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Housing For New Hope

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

EIN: 582089068 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is Housing For New Hope?

Housing For New Hope is a nonprofit organization committed to ending homelessness in Durham, North Carolina. They prioritize every individual's worth and offer supportive housing solutions. By providing 44 units of stable housing at Andover and Williams Square apartment communities, they connect chronically homeless individuals with disabling conditions to long-term services. Furthermore, Housing For New Hope cultivates relationships with new landlords to secure affordable and welcoming housing options for their clients. They also offer housing navigation services to those enrolled in their permanent housing programs, extending their support beyond just housing.


Official website here: www.housingfornewhope.org

Is Housing For New Hope legitimate?

Housing For New Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing For New Hope 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: $150,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,233,802

For more financial information, click here


Official website here: www.housingfornewhope.org

What is the mission statement of Housing For New Hope?

Housing For New Hope, as an organization, is committed to addressing homelessness by placing a high value on every individual. Their mission is to provide supportive housing and long-term services to chronically homeless individuals with disabling conditions. They achieve this by offering 44 units of supportive housing at Andover and Williams Square apartment communities. Beyond this, they build relationships with new landlords to secure affordable and welcoming housing units for their clients. Furthermore, Housing For New Hope offers housing navigation services to individuals enrolling in their permanent housing programs.


Official website here: www.housingfornewhope.org

Who is the CEO of Housing For New Hope?

Russell Pierce is the Secretary of Housing For New Hope.


Official website here: www.housingfornewhope.org

What is the revenue of Housing For New Hope?

Housing For New Hope's revenue in 2022 was $3,790,070.


Official website here: www.housingfornewhope.org

Who are the executives of Housing For New Hope and what are their salaries?

The average compensation at Housing For New Hope during 2022 was $32,952. There are 42 employees and 87 volunteers at Housing For New Hope.

Here are 14 key members and their salaries:

    Russell Pierce (Executive Director)
  • Compensation: $107,176
  • Related: $0
  • Other: $0

    • Rev Chris Breslin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Bob Kaynor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Bland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lizzy Hazeltine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jarvis Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Chris Tuttle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Kay Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Jeff Marko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.housingfornewhope.org

    Where can I find the form 990 for Housing For New Hope?

    The Housing For New Hope’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.housingfornewhope.org

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

    Mission Statement of Housing For New Hope

    Housing For New Hope, a dedicated organization, is committed to eradicating homelessness in an unspecified location, with a particular focus on individuals in Durham, North Carolina, who are chronically homeless and struggle with disabling conditions. Their mission is threefold. Firstly, they strive to provide these individuals with stable housing through their 44 units at Andover and Williams Square apartment communities. Secondly, they establish relationships with new landlords, securing affordable and welcoming units for their clients. Lastly, they offer housing navigation services to those enrolling in their permanent housing programs, ensuring a smooth transition into their new homes. Essentially, Housing For New Hope values every person and works tirelessly to offer supportive housing solutions, helping these individuals regain their sense of stability and independence.

    Impact

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




    Saturday, July 20, 2024

    Housing For New Hope is making a significant impact in Durham, North Carolina by working towards ending homelessness in the area. They value every individual and provide supportive housing to connect chronically homeless individuals with disabling conditions to stable housing and long-term supportive services. Through their 44 units of supportive housing at Andover and Williams Square apartment communities, they are able to offer a safe and secure environment for those in need. Additionally, they forge relationships with new landlord partners to secure affordable and welcoming units for their clients, while also providing housing navigation services to those enrolling in their permanent housing programs. Housing For New Hope's commitment to ending homelessness in Durham is evident through their proactive and practical approach to providing housing support to those who need it most.





    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: $-14,034
  • Program Service Revenue: $311,567
  • Gross Receipts: $3,790,070

    • Assets and Liabilities:
  • Total Assets: $6,208,701
  • Total Liabilities: $1,935,529
  • Net Assets: $4,273,172
  • Programs

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

    PROGRAM RENTAL REVENUE

    Revenue

    $307,732

    OTHER PROGRAM FEES

    Revenue

    $3,835

    Organization Details

    Founding Year

    1993

    Principal Officer

    Russell Pierce

    Main Address

    18 W COLONY PLACE SUITE 250, DURHAM, NC, 27705

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Housing For New Hope 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.