Goodwill Industries Development Corporation

“The organization's form 990 is prepared by an independent accounting firm. Prior to the form being filed the cfo and controller complete an extensive review and the final version is reviewed by the finance audit committee of the board of directors. The 990 is then provided to the full board for review and approval.”

“New conflict of interest agreements are sent to all board directors annually to sign. Directors and management complete disclosures annually which are reviewed by designated individuals. A conflict or potential conflict may result in recusal of the interested person.”

“The ceo and cfo are employees of the related organization goodwill industries of north central wisconsin, inc. (gwincw) fein 39-1144913. All compensation and benefits are paid by gwincw. The executive committee of the goodwill ncw board of directors reviews and approves executive compensation annually. The committee obtains and relies upon appropriate data provided by an external compensation consultant who provides market information and renders a report to show the reasonableness of overall compensation in relation to market compensation for similarly situated roles and responsibilities. In 2022 the external consultant used compensation data from multiple sources to obtain market information. The executive committee and board of directors met in december 2022 to review the information, make its determination, and document the basis for their determination. The committee is composed entirely of individuals who do not have a conflict of interest with respect to compensation arrangements.”

“Consolidated financial statements are posted on the goodwill industries of north central wisconsin, inc. Website. Links are provided to the 990 and this information is also available upon request. Governing documents and conflicts of interest policies are not available to the public.”