Goodwill Industries Of The Heartland
- Assets
- $47.5m
- Revenue
- $38.9m
- Investments
- $0.0
- Employees
- 1,040
- Location
- Cedar Rapids, IA
- Founding
- 06/1966
- Data as of
- 12/2022
- EIN
- 42-0923563
Organization Overview
Goodwill Industries Of The Heartland is located in Cedar Rapids, IA. The organization was established in 1966. 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 The Heartland employed 1,040 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of The Heartland 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 The Heartland generated $38.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $34.5m during the year ending 12/2022. While expenses have increased by 0.7% 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
WE HELP PEOPLE REACH THEIR FULL POTENTIAL THROUGH EDUCATION, TRAINING AND THE POWER OF WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL'S DONATED GOODS AND RETAIL PROGRAM SUPPORTS THE MISSION WITH THE SALE OF GENTLY USED DONATIONS. THE PROGRAM PROVIDES VOCATIONAL TRAINING, WORK SKILLS DEVELOPMENT AND JOB PLACEMENT TO INDIVIDUALS WITH DISABILITIES AND OTHER CHALLENGES TO EMPLOYMENT. IN 2022, 80 PERSONS WITH DISABILITIES AND OTHER CHALLENGES TO EMPLOYMENT WORKED IN THE DONATED GOODS AND RETAIL PROGRAM.
GOODWILL'S CLIENT TRAINING AND DEVELOPMENT PROGRAM PROVIDES LIFE SKILLS, WORK SKILLS TRAINING, COUNSELING, VOCATIONAL EVALUATION, JOB PLACEMENT OPPORTUNITIES, POST EMPLOYMENT SUPPORT AND ASSISTANCE TO PEOPLE WHO EXPERIENCE BARRIERS TO INDEPENDENCE. IN 2022, 250 JOBS WERE CREATED WITH AN AVERAGE WAGE OF $14.14 AN HOUR. GOODWILL'S INTENSIVE SERVICES PROVIDED 1,776 SERVICES TO 2,416 INDIVIDUALS. AN ADDITIONAL 640 INDIVIDUALS UTILIZED GOODWILL'S BASIC SERVICES. IN 2022, GOODWILL PROVIDED 9,839 INDIVIDUALS WITH CLOTHING VOUCHERS.
GOODWILL'S CONTRACT PROGRAM SUPPORTS THE MISSION WITH REVENUE FROM A VARIETY OF INDIVIDUALIZED CONTRACT SITES. THE CONTRACT PROGRAM PROVIDES VOCATIONAL TRAINING, WORK SKILLS DEVELOPMENT AND JOB PLACEMENT TO INDIVIDUALS WITH DISABILITIES AND OTHER CHALLENGES TO EMPLOYMENT. IN 2022, 49 PERSONS WITH DISABILITIES AND OTHER CHALLENGES TO EMPLOYMENT WORKED IN THE CONTRACT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shileny Lisa Chair | OfficerTrustee | 2 | $0 |
Schafer Jodi Vice Chair | OfficerTrustee | 2 | $0 |
Helle Todd Treasurer | OfficerTrustee | 2 | $0 |
Banker Julie Secretary | OfficerTrustee | 2 | $0 |
Carter Keith Director | Trustee | 2 | $0 |
Ditri Frank A Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aim Integrated Logistics Inc Logistics | 12/30/22 | $725,075 |
Quad City Construction Services Inc Maintenance/remodel | 12/30/22 | $363,917 |
Involta Llc It Service/computer Hardware | 12/30/22 | $398,456 |
Corridor Building Solutions Maintenance/remodel | 12/30/22 | $525,605 |
Des Staffing Services Inc Temporary Labor | 12/30/22 | $280,125 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $70,974 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $532,635 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,854,714 |
| Noncash contributions included in lines 1a–1f | $3,607,414 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,458,323 |
| Total Program Service Revenue | $4,870,266 |
| Investment income | $267,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,127,193 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,030,936 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,875,112 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $27,896 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $495,313 |
| Compensation of current officers, directors, key employees. | $495,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,535,780 |
| Pension plan accruals and contributions | $545,208 |
| Other employee benefits | $1,939,668 |
| Payroll taxes | $1,605,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,074 |
| Fees for services: Accounting | $38,036 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,124 |
| Fees for services: Other | $300,769 |
| Advertising and promotion | $360,658 |
| Office expenses | $2,041,193 |
| Information technology | $845,769 |
| Royalties | $0 |
| Occupancy | $5,128,550 |
| Travel | $1,002,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,809 |
| Interest | $0 |
| Payments to affiliates | $197,602 |
| Depreciation, depletion, and amortization | $1,099,255 |
| Insurance | $194,148 |
| All other expenses | $0 |
| Total functional expenses | $34,479,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,112,099 |
| Pledges and grants receivable | $127,256 |
| Accounts receivable, net | $874,952 |
| Loans from Officers, Directors, or Controlling Persons | $6,705,273 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,412,591 |
| Prepaid expenses and deferred charges | $638,790 |
| Net Land, buildings, and equipment | $9,742,353 |
| Investments—publicly traded securities | $13,443,222 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,484,015 |
| Total assets | $47,540,551 |
| Accounts payable and accrued expenses | $2,537,368 |
| Grants payable | $0 |
| Deferred revenue | $214,031 |
| Tax-exempt bond liabilities | $1,919,783 |
| 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 | $6,675,168 |
| Total liabilities | $11,346,350 |
| Net assets without donor restrictions | $36,152,576 |
| Net assets with donor restrictions | $41,625 |
| 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 | $47,540,551 |