Overview
What is Nu-Way House Inc?
Nu-Way House Inc is a prominent nonprofit organization based in Minnesota. Its primary mission is to provide temporary shelter and extended healthcare services for homeless individuals struggling with alcoholism and addiction. This includes operating outpatient counseling centers to offer support and treatment. The organization aims to help these individuals regain control of their lives and find peace in sobriety.
Official website here: www.nuway.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 72%, Two-Star out of Four Star rating.
Nu-Way House Inc has received a 72% rating from Charity Navigator, which reflects a focus on accountability and finance. The organization scored well in several areas, such as having no material diversion of assets and maintaining a conflict of interest policy, contributing positively to its accountability standards. However, the complete lack of independent board members raises concerns about governance and oversight, which is a significant factor in the overall assessment.
While the charity has a solid fiscal responsibility, with a liabilities to assets ratio of 35.76%, it falls short in its program expense ratio, which stands at 62.44%. This indicates that while a majority of its expenses are directed toward programs, there is room for improvement in how efficiently funds are being utilized. The absence of independent oversight may impact its ability to fully optimize its financial resources for greater programmatic impact.
Overall, while Nu-Way House Inc demonstrates some strong accountability practices, the lack of independent board members and moderate performance in financial efficiency highlight areas for potential growth. Stakeholders may want to consider these factors when evaluating the organization's effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Nu-Way House Inc legitimate?
Nu-Way House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nu-Way House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,584,401
For more financial information, click here
Official website here: www.nuway.org
What is the mission statement of Nu-Way House Inc?
Nu-Way House Inc is a leading nonprofit organization dedicated to providing temporary shelters for homeless individuals struggling with alcoholism and addiction. With a sincere commitment to helping these individuals, the organization offers an extended healthcare program aimed at arresting their disease and guiding them towards sobriety. In addition to temporary housing, Nu-Way House Inc operates outpatient counseling centers to provide essential support and resources. The ultimate goal is to enable individuals to return to a productive life and find contentment in their newfound sobriety.
Official website here: www.nuway.org
Who is the CEO of Nu-Way House Inc?
Kenneth Roberts is the Principal Officer of Nu-Way House Inc.
Official website here: www.nuway.org
What is the revenue of Nu-Way House Inc?
Nu-Way House Inc's revenue in 2022 was $45,499,488.
Official website here: www.nuway.org
Who are the executives of Nu-Way House Inc and what are their salaries?
The average compensation at Nu-Way House Inc during 2022 was $31,690. There are 334 employees and 10 volunteers at Nu-Way House Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $379,270
- Other: $129,188
- Compensation: $0
- Related: $319,099
- Other: $101,602
- Compensation: $0
- Related: $311,120
- Other: $106,528
- Compensation: $0
- Related: $243,660
- Other: $83,373
- Compensation: $138,936
- Related: $0
- Other: $10,023
- Compensation: $136,365
- Related: $0
- Other: $14,287
- Compensation: $133,100
- Related: $0
- Other: $11,096
- Compensation: $131,219
- Related: $0
- Other: $12,806
- Compensation: $108,736
- Related: $0
- Other: $2,677
Official website here: www.nuway.org
Where can I find the form 990 for Nu-Way House Inc?
Nu-Way House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nuway.org
Learn more at the official website: www.nuway.org
Mission Statement of Nu-Way House Inc
Nu-Way House Inc, a prominent nonprofit organization, is dedicated to providing a temporary home for homeless individuals struggling with alcoholism and addiction. With a sincere desire to arrest their diseases and return to a useful life, the residents of Nu-Way House aim for contentment in sobriety.
As Minnesota's largest nonprofit provider of extended healthcare for addiction, Nu-Way House takes a compassionate approach to help those in need. The organization operates outpatient counseling centers, providing essential support for individuals seeking recovery. Moreover, Nu-Way House offers temporary homes for homeless alcoholics and addicts, offering them a safe and nurturing environment during their journey towards sobriety.
Nu-Way House's mission is to be a beacon of hope for those battling alcoholism and addiction. By offering temporary homes and outpatient counseling, the organization addresses the complex needs of those struggling with substance abuse. Through a combination of support, guidance, and care, Nu-Way House strives to empower its residents to regain control of their lives and rebuild their futures.
In the midst of their struggles, the residents of Nu-Way House are met with understanding, patience, and compassion. The organization's committed team of professionals works tirelessly to help individuals overcome their addictions and develop the skills necessary to live a sober and productive life. By focusing on the unique needs of each resident, Nu-Way House fosters an atmosphere of healing, growth, and hope.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nu-Way House Inc plays a crucial role in addressing the needs of homeless individuals struggling with alcoholism and addiction in Minnesota. By providing temporary housing and a structured support system, it offers a safe haven for those who are committed to overcoming their substance use disorders. This organization facilitates the transition to a more stable life by focusing on recovery and rehabilitation, ultimately enabling individuals to return to a productive and fulfilling existence.
As Minnesota's largest provider of extended healthcare for addiction, Nu-Way House Inc not only operates outpatient counseling centers but also addresses the immediate need for shelter among vulnerable populations. The organization's comprehensive approach helps reduce homelessness and the associated social challenges, fostering a sense of community and support. By promoting sobriety and mental health, Nu-Way House Inc contributes significantly to the overall well-being of individuals and the community at large.
This information is meant to be a general summary of Nu-Way House 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.
- Investment Income: $109,625
- Program Service Revenue: $45,248,854
- Gross Receipts: $45,499,488
Assets and Liabilities:
- Total Assets: $45,441,909
- Total Liabilities: $16,251,321
- Net Assets: $29,190,588
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHEMICAL DEPENDENCY CO
Revenue
$45,248,854
Organization Details
Founding Year
1966
Phone
(612) 767-0309Principal Officer
Kenneth Roberts
Main Address
2217 NICOLLET AVENUE SOUTH, MINNEAPOLIS, MN, 55404
Website
www.nuway.orgNTEE Category
Code: F20 - Mental health
If you are a representative of Nu-Way House Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.