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New Legacy Foundation

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

EIN: 825365979 ✦ Baton rouge, LA ✦ Designated as a 501(c)(3)

Overview

What is New Legacy Foundation?

The New Legacy Foundation, based in Baton Rouge, Louisiana, is a nonprofit organization dedicated to assisting vulnerable residents, defined as individuals and families who experience recurring or ongoing health, safety, and quality of life issues due to their living conditions. This foundation provides funds to acquire properties from individuals, with the primary aim of fairly compensating them for their properties and offering support services to facilitate smooth relocations. These funds cover moving costs, lot clearing, closing costs, and other relevant expenses, as decided by the Board of Directors. The foundation's mission extends to offering various support services, such as assistance with moving expenses, to ensure a seamless transition for the affected individuals.


Is New Legacy Foundation legitimate?

New Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Legacy Foundation 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: $65,000
Professional Fundraising Fees: $2,625
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of New Legacy Foundation?
Who is the CEO of New Legacy Foundation?
What is the revenue of New Legacy Foundation?
Who are the executives of New Legacy Foundation and what are their salaries?
Where can I find the form 990 for New Legacy Foundation?

Mission Statement of New Legacy Foundation

The New Legacy Foundation, a nonprofit organization, is dedicated to assisting those who are deemed "vulnerable residents." These individuals and families face recurring or ongoing impacts to their health, safety, and quality of life due to their living conditions.

In pursuit of its mission, the New Legacy Foundation offers funds to individuals in exchange for the voluntary acquisition of their properties. These funds are designed to fairly compensate the property owners and provide support services to facilitate their relocations. The funds cover various expenses such as moving costs, lot clearing, closing costs, and other relevant expenses, as decided by the Board of Directors.

By offering these resources, the New Legacy Foundation aims to improve the living conditions and overall well-being of the vulnerable residents it serves, providing them with a chance to start anew and live with greater security and stability.

Impact

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




Tuesday, June 18, 2024

New Legacy Foundation's impact is significant in providing support and assistance to vulnerable residents facing ongoing impacts to their health, safety, and quality of life due to their living conditions. This organization offers funds to individuals in exchange for the voluntary acquisition of their property, ensuring fair compensation and providing support services to facilitate relocations. Through their mission, they address critical needs and strive to improve the well-being of those in need in Baton Rouge, Louisiana.





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: $0
  • Program Service Revenue: $105,000
  • Gross Receipts: $105,000

    • Assets and Liabilities:
  • Total Assets: $518,812
  • Total Liabilities: $2,134
  • Net Assets: $516,678
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Mike Hayes

    Main Address

    PO Box 65222, Baton Rouge, LA, 70896

    NTEE Category

    Code: C99 - Environment

    If you are a representative of New Legacy Foundation 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.