2019-11-11T14:29:48-07:00 2018-12-31 990 2018-01-01 470378996 GOODWILL INDUSTRIES INC GOOD 4023414609 4805 North 72nd Street Omaha NE 68134 Michael McGinnis CEO & President 4022311911 2019-11-12 68.13.31.132 2018 2020-04-17 16:48:07Z Michael L McGinnis 4805 N 72nd Street Omaha NE 68134 35594191 0 X www.goodwillomaha.org X 1933 NE Goodwill changes lives and strengthens communities through education, training, and work. Goodwill strives to increase self sufficiency of its participants and provides vocational evaluation, training, and opportunities for personal growth in the rehabilitation of disabled or disadvantaged individuals, who cannot readily be absorbed in the competitive labor market. Goodwill also strives to assist such individuals to attain the fullest development of which they are capable. 6 6 1302 503 0 0 10270256 12597367 1967936 1733831 80176 90340 8115010 8418090 20433378 22839628 0 0 0 0 12313361 12751575 3463 0 209524 8970391 8025770 21287215 20777345 -853837 2062283 45319697 45146112 21854148 19872749 23465549 25273363 Goodwill changes lives and strengthens communities through education, training, and work. Goodwill strives to increase self sufficiency of its participants through vocational evaluation, training, and offering employment opportunities to disabled or disadvantaged individuals, who cannot be readily absorbed in the competitive labor market. Goodwill strives to assist such individuals to attain the fullest development of which they are capable. 0 0 15966968 8179918 Goodwill operates 17 retail stores open to the public in Omaha (10), Fremont (1), Blair (1), Gretna (1), Bellevue (1), Papillion (2), and Council Bluffs, Iowa (1). The general public donates clothing, furniture, and household goods to Goodwill. Goodwill employees sort, price, and distribute merchandise for sale in the retail stores. Merchandise that does not sell within a reasonable time in the stores is transferred to the Goodwill WearHouse store where it is offered for sale at a specified price per pound. Goods determined not to be saleable in the Goodwill stores are "salvaged" and sold to third parties, who either ship and sell the goods to third parties or recycle them for their textile, metal, or other recyclable materials. Goodwill profits generated from the sale of donated goods help cover expenses associated with Goodwill's mission programs that serve the community. 927806 720087 WORKFORCE DEVELOPMENT PROGRAM SERIVCES - Goodwill provides educational and career services, job placement and post-employment support to individuals with disabilities and other challenges to employment so they can find and keep jobs. Individuals receive training and education, work experience, employment placement, and follow-up services through these programs. Goodwill programs strengthen our community by forming a pathway towards success for those who have not been able to find or maintain employment on their own. 1397335 1232005 CONTRACTS/INDUSTRIAL SERVICES PROGRAMS - Goodwill provides job training and employment opportunities for people with disabilities and other challenges to employment through contract work for businesses, federal, state, and local government, and other community partners. These contracts offer a variety of work experience and training in custodial services, grounds, manufacturing, packaging, assembly, recycling, mailing services, and other administrative areas. 0 0 0 18292109 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 78 0 1 1302 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Denise Maddock 4023414609 4805 North 72nd Street Omaha NE 68134 Scott D Semrad Chairman of the Board 0.5 0 X X 0 0 0 James H Rich Vice Chairman 0.5 0 X X 0 0 0 David B Anderson Tresurer 0.5 0 X X 0 0 0 Erin Limas Secretary 0.5 0 X X 0 0 0 Mark Stokes Chairman Emeritus 0.5 0 X X 0 0 0 Bob Bertsch Jr Trustee 0.5 0 X 0 0 0 Michael McGinnis President and CEO 40 0 X 273419 0 16765 Cheryl Hilgenkamp Vice President of Retail Operations 40 0 X 121296 0 12667 Frank J McGree Former President & CEO 0 0 X 610550 0 0 1005265 0 29432 3 1 1 0 Outlook Properties LLC 11301 Davenport Street Omaha NE 68154 Landlord 688505 Centimark Corporation PO Box 536254 Pittsburg PA 152535904 Roofing and Flooring repairs 374187 Egan Supply Company 13838 Industrial Road Omaha NE 68137 Cleaning Supplies 297441 Mechanical PO Box 690 Freeport IL 61032 Maintenance Services 284846 First Management Inc 1941 South 42nd Street Suite 550 Omaha NE 681052982 Landlord 274846 12 0 0 45817 0 0 12551550 12377846 12597367 Employment and Training 624100 720087 720087 0 0 Employment and Training - Vocational 624100 1013744 1013744 0 0 0 0 0 0 1733831 90340 0 0 90340 0 0 0 0 0 0 0 0 0 0 0 0 18835 45817 24306 -5471 0 -5471 20910175 12730257 8179918 8179918 0 0 Miscellaneous 561000 25382 0 0 25382 Management Fee 541610 218261 218261 0 0 0 0 0 0 243643 22839628 10132010 0 110251 290184 0 290184 0 10161015 9150972 911538 98505 112172 85296 26687 189 1224929 1251724 -41028 14233 963275 866994 89317 6964 0 0 0 0 82677 3702 78975 0 78989 0 78989 0 107199 62803 36425 7971 130515 643 127711 2161 1719849 1599660 115265 4924 480216 418966 58873 2377 2800064 2668757 123502 7805 274229 179327 93656 1246 5604 2400 2572 632 122546 122546 0 0 1557185 1346060 198420 12705 281458 212192 67285 1981 Client Expenses 276725 276725 0 0 Miscellaneous 108514 43342 17341 47831 20777345 18292109 2275712 209524 353226 2636717 0 0 216105 58494 121287 354184 0 0 0 0 0 0 1154728 1306298 625840 780220 51200125 15083240 37550802 36116885 5297709 3893314 0 0 0 0 0 0 0 0 45319697 45146112 2791796 2164889 0 0 6080 9003 737837 642153 0 0 0 0 17504662 16945753 0 0 813773 110951 21854148 19872749 X 23050057 24879007 322623 301487 92869 92869 23465549 25273363 45319697 45146112 2062283 -248976 0 0 -5493 0 X 0 1 X 1 0 X 790019 11571612 11126173 10270256 12597367 46355427 23336674 25074327 22461254 20669164 22862267 114403686 24126693 36645939 33587427 30939420 35459634 160759113 0 0 0 0 0 0 1451332 2112496 159561 48456 29373 3801218 1451332 2112496 159561 48456 29373 3801218 156957895 60469 50975 78711 801176 90340 1081671 0 0 0 0 0 0 60469 50975 78711 801176 90340 1081671 0 0 0 0 0 0 0 39855 130591 58510 44217 273173 24187162 36736769 33796729 31799106 35594191 162113957 0.96819 0.9593 0.00667 0.0022 X Schedule A, Part III, Line 12 Miscellaneous Income $25,382 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5297709 105356 -158636 0 0 1351115 3893314 4608758 176321 512630 0 0 0 5297709 4215704 129864 263190 0 0 0 4608758 4138315 64703 12686 0 0 0 4215704 4254775 -356272 239812 0 0 0 4138315 0.925 0.075 0 0 0 0 8071673 8071673 0 35847483 9173156 26674327 0 828086 613971 214115 0 5087124 4325885 761239 0 1365759 970228 395531 36116885 0 Deferred Compensation Liability 110951 110951 X Schedule D, Part V, Line 4 The purpose of Goodwill Industries Endownment Fund is to enhance the financial strength of the agency. Asset growth in the endownment will ensure the future growth and development of Goodwill's mission and vision while providing a portion of the assets for current year operations. Schedule D, Part X, Line 2 Goodwill accounts for uncertainties in accounting for income tax assets and liabilities using the guidance included in Financial Accounting Standards Board (FASB ) accounting standards codification (ASC) Topic 740 Income Taxes. There are no uncertainties that are reflected in the financial statements. Golf 64652 45817 18835 0 1800 5512 7845 0 9149 0 0 64652 45817 18835 0 1800 5512 7845 0 9149 24306 -5471 X X X X X X 0 0 0 0 0 0 0 0 0 Michael McGinnis President and CEO 227419 0 46000 0 0 0 0 0 16765 0 290184 0 0 0 Frank J McGree Former President & CEO 0 0 0 0 0 0 610550 0 0 0 610550 0 0 0 Schedule J, Part I, Line 3 Goodwill has a formal compensation policy and the Executive Committee serves as the Compensation Committee for the organization. Executive compensation is set annually and monitored by the local Goodwill Board of Trustees, which utilizes outside independent professional resources in determining appropriate salary levels. Goodwill participates in local, regional, and national executive compensation salary and benefit surveys. This survey data is utilized by the Board as a framework to ensure competitive compensation in order to retain high performing employees, including the CEO. In addition to survey results, compensation is based on agency performance as well as individual performance. Schedule J, Part II (C) Retirement and other deferred compensation - The former Chief Executive Officer asserted a claim for severance benefits in his 457(f) deferred compensation plan. The claim was settled during 2018. A City of Crescent Iowa 420997216 000000000 2004-12-16 1700000 Refinance short term taxable indebtedness incurred to finance Goodwill facility 0 0 0 B Nebraska Educational Health and Social Services Finance Authority 521293953 000000000 2014-11-04 20310000 Refinance short term taxable indebtness incurred to finance 11 locations 0 0 0 A 962163 0 1700000 0 0 0 34000 0 0 1666000 0 0 2004 0 0 1 1 B 2505925 0 20310000 0 0 0 332239 0 0 19977761 0 0 2014 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 Schedule K, Part III, Line 9-12/16/2004 1,700,000 City of Crescent Iowa The taxpayers existing post-issuance compliance policy specifically addresses VCAP and Section 1.141-12 and 1.145-2. Schedule K, Part III, Line 9-11/04/2014 20,310,000 Nebraska Educational Health and Social Services F The taxpayers existing post-issuance compliance policy specifically addresses VCAP and Section 1.141-12 and 1.145-2. Schedule K, Part IV, Line 2c-12/16/2004 1,700,000 City of Crescent Iowa The proceeds of the issue (issue A) were paid immediately to the refinancing of taxable construction financing, therefore all net proceeds were immediately expended and no construction fund was established. Moreover, not debt service reserve fund was established for the issue, and payments on the issue are made to the holder on a monthly basis so there is no debt service fund. Under these circumstances, no rebate computation has been conducted. Schedule K, Part IV, Line 2c-11/04/2014 20,310,000 Nebraska Educational Health and Social Services F The rebate computation is calculated every 5 years. This calculation was completed in July 2016 with a determination of no rebate due at this time. X 12377846 Fair Market Value 0 0 0 0 Form 990, Part VI, Section B, Line 11b Form 990 is prepared internally based on the audited financial statements of the organization. Once completed, the draft of the 990 is submitted to an independent CPA firm for review and comments. After addressing the comments by the CPA firm, the 990 is sent to the board of trustees prior to filing for their review and approval. Form 990, Part VI, Section B, Line 12c A signed conflict of interest statement is obtained from each officer, member of the board of trustees, and key employees of the organization at least annually. Each statement documents direct business relationships, family business relationships, and inter and intra family and business relationships. For any official action of the board or its committees, individuals with whom a conflict may be construed, are precluded from voting. The Conflict of Interest Statements are maintained in the corporate files. Form 990, Part VI, Section B, Line 15 Goodwill has a formal compensation policy and the Executive Committee serves as the Compensation Committee for the organization. Executive compensation is set annually and monitored by the local Goodwill Board of Trustees, which utilizes outside independent professional resources in determining appropriate salary levels. Goodwill participates in local, regional, and national executive compensation salary and benefit surveys. This survey data is utilized by the Board as a framework to ensure competitive compensation in order to retain high performing employees, including the CEO. In addition to survey results, compensation is based on agency performance as well as individual performance. Form 990, Part VI, Section C, Line 19 The Annual Report is published each year which includes the audited financial statements for the organization. This report is emailed to all major donors, referral agencies, and other interested parties. The report is also available online on at www.goodwillomaha.org. Hard copies of the report, Goodwill's governing documents, and conflict of interest policy are available upon request. Goodwill Speciality Services 4805 N 72nd St Omaha NE 68134 470818929 Job Training and Career Development NE 501 (c)(3) Line 10 Goodwill Industries Inc 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 Goodwill Speciality Services o 3059798 Leased employees salaries and benefits. Goodwill Speciality Services o 218261 Management Fee.