Goodwill Industries Of Southwestern Michigan Inc
- Assets
- $17.2m
- Revenue
- $16.0m
- Investments
- $2.0m
- Employees
- 516
- Location
- Kalamazoo, MI
- Founding
- 08/1958
- Data as of
- 12/2021
- EIN
- 38-1558550
Organization Overview
Goodwill Industries Of Southwestern Michigan Inc is located in Kalamazoo, MI. The organization was established in 1958. 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 Southwestern Michigan Inc employed 516 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goodwill Industries Of Southwestern Michigan 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 Southwestern Michigan Inc generated $16.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $12.6m during the year ending 12/2021. While expenses have increased by 1.4% 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
TO IMPROVE THE COMMUNITY BY PROVIDING EMPLOYMENT, EDUCATION, TRAINING AND SUPPORT SERVICES TAILORED TO INDIVIDUAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR COMMERCIAL SERVICES DIVISION IS BEST KNOWN TO THE PUBLIC. IT BENEFITS FROM COMMUNITY DONATIONS OF GENTLY USED CLOTHING, HOUSEHOLD ITEMS, TOYS, WORKING ELECTRONICS, CARS, AND OTHER VEHICLES. DONATIONS ARE PROCESSED AND RESOLD IN OUR GOODWILL RETAIL OUTLETS. OUR WORKERS USE THESE DONATIONS TO LEARN VALUABLE WORK SKILLS. THEIR JOBS INCLUDE COLLECTING, SORTING, PROCESSING, PRICING, STOCKING, AND SELLING THESE ITEMS. THE REVENUES GENERATED BY GOODWILL RETAIL OUTLETS PROVIDE OUR WORKERS' WAGES AND FUND GOODWILL PROGRAMS AND SERVICES. TOTAL REVENUE IN 2021 FOR COMMERCIAL SERVICES IS 11,723,108.
GOODWILL PROVIDED 3,638 INDIVIDUALS AND FAMILIES WITH 7,452 HOURS OF EDUCATION, TRAINING AND SUPPORT SERVICES IN 2021. THESE SERVICES INCLUDED EMPLOYMENT/CAREER COACHING, FINANCIAL LITERACY SERVICES, ADULT LITERACY SERVICES, VOCATIONAL ASSESSMENTS AND COUNSELING, COMMUNITY RESOURCE NAVIGATION AND A 20 YEAR COMMITMENT TO FAMILIES WHO WANT TO EXIT POVERTY WITH A CHILD 0-3 CALLED LIFE GUIDES. LIFE GUIDES OF SOUTHWESTERN MICHIGAN PROVIDES A LIFE COACH FOR FAMILIES WITH A SMALL CHILD. THE OBJECTIVE OF THE PROGRAM IS FOR THE CHILD (0-3) TO GRADUATE FROM A POST-SECONDARY PROGRAM AND OBTAIN A LIVING WAGE POSITION, THUS BREAKING THE POVERTY CYCLE FOR THAT FAMILY. THE DIFFERENCE BETWEEN A MIDDLE CLASS FAMILY AND A POVERTY FAMILY IS TIME FRAME. LIFE GUIDE COACHES WORK WITH THE FAMILY TO DEVELOP MIDDLE AND LONG TERM GOAL SETTING BY HELPING THE FAMILY RID THEMSELVES OF THE DAILY CRISIS SITUATIONS THAT LEAD TO POOR DECISIONS FOR THE LONG TERM.
GOODWILL PROVIDES AREA BUSINESSES WITH MANUFACTURING SERVICES WHILE PROVIDING WORK EXPERIENCE FOR THE PEOPLE WE SERVE. AS WITH OUR RETAIL OPERATIONS, GOODWILL USES THE REVENUES FROM OUR CONTRACT MANUFACTURING SERVICES DIVISION FOR ITS EDUCATION AND CAREER SERVICES FOR PEOPLE WITH DISABILITIES AND DISADVANTAGES SUCH AS WELFARE DEPENDENCY, HOMELESSNESS, AND LACK OF EDUCATION OR WORK EXPERIENCE. THE CUSTODIAL SERVICES DIVISION OFFERS THE RESOURCES TO PROVIDE LOCAL BUSINESSES WITH JANITORIAL SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Jones President & | Officer | 40 | $172,975 |
Kelly Scott Past CFO | Officer | 40 | $62,169 |
Robert Borsos Chair | OfficerTrustee | 0.77 | $0 |
Ron Kuivenhoven Vice Chair | OfficerTrustee | 0.77 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 0.77 | $0 |
Susan Terranella Secretary | OfficerTrustee | 0.77 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $170,761 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,376,243 |
| Noncash contributions included in lines 1a–1f | $10,791,790 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,547,004 |
| Total Program Service Revenue | $1,570,305 |
| Investment income | $87,097 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $66,053 |
| 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 | $15,963,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $129,641 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,144 |
| Compensation of current officers, directors, key employees. | $213,522 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,815,237 |
| Pension plan accruals and contributions | $105,406 |
| Other employee benefits | $537,267 |
| Payroll taxes | $694,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,599 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $433,690 |
| Advertising and promotion | $30,466 |
| Office expenses | $0 |
| Information technology | $38,637 |
| Royalties | $0 |
| Occupancy | $1,191,527 |
| Travel | $157,516 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $68,841 |
| Depreciation, depletion, and amortization | $409,967 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $12,608,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,413,553 |
| Savings and temporary cash investments | $2,695,595 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $239,756 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,724 |
| Prepaid expenses and deferred charges | $10,194 |
| Net Land, buildings, and equipment | $7,676,779 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,028,149 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $74,887 |
| Total assets | $17,178,637 |
| Accounts payable and accrued expenses | $817,283 |
| Grants payable | $0 |
| Deferred revenue | $37,891 |
| 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 | $0 |
| Total liabilities | $855,174 |
| Net assets without donor restrictions | $15,064,531 |
| Net assets with donor restrictions | $1,258,932 |
| 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 | $17,178,637 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Goodwill Industries Of Southwestern Michigan Inc has recieved totaling $1,922,728.
| Awarding Organization | Amount |
|---|---|
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: GOODWILL LIFE GUIDES | $703,224 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI PURPOSE: GOODWILL LIFE GUIDES | $689,288 |
Goodwill Industries International Inc Rockville, MD PURPOSE: ACCENTURE VIRTUAL REALITY, DOL LIFE LAUNCH: IGNITE | $250,058 |
Kalamazoo Community Foundation Kalamazoo, MI PURPOSE: HUMAN SERVICE-MULTIPURPOSE/OTHER | $163,069 |
United Way Of South Central Michigan Kalamazoo, MI PURPOSE: BASIC NEEDS | $62,042 |
Marvin And Rosalie Okun Foundation Kalamazoo, MI PURPOSE: CHARITABLE | $40,000 |
Endowment Analysis
| Beg. Balance | $1,463,949 |
| Earnings | $129,759 |
| Admin Expense | $402 |
| Net Contributions | $20,279 |
| Ending Balance | $1,613,585 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Easter Seals Miami Valley Dayton, OH | $85,565,204 | $56,204,309 |
Goodwill Industries Of Greater Cleveland And E Central Ohio Inc Canton, OH | $50,804,352 | $48,226,709 |
Goodwill Industries Of South Central Wisconsin Inc Madison, WI | $15,409,154 | $44,230,660 |
Goodwill Industries Of Greater Grand Rapids Inc Grandville, MI | $30,878,541 | $44,038,234 |
Goodwill Industries Of Michiana Inc South Bend, IN | $71,477,410 | $47,236,458 |
Ohio Valley Goodwill Industries Rehabilitation Center Inc Cincinnati, OH | $77,402,898 | $38,772,866 |
Goodwill Industries Of Northwest Ohio Inc Toledo, OH | $14,791,040 | $32,136,608 |
Goodwill Industries Of Mid-Michigan Inc Flint, MI | $9,350,796 | $30,637,361 |
Goodwill Industries Of Akron Inc Akron, OH | $23,172,815 | $25,945,292 |
Goodwill Industries Of Greater Detroit Detroit, MI | $30,814,793 | $27,244,512 |
Goodwill Industries Of West Michigan Inc Muskegon, MI | $34,346,585 | $24,966,806 |
Goodwill Industries Of Central Michigans Heartland Inc Battle Creek, MI | $34,739,844 | $28,066,563 |