Overview
What is New Community Harmony House Corporation?
New Community Harmony House Corporation is a nonprofit organization situated in Newark, New Jersey, specifically at 233 West Market Street. Their primary mission is to assist homeless individuals and families in transitioning from temporary housing to permanent residences and from reliance on aid to self-sufficiency. They accomplish this by providing housing for up to 102 families in individual apartment units and offering a range of on-site support services. These services aim to overcome the challenges these families face, helping them restore stability and improve their lives.
Official website here: www.newcommunity.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
New Community Harmony House Corporation has received a favorable assessment with a Three-Star rating, primarily based on its strong accountability and finance measures. The organization demonstrates a solid commitment to financial oversight and governance, as evidenced by its 90% independent board members and comprehensive conflict of interest and whistleblower policies. These elements contribute to its high score in the accountability category, showcasing a robust framework for ethical management.
The nonprofit's financial performance is commendable, with a program expense ratio of 76.88%, indicating that a significant portion of its resources is dedicated to its programs rather than administrative costs. However, the organization scored poorly on its liabilities to assets ratio, which may suggest a need for improved financial stability and management of obligations. Despite this, the overall financial practices and transparency of the organization are rated positively.
While New Community Harmony House Corporation has demonstrated strengths in governance and program expenditure, potential donors and stakeholders should consider the noted limitations regarding financial liabilities. Overall, the charity appears to be a reliable organization committed to its mission, with a strong emphasis on accountability and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is New Community Harmony House Corporation legitimate?
New Community Harmony House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Harmony House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $299,036
For more financial information, click here
Official website here: www.newcommunity.org
What is the mission statement of New Community Harmony House Corporation?
The New Community Harmony House Corporation's mission is centered around providing transitional housing and support services for individuals and families experiencing homelessness. By offering transitional housing in the form of individual apartment units, the organization aims to assist families in transitioning from homelessness to permanent housing and from dependency to self-sufficiency. Beyond offering shelter, Harmony House provides a host of on-site social services, offering stability and resources to families facing various barriers, enabling them to rebuild their lives.
Official website here: www.newcommunity.org
Who is the CEO of New Community Harmony House Corporation?
Elizabeth Mbakaya is the Cfo/ Interim Ceo of New Community Harmony House Corporation. The CEO's salary of New Community Harmony House Corporation is $0 and their total compensation is $11,759.
Official website here: www.newcommunity.org
What is the revenue of New Community Harmony House Corporation?
New Community Harmony House Corporation's revenue in 2022 was $2,037,809.
Official website here: www.newcommunity.org
Who are the executives of New Community Harmony House Corporation and what are their salaries?
There 10 volunteers at New Community Harmony House Corporation.
Here are 16 key members and their salaries (New Community Harmony House Corporation's CEO's salary is $0 and their total compensation is $11,759):
- Compensation: $0
- Related: $253,731
- Other: $0
- Compensation: $0
- Related: $172,242
- Other: $0
- Compensation: $0
- Related: $170,000
- Other: $0
- Compensation: $0
- Related: $143,907
- Other: $0
- Compensation: $0
- Related: $55,000
- Other: $3,720
- Compensation: $0
- Related: $11,759
- Other: $0
- Compensation: $0
- Related: $9,600
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newcommunity.org
Where can I find the form 990 for New Community Harmony House Corporation?
New Community Harmony House Corporation'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 Harmony House Corporation
New Community Harmony House Corporation is dedicated to offering transitional housing and support services to homeless individuals and families. Their mission is to assist these families in transitioning from homelessness to permanent housing and from dependency to self-sufficiency. The organization provides more than just shelter, offering stability to families who are facing seemingly insurmountable barriers and enabling them to restore their lives. Through their program, Harmony House can house up to 102 families in individual apartment units, while also offering a range of on-site social services. These services are designed to help families overcome the challenges they face and eventually achieve independence.
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Impact
October, 2024
New Community Harmony House Corporation plays a crucial role in addressing homelessness in Newark, NJ, by providing transitional housing and comprehensive support services. With the capacity to accommodate 102 families in individual apartment units, Harmony House creates a nurturing environment that fosters stability and helps families navigate the challenges they face.
By focusing on the transition from homelessness to permanent housing, the organization empowers families to regain their independence and achieve self-sufficiency. The on-site social services offered at Harmony House are vital components of this support system, enabling families to address various barriers—such as job training, financial literacy, and mental health services—that may hinder their progress.
The impact of this program extends beyond mere shelter. By offering a stable living situation, Harmony House allows families to restore their lives, rebuild their confidence, and lay the groundwork for a brighter future. Ultimately, the corporation not only alleviates the immediate crisis of homelessness but also contributes to the long-term well-being of individuals and families in the community.
This information is meant to be a general summary of New Community Harmony House 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.
- Program Service Revenue: $1,491,492
- Gross Receipts: $2,037,809
Assets and Liabilities:
- Total Assets: $6,225,662
- Total Liabilities: $5,965,879
- Net Assets: $259,783
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSITIONAL HOUSING
Revenue
$1,347,851
TENANT RENTAL INCOME
Revenue
$143,641
Organization Details
Founding Year
1990
Phone
(973) 623-2800Principal Officer
Elizabeth Mbakaya
Main Address
233 West Market Street, Newark, NJ, 07103
Website
www.newcommunity.orgNTEE Category
Code: L41 - Housing
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