2013-10-07T09:54:23-05:00 2012-12-31 461497033 EKS&H LLLP 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372521 990 2012-01-01 840405513 GOODWILL INDUSTRIES OF DENVER GOOD 3036507700 6850 N FEDERAL BLVD DENVER CO 80221 JESSE WOLFF 3036507700 2013-10-04 1 CRAIG R CHOUN P00173718 3037409400 2012 2016-02-24 21:20:13Z STUART DAVIE 6850 N FEDERAL BLVD DENVER CO 80221 63036086 0 X WWW.GOODWILLDENVER.ORG X 1918 CO PROVIDE EDUCATION, CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES TO HELP COLORADANS IN NEED. 18 18 1952 1360 0 0 24835211 35248135 25776689 26799587 801925 112892 184606 184730 51598431 62345344 43688 23500 0 0 28549971 36540766 0 0 680911 21510211 26940475 50103870 63504741 1494561 -1159397 55152730 56739338 9572933 11230348 45579797 45508990 GOODWILL PROVIDES EDUCATION, CAREER DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES TO HELP COLORADANS IN NEED ACHIEVE SELF-SUFFICIENCY, DIGNITY AND HOPE THROUGH THE POWER OF WORK. 0 0 45775135 21780850 RETAIL OPERATIONS - A PIONEER IN USING A PROFITABLE SOCIAL ENTERPRISE MODEL TO DELIVER HUMAN SERVICE PROGRAMS, GOODWILL OPERATES 24 STORES AND 3 RETAIL OUTLETS IN THE DENVER METRO AREA AND NORTH COLORADO. GOODWILL IS "GREEN", RECYCLING MILLIONS OF POUNDS OF USED GOODS PER YEAR. GOODWILL'S RETAIL OPERATIONS EMPLOY OVER 969 INDIVIDUAL OF WHOM 59% ARE DISABLED OR DISADVANTAGED. NET REVENUES FROM RETAIL OPERATIONS ALSO PROVIDE PARTIAL FUNDING FOR WORKFORCE DEVELOPMENT PROGRAMS. 8408493 23500 5018737 WORKFORCE DEVELOPMENT PROGRAMS - IN ITS EFFORTS TO REVERSE THE CYCLE OF POVERTY, GOODWILL'S PROGRAMS SERVE AT-RISK YOUTH, STRUGGLING FAMILIES AND INDIVIDUALS WITH DISABILITIES, HELPING THEM OVERCOME BARRIERS TO EMPLOYMENT AND BE SUCCESSFUL AND SELF-SUFFICIENT THROUGH EDUCATION, SELF-EMPOWERMENT, AND EMPLOYMENT. DURING THE 2011/2012 PROGRAM YEAR, GOODWILL SERVED 18,000 YOUTH, 3,287 ADULTS, AND 320 DISABLED INDIVIDUALS FOR A TOTAL OF 21,607 PEOPLE SERVED. 54183628 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 343 0 1 1952 1 0 0 0 0 0 1 1 0 0 0 1 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAEL PRITCHARD 3036507700 6850 N FEDERAL BLVD DENVER CO 80221 GREGORY BALL 2.00 X 0 0 0 KELLY BROUGH 2.00 X 0 0 0 PAUL DEMETTER 2.00 X 0 0 0 MICHAEL EBEDES 2.00 X X 0 0 0 C DALE FLOWERS 2.00 X 0 0 0 VANECIA KERR 2.00 X 0 0 0 HAROLD KLAUSNER 2.00 X 0 0 0 JEAN LAWHEAD 2.00 X X 0 0 0 DAVID LEONARD 2.00 X 0 0 0 DERRICK MAES 2.00 X 0 0 0 SCOTT MAIERHOFER 2.00 X 0 0 0 CARRIE MESCH 2.00 X X 0 0 0 TODD MUNSON 2.00 X 0 0 0 BRIAN ONDRE 2.00 X 0 0 0 DEB QUINBY 2.00 X 0 0 0 W DEAN SALTER 2.00 X X 0 0 0 DAWN TAYLOR OWENS 2.00 X 0 0 0 SCOTT WORRELL 2.00 X 0 0 0 JENNIFER WOZNIAK 2.00 X 0 0 0 CLIFFORD E YOUNG 2.00 X 0 0 0 JESSE WOLFF 40.00 X 257735 0 19715 SHARON L KERMIET 40.00 X 134331 0 15390 DAVID R BRUNICK 40.00 X 131101 0 12255 JEFFREY L AYERS 40.00 X 144296 0 10833 RANDOLPH J DOHNE 40.00 X 136269 0 15255 JOYCE K SCHLOSE 40.00 X 124126 0 14950 KRISTEN S BLESSMAN 40.00 X 116081 0 14815 THOMAS E WELKER 0.00 X 198877 0 0 1242816 0 103213 11 1 1 0 JP CONSTRUCTION SERVICES 9200 W CROSS DRIVE 210 LITTLETON CO 80123 BUILDING CONTRACTOR 1550047 SUKLE ADVERTISING & DESIGN 2430 W 32ND AVENUE DENVER CO 80211 ADVERTISING 342789 JORDY CONSTRUCTION 1212 S BROADWAY STE 100 DENVER CO 80210 BUILDING CONTRACTOR 127429 3 186453 35061682 33292275 35248135 PROCESSING AND SALES 900099 21780850 21780850 WORKFORCE DEVELOPMENT 900099 5018737 5018737 26799587 415303 415303 428378 178626 249752 249752 249752 287675 14736 -287675 -14736 -302411 -302411 72700 186453 209705 -137005 -137005 OTHER REVENUE 900099 71983 71983 71983 62345344 26871570 0 225639 23500 23500 427171 427171 29042358 25491699 3191207 359452 618336 513775 92495 12066 4214932 3708975 468977 36980 2237969 1943007 268047 26915 58166 6458 51708 52800 52800 64633 14253 50380 2222469 1129872 1070778 21819 1898299 41628 1813202 43469 4229655 3837460 304712 87483 8792912 8757338 32916 2658 440613 290880 130318 19415 145841 145841 159624 159624 3341567 3156354 179124 6089 389452 370070 17898 1484 EQUIP. RENTAL & REPAIR 1279352 1247494 30918 940 NEW & RETURNED GOODS 1094105 1094105 ASSISTANCE TO CLIENTS 1045901 1045901 TRASH REMOVAL 687200 686165 1035 1037886 678853 296892 62141 63504741 54183628 8640202 680911 2115099 1860869 23153 5042001 25000 0 1078025 634905 1181699 1309912 276265 863649 57792220 25526140 31426687 32266080 18725387 14448800 301415 313122 55152730 56739338 3603528 5023309 353126 681060 3885000 3565000 1731279 1960979 9572933 11230348 X 45502573 45424310 29568 31623 47656 53057 45579797 45508990 55152730 56739338 -1159397 1088590 0 X X 0 1 X 1 0 X 13445311 15018240 19029272 24835211 35248135 107576169 19667480 22561234 24957661 25776689 26799587 119762651 33112791 37579474 43986933 50611900 62047722 227338820 21665 19845 9254 16008 32233 99005 0 21665 19845 9254 16008 32233 99005 227239815 981270 709319 847033 815078 843681 4196381 981270 709319 847033 815078 843681 4196381 90316 144683 234999 34094061 38288793 44833966 51517294 63036086 231770200 0.98050 0.97660 0.01810 0.02250 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENT GROSS RECEIPTS - 2011 AMOUNT: $ 80,306. 2012 AMOUNT: $ 72,700. OTHER REVENUE - 2011 AMOUNT: $ 10,010. 2012 AMOUNT: $ 71,983. 21600 21600 62737597 62759197 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 18500 18982 18610 21600 77692 250000 250000 250000 250000 1000000 1500000 PART IV, SUPPLEMENTAL INFORMATION: LOBBYING CONSISTS OF EXPENSES INCURRED FOR INFORMATION APPRISING GOODWILL OF LEGISLATIVE ISSUES RELATED TO NON-PROFIT ORGANIZATIONS AND THE DEVELOPMENTALLY DISABLED. 12377734 3399542 1118912 771390 16124798 13039317 120635 -334920 447298 12377734 12159046 215978 1286293 622000 13039317 10453649 25000 2333397 653000 12159046 14704705 159603 -3726659 684000 10453649 0.99670 0.00330 1 0 7921425 7921425 25140586 11259389 13881197 7107661 2303963 4803698 16494882 11133853 5361029 1127666 828935 298731 32266080 TENANT DEPOSITS 11320 INTEREST RATE SWAP 168530 DEFERRED LEASE INCENTIVES 1781129 1960979 X 63642980 1088590 30420 178626 1297636 62345344 0 62345344 63713787 30420 178626 209046 63504741 0 63504741 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE GOODWILL INDUSTRIES OF DENVER ENDOWMENT FUND (THE ENDOWMENT FUND) IS TO SUPPORT NEW OR EXPANDING PROGRAMS OF GOODWILL INDUSTRIES OF DENVER. IN RECENT YEARS, GOODWILL HAS USED DISTRIBUTIONS FROM THE ENDOWMENT FUND TO PARTIALLY FUND YOUTH SERVICES PROGRAMS. A SECOND ENDOWMENT FUND IS HELD AND INVESTED FOR THE BENEFIT OF GOODWILL INDUSTRIES OF DENVER BY THE COMMUNITY FIRST FOUNDATION. THE INTENDED USE OF THIS FUND IS TO PROVIDE FUNDING FOR EDUCATIONAL ASSISTANCE FOR GOODWILL EMPLOYEES AND PROGRAM PARTICIPANTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: GOODWILL FOLLOWS THE GUIDANCE OF ACCOUNTING STANDARDS CODIFICATION TOPIC 820, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2012. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS MANAGEMENT AND GENERAL EXPENSE. NO MATERIAL INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2012. TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION INCLUDE 2009 THROUGH 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE 178,626. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED WITH REVENUE 178,626. GOLF TOURNAMENT 176271 157071 19200 632 2500 23614 4965 58436 ANNUAL LUNCHEON 61060 25060 36000 372 14780 24650 27096 1 21822 4322 17500 850 20275 20275 7000 4260 259153 186453 72700 850 1004 37555 68539 11965 89792 209705 -137005 1 YOUTH SERVICES / EDUCATION 39 23500 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH STUDENT RECEIVING A SCHOLARSHIP THROUGH GOODWILL IS REQUIRED TO SUBMIT A CLASS SCHEDULE/REGISTRATION TO STAFF TO PROVE THEIR ENROLLMENT. THE SCHOLARSHIP FUNDS ARE THEN SENT DIRECTLY TO EACH SCHOOL'S CASHIER'S OFFICE WHO DISBURSES THE FUNDS TO PAY FOR STUDENT TUITION/NEEDS. IF A STUDENT DOES NOT REPORT TO CLASS GOODWILL STAFF IS NOTIFIED BY THE SCHOOL'S CASHIER. X X X X 1 0 0 1 0 1 0 0 0 JESSE WOLFF 230903 0 26832 0 0 0 9340 0 10375 0 277450 0 0 0 JEFFREY L AYERS 126563 0 17733 0 0 0 4880 0 5953 0 155129 0 0 0 RANDOLPH J DOHNE 121238 0 15031 0 0 0 4880 0 10375 0 151524 0 0 0 THOMAS E WELKER 0 0 0 0 198877 0 0 0 0 0 198877 0 0 0 PART I, LINE 4A THOMAS WELKER, FORMER CEO OF GOODWILL INDUSTRIES OF DENVER, RECEIVED SEVERANCE PAYMENTS OF $198,877 IN 2012. A REMAINING PAYMENT OF $68,257 IS DUE OVER A ONE-YEAR PERIOD ENDING MAY 2013. PART I, LINE 5 PART OF THE PAY STRUCTURE FOR CERTAIN RETAIL AND OPERATIONS PERSONNEL INCLUDES BONUSES BASED ON GROSS REVENUE RESULTS AND CERTAIN OTHER GOALS. PART I, LINE 6 PART OF THE PAY STRUCTURE FOR MANAGERS AND DIRECTORS AND FOR THE EXECUTIVE TEAM (PRESIDENT/CEO AND VICE PRESIDENTS) INCLUDES BONUSES BASED ON NET REVENUE RESULTS AND OTHER BUSINESS RELATED GOALS. A COLORADO HEALTH FACILITIES AUTHORITY 840752932 196474V64 2004-12-16 7500000 BOND ISSUANCE COSTS, CREDIT ENHANCEMENT AND REFUND PRIOR ISSUE 0 0 0 A 7500000 201929 7298071 2005 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 JPMORGAN CHASE BANK 4.000000000000 0 0 0 0 0 A 0 JP MORGAN A GID BOARD MEMBER IS THE PRESIDENT OF THE COLORADO REGION OF JP MORGAN. 790000 GOODWILL BANKS WITH AND PAYS CREDIT CARD AND LETTER-OF-CREDIT FEES TO JP MORGAN. 0 DELTA DENTAL COLORADO A GID BOARD MEMBER IS A VICE PRESIDENT AT DELTA DENTAL. 199000 GOODWILL PURCHASES DENTAL INSURANCE THROUGH DELTA DENTAL. 0 X 32729739 SEE SCHEDULE O X 323 562536 SELLING PRICE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION USES A THIRD-PARTY TO COLLECT AND PROCESS ALL CAR DONATIONS. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTE CONSISTS OF THE ELECTED OFFICERS DESCRIBED IN THE BY-LAWS OF THE ORGANIZATION WHO ARE ALSO DIRECTORS OF THE CORPORATION, UP TO FIVE ADDITIONAL DIRECTORS DESIGNATED BY THE BOARD OF DIRECTORS, EACH OF THE CHAIRS OF THE NOMINATING AND GOVERNANCE COMMITTEE AND FINANCE AND AUDIT COMMITTEE, AND THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE EXECUTIVE COMMITTEE SHALL HAVE ALL OF THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD, EXCEPT FOR SPECIFIC ACTIONS AS PRESCRIBED IN THE REVISED NONPROFIT CORPORATION ACT AND THE BY-LAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS RECEIVED AND APPROVED BY GOODWILL'S FINANCE & AUDIT COMMITTEE AND IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C GOODWILL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED ANNUALLY TO DISCLOSE IN WRITING ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. TRANSACTIONS RESULTING IN CONFLICTS OF INTEREST OR PERCEIVED CONFLICTS OF INTEREST ARE PRESENTED TO THE BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS ANNUALLY THE COMPENSATION OF THE PRESIDENT/CEO AND THE VICE PRESIDENTS OF THE ORGANIZATION. LOCAL AND NATIONAL SALARY SURVEYS FOR SIMILAR POSITIONS ARE REVIEWED BY THE COMPENSATION COMMITTEE AS PART OF ITS ASSESSMENT, AND THE COMMITTEE APPROVES SPECIFIC SALARY LEVELS. THE COMPENSATION COMMITTEE'S ASSESSMENT AND APPROVALS ARE DOCUMENTED IN THE MINUTES OF ITS MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND TAX RETURN ARE AVAILABLE UPON WRITING: 6850 FEDERAL BLVD, DENVER, CO 80221 OR BY TELEPHONE: (303) 650-7700. OVERSIGHT OF THE AUDIT PROCESS FORM 990, PART XII, LINE 2C GOODWILL'S FINANCE & AUDIT COMMITTEE MEETS ANNUALLY WITH REPRESENTATIVES OF ITS INDEPENDENT AUDITING FIRM TO REVIEW THE RESULTS OF THE AUDIT. AN EXECUTIVE MEETING WITHOUT STAFF PRESENT IS HELD AT THAT TIME. THERE HAS BEEN NO CHANGE IN THE PROCESS OF OVERSIGHT OF THE AUDIT FROM THE PRIOR YEAR. METHOD OF VALUATION SCHEDULE M, LINE 5 FAIR VALUE OF CONTRIBUTED INVENTORY IS THAT PORTION OF RETAIL SALES VALUE WHICH EXCEEDS THE COST OF PREPARING THE MERCHANDISE FOR SALE. THIS IS BASED ON THE PREMISE THAT CONTRIBUTED MERCHANDISE WHEN RECEIVED IS OF MINIMAL VALUE TO GOODWILL. IT IS ONLY THROUGH THE VALUE ADDED PROCESS THAT THE VAST MAJORITY OF CONTRIBUTED MERCHANDISE CAN HAVE FAIR VALUE FOR GOODWILL. AS IT RELATES TO DETERMINATION OF FAIR VALUE, THIS VALUATION CONSIDERS THE RECEIPT AND SUBSEQUENT SALE OF CONTRIBUTED INVENTORY TO REPRESENT A SINGLE TRANSACTION IN THE DETERMINATION OF FAIR VALUE.