Overview
What is New Wine Development Corporation?
New Wine Development Corporation is a nonprofit organization situated in La Place, Louisiana. With a workforce of 40 individuals, its primary mission is to create a secure environment for those requiring before and after-care services. This includes providing assistance during the summer months and offering disaster relief aid to eligible homeowners. In addition to these core services, the corporation strives to promote safety and well-being within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The New Wine Development Corporation has received a solid Three-Star rating from Charity Navigator, indicating that it meets key standards for financial health and accountability. Its overall score reflects a strong emphasis on transparency and governance, with an impressive 100% of board members being independent, which enhances its credibility and decision-making integrity.
In terms of financial management, the organization demonstrates a high program expense ratio of 97.32%, signifying that nearly all of its funds are directed towards its programs rather than administrative costs. Additionally, there are no reported issues concerning material diversion of assets, highlighting the organization's commitment to ethical practices and responsible stewardship of resources.
While the rating is commendable, potential donors and stakeholders should consider the overall impact and outcomes of the programs funded by the New Wine Development Corporation to ensure alignment with their charitable goals. The organization appears to have strong governance policies in place, which is a positive sign, but further insights into its operational effectiveness could provide a more comprehensive picture.
This AI summary has been generated from information found on Charity Navigator.
Is New Wine Development Corporation legitimate?
New Wine Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Wine Development Corporation 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: $217,824
For more financial information, click here
What is the mission statement of New Wine Development Corporation?
The New Wine Development Corporation is committed to offering a conducive environment for individuals in need, with a primary focus on ensuring safety. Their mission revolves around providing before and after-care services, aiming to create a secure environment. The corporation also extends its services to summer camps and offers disaster relief assistance to eligible homeowners in need.
Who is the CEO of New Wine Development Corporation?
Neil Bernard is the Principal Officer of New Wine Development Corporation.
What is the revenue of New Wine Development Corporation?
New Wine Development Corporation's revenue in 2022 was $987,795.
Who are the executives of New Wine Development Corporation and what are their salaries?
The average compensation at New Wine Development Corporation during 2022 was $5,446. There are 40 employees and 65 volunteers at New Wine Development Corporation.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for New Wine Development Corporation?
New Wine Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Wine Development Corporation
New Wine Development Corporation is committed to creating a secure environment for individuals who require assistance. Their primary mission revolves around providing both pre-care and post-care services. This organization places a significant emphasis on promoting safety as its primary focus. Beyond this, New Wine Development Corporation also offers summer camp services and extends disaster relief aid to eligible homeowners.
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Impact
July, 2024
New Wine Development Corporation has a significant impact on the community by providing essential before and after-care services to those in need. Their dedication to creating a safe environment for individuals in LA PLACE, LA, is commendable, with a primary focus on promoting well-being. In addition to their regular services, they also offer summer camp programs and extend a helping hand through disaster relief assistance to eligible homeowners. Overall, their work plays a vital role in supporting individuals, families, and the community as a whole, making a positive impact on those they serve.
This information is meant to be a general summary of New Wine Development Corporation. 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.
- Program Service Revenue: $208,334
- Gross Receipts: $987,795
Assets and Liabilities:
- Total Assets: $589,716
- Total Liabilities: $0
- Net Assets: $589,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees
Revenue
$104,403
Tenant Rentals
Revenue
$103,931
Organization Details
Founding Year
1998
Phone
(985) 653-0008Principal Officer
Neil Bernard
Main Address
1929 West Airline Hwy, La Place, LA, 70068
NTEE Category
Code: P28 - Human services
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