2011-05-12T13:07:16-05:00 2010-12-31 RSM MCGLADREY INC 230 NORTH ELM STREET SUITE 1100 GREENSBORO NC 27401 990 2010-01-01 560844639 GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT INC GOOD 7043723434 PO BOX 668768 CHARLOTTE NC 28266 MICHAEL ELDER 7043723434 2011-05-09 ADRIENNE MCKINNEY 3362724551 2010 2016-02-24 21:20:13Z MICHAEL ELDER PO BOX 668768 CHARLOTTE NC 28266 35261662 0 X WWW.GOODWILLSP.ORG X 1949 NC THE PROCEEDS FROM THE SALES OF DONATED GOODS IN GOODWILL'S RETAIL STORES PROVIDES FUNDING FOR JOB TRAINING AND EMPLOYMENT SERVICES FOR INDIVIDUALS FACING BARRIERS TO EMPLOYMENT. IN 2010 NEARLY 600 GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT (GISP) ASSOCIATES HELPED CHANGE LIVES IN THE SOUTHERN PIEDMONT REGION, WHICH INCLUDES 13 COUNTIES IN NORTH CAROLINA AND FIVE COUNTIES IN SOUTH CAROLINA. GOODWILL BELIEVES THAT ALL PEOPLE SHOULD HAVE THE OPPORTUNITY TO DEVELOP TO THEIR FULLEST POTENTIAL THROUGH THE POWER OF WORK. WORK CREATES ECONOMIC ENERGY THAT BUILDS STRONG FAMILIES AND STRONG COMMUNITIES. GISP PROVIDED JOB TRAINING AND EMPLOYMENT SERVICES FOR 14,771 INDIVIDUALS IN 2010 AND PLACED 2,077 PEOPLE INTO PERMANENT AND TEMPORARY EMPLOYMENT. GISP IN 2010 WAS ABLE TO DIVERT MORE THAN 49 MILLION POUNDS OF GOODS FROM AREA LANDFILLS, INCLUDING MORE THAN 3.6 MILLION POUNDS OF ELECTRONIC WASTE. 21 21 1358 393 0 0 7141339 7712300 24200716 26617673 203927 235479 70021 47161 31616003 34612613 404245 450170 0 0 20038458 22465347 56147 0 263062 10361867 11435554 30860717 34351071 755286 261542 25580767 26700529 8560722 9382016 17020045 17318513 X CHANGING LIVES THROUGH THE POWER OF WORK. 0 0 21803163 1963 21803163 RETAIL PROGRAM: THE RETAIL PROGRAM OFFERS OPPORTUNITIES FOR INDIVIDUALS SEEKING TO DEVELOP AND BUILD THEIR SKILL SETS TO ENHANCE THEIR POTENTIAL FOR FUTURE EMPLOYMENT IN PRODUCTION, CUSTOMER SERVICE, RETAIL AND JANITORIAL CREWS. OUR RETAIL STORES PROVIDE SPECIALIZED TRAINING AND HANDS ON EXPERIENCE IN THESE AREAS THROUGH TEMPORARY AND/OR PERMANENT EMPLOYMENT. THE AGENCY PROVIDED APPROXIMATELY 146,000 HOURS OF TRAINING, OF WHICH THE RETAIL PROGRAM PROVIDED APPROXIMATELY 46,000 HOURS OF PAID WORK EXPERIENCE. RETAIL ALSO EMPLOYED 200 PEOPLE WITH PRIOR BARRIERS TO EMPLOYMENT TOTALING $4,929,000 IN PAYROLL DOLLARS. 5732956 400752 3238657 GOODWILL PROVIDES A VARIETY OF PROGRAMS THAT ASSESS AND IDENTIFY AN INDIVIDUAL'S ABILITIES, VOCATIONAL INTERESTS, JOB READINESS SKILLS AND TRAINING NEEDS, WHILE OFFERING INDIVIDUAL ASSISTANCE FROM GOODWILL STAFF MEMBERS. OTHER JOB TRAINING & SUPPORT PROVIDES INDIVIDUALS WITH SPECIALIZED TRAINING AND SKILL DEVELOPMENT NECESSARY TO GAIN EMPLOYMENT. GOODWILL ALSO ASSISTS WITH PAIRING EMPLOYERS WITH EMPLOYMENT SEEKING INDIVIDUALS BY MATCHING COMPATIBLE SKILL SETS, TALENTS, CAPABILITIES, AND EXPERIENCE WITH THE NEEDS OF THE EMPLOYER. IN 2010, 11,112 EMPLOYMENT AND TRAINING SERVICES WERE PROVIDED AND 1,441 INDIVIDUALS WERE PLACED IN EMPLOYMENT. 2078381 32189 1569929 GOODWILL'S BUSINESS VENTURE SERVICES IS MADE UP OF VARIOUS PROGRAMS, PRIMARILY CONSISTING OF RECYCLING, EBOOKS AND EMPLOYMENT PLACEMENT SERVICES. GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT OFFERS ASSET RECOVERY AND DE-MANUFACTURING SERVICES USING THE HIGHEST INDUSTRY STANDARDS FOR ENVIRONMENTAL SAFETY AND DATA SECURITY. THIS COMPUTER RECYCLING PROGRAM HAS DIVERTED TONS OF POTENTIAL WASTE FROM REACHING LANDFILLS. THIS MULTIFACETED PROGRAM HELPS GENERATE JOBS, PROVIDES A VALUABLE SERVICE TO THE COMMUNITY, GENERATES REFURBISHED COMPUTER INVENTORY FOR RESALE AND HELPS PRESERVE THE ENVIRONMENT. AS PART OF THE EMPLOYMENT PLACEMENT DIVISION, THE GOODWORK STAFFING PROGRAM SERVES AS A FULL SERVICE STAFFING AGENCY THAT PROVIDES TEMPORARY, TEMP TO HIRE, AND DIRECT PLACEMENT EMPLOYEES. THE PRIMARY PURPOSE OF GOODWORK STAFFING IS TO WORK WITH PEOPLE WITH EMPLOYMENT BARRIERS AND TO MATCH THEIR SKILLS WITH THE NEEDS OF PROSPECTIVE EMPLOYERS. IN 2010, GOODWORK STAFFING PROVIDED MORE THAN 82,000 PAID WORK HOURS AND ASSISTED WITH 2,529 JOB PLACEMENTS IN LIGHT INDUSTRIAL, WAREHOUSE, ADMINISTRATIVE SUPPORT, CUSTOMER SERVICE, AND HOSPITALITY EMPLOYMENT FIELDS. 794871 10540 4939 OCCUPATIONAL SKILLS TRAINING: GOODWILL WORKS CLOSELY WITH LOCAL EMPLOYERS TO DEVELOP IN-DEPTH PROGRAMS THAT PREPARE PEOPLE FOR JOBS IN SPECIFIC INDUSTRIES SUCH AS BANKING, CALL CENTERS AND CUSTOMER SERVICE, HOSPITALITY AND CONSTRUCTION. THIS PROGRAM SERVICE IS PARTIALLY FUNDED BY THE UNITED WAY. IN 2010, OCCUPATIONAL SKILLS TRAINING DELIVERED SERVICES TO 571 INDIVIDUALS AND PLACED 216 PEOPLE IN EMPLOYMENT. 587865 4726 985 CAREER DEVELOPMENT SERVICES MATCHES INDIVIDUAL SKILLS AND ABILITIES WITH THE NEEDS OF PROSPECTIVE EMPLOYERS, AND PROVIDES JOB READINESS AND LIFE SKILLS TRAINING TO HELP PREPARE INDIVIDUALS FOR THE WORLD OF WORK. RETENTION STRATEGIES ASSIST PARTICIPANTS IN MAINTAINING EMPLOYMENT AND EXPLORING CAREER DEVELOPMENT OPPORTUNITIES. IN 2010, CAREER DEVELOPMENT SERVICES DELIVERED SERVICES TO 6,280 INDIVIDUALS AND PLACED 420 PEOPLE IN EMPLOYMENT. 1382736 15266 5924 30997236 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 51 0 1 1358 1 0 0 0 0 0 0 0 0 0 1 0 X 21 21 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC SC X X X ANNE N IBEKWE 7043320338 2122 FREEDOM DRIVE CHARLOTTE NC 28208 BEV KOTHE 2.00 X X 0 0 0 DAVID HAGGART 1.00 X X 0 0 0 JIM SKIBBENS 1.00 X X 0 0 0 JB ABDULLAH 1.00 X 0 0 0 RENEE ALEXANDER SHERROD 1.00 X 0 0 0 ANDY ARNETTE 1.00 X 0 0 0 BLAS ARROYO 1.00 X 0 0 0 WAYNE DOZIER 1.00 X 0 0 0 DOUG ESAMANN 1.00 X 0 0 0 REGGIE ISSAC 1.00 X 0 0 0 CHERYL KELLER 1.00 X 0 0 0 JOHN QUINN 1.00 X 0 0 0 JENNIFER SCHWARZ 1.00 X 0 0 0 TONY SMITH 1.00 X 0 0 0 LYNN MURRAY 1.00 X 0 0 0 FRANCES QUEEN 1.00 X 0 0 0 HENRY LOMAX JR 1.00 X 0 0 0 TWYLA MCDERMOTT 1.00 X 0 0 0 SHERI MCGIRT 1.00 X 0 0 0 LAURA HAMPTON 1.00 X 0 0 0 LOU HAWKINS 1.00 X 0 0 0 CHIP HAYNES 1.00 X 0 0 0 MARILYNN BOWLER 1.00 X 0 0 0 LARITA BARBER 50.00 X 131787 0 10479 ANNE IBEKWE 55.00 X 120184 0 16120 MIA HINES 55.00 X 91384 0 21872 BO HUSSEY 60.00 X 93892 0 17815 BARBARA MAIDA-STOLLE 55.00 X 135900 0 20395 PAULETTE GRIFFIN 55.00 X 129186 0 21547 ROBIN CARSON 60.00 X 123481 0 19072 GARY BARRETT 55.00 X 145736 0 17237 MICHAEL ELDER 55.00 X 239943 0 38160 CHRISTOPHER JACKSON 50.00 X 15598 0 0 1227091 0 182697 7 0 1 0 PMC HOLDINGS INC 4400-A STUART ANDREW BVLD CHARLOTTE NC 28217 RENTAL OF REAL PROPERTY 252771 BENBROOKE FREEDOM PARTNERS LLC PO BOX 60137 CHARLOTTE NC 28260 RENTAL OF REAL PROPERTY 186284 MRD DEVELOPMENT LLC PO BOX 936 ALBERMARLE NC 28002 RENTAL OF REAL PROPERTY 186000 VERNON L FAIRCLOTH JR 1012 EAST BVLD CHARLOTTE NC 28203 RENTAL OF REAL PROPERTY 182500 COLLEGE PROPERTIES 13900 CONLAN CIRCLE STE 240 CHARLOTTE NC 28277 RENTAL OF REAL PROPERTY 141794 7 175600 1000 7535700 7186068 7712300 RETAIL PROGRAM 453310 21803163 21803163 GOV SVCE FEES & GRANTS 624310 3706514 3706514 ENVIRONMENTAL ENTERPRI 624310 577962 577962 GOODWORK STAFFING 624310 499014 499014 WORKFORCE DEVELOPMENT 624310 31020 31020 26617673 238622 238622 18000 18000 18000 18000 596465 598462 1146 -1997 -1146 -3143 -3143 53080 1000 49441 3639 3639 OTHER INCOME 624310 25522 25522 25522 34612613 26617673 0 282640 32187 32187 417983 417983 1409787 579783 706233 123771 16893531 15783836 1093396 16299 817024 640941 174843 1240 1572769 1568829 3060 880 1772236 1591192 168949 12095 1094950 816989 218979 58982 29874 18658 11216 53925 33681 20244 13048 8149 4899 269585 119568 126385 23632 2776076 2582801 178407 14868 4822665 4775534 45641 1490 486852 467679 18876 297 64040 47638 12206 4196 1541847 1447015 92014 2818 MEMBERSHIP DUES AND SUP 172543 7667 164092 784 MISCELLANEOUS 78035 28952 47566 1517 AWARDS AND RECOGNITION 32114 28154 3767 193 34351071 30997236 3090773 263062 30750 30950 4330513 3759398 88160 91571 629608 704594 2399550 2487763 298595 334928 25236393 12050900 13048950 13185493 4643573 5898405 111068 207427 25580767 26700529 2739924 3348940 4818 66334 5581519 5621753 234461 344989 8560722 9382016 X 15398657 15994086 1621388 1324427 17020045 17318513 25580767 26700529 X 261542 36926 X X 0 1 1 X 1 1 X 5892059 6014319 9111214 7141339 7712300 35871231 5892059 6014319 9111214 7141339 7712300 35871231 35871231 159552 255909 211023 224732 256622 1107838 50286 26080 18153 63040 25522 183081 37162150 113434521 0.96530 0.96750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME: TAX REFUNDS, COMMISSIONS, CASH OVERAGE/SHORTAGE, MISC REVENUES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4963247 4963247 11074874 5967211 5107663 715334 440578 274756 8089884 5643111 2446773 393054 393054 13185493 DEFERRED COMPENSATION 283284 CAPITAL LEASE OBLIGATIONS 61705 344989 34612613 34351071 261542 36926 36926 298468 34748249 36926 49269 49441 135636 34612613 0 34612613 34449781 49269 49441 98710 34351071 0 34351071 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT EVALUATED GOODWILL'S TAX POSITIONS AND CONCLUDED THAT GOODWILL HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF FUNDRAISING EXPENSES PART XIII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF FUNDRAISING EXPENSES LUNCHEON 54080 1000 53080 848 34350 14243 54080 1000 53080 848 34350 14243 49441 3639 1 WISH PROGRAM CO CRISIS ASSISTANCE MINISTRY DBA MECKLENBURG COUNCIL 500 A SPRATT STREET CHARLOTTE NC 28206 510431450 501(C)(3) 32187 TRANSPORTATION ASSISTANCE 1 0 JOB TRAINING - WORKFORCE INVESTMENT ACT 242 415202 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: WISH PROGRAM PROVIDES A QUARTERLY BREAKDOWN OF TRANSPORTATION NEEDS, VENDOR USED AND PARTICIPANT WHO RECEIVED FUNDING. RECEIPTS ARE MAINTINED WITHIN PARTICIPANTS FILES. OTHER INFORMATION: PART IV: THROUGH JOB TRAINING GOODWILL PROVIDES SERVICES FOR PEOPLE WITH DISADVANTAGES, SUCH AS WELFARE DEPENDENCY, HOMELESSNESS AND LACK OF EDUCATION OR WORK EXPERIENCE, AS WELL AS THOSE WHO ARE PHYSICALLY, MENTALLY AND EMOTIONALLY CHANLLENGED. THE JOB TRAINING GIVES PARTICIPANTS THE SKILLS AND TRAINING NEEDED TO FIND AND KEEP JOBS. CASH ASSISTANCE FOR THIS PROGRAM IS PAID ON AN INDIVIDUAL BASIS FOR THOSE WHO PARTICIPATE IN AND COMPLETE THE PROGRAM. X 1 1 X X X X X 0 0 0 0 0 1 0 0 0 BARBARA MAIDA-STOLLE 115948 0 19952 0 0 0 8909 0 11486 0 156295 0 0 0 PAULETTE GRIFFIN 129186 0 0 0 0 0 10263 0 11284 0 150733 0 0 0 GARY BARRETT 142691 0 0 0 3045 0 10899 0 6338 0 162973 0 0 0 MICHAEL ELDER 228467 0 4824 0 6652 0 18053 0 20107 0 278103 0 0 0 PART I, LINE 6 GOODWILL PROVIDES A PERFORMANCE PAY COMPONENT TO COMPENSATION IN ADDITION TO A BASE SALARY FOR RETAIL SERVICES IN ORDER TO BE CONSISTENT WITH BEST PRACTICES IN MERCHANDISING AND RETAIL COMMUNITIES. PERFORMANCE PAY IS ISSUED AT THE DISCRETION OF GOODWILL. GOODWILL HAS SET CRITERIA FOR DETERMINING THE PAYMENT OR NON-PAYMENT OF PERFOMANCE PAY AND RESERVES THE RIGHT TO CHANGE THE CRITERIA AT ITS DISCRETION WITHOUT NOTICE. THE PERFORMANCE PAY IS BASED ON ACHIEVING PERFORMANCE THRESHOLD FACTORS WHICH INCLUDE INCREASE OF NET INCOME OVER PRIOR PERIOD NET INCOME, AND THE RELATIONSHIP OF MISSION HOURS (PERSONS WITH BARRIERS TO EMPLOYMENT) PERFORMED COMPARED TO TOTAL RETAIL PAYROLL HOURS. THE AMOUNT OF PERFORMANCE BASED PAY IS SET NOT TO EXCEED ESTABLISHED PERCENTAGE THRESHHOLD PER AGREEMENT. DAVID HAGGART DAVID HAGGART IS THE VICE CHAIR OF THE BOARD OF DIRECTORS 575000 IN NOVEMBER 2010 THE ORGANIZATION ACQUIRED PROPERTY LOCATED AT RIVERVIEW COMMONS SHOPPING CENTER, 1922 MOUNT GALLANT ROAD, ROCK HILL, SOUTH CAROLINA VIA ASSIGNMENT OF CONTRACT AGREEMENT BETWEEN PIEDMONT COMPANIES, INC. AND GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. THE PROPERTY WAS ORIGINALLY HELD BY CK RIVERVIEW COMMONS, LLC WHERE A GOODWILL BOARD MEMBER, DAVID HAGGART IS EMPLOYED AND HAS AUTHORITY TO BIND BUSINESS TRANSACTIONS ON BEHALF OF CK RIVERVIEW COMMONS, LLC. A FULL DISCLOSURE OF MR. HAGGARTS RESPONSIBILITIES WITH BOTH GOODWILL INDUSTRIES AND CK RIVERVIEW COMMONS, LLC WAS MADE TO CONCERNED PARTIES IN ADVANCE OF THE ACQUISITION OF THE PROPERTY. 0 X 7078997 COMPARABLE MERCHANDISE X 84 107071 EXPERT OPINION 0 0 1 THIRD PARTY USE: PART I, LINE 32B: GOODWILL HAS AN AGREEMENT WITH A THIRD PARTY KNOWN AS NATIONAL CHARITY SERVICES INC. THEY PROVIDE A FULL 24/7 CALL CENTER THAT MANAGES ALL RELATED ISSUES WITH DONATED VEHICLES. THEIR RESPONSIBILITIES ALSO INCLUDE PREPARING AND FILING OF FORM 1098-C. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS SHALL HAVE THE POWERS AND DUTIES NECESSARY OR APPROPRIATE FOR THE ADMINISTRATION OF THE AFFAIRS OF THE CORPORATION. ALL POWERS OF THE CORPORATION, EXCEPT THOSE SPECIFIED, GRANTED, OR RESERVED TO THE MEMBERS BY LAW, THE ARTICLES OF INCORPORATION, OR THE BYLAWS, SHALL BE VESTED IN THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS MAY ELECT ADDITIONAL MEMBERS TO THE CORPORATION; TERMS OF AND QUALIFICATIONS FOR SUCH ADDITIONAL MEMBERS SHALL BE DETERMINED BY THE BOARD OF DIRECTORS. ALL MEMBERS IN GOOD STANDING AT THE TIME OF THE ANNUAL MEETING SHALL BE ELIGIBLE TO VOTE IN THE ELECTION OF DIRECTORS. THE BOARD OF DIRECTORS SHALL ELECT ANNUALLY A CHAIRMAN, VICE-CHAIRMAN, AND SECRETARY/TREASURER OF THE CORPORATION AT THEIR FIRST MEETING FOLLOWING THE ANNUAL MEETING OF THE MEMBERSHIP. THE PRESIDENT IS ELECTED BY THE BOARD OF DIRECTORS OF THE CORPORATION. THE PRESIDENT DOES NOT HAVE VOTING RIGHTS. A VACANCY MAY BE FILLED BY THE BOARD OF DIRECTORS. A VACANCY OCCURS WHEN AN ELECTED DIRECTOR SEPARATES FROM THE BOARD, WHEN THE MEMBERSHIP FAILS TO ELECT A FULL SLATE OF DIRECTORS, OR WHEN A SEAT HAD BEEN DECLARED VACANT DUE TO EXCESSIVE ABSENCES PROVIDED BY THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 OUR TAX PREPARERS REVIEW THE 990 WITH THE AUDIT COMMITTEE, AND ANSWER ANY QUESTIONS THEY MAY HAVE. EACH BOARD MEMBER IS THEN PROVIDED A COPY OF THE 990 FOR REVIEW. ONCE THE REVIEW IS COMPLETE THE PRESIDENT/CEO WILL SIGN THE FORM FOR SUBMISSION TO IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY PROVIDING COPIES OF THIS POLICY AND PROCEDURES TO ALL BOARD MEMBERS VIA THE EXECUTIVE ASSISTANT, AND TO MEMBERS OF MANAGEMENT BY THE HUMAN RESOURCES DEPARTMENT DURING NEW EMPLOYEE INTAKE, AND ANNUALLY, THEREAFTER. EACH PERSON IS REQUIRED TO REVIEW AND SIGN THE DOCUMENT, ACKNOWLEDGING THEIR WILLINGNESS TO ABIDE BY THIS POLICY. THESE STATEMENTS ARE FILED IN THE EXECUTIVE ASSISTANT'S OFFICE. COPIES ARE FILED IN INDIVIDUAL PERSONNEL FILES FOR MANAGEMENT STAFF. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS THE SOLE AUTHORITY AND RESPONSIBILITY FOR ESTABLISHING AND CHANGING THE TOTAL COMPENSATION AND BENEFITS OF THE PRESIDENT AND THE BENEFITS AND TOTAL COMPENSATION RANGES FOR OTHER HIGHLY COMPENSATED POSITIONS (VICE PRESIDENTS), APPLYING THE SAME PAY PHILOSOPHY THAT IS UTILIZED FOR ALL OTHER EMPLOYEES IN THE ORGANIZATION. THE BOARD ESTABLISHES AND MONITORS THE PERFORMANCE AND TOTAL COMPENSATION OF THE PRESIDENT/CEO. THE BOARD IS RESPONSIBLE FOR ANNUALLY CONDUCTING A FORMAL PERFORMANCE REVIEW OF THE PRESIDENT, AT WHICH TIME ADJUSTMENTS TO TOTAL COMPENSATION MAY BE CONSIDERED. QUESTIONS ABOUT THE PROCESS OR SPECIFICS OF THE PRESIDENT'S COMPENSATION PACKAGE ARE DIRECTED TO THE CHAIR OF THE BOARD. THE BOARD CONDUCTS AN ANNUAL REVIEW OF THE SALARY RANGES AND BENEFITS FOR ALL HIGHLY COMPENSATED POSITIONS (PRESIDENT AND VICE PRESIDENTS). UTILIZING THE SAME PRINCIPLES THAT GOVERN ALL EMPLOYEE SALARIES, THE BOARD REVIEWS INFORMATION ON COMPARABLE SALARIES WITHIN GOODWILL INDUSTRIES INTERNATIONAL AFFILIATES AND OTHER APPROPRIATE EXTERNAL MARKET SURVEYS SPECIFIC TO THE NOT-FOR-PROFIT INDUSTRY PERTAINING TO COMPANIES WITH SIMILAR REVENUE BASE. PERIODICALLY, AN OUTSIDE CONSULTANT IS ENGAGED TO ASSESS THE REASONABLENESS, COMPETITIVENESS AND CONSISTENCY WITH COMPENSATION "BEST PRACTICES" OF TOTAL COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENTS AND TO MAKE RECOMMENDATIONS TO THE BOARD. ANY ADJUSTMENT TO THE SALARY RANGES AND BENEFITS MADE IS CONSISTENT WITH THE ORGANIZATION'S COMPENSATION POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AND OTHER LINKS. THEY ARE ALSO MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 36,926. FORM 990, PART XI, LINE 2C, AUDIT COMMITTEE: THE AUDIT COMMITTEE'S PROCESS OF AUDIT EVALUATION HAS NOT CHANGED FROM THE PRIOR YEAR.