2023-08-18T13:31:42-05:00 2022-12-31 271235638 MCM CPAS & ADVISORS LLP 101 S FIFTH STREET SUITE 2100 LOUISVILLE KY 40202 990 2022-01-01 610475284 GOODWILL INDUSTRIES OF KY INC GOOD 5022721700 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 AMY LUTTRELL PRESIDENT & CEO 5022721700 2023-08-02 1 AMY LUTTRELL 999009999 0 THERESA BATLINER CPA P00543162 5027491900 2023-08-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMY LUTTRELL 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 115596494 0 X WWW.GOODWILLKY.ORG X 1923 KY TO HELP PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES ACHIEVE AND MAINTAIN EMPLOYMENT TO GAIN A BETTER QUALITY OF LIFE THROUGH JOB CREATION, PLACEMENT, ADDRESSING BARRIERS TO EMPLOYMENT, AND OTHER TRAINING. 16 16 4190 978 0 0 33641738 43619750 55826096 68752007 766553 1415084 522305 188159 90756692 113975000 1258426 4878642 0 0 50830435 63677296 0 0 426317 23730235 29852027 75819096 98407965 14937596 15567035 178094287 194170537 29761778 35162401 148332509 159008136 X GOODWILL'S MISSION IS TO HELP PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES ACHIEVE AND MAINTAIN EMPLOYMENT TO GAIN A BETTER QUALITY OF LIFE. 0 0 62424673 57863235 GOODWILL INDUSTRIES OF KENTUCKY, INC.'S RETAIL PROGRAM HELPS PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES OBTAIN AND MAINTAIN EMPLOYMENT AT ONE OF ITS 67 STORES THROUGHOUT KENTUCKY BY PROVIDING EMPLOYMENT, TRAINING OPPORTUNITIES, AND ACCESS TO PROGRAMS AND RESOURCES THAT ADDRESS BARRIERS TO EMPLOYMENT. THE STORES SELL A VARIETY OF MERCHANDISE (DONATED BY THE GENERAL PUBLIC) TO THE COMMUNITY AT DISCOUNTED PRICES TO CREATE JOBS, TO DIVERT ITEMS FROM LOCAL LANDFILLS, AND TO GENERATE FUNDING TO SUPPORT EMPLOYMENT COUNSELING, EDUCATIONAL PROGRAMS, JOB TRAINING SERVICES, AND OTHER BARRIER REDUCTION PROGRAMS. DURING 2022, 2,712 INDIVIDUALS WITH DISABILITIES OR OTHER DISADVANTAGES PARTICPATED IN THE RETAIL PROGRAM, AND THE PROGRAM PAID WAGES TO INDIVIDUALS WITH DISABILIITIES AND OTHER DISADVANTAGES TOTALING $22,934,626. ADDITIONALLY, OVER 50 MILLION POUNDS WERE DIVERTED FROM LANDFILLS. 18498558 4878642 4918345 GOODWILL INDUSTRIES OF KENTUCKY, INC.'S OPPORTUNITY CENTERS AND MISSION INTEGRATION SERVICES PROVIDE PATHWAYS TO IMPROVED JOB STATUS AND GREATER SELF-SUFFICIENCY FOR INDIVIDUALS FACING BARRIERS TO ACHIEVING OR MAINTAINING EMPLOYMENT SUCH AS THOSE WITH LIMITED EDUCATION, THOSE RECOVERING FROM ADDICTION, FORMER OFFENDERS RE-ENTERING SOCIETY FROM INCARCERATION, AT-RISK YOUTH, THE HOMELESS OR UNHOUSED, AND OTHERS EXPERIENCING CHRONIC POVERTY. THE 9 OPPORTUNITY CENTERS AND YOUNG ADULT OPPORTUNITY CENTER PROVIDE PERSONAL COUNSELING AND JOB COACHING, SKILLS TRAINING, ASSESSMENTS, JOB PLACEMENT AND RETENTION SERVICES, AND ACCESS TO ADDITIONAL BARRIER REDUCTION PROGRAMS AND COMMUNITY PARTNER RESOURCES. THESE PROGRAMS MADE 2,727 FULL TIME JOB PLACEMENTS (INCLUDING 767 INDIVIDUALS ACHIEVING IMPROVED JOB STATUS SUCH AS A PROMOTION, HIGHER PAY, OR INCREASED BENEFITS), AND 467 PART TIME JOB PLACEMENTS. THE PROGRAMS DELIVERED 17,762 SERVICES, INCLUDING 4,505 INDIVIDUALS RECEIVING SOFT SKILLS CERTIFICATES, 2,514 EXPUNGEMENTS, 955 FINANCIAL LITERACY CERTIFICATES, AND 294 INDIVIDUALS COMPLETING HIGHER EDUCATION OR OTHER RECOGNIZED CREDENTIAL. 2340103 2304551 GOODWILL INDUSTRIES OF KENTUCKY, INC. SENIOR COMMUNITY EMPLOYMENT SERVICE PROGRAM (SCSEP) THROUGH A NATIONAL DEPARTMENT OF LABOR (DOL) GRANT IS DESIGNED TO LINK LOW-INCOME, OLDER WORKERS TO ON-THE-JOB TRAINING THAT CAN HELP THEM MOVE INTO PAID EMPLOYMENT. THROUGH SCSEP, GOODWILL MATCHES ELIGIBLE INDIVIDUALS AGE 55 AND OLDER WITH NONPROFITS OR PUBLIC AGENCIES FOR ON-THE-JOB TRAINING IN A PROFESSIONAL WORK ENVIRONMENT, PAID BY THE SCSEP PROGRAM. THE SCSEP PROGRAM SERVED 347 INDIVIDUALS, MADE 8 FULL-TIME JOB PLACEMENTS, 27 PART-TIME JOB PLACEMENTS, WHILE PAYING OVER $1,690,000 IN MISSION-RELATED WAGES. 3616073 3665876 GOODWILL INDUSTRIES OF KENTUCKY, INC. (GOODWILL) EMPLOYS PERSONS TO PROVIDE JANITORIAL AND CUSTODIAL SERVICES UNDER CONTRACTS. THESE SERVICES ARE PERFORMED WITH A WORKFORCE COMPRISED OF MORE THAN 85% OF PERSONS WITH SIGNIFICANT DISABILITIES. THIS PROGRAM IS CONSISTENT WITH GOODWILL'S MISSION. THESE CONTRACTS EMPLOYED 49 PERSONS, AND PAID $709,000 IN MISSION-RELATED WAGES.THE CARS TO WORK PROGRAM HELPS INDIVIDUALS OBTAIN AFFORDABLE TRANSPORTATION TO ACHIEVE AND MAINTAIN EMPLOYMENT. PARTICIPANTS RECEIVE FINANCIAL COUNSELING AND GUIDANCE TO HELP THEM PROPERLY BUDGET FOR AND MAINTAIN THEIR VEHICLE. UPON PROGRAM COMPLETION, PARTICIPANTS ARE ELIGIBLE FOR DOWN PAYMENT ASSISTANCE AND A LOAN THROUGH A DEALER PARTNER WHICH IS COLLATERALIZED BY GOODWILL. LOAN INTEREST IS REIMBURSED TO PARTICIPANTS SUCCESSFULLY MAKING ALL PAYMENTS AT THE END OF THE LOAN TERM. FAMILIES ARE ALSO ENRICHED BY ACCESS TO TRANSPORTATION AS CLIENTS' CHILDREN MAY BE ABLE TO PARTICIPATE IN AFTER-SCHOOL ACTIVITIES, PERHAPS FOR THE FIRST TIME. IN ADDITION, CLIENTS HAVE THE OPPORTUNITY TO BUILD THEIR CREDIT RATING AND IMPROVE THEIR CREDIT SCORE. DURING 2022, 115 VEHICLES AND $228,734 IN DOWN PAYMENT ASSISTANCE AND INTEREST PAYMENT REIMBURSEMENTS WERE PROVIDED. IN ADDITION TO VEHICLES, THE CARS TO WORK - LAST MILE TO WORK PROGRAM REPAIRS AND PROVIDES BICYCLES TO PARTICIPANTS WITH TRANSPORTATION BARRIERS. THE LAST MILE TO WORK PROGRAM PROVIDED 270 BICYCLES TO PARTICIPANTS. GOODWILL'S EXCEL CENTER IS A TUITION FREE HIGH SCHOOL THAT GIVES ADULTS AGES 18-64 A SECOND CHANCE TO EARN A HIGH SCHOOL DIPLOMA. THE EXCEL CENTER OFFERS SUPPORT SERVICES SUCH AS ON-SITE CHILD CARE, TRANSPORTATION ASSISTANCE, COLLEGE CREDIT, AND INDUSTRY-RECOGNIZED CERTIFICATION COURSES. THROUGH ACCESS TO ADDITIONAL GOODWILL PROGRAMS SUCH AS EMPLOYMENT AND DISABILITY SERVICES, A JUSTICE-INVOLVED REENTRY PROGRAM, AND SERVICES FOR FIRST-TIME MOTHERS, THE EXCEL CENTER IS ABLE TO HELP REMOVE BARRIERS TO EDUCATION AND EMPOWER INDIVIDUALS TO ACHIEVE THEIR GOALS. 3616073 3665876 86879407 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 1 234 0 1 4190 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X MARK HOHMANN CFO 5022721700 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 NICHOLAS BRAKE BOARD MEMBER 1.00 X 0 0 0 CROSWELL CHAMBERS BOARD MEMBER 1.00 X 0 0 0 BETH DAVISSON BOARD MEMBER 1.00 X 0 0 0 CHERIE FLUECK BOARD MEMBER 1.00 X 0 0 0 GREG GERARD BOARD MEMBER 1.00 X 0 0 0 CONNIE HARVEY BOARD MEMBER 1.00 X 0 0 0 JOHN HUNTER BOARD MEMBER 1.00 X 0 0 0 EMILY LAWRENCE BOARD MEMBER 1.00 X 0 0 0 LLOYD LEDET BOARD MEMBER 1.00 X 0 0 0 JENNIFER LINDON BOARD MEMBER 1.00 X 0 0 0 DEB MURPHY BOARD MEMBER 1.00 X 0 0 0 DWIGHT JOHNSON BOARD MEMBER (PARTIAL YEAR) 1.00 X 0 0 0 AJAY GUPTA BOARD MEMBER (PARTIAL YEAR) 1.00 X 0 0 0 CHARLES J KANE BOARD MEMBER 1.00 X 0 0 0 JASON GRONECK CHAIRPERSON 1.00 X X 0 0 0 HUGH HAYDON VICE CHAIR 1.00 X X 0 0 0 DOUGLAS EDWARDS SECRETARY 1.00 X X 0 0 0 WILLIAM STOUT TREASURER 1.00 1.00 X X 0 0 0 AMY LUTTRELL PRESIDENT & CEO 40.00 1.00 X 456287 0 20566 RENA SHARPE CHIEF OPERATING OFFICER 40.00 X 319433 0 20660 MARK HOHMANN CHIEF FINANCIAL OFFICER 40.00 1.00 X 253867 0 29877 DEVONE HOLT CHIEF EXTERNAL AFFAIRS OFFICER 40.00 X 217720 0 18763 MARK DANIEL VICE-PRESIDENT RETAIL 40.00 X 188832 0 15270 PAUL FALKENSTEIN DIRECTOR OF LOGISTICS AND TRANSPORTATION 40.00 X 136986 0 20171 LENNEA WOOTEN DIRECTOR MISSION INTEGRATION 40.00 X 123309 0 19550 ANDREW WISE DIRECTOR FINANCE & ACCOUTNING 40.00 X 123181 0 12227 JOHN BARNETT DIRECTOR PROPERTY & FACILITIES 40.00 X 119108 0 22671 1938723 0 179755 18 0 1 0 MIRANDA CONSTRUCTION LLC 828 SOUTH 6TH STREET LOUISVILLE KY 40203 CONSTRUCTION/GENERAL CONTRACTING 4553179 QUANTUM ENTERPRISES INC 4041 MCCOLLUM CT LOUISVILLE KY 40218 DEMOLITION 1143287 CALHOUN CONSTRUCTION SERVICES INC 7707 NATIONAL TURNPIKE 400 LOUISVILLE KY 40214 CONSTRUCTION/GENERAL CONTRACTING 1085900 STUDIO A 2330 FRANKFORT AVE LOUISVILLE KY 40206 ARCHITECTURAL DESIGN SERVICES 979665 ADVANCED BUSINESS SOLUTIONS 1745 PAYNE ST LOUISVILLE KY 40206 INFORMATION TECHNOLOGY CONSULTING 740885 42 1000000 42619750 33644113 43619750 NET RETAIL STORES SALE 455000 57659061 57659061 WORKFORCE DEVELOPMENT 624310 8823181 8823181 CONTRACT REVENUE 561700 2065591 2065591 NET CAR SALES 455000 204174 204174 68752007 1057295 1057295 238010 209534 28476 28476 28476 1769749 1411960 357789 357789 357789 MISCELLANEOUS REVENUE 900099 159683 159683 159683 113975000 68752007 0 1603243 2219009 2219009 2659633 2659633 1372404 1263082 109322 51443863 46651694 4606841 185328 1047423 884201 156769 6453 5368946 5055241 283724 29981 4444660 4094154 336178 14328 28496 28496 68606 68606 50400 50400 80204 80204 2751001 1567126 1183107 768 1329406 653891 610227 65288 3929616 3763442 165636 538 739543 556946 181209 1388 8563613 8193021 370592 2077385 1820517 252938 3930 517244 517244 4476045 4207538 268507 MISCELLANEOUS 1829855 1714138 115011 706 EQUIPMENT RENTAL AND MA 1422577 1037700 380377 4500 SPECIFIC ASSISTANCE 1130564 900679 229026 859 AWARDS 632666 373439 257209 2018 224806 9794 214102 910 98407965 86879407 11102241 426317 13036673 10910626 2847757 3817169 871926 4878632 1128435 378661 0 26351368 3604187 3979777 592566 550787 142204670 40589227 95952414 101615443 58101117 35021785 1257345 172133 701867 6494156 178094287 194170537 7167373 9623839 986764 1263515 21055089 19319233 552552 4955814 29761778 35162401 X 147898212 158933557 434297 74579 148332509 159008136 178094287 194170537 15567035 -4891408 0 X X 0 1 X 1 1 1 X 19505166 23601304 35754920 33641738 43619750 156122878 19505166 23601304 35754920 33641738 43619750 156122878 156122878 1075250 1211232 862984 1351444 1295305 5796215 167081 55883 49250 295907 159683 727804 162646897 251861116 0.95990 0.95730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 1 1 50400 50400 0 PART II-B, LINE 1: DEVELOPMENT AND GENERATION OF SUPPORT FOR: 1) LEGISLATION DESIGNED TO FOSTER EMPLOYMENT OF PERSONS WITH DISABILITIES OR OTHER DISADVANTAGES AT THE STATE AND FEDERAL LEVELS OF GOVERNMENT. 2) LEGISLATION INCREASING SUPPORT FOR ADULT EDUCATIONAL OPPORTUNITIES IN KENTUCKY. 26234235 2000000 -4134528 902368 23197339 23653953 3388960 808678 26234235 21820913 2641646 808606 23653953 18826019 3803285 808391 21820913 260310 20000000 -1425739 8552 18826019 1.00000 1 0 2982424 33655525 36637949 84733739 26887497 57846242 2551187 1501035 1050152 18105122 12044482 6060640 176673 156213 20460 101615443 L-T UI RESERVE 552552 LEASE LIABILITY 4403262 4955814 X 109212922 -4891408 209534 -4681874 113894796 80204 80204 113975000 96467589 209534 209534 96258055 80204 2069706 2149910 98407965 PART V, LINE 4: THE ENDOWMENT PROVIDES INVESTMENT GROWTH AND INCOME FUNDS THAT ARE INTENDED FOR OPERATIONAL NEEDS THAT ASSIST IN THE FULFILLMENT OF THE COMPANY'S MISSION. PART X, LINE 2: GOODWILL INDUSTRIES OF KENTUCKY, INC. AND SUBSIDIARY ARE EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GOODWILL INDUSTRIES WORKS, LLC IS A SINGLE-MEMBER LIMITED LIABILITY COMPANY AND CONSIDERED A DISREGARDED ENTITY FOR TAX PURPOSES. GOODWILL RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 209,534. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 209,534. PART XII, LINE 4B - OTHER ADJUSTMENTS: RELATED PARTY EXPENSES 2,069,706. 0 KENTUCKY STATE TREASURER 500 MERO ST FRANKFORT KY 40601 GOV 139303 0 DONATIONS RAISED FOR WESTERN KENTUCKY TORNANDO RELIEF FUND FLORIDA GOODWILL ASSOCIATION 4527 LENOX AVE JACKSONVILLE FL 32205 311667466 501(C)(3) 10000 0 DONATIONS RAISED FOR HURRICANE IAN RELIEF FUND GOODWILL KY SUPPORT CORPORATION INC 1325 SOUTH 4TH STREET LOUISVILLE KY 40208 882219940 501(C)(3) 0 2069706 HISTORICAL COST LAND AND BUILDING CONSTRUCTION-IN-PROGRESS CONTRIBUTION FOR CONSTRUCTION AND DEVELOPMENT OF A RESOURCE CENTER FACILITY IN WEST LOUISVILLE 3 0 CASH AWARDS FOR PERFECT PROGRAM ATTENDANCE, EDUCATIONAL ACHIEVEMENT, PROGRAM COMPLETION, AND MILESTONES 72 22250 RISE PROGRAM STIPENDS & SUPPORTIVE SERVICES 741 238430 84734 CLOTHING, WORK EQUIPMENT, CHROME BOOKS, IDENTIFICATION CARDS, HOUSING, AND TRANPORTAION ASSISTANCE TO PROGRAM PARTICIPANTS. REIMBURSE VEHICLE INTEREST PAYMENTS 24 8827 HOUSING ASSISTANCE 555 522899 INVOICE RENT ASSISTANCE, HOUSING REPAIRS, AND UTILITY ASSISTANCE TO PROGRAM PARTICIPANTS. LEGAL ASSISTANCE 2514 310469 INVOICE GOODWILL HOSTED EXPUNGEMENT CLINICS BY PROVIDING LEGAL AID ASSISTANCE TO PROGRAM PARTICIPANTS. THIS PROVIDED STEPS TO HELP PROGRAM PARTICIPANTS CLEAR THEIR RECORD, WHICH CAN BE A BARRIER TO EMPLOYMENT. VEHICLE DOWN PAYMENT ASSISTANCE 115 222906 FIXED MATCH CARS TO WORK PROGRAM PARTICIPANTS RECEIVE DOWNPAYMENT ASSISTANCE TOWARD THE PURCHASE OF A USED VEHICLE. FINANCIAL COUNSELING CLASSES 151 34510 INVOICE PROGRAM PARTICIPANTS RECEIVE A FINANCIAL COUNSELING COURSE TO ASSIST WITH BUDGETING, CREDIT HEALTH REVIEW, AND SIX MONTHS OF FINANCIAL COACHING. TRANSPORTATION ASSISTANCE 639 202076 PURCHASE PRICE BUS PASSES, RIDE SERVICES, GAS CARDS, INSURANCE, AND VEHICLE REPAIRS TO REMOVE TRANSPORTATION BARRIERS FOR RECIPIENT'S PARTICIPATION IN PROGRAMS, JOB INTERVIEWS, OR APPOINTMENTS TO AID OBTAINING EMPLOYMENT EDUCATION ASSISTANCE 306 588382 PURCHASE PRICE TUITION, COURSE/CERTIFICATION FEES, AND SUPPLIES CLOTHING VOUCHERS 7812 424150 PURCHASE PRICE GOODWILL CLOTHING VOUCHERS FOR INDIVIDUALS DISPLACED DUE TO WESTERN KENTUCKY TORNADO AND EASTERN KETNUCKY FLOODING. X X X X 0 0 0 0 0 1 0 0 0 AMY LUTTRELL PRESIDENT & CEO 374086 0 82201 0 0 0 14500 0 6066 0 476853 0 0 0 RENA SHARPE CHIEF OPERATING OFFICER 270486 0 48947 0 0 0 13645 0 7015 0 340093 0 0 0 MARK HOHMANN CHIEF FINANCIAL OFFICER 212838 0 41029 0 0 0 10242 0 19635 0 283744 0 0 0 DEVONE HOLT CHIEF EXTERNAL AFFAIRS OFFICER 185867 0 31853 0 0 0 11027 0 7736 0 236483 0 0 0 MARK DANIEL VICE-PRESIDENT RETAIL 164145 0 24687 0 0 0 9204 0 6066 0 204102 0 0 0 PAUL FALKENSTEIN DIRECTOR OF LOGISTICS AND TRANSPORTA 136986 0 0 0 0 0 7047 0 13124 0 157157 0 0 0 PART I, LINE 6 GOODWILL INDUSTRIES OF KENTUCKY, INC. HAS AN INCENTIVE COMPENSATION PLAN WHICH IS PART OF THE OVERALL COMPENSATION PROGRAM. THE GOAL OF THE PLAN IS TO FOCUS ECONOMIC INCENTIVES ON PROGRAM RESULTS AND THE AREAS IN WHICH GOODWILL OPERATES PROGRAMS. THE PLAN FOCUSES ON ACHIEVING THE ORGANIZATION'S MISSION AND THE ECONOMIC STABILITY OF THE COMPANY. PARTICIPANTS MAY EARN UP TO 20% ABOVE THEIR BASE PAY BY MEETING FIVE ESTABLISHED CRITERIA RELATED TO: AVERAGE PLACEMENT HOURLY WAGES, PLACEMENTS OF PERSONS WITH DISABILITIES OR OTHER DISADVANTAGES INTO HIGHER WAGE JOBS, AGENCY ECONOMIC STABILITY, THE DONATED GOODS PROGRAM SUCCESS, AND DEPARTMENT EXPENSE CONTROL. THE AGENCY ECONOMIC STABILITY AND DEPARTMENT EXPENSE CONTROL ENTAILS MEETING FISCAL BUDGET. A CITY OF LYNDON KENTUCKY 610662393 2013-12-19 35265000 REFUNDING OF 2007 AND 2010 BONDS 0 0 0 A 15722313 35265000 35265000 2013 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 WYATT STOUT SON OF BOARD MEMBER 22710 WAGES 0 X 33439939 FMV X 137 204174 FMV 0 0 0 1 PART I, LINE 32B: GOODWILL INDUSTRIES OF KY, INC UTILIZES INDEPENDENT THIRD PARTY AUCTION HOUSES TO SELL SURPLUS DONATED VEHICLES. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE DRAFT FORM 990 RETURN, THE DOCUMENT, ALL ATTACHED SCHEDULES, AND ACCOMPANYING EXPLANATION SHEETS ARE PRESENTED TO THE GOODWILL INDUSTRIES OF KENTUCKY AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ELECTRONIC COPIES ARE SENT AHEAD OF THE MEETING. AFTER OBTAINING THE AUDIT COMMITTEE'S APPROVAL, AN ELECTRONIC COPY IS THEN E-MAILED TO THE GOODWILL INDUSTRIES OF KENTUCKY, INC. BOARD OF DIRECTORS PRIOR TO THE FORM 990 BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, GOODWILL INDUSTRIES OF KENTUCKY, INC. ASKS ITS OFFICERS AND DIRECTORS TO COMPLETE A QUESTIONNAIRE WHICH DEFINES AND DESCRIBES THE COMPANY'S CONFLICTS OF INTEREST POLICY AND ASKS IF THERE WERE BUSINESS TRANSACTIONS THAT HAVE OCCURRED OR PERSONAL RELATIONSHIPS WHICH CAUSE A CONFLICT. THE COMPANY ALSO HAS AN ANONYMOUS TIP LINE THAT CAN BE USED FOR PERSONS TO REPORT SUSPECTED CONFLICTS THAT WOULD VIOLATE COMPANY POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF GOODWILL INDUSTRIES OF KENTUCKY, INC. HAS A COMPENSATION PHILOSOPHY THAT IS REVIEWED ANNUALLY AND USED TO GUIDE COMPENSATION DECISIONS. THE BOARD INITIATES THE REBUTTABLE PRESUMPTION PROCESS FOR COMPENSATION BY ANNUALLY REVIEWING THE COMPENSATION FOR THE PRESIDENT/CEO AND OTHER DISQUALIFIED POSITIONS. THE EXECUTIVE COMMITTEE ENGAGES AN OUTSIDE CONSULTANT TO PROVIDE COMPARATIVE DATA. THE COMMITTEE THEN PRESENTS ITS RECOMMENDATIONS FOR THE CEO'S COMPENSATION AND THE COMPENSATION LIMITS OF OTHER DISQUALIFIED POSITIONS TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 IN AN EFFORT TO MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, GOODWILL INDUSTRIES OF KENTUCKY, INC. PLACES THE 990 TAX RETURN AND ANNUAL REPORT ON ITS WEBSITE. THE ANNUAL REPORT IS ALSO BROADLY DISTRIBUTED IN COMMUNITIES IN WHICH THE COMPANY OPERATES. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THOSE WHO REQUEST THEM. PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS FOR THE AUDIT DURING THE CALENDAR YEAR. GOODWILL INDUSTRIES WORKSLLC 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 753157787 MISSION EMPLOYMENT KY 0 0 GOODWILL INDUSTRIES OF KY INC GOODWILL KY SUPPORT CORPORATION INC 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 882219940 FINANCING KY 501(C)(3) LINE 12A, I GOODWILL INDUSTRIES OF KENTUCKY INC 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GOODWILL KY SUPPORT CORPORATION D 1330627 BOOK VALUE