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Good News Shelter Corporation

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

EIN: 611334374 ✦ Lagrange, KY ✦ Designated as a 501(c)(3)

Overview

What is Good News Shelter Corporation?

Good News Shelter Corporation is a nonprofit organization situated in La Grange, Kentucky. Its primary mission is to offer transitional housing and supportive services to families in need, particularly those who are underprivileged and struggling to make ends meet. The organization helps families, often single women with children, who are currently homeless and lack a stable living situation. By providing them with housing, Good News Shelter Corporation aims to help these families regain their stability and build a brighter future for themselves and their children. The organization operates through various programs, such as the Bedford & Smith Apartments and Rosehaven Home for Women, which provide temporary housing to 20 families. Additionally, they offer permanent housing options through programs like Rosehaven II & Waino, assisting 3 families, and rapid rehousing for 8 families, benefiting a total of 35 adults and 24 children across Oldham, Henry, and Trimble counties. In times of emergency, they also collaborate with United Charities in Henry and Trimble counties to offer assistance to 16 families. Overall, Good News Shelter Corporation is dedicated to uplifting disadvantaged families and empowering them to become self-sufficient.


Is Good News Shelter Corporation legitimate?

Good News Shelter Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good News Shelter 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: $59,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,087

For more financial information, click here


What is the mission statement of Good News Shelter Corporation?
Who is the CEO of Good News Shelter Corporation?
What is the revenue of Good News Shelter Corporation?
Who are the executives of Good News Shelter Corporation and what are their salaries?
Where can I find the form 990 for Good News Shelter Corporation?

Mission Statement of Good News Shelter Corporation

Good News Homes, a faith-based organization, is committed to assisting displaced or at-risk families, particularly those who are underserved, in finding housing and related resources that can help them become or remain self-sufficient. This nonprofit organization provides a vital service to families who are often single women with their children, currently residing in unstable living conditions. Good News Homes aims to offer these families a sense of stability and a future, which can be life-changing. Their mission is to provide transitional housing and supportive services, enabling these families to regain their footing and ultimately achieve self-sufficiency.

Impact

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




Wednesday, July 24, 2024

Good News Shelter Corporation's impact is profound as it provides transitional housing and supportive services to families who are struggling to make ends meet. By offering stable housing to these families, primarily single women with children who are homeless or on the brink of homelessness, Good News Shelter Corporation is able to provide a life-changing opportunity. Through their programs, such as the Bedford & Smith Apartments, the Rosehaven Home for Women, Rosehaven II, and Waino programs, they have helped numerous families secure permanent housing and transition from homelessness to stability.

Additionally, through their rapid rehousing initiatives across Oldham, Henry, and Trimble counties, Good News Shelter Corporation has successfully supported families in moving from the streets to permanent housing. Their emergency services provided through United Charities in Henry and Trimble counties have also been instrumental in assisting families in crisis situations.

Overall, Good News Shelter Corporation's mission to help displaced or at-risk families find housing and resources to become self-sufficient is commendable and has made a significant impact on the communities they serve.





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: $188
  • Program Service Revenue: $0
  • Gross Receipts: $513,551

    • Assets and Liabilities:
  • Total Assets: $1,912,149
  • Total Liabilities: $25,813
  • Net Assets: $1,886,336
  • Organization Details

    Founding Year

    1998

    Principal Officer

    Rick Lucas

    Main Address

    115 EAST ADAMS STREET SUITE 1A, LAGRANGE, KY, 40031

    NTEE Category

    Code: L41 - Housing

    If you are a representative of Good News Shelter 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.