GOODWILL INDUSTRIES OF THE VALLEYS INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GOODWILL INDUSTRIES OF THE VALLEYS INC (EIN 54-0884014)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-06-25
- IRS object ID
- 201311769349300216
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-25T12:11:42-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 FIRST STREET | AddressLine1 |
| City | ROANOKE | City |
| State | VA | State |
| ZIP Code | 24011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540884014 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GOODWILL INDUSTRIES OF THE VALLEYS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GOOD | NameControl |
| Phone | 5408510620 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2502 MELROSE AVE NW | AddressLine1 |
| City | ROANOKE | City |
| State | VA | State |
| ZIP Code | 24017 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE PHIPPS | Name |
| Title | PRESIDENT AND CEO | Title |
| Phone | 5408510620 | Phone |
| Date Signed | 2013-06-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | F FULTON GALER | Name |
| PTIN | P00296103 | PTIN |
| Phone | 5403426911 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRUCE PHIPPS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2502 MELROSE AVENUE NW | AddressLine1 |
| City | ROANOKE | City |
| State | VA | State |
| ZIP Code | 24017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15809093 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GOODWILLVALLEYS.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 737 | TotalNbrEmployees |
| Total Nbr Volunteers | 373 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 248255 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 316499 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11067974 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 9944957 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 92686 | InvestmentIncomePriorYear |
| Investment Income Current Year | 104853 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5275547 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5434434 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16684462 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15800743 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12308176 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11224601 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 8350 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6166268 | OtherExpensePriorYear |
| Other Expenses Current Year | 5892225 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 18474444 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17116826 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1789982 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1316083 | RevenuesLessExpensesCY |
| Total Assets BOY | 23306451 | TotalAssetsBOY |
| Total Assets EOY | 22757243 | TotalAssetsEOY |
| Total Liabilities BOY | 12259995 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11473513 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 11046456 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11283730 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO HELP PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4099614 | Expense |
| Revenue | 3174800 | Revenue |
| Description | TO PROVIDE EMPLOYMENT AND JOB TRAINING SERVICES TO INDIVIDUALS WITH BARRIERS TO EMPLOYMENT. SERVICES ARE DESIGNED TO ASSIST THESE INDIVIDUALS BY ENHANCING INDEPENDENCE AND SELF-ESTEEM. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6788730 | Expense |
| Revenue | 6769797 | Revenue |
| Description | THE ORGANIZATION RECEIVES FEDERAL GRANTS DESIGNED TO ASSIST DISLOCATED WORKERS, SENIOR CITIZENS, YOUTH, AND ADULT CLIENTS IN RECEIVING TRAINING AND EDUCATION TO PREPARE THEM FOR EMPLOYMENT OPPORTUNITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 774697 | Expense |
| Revenue | 4754253 | Revenue |
| Description | REVENUE AND EXPENSES FROM GOODWILL INDUSTRIES OF THE VALLEY WORKS ("WORKS," FEIN 27-0953369), AN ORGANIZATION OPERATED SOLELY FOR THE SUPPORT OF GOODWILL INDUSTRIES OF THE VALLEYS, INC. ("VALLEYS"), IN ITS OPERATION OF RETAIL STORES, DISTRIBUTION CENTERS, AND INDUSTRIAL COMMERCIAL CONTRACTS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 774697 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 4754253 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 11663041 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 46 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 737 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5405810620 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2502 MELROSE AVE NW | AddressLine1 |
| City | ROANOKE | City |
| State | VA | State |
| ZIP Code | 24017 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ROBERT ARCHER | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| HARVEY BROOKINS JR | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| NEIL BIRKHOFF | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| LEWIS BISHOP | ||||||||
| SECRETARY | 1.00 | 2.00 | X | 0 | 0 | 0 | X | |
| EDWARD GARNER | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| JANE CONLIN | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| RHONDA SHANNON | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| JEFFREY A VAN DOREN | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| KHALED HASSOUNA | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| MATT WEBB | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| RANDALL A YOUNG | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| DHARMENDRA PATEL | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| JOHN COKER | ||||||||
| CHAIR | 1.00 | 2.00 | X | 0 | 0 | 0 | X | |
| HOWARD LYON | ||||||||
| TREASURER | 1.00 | 2.00 | X | 0 | 0 | 0 | X | |
| MELINDA PAYNE | ||||||||
| VICE CHAIR | 1.00 | 2.00 | X | 0 | 0 | 0 | X | |
| ANDREW DICKINSON | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| OSCARLYN ELDER | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| LEAH GISSY | ||||||||
| DIRECTOR | 1.00 | 2.00 | X | 0 | 0 | 0 | ||
| BRUCE PHIPPS | ||||||||
| PRESIDENT AND CEO | 40.00 | 2.00 | 258445 | 0 | 26569 | X | ||
| LINDA LAMONA | ||||||||
| SR. VICE PRESIDENT | 40.00 | 2.00 | 141095 | 0 | 9467 | X | ||
| JIM SHAVER | ||||||||
| VICE PRESIDENT | 40.00 | 2.00 | 120209 | 0 | 12446 | X | ||
| PHIL JONES | ||||||||
| SR. VICE PRESIDENT | 40.00 | 2.00 | 133721 | 0 | 13120 | X | ||
| LINDA MATTHEWS | ||||||||
| SR. VICE PRESIDENT | 40.00 | 2.00 | 125493 | 0 | 12604 | X | ||
| JERRY KITE | ||||||||
| SR. VICE PRESIDENT | 40.00 | 1.00 | 0 | 115795 | 12481 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 778963 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 115795 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 86687 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| NEW RIVER VALLEY SENIOR SERVICE | |||||
| 141 EAST MAIN STREET SUITE 500 | PULASKI | VA | 24301 | TRANSPORTATION SERVICES | 181467 |
| NEWBILL CONSTRUCTION | |||||
| 105 DARLINGTON DRIVE | ROCKY MOUNT | VA | 24151 | CONSTRUCTION | 160834 |
| ROANOKE ROOFING & SHEET METAL CO | |||||
| PO BOX 12607 | ROANOKE | VA | 24027 | CONSTRUCTION | 156370 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Federated Campaigns | 123499 | FederatedCampaigns |
| All Other Contributions | 193000 | AllOtherContributions |
| Noncash Contributions | 23061 | NoncashContributions |
| Total Contributions | 316499 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM FEES | Description |
| Business Code | 561300 | BusinessCode |
| Total Revenue Column | 9944957 | TotalRevenueColumn |
| Related Or Exempt Function Income | 9944957 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 9944957 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100703 | TotalRevenueColumn |
| Exclusion | $100,703 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 4150 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 4150 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4150 | TotalRevenueColumn |
| Exclusion | $4,150 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 55544 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 8350 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47194 | TotalRevenueColumn |
| Exclusion | $47,194 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 633347 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 633347 | TotalRevenueColumn |
| Exclusion | $633,347 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEES - GIV | 541610 | 3582522 | 3582522 |
| GIV WORKS-LEASE FEE | 561300 | 1127773 | 1127773 |
| REGISTRATION AND USER | 561300 | 22543 | 22543 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21055 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21055 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4753893 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15800743 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14698850 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $785,394 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258445 | Total |
| Management And General | 258445 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9151480 | Total |
| Program Services | 7019356 | ProgramServices |
| Management And General | 2132124 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94525 | Total |
| Program Services | 55546 | ProgramServices |
| Management And General | 38979 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1049651 | Total |
| Program Services | 781623 | ProgramServices |
| Management And General | 268028 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670500 | Total |
| Program Services | 510996 | ProgramServices |
| Management And General | 159504 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33546 | Total |
| Management And General | 33546 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114489 | Total |
| Program Services | 68169 | ProgramServices |
| Management And General | 46320 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 322053 | Total |
| Program Services | 79060 | ProgramServices |
| Management And General | 242993 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173497 | Total |
| Program Services | 571 | ProgramServices |
| Management And General | 172926 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206606 | Total |
| Program Services | 104663 | ProgramServices |
| Management And General | 101943 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1459864 | Total |
| Program Services | 470700 | ProgramServices |
| Management And General | 989164 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 551226 | Total |
| Program Services | 485564 | ProgramServices |
| Management And General | 65662 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74426 | Total |
| Program Services | 57960 | ProgramServices |
| Management And General | 16466 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 190973 | Total |
| Management And General | 190973 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 535930 | Total |
| Program Services | 65057 | ProgramServices |
| Management And General | 470873 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79092 | Total |
| Program Services | 42934 | ProgramServices |
| Management And General | 36158 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAM EXPENSES | 1646601 | 1646601 | ||
| OTHER EXPENSES | 320150 | 95751 | 216049 | 8350 |
| SUPPLIES | 183772 | 178490 | 5282 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17116826 | Total |
| Program Services | 11663041 | ProgramServices |
| Management And General | 5445435 | ManagementAndGeneral |
| Fundraising | 8350 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260939 | BOY |
| EOY | 3376684 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5611970 | BOY |
| EOY | 4089 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140231 | BOY |
| EOY | 137212 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1647762 | BOY |
| EOY | 1600111 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 183352 | BOY |
| EOY | 167075 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 25879242 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10621745 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14875291 | BOY |
| EOY | 15257497 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308892 | BOY |
| EOY | 1893471 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 278014 | BOY |
| EOY | 321104 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23306451 | BOY |
| EOY | 22757243 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1560287 | BOY |
| EOY | 1996309 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149274 | BOY |
| EOY | 196795 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6879988 | BOY |
| EOY | 6399984 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3670446 | BOY |
| EOY | 2880425 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12259995 | BOY |
| EOY | 11473513 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10888210 | BOY |
| EOY | 11105009 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 158246 | BOY |
| EOY | 178721 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11046456 | BOY |
| EOY | 11283730 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23306451 | BOY |
| EOY | 22757243 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1316083 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1553357 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4563516 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29339319 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 430367 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 248255 | CurrentTaxYearMinus1Year |
| Current Tax Year | 316499 | CurrentTaxYear |
| Total | 34897956 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4563516 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29339319 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 430367 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 248255 | CurrentTaxYearMinus1Year |
| Current Tax Year | 316499 | CurrentTaxYear |
| Total | 34897956 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 34897956 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 333043 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 132025 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 37649 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 69446 | CurrentTaxYearMinus1Year |
| Current Tax Year | 100703 | CurrentTaxYear |
| Total | 672866 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7225 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus1 Year | 23240 | CurrentTaxYearMinus1Year |
| Current Tax Year | 47194 | CurrentTaxYear |
| Total | 77659 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 35648481 | TotalSupport |
| Gross Receipts From Admissions Etc | 79304149 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.97890 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.98350 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2127323 | OtherCostOrOtherBasis |
| Book Value | 2127323 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13163981 | OtherCostOrOtherBasis |
| Depreciation | 3050844 | Depreciation |
| Book Value | 10113137 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1848443 | OtherCostOrOtherBasis |
| Depreciation | 1362321 | Depreciation |
| Book Value | 486122 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8077869 | OtherCostOrOtherBasis |
| Depreciation | 6208580 | Depreciation |
| Book Value | 1869289 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 661626 | OtherCostOrOtherBasis |
| Book Value | 661626 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15257497 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS | 1879146 | C |
| FUNDS HELD BY OTHERS | 14325 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1893471 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEBT-SOUTHERN BOND | $211,530 |
| DEBT-MELROSE BOND | $1,041,426 |
| DUE TO AFFILIATES | $1,590,469 |
| PLEDGES PAYABLE | $37,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2880425 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION FOR 2010, 2011, AND 2012 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE IS NOT SUBJECT TO INCOME TAX UNDER THE PRESENT INCOME TAX LAWS. THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION UNDER IRC SECTION 509(A)(1)THAT IS NOT A PRIVATE FOUNDATION AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION FOR INDIVIDUAL DONORS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FASHION SHOW | NameOfEvent1 |
| Gross Receipts Event1 | 55544 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 55544 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 8350 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 55544 | GrossReceiptsTotal |
| Gross Revenue Total Events | 55544 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 8350 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 8350 | DirectExpenseSummaryEvents |
| Net Income Summary | 47194 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 1 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 1 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRUCE PHIPPS | ||||||||||||||
| PRESIDENT AND CEO | 235371 | 0 | 18000 | 0 | 5074 | 0 | 11299 | 0 | 15270 | 0 | 285014 | 0 | 0 | 0 |
| LINDA LAMONA | ||||||||||||||
| SR. VICE PRESIDENT | 133515 | 0 | 6000 | 0 | 1580 | 0 | 3083 | 0 | 6384 | 0 | 150562 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | IF THE SPOUSE OR SIGNIFICANT OTHER IS INVOLVED IN THE BUSINESS PURPOSE OF THE TRIP, ONLY ACTUAL EXPENSES INCURRED BY THE ASSOCIATE FOR MEALS, ROOM, TRANSPORTATION, AND OTHER BUSINESS-RELATED EXPENSES WILL BE REIMBURSED. THE EXPENSE REPORTS ARE REVIEWED AND APPROVED BY THE CFO OR VP OF FINANCE TWICE A YEAR. |
| PART I, LINE 4B | THE CEO'S EMPLOYER MATCH AMOUNT FOR 403B PLAN WAS $4,722 AND FOR THE 457 PLAN THE MATCH WAS $6,578. |
| PART I, LINE 6 | BONUS COMPENSATION OF PERSONS LISTED IN FORM 990,PART VII, SECTION A, LINE 1A IS CALCULATED BASED IN PART ON NET EARNINGS OF THE ORGANIZATION CONSOLIDATED WITH THE NET EARNINGS OF THE RELATED ORGANIZATIONS, GOODWILL INDUSTRIES OF THE VALLEY WORKS (27-0953369) AND GOODWILL INDUSTRIES OF THE VALLEY, INC. (54-0884014).BONUS PAYMENTS ARE BASED ON MANAGEMENT REACHING GOALS APPROVED BY THE INDEPENDENT BOARD AT THE ONSET OF THE YEAR AND ACCRUED THROUGHOUT THE YEAR. GOAL AREAS INCLUDE REVENUE, SAFETY, TURNOVER, NET EARNINGS, AND UNQUALIFIED AUDITS. FINAL DETERMINATION AND PAYMENT IS APPROVED UPON RECEIPT OF AN UNQUALIFIED AUDIT OPINION FROM THE INDEPENDENT AUDITORS. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IDA BOTETOURT COUNTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521325578 | IssuerEIN |
| Date Issued | 2007-12-21 | DateIssued |
| Issue Price | 6400000 | IssuePrice |
| Description Of Purpose | THE PURCHASE OF REAL ESTATE AND EQUIPMENT FOR THE JOBS CAMPUS. | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 6400000 | TotalProceeds |
| Capitalized Interest | 449835 | CapitalizedInterest |
| Issuance Costs From Proceeds | 92997 | IssuanceCostsFromProceeds |
| Capital Expenditures | 6307003 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 1 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS SIGNED BY THE CEO AND ELECTRONICALLY SUBMITTED TO THE IRS. THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE FILING THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS MUST COMPLETE AND SIGN A DISCLOSURE FORM ANNUALLY THAT STATES THEY HAVE READ, AGREE WITH, AND ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANY GOVERNING BOARD MEMBER HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE OR USE HIS PERSONAL INFLUENCE ON THE MATTER, AND HE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHEN PERMITTED BY LAW. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO COMPENSATION IS APPROVED BY A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT BOARD MEMBERS. THE COMMITTEE RECEIVES AN ANNUAL MARKET VALUATION OF COMPENSATION FROM AN INDEPENDENT THIRD PARTY PROVIDER. THE COMPENSATION COMPARISONS ARE CONCENTRATED ON TOP POSITIONS AT TAX-EXEMPT ORGANIZATIONS WITH AN OPERATING BUDGET OF APPROXIMATELY $45-50 MILLION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | GOODWILL MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. | |
| PART IX: | THE ORGANIZATION INCLUDES THE ADMINISTRATIVE EXPENSES FOR THE TWO RELATED ENTITIES GOODWILL INDUSTRIES OF THE VALLEY WORKS AND GOODWILL OF THE VALLEYS FOUNDATION. THE MANAGEMENT TO TOTAL EXPENSE RATIO REFLECTING ALL THREE ENTITIES IS 12% IN THE CURRENT YEAR. | MANAGEMENT EXPENSES: |
| FORM 990, PART XI, LINE 9: | TRANSFER OF ASSETS FROM RELATED ORGANIZATION BEFORE TERMINATION 1,553,357. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | GOODWILL HAS VARIOUS COMMITTEES (AUDIT, EXECUTIVE AND FINANCE) THAT ASSUME THE CORRESPONDING RESPONSIBILITIES FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT, AS WELL AS THE REVIEW OF THE FINANCIAL STATEMENTS. | EXPLANATION |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| GOODWILL INDUSTRIES OF THE VALLEYS FOUNDATION INC | ||||||||||
| 2502 MELROSE AVENUE NW | ROANOKE | VA | 24017 | 541342212 | PART VII | VA | 501(C)(3) | LINE 11B | GOODWILL INDUSTRIES OF THE VALLEYS INC | 1 |
| GOODWILL INDUSTRIES OF THE VALLEY WORKS | ||||||||||
| 2502 MELROSE AVENUE NW | ROANOKE | VA | 24017 | 270953369 | PART VII | VA | 501(C)(3) | LINE 11A | GOODWILL INDUSTRIES OF THE VALLEYS INC | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| GOODWILL INDUSTRIES OF THE VALLEY WORKS | ||
| E | 1590469 | INTERCOMPANY BALANCES |
| GOODWILL INDUSTRIES OF THE VALLEY WORKS | ||
| J | 1127774 | EXPENSES INCURRED |
| GOODWILL INDUSTRIES OF THE VALLEY WORKS | ||
| L | 3582522 | MANAGEMENT EXPENSES |
| GOODWILL FOUNDATION | ||
| S | 1553357 | FMV SECURITIES |
Form990 Schedule R Part VII Form990ScheduleRPartVII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PRIMARY ACTIVITY | PART II, LINE 1B | RAISE FUNDS TO SUPPORT PEOPLE WITH DISABILITIES AT GOODWILL INDUSTRIES OF THE VALLEYS, INC. |
| PRIMARY ACTIVITY | PART II, LINE 2B | OPERATED EXCLUSIVELY FOR THE BENEFIT OF GOODWILL INDUSTRIES OF THE VALLEYS, INC. |
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