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New Life Furniture

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

EIN: 262703774 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is New Life Furniture?

New Life Furniture is a nonprofit organization situated in Cincinnati, Ohio, specifically at 11335 Reed Hartman Highway 134, 45241. Their primary mission is to distribute lightly used furniture to individuals and families in need across the Greater Cincinnati area. This initiative aims to provide essential household items to people who are overcoming challenging circumstances such as homelessness, domestic abuse, extreme poverty, or other hardships. By collaborating with a network of social service agencies, New Life Furniture ensures that the furniture reaches those who are unable to acquire it due to financial or physical constraints. The organization operates with a dedicated workforce of 47 employees.


Official website here: www.nlfurniture.org

Is New Life Furniture legitimate?

New Life Furniture is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Furniture 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.

Here are some key statistics you may want to consider:

Executive Compensation: $100,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $836,441

For more financial information, click here


Official website here: www.nlfurniture.org

What is the mission statement of New Life Furniture?

New Life Furniture's mission is centered around providing gently used furniture to individuals who are in need. This organization serves those who are overcoming challenging circumstances, such as homelessness, domestic abuse, extreme poverty, and other hardships. These individuals often lack the ability to secure furniture and household items for their homes when starting anew. New Life Furniture achieves its mission by collaborating with a network of social service agencies that offer direct supportive services. These agencies help to distribute the donated furniture to those in need, thereby providing a much-needed resource for these vulnerable individuals.


Official website here: www.nlfurniture.org

Who is the CEO of New Life Furniture?

Dana Saxton is the President of New Life Furniture.


Official website here: www.nlfurniture.org

What is the revenue of New Life Furniture?

New Life Furniture's revenue in 2022 was $2,092,535.


Official website here: www.nlfurniture.org

Who are the executives of New Life Furniture and what are their salaries?

The average compensation at New Life Furniture during 2022 was $19,929. There are 47 employees and 703 volunteers at New Life Furniture.

Here are 13 key members and their salaries:

    Dana Saxton (Executive Director)
  • Compensation: $100,234
  • Related: $0
  • Other: $7,516

    • Don Lane (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marge Putman (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Menichetti (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Elia (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juwana Hall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Krehbiel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Lafferty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Prebles (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tricia Reynolds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonita Campbell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Elliot (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kroger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nlfurniture.org

    Where can I find the form 990 for New Life Furniture?

    The New Life Furniture’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nlfurniture.org

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

    Mission Statement of New Life Furniture

    New Life Furniture, a nonprofit organization, is committed to providing gently used furniture to individuals in need. This mission is carried out through a network of social service agencies that offer direct supportive services to those overcoming challenging circumstances such as homelessness, domestic abuse, extreme poverty, and other devastating situations. These individuals often find themselves unable to physically and financially secure furniture and household items when starting over. New Life Furniture's mission, therefore, serves as a vital source of assistance, helping these individuals create a more comfortable and livable home environment.

    Impact

    This information is meant to be a general summary of New Life Furniture. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Life Furniture's impact lies in its ability to provide essential support to individuals and families in need throughout the Greater Cincinnati area. By collecting and distributing gently used furniture, New Life Furniture helps those overcoming homelessness, domestic abuse, extreme poverty, and other devastating circumstances to rebuild their lives and establish comfortable homes. Through its network of social service agencies, New Life Furniture ensures that individuals who are unable to secure furniture on their own are equipped with the necessary household items to start anew. In doing so, New Life Furniture plays a crucial role in supporting the most vulnerable members of the community and offering them a sense of stability and hope for the future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $121
  • Program Service Revenue: $1,269,120
  • Gross Receipts: $2,157,732

    • Assets and Liabilities:
  • Total Assets: $3,257,278
  • Total Liabilities: $2,476,529
  • Net Assets: $780,749
  • Programs

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

    DELIVERY FEES

    Revenue

    $653,048

    THRIFT STORE SALE

    Revenue

    $450,572

    FURNITURE SALES

    Revenue

    $134,550

    AGENCY FEES

    Revenue

    $30,950

    Organization Details

    Founding Year

    2008

    Principal Officer

    Dana Saxton

    Main Address

    11335 REED HARTMAN HWY 134, CINCINNATI, OH, 45241

    NTEE Category

    Code: P40 - Human services

    If you are a representative of New Life Furniture 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.