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Businiess name:  Goodwill
Review by:  citysearch c.
Review content: 
!!! ECONOMIC CRISIS !!! * WHY IS GOODWILL INDUSTRIES RAISING THEIR PRICES ?? * * REMEMBER WHEN THRIFT STORE SHOPPING USED TO BE AFFORDABLE ? * * GOODWILL'S SALES ARE UP AT LEAST 30% SINCE OUR ECONOMY STARTED GOING IN THE TOILET ! * * DEMAND LOWER PRICES ! * * ASK WHO IS REALLY PROFITING FROM THIS AND OTHER ""NOT FOR PROFIT"" COMPANIES ! 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 For more info, check out my anti-goodwill website... w w w . sites.google. com/site/thrifty2009/ or email me at Thrifty2009@gmail Pros: Example: best croissants in town Cons: Greedy, money hungry, unenvironmental, wasteful

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