nonprofit logo

New Way Group Home

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

EIN: 261183704 ✦ Ventura, CA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is New Way Group Home?

New Way Group Home is a nonprofit organization situated in Ventura, California, specifically at 2446 Woodpecker Avenue. The primary focus of this organization is providing residential care and treatment to children who have been emotionally and physically neglected. With a dedicated workforce of 42 individuals, New Way Group Home offers a supportive environment aimed at addressing the unique needs of these children, thereby promoting their overall well-being and development.

Is New Way Group Home legitimate?

New Way Group Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Way Group Home 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: $253,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $754,729

For more financial information, click here

What is the mission statement of New Way Group Home?

The New Way Group Home is dedicated to providing residential care and treatment for emotionally and physically neglected children. Their mission is centered around offering a sanctuary for these children, focusing on their emotional and physical well-being. By providing a supportive environment, they aim to help these children recover and thrive, ultimately promoting their overall development. Their activities are geared towards restoring the children's self-esteem and equipping them with the necessary skills for a better future. The organization's goal is to offer a safe haven where these children can heal and grow, ensuring their well-being and future prospects.

Who is the CEO of New Way Group Home?

Thinh Pham is the Cfo/Administrator of New Way Group Home. The CEO's salary of New Way Group Home is $120,000 and their total compensation is $120,000.

What is the revenue of New Way Group Home?

New Way Group Home's revenue in 2022 was $1,807,263.

Who are the executives of New Way Group Home and what are their salaries?

The average compensation at New Way Group Home during 2022 was $24,013. There are 42 employees at New Way Group Home.


Here are 5 key members and their salaries (New Way Group Home's CEO's salary is $120,000 and their total compensation is $120,000):


Alex Mendoza (Cfo/Administrator)
  • Compensation: $133,810
  • Related: $0
  • Other: $0
Thinh Pham (Ceo)
  • Compensation: $120,000
  • Related: $0
  • Other: $0
Kyung Kim (Board Member/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Urena (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hung Tang (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Way Group Home?

New Way Group Home's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Way Group Home

New Way Group Home is dedicated to providing residential care and treatment for emotionally and physically neglected children. This nonprofit organization focuses on creating a safe and nurturing environment for these children, aiming to help them overcome their challenges and heal. By offering residential care, New Way Group Home provides a stable living situation for these children, allowing them to develop essential life skills and build positive relationships. The treatment aspect of their mission ensures that the children receive the necessary psychological and emotional support to cope with their past experiences and move forward in a healthier manner. Overall, New Way Group Home's mission is to provide a comprehensive solution for emotionally and physically neglected children, helping them heal and thrive.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

New Way Group Home plays a crucial role in providing residential care and treatment for emotionally and physically neglected children in Ventura, California. By offering a safe and supportive environment, the organization addresses the immediate needs of these vulnerable children, helping them recover from trauma and build resilience.

Through tailored therapeutic interventions and a nurturing atmosphere, New Way Group Home fosters emotional healing and personal development. The structure and stability provided allows children to regain a sense of normalcy, encouraging them to engage in educational opportunities and social interactions that promote overall well-being.

The impact extends beyond individual cases; by nurturing neglected children, New Way Group Home contributes to healthier communities. The skills and support offered not only help children transform their own lives but also encourage positive relationships and thriving futures. This holistic approach has the potential to break cycles of neglect and build brighter prospects for generations to come.




This information is meant to be a general summary of New Way Group Home. 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
$1,807,263 (2022)
Expenses
$1,872,967 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42
  • Gross Receipts: $1,807,263

Assets and Liabilities:

  • Total Assets: $841,305
  • Total Liabilities: $125,906
  • Net Assets: $715,399

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2007

Principal Officer

Thinh Pham

Main Address

2446 WOODPECKER AVE, VENTURA, CA, 930037138

NTEE Category

Code: L21 - Housing

If you are a representative of New Way Group Home and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.