2011-08-09T08:26:33-07:00 2010-12-31 990 2010-01-01 470378996 GOODWILL INDUSTRIES INC GOOD 4023414609 4805 NORTH 72ND STREET OMAHA NE 68134 Frank McGree 4023414609 2011-08-09 2010 2016-02-24 21:20:13Z X FRANK MCGREE 4805 NORTH 72ND STREET OMAHA NE 68134 20475070 0 X www.goodwillomaha.org X 1933 NE The mission of Goodwill Industries is to prepare people with employment barriers for work, and provide jobs for people with disablilities through environments from the traditional classroom setting, contract workshops, and the agency's retail stores, to construction sites and other work settings. 23 22 982 0 0 0 2138238 1906969 16175960 16782633 1449061 52875 1388371 1665133 21151630 20407610 0 0 0 0 10615891 10407488 52233 82518 393938 5413981 7455200 16082105 17945206 5069525 2462404 32597349 38139778 17534197 20436677 15063152 17703101 Goodwill prepares people with employment barriers for work, and manages diverse operations that create jobs for people with disabilities. Closely related to Goodwill's mission is our vision, "Goodwill Industries will eliminate unemployment among people who want to work". 0 0 11550145 0 13534811 DONATED GOODS AND RETAIL PROGRAM SERVICES--Goodwill operates 11 retail stores in its assigned territory. Collectively 250 employees collected, processed, displayed, and sold more than 15 million pounds of donated material in 2010. The general public donates clothing, furniture, and household goods to Goodwill and employees sort, price, and distribute this merchandise for sale in the retail stores. Profits generated from the sale of donated goods are used to help cover expenses associated with Goodwill's various employment and training programs. The retails stores are utilized to provide on the job training to people with disabilities, people with disadvantages, and others having a difficult time finding employment. 2419409 0 2652942 WORKFORCE DEVELOPMENT PROGRAM SERVICES--Goodwill provides educational and career services, as well as job placement opportunities and post employment support to individuals with disabilities and other challenges to employment so that they can find and keep jobs. Individuals can achieve greater levels of self sufficiency and economic success through Goodwill's workforce development services such as employment training and education, work experience, employment retention, and youth based programs. Goodwill programs strengthen communities and families and promote independence and dignity for people who need it most. 686115 0 594880 CONTRACTS/INDUSTRIAL SERVICES PROGRAMS--Goodwill Industries creates employment and job training opportunities for people who have significant disabilities or other challenges to employment by providing contract work for businesses, federal, state, and local goverment, and other communtiy partners. These contracts offer opportunities in a variety of work experience and training environments including custodial services, grounds keeping, manufacturing, packaging, assembly, recycling, mailing services, and other administrative support services. 0 0 0 14655669 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 1 101 0 1 982 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X J Michael Connolly 4023414609 4805 NORTH 72ND STREET Omaha NE 68134 David M Anderson 4 X 0 0 0 Richard A Frandeen 4 X X 0 0 0 Elizabeth A Mazzotta 4 X X 0 0 0 Michael P Geis 2 X X 0 0 0 Ronald C Jensen 0.5 X 0 0 0 Mark Brasee 3 X X 0 0 0 Danny E Cummins 0.5 X 0 0 0 Gerald C Gray 0.5 X 0 0 0 Jonna L Holland 0.5 X 0 0 0 Sandra A Lane 0.5 X 0 0 0 Joseph W Lang 0.5 X 0 0 0 Joseph R Lempka 0.5 X 0 0 0 Robert J Mitchell 0.5 X 0 0 0 Joseph J Olsen 0.5 X 0 0 0 Anthony M Payne 0.5 X 0 0 0 Carol L Russell 0.5 X 0 0 0 J Brent Siegrist 0.5 X 0 0 0 H Daniel Smith 0.5 X 0 0 0 William N Vobejda 0.5 X 0 0 0 Tom L Whalen 0.5 X 0 0 0 Daniel Padilla 0.5 X 0 0 0 Lawrence Pete 0.5 X 0 0 0 Justin Wayne 0.5 X 0 0 0 Frank J McGree 40 X 318525 0 53122 Andrew D Bradley 40 X 215295 0 38637 J Michael Connolly 40 X 188303 0 23418 Randy J Parks 40 X 187654 0 20112 Todd H Milbrandt 40 X 148566 0 20241 Dave J Pfeffer 40 X 127185 0 5986 Linda Kizzier 40 X 100861 0 10316 1286389 0 171832 7 0 1 0 Kiewit Construction 3921 Mason Street Omaha NE 68105 Construction 1681154 Goodwill Industries International 15810 Indianola Drive Rockville MD 20855 Dues 142252 RDG Schutte Wilscam Birge 900 Farnam on the Mall Suite 100 Omaha NE 68102 CONSTRUCTION DESIGN 437415 Vital Support 11191 Aurora Avenue Urbandale IA 50322 IT EQUIPMENT AND SUPPORT 187331 4 0 0 33448 0 0 1873521 0 1906969 EMPLOYMENT AND TRAINING 624100 2652942 2652942 0 0 EMPLOYMENT AND TRAINING VOCATIONAL 624100 594880 594880 0 0 RETAIL OPERATIONS 453310 13534811 13534811 0 0 0 0 0 0 16782633 52875 0 0 52875 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22379 33448 67460 -45081 0 -45081 0 0 0 0 0 0 555300 0 555300 555300 0 0 MISCELLANEOUS 561000 1519 0 0 1519 MANAGEMENT FEE 541610 1153395 1153395 0 0 0 0 0 0 1154914 20407610 18491328 0 9313 0 0 0 0 0 0 0 0 977102 312459 564630 100013 0 0 0 0 7574877 6312975 1117411 144491 153632 104283 43760 5589 954743 704212 242081 8450 747134 589623 137998 19513 22100 4676 3798 13626 92444 17977 74467 0 46995 747 43999 2249 3362 0 3362 0 82518 82518 1157 0 1157 0 154520 150052 4399 69 345166 277409 66533 1224 1811669 1588221 217144 6304 112296 83009 28580 707 0 0 0 0 3008101 2906435 100152 1514 342914 250665 92187 62 0 0 0 0 48763 21522 25588 1653 0 0 0 0 93250 93250 0 0 761159 714880 45873 406 169456 123637 40690 5129 CLIENT EXPENSE 365540 365540 0 0 MISCELLANEOUS EXPENSE 76308 34097 41790 421 17945206 14655669 2895599 393938 2050600 46504 0 0 1364055 2321620 124737 115370 0 0 0 0 0 0 265573 300447 394421 484961 38757918 5917899 26594274 32840019 1803689 2030857 0 0 0 0 0 0 0 0 32597349 38139778 1600721 1486790 0 0 0 0 1405347 1327623 0 0 0 0 13664189 16365540 0 0 863940 1256724 17534197 20436677 X 12677301 15585706 2292982 2024526 92869 92869 15063152 17703101 32597349 38139778 X 2462404 177545 X 0 1 1 X 1 1 X 77078 43964 2216420 2138238 1906969 6382669 12751398 13952163 14055308 16175960 16782633 73717462 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12828476 13996127 16271728 18314198 18689602 80100131 0 0 0 0 0 0 2420214 2250706 1747990 2741611 1625235 10785756 2420214 2250706 1747990 2741611 1625235 10785756 69314375 67242 84522 62979 65578 52875 333196 0 0 0 0 0 0 67242 84522 62979 65578 52875 333196 0 0 0 0 0 0 0 0 0 0 0 0 12895718 14080649 16334707 18379776 18742477 80433327 0.86176 0.84620 0.00414 0.00486 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 3362 0 0 3362 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 GOODWILL INDUSTRIES SERVING EASTERN NEBRASKA AND SOUTHWEST IOWA WAS PART OF A CONSORTIUM OF THREE NEBRASKA BASED GOODWILLS THAT CONTRACTED WITH AMERICAN COMMUNICATIONS GROUP OF LINCOLN NE THROUGHOUT CALENDAR YEAR 2010. AMERICAN COMMUNICATIONS MONITORS LEGISLATIVE ACTIVITY IN THE NEBRASKA STATE CAPITOL THAT MAY HAVE AN IMPACT ON GOODWILLS. AS SUCH AMERICAN COMMUNICATIONS TRANSMITTED PERIODIC UPDATES OF LEGISLATIVE ACTIVITY THAT COULD BE OF INTEREST TO GOODWILLS AND ORGANIZED A LEGISLATIVE RECEPTION/OPEN HOUSE INCLUDING VISITS WITH ELECTED STATE OFFICIALS AT THE STATE CAPITOL. 1803689 0 227168 0 0 0 2030857 1468960 0 334729 0 0 0 1803689 1996142 0 -527182 0 0 0 1468960 0.9249 0.0751 0 0 0 0 6598067 6598067 0 14982808 2250110 12732698 0 560369 269479 290890 0 3074725 2206735 867990 0 13541949 1191575 12350374 32840019 0 DERIVATIVE LIABILITY 1256724 1256724 20407610 17945206 2462404 177545 0 0 0 0 177545 2639949 20652615 177545 0 0 67460 245005 20407610 0 0 0 20407610 18012666 0 0 0 67460 67460 17945206 0 0 0 17945206 SchD_P05_S00_L04 Schedule D, Part V, Line 4 THE PURPOSE OF GOODWILL INDUSTRIES ENDOWMENT FUND IS TO ENHANCE THE FINANCIAL STRENGTH OF THE AGENCY. ASSET GROWTH IN THE ENDOWMENT WILL ENSURE THE FUTURE GROWTH AND DEVELOPMENT OF GOODWILL'S MISSION AND VISION WHILE PROVIDING A PORTION OF THE ASSETS FOR CURRENT YEAR OPERATIONS. SchD_P10_S00_L02 Schedule D, Part X, Line 2 Goodwill accounts for uncertainties in accounting for income tax assets and liabilities using the guidance included in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740, Income Taxes. There are no uncertainties that are reflected in the financial statements. Goodwill uses financial instruments in the management of its interest rate exposure. A control environment has been established, which includes policies and procedures for risk assessment and the approval, reporting, and monitoring of financial instrument activities. Derivative instruments are recorded on the consolidated statements of financial position as either an asset or liability measured at its fair value. The changes in the derivative's fair value are recognized currently in earnings unless specific hedge accounting criteria are met. In 2008, Goodwill entered into two interest rate swaps with a counterparty so that all of Goodwill's variable rate mortgage notes payable are swapped for a fixed interest rate. These derivative transactions are structured such that they are effective in hedging the variable interest payments on all of Goodwill's mortgage notes payable with variable interest rates. Goodwill has not designated the interest rate swaps as cash flow hedges. As a result, the change in the fair value of the derivative instrument is recorded as change in fair value of derivatives in the accompanying consolidated statements of activities for the years ended December 31, 2010 and 2009. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d DIRECT EXPENSES FOR SPECIAL EVENTS SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d DIRECT EXPENSE FOR SPECIAL EVENTS X X X X X X 1 GEIS GROUP PO BOX 31352 OMAHA NE 68131 CAPITAL CAMPAIGN 0 1796449 65646 1730803 HAINES DIRECT 8050 FREEDOM AVE NW NORTH CANTON OH 44720 DIRECT MAIL 0 4305 9382 -5077 OBERON ENTERTAINMENT PROP LLC 1625 FARNAM STREET SUITE 700 OMAHA NE 68102 CAMPAIGN VIDEOS 0 0 7490 -7490 1800754 82518 1718236 GOLF AND ANNUAL DINNER 55827 33448 22379 800 4272 3827 46212 0 12349 0 0 55827 33448 22379 800 4272 3827 46212 0 12349 67460 -45081 X X 1 1 X X X X X X 0 1 0 1 0 1 1 0 0 Frank J McGree 238027 0 72000 0 8498 0 37771 0 15351 0 371647 0 0 0 Andrew D Bradley 169185 0 44000 0 2110 0 19387 0 19250 0 253932 0 0 0 J Michael Connolly 152312 0 35000 0 991 0 9887 0 13531 0 211721 0 0 0 Randy J Parks 111629 0 71203 0 4822 0 0 0 20112 0 207766 0 0 0 Todd H Milbrandt 108255 0 36923 0 3388 0 0 0 20241 0 168807 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Employment agreement between Goodwill Industries and Frank McGree, President and CEO, includes payment of the expenses for spouse to attend two events each year. This agreement also includes reimbursement of social membership dues at Shadow Ridge Country Club. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Material is assembled through research from the following sources - biennial submission of data and analytical review of reports from Mercer Human Resource Consulting Study. This study includes regional data from Form 990 filed by comparable organizations. Annual Goodwill Industries International Executive Compensation Survey. Comparative information on CEO compensation history, as factors of agency revenue growth, net gain, return on revenue, etc. Other data available such as compensation survey compiled by the University of Nebraska at Omaha. Assembled materials are provided to the Chairman of the Board of Trustees, which convenes in the Executive Committee of the Board, acting as the compensation committee. With appropriate input from the Executive Committee, the Board Chairman prepares the CEO's annual performance evaluation. The committee also reviews the existing employment contract between the Board and the CEO, then determines its recommendations for compensation adjustments. At the January meeting of the Board of Trustees, the Chairman in executive session with the Board presents the recommendations of the Executive Committee. When approved, the CEO and CFO are provided with the results. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Goodwill made payments to a 457f plan for Frank McGree $37,771, Andy Bradley $19,387, and J. Michael Connolly $9,887 for the year 2010. SchJ_P01_S00_L05 Schedule J, Part I, Line 5 Randy Parks, Vice President Retail Operations, receives bonus pay based on comparable store revenue increases over previous year at a rate of 5% of revenue increase paid monthly with a cap of $800 per month. SchJ_P01_S00_L06 Schedule J, Part I, Line 6 Randy Parks, Vice President of Retail Operations receives a profitability bonus paid at a rate of 1.15% of combined net profits for all retail operations with a maximum of $33,000 for the year. City of Crescent IA 420997216 2004-12-16 1700000 Refinance short term taxable indebtedness incurred to finance Goodwill facility 0 0 0 372377 0 1700000 0 0 0 34000 0 0 1666000 0 0 2004 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Kiewit Construction Employer of Joe Lempka 1250811 Construction Costs 0 Shannon McGree Daughter of President, Frank McGree 76956 Employment 1 SchL_P04_S00_L00 Schedule L, Part IV Kiewit Corporation is the employer of Joe Lempka - Construction. Shannon McGree is the daughter of Frank McGree, President and CEO - Employment X 0 Sales Price 0 0 0 SchM_P01_S00_L05 Schedule M, Part I, Line 5 Goodwill Industries, Inc receives donations of clothing and household items from the general public and no value is recorded at the time of donation for these items. Revenue is recognized when items are resold as represented in program revenue for Retail Operations of $13,534,811. F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 David Anderson and Carol Russell - Business Relationship F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a Form 990 is prepared based on the audited financial statements of the organization. The completed 990 is provided to the Audit Committee of the Board of Trustees, and to an independent CPA firm who reviews and approves the document and then approval is given for online filing. The 990 return is also sent to the Board of Trustees to provide them an opportunity for inquiry. The Audit Committee Chairman reports its activities and results to the Board of Trustees at its next meeting, and this report is included in the meeting minutes. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A signed conflict of interest statement is obtained from each officer, member of the Board of Trustees, and key employees of the organization. Each statement documents direct business relationships, family business relationships, and inter and intra family and business relationships. For any official action of the Board or its committees, any individuals with whom a conflict may be construed, are precluded from voting. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive Committee of the Board of Trustees appoints an Executive Compensation Committee to review and evaluate the compensation of the President and CEO as well as the 7 Vice Presidents. Since 2006, the Compensation Committee has retained a professional compensation, benefits, and human resources consulting firm to assess the reasonableness and competitiveness of total cash compensation. Comparability data is assembled from a variety of sources, including regional IRS Form 990 data, Goodwill Industries International survey data, national not-for-profit published survey data, and the national for-profit published survey data. Based on the results of the assessment study, the Compensation Committee recommends to the Board of Trustees compensation levels for the President and Vice Presidents. These levels are approved in the executive session of the Board of Trustees at its annual meeting in January each year. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 An annual report is published each year which includes the audited financial statements. This report is mailed to all major donors, referral agencies, and other interested parties. The report is also available online on our Goodwill website. Hard copies of the report, Goodwill's governing documents, and conflict of interest policy are all available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gain on investments for 2010. Goodwill Specialty Services 4805 North 72nd Street Omaha NE 68134 470818929 Job Training and Career Development NE 501(c)(3) Line 9 N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 Goodwill Specialty Services n 3883610 Leased employees salaries and benefits Goodwill Specialty Services r 1153395 Management Fee Goodwill Specialty Services m 351553 Facility Rent EXTENSIONS WERE FILED THROUGH KPMG