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Nonprofit · EIN 54-0884014

GOODWILL INDUSTRIES OF THE VALLEYS INC

Tax-exempt · ROANOKE, VA 24010

Financials

$19.3M$19.8M2023$24M$18.9M2024
Revenue Expenses · by fiscal year end
Financials of GOODWILL INDUSTRIES OF THE VALLEYS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$23,983,435$18,926,985$5,056,450$76,042,999$34,065,338$41,977,661
December 31, 2023990$19,302,257$19,797,258-$495,001$66,146,209$29,827,836$36,318,373
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,913,610
of which government grants
$8,834,392
Program service revenue
$6,534,341
Investment income
$2,002,718
Net rental income
$48,012
Net gain from sales of assets
$1,173,807
Other revenue
$5,532,766

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$2,061,583
Other salaries and wages
$6,876,662
Salaries, compensation and benefits (total)
$10,741,647
Professional fundraising fees
$0
Legal fees
$41,287
Accounting fees
$91,118
Occupancy
$1,233,527
Travel
$259,100
Depreciation
$594,476
Program services (functional)
$10,422,624
Management and general (functional)
$8,399,176
Fundraising (functional)
$105,185

Balance sheet and other

Total assets, start of year
$66,146,209
Total assets, end of year
$76,042,999
Total liabilities, end of year
$34,065,338
Net assets, end of year
$41,977,661
Land, buildings and equipment
$49,926,300
Publicly traded securities
$20,873,555
Net assets without donor restrictions
$40,893,546
Net assets with donor restrictions
$1,084,115
Gross unrelated business income
$48,012
Gross receipts
$28,369,365
Employees
436
Volunteers
0
Year formed
1970
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHMOND VINCENTPRESIDENT & CEO
Officer
40$316,152$0$24,789
JACKSON G GREENCHIEF FINANCIAL OFFICER
Officer
40$218,988$0$21,686
MINDY BOYDCHIEF OPERATIONS OFFICER
Officer
1$0$222,425$14,867
BRENDA MOORECHIEF TRANSFORMATION OFFICER
Officer
40$221,047$0$10,572
JIM FORERVICE PRESIDENT BUISNESS OPTIMIZATION
Officer
1$0$150,148$4,596
PHILLIP FRENCHSENIOR VICE PRESIDENT
Officer
40$148,129$0$4,444
RACHEL PUTNAMCHIEF PEOPLE OFFICER
Officer
40$145,035$0$4,252
ELTON HODGESSENIOR NETWORK ENGINEER
Highest-paid employee
40$123,396$0$14,778
CHRIS CONNERDIRECTOR, IT NETWORKING
Highest-paid employee
40$118,625$0$14,400
ZENITH BARRETTVICE PRESIDENT, ADVANCEMENT
Officer
40$115,865$0$16,627
BRANDY TABORSENIOR DIRECTOR OF BUSINESS SERVICES
Officer
40$120,241$0$10,706
STEPHANIE SMOOTVICE PRESIDENT, FINANCE
Officer
40$110,540$0$14,783
ANGELA STANFILDIRECTOR, CONTRACTS
Highest-paid employee
40$104,816$0$18,233
SHARON HODGESDIRECTOR OF RE & ASSET MGM
Highest-paid employee
40$107,693$0$3,243
BENETTA PATELDIRECTOR, APPLICATIONS & IAM
Highest-paid employee
40$104,375$0$2,351
19 more people on this return
NameTitleHours / weekCompensation
AARON BOUSHCHAIR
Trustee or director, Officer
1$0
JEREMY LONGSHOREVICE CHAIR
Trustee or director, Officer
1$0
AUTUMN VISSERTREASURER
Trustee or director, Officer
1$0
JOHN WOODSECRETARY
Trustee or director, Officer
1$0
CURTIS BURCHETTDIRECTOR
Trustee or director
1$0
LISA CLAUSEDIRECTOR
Trustee or director
1$0
BRIAN FINNEYDIRECTOR
Trustee or director
1$0
RANDALL GATZKEDIRECTOR
Trustee or director
1$0
SHEILA UMBERGERDIRECTOR
Trustee or director
1$0
TIFFANY LEEDIRECTOR
Trustee or director
1$0
GLORIA MANNSDIRECTOR
Trustee or director
1$0
TANISHA NASHDIRECTOR
Trustee or director
1$0
JENNIFER HUFFMANDIRECTOR
Trustee or director
1$0
ANGELIA VERNONDIRECTOR
Trustee or director
1$0
LORI CAULEYDIRECTOR
Trustee or director
1$0
MELISSA LUBINDIRECTOR
Trustee or director
1$0
JOHN PROVODIRECTOR
Trustee or director
1$0
JOSEPH BRADNEYDIRECTOR
Trustee or director
1$0
MATTHEW CHURCHILLPAST CHAIR
Trustee or director
1$0
990 for the year ended December 31, 2023: 33 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHMOND VINCENTPRESIDENT & CEO
Officer
40$275,671$0$22,973
JACKSON G GREENCHIEF FINANCIAL OFFICER
Officer
40$198,318$0$20,410
MINDY BOYDCHIEF OPERATIONS OFFICER
Officer
1$0$202,006$12,779
BRENDA MOORECHIEF INFORMATION OFFICER
Officer
40$201,083$0$10,800
RACHEL PUTNAMCHIEF STRATEGY, PEOPLE OFF
Officer
40$175,100$0$12,796
MARY ANN GILMERCHIEF EXTERNAL AFFAIRS OFFICER
Officer
40$176,658$0$5,277
STEPHANIE HOERVICE PRESIDENT
Officer
40$136,832$0$13,450
JIM FORERVICE PRESIDENT
Officer
1$0$145,214$4,947
PHILLIP FRENCHVICE PRESIDENT
Officer
40$134,025$0$4,711
DONNA STUCKERCHIEF PHILANTHROPY OFFICER
Officer
40$128,648$0$8,573
CHRIS CONNERVICE PRESIDENT
Officer
40$119,076$0$13,327
ZENITH BARRETTVICE PRESIDENT
Officer
40$109,396$0$14,670
BRANDY TABORVICE PRESIDENT
Officer
40$111,494$0$9,618
STEPHANIE SMOOTVICE PRESIDENT
Officer
40$104,186$0$12,724
SHARON HODGESDIRECTOR OF RE & ASSET MGMT
Highest-paid employee
40$101,383$0$3,683
MATTHEW CHURCHILLCHAIR
Trustee or director, Officer
1$0$0$0
AARON BOUSHVICE CHAIR
Trustee or director, Officer
1$0$0$0
JOHN WOODSECRETARY
Trustee or director, Officer
1$0$0$0
JOSEPH BRADNEYDIRECTOR
Trustee or director
1$0$0$0
CURTIS BURCHETTDIRECTOR
Trustee or director
1$0$0$0
LISA CLAUSEDIRECTOR
Trustee or director
1$0$0$0
BRIAN FINNEYDIRECTOR
Trustee or director
1$0$0$0
RANDALL GATZKEDIRECTOR
Trustee or director
1$0$0$0
SHEILA UMBERGERDIRECTOR
Trustee or director
1$0$0$0
TIFFANY LEEDIRECTOR
Trustee or director
1$0$0$0
JEREMY LONGSHORETREASURER
Trustee or director, Officer
1$0$0$0
GLORIA MANNSDIRECTOR
Trustee or director
1$0$0$0
SAM WORTHINGTONDIRECTOR
Trustee or director
1$0$0$0
AUTUMN VISSERDIRECTOR
Trustee or director
1$0$0$0
ANGELIA VERNONDIRECTOR
Trustee or director
1$0$0$0
LORI CAULEYDIRECTOR
Trustee or director
1$0$0$0
MELISSA LUPINDIRECTOR
Trustee or director
1$0$0$0
JOHN PROVODIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 2420, ROANOKE, VA 24010-2420
Principal officer (990 for 2024)
RICHMOND J VINCENT JR, PO BOX 2420, ROANOKE, VA 24010
Signed the 990
RICHMOND J VINCENT JR, PRESIDENT & CEO
Phone
(540) 581-0620
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

GOODWILL'S MISSION IS TO EMPOWER INDIVIDUALS, STRENGTHEN FAMILIES, AND INSPIRE COMMUNITIES THROUGH JOB SKILLS TRAINING AND WORK PLACEMENT OPPORTUNITIES WITH A MULTI-GENERATIONAL APPROACH FOCUSED ON REMOVING BARRIERS.

990 for the year ended December 31, 2024

Program accomplishments

  • WORKFORCE DEVELOPMENT - GOODWILL RECEIVES FEDERAL GRANTS DESIGNED TO ASSIST INDIVIDUALS WHO ARE LOW INCOME, DISLOCATED, OVER THE AGE OF 55 AND ON A LOW INCOME, YOUTH THAT ARE AT-RISK, AND OTHER INDIVIDUALS WHO HAVE BARRIERS TO EMPLOYMENT. GOODWILL PROVIDES TRAINING AND EDUCATION TO PREPARE INDIVIDUALS FOR EMPLOYMENT OPPORTUNITIES AND HELPS THEM TO FIND A JOB. THROUGH TRAINING AND EMPLOYMENT PROGRAMS INDIVIDUALS ARE ABLE TO ACHIEVE THE PRIDE, DIGNITY, AND SELF-RESPECT THAT COMES FROM EARNING A PAYCHECK AND CONTRIBUTING TO THE COMMUNITY.
    Expenses $5,594,129 · revenue $2,292,968
  • WORK TRAINING SERVICES - GOODWILL PROCURES GRANTS FROM LOCAL, REGIONAL, AND NATIONAL FOUNDATIONS, COMPANIES, AND MUNICIPALITIES TO FUND PROGRAMS THAT HELP INDIVIDUALS GET BACK TO WORK AND GAIN GREATER INDEPENDENCE. INDIVIDUALS SERVED INCLUDED YOUTH, ADULTS, AND SENIORS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT, SUCH AS INCARCERATION AND YOUTH WHO ARE AT RISK OF DROPPING OUT OF SCHOOL OR INVOLVEMENT WITH THE JUVENILE JUSTICE SYSTEM.
    Expenses $3,943,693 · revenue $3,104,988
  • SOURCE AMERICA - GOODWILL CONTRACTS WITH THE FEDERAL GOVERNMENT TO EMPLOY INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT. THESE INDIVIDUALS PROVIDE JANITORIAL SERVICES IN LOCAL FEDERAL FACILITIES THUS ALLOWING THEM TO LIVE AND WORK INDEPENDENTLY.
    Expenses $884,802 · revenue $1,136,685
  • MANAGEMENT SERVICES PERFORMED FOR GOODWILL INDUSTRIES OF THE VALLEY WORKS.
    revenue $5,378,840

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-0884014
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1970
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J320)
Assets (IRS master file)
$76,042,999
Income (IRS master file)
$28,369,365

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$23,983,435$18,926,985$76,042,999IRS
990-TDecember 2024–––IRS
990December 2023$19,302,257$19,797,258$66,146,209XML
990-TDecember 2023–––IRS
990December 2022$14,719,779$19,071,771$62,154,379IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0884014).

Questions about GOODWILL INDUSTRIES OF THE VALLEYS INC

What is the EIN of GOODWILL INDUSTRIES OF THE VALLEYS INC?
The employer identification number (EIN) of GOODWILL INDUSTRIES OF THE VALLEYS INC is 54-0884014.
Is GOODWILL INDUSTRIES OF THE VALLEYS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
Are donations to GOODWILL INDUSTRIES OF THE VALLEYS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOODWILL INDUSTRIES OF THE VALLEYS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GOODWILL INDUSTRIES OF THE VALLEYS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GOODWILL INDUSTRIES OF THE VALLEYS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GOODWILL INDUSTRIES OF THE VALLEYS INC?
The 990 for the year ended December 31, 2024 names RICHMOND J VINCENT JR.
Who are the officers and directors of GOODWILL INDUSTRIES OF THE VALLEYS INC?
The 990 for the year ended December 31, 2024 lists 34 people; 13 received compensation from the organization, the highest $316,152 (RICHMOND VINCENT, PRESIDENT & CEO).
How much revenue does GOODWILL INDUSTRIES OF THE VALLEYS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $23,983,435, expenses of $18,926,985 and total assets of $76,042,999 at year end.

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