New Opportunities Inc

Organization Overview

New Opportunities Inc is located in Waterbury, CT. The organization was established in 1983. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 10/2020, New Opportunities Inc employed 365 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Opportunities 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 10/2020, New Opportunities Inc generated $37.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $35.3m during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, New Opportunities Inc has awarded 21 individual grants totaling $1,718,531. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENERGY PROGRAMS INCLUDE CONNECTICUT ENERGY ASSISTANCE PROGRAM AND WEATHERIZATION SERVICES. CONNECTICUT ENERGY ASSISTANCE PROVIDES HEAT ASSISTANCE FOR LOW-INCOME RENTERS AND HOMEOWNERS. 45,149 PEOPLE RECEIVED ASSISTANCE WITH THEIR UTILITIES BILLS UNDER CONNECTICUT ENERGY ASSISTANCE PROGRAM. WEATHERIZATION SERVICES PROVIDE HELP TO HOUSEHOLDS TO DECREASE ENERGY CONSUMPTION. 350 HOUSEHOLDS WERE ABLE TO DECREASE THEIR HOME ENERGY CONSUMPTION BY USING WEATHERIZATION SERVICES.


ELDERLY: ELDERLY PROGRAM INCLUDES NUTRITIONAL SERVICES BY PROVIDING HOT MEALS TO SENIOR CITIZENS AND HOMECARE SERVICES, INCLUDING RETIRED SENIOR VOLUNTARY PROGRAM, FOSTER GRANDPARENT PROGRAM, SENIOR COMPANION PROGRAM AND OTHERS. 2,120 SENIOR INDIVIDUALS RECEIVED PREPARED MEALS DURING THE YEAR AND 2,750 INDIVIDUALS/FAMILIES RECEIVED FOOD DURING THE YEAR.


COMMUNITY SERVICES: COMMUNITY SERVICES PROVIDES THERAPEUTIC SERVICES FOR FOSTER CHILDREN, WORK READINESS ASSISTANCE, EMPLOYMENT TRAINING, AND CASE MANAGEMENT SERVICES FOR LOW-INCOME INDIVIDUALS. 857 LOW-INCOME PEOPLE RECEIVED ACADEMIC OR EMPLOYMENT TRAINING. ALSO, 4,287 INDIVIDUALS RECEIVED CASE MANAGEMENT SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lindley Food Service
Food Service
$1,067,246
Eversource Energy
Utilities
$772,170
New England Conservations Services
Energy Conservation Serv.
$341,985
Abbot Nutrition
Nutrition Services
$239,258
General Technology Group
Technology Support
$144,143
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$35,353,913
Investment income $1,100
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $600
Net Income from Fundraising Events $18,267
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,123,244

Grants Awarded

Over the last fiscal year, New Opportunities Inc has awarded $229,470 in support to 2 organizations.

Grant RecipientAmount

CATHOLIC CHARITIES

Org PageRecipient Profile

Hartford, CT

PURPOSE: EARLY CHILDHOOD READINESS

$154,192

THE SALVATION ARMY

Org PageRecipient Profile

Waterbury, CT

PURPOSE: HOUSING

$75,278
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that New Opportunities Inc has recieved totaling $257,684.

Awarding OrganizationAmount
Connecticut Community Foundation Inc

Waterbury, CT

PURPOSE: GIVE LOCAL 2021; MEALS ON WHEELS TRUCK REPLACEMENT & REPAIRS; SYSTEM INTEGRATION UPGRADE; BRASS (BRINGING RESOURCES TO ACTION TO SERVE SENIORS)

$112,196
United Way Of Greater New Haven Inc

New Haven, CT

PURPOSE: HOUSING ASSISTANCE AND COORDINATED ACCESS NETWORK NAVIGATOR SUPPORT

$70,458
Northwest Connecticut Community Foundation Inc

Torrington, CT

PURPOSE: Support bilingual caseworker

$60,000
Connecticut Health Foundation Inc

Hartford, CT

PURPOSE: GENERAL SUPPORT

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$30
View Grant Recipient Profile

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