Overview
What is Helping The Homeless Inc?
Helping The Homeless Inc is a nonprofit organization situated in Newark, New Jersey, specifically at 269 Mount Prospect Avenue. Their primary mission is to provide emergency shelter services for individuals aged 18 and above who are currently homeless. With a dedicated team of 15 employees, they strive to offer a safe and supportive environment for both men and women in need. While more specific details about their programs, reach, or additional services are not provided, it is clear that their primary focus is on addressing the immediate needs of the homeless population in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Helping The Homeless Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in accountability and financial transparency. The organization scored 67% overall, which reflects a strong commitment to program expenses, with an impressive 98.78% of funds directed toward its programs. However, critical documentation and policies that ensure proper governance and accountability are notably missing, which impacts its overall score.
The organization boasts a fully independent board, which is a positive aspect, contributing to its governance structure. This independence can enhance decision-making and accountability, as reflected by the perfect scores in board independence and material diversion of assets. Nonetheless, the lack of financial statements and other essential governance policies raises concerns regarding transparency and adherence to best practices in nonprofit management.
Overall, while Helping The Homeless Inc demonstrates a strong commitment to its mission with efficient program spending, its transparency issues related to financial documentation and governance policies suggest that stakeholders may want to exercise caution and seek improvements before fully engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Helping The Homeless Inc legitimate?
Helping The Homeless Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Helping The Homeless Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,080
For more financial information, click here
What is the mission statement of Helping The Homeless Inc?
Helping The Homeless Inc is committed to providing emergency shelter services for individuals aged 18 and above who are currently homeless. Their mission is centered around operating a shelter that offers refuge and support during difficult times. The organization's primary goal is to provide a safe and secure environment for both men and women in need, offering them a temporary respite from their homelessness. While at the shelter, these individuals can access essential resources and services to help them navigate their circumstances and work towards rebuilding their lives.
Who is the CEO of Helping The Homeless Inc?
Steve Goldstein is the Trustee of Helping The Homeless Inc.
What is the revenue of Helping The Homeless Inc?
Helping The Homeless Inc's revenue in 2022 was $1,055,592.
Who are the executives of Helping The Homeless Inc and what are their salaries?
The average compensation at Helping The Homeless Inc during 2022 was $14,739. There are 15 employees at Helping The Homeless Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Helping The Homeless Inc?
Helping The Homeless Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Helping The Homeless Inc
Helping The Homeless Inc, as its name suggests, is committed to providing essential support for individuals who are 18 years old and above, currently experiencing homelessness. Their primary mission is to operate an emergency shelter, serving both men and women. This shelter offers a safe and secure environment for these individuals during their challenging times, providing them with a much-needed respite from their difficult circumstances. By operating this shelter, Helping The Homeless Inc aims to contribute to the well-being and stability of the homeless population, offering them a crucial stepping stone towards rebuilding their lives.
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Impact
July, 2024
Helping The Homeless Inc's impact can be seen in the lives of men and women aged 18 and over in Newark, NJ, who have access to an emergency homeless shelter. This organization provides a safe and supportive environment for individuals experiencing homelessness, offering them a chance to find temporary shelter and resources to improve their situation. By operating this shelter, Helping The Homeless Inc directly addresses the immediate needs of vulnerable individuals in the community, providing a crucial lifeline for those in need of assistance.
This information is meant to be a general summary of Helping The Homeless Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $262,080
- Gross Receipts: $1,055,592
Assets and Liabilities:
- Total Assets: $19,212,716
- Total Liabilities: $0
- Net Assets: $19,212,716
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Organization Details
Founding Year
2002
Phone
(973) 732-9200Principal Officer
Steve Goldstein
Main Address
269 MOUNT PROSPECT AVE, NEWARK, NJ, 07104
NTEE Category
Code: P85 - Human services
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