nonprofit logo

Newark Transitional Corporation

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

EIN: 222730393 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Newark Transitional Corporation?

The Newark Transitional Corporation is a nonprofit organization based in Newark, New Jersey, at 212 Peshine Avenue. Their primary mission is to offer transitional housing and emergency shelter for homeless youths and adults, with a goal to bring stability, independence, self-sufficiency, and employable skills to their clients. Consistent with the New Jersey Homeless Act, they provide 24/7 services to assist individuals in need, striving to create a supportive environment for their clients to transition towards self-reliance. The organization operates with a staff of 12 individuals.


Is Newark Transitional Corporation legitimate?

Newark Transitional Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Transitional Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $530,765

For more financial information, click here


What is the mission statement of Newark Transitional Corporation?
Who is the CEO of Newark Transitional Corporation?
What is the revenue of Newark Transitional Corporation?
Who are the executives of Newark Transitional Corporation and what are their salaries?

The average compensation at Newark Transitional Corporation during 2023 was $44,230. There are 12 employees at Newark Transitional Corporation.

Here are 16 key members and their salaries (Newark Transitional Corporation's CEO's salary is $216,000 and their total compensation is $216,000):


Where can I find the form 990 for Newark Transitional Corporation?

Mission Statement of Newark Transitional Corporation

The Newark Transitional Corporation, a dedicated nonprofit organization, is committed to providing transitional housing and emergency shelter services, ensuring round-the-clock support in line with the New Jersey Homeless Act. Their primary mission is to offer shelter to homeless youths and adults, while simultaneously promoting stability, independence, self-sufficiency, and employable skills in their clients' lives. By providing this crucial assistance, the Newark Transitional Corporation aims to bring about a positive transformation in the lives of those they serve, helping them regain their footing and embark on a path toward self-sufficiency.

Impact

This information is meant to be a general summary of Newark Transitional Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Tuesday, June 18, 2024

Newark Transitional Corporation provides critical support to homeless youths and adults in Newark, NJ, by offering 24/7 transitional housing and emergency shelter services. Through their programs, the organization aims to bring stability, independence, self-sufficiency, and employable skills to their clients' lives. In doing so, they play a vital role in addressing homelessness and mental health challenges in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,312,221

    • Assets and Liabilities:
  • Total Assets: $1,148,512
  • Total Liabilities: $67,480
  • Net Assets: $1,081,032
  • Organization Details

    Founding Year

    1986

    Principal Officer

    Elliot Isibor

    Main Address

    212 PESHINE AVENUE, NEWARK, NJ, 07108

    NTEE Category

    Code: F34Z - Mental health

    If you are a representative of Newark Transitional Corporation 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.