2021-11-15T13:45:49-06:00 2021-06-30 366055558 GRANT THORNTON LLP 75 STATE STREET BOSTON MA 02109 990 2020-07-01 042106765 MORGAN MEMORIAL GOODWILL INDUSTRIES INC MORG 6174451010 1010 HARRISON AVENUE BOSTON MA 02119 JOANNE K HILFERTY PRESIDENT 6174451010 2021-11-15 1 JOANNE HILFERTY XXX-XX-XXXX AMYN GILLANI P01522152 6177237900 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOANNE K HILFERTY 1010 HARRISON AVENUE BOSTON MA 02119 39455117 0 X WWW.GOODWILLMASS.ORG X 1905 MA INDEPENDENCE AND DIGNITY THROUGH WORK. NOT CHARITY, BUT A CHANCE. 12 11 747 127 0 0 9967462 9422196 9281271 8349483 967529 952327 9006936 9679999 29223198 28404005 0 0 0 0 18365208 15126115 55200 55200 613666 12351632 11845774 30772040 27027089 -1548842 1376916 37734198 47388401 8206107 11512778 29528091 35875623 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 6704948 8349483 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, 2021, GOODWILL SERVED 3,045 INDIVIDUALS THROUGH ITS MISSION SERVICES. PLACEMENT-ORIENTED JOB TRAINING PROGRAMS ENROLLED 300 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 114 INDIVIDUALS IN RETAIL, HOUSEKEEPING, AND FULFILLMENT. (THE RETAIL PROGRAM IS DESCRIBED IN PART III 4B.) MASSHIRE BOSTON CAREER CENTER, THE ONE-STOP CAREER CENTER GOODWILL OPERATES, ASSISTED 2,639 INDIVIDUALS WITH CAREER SERVICES AND REFERRALS TO TRAINING PROGRAMS, DOCUMENTED 226 PLACEMENTS, AND ENGAGED 90 BUSINESSES IN 116 ON-SITE AND VIRTUAL RECRUITMENT SESSIONS. IN ADDITION, GOODWILL OFFERED A RANGE OF PRE-VOCATIONAL AND OTHER DAY PROGRAMS TO 106 INDIVIDUALS WITH DEVELOPMENTAL AND OTHER DISABILITIES. 16333572 9669458 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, 2021, GOODWILL'S RETAIL PROGRAM OPERATED 15 STORES AND COLLECTED DONATIONS AT 17 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. 23038520 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 64 0 1 747 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 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 403607 0 15557 JANE EDMONDS JD CHAIR (THRU 01/21) 2.75 0.25 X X 0 0 0 SALLY MASON BOEMER VICE CHAIR(THRU 1/21);CHAIR(2/21) 2.75 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 1.75 0.25 X 0 0 0 KATHLEEN MURPHY BOARD MEMBER 1.75 0.25 X 0 0 0 LINDA WILLIAMS BOARD MEMBER 1.75 0.25 X 0 0 0 LAUREL FORD VP OF FINANCE & CFO 40.00 0.00 X 177598 0 13060 ALEXANDER MACNEIL VP OF OPERATIONS 40.00 0.00 X 231038 0 32912 HEATHER KENNEY VP HR & ADMINISTRATION 40.00 0.00 X 169558 0 34527 ADAM DOSSAS DIRECTOR OF DONATIONS & OUTREACH 40.00 0.00 X 125594 0 30173 ROBERT STACKPOLE DIRECTOR OF IT 40.00 0.00 X 131105 0 23007 LAURIE GALLAGHER DIRECTOR OF MARKETING 40.00 0.00 X 137123 0 10622 VALERIE SIBLEY CONTROLLER 40.00 0.00 X 119804 0 15550 JAMES HARDER DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 111798 0 30433 1607225 0 205841 11 0 1 0 M&M TRANSPORTATION 643 MANLEY STREET WEST BRIDGEWATER MA 02379 TRANSPORTATION 660755 GREENPAGES INC 33 BADGERS ISLAND WEST KITTERY ME 03904 IT SUPPORT 360540 REPUBLIC SERVICES 320-A CHARGER STREET REVERE MA 02151 TRASH REMOVAL 320765 G4S SECURE SOLUTIONS INC 1395 UNIVERSITY BLVD JUPITERM FL 33458 SECURITY SERVICES 275436 HUNTSINGER & JEFFER INC 809 BROOK HILL CIRCLE RICHMOND VA 232272503 FUNDRAISING 165254 29 250339 9171857 7532991 9422196 FEES AND GRANTS 561300 4733438 4733438 WORKSITE REVENUE 624310 3616045 3616045 8349483 819950 819950 46184 0 46184 46184 46184 3874928 3742551 132377 132377 132377 0 248959 35643 -35643 -35643 16942376 7272918 9669458 9669458 28404005 18018941 0 962868 1051814 122095 800846 128873 11282419 9869871 1209416 203132 108305 60659 37891 9755 1807092 1620292 167210 19590 876485 730431 126884 19170 47770 47770 211596 211596 55200 55200 104462 104462 790261 604260 181173 4828 40972 38900 2072 18215 9345 8527 343 279533 195929 68356 15248 5852113 5718723 123846 9544 1406626 1397790 8818 18 3731 1494 2237 214678 162956 44719 7003 957246 915442 32885 8919 421404 352599 63443 5362 GOODS & SUPPLIES 680575 558337 17106 105132 BANK FEES 356781 319368 25679 11734 RENTAL & MAINT OF EQUIP 280073 236341 39077 4655 AGENCY MEMBERSHIP & DUE 159823 111759 45305 2759 19915 11929 5585 2401 27027089 23038520 3374903 613666 2606767 6945956 74680 49680 925650 1310568 671200 652917 715267 591582 23043314 17747805 5840299 5295509 20189126 24735631 6711209 7806558 37734198 47388401 3243274 3034776 14888 8841 4324715 4335320 623230 4133841 8206107 11512778 X 11493456 15058250 18034635 20817373 29528091 35875623 37734198 47388401 1376916 4970616 0 X 0 1 X 1 1 1 X 8662878 8644172 8604498 9967462 9422196 45301206 8662878 8644172 8604498 9967462 9422196 45301206 45301206 741088 355112 682308 853835 866134 3498477 33241 32507 26890 815 93453 48893136 90820235 0.92650 0.92730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2016 AMOUNT: $ 25,600. 2017 AMOUNT: $ 30,300. 2018 AMOUNT: $ 26,000. OTHER INCOME - 2016 AMOUNT: $ 7,641. 2017 AMOUNT: $ 2,207. 2018 AMOUNT: $ 890. 2019 AMOUNT: $ 815. 2020 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27027087 27027087 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 7200 X X X X 0 7571650 1681932 250704 9002878 7366326 446927 241603 7571650 6924981 678683 237338 7366326 6767446 376991 219456 6924981 6491765 497169 221488 6767446 0.59610 0.40390 0 0 611849 611849 9071847 6252189 2819658 4322038 3373405 948633 9037580 8122211 915369 5295509 BENEFICIAL INT PERPETUAL TRUST 6954198 DEFERRED COMP PLAN 406453 JACOBS TRUST 227501 SPLIT INTEREST AGREEMENTS 150391 SECURITY DEPOSITS 60814 CONTRIBUTED COLLECTIONS ITEMS 7201 7806558 PPP LOAN 3393607 DEFERRED COMP PLAN 406453 OPERATING LEASE OBLIGATIONS 333781 4133841 X 40578720 4970616 4970616 35608104 104462 -7308561 -7204099 28404005 34231188 7308561 7308561 26922627 104462 104462 27027089 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 AND WAS ON LOAN TO THE FASHION PROJECT AT MARIST COLLEGE FOR SCHOLARLY RESEARCH, PUBLIC EXHIBITION AND PRESERVATION FOR FUTURE GENERATIONS. PART V, LINE 4: GOODWILL'S ENDOWMENT IS MAINTAINED IN ACCORDANCE WITH DONOR WISHES AND IS INVESTED TO PRESEREVE 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 GOOD SOLD -7,272,918. DIRECT EVENT EXPENSES -35,643. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,272,918. DIRECT EVENT EXPENSES 35,643. X X X X X X 1 HUNSTSINGERS-JEFFER 809 BROOK HILL CIRCLE RICHMOND VA 23227 PROFESSIONAL FUNDRAISING 0 523998 55200 468798 523998 55200 468798 CA CT FL ME MD MA NH NY NC OH PA RI GOOD PARTY 248959 248959 34643 1000 248959 248959 34643 1000 35643 -35643 X X X X X 0 0 0 0 0 0 0 1 0 JOANNE K HILFERTY PRESIDENT & CEO 384107 0 0 0 19500 0 3504 0 12053 0 419164 0 0 0 ALEXANDER MACNEIL VP OF OPERATIONS 221038 0 10000 0 0 0 3771 0 29141 0 263950 0 0 0 HEATHER KENNEY VP HR & ADMINISTRATION 169558 0 0 0 0 0 3012 0 31515 0 204085 0 0 0 LAUREL FORD VP OF FINANCE & CFO 177598 0 0 0 0 0 1854 0 11206 0 190658 0 0 0 ADAM DOSSAS DIRECTOR OF DONATIONS & OUTREACH 122094 0 3500 0 0 0 1032 0 29141 0 155767 0 0 0 ROBERT STACKPOLE DIRECTOR OF IT 127605 0 3500 0 0 0 2296 0 20711 0 154112 0 0 0 PART I, LINE 7 NONFIXED PAYMENTS CERTAIN INDIVIDUALS LISTED ON SCHEDULE J, PART II RECEIVED A PERFORMANCE RELATED BONUS PURSUANT TO THE ORGANIZATION'S APPROVED COMPENSATION PROGRAM AS DETAILED IN COLUMN (B)(II). X 7254635 RETAIL VALUE X STORE LIGHTING 1 278356 RETAIL VALUE 0 1 0 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. 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 PRESIDENT (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 IN THE FISCAL YEAR ENDING JUNE 30, 2021. 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 PROG 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