GOODWILL INDUSTRIES OF THE BERKSHIRES AND SOUTHERN VERMONT INC

EIN: 042207791 501(c)(3)

PITTSFIELD, MA

Total Revenue
$7,236,499
Total Expenses
$7,470,754
Total Assets
$9,339,138
Net Assets
$1,353,260
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
MA
Phone
4134420061
Tax Period
2023-07-01 to 2024-06-30

GOODWILL INDUSTRIES OF THE BERKSHIRES AND SOUTHERN VERMONT INC, founded in 1956, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2023.

Mission

To help community members with barriers to employment attain independence and self-sufficiency, gain confidence, and enhance their quality of life, through vocational education, work training, and other support services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $89,802
Program Service Revenue $7,140,196
Investment Income $6,501
Other Revenue $0
TOTAL REVENUE $7,236,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,354,645
Fundraising Expenses $0
Program Expenses $6,312,322
Other Expenses $3,116,109
TOTAL EXPENSES $7,470,754

Year-over-Year Comparison

2023 2022 Change
Revenue $7,236,499 $6,966,279 +0.0%
Expenses $7,470,754 $6,854,570 +0.1%
Net Income $-234,255 $111,709 -3.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
283
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID TWIGGS CEO 40.00
$128,699 $6,074 $134,773
LISA MCCORMACK CHAIR 1.00
Officer Director
$0 $0 $0
GARRY BEATY VICE CHAIR 1.00
Officer Director
$0 $0 $0
HEATHER KRUCZKOWSKI Treasurer 1.00
Officer Director
$0 $0 $0
JENNIFER GALVAGNI CARPENTER Secretary 1.00
Officer Director
$0 $0 $0
ROBERT T SYKES Director 1.00
Director
$0 $0 $0
MIRIAM MADURO Director 1.00
Director
$0 $0 $0
BRIAN ASTORINO Director 1.00
Director
$0 $0 $0
REV RALPH HOWE Director 1.00
Director
$0 $0 $0
LEONARD PATNODE Director 1.00
Director
$0 $0 $0
PHIL MASSERY Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $7,236,499 $7,470,754 $9,339,138 $-234,255
2023 $6,966,279 $6,854,570 $9,407,604 $111,709
2022 $5,923,372 $5,015,271 $1,961,231 $908,101
2021 $4,777,203 $4,212,714 $1,470,922 $564,489
2020 $3,480,344 $3,988,847 $950,040 $-508,503
2019 $4,022,608 $3,944,839 $788,053 $77,769
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