Overview
What is The Salem Mission Inc?
The Salem Mission Inc, also known as LifeBridge, is a nonprofit organization situated in Salem, Massachusetts. Their primary mission is to assist individuals experiencing homelessness by offering a range of supportive services. This includes providing emergency shelter beds, housing, community meals, basic healthcare, and day services for those who do not reside at the facility. LifeBridge operates with a full-time nurse, offering healthcare services such as wound care and substance abuse counseling. They also provide various programmatic offerings, like AA, NA, arts therapy, and employment training, to encourage personal development and self-sufficiency. LifeBridge's case management program assigns each client a case manager to create an individual action plan, tailored to their strengths and opportunities for success, to help them transition from emergency services to stable housing.
Official website here: www.lifebridgesalem.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Salem Mission Inc has achieved an impressive Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. With a strong impact measurement score of 100, the organization demonstrates a robust commitment to evaluating its effectiveness in serving its mission. Their program expense ratio of 84.34% further highlights their focus on dedicating a significant portion of their resources directly to program services.
Financially, the organization maintains a sound structure, evidenced by a low liabilities to assets ratio of 40.38%, and a board composed of 92% independent members ensures that governance is both transparent and effective. They have implemented essential policies such as a conflict of interest and a whistleblower policy, which contribute to their accountability standards. Additionally, their audit and oversight committee has received full marks, demonstrating diligence in their financial reporting and compliance.
While the nonprofit excels in many areas, it provides shelter for individuals or families earning less than 200% of Fair Market Rent, which may indicate a limitation in its capacity to serve broader income levels. Overall, The Salem Mission Inc appears to be a well-managed organization with a significant positive impact on its community.
This AI summary has been generated from information found on Charity Navigator.
Is The Salem Mission Inc legitimate?
The Salem Mission Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Salem Mission 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: $250,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,213,867
For more financial information, click here
Official website here: www.lifebridgesalem.org
What is the mission statement of The Salem Mission Inc?
The Salem Mission Inc's mission is centered around addressing homelessness. They believe in offering opportunities to end this crisis, one individual at a time. Their approach involves providing housing with supportive services, encouraging personal and income development, and promoting stability in both physical and mental health. The ultimate goal is to help transition individuals from homelessness to stable housing.
Official website here: www.lifebridgesalem.org
What is the revenue of The Salem Mission Inc?
The Salem Mission Inc's revenue in 2024 was $6,516,750.
Official website here: www.lifebridgesalem.org
Who are the executives of The Salem Mission Inc and what are their salaries?
The average compensation at The Salem Mission Inc during 2024 was $26,044. There are 133 employees and 400 volunteers at The Salem Mission Inc.
Here are 13 key members and their salaries:
- Compensation: $231,460
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- Other: $33,463
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Official website here: www.lifebridgesalem.org
Where can I find the form 990 for The Salem Mission Inc?
The Salem Mission Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lifebridgesalem.org
Learn more at the official website: www.lifebridgesalem.org
Mission Statement of The Salem Mission Inc
The Salem Mission Inc, a nonprofit organization, is dedicated to helping individuals overcome homelessness. Their mission is to provide opportunities that enable men and women to put an end to their homelessness. They believe that solving this crisis, one person at a time, can be achieved by offering housing with supportive services, encouraging personal and income development, and promoting stability in physical and mental health. Their ultimate goal is to assist individuals in transitioning from homelessness to stable housing.
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Impact
October, 2024
The Salem Mission Inc's Lifebridge initiative significantly impacts the community by addressing homelessness through a holistic approach. By providing 36 emergency shelter beds, which expand to 54 during winter, it offers individuals a safe space to rest and recover. With 22 units of single-room occupancy housing, Lifebridge transitions people from homelessness to stable living situations, empowering them with ongoing case management and access to essential services.
Lifebridge serves over 250 meals daily, ensuring both clients and community members receive nutritious food throughout the year. Their healthcare services, including over 150 health assessments monthly, cater to both physical and mental health needs, offering essential support such as wound care and substance abuse counseling.
Day services expand their reach to those not residing on-site, providing showers, clothing, and personal care products. Lifebridge promotes personal development through various programs like support groups, employment training, and creative writing workshops, fostering skills for self-sufficiency.
With tailored case management for each individual, Lifebridge adjusts its strategies based on diverse backgrounds and personal challenges, helping many find stable housing in as little as 6-8 weeks. Overall, the Everett initiative has become a beacon of hope and transformation, positively affecting thousands each year and guiding individuals toward self-reliance and dignity.
This information is meant to be a general summary of The Salem Mission 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 2024.
- Investment Income: $8,291
- Program Service Revenue: $3,821,599
- Gross Receipts: $6,803,013
Assets and Liabilities:
- Total Assets: $3,796,611
- Total Liabilities: $929,528
- Net Assets: $2,867,083
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEPARTMENT OF HOUSING
Revenue
$2,884,375
PROGRAM SERVICE REVENU
Revenue
$504,774
THRIFT STORE
Revenue
$406,917
HOSUING RENT
Revenue
$25,533
Organization Details
Founding Year
2007
Principal Officer
Jason Etheridge
Website
www.lifebridgesalem.orgNTEE Category
Code: P20 - Human services
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