2018-10-05T07:02:28-05:00 2017-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVE STE 900 CHARLOTTE NC 28204 990 2017-01-01 270953369 GOODWILL INDUSTRIES OF THE VALLEY WORKS GOOD 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 BRUCE PHIPPS PRESIDENT AND CEO 5405810620 2018-10-01 1 AMANDA ADAMS P00748038 7043771678 38.142.98.34 2018-10-01 08:11:52 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 18694F53AD11E15FFCEA276DE93F63B2E746D691 2017 2018-06-14 16:35:46Z BRUCE PHIPPS 2502 MELROSE AVE NW ROANOKE VA 24017 72108870 0 X WWW.GOODWILLVALLEYS.COM X 2009 VA HELPING PEOPLE AND FAMILIES IN OUR COMMUNITY ACHIEVE A BETTER LIFE THROUGH WORK AND INDEPENDENCE. 22 22 1522 0 0 0 35379195 33423290 0 684109 178005 51760 1717947 1759842 37275147 35919001 0 7000000 0 0 17566529 19033070 0 0 0 24624133 14645056 42190662 40678126 -4915515 -4759125 12345868 7361324 1637127 1411708 10708741 5949616 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 33875817 7000000 1921784 DONATED GOODS: THE ORGANIZATION OPERATES RETAIL-TYPE THRIFT STORES AND COLLECTION CENTERS THAT PROCESS AND SELL DONATED GOODS SUCH AS CLOTHING, SHOES, TOYS, HOME WARES, AND VARIOUS OTHER ITEMS. NEARLY ALL DONATED GOODS THAT ARE NOT SOLD TO THE PUBLIC WITHIN A REASONABLE TIME ARE GATHERED AND SOLD TO THIRD PARTY COMPANIES ON A PER POUND BASIS. THESE COMPANIES THEN RECYCLE OR RE-USE THESE ITEMS. BOTH OF THESE OPERATIONS PROVIDE FUNDING TO SUPPORT THE MISSION BASED PROGRAMS OF THE ORGANIZATION AND ITS RELATED ORGANIZATION TO HELP PEOPLE WITH BARRIERS TO SUCCESS TO GET BACK TO WORK AND GAIN GREATER INDEPENDENCE. 2893951 533207 COMMERCIAL SERVICES: THROUGH COMMERCIAL SERVICES OPERATIONS THE ORGANIZATION IS ABLE TO EMPLOY INDIVIDUALS WITH MENTAL AND PHYSICAL DISABILITIES, AS WELL AS OTHER BARRIERS TO EMPLOYMENT, TO PROVIDE OUTSOURCING SOLUTIONS TO THIRD PARTY COMPANIES AND ORGANIZATIONS. WORK INCLUDES JANITORIAL SERVICES, MANUFACTURING AND/OR PACKAGING PRODUCTS AND OTHER WORK AS NEEDED. REVENUE GENERATED SUPPORTS THE ORGANIZATION'S MISSION PROGRAMS. 36769768 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 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 73 0 1 1522 1 0 0 0 0 0 0 0 0 0 1 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X THE CORPORATION 5405810620 2502 MELROSE AVE NW ROANOKE VA 24017 MIKE FLINT CHAIR 1.00 1.00 X X 0 0 0 TARA BRANSCOM VICE CHAIR 1.00 1.00 X X 0 0 0 DAN KARNES SECRETARY 1.00 1.00 X X 0 0 0 HOWARD LYON TREASURER 1.00 1.00 X X 0 0 0 WILL ANDREWS DIRECTOR 1.00 1.00 X 0 0 0 MELVA BELCHER DIRECTOR 1.00 1.00 X 0 0 0 JOHN CAPPS DIRECTOR 1.00 1.00 X 0 0 0 MATTHEW CHURCHILL DIRECTOR 1.00 1.00 X 0 0 0 LANCE FRANKLIN DIRECTOR 1.00 1.00 X 0 0 0 MAE HUFF DIRECTOR 1.00 1.00 X 0 0 0 ROBERT JEFFREY JR DIRECTOR 1.00 1.00 X 0 0 0 CHUCK KISER DIRECTOR 1.00 1.00 X 0 0 0 JIM 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 MELINDA PAYNE DIRECTOR 1.00 1.00 X 0 0 0 BRUCE PHIPPS PRESIDENT AND CEO 1.00 40.00 X 0 267057 35224 STEVEN KELLEY CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 148549 8002 DEB SAUNDERS CHIEF COMPLIANCE OFFICER 1.00 40.00 X 0 38657 8684 JACKSON G GREEN CHIEF OPERATIONS OFFICER 1.00 40.00 X 0 161849 27271 FRANK ROGAN CHIEF DEVELOPMENT OFFICER 1.00 40.00 X 0 140629 7655 LINDA LAMONA SR. VICE PRESIDENT 1.00 40.00 X 0 151123 16357 MARY ANN GILMER VICE PRESIDENT 1.00 40.00 X 0 118887 1457 KELLY COLEMAN VICE PRESIDENT 1.00 40.00 X 0 105667 12727 MINDY BOYD VICE PRESIDENT 40.00 1.00 X 123962 0 4373 123962 1132418 121750 1 0 1 0 RYDER TRANSPORTATION SERVICES PO BOX 402366 ATLANTA GA 303842366 TRANSPORTATION SERVICES 235916 FLEET SERVICES PO BOX 6293 CAROL STREAM IL 601976293 TRANSPORTATION SERVICES 203570 PENSKE TRUCK LEASING CO PO BOX 827380 PHILADELPHIA PA 191827380 TRANSPORTATION SERVICES 144820 VERIZON WIRELESS PO BOX 25505 LEHIGH VALLEY PA 180025505 TELECOMMUNICATIONS 125414 VALLEY STAFFING INC PO BOX 75343 CHICAGO IL 606755343 PERSONNEL SERVICES 110691 5 33423290 33423290 33423290 JANITORIAL & FLOOR CARE 453310 684109 684109 684109 2 2 29640 0 29640 29640 29640 51758 0 51758 51758 51758 37960751 36189869 1770882 1770882 -40680 -40680 -40680 35919001 2454991 0 40720 7000000 7000000 15178970 15178970 94634 94634 2653120 2653120 1106346 1106346 3908358 3908358 2229 2229 383716 383716 116 116 720707 720707 7128852 7128852 683923 683923 170170 170170 33137 33137 916076 916076 312467 312467 EQUIPMENT RENTAL 166037 166037 219268 219268 40678126 36769768 3908358 0 2630981 1631375 103003 22706 588544 487517 263538 370117 431023 378146 516700 12184 500000 504516 7828779 3966947 12345868 7361324 1468493 1336709 2578 6562 166056 68437 1637127 1411708 X 10708741 5949616 10708741 5949616 12345868 7361324 -4759125 0 X 0 1 X 1 0 X X X 1 GOODWILL INDUSTRIES 540884014 7 1 7000000 0 1 7000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51051 51051 416575 4915 411660 49074 7269 41805 504516 DUE FROM RELATED ORGANIZATION 3908385 DEPOSITS 58562 3966947 1 GOODWILL INDUSTRIES OF THE VALLEYS INC 2502 MELROSE AVE NW ROANOKE VA 24017 540884014 501(C)(3) 7000000 GENERAL SUPPORT 1 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. 0 0 0 0 0 0 0 0 0 BRUCE PHIPPS PRESIDENT AND CEO 0 262467 0 0 0 4590 0 11856 0 23368 0 302281 0 0 STEVEN KELLEY CHIEF FINANCIAL OFFICER 0 146231 0 0 0 2318 0 7312 0 690 0 156551 0 0 JACKSON G GREEN CHIEF OPERATIONS OFFICER 0 159124 0 0 0 2725 0 8575 0 18696 0 189120 0 0 LINDA LAMONA SR. VICE PRESIDENT 0 149080 0 0 0 2043 0 6089 0 10268 0 167480 0 0 PART I, LINE 3 ALL COMPENSATION FOR THE CEO AND EXECUTIVE TEAM IS PAID BY THE PARENT ORGANIZATION; GOODWILL INDUSTRIES OF THE VALLEYS, INC. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. IT IS RESPONSIBLE FOR DETERMINING 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 33366321 SALES PROCEEDS X 47 56969 AUCTION PRICE 0 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 INITIAL CALLS, PICK UP OF VEHICLES, AUCTIONS, AND PAPERWORK PROCESSING SUCH AS THE REPORTING OF FORMS 1098-C. THE ORGANIZATION RECEIVES REPORTS ON THE ACTUAL REVENUE RECEIVED FROM THE SALES. THESE REPORTED REVENUE AMOUNTS ARE THEN RECORDED IN THE FINANCIAL STATEMENTS. ALL OTHER DONATIONS ARE 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 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, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION FOR THE CEO AND EXECUTIVE TEAM IS PAID BY THE PARENT ORGANIZATION; GOODWILL INDUSTRIES OF THE VALLEYS, INC. THE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD AND MADE UP OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS. IT IS RESPONSIBLE FOR DETERMINING 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. 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 PART II, LINE 1B RAISE FUNDS TO SUPPORT GOODWILL PROGRAMS AND SERVICES THAT PROVIDE A HAND UP, NOT A HAND OUT, TO INDIVIDUALS WHO ARE IN NEED OF GOODWILL SERVICES TO GET BACK TO WORK, FIND A BETTER JOB, OR GAIN GREATER INDEPENDENCE. INDIVIDUALS SERVED HAVE VARIOUS BARRIERS TO EMPLOYMENT INCLUDING DISABILITIES, LACKING SKILLS, LOW INCOME, PRIOR INCARCERATIONS, AT-RISK OF DROPPING OUT OF SCHOOL, OR INVOLVEMENT WITH THE JUVENILE JUSTICE SYSTEM.