2026-09-18T08:31:52-05:00 2025-12-31 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2025-01-01 520591576 GOODWILL INDUSTRIES OF THE CHESAPEAKE INC GOOD 4108371800 3700 KOPPERS ST 200 BALTIMORE MD 21227 LISA RUSYNIAK PRESIDENT & CEO 4108371800 2026-09-17 1 JULIA FLANNERY P00928918 3012963600 2026-09-17 2025 LISA RUSYNIAK 3700 KOPPERS ST 200 BALTIMORE MD 21227 118132698 0 X WWW.GOODWILLCHES.ORG X 1919 MD WORKFORCE DEVELOPMENT AND OTHER SOCIAL SERVICES FOR PEOPLE WITH PHYSICAL, MENTAL, OR OTHER BARRIERS TO SELF-SUSTAINING EMPLOYMENT. 21 20 447 20 0 0 38515491 44561088 56534644 64170698 6656735 782895 6088 169940 101712958 109684621 5000 5190 0 0 32654847 37930427 0 0 240642 65311444 70903458 97971291 108839075 3741667 845546 113402732 119753756 52284296 54198135 61118436 65555621 X GOODWILL INDUSTRIES OF THE CHESAPEAKE, INC. PREPARES PEOPLE TO SECURE AND RETAIN EMPLOYMENT AND BUILD SUCCESSFUL, INDEPENDENT LIVES. 0 0 101842790 5190 64170698 REVENUE GENERATED FROM OUR VARIOUS BUSINESS FUNCTIONS IS USED TO SUPPORT OUR MISSION AND COVER THE COSTS OF OPERATING THE BUSINESSES. DURING 2025, 88,635 SERVICES WERE PROVIDED TO INDIVIDUALS WITH PHYSICAL, MENTAL, OR OTHER SOCIAL BARRIERS TO EMPLOYMENT THROUGH THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAMS. THESE SERVICES INCLUDED PLACING 916 PEOPLE INTO PERMANENT AND TEMPORARY POSITIONS. WE COLLECT USABLE ITEMS FOR RESALE IN OUR RETAIL STORES AND TRAIN PEOPLE FOR WORK THROUGH TRANSITIONAL EMPLOYMENT, EXTENDED TRAINING, AND OTHER SUPPORTING SERVICES. WE ALSO PROVIDE WORK AND TRAINING OPPORTUNITIES FOR INDIVIDUALS WITH SEVERE DISABILITIES THROUGH CUSTODIAL AND OTHER CONTRACTS WITH THE FEDERAL AND STATE GOVERNMENTS. WE OPERATE THE EXCEL CENTER, WHICH PROVIDES SERVICES AS A TUITION-FREE ADULT HIGH SCHOOL THAT SERVES ADULT LEARNERS IN BALTIMORE AND THE SURROUNDING AREAS. 101842790 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 0 0 1 164 0 1 447 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 21 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X SCOTT HOLLINGSWORTH 4108371800 3700 KOPPERS ST 200 BALTIMORE MD 21227 LISA RUSYNIAK PRESIDENT/CEO 40.00 1.00 X X 685470 0 43684 JOE DURHAM CHAIR 0.50 0.50 X X 0 0 0 OLIVIA FARROW VICE CHAIR 0.50 0.50 X X 0 0 0 JEFF JACOBSON TREASURER 0.50 0.50 X X 0 0 0 KIM CLARK SECRETARY 0.50 0.50 X X 0 0 0 LAUREN N BENNETT DIRECTOR 0.50 X 0 0 0 STACEY BUTLER DIRECTOR 0.50 X 0 0 0 TODD CHASON DIRECTOR 0.50 X 0 0 0 PETE CHESNER DIRECTOR 0.50 0.50 X 0 0 0 DENNIS FINNEGAN DIRECTOR 0.50 X 0 0 0 THOMAS FINNEY DIRECTOR 0.50 X 0 0 0 JOE FOSS DIRECTOR 0.50 X 0 0 0 TOM KAZMIERCZAK DIRECTOR 0.50 X 0 0 0 DEAN KENDERDINE DIRECTOR 0.50 0.50 X 0 0 0 APRIL LUGO DIRECTOR 0.50 X 0 0 0 WILLIS MACGILL DIRECTOR 0.50 X 0 0 0 JAYNE MILLER DIRECTOR 0.50 0.50 X 0 0 0 JOSHUA SAVADOVE DIRECTOR 0.50 X 0 0 0 JASON SEVIER DIRECTOR 0.50 X 0 0 0 JOEL SULDAN DIRECTOR 0.50 X 0 0 0 KERI ZADER DIRECTOR 0.50 X 0 0 0 SCOTT HOLLINGSWORTH COO/CFO 40.00 X 374113 0 78587 ROBERT PROSSER CHIEF RETAIL OFFICER (THRU 3/15/25) 40.00 X 232353 0 32190 MEGAN HILL CHIEF HUMAN RESOURCE OFFICER 40.00 X 218343 0 16937 JONATHAN BALOG CHIEF COMMUNICATIONS OFFICER 40.00 X 263413 0 70676 RYAN SMITH CHIEF MISSION OFFICER 40.00 X 282266 0 17641 CHRISTOPHER DEPPEN DIRECTOR OF RISK MANAGEMENT 40.00 X 145179 0 22750 THOMAS NEILSON DIRECTOR OF OPS & SUSTAINABILITY 40.00 X 120154 0 21870 WOOLRICK BENNETT JR DIRECTOR OF CONTRACTS 40.00 X 124020 0 5485 MICHAEL JACOBS PROJECT MANAGER 40.00 X 118452 0 39846 PHILMON KAHASAY IT DIRECTOR 40.00 X 117290 0 644 2681053 0 350310 14 0 1 0 SECURE RETAIL POS SYSTEMS 16 W MARTIN ST RALEIGH NC 27601 POS SYSTEM SERVICES 393205 FEDEX PO BOX 371461 PITTSBURGH PA 15250 SHIPPING SERVICES 370914 SC&H GROUP PO BOX 64271 BALTIMORE MD 21264 TECHNOLOGY ADVISORS 253841 RYDER TRANSPORTATION SERVICES PO BOX 96723 CHICAGO IL 60693 TRANSPORTATION SERVICES 248523 ALPINE TEAM ADVERTISING PO BOX 362 FOREST HILL MD 21050 ADVERTISING SERVICES 242408 14 44561088 44003625 44561088 DONATED GOODS-SALES 900099 46316698 46316698 CONTRACTED SERVICES 900099 13031355 13031355 CAREER DEVELOPMENT 900099 4822645 4822645 64170698 1283930 1283930 7947042 8448077 -501035 -501035 -501035 MISCELLANEOUS 900099 169940 169940 169940 109684621 64170698 0 952835 5190 5190 2315671 2062853 246683 6135 28916378 25739891 3098411 78076 425269 381105 43206 958 3930122 3521989 399284 8849 2342987 2144222 192633 6132 46138 32484 13593 61 70526 49655 20778 93 36200 36200 126054 126054 2088717 1459868 626044 2805 936815 231751 625768 79296 2635492 2452898 125230 57364 12319248 11808107 511141 854636 759713 94923 740664 740664 2395084 2114600 280484 COST OF GOODS SOLD 45356934 45356934 SERVICE CHARGE 2663358 2557044 105441 873 EQUIPMENT MAINTENANCE 391117 346998 44119 DUES 237996 40537 197459 4479 87 4392 108839075 101842790 6755643 240642 43169 23900 4368933 6618843 3709975 4275020 107947 92272 158686 213757 56390934 18268064 33294417 38122870 34742500 37959263 36977105 32447831 113402732 119753756 5069136 5901040 8369248 13925338 38845912 34371757 52284296 54198135 X 60515052 64879626 603384 675995 61118436 65555621 113402732 119753756 845546 3591639 0 X 0 1 X 1 1 1 X 35985691 37207884 39291197 38515491 44561088 195561351 48654508 49907757 58151321 56534644 64170698 277418928 84640199 87115641 97442518 95050135 108731786 472980279 27884 21760 28100 10300 9607 97651 0 27884 21760 28100 10300 9607 97651 472882628 588367 665123 1147688 1109328 1283930 4794436 588367 665123 1147688 1109328 1283930 4794436 44371 72521 14887 6088 169940 307807 85272937 87853285 98605093 96165551 110185656 478082522 0.98910 0.98980 0.01000 0.00960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 36200 36200 108676821 108713021 1000000 250000 0 0 1000000 1000000 1000000 3000000 4500000 72000 36200 36200 144400 250000 250000 250000 750000 1125000 19015364 246 2541936 1058576 20498970 17829432 157557 1902113 873738 19015364 15438901 971424 2358169 939062 17829432 19330963 125000 -3198232 818830 15438901 17059430 195000 2467571 391038 19330963 0.97039 0.02961 0 0 3676687 3676687 42266481 14647402 27619079 4639027 1607650 3031377 5808739 2013012 3795727 38122870 DEPOSITS 285332 RIGHT-OF-USE ASSETS 32162499 32447831 LEASE LIABILITIES 33941847 INTERCOMPANY PAYABLE 429910 34371757 X 114917940 3591639 494627 1273107 5359373 109558567 126054 126054 109684621 110216324 494627 1008676 1503303 108713021 126054 126054 108839075 PART V, LINE 4: ALL QUASI-ENDOWMENT FUNDS ARE FOR USE IN FURTHERING THE EXEMPT PURPOSES OF THE ORGANIZATION. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS THE OVERSIGHT COMMITTEE FOR THE USES OF THE ENDOWMENT FUND. IN ORDER TO EXPEND ANY OF THE FUNDS, A WRITTEN REQUEST MUST BE SUBMITTED BY THE PRESIDENT TO THE EXECUTIVE COMMITTEE. APPROVAL OF THE REQUEST BY THE BOARD OF DIRECTORS WILL BE REQUIRED PRIOR TO ANY EXPENDITURE. PART X, LINE 2: GOODWILL HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS POLICY, GOODWILL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED GOODWILL'S TAX POSITIONS AND HAS CONCLUDED THAT GOODWILL HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM GOODWILL WORKS OF THE CHESAPEAKE, INC. 1,273,107. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM GOODWILL WORKS OF THE CHESAPEAKE, INC. 1,008,676. 0 THE GOOD PLANET INC 3700 KOPPERS ST HALETHORPE MD 21227 921197941 501(C)(3) 5190 0 GENERAL SUPPORT 1 0 X X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 LISA RUSYNIAK PRESIDENT/CEO 577843 0 107627 0 0 0 42995 0 689 0 729154 0 0 0 SCOTT HOLLINGSWORTH COO/CFO 328314 0 45799 0 0 0 24394 0 54193 0 452700 0 0 0 JONATHAN BALOG CHIEF COMMUNICATIONS OFFICER 230810 0 32603 0 0 0 17365 0 53311 0 334089 0 0 0 RYAN SMITH CHIEF MISSION OFFICER 250440 0 31826 0 0 0 16952 0 689 0 299907 0 0 0 ROBERT PROSSER CHIEF RETAIL OFFICER (THRU 3/15/25) 97530 0 52009 0 82814 0 27702 0 4488 0 264543 0 0 0 MEGAN HILL CHIEF HUMAN RESOURCE OFFICER 192093 0 26250 0 0 0 0 0 16937 0 235280 0 0 0 CHRISTOPHER DEPPEN DIRECTOR OF RISK MANAGEMENT 138302 0 6877 0 0 0 5509 0 17241 0 167929 0 0 0 MICHAEL JACOBS PROJECT MANAGER 112005 0 6447 0 0 0 0 0 39846 0 158298 0 0 0 PART I, LINE 1A THE CEO, LISA RUSYNIAK, IS ALLOWED TRAVEL FOR COMPANIONS, IT IS TAXABLE AND INCLUDED IN HER WAGES. ALL EMPLOYEES ARE ELIGIBLE FOR HEALTH CLUB REIMBURSEMENT, WHICH IS INCLUDED ON EMPLOYEES W-2S. PART I, LINE 4A ROBERT PROSSER RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $82,814 DURING THE CALENDAR YEAR. THE PAYMENT IS INCLUDED IN PART VII, COLUMN D AND SCHEDULE J, PART II, COLUMN BIII. PART I, LINE 7 BONUSES FOR THE KEY EMPLOYEES ARE DETERMINED BY THE COMPENSATION COMMITTEE BASED ON SPECIFIC PERCENTAGES OF SALARY FOR MEETING PRE-ESTABLISHED GOODWILL INDUSTRIES OF THE CHESAPEAKE AND GOODWILL WORKS OF THE CHESAPEAKE DEPARTMENTAL AND INDIVIDUAL DEVELOPMENT GOALS. THE BONUS FOR THE CEO IS LIMITED TO A SPECIFIC PERCENTAGE OF HER SALARY, BUT THE AMOUNT PAID IS AT THE DISCRETION OF THE BOARD. THE LISTED 2025 BONUSES ARE BASED ON 2024 GOALS AND ACHIEVEMENTS. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 286503 SECURITY 0 X 418966 RETAIL VALUE X 40516191 RETAIL VALUE X 178 148989 FAIR MARKET VALUE X SALVAGE 1 2919479 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): REPORTING THE NUMBER OF CARS RECEIVED. ALL OTHER ITEMS ARE CONTRIBUTIONS OF BOOKS, PUBLICATIONS, CLOTHING, AND HOUSEHOLD GOODS. PART I, LINE 32B: A THIRD PARTY IS USED FOR THE VEHICLE DONATION PROGRAM. SCHEDULE M, PART I, LINE 25 SALVAGE ITEMS ARE DONATED ITEMS THAT ARE NOT OF QUALITY FOR REUSE. FORM 990, PART V, LINE 2A: THE EMPLOYEES INCLUDED IN PART V, LINE 2A ARE THE NUMBER WHO RECEIVED A W-2 FROM THE FILING ORGANIZATION. GOODWILL WORKS OF THE CHESAPEAKE, A RELATED ORGANIZATION, HAS 1,055 EMPLOYEES WHO FULLY SUPPORTED THE ACTIVITIES AND OPERATIONS OF THE FILING ORGANIZATION DURING 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST REVIEWED BY THE COO/CFO AND CEO. AFTER THIS REVIEW IT IS SENT TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. THE ENTIRE BOARD OF DIRECTORS RECEIVES A COPY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY BY THE OFFICERS, DIRECTORS AND KEY EMPLOYEES OF THE ORGANIZATION. ANNUALLY, EACH MEMBER OF THE BOARD OF DIRECTORS AND ALL KEY EMPLOYEES ARE REQUIRED TO SIGN A DISCLOSURE STATEMENT DISCLOSING ANY FAMILY AND/OR BUSINESS RELATIONSHIPS WITH OTHER OFFICERS, DIRECTORS OR KEY EMPLOYEES OF THE ORGANIZATION. THEY ALSO AGREE TO PROMPTLY AND FULLY DISCLOSE ANY POTENTIAL FUTURE CONFLICT OF INTEREST TO THE CHAIRMAN OF THE BOARD OF DIRECTORS. OFFICERS AND/OR DIRECTORS ARE REQUIRED TO ABSTAIN FROM ANY FORMAL VOTE THAT WOULD POTENTIALLY CREATE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF GOODWILL INDUSTRIES OF THE CHESAPEAKE, INC. BELIEVE THAT THE COMPENSATION OF THOSE EMPLOYEES WHOSE DUTIES AND RESPONSIBILITIES CAUSE THEM TO HAVE SUBSTANTIAL INFLUENCE OVER EXECUTIVE-LEVEL DECISIONS SHOULD BE GUIDED BY THE FOLLOWING PRINCIPLES: COMPLY WITH ALL APPLICABLE LAWS AND REGULATIONS ADMINISTER COMPENSATION IN A MANNER CONSISTENT WITH THE ACHIEVEMENT OF THE MISSION. TO ACCOMPLISH THIS, THE BOARD ANNUALLY APPROVES ORGANIZATION-WIDE OBJECTIVES, MEASURES, AND GOALS. THE COMPENSATION COMMITTEE APPROVES THE INDIVIDUAL OBJECTIVES, MEASURES, AND GOALS FOR THE CEO. ASSURE THE JUDICIOUS EXPENDITURE OF FUNDS ENTRUSTED TO THE ORGANIZATION. PROVIDE COMPENSATION FOR POSITIONS ON THE BASIS OF THEIR RELATIVE INTERNAL WORTH, REFLECTING THE IMPACT OF EACH POSITION ON THE ACHIEVEMENT OF THE MISSION AND THE PERFORMANCE OF THE EXECUTIVE IN THE POSITION. MAINTAIN COMPETITIVE COMPENSATION LEVELS RELATIVE TO APPROPRIATE COMPARATIVE MARKETS BY ANNUALLY ADJUSTING BASE PAY STRUCTURES TO REFLECT MARKET COMPETITIVENESS. GOODWILL POSITIONS ARE COMPARED TO SIMILAR POSITIONS FOUND IN RELEVANT NOT-FOR-PROFIT AND FOR-PROFIT ORGANIZATIONS, WITH RELEVANCE BEING DEFINED AS ORGANIZATIONS FROM WHICH GOODWILL ATTRACTS TALENT AND TO WHOM TALENT MIGHT BE LOST. IN ORDER TO ASSURE THIS IS THE CASE, A FULL STUDY IS CONDUCTED BY NONPROFITHR EVERY THREE YEARS. THE COMPENSATION COMMITTEE CONSISTING OF THE CURRENT CHAIR, THE VICE-CHAIR AND THE IMMEDIATE PAST CHAIR APPROVES THE ANNUAL SALARIES AND BONUSES OF THE PRESIDENT/CEO AND THE EXECUTIVE STAFF. SUCH COMPENSATION IS SUBSEQUENTLY REPORTED TO THE BOARD. ANY CHANGES TO THE CONTRACT OF THE PRESIDENT/CEO REQUIRES APPROVAL OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR REVIEW DURING NORMAL BUSINESS HOURS MONDAY THROUGH FRIDAY FROM 8:00AM TO 4:30PM AT CORPORATE HEADQUARTERS FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). GIC REAL ESTATE HOLDINGS LLC 3700 KOPPERS STREET BALTIMORE MD 21227 REAL ESTATE MD 0 1224944 GOODWILL INDUSTRIES OF THE CHESAPEAKE INC GOODWILL CHESAPEAKE EXCEL CENTERS LLC 3700 KOPPERS STREET BALTIMORE MD 21227 ADULT EDUCATION MD 0 1807559 GOODWILL INDUSTRIES OF THE CHESAPEAKE INC GOODWILL CHESAPEAKE SUSTAINABILITY CENTER LLC 3700 KOPPERS STREET BALTIMORE MD 21227 REAL ESTATE MD 0 25622517 GOODWILL INDUSTRIES OF THE CHESAPEAKE INC GOODWILL CHESAPEAKE GUILFORD RD LLC 3700 KOPPERS STREET BALTIMORE MD 21227 REAL ESTATE MD 0 5757317 GOODWILL INDUSTRIES OF THE CHESAPEAKE INC GOODWILL WORKS OF THE CHESAPEAKE INC 3700 KOPPERS STREET BALTIMORE MD 21227 260635788 SUPPORTING ORGANIZATION MD 501(C)(3) LINE 12A, I GOODWILL INDUSTRIES OF THE CHESAPEAKE INC 1 THE GOOD PLANET INC 3700 KOPPERS STREET BALTIMORE MD 21227 921197941 SUPPORTING ORGANIZATION MD 501(C)(3) LINE 12A, I N/A 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 GOODWILL WORKS OF THE CHESAPEAKE INC N 10847032 FAIR MARKET VALUE GOODWILL WORKS OF THE CHESAPEAKE INC O 3143797 FAIR MARKET VALUE GOODWILL WORKS OF THE CHESAPEAKE INC D 429910 FAIR MARKET VALUE