New Hope Housing Inc

Organization Overview

New Hope Housing Inc is located in Alexandria, VA. The organization was established in 1978. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, New Hope Housing Inc employed 277 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, New Hope Housing Inc generated $11.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $12.0m during the year ending 06/2023. While expenses have increased by 8.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES HOMELESS INDIVIDUALS AND FAMILIES WITH SHELTER AND TOOLS TO BUILD A BETTER LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW HOPE HOUSING, INC. IS AN INNOVATIVE, AWARD-WINNING HUMAN SERVICES AGENCY IN NORTHERN VIRGINIA PROVIDING SHELTER, RAPID REHOUSING AND PERMANENT SUPPORTIVE HOUSING, SUPPORT SERVICES AND OUTREACH PROGRAMS FOR INDIVIDUALS EXPERIENCING HOMELESSNESS. AS WELL AS PREVENTION ASSISTANCE FOR THOSE AT IMMINENT RISK OF BECOMING HOMELESS. NEW HOPE HOUSING IS COMMITTED TO FINDING CREATIVE AND LASTING SOLUTIONS TO END THE CYCLE OF HOMELESSNESS BY OFFERING HOMELESS MEN AND WOMEN THE SERVICES THEY NEED TO CHANGE THEIR LIVES AND SUCCEED. AND EACH INDIVIDUAL SUCCESS STORY CONTRIBUTES TO A STRONGER, HEALTHIER COMMUNITY FOR ALL. NEW HOPE HOUSING SERVES APPROXIMATELY 1,500 INDIVIDUALS EACH YEAR IN ARLINGTON, ALEXANDRIA, FAIRFAX, AND FALLS CHURCH.


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Board, Officers & Key Employees

Name (title)Compensation
Hubert Bagley
President
$0
Ilona Birenbaum
President Elect & VP (from 1/2023)
$0
Denise Mackie-Smith
Immediate Past President
$0
Jim Mccabe
Treasurer
$0
Charade Estes
Secretary
$0
Sean Clark
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Alacritas Advisors Llc
Consulting
$177,000
Dne & Associates Pllc
Accounting Service
$122,814
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$2,247
Membership dues$0
Fundraising events$164,793
Related organizations$0
Government grants $2,353,148
All other contributions, gifts, grants, and similar amounts not included above$774,369
Noncash contributions included in lines 1a–1f $293,117
Total Revenue from Contributions, Gifts, Grants & Similar$3,294,557
Total Program Service Revenue$8,099,589
Investment income $1,419
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $352,116
Net Income from Fundraising Events -$47,331
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,754,713

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House Of Ruth
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$14,647,750
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$11,754,713
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Human Services Programs Of Carroll County Inc
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Samaritan House Inc
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The Baltimore Station Inc
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Mens Shelter of Charlotte Inc
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