Overview
What is Newbridge Housing I Inc?
Newbridge Housing I Inc is a nonprofit organization situated in Pequannock, New Jersey, specifically at 7 Industrial Road. Their primary mission is to provide housing facilities and services for individuals with mental health issues who have been discharged from hospitals and find it challenging to secure suitable residential accommodations. The organization operates within Morris and Passaic counties in New Jersey, and its operations are supported by the U.S. Department of Housing and Urban Development's Section 811 Supportive Housing for Persons with Disabilities Program. Newbridge Housing I Inc aims to ensure these individuals have a safe and supportive living environment to facilitate their recovery and re-integration into society.
Official website here: www.newbridge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, Two-Star out of Four Star rating
Newbridge Housing I Inc has received a rating of 61%, indicating a moderate level of accountability and financial health. The organization's strengths include having a fully independent board and a solid program expense ratio, which suggests that funds are primarily directed towards its mission. Their commitment to transparency is reflected in the availability of necessary documents, such as board meeting minutes.
However, there are significant areas of concern within the charity's operations. The lack of crucial policies, such as a conflict of interest policy and a whistleblower policy, raises questions about governance and transparency. Additionally, the organization has a concerning liabilities to assets ratio, which could imply potential financial instability.
Overall, while Newbridge Housing I Inc demonstrates strengths in certain accountability aspects, the deficiencies noted in governance policies may impact its overall effectiveness. Stakeholders and potential donors should consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Newbridge Housing I Inc legitimate?
Newbridge Housing I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newbridge Housing I 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: $0
For more financial information, click here
Official website here: www.newbridge.org
What is the mission statement of Newbridge Housing I Inc?
Newbridge Housing I Inc's mission is centered around providing housing facilities and services, specifically for individuals with disabilities, under the U.S. Department of Housing and Urban Development's Section 811 Supportive Housing for Persons with Disabilities Program. Their mission is to offer a home for post-hospitalized and challenging mental health patients, catering to two locations in Morris and Passaic County, New Jersey. The organization's primary objective is to ensure these individuals have access to suitable housing, thereby improving their overall quality of life.
Official website here: www.newbridge.org
Who is the CEO of Newbridge Housing I Inc?
Walter Dudzinski is the Ceo of Newbridge Housing I Inc. The CEO's salary of Newbridge Housing I Inc is $0 and their total compensation is $150,592.
Official website here: www.newbridge.org
What is the revenue of Newbridge Housing I Inc?
Newbridge Housing I Inc's revenue in 2022 was $121,510.
Official website here: www.newbridge.org
Who are the executives of Newbridge Housing I Inc and what are their salaries?
There 3 volunteers at Newbridge Housing I Inc.
Here are 5 key members and their salaries (Newbridge Housing I Inc's CEO's salary is $0 and their total compensation is $150,592):
- Compensation: $0
- Related: $135,942
- Other: $14,650
- Compensation: $0
- Related: $96,489
- Other: $8,790
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newbridge.org
Where can I find the form 990 for Newbridge Housing I Inc?
Newbridge Housing I Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbridge.org
Learn more at the official website: www.newbridge.org
Mission Statement of Newbridge Housing I Inc
Newbridge Housing I Inc, as a nonprofit organization, is committed to providing housing facilities and services under the U.S. Department of Housing and Urban Development's Section 811 Supportive Housing for Persons with Disabilities program. This mission is geared towards offering housing solutions for post-hospitalized and hard-to-place mental health patients. By participating in this program, Newbridge Housing I Inc aims to contribute to the well-being and reintegration of individuals dealing with mental health challenges, providing them with a stable living environment. Their dedication extends beyond just providing housing, as they also offer residential services at two locations in Morris and Passaic County, New Jersey. This holistic approach ensures that the individuals they serve receive comprehensive care, enabling them to navigate their recovery journey more effectively.
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Impact
October, 2024
Newbridge Housing I Inc significantly impacts the community by providing essential housing facilities and services tailored for individuals with disabilities, particularly those who are post-hospitalized or considered hard-to-place mental health patients. Operating in Morris and Passaic Counties in New Jersey, the organization addresses a critical gap in the housing market by offering safe and supportive living environments.
Through its adherence to the U.S. Department of Housing and Urban Development's Section 811 Supportive Housing for Persons with Disabilities Program, Newbridge Housing I Inc ensures that residents have access to not only housing but also the necessary support services that promote mental health and well-being. This dual focus empowers individuals to transition into more stable living conditions, fostering independence and enhancing their quality of life.
By creating these residential options, Newbridge Housing I Inc plays a crucial role in reducing homelessness and improving the overall health and stability of the communities it serves. Its efforts contribute to a more inclusive society, where individuals with disabilities can find supportive environments that encourage recovery, resilience, and active participation in their communities.
This information is meant to be a general summary of Newbridge Housing I 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: $58
- Program Service Revenue: $8,996
- Gross Receipts: $121,510
Assets and Liabilities:
- Total Assets: $647,334
- Total Liabilities: $642,819
- Net Assets: $4,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSUMER RENT INCOME
Revenue
$8,996
Organization Details
Founding Year
2004
Phone
(973) 686-2241Principal Officer
Walter Dudzinski
Main Address
7 Industrial Road, Pequannock, NJ, 07440
Website
www.newbridge.orgNTEE Category
Code: L20 - Housing
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