Goodwill Industries Of Central North Carolina Inc is located in Greensboro, NC. The organization was established in 1967. 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 Of Central North Carolina Inc employed 811 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Central North Carolina 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 Of Central North Carolina Inc generated $28.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $24.5m during the year ending 06/2024. While expenses have increased by 3.6% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC.'S MISSION IS TO PROMOTE THE VALUE OF WORK BY PROVIDING CAREER DEVELOPMENT SERVICES AND WORK OPPORTUNITIES FOR PEOPLE WITH EMPLOYMENT NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES 25 RETAIL STORES WHICH RECEIVE, PROCESS, AND SELL DONATED GOODS PROVIDED BY OVER 400,000 GENEROUS MEMBERS OF THE COMMUNITY IN ALAMANCE, CASWELL, ROCKINGHAM, RANDOLPH, AND GUILFORD COUNTIES. GOODWILL RETAIL STORES SERVED ALMOST 1.5 MILLION CUSTOMERS, GENERATING THE REVENUE WHICH PROVIDES THE MAJORITY OF FUNDING IN FURTHERING THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAMS. GOODWILL'S RECYCLING INITIATIVES HAVE EXPANDED TO OVER 20 PRODUCT LINES, ELIMINATING OVER 9 MILLION POUNDS OF PRODUCT FROM ENTERING LOCAL LANDFILLS. FURTHERING THE DEVELOPMENT OF OUR MARKET SHARE WITHIN THE CONTRIBUTED GOODS PROGRAM WILL ENSURE THE SUSTAINABILITY OF OUR MISSION FOR YEARS TO COME. AS AN EFFECTIVE RECYCLER OF GOODS, WE CONTINUE TO STRIVE TO BE THE BEST STEWARDS OF THE ENVIRONMENT THROUGH ENHANCEMENT OF GREEN INITIATIVES.
COST OF FOOD AND BEVERAGES SOLD DEDUCTED IN PART VIII, FORM 990
GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA IMPLEMENTS A VARIETY OF WORKFORCE DEVELOPMENT PROGRAMS AND SERVICES. THIS INCLUDES CAREER NAVIGATION, WORK READINESS AND DIGITAL LITERACY CLASSES, CREDENTIALED SKILLS TRAINING, AND CAREERS ON THE OUTSIDE (A CARF-ACCREDITED PROGRAM SUPPORTING INDIVIDUALS WITH JUSTICE-INVOLVEMENT AND A HISTORY OF CRIMINAL CONVICTION TO GET A SECOND CHANCE AT LIFE). OUR MISSION SERVED 2,508 INDIVIDUALS AND SUPPORTED 340 COMPETITIVE JOB PLACEMENTS. THE AVERAGE JOB PLACEMENT PAID $17.27 PER HOUR AT ENTRY, AND 66% ALL PLACEMENTS WERE PERMANENT, FULL-TIME POSITIONS. OVER 10,944 UNIQUE SERVICES WERE PROVIDED TO THE COMMUNITY; 33% OF SERVICES WERE IN THE FORM OF WORK-READINESS CLASSES, WORKSHOPS, AND SKILLED TRAINING, 43% WERE ONE-ON-ONE CAREER COACHING OR CASE MANAGEMENT ACTIVITIES, 19% WERE EMPLOYMENT PREPARATION SERVICES SUCH AS RESUME DEVELOPMENT, MOCK INTERVIEWING PRACTICE, OR JOB SEARCH ASSISTANCE, 4% WERE SUPPORT SERVICES SUCH AS TUITION SCHOLARSHIPS AND VOUCHERS FOR CLOTHING AND/OR TRANSPORTATION ASSISTANCE, AND 1% WERE SKILLS ASSESSMENTS, TESTING ACTIVITIES, AND ATTENDANCE AT EVENTS. THE ORGANIZATION IS COMMITTED TO ADDRESSING URGENT SERVICE GAPS THROUGH INNOVATION AND COLLABORATION. IN RESPONSE, PROGRAM ACTIVITIES ARE BEING OFFERED AT COMMUNITY LOCATIONS WHERE INDIVIDUALS ARE RECEIVING SERVICES FROM PARTNER AGENCIES, WHILE PROGRAMMING FOR INDIVIDUALS WITH JUSTICE-INVOLVEMENT HAS BEEN EXPANDED. SKILLED TRAINING PROGRAMS INCLUDE CONSTRUCTION, CLASS A CDL, AND HVAC. VIRTUAL SERVICES, WORKSHOPS, MICROLESSONS, AND OTHERS CONTINUE TO MEET UNMET NEEDS AS THEY COMPLEMENT IN-PERSON PROGRAMMING AND INCREASE ACCESS THROUGHOUT THE REGION. CAREER NAVIGATION IS PROVIDED TO JOB SEEKERS AND GOODWILL EMPLOYEES ALIKE, ARMING PEOPLE WITH THE INFORMATION AND RESOURCES THEY NEED TO TAKE CONTROL OF THEIR CAREER PATHWAYS. THOUGHTFUL AND PRODUCTIVE PARTNERSHIPS WITH BUSINESS LEADERS, SERVICE PROVIDERS, AND MEMBERS OF THE COMMUNITY WHO SHARE OUR VISION IS EMPHASIZED THROUGH ALL WORKFORCE DEVELOPMENT SERVICE PLANNING AND DELIVERY.
GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES A COMMERCIAL (BUSINESS) SERVICES DIVISION, PROVIDING CONTRACTS SUCH AS PACKAGING, COLLATING, SHRINK WRAP, AND LABOR INTENSIVE JOBS FOR VARIOUS COMPANIES WITHIN ITS FIVE COUNTY TERRITORY. THESE SERVICES PROVIDE EMPLOYMENT AND TRAINNG OPPORTUNITIES FOR ENROLLED CONSUMERS AS THEY EXPERIENCE THE WORLD OF WORK WHICH IS PART OF THEIR CASE MANAGEMENT. THESE ACTIVITIES ARE CLOSELY MONITORED AND SUPERVISED BY COMPETENT STAFF AND PROFESSIONAL COUNSELORS AS CONSUMERS MAXIMIZE THEIR WORK SKILLS DURING THEIR ENROLLMENT PERIOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johnny Wood Director | Trustee | 2 | $0 |
Keith Crosby Director | Trustee | 2 | $0 |
Newton Cowan Director | Trustee | 2 | $0 |
Thomas Glaser Director | Trustee | 2 | $0 |
Bob Hudson Director | Trustee | 2 | $0 |
Robert Gray Secretary/treasurer | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ldj Global Strategies Llc Building Rent | 6/29/24 | $270,903 |
Jpc Monroe Llc Building Rent | 6/29/24 | $133,911 |
Dimitrios And Irene Kroustalis Building Rent | 6/29/24 | $128,788 |
Charter Communications Holding Llc Internet Service | 6/29/24 | $127,236 |
West Stem Pllc Professional Services | 6/29/24 | $119,946 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $27,472,934 |
Noncash contributions included in lines 1a–1f | $26,795,928 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,472,934 |
Total Program Service Revenue | $40,926 |
Investment income | $403,647 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,800 |
Net Income from Fundraising Events | $193,691 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $408,787 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,522,785 |
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. | $1,467,505 |
Compensation of current officers, directors, key employees. | $1,064,739 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,218,040 |
Pension plan accruals and contributions | $298,817 |
Other employee benefits | $1,329,958 |
Payroll taxes | $1,161,028 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $781,544 |
Advertising and promotion | $246,175 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $2,048,772 |
Travel | $452,370 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $45,949 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $760,780 |
Insurance | $0 |
All other expenses | $208,703 |
Total functional expenses | $24,460,593 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,558,720 |
Savings and temporary cash investments | $8,068,638 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $312,625 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,420,833 |
Prepaid expenses and deferred charges | $128,219 |
Net Land, buildings, and equipment | $35,641,639 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,441,860 |
Total assets | $53,572,534 |
Accounts payable and accrued expenses | $2,274,300 |
Grants payable | $0 |
Deferred revenue | $30,492 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,378,146 |
Total liabilities | $6,682,938 |
Net assets without donor restrictions | $46,795,178 |
Net assets with donor restrictions | $94,418 |
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 | $53,572,534 |