2026-06-25T06:13:39-05:00 2025-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2025-01-01 392040239 GOODWILL RETAIL SERVICES INC GOOD 4148474200 6055 N 91ST STREET MILWAUKEE WI 53225 JEFFREY DOCALAVICH CFO 4148474200 2026-06-22 1 BRIDGET ROCHE P00666837 3128560200 2026-06-22 2025 2025-03-06 01:10:19Z JEFFREY DOCALAVICH 6055 N 91ST STREET MILWAUKEE WI 53225 392270904 0 X WWW.GOODWILLGREATERMC.ORG X 2001 WI CONNECTING PEOPLE TO WORK. PREPARING PEOPLE FOR LIFE. 4 4 6999 4 0 0 156716569 167558407 0 0 16527 24272 46757174 57016126 203490270 224598805 19503072 24462144 0 0 98257790 105937263 0 0 0 88015104 97302801 205775966 227702208 -2285696 -3103403 154085956 148690582 111890464 109595108 42195492 39095474 X GOODWILL RETAIL SERVICES, INC. ("GOODWILL RETAIL") IS A NONSTOCK, NOT-FOR-PROFIT WISCONSIN CORPORATION, WHOSE SOLE MEMBER IS GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. ("GOODWILL"), A WISCONSIN NONSTOCK, NOT-FOR-PROFIT CORPORATION WITH (CONTINUED ON SCHEDULE O) 0 0 24462144 24462144 GOODWILL RETAIL SERVICES, INC. ("GOODWILL RETAIL") PROVIDES A SOURCE OF INCOME TO PROMOTE THE CHARITABLE MISSION OF ITS PARENT CORPORATION, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC., INCLUDING THAT ORGANIZATION'S NUMEROUS PROGRAMS FOR PROVIDING TRAINING, EMPLOYMENT, AND SUPPORTIVE SERVICES FOR INDIVIDUALS WITH DISABILITIES OR DISADVANTAGES. GOODWILL RETAIL OPERATED 76 STORES AND DONATION CENTERS DURING 2025, PROVIDING EMPLOYMENT OPPORTUNITIES AND REVENUE TO FURTHER GOODWILL'S MISSION. GOODWILL RETAIL PROVIDES WORK OPPORTUNITIES FOR LOCAL RESIDENTS, MANY OF WHOM HAVE BARRIERS TO EMPLOYMENT. AT THE END OF 2025, 5,290 PEOPLE WERE EMPLOYED. (CONTINUED ON SCHEDULE O) 24462144 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 86 0 1 6999 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 4 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IL WI X X CJ WANG 4148474200 6055 N 91ST STREET MILWAUKEE WI 53225 ROBERT KLUG CHAIR 1.00 3.00 X X 0 0 0 THOMAS SAVAGE SECRETARY 1.00 3.00 X X 0 0 0 JAMES BORRIS TREASURER - AS OF 02/25 1.00 4.00 X X 0 0 0 TIMOTHY MATTKE TREASURER - THRU 02/25 1.00 4.00 X X 0 0 0 JACQUELINE BOWLES DIRECTOR 1.00 2.00 X 0 0 0 DAVID MARCUS EX OFFICIO DIRECTOR - AS OF 02/25 1.00 3.00 X 0 0 0 JACQUELINE HALLBERG PRESIDENT & CEO 8.00 44.00 X 0 849830 400215 JEFFREY DOCALAVICH ASST. TREASURER 8.00 44.00 X 0 525572 252298 SCOTT DEXTER CHIEF RETAIL OFFICER 40.00 0.00 X 423679 0 232844 DAN MICHAEL VICE PRESIDENT 40.00 0.00 X 316596 0 162133 JASON BURNS VICE PRESIDENT 40.00 0.00 X 290517 0 138011 SHAWN MCCOURT VICE PRESIDENT 40.00 0.00 X 285850 0 132961 JULIE DEMING DIRECTOR INVENTORY 40.00 0.00 X 178622 0 144855 JAMES TIPTON DIRECTOR STORES 40.00 0.00 X 167770 0 72343 BASIL BUCHKO FORMER ASST. SECRETARY 0.00 0.00 X 0 170000 0 1663034 1545402 1535660 22 1 1 0 OTT DEVELOPMENT LLC N27 W23588 PAUL RD STE 100 PEWAUKEE WI 53072 CONSTRUCTION SERVICES 4626059 RYDER TRANSPORTATION SOLUTIONS LLC PO BOX 209022 DALLAS TX 75320 TRUCKING SERVICES 1468674 ONE STOP MAILING (DBA OSM WORLDWIDE) 601 REGENCY DR GLENDALE HEIGHTS IL 60139 SHIPPING SERVICES 1155932 FEDERAL EXPRESS CORP PO BOX 94515 PALATINE IL 600944515 SHIPPING FOR ECOMMERCE 1081737 MARTIN PETERSON CO INC 9800 55TH STREET KENOSHA WI 53144 MECHANICAL CONTRACTING SERVICES 535778 44 167558407 166302433 167558407 6230 6230 68150 50108 18042 18042 18042 220800796 167621991 53178805 53178805 ECOMMERCE SHIPPING 900099 3560192 3560192 MISCELLANEOUS INCOME 900099 244602 244602 VENDING SERVICE 900099 32527 32527 3837321 224598805 0 0 57040398 24462144 24462144 642363 642363 87262015 87262015 3249462 3249462 7993826 7993826 6789597 6789597 5000 5000 13174495 13174495 7208 7208 7521399 7521399 529919 529919 33306425 33306425 1679394 1679394 90039 90039 102 102 12171247 12171247 1150306 1150306 ALLOCATED MANAGEMENT 27667267 27667267 227702208 24462144 203240064 0 0 0 7168589 5526775 0 0 1682364 1170269 0 0 0 0 0 0 11732851 12086558 423722 613895 126266875 83972841 41167311 42294034 0 0 0 0 0 0 0 0 91911119 86999051 154085956 148690582 11056182 13448895 0 0 0 5919 0 0 0 0 0 0 0 0 0 0 100834282 96140294 111890464 109595108 X 42195492 39095474 42195492 39095474 154085956 148690582 X -3103403 3385 X 0 1 X 1 0 X X 1 GOODWILL INDUSTRIES OF SE WI INC 390808491 7 1 24462144 0 1 24462144 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 70026967 44442521 25584446 52685511 36637705 16047806 3554397 2892615 661782 42294034 ROU ASSETS 86999051 86999051 OPERATING LEASE LIABILITY 93479209 DUE TO AFFILIATED GOODWILLS 2661085 96140294 X 392224181 167625376 167625376 224598805 0 224598805 395324199 167621991 167621991 227702208 0 227702208 PART X, LINE 2: GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC., GOODWILL INDUSTRIES OF METROPOLITAN CHICAGO, INC., GOODWILL RETAIL SERVICES, INC. AND GOODWILL MANUFACTURING, INC. HAVE RECEIVED DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE ("IRS") INDICATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GOODWILL TALENTBRIDGE, LLC HAS BEEN ORGANIZED AS A LIMITED LIABILITY COMPANY AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. ALL INCOME TAX ATTRIBUTES OF THE ENTITY ARE PASSED THROUGH TO ITS SOLE MEMBER, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. THE ENTITY IS INCLUDED IN THE CONSOLIDATED INFORMATION RETURN FILED BY GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. GOODWILL FOLLOWS AUTHORITATIVE ACCOUNTING GUIDANCE RELATED TO THE UNCERTAINTY OF INCOME TAX POSITIONS. GOODWILL RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. AS OF DECEMBER 31, 2025 AND 2024, GOODWILL DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITIONS. GOODWILL FILES INFORMATION RETURNS IN THE U.S. FEDERAL AND THE STATES OF WISCONSIN AND ILLINOIS JURISDICTIONS. TAX YEARS OPEN UNDER THE FEDERAL STATUTE OF LIMITATIONS INCLUDE 2022 THROUGH 2025. TAX YEARS OPEN UNDER THE STATE OF WISCONSIN AND STATE OF ILLINOIS STATUTES INCLUDE 2021 THROUGH 2025. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON REVENUE STATEMENT 167,621,991. ASSET RECOVERY 3,385. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED ON REVENUE STATEMENT 167,621,991. 1 GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN INC 6055 N 91ST STREET MILWAUKEE WI 53225 390808491 501(C)(3) 24462144 0 GRANT - SEE FORM 990, PART III, LINE 4A 1 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. GOODWILL RETAIL SERVICES, INC. IS A SUPPORTING ORGANIZATION OF GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND ALL GRANTS ARE MONITORED BY MANAGEMENT. 0 1 0 1 1 1 1 0 0 JACQUELINE HALLBERG PRESIDENT & CEO 0 586537 0 108958 0 154335 0 390108 0 10107 0 1250045 0 108958 JEFFREY DOCALAVICH ASST. TREASURER 0 389805 0 62764 0 73003 0 238281 0 14017 0 777870 0 62764 SCOTT DEXTER CHIEF RETAIL OFFICER 331680 0 14160 0 77839 0 206813 0 26031 0 656523 0 14160 0 DAN MICHAEL VICE PRESIDENT 247973 0 8646 0 59977 0 136271 0 25862 0 478729 0 8646 0 JASON BURNS VICE PRESIDENT 237650 0 8786 0 44081 0 135891 0 2120 0 428528 0 8786 0 SHAWN MCCOURT VICE PRESIDENT 225245 0 7724 0 52881 0 123825 0 9136 0 418811 0 7724 0 JULIE DEMING DIRECTOR INVENTORY 155679 0 2926 0 20017 0 127672 0 17183 0 323477 0 0 0 JAMES TIPTON DIRECTOR STORES 144849 0 2769 0 20152 0 47207 0 25136 0 240113 0 0 0 BASIL BUCHKO FORMER ASST. SECRETARY 0 0 0 0 0 170000 0 0 0 0 0 170000 0 0 PART I, LINE 3: COMPENSATION DETERMINATION GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES' ("GOODWILL") COMPENSATION PACKAGE INCLUDES A SALARY, DEFINED CONTRIBUTION PLAN AND HEALTH AND WELFARE BENEFITS. GOODWILL ENGAGED AN INDEPENDENT FIRM TO ASSESS REASONABLENESS OF ITS COMPENSATION PACKAGE FOR TOP MANAGEMENT POSITIONS. THE FIRM ASSESSED COMPENSATION USING SURVEY DATA REPRESENTING SIMILAR POSITIONS BASED ON INDUSTRY, REVENUE, NUMBER OF EMPLOYEES AND OTHER PEER GROUP DATA. THE REPORT WAS REVIEWED BY THE HUMAN RESOURCES AND COMPENSATION COMMITTEE ("COMMITTEE") OF THE BOARD OF DIRECTORS AND COMPENSATION FOR GOODWILL'S TOP MANAGEMENT POSITIONS APPROVED BY A COMMITTEE VOTE ON NOVEMBER 6, 2024. PART 1, LINE 4B: SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN EACH OF THE INDIVIDUALS LISTED BELOW HAD CONTRIBUTIONS OF THE AMOUNTS INDICATED BELOW INTO THEIR 457(F) PLAN IN CALENDAR YEAR 2025 WHICH IS REPORTED IN SCHEDULE J, PART II, COLUMN (C). JACQUELINE HALLBERG - $14,222 SCOTT DEXTER - $13,317 JASON BURNS - $23,500 SHAWN MCCOURT - $3,580 PART I, LINES 5A - B AND 6A - B: LEADERSHIP INCENTIVE PLAN GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES ("GOODWILL") PROVIDES AN INCENTIVE PLAN FOR CERTAIN MANAGEMENT PERSONNEL. THE PURPOSE OF GOODWILL'S LEADERSHIP INCENTIVE PLAN ("PLAN") IS TO MOTIVATE EXECUTIVES TO ACHIEVE MISSION-RELATED OBJECTIVES AND TO PRODUCE MEASURABLE FINANCIAL RESULTS, WHICH WILL ENHANCE GOODWILL'S LONG-TERM VALUE TO THE COMMUNITIES SERVED AND WILL PROMOTE THE FINANCIAL SECURITY AND STABILITY OF THE ORGANIZATION. THE PLAN INCLUDES FINANCIAL PERFORMANCE GOALS BASED ON REVENUE AND NET INCOME AND A MISSION-RELATED GOAL. THE PLAN IS ADMINISTERED BY GOODWILL'S PRESIDENT WITH REVIEW AND APPROVAL BY THE HUMAN RESOURCE AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. X 334686 NET SELLING PRICE X 165577612 NET SELLING PRICE X 20 33607 NET SELLING PRICE X OTHER 11785134 356528 0 0 1 1 PART I, COLUMN (B): NON-CASH CONTRIBUTIONS THE AMOUNT LISTED IN COLUMN B IS AN ESTIMATED NUMBER OR ITEMS CONTRIBUTED AS DETERMINED BY AVERAGE SALES DOLLAR ANALYSIS. SCHEDULE M, PART I, LINE 32B: USE OF THIRD PARTIES TO SOLICIT, PROCESS OR SELL NON-CASH CONTRIBUTIONS GOODWILL RETAIL SERVICES, INC. USES A THIRD PARTY TO ASSIST WITH THE COLLECTION AND SALE OF USED VEHICLES. FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION WITH 501(C)(3) STATUS. GOODWILL RETAIL SHARES THE MISSION OF ITS PARENT COMPANY, WHICH IS: CONNECTING PEOPLE TO WORK. PREPARING PEOPLE FOR LIFE. GOODWILL IS DEDICATED TO CREATING COLLECTIVE COMMUNITY IMPACT THROUGH ITS PURPOSE-DRIVEN PARTNERSHIPS, BUSINESSES AND COMMUNITY ACTION. GOODWILL IS FOCUSED ON STRENGTHENING COMMUNITIES, ELIMINATING BARRIERS TO OPPORTUNITY, HELPING PEOPLE CONNECT TO VALUABLE EMPLOYMENT AND RESOURCES, AND CONTRIBUTING TO A MORE SUSTAINABLE ENVIRONMENT. GOODWILL PURSUES ITS MISSION BY HELPING PEOPLE BUILD JOB AND LIFE SKILLS TO SHAPE A RESILIENT WORKFORCE, PROVIDING PATHWAYS FOR YOUTH AND REMOVING BARRIERS FOR OUR COMMUNITIES. ANCHORED IN WORKFORCE DEVELOPMENT, GOODWILL PROVIDES JOB AND PLACEMENT SUPPORT, ACCESS TO RESOURCES THAT HELP NAVIGATE EMPLOYMENT CHALLENGES AND PREPARATION FOR THE WORKPLACE TO MAINTAIN EMPLOYMENT. GOODWILL ADDRESSES BARRIERS BY PROVIDING COMMUNITY RESOURCES FOR BARRIERS SUCH AS DEPENDENT CARE, TRANSPORTATION, UNEMPLOYMENT, EDUCATION, POVERTY, LANGUAGE, DISABILITY, HOUSING, SKILLS GAPS, RE-ENTRY, AND AGE. AS PART OF BUILDING A PIPELINE FOR THE LOCAL WORKFORCE, GOODWILL IS ALSO HELPING TEENS AND YOUNG ADULTS. BY PROVIDING PROGRAMS AND SERVICES FOR CAREER EXPLORATION AND JOB READINESS TRAINING, MORE TEENS AND YOUNG ADULTS CAN SUSTAIN EMPLOYMENT AND IDENTIFY CAREER ADVANCEMENT OPPORTUNITIES. COMMUNITY-BASED SUPPORT IS PROVIDED TO REMOVE BARRIERS AND BUILD INDEPENDENCE FOR INDIVIDUALS BY SUPPORTING HEALTH, INDEPENDENCE AND ECONOMIC STABILITY FOR MORE SUSTAINABLE AND INDEPENDENT LIVES. SORTED AND PREPARED FOR SALE IN A SMALL STORE NEARBY, GOODWILL HAS OFFERED WHAT ITS FOUNDER DESCRIBED AS "A CHANCE, NOT CHARITY" TO PEOPLE WITH BARRIERS. TO FULFILL ITS PRIMARY PURPOSES OF EMPLOYMENT AND SELF-SUFFICIENCY FOR PEOPLE WITH DISABILITIES OR DISADVANTAGES, GOODWILL TAKES AN ENTREPRENEURIAL APPROACH. OVER THE YEARS, GOODWILL HAS PURSUED A VARIETY OF ENTERPRISES TO HELP PREPARE INDIVIDUALS FOR EMPLOYMENT AND PLACE THEM IN JOBS BOTH IN THE COMMUNITY AND WITHIN GOODWILL'S OWN OPERATIONS. GOODWILL OPERATES STORE AND DONATION CENTERS, OUTLETS, AND ECOMMERCE; PROVIDES FOOD SERVICE SUPPORT AND OTHER SERVICE ACTIVITIES FOR THE UNITED STATES NAVY; AND DELIVERS A WIDE VARIETY OF SOCIAL SERVICES, INCLUDING VOCATIONAL TRAINING, EMPLOYMENT SERVICES, SUPPORTED EMPLOYMENT, AND ADULT DAY SERVICES. FOR MORE THAN 105 YEARS, GOODWILL HAS OPERATED STORE AND DONATION CENTERS TO SUPPORT ITS CHARITABLE MISSION. THE STORE AND DONATION CENTERS SELL DONATED ITEMS THAT GENERATE REVENUE TO PROVIDE JOB TRAINING AND EMPLOYMENT AND TO REMOVE BARRIERS FOR SUSTAINABLE EMPLOYMENT. THE STORE AND DONATION CENTERS SELL PREVIOUSLY-OWNED DONATED GOODS LIKE CLOTHING AND HOUSEHOLD ITEMS. GOODWILL SELLS ITEMS THROUGH MULTIPLE CHANNELS, TO EXTEND THE LIFE OF DONATIONS BY REACHING CONSUMERS BASED ON THEIR SHOPPING PREFERENCES. DONATIONS THAT ARE ELIGIBLE FOR RESALE GO THROUGH MULTIPLE RETAIL CHANNELS INCLUDING OUR STORE AND DONATION CENTERS OR ONLINE. ONCE ITEMS HAVE GONE THROUGH THESE RESALE CHANNELS, THEY CONTINUE THROUGH A CIRCULAR PROCESS BY BEING SENT TO OUR OUTLET STORES, GIVING DONATIONS ANOTHER OPPORTUNITY TO FIND A NEW HOME. AS PART OF ITS STRATEGY TO OPERATE BUSINESSES TO FUND ITS MISSION, GOODWILL OPERATES 73 STORE AND DONATION CENTERS, THREE OUTLETS, AND AN ECOMMERCE OPERATION. WITH LOCATIONS THROUGHOUT ITS TERRITORY, GOODWILL IS ABLE TO PROMOTE TO SHOPPERS AND DONORS AND PROVIDE ITS MISSION TO MORE PEOPLE, IN MORE COMMUNITIES. IN 2025, WE WERE ABLE TO: - REDUCE WASTE BY KEEPING OVER 190.8 MILLION POUNDS OF WASTE OUT OF LANDFILLS - PROVIDE RESOURCES FOR SHOPPERS AND DONORS TO REPURPOSE AND RECYCLE CLOTHING, HOUSEHOLD ITEMS AND OTHER DONATED GOODS BOTH IN-STORE AND ONLINE FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: ALL EMPLOYEES LEARN ABOUT THE RETAIL SERVICES BUSINESS AND RECEIVE JOB TRAINING IN ADDITION TO TRAINING ON TOPICS SUCH AS GOODWILL'S MISSION, CUSTOMER SERVICE, AND SAFETY. GOODWILL STORE & DONATION CENTERS PROVIDE A CONVENIENT PLACE FOR PEOPLE TO DONATE PREVIOUSLY-OWNED GOODS. DURING 2025, GOODWILL RETAIL RECORDED OVER 4.7 MILLION DONOR TRANSACTIONS OF HOUSEHOLD ITEMS FROM INDIVIDUALS IN THE COMMUNITIES SERVED. THOSE DONATED ITEMS ARE PROCESSED BY GOODWILL RETAIL EMPLOYEES AND SOLD TO THE PUBLIC AT AFFORDABLE PRICES IN GOODWILL STORES. IN KEEPING WITH GOODWILL'S RE-USE AND REPURPOSE PHILOSOPHY, GOODWILL RETAIL MAKES AN EFFORT TO MAXIMIZE THE USEFULNESS OF EVERY ITEM DONATED. GOODWILL RETAIL OPERATES OUTLET STORES, WHICH SELL UNSOLD ITEMS FROM STORE AND DONATION CENTERS, GIVING THEM ONE LAST CHANCE FOR THE PUBLIC TO PURCHASE. GOODWILL SELLS ITEMS THROUGH MULTIPLE CHANNELS, TO EXTEND THE LIFE OF DONATIONS BY REACHING CONSUMERS BASED ON THEIR SHOPPING PREFERENCES. DONATIONS THAT ARE ELIGIBLE FOR RESALE GO THROUGH MULTIPLE RETAIL CHANNELS INCLUDING OUR STORE AND DONATION CENTERS OR ONLINE. ONCE ITEMS HAVE GONE THROUGH THESE RESALE CHANNELS, THEY CONTINUE THROUGH A CIRCULAR PROCESS BY BEING SENT TO OUR OUTLET STORES, GIVING DONATIONS ANOTHER OPPORTUNITY TO FIND A NEW HOME. IN 2025, GOODWILL DIVERTED NEARLY 190.8 MILLION POUNDS OF MATERIAL FROM LANDFILLS. GOODWILL RETAIL ACTIVELY PARTICIPATES IN PUBLIC ASSISTANCE PROGRAMS WITH VARIOUS GOVERNMENTAL AND OTHER NOT-FOR-PROFIT ORGANIZATIONS TO DISTRIBUTE DONATED GOODS TO PERSONS IN NEED. THROUGH THE GOODWILL CARES PROGRAM, AT EVERY GOODWILL STORE & DONATION CENTER IN GREATER MILWAUKEE AND CHICAGO, PEOPLE IN NEED CAN EXCHANGE VOUCHERS FOR USEFUL MERCHANDISE AT NO COST. IN 2025, GOODWILL RETAIL PARTNERED WITH LOCAL HUMAN SERVICE AGENCIES TO PROVIDE WORK OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES. GOODWILL RETAIL DEMONSTRATES ITS COMMITMENT TO TRAINING AND SUPPORT FOR EMPLOYEE DEVELOPMENT BY PROVIDING FORKLIFT TRAINING TO EMPLOYEES AND A CAREER PATH PROGRAM. THE CAREER PATH PROGRAM HAS A DEFINED AND FOCUSED CAREER DEVELOPMENT TRACK THAT OFFERS EMPLOYEES THE CHANCE TO LEARN, GROW, AND ADVANCE AS RETAIL LEADERS. GOODWILL RETAIL ALSO PROVIDES WORKFORCE DEVELOPMENT AND TRAINING OPPORTUNITIES AS WELL AS SUPPORTIVE SERVICES TO ITS EMPLOYEES, TO HELP THEM NAVIGATE BARRIERS TO THEIR SUCCESS AND CONNECT THEM WITH AVAILABLE COMMUNITY RESOURCES. GOODWILL'S EMPLOYEE EMPOWERMENT NETWORK (EEN) HELPS GOODWILL EMPLOYEES ELIMINATE BARRIERS TO SUCCESSFUL EMPLOYMENT VIA SERVICES SUCH AS GOAL SETTING, PROFESSIONAL LIFE COACHING, OTHER RESOURCES, AND REFERRALS TO FINANCIAL EDUCATION, EMERGENCY HOUSING, TRANSPORTATION, AND ASSISTANCE NAVIGATING BENEFITS. IN 2025, GOODWILL OFFERED PROGRAM SUPPORT TO ALL RETAIL EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS GOODWILL IS THE SOLE CORPORATE MEMBER OF GOODWILL RETAIL. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT GOVERNING BODY GOODWILL IS THE SOLE CORPORATE MEMBER AND IN THIS CAPACITY ELECTS THE BOARD OF DIRECTORS OF GOODWILL RETAIL. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OR STOCKHOLDERS WHO MAY APPROVE DECISIONS GOODWILL IS THE SOLE CORPORATE MEMBER AND IN THIS CAPACITY APPROVES THE ACTIONS OF GOODWILL RETAIL. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW MEMBERS OF THE AUDIT, RISK AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED THE FORM AT ITS JUNE 3, 2026 COMMITTEE MEETING. IN ADDITION, MEMBERS OF THE FULL BOARD WERE PROVIDED WITH AN ELECTRONIC COPY OF THE FORM PRIOR TO FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN CONFLICT OF INTEREST POLICY GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES ("GOODWILL") MAINTAINS A CONFLICT OF INTEREST POLICY ("POLICY"). THE PURPOSE OF THE POLICY IS TO PROTECT GOODWILL'S INTERESTS WHEN CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE FINANCIAL INTEREST OF AN INTERESTED PERSON SUCH AS AN OFFICER, DIRECTOR, OR KEY EMPLOYEE OF GOODWILL. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATED TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER SUCH DISCLOSURE, HE OR SHE SHALL RECUSE HIMSELF OR HERSELF DURING THE DISCUSSION OF, AND THE VOTE ON, THE PROPOSED TRANSACTION, WHETHER THE TRANSACTION REFLECTS FAIR MARKET VALUE, HAS NO BEARING ON THE RELATIONSHIP, AND IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION DETERMINATION GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES' ("GOODWILL") COMPENSATION PACKAGE INCLUDES A SALARY, DEFINED CONTRIBUTION PLAN AND HEALTH AND WELFARE BENEFITS. GOODWILL ENGAGED AN INDEPENDENT FIRM TO ASSESS REASONABLENESS OF ITS COMPENSATION PACKAGE FOR TOP MANAGEMENT POSITIONS. THE FIRM ASSESSED COMPENSATION USING SURVEY DATA REPRESENTING SIMILAR POSITIONS BASED ON INDUSTRY, REVENUE, NUMBER OF EMPLOYEES AND OTHER PEER GROUP DATA. THE REPORT WAS REVIEWED BY THE HUMAN RESOURCES AND COMPENSATION COMMITTEE ("COMMITTEE") OF THE BOARD OF DIRECTORS AND COMPENSATION FOR GOODWILL'S TOP MANAGEMENT POSITIONS WAS APPROVED BY A COMMITTEE VOTE NOVEMBER 6, 2024. FORM 990, PART VI, SECTION C, LINE 18 PUBLIC AVAILABILITY GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES ("GOODWILL") POSTS ITS GOVERNING DOCUMENTS, ANNUAL REPORT, FINANCIAL STATEMENTS AND FORMS 990 TO ITS WEBSITE. GOODWILL ALSO MAKES THIS INFORMATION, AND OTHER REQUIRED DISCLOSURES, AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 REFER TO NARRATIVE LISTED FOR LINE 18. FORM 990, PART XI, LINE 9: ASSET RECOVERY 3,385. PART VII: COMPENSATION FROM A RELATED ORGANIZATION GOODWILL RETAIL DOES NOT DIRECTLY COMPENSATE ALL OF ITS OFFICERS, INCLUDING THOSE WHO SERVE IN BACK OFFICE ROLES LIKE FINANCE AND ACCOUNTING. THE FILING ORGANIZATION RELIES ON ITS PARENT ORGANIZATION, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC., TO FACILITATE ITS COMPENSATION. THE COMPENSATION LISTED ON FORM 990, PART VII IS THE TOTAL COMPENSATION PAID BY THE PARENT ORGANIZATION TO MANAGE THE PARENT ORGANIZATION AND ITS RELATED ORGANIZATIONS, INCLUDING GOODWILL RETAIL. GOODWILL INDUSTRIES OF METRO CHICAGO INC 6055 N 91ST STREET MILWAUKEE WI 53225 364455490 HUMAN SERVICE IL 501(C)(3) LINE 7 GOODWILL SE WI 0 GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN INC 6055 N 91ST STREET MILWAUKEE WI 53225 390808491 HUMAN SERVICE WI 501(C)(3) LINE 7 N/A 0 GOODWILL MANUFACTURING INC 6055 N 91ST STREET MILWAUKEE WI 53225 352531359 SUPPORTING WI 501(C)(3) LINE 12A, I GOODWILL SE WI 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 0 1 0 0