Overview
What is Memphis Goodwill Inc?
Memphis Goodwill Inc is a nonprofit organization based in Memphis, Tennessee, specifically located at 6899 Stage Rd, 38133. Their primary activity involves accepting donated goods, such as clothing and household items from the public, and reselling these items in community-based retail stores. The revenue generated directly supports their mission: transforming lives of people with disabilities and other employment barriers through education, empowerment, and work opportunities. The organization currently employs a total of 1292 individuals.
Is Memphis Goodwill Inc legitimate?
Memphis Goodwill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Goodwill 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: $290,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,996,383
For more financial information, click here
What is the mission statement of Memphis Goodwill Inc?
Memphis Goodwill Inc is a non-profit organization dedicated to making a difference in people's lives who face barriers to employment due to disabilities. Their mission is to empower and transform lives through the power of work, education, and empowerment. They achieve this by collecting donated goods from the public, such as clothing and household items, and reselling them in community-based retail stores. The revenue generated from the sales directly supports their mission, enabling them to provide opportunities for individuals with disabilities to gain employment and become self-sufficient. Memphis Goodwill's programs focus on improving employment prospects and overall well-being, offering a range of services that help individuals develop essential skills, secure employment, and advance in their careers.
Who is the CEO of Memphis Goodwill Inc?
Michael Martini is the President/Ceo of Memphis Goodwill Inc. The CEO's salary of Memphis Goodwill Inc is $290,000 and their total compensation is $312,382.
What is the revenue of Memphis Goodwill Inc?
Memphis Goodwill Inc's revenue in 2022 was $42,458,476.
Who are the executives of Memphis Goodwill Inc and what are their salaries?
The average compensation at Memphis Goodwill Inc during 2022 was $9,510. There are 1,292 employees at Memphis Goodwill Inc.
Here are 10 key members and their salaries (Memphis Goodwill Inc's CEO's salary is $290,000 and their total compensation is $312,382):
- Tony Martini (President/Ceo) [Trustee/Director]
- Tina L Blacmon (Vp Of Hr)
- Brian Williams (Chairman) [Trustee/Director]
- Deacon Bill Davis (Board Member) [Trustee/Director]
- Michael Robilio (Board Member) [Trustee/Director]
- Macky Sneed (Board Member) [Trustee/Director]
- Chad Harrell (Board Member) [Trustee/Director]
- Terry Landwehr (Board Member) [Trustee/Director]
- Brian Miles (Board Member) [Trustee/Director]
- Brandon Tolbert (Board Member) [Trustee/Director]
Where can I find the form 990 for Memphis Goodwill Inc?
The Memphis Goodwill Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Memphis Goodwill Inc
Memphis Goodwill Inc, a nonprofit organization, is dedicated to transforming the lives of people with disabilities and those facing other employment barriers through the power of work, education, and empowerment. The mission of this charitable entity is twofold: it collects and resells donated goods from the public in its community-based retail stores, and the revenue generated from these sales is channeled directly towards achieving its mission.
Memphis Goodwill Inc's primary objective is to make a profound impact in the lives of its beneficiaries by providing them with employment opportunities. By accepting donations of clothing and household items from the public, the organization is able to generate income that fuels its programs designed to help those in need. The sale of these donated goods serves as a means to fund the organization's initiatives aimed at empowering individuals with disabilities and other employment barriers to become self-sufficient and contribute to their communities.
In essence, Memphis Goodwill Inc operates as a bridge between the donation of unwanted goods and the creation of opportunities for those facing challenges in securing employment. The organization's unwavering commitment to its mission ensures that every sale made in its retail stores contributes positively to the lives of the people it seeks to serve. Memphis Goodwill Inc's vision is to create a world where everyone, regardless of their abilities or circumstances, has the opportunity to work, learn, and grow.
Impact
This information is meant to be a general summary of Memphis Goodwill Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Memphis Goodwill Inc's impact is significant in changing the lives of people with disabilities and other barriers to employment. By collecting and reselling donated goods to the public, Memphis Goodwill generates revenue that directly supports its mission. This revenue enables the organization to provide opportunities for individuals facing challenges in finding employment. Through the power of work, education, and empowerment, Memphis Goodwill helps individuals build skills, gain independence, and improve their quality of life.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF DONATED GOODS
Revenue
$27,370,311
E-COMMERCE
Revenue
$850,272
TARGETED BUYS REVENUE
Revenue
$293,905
MISC INCOME
Revenue
$238,231
JANITORIAL SERVICES REV
Revenue
$108,490
Organization Details
Founding Year
2008
Phone
(901) 323-6221
Principal Officer
Michael Martini
Main Address
6899 STAGE RD, MEMPHIS, TN, 38133
NTEE Category
Code: J30 - Employment
If you are a representative of Memphis Goodwill Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.