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Prosperity House Inc

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

EIN: 471990844 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is Prosperity House Inc?

Prosperity House Inc, situated in New Haven, Connecticut, is a dedicated nonprofit organization that focuses on providing comprehensive support to individuals in need. Their services encompass supportive housing, fostering personal growth through life skills development, and offering peer mentoring. They also extend assistance with education and vocational training, as well as substance abuse counseling and case management. Moreover, Prosperity House aids in reentry services and encourages spiritual growth. Their mission is multifaceted, encompassing all these aspects to help individuals overcome challenges and lead more fulfilling lives.

Is Prosperity House Inc legitimate?

Prosperity House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Prosperity 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: $76,839
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Prosperity House Inc?

Prosperity House Inc is committed to supporting individuals in need by providing various services. Their mission encompasses offering supportive housing, fostering life skills development, and offering peer mentoring. Moreover, they facilitate education and vocational assistance, provide substance abuse counseling, and offer case management services. Reentry services are also part of their offerings, along with promoting spiritual formation. Their programs aim to empower individuals and help them overcome challenges, ultimately contributing to their overall well-being.

Who is the CEO of Prosperity House Inc?

Karen Tyson is the Director of Prosperity House Inc.

What is the revenue of Prosperity House Inc?

Prosperity House Inc's revenue in 2022 was $290,735.

Who are the executives of Prosperity House Inc and what are their salaries?

The average compensation at Prosperity House Inc during 2022 was $38,420. There are 2 employees and 4 volunteers at Prosperity House Inc.


Here are 2 key members and their salaries:


Karen Tyson (Director)
  • Compensation: $18,050
  • Related: $0
  • Other: $0
Anthony Little (Maintenance)
  • Compensation: $1,250
  • Related: $0
  • Other: $0
Where can I find the form 990 for Prosperity House Inc?

Prosperity House Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Prosperity House Inc

Prosperity House Inc is committed to providing supportive housing and fostering personal development for its clients. Through peer mentoring, the organization helps individuals build essential life skills, empowering them to overcome challenges. Prosperity House also offers education and vocational assistance, enabling its residents to pursue employment opportunities and improve their livelihoods. Substance abuse counseling and case management are integral parts of the organization's services, providing a safety net and guidance to those in need. Furthermore, Prosperity House aids in reentry services, supporting individuals as they rejoin society following incarceration. Spiritual formation is another key aspect of Prosperity House's mission, providing a holistic approach to personal growth and wellbeing. By offering these comprehensive services, Prosperity House Inc aims to empower and uplift its clients, helping them lead fulfilling lives.

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Impact




October, 2024

Prosperity House Inc significantly impacts the community by providing essential services that empower individuals to overcome barriers and achieve self-sufficiency. Through supportive housing, residents gain stability, which is a critical foundation for personal growth and recovery.

Life skills development programs equip participants with practical skills necessary for navigating daily life, enhancing their independence. Peer mentoring fosters a sense of belonging and support, allowing individuals to learn from others who have faced similar challenges.

Education and vocational assistance programs are tailored to help individuals pursue academic and employment opportunities, ultimately leading to economic empowerment. In addition, substance abuse counseling and comprehensive case management services ensure that participants receive the guidance needed to address their specific circumstances.

Reentry services support those transitioning back into the community, helping them to reintegrate successfully after incarceration. Lastly, the promotion of spiritual formation adds a dimension of holistic well-being, encouraging personal reflection and growth.

Overall, Prosperity House Inc plays a vital role in transforming lives in New Haven, CT, by fostering resilience, self-sufficiency, and community integration among its participants.




This information is meant to be a general summary of Prosperity 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.

Revenue
$290,735 (2022)
Expenses
$287,779 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $290,735

Assets and Liabilities:

  • Total Assets: $53,777
  • Total Liabilities: $37,675
  • Net Assets: $16,102

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Organization Details

Founding Year

2014

Principal Officer

Karen Tyson

Main Address

190 Winthrop Avenue, New Haven, CT, 06511

NTEE Category

Code: P20 - Human services

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