Overview
What is Needlink Nashville?
Needlink Nashville is a compassionate nonprofit organization based in Nashville, Tennessee. With a mission to aid struggling families and individuals, they offer assistance with rental payments and utility bills, aiming to prevent evictions and utility disconnections. Additionally, they provide nutritional support and various other forms of assistance to those in need. During the year, they served over 2,100 households by processing more than 6,000 applications, significantly contributing to maintaining housing stability in the community. Their dedicated workforce of 7 individuals works tirelessly to help those in need.
Official website here: www.needlink.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Needlink Nashville has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is based entirely on the organization's strong performance in Accountability & Finance, reflecting its commitment to transparency and responsible resource management. The nonprofit has received full scores in various critical areas, such as having an independent board and robust policies in place, demonstrating its adherence to best practices in governance.
The organization showcases an impressive program expense ratio of 98.38%, indicating that the vast majority of its expenditures are directed toward its programs rather than administrative costs. Additionally, the minimal liabilities to assets ratio of 2.54% highlights a stable financial position, ensuring that it can adequately meet its obligations. The fundraising efficiency ratio of $0.01 per dollar raised suggests that the organization is highly effective in its fundraising efforts, maximizing the impact of donations.
While Needlink Nashville excels in financial performance and governance, prospective supporters might want to explore specific program outcomes and community impact further, as these aspects are not covered within the ratings they received. Overall, the organization is well-positioned to continue its mission effectively and efficiently.
This AI summary has been generated from information found on Charity Navigator.
Is Needlink Nashville legitimate?
Needlink Nashville is a legitimate nonprofit organization registered as a 501(c)(3) entity. Needlink Nashville 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: $236,366
For more financial information, click here
Official website here: www.needlink.org
What is the mission statement of Needlink Nashville?
Needlink Nashville's mission is centered around providing aid to financially struggling families and individuals. They offer assistance with rent and utility payments to prevent evictions and utility service terminations. Furthermore, the organization extends its support by providing food and other necessary resources to those in need. During the year, Needlink Nashville processes numerous applications, successfully helping a significant number of households avoid homelessness and maintain essential services.
Official website here: www.needlink.org
Who is the CEO of Needlink Nashville?
Lee Anne Wills is the Ceo of Needlink Nashville. The CEO's salary of Needlink Nashville is $93,360 and their total compensation is $93,360.
Official website here: www.needlink.org
What is the revenue of Needlink Nashville?
Needlink Nashville's revenue in 2023 was $2,061,209.
Official website here: www.needlink.org
Who are the executives of Needlink Nashville and what are their salaries?
The average compensation at Needlink Nashville during 2023 was $33,767. There are 7 employees and 15 volunteers at Needlink Nashville.
Here are 12 key members and their salaries (Needlink Nashville's CEO's salary is $93,360 and their total compensation is $93,360):
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Official website here: www.needlink.org
Where can I find the form 990 for Needlink Nashville?
Needlink Nashville's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.needlink.org
Learn more at the official website: www.needlink.org
Mission Statement of Needlink Nashville
Needlink Nashville, a nonprofit organization, is dedicated to providing essential aid to needy families and individuals. Its primary mission involves offering rental and utility assistance to prevent evictions or utility service terminations. Beyond this, the organization extends its help to provide food and other necessary assistance to those in need. Through various programs and donations, Needlink Nashville strives to ensure that families and individuals do not face homelessness, helping over 2,100 households avoid such circumstances each year through electric deposit assistance, reconnections, and stop evictions.
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Impact
July, 2024
Needlink Nashville's impact can be seen in the significant support and assistance it provides to needy families and individuals in Nashville. By offering rent and utilities assistance, the organization has played a crucial role in preventing evictions and utility service terminations for over 2,100 households. Additionally, the provision of food and other essential assistance has helped address the immediate needs of those facing financial hardship. Through their various programs and donations, Needlink Nashville has made a tangible difference in the community by ensuring that vulnerable individuals and families have access to vital resources and support, ultimately helping prevent homelessness and improve their quality of life.
This information is meant to be a general summary of Needlink Nashville. 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: $21,752
- Gross Receipts: $2,092,601
Assets and Liabilities:
- Total Assets: $2,370,801
- Total Liabilities: $60,391
- Net Assets: $2,310,410
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Organization Details
Founding Year
1912
Phone
(615) 269-6835Principal Officer
Lee Anne Wills
Main Address
PO BOX 91107, NASHVILLE, TN, 37209
Website
www.needlink.orgNTEE Category
Code: P60 - Human services
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