2017-04-18T14:33:43-05:00 2016-09-30 271235638 MOUNTJOY CHILTON MEDLEY LLP 462 S FOURTH ST SUITE 2600 LOUISVILLE KY 402023445 990 2015-10-01 610475284 GOODWILL INDUSTRIES OF KY INC GOOD 5022721700 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 AMY LUTTRELL PRESIDENT 5022721700 2017-04-12 1 REBECCA L PHILLIPS CPA P00024055 5027491900 2015 2021-01-29 14:40:06Z AMY LUTTRELL 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 56636039 0 X WWW.GOODWILLKY.ORG X 1923 KY GOODWILL INDUSTRIES OF KENTUCKY INC.'S (GOODWILL) MISSION IS TO HELP PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES ACHIEVE AND MAINTAIN EMPLOYMENT TO GAIN A BETTER QUALITY OF LIFE THROUGH JOB CREATION, PLACEMENT, AND OTHER TRAINING. 14 14 208 1451 0 0 7132566 17052649 12114243 39281084 -19471 102879 13675497 43533 32902835 56480145 173272 70492 0 0 17243279 33926317 0 0 691221 9764482 16571981 27181033 50568790 5721802 5911355 123122004 125400131 38410837 35471566 84711167 89928565 X GOODWILL'S MISSION IS TO HELP PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES ACHIEVE AND MAINTAIN EMPLOYMENT TO GAIN A BETTER QUALITY OF LIFE. 0 0 33767597 32377502 GOODWILL INDUSTRIES OF KENTUCKY, INC.'S RETAIL PROGRAM HELPS PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES OBTAIN AND MAINTAIN EMPLOYMENT AT ONE OF ITS 64 STORES THROUGHOUT KENTUCKY BY PROVIDING EMPLOYMENT AND TRAINING OPPORTUNITIES. OVER 832 INDIVIDUALS WERE SERVED AND MORE THAN $11.1 MILLION WAS PAID IN MISSION-RELATED WAGES BY THE RETAIL PROGRAM. THE STORES SELL A VARIETY OF DONATED MERCHANDISE (DONATED BY THE GENERAL PUBLIC AND BUSINESSES) TO THE COMMUNITY AT DISCOUNTED PRICES TO DIVERT ITEMS FROM LOCAL LANDFILLS AND SUPPORT GOODWILL'S MISSION TO PUT KENTUCKIANS TO WORK. THE STORES GENERATED FUNDING TO SUPPORT EMPLOYMENT COUNSELING, EDUCATIONAL PROGRAMS, AND JOB TRAINING SERVICES THROUGH THE COMMUNITY EMPLOYMENT PROGRAM. DURING FY 2016, 548 PEOPLE WERE SERVED THROUGH THIS PROGRAM. 4052804 47650 1776393 GOODWILL INDUSTRIES OF KENTUCKY, INC.'S SPECIALIZED WORKFORCE DEVELOPMENT PROGRAMS DELIVERED JOB PLACEMENT AND RETENTION SERVICES, COUNSELING, SKILLS TRAINING, ASSESSMENTS, AND JOB COACHING TO PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES, ADVANCING THEIR VOCATIONAL OPPORTUNITIES, AND ASSISTING THEM IN OBTAINING AND MAINTAINING EMPLOYMENT. IN FY 2016, THESE SPECIALIZED PROGRAMS MADE 1,524 JOB PLACEMENTS, DELIVERED 4,809 SERVICES, AND PROVIDED INFORMATION AND SERVICE REFERRALS TO 15,361 PEOPLE WHO CONTACTED GOODWILL FOR ASSISTANCE. 3290970 3077754 GOODWILL INDUSTRIES OF KENTUCKY, INC., OPERATES TWO FULL-SERVICE STAFFING LOCATIONS IN KENTUCKY, HELPING PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES FIND TEMPORARY JOBS WITH THE ULTIMATE GOAL OF FULL-TIME EMPLOYMENT. THE PROGRAM, GTS STAFFING, SERVES RECENT IMMIGRANTS, EX-OFFENDERS, AND PEOPLE WHO EXPERIENCE HOMELESSNESS OR HAVE DISABILITIES, LIMITED EDUCATION OR WORK HISTORY, OR OTHER DISADVANTAGES THAT AFFECT THEIR ABILITY TO OBTAIN AND MAINTAIN EMPLOYMENT. EMPLOYMENT AT GTS STAFFING ENABLES THESE INDIVIDUALS TOEARN WAGES, GAIN WORK EXPERIENCE, AND EXPERIENCE A VARIETY OF EMPLOYMENT OPPORTUNITIES. GTS STAFFING PROVIDED 1,333 SERVICES AND 1,335 PLACEMENTS. 513 OF THESE PLACEMENTS WERE IN PROGRAMS OF GOODWILL INDUSTRIES OF KENTUCKY, INC. IN ADDITION, GTS STAFFING HELPED MOVE 132 INDIVIDUALS FROM TEMPORARY EMPLOYMENT TO PERMANENT POSITIONS WHILE PAYING $2,343,460 IN MISSION-RELATED WAGES. 1366873 1371411 GOODWILL INDUSTRIES OF KENTUCKY, INC. (GOODWILL) EMPLOYS PERSONS TO PROVIDE JANITORIAL AND CUSTODIAL SERVICES UNDER CONTRACTS. THESE SERVICES ARE PERFORMED WITH A WORKFORCE COMPRISED OF MORE THAN 85% OF PERSONS WITH SIGNIFICANT DISABILITIES. THIS PROGRAM IS CONSISTENT WITH GOODWILL'S MISSION. THESE CONTRACTS EMPLOYED 39 PERSONS AND PAID $475,674 IN MISSION-RELATED WAGES 725756 22842 533976 GOODWILL INDUSTRIES OF KENTUCKY, INC. CARS TO WORK PROGRAM HELPS PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES OBTAIN AFFORDABLE TRANSPORTATION TO ACHIEVE AND MAINTAIN EMPLOYMENT. THE VEHICLES IN THE PROGRAM ARE USED VEHICLES, PURCHASED BY OR DONATED TO CARS TO WORK. THOSE VEHICLES THAT ARE NOT SUITABLE FOR USE DIRECTLY BY MISSION-RELATED CLIENTS FOR WORK COMMUTING PURPOSES ARE SOLD AT THE CARS TO WORK AUTO AUCTION. CARS TO WORK SELLS USED VEHICLES TO REFERRED, MISSION-RELATED CLIENTS AT PRICE BELOW NADA VALUE WITH A WARRANTY FOR THE DURATION OF THE LOAN AND REIMBURSES LOAN INTEREST AT THE END OF THE LOAN TERM. PARTICIPANTS IN THE PROGRAM MUST BE REFERRED BY A QUALIFIED SOCIAL SERVICE AGENCY. TRANSPORTATION HELPS THESE MISSION-RELATED CLIENTS KEEP THEIR CURRENT JOB OR OBTAIN BETTER EMPLOYMENT TO SIGNIFICANTLY INCREASE THEIR INCOME. FAMILIES ARE ALSO ENRICHED BY ACCESS TO TRANSPORTATION AS CLIENTS' CHILDREN MAY BE ABLE TO PARTICIPATE IN AFTER-SCHOOL ACTIVITIES, PERHAPS FOR THE FIRST TIME. IN ADDITION, CLIENTS HAVE THE OPPORTUNITY TO BUILD THEIR CREDIT RATING AND IMPROVE THEIR CREDIT SCORE. PROGRAM PARTICIPANTS ALSO HAVE ACCESS TO COUNSELING AND GUIDANCE TO HELP THEM PROPERLY BUDGET FOR AND MAINTAIN THEIR VEHICLE TO IMPROVE THEIR CHANCES FOR EMPLOYMENT SUCCESS. 310 PEOPLE WERE SERVED BY THE CARS TO WORK PROGRAM AND 20 VEHICLES WERE PROVIDED TO PROGRAM PARTICIPANTS. 345686 100302 GOODWILL INDUSTRIES OF KENTUCKY, INC. PROVIDED JOB OPPORTUNITIES AND TRAINING FOR PERSONS WITH DISABILITIES OR OTHER DISADVANTAGES THROUGH ITS GOODSHRED SECURE DOCUMENT DESTRUCTION PROGRAM, WHICH EMPLOYED 4 PEOPLE AND PAID $33,483 IN MISSION-RELATED WAGES. 80934 43746 GOODWILL INDUSTRIES OF KENTUCKY, INC. PROVIDES JOB OPPORTUNITIES AND TRAINING IN JANITORIAL SERVICES FOR PEOPLE WITH DISABILITIES OR OTHER DISADVANTAGES THROUGH COMMERCIAL CONTRACTS. 2519249 22842 2049435 43630620 1 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 111 0 1 208 1 0 0 0 0 0 0 0 0 0 1 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X MARK HOHMANN CFO 5022721700 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 CHARLES F LAMBERT III IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 LINDA SCHOLLE COWAN CHAIRPERSON 1.00 X X 0 0 0 EMILY LEDFORD LAWRENCE SECOND VICE CHAIRPERSON 1.00 X X 0 0 0 JEANNA JONES TREASURER 1.00 X X 0 0 0 ELLIE KERSTETTER SECRETARY 1.00 X X 0 0 0 JASON GRONECK BOARD MEMBER 1.00 X 0 0 0 DANIEL HALL FIRST VICE CHAIR 1.00 X 0 0 0 DWIGHT L HAYGOOD JR BOARD MEMBER 1.00 X 0 0 0 JEFFREY V MCGOWAN BOARD MEMBER 1.00 X 0 0 0 FAITH P MERCKE BOARD MEMBER 1.00 X 0 0 0 RON SANTELLA BOARD MEMBER 1.00 X 0 0 0 TED SMITH BOARD MEMBER 1.00 X 0 0 0 CHARLES J KANE BOARD MEMBER 1.00 X 0 0 0 WILLIAM STOUT BOARD MEMBER 1.00 X 0 0 0 AMY LUTTRELL PRESIDENT & CEO 40.00 X 314851 0 64928 MARK HOHMANN - START 052016 CHIEF FINANCIAL OFFICER 40.00 X 0 0 0 LORI COLLINS - START 122015 VICE-PRESIDENT EAST PROGRAM SERVICES 40.00 X 0 0 0 ERIN GOLD - END 112015 VICE-PRESIDENT BLUEGRASS 40.00 X 146239 0 28980 MARSHA BERRY VICE-PRESIDENT WEST PROGRAM SERVICES 40.00 X 211671 0 22274 DAVID COBB VICE-PRESIDENT HUMAN RESOURCES & EXTERNAL AFFAIRS 40.00 X 162972 0 25693 KIM BURSE-END 22016 VICE-PRESIDENT ADMINISTRATIVE 40.00 X 164632 0 19251 JOSHUA PIERCE - START 012016 VICE-PRESIDENT EAST RETAIL 40.00 X 0 0 0 JOHN WADE VICE-PRESIDENT WEST RETAIL 40.00 X 164772 0 17748 KRISTEL FITZGERALD VICE-PRESIDENT SPECIAL PROJECTS 40.00 X 106209 0 27949 ROLAND BLAHNIK PRESIDENT EMERITUS 40.00 X 308245 0 33217 VICKI BUDD - START 022015 DIRECTOR OF HR & ORGANIZATIONAL CULTURE 40.00 X 104524 0 1472 1684115 0 241512 9 0 1 0 BRASCH CONSTRUCTORS 901 LAMPTON ST LOUISVILLE KY 40204 CONSTRUCTION 1153575 ADVANCED BUSINESS SOLUTIONS 2908 BROWNSBORO RD SUITE 206 LOUISVILLE KY 40206 IT CONSULTING 250915 ULTIMATE SOFTWARE PO BOX 930953 ATLANTA GA 311930953 IT CONSULTING 168000 ADP INC PO BOX 842875 BOSTON MA 022842875 PAYROLL PROCESSING 143802 HALL CONTRACTING PO BOX 37270 LOUISVILLE KY 402337270 CONSTRUCTION 118379 5 660739 16391910 16021124 17052649 NET SALES FROM RETAIL 453310 32465688 32465688 WORKFORCE DEVELOPMENT 624310 4892320 4892320 CONTRACT REVENUE 561700 1461441 1461441 NET SALES FROM CAR SAL 453310 461635 461635 39281084 200150 200150 27600 0 27600 27600 27600 58623 55414 100480 3209 -100480 -97271 -97271 MISCELLANEOUS REVENUE 900099 15933 15933 15933 56480145 39281084 0 146412 25150 25150 45342 45342 1982734 897835 1002546 82353 25061417 22610269 2360849 90299 888119 732822 146824 8473 3634094 3093707 517308 23079 2359953 2119576 227593 12784 228583 228583 59227 59227 1164224 694914 451275 18035 683927 131957 106824 445146 1740899 1570074 164432 6393 516176 399515 116661 6397195 6234657 162538 944885 834280 107668 2937 410762 410762 2805237 2596933 208304 MISCELLANEOUS 922509 857315 65194 0 EQUIPMENT RENTAL AND MA 294767 194779 99783 205 MEMBERSHIPS & DUES 195496 24261 170620 615 SPECIFIC ASSISTANCE 136518 108133 27594 791 71576 48339 23126 111 50568790 43630620 6246949 691221 X 25071812 26735931 4324272 5818747 190731 195816 940554 769078 2353722 2147937 793989 580526 97347742 25914966 68662476 71432776 17180563 17300514 26969 365482 3576916 53324 123122004 125400131 5450509 4815773 32326250 30162830 634078 492963 38410837 35471566 X 84453164 89596572 175229 101688 82774 230305 84711167 89928565 123122004 125400131 X 5911355 -25145 -668812 X X 0 1 X 1 1 1 X 8446802 5620135 7537195 7132566 17052649 45789347 8446802 5620135 7537195 7132566 17052649 45789347 45789347 132866 117653 123204 149317 227750 750790 382726 22156 16268 26886 15933 463969 47004106 121180062 0.97420 0.96960 X 0 1 0 0 0 0 0 0 1 7834 7834 0 PART II-B, LINE 1: DEVELOPMENT AND GENERATION OF SUPPORT FOR: 1) LEGISLATION DESIGNED TO FOSTER EMPLOYMENT OF PERSONS WITH DISABILITIES OR OTHER DISADVANTAGES AT THE STATE AND FEDERAL LEVELS OF GOVERNMENT 2) LEGISLATION REGULATING DONATED CLOTHING BOXES AT THE LOCAL LEVEL OF GOVERNMENT. 102091 172677 4131 39147 239752 104263 -3226 -1054 102091 89220 7543 -7500 104263 89271 25 -76 89220 74020 15251 89271 0.96060 0.03940 1 0 3073780 19007868 22081648 58939407 12950340 45989067 2980375 1670719 1309656 12751075 10273683 2477392 595237 1020224 -424987 71432776 L-T UI RESERVE 382740 DEFERRED COMPENSATION 110223 492963 X PART V, LINE 4: THE PERMANENT ENDOWMENT IS MADE UP OF TWO COMPONENTS. BOTH PROVIDE INVESTMENT GROWTH AND INCOME FUNDS THAT ARE TO BE USED TOWARDS 1) TUITION FOR SCHOLARSHIP ASSISTANCE FOR PERSONS WITH DISABILITIES; AND 2) OPERATIONAL NEEDS THAT ASSIST IN THE FULFILLMENT OF THE COMPANY'S MISSION. PART X, LINE 2: GOODWILL INDUSTRIES OF KENTUCKY, INC. IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GOODWILL INDUSTRIES WORKS, LLC AND GOODWILL OF KENTUCKY TEMPORARY SERVICES, LLC ARE SINGLE-MEMBER LIMITED LIABILITY COMPANIES AND CONSIDERED DISREGARDED ENTITIES FOR TAX PURPOSES. GOODWILL RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. 1 COMMONWEALTH OF KY OFFICE OF VOCATIONAL REHAB 275 EAST MAIN ST MAIL DROP 2-EK FRANKFORT KY 40621 610600439 115(1) 25000 ASSIST AGENCY IN CARRYING OUT VOCATIONAL REHABILITATION SERVICES 1 0 BUS PASSES, GAS CARDS AND CASH AWARDS FOR PERFECT PROGRAM ATTENDANCE AND EDUCATIONAL ACHIEVEMENT (LESS THAN $525 PER RECIPIENT) 223 20110 2390 PURCHASE PRICE GAS CARDS AND BUS PASSES TO REMOVE TRANSPORTATION BARRIERS FOR RECIPIENTS' PARTICIPATION IN THE PROGRAM DISCOUNT ON PURCHASE PRICE OF VEHICLE AND THE ASSOCIATED VEHICLE WARRANTY 20 0 22842 OTHER .VEHICLES AND WARRANTIES PROVIDED AT SIGNIFICANT DISCOUNT PERCENTAGES OFF THE VEHICLE BLUE BOOK VALUE AND WARRANTY RETAIL PRICE. FINANCIAL GUIDANCE AS TO AFFORDABILITY IS ALSO PROVIDED. PART I, LINE 2: MONETARY AWARDS ARE GIVEN FOR PERFECT PROGRAM ATTENDANCE AND EDUCATIONAL ACHIEVEMENT (I.E. GED, CNA CERTIFICATION, ETC.) OTHER ASSISTANCE IS GIVEN IN THE FORM OF GAS CARDS AND BUS PASSES TO REMOVE TRANSPORTATION AS A BARRIER FOR RECIPIENTS' PARTICIPATION IN THE PROGRAM. X X X X X 0 1 0 0 0 1 1 0 0 AMY LUTTRELL PRESIDENT & CEO 298913 0 15938 0 0 0 52000 0 12928 0 379779 0 0 0 ERIN GOLD - END 112015 VICE-PRESIDENT BLUEGRASS 146239 0 0 0 0 0 0 0 28980 0 175219 0 0 0 MARSHA BERRY VICE-PRESIDENT WEST PROGRAM SERVICES 187115 0 24556 0 0 0 0 0 22274 0 233945 0 0 0 DAVID COBB VICE-PRESIDENT HUMAN RESOURCES & EXT 162972 0 0 0 0 0 0 0 25693 0 188665 0 0 0 KIM BURSE-END 22016 VICE-PRESIDENT ADMINISTRATIVE 164632 0 0 0 0 0 0 0 19251 0 183883 0 0 0 JOHN WADE VICE-PRESIDENT WEST RETAIL 140659 0 24113 0 0 0 0 0 17748 0 182520 0 0 0 ROLAND BLAHNIK PRESIDENT EMERITUS 257190 0 0 0 51055 0 0 0 33217 0 341462 0 0 0 PART I, LINE 4B GOODWILL OF KENTUCKY OFFERS A SUPPLEMENTAL RETIREMENT PLAN TO CERTAIN EXECUTIVES OF THE ORGANIZATION. THE VALUE OF THE PLAN IS DETERMINED ANNUALLY BASED UPON A COMBINATION OF EMPLOYER CONTRIBUTIONS AND AN ANALYSIS OF THE PLAN. AMY LUTTRELL, PRESIDENT, AND ROLAND R. BLAHNIK, PRESIDENT EMERITUS, PARTICIPATED IN THIS PLAN DURING 2015. THE CHANGE IN THE PLAN VALUE FOR MS. LUTTRELL WAS $56,161. THE CHANGE IN THE PLAN VALUE FOR MR. BLAHNIK WAS $51,055. PART I, LINE 6 GOODWILL INDUSTRIES OF KENTUCKY, INC. HAS AN INCENTIVE COMPENSATION PLAN WHICH IS PART OF THE OVERALL COMPENSATION PROGRAM. THE GOAL OF THE PLAN IS TO FOCUS ECONOMIC INCENTIVES ON PROGRAM RESULTS AND THE AREAS IN WHICH GOODWILL OPERATES "BUSINESSES." THE PLAN FOCUSES ON THE CORE TO OBTAINING THE ORGANIZATION'S MISSION AND THE ECONOMIC STABILITY OF THE COMPANY. OFFICER PARTICIPANTS MAY EARN UP TO 20% ABOVE THEIR BASE PAY BY MEETING SIX ESTABLISHED CRITERIA RELATED TO: MISSION WAGES, PLACEMENTS OF PERSONS WITH DISABILITIES OR OTHER DISADVANTAGES, AGENCY ECONOMIC STABILITY, THE DONATED GOODS PROGRAM SUCCESS, DIVISION (AREAS OF PARTICIPANTS' RESPONSIBILITY) ECONOMIC SUCCESS, AND MAINTENANCE OF PROPERTIES AND EQUIPMENT. THE AGENCY ECONOMIC STABILITY AND DIVISION SUCCESS ENTAILS MEETING FISCAL YEAR NET EARNING GOALS/BUDGET AMOUNTS WHICH INCLUDES GOODWILL INDUSTRIES WORKS, LLC'S NET EARNINGS GOAL/BUDGET AMOUNTS. A CITY OF LYNDON KENTUCKY 610662393 2013-12-19 35265000 REFUNDING OF 2007 AND 2010 BONDS 0 0 0 A 5102170 35265000 35265000 2013 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 1 A 1 X 687997 FMV X 15005237 FMV X 816 327890 FMV 0 0 0 1 PART I, LINE 32B: GOODWILL INDUSTRIES OF KY, INC WILL OCCASIONALLY USE INDEPENDENT THIRD PARTY AUCTION HOUSES TO SELL SURPLUS DONATED VEHICLES. FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF THE DRAFT FORM 990 RETURN, THE DOCUMENT, ALL ATTACHED SCHEDULES, AND ACCOMPANYING EXPLANATION SHEETS ARE PRESENTED TO THE GOODWILL INDUSTRIES OF KENTUCKY AUDIT COMMITTEE FOR REVIEW AND APPROVAL. ELECTRONIC COPIES ARE SENT AHEAD OF THE MEETING. AFTER OBTAINING THE AUDIT COMMITTEE'S APPROVAL, AN ELECTRONIC COPY IS THEN E-MAILED TO THE GOODWILL INDUSTRIES OF KENTUCKY, INC. BOARD OF DIRECTORS PRIOR TO THE FORM 990 BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, GOODWILL INDUSTRIES OF KENTUCKY, INC. ASKS ITS OFFICERS AND DIRECTORS TO COMPLETE A QUESTIONNAIRE WHICH DEFINES AND DESCRIBES THE COMPANY'S CONFLICTS OF INTEREST POLICY AND ASKS IF THERE WERE BUSINESS TRANSACTIONS THAT HAVE OCCURRED OR PERSONAL RELATIONSHIPS WHICH CAUSE A CONFLICT. THE COMPANY ALSO HAS AN ANONYMOUS TIP LINE THAT CAN BE USED FOR PERSONS TO REPORT SUSPECTED CONFLICTS THAT WOULD VIOLATE COMPANY POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF GOODWILL INDUSTRIES OF KENTUCKY, INC. INITIATES THE REBUTTABLE PRESUMPTION PROCESS FOR COMPENSATION BY ANNUALLY REVIEWING THE COMPENSATION FOR THE PRESIDENT/CEO AS WELL AS THE VICE PRESIDENTS AND OTHER DISQUALIFIED POSITIONS. THE COMMITTEE ENGAGES AN OUTSIDE COUNSEL FOR THE COMPENSATION REVIEW. THE COMMITTEE REVIEWS COMPARATIVE DATA PROVIDED BY OUTSIDE COUNSEL. THE COMMITTEE THEN PRESENTS ITS RECOMMENDATIONS FOR THE CEO'S COMPENSATION AND THE COMPENSATION LIMITS OF OTHER DISQUALIFIED POSITIONS TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 IN AN EFFORT TO MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, GOODWILL INDUSTRIES OF KENTUCKY, INC. PLACES THE LAST THREE YEAR'S 990 TAX RETURN AND ANNUAL REPORT ON ITS WEBSITE. THE ANNUAL REPORT IS ALSO BROADLY DISTRIBUTED IN COMMUNITIES IN WHICH THE COMPANY OPERATES. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE PROVIDED TO THOSE WHO REQUEST THEM. PART X, COLUMN A, LINES 2 & 11 BEGINNING OF THE YEAR BALANCES WERE RECLASSIFIED CONSISTENT WITH THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: TRANSFERS -668,812. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE AUDIT IS REVIEWED AND APPROVED BY THE ADMINISTRATIVE OFFICE STAFF. THE AUDIT IS THEN PRESENTED TO THE AUDIT COMMITTEE FOR FULL REVIEW AND ACCEPTANCE. THE AUDIT COMMITTEE REPORTS TO THE BOARD OF DIRECTORS THE RESULTS OF THE AUDIT AND THE BOARD ACCEPTS THE FINAL AUDIT. THE SELECTION OF THE INDEPENDENT ACCOUNTING FIRM IS CONDUCTED THROUGH THE AUDIT COMMITTEE. GOODWILL INDUSTRIES WORKSLLC 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 753157787 MISSION EMPLOYMENT KY 0 551024 GOODWILL INDUSTRIES OF KY INC GOODWILL OF KENTUCKY TEMPORARY SERVICES LLC 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 611316311 MISSION EMPLOYMENT KY 0 100000 GOODWILL INDUSTRIES OF KY INC INDEPENDENT INDUSTRIES INC 1325 SOUTH FOURTH STREET LOUISVILLE KY 40208 432017147 MISSION EMPLOYMENT KY 501(C)(3) LINE 9 GWIK 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 INDEPENDENT INDUSTRIES S 668812 FMV