Goodwill CEO Salaries Who is goodwill CEO
The image, however, leaves out some important facts. For one thing, it fails to mention that Goodwill Industries International owns and operates approximately 2,300 retail stores across North America, where customers pay full price for donated goods. In addition, Goodwill collects clothing, books, furniture, electronics, toys, shoes, household appliances, tools, sporting equipment, musical instruments, art supplies, jewelry, rugs, medical supplies, office furnishings, school supplies, and much more — and donates those items to local charities.
In 2016, Goodwill had revenues of $5.7 billion, up 3.1% over the previous year, while net income increased 5.4%. As for the CEO, Mark Curran, whose salary is listed on the company’s website as being $1.8 million per year, he earned $2.3 million in total compensation in 2017, down slightly from the previous year.
Goodwill CEO Salary (2022 Figures)
Inside this article you’ll find salary information on the CEOs of Goodwill Industries International Inc., including total compensation, base pay, bonuses, stock options, perks, profit sharing, medical benefits, retirement plan, paid time off, vacation time, employee assistance program, tuition reimbursement, life insurance, disability insurance, 401(k), workers’ compensation, and other forms of cash compensation. You’ll also learn about his/her position within the organization, the date he/she began working there, and how long s/he has been employed there.
You’ll discover key facts like the CEO’s age, what college degree he/she holds, where he/she went to school, and whether he/she has ever served as president / chief executive officer / chairman / director of another company. Plus, read up on the number of employees, annual revenue, net income, assets, and more important figures such as market cap, industry, and sector.
The data is sourced directly from the SEC filings of Goodwill Industries International, Inc.. Company financial and corporate data is typically gathered and compiled by Thomson Reuters, Business Wire, Bloomberg, FactSet Research Systems, Capital IQ, Hoovers, Dun & Bradstreet, and many others.
Goodwill Mission Statement
The mission of Goodwill Industries International is to improve lives—the dignity and quality of life for people of all ages, races, religions and economic backgrounds by providing opportunities for employment, education and training; social rehabilitation; health care; human services; and housing in partnership with our members and others throughout North America.
Goodwill Vision Statement
Every person has the opportunity to reach his/her fullest potential, regardless of race, religion, gender, sexual orientation, disability, economic status, physical ability, etc. We are committed to creating an environment where everyone feels safe, valued, respected and included. This vision statement describes our overall values and beliefs.
Goodwill Values
The Goodwill Industries International (GII) Foundation is a global leader in helping people achieve economic self-sufficiency, build better lives and strengthen communities worldwide. GII operates over 2,500 programs in 40 countries. In addition, it serves millions of Americans each year through its network of retail stores throughout North America.
Who is Goodwill’s CEO?
Goodwill Industries International is one of the largest nonprofit organizations in America. Founded in 1902, it now operates more than 2,500 thrift stores, employment centers, training programs, and retail businesses across North America. Its headquarters are located in Columbus, Ohio.
The organization’s current CEO, Steven Preston, earns over $1 million per year. He took over the position in January 2018. His annual pay package includes a base salary of $400,000, plus bonuses totaling up to $200,000.
This is far more than the median CEO salary in the United States. According to PayScale, the average CEO makes just under $225,000.
In addition, it appears that Preston’s salary is not reflective of the work he does at Goodwill. For example, the charity’s website states that it provides “work opportunities to people with disabilities, substance abuse problems, and mental health issues.” However, Goodwill doesn’t actually employ anyone with those kinds of conditions. Instead, it hires people with criminal records, drug addiction, and homelessness.
Furthermore, Goodwill sells donated goods to a neo-imperialist buyer in a third world country. This practice is often criticized by social justice advocates because it helps fund oppressive regimes and causes human suffering.
Moreover, there is no evidence that Preston ever worked at Goodwill or ran a single Goodwill store prior to taking the role of CEO.
Mark Curran never worked at or owned a single Goodyear store either. He owns several companies, including D&L Sports, a sporting goods retailer.
How much does Goodwill donate to charity?
Goodwill Industries International reported $1.8 billion in revenue for fiscal 2017, up 3.7%. Of that total, $1.3 billion came from retail sales, and $935 million came from donations. In addition to those numbers, Goodwill pays its expenses out of the same pot of money, meaning it doesn’t take in any additional funds.
The organization says it donates about 92% of its net income to its charitable mission. This includes grants and gifts to local charities, as well as employee wages, benefits and training programs.
What is the typical donation size?
The Salvation Army doesn’t keep track of the dollar amount of every single item donated. But it does know how much money it makes off of each sale. And the average donation size is $20.
While Goodwill collects about $1 per pound of clothing, furniture, electronics, etc., The Salvation Army earns just under half of what it takes in. In fact, the organization gets 70% of its revenue from individual donors — like you.
According to the National Council of Nonprofits, there are 2 million people who donate to charities annually. Of those, one out of five donates less than $25. Goodwill CEO Salaries Who is goodwill CEO
But the majority of people give larger amounts. About 50% of Americans give more than $200. And about 40% give more than $50.
What is the salary of the Goodwill chief executive officer?
The CEO of Goodwill Industries International makes $200,000 per year. This is according to the nonprofit organization’s annual report filed with the IRS. The CEO of Goodwill Northern New England, where Goodwill operates 23 facilities across Massachusetts, Rhode Island and Connecticut, receives $150,000 annually.
Highest paid charity CEOs
The average salary of the chief executive officer (CEO) of a nonprofit organization is now $1.9 million per year, according to the latest data from the Chronicle of Philanthropy. That’s up nearly 30% since 2013. But while the salaries of nonprofit CEOs continue to rise, the median annual income of a charity CEO is actually down slightly compared to five years ago.
According to a recent study by Charity Navigator, the largest charitable hospitals and health systems pay their CEOs six times what small and mid-size charities pay. A typical nonprofit hospital system pays its CEO about $2.5 million annually, while a small charity pays just $300,000.
Large nonprofit university systems like Harvard University and Yale University pay their CEOs even more — around $3 million a year. Smaller schools tend to pay less, with most paying less than half a million dollars.
While the salaries of nonprofit CEOs vary widely, there is one thing that unites them: they are almost always paid far more than the median income of a charity CEO. For example, the median income of a nonprofit CEO is $200,000. At the same time, the average CEO of a large nonprofit hospital system earns $1.9 million. Goodwill CEO Salaries Who is goodwill CEO
In addition to high salaries, nonprofit CEOs often receive generous benefits. Many CEOs of large nonprofit hospitals receive free housing and medical insurance, plus substantial retirement packages. In fact, many nonprofit hospitals provide their CEOs with full health coverage, including dental care and vision insurance.
Does the Goodwill CEO make a million dollars?
The CEO of Goodwill Industries International makes over $1 million per year. This includes a base salary of $400,000 plus bonuses and stock options. This amount does not include his annual bonus, which he received in 2017.
In addition to the CEO position, there are three additional executives whose salaries range from $150,000-$250,000 annually. These four executives work together to oversee the operations of Goodwill Industries International.
While the CEO salary may be much higher than the CEO salary for a for-profit company like Amazon or Walmart, it is still considerably less than the CEO salary of companies such as Nike ($3.5 million), Apple ($2.6 million), and Facebook ($8.4 million).
Goodwill Industries International is a nonprofit organization that provides employment opportunities to people with disabilities and mental health challenges. As of 2016, Goodwill had 466 retail stores throughout the United States, Canada, Mexico, Puerto Rico, and the Virgin Islands.
How much does Goodwill pay their employees?
Goodwill Industries International, one of the largest nonprofit organizations in America, provides job training and placement services to people with disabilities, veterans, disadvantaged youth and others. They operate nearly 900 stores across the United States and employ over 40,000 workers. Their headquarters is located in Columbus, Ohio.
According to Goodwill’s 2018 annual report, it had $4.5 billion in revenue and donated $1.7 billion in goods. However, despite those impressive numbers, the organization pays its employees a very low salary. In fact, most of their employees make less than $15 per hour. This puts them among the lowest paying employers in America.
The average hourly wage for retail salespeople in the US is $13.83 according to PayScale.com. Retailers like Walmart, Target and Costco typically pay around $12-$14 an hour. A typical Goodwill employee makes just above $10 an hour.
Who is the highest paid charity CEO?
The highest paid nonprofit CEO is Jim Skogsberg, the chief executive officer of Advocate Aurora Health. He earned $1.9 million in 2017, according to tax filings.
He beat out the next highest paid nonprofit CEO, David Rubenstein, founder and co-chief executive officer of the Carlyle Group. He earned $1 million in 2017.
Skogsberg took over as CEO of Advocate Aurora Health in 2013. Before that he worked at Northwestern Memorial Hospital, where he served as president and CEO from 2004 to 2011.
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