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Newtrax Inc

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

EIN: 274476087 ✦ White bear lake, MN ✦ Designated as a 501(c)(3)

Overview

What is Newtrax Inc?

Newtrax Inc, based in White Bear Lake, Minnesota, is a nonprofit organization dedicated to enhancing the capabilities of various charitable entities. Their primary mission is to ensure safe, accessible, and reliable transportation for over 500 clients affiliated with Merrick, Inc., PAI, and other partner organizations. By maximizing operational efficiencies, they aim to reduce expenses and maintain services, even in the face of anticipated decreased government reimbursement. Newtrax also fosters strategic collaborations, increasing each organization's potential to serve their respective clientele. In response to the COVID-19 pandemic, Newtrax expanded its services to include food distribution, addressing the needs of those in the community. The organization employs 103 individuals, working towards the collective goal of improving community health and well-being.


Official website here: www.newtrax.org

Is Newtrax Inc legitimate?

Newtrax Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newtrax 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.

Here are some key statistics you may want to consider:

Executive Compensation: $139,689
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,261,201

For more financial information, click here


Official website here: www.newtrax.org

What is the mission statement of Newtrax Inc?

Newtrax Inc's mission is to enhance the capabilities of its member organizations to accomplish their charitable goals more efficiently. This is achieved by ensuring safe, accessible, and reliable transportation, maximizing operational efficiencies, fostering strategic collaborations, and contributing to the community's well-being. In response to the COVID-19 pandemic, Newtrax expanded its services beyond traditional group transportation for adults with intellectual and developmental disabilities and seniors, providing food distribution to those in need. The organization has provided over 1,100 rides to its clients on approximately 250 days.


Official website here: www.newtrax.org

Who is the CEO of Newtrax Inc?

Mike Greenbaum is the Chair of Newtrax Inc.


Official website here: www.newtrax.org

What is the revenue of Newtrax Inc?

Newtrax Inc's revenue in 2022 was $4,771,410.


Official website here: www.newtrax.org

Who are the executives of Newtrax Inc and what are their salaries?

The average compensation at Newtrax Inc during 2022 was $23,310. There are 103 employees and 20 volunteers at Newtrax Inc.

Here are 6 key members and their salaries:

    Mike Greenbaum (Executive Director)
  • Compensation: $104,190
  • Related: $0
  • Other: $18,015

    • John Wayne Barker (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Miner (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cliff Hanson (Secretary/ Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristin Mahre (Member (Part Year)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Murphy (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newtrax.org

    Where can I find the form 990 for Newtrax Inc?

    The Newtrax Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newtrax.org

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

    Mission Statement of Newtrax Inc

    Newtrax Inc, a nonprofit organization, aims to amplify the charitable missions of its member organizations by enhancing their effectiveness and efficiency. This is achieved by fostering strategic collaborations that can maximize each organization's capacity to serve their respective clientele. By working together, Newtrax Inc contributes to the overall well-being of communities by reducing the number of vehicles on the road and minimizing vehicle emissions.

    Beyond its primary objectives, Newtrax Inc has shown its adaptability during the COVID-19 pandemic. The organization extended its services beyond its typical group transportation for individuals with intellectual and developmental disabilities and seniors. Newtrax Inc started offering food distribution to those in need, responding to the unique challenges posed by the pandemic. This initiative saw Newtrax Inc providing over 1,100 rides to clients on approximately 250 days.

    In summary, Newtrax Inc serves as a catalyst for growth and cooperation among its member organizations, empowering them to achieve their goals more effectively. By promoting strategic collaborations, they contribute to the betterment of communities while also addressing pressing needs during times of crisis.

    Impact

    This information is meant to be a general summary of Newtrax Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Newtrax Inc's impact can be seen in their efforts to ensure safe, accessible, and reliable transportation for over 500 clients of Merrick, Inc., PAI, and other partner organizations. They aim to maximize operational efficiencies to reduce expenses and stabilize services in anticipation of less government reimbursement. Additionally, Newtrax Inc develops strategic collaborations to increase the potential of each organization to deliver services to their respective clients. By reducing the number of vehicles congesting roads and vehicle emissions, Newtrax Inc contributes to the overall health and well-being of our communities.

    In response to the COVID-19 pandemic, Newtrax Inc expanded its services beyond group transportation for adults with intellectual and developmental disabilities and seniors to include food distribution to those in need, demonstrating their adaptability and commitment to serving the community. They have provided over 1,100 rides to clients on approximately 250 days, making a significant impact on the lives of those they serve.

    Through their mission to increase the potential of each member organization to advance their charitable mission more effectively and with greater efficiency, Newtrax Inc plays a vital role in the human services sector, improving the quality of life for individuals in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $93
  • Program Service Revenue: $4,307,977
  • Gross Receipts: $4,771,410

    • Assets and Liabilities:
  • Total Assets: $2,612,378
  • Total Liabilities: $414,073
  • Net Assets: $2,198,305
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TRANSPORTATION MEMBERS

    Revenue

    $3,445,747

    TRANSPORTATION - OTHER

    Revenue

    $578,353

    RENTAL INCOME

    Revenue

    $173,671

    ADMINISTRATIVE SERVICE

    Revenue

    $110,206

    Organization Details

    Founding Year

    2011

    Principal Officer

    Mike Greenbaum

    Main Address

    3700 HIGHWAY 61 NORTH 100, WHITE BEAR LAKE, MN, 55110

    NTEE Category

    Code: P52 - Human services

    If you are a representative of Newtrax Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.