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The Foundation For Newlife Homes

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

EIN: 912032117 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is The Foundation For Newlife Homes?

The Foundation for Newlife Homes is a nonprofit organization situated in Albuquerque, New Mexico. Its primary focus is to offer support services and aid in the development of housing projects for low-income individuals, the homeless, and those with disabilities. The foundation provides management services to New Life Homes and its affiliates, assisting them in their mission to offer housing assistance to individuals with psychological disabilities. Additionally, the foundation supports affiliated housing projects to provide homes for individuals with disabilities and works on developing new housing projects.


Official website here: www.newlifehomesnm.com

Is The Foundation For Newlife Homes legitimate?

The Foundation For Newlife Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Newlife Homes 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: $129,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.newlifehomesnm.com

What is the mission statement of The Foundation For Newlife Homes?

The Foundation for Newlife Homes is committed to providing support services, including management, to affiliated housing projects. The primary goal is to offer housing assistance to individuals with disabilities, both in existing projects and through the development of new ones. By offering these services, the foundation aims to contribute to the provision of suitable housing for individuals with psychological disabilities, particularly those in the low-income and homeless categories.


Official website here: www.newlifehomesnm.com

Who is the CEO of The Foundation For Newlife Homes?

John Bloomfield is the Executive Director of The Foundation For Newlife Homes.


Official website here: www.newlifehomesnm.com

What is the revenue of The Foundation For Newlife Homes?

The Foundation For Newlife Homes's revenue in 2023 was $93,848.


Official website here: www.newlifehomesnm.com

Who are the executives of The Foundation For Newlife Homes and what are their salaries?


Here are 6 key members and their salaries:


John Bloomfield (Executive Director)
  • Compensation: $129,135
  • Related: $117,380
  • Other: $0
Russell Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Reardon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chandra Doran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Van Guilick (President/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newlifehomesnm.com

Where can I find the form 990 for The Foundation For Newlife Homes?

The Foundation For Newlife Homes's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newlifehomesnm.com

Learn more at the official website: www.newlifehomesnm.com

Mission Statement of The Foundation For Newlife Homes

The Foundation for NewLife Homes is dedicated to providing support, specifically management services, to New Life Homes and its affiliates in their mission to offer housing assistance to individuals with psychological disabilities. This support extends to the development of new housing projects as well, aiming to provide suitable living spaces for low-income, homeless, and disabled individuals. By offering these vital services, The Foundation for NewLife Homes plays a significant role in enhancing the lives of those in need, enabling them to secure stable housing and live with dignity.

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Impact




October, 2024

The Foundation For Newlife Homes plays a crucial role in enhancing housing stability for individuals with psychological disabilities. By providing essential support and management services, it facilitates the development of new housing projects aimed at low-income, homeless, and disabled populations. Operating in Albuquerque, NM, the foundation is dedicated to improving access to safe and supportive housing for those in need.

Through its initiatives, the organization not only addresses immediate housing requirements but also engages in long-term planning and development to create sustainable living environments. This comprehensive approach ensures that individuals facing psychological challenges have a secure place to call home, fostering their independence and overall quality of life. The foundation’s impact can be seen in the increased availability of affordable housing options, which ultimately contributes to healthier and more integrated communities for the vulnerable populations it serves.




This information is meant to be a general summary of The Foundation For Newlife Homes. 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
$93,848 (2023)
Expenses
$216,748 (2023)
Efficiency

Other financial information:

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

  • Investment Income: -$20,758
  • Program Service Revenue: $59,212
  • Gross Receipts: $586,499

Assets and Liabilities:

  • Total Assets: $2,142,368
  • Total Liabilities: $53,852
  • Net Assets: $2,088,516

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$57,317

OTHER INCOME

Revenue

$1,895

Organization Details

Founding Year

1999

Principal Officer

John Bloomfield

Main Address

PO BOX 51055, ALBUQUERQUE, NM, 87181

NTEE Category

Code: T12 - Philanthropy

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