2024-06-18T22:13:19-05:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 75 STATE STREET 13TH FLOOR BOSTON MA 02109 990 2023-01-01 392040239 GOODWILL RETAIL SERVICES INC GOOD 4148474200 6055 N 91ST STREET MILWAUKEE WI 53225 JEFFREY DOCALAVICH CFO 4148474200 2024-06-18 1 JEFFREY DOCALAVICH 999009999 0 ERIN COUTURE P01390592 6177237900 2024-06-18 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z JEFFREY DOCALAVICH 6055 N 91ST STREET MILWAUKEE WI 53225 208231877 0 X WWW.GOODWILLSEW.COM X 2001 WI CONNECTING PEOPLE TO WORK. PREPARING PEOPLE FOR LIFE. 5 5 7715 6 0 0 150392591 157249924 0 0 40590 63126 49809094 48956093 200242275 206269143 29024985 26404442 0 0 93492551 98983959 0 0 0 82602360 87012414 205119896 212400815 -4877621 -6131672 139243053 142911043 88633061 98432723 50609992 44478320 X GOODWILL RETAIL SERVICES, INC. ("GOODWILL RETAIL") IS A NONSTOCK, NOT-FOR-PROFIT WISCONSIN CORPORATION, WHOSE SOLE MEMBER IS GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. ("GOODWILL"), A WISCONSIN NONSTOCK, NOT-FOR-PROFIT CORPORATION WITH (CONTINUED ON SCHEDULE O) 0 0 26404442 26404442 GOODWILL RETAIL SERVICES, INC. ("GOODWILL RETAIL") PROVIDES A SOURCE OF INCOME TO PROMOTE THE CHARITABLE MISSION OF ITS PARENT CORPORATION, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC., INCLUDING THAT ORGANIZATION'S NUMEROUS PROGRAMS FOR PROVIDING TRAINING, EMPLOYMENT, AND SUPPORTIVE SERVICES FOR INDIVIDUALS WITH DISABILITIES OR DISADVANTAGES. GOODWILL RETAIL OPERATED 73 STORES DURING 2023, PROVIDING EMPLOYMENT OPPORTUNITIES AND REVENUE TO FURTHER GOODWILL'S MISSION. GOODWILL RETAIL PROVIDES WORK OPPORTUNITIES FOR LOCAL RESIDENTS, MANY OF WHOM HAVE BARRIERS TO EMPLOYMENT - AT THE END OF 2023, MORE THAN 3,600 PEOPLE WERE EMPLOYED. ALL EMPLOYEES LEARN (CONTINUED ON SCHEDULE O) 26404442 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 91 0 1 7715 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IL WI X X CJ WANG 4148474200 6055 N 91ST STREET MILWAUKEE WI 53225 X THOMAS RICHTMAN CHAIR 1.00 2.00 X X 0 0 0 ROBERT KLUG VICE CHAIR 1.00 3.00 X X 0 0 0 THOMAS SAVAGE SECRETARY 1.00 3.00 X X 0 0 0 TIMOTHY MATTKE TREASURER 1.00 4.00 X X 0 0 0 JACQUELINE BOWLES DIRECTOR 1.00 2.00 X 0 0 0 JACQUELINE HALLBERG PRESIDENT & CEO 8.00 44.00 X 0 820541 35055 JEFFREY DOCALAVICH ASST. TREASURER 8.00 44.00 X 0 510487 45920 BASIL BUCHKO ASST. SECRETARY 8.00 44.00 X 0 351216 57567 SCOTT DEXTER CHIEF RETAIL OFFICER 40.00 0.00 X 437136 0 55271 DAN MICHAEL VICE PRESIDENT 40.00 0.00 X 297610 0 55262 SHAWN MCCOURT VICE PRESIDENT 40.00 0.00 X 286289 0 52919 JASON BURNS VICE PRESIDENT 40.00 0.00 X 232368 0 866 JAMES TIPTON DIRECTOR 40.00 0.00 X 166607 0 44838 ROBERT LICHTFUSS DIRECTOR 40.00 0.00 X 150012 0 32267 1570022 1682244 379965 17 0 1 0 OTT DEVELOPMENT INC N27 W23588 PAUL RD STE 100 PEWAUKEE WI 53072 CONSTRUCTION SERVICE 4256024 RYDER TRANSPORTATION SOLUTIONS LLC 11690 NW 105 ST MIAMI FL 33178 TRUCKING SERVICES 1481343 FEDERAL EXPRESS CORP PO BOX 94515 PALATINE IL 600944515 SHIPPING FOR ECOMMERCE 1175918 SHIELDS FACILITIES MAINTENANCE LLC 1777 SENTRY PKWY W 305 BLUE BELL PA 19422 SNOW REMOVAL 922084 ONE STOP MAILING (DBA OSM WORLDWIDE) 601 REGENCY DR GLENDALE HEIGHTS IL 60139 SHIPPING SERVICES 808775 18 157249924 155872891 157249924 45492 45492 20825 3191 17634 17634 17634 48313140 1959543 46353597 46353597 ECOMMERCE SHIPPING 900099 2056913 2056913 ACQUIRED CASH RECEIPTS 900099 176099 176099 VENDING SERVICE 900099 129225 129225 240259 240259 2602496 206269143 0 0 49019219 26401577 26401577 2865 2865 492407 492407 81295036 81295036 2594860 2594860 8412217 8412217 6189439 6189439 606 606 10580791 10580791 4933 4933 5995267 5995267 685195 685195 29403712 29403712 1703238 1703238 85810 85810 11293 11293 9814648 9814648 825953 825953 ALLOCATED MANAGEMENT 26111226 26111226 ALLOCATED OCCUPANCY 1789742 1789742 212400815 26404442 185996373 0 0 0 17239210 11517691 0 0 1148966 1700839 0 0 0 0 0 0 11487116 11491255 1460232 262165 109134881 69017418 37160027 40117463 0 0 0 0 0 0 0 0 70747502 77821630 139243053 142911043 9313566 11747017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 79319495 86685706 88633061 98432723 X 50609992 44478320 50609992 44478320 139243053 142911043 -6131672 0 X 0 1 X 1 0 X X 1 GOODWILL INDUSTRIES OF SE WI INC 390808491 7 1 26401577 0 1 26401577 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 58580746 37258066 21322680 46999738 29440422 17559316 3554397 2318930 1235467 40117463 ROU ASSETS 77821630 77821630 OPERATING LEASE LIABILITY 84281019 DUE TO AFFILIATED GOODWILLS 2404687 86685706 X 363644617 157375474 157375474 206269143 0 206269143 369776289 157375474 157375474 212400815 0 212400815 PART X, LINE 2: LIABILITY FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC., GOODWILL INDUSTRIES OF METROPOLITAN CHICAGO, INC., GOODWILL RETAIL SERVICES, INC. AND GOODWILL MANUFACTURING, INC. HAVE RECEIVED DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES, EXCEPT FOR TAXES PERTAINING TO UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GOODWILL TALENTBRIDGE, LLC HAS BEEN ORGANIZED AS A LIMITED LIABILITY COMPANY AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. ALL INCOME TAX ATTRIBUTES OF THE ENTITY ARE PASSED THROUGH TO ITS SOLE MEMBER, GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. THE ENTITY IS INCLUDED IN THE CONSOLIDATED INFORMATION RETURN FILED BY GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE RELATED TO THE UNCERTAINTY OF INCOME TAX POSITIONS, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND REQUIRES ADDITIONAL DISCLOSURE. GOODWILL RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. AS OF DECEMBER 31, 2023 AND 2022, GOODWILL DOES NOT BELIEVE THERE IS ANY UNCERTAINTY WITH RESPECT TO ITS TAX POSITIONS. GOODWILL FILES INFORMATION RETURNS IN THE U.S. FEDERAL AND THE STATES OF WISCONSIN AND ILLINOIS JURISDICTIONS. TAX YEARS OPEN UNDER THE FEDERAL STATUTE OF LIMITATIONS INCLUDE 2020 THROUGH 2023. TAX YEARS OPEN UNDER THE STATE OF WISCONSIN AND STATE OF ILLINOIS STATUTES INCLUDE 2019 THROUGH 2023. GOODWILL HAD NOT HISTORICALLY FILED ANY UNRELATED BUSINESS INCOME TAX ("UBIT") RETURNS BUT FILED IN 2018 FOR FEDERAL AND THE STATES OF WISCONSIN AND ILLINOIS JURISDICTIONS. DUE TO TAX REFORM LEGISLATION, THE FEDERAL AND ILLINOIS UBIT RETURNS HAVE BEEN AMENDED TO OBTAIN REFUNDS OF INCOME TAX PAYMENTS MADE ON UBIT REPEALED BY LEGISLATION. THE ORGANIZATION FILED UBIT RETURNS FOR 2019 AND 2020 FOR WISCONSIN; HOWEVER, WISCONSIN HAS SINCE REPEALED SIMILAR TO FEDERAL. TAX YEARS REMAIN OPEN FOR YEARS IN WHICH A UBIT RETURN HAS NOT BEEN FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND CONTRIBUTION RECOGNIZED FOR BOOK PURPOSES 155,415,931. AT RETAIL VALUE COST OF GOODS SOLD INCLUDED ON REVENUE STATEMENT 1,959,543. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND CONTRIBUTION RECOGNIZED FOR BOOK PURPOSES 155,415,931. AT RETAIL VALUE COST OF GOODS SOLD INCLUDED ON REVENUE STATEMENT 1,959,543. 1 GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN INC 6055 N 91ST STREET MILWAUKEE WI 53225 390808491 501(C)(3) 26401577 0 GRANT - SEE FORM 990, PART III, LINE 4A 1 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. GOODWILL RETAIL SERVICES, INC. IS A SUPPORTING ORGANIZATION OF GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND ALL GRANTS ARE MONITORED BY MANAGEMENT. 0 0 0 1 1 1 1 0 0 JACQUELINE HALLBERG PRESIDENT & CEO 0 570079 0 234070 0 16392 0 25650 0 9405 0 855596 0 0 JEFFREY DOCALAVICH ASST. TREASURER 0 370757 0 128951 0 10779 0 25650 0 20270 0 556407 0 0 SCOTT DEXTER CHIEF RETAIL OFFICER 305503 0 102370 0 29263 0 25650 0 29621 0 492407 0 0 0 BASIL BUCHKO ASST. SECRETARY 0 267549 0 76173 0 7494 0 25650 0 31917 0 408783 0 0 DAN MICHAEL VICE PRESIDENT 231586 0 58793 0 7231 0 23153 0 32109 0 352872 0 0 0 SHAWN MCCOURT VICE PRESIDENT 182883 0 77551 0 25855 0 22542 0 30377 0 339208 0 0 0 JASON BURNS VICE PRESIDENT 215919 0 0 0 16449 0 0 0 866 0 233234 0 0 0 JAMES TIPTON DIRECTOR 134915 0 28493 0 3199 0 12995 0 31843 0 211445 0 0 0 ROBERT LICHTFUSS DIRECTOR 121534 0 26835 0 1643 0 11986 0 20281 0 182279 0 0 0 PART I, LINE 3: 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 APPROVED BY A COMMITTEE VOTE ON NOVEMBER 1, 2023. PART I, LINES 5A - B AND 6A - B: LEADERSHIP INCENTIVE PLAN GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN, INC. AND AFFILIATES ("GOODWILL") PROVIDES AN INCENTIVE PLAN FOR CERTAIN MANAGEMENT PERSONNEL. THE PURPOSE OF GOODWILL'S LEADERSHIP INCENTIVE PLAN ("PLAN") IS TO MOTIVATE EXECUTIVES TO ACHIEVE MISSION-RELATED OBJECTIVES AND TO PRODUCE MEASURABLE FINANCIAL RESULTS, WHICH WILL ENHANCE GOODWILL'S LONG-TERM VALUE TO THE COMMUNITIES SERVED AND WILL PROMOTE THE FINANCIAL SECURITY AND STABILITY OF THE ORGANIZATION. THE PLAN INCLUDES FINANCIAL PERFORMANCE GOALS BASED ON REVENUE AND NET INCOME AND A MISSION-RELATED GOAL. THE PLAN IS ADMINISTERED BY GOODWILL'S PRESIDENT WITH REVIEW AND APPROVAL BY THE HUMAN RESOURCE AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. X 3462766 NET SELLING PRICE X 152205163 NET SELLING PRICE X 30 24246 NET SELLING PRICE X OTHER 9847748 180716 NET SELLING PRICE 2 0 1 1 PART I, COLUMN (B): NON-CASH CONTRIBUTIONS THE AMOUNT LISTED IN COLUMN B IS AN ESTIMATED NUMBER OR ITEMS CONTRIBUTED AS DETERMINED BY AVERAGE SALES DOLLAR ANALYSIS. SCHEDULE M, PART I, LINE 32B: USE OF THIRD PARTIES TO SOLICIT, PROCESS OR SELL NON-CASH CONTRIBUTIONS GOODWILL RETAIL SERVICES, INC. USES A THIRD PARTY TO ASSIST WITH THE COLLECTION AND SALE OF USED VEHICLES. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: 501(C)(3) STATUS. GOODWILL RETAIL SHARES THE MISSION OF ITS PARENT COMPANY, WHICH IS: CONNECTING PEOPLE TO WORK. PREPARING PEOPLE FOR LIFE. GOODWILL SUPPORTS INDIVIDUALS WHO HAVE BARRIERS INCLUDING 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 IN SOUTHEASTERN WISCONSIN AND NORTHERN ILLINOIS. THE SECOND IS BY PROVIDING COMMUNITY PROGRAMS, VOCATIONAL TRAINING, TRANSITIONAL EMPLOYMENT, EMPLOYMENT SERVICES, AND SUPPORTIVE SERVICES FOR INDIVIDUALS WHO HAVE DISABILITIES OR DISADVANTAGES 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. THIS WORK IS ANCHORED IN THREE PILLARS: YOUTH ENGAGEMENT, WORKFORCE DEVELOPMENT, AND COMMUNITY SERVICES. 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 WITH BARRIERS. 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 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 MORE THAN 100 YEARS. THE 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 THE MISSION BY GENERATING REVENUE TO HELP SUPPORT THE VARIOUS PROGRAMS AND SERVICES 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 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. - REDUCTION OF 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. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: ABOUT THE 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 2023, GOODWILL RETAIL RECORDED OVER 3.5 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 STORES. IN KEEPING WITH GOODWILL'S RE-USE/RECYCLE PHILOSOPHY, GOODWILL RETAIL MAKES AN EFFORT TO MAXIMIZE THE USEFULNESS OF EVERY ITEM DONATED. GOODWILL RETAIL OPERATES 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 THE STORES OR OUTLETS 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 2023, GOODWILL DIVERTED NEARLY 154 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 2023, GOODWILL RETAIL PARTNERED WITH LOCAL HUMAN SERVICE AGENCIES TO PROVIDE WORK OPPORTUNITIES FOR 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. GOODWILL'S EMPLOYEE EMPOWERMENT NETWORK (EEN) HELPS GOODWILL EMPLOYEES ELIMINATE BARRIERS TO SUCCESSFUL EMPLOYMENT VIA SERVICES SUCH AS GOAL SETTING, PROFESSIONAL LIFE COACHING, OTHER RESOURCES, AND REFERRALS TO FINANCIAL EDUCATION, EMERGENCY HOUSING, TRANSPORTATION, AND ASSISTANCE NAVIGATING BENEFITS. 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. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS GOODWILL IS THE SOLE CORPORATE MEMBER OF GOODWILL RETAIL. FORM 990, PART VI, SECTION A, LINE 7A 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. FORM 990, PART VI, SECTION A, LINE 7B 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, PART VI, SECTION B, LINE 11B FORM 990 REVIEW AN INDEPENDENT ACCOUNTING FIRM PREPARED THE IRS FORM 990 AND RELATED SCHEDULES. THE ORGANIZATION'S FINANCE TEAM REVIEWED THE COMPLETED FORM. MEMBERS OF THE AUDIT, RISK AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED THE FORM AT ITS MAY 22, 2024 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. FORM 990, PART VI, SECTION B, LINE 12C 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. FORM 990, PART VI, SECTION B, LINE 15 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 ON NOVEMBER 1, 2023. FORM 990, PART VI, SECTION C, LINE 18 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. FORM 990, PART VI, SECTION C, LINE 19 REFER TO NARRATIVE LISTED FOR LINE 18. PART VII: 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. GOODWILL INDUSTRIES OF METRO CHICAGO INC 6055 N 91ST STREET MILWAUKEE WI 53225 364455490 HUMAN SERVICE IL 501(C)(3) LINE 7 GOODWILL SE WI 0 GOODWILL INDUSTRIES OF SOUTHEASTERN WISCONSIN INC 6055 N 91ST STREET MILWAUKEE WI 53225 390808491 HUMAN SERVICE WI 501(C)(3) LINE 7 N/A 0 GOODWILL MANUFACTURING INC 6055 N 91ST STREET MILWAUKEE WI 53225 352531359 SUPPORTING WI 501(C)(3) LINE 12A, I GOODWILL SE WI 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0