Goodwill Industries of the Southern Piedmont Inc.

“The board of directors shall have the powers and duties necessary or appropriate for the administration of the affairs of the corporation. All powers of the corporation, except those specified, granted, or reserved to the members by law, the articles of incorporation, or the bylaws, shall be vested in the directors.”

“The board of directors may elect additional members to the corporation; terms of and qualifications for such additional members shall be determined by the board of directors. All members in good standing at the time of the annual meeting shall be eligible to vote in the election of directors. The board of directors shall elect annually a chairman, vice-chairman, and secretary/treasurer of the corporation at their first meeting following the annual meeting of the membership. The president is elected by the board of directors of the corporation. The president does not have voting rights. A vacancy may be filled by the board of directors. A vacancy occurs when an elected director separates from the board, when the membership fails to elect a full slate of directors, or when a seat had been declared vacant due to excessive absences provided by the bylaws.”

“Our tax preparers review the 990 with the audit committee, and answer any questions they may have. Each board member is then provided a copy of the 990 for review. Once the review is complete the president/ceo will sign the form for submission to the irs.”

“The organization consistently monitors and enforces compliance with the conflict of interest policy by providing copies of this policy and procedures to all board members via the executive assistant, and to all agency employees by the human resources department during new employee intake, and annually, thereafter. Each person is required to review and sign the document, acknowledging their willingness to abide by this policy. These statements are filed in the executive assistant's office. Copies are filed in individual personnel files for management staff.”

“The board of directors has the sole authority and responsibility for establishing and changing the total compensation and benefits of the president and total compensation ranges for other highly compensated positions (vice presidents), applying the same pay philosophy that is utilized for all other employees in the organization. The board establishes and monitors the performance and total compensation of the president/ceo. The board is responsible for conducting an annual formal performance review of the president, at which time adjustments to total compensation may be considered. Questions about the process or specifics of the president's compensation package are directed to the chair of the board. The board conducts an annual review of the salary ranges and benefits for all highly compensated positions (president and vice presidents). Utilizing the same principles that govern all employee salaries, the board reviews information on comparable salaries within goodwill industries international affiliates and other appropriate external market surveys specific to the not-for-profit industry pertaining to companies with similar revenue base. Periodically, an outside consultant is engaged to assess the reasonableness, competitiveness and consistency with compensation "best practices" of total compensation for the president and vice presidents and to make recommendations to the board. Any adjustment to the salary ranges and benefits made is consistent with the organization's compensation policy.”

“The organization's current annual report and 990 are posted on the organization's website and other links. Other documents open to public disclosure are available upon request.”

“The organization, in a full transparency posture to reporting, is reporting all benefits in full in column f, part vii and not applying the $10,000 per item exception for certain benefits.”

“Goodwill industries of the southern piedmont (gisp) was established in 1965 and is part of a network of 183 autonomous, non-profit goodwill organizations in 14 countries that make up goodwill industries international. The mission of gisp is changing lives through the power of work. Our vision is that all people in our region have the opportunity to reach their full potential by achieving family sustaining employment. Gisp serves 13 counties in north carolina and 5 counties in south carolina. The organization currently has services and facilities in cabarrus, cleveland, gaston, lincoln, mecklenburg and union counties in north carolina and lancaster and york counties in south carolina. Gisp employs 650 team members, engages over 135 volunteers and has an annual operating budget of approximately $50 million. Goodwill provides employment services and supports to allow individuals and families to gain the skills and confidence to pursue career opportunities that will provide long-term stability. Goodwill provides employment, job training and career services in the following areas: -occupational skills training for careers in call centers and customer service, banking, hospitality and construction. -goodwill operates or is a partner in six job resource centers located in mecklenburg, cabarrus, gaston, lincoln and cleveland counties. These employment resource centers assist individuals with all aspects of the job search, including job leads, resume workshops, interview skills and career counseling. -goodwill serves at-risk youth, former offenders, people with mental or emotional disabilities, unemployed and underemployed individuals. Goodwill is a sustainable social enterprise, a job creator, and provides a positive social return to the community. During the last ten years goodwill has served almost 110,000 individuals, and placed over 20,000 individuals into community employment. The one year earnings of those individuals is in excess of $175 million. Just last year (2013) the organization served over 14,500 and placed over 1,850 individuals into competitive employment with one year earnings exceeding $15 million.”

“The audit committee's process of audit evaluation has not changed from the prior year.”