Overview
What is New Beginnings Bluegrass Inc?
New Beginnings Bluegrass Inc, a non-profit organization based in Lexington, Kentucky, is dedicated to enhancing the lives of individuals struggling with serious mental illness. Their primary mission is to provide permanent housing and supportive services in a safe, affordable, and recovery-oriented environment. They aim to optimize the well-being of these individuals within the Kentucky Bluegrass region. The organization has been successful in increasing the number of individuals housed and served, thanks to an initiative to expand their property portfolio and place individuals in community-based housing. With a workforce of 30 employees, New Beginnings Bluegrass Inc continues to focus on offering community-based, recovery-oriented housing in the least restrictive environment possible.
Official website here: www.newbeginningsbg.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
New Beginnings Bluegrass Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization boasts a high score in both Accountability & Finance and Culture & Community, highlighting effective governance structures, including a fully independent board. With no reported material diversion of assets and a solid program expense ratio of 79.01%, it demonstrates a commitment to utilizing resources effectively for its mission.
However, while the nonprofit excels in many areas, it does have some limitations, notably the absence of a whistleblower policy, which could enhance its accountability framework. Additionally, its equity data score indicates room for improvement in measuring and reporting equity-related metrics, although its overall equity strategies score remains robust. Feedback mechanisms are strong, with perfect scores in collection, usage, and constituent feedback, illustrating the organization's responsiveness to its community.
Overall, New Beginnings Bluegrass Inc is a well-managed nonprofit with a solid financial footing and a commitment to transparency, though addressing its weaker areas could further strengthen its impact and governance.
This AI summary has been generated from information found on Charity Navigator.
Is New Beginnings Bluegrass Inc legitimate?
New Beginnings Bluegrass Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings Bluegrass 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: $266,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $554,923
For more financial information, click here
Official website here: www.newbeginningsbg.org
What is the mission statement of New Beginnings Bluegrass Inc?
New Beginnings Bluegrass Inc is dedicated to enhancing the well-being of individuals dealing with serious mental illness. They strive to achieve this by offering supported, safe, and affordable housing, along with related services, in a region yet unspecified. Their mission is to maximize the quality of life for these individuals, focusing on providing a continuum of permanent housing and supportive services. As a result of their efforts to expand their properties and offer community-based housing, the number of individuals they serve has grown significantly compared to previous years. They prioritize community-based, recovery-oriented housing in the least restrictive environment possible.
Official website here: www.newbeginningsbg.org
Who is the CEO of New Beginnings Bluegrass Inc?
Christy Shuffett is the Executive Director of New Beginnings Bluegrass Inc.
Official website here: www.newbeginningsbg.org
What is the revenue of New Beginnings Bluegrass Inc?
New Beginnings Bluegrass Inc's revenue in 2022 was $1,772,160.
Official website here: www.newbeginningsbg.org
Who are the executives of New Beginnings Bluegrass Inc and what are their salaries?
The average compensation at New Beginnings Bluegrass Inc during 2022 was $27,378. There are 30 employees at New Beginnings Bluegrass Inc.
Here are 15 key members and their salaries:
- Compensation: $91,962
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- Other: $2,756
- Compensation: $67,340
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- Other: $6,007
- Compensation: $56,278
- Related: $0
- Other: $4,295
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Official website here: www.newbeginningsbg.org
Where can I find the form 990 for New Beginnings Bluegrass Inc?
New Beginnings Bluegrass Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbeginningsbg.org
Learn more at the official website: www.newbeginningsbg.org
Mission Statement of New Beginnings Bluegrass Inc
New Beginnings Bluegrass Inc, a dedicated organization, is committed to enhancing the well-being of individuals grappling with serious mental illness. Their mission is twofold: to provide supported, safe, and affordable housing, and related services, all within a continuum of care.
This nonprofit aims to maximize the quality of life for those they serve, striving to create an environment that fosters recovery and independence. They have recently expanded their properties and community-based housing initiatives, accommodating an increasing number of individuals in need each year.
Their approach is rooted in the belief that housing should be community-based, recovery-oriented, and as least restrictive as possible. By offering a range of supportive services, New Beginnings Bluegrass Inc. seeks to empower its residents, helping them rebuild their lives and navigate their mental health journeys with confidence and dignity.
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Impact
June, 2024
New Beginnings Bluegrass Inc has a significant impact on individuals with serious mental illness in the Kentucky Bluegrass region. The organization provides supported, safe, and affordable housing along with related services, aiming to maximize the well-being of their clients. By offering a continuum of permanent housing and supportive services, New Beginnings Bluegrass Inc helps individuals with mental illness access the resources they need to thrive. Through initiatives to expand their owned properties and place individuals in community-based housing, the organization has been able to house and serve more individuals compared to previous years. Their focus on community-based, recovery-oriented housing in the least restrictive environment possible demonstrates a commitment to empowering those they serve.
This information is meant to be a general summary of New Beginnings Bluegrass 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: $200
- Program Service Revenue: $183,778
- Gross Receipts: $1,772,160
Assets and Liabilities:
- Total Assets: $3,312,769
- Total Liabilities: $756,898
- Net Assets: $2,555,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - LOW INCOME HOUSING
Revenue
$166,350
CONSUMER FUNDS
Revenue
$17,428
Organization Details
Founding Year
1997
Phone
(859) 245-2400Principal Officer
Christy Shuffett
Main Address
1353 West Main Street Suite 100, Lexington, KY, 40508
Website
www.newbeginningsbg.orgNTEE Category
Code: F99 - Mental health
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