Overview
What is New Life House?
New Life House is a non-profit organization dedicated to providing a supportive living environment for approximately 50 individuals who have struggled with addiction or personal issues. Located within their facilities, they offer half-way housing as part of their mission to aid these individuals in their recovery journey. Their primary goal is to provide guidance and support groups, fostering their transition towards becoming positive contributors to society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
New Life House has received an overall score of 84%, indicating a solid performance in terms of accountability and finance, which is the only category considered for this rating. The organization demonstrates a high level of financial responsibility, with a program expense ratio of 100%, meaning that all expenses are directed towards its programs. This is a positive indicator of its commitment to its mission and effective use of resources.
The organization also excels in governance, with all board members being independent, which enhances transparency and decision-making integrity. It has established policies for conflict of interest, whistleblower protections, and document retention, all of which contribute to strong organizational practices. Additionally, there are no reported issues regarding the diversion of assets, further solidifying its accountability.
While the overall rating is commendable, it is important to note that the score is solely based on financial metrics. This may limit a more comprehensive understanding of the organization's impact and effectiveness in fulfilling its mission, as qualitative aspects of its work are not reflected in the rating alone.
This AI summary has been generated from information found on Charity Navigator.
Is New Life House legitimate?
New Life House is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Life House 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: $0
For more financial information, click here
What is the mission statement of New Life House?
New Life House is dedicated to offering housing for former addicts, acting as a halfway house for approximately fifty individuals who have battled addiction or personal issues. The organization's mission is to provide them with support groups and guidance, ultimately helping them transform into valuable contributors to society.
Who is the CEO of New Life House?
Ricky Underwood is the President of New Life House.
What is the revenue of New Life House?
New Life House's revenue in 2022 was $33,509.
Who are the executives of New Life House and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Life House?
New Life House's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Life House
New Life House, a non-profit organization, is dedicated to offering housing and support to individuals who have previously struggled with addiction or personal issues. By serving as a halfway house, it accommodates close to 50 individuals, providing them with a safe environment to rebuild their lives. The mission of New Life House is centered around offering guidance and support groups, fostering the transformation of these individuals into positive contributors to society. The organization's primary goal is to help these individuals overcome their challenges and reintegrate into society as productive and responsible members.
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Impact
June, 2024
New Life House has a significant impact on the lives of close to 50 individuals in Charlotte, NC, who have struggled with addiction or other personal issues. By offering housing and support groups, it guides these former addicts towards becoming positive members of society. This results in transformed lives, improved mental health, and a chance for a fresh start for individuals who have battled with addiction.
This information is meant to be a general summary of New Life House. 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: $33,509
- Gross Receipts: $33,509
Assets and Liabilities:
- Total Assets: $7,869
- Total Liabilities: $0
- Net Assets: $7,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM RENTAL FOR FORMER
Revenue
$33,509
Organization Details
Founding Year
2004
Principal Officer
Ricky Underwood
Main Address
3601 SIPES LN, CHARLOTTE, NC, 28269
NTEE Category
Code: F33 - Mental health
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