GOODWILL INDUSTRIES OF CENTRAL NORTH CAR

EIN: 560862842 501(c)(3) Employment

GREENSBORO, NC

Total Revenue
$29,842,288
Total Expenses
$26,012,242
Total Assets
$57,238,466
Net Assets
$50,719,642
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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
NC
Principal Officer
CHRISTOPHER GORHAM
Phone
3362759801
Tax Period
2024-07-01 to 2025-06-30

GOODWILL INDUSTRIES OF CENTRAL NORTH CAR, founded in 1963, is a mid-sized nonprofit in the Employment sector that reported $29.8M in total revenue in fiscal year 2024. Expenses of $26.0M left a modest 13% surplus.

Mission

GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC.'S MISSION IS IMPROVING LIVES AND ENRICHING COMMUNITIES THROUGH THE POWER OF WORK

Program Service Accomplishments

Program 1
Expenses: $20,623,504 Revenue: $492,094

GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES 26 RETAIL STORES WHICH RECEIVE, PROCESS, AND SELL DONATED GOODS PROVIDED BY OVER 400,000 GENEROUS MEMBERS OF THE COMMUNITY IN ALAMANCE...

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GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA, INC. OPERATES 26 RETAIL STORES WHICH RECEIVE, PROCESS, AND SELL DONATED GOODS PROVIDED BY OVER 400,000 GENEROUS MEMBERS OF THE COMMUNITY IN ALAMANCE, CASWELL, ROCKINGHAM, RANDOLPH, AND GUILFORD COUNTIES. GOODWILL RETAIL STORES SERVED ALMOST 1.5 MILLION CUSTOMERS, GENERATING THE REVENUE WHICH PROVIDES THE MAJORITY OF FUNDING IN FURTHERING THE ORGANIZATION'S WORKFORCE DEVELOPMENT PROGRAMS. GOODWILL'S RECYCLING INITIATIVES HAVE EXPANDED TO OVER 20 PRODUCT LINES, ELIMINATING OVER 9 MILLION POUNDS OF PRODUCT FROM ENTERING LOCAL LANDFILLS. FURTHERING THE DEVELOPMENT OF OUR MARKET SHARE WITHIN THE CONTRIBUTED GOODS PROGRAM WILL ENSURE THE SUSTAINABILITY OF OUR MISSION FOR YEARS TO COME. AS AN EFFECTIVE RECYCLER OF GOODS, WE CONTINUE TO STRIVE TO BE THE BEST STEWARDS OF THE ENVIRONMENT THROUGH ENHANCEMENT OF GREEN INITIATIVES.

Program 2
Expenses: $1,488,502

GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA IMPLEMENTS A VARIETY OF WORKFORCE DEVELOPMENT PROGRAMS AND SERVICES. THIS INCLUDES CAREER NAVIGATION, WORK READINESS AND DIGITAL LITERACY CLASSES...

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GOODWILL INDUSTRIES OF CENTRAL NORTH CAROLINA IMPLEMENTS A VARIETY OF WORKFORCE DEVELOPMENT PROGRAMS AND SERVICES. THIS INCLUDES CAREER NAVIGATION, WORK READINESS AND DIGITAL LITERACY CLASSES, CREDENTIALED SKILLS TRAINING, AND CAREERS ON THE OUTSIDE (A CARF-ACCREDITED PROGRAM SUPPORTING INDIVIDUALS WITH JUSTICE-INVOLVEMENT AND A HISTORY OF CRIMINAL CONVICTION TO GET A SECOND CHANCE AT LIFE). OUR MISSION SERVED 3,053 INDIVIDUALS AND SUPPORTED 340 COMPETITIVE JOB PLACEMENTS. THE AVERAGE JOB PLACEMENT PAID $16.49 PER HOUR AT ENTRY, AND 66% ALL PLACEMENTS WERE PERMANENT, FULL-TIME POSITIONS. OVER 7,700 UNIQUE SERVICES WERE PROVIDED TO THE COMMUNITY; 33% OF SERVICES WERE IN THE FORM OF WORK-READINESS CLASSES, WORKSHOPS, AND SKILLED TRAINING, 31% WERE ONE-ON-ONE CAREER COACHING OR CASE MANAGEMENT ACTIVITIES, 25% WERE EMPLOYMENT PREPARATION SERVICES SUCH AS RESUME DEVELOPMENT, MOCK INTERVIEWING PRACTICE, OR JOB SEARCH ASSISTANCE, 6% WAS ATTENDANCE AT EVENTS, 3% WERE SUPPORT SERVICES SUCH AS TUITION SCHOLARSHIPS AND VOUCHERS FOR CLOTHING AND/OR TRANSPORTATION ASSISTANCE, AND 2% WERE SKILLS ASSESSMENTS OR TESTING ACTIVITIES. THE ORGANIZATION IS COMMITTED TO ADDRESSING URGENT SERVICE GAPS THROUGH INNOVATION AND COLLABORATION. IN RESPONSE, PROGRAM ACTIVITIES ARE BEING OFFERED AT COMMUNITY LOCATIONS WHERE INDIVIDUALS ARE RECEIVING SERVICES FROM PARTNER AGENCIES, WHILE PROGRAMMING FOR INDIVIDUALS WITH JUSTICE-INVOLVEMENT CONTINUES TO BE EXPANDED. SKILLED TRAINING PROGRAMS INCLUDE CONSTRUCTION, CLASS A CDL, AND HVAC. VIRTUAL SERVICES, WORKSHOPS, MICROLESSONS, AND OTHERS CONTINUE TO MEET UNMET NEEDS AS THEY COMPLEMENT IN-PERSON PROGRAMMING AND INCREASE ACCESS THROUGHOUT THE REGION. A MOBILE UNIT WAS ROLLED OUT TO SERVE RURAL COMMUNITIES, EMPHASIZING DIGITAL LITERACY SKILLS AND ACCESS. CAREER NAVIGATION IS PROVIDED TO JOB SEEKERS AND GOODWILL EMPLOYEES ALIKE, ARMING PEOPLE WITH THE INFORMATION AND RESOURCES THEY NEED TO TAKE CONTROL OF THEIR CAREER PATHWAYS. THOUGHTFUL AND PRODUCTIVE PARTNERSHIPS WITH BUSINESS LEADERS, SERVICE PROVIDERS, AND MEMBERS OF THE COMMUNITY WHO SHARE OUR VISION IS EMPHASIZED THROUGH ALL WORKFORCE DEVELOPMENT SERVICE PLANNING AND DELIVERY.

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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 $28,891,270
Program Service Revenue $172,336
Investment Income $263,869
Other Revenue $514,813
TOTAL REVENUE $29,842,288

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,507,470
Fundraising Expenses $215,920
Program Expenses $22,112,006
Other Expenses $7,504,772
TOTAL EXPENSES $26,012,242

Year-over-Year Comparison

2024 2023 Change
Revenue $29,842,288 $28,522,785 +0.0%
Expenses $26,012,242 $24,460,593 +0.1%
Net Income $3,830,046 $4,062,192 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
825
Volunteers
1796

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
11
$1,482,388
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX MAULTSBY ESQ BOARD OF ADVISORS 2.00
Director
$0 $0 $0
ANDY BARROW DIRECTOR 2.00
Director
$0 $0 $0
BOB HUDSON DIRECTOR 2.00
Director
$0 $0 $0
CARRIE GRISWOLD BOARD OF ADVISORS 2.00
Director
$0 $0 $0
CHARLES YOUNCE ESQ DIRECTOR, LEGAL COUNSEL 2.00
Director
$0 $0 $0
CHRIS HILL IMMEDIATE PAST CHAIR 2.00
Director
$0 $0 $0
DAVID MOFF BOARD OF ADVISORS 2.00
Director
$0 $0 $0
DIANA HARDY CHAIR 2.00
Officer Director
$0 $0 $0
DR BRIAN CLARIDA BOARD OF ADVISORS 2.00
Director
$0 $0 $0
DR DARRELL HARRIS DIRECTOR 2.00
Director
$0 $0 $0
DR MARK KINLAW DIRECTOR 2.00
Director
$0 $0 $0
STEVEN SQUIRE BOARD OF ADVISORS 2.00
Director
$0 $0 $0
ERNESTINE TAYLOR DIRECTOR 2.00
Director
$0 $0 $0
GARY ROGERS DIRECTOR 2.00
Director
$0 $0 $0
JOHNNY WOOD DIRECTOR 2.00
Director
$0 $0 $0
KEITH CROSBY DIRECTOR 2.00
Director
$0 $0 $0
LATONYA POWELL-JOHNSON BOARD OF ADVISORS 2.00
Director
$0 $0 $0
MIKE GANNAWAY DIRECTOR 2.00
Director
$0 $0 $0
PAIGE WINGLER DIRECTOR 2.00
Director
$0 $0 $0
PEYTON FAIRBANK DIRECTOR 2.00
Director
$0 $0 $0
RACHEL S DECKER BOARD OF ADVISORS 2.00
Director
$0 $0 $0
RASHAD SLADE DIRECTOR 2.00
Director
$0 $0 $0
REV NEWTON COWAN DIRECTOR 2.00
Director
$0 $0 $0
ROBERT GRAY SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
STEVE BILLINGS CHAIR ELECT 2.00
Director
$0 $0 $0
THOMAS GLASER DIRECTOR 2.00
Director
$0 $0 $0
CELESTE MACMURDO EXECUTIVE VICE PRESIDENT O 40.00
Officer
$246,661 $22,640 $269,301
CHRISTOPHER GORHAM PRESIDENT AND CEO 40.00
Officer
$378,897 $52,902 $431,799
DWIGHT CROTTS VICE PRESIDENT OF COMPLIAN 40.00
Officer
$118,040 $5,944 $123,984
GEORGE LOTHIAN JR VICE PRESIDENT OF INFORMAT 40.00
Officer
$145,618 $17,574 $163,192
JESSICA SCHULTZ VICE PRESIDENT OF CAREER D 40.00
Officer
$153,739 $11,065 $164,804
KEVIN JAMES CFO 40.00
Officer
$14,916 $0 $14,916
PATRICIA CAUDLE SENIOR VICE PRESIDENT OF H 40.00
Officer
$165,731 $18,612 $184,343
PATTI-ANGELA MANEY EXECUTIVE ASSISTANT 40.00
Officer
$0 $0 $0
TERESA EAST VICE PRESIDENT OF MARKETIN 40.00
Officer
$114,060 $15,989 $130,049
BRADY MINK EVP, CFO , RETIRED AS OF 12/6/24 40.00
$287,446 $24,713 $312,159
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 $29,842,288 $26,012,242 $57,238,466 $3,830,046
2024 $28,522,785 $24,460,593 $53,572,534 $4,062,192
2023 $28,387,749 $23,222,248 $49,577,577 $5,165,501
2022 $25,790,924 $21,044,577 $40,100,021 $4,746,347
2021 $24,371,294 $18,679,184 $36,556,286 $5,692,110
2020 $20,496,324 $19,415,624 $32,688,083 $1,080,700
2019 $20,702,884 $18,952,007 $32,096,607 $1,750,877
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