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Filing year 2023

NEW OPPORTUNITIES INC

Waterbury, Connecticut·EIN 06-6071847·3
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 · Schedule J · 5 reported individuals · Filing year 2023

$282k
$314k
Base
$267k
Bonus
Other
Benefits
$14k
Base
$148k
Bonus
Other
Benefits
$29k
Director of Energy Service
highest compensated employee
$149k
$167k
Chief Administrative Offic
officer (unspecified)
$117k
$130k
Former President/ceo
former officer/director/trustee
$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.

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.

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.
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