Overview
What is Project Renewal Inc?
Project Renewal Inc, located in New York City, is a nonprofit organization dedicated to helping the homeless, mentally ill, and individuals with substance abuse problems. Their services include temporary housing with on-site treatment and rehabilitation, providing thousands of New Yorkers, including adults, children, older adults, veterans, and LGBTQ+ young adults, with much-needed assistance in 2022. The organization's mission is to break the cycle of homelessness through empowerment, enabling men, women, and children to rebuild their lives with improved health, stable housing, and employment opportunities. Project Renewal operates accessible facilities in the city, offering medical care, employment services, housing support, and community outreach to help those in need regain control of their lives.
Official website here: www.projectrenewal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Project Renewal Inc has received a Three-Star rating from Charity Navigator, reflecting an 81% score, especially notable for its financial accountability and transparency. The organization demonstrates strong governance with a fully independent board and a commendable program expense ratio of 86.77%, indicating that the majority of their expenses are directed towards their mission-driven programs. Additionally, they have established comprehensive policies regarding conflicts of interest, whistleblowing, and document retention, contributing to their positive financial oversight.
User reviews present a mixed perspective on Project Renewal's effectiveness. Many clients commend the organization's ability to support individuals in overcoming addiction and homelessness, highlighting personal success stories that demonstrate life-changing impacts and career advancements thanks to the programs offered. Several former clients express gratitude for the guidance and support received, stating that Project Renewal played a crucial role in helping them regain stability and self-sufficiency.
Conversely, some reviews raise significant concerns regarding the quality of services provided, particularly at specific shelters like the New Providence women's shelter. Complaints focus on poor leadership, unclean facilities, inadequate food safety, and communication issues between staff and clients. These critiques underscore the need for improvements in operational management and responsiveness to client needs to ensure all individuals receive compassionate and effective support.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Project Renewal Inc?
78% of the 33 reviewers on Facebook recommend Project Renewal Inc. Here is a summary of their reviews:
Many supporters express their appreciation for the organization’s impactful services, highlighting its mission to help transform lives. The overall sentiment reflects a strong belief in the nonprofit's ability to deliver meaningful change and support to individuals in need.
Reviewers emphasize the positive effect that Project Renewal has in revitalizing spirits and providing essential resources to those it serves. While feedback is varied, the common theme is a recognition of the nonprofit’s commitment to fostering hope and renewal in the community.
This AI summary has been generated from reviews found on Facebook.
Is Project Renewal Inc legitimate?
Project Renewal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project Renewal 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: $1,639,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,568,410
For more financial information, click here
Official website here: www.projectrenewal.org
What is the mission statement of Project Renewal Inc?
Project Renewal Inc aims to break the cycle of homelessness by helping men, women, and children renew their lives through health, homes, and jobs. The organization provides temporary housing with on-site treatment and rehabilitation services for homeless individuals dealing with mental illness and substance abuse issues. In 2022, Project Renewal served thousands of New Yorkers, including adults, children, older adults, veterans, and LGBTQ+ young adults. Their mission encompasses empowering individuals to regain control of their lives and overcome the challenges of homelessness.
Official website here: www.projectrenewal.org
Who is the CEO of Project Renewal Inc?
Eric Rosenbaum is the Trustee of Project Renewal Inc. The CEO's salary of Project Renewal Inc is $315,500 and their total compensation is $346,857.
Official website here: www.projectrenewal.org
What is the revenue of Project Renewal Inc?
Project Renewal Inc's revenue in 2022 was $114,099,875.
Official website here: www.projectrenewal.org
Who are the executives of Project Renewal Inc and what are their salaries?
The average compensation at Project Renewal Inc during 2022 was $36,137. There are 1251 employees and 25 volunteers at Project Renewal Inc.
Here are 36 key members and their salaries (Project Renewal Inc's CEO's salary is $315,500 and their total compensation is $346,857):
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Official website here: www.projectrenewal.org
Where can I find the form 990 for Project Renewal Inc?
Project Renewal Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectrenewal.org
Learn more at the official website: www.projectrenewal.org
Mission Statement of Project Renewal Inc
Project Renewal Inc, a renowned organization, aims to break the cycle of homelessness by empowering men, women, and children in New York City to renew their lives with health, homes, and jobs. The organization operates accessible facilities that cater to individuals suffering from mental illness, alcoholism, and substance abuse. Project Renewal provides temporary housing accompanied by on-site treatment and rehabilitation services for homeless adults, children, older adults, veterans, and LGBTQ+ young adults.
In 2022, Project Renewal, Inc. extended its reach to thousands of New Yorkers, offering them a chance to regain control of their lives. By providing essential services, the organization helps its clients overcome the challenges of homelessness, mental illness, and substance abuse. The organization's mission is deeply rooted in the belief that every person deserves a chance to live a fulfilling life, free from the burdens of homelessness.
Project Renewal's commitment to ending homelessness extends beyond mere temporary housing. The organization provides its clients with the necessary resources to build a foundation for a stable and sustainable future. Through its treatment and housing programs, Project Renewal helps individuals address the root causes of their homelessness and provides them with the skills and support they need to reintegrate into society. The organization's ultimate goal is to help its clients rediscover their self-worth and regain their sense of dignity, enabling them to live healthy, productive lives.
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Impact
October, 2024
Project Renewal Inc has a significant impact on the lives of homeless and formerly homeless individuals in New York City. By operating accessible facilities, the organization provides essential medical, employment, housing, and community outreach services specifically targeted at those facing challenges such as mental illness, alcoholism, and substance abuse.
Through its treatment and transitional housing programs, Project Renewal offers temporary accommodation coupled with on-site treatment and rehabilitation services, directly addressing the unique needs of the homeless population. In 2022, the organization served thousands of New Yorkers, including adults, children, older adults, veterans, and LGBTQ+ young adults, fostering comprehensive support for diverse communities.
The mission to end the cycle of homelessness empowers individuals to reclaim their lives by focusing on health, stability, and sustainable job opportunities. By facilitating this transformation, Project Renewal Inc not only helps restore dignity and hope but also contributes to the overall well-being of the community, promoting a healthier, more inclusive society.
This information is meant to be a general summary of Project Renewal 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: $457
- Program Service Revenue: $12,743,410
- Gross Receipts: $114,239,695
Assets and Liabilities:
- Total Assets: $69,297,765
- Total Liabilities: $57,938,416
- Net Assets: $11,359,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SOCIAL PURPOSE VENTURES
Revenue
$6,540,093
THIRD PARTY VENTURES
Revenue
$4,027,868
RENTAL INCOME
Revenue
$2,175,449
Organization Details
Founding Year
1967
Phone
(212) 620-0340Principal Officer
Eric Rosenbaum
Main Address
200 VARICK STREET 9TH FL, NEW YORK, NY, 10014
Website
www.projectrenewal.orgNTEE Category
Code: F300 - Mental health
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