Goodwill Industries Of The Southern Piedmont Inc
- Assets
- $115.0m
- Revenue
- $88.4m
- Investments
- $0.0
- Employees
- 3,121
- Location
- Charlotte, NC
- Founding
- 10/1965
- Data as of
- 12/2023
- EIN
- 56-0844639
Organization Overview
Goodwill Industries Of The Southern Piedmont Inc is located in Charlotte, NC. The organization was established in 1965. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. As of 12/2023, Goodwill Industries Of The Southern Piedmont Inc employed 3,121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of The Southern Piedmont 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 12/2023, Goodwill Industries Of The Southern Piedmont Inc generated $88.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $89.2m during the year ending 12/2023. While expenses have increased by 6.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GOODWILL BUILDS PATHWAYS THAT HELP PEOPLE PURSUE THE LIFE THEY WANT TO ACHIEVE. GOODWILL EXISTS TO HELP PEOPLE SEE POSSIBILITIES, SEIZE OPPORTUNITIES AND PROSPER. WE PARTNER WITH INDIVIDUALS TO IDENTIFY THEIR STRENGTHS, INTERESTS AND GOALS TO DEVELOP MARKETABLE SKILLS TO PURSUE MEANINGFUL AND FULFILLING WORK THAT PROVIDES FINANCIAL WELL-BEING, PERSONAL GROWTH AND ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS ENTERPRISE "BE": THE PROGRAM OFFERS OPPORTUNITIES TO INDIVIDUALS SEEKING TO DEVELOP AND BUILD THEIR SKILL SETS TO ENHANCE THEIR POTENTIAL FOR FUTURE EMPLOYMENT IN PRODUCTION, CUSTOMER SERVICE, AND IN RETAIL. OUR RETAIL STORES PROVIDE SPECIALIZED TRAINING AND HANDS-ON EXPERIENCE IN THE AFOREMENTIONED AREAS THROUGH TEMPORARY AND/OR PERMANENT EMPLOYMENT. THE AGENCY OFFERS ASSET RECOVERY AND MANUFACTURING SERVICES USING THE HIGHEST INDUSTRY STANDARDS FOR ENVIRONMENTAL SAFETY AND DATA SECURITY. THE COMPUTER RECYCLING PROGRAM HAS DIVERTED TONS OF POTENTIAL WASTE FROM REACHING LANDFILLS. THIS MULTI-FACETED PROGRAM HELPS GENERATE JOBS, PROVIDES A VALUABLE SERVICE TO THE COMMUNITY, PROVIDES JOB TRAINING OPPORTUNITIES AND HELPS PRESERVE THE ENVIRONMENT. IN 2023, WE PAID 34.5M IN PAYROLL FOR THIS GROUP.
CAREER ADVANCEMENT OPPORTUNITIES SERVICES MATCHES INDIVIDUAL SKILLS AND ABILITIES WITH THE NEEDS OF PROSPECTIVE EMPLOYERS, AND PROVIDES JOB READINESS AND LIFE SKILLS TRAINING TO HELP PREPARE INDIVIDUALS FOR THE WORLD OF WORK. RETENTION STRATEGIES ASSIST PARTICIPANTS IN MAINTAINING EMPLOYMENT AND EXPLORING CAREER DEVELOPMENT OPPORTUNITIES.
GOODWORK STAFFING IS AN IMPORTANT SERVICE PROVIDED TO BOTH INDIVIDUALS AND EMPLOYERS SEEKING TEMPORARY, TEMP-TO-HIRE AND DIRECT HIRE PLACEMENT SUPPORT IN KEY INDUSTRIES IN OUR REGION. THIS SERVICE CONNECTS THE COMMUNITY MEMBERS WITH ACCESS TO GREAT JOBS AT GREAT COMPANIES, GIVING THEM WORK EXPERIENCE AND A FOOT-IN-THE-DOOR, WHILE HELPING EMPLOYERS RECRUIT A DIVERSE AND EAGER TALENT POOL. THE PURPOSE OF GOODWORK STAFFING IS TO WORK WITH INDIVIDUALS AND EMPLOYERS TO MATCH SKILLS AND INTERESTS WITH TALENT AND EMPLOYMENT OPPORTUNITY. IN 2023, GOODWORK STAFFING PROVIDED MORE THAN 300,000 PAID WORK HOURS, OVER $6.2M IN WAGES AND ASSISTED PARTICIPANTS WITH JOB OPPORTUNITIES IN LIGHT INDUSTRIAL, WAREHOUSE, ADMINISTRATIVE SUPPORT, CUSTOMER SERVICES AND OTHER INDUSTRIES.
GOODWILL EXISTS TO: HELP PEOPLE SEE POSSIBILITIES, SEIZE OPPORTUNITIES AND PROSPER. WE DO THIS THROUGH SKILLS DEVELOPMENT AND CAREER SERVICES TO SUPPORT INDIVIDUALS ON THEIR PATH TO FAMILY-SUSTAINING EMPLOYMENT. WRAP-AROUND SERVICES OFFERED INCLUDE: INDUSTRY RELEVANT TRAINING PROGRAMS, JOB SEARCH SUPPORTS, EMPLOYER CONNECTIONS, CAREER NAVIGATION, CAREER COACHING, RESUME PREPARATION AND INTERVIEWING. GOODWILL UNIVERSITY IS THE TALENT DEVELOPMENT DIVISION OF GOODWILL OFFERING MODERN TRAINING OPPORTUNITIES FOR GOODWILL PARTICIPANTS AND TEAM MEMBERS ALIKE. ALL TRAINING PROGRAMS ARE PROVIDED AT NO COST AND HELP INDIVIDUALS LEARN NEW SKILLS TO BE CAREER-READY AND FIND SUCCESS WITHIN GROWING INDUSTRIES. PROGRAMS ARE CURRENTLY FOCUSED ON DIGITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Bryant Board Chair | OfficerTrustee | 0.43 | $0 |
Renee Ford Board Vice-Chair | OfficerTrustee | 0.27 | $0 |
Anne Predieri Secretary/treasurer | OfficerTrustee | 0.58 | $0 |
Holly Alexander Director | Trustee | 0.43 | $0 |
Dr Monica Allen Director | Trustee | 0.46 | $0 |
Gizaw Bedwa Director | Trustee | 0.12 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
White Advertising Llc Advertising | 12/30/23 | $417,302 |
Steel Tech Consulting Llc Tech Consulting | 12/30/23 | $194,482 |
Cherry Bekaert Llp Audit | 12/30/23 | $119,750 |
Riciera Finance Assignee For Alpha Reso Drivers | 12/30/23 | $103,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,000,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,977,923 |
| Noncash contributions included in lines 1a–1f | $13,196,090 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,977,923 |
| Total Program Service Revenue | $70,332,260 |
| Investment income | $579,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $176,617 |
| Net Gain/Loss on Asset Sales | -$41,321 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,375,481 |
| 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. | $1,768,124 |
| Compensation of current officers, directors, key employees. | $188,518 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,986,695 |
| Pension plan accruals and contributions | $856,460 |
| Other employee benefits | $3,979,082 |
| Payroll taxes | $4,802,964 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,769 |
| Fees for services: Accounting | $119,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $81,882 |
| Fees for services: Other | $5,605,326 |
| Advertising and promotion | $0 |
| Office expenses | $3,136,760 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,564,500 |
| Travel | $887,501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $342,926 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,199,327 |
| Insurance | $0 |
| All other expenses | $214,253 |
| Total functional expenses | $89,234,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,800 |
| Savings and temporary cash investments | $10,089,577 |
| Pledges and grants receivable | $40,251 |
| Accounts receivable, net | $4,787,430 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,589,846 |
| Prepaid expenses and deferred charges | $1,723,438 |
| Net Land, buildings, and equipment | $41,322,568 |
| Investments—publicly traded securities | $10,957,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $39,419,121 |
| Total assets | $115,000,988 |
| Accounts payable and accrued expenses | $8,466,886 |
| 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 | $16,362,002 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,236,783 |
| Total liabilities | $66,065,671 |
| Net assets without donor restrictions | $48,935,317 |
| 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 | $115,000,988 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of The Southern Piedmont Inc has awarded $15,236 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLOTTE FAMILY HOUSING PURPOSE: Cars for Work Vehicle matches | $10,236 |
KIPP ACADEMY CHARLOTTE PURPOSE: SPONSORSHIP | $5,000 |