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 270953369 GOODWILL INDUSTRIES OF THE VALLEY WORKS 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 34121952 0 X WWW.GOODWILLVALLEYS.COM X 2009 VA HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. 19 19 1397 19 0 0 27494682 29981580 31229 42694 105597 1025 1156347 1501642 28787855 31526941 0 0 0 0 13963528 14320955 0 0 0 11539650 12985782 25503178 27306737 3284677 4220204 4603440 9105381 1297541 1579278 3305899 7526103 TO HELP PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. 0 0 27306737 1545336 THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF GOODWILL INDUSTRIES OF THE VALLEYS, INC. (FEIN 54-0884014) THROUGH THE OPERATION OF RETAIL STORES, DISTRIBUTION CENTERS, AND INDUSTRIAL COMMERCIAL BUSINESS BY COLLECTING INCOME FROM THESE OPERATIONS AND TURNING OVER THE ENTIRE AMOUNT OF INCOME LESS EXPENSES AND NECESSARY RESERVES TO GOODWILL TO FURTHER THE SERVICES PROVIDED THEREIN. IN CONJUNCTION WITH THE FINANCIAL SUPPORT OF GOODWILL, THE ORGANIZATION ALSO PROVIDES SERVICES TO INDIVIDUALS WITH BARRIERS TO EMPLOYMENT BY AFFORDING THEM THE OPPORTUNITY OF EMPLOYMENT IN ONE OF THE RETAIL STORES OR INDUSTRIAL COMMERCIAL BUSINESSES AND PROVIDING THE TRAINING, COACHING, SUPPORT, AND COUNSELING TO IMPROVE THEIR SUCCESS IN MAINTAINING EMPLOYMENT AND EXPERIENCING THE PRIDE OF EARNING A PAYCHECK. 27306737 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 0 0 0 0 1 39 0 1 1397 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 0 0 VA X THE CORPORATION 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 X ROBERT A 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 R CONLIN 1.00 X 0 0 0 SHARON H 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 0 249530 28014 JERRY KITE 40.00 X 114685 0 11587 LINDA LAMONA 40.00 X 0 137645 8565 PHIL JONES 40.00 X 0 120503 12029 LINDA MATTHEWS 40.00 X 0 120228 11685 JIM SHAVER 40.00 X 0 116699 11696 MARLA JACKSON X 0 113580 1086 114685 858185 84662 1 1 1 0 FRESH LOOK CLEANING LLC 3358 HOOPER ROAD FOREST VA 24551 JANITORIAL 210773 ALLIED WASTE SERVICE P O BOX 9001099 LOUISVILLE KY 402901099 GARBAGE DISPOSAL 122726 PENSKE TRUCK LEASING CO P O BOX 5326658 ATLANTA GA 303532658 TRUCK LEASING/REPAIRS 106774 3 29981580 29981580 29981580 HARLAN (STITCHER REPAI 561300 33863 33863 FOUNDATION USER FEE 561300 8400 8400 PROGRAM FEES 561300 431 431 42694 25 25 1000 1000 1000 1000 4044738 2595011 1449727 1449727 MISCELLANEOUS REVENUE 561300 8495 8495 SALES TAX DISCOUNT 900099 7304 7304 RECYCLING SALES 561300 3569 3569 32547 32547 51915 31526941 1545336 0 25 11276618 11276618 2114272 2114272 930065 930065 3368572 3368572 3901 3901 147542 147542 14142 14142 3289 3289 83483 83483 6170722 6170722 624655 624655 234154 234154 9709 9709 257056 257056 GIV - LEASE FEES 730445 730445 DIRECT SUPPLIES & MATER 672711 672711 DIRECT EXPENSE 354518 354518 FREIGHT AND SHIPPING 14531 14531 296352 296352 27306737 27306737 0 0 2941169 5445290 49479 78332 563839 670820 127174 156528 325931 335631 595848 2418780 4603440 9105381 1116061 1521415 181480 57863 1297541 1579278 X 3304899 7525535 1000 568 3305899 7526103 4603440 9105381 4220204 0 X X 0 1 1 X 0 X X X X 0 0 0 GOODWILL INDUSTRIES OF THE VALLEYS INC 540884014 7 1 1 1 4220204 1 4220204 0 DUE FROM AFFILIATE 2374732 DEPOSITS 44048 2418780 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FEDERAL INCOME TAX RETURNS OF THE ORGANIZATION FOR 2010(INITIAL RETURN) 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. PRIOR TO 2010 THE ORGANIZATION WAS COMBINED WITH GOODWILL INDUSTRIES OF THE VALLEYS, INC. (EIN:54-0884014). X 1 1 X X X X X 0 0 0 0 0 1 1 0 0 BRUCE PHIPPS 0 226225 0 20000 0 3305 0 11620 0 16394 0 277544 0 0 MARLA JACKSON 0 102523 0 9000 0 2057 0 685 0 401 0 114666 0 0 PART I, LINE 1B CEO HAS COMPANION TRAVEL EXPENSE REIMBURSED TWICE A YEAR TO GOODWILL INDUSTRIES MEMBER EVENTS. PART 1, LINE 1C: THE CEO'S AMOUNT FOR 403B PLAN WAS $4,711 AND FOR 457 PLAN WAS $6,909. PART I, LINE 6 CEO BONUS COMPENSATION IS CALCULATED BASED IN PART ON NET EARNINGS OF THE ORGANIZATION CONSOLIDATED WITH THE NET EARNINGS OF THE RELATED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS, INC. (54-0884014). SUPPLEMENTAL INFORMATION PART III THE CEO'S AND CFO'S LISTED AMOUNT IS NOT PAID FROM THIS COMPANY, RATHER IT IS THE SAME ANNUAL SALARY AS LISTED ON THE RELATED COMPANY, GOODWILL INDUSTRIES OF THE VALLEYS, INC., AND AS SUCH IS PAID BY THAT COMPANY ONLY. X 29794733 RESALE VALUE X 50 64680 AUCTION PRICE X 3 1000 AUCTION PRICE X RECYCLED DELL COMPUTERS 4935 121167 9 CENTS PER POUND 0 0 1 THIRD PARTY USE: PART I, LINE 32B: GOODWILL CONTRACTS WITH ROANOKE AUTO AUCTION TO PROCESS AND SELL THE DONATED VEHICLES. 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 ORGANIZATION'S 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 A. 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 R. CONLIN - 1510 WILLAMSON ROAD, ROANOKE, VA 24012. SHARON H. 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 VALLEY WORKS PREPARES CONSOLIDATED FINANCIAL STATEMENTS WHICH ARE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. GOODWILL INDUSTRIES OF THE VALLEY WORKS IS CONSOLIDATED WITH GOODWILL OF THE VALLEYS FOUNDATION, INC. AND GOODWILL INDUSTRIES OF THE VALLEYS, INC. 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 VALLEYS INC 2502 MELROSE AVENUE NW ROANOKE VA 24017 540884014 PART VII VA 501(C)(3) 170(B)(1)(A)(VI) N/A 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 GOODWILL INDUSTRIES OF THE VALLEYS INC D 2374732 AMOUNT LOANED GOODWILL INDUSTRIES OF THE VALLEYS INC J 1114247 EXPENSES INCURRED BY VALLEYS GOODWILL INDUSTRIES OF THE VALLEYS INC L 3368572 EXPENSES INCURRED BY VALLEYS 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 HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE.