Overview
What is New Life Enterprises Corp?
New Life Enterprises Corp is a nonprofit organization located in Richmond, Virginia. It operates with a mission to contribute to charitable and educational causes, primarily supporting the objectives of New Life for Youth, Inc. One of their key initiatives involves providing training opportunities in retail businesses to students enrolled in New Life for Youth, Inc.'s re-entry program. The organization, with a staff of eight individuals, aims to uplift and empower these individuals, contributing to their successful re-entry into society.
Is New Life Enterprises Corp legitimate?
New Life Enterprises Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life Enterprises Corp 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: $39,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,150
For more financial information, click here
What is the mission statement of New Life Enterprises Corp?
New Life Enterprises Corp operates with charitable and educational objectives, primarily aiming to support and further the goals of New Life for Youth, Inc. The organization conducts or backs activities designed to achieve these objectives. One of its key initiatives involves providing retail business training to students enrolled in New Life for Youth, Inc.'s re-entry program. By doing so, New Life Enterprises Corp contributes to the broader mission of empowering and supporting young individuals.
Who is the CEO of New Life Enterprises Corp?
Rosalinda Rivera is the President of New Life Enterprises Corp.
What is the revenue of New Life Enterprises Corp?
New Life Enterprises Corp's revenue in 2021 was $582,982.
Who are the executives of New Life Enterprises Corp and what are their salaries?
The average compensation at New Life Enterprises Corp during 2021 was $15,238. There are 8 employees at New Life Enterprises Corp.
Here are 2 key members and their salaries:
- Compensation: $39,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Life Enterprises Corp?
New Life Enterprises Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of New Life Enterprises Corp
New Life Enterprises Corp, a nonprofit organization, is committed to serving a charitable and educational purpose. Their mission is to support and further the objectives of New Life for Youth, Inc. by engaging in or sponsoring activities that benefit this organization. Specifically, New Life Enterprises Corp provides practical training in retail businesses for students enrolled in the re-entry program of New Life for Youth, Inc. This training is a crucial part of their mission to help these individuals reintegrate into society and lead productive lives. The organization's work is centered around the belief that providing vocational skills and opportunities can significantly contribute to the overall well-being and success of its students.
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
New Life Enterprises Corp plays a crucial role in supporting at-risk youth through its training programs, particularly in the retail sector. By focusing on the development of practical skills, the organization facilitates the re-entry of students into the workforce, helping them build a foundation for future employment. This initiative not only enhances the participants' job readiness but also contributes to their personal growth and social reintegration.
Located in Richmond, Virginia, New Life Enterprises Corp directly uplifts the community by empowering youth with the tools and knowledge they need to succeed. The emphasis on educational and vocational training within a supportive environment fosters resilience and hope, enabling participants to envision a brighter future and break cycles of adversity. Through its commitment to charitable and educational purposes, the organization not only provides immediate assistance but also invests in the long-term development of individuals and the community as a whole.
This information is meant to be a general summary of New Life Enterprises Corp. 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 2021.
- Investment Income: $9
- Program Service Revenue: $7,886
- Gross Receipts: $583,244
Assets and Liabilities:
- Total Assets: $73,838
- Total Liabilities: $192,638
- Net Assets: -$118,800
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.
Beltman Group Revenue
Car Wash_Exempt Function
Revenue
$7,886
Paint Services
Services
Snow Removal
Organization Details
Founding Year
2002
Phone
(804) 276-6059Principal Officer
Rosalinda Rivera
Main Address
PO Box 13526, Richmond, VA, 23225
NTEE Category
Code: J22 - Employment
If you are a representative of New Life Enterprises Corp 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.