Form 990 for tax year 2024
Filed by GOODWILL INDUSTRIES OF HOUSTON FOUNDATION.
Totals
- Total revenue
- $3,279,049
- Total expenses
- $256,679
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $3,279,049
- Other revenue
- $0
- Total assets, end of year
- $92,313,128
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $92,313,128
- Program services expenses (Part IX)
- $256,679
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $256,679
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $3,279,049 · related or exempt $3,279,049
Functional expenses
Part IX, the statement of functional expenses.
-
11f · Fees: investment management
total $256,511 · program services $256,511
-
24a · Other expenses: BANK FEES
total $168 · program services $168
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $26,794,203 · end of year $22,900,745
-
11 · Investments: publicly traded securities
beginning of year $53,628,009 · end of year $69,412,383
-
27 · Net assets without donor restrictions
beginning of year $80,152,352 · end of year $92,043,268
-
28 · Net assets with donor restrictions
beginning of year $269,860 · end of year $269,860
Mission and programs · 2024
Mission
NON-PROFIT CORPORATION AIDING IN THE CHARITABLE FUNCTIONS OF GOODWILL INDUSTRIES OF HOUSTON (GWH) BY PROVIDING FUNDS.
-
GWH FOUNDATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF GWH, A SECTION 501(C)(3) ORGANIZATION.
Expenses $256,679
As filed on the 2024 return.
Listed in Part VII
-
Rachael MoricoRACHAEL MORICO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Matt ScholinMATT SCHOLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Jim VanderhiderJIM VANDERHIDER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
-
Brett BaucumBRETT BAUCUM
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Margaret Mauel SchwartzMARGARET MAUEL SCHWARTZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 0
-
David WebsterDAVID WEBSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Gil BeerGIL BEER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Michael J WincklerMICHAEL J WINCKLER
EXECUTIVE DIRECTOR
- Total calculated
- $440,469
- From this org
- $0
- From related orgs
- $436,469
- Other
- $4,000
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $335,176 related
- Bonus
- $0
- Other
- $0 + $101,293 related
- Deferred
- $0 + $4,000 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $440,469 related
-
Robert T WoodsROBERT T WOODS
CFO
- Total calculated
- $309,188
- From this org
- $0
- From related orgs
- $306,141
- Other
- $3,047
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $273,837 related
- Bonus
- $0 + $32,304 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $3,047 related
- Filer's total
- $0 + $309,188 related
-
Steve LufburrowSTEVE LUFBURROW
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $503,615
- From this org
- $0
- From related orgs
- $460,989
- Other
- $42,626
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $376,989 related
- Bonus
- $0 + $84,000 related
- Other
- $0
- Deferred
- $0 + $30,500 related
- Nontaxable benefits
- $0 + $12,126 related
- Filer's total
- $0 + $503,615 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART II, LINE 1 (II):
- STEVEN P. LUFBURROW'S COMPENSATION IS PAID BY THE RELATED ORGANIZATION GWH.
- PART II, LINE 2 (II):
- ROBERT T. WOODS'S COMPENSATION IS PAID BY THE RELATED ORGANIZATION GWH.
- PART II, LINE 2 (II):
- MICHAEL J. WINCKLER'S COMPENSATION IS PAID BY THE RELATED ORGANIZATION GWH.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
GOODWILL INDUSTRIES OF HOUSTON
501(C)(3) · PART VII · TX
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349317644
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