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 24, 2023 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.”

“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 it's 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.”

“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 conditions, 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 revenue to help support the various 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 in the stores is sold to textile recyclers or in secondary markets. Goodwill retail operates stores and donation centers, outlets, and ecommerce operations 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 and an ecommerce operation for sale of donated merchandise to the general public. - 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.”

“Retail services business and receive job training in addition to training on topics such as goodwill's mission, customer service, and safety. Goodwill retail's store and donation centers provide a convenient place for people to donate previously owned goods. During 2022, goodwill retail recorded over 3.6 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 general public at affordable prices in goodwill retail stores. In keeping with goodwill's re-use/recycle philosophy, goodwill retail makes an effort to maximize the usefulness of every item donated to goodwill. Goodwill retail operates two outlet stores, which sell unsold items from store and donation centers, giving them one last chance for the public to purchase. Items that do not sell through goodwill retail stores are sold either to recyclers or to foreign markets, thereby generating additional income to support goodwill's mission-based programs and reducing the amount of waste that otherwise would be landfilled. In 2022, goodwill diverted more than 156 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. At every goodwill store in southeastern wisconsin and northern illinois, persons in need in these programs can exchange vouchers for useful merchandise at no cost. In 2022, goodwill retail partnered with local human service agencies to provide work opportunities for nearly 40 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. The goodwill way guide program is an element of retail service's employee experience support network. It provides employees with access to, and help navigating, resources for a variety of needs including transportation, housing, food, finances, mental health, and more. Form 990, part v, line 2a: number of employees on form w-3 the number of employees on form w-3 is the total employee count for the filing organization. While goodwill is the common paymaster for goodwill retail, the number of employees only includes the employee count for goodwill retail.”

“Reserve adjustments 36,128.”