Overview
What is New Strides Inc?
New Strides Inc, an affiliate of Mercy Haven Inc, is a nonprofit organization based in Islip Terrace, New York. Established 37 years ago, it initially focused on providing housing for individuals living with mental illness. Over the years, its scope has expanded to encompass various community needs, including the elderly, limited-income families, and those with special needs. The organization's mission is to recognize the dignity and potential of individuals who may be homeless, living with mental illness, or living in poverty. To fulfill this mission, New Strides offers housing, advocacy, education, and life skills development. Their support programs include free legal advocacy, employment skills training, community outreach, and a 24/7 staff on call. They also have a sophisticated property management department. New Strides has brought its services to both Nassau and Suffolk Counties in New York, and is dedicated to the communities it serves. The organization strives to create communities where diversity and inclusion are valued.
Official website here: www.mercyhaven.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
New Strides Inc has earned an 85% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization's score is calculated entirely from its accountability and finance metrics, indicating a strong commitment to transparency and proper financial management. They have achieved a perfect score for having a majority of independent board members, ensuring unbiased governance.
Strengths highlighted in the data include a high program expense ratio of 92.40%, suggesting that the majority of their funding is directed toward their programs rather than administrative costs. Additionally, they have comprehensive policies in place for conflict of interest, whistleblowing, and document retention, demonstrating a strong operational framework.
However, the organization faces a significant limitation regarding its liabilities to assets ratio, which stands at 130.44%. This indicates that New Strides Inc has more liabilities than assets, potentially raising concerns about its financial stability. Overall, while the organization shows commendable strengths in governance and program funding, its financial liabilities warrant attention.
This AI summary has been generated from information found on Charity Navigator.
Is New Strides Inc legitimate?
New Strides Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Strides 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: $38,309
For more financial information, click here
Official website here: www.mercyhaven.org
What is the mission statement of New Strides Inc?
New Strides Inc, an affiliate of Mercy Haven Inc, is dedicated to recognizing the dignity and potential of individuals who are homeless, living with mental illness, or living in poverty. Their mission encompasses providing housing, advocacy, education, and life skills development. Originating as a provider of housing for individuals with mental illness in 1985, their housing programs now extend to the elderly, low-income families, and those with special needs. Over the past 37 years, they have evolved into a multifaceted community resource. Their support programs include free legal advocacy, education and employment skills training, community outreach, staff on call 24/7, and a sophisticated property management department.
Official website here: www.mercyhaven.org
Who is the CEO of New Strides Inc?
Sister Patricia Griffith is the Executive Dir. of New Strides Inc.
Official website here: www.mercyhaven.org
What is the revenue of New Strides Inc?
New Strides Inc's revenue in 2022 was $104,068.
Official website here: www.mercyhaven.org
Who are the executives of New Strides Inc and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $248,903
- Other: $14,640
- Compensation: $0
- Related: $115,707
- Other: $8,151
- Compensation: $0
- Related: $99,586
- Other: $10,842
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mercyhaven.org
Where can I find the form 990 for New Strides Inc?
New Strides Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercyhaven.org
Learn more at the official website: www.mercyhaven.org
Mission Statement of New Strides Inc
New Strides Inc, an affiliate of Mercy Haven Inc, is a non-profit organization dedicated to acknowledging the dignity and potential of individuals who are homeless, living with mental illness, or living in poverty. Established in 1985, the organization began as a provider of housing for individuals with mental illness, but over the years, it has expanded its services to include the elderly, limited-income families, and people with special needs.
The mission of New Strides Inc is to provide housing, advocacy, education, and life skills development for those in need. It has grown to become a multifaceted community resource, offering a range of support programs. These include free legal advocacy, education and employment skills training, community outreach, a staff on call 24/7, and a sophisticated property management department.
New Strides Inc envisions communities where diversity and inclusion are valued. It is committed to serving the communities it operates in, extending its services to both Nassau and Suffolk Counties in New York. The organization is deeply rooted in the communities it serves, working tirelessly to help individuals in need rebuild their lives and regain their dignity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
New Strides Inc, as an affiliate of Mercy Haven Inc, is making a significant impact on the lives of people who are homeless, living with mental illness, or living in poverty. Through their housing programs and support services, they provide a safe and nurturing environment for individuals to thrive physically, socially, and psychologically. Their commitment to promoting health, security, happiness, and usefulness in longer living has positively influenced the lives of many individuals in Nassau and Suffolk counties in New York. Additionally, their comprehensive programs, including free legal advocacy, education, and employment skills training, community outreach, and round-the-clock staff availability, demonstrate their dedication to serving their communities. New Strides Inc envisions creating communities where diversity and inclusion are valued, making a lasting impact on the well-being of those they support.
This information is meant to be a general summary of New Strides 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: $20
- Program Service Revenue: $41,388
- Gross Receipts: $104,068
Assets and Liabilities:
- Total Assets: $792,950
- Total Liabilities: $1,034,326
- Net Assets: -$241,376
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
residence fees
Revenue
$41,388
Organization Details
Founding Year
1996
Phone
(631) 277-8300Principal Officer
Sister Patricia Griffith
Main Address
859 connetquot avenue ste 10, islip terrace, NY, 11752
Website
www.mercyhaven.orgNTEE Category
Code: F33 - Mental health
If you are a representative of New Strides Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.