Goodwill Retail Services Inc.

“Members or stockholders goodwill is the sole corporate member of goodwill retail.”

“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.”

“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 review members of the audit, risk and compliance committee of the board of directors reviewed the form at its may 26, 2021 committee meeting. In addition, members of the full board were provided with an electronic copy of the form on may 26, 2021.”

“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.”

“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.”

“Refer to narrative listed for line 18.”

“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.”

“With 501(c)(3) status. Goodwill retail shares the mission of its parent company, which is to provide training, employment, and supportive services for people with disabilities or disadvantages who seek greater independence. Such disabilities or disadvantages include physical or intellectual disabilities, mental health issues, skill limitations, criminal background, lack of education and job preparation, communication challenges, and other socio-economic disadvantages. Goodwill pursues its mission in two ways. The first is by employing people with disabilities and disadvantages within the organization's own operations. The second is by providing social services, community programs, vocational training, transitional employment, employment services, and supportive services for individuals in southeastern wisconsin and northern illinois who have disabilities or are disadvantaged or have other special needs, in order to enhance their employment opportunities, prevent or alleviate rehabilitation problems, and facilitate their ability to live independently in the community. 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 who were labeled unemployable. 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 in order to help prepare individuals for employment and place them in jobs both in the community and within goodwill's own operations. Goodwill has operated retail stores to promote its charitable mission for over 100 years. The retail stores were created to sell donated items to generate wages and to provide job training and employment for immigrants and others with employment barriers as well as persons with disabilities, including thousands of returning world war i veterans. Goodwill stores continue to advance this mission by generating revenues to support the numerous work training programs offered by goodwill. In addition, employment and job training opportunities are provided for people with disabilities or disadvantages. The stores sell primarily clothing and household items, generally previously-owned goods donated by individuals. Merchandise that does not sell is sold to textile recyclers or third-world markets. Goodwill retail operates stores and donation centers throughout its territory and promotes its charitable objectives by providing: - a source of income to promote the charitable mission of goodwill, including the organization's numerous programs for providing skill development and employment opportunities for individuals with disabilities or disadvantages. - stores where people in need can exchange vouchers for useful merchandise at no cost through public assistance programs or community referrals. - a convenient place for people to donate previously-owned goods. - a retail outlet for sale of donated merchandise to the general public. - a source of textiles and used goods for recyclers and individuals in foreign countries. - a method to reduce the amount of waste that otherwise would be hauled to landfills. - job training and employment opportunities for local residents with disabilities or disadvantages. - a partnership with local human services agencies that enables them to place people receiving services into work opportunities. - workforce development, training, and supportive services that are available to employees.”

“Due to the covid pandemic, goodwill retail closed its stores, ecommerce and donations for approximately two months. After reopening, there were occupancy restrictions and a reduction of hours. As a result of these changes, no grant was paid out to the supported organization in 2020.”

“Payroll tax credit allocation -2,332,009. Intercompany allocation 497,105. Reserve adjustments 168,698.”