2022-11-14T23:03:14-06:00 2022-06-30 366055558 GRANT THORNTON LLP 75 STATE STREET BOSTON MA 02109 990 2021-07-01 042106765 MORGAN MEMORIAL GOODWILL INDUSTRIES INC MORG 6174451010 1010 HARRISON AVENUE BOSTON MA 02119 JOANNE K HILFERTY PRESIDENT 6174451010 2022-11-14 1 JOANNE HILFERTY XXX-XX-XXXX ERIN COUTURE P01390592 6177237900 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JOANNE K HILFERTY 1010 HARRISON AVENUE BOSTON MA 02119 46541707 0 X WWW.GOODWILLMASS.ORG X 1905 MA INDEPENDENCE AND DIGNITY THROUGH WORK. NOT CHARITY, BUT A CHANCE. 11 10 557 186 0 0 9422196 12405203 8349483 9111681 952327 1634811 9679999 13258056 28404005 36409751 0 0 0 0 15126115 17023809 55200 55200 779061 11845774 12988234 27027089 30067243 1376916 6342508 47388401 44929635 11512778 7578882 35875623 37350753 X THE MISSION OF MORGAN MEMORIAL GOODWILL INDUSTRIES (GOODWILL) IS TO HELP INDIVIDUALS WITH BARRIERS TO SELF-SUFFICIENCY TO ACHIEVE INDEPENDENCE AND DIGNITY THROUGH WORK. NOT CHARITY, BUT A CHANCE. 0 0 7337153 9111681 SEE SCHEDULE O: JOB TRAINING AND CAREER SERVICESGOODWILL IS A LEADING PROVIDER OF JOB TRAINING AND CAREER SERVICES IN MASSACHUSETTS. GOODWILL'S MISSION SERVICES HELP INDIVIDUALS WHO FACE BARRIERS TO SELF-SUFFICIENCY PREPARE FOR THE WORKPLACE AND CREATE MORE REWARDING AND INDEPENDENT LIVES FOR THEMSELVES AND THEIR FAMILIES. IN THE YEAR ENDING JUNE 30, 2022, GOODWILL SERVED 3,729 INDIVIDUALS THROUGH ITS MISSION SERVICES. PLACEMENT-ORIENTED JOB TRAINING PROGRAMS ENROLLED 327 INDIVIDUALS CONSIDERED HARDEST TO EMPLOY, OFFERING CASE MANAGEMENT, JOB SKILLS AND JOB READINESS TRAINING, ON-THE-JOB-TRAINING, PLACEMENT, AND POST-PLACEMENT SERVICES. GOODWILL'S SOCIAL ENTERPRISES PROVIDED WORK EXPERIENCE AND A PAYCHECK TO 153 INDIVIDUALS IN RETAIL, HOUSEKEEPING, MAINTENANCE AND FULFILLMENT. (THE RETAIL PROGRAM IS DESCRIBED IN PART III 4B.) MASSHIRE BOSTON CAREER CENTER, THE ONE-STOP CAREER CENTER GOODWILL OPERATES, ASSISTED 3,302 INDIVIDUALS WITH CAREER SERVICES AND REFERRALS TO TRAINING PROGRAMS, DOCUMENTED 329 PLACEMENTS, AND ENGAGED 70 BUSINESSES IN 105 ON-SITE AND VIRTUAL RECRUITMENT SESSIONS. IN ADDITION, GOODWILL OFFERED A RANGE OF PRE-VOCATIONAL AND OTHER DAY PROGRAMS TO 100 INDIVIDUALS WITH DEVELOPMENTAL AND OTHER DISABILITIES, INCLUDING PUBLIC HIGH SCHOOL STUDENTS WITH SPECIAL NEEDS. 18421784 13286639 SEE SCHEDULE O: RETAIL PROGRAMTHE RETAIL PROGRAM IS A SOCIAL ENTERPRISE THAT BENEFITS THE COMMUNITY BY PROVIDING JOB TRAINING FOR INDIVIDUALS WITH BARRIERS TO EMPLOYMENT; CREATING JOBS; AND MAKING QUALITY, LOW-COST GOODS AVAILABLE AT AFFORDABLE PRICES. IN THE YEAR ENDING JUNE 30, 2022, GOODWILL'S RETAIL PROGRAM OPERATED 15 STORES AND COLLECTED DONATIONS AT 16 SITES THROUGHOUT MASSACHUSETTS. THE RETAIL PROGRAM PROVIDED JOBS AND JOB TRAINING OPPORTUNITIES IN COLLECTING, SORTING, DISTRIBUTING, MERCHANDISING, AND SELLING DONATED GOODS. IT ALSO CREATED ECONOMIC VITALITY IN THE COMMUNITIES IN WHICH THE STORES ARE LOCATED. FORM 990, PART IV, LINES 12A - 12B, AND 34:MORGAN MEMORIAL GOODWILL INDUSTRIES, INC., ESTABLISHED GOODWILL HEADQUARTERS, INC., A 501(C)(3) ORGANIZATION, IN MAY 2010 AS A SUPPORTING ORGANIZATION FOR MORGAN MEMORIAL GOODWILL INDUSTRIES, INC. 25758937 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 56 0 1 557 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT FL ME MD MA NH NY NC OH PA RI X X X LAUREL FORD 6175411287 1010 HARRISON AVENUE BOSTON MA 02119 JOANNE K HILFERTY PRESIDENT & CEO 39.75 0.25 X X 609532 0 16185 SALLY MASON BOEMER CHAIR 2.75 0.25 X X 0 0 0 LINDA WILLIAMS VICE CHAIR 1.75 0.25 X X 0 0 0 NANCY AUBREY TREASURER 2.75 0.25 X X 0 0 0 DAVID ORR JR CLERK 2.75 0.25 X X 0 0 0 PAUL ANDREW BOARD MEMBER 1.75 0.25 X 0 0 0 KAREN COPPLOA BOARD MEMBER 1.75 0.25 X 0 0 0 JOHN DOUCETTE BOARD MEMBER 1.75 0.25 X 0 0 0 PAUL FRANCISCO BOARD MEMBER 1.75 0.25 X 0 0 0 MARIA HARRIS BOARD MEMBER 1.75 0.25 X 0 0 0 EJ LANDRY BOARD MEMBER (THRU 01/22) 1.75 0.25 X 0 0 0 KATHLEEN MURPHY BOARD MEMBER 1.75 0.25 X 0 0 0 LAUREL FORD VP OF FINANCE & CFO 40.00 0.00 X 205586 0 14322 ALEXANDER MACNEIL VP OF OPERATIONS 40.00 0.00 X 261481 0 35343 HEATHER KENNEY VP HR & ADMINISTRATION 40.00 0.00 X 204313 0 37110 ADAM DOSSAS DIRECTOR OF DONATIONS & OUTREACH 40.00 0.00 X 123598 0 32545 ROBERT STACKPOLE DIRECTOR OF IT 40.00 0.00 X 129115 0 24449 LAURIE GALLAGHER DIRECTOR OF MARKETING 40.00 0.00 X 110341 0 7037 VALERIE SIBLEY CONTROLLER 40.00 0.00 X 118465 0 17022 JAMES HARDER DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 110431 0 33348 1872862 0 217361 11 0 1 0 FIVE STAR BUILDING CORP 23 UNION STREET EASTHAMPTON MA 01027 CONSTRUCTION 746265 M&M TRANSPORTATION 643 MANLEY STREET WEST BRIDGEWATER MA 02379 TRANSPORTATION 552955 GREENPAGES INC 33 BADGERS ISLAND WEST KITTERY ME 03904 IT SUPPORT 513220 BOSTON TRAILER 635 MANLEY STREET WEST BRIDGEWATER MA 02379 TRAILER LEASING 377848 REPUBLIC SERVICES 320-A CHARGER STREET REVERE MA 02151 TRASH REMOVAL 376717 16 259152 3097730 9048321 7740626 12405203 FEES AND GRANTS 561300 5756913 5756913 WORKSITE REVENUE 624310 3354768 3354768 9111681 954667 954667 8312 0 8312 8312 8312 3081134 2400990 680144 680144 680144 12900 259152 49795 -36895 -36895 20967810 7681171 13286639 13286639 36409751 22398320 0 1606228 1190503 125841 903856 160806 13141444 11693100 1232215 216129 105983 58123 38905 8955 1533008 1370283 140440 22285 1052871 893186 135125 24560 42501 42501 80494 80494 55200 55200 115857 115857 1067415 719559 284307 63549 54054 42390 11664 25636 10972 14245 419 405042 310599 79005 15438 6492273 6355954 129279 7040 1183878 1164338 19444 96 33567 5767 26979 821 214473 164046 44106 6321 1034749 993486 32801 8462 454559 380241 67386 6932 GOODS & SUPPLIES 742022 576069 7900 158053 BANK FEES 489994 450091 26283 13620 RENTAL & MAINT OF EQUIP 340859 291650 44303 4906 AGENCY MEMBERSHIP & DUE 181329 133212 44779 3338 29532 20030 7371 2131 30067243 25758937 3529245 779061 6945956 7903917 49680 25000 1310568 1059460 652917 695102 591582 457550 24692283 18782554 5295509 5909729 24735631 22343497 7806558 6535380 47388401 44929635 3034776 2120251 8841 53185 4335320 4213678 4133841 1191768 11512778 7578882 X 15058250 18753463 20817373 18597290 35875623 37350753 47388401 44929635 6342508 -4867378 0 X 0 1 X 1 1 1 X 8644172 8604498 9967462 9422196 12405203 49043531 8644172 8604498 9967462 9422196 12405203 49043531 49043531 355112 682308 853835 866134 962980 3720369 32507 26890 815 12900 73112 52837012 163857683 0.92820 0.92650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 30,300. 2018 AMOUNT: $ 26,000. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 12,900. OTHER INCOME - 2017 AMOUNT: $ 2,207. 2018 AMOUNT: $ 890. 2019 AMOUNT: $ 815. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30067243 30067243 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 7200 X X X X 0 9002878 -858058 263874 7880946 7571650 1681932 250704 9002878 7366326 446927 241603 7571650 6924981 678683 237338 7366326 6767446 376991 219456 6924981 0.68090 0.31910 0 0 611849 611849 9113512 6710675 2402837 4453236 3632734 820502 10513686 8439145 2074541 5909729 BENEFICIAL INT PERPETUAL TRUST 5742578 DEFERRED COMP PLAN 373855 JACOBS TRUST 199650 SPLIT INTEREST AGREEMENTS 150391 SECURITY DEPOSITS 61706 CONTRIBUTED COLLECTIONS ITEMS 7200 6535380 OPERATING LEASE OBLIGATIONS 522036 DEFERRED COMP PLAN 373855 PPP LOAN 295877 1191768 X 39157482 -4867378 -4867378 44024860 115857 -7730966 -7615109 36409751 37682352 7730966 7730966 29951386 115857 115857 30067243 PART III, LINE 4: VINTAGE CLOTHING (1840S TO 1960S) WAS COLLECTED OVER MANY YEARS; THE COLLECTION IS A TOOL FOR EDUCATING THE PUBLIC ON GOODWILL'S HISTORY. PART V, LINE 4: GOODWILL'S ENDOWMENT IS MAINTAINED IN ACCORDANCE WITH DONOR WISHES AND IS INVESTED TO PRESERVE THE LONG-TERM PURCHASING POWER OF GOODWILL'S ASSETS RELATIVE TO INFLATION AND TO PROVIDE A REASONABLE, PREDICTABLE AND STABLE REVENUE STREAM TO SUPPORT GOODWILL'S MISSION. GOODWILL MANAGES ITS ENDOWMENT CONSISTENT WITH THE MASSACHUSETTS ACT, THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT. PART X, LINE 2: SCHEDULE D, PART X, LINE 2 GOODWILL IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. GOODWILL IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -7,681,171. DIRECT EVENT EXPENSES -49,795. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,681,171. DIRECT EVENT EXPENSES 49,795. X X X X X X 1 HUNTSINGER-JEFFER 809 BROOK HILL CIRCLE RICHMOND VA 23227 PROFESSIONAL FUNDRAISING 0 497529 55200 442329 497529 55200 442329 CA CT FL ME MD MA NH NY NC OH PA RI GOOD PARTY 240220 227320 12900 20932 26034 2829 MARATHON 31832 31832 272052 259152 12900 20932 26034 2829 49795 -36895 X X X X X 0 0 0 0 0 0 0 1 0 JOANNE K HILFERTY PRESIDENT & CEO 386665 0 203367 0 19500 0 3470 0 12715 0 625717 0 0 0 ALEXANDER MACNEIL VP OF OPERATIONS 223905 0 37576 0 0 0 3889 0 31454 0 296824 0 0 0 HEATHER KENNEY VP HR & ADMINISTRATION 171639 0 32674 0 0 0 3287 0 33823 0 241423 0 0 0 LAUREL FORD VP OF FINANCE & CFO 176822 0 28764 0 0 0 2287 0 12035 0 219908 0 0 0 ADAM DOSSAS DIRECTOR OF DONATIONS & OUTREACH 120098 0 3500 0 0 0 1091 0 31454 0 156143 0 0 0 ROBERT STACKPOLE DIRECTOR OF IT 127115 0 2000 0 0 0 2458 0 21991 0 153564 0 0 0 PART I, LINE 7 NON-FIXED PAYMENTS THE CEO AND VICE PRESIDENTS LISTED ON SCHEDULE J, PART II, WERE ELIGIBLE FOR AND RECEIVED PERFORMANCE RELATED BONUSES PURSUANT TO THE ORGANIZATION'S APPROVED EXECUTIVE COMPENSATION PROGRAM. COLUMN (B) (II) INCLUDES FY2O21 BONUSES AND DELAYED FY2020 BONUSES. X 7723356 RETAIL VALUE X STORE LIGHTING 1 17270 RETAIL VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE IRS FORM 990 IS PREPARED AND REVIEWED BY INDEPENDENT TAX ADVISORS FROM A NATIONAL ACCOUNTING FIRM. THE TREASURER OF THE BOARD REVIEWS THE IRS FORM 990 AND ALL DIRECTORS ARE PROVIDED A COPY PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT THE BOARD OF DIRECTORS HAS ESTABLISHED A CONFLICT OF INTEREST POLICY REQUIRING OFFICERS, DIRECTORS, AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS TO DISCLOSE ANY INTERESTS AT THE TIME THE POSSIBILITY OF A CONFLICT ARISES OR THEY BECOME AWARE THERE IS A POSSIBILITY OF A CONFLICT. ALL CONTRACTS OR TRANSACTIONS INVOLVING AN INTERESTED PARTY ARE REVIEWED BY THE BOARD OR THE EXECUTIVE COMMITTEE. IF A CONFLICT OR POTENTIAL CONFLICT EXISTS, INTERESTED PARTIES RECUSE THEMSELVES FROM DISCUSSIONS OF AND VOTES ON ANY RELATED PARTY TRANSACTIONS IN WHICH THEY HAVE AN INTEREST. IN ADDITION, ALL OFFICERS, DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS ARE REQUIRED TO REVIEW THE POLICY ON AN ANNUAL BASIS AND AFFIRMATIVELY INDICATE ANY MATTERS REQUIRING DISCLOSURE. A WRITTEN STATEMENT OF ALL RELATED PARTY TRANSACTIONS AND OTHER DISCLOSURES IS PROVIDED ANNUALLY TO EACH MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE BOARD OF DIRECTORS HAS ESTABLISHED AN EXECUTIVE COMPENSATION POLICY FOR THE CEO AND VICE PRESIDENTS. THE BOARD'S COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS AND IS RESPONSIBLE FOR THE OVERALL ADMINISTRATION OF EXECUTIVE COMPENSATION. THE COMMITTEE MAKES AN ANNUAL RECOMMENDATION TO THE BOARD OF DIRECTORS FOR APPROVAL OF THE EXECUTIVE COMPENSATION PROGRAM FOR THE YEAR. THE COMPENSATION COMMITTEE REGULARLY ENGAGES A COMPENSATION CONSULTANT TO COMPILE AND EVALUATE DATA REGARDING COMPENSATION OF SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT ORGANIZATIONS OF COMPARABLE SIZE AND COMPLEXITY IN BOTH THE NOT-FOR-PROFIT AND FOR-PROFIT SECTORS. THE COMPENSATION COMMITTEE EVALUATES THE CEO'S PERFORMANCE AND MAKES RECOMMENDATIONS FOR THE CEO'S COMPENSATION TO THE BOARD WHILE ALSO MONITORING THE COMPENSATION OF THE VICE PRESIDENTS TO ASSURE THAT IT IS IN COMPLIANCE WITH THE PROGRAM. THE COMPENSATION COMMITTEE REPORTS ITS RECOMMENDATIONS TO THE BOARD FOR APPROVAL IN EXECUTIVE SESSION. DELIBERATIONS AND RECOMMENDATIONS ARE DOCUMENTED IN WRITING. THE EXECUTIVE COMPENSATION POLICY WAS FOLLOWED IN SETTING THE COMPENSATION FOR THE CEO AND VICE PRESIDENTS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE DOCUMENTS ARE AVAILABLE TO THE PUBLIC AS FOLLOWS: THE AUDITED FINANCIAL STATEMENTS AND FORMS 990 ARE ON THE ORGANIZATION'S WEBSITE AND, AS SPECIFIED ON THE WEBSITE, THE ARTICLES OF INCORPORATION AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON REQUEST. HFY LLC 1010 HARRISON AVENUE BOSTON MA 02119 042106765 YOUTH PROGRAM MA GOODWILL GOODWILL HEADQUARTERS INC 1010 HARRISON AVENUE BOSTON MA 02119 272523596 SUPPORT MA 501(C)(3) LINE 12A, I MMGI 1 SPLIT INTEREST TRUST MA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0