Goodwill Industries Of Lubbock Inc

Organization Overview

Goodwill Industries Of Lubbock Inc, operating under the name Goodwill Industries Of Northwest Texas, is located in Lubbock, TX. 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 12/2021, Goodwill Industries Of Northwest Texas employed 328 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Northwest Texas 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 12/2021, Goodwill Industries Of Northwest Texas generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

HELPING PEOPLE OVERCOME CHALLENGES, BUILD SKILLS, FIND JOBS AND GROW CAREERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOODWILL UTILIZES RETAIL STORES TO PROVIDE ON-THE-JOB TRAINING AND PROVIDES EDUCATION AND CAREER SERVICES TO PEOPLE WITH DISABILITIES, DISADVANTAGES AND OTHERS HAVING A HARD TIME FINDING EMPLOYMENT. INDIVIDUALS ACHIEVE GREATER LEVELS OF SELF-SUFFICIENCY AND ECONOMIC SUCCESS THROUGH GOODWILL'S WORKFORCE DEVELOPMENT SERVICES. GOODWILL ACCEPTS CLOTHING AND OTHER HOUSEHOLD GOODS FROM THE PUBLIC AND SELLS THESE DONATIONS IN ITS RETAIL STORES. REVENUE FROM THE SALE OF THESE GOODS GOES DIRECTLY TOWARD SUPPORTING AND GROWING COMMUNITY PROGRAMS AND JOB PLACEMENT SERVICES, AS WELL AS EMPLOYING INDIVIDUALS WHO MIGHT HAVE DIFFICULTY LOCATING AND RETAINING A JOB IN A MORE COMPETITIVE ENVIRONMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Robin Raney
CEO
$117,107
Jill Cordes
CFO
$76,595
Lucio Castro
Past Chairman
$0
Diannah Tatum
Chairman Elect
$0
Jo Henderson
Vice Chairman
$0
Lori Truitt
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$130,232
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,000
All other contributions, gifts, grants, and similar amounts not included above$7,022,563
Noncash contributions included in lines 1a–1f $6,771,059
Total Revenue from Contributions, Gifts, Grants & Similar$7,162,795
Total Program Service Revenue$2,493,283
Investment income $5,015
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,661,093

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Goodwill Industries Of Lubbock Inc has recieved totaling $80,000.

Awarding OrganizationAmount
Lubbock Area United Way Inc

Lubbock, TX

PURPOSE: PROVIDING EMPLOYMENT TRAINING, JOB PLACEMENT AND OTHER SERVICES FOR PEOPLE WITH A DISABILITY, PEOPLE WHO LACK EDUCATION OR JOB EXPERIENCE AND OTHERS IN NEED.

$80,000
View Grant Recipient Profile

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