2025-11-14T14:10:52-06:00 2025-06-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2024-07-01 042106765 Morgan Memorial Goodwill Industries Inc MORG 6174451010 1010 Harrison Avenue Boston MA 02119 Joanne K Hilferty President and CEO 6174451010 2025-11-14 1 1 Erin Couture P01390592 6177237900 2024 2025-03-06 01:10:19Z Joanne K Hilferty 1010 Harrison Avenue Boston MA 02119 56035901 0 X www.goodwillmass.org X 1905 MA Independence and dignity through work. 13 12 734 146 0 0 10649073 12112180 9969372 9822343 2327192 2058393 16166656 17474709 39112293 41467625 0 0 0 0 19614488 20788932 55200 55200 773285 13785313 15395392 33455001 36239524 5657292 5228101 72879881 78790860 24294160 22733820 48585721 56057040 X The mission of Morgan Memorial Goodwill Industries (Goodwill) is to help individuals with barriers to self-sufficiency to achieve independence and dignity through work. Not charity, but a chance. 0 0 7813887 9822343 Schedule O: Job Training and Career ServicesGoodwill is a community-based nonprofit organization and a leading provider of job training and career services in Massachusetts. Goodwill's mission services help individuals who face barriers to self-sufficiency prepare for the workplace, find jobs, and advance in order to support themselves and their families. In the year ending June 30, 2025, Goodwill served 4,071 individuals through its mission services. Goodwill Boston Career Center, the career center Goodwill operates at its headquarters in Roxbury, assisted 3,536 individuals with career services including resume preparation, interview practice, online application assistance, labor market information, and training referrals. The career center also brought 69 employers on site for 65 recruitment events and documented 259 placements. Work readiness and skills training programs enrolled 129 people considered hardest to employ, offering case management, job skills and job readiness training, on-the-job training, placement, and post-placement supports. Trainees included individuals with limited work histories and low educational attainment, citizens returning from correction, victims of domestic violence, and individuals on Transitional Assistance. Of the participants, 51 found jobs and started on paths to self-sufficiency.Developmental services offered a range of employment, pre-employment, and other day programs to 406 individuals with developmental and other disabilities, including public high school students with special needs. Employment-oriented services include work readiness training, on-the-job training, case management, placement, and post-placement supports.Goodwill's social enterprises provided on-the-job training and a paycheck to 167 individuals through the retail program and the housekeeping/maintenance contracted services. (The retail program is described in Part III, Line 4b). 22577904 17528291 Schedule O: Retail ProgramThe retail program is a social enterprise that benefits the community by providing job training for individuals with barriers to self-sufficiency and by making quality, low-cost goods available at affordable prices for individuals and families that need to stretch their budgets. The retail program provides job training for individuals with barriers to self-sufficiency in collecting, processing, merchandising, and selling donated goods. It creates jobs and economic vitality in the communities in which stores and operations are located. It also offers community members a convenient way to reuse and recycle clothing and household goods.In the year ending June 30, 2025, Goodwill's retail program operated 14 stores and an outlet store and collected donations at an additional 16 sites throughout Massachusetts. Goodwill's retail program handled 1.2 million sales transactions and reused and recycled 28.6 million pounds of donated clothing and household goods. 30391791 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 54 0 1 734 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT FL ME MD MA NH NY NC OH PA RI X X X Laurel Ford VP Finance & CFO 6175411287 1010 Harrison Avenue Boston MA 02119 Joanne K Hilferty President & CEO 39.75 0.25 X X 669458 0 19911 Paul Andrew Chair 2.75 0.25 X X 0 0 0 Maria Harris Vice Chair (as of 01/25) 2.75 0.25 X X 0 0 0 Yusef Abdolmohammadi Treasurer (as of 01/25) 2.75 0.25 X X 0 0 0 David Orr Jr Clerk 2.75 0.25 X X 0 0 0 John Doucette Board Member 1.75 0.25 X 0 0 0 Robert Diestel Board Member 2.00 0.00 X 0 0 0 Jay McQuaide Board Member 2.00 0.00 X 0 0 0 Kathleen Murphy Board Member 2.00 0.00 X 0 0 0 Thanh Nguyen Board Member 2.00 0.00 X 0 0 0 Marie St Fleur Board Member 2.00 0.00 X 0 0 0 Mary Wadlinger Board Member 2.00 0.00 X 0 0 0 Linda Williams Board Member 1.75 0.25 X 0 0 0 Laurel Ford VP of Finance & CFO 40.00 0.00 X 235352 0 19594 Alexander MacNeil VP of Operations 40.00 0.00 X 251363 0 23691 Adam Dossas Director of Donations & Outreach 40.00 0.00 X 166196 0 26237 Laurie Gallagher Director of Marketing 40.00 0.00 X 172293 0 17846 Jasmin Mujkic VP of Retail 40.00 0.00 X 170228 0 0 Ricardo Flores Sr. Director Human resources 40.00 0.00 X 139012 0 14860 William Jones Controller 40.00 0.00 X 148013 0 16805 1951915 0 138944 9 0 1 0 Metro Equipment Corporation 20 Rex Drive Braintree MA 02184 Construction 940043 M&M Transportation 643 Manley Street West Bridgewater MA 02379 Transportation 530606 Republic Services 320-A Charger Street Revere MA 02151 Trash Removal 485135 Louis Pasqualucci & Son Inc PO Box 690514 Quincy MA 022690514 Construction 469594 Blue Mantis (formerly Greenpages) 33 Badgers Island West Kittery ME 03904 IT Support 430087 42 241792 672245 11198143 9331576 12112180 FEES AND GRANTS 561300 6100020 6100020 WORKSITE REVENUE 624310 3722323 3722323 9822343 1053742 1053742 6242834 5238183 1004651 1004651 1004651 14500 241792 68082 -53582 -53582 26790302 9262011 17528291 17528291 41467625 27350634 0 2004811 1137562 101429 819324 216809 16254483 14284938 1736334 233211 105662 58329 38032 9301 2005339 1775947 205863 23529 1285886 1093616 167665 24605 37723 37723 197650 197650 55200 55200 104229 104229 1417012 960690 423317 33005 141905 59422 82483 42774 27407 13228 2139 483130 318746 142310 22074 6667249 6585634 72455 9160 1062153 1049890 11971 292 42316 16465 25802 49 191853 155604 32983 3266 1394746 1353283 37065 4398 610478 523605 79208 7665 Goods & Supplies 1054163 956512 14316 83335 Soil Remediation 722223 722223 Bank Fees 507753 491583 2184 13986 Rental & Maint of Equip 422246 377922 38861 5463 295789 200769 69222 25798 36239524 30391791 5074448 773285 9541114 12969036 10000 2040859 2163404 770277 839842 692102 692903 27242596 19245305 7101862 7997291 28058119 31438616 24675548 22679768 72879881 78790860 2297031 3300817 3751714 3635506 18245415 15797497 24294160 22733820 X 26569241 34844409 22016480 21212631 48585721 56057040 72879881 78790860 5228101 2243218 0 X 0 1 X 1 1 1 X 9422196 12405203 10526785 10649073 12112180 55115437 9422196 12405203 10526785 10649073 12112180 55115437 55115437 866134 962980 981762 891588 1053742 4756206 12900 14300 13200 14500 54900 59926543 157878284 0.91970 0.92010 X Schedule A, Part II, Line 10, Explanation of Other Income: Gross Income From Fundraising - 2020 Amount: $ 0. 2021 Amount: $ 12,900. 2022 Amount: $ 14,300. 2023 Amount: $ 13,200. 2024 Amount: $ 14,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36239524 36239524 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 7200 X X X X 0 28001068 4294361 916000 31379429 24814811 4036257 850000 28001068 22305912 3312899 804000 24814811 24703935 -1673023 725000 22305912 20104316 97500 5166119 664000 24703935 0.17100 0.82900 0 0 611849 611849 17655624 13825625 3829999 5458466 3089173 2369293 3516657 2330507 1186150 7997291 Right of Use Asset 14423127 Beneficial Int Perpetual Trust 7109886 Deferred Comp Plan 687870 Jacobs Trust 232391 Split Interest Agreements 150392 Security Deposits 68902 Contributed Collections Items 7200 22679768 Right of Use Liability 15109628 Deferred Comp Plan 687869 15797497 X 52936707 2243218 2243218 50693489 104229 -9330093 -9225864 41467625 45465388 9330093 9330093 36135295 104229 104229 36239524 Part III, Line 4: Vintage clothing and accessories (1840s to 1960s) were collected over many years; the collection is a tool for educating the public on Goodwill's history. Part V, Line 4: Goodwill manages its donor-restricted endowment funds consistent with the Massachusetts Uniform Prudent Management of Institutional Funds Act, and maintains funds in accordance with donor restrictions. Goodwill has pooled the funds with other funds and has adopted a uniform investment approach designed to preserve the long-term purchasing power of Goodwill's assets relative to inflation and to provide a reasonable, predictable, and stable revenue stream to support Goodwill's mission. Part X, Line 2: Schedule D, Part X, Line 2 Goodwill is a nonprofit organization as described in section 501(c)(3) of the Internal Revenue Code, as amended, and is generally exempt from income taxes pursuant to section 501(a) of the code. Goodwill is required to assess the existence of uncertain tax positions and has determined that there are no such positions. Part XI, Line 4b - Other Adjustments: Cost of Goods Sold -9,262,011. Direct Event Expenses -68,082. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 9,262,011. Direct Event Expenses 68,082. X X X X X X 1 Huntsinger-Jeffer 809 Brook Hill Circle Richmond VA 23227 Professional Fundraising 0 235006 55200 179806 235006 55200 179806 CA CT FL ME MD MA NH NY NC OH PA RI Good Party 243646 229146 14500 19130 46452 2500 Marathon 12646 12646 256292 241792 14500 19130 46452 2500 68082 -53582 X X X X X 0 0 0 0 0 0 0 1 0 Joanne K Hilferty President & CEO 464432 0 185026 0 20000 0 4580 0 15331 0 689369 0 0 0 Alexander MacNeil VP of Operations 226363 0 25000 0 0 0 0 0 23691 0 275054 0 0 0 Laurel Ford VP of Finance & CFO 210352 0 25000 0 0 0 3534 0 16060 0 254946 0 0 0 Adam Dossas Director of Donations & Outreach 166196 0 0 0 0 0 1703 0 24534 0 192433 0 0 0 Laurie Gallagher Director of Marketing 167293 0 5000 0 0 0 2986 0 14860 0 190139 0 0 0 Jasmin Mujkic VP of Retail 170228 0 0 0 0 0 0 0 0 0 170228 0 0 0 William Jones Controller 148013 0 0 0 0 0 2447 0 14358 0 164818 0 0 0 Ricardo Flores Sr. Director Human resources 134012 0 5000 0 0 0 0 0 14860 0 153872 0 0 0 Part I, Line 7 Non-Fixed Payments Certain individuals listed on Schedule J, Part II, were eligible for and received performance-related bonuses pursuant to the Board-approved Executive Compensation Program. X 9331576 Retail Value 0 1 0 Form 990, Part VI, Section B, line 11b Form 990 Review Process Independent tax advisors from a national professional services firm prepare the IRS Form 990. The Treasurer of the Board reviews it and all directors receive copies prior to its submission to the IRS. Form 990, Part VI, Section B, line 12c Conflict of Interest Policy Monitoring and Enforcement The Board of Directors has established a Conflict/Disclosure of Interest Policy requiring officers, directors, and members of committees with board-delegated powers to disclose any interests at the time the possibility of a conflict arises or they become aware there is a possibility of a conflict. All conflicts or transactions involving an interested party are reviewed by the Board or the Executive Committee. If a conflict or potential conflict exists, interested parties recuse themselves from discussions of and votes on any related party transactions in which they have an interest. In addition, all officers, directors, and members of committees with board-delegated powers are required to review the policy on an annual basis and affirmatively indicate any matters requiring disclosure. A written statement of all related party transactions and other disclosures is provided annually to each member of the Board of Directors. Form 990, Part VI, Section B, line 15 Process for Determining Compensation The Board of Directors has established an Executive Compensation Policy for the President/CEO and Vice Presidents. The Board Compensation Committee is comprised of independent members and is responsible for the overall administration of executive compensation. The Committee annually recommends the Executive Compensation Program to the Board of Directors. The Compensation Committee regularly engages a compensation consultant to compile and evaluate data regarding compensation of similarly qualified individuals in comparable positions at organizations of comparable size and complexity in both the nonprofit and for-profit sectors. The Compensation Committee evaluates the President/CEO's performance and makes recommendations for the President/CEO's compensation to the Board. It also monitors the compensation of the Vice Presidents to assure compliance with the approved program. The Compensation Committee reports its recommendations to the Board for approval in executive session. Deliberations and recommendations are documented in writing. The Executive Compensation Policy and Program were followed in setting the compensation for the President/CEO and Vice Presidents. Form 990, Part VI, Section C, line 19 How Documents Are Made Available to the Public Governance documents are available to the public as follows: the Annual Report, Audited Financial Statements, and Forms 990 are on the organization's website; the Articles of Organization, By-laws, Code of Ethics, and Conflict/Disclosure of Interest Policy are available on request, as indicated on the website. HFY LLC 1010 Harrison Avenue Boston MA 02119 042106765 Youth Program MA 17063 232391 Goodwill Goodwill Headquarters Inc 1010 Harrison Avenue Boston MA 02119 272523596 Support MA 501(c)(3) Line 12a, I MMGI 1 Split Interest Trust MA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0