Overview
What is New Century Center?
New Century Center is a nonprofit organization established as a public benefit corporation, situated in Concord, California. Their primary mission is to provide affordable housing, catering to the needs of homeless individuals, low-income families, and people living with HIV. The organization operates a 12-unit complex, covering expenses such as maintenance and program needs. Their commitment extends to offering a secure living space for those in need, contributing positively to the local community.
Official website here: www.shelterinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating. The New Century Center has received a solid score of 82%, indicating a fair level of accountability and financial management. This rating is based solely on the Accountability & Finance beacon, which reflects the organization's commitment to transparency and effective governance.
The organization stands out with a fully independent board, consisting of 10 members, and has demonstrated excellent practices in areas such as conflict of interest and whistleblower policies. Additionally, New Century Center maintains a high program expense ratio of 96.30%, indicating that a significant portion of its funds is allocated to its programs rather than administrative costs.
While the rating suggests effective management, it is essential to note that it is derived from a single beacon score. There may be opportunities for improvement or additional areas of impact not captured in this evaluation, but the strong performance in accountability metrics indicates a commitment to responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Century Center?
78% of 28 reviewers on Facebook recommend New Century Center. Here is a summary of their reviews: Many supporters highlight the significant impact the organization has on low-income and homeless families in Contra Costa County.
Reviewers commend the vital services provided by the nonprofit, recognizing its role in addressing pressing community issues. The work being done is seen as essential and meaningful, demonstrating a commitment to improving the lives of vulnerable populations.
Overall, the sentiment leans positively, with supporters expressing appreciation for the dedication and effectiveness of the services offered, even as there are some areas for potential growth.
This AI summary has been generated from reviews found on Facebook.
Is New Century Center legitimate?
New Century Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Century Center 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: $0
For more financial information, click here
Official website here: www.shelterinc.org
What is the mission statement of New Century Center?
The New Century Center is established as a nonprofit entity, dedicating its efforts to developing and managing an affordable housing complex. This complex, accommodating 12 units, is designed to provide shelter for individuals and families experiencing homelessness, as well as those with low incomes and those living with HIV. The organization's primary objective is to offer affordable housing solutions, thereby contributing to the well-being of these vulnerable groups. Throughout the year, the center ensures that its low-income tenants have access to affordable housing, overseeing the necessary maintenance and program requirements for the complex.
Official website here: www.shelterinc.org
Who is the CEO of New Century Center?
John Eckstrom is the CEO of New Century Center The CEO's salary of New Century Center is $0 and their total compensation is $316,857.
Official website here: www.shelterinc.org
What is the revenue of New Century Center?
New Century Center's revenue in 2024 was $122,407.
Official website here: www.shelterinc.org
Who are the executives of New Century Center and what are their salaries?
There 4 volunteers at New Century Center.
Here are 5 key members and their salaries (New Century Center's CEO's salary is $0 and their total compensation is $316,857):
- Compensation: $0
- Related: $293,396
- Other: $23,461
- 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.shelterinc.org
Where can I find the form 990 for New Century Center?
New Century Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.shelterinc.org
Learn more at the official website: www.shelterinc.org
Mission Statement of New Century Center
New Century Center, established as a nonprofit public benefit corporation, is dedicated to addressing the housing needs of underprivileged individuals and families, including those who are homeless and living with HIV. Its primary mission is to develop and operate a 12-unit affordable housing complex, providing a safe and affordable living space for these individuals and families. The organization's efforts extend beyond just providing housing, as it also covers the necessary maintenance and program needs for the complex to ensure the well-being of its tenants.
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Impact
October, 2024
New Century Center significantly impacts the Concord, California community by providing a vital resource in the form of affordable housing. The organization operates a 12-unit complex that offers low-cost housing options specifically designed for homeless individuals, low-income families, and those living with HIV. By fulfilling this critical need, New Century Center helps improve the quality of life for its residents, enabling them to secure stable housing and fostering a sense of community.
Throughout the year, New Century Center successfully maintains its facilities, ensuring that tenants have access to safe and supportive living conditions. The affordable housing provided allows individuals and families to focus on regaining their independence and addressing other challenges in their lives, such as employment and health issues. This holistic approach not only benefits those directly housed but also contributes to the overall well-being of the community by reducing homelessness, promoting public health, and enhancing social stability in Concord.
This information is meant to be a general summary of New Century Center. 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 2024.
- Investment Income: $528
- Program Service Revenue: $121,879
- Gross Receipts: $122,407
Assets and Liabilities:
- Total Assets: $465,178
- Total Liabilities: $1,037,363
- Net Assets: -$572,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$121,879
Organization Details
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