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  #1  
Old 08-15-2024, 05:30 PM
Hankphenom Hankphenom is offline
Hank Thomas
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I'd take a wild guess and surmise the actresses might have been on top in the bag. Also that it's mostly ladies that work there and that's what they would do. I'm sure that store is in for a big tip from you, although Goodwill is actually a for-profit enterprise, something not many people are aware of when they donate.
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  #2  
Old 08-15-2024, 06:08 PM
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bmattioli bmattioli is offline
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I hit these myself constantly for a possible score like this. Fantastic Find!!
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  #3  
Old 08-15-2024, 08:26 PM
bigfish bigfish is offline
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Nice score Dan!
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  #4  
Old 08-15-2024, 08:56 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Quote:
Originally Posted by Hankphenom View Post
I'd take a wild guess and surmise the actresses might have been on top in the bag. Also that it's mostly ladies that work there and that's what they would do. I'm sure that store is in for a big tip from you, although Goodwill is actually a for-profit enterprise, something not many people are aware of when they donate.
Goodwill is a registered 501(c)(3) Non-Profit. Not hard to look up.
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  #5  
Old 08-16-2024, 03:28 AM
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brianp-beme brianp-beme is offline
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Incredible find Dan!

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Originally Posted by Aquarian Sports Cards View Post
Goodwill is a registered 501(c)(3) Non-Profit. Not hard to look up.
Indeed, but at least a dozen of their CEO's make a pretty decent living profiting from the Non-Profit:

The CEO's of the 12 largest Goodwill organizations received $370,000-$900,000 annually in compensation with the average being $650,000. If the 155 Goodwill organizations paid the CEO this average compensation, then Goodwill spent more than $100 million on CEO compensation in 2022.


Brian
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Old 08-16-2024, 05:42 AM
Hankphenom Hankphenom is offline
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Incredible find Dan!
Indeed, but at least a dozen of their CEO's make a pretty decent living profiting from the Non-Profit: The CEO's of the 12 largest Goodwill organizations received $370,000-$900,000 annually in compensation with the average being $650,000. If the 155 Goodwill organizations paid the CEO this average compensation, then Goodwill spent more than $100 million on CEO compensation in 2022. Brian
That's what I meant to alert people to. Thanks.
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Old 08-16-2024, 08:09 AM
Zach Wheat Zach Wheat is offline
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Originally Posted by brianp-beme View Post
Incredible find Dan!



Indeed, but at least a dozen of their CEO's make a pretty decent living profiting from the Non-Profit:

The CEO's of the 12 largest Goodwill organizations received $370,000-$900,000 annually in compensation with the average being $650,000. If the 155 Goodwill organizations paid the CEO this average compensation, then Goodwill spent more than $100 million on CEO compensation in 2022.


Brian
good point
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  #8  
Old 08-16-2024, 08:16 AM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Quote:
Originally Posted by brianp-beme View Post


Indeed, but at least a dozen of their CEO's make a pretty decent living profiting from the Non-Profit:

The CEO's of the 12 largest Goodwill organizations received $370,000-$900,000 annually in compensation with the average being $650,000. If the 155 Goodwill organizations paid the CEO this average compensation, then Goodwill spent more than $100 million on CEO compensation in 2022.


Brian
Same is true of almost every large non-profit unfortunately. Of course why would you take a massive job like that in a non-profit WITHOUT big compensation when you could take a similar job in the private for profit sector and make a lot more. Welcome to capitalism. The Non-profits don't have much choice in executive compensation unless they can find saints or morons, neither of whom is qualified to run a large-scale enterprise. However calling Goodwill a for-profit enterprise is simply factually wrong.
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Last edited by Aquarian Sports Cards; 08-16-2024 at 08:19 AM.
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  #9  
Old 08-16-2024, 08:46 AM
BillyCoxDodgers3B BillyCoxDodgers3B is offline
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As far as I was aware, if you wish for your donated material to generate the most help back to the community, Salvation Army and Goodwill are the way to go. At least, that's how I am to understand it works in Canada.

Up here, we have another massive thrift store chain called Value Village, which is indeed a for-profit operation. They have rightfully taken a lot of flak over the years. We get incessant calls from the Diabetes Association asking for clothing donations. They sell the donated material to Value Village by the pound for practically nothing. Value Village then often prices it at ridiculous rates, often higher than brand new! There has been a mixed response of amusement and annoyance that items found with original dollar store labels have been priced at $6.99, $9.99+. These places are no different than any other thrift store, exorbitant prices aside.

Has anyone else ever been puzzled by the thrift store smell? Every thrift store smells exactly the same. How is that possible? Do they all use the exact same cleaning and sterilization products? Do the combined family scents of 10000+ families all team up to form a solitary, monster scent?
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  #10  
Old 08-16-2024, 10:29 AM
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After watching this video, I'm shocked you found something good at a store. The stores now presort the best items and send them out for auction. Check it out:

https://www.youtube.com/watch?v=cTUt0Cv3zvs
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  #11  
Old 08-16-2024, 10:32 AM
raulus raulus is offline
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Quote:
Originally Posted by Aquarian Sports Cards View Post
Same is true of almost every large non-profit unfortunately. Of course why would you take a massive job like that in a non-profit WITHOUT big compensation when you could take a similar job in the private for profit sector and make a lot more. Welcome to capitalism. The Non-profits don't have much choice in executive compensation unless they can find saints or morons, neither of whom is qualified to run a large-scale enterprise. However calling Goodwill a for-profit enterprise is simply factually wrong.
Ding ding ding!!!

Love it or hate it, there's really no way around it. Qualified leadership doesn't come cheap.

Although all things considered, with incentive pay including stock options and other benefits, for-profit leaders often still make a lot more. It's usually just not necessarily straight cash. Non-profits don't have the same ability to offer equity compensation that way, so they're stuck with handing out cash.
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Last edited by raulus; 08-16-2024 at 10:32 AM.
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  #12  
Old 08-16-2024, 10:50 AM
Hankphenom Hankphenom is offline
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Quote:
Originally Posted by Aquarian Sports Cards View Post
Same is true of almost every large non-profit unfortunately. Of course why would you take a massive job like that in a non-profit WITHOUT big compensation when you could take a similar job in the private for profit sector and make a lot more. Welcome to capitalism. The Non-profits don't have much choice in executive compensation unless they can find saints or morons, neither of whom is qualified to run a large-scale enterprise. However calling Goodwill a for-profit enterprise is simply factually wrong.
Fine. I love capitalism, it's the greatest wealth creator devised by man. Just vet your charities and see who's getting the money before you donate.
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  #13  
Old 08-16-2024, 11:08 AM
Aquarian Sports Cards Aquarian Sports Cards is offline
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Fine. I love capitalism, it's the greatest wealth creator devised by man. Just vet your charities and see who's getting the money before you donate.
Wasn't a knock on capitalism, just stating the obvious. In a society where your skills are worth millions in the private sector why would you settle for thousands working for a non-profit?
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Last edited by Aquarian Sports Cards; 08-16-2024 at 11:08 AM.
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