Overview
What is New Ecology Inc?
New Ecology Inc, based in Boston, Massachusetts, is a nonprofit organization focusing on sustainable development and environmental conservation. They strive to make the built environment more efficient, healthy, and resilient by promoting sustainable practices. Their activities include providing green building services for the construction and renovation of affordable housing, working on the decarbonization of existing buildings, and supporting community-based partners in the NOAH sector to deliver high-performance, climate-ready housing. Additionally, they engage in research and development to innovate and create cost-effective and impactful sustainable solutions for the built environment. Their mission is to address global environmental issues with a focus on equity, ensuring accessible and affordable sustainable environments for all.
Official website here: www.newecology.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Stars)
New Ecology Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 79% primarily based on its accountability and finance practices. The charity excels in several areas, such as having a predominantly independent board, which is comprised of 85% independent members. It also scores highly for transparency with policies like conflict of interest and whistleblower policies in place, as well as maintaining thorough documentation of board meeting minutes.
However, the organization faces some challenges, particularly in its financial ratios. While it demonstrates strong program expense ratios, indicating that a significant portion of its funds is directed towards its programs, its fundraising efficiency and working capital ratios leave room for improvement. The low fundraising efficiency score suggests that the charity spends a relatively high amount to generate donations, which could impact its overall financial health in the long run.
Overall, New Ecology Inc is recognized for its strong accountability and financial management, but stakeholders may want to consider the organization's fundraising strategies and financial stability when evaluating its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is New Ecology Inc legitimate?
New Ecology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Ecology Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $164,739
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,261,873
For more financial information, click here
Official website here: www.newecology.org
What is the mission statement of New Ecology Inc?
New Ecology Inc's mission is centered around addressing global environmental issues and promoting sustainable development at the community level, with a strong focus on equity. They strive to make the built environment more efficient, healthy, and resilient by advocating for sustainable practices. Their goal is to ensure that everyone has access to affordable and healthy living and working spaces. In essence, their mission is to bring the benefits of sustainable development to communities, improving the quality of life for all.
Official website here: www.newecology.org
Who is the CEO of New Ecology Inc?
Edward F Connelly is the President/Secretary of New Ecology Inc.
Official website here: www.newecology.org
What is the revenue of New Ecology Inc?
New Ecology Inc's revenue in 2022 was $6,902,221.
Official website here: www.newecology.org
Who are the executives of New Ecology Inc and what are their salaries?
The average compensation at New Ecology Inc during 2022 was $71,397. There are 62 employees and 7 volunteers at New Ecology Inc.
Here are 11 key members and their salaries:
- Compensation: $164,739
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- Other: $0
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- Compensation: $117,482
- Related: $0
- Other: $0
- Compensation: $100,333
- Related: $0
- Other: $0
- Compensation: $108,808
- Related: $0
- Other: $0
Official website here: www.newecology.org
Where can I find the form 990 for New Ecology Inc?
New Ecology Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newecology.org
Learn more at the official website: www.newecology.org
Mission Statement of New Ecology Inc
New Ecology Inc, a dedicated organization, is committed to addressing global environmental issues and promoting sustainable development at the community level. With a strong focus on equity, they strive to make built environments more efficient, healthy, and resilient. Their mission is to advance sustainable practices, ensuring accessible, affordable, and healthy living and working spaces for all. By doing so, they aim to improve the overall quality of life and increase resilience in the face of environmental challenges.
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Impact
June, 2024
New Ecology Inc is making a significant impact in advancing sustainable development in the built environment. By focusing on green building services, existing building decarbonization, climate smart communities, and research and development, New Ecology is helping to improve the efficiency, health, and resilience of buildings. Their work not only reduces carbon emissions and improves environmental sustainability but also ensures that affordable housing is healthy, durable, and energy-efficient. Through their efforts, New Ecology is contributing to creating accessible, affordable, and healthy environments for individuals and communities to live and work in, while promoting equity and addressing global environmental challenges.
This information is meant to be a general summary of New Ecology Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,970
- Program Service Revenue: $3,742,841
- Gross Receipts: $6,902,221
Assets and Liabilities:
- Total Assets: $4,068,171
- Total Liabilities: $2,387,948
- Net Assets: $1,680,223
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES FEES
Revenue
$3,742,841
Organization Details
Founding Year
1999
Phone
(617) 557-1700Principal Officer
Edward F Connelly
Main Address
15 COURT SQUARE 420, BOSTON, MA, 02108
Website
www.newecology.orgNTEE Category
Code: C010 - Environment
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