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Goodwill Industries Operating in California

Goodwill Industries Operating in California. Economic and Fiscal Impact 2012 Presented By: Elliott D. Pollack & company March 20 th , 2013. Goodwill Model. (1) Impact of Jobs Placement (2) Impact of Operations (3) Impact of Capital Improvements. What is “impact analysis”?.

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Goodwill Industries Operating in California

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  1. Goodwill Industries Operating in California Economic and Fiscal Impact 2012 Presented By: Elliott D. Pollack & company March 20th, 2013

  2. Goodwill Model (1) Impact of Jobs Placement (2) Impact of Operations (3) Impact of Capital Improvements

  3. What is “impact analysis”? (1) ECONOMIC IMPACT (2) FISCAL IMPACT

  4. Economic Impacts Models produce values for three economic measures: (1) Economic activity (output) = gross receipts for goods or services generated in the economy. (2) Employment = part time and full time jobs (3) Earnings (wages) = total wage & salary payments including benefits

  5. Multiplier Effects: • Direct • (2) Indirect • (3) Induced

  6. DIRECT: Jobs held by employees of the industry

  7. Direct activity creates ripple effects

  8. INDIRECT: Jobs created in industries that provide goods & services to the industry.

  9. INDUCED: Jobs created by the spending of the wages of direct & indirect employees.

  10. Fiscal Impact Taxes derived from employees such as: EmployeeSales Tax Income Taxes Unemployment Taxes Gas Taxes

  11. Community Placements Putting People to Work

  12. Community Placement Summary • The 13 Goodwill Industries organizations operating in California placed a total of 14,215 job seekers into jobs in 2012. • The average hourly wage per placement was $10.75, working an average of 33 hours per week for 4 months. • The ripple effect of those jobs throughout the economy generated an additional 1,235 jobs for a total of 15,450 jobs with total wages of $154.3 million and a total economic impact of $401.4 million. • The fiscal impact generated by the placements was $11.7 million for the State of California.

  13. Goodwill Industries Operating in California The 13 Goodwill organizations operating in California placed 14,215 people into jobs in 2012 (excluding placements within local Goodwills). For perspective, this figure represents 5.7% of California’s statewide 2012 job growth. Note: Estimated retention was at least 3 months.

  14. Top 10 Community Placement Inputs Goodwill Industries Operating in California

  15. Community Placement Inputs Goodwill Industries Operating in California

  16. Impact of Community Placements Goodwill Industries Operating in California

  17. Annual Direct Community Placements Goodwill Industries Operating in California

  18. Community Placement Summary Goodwill Industries Operating in California

  19. Economic Impact of Community Placements 2012

  20. Fiscal Impact of Community Placements 2012

  21. Goodwill Operations

  22. Operations Impact Summary • The Goodwill organizations operating in California employed 13,453 people in 2012. • The ripple effect of those jobs throughout the economy generated an additional 2,590 jobs for a total of 16,043 jobs with total wages of $366.5 million and a total economic impact of $854.7 million. • The fiscal impact generated by California Goodwill operations in 2012 was $30.5 million.

  23. Top 10 Community Operations Inputs Goodwill Industries Operating in California

  24. Impact of Operations Goodwill Industries Operating in California

  25. Economic Impact of Operations2012

  26. Fiscal Impact of Operations2012

  27. Operations Summary Goodwill Industries Operating in California

  28. Capital Improvements

  29. Capital Improvements byGoodwill Industries Operating in California • The total dollar value of capital improvements made in California in 2012 was $18.7 million. • The construction generated 154 direct jobs and 275 total jobs with wages of $17.1million in 2012. • The total economic impact of construction in 2012 was $38.7 million.

  30. Impact of ConstructionGoodwill Industries Operating in California

  31. Economic Impact of Construction 2012

  32. Fiscal Impact of Construction2012

  33. Impact of Construction Goodwill Industries Operating in California2011 - 2012

  34. Total Impact Goodwill Industries Operating in California 2012

  35. Total Impact Goodwill Industries Operating in California2009 - 2012

  36. ELLIOTT D. POLLACK & Company Economic and Real Estate Consulting WWW.ARIZONAECONOMY.COM INFO @ EDPCO.COM 7505 East Sixth Avenue, Suite 100 Scottsdale, Arizona 85251 480-423-9200 P 480-423-5942 F www.arizonaeconomy.com

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