ROCKFORD, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GOODWILL INDUSTRIES OF NORTHERN IL AND WI STATELINE AREA INC, founded in 1936, is a mid-sized nonprofit that reported $45.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $42.2M left a modest 7% surplus.
THE MISSION OF GOODWILL IS TO CREATE OPPORTUNITIES FOR INDIVIDUALS WITH BARRIERS TO ENHANCE THEIR LIVES. BARRIERS INCLUDE PHYSICAL OR MENTAL DISABILITIES, LACK OF EDUCATION AND JOB PREPARATION, SOCIO-ECONOMIC DISADVANTAGES, AND OTHERS. GOODWILL PROVIDES COMMUNITY PROGRAMS, CASE MANAGEMENT, VOCATIONAL TRAINING, AND SUPPORTIVE FINANCIAL PROGRAMS AND SERVICES FOR INDIVIDUALS WITH BARRIERS. GOODWILL'S PROGRAMS HELP INDIVIDUALS FIND AND MAINTAIN EMPLOYMENT, MANAGE THEIR FINANCES BETTER, AND ATTAIN THE TRAINING THEY NEED TO BE SUCCESSFUL IN THE COMMUNITIES WE SERVE.
RETAIL SERVICESTHERE'S REALLY NOTHING LIKE GOODWILL INDUSTRIES OF NORTHERN ILLINOIS. FOR MANY, WE'RE A GREAT RETAIL SHOPPING EXPERIENCE WITH 12 LOCATIONS IN AN 18 COUNTY AREA OFFERING AMAZING VALUE...
RETAIL SERVICESTHERE'S REALLY NOTHING LIKE GOODWILL INDUSTRIES OF NORTHERN ILLINOIS. FOR MANY, WE'RE A GREAT RETAIL SHOPPING EXPERIENCE WITH 12 LOCATIONS IN AN 18 COUNTY AREA OFFERING AMAZING VALUE AND HIDDEN TREASURES. FOR OTHERS, WE'RE A CONVENIENT PLACE TO DONATE USED CLOTHING AND HOUSEHOLD ITEMS WITH MORE THAN 14.8 MILLION POUNDS OF GOODS KEPT OUT OF THE LANDFILLS AND RECYCLED IN 2023. DONATIONS FROM INDIVIDUALS, COMPANIES AND ORGANIZATIONS ARE THE FIRST STEP IN PUTTING OUR MISSION INTO MOTION BY GENERATING THE SALES REVENUE NEEDED TO PROVIDE VITAL SKILLS AND TRAINING TO PARTICIPANTS WITH DISABILITIES. GOODWILL IS ALSO A STRONG CORPORATE CITIZEN. IN 2023, GOODWILL GENERATED $1,326,819 IN RETAIL SALES TAX AND PAID EMPLOYEE INCOME TAXES IN THE AMOUNT OF OVER $1,189,406
MISSION SERVICESIN 2023 GOODWILL INDUSTRIES OF NORTHERN ILLINOIS SERVED 27,963 PEOPLE IN MANY DIFFERENT WAYS, BUT WITH THE SAME END GOAL - HELPING PEOPLE CREATE OPPORTUNITIES TO ENHANCE THEIR LIVES...
MISSION SERVICESIN 2023 GOODWILL INDUSTRIES OF NORTHERN ILLINOIS SERVED 27,963 PEOPLE IN MANY DIFFERENT WAYS, BUT WITH THE SAME END GOAL - HELPING PEOPLE CREATE OPPORTUNITIES TO ENHANCE THEIR LIVES. OUR "GOODGRADS" ADULT BASIC EDUCATION PROGRAM SERVED 752 PEOPLE PROVIDING BOTH EDUCATION AND CASE MANAGEMENT AND 2,451 SCHOLARSHIPS TO HELP OFFSET COSTS ASSOCIATED WITH THE HIGH SCHOOL EQUIVALENCY (GED) TEST. GOODWILL'S "LET'S GO TO WORK" PROGRAM GAVE 51 ADULTS WITH DISABILITIES THE OPPORTUNITY TO 'EARN WHILE THEY LEARN' IN 9 GOODWILL LOCATIONS WITH THE GOAL OF TRANSITIONING MANY TO THE LOCAL WORK FORCE. GOODWILL'S EMPLOYMENT PROGRAMS PLACED 1,620 PEOPLE IN GOOD JOBS IN THE LOCAL AREA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $45,253,306 | $41,103,226 | +0.1% |
| Expenses | $42,245,003 | $39,142,588 | +0.1% |
| Net Income | $3,008,303 | $1,960,638 | +0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JIM CORBETT | BOARD CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAULINA SIHAKOM | VICE CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KERRY HILL | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MANDOLYN MACKENZIE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL LASPARRO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| AL SOFTLEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRIS BLACK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK HUNTER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE MASTROIANNI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TINA RITTNER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN GATES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TIANA MCCALL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JULIO CAPELES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DR ARNOLD ROSS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BENJAMIN BERNSTEN | PRESIDENT | 40.00 |
Officer
|
$269,808 | $23,979 | $293,787 |
| JENNIFER CHAPEL | FINANCE DIRECTOR | 40.00 |
Officer
|
$154,436 | $11,558 | $165,994 |
| COURTNEY GEIGER | MISSION SERVICES DIRECTOR | 40.00 |
Highest
|
$136,316 | $13,485 | $149,801 |
| GINNIE WECKERLY | HR DIRECTOR | 40.00 |
Highest
|
$125,899 | $10,921 | $136,820 |
| CRAIG STEEGE | RETAIL DIRECTOR | 40.00 |
Highest
|
$139,650 | $23,082 | $162,732 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $45,253,306 | $42,245,003 | $36,163,228 | $3,008,303 |
| 2022 | $41,103,226 | $39,142,588 | $32,716,738 | $1,960,638 |
| 2021 | $38,276,880 | $32,588,763 | $24,956,445 | $5,688,117 |
| 2020 | $31,448,630 | $27,613,809 | $18,838,312 | $3,834,821 |
| 2019 | $27,051,715 | $26,577,932 | $12,991,162 | $473,783 |
| 2018 | $26,218,680 | $25,563,442 | $12,292,268 | $655,238 |
Compare GOODWILL INDUSTRIES OF NORTHERN IL AND WI STATELINE AREA INC with other nonprofits in Illinois and across the country.