Overview
What is Newcap Inc?
Newcap Inc, a Green Bay, Wisconsin-based nonprofit organization, is dedicated to providing financial assistance for housing expenses to those in need during the COVID-19 pandemic. Through the Emergency Rental Assistance Grant, Newcap has distributed millions of dollars, preventing numerous evictions and helping clients with rent, energy costs, and related housing expenses. Their Community Commitment to Ending Homelessness (Coc Programs) focuses on rehousing eligible homeless individuals and families, minimizing the trauma of homelessness, and optimizing self-sufficiency. Newcap's mission is to move people from poverty to opportunities and economic security, while also contributing to community development. Their team consists of 215 employees working towards these goals.
Official website here: www.newcap.org
Is Newcap Inc legitimate?
Newcap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newcap 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: $605,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,209,470
For more financial information, click here
Official website here: www.newcap.org
What is the mission statement of Newcap Inc?
Newcap Inc is dedicated to helping people transition from poverty to opportunities and economic security, all while enhancing community development. Their mission is geared toward moving individuals and families from economically vulnerable situations, providing essential support in various areas. Throughout the COVID-19 pandemic, Newcap Inc has distributed millions of dollars in emergency rental assistance grants to support households unable to pay rent, housing expenses, and other related costs. This aid has prevented numerous evictions and ensured a more stable living situation for many. Committed to ending homelessness, Newcap Inc's Community and Continuum of Care (CoC) programs aim to promote a communitywide commitment to this goal. The organization rapidly houses eligible homeless individuals and families, minimizing the trauma and dislocation for those experiencing homelessness. Additionally, Newcap Inc strives to optimize self-sufficiency for individuals and families, fostering a path toward economic independence.
Official website here: www.newcap.org
Who is the CEO of Newcap Inc?
Cheryl Detrick is the Chief Executive Officer of Newcap Inc. The CEO's salary of Newcap Inc is $296,800 and their total compensation is $324,150.
Official website here: www.newcap.org
What is the revenue of Newcap Inc?
Who are the executives of Newcap Inc and what are their salaries?
The average compensation at Newcap Inc during 2022 was $31,696. There are 215 employees and 88 volunteers at Newcap Inc.
Here are 22 key members and their salaries (Newcap Inc's CEO's salary is $296,800 and their total compensation is $324,150):
- Cheryl Detrick (Chief Executive Officer)
- Deb Barlament (Assistant Executive Officer)
- Cathy Hoeft (Chief Financial Officer)
- Russel Brock (Board Chairperson) [Trustee/Director]
- Diane Nichols (Vice Chairperson) [Trustee/Director]
- Tom Sieber (Secretary) [Trustee/Director]
- Jim Genrich (Treasurer) [Trustee/Director]
- Brandon Cacek (Director)
- Carrie Rouse (Director)
- Caylor Dill (Director)
- Cynthia Nichols (Director)
- Daisy Lester (Director)
- Holly Clark (Director)
- Jill Krueger (Director)
- Larry Berg (Director)
- Lindsey Mueller (Director)
- Marie Dillinger (Director)
- Norman Shawanokasic (Director)
- Paul Grinde (Director)
- Sandy Polarek (Director)
- Steven Berg (Director)
- Tina Duke (Director)
Official website here: www.newcap.org
Where can I find the form 990 for Newcap Inc?
The Newcap Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.newcap.org
Learn more at the official website: www.newcap.org
Mission Statement of Newcap Inc
Newcap Inc, a renowned nonprofit organization, is dedicated to moving individuals from poverty to opportunities and economic security, all while enhancing community development. In pursuit of this mission, Newcap has made significant strides in providing essential support during the COVID-19 pandemic.
During this challenging time, Newcap has distributed millions of dollars through the Emergency Rental Assistance Grant. This vital funding has assisted numerous households struggling to pay rent, home energy costs, and other housing-related expenses. By offering up to 18 months of assistance, Newcap has been instrumental in preventing evictions and promoting stability for those in need.
Newcap's commitment to ending homelessness is further demonstrated through its Community of Care (Coc) Programs. These initiatives aim to quickly rehouse eligible homeless individuals and families, minimizing the trauma and dislocation associated with homelessness. Moreover, by optimizing self-sufficiency for those experiencing homelessness, Newcap strives to foster long-term economic security and improve the lives of the most vulnerable members of society.
Impact
This information is meant to be a general summary of Newcap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Newcap Inc has a significant impact in Green Bay, Wisconsin, by helping to move people from poverty to opportunities and economic security while enhancing community development. Through initiatives like the Emergency Rental Assistance grant, Newcap has provided millions of dollars to support households unable to pay rent and other housing-related expenses during the COVID-19 pandemic. This assistance has prevented many evictions and allowed eligible households to receive up to 18 months of support. Additionally, Newcap's Continuum of Care programs aim to rapidly rehouse homeless individuals and families, minimizing trauma and displacement while promoting self-sufficiency. Overall, Newcap Inc's mission-driven efforts in human services have a tangible and positive impact on the community by addressing housing insecurity and supporting individuals in need.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH AND WELFARE REVENUE
Revenue
$729,391
HOUSING REVENUE
Revenue
$583,860
COMMUNITY SERVICES REVENUE
Revenue
$307,541
WEATHERIZATION REVENUE
Revenue
$1,765
Organization Details
Founding Year
1965
Phone
(920) 834-4621
Principal Officer
Cheryl Detrick
Main Address
1540 CAPITOL DR, GREEN BAY, WI, 54303
Website
www.newcap.org
NTEE Category
Code: P80 - Human services
If you are a representative of Newcap 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.