Steven C. Preston, the CEO of Goodwill Industries International, has been instrumental in transforming the nonprofit into a global powerhouse. With an estimated net worth of $12 million in 2025, Preston’s leadership combines strategic innovation with a strong commitment to social good. Goodwill, widely recognized for its thrift stores and community programs, has grown under his direction, embracing e-commerce and modern technology to expand its reach.
This article explores Steven Preston’s professional journey, Goodwill’s unique business model, and how the organization allocates its income to empower communities.
Profile Summary
| Attribute | Detail |
| Full Name | Steven C. Preston |
| Nick Name | Steven |
| Date of Birth | August 4, 1960 (63 years) |
| Place of Birth | Janesville, Wisconsin, U.S. |
| Religion | Christian |
| Nationality | American |
| Zodiac Sign | Leo |
| Profession | Business Executive |
| Business Ventures | Goodwill Industries International |
| Net Worth | $11 Million |
| Current Residence | Chicago, Illinois, U.S. |
Who is the Goodwill Owner?
Steven C. Preston is the CEO of Goodwill Industries International, and his leadership has been crucial in shaping the nonprofit’s success. He has held various executive roles before joining Goodwill, including positions in the corporate sector and the U.S. government. With a strong background in finance and management, Preston has helped Goodwill navigate the complexities of nonprofit operations.
Preston’s professional life spans across multiple sectors, from government service to private industry, making him a well-rounded executive. His commitment to Goodwill’s mission has earned him respect within both the nonprofit sector and the wider community.
Net Worth (2019-2025)
| Year | Revenue (Net Worth) |
| 2024 | $12 Million |
| 2023 | $11 Million |
| 2022 | $8 Million |
| 2021 | $5 Million |
| 2020 | $2 Million |
| 2019 | $1 Million |
Business Model & Steven
Goodwill operates under a unique business model for a nonprofit organization. The core of the model revolves around its thrift stores, which generate revenue from the sale of donated items. This revenue is then reinvested into job training programs and other community services. Steven Preston has expanded Goodwill’s reach beyond physical stores, investing in e-commerce to maximize revenue and reach a broader audience.
Preston has maintained a focus on aligning Goodwill’s mission with its business practices, ensuring that the nonprofit remains a sustainable and community-focused organization. His leadership has been instrumental in growing Goodwill into a billion-dollar brand in the nonprofit sector.
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Stock Holdings and Investments
As a nonprofit leader, Steven Preston’s stock holdings and investments are not as widely publicized as those of CEOs in the corporate sector. However, it is known that Goodwill’s financial model includes investments in real estate, corporate partnerships, and even some foundations that align with their mission.
Despite being a nonprofit organization, the revenue generated from these investment income sources plays a significant role in Goodwill’s ability to fund its programs. Preston’s experience in finance and management helps the organization remain financially healthy while advancing its social mission.
Retail Sales and Revenue of Goodwill Owner
Goodwill Industries generates significant revenue through its retail stores, which sell donated goods at affordable prices. These stores are the cornerstone of the organization’s operations, and their success is a direct result of Goodwill’s mission to provide jobs and career opportunities to those in need. Retail sales account for a large portion of the revenue that supports Goodwill’s community programs.
In addition to physical retail sales, Goodwill has embraced e-commerce, allowing customers to shop online for donated items, which boosts revenue. This combined approach has helped Goodwill’s revenue grow year after year, contributing to the financial strength of the organization under CEO Steven Preston’s leadership.
Donations and Philanthropy by Goodwill Owner
At the heart of Goodwill’s mission is a commitment to community services and social good. Donations from individuals and corporate partnerships play a crucial role in supporting Goodwill’s programs. These donations fund job training programs, employment services, and community outreach efforts. Under Steven Preston’s leadership, Goodwill Industries has expanded its donation initiatives to encourage people to give goods and funds that help support their social programs.
Goodwill’s work in communities across the U.S. has been instrumental in providing resources to those who face barriers to employment, such as people with disabilities or those who have faced incarceration.
E-commerce Strategy of Goodwill Owner
In response to the growing demand for online shopping, Goodwill has invested in a robust e-commerce strategy. Steven Preston recognized the potential for expanding the organization’s reach beyond physical stores, especially in the wake of the COVID-19 pandemic. Goodwill Industries International launched online platforms where people can purchase donated items, helping boost sales and broaden its customer base.
This e-commerce initiative has been a major revenue driver and allows Goodwill to compete with other retail businesses while still adhering to its nonprofit goals. The shift to digital sales has been a key factor in the growth of Goodwill’s revenue and a contributing factor to the Goodwill Owner’s net worth.
Investment Income of Goodwill Owner
While Goodwill Industries is primarily funded through its thrift stores, the organization also generates investment income through strategic partnerships, investments in real estate, and contributions from foundations. This income helps fund various community programs and ensures the sustainability of Goodwill’s mission. Steven Preston has been instrumental in identifying these additional income sources, which have provided the financial stability needed to support Goodwill’s job training and employment services.
Fundraising Events Organized by Goodwill Owner
Fundraising events are another significant way that Goodwill generates revenue. These events, whether they involve auctions, galas, or community engagement activities, help raise funds to support the organization’s work. Steven Preston has overseen various initiatives to expand these events, aligning them with Goodwill’s mission to provide services for job training and community support.
These events not only raise funds but also raise awareness about the impact of Goodwill in the community. Through corporate partnerships and community engagement, Preston has successfully driven donations and public involvement in the organization’s programs.
How Goodwill Company Allocates Its Income
Goodwill Industries allocates its income primarily toward supporting its job training programs, community services, and employment initiatives. A portion of the income is also used to maintain retail stores, which generate the revenue that funds these programs. Steven Preston ensures that the organization remains financially transparent and accountable, making sure that income is spent effectively to further Goodwill’s mission.
The financial management of Goodwill is crucial to maintaining trust with donors and the communities it serves, and Preston’s leadership has been key in ensuring that Goodwill’s resources are used in the most efficient and impactful way.
Programs and Services Offered by Goodwill Owner
Goodwill offers a variety of programs and services aimed at empowering individuals and families in need. These include job training, career services, vocational training, and youth programs. Under Steven Preston’s leadership, these programs have expanded, reaching more people and helping them find employment opportunities.
Goodwill’s community programs have had a significant social impact, providing those in need with the tools to become financially independent. These services are crucial in helping people who face barriers to employment, such as individuals with disabilities or veterans.
Employee Wages and Benefits at Goodwill
Goodwill is known for providing wages and benefits that are competitive within the nonprofit sector. Steven Preston has focused on ensuring that Goodwill employees receive fair compensation for their work. This includes not only competitive wages but also benefits such as healthcare and retirement options.
Goodwill also provides job training programs for employees, giving them opportunities to advance in their careers. This commitment to employee welfare is in line with Goodwill’s mission to promote personal development and economic independence.
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Investment in Technology by Goodwill Owner
Steven Preston understands the importance of technology in the modern nonprofit world. Goodwill Industries has invested in advanced digital platforms, e–commerce systems, and data analytics to improve efficiency and reach. These investments have not only helped Goodwill remain competitive but have also allowed the organization to better serve the communities it supports.
Conclusion
Steven C. Preston’s leadership has propelled Goodwill Industries to new heights, blending innovation with a strong commitment to community service. With a net worth of $12 million in 2025, he has successfully expanded Goodwill’s operations, introduced e-commerce, and strengthened its financial sustainability.
By balancing its mission with effective business strategies, the organization remains a leader in the nonprofit sector. Preston’s vision ensures that Goodwill not only grows financially but also creates lasting social impact in communities worldwide.
FAQs
Who owns Goodwill Industries?
Steven Preston, the CEO of Goodwill Industries, leads the organization.
What is Goodwill’s net worth in 2025?
Goodwill’s net worth is closely tied to its annual revenue, which is generated from retail sales, donations, and corporate partnerships.
How does Goodwill make money?
Goodwill generates revenue through its thrift stores, online sales, and donations.
What services does Goodwill offer?
Goodwill offers a variety of job training and community support programs aimed at helping people with disabilities and other barriers to employment.
What is the role of Steven Preston in Goodwill?
Steven Preston has been instrumental in leading Goodwill Industries International, driving both its financial growth and its commitment to social good.
