Overview
What is New Beginnings Recovery Homes Inc?
New Beginnings Recovery Homes Inc, based in Chicago, Illinois, is a nonprofit organization offering temporary and permanent housing solutions for homeless, marginalized individuals, and sex offenders under house arrest. Their mission encompasses providing social supportive and case management services, aiming to offer a safe and supportive environment for those in need. The organization also extends help to individuals who may have struggled with chemical dependency, and those with mental health issues. With a workforce of 19 employees, they strive to offer a range of services including emergency, shared, and permanent housing, as well as necessary resources and support to help those who have faced various challenges regain stability in their lives.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 49% (Zero-Star out of Four Star rating).
New Beginnings Recovery Homes Inc has received a low score of 49% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization does not have any independent board members, which raises questions about governance and oversight. Moreover, it has failed to provide necessary financial statements, reflecting a lack of transparency in its operations.
On the positive side, the organization shows a commendable program expense ratio of 94.10%, suggesting that a large portion of its resources is directed toward its programs. Additionally, it has implemented policies such as conflict of interest and whistleblower protections, indicating an awareness of ethical standards and governance frameworks.
However, the overall lack of transparency, indicated by missing financial documents and a high liabilities to assets ratio of 97.29%, could pose risks for stakeholders and potential donors. These limitations may hinder trust and confidence in the organization's financial health and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is New Beginnings Recovery Homes Inc legitimate?
New Beginnings Recovery Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings Recovery Homes 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: $376,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Beginnings Recovery Homes Inc?
New Beginnings Recovery Homes Inc is committed to providing temporary and permanent housing for homeless, marginalized individuals, and sex offenders under house arrest. Their mission is to offer a supportive environment, complete with social services and case management, to those who may have struggled with chemical dependency, ex-offenders, including sex offenders, and the mentally ill. Their goal is to offer emergency, shared, and permanent housing to help these individuals rebuild their lives.
Who is the CEO of New Beginnings Recovery Homes Inc?
Joseph Williams is the President of New Beginnings Recovery Homes Inc.
What is the revenue of New Beginnings Recovery Homes Inc?
New Beginnings Recovery Homes Inc's revenue in 2022 was $783,424.
Who are the executives of New Beginnings Recovery Homes Inc and what are their salaries?
The average compensation at New Beginnings Recovery Homes Inc during 2022 was $19,807. There are 19 employees and 5 volunteers at New Beginnings Recovery Homes Inc.
Here are 7 key members and their salaries:
- Compensation: $4,000
- Related: $0
- Other: $0
- Compensation: $42,612
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $23,280
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $41,752
- Related: $0
- Other: $0
- Compensation: $40,750
- Related: $0
- Other: $0
Where can I find the form 990 for New Beginnings Recovery Homes Inc?
New Beginnings Recovery Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Beginnings Recovery Homes Inc
New Beginnings Recovery Homes Inc is a non-profit organization dedicated to providing housing solutions for the homeless, marginalized, and sex offenders under house arrest. Their mission is focused on offering temporary and permanent housing to those in need, with a particular emphasis on individuals who may have struggled with chemical dependency.
The organization's primary goal is to provide a supportive environment that includes social services and case management, in addition to emergency, shared, and permanent housing. This program extends to ex-offenders who have been sex offenders or those with mental illnesses. By offering these services, New Beginnings Recovery Homes Inc aims to help individuals rebuild their lives and reintegrate into society.
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Impact
June, 2024
New Beginnings Recovery Homes Inc has made a significant impact by providing temporary and permanent housing to homeless individuals, marginalized populations, and sex offenders under house arrest in Chicago, IL. Their program offers social support, case management services, and emergency housing to males who are homeless or chemically dependent. Additionally, they cater to ex-offenders who have been sex offenders or are mentally ill. Through their mission to offer housing and support to those in need, New Beginnings Recovery Homes Inc contributes positively to the community and helps individuals rebuild their lives.
This information is meant to be a general summary of New Beginnings Recovery Homes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $783,424
- Gross Receipts: $783,424
Assets and Liabilities:
- Total Assets: $328,589
- Total Liabilities: $318,203
- Net Assets: $10,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMERGENCY HOUSING
Revenue
$783,424
Organization Details
Founding Year
1992
Phone
(407) 324-5063Principal Officer
Joseph Williams
Main Address
212 W 111TH PL, CHICAGO, IL, 60628
NTEE Category
Code: F20Z - Mental health
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