Overview
What is New Haven Promise Inc?
New Haven Promise Inc, situated in New Haven, Connecticut, is a dedicated nonprofit organization committed to fostering a college-going culture among local public school students. By motivating students to pursue higher education and guiding them through the application process, this organization aims to create an educated community. They offer summer enrichment programs, connect students with local nonprofits for community service hours, and provide comprehensive financial literacy resources. Furthermore, New Haven Promise manages a volunteer program that assists college-bound students in understanding college costs, aid packages, and admission processes. The organization's primary mission is to construct a culture where students aspire to attend and graduate from college, offering financial incentives and support for those who do, and ultimately facilitating their return to work and serve within the New Haven community. With a team of 12 dedicated individuals, New Haven Promise Inc is making a significant impact on the lives of its students and the community.
Official website here: www.newhavenpromise.org
Is New Haven Promise Inc legitimate?
New Haven Promise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Haven Promise 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.
Here are some key statistics you may want to consider:
Executive Compensation: $179,208
Professional Fundraising Fees: $72,240
Other Salaries and Wages: $359,914
For more financial information, click here
What is the mission statement of New Haven Promise Inc?
New Haven Promise Inc's mission is geared towards fostering a college-focused culture in public schools. The organization aims to motivate students to pursue higher education by providing them with financial incentives and support. Additionally, New Haven Promise facilitates the return of these college graduates to their community, encouraging them to live, work, and serve within it. The organization achieves this by fostering college aspirations, offering financial assistance, and managing community service programs. They also focus on financial literacy, guiding students through the college application process and cost-related aspects.
Official website here: www.newhavenpromise.org
Who is the CEO of New Haven Promise Inc?
Patricia Melton is the President of New Haven Promise Inc.
Official website here: www.newhavenpromise.org
What is the revenue of New Haven Promise Inc?
New Haven Promise Inc's revenue in 2023 was $5,195,298.
Official website here: www.newhavenpromise.org
Who are the executives of New Haven Promise Inc and what are their salaries?
The average compensation at New Haven Promise Inc during 2023 was $44,927. There are 12 employees and 68 volunteers at New Haven Promise Inc.
Here are 9 key members and their salaries:
- Patricia Melton (President)
- Peter Salovey (Board Chair) [Trustee/Director]
- Justin Elicker (Director)
- William Ginsberg (Director)
- Christopher O'Connor (Director)
- William Terry Brown Phd (Director)
- Nathan Fuerst (Director)
- Dr Judy D Olian (Director)
- Tamar Gendler (Director)
Official website here: www.newhavenpromise.org
Where can I find the form 990 for New Haven Promise Inc?
The New Haven Promise Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.newhavenpromise.org
Learn more at the official website: www.newhavenpromise.org
Mission Statement of New Haven Promise Inc
New Haven Promise, a nonprofit organization, is committed to establishing a college-focused environment in local public schools. Its mission is threefold: firstly, it encourages and motivates students to pursue higher education, aiming to admit them into colleges. Secondly, it offers financial incentives and support to these students. Lastly, it facilitates the return of these college graduates to live, work, and contribute to the greater New Haven community.
In practice, New Haven Promise fosters an aspirational college culture among students in local public schools. It encourages students and their families to pledge their commitment to attending and graduating from college. To support this, the organization provides resources and guidance, such as summer enrichment programs and community service opportunities. Moreover, it manages a comprehensive financial literacy campaign, offering assistance with college costs, aid packages, and the admission process. Through these initiatives, New Haven Promise aims to empower students and help them graduate from college, all while fostering a sense of community engagement and service.
Impact
This information is meant to be a general summary of New Haven Promise Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
New Haven Promise Inc has a significant impact on the New Haven community by inspiring students to pursue higher education, providing them with financial incentives and support to attend college, and encouraging them to return to live, work, and serve in the area. Through various initiatives such as fostering a college-going culture, offering summer enrichment programs, facilitating community service opportunities, and promoting financial literacy, New Haven Promise Inc plays a vital role in preparing students for success beyond high school. The organization's efforts help empower students to pursue their educational goals, ultimately benefiting both the individuals and the greater New Haven community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAFSACT
Revenue
$10,000
QU Summer Camp
Revenue
$39,750
Pennington Fellowship Admin
Revenue
$30,000
Organization Details
Founding Year
2015
Phone
(203) 776-6473
Principal Officer
Patricia Melton
Main Address
28 Lincoln Way, New Haven, CT, 06510
Website
www.newhavenpromise.org
NTEE Category
Code: P20 - Human services
If you are a representative of New Haven Promise Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.