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New Life Furniture

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

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

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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

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89% (Three-Star out of Four Stars)

New Life Furniture has earned an 89% rating from Charity Navigator, indicating strong performance in accountability and finance, with a score of 85%. The organization demonstrates excellent governance, evidenced by a fully independent board and transparent operational policies. However, areas such as leadership and community culture show room for improvement, as they received lower scores in those categories.

User feedback highlights the organization's significant positive impact on the community, particularly for families overcoming homelessness. Many reviews praise the compassionate service provided by staff and volunteers, who not only deliver furniture but also help create a sense of home for clients. The affordability of their services is noted, with clients expressing gratitude for receiving essential items at a low cost.

Despite the strong community support and effective service delivery, some feedback suggests a need for ongoing growth and adaptation in leadership strategies. Overall, New Life Furniture stands out as a valuable resource in the Cincinnati area, helping to transform lives through the provision of furnished homes and contributing to the dignity and stability of those in need.


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

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.


Heare 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:


Don Lane (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marge Putman (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Menichetti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Elia (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juwana Hall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Krehbiel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Lafferty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Prebles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tricia Reynolds (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonita Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Elliot (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kroger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Saxton (Executive Director)
  • Compensation: $100,234
  • Related: $0
  • Other: $7,516


Official website here: www.nlfurniture.org

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

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.

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Impact




October, 2024

New Life Furniture has a significant impact on the Greater Cincinnati area by addressing the urgent need for furniture among individuals and families facing challenging circumstances. By collecting and distributing gently used furniture, the organization plays a crucial role in helping those overcoming homelessness, domestic abuse, and extreme poverty.

Through partnerships with various social service agencies, New Life Furniture ensures that essential household items reach those who may not have the means to procure them on their own. This support not only helps recipients create a more stable and dignified living environment but also contributes to their overall well-being and ability to rebuild their lives. By providing these vital resources, New Life Furniture fosters a sense of community, hope, and resilience among those in need.




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.


Financials

This financial information is from Propublica.

Revenue
$2,092,535 (2022)
Expenses
$2,047,703 (2022)
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

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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

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