BBB Charity Review


This BBB Accredited Charity meets all 20 Standards for Charity Accountability.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.

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Name: Goodwill Industries of Greater Grand Rapids
Phone: (616) 532-4200
Address: 3035 Prairie St SW
Grandville, MI 49418-2000
Website: www.goodwillgr.org
Report Issued Date: December 9, 2015
Report Expiration Date: December 10, 2017
Original Business Start Date: October 1966
Principal: Ms. Kathy Crosby, President & CEO
Customer Contact: Ms. Kathy Crosby, President & CEO - (616) 532-4200
Entity: Corporation
Incorporated: October 1966, MI
Employees: 384 full time and 308 part time
Type of Business: Charity - Local, Charity - Education & Literacy, Charity - Human Services (i.e. assistance to individuals & families)

Stated Purpose

Changing lives and communities through the power of work.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


Programs

Goodwill Industries of Greater Grand Rapids, Inc. is a non-profit organization dedicated to changing lives through the power of work. Since 1966, the organization has offered a wide range of employment and training programs to assist those with disabilities and other barriers to employment in developing their marketable skills in order to find meaningful employment. Its efforts are supported by revenues from its 19 and counting retail stores in an eight-county area, as well as from monetary donations.

For the year ended December 31, 2014, Goodwill Industries of Greater Grand Rapids's program expenses were:

Total Program Services Expenses:$30,477,036
 
Total Program Expenses:$30,477,036

Governance

Chief Executive Officer:Kathy Crosby, President and CEO
CEO Compensation:$250,432
Chair of the Board:Wade McConnell
Chair's Profession / Business Affiliation:Partner, Schnelker, Rassi, & McConnell, PLC
Board Size:20
Paid Staff Size:384 full time and 308 part time

Fund Raising

Method(s) Used:Fund raising methods include: Direct Mail Appeals, Invitations to Fund Raising Events, Television, and Grant Proposals.


Financial

According to Goodwill Industries of Greater Grand Rapids's IRS Form 990 for the year ended December 31, 2014:

Income
 Total Revenue$34,207,519
 Total Income:$34,207,519
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$30,477,036 88.84%89.09%
 Fund Raising:$117,542 0.34%0.34%
 Administrative:$3,712,184 10.82%10.85%
 Total Expenses:$34,306,762
 
Excess of Income over Expenses$-99,243
Beginning Net Assets$6,420,682
Ending Net Assets:$6,321,439
Total Assets$14,372,920
Total Liabilities$8,051,481

Report as of May 29, 2016 19:27
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