Goodwill Industries of So California Inc

“Delegate broad authority to a committee the executive committee shall carry out the decisions of the board and in the intervals between board meetings may exercise all the powers of the board, except the purchase or sale of real estate. Four members of the executive committee shall constitute a quorum. The executive committee shall approve the annual operating budget, as recommended by the finance committee.”

“Review of form 990 by governing body after the form 990 is prepared by independent tax professionals and reviewed by the goodwill industries of southern california accounting staff and cfo, it is presented to the ceo, coo and the audit & compliance committee of goodwill industries of southern california for review. Once reviewed, it is sent via either e-mail or regular mail to the board of directors. Comments from the directors are reviewed and addressed and, if necessary, the return is recirculated to the directors. When the directors have no material comments, the return is filed.”

“Conflict of interest policy each director, officer, key employee, and selected employees sign a certificate of compliance that he/she has read and agrees to abide by the guidelines for dealing with potential conflicts of interest upon joining the organization and again in january of each year. The board of directors, executive committee (or senior management for transactions that are conflicted with respect to staff) will review, ratify, and approve each potential or existing conflicted transaction on an as-needed basis to ensure that the transaction is conducted at fair market value. Transactions of up to $5,000 can be dealt with by the president/ceo unless he/she wishes to approve the transaction with the board of directors or executive committee. The policy is enforced through the education and regular meeting of the board of directors in concert with the president/ceo, cfo, and coo, who have oversight to approve and review all fiscal transactions.”

“Process to establish compensation of top management official for the president/ceo, cfo, and coo and other key positions, the executive compensation committee engages the services of an independent compensation consultant. Periodically the consultant and the committee use information from salary surveys, form 990 information returns for similarly sized charities in the area, and information from other similarly sized goodwill member agencies across the country to evaluate the compensation package. An independent compensation consultant completed the survey and analysis in 2024 and submitted it to the committee. The executive compensation committee's recommendation are brought before the board of directors in a closed session on an annual basis for review and approval. The board of directors has responsibility to approve the compensation package for the president/ceo, cfo, and coo. This process took place in 2024. Form 990, part vi, section b, line 15b: process to establish compensation of other officers or key employees for selected key employees, the executive compensation committee engages the services of an independent compensation consultant. Periodically the consultant and the committee use information from salary surveys, form 990 information returns for similarly sized charities in the area, and information from other similarly sized goodwill member agencies across the country to evaluate the compensation package. An independent compensation consultant completed the survey and analysis in 2024 and submitted it to the committee. The board of directors has responsibility to approve the compensation package for the president/ceo, coo, and cfo. The executive compensation committee reviews and approves the compensation of the other key employees. This process took place in 2024.”

“Required documents available to the public the organization posts its financial statements and irs form 990 on its website. The organization separately provides its form 990 to guidestar, which posts it on their website. A copy of the organization's form 990 is also available by request. Governing documents and conflict of interest policies are available upon request.”

“Software license and support: program service expenses 1,329,790. Management and general expenses 1,111,926. Fundraising expenses 0. Total expenses 2,441,716. Contracted services: program service expenses 60,470,881. Management and general expenses 526,887. Fundraising expenses 0. Total expenses 60,997,768. Security services: program service expenses 197,896. Management and general expenses 0. Fundraising expenses 0. Total expenses 197,896. Consultant fees, admin fees & certification fees: program service expenses 258,777. Management and general expenses 74,387. Fundraising expenses 0. Total expenses 333,164.”