Centers For New Horizons Inc

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

EIN: 362729721 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Centers For New Horizons Inc?

Centers For New Horizons Inc is a nonprofit organization situated at 4150 S King Drive, Chicago, Illinois (60653). With a workforce of 652 dedicated individuals, the organization's mission is to strengthen families' capacities, enhance their lives, and encourage their community involvement. By providing early care and education for approximately 320 children aged 0-5, Centers For New Horizons sets the foundation for their successful future. Additionally, the organization offers job training and placement services, aiming to empower families and individuals towards self-reliance.


Official website here: www.cnh.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 66% (Two-Star out of Four Star rating)

Centers For New Horizons Inc received a Two-Star rating primarily due to its Accountability & Finance score of 66%. While the organization has an impressive structure with 100% independent board members and solid policies in place, it lacks transparency in its financial reporting. This includes a notable absence of financial statements, which contributed to its lower score in this area. However, the charity demonstrates a strong program expense ratio, indicating that a significant portion of its funding is directed towards its programs.

User feedback highlights the positive impact the organization has on individuals seeking employment and education. Clients praise the Workforce Center for providing valuable job readiness classes, financial literacy training, and assistance with job placements. The supportive environment and the willingness of the staff to help clients, including providing resources like interview clothes, have also been noted as strengths of the organization.

Despite the commendable services and a dedicated team, the overall accountability concerns reflected in the Charity Navigator rating may deter potential donors. Nonetheless, the testimonials from served clients emphasize the meaningful support and resources provided, showcasing the organization's commitment to empowering individuals to improve their employability.


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

Is Centers For New Horizons Inc legitimate?

Centers For New Horizons Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Centers For New Horizons Inc 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: $161,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,688,217

For more financial information, click here


Official website here: www.cnh.org

What is the mission statement of Centers For New Horizons Inc?

Centers For New Horizons Inc is dedicated to enhancing the self-reliance of families and individuals. By focusing on their capacities, this organization strives to improve the quality of their lives and enable them to contribute to their community's rebuilding process. The organization's most prominent activities include early care and education for children aged 0-5 and job training and placement services. Through these efforts, Centers For New Horizons Inc lays the foundation for the personal growth and success of both children and adults. Early childhood education plays a significant role in the organization's mission, empowering young children to develop essential skills and live productive lives.


Official website here: www.cnh.org

Who is the CEO of Centers For New Horizons Inc?

Lakisha Mcfadden is the Chair of Centers For New Horizons Inc. The CEO's salary of Centers For New Horizons Inc is $125,103 and their total compensation is $125,103.


Official website here: www.cnh.org

What is the revenue of Centers For New Horizons Inc?

Centers For New Horizons Inc's revenue in 2022 was $16,275,139.


Official website here: www.cnh.org

Who are the executives of Centers For New Horizons Inc and what are their salaries?

The average compensation at Centers For New Horizons Inc during 2022 was $15,108. There are 652 employees and 8 volunteers at Centers For New Horizons Inc.


Here are 10 key members and their salaries (Centers For New Horizons Inc's CEO's salary is $125,103 and their total compensation is $125,103):


Jay Readey (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wil Lewis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Fair (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamahra Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Driver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vorricia Harvey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Jackson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Ann Stewart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christa Hamilton (Ceo/Executive Director (Thru 01/31/22))
  • Compensation: $125,103
  • Related: $0
  • Other: $0
Channa Bush (Human Resources Director (Termed 04/14/22))
  • Compensation: $102,866
  • Related: $0
  • Other: $6,893


Official website here: www.cnh.org

Where can I find the form 990 for Centers For New Horizons Inc?

Centers For New Horizons Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cnh.org

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

Mission Statement of Centers For New Horizons Inc

Centers For New Horizons Inc is a mission-driven organization dedicated to enhancing the lives of families by fostering self-reliance and community participation. This nonprofit organization's primary focus is on the development of families and individuals, enabling them to improve their quality of life.

One of the significant ways Centers For New Horizons Inc fulfills its mission is through early care and education for approximately 320 children aged 0-5. By providing this essential service, the organization sets the foundation for children's future success and productivity. The early education offered at Centers For New Horizons Inc plays a crucial role in the overall development of young children, empowering them to reach their full potential.

Moreover, Centers For New Horizons Inc offers valuable job training and placement services to help individuals become self-sufficient. This holistic approach to capacity building addresses various aspects of an individual's life, ensuring a well-rounded path to self-reliance. By equipping families with the necessary skills and resources, Centers For New Horizons Inc creates opportunities for them to take an active role in the rebuilding and betterment of their communities.

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Impact




October, 2024

Centers For New Horizons Inc significantly impacts the lives of families and children in the Chicago area. By focusing on the early care and education of approximately 320 children aged 0-5, the organization fosters essential development that lays the groundwork for successful and productive futures. This early education not only enriches the lives of the young learners but also empowers their families by enhancing their overall quality of life.

In addition to child development services, Centers For New Horizons Inc provides vital job training and placement programs that equip individuals with the skills necessary for career advancement and self-reliance. This dual approach of supporting both children and adults enables families to thrive and actively participate in their communities, contributing to a cycle of positive change.

Through its comprehensive support systems, the organization plays a crucial role in rebuilding communities, helping families achieve economic independence while raising the next generation of engaged and capable citizens. The holistic focus on family capacity building ensures that the impact is lasting, fostering resilience and community involvement for future generations.




This information is meant to be a general summary of Centers For New Horizons Inc. 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
$16,275,139 (2022)
Expenses
$17,013,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $720
  • Program Service Revenue: $25,363
  • Gross Receipts: $16,275,139

Assets and Liabilities:

  • Total Assets: $7,305,979
  • Total Liabilities: $6,672,106
  • Net Assets: $633,873

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Programs

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

Program service fees

Revenue

$25,363

Organization Details

Founding Year

1972

Principal Officer

Lakisha Mcfadden

Main Address

4150 S King Drive, Chicago, IL, 60653

NTEE Category

Code: P33 - Human services

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