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New Opportunities INC

Public charityFed auditsIRS 990
Other · WATERBURY, CT · EIN 06-6071847

About

To improve the quality of life for economically disadvantaged individuals by providing the necessary resources to increase their standard of living, foster self improvement, and to maximize self empowerment.

Donations are tax-deductible
Category
Other
Employees
598
Volunteers
332

Financial Snapshot

FY ending 2024-10-31
Revenue
$42.0M
Expenses
$42.2M
Assets
$16.3M
Liabilities
$16.6M

Financial history

$47.3M$23.6M$0
161718192021222324
RevenueExpenses
Latest FY2024: $42.0M · Peak FY2022: $47.2M · Avg: $38.6M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$27K
Grants Given
$17.4M
NEW OPPORTUNITIES INC
Your actions

Address

232 N ELM ST
Waterbury, CT, 06702-151

Governance

Voting board members18
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.