Overview
What is New Horizons Properties Ii Inc?
New Horizons Properties II Inc, based in Gainesville, Florida, is a nonprofit organization that focuses on providing affordable housing for individuals with psychiatric disabilities. They offer housing solutions with the added possibility of voluntary psychiatric treatment at a provider of their choice. This charitable entity aims to make a significant difference in the lives of those with psychiatric conditions by offering safe and supportive living environments. Their mission is deeply rooted in the belief that everyone deserves a decent place to live, regardless of their medical background.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
New Horizons Properties II Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. With a total score of 62%, the organization has shown strengths in its program expense ratio and maintaining independent board size, but has significant weaknesses in transparency, as evidenced by a lack of an accessible website and other critical documentation.
The organization has a conflict of interest policy and effectively retains and destroys documents, showcasing some responsible governance practices. However, the absence of independent board members and a whistleblower policy raises concerns about the overall governance framework. Furthermore, the liabilities to assets ratio and failure to post tax forms on their website could hinder trust and confidence among potential donors.
In summary, while New Horizons Properties II Inc is performing adequately in some financial metrics, its governance and transparency issues are notable. Addressing these limitations will be essential for enhancing its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is New Horizons Properties Ii Inc legitimate?
New Horizons Properties Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Horizons Properties Ii 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: $0
For more financial information, click here
What is the mission statement of New Horizons Properties Ii Inc?
New Horizons Properties II Inc is dedicated to providing affordable housing for individuals living with psychiatric disabilities. Their mission is to ensure these individuals have a stable living environment, while also facilitating access to voluntary psychiatric treatment at a healthcare provider of their choice. They operate apartments specifically designed for this purpose, demonstrating a commitment to improving the quality of life for those in need. This organization strives to create a supportive community that caters to the unique needs of its residents.
Who is the CEO of New Horizons Properties Ii Inc?
Dr Margarita M Labarta is the Secretary of New Horizons Properties Ii Inc.
What is the revenue of New Horizons Properties Ii Inc?
New Horizons Properties Ii Inc's revenue in 2022 was $174,863.
Who are the executives of New Horizons Properties Ii Inc and what are their salaries?
There 8 volunteers at New Horizons Properties Ii Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $153,741
- Other: $17,475
- Compensation: $0
- Related: $67,846
- Other: $2,588
- 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
Where can I find the form 990 for New Horizons Properties Ii Inc?
New Horizons Properties Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Horizons Properties Ii Inc
New Horizons Properties II Inc, a nonprofit organization, is dedicated to providing affordable housing for individuals living with psychiatric disabilities. By operating apartments designed for these individuals, the organization aims to offer a safe and supportive living environment. Furthermore, it allows residents the opportunity to seek voluntary psychiatric treatment from a provider of their choice. The mission of New Horizons Properties II Inc is to empower and support those who require housing while managing their psychiatric conditions, enabling them to live independent and dignified lives.
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Impact
June, 2024
New Horizons Properties II Inc's impact lies in providing a crucial lifeline for individuals with psychiatric disabilities in Gainesville, FL. By offering affordable housing tailored to their specific needs, this organization creates a supportive environment for those who require both housing and potential psychiatric treatment. Through their mission to address the housing challenges faced by individuals with psychiatric disabilities, New Horizons Properties II Inc positively impacts the mental health and well-being of its residents, fostering stability and a sense of community.
This information is meant to be a general summary of New Horizons Properties Ii 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61
- Program Service Revenue: $58,013
- Gross Receipts: $174,863
Assets and Liabilities:
- Total Assets: $1,322,841
- Total Liabilities: $1,182,257
- Net Assets: $140,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL CARE
Revenue
$58,013
Organization Details
Founding Year
1984
Phone
(352) 374-5600Principal Officer
Dr Margarita M Labarta
Main Address
4300 SW 13TH STREET, GAINESVILLE, FL, 32608
NTEE Category
Code: F33 - Mental health
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