GOODWILL INDUSTRIES OF NORTHEAST IOWA INC

EIN: 420839399 501(c)(3) Employment

WATERLOO, IA

Total Revenue
$20,160,203
Total Expenses
$20,094,278
Total Assets
$17,793,748
Net Assets
$11,875,568
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
IA
Principal Officer
STAR M RUPE
Phone
3192344626
Tax Period
2024-01-01 to 2024-12-31

GOODWILL INDUSTRIES OF NORTHEAST IOWA INC, founded in 1960, is a mid-sized nonprofit in the Employment sector that reported $20.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE ORGANIZATION'S MISSION IS TO HELP PEOPLE OVERCOME BARRIERS TO INDEPENDENCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,913,399
Program Service Revenue $8,843,306
Investment Income $234,134
Other Revenue $169,364
TOTAL REVENUE $20,160,203

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,471,542
Fundraising Expenses $0
Program Expenses $17,272,388
Other Expenses $4,622,736
TOTAL EXPENSES $20,094,278

Year-over-Year Comparison

2024 2023 Change
Revenue $20,160,203 $21,347,959 -0.1%
Expenses $20,094,278 $21,017,424 0.0%
Net Income $65,925 $330,535 -0.8%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
980
Volunteers
13

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
6
$349,363
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAR M RUPE PRESIDENT/CE 40.00
Officer
$206,036 $6,991 $213,027
SHAWN P ZWEIBOHMER VP, INFRASTR 40.00
Highest
$118,335 $24,120 $142,455
MICHELE M PETERS VP, RETAIL & 40.00
Highest
$115,662 $23,817 $139,479
STEVEN TISUE VP, HUMAN RE 40.00
Highest
$125,145 $13,433 $138,578
MELISSA H HANSEN VP, FINANCE/ 40.00
Officer
$133,279 $3,057 $136,336
BRYAN BURTON CHAIR 0.50
Officer Director
$0 $0 $0
CHRISTINA GEWEKE VICE CHAIR 0.50
Officer Director
$0 $0 $0
JOHN VAUGHAN TREASURER 0.50
Officer Director
$0 $0 $0
JAKE BYERS SECRETARY 0.50
Officer Director
$0 $0 $0
BRUCE COLEMAN DIRECTOR 0.50
Director
$0 $0 $0
NANCY DUNN DIRECTOR 0.50
Director
$0 $0 $0
JAMIE FETTKETHER DIRECTOR 0.50
Director
$0 $0 $0
ERIC GIDDENS DIRECTOR 0.50
Director
$0 $0 $0
TOM MARQUEZ DIRECTOR 0.50
Director
$0 $0 $0
BAILEY MOORE DIRECTOR 0.50
Director
$0 $0 $0
ZACH HANSEN DIRECTOR 0.50
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
2024 $20,160,203 $20,094,278 $17,793,748 $65,925
2023 $21,347,959 $21,017,424 $18,087,303 $330,535
2022 $20,750,545 $19,754,076 $18,285,382 $996,469
2021 $20,700,717 $17,195,685 $16,595,417 $3,505,032
2020 $15,222,032 $15,008,449 $15,131,962 $213,583
2019 $16,717,121 $15,937,210 $13,067,038 $779,911
2018 $15,902,585 $15,242,471 $12,663,752 $660,114
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