EIN 23-7047548

Goodwill Industries of Monocacy Valley (GIMV)

IRS 501(c) type
501(c)(3)
Num. employees
786
Year formed
1969
Most recent tax filings
2020-10-01
Notice
This nonprofit is terminated or no longer active
GIMV may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
The mission of Goodwill Industries of Monocacy Valley is to create hope, jobs and futures in their community.
Total revenues
$18,155,350
2019
Total expenses
$18,933,722
2019
Total assets
$10,634,880
2019
Num. employees
786
2019

Program areas at GIMV

Retail sales of donated goods - the sale of donated goods accounts for 94% of the revenues generated by the two most significant program services of the organization. Sale of donated goods funds the organization's mission by creating jobs, job training, and job coaching for those with challenges to employment and the profits are used to fund programs not supported by other means.
Employment services - employment services programs are designed to provide life, job, and social skills to those with disabilities and others with barriers to employment who would otherwise not be employable. Participants are able to socially interact with other individuals and are able to feel a sense of accomplishment for completing assigned tasks. These programs are funded by grants from the Maryland department of health and Maryland division of rehabilitation services.

Who funds Goodwill Industries of Monocacy Valley (GIMV)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community Foundation of Frederick CountyCapital Improvement Fund, Programs That Train & Education Persons With Disabilities, Unrestricted$22,009

Personnel at GIMV

NameTitleCompensation
Susan L BarnesSenior Vice President and Chief Financial Officer
Michael H MeyerChief Executive Officer / President and Chief Executive Officer$158,711
Christopher HotalingPast Chief Financial Officer$162,414
Steven KrotonskyPresident$151,511
Katie BarkdollTreasurer$0
...and 4 more key personnel

Financials for GIMV

RevenuesFYE 12/2019
Total grants, contributions, etc.$1,980,048
Program services$16,171,916
Investment income and dividends$13,881
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$13,200
Net gain from sale of non-inventory assets$1,029,029
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$100,262
Total revenues$18,155,350

Form 990s for GIMV

Fiscal year endingDate received by IRSFormPDF link
2020-102021-05-24990View PDF
2019-122021-01-28990View PDF
2018-122019-12-27990View PDF
2017-122018-11-15990View PDF
2016-122017-09-13990View PDF
...and 6 more Form 990s
Data update history
July 5, 2023
Used new vendors
Identified 2 new vendors, including , and
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $22,009 from The Community Foundation of Frederick County
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $9,724 from The Community Foundation of Frederick County
May 19, 2022
Used new vendors
Identified 2 new vendors, including , and
May 10, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Employment organizations
Issues
Human servicesJobs and employment
Characteristics
Fundraising eventsReceives government fundingTerminated
General information
Address
5112 Pegasus CT No M
Frederick, MD 21704
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Frederick County, MD
Website URL
gimv.org/ 
Phone
(301) 663-6893
Twitter profile
@goodwillmv 
IRS details
EIN
23-7047548
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
J30: Vocational Rehabilitation
NAICS code, primary
624310: Vocational Rehabilitation Services
Parent/child status
Independent
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