2024-11-11T13:06:02-06:00 2023-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2023-01-01 270953369 GOODWILL INDUSTRIES OF THE VALLEY WORKS GOOD 5405810620 PO BOX 2420 ROANOKE VA 24010 RICHMOND J VINCENT JR PRESIDENT AND CEO 5405810620 2024-11-08 1 0 EVAN ROSS P01786214 5403450936 2024-11-08 2023 2024-10-15 13:58:12Z RICHMOND J VINCENT JR 310 1ST STREET SW STE 1200 ROANOKE VA 24011 105542501 0 X WWW.GOODWILLVALLEYS.COM X 2009 VA THROUGH THE WORK OF GOODWILL, PEOPLE WILL HAVE THE OPPORTUNITY TO ACHIEVE THEIR GREATEST POTENTIAL. 18 18 1514 52 0 0 52413386 51429104 56165973 54076763 77782 3282 117456 33352 108774597 105542501 0 4000000 0 0 28093269 27149466 0 0 0 76207038 74625654 104300307 105775120 4474290 -232619 39096894 36763964 20362463 18223895 18734431 18540069 X GOODWILL'S MISSION IS TO EMPOWER INDIVIDUALS, STRENGTHEN FAMILIES, AND INSPIRE COMMUNITIES THROUGH JOB SKILLS TRAINING AND WORK PLACEMENT OPPORTUNITIES WITH A MULTI-GENERATIONAL APPROACH FOCUSED ON REMOVING BARRIERS. 0 0 92690582 47671943 DONATED GOODS - GOODWILL COLLECTS ITEMS THAT THE PUBLIC NO LONGER NEEDS AT COMMUNITY DONATION CENTERS AND SELLS THESE ITEMS IN RETAIL STORES THAT IT OPERATES. DONATED ITEMS THAT ARE SOLD IN STORES INCLUDE CLOTHING, SHOES, TOYS, HOUSEHOLD GOODS, FURNITURE, SMALL ELECTRONICS, AND VARIOUS OTHER ITEMS. THE REVENUES GENERATED FROM STORE SALES HELP TO FUND THE ORGANIZATION'S SKILLS TRAINING, JOB PLACEMENT, AND SUPPORT SERVICES TO HELP PEOPLE ACHIEVE THEIR GREATEST POTENTIAL. THIS FUNDING SUPPORTS BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 3189643 2900156 BUSINESS SERVICES - GOODWILL PROVIDES OUTSOURCING SOLUTIONS TO AREA BUSINESSES IN FIELDS SUCH AS MANUFACTURING, PRODUCTION AND ASSEMBLY, AND CUSTODIAL. INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT WORK WITH OTHERS IN THESE JOBS THAT ARE PERFORMED AT EITHER AN AREA BUSINESS OR AT A GOODWILL FACILITY. BUSINESS SERVICES NOT ONLY PROVIDES PAID WORK OPPORTUNITIES FOR INDIVIDUALS IN GOODWILL PROGRAMS BUT ALSO PROVIDES REVENUE TO SUPPORT BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 4536522 3504696 SALVAGE - IF DONATED ITEMS THAT ARE COLLECTED BY THE ORGANIZATION (SEE 4A ABOVE) CANNOT BE SOLD IN THE RETAIL STORES, GOODWILL MAKES EVERY EFFORT TO RECYCLE THESE ITEMS THROUGH THIRD-PARTY COMPANIES. THESE ITEMS ARE SOLD ON A PER POUND BASIS TO THESE COMPANIES, WHICH IN TURN RECYCLE OR REUSE THE PRODUCT. GOODWILL SALVAGE OPERATIONS PROVIDES CRITICAL REVENUES TO SUPPORT GOODWILL PROGRAMS AND BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 4000000 SUPPORT TO RELATED ORGANIZATION 4000000 100416747 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 74 0 1 1514 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X THE CORPORATION 5405810620 310 1ST STREET SW STE 1200 ROANOKE VA 24011 MATTHEW CHURCHILL CHAIR 1.00 1.00 X X 0 0 0 AARON BOUSH VICE CHAIR 1.00 1.00 X X 0 0 0 JOHN WOOD SECRETARY 1.00 1.00 X X 0 0 0 SAM WORTHINGTON DIRECTOR 1.00 1.00 X 0 0 0 JOSEPH BRADNEY DIRECTOR 1.00 1.00 X 0 0 0 CURTIS BURCHETT DIRECTOR 1.00 1.00 X 0 0 0 LISA CLAUSE DIRECTOR 1.00 1.00 X 0 0 0 BRIAN FINNEY DIRECTOR 1.00 1.00 X 0 0 0 RANDALL GATZKE DIRECTOR 1.00 1.00 X 0 0 0 TIFFANY LEE DIRECTOR 1.00 1.00 X 0 0 0 JEREMY LONGSHORE TREASURER 1.00 1.00 X X 0 0 0 GLORIA MANNS DIRECTOR 1.00 1.00 X 0 0 0 SHEILA UMBERGER DIRECTOR 1.00 1.00 X 0 0 0 ANGELIA VERNON DIRECTOR 1.00 1.00 X 0 0 0 AUTUMN VISSER DIRECTOR 1.00 1.00 X 0 0 0 LORI CAULEY DIRECTOR 1.00 1.00 X 0 0 0 MELISSA LUPIN DIRECTOR 1.00 1.00 X 0 0 0 JOHN PROVO DIRECTOR 1.00 1.00 X 0 0 0 RICHMOND VINCENT PRESIDENT & CEO 1.00 40.00 X 0 275671 22973 JACKSON G GREEN CHIEF FINANCIAL OFFICER & 1.00 40.00 X 0 198318 20410 RACHEL PUTNUM CHIEF STRATEGY & PEOPLE OF 1.00 40.00 X 0 175100 12796 MINDY BOYD CHIEF OPERATIONS OFFICER 40.00 1.00 X 202006 0 12779 BRENDA MOORE CHIEF INFORMATION OFFICER 1.00 40.00 X 0 201083 10800 JIM FORER VICE PRESIDENT 40.00 1.00 X 145214 0 4947 BRANDY TABOR VICE PRESIDENT 1.00 40.00 X 0 111494 9618 MARY ANN GILMER CHIEF EXTERNAL AFFAIRS OFFICER 1.00 40.00 X 0 176658 5277 STEPHANIE SMOOT VICE PRESIDENT 1.00 40.00 X 0 104186 12724 STEPHANIE HOER VICE PRESIDENT 1.00 40.00 X 0 136832 13450 PHILLIP FRENCH VICE PRESIDENT 1.00 40.00 X 0 134025 4711 CHRIS CONNER VICE PRESIDENT 1.00 40.00 X 0 119076 13327 ZENITH BARRETT VICE PRESIDENT 1.00 40.00 X 0 109396 14670 DONNA STUCKER CHIEF PHILANTHROPY OFFICER 1.00 40.00 X 0 128648 8573 SHARON HODGES DIRECTOR OF RE & ASSET MGMT 1.00 40.00 X 0 101383 3683 347220 1971870 170738 2 0 1 0 UHS PREMIUM BILLING PO BOX 94017 PALATINE IL 600944017 BENEFITS 2366238 PTAP INVESTMENTS LLC 2903 N AUGUSTA ST STAUNTON VA 24401 RENT 760260 MTAP INVESTMENTS LLC 2903 N AUGUSTA ST STAUNTON VA 24401 RENT 653590 TAP INVESTMENTS LLC 2903 N AUGUSTA ST STAUNTON VA 24401 RENT 624347 WASTE MANAGEMENT OF BLUE RIDGE PO BOX 13648 PHILADELPHIA PA 191013648 GARBAGE SERVICES 503910 5 51429104 51429099 51429104 STORES & SALVAGE SALES 459510 51183387 51183387 CONTRACT REVENUE 459510 2893376 2893376 54076763 3282 0 3282 3282 3282 OTHER REVENUE 900099 33352 32 33320 33352 105542501 54076795 0 36602 4000000 4000000 342664 342664 22302390 22302390 100636 100636 2662371 2662371 1741405 1741405 5358373 5358373 27206 27206 197862 197862 298685 298685 8932538 8932538 495770 495770 6550 6550 148795 148795 85895 85895 1257219 1257219 360539 360539 DONATED PROGRAM MATERIA 51183387 51183387 MATERIALS, SUPPLIES, AN 4599256 4599256 COMMISSIONS 839674 839674 VEHICLE LEASE EXPENSE 371676 371676 462229 462229 105775120 100416747 5358373 0 5010241 7690181 886897 601304 3049502 3382265 579087 665996 379 379 0 0 29571167 24424218 39096894 36763964 1897042 2094794 18465421 16129101 20362463 18223895 X 18734431 18540069 18734431 18540069 39096894 36763964 -232619 38108 149 0 X X 0 1 X 1 0 X X X 1 GOODWILL INDUSTRIES 540884014 7 1 4000000 0 1 4000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 379 379 0 0 DEPOSITS 40518 RIGHT-OF-USE ASSET 16129101 DUE FROM RELATED ORGANIZATION 8254599 24424218 RIGHT-OF-USE LEASE LIABILITY 16129101 16129101 1 GOODWILL INDUSTRIES OF THE VALLEYS INC 310 1ST STREET SW STE 1200 ROANOKE VA 24011 540884014 501 (C) (3) 4000000 0 GENERAL SUPPORT 1 PART I, LINE 2: GOODWILL INDUSTRIES OF THE VALLEY WORKS ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. X X X 0 0 0 0 0 0 0 0 0 RICHMOND VINCENT PRESIDENT & CEO 0 268471 0 0 0 7200 0 12485 0 10488 0 298644 0 0 JACKSON G GREEN CHIEF FINANCIAL OFFICER & 0 192765 0 0 0 5553 0 9831 0 10579 0 218728 0 0 MINDY BOYD CHIEF OPERATIONS OFFICER 200072 0 0 0 1934 0 4079 0 8700 0 214785 0 0 0 BRENDA MOORE CHIEF INFORMATION OFFICER 0 194083 0 1000 0 6000 0 10110 0 690 0 211883 0 0 RACHEL PUTNUM CHIEF STRATEGY & PEOPLE OF 0 155939 0 15000 0 4161 0 4884 0 7912 0 187896 0 0 MARY ANN GILMER CHIEF EXTERNAL AFFAIRS OFFICER 0 175982 0 0 0 676 0 0 0 5277 0 181935 0 0 STEPHANIE HOER VICE PRESIDENT 0 136832 0 0 0 0 0 4247 0 9203 0 150282 0 0 JIM FORER VICE PRESIDENT 142592 0 0 0 2622 0 4278 0 669 0 150161 0 0 0 PART I, LINE 3 ALL COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM IS PAID BY THE RELATED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS, INC. A GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, TO RESPONSIBLY DETERMINE THE COMPENSATION OF THE PRESIDENT & CEO. THE COMMITTEE USES AN ANNUAL MARKET SALARY STUDY FROM A THIRD PARTY THAT COMPARES POSITIONS BY INDUSTRY, GEOGRAPHIC SCOPE, AND ANNUAL REVENUE FOR BASE SALARY AND TOTAL COMPENSATION. A REVIEW OF THE PREVIOUS YEAR'S OUTCOMES, PERFORMANCE, AND GOALS ATTAINED ARE ALSO CONSIDERED DURING THE PERFORMANCE AND COMPENSATION REVIEW. DISCUSSIONS OF COMPENSATION ARE RECORDED IN THE BOARD MINUTES. X 51183387 SALES PROCEEDS X 8 33712 AUCTION PRICE 0 0 1 PART I, LINE 32B: GOODWILL CONTRACTS WITH A THIRD PARTY PROVIDER TO PROCESS AND SELL THE DONATED VEHICLES. THE THIRD PARTY PROVIDER MANAGES THE PROCESS WHICH INCLUDES THE INITIAL CALLS, PICK UP OF VEHICLES, AUCTIONS,AND PAPERWORK PROCESSING SUCH AS REPORTING OF FORMS 1098-C. THE ORGANIZATION RECEIVES REPORTS ON THE ACTUAL REVENUE RECEIVED FROM THE SALES. THESE REPORTED REVENUE AMOUNTS ARE THEN RECORDED AT EITHER ACTUAL FAIR MARKET VALUE RECEIVED OR ESTIMATED RESALE VALUE. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS SIGNED BY THE CEO AND ELECTRONICALLY SUBMITTED TO THE IRS. THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, SENIOR LEADERSHIP MEMBERS, AND DIRECTOR LEVEL EMPLOYEES MUST COMPLETE AND SIGN A DISCLOSURE FORM ANNUALLY THAT STATES THEY HAVE READ, AGREE WITH, AND ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANY GOVERNING BOARD MEMBER HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER. AND HE/SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHEN PERMITTED BY LAW. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE. FORM 990, PART VI, SECTION B, LINE 15A ALL COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM IS PAID BY THE RELATED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS, INC. A GOVERNANCE COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, TO RESPONSIBLY DETERMINE THE COMPENSATION OF THE PRESIDENT & CEO. THE COMMITTEE USES AN ANNUAL MARKET SALARY STUDY FROM A THIRD PARTY THAT COMPARES POSITIONS BY INDUSTRY, GEOGRAPHIC SCOPE, AND ANNUAL REVENUE FOR BASE SALARY AND TOTAL COMPENSATION. A REVIEW OF THE PREVIOUS YEAR'S OUTCOMES, PERFORMANCE, AND GOALS ATTAINED ARE ALSO CONSIDERED DURING THE PERFORMANCE AND COMPENSATION REVIEW. DISCUSSIONS OF COMPENSATION ARE RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOODWILL MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GOODWILL INDUSTRIES OF THE VALLEYS INC 310 1ST STREET SW STE 1200 ROANOKE VA 24011 540884014 CHARITABLE ACTIVITY VA 501(C)(3) LINE 7 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 GOODWILL INDUSTRIES OF THE VALLEYS INC D 2820095 BOOK GOODWILL INDUSTRIES OF THE VALLEYS INC K 1257219 BOOK GOODWILL INDUSTRIES OF THE VALLEYS INC M 5358373 BOOK GOODWILL INDUSTRIES OF THE VALLEYS INC N 2102602 BOOK GOODWILL INDUSTRIES OF THE VALLEYS INC B 4000000 BOOK