2019-07-26T11:53:09-05:00 2018-12-31 540504608 BROWN EDWARDS & COMPANY LLP 319 MCCLANAHAN STREET SW ROANOKE VA 24014 990 2018-01-01 270953369 GOODWILL INDUSTRIES OF THE VALLEY WORKS GOOD 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 BRUCE PHIPPS PRESIDENT AND CEO 5405810620 2019-07-25 1 MELISSA STANLEY P00720497 5403450936 2019-07-25 206.248.228.130 2019-07-25 15:02:59 ED P 1626BA036CF3DDA5592C13B1B33E888B46C24478 1626BA036CF3DDA5592C13B1B33E888B46C24478 2018 2019-02-21 02:37:17Z BRUCE PHIPPS 2502 MELROSE AVE NW ROANOKE VA 24017 76399454 0 X WWW.GOODWILLVALLEYS.COM X 2009 VA HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE 16 16 1445 0 0 0 33423290 37099834 684109 39204720 51760 1 1759842 94899 35919001 76399454 7000000 3908385 0 0 19033070 18475469 0 0 0 14645056 53463224 40678126 75847078 -4759125 552376 7361324 33734518 1411708 27234784 5949616 6499734 GOODWILL PROVIDES WORK AND TRAINING PROGRAMS THAT EMPOWER YOUTH, ADULTS AND SENIORS TO ACHIEVE THEIR GREATEST POTENTIAL. GOODWILL HELPS PEOPLE WHO HAVE DISABILITIES, DISADVANTAGES OR NEED TO ENHANCE SKILLS TO FIND A BETTER JOB. 0 0 66694964 3908385 DONATED GOODS - GOODWILL COLLECTS ITEMS THAT THE PUBLIC NO LONGER NEEDS AT COMMUNITY DONATION CENTERS AND SELLS THESE ITEMS IN RETAIL STORES THAT IT OPERATES. DONATED ITEMS THAT ARE SOLD IN STORES INCLUDE CLOTHING, SHOES, TOYS, HOUSEHOLD GOODS, FURNITURE, SMALL ELECTRONICS, AND VARIOUS OTHER ITEMS. THE REVENUES GENERATED FROM STORE SALES HELP TO FUND THE ORGANIZATION'S JOB TRAINING AND EMPLOYMENT PROGRAMS THAT ASSIST YOUTH, ADULTS, AND SENIORS WITH BARRIERS TO EMPLOYMENT TO GET BACK TO WORK AND GAIN GREATER INDEPENDENCE. THIS FUNDING SUPPORTS BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 702653 COMMERICAL SERVICES - GOODWILL PROVIDES OUTSOURCING SOLUTIONS TO AREA BUSINESSES IN FIELDS SUCH AS JANITORIAL, PACKAGING, AND PRODUCTION AND ASSEMBLY. INDIVIDUALS WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT WORK ON THESE JOBS THAT TAKE PLACE AT EITHER AN AREA BUSINESS OR AT A GOODWILL FACILITY. COMMERCIAL SERVICES NOT ONLY PROVIDES PAID WORK OPPORTUNITIES FOR INDIVIDUALS IN GOODWILL PROGRAMS BUT ALSO PROVIDES REVENUE TO SUPPORT BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 4517352 SALVAGE - IF DONATED ITEMS THAT ARE COLLECTED BY THE ORGANIZATION (SEE 4A ABOVE) CANNOT BE SOLD IN THE RETAIL STORES, GOODWILL MAKES EVERY EFFORT TO RECYCLE THESE ITEMS THROUGH THIRD-PARTY COMPANIES. THESE ITEMS ARE SOLD ON A PER POUND BASIS TO THESE COMPANIES, WHICH IN TURN RECYCLE OR REUSE THE PRODUCT. GOODWILL SALVAGE OPERATIONS PROVIDES CRITICAL REVENUES TO SUPPORT GOODWILL PROGRAMS AND BOTH GOODWILL INDUSTRIES OF THE VALLEY WORKS AND ITS PARENT COMPANY GOODWILL INDUSTRIES OF THE VALLEYS, INC. 71914969 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 77 0 1 1445 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X THE CORPORATION 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 TARA BRANSCOM CHAIR 1.00 1.00 X X 0 0 0 DAN KARNES VICE CHAIR 1.00 1.00 X X 0 0 0 HOWARD LYON TREASURER 1.00 1.00 X X 0 0 0 ROBERT JEFFREY JR SECRETARY 1.00 1.00 X X 0 0 0 WILLIAM ANDREWS DIRECTOR 1.00 1.00 X 0 0 0 MELVA BELCHER DIRECTOR 1.00 1.00 X 0 0 0 AARON BOUSH DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW CHURCHILL DIRECTOR 1.00 1.00 X 0 0 0 MIKE FLINT DIRECTOR 1.00 1.00 X 0 0 0 MAE HUFF DIRECTOR 1.00 1.00 X 0 0 0 CHUCK KISER DIRECTOR 1.00 1.00 X 0 0 0 JAMES LAUB DIRECTOR 1.00 1.00 X 0 0 0 NATHANIEL MARSHALL DIRECTOR 1.00 1.00 X 0 0 0 ROY MARTIN DIRECTOR 1.00 1.00 X 0 0 0 CAMILLE WRIGHT MILLER DIRECTOR 1.00 1.00 X 0 0 0 JOHN WOOD DIRECTOR 1.00 1.00 X 0 0 0 BRUCE PHIPPS PRESIDENT & CEO 1.00 40.00 X 0 276904 35257 JACKSON G GREEN COO 1.00 40.00 X 0 161937 14892 STEVEN KELLEY CFO 1.00 40.00 X 0 149807 8073 FRANK ROGAN CDO 1.00 40.00 X 0 140157 7522 KELLY SANDRIDGE VICE PRESIDENT 1.00 40.00 X 0 105926 9554 MARY ANN GILMER VICE PRESIDENT 1.00 40.00 X 0 117732 690 MINDY BOYD VICE PRESIDENT 40.00 X 121137 0 8565 JODI HENRICKSON VICE PRESIDENT 40.00 X 87264 0 11226 MARIE BLISS SENIOR DIRECTOR 1.00 40.00 X 0 100840 8807 208401 1053303 104586 1 0 1 0 RYDER TRANSPORTATION SERVICES PO BOX 402366 ATLANTA GA 303842366 TRANSPORTATION SERVICES 343833 FIRST PIEDMONT PO DRAWER 1069 CHATHAM VA 24531 GARBAGE SERVICES 235679 WASTE MANAGEMENT OF BLUE RIDGE PO BOX 13648 PHILADELPHIA PA 191013648 GARBAGE SERVICES 227224 PENSKE TRUCK LEASING CO PO BOX 827380 PHILADELPHIA PA 191827380 TRANSPORTATION SERVICES 167903 RED HILL BUILDING SERVICES 1823 TAYLORS GAP ROAD NORTH GARDEN VA 22959 CONSTRUCTION SERVICES - FLOORING 152788 5 37099834 37083594 37099834 STORES & SALVAGE SALES 453310 35458669 35458669 CONTRACT REVENUE 453310 3432550 3432550 JANITORIAL & FLOOR CARE 453310 313501 313501 39204720 1 1 32380 0 32380 32380 32380 MISCELLANEOUS REVENUE 900099 62519 62519 62519 76399454 39267239 0 32381 3908385 3908385 14711544 14711544 107709 107709 2579227 2579227 1076989 1076989 3932109 3932109 6883 6883 15978 15978 10194 10194 330 330 104516 104516 7560342 7560342 410010 410010 188473 188473 61052 61052 920485 920485 299374 299374 DONATED PROGRAM MATERIA 35458669 35458669 MATERIALS, SUPPLIES, AN 3308299 3308299 COMMISSIONS 430596 430596 VEHICLE LEASE EXPENSE 354607 354607 401307 401307 75847078 71914969 3932109 0 1631375 2200398 22706 487517 790279 370117 1861819 378146 356130 539862 28352 504516 511510 3966947 28014382 7361324 33734518 1336709 1487261 6562 2000 68437 98954 0 25646569 1411708 27234784 X 5949616 6499734 5949616 6499734 7361324 33734518 552376 -2258 0 X X 0 1 X 1 0 X X X 1 GOODWILL INDUSTRIES 540884014 7 1 3908385 0 1 3908385 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51051 51051 434373 13926 420447 54298 14426 39872 140 140 511510 DUE FROM RELATED ORGANIZATION 2305249 DEPOSITS 62564 RIGHT-OF-USE ASSET 25646569 28014382 RIGHT-OF-USE LEASE LIABILITY 25646569 25646569 1 GOODWILL INDUSTRIES OF THE VALLEYS INC 2502 MELROSE AVE NW ROANOKE VA 24017 540884014 501(C)(3) 3908385 GENERAL SUPPORT PART I, LINE 2: GOODWILL INDUSTRIES OF THE VALLEY WORKS ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS. THE CLOSE RELATIONSHIP BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. X X X 0 0 0 0 0 0 0 0 0 BRUCE PHIPPS PRESIDENT & CEO 0 276904 0 0 0 0 0 11022 0 24235 0 312161 0 0 JACKSON G GREEN COO 0 161937 0 0 0 0 0 8613 0 6279 0 176829 0 0 STEVEN KELLEY CFO 0 149807 0 0 0 0 0 7383 0 690 0 157880 0 0 PART I, LINE 3 ALL COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM IS PAID BY THE RELATED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS, INC. A COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, TO RESPONSIBLY DETERMINE THE COMPENSATION OF THE PRESIDENT & CEO WHO HAS OVER 40 YEARS OF LEADERSHIP EXPERIENCE WITH GOODWILL. THE COMMITTEE USES AN ANNUAL MARKET SALARY STUDY FROM A THIRD PARTY THAT COMPARES POSITIONS BY INDUSTRY, GEOGRAPHIC SCOPE, AND ANNUAL REVENUE FOR BASE SALARY AND TOTAL COMPENSATION. A REVIEW OF THE PREVIOUS YEAR'S OUTCOMES, PERFORMANCE, AND GOALS ATTAINED ARE ALSO CONSIDERED DURING THE PERFORMANCE AND COMPENSATION REVIEW. DISCUSSIONS OF COMPENSATION ARE RECORDED IN THE BOARD MINUTES. X 35413744 SALES PROCEEDS X 35 44925 AUCTION PRICE 0 0 1 PART I, LINE 32B: GOODWILL CONTRACTS WITH A THIRD PARTY PROVIDER TO PROCESS AND SELL THE DONATED VEHICLES. THE THIRD PARTY PROVIDER MANAGES THE PROCESS WHICH INCLUDES THE INTIAL CALLS, PICK UP OF VEHICLES, AUCTIONS,AND PAPERWORK PROCESSING SUCH AS REPORTING OF FORMS 1098-C. THE ORGANIZATION RECEIVES REPORTS ON THE ACTUAL REVENUE RECEIVED FROM THE SALES. THESE REPORTED REVENUE AMOUNTS ARE THEN RECORDED AT EITHER ACTUAL FAIR MARKET VALUE RECEIVED OR ESTIMATED RESALE VALUE. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS SIGNED BY THE CEO AND ELECTRONICALLY SUBMITTED TO THE IRS. THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, SENIOR LEADERSHIP MEMBERS, AND DIRECTOR LEVEL EMPLOYEES MUST COMPLETE AND SIGN A DISCLOSURE FORM ANNUALLY THAT STATES THEY HAVE READ, AGREE WITH, AND ABIDE BY THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANY GOVERNING BOARD MEMBER HAVING A DUALITY OF INTEREST OR POSSIBLE CONFLICT OF INTEREST ON ANY MATTER SHOULD NOT VOTE OR USE HIS/HER PERSONAL INFLUENCE ON THE MATTER. AND HE/SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHEN PERMITTED BY LAW. THE MINUTES OF THE MEETING SHOULD REFLECT THAT A DISCLOSURE WAS MADE. FORM 990, PART VI, SECTION B, LINE 15A ALL COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM IS PAID BY THE RELATED ORGANIZATION, GOODWILL INDUSTRIES OF THE VALLEYS, INC. A COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, TO RESPONSIBLY DETERMINE THE COMPENSATION OF THE PRESIDENT & CEO WHO HAS OVER 40 YEARS OF LEADERSHIP EXPERIENCE WITH GOODWILL. THE COMMITTEE USES AN ANNUAL MARKET SALARY STUDY FROM A THIRD PARTY THAT COMPARES POSITIONS BY INDUSTRY, GEOGRAPHIC SCOPE, AND ANNUAL REVENUE FOR BASE SALARY AND TOTAL COMPENSATION. A REVIEW OF THE PREVIOUS YEAR'S OUTCOMES, PERFORMANCE, AND GOALS ATTAINED ARE ALSO CONSIDERED DURING THE PERFORMANCE AND COMPENSATION REVIEW. DISCUSSIONS OF COMPENSATION ARE RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 GOODWILL MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GOODWILL INDUSTRIES OF THE VALLEYS INC 2502 MELROSE AVENUE NW ROANOKE VA 24017 540884014 CHARITABLE ACTIVITY VA 501(C)(3) LINE 7 0 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0