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New Pisgah Haven Homes

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

EIN: 363938974 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is New Pisgah Haven Homes?

New Pisgah Haven Homes is a nonprofit organization situated in Chicago, Illinois, specifically at 8005 South Racine Avenue. Their primary mission is to offer affordable housing to senior citizens who fall under the low and moderate income bracket, as determined by the U.S. Department of Housing and Urban Development. The organization adheres to this mission by providing housing to eligible tenants, with rent payments based on each tenant's financial capability. With a dedicated team of 16 employees, New Pisgah Haven Homes strives to enhance the living conditions and support system for its senior citizen tenants.


Official website here: www.newpisgahcso.com

Is New Pisgah Haven Homes legitimate?

New Pisgah Haven Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Pisgah Haven 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.

Here are some key statistics you may want to consider:

Executive Compensation: $83,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,991

For more financial information, click here


Official website here: www.newpisgahcso.com

What is the mission statement of New Pisgah Haven Homes?

New Pisgah Haven Homes is committed to providing affordable housing for senior citizens who fall under the categories of low and moderate income. Their mission is centered around ensuring that eligible tenants have access to housing, with their rent payments being proportionate to their financial capabilities, as determined by the U.S. Department of Housing and Urban Development. The project aims to provide a living space for these individuals, thereby addressing their housing needs.


Official website here: www.newpisgahcso.com

Who is the CEO of New Pisgah Haven Homes?

Stan Smith is the Board Chair of New Pisgah Haven Homes.


Official website here: www.newpisgahcso.com

What is the revenue of New Pisgah Haven Homes?

New Pisgah Haven Homes's revenue in 2022 was $1,067,093.


Official website here: www.newpisgahcso.com

Who are the executives of New Pisgah Haven Homes and what are their salaries?

The average compensation at New Pisgah Haven Homes during 2022 was $26,174. There are 16 employees and 8 volunteers at New Pisgah Haven Homes.

Here are 9 key members and their salaries:

    Shirley Watkins (Secretary/Property Manager) [Trustee/Director]
  • Compensation: $80,901
  • Related: $0
  • Other: $0

    • Stanley Smith (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Nelson (Board Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenese Simmons (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Coleman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Hayes (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Pace (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Clark-Johnson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Pye (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newpisgahcso.com

    Where can I find the form 990 for New Pisgah Haven Homes?

    The New Pisgah Haven Homes’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newpisgahcso.com

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

    Mission Statement of New Pisgah Haven Homes

    New Pisgah Haven Homes is committed to providing affordable housing solutions for senior citizens who fall under the low and moderate income brackets. The organization's mission is centered around this specific demographic, aiming to alleviate housing constraints and ensure that these individuals can maintain a dignified living space. To accomplish this, New Pisgah Haven Homes offers housing opportunities to eligible tenants, with rent payments calculated based on their income capacity, as determined by the United States Department of Housing and Urban Development. This thoughtful approach allows senior citizens to retain a sense of independence while mitigating financial burdens associated with housing costs.

    Impact

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




    Thursday, August 15, 2024

    New Pisgah Haven Homes makes a tangible impact by providing affordable housing to low and moderate-income senior citizens in Chicago. This critical service ensures that vulnerable individuals have access to safe and stable living conditions, improving their quality of life and overall well-being. By offering housing assistance based on tenants' ability to pay, as determined by the US Department of Housing and Urban Development, New Pisgah Haven Homes plays a vital role in addressing housing insecurity among seniors in the community. Overall, the organization's work aligns with its mission of ensuring that elderly individuals have a comfortable place to call home, demonstrating a commitment to promoting housing stability and security for those in need.





    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: $10,774
  • Program Service Revenue: $1,056,319
  • Gross Receipts: $1,074,213

    • Assets and Liabilities:
  • Total Assets: $3,042,668
  • Total Liabilities: $4,294,569
  • Net Assets: -$1,251,901
  • Programs

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

    APARTMENT RENTS

    Revenue

    $1,055,375

    LAUNDRY/VENDING

    Revenue

    $944

    Organization Details

    Founding Year

    1997

    Principal Officer

    Stan Smith

    Main Address

    8005 SOUTH RACINE AVENUE, CHICAGO, IL, 606203069

    NTEE Category

    Code: L99 - Housing

    If you are a representative of New Pisgah Haven Homes 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.