Skip to main content
Filing year 2023

NEW OPPORTUNITIES INC

Waterbury, Connecticut·EIN 06-6071847·501(c)(3)
Total revenue
$42M
Total assets
$16.3M
Total expenses
$42.2M
Reported officers
23
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
75th to 90th percentile
$282k
$314k
Base
$267k
Bonus
Other
Benefits
$14k
CFO
75th to 90th percentile
$178k
$199k
Base
$148k
Bonus
Other
Benefits
$29k
Director of Energy Service
Highest Compensated Employee
25th percentile to median
$149k
$167k
Chief Administrative Offic
Officer (Unspecified)
$117k
$130k
Former President/ceo
Former Officer/director/trustee
25th percentile to median
$100k
$112k
Base
$100k
Bonus
Other
Benefits
$51

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Fell 18%
over 3 years

From $342k in 2020 to $282k in 2023.

$342k
2020
$207k
2022
$282k
2023
In today's dollarsEst.
Down 28% in real terms$439k to $314k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 18% from 2020 to 2023, while revenue fell 4%.

$342k in 2020 to $282k in 2023.
  • Chief Financial Officer pay rose 29% from 2020 to 2023.
  • Highest Compensated Employee pay rose 2% from 2020 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2020 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW OPPORTUNITIES INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$43.8M
$41.7M
2020
$45.9M
$45.8M
2022
$42M
$42.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW OPPORTUNITIES INC

What does the Chief Executive Officer of NEW OPPORTUNITIES INC earn?

In 2023, the Chief Executive Officer of NEW OPPORTUNITIES INC received $281,525 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW OPPORTUNITIES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW OPPORTUNITIES INC falls between the 75th and 90th percentiles.

What are NEW OPPORTUNITIES INC's revenue and expenses?

In 2023, NEW OPPORTUNITIES INC reported $42M in total revenue and $42.2M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.