Utec Inc

Organization Overview

Utec Inc is located in Lowell, MA. The organization was established in 2003. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Utec Inc employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utec 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 06/2021, Utec Inc generated $14.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $8.6m during the year ending 06/2021. While expenses have increased by 9.4% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IGNITE AND NURTURE THE AMBITION OF OUR MOST DISCONNECTED YOUTH TO TRADE VIOLENCE AND POVERTY FOR SOCIAL AND ECONOMIC SUCCESS IN BOTH LOWELL AND LAWRENCE, MA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKFORCE DEVELOPMENT - PROVIDES YOUTH MOST IN NEED THE OPPORTUNITY TO GAIN VALUABLE JOB SKILLS AND REAL EARNINGS TO HELP THEM PURSUE POSITIVE LIFE CHOICES.


STREETWORKER - TO ENGAGE AND SUPPORT YOUNG PEOPLE WHO ARE MOST OFTEN OVERLOOKED: INTENTIONAL STREET-BASED OUTREACH, CRISIS INTERVENTION, REFERRALS TO COMMUNITY RESOURCES, AND GANG PEACEMAKING.


EDUCATION - PREPARE YOUNG PEOPLE TO TAKE THE MULTI-PART GED TEST TO EARN A HIGH SCHOOL EQUIVALENCY CREDENTIAL. IT ALSO PILOTED A DUAL ENROLLMENT PROGRAM SO THAT YOUNG PEOPLE CAN EARN COLLEGE CREDITS FOR WORK COMPLETED WITH UTEC.


COMMERCIAL KITCHEN: CAFE UTEC PROVIDES YOUTH MOST IN NEED THE OPPORTUNITY TO GAIN VALUABLE JOB SKILLS AND REAL EARNINGS TO HELP THEM PURSUE POSITIVE LIFE CHOICES. EXPENSES 648,574. INCLUDING GRANTS OF 0. REVENUE 572,322. MATTRESS - THROUGH THIS PROGRAM, YOUTH PICK UP, DECONSTRUCT AND RECYCLE MATTRESSES FROM ACROSS NORTHERN NEW ENGLAND, LEARNING VALUABLE WORKPLACE SKILLS. EXPENSES 543,220. INCLUDING GRANTS OF 0. REVENUE 609,258. ORGANIZING - ORGANIZING PROMOTES CIVIC ENGAGEMENT ON LOCAL AND STATE LEVELS THROUGH COMMUNITY ORGANIZING AND POLITICAL ACTION. EXPENSES 585,042. INCLUDING GRANTS OF 0. REVENUE 0. TRAINSITIONAL COACHING - CREATES A SERVICE PLAN TO ADDRESS ALL OF A YOUTH'S NEEDS, INCLUDING BUT NOT LIMITED TO ACCESS TO BASIC SERVICES, EDUCATONS, EMPLOYMENT, FAMILY LIFE AND HOUSING. EXPENSES 571,006. INCLUDING GRANTS OF 0. REVENUE 0. WOODWORKING - UTEC YOUNG ADULTS CREATE PROFESSIONAL QUALITY WOOD PRODUCTS FOR USE IN HOMES AND BUSINESSES. EXPENSES 313,286. INCLUDING GRANTS OF 0. REVENUE 234,610.


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Board, Officers & Key Employees

Name (title)Compensation
Gregg Croteau
CEO
$140,192
Terri Steingrebe
CFO
$137,077
Anita Moeller
Chief Of Sta
$124,615
Sandyha S Douglas CFA
Vice Chair
$0
Tim Nichols
Secretary
$0
Jonathan M Kelly
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,561,702
All other contributions, gifts, grants, and similar amounts not included above$6,396,011
Noncash contributions included in lines 1a–1f $1,172,354
Total Revenue from Contributions, Gifts, Grants & Similar$12,957,713
Total Program Service Revenue$1,562,709
Investment income $124,873
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 -$62,319
Miscellaneous Revenue$0
Total Revenue $14,604,530

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Utec Inc has recieved totaling $60,000.

Awarding OrganizationAmount
$60,000
View Grant Recipient Profile

Peer Organizations

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