2024-10-01T12:11:53-05:00 2024-06-30 560570567 DMJPS PLLC 703 GREEN VALLEY ROAD SUITE 201 GREENSBORO NC 27408 990 2023-07-01 560862842 GOODWILL INDUSTRIES OF CENTRAL NORTH CAR GOOD 3362759801 1235 SOUTH EUGENE STREET GREENSBORO NC 27406 CHRISTOPHER GORHAM PRESIDENT/CEO 3362759801 2024-09-30 1 0 STACY M WEST CPA P00452212 3362759886 2024-09-30 2023 2024-10-15 13:58:12Z CHRISTOPHER GORHAM 1235 SOUTH EUGENE STREET GREENSBORO NC 27406 56832384 0 X WWW.TRIADGOODWILL.ORG X 1963 NC GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC.'S MISSION IS TO PROMOTE THE VALUE OF WORK BY PROVIDING CAREER DEVELOPMENT SERVICES AND WORK OPPORTUNITIES FOR PEOPLE WITH EMPLOYMENT NEEDS. 19 19 811 1837 0 0 27545441 27472934 43828 40926 171857 406447 626623 602478 28387749 28522785 0 0 0 0 16221868 17475348 0 0 178563 7000380 6985245 23222248 24460593 5165501 4062192 49577577 53572534 6750281 6682938 42827296 46889596 X THE MISSION OF GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. IS TO PROMOTE THE VALUE OF WORK BY PROVIDING CAREER DEVELOPMENT SERVICES AND WORK OPPORTUNITIES FOR PEOPLE WITH EMPLOYMENT NEEDS. 0 0 18889856 856160 GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES 25 RETAIL STORES WHICH RECEIVE, PROCESS, AND SELL DONATED GOODS PROVIDED BY OVER 400,000 GENEROUS MEMBERS OF THE COMMUNITY IN ALAMANCE, CASWELL, ROCKINGHAM, RANDOLPH, AND GUILFORD COUNTIES. GOODWILL RETAIL STORES SERVED ALMOST 1.5 MILLION CUSTOMERS, GENERATING THE REVENUE WHICH PROVIDES THE MAJORITY OF FUNDING IN FURTHERING THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAMS. GOODWILL'S RECYCLING INITIATIVES HAVE EXPANDED TO OVER 20 PRODUCT LINES, ELIMINATING OVER 9 MILLION POUNDS OF PRODUCT FROM ENTERING LOCAL LANDFILLS. FURTHERING THE DEVELOPMENT OF OUR MARKET SHARE WITHIN THE CONTRIBUTED GOODS PROGRAM WILL ENSURE THE SUSTAINABILITY OF OUR MISSION FOR YEARS TO COME. AS AN EFFECTIVE RECYCLER OF GOODS, WE CONTINUE TO STRIVE TO BE THE BEST STEWARDS OF THE ENVIRONMENT THROUGH ENHANCEMENT OF GREEN INITIATIVES. 1187867 GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA IMPLEMENTS A VARIETY OF WORKFORCE DEVELOPMENT PROGRAMS AND SERVICES. THIS INCLUDES CAREER NAVIGATION, WORK READINESS AND DIGITAL LITERACY CLASSES, CREDENTIALED SKILLS TRAINING, AND CAREERS ON THE OUTSIDE (A CARF-ACCREDITED PROGRAM SUPPORTING INDIVIDUALS WITH JUSTICE-INVOLVEMENT AND A HISTORY OF CRIMINAL CONVICTION TO GET A SECOND CHANCE AT LIFE). OUR MISSION SERVED 2,508 INDIVIDUALS AND SUPPORTED 340 COMPETITIVE JOB PLACEMENTS. THE AVERAGE JOB PLACEMENT PAID $17.27 PER HOUR AT ENTRY, AND 66% ALL PLACEMENTS WERE PERMANENT, FULL-TIME POSITIONS. OVER 10,944 UNIQUE SERVICES WERE PROVIDED TO THE COMMUNITY; 33% OF SERVICES WERE IN THE FORM OF WORK-READINESS CLASSES, WORKSHOPS, AND SKILLED TRAINING, 43% WERE ONE-ON-ONE CAREER COACHING OR CASE MANAGEMENT ACTIVITIES, 19% WERE EMPLOYMENT PREPARATION SERVICES SUCH AS RESUME DEVELOPMENT, MOCK INTERVIEWING PRACTICE, OR JOB SEARCH ASSISTANCE, 4% WERE SUPPORT SERVICES SUCH AS TUITION SCHOLARSHIPS AND VOUCHERS FOR CLOTHING AND/OR TRANSPORTATION ASSISTANCE, AND 1% WERE SKILLS ASSESSMENTS, TESTING ACTIVITIES, AND ATTENDANCE AT EVENTS. THE ORGANIZATION IS COMMITTED TO ADDRESSING URGENT SERVICE GAPS THROUGH INNOVATION AND COLLABORATION. IN RESPONSE, PROGRAM ACTIVITIES ARE BEING OFFERED AT COMMUNITY LOCATIONS WHERE INDIVIDUALS ARE RECEIVING SERVICES FROM PARTNER AGENCIES, WHILE PROGRAMMING FOR INDIVIDUALS WITH JUSTICE-INVOLVEMENT HAS BEEN EXPANDED. SKILLED TRAINING PROGRAMS INCLUDE CONSTRUCTION, CLASS A CDL, AND HVAC. VIRTUAL SERVICES, WORKSHOPS, MICROLESSONS, AND OTHERS CONTINUE TO MEET UNMET NEEDS AS THEY COMPLEMENT IN-PERSON PROGRAMMING AND INCREASE ACCESS THROUGHOUT THE REGION. CAREER NAVIGATION IS PROVIDED TO JOB SEEKERS AND GOODWILL EMPLOYEES ALIKE, ARMING PEOPLE WITH THE INFORMATION AND RESOURCES THEY NEED TO TAKE CONTROL OF THEIR CAREER PATHWAYS. THOUGHTFUL AND PRODUCTIVE PARTNERSHIPS WITH BUSINESS LEADERS, SERVICE PROVIDERS, AND MEMBERS OF THE COMMUNITY WHO SHARE OUR VISION IS EMPHASIZED THROUGH ALL WORKFORCE DEVELOPMENT SERVICE PLANNING AND DELIVERY. 712340 GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES A COMMERCIAL (BUSINESS) SERVICES DIVISION, PROVIDING CONTRACTS SUCH AS PACKAGING, COLLATING, SHRINK WRAP, AND LABOR INTENSIVE JOBS FOR VARIOUS COMPANIES WITHIN ITS FIVE COUNTY TERRITORY. THESE SERVICES PROVIDE EMPLOYMENT AND TRAINNG OPPORTUNITIES FOR ENROLLED CONSUMERS AS THEY EXPERIENCE THE WORLD OF WORK WHICH IS PART OF THEIR CASE MANAGEMENT. THESE ACTIVITIES ARE CLOSELY MONITORED AND SUPERVISED BY COMPETENT STAFF AND PROFESSIONAL COUNSELORS AS CONSUMERS MAXIMIZE THEIR WORK SKILLS DURING THEIR ENROLLMENT PERIOD. COST OF FOOD AND BEVERAGES SOLD DEDUCTED IN PART VIII, FORM 990 20790063 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 49 0 1 811 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X BRADY MINK 3362759801 1235 SOUTH EUGENE STREET GREENSBORO NC 27406 JOHNNY WOOD DIRECTOR 2.00 X 0 0 0 KEITH CROSBY DIRECTOR 2.00 X 0 0 0 NEWTON COWAN DIRECTOR 2.00 X 0 0 0 THOMAS GLASER DIRECTOR 2.00 X 0 0 0 BOB HUDSON DIRECTOR 2.00 X 0 0 0 ROBERT GRAY SECRETARY/TREASURER 2.00 X X 0 0 0 PEYTON FAIRBANK DIRECTOR 2.00 X 0 0 0 MIKE GANNAWAY DIRECTOR 2.00 X 0 0 0 ERNESTINE TAYLOR DIRECTOR 2.00 X 0 0 0 CARRIE GRISWOLD BOARD OF ADVISORS 2.00 X 0 0 0 ANDY BARROW DIRECTOR 2.00 X 0 0 0 MARK KINLAW DIRECTOR 2.00 X 0 0 0 STEVE BILLINGS BOARD OF ADVISORS 2.00 X 0 0 0 KATHY CATES DIRECTOR 2.00 X 0 0 0 DARRELL HARRIS DIRECTOR 2.00 X 0 0 0 DAVID EVANS BOARD OF ADVISORS 2.00 X 0 0 0 ANNA LIESE CALL BOARD OF ADVISORS 2.00 X 0 0 0 CHARLES YOUNCE DIRECTOR, LEGAL COUNSEL 2.00 X 0 0 0 BRIAN CLARIDA IMMEDIATE PAST CHAIR 2.00 X 0 0 0 DIANA HARDY CHAIR ELECT 2.00 X 0 0 0 ALEX MAULTSBY BOARD OF ADVISORS 2.00 X 0 0 0 LORI THOMPSON DIRECTOR 2.00 X 0 0 0 LATONYA MCCUMMINGS BOARD OF ADVISORS 2.00 X 0 0 0 DAVID MOFF BOARD OF ADVISORS 2.00 X 0 0 0 GARY ROGERS DIRECTOR 2.00 X 0 0 0 DANA SMITH BOARD OF ADVISORS 2.00 X 0 0 0 CHRIS HILL CHAIR 2.00 X X 0 0 0 KEVIN JAMES BOARD OF ADVISORS 2.00 X 0 0 0 RASHAD SLADE BOARD OF ADVISORS 2.00 X 0 0 0 STEVEN SQUIRE BOARD OF ADVISORS 2.00 X 0 0 0 PAIGE WINGLER BOARD OF ADVISORS 2.00 X 0 0 0 PATRICIA CAUDLE SENIOR VICE PRESIDENT OF H 40.00 X 155864 0 16454 CHRISTOPHER GORHAM PRESIDENT AND CEO 40.00 X 342958 0 46363 GEORGE LOTHIAN JR VICE PRESIDENT OF INFORMAT 40.00 X 141395 0 15685 CELESTE MACMURDO EXECUTIVE VICE PRESIDENT O 40.00 X 214913 0 19394 BRADY MINK EXECUTIVE VICE PRESIDENT, 40.00 X 222701 0 19817 JESSICA SCHULTZ VICE PRESIDENT OF CAREER D 40.00 X 146042 0 15907 TERESA SMITH-EAST VICE PRESIDENT OF MARKETIN 40.00 X 105069 0 13897 DWIGHT CROTTS VICE PRESIDENT OF COMPLIAN 40.00 X 109892 0 5531 PATTI-ANGELA PEARSON EXECUTIVE ASSISTANT 40.00 X 0 0 0 1438834 0 153048 8 0 1 0 LDJ GLOBAL STRATEGIES LLC 628 GREEN VALLEY ROAD GREENSBORO NC 27408 BUILDING RENT 270903 JPC MONROE LLC 2205-K OAK RIDGE ROAD BOX 198 OAK RIDGE NC 27310 BUILDING RENT 133911 DIMITRIOS AND IRENE KROUSTALIS 405 CEDAR TRAILS WINSTONSALEM NC 27104 BUILDING RENT 128788 CHARTER COMMUNICATIONS HOLDING LLC PO BOX 223085 PITTSBURGH PA 152512085 INTERNET SERVICE 127236 WEST STEM PLLC 5455 BETHANIA ROAD WINSTONSALEM NC 27106 PROFESSIONAL SERVICES 119946 6 27472934 26795928 27472934 40926 40926 40926 403647 403647 2800 0 2800 2800 2800 239362 45671 193691 193691 28672715 28263928 408787 408787 28522785 856160 0 193691 1467505 358635 1064739 44131 13218040 12000212 1101035 116793 298817 215912 79107 3798 1329958 1192816 127062 10080 1161028 1003067 154200 3761 781544 605494 176050 246175 99064 147111 2048772 2030283 18489 452370 381462 70908 45949 3658 42291 760780 760711 69 LEASE EXPENSE 1230070 1206511 23559 SUPPLIES 639190 555609 83581 RENTAL AND MAINTENANCE 383614 200590 183024 MEMBERSHIP DUES 188078 1514 186564 208703 174525 34178 24460593 20790063 3491967 178563 3837749 3558720 6877299 8068638 201176 312625 1697972 1420833 142474 128219 45785930 10144291 31394166 35641639 5426741 4441860 49577577 53572534 1374079 2274300 28342 30492 5347860 4378146 6750281 6682938 X 42759796 46795178 67500 94418 42827296 46889596 49577577 53572534 4062192 0 X X 0 1 X 1 0 X 18686750 21704759 25236110 27545441 27472934 120645994 18686750 21704759 25236110 27545441 27472934 120645994 120645994 48363 3837 1799 165750 403647 623396 121269390 0.99490 0.99720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13239852 13239852 28171129 7229638 20941491 1116466 471205 645261 3258483 2443448 815035 35641639 RENT DEPOSITS 70147 DEFERRED COMP 81904 RIGHT OF USE ASSETS 4289809 4441860 LEASE LIABILITY 4378146 4378146 X 28568456 45671 45671 28522785 0 28522785 24506156 45671 45671 24460485 0 24460485 PART X, LINE 2: TAX EXEMPT STATUS - THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TAX POSITIONS - BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE MANAGEMENT OF THE ORGANIZATION DOES NOT BELIEVE OR HAVE ANY REASON TO BELIEVE THE ORGANIZATION HAS ANY UNCERTAIN TAX POSITIONS TO ACCOUNT FOR AS OF JUNE 30, 2024. IF THE ORGANIZATION IS EVER REQUIRED TO ACCOUNT FOR AN UNCERTAIN TAX POSITION IN THE FUTURE, MANAGEMENT WOULD APPLY THE FOLLOWING CRITERIA: THE REQUIRED ACCOUNTING APPLIED TO UNCERTAIN INCOME TAX POSITIONS PRESCRIBES MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. AS OF JUNE 30, 2024 AND INCLUDING THE PREVIOUS THREE YEARS CONSIDERING EXTENSIONS, THE ORGANIZATION'S INCOME TAX RETURNS ARE OPEN AND SUBJECT TO EXAMINATION BY TAX AUTHORITIES WITH RELEVANT JURISDICTION. SHOULD SUCH AN EXAMINATION TAKE PLACE, MANAGEMENT DOES NOT ANTICIPATE ANY SIGNIFICANT ISSUES RELATED TO THE OPEN YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED AGAINST REVENUE 45,671. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE NETTED AGAINST REVENUE 45,671. CHANGE ROUNDUP 239362 239362 45671 239362 239362 45671 45671 193691 1 X X 0 0 0 0 0 0 0 1 0 CHRISTOPHER GORHAM PRESIDENT AND CEO 304354 0 38604 0 0 0 0 0 46363 0 389321 0 0 0 BRADY MINK EXECUTIVE VICE PRESIDENT, 196895 0 25806 0 0 0 0 0 19817 0 242518 0 0 0 CELESTE MACMURDO EXECUTIVE VICE PRESIDENT O 189175 0 25738 0 0 0 0 0 19394 0 234307 0 0 0 PATRICIA CAUDLE SENIOR VICE PRESIDENT OF H 144724 0 11140 0 0 0 0 0 16454 0 172318 0 0 0 JESSICA SCHULTZ VICE PRESIDENT OF CAREER D 135250 0 10792 0 0 0 0 0 15907 0 161949 0 0 0 GEORGE LOTHIAN JR VICE PRESIDENT OF INFORMAT 129030 0 12365 0 0 0 0 0 15685 0 157080 0 0 0 PART I, LINE 7 THE CEO PARTICIPATES IN AN INCENTIVE PROGRAM. MAXIMUM AMOUNTS ARE SET PRIOR TO THE BEGINNING OF THE YEAR, AND CAN BE ACHIEVED BASED ON MEETING TARGETED OBJECTIVES OF THE ORGANIZATION ESTABLISHED BY THE BOARD OF DIRECTORS. THE STRUCTURE OF THE INCENTIVE ARRANGEMENT IS APPROVED IN ADVANCE BY THE COMPENSATION COMMITTEE. X 26795928 RETAIL SALES AMOUNT 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE RETURN IS PROVIDED TO AUDIT COMMITTEE MEMBERS PRIOR TO A MEETING HELD WITH THE OUTSIDE AUDIT FIRM WHO PREPARES THE FORM 990. THE TAX RETURN IS REVIEWED IN THE MEETING WITH THE AUDIT COMMITTEE AND ANY QUESTIONS ARE RESOLVED PRIOR TO PRODUCING A FINAL COPY OF THE FORMS. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS ARE PROVIDED ORIENTATIONS WHICH INCLUDE A REVIEW OF THE BYLAWS AND THE AGENCY'S CONFLICT OF INTEREST POLICY. LEGAL COUNSEL REVIEWS THE POLICY ANNUALLY. EACH BOARD MEMBER IS PROVIDED A BOARD MANUAL WHICH INCLUDES THE POLICY. ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REQURED FROM ALL SENIOR STAFF. NO ENFORCEMENT ACTIONS HAVE BEEN REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 INFORMATION FOR SALARIES FOR COMPARABLE POSITIONS IS OBTAINED BY THE AGENCY'S HUMAN RESOURCES DEPARTMENT FROM THE GREATER GREENSBORO METROPOLITAN AREA, AS WELL AS FROM OTHER GOODWILLS THAT ARE OF COMPARABLE REVENUE AND ASSET SIZE. THIS INFORMATION IS REVIEWED BY THE PRESIDENT/CEO AND PRESENTED TO THE COMPENSATION COMMITTEE, WHO ARE MEMBERS OF THE BOARD. THE PRESIDENT/CEO DETERMINES APPROPRIATE INDIVIDUAL COMPENSATION LEVELS FOR OTHER SENIOR STAFF. ANY COMPENSATION EXCEEDING $100,000 IS REVIEWED BY THE COMPENSATION COMMITTEE. THE PRESIDENT/CEO COMPENSATION IS ALWAYS DETERMINED AND REVIEWED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS POSTED ON THE GUIDESTAR.ORG WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PAGE 12 PART XII LINE 2C THE PROCESS FOR REVIEWING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED.