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The Nexus Foundation Inc

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

EIN: 843471264 ✦ Las vegas, NV ✦ Designated as a 501(c)(3)

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Overview

What is The Nexus Foundation Inc?

The Nexus Foundation Inc, situated in Las Vegas, Nevada, is a nonprofit organization dedicated to offering transitional housing and supportive services to individuals struggling with substance abuse disorder. They manage various expenses, such as depreciation, advertising, bank service charges, property insurance, and office supplies, among others, to maintain their operations. The foundation's crucial mission is to provide a conducive environment and necessary assistance to help individuals recover from substance abuse, thereby contributing positively to their overall well-being.

Is The Nexus Foundation Inc legitimate?

The Nexus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nexus Foundation Inc submitted a form 990EZ, 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 The Nexus Foundation Inc?

The Nexus Foundation Inc's mission is centered around providing transitional housing and supportive services for individuals in the process of recovering from substance abuse disorder. The organization aims to offer a conducive environment and necessary resources to help these individuals regain their footing and reintegrate into society. Their activities encompass various expenses such as depreciation, advertising, bank service charges, and property taxes, among others, all directed towards facilitating the recovery process. The Nexus Foundation Inc does not disclose a specific mission statement in the provided information, but their focus on transitional housing and support for substance abuse recovery can be inferred.

What is the revenue of The Nexus Foundation Inc?

The Nexus Foundation Inc's revenue in 2024 was $30,652.

Who are the executives of The Nexus Foundation Inc and what are their salaries?

Here are 3 key members and their salaries:


Paula M Howell Anderson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Anderson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas P Hamilton (Executive Director)
  • Compensation: $10,600
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Nexus Foundation Inc?

The Nexus Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of The Nexus Foundation Inc

The Nexus Foundation, a nonprofit organization, is committed to providing transitional housing and supportive services for individuals undergoing recovery from substance abuse disorder. While the mission description is not explicitly provided in the given information, it can be inferred that their mission revolves around offering a conducive environment and essential resources for individuals in their recovery journey, aiming to help them overcome their addiction and reintegrate into society. Their operational expenses, which include various costs such as depreciation, advertising, bank service charges, and property taxes, underscore their commitment to providing comprehensive support services for their clients.

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Impact




August, 2024

The Nexus Foundation Inc's impact is providing transitional housing and supportive services for individuals recovering from substance abuse disorder in Las Vegas, NV. They offer a safe and stable environment for individuals to rebuild their lives and work towards recovery from addiction. Through their programs and services, The Nexus Foundation helps individuals overcome challenges and create a foundation for a healthier and more stable future.




This information is meant to be a general summary of The Nexus Foundation 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
$30,652 (2024)
Expenses
$29,351 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1
  • Program Service Revenue: $30,652
  • Gross Receipts: $30,652

Assets and Liabilities:

  • Total Assets: $188,760
  • Total Liabilities: $7,003
  • Net Assets: $181,757

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Organization Details

Principal Officer

Paula M Howell Anderson

NTEE Category

Code: L99 - Housing

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