 |
| Net assets with donor restrictions | $3,061 |
| 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 | $10,334,312 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Goodwill Industries Vocational Enterprises Inc has recieved totaling $30,901.
| Awarding Organization | Amount |
|---|---|
Northland Foundation Duluth, MN PURPOSE: TO PROVIDE FINANCIAL SUPPORT TO BUSINESSES AND NONPROFITS ADVERSELY IMPACTED BY THE COVID-19 PANDEMIC. | $25,000 |
Head Of The Lakes United Way Duluth, MN PURPOSE: COMMUNITY EMPLOYMENT, DESIGNATIONS | $5,876 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Northeast Iowa Inc Waterloo, IA | $16,595,417 | $20,700,717 |
Goodwill Industries Of Central Iowa Johnston, IA | $31,035,628 | $20,648,374 |
Mid-America Agri-Industries Voluntary Employees Beneficiary Sioux City, IA | $359,001 | $11,751,713 |
Goodwill Industries Vocational Enterprises Inc Duluth, MN | $10,334,312 | $8,256,906 |
Goodwill-Easter Seals Foundation Inc St Paul, MN | $8,176,648 | $1,870,596 |
Goodwill Solutions Inc Johnston, IA | $958,551 | $1,175,627 |
Ettrick Industries Inc Ettrick, WI | $752,874 | $611,823 |
Goodwill Industries Development Corporation Menasha, WI | $1,978,453 | $186,804 |