Overview
What is Newbridge Place?
Newbridge Place is a compassionate nonprofit organization established in 2006, located in Lodi, Ohio. The organization specializes in providing 24-hour care and long-term housing for individuals and veterans struggling with chronic mental illnesses, such as schizophrenia, bipolar disorders, major affective disorders, and PTSD. Many of the individuals served at Newbridge Place also have co-occurring drug and alcohol dependence and physical limitations. Due to its unique staffing, training, and dedication to this population, Newbridge Place has proven successful in helping residents who have struggled in other facilities to maintain more independent living. In the fiscal year 2021, 32 individuals received support from Newbridge Place. The organization is home to 19 dedicated employees.
Official website here: www.newbridgeplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating. This rating reflects a mixed performance in terms of accountability and finance for Newbridge Place. While the organization has a commendable program expense ratio of 91.55%, indicating a strong focus on its mission-related activities, its overall rating suggests that there are areas in need of improvement.
One of the strengths of Newbridge Place is its fully independent board, with 100% of its members being independent. The organization also scored well on financial audits and has no material diversion of assets, which enhances its credibility. However, the absence of a whistleblower policy and a document retention and destruction policy raises concerns about transparency and governance practices.
The liabilities to assets ratio of 68.44% indicates that the organization may face challenges managing its debts relative to its assets. While its financial health shows some strengths, these limitations in governance and potential financial issues should be noted by potential donors and stakeholders when considering support for Newbridge Place.
This AI summary has been generated from information found on Charity Navigator.
Is Newbridge Place legitimate?
Newbridge Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newbridge Place 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: $72,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,729
For more financial information, click here
Official website here: www.newbridgeplace.org
What is the mission statement of Newbridge Place?
Newbridge Place, established in 2006, is a non-profit organization dedicated to providing 24-hour care and long-term housing for individuals and veterans struggling with chronic mental illnesses. The organization's mission is to support those whose independent functioning has been impaired due to conditions such as paranoid schizophrenia, bipolar disorders, major affective disorders, and PTSD. Many of the individuals served at Newbridge Place also have co-occurring issues, including substance abuse and physical limitations. The unique 24-hour staffing, training, and commitment to this population enable many residents who have struggled at other facilities to achieve more independent living at Newbridge Place. During the fiscal year 2021, the organization served 32 residents.
Official website here: www.newbridgeplace.org
What is the revenue of Newbridge Place?
Newbridge Place's revenue in 2024 was $773,482.
Official website here: www.newbridgeplace.org
Who are the executives of Newbridge Place and what are their salaries?
The average compensation at Newbridge Place during 2024 was $20,029. There are 22 employees at Newbridge Place.
Here are 9 key members and their salaries:
- Compensation: $72,905
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newbridgeplace.org
Where can I find the form 990 for Newbridge Place?
Newbridge Place's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.newbridgeplace.org
Learn more at the official website: www.newbridgeplace.org
Mission Statement of Newbridge Place
Newbridge Place, established in 2006, is a non-profit organization that provides 24-hour care and long-term housing for individuals and Veterans living with chronic mental illness. These individuals often struggle with conditions such as paranoid schizophrenia, bipolar disorders, major affective disorders, and PTSD. Many residents also have co-occurring challenges, including drug and alcohol dependence and physical limitations. The unique 24-hour staffing, extensive training, and dedicated approach at Newbridge Place have proven successful in helping residents who have previously struggled to maintain independent living at other facilities. During the fiscal year 2021, 32 residents were served by this dedicated organization.
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
July, 2024
Newbridge Place has a significant impact on the lives of individuals living with chronic mental illness, particularly those with severe and persistent conditions such as paranoid schizophrenia, bipolar disorders, major affective disorders, and PTSD. The organization provides 24-hour care and long-term housing for residents, many of whom are also dealing with drug and alcohol dependence and physical limitations. Through its dedicated staff, specialized training, and commitment to this population, Newbridge Place has been able to help residents succeed in maintaining more independent living, even after experiencing failures at other facilities. In the fiscal year 2021, Newbridge Place served 32 residents, highlighting the tangible and positive impact it has on the lives of those it serves.
This information is meant to be a general summary of Newbridge Place. 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 2024.
- Investment Income: $20,604
- Program Service Revenue: $648,657
- Gross Receipts: $773,482
Assets and Liabilities:
- Total Assets: $957,684
- Total Liabilities: $655,515
- Net Assets: $302,169
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.
Program Service Fee
Revenue
$648,657
Organization Details
Founding Year
2006
Principal Officer
Erzsebet Mikita
Website
www.newbridgeplace.orgNTEE Category
Code: L20 - Housing
If you are a representative of Newbridge Place 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.