Better Business Bureau Report for
MERS / Missouri Goodwill Industries

Better Business Bureau Report issued November 2011
Better Business Bureau Report expires November 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: MERS / Missouri Goodwill Industries
Address: 1727 Locust Street
  St. Louis, MO 63103-1703
Phone: 314-241-3464
314-241-1133
Web Address: www.mersgoodwill.org
Also known as:MERS / Goodwill
Goodwill Industries
Missouri Goodwill Industries
Missouri Goodwill
Goodwill
MERS
MERS / Goodwill Industries
MERS / Missouri Goodwill
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Better Business Bureau Comments

Formerly known as:Metropolitian Employment and Rehabilitation Services

Year, State Incorporated: 1942, Missouri
Affiliates: None
Stated Purpose: "exists to provide opportunities for persons with barriers to employment to work and live more independently in the community."

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Evaluation Conclusions

               

MERS / Missouri Goodwill Industries (MGW) meets the 20 Standards for Charity Accountability.
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Programs

               

Comprehensive Vocational Evaluation Services, Employee Development Services, Community Employment Service, Skills Training Programs, Specialized Services, Contract Services, Summer Work Experience Program, Student Practicum Unit, and GED Assistance.

For the fiscal year ended December 31, 2010, MGW's program expenses were:

  
Stores and Salvage 73,382,491
Employment and Training 15,629,488
Contract Services 6,352,895
Other 1,648,470
Sheltered Workshop 668,896
Total Program Expenses: $97,682,240
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Governance

               

Chief Executive : Lewis C. Chartock, Ph.D., President and CEO
Compensation*:
 $474,312

Chair of the Board: Kraig Kreikemeier
Chair's Profession / Business Affiliation: Kreikemeier Group, LLC

Board Size: 34

Paid Staff Size: 1327

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, print advertisements, television, radio, grant proposals, internet
Fund raising costs were 4% of related contributions. (Related contributions, which totaled $39,022,242, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on MGW's audited financial statements for the fiscal year ended December 31, 2010.

Source of Funds  
Store and Salvage Sales 43,678,629
Contributions of Inventory 37,710,200
Employment and Training 16,076,967
Contract Services 7,117,591
Other Program 1,696,616
Investment Income 1,328,543
Miscellaneous 996,441
Associated Organizations 700,498
Sheltered Workshop 612,277
Other Contributions 611,544
Total Income $110,529,306


chart



Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 2%  Administrative: 5% 

Total income   $110,529,306
  Program expenses $97,682,240
  Fund raising expenses 1,683,272
  Administrative expenses 5,239,650
 
Total expenses   $104,605,162
Income in Excess of Expenses   5,924,144
Beginning net assets   27,568,692
Ending net assets   33,492,836
Total liabilities   7,931,787
Total assets   $41,424,623


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