GOODWILL INDUSTRIES OF CENTRAL MICHIGAN'S HEARTLAND INC

EIN: 381426892 501(c)(3) Employment

BATTLE CREEK, MI

Total Revenue
$29,666,892
Total Expenses
$25,519,762
Total Assets
$49,001,491
Net Assets
$44,829,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MI
Principal Officer
KENNETH BAUER
Phone
2697886500
Tax Period
2023-01-01 to 2023-12-31

GOODWILL INDUSTRIES OF CENTRAL MICHIGAN'S HEARTLAND INC, founded in 1953, is a mid-sized nonprofit in the Employment sector that reported $29.7M in total revenue in fiscal year 2023. Expenses of $25.5M left a modest 14% surplus.

Mission

GOODWILL INDUSTRIES OF CENTRAL MICHIGAN'S HEARTLAND HELPS INDIVIDUALS WITH BARRIERS TO COMPETITIVE EMPLOYMENT CHANGE THEIR LIVES THROUGH THE POWER OF WORK, BY PROVIDING SOFT SKILLS AND HARD SKILLS TRAINING, SUPPORT SERVICES AND CAREER OPPORTUNITIES. THE GOODWILL CONNECTS PROGRAM WORKS WITH LOCAL SCHOOL DISTRICTS AND AREA EMPLOYERS TO PROVIDE WORK SKILLS TRAINING AND EMPLOYMENT OPPORTUNITIES TO AT RISK, LOW INCOME YOUTH. THE VITA PROGRAM PROVIDES FREE INCOME TAX ASSISTANCE TO QUALIFIED INDIVIDUALS. THE FINANCIAL OPPORTUNITY CENTER PROVIDES FINANCIAL LITERACY SKILLS, CONNECTIONS TO EMPLOYMENT AND SUPPORT SERVICES FOR LOW INCOME INDIVIDUALS. RETAIL PROGRAMS PROVIDE WORK SKILLS TRAINING, SUPPORT SERVICES AND EMPLOYMENT TO INDIVIDUALS WITH BARRIERS TO COMPETITIVE EMPLOYMENT.

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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 $7,731,432
Program Service Revenue $20,621,553
Investment Income $1,170,251
Other Revenue $143,656
TOTAL REVENUE $29,666,892

Expense Breakdown

Grants Paid $96,287
Salaries & Benefits $11,640,306
Fundraising Expenses $0
Program Expenses $23,513,540
Other Expenses $13,783,169
TOTAL EXPENSES $25,519,762

Year-over-Year Comparison

2023 2022 Change
Revenue $29,666,892 $29,555,317 +0.0%
Expenses $25,519,762 $22,490,358 +0.1%
Net Income $4,147,130 $7,064,959 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
949
Volunteers
366

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
5
$457,968
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN FISH CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SUSAN BURDICK SECRETARY 1.00
Officer Director
$0 $0 $0
CHUCK STALLARD TREASURER 1.00
Officer Director
$0 $0 $0
PAT GALLAGHER DIRECTOR 1.00
Director
$0 $0 $0
JASON BOMIA DIRECTOR 1.00
Director
$0 $0 $0
MALCOLM SATTERFIELD DIRECTOR 1.00
Director
$0 $0 $0
MICKEY BRUTSCHE DIRECTOR 1.00
Director
$0 $0 $0
KENNETH BAUER PRESIDENT/CEO 40.00
Officer
$274,340 $22,925 $297,265
WILLIAM BROEDER SR VP FINANCE/CFO 40.00
Officer
$148,610 $12,093 $160,703
MARK PETERS VP OF RETAIL SERVICES 40.00
Highest
$133,475 $19,084 $152,559
PRESTON HICKS VP OF WORKFORCE DEVELOPMENT 40.00
Highest
$111,438 $10,686 $122,124
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 No data No data No data No data
2023 $29,666,892 $25,519,762 $49,001,491 $4,147,130
2022 $29,555,317 $22,490,358 $44,710,785 $7,064,959
2021 $28,066,563 $21,484,527 $34,739,844 $6,582,036
2020 $19,118,696 $18,941,126 $31,145,357 $177,570
2019 $22,851,815 $20,709,147 $28,839,853 $2,142,668
2018 $21,631,300 $19,543,683 $25,981,289 $2,087,617
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