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New River Cottage Inc

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

EIN: 561423823 ✦ Sparta, NC ✦ Designated as a 501(c)(3)

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Overview

What is New River Cottage Inc?

New River Cottage Inc, located in Sparta, North Carolina, is a nonprofit organization dedicated to providing housing and support for individuals with mental retardation. Their mission is to create a safe and independent living environment for these individuals, enabling them to live with autonomy. With a team of 19 employees, the organization works tirelessly to offer housing solutions that promote self-sufficiency and independence for those in need. They strive to improve the quality of life for their beneficiaries and contribute positively to their communities.

Is New River Cottage Inc legitimate?

New River Cottage Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New River Cottage 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: $396,052

For more financial information, click here

What is the mission statement of New River Cottage Inc?

New River Cottage Inc's mission is centered around providing a safe and independent living environment for individuals with mental retardation. The organization's primary activity is to offer housing solutions, enabling these individuals to live independently. Their mission is multifaceted, aiming to enhance the quality of life for these individuals by ensuring they have a supportive environment that fosters independence. The focus is on empowering these individuals, enabling them to lead fulfilling lives with a sense of self-reliance.

Who is the CEO of New River Cottage Inc?

Ken Richardson is the Chairperson of New River Cottage Inc.

What is the revenue of New River Cottage Inc?

New River Cottage Inc's revenue in 2023 was $916,293.

Who are the executives of New River Cottage Inc and what are their salaries?

The average compensation at New River Cottage Inc during 2023 was $20,845. There are 19 employees at New River Cottage Inc.


Here are 7 key members and their salaries:


Ken Richardson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bj Edwards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Kovacich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Wyatt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Miller (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Leys (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New River Cottage Inc?

New River Cottage Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of New River Cottage Inc

New River Cottage Inc is dedicated to providing a safe and independent living environment for individuals with mental retardation. This nonprofit organization's mission is to enable these individuals to live independently, thereby offering them a sense of autonomy and self-reliance. New River Cottage Inc's primary focus is on housing, offering a supportive environment that caters to the unique needs of those with mental retardation. The organization aims to empower its residents, enabling them to lead fulfilling lives with a sense of dignity and independence.

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Impact




October, 2024

New River Cottage Inc significantly impacts the lives of individuals with mental retardation by providing safe and supportive housing that fosters independent living. Located in Sparta, NC, the organization creates an environment where residents can experience greater autonomy and dignity. Through its dedicated services, New River Cottage Inc enables individuals to thrive in a community setting, helping them develop essential life skills while promoting personal growth and self-sufficiency. This mission not only improves their quality of life but also enhances community awareness and acceptance of individuals with mental disabilities. The support from New River Cottage Inc contributes to a more inclusive society, where everyone has the opportunity to engage fully and independently.




This information is meant to be a general summary of New River Cottage 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
$916,293 (2023)
Expenses
$746,099 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $916,293
  • Gross Receipts: $916,293

Assets and Liabilities:

  • Total Assets: $384,683
  • Total Liabilities: $222,602
  • Net Assets: $162,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VAYA HEALTH

Revenue

$866,363

PATIENT LIABILITY

Revenue

$49,930

Organization Details

Founding Year

1984

Principal Officer

Ken Richardson

Main Address

PO BOX 488, SPARTA, NC, 28675

NTEE Category

Code: L80Z - Housing

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