2019-11-07T12:30:43-06:00 2018-12-31 390758449 WIPFLI LLP PO BOX 8700 MADISON WI 537088700 990 2018-01-01 391147571 GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN INC GOOD 6082463140 1302 MENDOTA STREET MADISON WI 53714 MICHELA COBB CHIEF FINANCIAL OFFICER 6082463140 2019-11-01 1 JEAN CHRISTENSEN P00368719 6082741980 2019-11-01 108.67.179.172 2019-11-01 09:08:38 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B5AD917698A966612AE7A77B4536F2DC0D4C4089 2018 2020-01-14 16:20:31Z VICKI BUSS-HOLSCHUH 1302 MENDOTA STREET MADISON WI 53714 34453354 0 X WWW.GOODWILLSCWI.ORG X 1971 WI PROVIDE WORKFORCE DEVELOPMENT AND RESIDENTIAL PROGRAMS TO HELP PEOPLE ACHIEVE INDEPENDENCE. 13 13 843 180 0 0 15894431 16275150 12580542 16532941 118462 155814 35633 24577 28629068 32988482 0 0 0 0 10342044 11188290 0 0 2140 18113084 21452842 28455128 32641132 173940 347350 9971068 11876308 2876157 4434047 7094911 7442261 X SEE SCHEDULE O FOR THE ORGANIZATION'S MISSIONTHE MISSION OF GOODWILL INDUSTRIES OF SOUTH CENTRAL WISCONSIN, INC. ("GOODWILL") IS TO HELP PEOPLE ACHIEVE THEIR HIGHEST LEVEL OF INDEPENDENCE THROUGH THE POWER OF WORK. GOODWILL PROVIDES TRAINING, EMPLOYMENT, AND SUPPORTIVE SERVICES FOR PEOPLE WITH DISABILITIES OR DISADVANTAGES SEEKING TO REACH THEIR HIGHEST POTENTIAL. SUCH DISABILITIES OR DISADVANTAGES INCLUDE PHYSICAL OR INTELLECTUAL DISABILITIES, MENTAL ISSUES, SKILLS LIMITATIONS, LACK OF EDUCATION AND JOB PREPARATION, COMMUNITY CHALLENGES, AND OTHER SOCIO-ECONOMIC DISADVANTAGES. 0 0 27344568 0 14876090 RETAIL PROGRAM SERVICESSEE SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTSRETAIL PROGRAM SERVICES: GOODWILL'S RETAIL OPERATIONS COLLECT DONATIONS OF USED CLOTHING AND HOUSEHOLD ITEMS AND SELL THEM THROUGH A NETWORK OF 11 STORES. 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 EMPLOYS 355 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. 1813815 0 1656851 WORKFORCE DEVELOPMENTSEE SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTSWORKFORCE DEVELOPMENT: GOODWILL'S WORKFORCE DEVELOPMENT BUSINESS UNIT HELPS PROGRAM PARTICIPANTS PREPARE FOR SUCCESSFUL EMPLOYMENT AND ACHIEVE GREATER INDEPENDENCE BY DEVELOPING AND DELIVERING A BROAD RANGE OF SERVICES TO MEET THE NEEDS OF INDIVIDUALS WITH DISABILITIES AND DISADVANTAGES. THIS IS ACCOMPLISHED THROUGH EMPLOYMENT SERVICES, TRAINING, WORKFORCE DEVELOPMENT SUPPORTS, AND OTHER SUPPORTIVE SERVICES.SUPPORTED EMPLOYMENT IS A PROGRAM THAT PROVIDES LONG-TERM SUPPORT FOR INDIVIDUALS WITH PHYSICAL, MENTAL, AND EMOTIONAL DISABILITIES TO SUCCEED IN OBTAINING AND RETAINING EMPLOYMENT WITH IN THEIR COMMUNITY. GOODWILL TAKES AN INDIVIDUALIZED APPROACH TO REFLECT EACH PERSON'S NEEDS AND GOALS IN SEEKING HIS OR HER HIGHEST POTENTIAL. THIS PROGRAM PROVIDES CASE MANAGEMENT, TRAINING, JOB COACHING, JOB PLACEMENT, AND OTHER RELATED SUPPORTIVE SERVICES. IN 2018, 137 INDIVIDUALS WERE SERVED THROUGH THIS PROGRAM.ADDITIONAL SERVICES PROVIDED THROUGH GOODWILL'S WORKFORCE DEVELOPMENT PROGRAMS ARE; EMPLOYMENT READINESS TRAINING, WORK EXPERIENCE, DIGITAL SKILLS ASSESSMENT AND TRAINING, AND OTHER TRAINING SERVICES. IN 2018, 451 PERSONS WERE SERVED THROUGH ONE OF THESE PROGRAMS.VOLUNTEER INCOME TAX ASSESSMENT ('VITA') PROGRAM PROVIDES FREE INCOME TAX PREPARATION SERVICES TO QUALIFIED INDIVIDUALS OF LOW INCOME. THE VOLUNTEER STAFF PREPARED TAX RETURNS FOR 516 INDIVIDUALS IN 2018. 887718 0 0 RESIDENTIAL PROGRAMSEE SCHEDULE O FOR PROGRAM SERVICE ACCOMPLISHMENTSRESIDENTIAL PROGRAM: GROUP HOMES PROVIDE 24-HOUR SUPPORT AND OFFER THE OPPORTUNITY FOR RESIDENTS TO DEVELOP NEW, HEALTHIER COPING SKILLS IN A POSITIVE, REWARDING ATMOSPHERE. STAFF PROVIDES GUIDANCE, SUPPORT, TRAINING, AND COORDINATION FOR PEOPLE WITH SERIOUS AND PERSISTENT MENTAL ILLNESS. THE FOCUS OF SERVICES IS TO ASSIST RESIDENTS IN ACQUIRING THE RANGE OF SKILLS NEEDED FOR COMMUNITY LIVING. THE GOALS ARE TO PROVIDE THE LEAST RESTRICTIVE SETTING CONSISTENT WITH THE NEEDS OF THE INDIVIDUAL, CREATE A HOME-LIKE ENVIRONMENT THAT ENSURES THE RESIDENTS' HEALTH AND SAFETY AND TREAT RESIDENTS WITH DIGNITY AND RESPECT, WHILE PROVIDING SERVICES WITH THE PURPOSE OF COMMUNITY INTEGRATION AND ACCEPTANCE. IN 2018, 67 INDIVIDUALS WERE SERVED. 30046101 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 62 0 843 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 WI X MICHELA COBB 6082463140 1302 MENDOTA STREET MADISON WI 53714 MARLENE DUFFIELD DIRECTOR 0.30 X 0 0 0 SALLY GLEASON DIRECTOR 0.30 X 0 0 0 GARY JOHNSON DIRECTOR 0.30 X 0 0 0 SCOTT KELLY DIRECTOR 0.30 X 0 0 0 MARTHA KERNER DIRECTOR 0.30 X 0 0 0 KATHLEEN MCNEIL DIRECTOR 0.30 X 0 0 0 JESSICA PIATT DIRECTOR 0.30 X 0 0 0 HYWANIA THOMPSON DIRECTOR 0.30 X 0 0 0 DESHAWN WITTER DIRECTOR 0.30 X 0 0 0 BRIAN WORDEN DIRECTOR (THRU JANUARY) 0.30 X 0 0 0 DORA ZUNIGA DIRECTOR (THRU JANUARY) 0.30 X 0 0 0 BEN SCHMIDT CHAIR 0.30 X X 0 0 0 SCOTT DETTMANN VICE CHAIR 0.30 X X 0 0 0 MARY THEILEN TREASURER 0.30 X X 0 0 0 GREG RICE SECRETARY 0.30 X X 0 0 0 VICKI BUSS-HOLSCHUH PRESIDENT & CEO 40.00 X 223674 0 28213 MICHELA COBB CHIEF FINANCIAL OFFICER 40.00 X 127639 0 3291 HEATHER KENNEDY VICE PRESIDENT & CHIEF PEOPLE OFFICER 40.00 X 114706 0 5366 TONY LAWSON VICE PRESIDENT OF OPERATIONS 40.00 X 114393 0 6912 580412 0 43782 4 0 1 0 BERENGARIA DEVELOPMENT LLC 301 N BROADWAY SUITE 300 MILWAUKEE WI 53202 REAL ESTATE CONSULTING 310252 1 1298790 14976360 14740046 16275150 RETAIL PROGRAM REVENUE 453310 14876090 14876090 FEE FOR SERVICE CONTRACTS 900099 1656851 1656851 16532941 17046 17046 10922 0 10922 10922 10922 1603640 1464872 138768 138768 138768 13655 13655 13655 32988482 16532941 0 180391 382817 382817 9091355 7915078 1176277 67400 64261 3139 781952 690649 91303 864766 736534 128232 20682 20682 40500 40500 336854 266227 70627 123237 2766 120471 1152716 1056169 95932 615 3111411 3044702 66709 214893 192991 21902 113267 111185 2082 672154 595901 76253 76032 35412 40620 IN KIND GOODS 14740046 14740046 REPAIRS/SERVICE 373447 301456 71991 COST OF GOODS SOLD 242580 242580 DUES/SUBSCRIPTIONS 154717 5762 148955 80306 44382 34399 1525 32641132 30046101 2592891 2140 303083 1471313 1010517 1515798 2400 3900 329474 336261 36321 36321 3366679 3234238 73025 186736 12101775 7051757 4805443 5050018 44126 41723 9971068 11876308 721751 1135898 265765 285089 1461505 1327793 427136 1685267 2876157 4434047 X 7094911 7442261 7094911 7442261 9971068 11876308 347350 0 X 0 1 X 1 0 X 7459294 7978642 15704215 15894431 16275150 63311732 7459294 7978642 15704215 15894431 16275150 63311732 63311732 39922 37062 39519 28263 27968 172734 63484466 57536827 0.99730 0.99660 X 556596 556596 4327399 3263915 1063484 2672503 1088997 1583506 4545277 2698845 1846432 5050018 CAPITAL LEASE PAYABLE 720034 TENANT SECURITY DEPOSITS 1025 DEFERRED GAIN ON SALE LEASEBACK 964208 1685267 X 18248436 0 18248436 14740046 14740046 32988482 17901086 0 17901086 14740046 14740046 32641132 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, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: IN KIND CONTRIBUTIONS RECOGNIZED AT RETAIL VALUE 14,740,046. PART XII, LINE 4B - OTHER ADJUSTMENTS: IN KIND CONTRIBUTIONS RECOGNIZED AT RETAIL VALUE 14,740,046. X X X 0 0 0 1 0 0 0 0 0 VICKI BUSS-HOLSCHUH PRESIDENT & CEO 216300 0 0 0 7374 0 4326 0 23887 0 251887 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 AND APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. MICHELA COBB - $40,679 TONY LAWSON - $37,760 X 14740046 THRIFT SHOP VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE CORPORATION MADE THE FOLLOWING CHANGE TO ITS BYLAWS DURING THE FISCAL YEAR: THE CORPORATION'S PURPOSE NO LONGER SPECIFIES AN AGE REQUIREMENT FOR THOSE THAT ARE ELIGIBLE FOR SERVICES. 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 990 AS WELL AS IN THE ANNUAL REPORT.