2025-10-30T13:45:32-05:00 2024-12-31 SORREN INC 102 N CASCADE AVENUE SUITE 400 COLORADO SPRINGS CO 80903 990 2024-01-01 840513404 Goodwill of Colorado % GOODWILL OF COLORADO GOOD 7196354483 1460 Garden of the Gods Road Colorado Springs CO 80907 Tom Wildenberg CFO 7196354483 2025-11-17 true true DOREEN B MERZ P00841439 7196301186 2024 2025-03-06 01:10:19Z Tom Wildenberg 1460 Garden of the Gods Road Colorado Springs CO 80907 313872538 false X www.goodwillcolorado.org X 1961 CO GOODWILL OF COLORADO IS ONE PART OF THREE CONSOLIDATED ENTITIES (FOUNDATION & GOODWILL INDUSTRIAL SERVICES CORP.) DEDICATED TO HELPING ELEVATE THE LIVES OF INDIVIDUALS 35 33 6108 5270 0 87853030 91290147 22049257 25993209 3675757 4715779 59878515 61440790 173456559 183439925 0 0 0 0 101579449 106401596 0 0 0 55001342 56053329 156580791 162454925 16875768 20985000 261712899 283455355 86502694 87252416 175210205 196202939 X GOODWILL OF COLORADO ACCOMPLISHES ITS LIFE-CHANGING MISSION THROUGH MANY DIVERSE AND INNOVATIVE EMPLOYMENT AND LIFE SKILLS PROGRAMS THAT FOSTER CONFIDENCE AND OPPORTUNITY FOR INDIVIDUALS WITH ECONOMIC AND DEVELOPMENT CHALLENGES THAT KEEP THEM FROM LEADING INDEPENDENT AND ENGAGED LIVES. false false 125162366 65528932 IN 2024, GOODWILL OF COLORADO OPERATED 54 RETAIL AND DONATION CENTERS. GOODWILL OF COLORADO EMPLOYS 2,200 TEAM MEMBERS IN OUR RETAIL OPERATIONS, 65% OF WHOM HAVE SIGNIFICANT OBSTACLES TO EMPLOYMENT, SUCH AS BEING UNHOUSED, ADDICTION, A DISABILITY, OR JUSTICE INVOLVEMENT. WE PROVIDE FOUNDATIONAL JOBS AND TRAIN THOSE EMPLOYEES IN SOFT JOB SKILLS AS WELL AS RETAIL, TRANSPORTATION, AND LOGISTIC KNOWLEDGE. GOODWILL OF COLORADO'S OPERATIONS & SALES DIVISION ALSO RECEIVED, RECYCLED AND REPURPOSED 228 MILLION POUNDS OF MATERIAL DONATIONS TO PRESERVE OUR ENVIRONMENT AND GROW OUR ECONOMY, RECYCLED 471 TONS OF ENVIRONMENTALLY HAZARDOUS COMPUTERS/COMPONENTS, AND ISSUED 9,000 EMERGENCY CLOTHING VOUCHERS TO FAMILIES IN NEED. 19903987 2761646 IN 2024, GOODWILL OF COLORADO, IN PARTNERSHIP WITH GOODWILL INDUSTRIAL SERVICES CORPORATION (EIN#84-1273701), PROVIDED MEANINGFUL AND GAINFUL EMPLOYMENT TO OVER 200 INDIVIDUALS WITH DEVELOPMENTAL AND ECONOMIC CHALLENGES THROUGH ITS SELF-SUSTAINING BUSINESS ENTERPRISES COMPRISED OF LAUNDRY, JANITORIAL, AND FLEET MAINTENANCE SERVICES. GOODWILL OF COLORADO AND GOODWILL INDUSTRIAL SERVICES CORPORATION (EIN#84-1273701) CUSTOMERS INCLUDED MILITARY BASES, GOVERNMENT FACILITIES, HOSPITALITY ORGANIZATIONS, HEALTH CARE AGENCIES, EDUCATIONAL INSTITUTIONS, AND PRIVATE BUSINESSES. TOGETHER, THESE TWO ORGANIZATIONS ENSURE THESE EMPLOYEES RECEIVE SUSTAINED EMPLOYMENT, JOB TRAINING AND SUPPORT TO ENSURE THEIR VOCATIONAL AND PERSON SUCCESS. 2239413 18939328 IN 2024, GOODWILL OF COLORADO'S CAREER DEVELOPMENT ACTIVITES PROVIDED JOB TRAINING AND CAREER SERVICES FOR UN-OR-UNDER EMPLOYED INDIVIDUALS THROUGHOUT THE COMMUNITY. THESE SERVICES INCLUDED JOB PREPARATION COURSES, WORK EXPERIENCE PROGRAMS AND PROFESSIONAL CERTIFICATION COURSES DIRECTED AT MAKING CAREER-CHALLENGED INDIVIDUALS' JOB-READY. IN PARTNERSHIP WITH COMMUNITY PARTNERS, GOODWILL OF COLORADO PLACED JOB SEEKERS INTO EMPLOYMENT WITH NET ANNUAL IMPACT OF $33.5 MILLION AND OVERALL ECONOMIC IMPACT TOTALING $291 MILLION. 147305766 true true false true false false false false true true true false false true true true false true false false false false false false false false false false false true true false false false false false false false false true true true false false false false true true true false false true 142 0 6108 true false false false false false true true false false false false false false X 35 33 false false false false false false false true true false false true true true true true true true true false CO X X GOODWILL OF COLORADO 7196354483 1460 GARDEN OF THE GODS RD Colorado Springs CO 80907 Karla Grazier President/CEO 38.0 2.0 X X 641384 0 44349 Tim Cooper COO - Chief Oper. Officer 40.0 0.0 X 274385 0 41233 Thomas Wildenberg CFO 38.0 2.0 X 257087 0 25008 Gary Smith CMO 39.0 1.0 X 217156 0 11540 Alison McGilchrist VP Marketing and Development 40.0 0.0 X 203077 0 22427 Sara Agre VP-Strategic Planning 40.0 0.0 X 183847 0 22599 Shery Richer Director III, Retail Op 40.0 0.0 X 174849 0 22616 Heather Berens Director II, Finance 40.0 0.0 X 142385 0 17588 Erica Skolasinski Director III, Workforce Dev/Co 40.0 0.0 X 139006 0 7476 Jill Alderton Director III, Human Resources 40.0 0.0 X 136305 0 7630 Shawn Davis Director II, IT 40.0 0.0 X 133098 0 7154 Chris Gaskill Co-Chair 1.0 1.0 X X 0 0 0 Victoria Lovato Immediate Past Co-Chair 1.0 0.0 X 0 0 0 Virginia Ginna Morgan Co-Chair 1.0 1.0 X X 0 0 0 Kevin Hall Treasurer 1.0 0.0 X X 0 0 0 Carmon Hicks Secretary 1.0 0.0 X X 0 0 0 Peter Maiurro Foundation Board Chair 1.0 1.0 X 0 0 0 Matt Gendron Immediate Past Co-Chair 1.0 0.0 X 0 0 0 Sharon Linhart Vice Chair 1.0 1.0 X X 0 0 0 Jennifer Wozniak Director 1.0 0.0 X 0 0 0 Grace Harrison Director 1.0 0.0 X 0 0 0 Patricia Cone Director 1.0 0.0 X 0 0 0 Scot Cuthbertson Director 1.0 0.0 X 0 0 0 Phil DeVries Director 1.0 0.0 X 0 0 0 David Ettenger Director 1.0 0.0 X 0 0 0 Rosie Golebiewski Director 1.0 0.0 X 0 0 0 Peggy Gardner Director 1.0 0.0 X 0 0 0 Brandon Johnson Director 1.0 0.0 X 0 0 0 Lt Gen Ret Michael Gould Director 1.0 0.0 X 0 0 0 Deborah Hendrix Director 1.0 0.0 X 0 0 0 Mathew Hiner Director 1.0 0.0 X 0 0 0 Dr Johnny Johnson Director 1.0 0.0 X 0 0 0 Martha Marzolf Director 1.0 0.0 X 0 0 0 Daniel May Director 1.0 0.0 X 0 0 0 Chris Odell Director 1.0 0.0 X 0 0 0 Tim Powers Director 1.0 0.0 X 0 0 0 Diane E Reeder Director 1.0 0.0 X 0 0 0 Todd Reynolds Director 1.0 0.0 X 0 0 0 Steve Roush Director 1.0 0.0 X 0 0 0 Lisa Rutherford Director 1.0 0.0 X 0 0 0 Jim Spittler Director 1.0 0.0 X 0 0 0 Alan Steiner Director 1.0 0.0 X 0 0 0 Jonathan Tee Director 1.0 0.0 X 0 0 0 Wendel Torres Director 1.0 0.0 X 0 0 0 Gary Winegar Director 1.0 0.0 X 0 0 0 2502579 0 229620 25 false true false 0 4499152 86790995 86790995 91290147 REHABILITATION FEES 900099 18810915 18810915 CONTRACT INCOME 900099 2761646 2761646 TRANSPORTATION REVENUE 900099 4420648 4420648 25993209 4819179 4819179 0 0 402835 198742 204093 0 204093 204093 41911908 4730 41911908 108130 -103400 -103400 -103400 0 0 0 0 0 0 149322117 88213833 61108284 61108284 OTHER REVENUE 900099 128413 128413 128413 183439925 87229906 4919872 0 0 0 0 1944090 1751219 192871 48316 43165 5151 88465954 79358718 9107236 1516777 1260840 255937 5298692 4592188 706504 9127767 8388402 739365 0 102472 47244 55228 78902 78902 48034 26000 22034 0 0 3058141 2563564 494577 1881933 1345370 536563 16702748 14913431 1789317 0 0 17544642 17544642 2896081 2644697 251384 0 468092 338324 129768 819345 819345 0 5404366 5190315 214051 2462728 2385910 76818 TRASH REMOVAL 1813600 1811427 2173 TAXES, LICENSES, & PERMITS 1007946 1002941 5005 MISC. EXPENSE 835766 678700 157066 BAD DEBT EXPENSE 450249 450249 478284 149075 329209 162454925 147305766 15149159 0 558137 2940650 74926798 60666835 0 0 4188914 5501279 0 0 0 0 0 0 10387693 9887243 2460755 2535129 156341153 43910571 100233160 112430582 27889412 50078276 0 0 0 0 0 0 41068030 39415361 261712899 283455355 17682977 17191568 0 0 0 678783 30991781 29742787 37956 37956 0 0 37789980 39293322 0 0 0 308000 86502694 87252416 X 174811291 193735582 398914 2467357 175210205 196202939 261712899 283455355 20985000 7734 X X false true X true true true X 68421414 91898994 92010439 87853030 91290147 431474024 112866740 149801003 159897653 167887611 175315326 765768333 0 0 0 181288154 241699997 251908092 255740641 266605473 1197242357 0 0 0 1197242357 380112 400489 1220567 4226011 5222014 11449193 0 380112 400489 1220567 4226011 5222014 11449193 0 5697 2164 98957 128413 235231 181668266 242106183 253130823 260065609 271955900 1208926781 0.99033 0.99392 0.00947 0.00594 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 52767 52767 162402158 162454925 1000000 250000 1000000 1000000 1000000 1000000 4000000 6000000 24000 80000 120000 52767 276767 250000 250000 250000 250000 1000000 1500000 0 0 0 0 false true X 16861571 2235 2338165 19201971 11934462 2588764 2338345 16861571 14329593 -2395131 11934462 12647289 1682038 14329327 10865143 1782146 12647289 0.73200 0.06980 0.19820 true true true 38304764 38304764 90483782 33248037 57235745 17514598 10662534 6852064 10038009 10038009 112430582 DEPOSITS 171120 DUE FROM AFFILIATES 2440611 RIGHT OF USE ASSETS - LEASED 36803630 39415361 0 DUE TO AFFILIATES 308000 308000 X 183196154 7736 198742 206478 182989676 450249 450249 183439925 162203420 198744 198744 162004676 450249 450249 162454925 schedule d, Part IV, Line 2b CUSTODIAL LIABILITY: DEPOSITS FROM TENANTS. schedule d, Part V, Line 4 Intended uses of endowment funds: To fund programs and services which meet the needs of persons with disabilities and economic challenges, and to provide educational assistance for goodwill program participants and goodwill employees. Schedule D, Part X, Line 2 Goodwill, GISC and the Foundation are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. In addition, these entities qualify for the charitable contribution deduction under Section 170(b)(1)(A) and have been classified as organizations that are not private foundations under Section 509(a)(2). The Organization believes that it does not have any uncertain tax positions that are material to the financial statements. Schedule d, Part XI, Line 2d Other: $198,742. RENTAL EXPENSES REPORTED WITHIN AUDITED FINANCIAL STATEMENTS AS EXPENSE, RECLASSIFIED TO REVENUE FOR THE TAX RETURN. Schedule D, Part XI, Line 4B Other: $450,249; Bad Debt Reported within audited financial statements as revenue, reclassified to expense for the tax return. Schedule D, Part XII, Line 2d Other: $198,744. RENTAL EXPENSES REPORTED WITHIN AUDITED FINANCIAL STATEMENTS AS EXPENSE, RECLASSIFIED TO REVENUE FOR THE TAX RETURN, $2 FOR ROUNDING. Schedule D, Part XII, Line 4B Other: $450,249; Bad Debt Reported within audited financial statements as revenue, reclassified to expense for the tax return. X true true X X X X X false false false false false true false false false Karla Grazier President/CEO 421884 207500 12000 27092 17257 685733 Alison McGilchrist VP Marketing and Development 189077 14000 9862 12565 225504 Gary Smith CMO 197156 20000 10734 806 228696 Heather Berens Director II, Finance 136385 6000 7077 10511 159973 Shery Richer Director III, Retail Op 150849 24000 8351 14265 197465 Tim Cooper COO - Chief Oper. Officer 238385 30000 6000 13285 27948 315618 Thomas Wildenberg CFO 232087 25000 7777 17231 282095 Sara Agre VP-Strategic Planning 169847 14000 4515 18084 206446 Schedule J, part I, line 6a Goodwill of Colorado managers are eligible for bonus compensation when they meet or exceed budgeted net earnings and corporate operating goals. SCH J, PART II, LINE 1(B)(III) OTHER REPORTABLE COMPENSATION CONSISTS OF $12,000 AUTO ALLOWANCE. Sch J, Part II, Line 6(B)(III) OTHER REPORTABLE COMPENSATION CONSISTS OF $6,000 AUTO ALLOWANCE. A Colorado Health Facilities Authority 846007781 2019-12-19 28700000 Refunding & Improvement false false false B Colorado Housing and Finance Authority 840676451 2017-07-01 4000000 Durango Building and Land false false false C COLORADO HOUSING AND fINANCE AUTHORITY 840676451 2022-07-29 2000000 woodland park building and land false false false A 3574523 0 28700000 0 0 0 105244 0 0 28568168 0 0 2023 true true true true B 987086 0 4000000 0 0 0 30855 0 0 3946705 0 0 2018 false false true true C 292219 0 2000000 0 0 0 24321 0 0 2000000 0 0 2022 false false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true A false true false false false 0 false 0 false false B false false true false false 0 false 0 false false C false false true false false 0 false 0 false false A true B true C true Garden of the Gods Club See Part V 157000 see part v, rent paid false Courtney Wildenberg see Part V 48316 See Part V employee false Business Transactions involving interested persons: Line 1: (A) GARDEN OF THE GODS club (B) a BOARD MEMBER of goodwill of colorado foundation IS a CO-OWNER greater than 35% OF the GARDEN OF THE GODS CLUb. (C) AMOUNT OF TRANSACTION $157,000 (D) Payment for Food and Catering Services related to 3 day fundraising event. Line 2: (A) Courtney Wildenberg (B) Courtney Wildenbergy is related to an individual who is an officer- employee of Goodwill of Colorado, and A board MEMBER OF GOODWILL INDUSTRIAL SERVICES CORPORATION. (C) Amount of transaction: $48,316. (D) Courtney Wildenberg employment wages. X 86790995 Selling Price 0 false true true SCHEDULE M PART I LINE 32A NATIONAL CHARITY SERVICES IS USED TO SOLICIT, PROCESS, AND SELL AUTO DONATIONS. form 990, PART I, LINE 1 GOODWILL OF COLORADO IS ONE PART OF THREE CONSOLIDATED ENTITIES (FOUNDATION & GOODWILL INDUSTRIAL SERVICES CORPORATION) DEDICATED TO HELPING ELEVATE THE LIVES OF INDIVIDUALS IN COLORADO COMMUNITIES THROUGH EDUCATION, TRAINING AND JOB PLACEMENT. OVER THE LAST DECADE GOODWILL OF COLORADO HAS EMPOWERED MORE THAN 1 MILLION COLORADANS TO LIVE WITH GREATER INDEPENDENCE AND RECEIVED, RECYCLED, OR REPURPOSED NEARLY 1.6 BILLION POUNDS OF DONATED ITEMS. IN 2024, GOODWILL OF COLORADO PROVIDED LIFE-CHANGING PROGRAMS AND SERVICES TO OVER 143 THOUSAND COLORADANS IN 63 OUT OF 64 COLORADO COUNTIES WITH ECONOMIC, DEVELOPMENT AND SOCIAL CHALLENGES. form 990, Part VI, Section B, Line 11b POLICIES THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. PRIOR TO THE FORM BEING FILED, THE CFO AND DIRECTOR OF FINANCE COMPLETE AN EXTENSIVE REVIEW AND THE FINAL VERSION IS REVIEWED BY THE GOODWILL OF COLORADO FINANCE COMMITTEE. THE 990 IS THEN PROVIDED TO THE FULL BOARD AT THEIR NEXT REGULARLY SCHEDULED MEETING AT WHICH TIME THE 990 IS REVIEWED AND SUBMITTED FOR APPROVAL BY THE BOARD. form 990, Part VI, Section B, Line 12c POLICIES EACH BOARD MEMBER IS PRESENDED WITH THE CONFLICT OF INTEREST POLICY AND ASKED TO SIGN ANNUALLY. SHOULD THERE BE ANY ISSUE OF CONFLICT OR A POTENTIONAL CONFLICT, THE BOARD MEMBER DISCLOSES AND REFRAINS FROM VOTING. form 990, Part VI, Section B, Line 15 a & B POLICIES COMPENSATION AND REVIEW OF THE CEO ARE DETERMINED BY THE COMPENSATION COMMITTEE, WHICH IS COMPRISED OF THE PAST, PRESENT AND CHAIR-ELECT OF THE BOARD OF DIRECTORS. DOCUMENTS USED FOR THE REVIEW INCLUDE: A QUESTIONNAIRE SUBMITTED TO ALL BOARD MEMBERS REVIEWING ORGANIZATIONAL RESULTS, CEO INTERACTIONS WITH THE BOARD, CEO REPRESENTATION IN THE COMMUNITY AND CEO'S PERFORMANCE AGAINST STRATEGIC, OPERATING, AND BUDGETARY GOALS. THE COMMITTEE THEN REVIEWS SALARY SURVEYS FROM MOUNTAIN STATES EMPLOYERS' COUNCIL (EXECUTIVE COMPENSATION SURVEY AND NON-PROFIT INDUSTRY COMPENSATION SURVEY), THE GOODWILL INDUSTRIES INTERNATIONAL CEO COMPENSATION REPORT AND RELEVANT 990S FROM OTHER NON-PROFITS IN THE FRONT RANGE COMMUNITY. CONSIDERATION IS GIVEN TO BOTH INTERNAL SALARY RANGE AND THE EXTERNAL SURVEYS, AND A RECOMMENDATION IS PRESENTED TO THE RISK AND COMPLIANCE COMMITTEE FOR REVIEW AND COMMENT, THEN THE COMPENSATION COMMITTEE TAKE THE RECOMMENDATION TO THE BOARD FOR APPROVAL. THE PROCESS ALSO INVOLVES REVIEW OF EXTERNAL MARKET DATA FOR CEO DIRECT REPORTS (MOUNTAIN STATE EMPLOYERERS COUNCIL, THE GOODWILL INDUSTRIAL INTERNATIONAL "DIRECT REPORTS TO THE CEO" SURVEY AND RELEVANT 990S FROM OTHER NON-PROFITS IN THE FRONT RANGE COMMUNITY) AND THE INTERNAL SALARY RANGE. form 990, Part VI, Section C, Line 19 THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTS INCLUDING ITS CONFLICT-OF-INTEREST POLICY, WHEN REQUESTED IN WRITING OR IN PERSON. form 990, Part VIII, IX, X Supplemental GOODWILL OF COLORADO is one entity in a consolidated group of entities that together comprise the activities of Goodwill of Colorado. Summarized information is below: Net Assets: Goodwill 196,202,939 Goodwill Industrial Services 7,377,729 Goodwill Foundation 22,638,468 ------------------------------------------------------ Total 226,219,136 form 990, Part IX, Line 25 GOODWILL OF COLORADO is part of a consolidated entity reporting on separate 990s. As such, certain functions and the related expenses are reported in a separate entity. Please see GOODWILL INDUSTRIAL SERVICES CORPORATION and GOODWILL OF COLORADO FOUNDATION for additional information. Form 990, Part XII, Line 2c selection of independent auditor and review of audited financial statements: Oversight process has not changed. Goodwill Industrial Services Corporation 1460 Garden of the Gods Road Colorado Springs CO 80907 841273701 See Part VII CO 501(C)3 Line 9 See Part VII true GOODWILL OF COLORADO FOUNDATION 1460 Garden of the Gods Road Colorado Springs CO 80907 841488592 See Part VII CO 501(C)3 Line 11B,II See Part VII true GOODWILLFINDS ECOMMERCE INC 221 west 9th street ste 135 WILMINGTOn DE 19801 871302020 ecommerce DE 501(c(3) 12(a) See Part VII false false false true true false false false false false false false false true true true true true true true GOODWILL OF COLORADO FOUNDATION c 4499152 cash transfer GOODWILL OF COLORADO FOUNDATION R 284264 cash transfer GOODWILL OF COLORADO FOUNDATION Q 756332 cash transfer GOODWILL Industrial Services Corporation R 1435631 cash transfer Goodwill Industrial Services Corporation P 2392150 cash transfer Goodwill Industrial Services Corporation Q 248323 cash transfer Goodwill Industrial Services Corporation S 540780 cash transfer Goodwill Industrial Services Corporation O 60847 cash transfer Goodwill Industrial Services Corporation D 2440230 YE Balance schedule r, Part II, Column B Goodwill Industrial Services Corporation Primary activity: Assist individuals with disabilities and economic challenges. GOODWILL OF COLORADO FOUNDATION Primary Activity: Support services and programs of Goodwill of Colorado and Goodwill Industrial Services Corp schedule r, Part II, Column F Goodwill Industrial Services Corporation Direct Controlling Entity: Goodwill of Colorado GOODWILL OF COLORADO FOUNDATION Direct Controlling Entity: Goodwill of Colorado GoodwillFinds Ecommerce, Inc. is controlled by a membership class comprised of Goodwill member entities. Additionally, Goodwill Members who are debt holders of loans made to GoodwillFinds, have additional votes as debt holders. As of December 31, 2024, Goodwill of Colorado was a member of Goodwillfinds ecommerce and also a debt holding member.