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New Community Employment Services Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222546365 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New Community Employment Services Corp?

New Community Employment Services Corp, situated in Newark, New Jersey, is a dedicated nonprofit organization. Their primary mission is to offer job training, counseling, and placement services to individuals with low and moderate income levels. Situated at 233 West Market St, this charitable institution works tirelessly to empower individuals in need, providing them with the necessary tools and support to secure employment and improve their livelihoods.


Official website here: www.newcommunity.org

What are the reviews and ratings of this charity?

Charity Navigator has awarded New Community Employment Services Corp a Four-Star out of Four Star rating, with an impressive score of 96%. This rating is significant as it reflects the organization's strong performance in the area of accountability and finance, indicating effective management and oversight of its resources.

The organization demonstrates a high level of accountability, evidenced by its independent board, which comprises 90% independent members. Additionally, it scores perfectly in crucial areas such as financial statements oversight and conflict of interest policies. The program expense ratio of 81.81% highlights a strong commitment to directing funds towards its programs rather than administrative costs.

While the rating showcases many strengths, potential donors and stakeholders should remain aware that the score is based solely on accountability and finance, without additional beacons for other dimensions of performance. This may limit insight into the full scope of the organization's impact and effectiveness beyond financial management.


This AI summary has been generated from information found on Charity Navigator.

Is New Community Employment Services Corp legitimate?

New Community Employment Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Employment Services Corp 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: $1,253,597

For more financial information, click here


Official website here: www.newcommunity.org

What is the mission statement of New Community Employment Services Corp?

New Community Employment Services Corp is dedicated to providing job training, counseling, and placement services for individuals with moderate to low income levels. Their mission is to empower these individuals, helping them gain the necessary skills and resources to secure employment. The organization offers comprehensive services, aiming to bridge the gap between job seekers and potential employers. They strive to create opportunities for personal and professional growth, ultimately contributing to improved livelihoods for the individuals they serve.


Official website here: www.newcommunity.org

Who is the CEO of New Community Employment Services Corp?

Elizabeth Mbakaya is the Cfo/Interim Ceo of New Community Employment Services Corp. The CEO's salary of New Community Employment Services Corp is $0 and their total compensation is $11,759.


Official website here: www.newcommunity.org

What is the revenue of New Community Employment Services Corp?

New Community Employment Services Corp's revenue in 2022 was $2,869,110.


Official website here: www.newcommunity.org

Who are the executives of New Community Employment Services Corp and what are their salaries?

There 10 volunteers at New Community Employment Services Corp.


Here are 16 key members and their salaries (New Community Employment Services Corp's CEO's salary is $0 and their total compensation is $11,759):


Elizabeth Mbakaya (Cfo/Interim Ceo)
  • Compensation: $0
  • Related: $253,731
  • Other: $0
Fred Hunter (Chief Operating Officer)
  • Compensation: $0
  • Related: $172,242
  • Other: $0
Winton Tolles (Director Of R/E Development)
  • Compensation: $0
  • Related: $170,000
  • Other: $0
Richard Rohrman (Ceo - Former)
  • Compensation: $0
  • Related: $143,907
  • Other: $0
Madge Wilson (Board Member)
  • Compensation: $0
  • Related: $55,000
  • Other: $3,720
Simone Gagnerone (Chief Executive Officer)
  • Compensation: $0
  • Related: $11,759
  • Other: $0
Diane Johnson (Board Member)
  • Compensation: $0
  • Related: $9,600
  • Other: $0
Dr Zacharya Yamba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Nemorin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Newton M Richards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Migdalia Martinez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Colon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Marchetta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome St John (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Rasmussen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcommunity.org

Where can I find the form 990 for New Community Employment Services Corp?

New Community Employment Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newcommunity.org

Learn more at the official website: www.newcommunity.org

Mission Statement of New Community Employment Services Corp

New Community Employment Services Corp is dedicated to providing essential job training, counseling, and placement services for individuals who fall under the low and moderate income bracket. Their mission is to empower these individuals, offering them the necessary tools to secure employment and improve their livelihoods. By providing comprehensive training and counseling, New Community Employment Services Corp aims to equip these individuals with the skills and confidence needed to succeed in the job market. Their ultimate goal is to help these individuals secure stable employment, thereby improving their financial stability and overall quality of life.

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Impact




October, 2024

New Community Employment Services Corp significantly impacts the lives of low and moderate-income individuals by providing essential job training, counseling, and placement services. These programs equip participants with the skills and knowledge needed to secure meaningful employment, enhancing their economic stability and self-sufficiency.

Through tailored job training initiatives, individuals gain relevant skills that are in demand in the local job market. Counseling services guide participants in navigating their career paths, helping them set achievable goals and develop effective job search strategies. Furthermore, the placement services facilitate connections between job seekers and employers, increasing the likelihood of securing employment.

By addressing the barriers to employment faced by marginalized communities, New Community Employment Services Corp plays a vital role in promoting workforce development and fostering economic empowerment in Newark, NJ. The organization not only supports individual growth but also contributes to the broader community by enhancing workforce participation and reducing unemployment rates among low and moderate-income populations.




This information is meant to be a general summary of New Community Employment Services Corp. 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.

Revenue
$2,869,110 (2022)
Expenses
$2,909,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $655,622
  • Gross Receipts: $2,869,110

Assets and Liabilities:

  • Total Assets: $1,138,173
  • Total Liabilities: $568,589
  • Net Assets: $569,584

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYMENT SERVICES

Revenue

$655,622

Organization Details

Founding Year

1984

Principal Officer

Elizabeth Mbakaya

Main Address

233 West Market St, Newark, NJ, 07103

NTEE Category

Code: J200 - Employment

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