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Community Opportunities Inc

New Opportunities Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420923412 ✦ Carroll, IA ✦ Designated as a 501(c)(3)

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Overview

What is Community Opportunities Inc?

Community Opportunities Inc, also known as New Opportunities Inc, is a nonprofit organization based in Carroll, Iowa. Their primary focus is on administering various federally, state, locally funded, and fee-based programs. One of their significant initiatives is the Low-Income Home Energy Assistance Program (LIHEAP), which assists eligible low-income households in paying their energy bills. In line with their mission to eliminate poverty, they provide direct support and services to children, adolescents, adults, aging adults, and families, helping them reach their full potential in terms of personal and economic self-sufficiency. The organization employs 160 individuals.


Official website here: www.newopp.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Stars)

Community Opportunities Inc has achieved an impressive 100% rating from Charity Navigator, reflecting exceptional accountability and financial management. This top-tier score is based entirely on their strong performance in the Accountability & Finance beacon, indicating that the organization operates with a high level of transparency and responsibility.

The nonprofit demonstrates a commitment to governance, with a fully independent board consisting of 21 members. They excel in various financial metrics, including a 97.13% program expense ratio, ensuring that the vast majority of their funds support their mission directly. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protections, and document retention further enhances their credibility.

While the data highlights several strengths, it does not mention any specific areas for improvement, suggesting that the organization is currently operating at a high standard. Overall, Community Opportunities Inc stands out as a well-managed charity that effectively utilizes its resources for community benefit.


This AI summary has been generated from information found on Charity Navigator.

Is Community Opportunities Inc legitimate?

Community Opportunities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Opportunities 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: $348,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,916,442

For more financial information, click here


Official website here: www.newopp.org

What is the mission statement of Community Opportunities Inc?

Community Opportunities Inc, a non-profit organization, strives to eliminate poverty by providing direct support and services to children, adolescents, adults, aging adults, and families. Their mission is to help these individuals reach their highest potential in terms of personal and economic self-sufficiency. One of their key programs is the Low-Income Home Energy Assistance Program (LIHEAP), which offers assistance to eligible low-income households in covering their energy costs. By providing essential services and resources, Community Opportunities Inc aims to create new opportunities and empower those in need to improve their lives.


Official website here: www.newopp.org

Who is the CEO of Community Opportunities Inc?

Chad Jensen is the Director - President of Community Opportunities Inc. The CEO's salary of Community Opportunities Inc is $140,602 and their total compensation is $186,350.


Official website here: www.newopp.org

What is the revenue of Community Opportunities Inc?

Community Opportunities Inc's revenue in 2022 was $14,721,229.


Official website here: www.newopp.org

Who are the executives of Community Opportunities Inc and what are their salaries?

The average compensation at Community Opportunities Inc during 2022 was $26,655. There are 160 employees and 1538 volunteers at Community Opportunities Inc.


Here are 24 key members and their salaries (Community Opportunities Inc's CEO's salary is $140,602 and their total compensation is $186,350):


Eugene Meiners (Director - President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Legore (Director - Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Striegel (Director - Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Masters (Director - Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Van Aernam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Contner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome Kuster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Wilhelm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hays (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Galletley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Cayler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Denman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Kluis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Lightner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peg Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Burris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Jensen (Chief Executive Officer)
  • Compensation: $140,602
  • Related: $0
  • Other: $45,748
Sheri Mertz (Chief Financial Officer)
  • Compensation: $104,464
  • Related: $0
  • Other: $15,586
Tonya Weber (Head Start Director)
  • Compensation: $103,267
  • Related: $0
  • Other: $15,271


Official website here: www.newopp.org

Where can I find the form 990 for Community Opportunities Inc?

Community Opportunities Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newopp.org

Learn more at the official website: www.newopp.org

Mission Statement of Community Opportunities Inc

Community Opportunities Inc, a dedicated organization, strives to eliminate poverty by providing direct support and services to children, adolescents, adults, aging adults, and families. Their ultimate goal is to help these individuals reach their highest potential in terms of personal and economic self-sufficiency.

The mission of Community Opportunities Inc is multifaceted. They administer various federally, state, locally funded, and fee-based programs. In simple terms, they bridge the gap for qualifying low-income households by providing assistance in paying their energy costs. This essential service is embodied in their Low-Income Home Energy Assistance Program (LIHEAP). By offering this assistance, Community Opportunities Inc ensures that families can keep their homes warm and functional, thereby reducing the burden of energy costs and allowing them to focus on other aspects of their lives. This program is a vital component of the organization's commitment to helping individuals and families achieve self-sufficiency and overcome the challenges of poverty.

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Impact




October, 2024

Community Opportunities Inc plays a crucial role in enhancing the quality of life for individuals and families in Carroll, Iowa, primarily through the administration of various federally, state, and locally funded programs. One of the standout programs is the Low-Income Home Energy Assistance Program (LIHEAP), which provides vital support to qualifying low-income households, helping them manage and pay their energy costs effectively.

Through its dedicated efforts, the organization addresses essential needs, working tirelessly to eliminate poverty by offering direct support and services to children, adolescents, adults, aging adults, and families. This assistance fosters personal growth and economic self-sufficiency, empowering individuals to reach their highest potential. By focusing on comprehensive support, Community Opportunities Inc significantly contributes to building resilient communities and improving the overall well-being of its residents.




This information is meant to be a general summary of Community Opportunities 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.

Revenue
$14,721,229 (2022)
Expenses
$14,413,003 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $318,829
  • Gross Receipts: $15,034,610

Assets and Liabilities:

  • Total Assets: $7,540,431
  • Total Liabilities: $2,319,648
  • Net Assets: $5,220,783

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Organization Details

Founding Year

1965

Principal Officer

Chad Jensen

Main Address

PO BOX 427, CARROLL, IA, 51401

NTEE Category

Code: P200 - Human services

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