Goodwill...because the CEO wants your money

by Thrifty2009

!!! ECONOMIC CRISIS !!!

* WHY IS GOODWILL INDUSTRIES RAISING THEIR PRICES ??

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* REMEMBER WHEN THRIFT STORE SHOPPING USED TO BE AFFORDABLE ?

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* GOODWILL'S SALES ARE UP AT LEAST 30% SINCE OUR ECONOMY STARTED GOING IN THE TOILET !

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* DEMAND LOWER PRICES !

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2006/2007 TOTAL REVENUE $39,051,217

Monies spent for Goodwill's basic job training and education programs (this is the supposed main goal//function of the profit off of the thrift store sales) $2,779,763

Monies spent on operating Goodwill's thrift stores (paid employees wages & compensation) $31,933,783

Monies spent on upper management salaries $1,080,192

Net assets after all expenses are paid $13 million.

What this means is LESS THAN 8% of Goodwill's expenses are going to fund the PROGRAMS THAT ACTUALLY HELP THE PEOPLE IN THEIR MISSION STATEMENT (this is their mission statement...."Employment training and basic education to individuals experiencing significant barriers to economic opportunity...") !! The rest of the expenses go to running the thrift stores and paying the CEO's and other wages !!!!!!

The tax forms on record for 06/07' are deceiving as they combine the paid employees expenses and the expenses related to the job training and education programs together, however, if you are able to really analyze it, there is a very clear section that breaks down these two expenses !

And speaking of CEO and upper management wages....this is what they were compensated for the 2006/2007 year

Keep in mind~~ the "average pay" for a CEO for a non profit company in the pacific northwest in 2006/2007 was $135K

Ken Collig President Director $218,918

Michael Jurich VP- CFO $141,816

Cynthia Foslund VP- Operations $142,311

Janice Jackson-Haley VP- Human Resources $95,344

BG Nabors-Glass VP- Programs $88,032

Bert Fish VP- Loss Prevention $81,811

Alice Braverman VP-Development Communication $65,363

So now when you go to Goodwill and shop to be frugal, think of these figures, think of our current economy, think of Washington's 8.4% unemployment rate, think of the current value of your 401K ! Then DEMAND a discount and tell them to lower their prices !!

Goodwill...because the CEO wants YOUR money

Email me at Thrifty2009@gmail

or lookup my anti Goodwill site on google

• Pros: Goodwill...because they change lives, for the worse
• Cons: Goodwill...because 8% is spent on job training and education

Community thrift store accepts and sells donations of used clothing and housewares for a good cause.

by Gina Goff

In Short
Nonprofit chain of stores boasts more than 2,000 retail outlets and 3,300 donation centers nationwide. The charitable model relies on community members to contribute their gently used (or new) belongings--anything ranging from business and casual wear to home appliances, children's toys to books and computers--and purchase others' donations. The proceeds from the bargain-priced wares go toward job training and career-placement services for disadvantaged populations, including welfare recipients, homeless citizens and those with physical and mental disabilities.