New Hope Home Inc

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

EIN: 952534815 ✦ Long beach, CA ✦ Designated as a 501(c)(3)

Overview

What is New Hope Home Inc?

New Hope Home Inc, situated in Long Beach, California, is a small nonprofit organization with a mission to offer affordable housing solutions to elderly individuals with limited income. The organization, with only two employees, extends its resources to five charitable entities, aiming to provide aid to those in need beyond its immediate services. By focusing on affordable housing, New Hope Home Inc seeks to enhance the living conditions of the elderly population in Long Beach, contributing positively to the community.


Is New Hope Home Inc legitimate?

New Hope Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hope Home 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: $70,495
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of New Hope Home Inc

New Hope Home Inc, a nonprofit organization, is committed to providing affordable housing solutions for elderly individuals with limited income. Their mission is centered around this goal, aiming to make a positive impact in the lives of these individuals by offering them a secure and affordable place to reside. The organization's primary focus is on the elderly population, recognizing their unique needs and the challenges they may face in securing affordable housing. New Hope Home Inc's mission is a testament to its dedication to supporting this vulnerable group, ensuring they can live with dignity and independence. In addition to its housing mission, New Hope Home Inc also extends its assistance to other charitable causes, granting funding to organizations that help those in need.

Impact

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




Wednesday, July 24, 2024

New Hope Home Inc's impact is significant in providing affordable housing to elderly persons with low income in Long Beach, California. By offering this essential service, they are ensuring that vulnerable members of the community have a safe and stable place to live. Additionally, through their grants to five charities that provide assistance to those in need, New Hope Home Inc is extending their impact beyond just housing, addressing broader issues that affect the well-being of individuals in the community. This organization is making a valuable contribution to improving the lives of elderly persons in Long Beach, California, and helping to create a more supportive and inclusive community for all.





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: $3,229
  • Program Service Revenue: $513,299
  • Gross Receipts: $516,528

    • Assets and Liabilities:
  • Total Assets: $8,947,635
  • Total Liabilities: $0
  • Net Assets: $8,947,635
  • Programs

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

    accrued interest

    Revenue

    $513,329

    passthrough income/loss

    Revenue

    $-30

    Organization Details

    Founding Year

    1965

    Principal Officer

    Alisha Wade

    Main Address

    1150 New York Street, Long Beach, CA, 90813

    NTEE Category

    Code: L22 - Housing

    If you are a representative of New Hope Home 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.