nonprofit logo

Goodwill Industries Of Lorain County Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 340714739 ✦ Elyria, OH ✦ Designated as a 501(c)(3)

Overview

What is Goodwill Industries Of Lorain County Inc?

Goodwill Industries of Lorain County Inc, located in Elyria, Ohio, is a renowned nonprofit organization. Their primary mission is to aid individuals with disabilities and other employment barriers, enabling them to achieve their highest level of independence. This is achieved through a comprehensive approach that integrates education, training, and work services. The organization's operations revolve around the resale of donated household items. These items, such as furniture and clothing, are collected and processed in their workforce development training programs. These programs are a collaborative effort between employees and consumers, creating a mutually beneficial cycle. The revenue generated from these sales supports the organization's workforce development services, which ultimately help place these individuals in competitive jobs within their community. As of the provided information, Goodwill Industries of Lorain County Inc employs 313 individuals, demonstrating its significant impact in the community.


Official website here: www.gwlco.org

Is Goodwill Industries Of Lorain County Inc legitimate?

Goodwill Industries Of Lorain County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Lorain County 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: $198,733
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,540,476

For more financial information, click here


Official website here: www.gwlco.org

What is the mission statement of Goodwill Industries Of Lorain County Inc?

Goodwill Industries of Lorain County Inc's mission is centered around assisting individuals with disabilities and those facing various employment barriers. Their goal is to help these individuals achieve their highest level of independence through a process that involves education, training, and work services. By doing so, Goodwill aims to transform them into more productive and independent community members. The organization accomplishes this mission by utilizing donated household items. These items are sorted and processed by both employees and consumers participating in workforce development training programs. The processed goods are then sold in Goodwill's seven retail stores. The revenue generated from these sales supports Goodwill's workforce development services, which in turn, aids in placing consumers in competitive jobs within their local community.


Official website here: www.gwlco.org

Who is the CEO of Goodwill Industries Of Lorain County Inc?

Alonzo Vance is the President & of Goodwill Industries Of Lorain County Inc.


Official website here: www.gwlco.org

What is the revenue of Goodwill Industries Of Lorain County Inc?

Goodwill Industries Of Lorain County Inc's revenue in 2022 was $6,014,952.


Official website here: www.gwlco.org

Who are the executives of Goodwill Industries Of Lorain County Inc and what are their salaries?

The average compensation at Goodwill Industries Of Lorain County Inc during 2022 was $8,751. There are 313 employees at Goodwill Industries Of Lorain County Inc.

Here are 12 key members and their salaries:

    Alonzo Vance (President &)
  • Compensation: $114,169
  • Related: $0
  • Other: $0

    • Tammy David (Director Of)
  • Compensation: $84,834
  • Related: $0
  • Other: $0

    • Susan Bungard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Funderburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Gergely (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Oberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Stursa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Romeo (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Seguin (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hava Villaverde (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Zadel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gwlco.org

    Where can I find the form 990 for Goodwill Industries Of Lorain County Inc?

    The Goodwill Industries Of Lorain County Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gwlco.org

    Learn more at the official website: www.gwlco.org

    Mission Statement of Goodwill Industries Of Lorain County Inc

    Goodwill Industries of Lorain County Inc is dedicated to assisting individuals with disabilities and other barriers to employment in achieving their highest level of independence. Their mission is to facilitate the transformation of these individuals into more productive and independent community members through a process that combines education, training, and work services.

    By embracing the donated household items that people generously contribute to Goodwill Industries, the organization sets in motion a cycle of opportunity. These donations are sorted and processed by both employees and participants in Goodwill's workforce development training programs. Subsequently, these items are put up for sale in Goodwill's seven retail stores. The revenue generated from these sales serves a crucial purpose, as it supports the organization's workforce development services. These services empower consumers to secure competitive jobs within the community.

    In essence, Goodwill Industries of Lorain County Inc is a beacon of hope for those who face challenges in securing employment. By providing education, training, and work opportunities, the organization enables individuals to overcome barriers and become active, productive members of their communities.

    Impact

    This information is meant to be a general summary of Goodwill Industries Of Lorain County 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 Lorain County Inc's impact is centered on helping people with disabilities and other barriers to employment reach their highest level of independence. By providing workforce development training programs and offering competitive job placements in the community, Goodwill empowers individuals to become more productive and independent citizens. Through the revenue generated from the sale of donated goods in its retail stores, Goodwill is able to sustain its mission of supporting and uplifting individuals facing employment challenges.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,060
  • Program Service Revenue: $862,880
  • Gross Receipts: $10,198,530

    • Assets and Liabilities:
  • Total Assets: $7,826,223
  • Total Liabilities: $2,468,148
  • Net Assets: $5,358,075
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SALVAGE

    Revenue

    $541,094

    VOCATIONAL REVENUE

    Revenue

    $259,264

    CONTRACT REVENUE

    Revenue

    $62,522

    Organization Details

    Founding Year

    1928

    Principal Officer

    Alonzo Vance

    Main Address

    145 KEEP COURT, ELYRIA, OH, 44035

    NTEE Category

    Code: J30 - Employment

    If you are a representative of Goodwill Industries Of Lorain County 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.