2012-05-15T13:29:05-05:00 2011-12-31 540504608 BROWN EDWARDS & COMPANY LLP 2215 LANGHORNE ROAD SUITE 102 LYNCHBURG VA 24501 990 2011-01-01 540884014 GOODWILL INDUSTRIES OF THE VALLEYS INC GOOD 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 BRUCE PHIPPS 5405810620 2012-05-15 1 SONNY WALKER MORRIS P00371215 4349489000 2011 2016-02-24 21:20:13Z BRUCE PHIPPS 2502 MELROSE AVENUE NW ROANOKE VA 24017 16684462 0 X WWW.GOODWILLVALLEYS.COM X 1970 VA HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. 19 19 993 373 0 0 430367 248255 12178572 11067974 37649 92686 4210981 5275547 16857569 16684462 0 0 0 0 12183008 12308176 0 0 0 6423968 6166268 18606976 18474444 -1749407 -1789982 23670872 23306451 10834434 12259995 12836438 11046456 X TO HELP PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. 0 0 4154191 3110619 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. 8013206 7957355 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 OPPORTUNTIES. 823486 5275547 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. 823486 5275547 12990883 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 45 0 1 993 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 0 0 VA X THE CORPORATION 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 X ROBERT ARCHER 1.00 X 0 0 0 HARVEY BROOKINS JR 1.00 X 0 0 0 NEIL BIRKHOFF 1.00 X 0 0 0 LEWIS BISHOP 1.00 X 0 0 0 EDWARD GARNER 1.00 X 0 0 0 JANE CONLIN 1.00 X 0 0 0 SHARON JOHNSON 1.00 X 0 0 0 LISA ISON 1.00 X 0 0 0 RHONDA SHANNON 1.00 X 0 0 0 JEFFREY A VAN DOREN 1.00 X 0 0 0 KHALED HASSOUNA 1.00 X 0 0 0 MATT WEBB 1.00 X 0 0 0 WILLIAM WHITE 1.00 X 0 0 0 RANDALL A YOUNG 1.00 X 0 0 0 DHARMENDRA PATEL 1.00 X 0 0 0 JEFFREY GLENN 1.00 X 0 0 0 JOHN COKER 1.00 X 0 0 0 HOWARD LYON 1.00 X 0 0 0 MELINDA PAYNE 1.00 X 0 0 0 BRUCE PHIPPS 40.00 X 249530 0 28014 LINDA LAMONA 40.00 X 137645 0 8565 JIM SHAVER 40.00 X 116699 0 11696 PHIL JONES 40.00 X 120503 0 12029 LINDA MATTHEWS 40.00 X 120228 0 11685 JERRY KITE 40.00 X 0 114685 11587 MARLA JACKSON X 113580 0 1086 858185 114685 84662 8 1 1 0 LIONBERGER CONSTRUCTION CO P O BOX 20209 ROANOKE VA 24018 CONSTRUCTION 258509 NEW RIVER VALLEY SENIOR SERVICE 141 EAST MAIN STREET SUITE 500 PULASKI VA 24301 TRANSPORTATION SERVICES 178110 WASHENBERGER CONSTRUCTION 2746 WEST MAIN STREET SALEM VA 24153 CONSTRUCTION 121878 ESI ELECTRONIC SYSTEMS 369 EDWIN DRIVE VIRGINIA BEACH VA 234624522 PREVENTIVE MAINT/SUPPORT 106131 NEWBILL CONSTRUCTION 105 DARLINGTON DRIVE ROCKY MOUNT VA 24151 CONSTRUCTION 104854 5 113683 134572 26926 248255 PROGRAM FEES 561300 11067974 11067974 11067974 69446 69446 23240 23240 23240 23240 704799 704799 704799 MANAGEMENT FEES - GIV 541610 3368572 3368572 GIV WORKS-LEASE FEE 561300 1114247 1114247 REGISTRATION AND USER 561300 22763 22763 65166 65166 4570748 16684462 16343521 0 92686 250258 250258 10261764 8311481 1950283 1028914 796023 232891 767240 610211 157029 22174 22174 143629 82454 61175 236917 88006 148911 137469 4815 132654 262882 126983 135899 1406922 458499 948423 570363 512842 57521 540484 62031 478453 178317 178317 510747 61838 448909 74791 40942 33849 DIRECT PROGRAM EXPENSES 1567830 1567830 DIRECT SUPPLIES 169340 167536 1804 OTHER EXPENSES 152868 20054 132814 OTHER PLUS DUES & SUBSC 134529 46131 88398 57006 33207 23799 18474444 12990883 5483561 0 153813 260939 5286183 5611970 288757 140231 2238615 1647762 103798 183352 24461747 9586456 14784116 14875291 555554 308892 260036 278014 23670872 23306451 1755575 1560287 210548 149274 7454789 6879988 1413522 3670446 10834434 12259995 X 12649534 10888210 186904 158246 12836438 11046456 23670872 23306451 -1789982 0 X X 0 1 1 X 1 1 X 8482370 34134001 17257616 8233144 8706224 76813355 8482370 34134001 17257616 8233144 8706224 76813355 76813355 333043 132025 10459 23774 69446 568747 134421 24836 159257 140750 83430 90017 133213 110589 557999 78099358 128572099 0.98350 0.97940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2127323 2127323 12639005 2493947 10145058 1733741 1242620 491121 7875619 5849889 2025730 86059 86059 14875291 SWAP CONTRACT ON LONG-TERM DEBT-SOUTHERN BOND 233832 SWAP CONTRACT ON LONG-TERM DEBT-MELROSE BOND 1061882 DUE TO AFFILIATES 2374732 3670446 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION FOR 2009, 2010, AND 2011 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 THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION FOR INDIVIDUAL DONORS. X 1 1 X X X X X 0 0 0 0 0 1 1 0 0 BRUCE PHIPPS 226225 0 20000 0 3305 0 11620 0 16394 0 277544 0 0 0 MARLA JACKSON 102523 0 9000 0 2057 0 685 0 401 0 114666 0 0 0 PART I, LINE 1A CEO HAS COMPANION TRAVEL EXPENSE REIMBURSED TWICE A YEAR TO GOODWILL INDUSTRIES MEMBER EVENTS. PART II, LINE 1C: THE CEO'S AMOUNT FOR 403B PLAN WAS $4,711 AND FOR 457 PLAN WAS $6,909. PART I, LINE 6 BONUS COMPENSATION OF PERSON'S 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 ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEY WORKS (27-0953369). IDA BOTETOURT COUNTY 521325578 2007-12-21 6400000 THE PURCHASE OF REAL ESTATE AND EQUIPMENT FOR THE JOBS CAMPUS. 0 0 0 6400000 449835 92997 6307003 2009 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 X RECYCLED DELL COMPUTERS 4935 26926 2 CENTS PER POUND 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS SIGNED BY THE CEO AND 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 ORGANIZATIONS CONFLICT OF INTEREST PLAN. FORM 990, PART VI, SECTION B, LINE 15A ORGANIZATION'S CEO COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. IN ESTABLISHING THE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT AS WELL AS A COMPENSATION STUDY. THERE IS ALSO A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 GOODWILL MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII JEFFREY GLENN - 111 FRANKLIN ROAD SE, SUITE 508, ROANOKE, VA 24011. JOHN COKER - 332 STONEHAVEN LANE, BLUE RIDGE, VA 24064. HOWARD LYON - PO BOX 13007, ROANOKE, VA 24030. MELINDA PAYNE - PO BOX 869, SALEM, VA 24153. ROBERT ARCHER - 44-46 BARLEY DR PO BOX 7000, SALEM, VA 24153. HARVEY BROOKINS JR - 201 SOUTH JEFFERSON STREET, ROANOKE, VA 24011. NEIL BIRKHOFF - 10 SOUTH JEFFERSON STREET SUITE 1400, ROANOKE, VA 24011. LEWIS BISHOP - 1813 E. MAIN STREET, SALEM, VA 24153. EDWARD GARNER - 3717 CHESTERTON STREET, SW, ROANOKE, VA 24018-1803. JANE CONLIN - 1510 WILLIAMSON ROAD, ROANOKE, VA 24012. SHARON JOHNSON - 122 WINDERMERE DRIVE, WAYNESBORO, VA 22980. LISA ISON - 3453 PERIWINKLE LANE, ROANOKE, VA 24014. RHONDA SHANNON - 213 S. JEFFERSON STREET, SUITE 812, ROANOKE, VA 24011. JEFFREY A VAN DOREN - POARCH VAN DOREN, 105 KEESLING AVE, SALEM, VA 24153. KHALED HASSOUNA - 1020 LEGACY DRIVE, BEDFORD, VA 24523. MATT WEBB - 111 FRANKLIN ROAD SE, SUITE 508, ROANOKE, VA 24011. WILLIAM WHITE - 902 LAFAYETTE BLVD., NW, ROANOKE, VA 24017. RANDALL A. YOUNG - 2008 AIRPORT ROAD, ROANOKE, VA 24012. DHARMENDRA PATEL - 2898 KEAGY ROAD, SALEM, VA 24083. PART XII, LINE 2C EXPLANATION 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. PART XII, LINE 2B EXPLANATION GOODWILL INDUSTRIES OF THE VALLEYS, INC. PREPARES CONSOLIDATED FINANCIAL STATEMENTS WHICH ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. GOODWILL INDUSTRIES OF THE VALLEYS, INC. IS CONSOLIDATED WITH GOODWILL OF THE VALLEYS FOUNDATION, INC. AND GOODWILL INDUSTRIES OF THE VALLEY WORKS WHICH ARE REPORTED ON SEPARATE 990 FORMS. GOODWILL OF THE VALLEYS FOUNDATION INC 2502 MELROSE AVENUE NW ROANOKE VA 24017 541342212 PART VII VA 501(C)(3) TYPE I N/A 0 GOODWILL INDUSTRIES OF THE VALLEY WORKS 2502 MELROSE AVENUE NW ROANOKE VA 24017 270953369 PART VII VA 501(C)(3) TYPE II N/A 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 GOODWILL INDUSTRIES OF THE VALLEY WORKS E 2374732 AMOUNT BORROWED GOODWILL INDUSTRIES OF THE VALLEY WORKS I 1114247 EXPENSES INCURRED GOODWILL INDUSTRIES OF THE VALLEY WORKS K 3368572 EXPENSES INCURRED 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.