Overview
What is New Hope Home Inc?
New Hope Home Inc, situated in Long Beach, California, is a small nonprofit organization with a mission to offer affordable housing solutions to elderly individuals with limited income. The organization, with only two employees, extends its resources to five charitable entities, aiming to provide aid to those in need beyond its immediate services. By focusing on affordable housing, New Hope Home Inc seeks to enhance the living conditions of the elderly population in Long Beach, contributing positively to the community.
Is New Hope Home Inc legitimate?
New Hope Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Home 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: $70,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Hope Home Inc?
New Hope Home Inc, as an organization, is committed to providing affordable housing solutions for elderly individuals with low income. This mission is carried out in various ways, with a primary focus on the community in Long Beach, California. Their goal is to ensure that elderly people, regardless of their financial situation, have access to safe and affordable housing. Additionally, New Hope Home Inc supports this cause by providing financial assistance to five different charities. These charities, in turn, offer aid to individuals in need, expanding the reach and impact of New Hope Home Inc's mission.
Who is the CEO of New Hope Home Inc?
Alisha Wade is the Secretary of New Hope Home Inc. The CEO's salary of New Hope Home Inc is $35,000 and their total compensation is $35,000.
What is the revenue of New Hope Home Inc?
New Hope Home Inc's revenue in 2022 was $516,528.
Who are the executives of New Hope Home Inc and what are their salaries?
The average compensation at New Hope Home Inc during 2022 was $35,248. There are 2 employees at New Hope Home Inc.
Here are 8 key members and their salaries (New Hope Home Inc's CEO's salary is $35,000 and their total compensation is $35,000):
- Compensation: $35,495
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New Hope Home Inc?
New Hope Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Home Inc
New Hope Home Inc, a nonprofit organization, is committed to providing affordable housing solutions for elderly individuals with limited income. Their mission is centered around this goal, aiming to make a positive impact in the lives of these individuals by offering them a secure and affordable place to reside. The organization's primary focus is on the elderly population, recognizing their unique needs and the challenges they may face in securing affordable housing. New Hope Home Inc's mission is a testament to its dedication to supporting this vulnerable group, ensuring they can live with dignity and independence. In addition to its housing mission, New Hope Home Inc also extends its assistance to other charitable causes, granting funding to organizations that help those in need.
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Impact
July, 2024
New Hope Home Inc's impact is significant in providing affordable housing to elderly persons with low income in Long Beach, California. By offering this essential service, they are ensuring that vulnerable members of the community have a safe and stable place to live. Additionally, through their grants to five charities that provide assistance to those in need, New Hope Home Inc is extending their impact beyond just housing, addressing broader issues that affect the well-being of individuals in the community. This organization is making a valuable contribution to improving the lives of elderly persons in Long Beach, California, and helping to create a more supportive and inclusive community for all.
This information is meant to be a general summary of New Hope Home 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,229
- Program Service Revenue: $513,299
- Gross Receipts: $516,528
Assets and Liabilities:
- Total Assets: $8,947,635
- Total Liabilities: $0
- Net Assets: $8,947,635
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
accrued interest
Revenue
$513,329
passthrough income/loss
Revenue
-$30
Organization Details
Founding Year
1965
Phone
(562) 688-4113Principal Officer
Alisha Wade
Main Address
1150 New York Street, Long Beach, CA, 90813
NTEE Category
Code: L22 - Housing
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