Overview
What is Housing For New Hope?
Housing For New Hope is a nonprofit organization committed to ending homelessness in Durham, North Carolina. They prioritize every individual's worth and offer supportive housing solutions. By providing 44 units of stable housing at Andover and Williams Square apartment communities, they connect chronically homeless individuals with disabling conditions to long-term services. Furthermore, Housing For New Hope cultivates relationships with new landlords to secure affordable and welcoming housing options for their clients. They also offer housing navigation services to those enrolled in their permanent housing programs, extending their support beyond just housing.
Official website here: www.housingfornewhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
Housing For New Hope has received an 85% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity demonstrates strong governance with an independent board and effective financial oversight, reflected in its high scores across various accountability metrics. With a program expense ratio of 82.58%, the organization appears committed to directing a significant portion of its funds toward its mission to assist those experiencing homelessness.
User feedback from Great Nonprofits highlights the exceptional dedication of Housing For New Hope's staff, who are praised for their commitment to helping individuals navigate their challenges. Reviews emphasize that the organization not only provides necessary resources but also fosters an environment of care and support, contributing positively to clients’ journeys towards stability.
While Housing For New Hope maintains a commendable financial standing, there is a noted area for improvement regarding its liabilities to assets ratio, which stands at 64.95%. Continuous efforts to enhance this aspect could further bolster the organization’s financial health and sustainability. Overall, the nonprofit’s strong accountability practices and positive user experiences reflect its effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Housing For New Hope?
88% of reviewers on Facebook recommend Housing For New Hope based on 7 reviews. Here's a summary of their experiences:
Many users express deep gratitude for the support and assistance they received from the organization. One individual shared a personal story highlighting how the nonprofit helped them transition from homelessness to stable housing and employment. This sentiment showcases a strong impact on the lives of those they serve, emphasizing the essential role Housing For New Hope plays in the community.
Overall, the reviews reflect a positive perception of the nonprofit, with clients appreciating their dedicated approach to helping individuals rebuild their lives. This organization appears to effectively deliver on its mission, making a significant difference in the lives of those in need.
This AI summary has been generated from reviews found on Facebook.
Is Housing For New Hope legitimate?
Housing For New Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing For New Hope 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: $150,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,233,802
For more financial information, click here
Official website here: www.housingfornewhope.org
What is the mission statement of Housing For New Hope?
Housing For New Hope, as an organization, is committed to addressing homelessness by placing a high value on every individual. Their mission is to provide supportive housing and long-term services to chronically homeless individuals with disabling conditions. They achieve this by offering 44 units of supportive housing at Andover and Williams Square apartment communities. Beyond this, they build relationships with new landlords to secure affordable and welcoming housing units for their clients. Furthermore, Housing For New Hope offers housing navigation services to individuals enrolling in their permanent housing programs.
Official website here: www.housingfornewhope.org
Who is the CEO of Housing For New Hope?
Russell Pierce is the Secretary of Housing For New Hope.
Official website here: www.housingfornewhope.org
What is the revenue of Housing For New Hope?
Housing For New Hope's revenue in 2022 was $3,790,070.
Official website here: www.housingfornewhope.org
Who are the executives of Housing For New Hope and what are their salaries?
The average compensation at Housing For New Hope during 2022 was $32,952. There are 42 employees and 87 volunteers at Housing For New Hope.
Here are 14 key members and their salaries:
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- Compensation: $107,176
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Official website here: www.housingfornewhope.org
Where can I find the form 990 for Housing For New Hope?
Housing For New Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingfornewhope.org
Learn more at the official website: www.housingfornewhope.org
Mission Statement of Housing For New Hope
Housing For New Hope, a dedicated organization, is committed to eradicating homelessness in an unspecified location, with a particular focus on individuals in Durham, North Carolina, who are chronically homeless and struggle with disabling conditions. Their mission is threefold. Firstly, they strive to provide these individuals with stable housing through their 44 units at Andover and Williams Square apartment communities. Secondly, they establish relationships with new landlords, securing affordable and welcoming units for their clients. Lastly, they offer housing navigation services to those enrolling in their permanent housing programs, ensuring a smooth transition into their new homes. Essentially, Housing For New Hope values every person and works tirelessly to offer supportive housing solutions, helping these individuals regain their sense of stability and independence.
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Impact
July, 2024
Housing For New Hope is making a significant impact in Durham, North Carolina by working towards ending homelessness in the area. They value every individual and provide supportive housing to connect chronically homeless individuals with disabling conditions to stable housing and long-term supportive services. Through their 44 units of supportive housing at Andover and Williams Square apartment communities, they are able to offer a safe and secure environment for those in need. Additionally, they forge relationships with new landlord partners to secure affordable and welcoming units for their clients, while also providing housing navigation services to those enrolling in their permanent housing programs. Housing For New Hope's commitment to ending homelessness in Durham is evident through their proactive and practical approach to providing housing support to those who need it most.
This information is meant to be a general summary of Housing For New Hope. 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.
- Investment Income: -$14,034
- Program Service Revenue: $311,567
- Gross Receipts: $3,790,070
Assets and Liabilities:
- Total Assets: $6,208,701
- Total Liabilities: $1,935,529
- Net Assets: $4,273,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RENTAL REVENUE
Revenue
$307,732
OTHER PROGRAM FEES
Revenue
$3,835
Organization Details
Founding Year
1993
Phone
(919) 489-6282Principal Officer
Russell Pierce
Main Address
18 W COLONY PLACE SUITE 250, DURHAM, NC, 27705
Website
www.housingfornewhope.orgNTEE Category
Code: L20 - Housing
If you are a representative of Housing For New Hope 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.