2023-09-19T09:37:55-05:00 2022-12-31 390758449 WIPFLI LLP PO BOX 12237 GREEN BAY WI 543072237 990 2022-01-01 391147571 GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN INC GOOD 6082463140 1302 MENDOTA STREET MADISON WI 53714 MICHELE HARRIS PRESIDENT & CEO 6082463140 2023-09-18 1 MICHELE HARRIS 999009999 0 TERRI REXRODE CPA MST P00096513 9206620016 2023-09-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELE HARRIS 1302 MENDOTA STREET MADISON WI 53714 41817156 0 X WWW.GOODWILLSCWI.ORG X 1971 WI HELP PEOPLE IN OUR COMMUNITY LIVE WORK & THRIVE THROUGH HOUSING EMPLOYMENT & SUPPORTIVE SERVICES 12 12 900 72 0 0 21464509 15869215 22601981 25856485 112488 520 51682 65900 44230660 41792120 0 0 0 0 13576165 15099635 0 0 841 28657967 25221955 42234132 40321590 1996528 1470530 15409154 35828572 4204337 22508167 11204817 13320405 X GOODWILL OF SOUTH CENTRAL WISCONSIN'S MISSION IS TO HELP PEOPLE IN OUR COMMUNITY TO LIVE, WORK AND THRIVE THROUGH HOUSING, EMPLOYMENT AND SUPPORTIVE SERVICES.SEE SCHEDULE O FOR CONTINUATIONSUPPORTED EMPLOYMENT AND JOB SKILLS TRAINING ARE AVAILABLE FOR COMMUNITY MEMBERS WITH DEVELOPMENTAL DISABILITIES AND BARRIERS TO EMPLOYMENT, ALONG WITH VOLUNTEER INCOME TAX ASSISTANCE FOR LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES. STABLE HOUSING IS PROVIDED AT GROUP HOMES AND APARTMENTS FOR LOW-INCOME INDIVIDUALS LIVING WITH CHRONIC MENTAL ILLNESS, AS WELL AS SENIOR CITIZENS. 0 0 34071170 0 24582988 DONATED GOODS RETAIL PROGRAM SERVICESGOODWILL'S DONATED GOODS RETAIL PROGRAM SUPPORTS THE MISSION WITH THE SALE OF DONATED CLOTHING AND HOUSEHOLD ITEMS THROUGH OUR 13 STORESSEE SCHEDULE O FOR CONTINUATIONDONATED GOODS RETAIL PROGRAM SERVICES: EXCESS AND UNSALABLE DONATED ITEM ARE SOLD THROUGH SALVAGE AND RECYCLING CHANNELS. UNIQUE ITEMS, JEWELRY, AND BOOKS ARE OFTEN SOLD THROUGH E-COMMERCE CHANNELS. THE RETAIL OPERATIONS ALSO ACCEPTS AND SELLS DONATED AUTOMOBILES, USING A THIRD PARTY ONLY VEHICLE AUCTION SERVICE. RETAIL OPERATIONS SUPPORT GOODWILL'S MISSION BY PROVIDING EMPLOYMENT AND TRAINING FOR LOCAL RESIDENTS WITH DISABILITIES OR DISADVANTAGES WHO SEEK GREATER INDEPENDENCE. RETAIL OPERATIONS EMPLOY INDIVIDUALS THROUGHOUT SOUTH CENTRAL WISCONSIN. THESE OPERATIONS ALSO GENERATE REVENUE AND CASH FLOW THAT FUND A PORTION OF GOODWILL'S MISSION-RELATED OPERATIONS AND ITS GENERAL AND ADMINISTRATIVE EXPENSES. RETAIL STORES OFFER A PLACE WHERE PEOPLE IN NEED CAN EXCHANGE VOUCHERS FOR USEFUL MERCHANDISE AT NO COST THROUGH PUBLIC ASSISTANCE PROGRAMS OR COMMUNITY REFERRALS. 1338626 0 1273497 WORKFORCE DEVELOPMENT PROGRAMSGOODWILL PROVIDES NUMEROUS PRGRAMS AND SERVICES TO HELP REMOVE BARRIERS TO HOUSING AND EMPLOYMENT FOR INDIVIDULS SO THEY CAN LIVE, WORK AND TRHIVE IN OUR LOCAL COMMUNITY.PROGRAMS INCLUDE SUPPORTED EMPLOYMENT, JOB SKILLS TRANING AND VOLUNTEER INCOME TAX ASSISTANCE (VITA).SEE SCHEDULE O FOR CONTINUATION.WORKFORCE DEVELOPMENT PROGRAMS: SUPPORTED EMPLOYMENT AND JOBS SKILLS TRAINING: ADULTS WITH BARRIERS TO EMPLOYMENT BUILD CONFIDENCE, SKILLS, AND INDEPENDENCE THROUGH MEANINGFUL JOBS, WITH JOB COACHES PROVIDING ONE-ON-ONE SUPPORT TO 92 PROGRAM PARTICIPANTS AT NO COST TO THE EMPLOYER OR PARTICIPANT. ALL PROGRAM PARTICIPANTS EARN AT LEAST MINIMUM WAGE OR MORE. VOLUNTEER INCOME TAX ASSISTANCE (VITA): IN PARTNERSHIP WITH THE WISCONSIN DEPARTMENT OF REVENUE AND THE IRS, THE VITA PROGRAM PROVIDES FREE INCOME TAX PREPARATION FOR COMMUNITY MEMBERS WITH LOW TO MODERATE INCOME. IN 2022, 842 TAX RETURNS WERE PREPARED RESULTING IN OVER 1.0 MILLION DOLLARS IN TAX REFUNDS RETURNED INTO OUR COMMUNITY TO HELP PAY FOR RENT, BILLS, MEDICATION AND OTHER ESSENTIALS. 1214269 0 0 STABLE HOUSINGADULTS WITH CHRONIC MENTAL ILLNESS RECEIVE 24/7/365 SUPPORT AT OUR GROUP HOMES WHILE LEARNING SKILLS TO LIVE INDEPENDENTLY. DURING 2022, OUR GROUP HOMES SEVED 46 RESIDENTS PROVIDING 5,473 SAFE NIGHTS SUPPORTIVE HOUSING.SEE SCHEDULE O FOR CONTINUATIONSTABLE HOUSING:ADDITIONALLY, WE SUPPORT 75 APARTMENT UNITS WITH ON-SITE PROPERTY SUPERVISORS OFFERING AFFORDABLE SUBSIDIZED HOUSING TO LOW-INCOME ADULTS, RETIREES AND COMMUNITY MEMBERS WITH MENTAL ILLNESS. 36624065 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 900 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 WI X MICHELE HARRIS 6082463140 1302 MENDOTA STREET MADISON WI 53714 MARY THEILEN CHAIR 0.30 X X 0 0 0 BEN SCHMIDT PAST CHAIR 0.30 X X 0 0 0 JESSICA PIATT VICE CHAIR 0.30 X X 0 0 0 TOM STITGEN TREASURER 0.30 X X 0 0 0 HYWANIA THOMPSON SECRETARY 0.30 X X 0 0 0 TARA CONGER DIRECTOR 0.30 X 0 0 0 KEVIN FOUNTAIN DIRECTOR 0.30 X 0 0 0 GARY JOHNSON DIRECTOR 0.30 X 0 0 0 KATHLEEN MCNEIL DIRECTOR 0.30 X 0 0 0 JASON POTTER DIRECTOR 0.30 X 0 0 0 JASON RICE DIRECTOR 0.30 X 0 0 0 ALEX YSQUIERDO DIRECTOR 0.30 X 0 0 0 MICHELE HARRIS PRESIDENT & CEO 1.00 X 249590 0 15955 TONY LAWSON VICE PRESIDENT OF OPERATIONS 40.00 X 175526 0 33085 ELENA GOLDEN DIRECTOR OF QUALITY & RESIDENTIAL 40.00 X 103762 0 5483 BRIAN SCHROEDER DIRECTOR OF STORES 40.00 X 128851 0 27971 SARITA MANNIGEL HUMAN RESOURCES DIRECTOR 40.00 X 101491 0 3320 759220 0 85814 5 0 1 0 CS&L CPAS 1001 3RD AVENUE WEST SUITE 700 BRADENTON FL 34205 ACCOUNTING SERVICES 587069 APPLIED TECH SOLUTIONS 203 SOUTH PATERSON STREET SUITE 50 MADISON WI 53703 INFORMATION SYSTEMS MANAGEMENT 428403 FEDEX PO BOX 371461 PITTSBURGH PA 15250 PACKAGE DELIVERY SERVICES 159086 3 1242419 14626796 14567373 15869215 RETAIL PROGRAM REVENUE 459510 24582988 24582988 FEE FOR SERVICE CONTRACTS 561300 1273497 1273497 25856485 25556 25556 25036 -25036 -25036 -25036 65900 65900 65900 41792120 25856485 0 66420 265545 265545 12448930 11369803 1079127 152187 139330 12857 1249355 1101655 147700 983618 861134 122484 18120 18120 41500 41500 1538653 379139 1159514 176395 17714 158681 2096700 1960781 135078 841 3727917 3642905 85012 218264 193360 24904 6757 6757 89428 82960 6468 884800 790052 94748 88892 36292 52600 IN KIND GOODS 15502047 15502047 REPAIRS/SERVICE 593863 504168 89695 DUES/SUBSCRIPTIONS 192147 11324 180823 46472 31401 15071 40321590 36624065 3696684 841 4646276 4721523 2309162 4845614 9887 2400 502526 423546 36321 36321 3132818 2515421 253728 311926 11483260 7360806 4471244 4122454 47192 18849367 15409154 35828572 1656862 1992525 376613 145185 1040323 892440 1130539 19478017 4204337 22508167 X 11204817 13320405 11204817 13320405 15409154 35828572 X 1470530 645058 X 0 1 X 1 0 X 16275150 18318405 18384589 21464509 15869215 90311868 16275150 18318405 18384589 21464509 15869215 90311868 90311868 27968 27847 11956 4005 25556 97332 90409200 100480909 0.99890 0.99890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 556596 556596 3897874 2983634 914240 3506145 1800613 1705532 3478261 2576559 901702 44384 44384 4122454 SECURITY DEPOSITS 25090 OTHER ASSETS 24271 ROU ASSET - OPERATING LEASE 18278569 ROU ASSET - FINANCE LEASE 521437 18849367 ROU OBLIGATION - OPERATING LEASE 18930330 ROU OBLIGATION - FINANCE LEASE 547687 19478017 X 41792120 0 41792120 0 41792120 40321590 0 40321590 0 40321590 PART X, LINE 2: MANAGEMENT ASSESSES WHETHER IT IS MORE LIKELY THAN NOT THAT AN INCOME TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT TAX POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2022. X X X 0 0 0 1 0 0 0 0 0 MICHELE HARRIS PRESIDENT & CEO 232625 0 10054 0 6911 0 6961 0 8994 0 265545 0 0 0 TONY LAWSON VICE PRESIDENT OF OPERATIONS 144892 0 30634 0 0 0 4961 0 28124 0 208611 0 0 0 BRIAN SCHROEDER DIRECTOR OF STORES 101997 0 26854 0 0 0 0 0 27971 0 156822 0 0 0 PART I, LINE 5 GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN, INC. ("GOODWILL") PROVIDES AN INCENTIVE PLAN FOR CERTAIN MANAGEMENT PERSONNEL. THE PURPOSE OF GOODWILL'S LEADERSHIP INCENTIVE PLAN ('PLAN") IS TO MOTIVATE LEADERSHIP 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 FINANCIAL SECURITY AND STABILITY TO THE ORGANIZATION. THE PLAN INCLUDES FINANCIAL PERFORMANCE GOALS BASED ON REVENUE AND NET INCOME. THE PLAN IS ADMINISTERED BY GOODWILL'S PRESIDENT WITH REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE PLAN FOR THE PRESIDENT & CEO IS SOLELY DETERMINED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. DURING 2022, $91,124 WAS PAID UNDER THE PLAN. X 14567373 THRIFT SHOP VALUE 0 0 0 1 PART I, LINE 32B: DONATED VEHICLES GO TO THE NATIONAL CHARITY SALES (NCS). NCS SELL AND REMITE NET PROCEEDS TO GOODWILL, WHO RECORDS THE CASH CONTRIBUTION. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT & CEO AND CHIEF FINANCIAL OFFICER REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE 990 IS REVIEWED WITH THE AUDIT AND FINANCE COMMITTEE AFTER SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN, INC. ("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 GOODWILL. FORM 990, PART VI, SECTION B, LINE 15 GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN, INC ("GOODWILL") COMPENSATION PACKAGE INCLUDES 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 EXECUTIVE COMMITTEE ("COMMITTEE") OF THE BOARD OF DIRECTORS AND COMPENSATION FOR GOODWILL'S TOP MANAGEMENT POSITIONS WAS APPROVED BY A COMMITTEE VOTE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC. FINANCIAL STATEMENTS ARE MADE PUBLIC THROUGH THE FORM 990 AS WELL AS IN THE ANNUAL REPORT. FORM 990, PART XI, LINE 9: OPENING NET ASSET ADJ.-DEFERRED GAIN ON SALE LEASEBACK 645,058.