Overview
What is Goodwill Industries Of Monocacy Valley Inc?
Goodwill Industries of Monocacy Valley Inc is a nonprofit organization located in Frederick, Maryland, with an address at 5112 Pegasus Court No M, ZIP code 21704. Their primary source of revenue comes from retail sales of donated goods, accounting for approximately 94% of their total earnings. This income funds their mission, which is to create employment opportunities for individuals with disabilities, vocational disabilities, and other employment challenges. They provide various assistance programs, including job training, placement, computer training, and job retention with coaching services. The organization's profits also support programs that are not funded by other means. With a team of 623 employees, Goodwill Industries of Monocacy Valley Inc strives to make a difference in the local community by offering hope, jobs, and futures to those in need.
Official website here: www.gimv.org
Is Goodwill Industries Of Monocacy Valley Inc legitimate?
Goodwill Industries Of Monocacy Valley Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Monocacy Valley Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $499,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,028,946
For more financial information, click here
Official website here: www.gimv.org
What is the mission statement of Goodwill Industries Of Monocacy Valley Inc?
Goodwill Industries of Monocacy Valley Inc is a non-profit organization dedicated to creating opportunities for employment in the local community. It offers assistance to individuals with disabilities, vocationally disabling conditions, and those facing other challenges to employment. The organization provides various services including job training, placement, computer training, job retention, and job coaching. The retail sales of donated goods account for a significant portion of the organization's revenue. These sales not only fund the organization's mission but also create jobs and offer training opportunities for those in need. The profits generated are used to support programs that are not funded by other means.
Official website here: www.gimv.org
Who is the CEO of Goodwill Industries Of Monocacy Valley Inc?
Susan Barnes is the Principal Officer of Goodwill Industries Of Monocacy Valley Inc. The CEO's salary of Goodwill Industries Of Monocacy Valley Inc is $158,711 and their total compensation is $165,613.
Official website here: www.gimv.org
What is the revenue of Goodwill Industries Of Monocacy Valley Inc?
Goodwill Industries Of Monocacy Valley Inc's revenue in 2020 was $13,170,888.
Official website here: www.gimv.org
Who are the executives of Goodwill Industries Of Monocacy Valley Inc and what are their salaries?
The average compensation at Goodwill Industries Of Monocacy Valley Inc during 2020 was $10,478. There are 623 employees at Goodwill Industries Of Monocacy Valley Inc.
Here are 13 key members and their salaries (Goodwill Industries Of Monocacy Valley Inc's CEO's salary is $158,711 and their total compensation is $165,613):
- Christopher Hotaling (Cfo)
- Michael Meyer (Ceo)
- Steven Krotonsky (President)
- Joe Silhavy (Board Chair) [Trustee/Director]
- Katie Barkdoll (Treasurer) [Trustee/Director]
- Joseph Donegan (Vice Chair) [Trustee/Director]
- Gayon Sampson (Director)
- Kelly Frager (Director)
- John Fieseler (Director)
- Lucy Tannozzini (Secretary) [Trustee/Director]
- Dr Libby Burmaster (Director)
- Doug Mckenny (Director)
- Danny Farrar (Director)
Official website here: www.gimv.org
Where can I find the form 990 for Goodwill Industries Of Monocacy Valley Inc?
The Goodwill Industries Of Monocacy Valley Inc’s most recent form 990 was submitted in 2020 and can be accessed here
Official website here: www.gimv.org
Learn more at the official website: www.gimv.org
Mission Statement of Goodwill Industries Of Monocacy Valley Inc
Goodwill Industries of Monocacy Valley, a local community organization, is on a mission to create hope, jobs, and futures by extending a helping hand to individuals with disabilities, vocationally disabling conditions, and those facing employment challenges. The nonprofit provides a range of assistance, from job training and placement to computer instruction, job retention, and job coaching services.
The heart of Goodwill Industries of Monocacy Valley's operations lies in the sale of donated goods. This revenue stream, which generates 94% of the organization's income, is crucial for funding their mission. Not only does the sale of donated items create jobs, but it also offers job training and coaching opportunities for those who might otherwise face barriers to employment. The profits derived from these sales are then reinvested in programs that are not supported by other funding sources.
Goodwill Industries of Monocacy Valley's commitment to its mission empowers the community by offering a chance at employment and self-sufficiency to those in need. Through its various services, the organization plays a vital role in transforming lives and fostering a more inclusive, prosperous community.
Impact
This information is meant to be a general summary of Goodwill Industries Of Monocacy Valley Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Goodwill Industries Of Monocacy Valley Inc, through its retail sales of donated goods, creates hope, jobs, and futures in the local community. The organization generates revenue by selling donated goods, which in turn supports its mission of providing employment assistance to individuals with disabilities, vocationally disabling conditions, and other challenges to employment. This includes job training, placement, computer training, job retention, and job coaching services. The profits from the sale of donated goods are used to fund programs that are not supported by other means, ultimately leading to the creation of opportunities for those facing barriers to employment. Goodwill Industries Of Monocacy Valley Inc's impact can be seen in its commitment to empowering individuals, promoting employment, and fostering a sense of community inclusion and support.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETAIL SALES - DONATED GOODS
Revenue
$11,352,407
Organization Details
Founding Year
1969
Phone
(301) 663-6893
Principal Officer
Susan Barnes
Main Address
5112 PEGASUS COURT NO M, FREDERICK, MD, 21704
Website
www.gimv.org
NTEE Category
Code: J32Z - Employment
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