Overview
What is New Outlook Inc?
New Outlook Inc is a nonprofit organization situated in Jacksonville, Florida. Their primary focus is on addressing affordable housing needs for low-income individuals with disabilities. They operate seventeen rental units, with one of them being rent-free. The organization receives rental assistance through HUD Section 811, enabling them to provide these housing opportunities. The mission of New Outlook Inc is to enhance the living situations of individuals with disabilities by offering affordable rental accommodations.
Is New Outlook Inc legitimate?
New Outlook Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Outlook 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:
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Other Salaries and Wages: $24,343
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What is the mission statement of New Outlook Inc?
New Outlook Inc's mission is centered around providing rental activities for individuals with disabilities who fall into the low-income category. They accomplish this through the use of rental assistance under HUD Section 811. The organization operates seventeen rental housing units specifically designed for this group, with one of these units being made available rent-free. The primary goal of New Outlook Inc is to make affordable housing options accessible to those with disabilities, thereby improving their quality of life.
What is the revenue of New Outlook Inc?
New Outlook Inc's revenue in 2023 was $150,049.
Who are the executives of New Outlook Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for New Outlook Inc?
New Outlook Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of New Outlook Inc
New Outlook Inc, a nonprofit organization, is dedicated to providing affordable housing solutions for individuals with disabilities who are of low income. Their mission is achieved through rental activities, specifically under HUD Section 811. This section of the HUD program provides necessary support, enabling these individuals to secure a place to call home. As part of their mission, New Outlook Inc has established seventeen rental units, with one of these units being designated rent-free. This commitment to affordable housing and rental assistance is crucial in ensuring that individuals with disabilities can live with dignity and independence.
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Impact
October, 2024
New Outlook Inc significantly impacts the community by addressing the critical housing needs of low-income individuals with disabilities in Jacksonville, Florida. By providing affordable housing options through its seventeen-unit rental property, the organization ensures that vulnerable populations have access to safe and stable living environments.
The organization’s commitment is exemplified by its inclusion of a rent-free unit, ensuring that individuals in dire financial circumstances can find refuge. By facilitating rental assistance under HUD Section 811, New Outlook Inc not only offers financial support but also contributes to the overall well-being and independence of its residents. This approach helps to alleviate the socioeconomic challenges faced by people with disabilities, promoting greater inclusivity and quality of life within the community.
Overall, New Outlook Inc plays a crucial role in alleviating housing insecurity, fostering independence for those with disabilities, and advocating for affordable housing solutions within the local area.
This information is meant to be a general summary of New Outlook 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 2023.
- Investment Income: $3,645
- Program Service Revenue: $38,912
- Gross Receipts: $150,049
Assets and Liabilities:
- Total Assets: $653,544
- Total Liabilities: $107,939
- Net Assets: $545,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Revenue
$38,172
TENANT CHARGES
Revenue
$740
Organization Details
Founding Year
1991
Principal Officer
Robert Sommers
NTEE Category
Code: L20Z - Housing
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