Skip to content
Nonprofiteer
← GOODWILL INDUSTRIES OF SOUTHERN NEW JERSEY

Form 990 for tax year 2024

Filed by GOODWILL INDUSTRIES OF SOUTHERN NEW JERSEY.

Totals

Total revenue
$71,212,543
Total expenses
$72,550,301
Contributions and grants received
$52,546,397
Grants paid
$0
Program service revenue
$3,529,156
Investment income
$189,426
Other revenue
$14,947,564
Total assets, end of year
$76,273,000
Total liabilities, end of year
$56,933,640
Net assets or fund balances, end of year
$19,339,360
Program services expenses (Part IX)
$67,801,344
Management and general expenses
$4,445,809
Fundraising expenses
$303,148
Program service expenses (Part III)
$67,801,344

Program services were 93.5% 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.

  • 1f · All other contributions, gifts and grants

    $52,546,397

  • 1g · Noncash contributions included above

    $52,108,682

  • 2a · Program service revenue: Fees from State & Local Vocational Programs

    total $2,902,156 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Contractor Revenue

    total $627,000 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $189,426 · unrelated business $0 · excluded $189,426

  • 10a · Gross sales of inventory

    $67,681,424

  • 10b · Cost of goods sold

    $52,733,860

  • 10c · Net income from sales of inventory

    total $14,947,564 · related or exempt $14,947,564

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,055,928 · program services $0 · management and general $1,055,928 · fundraising $0

  • 7 · Other salaries and wages

    total $32,971,317 · program services $31,289,464 · management and general $1,500,774 · fundraising $181,079

  • 8 · Pension plan contributions

    total $720,907 · program services $601,555 · management and general $109,550 · fundraising $9,802

  • 9 · Other employee benefits

    total $4,607,476 · program services $4,300,228 · management and general $295,675 · fundraising $11,573

  • 10 · Payroll taxes

    total $2,738,024 · program services $2,574,392 · management and general $150,290 · fundraising $13,342

  • 11b · Fees: legal

    total $67,334 · program services $67,334 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $42,750 · program services $0 · management and general $42,750 · fundraising $0

  • 11d · Fees: lobbying

    total $70,000 · program services $63,000 · management and general $7,000 · fundraising $0

  • 11g · Fees: other

    total $410,598 · program services $243,715 · management and general $166,398 · fundraising $485

  • 12 · Advertising and promotion

    total $231,114 · program services $208,941 · management and general $862 · fundraising $21,311

  • 13 · Office expenses

    total $4,344,581 · program services $3,750,056 · management and general $568,053 · fundraising $26,472

  • 16 · Occupancy

    total $15,698,155 · program services $15,595,080 · management and general $76,506 · fundraising $26,569

  • 17 · Travel

    total $3,792,718 · program services $3,706,307 · management and general $85,949 · fundraising $462

  • 20 · Interest

    total $297,463 · program services $255,067 · management and general $42,396 · fundraising $0

  • 21 · Payments to affiliates

    total $234,596 · program services $0 · management and general $234,596 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,928,590 · program services $1,928,590 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $1,319,426 · program services $1,264,163 · management and general $53,755 · fundraising $1,508

  • 24a · Other expenses: Awards, Grants & Dues

    total $125,960 · program services $112,420 · management and general $13,540 · fundraising $0

  • 24b · Other expenses: Leasing

    total $1,062,413 · program services $1,058,170 · management and general $3,629 · fundraising $614

  • 24c · Other expenses: Postage

    total $307,823 · program services $303,357 · management and general $3,257 · fundraising $1,209

  • 24d · Other expenses: Telephone

    total $519,335 · program services $479,505 · management and general $31,108 · fundraising $8,722

  • 24e · All other expenses

    total $3,793 · program services $0 · management and general $3,793 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,394,338 · end of year $1,161,985

  • 2 · Savings and temporary cash investments

    beginning of year $4,011,479 · end of year $2,020,252

  • 4 · Accounts receivable

    beginning of year $405,507 · end of year $500,503

  • 8 · Inventories for sale or use

    beginning of year $6,255,245 · end of year $6,610,658

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,828,989 · end of year $2,988,212

  • 10a · Land, buildings and equipment: cost or other basis

    $33,223,060

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,301,925

  • 10c · Land, buildings and equipment, net

    beginning of year $14,602,361 · end of year $17,921,135

  • 11 · Investments: publicly traded securities

    beginning of year $33,129 · end of year $35,228

  • 15 · Other assets

    beginning of year $37,014,163 · end of year $45,035,027

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,230,187 · end of year $3,698,549

  • 19 · Deferred revenue

    beginning of year $55,159 · end of year $11,315

  • 23 · Secured mortgages and notes payable

    beginning of year $5,520,787 · end of year $5,816,362

  • 25 · Other liabilities

    beginning of year $38,064,309 · end of year $47,407,414

  • 27 · Net assets without donor restrictions

    beginning of year $20,673,769 · end of year $19,338,360

  • 28 · Net assets with donor restrictions

    beginning of year $1,000 · end of year $1,000

Mission and programs · 2024

Mission

See Attached

  • Training and placement services that prepare people with disabilities or disadvantaging conditions for competitive community employment or transitional sheltered employment. We are committed to increasing these individuals vocational opportunities and occupational capabilities so that they may realize their full potential and achieve greater independence and self esteem. To accomplish this goal, we create partnerships with local businesses and industries in order to provide higher caliber timely services which continue to keep pace with changing labor market trends and economic conditions.

    Expenses $67,801,344 · Revenue $18,476,720

As filed on the 2024 return.

Listed in Part VII

  • Mark Boyd

    President

    Total calculated
    $567,685
    From this org
    $482,040
    From related orgs
    $0
    Other
    $85,645
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $401,700
    Bonus
    $80,340
    Other
    $0
    Deferred
    $55,080
    Nontaxable benefits
    $30,565
    Filer's total
    $567,685

  • Michael Shaw

    Chief Operating Officer

    Total calculated
    $368,218
    From this org
    $301,959
    From related orgs
    $0
    Other
    $66,259
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,508
    Bonus
    $27,451
    Other
    $0
    Deferred
    $46,083
    Nontaxable benefits
    $20,176
    Filer's total
    $368,218

  • Stephen Castro

    Chief Financial Officer

    Total calculated
    $342,852
    From this org
    $271,929
    From related orgs
    $0
    Other
    $70,923
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,208
    Bonus
    $24,721
    Other
    $0
    Deferred
    $44,583
    Nontaxable benefits
    $26,340
    Filer's total
    $342,852

  • Thomas Pacek

    Chair

    Total calculated
    $0
    Hours/week
    1

  • Ryan Peters

    Past Chair

    Total calculated
    $0
    Hours/week
    1

  • Ali Houshmand

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Frank Giordano

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • John Nihill

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Joseph Clarke

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Pamela Cyr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Robert Falconiero

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Robert T Healey Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Pam Hisler

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Gregory Montanaro

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Christopher Olivia

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Francis Schickling Jr

    Trustee

    Total calculated
    $0
    Hours/week
    1

  • Dan Silvestri

    Trustee

    Total calculated
    $0
    Hours/week
    1

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

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 March 2026
IRS schema version
2024v5.2
Source object
202611329349303466

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.