Nuway Recovery Foundation
- Assets
- $2.8m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Minneapolis, MN
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2935624
Organization Overview
Nuway Recovery Foundation is located in Minneapolis, MN. The organization was established in 2019. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Nuway Recovery Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuway Recovery Foundation 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 12/2021, Nuway Recovery Foundation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.8% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE EXEMPT PURPOSES OF NUWAY HOUSE, INC. NUWAY RECOVERY FOUNDATION MAKES DISTRIBUTIONS/GRANTS TO INDIVIDUALS IN MINNESOTA SUFFERING FROM SUBSTANCE USE DISORDERS (SUD) WHO MEET CERTAIN CRITERIA, TO ASSIST THEM WITH PAYING FOR SUPPORTIVE LIVING ENVIRONMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUWAY RECOVERY FOUNDATION MAKES DISTRIBUTIONS/GRANTS TO INDIVIDUALS IN MINNESOTA SUFFERING FROM SUBSTANCE USE DISORDERS (SUD) WHO MEET CERTAIN CRITERIA, TO ASSIST THEM WITH PAYING FOR SUPPORTIVE LIVING ENVIRONMENTS AFTER COMPLETING THEIR SUD TREATMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Meier Secretary | OfficerTrustee | 1 | $0 |
John Marston Treasurer | OfficerTrustee | 1 | $0 |
Ken Roberts Chair | OfficerTrustee | 1 | $0 |
Monique Bourgeois Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meyer G Belkin Dba Act 2 Recovery Recovery Residence Fees | 12/30/21 | $252,337 |
Mark J Schwartz Dba Right Time Sober Liv Recovery Residence Fees | 12/30/21 | $264,019 |
New Spirit Homes Inc Recovery Residence Fees | 12/30/21 | $232,642 |
Melanie R Peterson Dba Soberhousing Solu Recovery Residence Fees | 12/30/21 | $215,831 |
Bsm Management Corp Dba Bsm Houses Recovery Residence Fees | 12/30/21 | $215,471 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,393,120 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,393,485 |
| Total Program Service Revenue | $0 |
| Investment income | $1,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,551,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,797 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,411 |
| Payroll taxes | $28,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,543 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,712,573 |
| Advertising and promotion | $0 |
| Office expenses | $1,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $953 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,410 |
| All other expenses | $0 |
| Total functional expenses | $6,180,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,000 |
| Savings and temporary cash investments | $1,385,543 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,445,515 |
| Total assets | $2,836,058 |
| Accounts payable and accrued expenses | $541,432 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $143,726 |
| Total liabilities | $685,158 |
| Net assets without donor restrictions | $2,150,900 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,836,058 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nuway Recovery Foundation has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
Nuway Alliance Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Area Substance Abuse Council Cedar Rapids, IA | $11,919,914 | $12,188,379 |
Tubman Minneapolis, MN | $17,800,603 | $11,842,964 |
Reverence For Life & Concern For People Inc Granite Falls, MN | $32,754,729 | $12,373,698 |
Center For Alcohol & Drug Treatment Inc Duluth, MN | $7,223,543 | $9,794,445 |
Heartview Foundation Bismarck, ND | $12,961,123 | $10,576,696 |
Prelude Behavioral Services Iowa City, IA | $7,107,907 | $7,728,524 |
Mooring Programs Incorporated Neenah, WI | $2,098,833 | $6,922,837 |
House Of Mercy Des Moines, IA | $3,800,476 | $8,298,538 |
Minnesota Indian Primary Residental Treatment Center Inc Sawyer, MN | $12,554,536 | $7,543,605 |
Nuway Recovery Foundation Minneapolis, MN | $2,836,058 | $6,551,015 |
Share House Inc Fargo, ND | $8,286,212 | $7,856,343 |
Center For Alcohol & Drug Services Inc Davenport, IA | $6,325,120 | $4,957,237 |