Overview
What is Good News Partners?
Good News Partners is a nonprofit organization dedicated to addressing housing needs for low-income individuals and families. They manage a diverse range of accommodations, including a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all situated to cater to this demographic. Their mission is centered around providing housing solutions, aiming to improve living conditions and offer support for those in need.
Official website here: www.goodnewspartners.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, Two-Star out of Four Star rating
Good News Partners has received a 74% rating from Charity Navigator, indicating a moderate level of financial health and accountability. The organization demonstrates solid practices with a high program expense ratio of 83.60%, suggesting that a significant portion of its funding goes directly to its programs. Additionally, the organization shows a strong commitment to governance with 100% independent board members and various policies in place to promote accountability.
User reviews present a mixed picture. Many volunteers and donors commend the organization for its compassionate approach and life-changing work within the homeless community. Positive feedback highlights the dedication of staff and the effective programs supporting residents as they transition from homelessness to self-sufficiency. However, there are notable criticisms regarding inconsistent staff behavior and safety issues reported by residents, which raise concerns about the quality of support provided.
While Good News Partners has demonstrated strengths in community engagement and support, user feedback indicates areas for improvement in staff training and resident safety. Balancing these perspectives is crucial for the organization's future success and its mission to provide dignified support to those in need.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Good News Partners?
64% of reviewers on Facebook recommend Good News Partners. Here is a summary of their reviews:
Several individuals express a deep fondness for Good News Partners, with one commenter reminiscing about their past experience living there over 13 years ago. This sense of nostalgia indicates that some users formed positive connections with the organization and appreciate the support it provides.
However, the recommendation rate suggests that not all users feel as positively, indicating some room for improvement. While the sentiments shared highlight some valuable experiences, the overall sentiment leans toward a mixed reception, with a notable portion of users remaining neutral or less favorable in their assessment.
This AI summary has been generated from reviews found on Facebook.
Is Good News Partners legitimate?
Good News Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Partners 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: $80,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $623,555
For more financial information, click here
Official website here: www.goodnewspartners.org
What is the mission statement of Good News Partners?
Good News Partners, as an organization, is dedicated to providing housing solutions for low-income individuals and families. They operate various facilities, including a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all aimed at catering to the housing needs of this demographic. The mission of Good News Partners is to contribute positively to the lives of these individuals, providing them with a safe and stable living environment.
Official website here: www.goodnewspartners.org
Who is the CEO of Good News Partners?
Kenneth Johnson is the Board Chair of Good News Partners.
Official website here: www.goodnewspartners.org
What is the revenue of Good News Partners?
Good News Partners's revenue in 2022 was $1,721,237.
Official website here: www.goodnewspartners.org
Who are the executives of Good News Partners and what are their salaries?
The average compensation at Good News Partners during 2022 was $24,261. There are 29 employees and 205 volunteers at Good News Partners.
Here are 6 key members and their salaries:
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- Compensation: $80,000
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- Other: $0
Official website here: www.goodnewspartners.org
Where can I find the form 990 for Good News Partners?
Good News Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodnewspartners.org
Learn more at the official website: www.goodnewspartners.org
Mission Statement of Good News Partners
Good News Partners, a nonprofit organization, is committed to providing housing solutions for low-income individuals and families. Through its operations, it manages a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, all of which cater to the housing needs of economically disadvantaged individuals and families. The organization's mission is to offer a safe and secure living environment, providing essential resources and support to help these individuals and families in their daily lives. Good News Partners' initiatives aim to foster a sense of community and stability, enabling its residents to focus on their personal growth and opportunities for a better future.
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Impact
October, 2024
Good News Partners significantly impacts the lives of low-income individuals and families in Chicago by providing essential housing resources. With a diverse portfolio that includes a 64-unit hotel, a co-op building, three apartment buildings, and a women's shelter, the organization addresses critical housing needs within the community. By offering safe and stable living environments, it empowers residents to build stronger foundations for their futures, fostering a sense of security and dignity. These housing solutions not only help alleviate the immediate pressures of homelessness and housing insecurity but also contribute to the broader goal of community revitalization and support for vulnerable populations in the city.
This information is meant to be a general summary of Good News Partners. 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 2022.
- Program Service Revenue: $790,387
- Gross Receipts: $1,721,237
Assets and Liabilities:
- Total Assets: $4,834,922
- Total Liabilities: $3,781,193
- Net Assets: $1,053,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$790,387
Organization Details
Founding Year
1980
Phone
(773) 764-4998Principal Officer
Kenneth Johnson
Main Address
1600 W JONQUIL TERRACE, CHICAGO, IL, 60626
Website
www.goodnewspartners.orgNTEE Category
Code: L200 - Housing
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