Goodwill Industries of Southeastern Wisconsin Inc

“Form 990 review an independent accounting firm prepared the irs form 990 and related schedules. The organization's finance team reviewed the completed form. Members of the audit, risk and compliance committee of the board of directors reviewed the form at its june 11, 2025 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.”

“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.”

“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 on november 6, 2024.”

“Public availability goodwill industries of southeastern wisconsin, inc. And affiliates ("goodwill") posts its governing documents, annual reports, financial statements and forms 990 to its website. Goodwill also makes this information, and other required disclosures, available upon request.”

“Refer to narrative listed for line 18.”

“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. About goodwill industries of southeastern, wisconsin, inc. Goodwill industries of southeastern wisconsin, inc., ("goodwill") was formed in 1919 and is a wisconsin nonstock, not-for-profit corporation with 501(c)(3) status. It is the sole corporate member of four other not-for-profit entities: goodwill retail services, inc.; goodwill industries of metropolitan chicago, inc.; goodwill talentbridge, llc, and goodwill manufacturing, inc. ("its affiliated corporations"). Each of the corporations files a separate form 990; the limited liability company reports its income and expenses on the goodwill industries of southeastern wisconsin, inc. Form 990. Goodwill industries of southeastern wisconsin and its affiliated corporations compose one of the largest of more than 150 independent goodwill organizations in north america. The combined southeastern wisconsin goodwill entities offer programs and services at 93 locations and served more than 21,000 people in 2024. Beginning with its first workshop in a milwaukee church basement, where donations were 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. The information that follows applies to goodwill industries of southeastern wisconsin, inc., the parent corporation, which includes goodwill great lakes and mission services business units, as well as talentbridge, llc. In 2024, goodwill industries of southeastern wisconsin, inc., the parent corporation: - impacted more than 110,000 lives - provided programs and services to more than 21,000 people - connected people to more than 3,700 jobs - served nearly 10.6 million meals to united states navy sailors and recruits. - delivered more than 354,000 meals to senior citizens. - supplied families in need with more than 6,300 goodwill cares vouchers, totaling more than $250,000 for merchandise from goodwill store & donation centers. - maintained commission on accreditation of rehabilitation facili”

“Workforce development services goodwill's workforce development services in southeastern wisconsin include employment services, supported employment, evaluation, job placement, mentoring, internships, and skills training. Goodwill operated three workforce connection centers as well as community access points at a domestic violence center, homeless shelter, and public libraries. The centers provide free job search and support services to the public, regardless of income or other qualifying criteria. These centers were developed to help individuals who are unemployed or underemployed find and keep jobs. Workforce connection center staff assist people throughout the job search process, including resume development, job leads/applications, computer access, job-search strategies, interview prep, and access to resources needed to sustain employment. The workforce connection centers host employer recruitment events to connect job seekers with employers in need of employees. Goodwill also collaborates with other local organizations to connect center customers to additional resources such as driver's license recovery programs, counseling, benefits assistance, and help with housing and other concerns. Together, these centers provided services to more than 5,000 people in 2024. Since 1989, goodwill has partnered with the kenosha county job center/human services building, one of the first one-stop job centers, considered "best practice" on both a national and international level. At the job center, goodwill offers extensive employment services that include job seeking and retention, life skills sessions, one-on-one consultation, mentoring and follow-up. Case management services include program orientation, assessment, development of employability plans, employment counseling, job seeking skills, job search activities, and referrals to community partners for agency services and adult education. Goodwill's workforce development training programs focus on providing work and life skills and sector-specific training to help participants find work or start a career. Participants in these programs receive practical skills training as well as instruction in employer expectations, workplace behavior, and interpersonal skills. Job placement and retention services ensure that goodwill graduates are successfully placed. Job coaches provide on-site guidance to newly placed goodwill program participants to ensure successful integration into the workplace environment. Customized talent acquisition and training programs have also been developed with collaborative community partners to help employers find talent and help people attach to the workforce, while receiving the training and supports needed to ensure success on the job. Other training programs include job re-entry and outreach services to individuals recently released or currently in prison in the kenosha area. In 2024, goodwill provided workforce development supports for more than 13,000 individuals. These supports included benefits counseling, ancillary vocational services such as financial literacy, and other work-related supports such as childcare case management. Community services and supports goodwill provided community supports in 2024 to nearly 6,000 adults through a variety of programs. Goodwill's day services programs support adults with developmental disabilities or traumatic brain injuries to enjoy more independent and active lives in the community at four locations. These programs offer daily activities including community outings, recreation, socialization, volunteering, enhancing life skills, and promoting self-advocacy. Programs also offer peace of mind as well as respite for working care givers. Throughout 2024, nearly 200 individuals were served by goodwill's day services programs. Goodwill's community services help improve the quality of life for seniors and their families. Community services provides support for people who find it difficult to work or cannot participate in g”

“Leased employees: program service expenses 16,728,422. Total expenses 16,728,422. Professional fees: program service expenses 1,039,585. Management and general expenses 1,413,638. Fundraising expenses 7,656. Total expenses 2,460,879. Contracted services: program service expenses 194,061. Management and general expenses 1,240,069. Total expenses 1,434,130. Temporary staffing: program service expenses 128,936. Management and general expenses 301,486. Total expenses 430,422. Consulting fees: program service expenses 57,943. Management and general expenses 851,596. Fundraising expenses 719. Total expenses 910,258.”

“Intercompany asset impairment transfer 2,086,517. Unrealized swap interest 43,425. Asset recovery 24,829.”