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Nonprofiteer
← GOODWILL INDUSTRIES OF NEW MEXICO

Form 990 for tax year 2024

Filed by GOODWILL INDUSTRIES OF NEW MEXICO.

Totals

Total revenue
$37,464,157
Total expenses
$31,476,186
Contributions and grants received
$4,963,383
Grants paid
$1,330,050
Program service revenue
$31,009,210
Investment income
$1,131,572
Other revenue
$359,992
Total assets, end of year
$77,605,526
Total liabilities, end of year
$14,597,337
Net assets or fund balances, end of year
$63,008,189
Program services expenses (Part IX)
$26,848,809
Management and general expenses
$4,627,377
Fundraising expenses
$0
Program service expenses (Part III)
$26,848,809

Program services were 85.3% 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.

  • 1e · Government grants (contributions)

    $4,452,769

  • 1f · All other contributions, gifts and grants

    $510,614

  • 2a · Program service revenue: THRIFT SALES

    total $29,930,799 · related or exempt $29,930,799

  • 2b · Program service revenue: EMPLOYMENT SERVICES

    total $1,078,411 · related or exempt $1,078,411

  • 3 · Investment income

    total $1,131,572 · excluded $1,131,572

  • 6a · Gross rents

    real property $359,992

  • 6c · Rental income or loss

    real property $359,992

  • 6d · Net rental income or loss

    total $359,992 · excluded $359,992

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,330,050 · program services $1,330,050

  • 5 · Compensation of officers, directors and key employees

    total $986,452 · program services $871,920 · management and general $114,532

  • 7 · Other salaries and wages

    total $14,991,439 · program services $13,250,863 · management and general $1,740,576

  • 8 · Pension plan contributions

    total $33,161 · program services $29,311 · management and general $3,850

  • 9 · Other employee benefits

    total $612,087 · program services $461,923 · management and general $150,164

  • 10 · Payroll taxes

    total $1,499,894 · program services $1,362,342 · management and general $137,552

  • 11b · Fees: legal

    total $42,033 · program services $3,480 · management and general $38,553

  • 11c · Fees: accounting

    total $215,973 · program services $17,879 · management and general $198,094

  • 11g · Fees: other

    total $474,593 · program services $39,289 · management and general $435,304

  • 12 · Advertising and promotion

    total $272,864 · program services $8,896 · management and general $263,968

  • 13 · Office expenses

    total $2,223,320 · program services $1,921,285 · management and general $302,035

  • 16 · Occupancy

    total $3,363,770 · program services $3,166,003 · management and general $197,767

  • 17 · Travel

    total $422,926 · program services $410,836 · management and general $12,090

  • 19 · Conferences, conventions and meetings

    total $243,825 · program services $198,749 · management and general $45,076

  • 20 · Interest

    total $26,036 · program services $26,036

  • 22 · Depreciation, depletion and amortization

    total $2,400,994 · program services $2,018,972 · management and general $382,022

  • 23 · Insurance

    total $383,660 · program services $294,784 · management and general $88,876

  • 24a · Other expenses: PURCHASED GOODS

    total $843,513 · program services $843,513

  • 24b · Other expenses: PROVISION FOR BAD DEBTS

    total $271,146 · management and general $271,146

  • 24c · Other expenses: TRASH/DUMPING

    total $269,353 · program services $266,143 · management and general $3,210

  • 24d · Other expenses: DUES

    total $219,399 · program services $1,501 · management and general $217,898

  • 24e · All other expenses

    total $349,698 · program services $325,034 · management and general $24,664

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,998,662

  • 2 · Savings and temporary cash investments

    beginning of year $18,039,344 · end of year $22,728,481

  • 3 · Pledges and grants receivable

    beginning of year $620,977 · end of year $597,368

  • 4 · Accounts receivable

    beginning of year $214,536 · end of year $829,832

  • 8 · Inventories for sale or use

    beginning of year $4,383,741 · end of year $5,586,881

  • 9 · Prepaid expenses and deferred charges

    beginning of year $375,676 · end of year $684,205

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

    $55,501,605

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

    $21,328,423

  • 10c · Land, buildings and equipment, net

    beginning of year $27,585,210 · end of year $34,173,182

  • 12 · Investments: other securities

    beginning of year $271,146

  • 15 · Other assets

    beginning of year $12,300,066 · end of year $13,005,577

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,364,256 · end of year $1,535,968

  • 19 · Deferred revenue

    beginning of year $13,735 · end of year $8,315

  • 23 · Secured mortgages and notes payable

    beginning of year $1,122,654 · end of year $849,566

  • 25 · Other liabilities

    beginning of year $12,268,495 · end of year $12,203,488

  • 27 · Net assets without donor restrictions

    beginning of year $57,020,218 · end of year $63,008,189

Mission and programs · 2024

Mission

GOODWILLS MISSION IS TO PROVIDE SKILLS TRAINING, JOB DEVELOPMENT AND SOCIAL SERVICES FOR NEW MEXICANS. GOODWILL'S VISION IS THAT NEW MEXICANS WILL HAVE THE OPPORTUNITY TO IMPROVE THEIR LIVES BY UTILIZING GOODWILL'S SERVICES AND PARTNERSHIPS.

Activities or mission (Part I)

TO PROVIDE SKILLS TRAINING, JOB DEVELOPMENT, AND SOCIAL SERVICES FOR NEW MEXICANS.

  • DURING 2023, GINM SERVED 21,538 INDIVIDUALS IN THESE PROGRAMS AND PLACED 1,556 OF THOSE INDIVIDUALS INTO COMMUNITY-BASED EMPLOYMENT. GINM HAS RETAIL STORES AND PROGRAM STAFF IN ALBUQUERQUE, BERNALILLO, RIO RANCHO, LOS LUNAS, SANTA FE, GALLUP, FARMINGTON, ROSWELL, CLOVIS, AND ESPANOLA, AT WHICH DONATIONS OF NEW OR GENTLY USED ITEMS ARE ACCEPTED FROM THE PUBLIC. DONATIONS ARE PROCESSED AND SOLD IN GOODWILL STORES. ITEMS NOT SOLD ARE RECYCLED. REVENUE FROM STORES AND RECYCLING OPERATIONS FUND GOODWILL PROGRAMS AND SERVICES IN ALL 33 COUNTIES OF NEW MEXICO. SPECIFIC PROGRAMS AND SERVICES PROVIDED BY GINM INCLUDE THE FOLLOWING: GATEWAY TO WORK DESIGNED FOR EMPLOYERS. GINM ASSISTS IN PROVIDING LOCAL COMPANIES WITH QUALIFIED, PRE-SCREENED CANDIDATES AT NO COST. THE BENEFITS TO THE EMPLOYER ARE: THEY CAN SOURCE QUALIFIED CANDIDATES, THEY HAVE DISCRETION OVER HIRING, THEY CAN ATTEND INTERVIEW EVENTS THAT BRING BUSINESS AND CANDIDATES TOGETHER, AND PARTICIPATE IN GINM SPONSORED CAREER FAIRS. GOODJOBS - DESIGNED TO HELP PEOPLE FIND LONG-TERM EMPLOYMENT IN THE COMMUNITY THAT MEETS THEIR NEEDS, ABILITIES, AND INTERESTS. PROGRAM COMPONENTS INCLUDE JOB SEARCH SKILLS, RESUME' WRITING, INTERVIEWING TECHNIQUES, EMPLOYER EXPECTATIONS, POST-EMPLOYMENT RETENTION SKILLS, APPLICATION ASSISTANCE AND SUPPORT. GOODSKILLS - COMPREHENSIVE JOB READINESS TRAINING, INCLUDING HIRING ESSENTIALS (E.G., CREATING A RESUME', INTERVIEWING SKILLS, AND HOW TO APPLY FOR JOBS), LIFE SKILLS AND COMPUTER BASICS (E.G., TRAINING IN MICROSOFT EXCEL AND MICROSOFT WORD). HOMELESS VETERANS' REINTEGRATION PROGRAM - FOCUSES ON PLACING HOMELESS VETERANS IN LONG-TERM EMPLOYMENT AND PROVIDING SOCIAL SERVICES. SERVICES PROVIDED INCLUDE CLASSROOM TRAINING, JOB SEARCH ACTIVITIES, JOB PREPARATION, SUBSIDIZED TRIAL EMPLOYMENT, ON-THE-JOB TRAINING, JOB PLACEMENT, PLACEMENT FOLLOW-UP SERVICES, VOCATIONAL COUNSELING, CASE MANAGEMENT, AND REFERRALS. SENIOR COMMUNITY SERVICE EMPLOYMENT PROGRAM - PROVIDES LOW-INCOME SENIORS 55+ WITH WORK EXPERIENCE AND TRAINING TO ASSIST THEM IN SECURING PERMANENT COMMUNITY-BASED EMPLOYMENT. IN ADDITION TO SUBSIDIZED TRAINING OPPORTUNITIES, THE PROGRAM PROVIDES JOB DEVELOPMENT AND PLACEMENT, JOB CLUBS, POST-PLACEMENT SUPPORT, DIRECT SERVICES TO EMPLOYERS, AND REFERRALS. SUPPORTIVE SERVICES FOR VETERAN FAMILIES - HELPS STABILIZE HOUSING FOR VERY-LOW-INCOME VETERANS AND THEIR FAMILIES WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS. UNDER THIS PROGRAM, GINM ASSISTS WITH MOVE-IN-COSTS, RENT AND PAST DUE RENT, SECURITY DEPOSITS, MOVING/STORAGE, UTILITIES AND PAST DUE UTILITIES, UTILITY DEPOSITS, CHILDCARE, EMERGENCY SUPPLIES, CASE MANAGEMENT, COMMUNITY REFERRALS, ASSISTANCE WITH VETERANS AFFAIRS AND OTHER PUBLIC BENEFITS. TRIALWORKS - TEMPORARY, PAID TRAINING IN RETAIL SKILLS AND GREEN SKILLS (FORKLIFT OPERATIONS, MATERIALS PROCESSING AND RETAIL). PARTICIPANTS ARE LIMITED TO VETERANS ENROLLED IN OUR VETERANS FAMILY SERVICES PROGRAM AND HOMELESS VETERANS REINTEGRATION PROGRAM. THIS PROGRAM PROVIDES JOB DEVELOPMENT, EDUCATION AND TRAINING, AND JOB READINESS SKILLS. VETERAN FAMILY SERVICES - A PROGRAM SPECIFIC TO VETERANS AND THEIR FAMILY MEMBERS THAT ASSIST THEM IN SECURING LONG-TERM COMMUNITY BASED EMPLOYMENT WHILE PROVIDING COMPREHENSIVE CASE MANAGEMENT SERVICES. PARTICIPANTS WHO ENTER THE VETERAN FAMILY SERVICES PROGRAM ARE PROVIDED WITH EMPLOYMENT SKILLS TRAINING AND ASSIGNED TO A CASE MANAGER. THEY WORK WITH THEIR CASE MANAGER TO DISCOVER WHICH PATH THEY WOULD LIKE TO TAKE AND WHAT FIELD OF WORK THEY WOULD LIKE TO JOIN. FROM THERE, THEY MAY ACCESS OTHER AVENUES OFFERED BY GOODWILL INCLUDING GOODSKILLS AND TRIALWORKS. PA TRAINING - PROVIDES A TWO-DAY INTENSIVE INTRODUCTION INTO PA PRODUCTION WORK. THE CLASS IS TAUGHT BY LOCAL ASSISTANT DIRECTORS WORKING ON NEW MEXICAN PRODUCTIONS. GRADUATES OF THE PROGRAM HAVE THE SKILLS NECESSARY TO BEGIN WORK ON PRODUCTIONS IMMEDIATELY. NEXT STEPS - PROVIDES SUPPORT FOR COMMON REENTRY CHALLENGES EXPERIENCED BY INDIVIDUALS RETURNING TO THE COMMUNITY FROM INCARCERATION. PARTICIPANTS ENTER THE PROGRAM PRE-RELEASE AND CONTINUE PROGRAM PARTICIPATION POST- RELEASE. PARTICIPANTS ARE PROVIDED CASE MANAGEMENT, JOB PLACEMENT SERVICES, CLASSROOM TRAINING, AND POST EMPLOYMENT RETENTION SUPPORT WITH THE GOAL OF REDUCING RECIDIVISM IN NEW MEXICO. JUMPSTART IS GOODWILL'S YOUTH PROGRAM THAT HELPS YOUTH AGED 16-22 WITH JOB SKILLS SUPPORT, CONNECTIONS TO EMPLOYMENT AND CAREER NAVIGATION. EMPLOYMENT SPECIALISTS WORK ONE-ON-ONE WITH YOUTH IN TITLE ONE SCHOOLS TO ENSURE THEIR SUCCESS, PROVIDING OPPORTUNITIES TO RECEIVE CAREER INTEREST ASSESSMENTS, ACCESS TO GINM'S ROBUST EMPLOYMENT SKILLS CURRICULUM, AND IN-DEPTH GUIDANCE ON CAREER PATHS AND HIGHER EDUCATION OPPORTUNITIES.

    Expenses $26,848,809 · Grants $1,330,050

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Shauna Kastle

    PRESIDENT &

    Total calculated
    $315,672
    From this org
    $279,973
    From related orgs
    $0
    Other
    $35,699
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,973
    Bonus
    not reported
    Other
    not reported
    Deferred
    $35,699
    Nontaxable benefits
    not reported
    Filer's total
    $315,672
  • Thomas Downey

    EXECUTIVE VP

    Total calculated
    $209,565
    From this org
    $192,264
    From related orgs
    $0
    Other
    $17,301
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,264
    Bonus
    not reported
    Other
    not reported
    Deferred
    $17,301
    Nontaxable benefits
    not reported
    Filer's total
    $209,565
  • Frank Holland

    COO

    Total calculated
    $166,341
    From this org
    $162,714
    From related orgs
    $0
    Other
    $3,627
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,714
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,627
    Nontaxable benefits
    not reported
    Filer's total
    $166,341
  • Melissa Tracy Stock

    CAO

    Total calculated
    $148,013
    From this org
    $143,007
    From related orgs
    $0
    Other
    $5,006
    Hours/week
    40
  • Sesha J Lee

    CHIEF SERV.

    Total calculated
    $142,175
    From this org
    $135,043
    From related orgs
    $0
    Other
    $7,132
    Hours/week
    40
  • Bill Focke

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Hazel Tull-Leach

    VICE CHAIRWO

    Total calculated
    $0
    Hours/week
    1
  • Stephen Byrd

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Chris Clepper

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Brian McMath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Molly Calvani Butkus

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Cooper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Linda Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ashley King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mason Martinez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Ross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James Sheridan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lorin Saavedra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rhiannon Samuel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Brandon Writtenberry

    DIRECTOR

    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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 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
30 May 2025
IRS schema version
2024v5.0
Source object
202511539349300431

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