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New Beginnings For Families Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 831802913 ✦ Brockton, MA ✦ Designated as a 501(c)(3)

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Overview

What is New Beginnings For Families Inc?

New Beginnings For Families Inc, located at 320 Main Street, Brockton, MA 02301, is a dedicated nonprofit organization. Their primary mission is to aid families in need of shelter or housing and to offer essential services to those requiring assistance. The organization works tirelessly to support individuals in distress, demonstrating a strong commitment to their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star rating)

New Beginnings For Families Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization scored 79% overall, with the score derived entirely from its accountability and finance metrics, showcasing a commitment to transparency and ethical practices.

The charity boasts a fully independent board of directors, with 100% of its members being independent, which is a positive sign for governance. Furthermore, there are no reported material diversions of assets, and the charity has established conflict of interest, whistleblower, and document retention policies. These elements highlight the organization’s dedication to maintaining high governance standards.

Despite the strengths noted in its financial accountability, the overall score indicates room for improvement. Future evaluations could benefit from a more comprehensive assessment that includes effectiveness and program impact, as the current rating is based solely on financial metrics without additional context on program outcomes.


This AI summary has been generated from information found on Charity Navigator.

Is New Beginnings For Families Inc legitimate?

New Beginnings For Families Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Beginnings For Families 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of New Beginnings For Families Inc?

New Beginnings For Families Inc is committed to supporting families and individuals in need of shelter or housing. Their mission is to provide essential services to those who are struggling, demonstrating dedication and compassion towards their cause. The organization aims to assist families in overcoming their housing challenges and strives to enhance their living conditions. By offering various services, New Beginnings For Families Inc seeks to empower and uplift those who are in need, providing them with the resources and assistance necessary to improve their lives.

Who is the CEO of New Beginnings For Families Inc?

Donna Desmond is the President, Ceo (Until 2/2023) of New Beginnings For Families Inc. The CEO's salary of New Beginnings For Families Inc is $0 and their total compensation is $0.

What is the revenue of New Beginnings For Families Inc?

New Beginnings For Families Inc's revenue in 2023 was $100,000.

Who are the executives of New Beginnings For Families Inc and what are their salaries?

There 5 volunteers at New Beginnings For Families Inc.


Here are 9 key members and their salaries (New Beginnings For Families Inc's CEO's salary is $0 and their total compensation is $0):


Vincent Marturano (President, Ceo (Until 2/2023))
  • Compensation: $0
  • Related: $480,484
  • Other: $55,942
Donna Desmond (Executive Vp, Cfo)
  • Compensation: $0
  • Related: $248,500
  • Other: $25,746
Kenneth Klier (Executive Vp, Coo)
  • Compensation: $0
  • Related: $245,868
  • Other: $25,483
Charles Clifford (President, Ceo (As Of 2/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
William Payne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerry Nadeau (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eli Florence (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Pike (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Thibeault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Beginnings For Families Inc?

New Beginnings For Families Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of New Beginnings For Families Inc

New Beginnings For Families Inc, as per its mission statement, is committed to assisting families and individuals in need, particularly those seeking shelter or housing. The organization's primary goal is to provide essential services to these individuals, demonstrating a dedication to making a positive impact in their lives. New Beginnings For Families Inc stands out for its compassionate approach, aiming to help those in need regain their footing and rebuild their lives.

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Impact




October, 2024

New Beginnings For Families Inc significantly impacts the Brockton, MA community by providing essential support to families and individuals in need of shelter and housing assistance. The organization addresses homelessness, offering safe and secure living environments for those who have nowhere else to turn. Their commitment extends beyond just housing; they also deliver vital services that cater to the diverse needs of the families they assist. This holistic approach ensures that individuals not only find refuge but also access resources and support that empower them to regain stability in their lives. By fostering a sense of hope and opportunity, New Beginnings For Families Inc plays a crucial role in transforming lives and strengthening the community as a whole.




This information is meant to be a general summary of New Beginnings For Families 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.

Revenue
$100,000 (2023)
Expenses
$242,415 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $100,000

Assets and Liabilities:

  • Total Assets: $1,273,389
  • Total Liabilities: $1,584,606
  • Net Assets: -$311,217

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Organization Details

Founding Year

2018

Principal Officer

Donna Desmond

Main Address

320 MAIN STREET, BROCKTON, MA, 02301

NTEE Category

Code: L41 - Housing

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