Goodwill Industries Of Northern Il & Wi Stateline Area Inc
- Assets
- $25.0m
- Revenue
- $38.3m
- Investments
- $163.1k
- Employees
- 1,049
- Location
- Rockford, IL
- Founding
- 08/1942
- Data as of
- 12/2021
- EIN
- 36-2167846
Organization Overview
Goodwill Industries Of Northern Il & Wi Stateline Area Inc is located in Rockford, IL. The organization was established in 1942. 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 Northern IL & WI Stateline Area Inc employed 1,049 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Northern IL & WI Stateline Area 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 12/2021, Goodwill Industries Of Northern IL & WI Stateline Area Inc generated $38.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $32.6m during the year ending 12/2021. While expenses have increased by 6.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CREATE OPPORTUNITIES FOR PEOPLE WITH BARRIERS THROUGH TRAINING, EMPLOYMENT, AND SUPPORTIVE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETAIL SERVICESTHERE'S REALLY NOTHING LIKE GOODWILL INDUSTRIES OF NORTHERN ILLINOIS. FOR MANY, WE'RE A GREAT RETAIL SHOPPING EXPERIENCE WITH 11 LOCATIONS IN AN 18 COUNTY AREA OFFERING AMAZING VALUE AND HIDDEN TREASURES. FOR OTHERS, WE'RE A CONVENIENT PLACE TO DONATE USED CLOTHING AND HOUSEHOLD ITEMS WITH MORE THAN 6.02 MILLION POUNDS OF GOODS KEPT OUT OF THE LANDFILLS AND RECYCLED IN 2021. DONATIONS FROM INDIVIDUALS, COMPANIES AND ORGANIZATIONS ARE THE FIRST STEP IN PUTTING OUR MISSION INTO MOTION BY GENERATING THE SALES REVENUE NEEDED TO PROVIDE VITAL SKILLS AND TRAINING TO PARTICIPANTS WITH DISABILITIES. GOODWILL IS ALSO A STRONG CORPORATE CITIZEN. IN 2021, GOODWILL GENERATED $923,000 IN RETAIL SALES TAX AND PAID EMPLOYEE INCOME TAXES IN THE AMOUNT OF OVER $837,000.
MISSION SERVICESIN 2021 GOODWILL INDUSTRIES OF NORTHERN ILLINOIS SERVED 20,336 PEOPLE IN MANY DIFFERENT WAYS, BUT WITH THE SAME END GOAL - HELPING PEOPLE CREATE OPPORTUNITIES TO ENHANCE THEIR LIVES. GOODWILL'S FINANCIAL SUPPORT PROGRAMS PROVIDED FREE INCOME TAX PREPARATION AND FILING SERVICES TO INDIVIDUALS. OUR "GOODGRADS" ADULT BASIC EDUCATION PROGRAM SERVED 435 PEOPLE PROVIDING BOTH EDUCATION AND CASE MANAGEMENT AND 648 SCHOLARSHIPS TO HELP OFFSET COSTS ASSOCIATED WITH THE HIGH SCHOOL EQUIVALENCY (GED) TEST. GOODWILL'S "LET'S GO TO WORK" PROGRAM GAVE 42 ADULTS WITH DISABILITIES THE OPPORTUNITY TO 'EARN WHILE THEY LEARN' IN 9 GOODWILL LOCATIONS WITH THE GOAL OF TRANSITIONING MANY TO THE LOCAL WORK FORCE. GOODWILL'S EMPLOYMENT PROGRAMS PLACED 646 PEOPLE IN GOOD JOBS IN THE LOCAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Bernsten President | Officer | 40 | $204,787 |
Keary Fath Retail Director | 40 | $124,915 | |
Jennifer Chapel Finance Director | Officer | 40 | $120,273 |
Courtney Geiger Mission Services Director | 40 | $107,975 | |
Ginnie Weckerly Hr Director | 40 | $103,532 | |
Jim Corbett Board Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,573,958 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,247,632 |
| Noncash contributions included in lines 1a–1f | $10,675,291 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,821,590 |
| Total Program Service Revenue | $22,169,828 |
| Investment income | $10,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $254,581 |
| Net Income from Fundraising Events | $20,831 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,276,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $82,999 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $350,095 |
| Compensation of current officers, directors, key employees. | $350,095 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,152,181 |
| Pension plan accruals and contributions | $82,963 |
| Other employee benefits | $943,905 |
| Payroll taxes | $837,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,791 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,136 |
| Fees for services: Other | $808,054 |
| Advertising and promotion | $275,131 |
| Office expenses | $591,107 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,251,956 |
| Travel | $237,847 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,351 |
| Interest | $42,794 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $786,853 |
| Insurance | $0 |
| All other expenses | $188,604 |
| Total functional expenses | $32,588,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,538,160 |
| Savings and temporary cash investments | $316,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $528,405 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $848,698 |
| Prepaid expenses and deferred charges | $504,574 |
| Net Land, buildings, and equipment | $6,722,473 |
| Investments—publicly traded securities | $12,251,181 |
| Investments—other securities | $163,111 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $83,157 |
| Total assets | $24,956,445 |
| Accounts payable and accrued expenses | $1,416,835 |
| Grants payable | $0 |
| Deferred revenue | $37,709 |
| Tax-exempt bond liabilities | $1,361,125 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,723,828 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $417,690 |
| Total liabilities | $4,957,187 |
| Net assets without donor restrictions | $19,986,094 |
| Net assets with donor restrictions | $13,164 |
| 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 | $24,956,445 |
Grants Awarded
Over the last fiscal year, Goodwill Industries Of Northern Il & Wi Stateline Area Inc has awarded $93,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ROCK VALLEY COLLEGE PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $23,500 |
ILLINOIS VALLEY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $18,000 |
Malta, IL PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $13,000 |
SAUK VALLEY COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $12,000 |
HIGHLAND COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $9,000 |
Janesville, WI PURPOSE: SCHOLARSHIPS FOR INDIVIDUALS WITH DISABILITIES | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Goodwill Industries Of Northern Il & Wi Stateline Area Inc has recieved totaling $299,444.
| Awarding Organization | Amount |
|---|---|
Goodwill Industries International Inc Rockville, MD PURPOSE: ACCENTURE VIRTUAL REALITY, ADULT LIFELAUNCH 2 , COMCAST DIGITAL CAREERS ACCELE, LIFE LAUNCH IGNITE 2 | $299,444 |
Endowment Analysis
| Beg. Balance | $1,103,706 |
| Earnings | $708,862 |
| Admin Expense | $49,136 |
| Net Contributions | $10,967,546 |
| Ending Balance | $12,730,978 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of Southeastern Wisconsin Inc Milwaukee, WI | $193,592,595 | $82,804,954 |
Goodwill Industries Of Kentucky Inc Louisville, KY | $178,094,287 | $90,756,692 |
Goodwill Industries Of South Central Wisconsin Inc Madison, WI | $15,409,154 | $44,230,660 |
Goodwill Industries Of Michiana Inc South Bend, IN | $71,477,410 | $47,236,458 |
Goodwill Of The Great Plains Sioux City, IA | $33,353,824 | $45,336,222 |
Goodwill Industries Of Northern Il & Wi Stateline Area Inc Rockford, IL | $24,956,445 | $38,276,880 |
Goodwill Industries Of The Heartland Cedar Rapids, IA | $40,819,529 | $39,875,591 |
Land Of Lincoln Goodwill Industries Inc Springfield, IL | $10,839,126 | $29,605,192 |
Goodwill Of Western Missouri And Eastern Kansas Kansas City, MO | $10,740,171 | $18,183,269 |
Goodwill Industries Of Northeast Iowa Inc Waterloo, IA | $16,595,417 | $20,700,717 |
Goodwill Industries Of Central Illinois Peoria, IL | $21,177,815 | $16,906,634 |
Goodwill Industries Of Central Iowa Johnston, IA | $31,035,628 | $20,648,374 |