Overview
What is Newbridge Housing Ii Inc?
Newbridge Housing II Inc, based in Pequannock, New Jersey, is a nonprofit organization dedicated to providing housing for individuals with mental health challenges who have been discharged from hospitals and face difficulty finding suitable accommodations. Located at 7 Industrial Road, they operate 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 housing facilities and related services, aiming to improve the living conditions and overall well-being of individuals with disabilities in Morris County, New Jersey.
Official website here: www.newbridge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall Score: 61%, earning it a Two-Star out of Four Star rating. The organization received a perfect score of 100% in Accountability & Finance, indicating strong governance in areas like board independence and asset management. However, it fell short in several critical policies, such as conflict of interest and whistleblower policies, which detracted from its overall performance.
Despite having a fully independent board and good practices in documenting board meeting minutes, Newbridge Housing II Inc lacks essential policies that ensure transparency and accountability. The organization scored zero in areas like document retention, tax form posting on its website, and liabilities to assets ratio, which raises concerns about financial management and operational transparency.
While the program expense ratio earned full marks, reflecting effective use of funds towards its mission, the absence of robust governance policies suggests that potential donors should exercise caution. The overall rating indicates that while there are strengths, significant improvements are needed to enhance trust and security for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Newbridge Housing Ii Inc legitimate?
Newbridge Housing Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newbridge Housing Ii 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 Ii Inc?
Newbridge Housing II Inc's mission is centered around providing housing facilities and services 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 primary objective is to accommodate post-hospitalized, hard-to-place mental health patients at two locations in Morris County, New Jersey, under this program. The organization's mission aims to ensure that individuals with disabilities have access to suitable housing and supportive services, enhancing their overall well-being.
Official website here: www.newbridge.org
Who is the CEO of Newbridge Housing Ii Inc?
Walter Dudzinski is the Ceo of Newbridge Housing Ii Inc. The CEO's salary of Newbridge Housing Ii Inc is $0 and their total compensation is $150,592.
Official website here: www.newbridge.org
What is the revenue of Newbridge Housing Ii Inc?
Newbridge Housing Ii Inc's revenue in 2022 was $50,388.
Official website here: www.newbridge.org
Who are the executives of Newbridge Housing Ii Inc and what are their salaries?
There 3 volunteers at Newbridge Housing Ii Inc.
Here are 5 key members and their salaries (Newbridge Housing Ii 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 Ii Inc?
Newbridge Housing Ii 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 Ii Inc
Newbridge Housing II Inc 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 essential in offering a supportive living environment for post-hospitalized, hard-to-place mental health patients. By participating in this program, Newbridge Housing II Inc aims to provide housing for these individuals at two locations in Morris County, New Jersey. The organization's primary goal is to ensure that individuals with disabilities have access to safe and suitable housing, enabling them to live with dignity and independence.
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Impact
August, 2024
Newbridge Housing II Inc's impact lies in providing essential housing facilities and services to support individuals with disabilities under the U.S. Department of Housing and Urban Development's Section 811 Supportive Housing for Persons with Disabilities Program. Specifically, the organization focuses on offering residential services to post-hospitalized and hard-to-place mental health patients in Morris County, New Jersey. By offering stable and supportive housing options, Newbridge Housing II Inc plays a crucial role in enhancing the quality of life and independence of individuals with disabilities in the community.
This information is meant to be a general summary of Newbridge Housing Ii 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: $11
- Program Service Revenue: $19,879
- Gross Receipts: $50,388
Assets and Liabilities:
- Total Assets: $573,910
- Total Liabilities: $865,120
- Net Assets: -$291,210
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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
$19,879
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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