Overview
What is New Destiny Housing Corporation?
New Destiny Housing Corporation is a nonprofit organization based in New York City, specifically at 12 WEST 37TH STREET 7TH FLOOR. Their primary mission is to provide safe and permanent housing for survivors of domestic violence and low-income families. In FY 2022, they operated three programs: Family Support Program, HousingLink, and the Online Housing Resource Center. The Family Support Program offers on-site services to promote housing retention, prevent violence recurrence, and improve tenants' well-being and economic health. Services include safety planning, benefits management, counseling, financial counseling, and job readiness. Legal, health, and job training services are provided through partnerships. HousingLink offers workshops and one-on-one assistance for domestic violence survivors and their advocates, referring them to vacant units in affordable housing owned by partners and providing short-term financial assistance and aftercare support. The Online Housing Resource Center offers comprehensive, up-to-date information about housing resources for low-income domestic violence survivors. In FY 2022, over 130,000 unique visitors utilized this online resource. New Destiny Housing Corporation employs 55 individuals, striving to create long-term security and stability for vulnerable families and individuals.
Official website here: www.newdestinyhousing.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
New Destiny Housing Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity's overall score is derived entirely from its Accountability & Finance score, which stands at a perfect 100%. This indicates that the organization demonstrates exceptional practices in managing its finances and ensuring responsible governance.
One of the standout features of New Destiny Housing Corporation is its independent board structure, with 100% of board members being independent. This not only enhances the organization's credibility but also contributes to more effective oversight. The charity also scored full points in areas such as audit oversight, conflict of interest policies, and the availability of financial documents, showcasing its dedication to maintaining high standards of governance.
However, while the ratings and data presented are overwhelmingly positive, it is important for potential donors and beneficiaries to consider the specific programs and services offered by New Destiny Housing Corporation. Understanding the impact of its work in the community can provide a more comprehensive view of the organization beyond its financial metrics. Overall, the organization appears to be a trustworthy and effective entity within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is New Destiny Housing Corporation legitimate?
New Destiny Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Destiny Housing Corporation 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: $484,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,782,437
For more financial information, click here
Official website here: www.newdestinyhousing.org
What is the mission statement of New Destiny Housing Corporation?
New Destiny Housing Corporation's mission is centered around providing long-term security and stability for low-income families and individuals at risk of domestic violence and homelessness. The organization operates various programs, such as the Family Support Program and HousingLink, to promote housing retention, prevent the recurrence of violence, and improve the well-being and economic health of tenants. On-site services offered in the Family Support Program include safety planning, benefits management and counseling, financial counseling, and job readiness. Legal, health, and job training services are provided through partnerships with local and citywide partners. HousingLink offers workshops and one-on-one assistance on permanent housing for domestic violence survivors and their advocates, as well as short-term financial assistance and aftercare support for up to two years. The Housing Resource Center offers comprehensive, up-to-date information about housing resources and how to obtain them for low-income domestic violence survivors, with over 130,000 unique visitors in FY 2022.
Official website here: www.newdestinyhousing.org
Who is the CEO of New Destiny Housing Corporation?
Nicole Branca is the Chair of New Destiny Housing Corporation.
Official website here: www.newdestinyhousing.org
What is the revenue of New Destiny Housing Corporation?
New Destiny Housing Corporation's revenue in 2022 was $6,433,594.
Official website here: www.newdestinyhousing.org
Who are the executives of New Destiny Housing Corporation and what are their salaries?
The average compensation at New Destiny Housing Corporation during 2022 was $59,391. There are 55 employees and 18 volunteers at New Destiny Housing Corporation.
Here are 23 key members and their salaries:
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- Compensation: $168,178
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- Other: $19,756
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- Compensation: $128,641
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- Other: $4,279
Official website here: www.newdestinyhousing.org
Where can I find the form 990 for New Destiny Housing Corporation?
New Destiny Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newdestinyhousing.org
Learn more at the official website: www.newdestinyhousing.org
Mission Statement of New Destiny Housing Corporation
New Destiny Housing Corporation is dedicated to establishing long-term security and stability for low-income families and individuals at risk of domestic violence and homelessness. This nonprofit organization provides permanent housing along with essential services to achieve this mission. In the fiscal year 2022, New Destiny operated three programs: the Family Support Program, HousingLink, and the Online Housing Resource Center.
The Family Support Program offers on-site services at New Destiny's housing facilities to promote housing retention, prevent the recurrence of violence, and improve the well-being and economic health of tenants. Services provided include safety planning, benefits management and counseling, financial counseling, and job readiness. Additionally, legal, health, and job training services are offered through partnerships with local and citywide partners to support the tenants' overall well-being.
HousingLink, another program, focuses on providing workshops and one-on-one assistance to domestic violence survivors and their advocates on securing permanent housing. It also refers applicants to vacant units in affordable housing owned by partners, offers short-term financial assistance, and provides aftercare support to placed survivors for up to two years. The third program, the Online Housing Resource Center, offers comprehensive and up-to-date information about housing resources and how to obtain them for low-income domestic violence survivors. In the fiscal year 2022, over 130,000 unique visitors visited this online resource.
In summary, New Destiny Housing Corporation is committed to providing permanent housing and essential services to low-income families and individuals at risk of domestic violence and homelessness to establish long-term security and stability. Their programs, including the Family Support Program, HousingLink, and the Online Housing Resource Center, work together to support tenants by offering various services such as safety planning, benefits management, financial counseling, job readiness, legal and health training, and workshops on securing permanent housing.
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Impact
October, 2024
New Destiny Housing Corporation significantly impacts the lives of homeless domestic violence survivors and low-income families by providing crucial services and support systems. Through its programs, such as the Family Support Program and HousingLink, it fosters long-term security and stability for individuals and families at risk of domestic violence and homelessness.
The Family Support Program offers personalized, on-site services aimed at ensuring housing retention and enhancing overall well-being. These services include safety planning, financial counseling, benefits management, and job readiness training. Collaborations with local partners expand access to legal, health, and job training resources, addressing the holistic needs of tenants.
HousingLink plays a vital role by facilitating the transition to permanent housing for domestic violence survivors. It provides workshops, one-on-one assistance, and referrals to available affordable housing units. Additionally, it offers financial assistance and ongoing support for up to two years, ensuring that survivors have the resources they need to maintain stability in their new homes.
The Housing Resource Center complements these programs by offering comprehensive information on housing resources, reaching over 130,000 unique visitors in FY 2022. This centralized platform helps low-income domestic violence survivors navigate their housing options effectively.
Through these initiatives, New Destiny Housing Corporation not only alleviates immediate housing crises but also contributes to the economic health and resilience of vulnerable populations in New York, ultimately breaking the cycle of violence and homelessness.
This information is meant to be a general summary of New Destiny Housing Corporation. 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: $25,187
- Program Service Revenue: $766,430
- Gross Receipts: $6,445,936
Assets and Liabilities:
- Total Assets: $14,258,053
- Total Liabilities: $967,013
- Net Assets: $13,291,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$412,831
DEVELOPER FEE INCOME
Revenue
$224,451
RENTAL INCOME
Revenue
$78,758
TENANT SOCIAL SERVICES
Revenue
$50,390
Organization Details
Founding Year
1994
Phone
(646) 472-0262Principal Officer
Nicole Branca
Main Address
12 WEST 37TH STREET 7TH FLOOR, NEW YORK, NY, 100187384
Website
www.newdestinyhousing.orgNTEE Category
Code: L20 - Housing
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