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New Moms Inc

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

EIN: 363265804 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is New Moms Inc?

New Moms Inc, based in Chicago, Illinois, is a nonprofit organization that focuses on empowering young mothers to break the cycle of poverty. Their comprehensive approach includes providing job training through their Job Training Program, which combines classroom learning with practical, paid work experience in manufacturing candles at their social enterprise, Bright Endeavors. Additionally, their Academic Coaching program offers financial support and guidance to support these mothers in pursuing postsecondary education. New Moms Inc also offers housing assistance and family support, aiming to strengthen families and foster their well-being. With a team of 134 dedicated individuals, New Moms Inc is committed to helping young mothers build a brighter future for themselves and their children.


Official website here: www.newmoms.org

Is New Moms Inc legitimate?

New Moms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Moms 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.

Here are some key statistics you may want to consider:

Executive Compensation: $353,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,835,306

For more financial information, click here


Official website here: www.newmoms.org

What is the mission statement of New Moms Inc?

New Moms Inc's mission is centered around breaking the cycle of poverty for future generations. They accomplish this by providing support to young mothers, focusing on three key areas: stable housing, job training, and family assistance. Through their Job Training Program, they equip young mothers with necessary skills for securing permanent employment, offering a blend of classroom instruction and practical, on-the-job experience at their social enterprise, Bright Endeavors. Additionally, their Academic Coaching program aids young mothers in pursuing higher education, providing monthly stipends and coaching as they work towards degrees, ultimately fostering economic mobility.


Official website here: www.newmoms.org

Who is the CEO of New Moms Inc?

Laura Zumdahl is the Chair of New Moms Inc. The CEO's salary of New Moms Inc is $180,670 and their total compensation is $212,665.


Official website here: www.newmoms.org

What is the revenue of New Moms Inc?

New Moms Inc's revenue in 2022 was $7,338,720.


Official website here: www.newmoms.org

Who are the executives of New Moms Inc and what are their salaries?

The average compensation at New Moms Inc during 2022 was $23,798. There are 134 employees and 282 volunteers at New Moms Inc.

Here are 23 key members and their salaries (New Moms Inc's CEO's salary is $180,670 and their total compensation is $212,665):

    Laura Zumdahl (President/Ceo)
  • Compensation: $180,670
  • Related: $0
  • Other: $31,995

    • Pamela Bozeman (Coo)
  • Compensation: $109,237
  • Related: $0
  • Other: $12,733

    • Lizveth Mendez-Witt (Cfo)
  • Compensation: $104,543
  • Related: $0
  • Other: $17,184

    • Melanie Garrett (Cpo)
  • Compensation: $112,937
  • Related: $0
  • Other: $3,705

    • Deborah Gillespie (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Quiara (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latoya Tatum Bynoe (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Godinez Spencer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Demeter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Kiesling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cody Mcsellers-Mccray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Nirenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Grover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Moreland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Wasiolek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Tanaka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madra Guinn-Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jarell Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Prinz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Brunick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Dimun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Rintz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newmoms.org

    Where can I find the form 990 for New Moms Inc?

    The New Moms Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newmoms.org

    Learn more at the official website: www.newmoms.org

    Mission Statement of New Moms Inc

    New Moms Inc, a nonprofit organization, is committed to breaking the cycle of poverty for two generations. They achieve this mission by providing support to young mothers, helping them secure stable housing, acquire job skills, and build strong family structures. The nonprofit's Job Training Program is a crucial component of this mission. It equips young mothers with the necessary skills to secure quality, permanent employment. This program combines classroom instruction with practical, hands-on experience, allowing participants to gain valuable experience in manufacturing candles at the organization's social enterprise, Bright Endeavors.

    In addition to job training, New Moms Inc offers an Academic Coaching program to assist young mothers in pursuing postsecondary education. This program provides monthly stipends and individual and group coaching, aiding these women as they work towards degrees that will ultimately help them achieve economic mobility. By offering these comprehensive services, New Moms Inc is not just providing temporary assistance but is investing in the long-term well-being and success of young mothers and their children.

    Impact

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




    Thursday, August 15, 2024

    New Moms Inc strengthens families by partnering with young moms as they progress toward well-being. Their Job Training Program equips young moms with job training skills needed to obtain quality, permanent employment. The program combines classroom training with paid, hands-on work experience, manufacturing candles at their social enterprise, Bright Endeavors. Additionally, their Academic Coaching program assists young mothers in pursuing postsecondary education through monthly stipends and individual and group coaching, as they work towards degrees to help achieve economic mobility. New Moms interrupts the cycle of poverty for two generations by offering young moms support with stable housing, job training, and family support.





    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 2022.

  • Investment Income: $2,182
  • Program Service Revenue: $613,970
  • Gross Receipts: $7,557,045

    • Assets and Liabilities:
  • Total Assets: $21,133,961
  • Total Liabilities: $13,431,775
  • Net Assets: $7,702,186
  • Programs

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

    Housing Program

    Revenue

    $497,562

    Consulting Program

    Revenue

    $116,408

    Organization Details

    Founding Year

    1983

    Principal Officer

    Laura Zumdahl

    Main Address

    5317 W Chicago Ave, Chicago, IL, 60651

    NTEE Category

    Code: P450 - Human services

    If you are a representative of New Moms Inc 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.