New Life Mission
- Assets
- $527.1k
- Revenue
- $517.3k
- Investments
- $0.0
- Employees
- 14
- Location
- Bangor, ME
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 01-0451441
Organization Overview
New Life Mission is located in Bangor, ME. The organization was established in 1990. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, New Life Mission employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life Mission is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Life Mission generated $517.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $584.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A MENTAL HEALTH AGENCY TO HELP THE ECONOMICALLY DISADVANTAGED AND THE GENERAL PUBLIC WITH PSYCHOPATHOLOGIES, POSITIVE ORIENTATION, RELIEF OF EXCESS STRESS AND IMPROVED FUNCTIONING THROUGH OUTPATIENT AND IN-HOME HABILITATIVE COUNSELING, PSYCHOTHERAPY AND PSYCHOANALYSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MENTAL HEALTH AGENCY TO HELP THE ECONOMICALLY DISADVANTAGED AND THE GENERAL PUBLIC WITH PSYCHOPATHOLOGIES, POSITIVE ORIENTATION, RELIEF OF EXCESS STRESS AND IMPROVED FUNCTIONING THROUGH OUTPATIENT AND IN-HOME HABILITATIVE COUNSELING, PSYCHOTHERAPHY AND PSYCHOANALYSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Oliver PHD President | OfficerTrustee | 40 | $44,100 |
Alston Oliver Former Director | 1 | $42,700 | |
Lisa Cote Treasurer | OfficerTrustee | 10 | $8,719 |
Dr Byron Lyons Chairman | OfficerTrustee | 1 | $0 |
Ruth Sawler Director | Trustee | 1 | $0 |
Stephanie Frost Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $517,245 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $517,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $16,100 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,819 |
| Compensation of current officers, directors, key employees. | $52,819 |
| Compensation to disqualified persons | $42,700 |
| Other salaries and wages | $325,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,455 |
| Office expenses | $2,565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,704 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,219 |
| Insurance | $12,405 |
| All other expenses | $9,579 |
| Total functional expenses | $584,807 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,014 |
| Savings and temporary cash investments | $34,940 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,318 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $248,861 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $527,133 |
| Accounts payable and accrued expenses | $2,033 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $65,092 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $67,125 |
| Net assets without donor restrictions | $460,008 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $527,133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ved Vignan Mahavidyapeeth Nashua, NH | $46,849,489 | $7,938,008 |
New Life Mission Bangor, ME | $527,133 | $517,266 |
Mount Washington Valley Supports Recovery Coalition Intervale, NH | $268,138 | $231,927 |
Wabanaki Womens Coalition Orono, ME | $190,253 | $225,880 |
Satya Seacoast Area Teachers Of Yoga In Action Inc Greenland, NH | $87,224 | $0 |
Personal Responsibility Organization Hooksett, NH | $9,041 | $0 |
Maine Transgender Network Inc Portland, ME | $9,182 | $0 |
General Service Area 28 Bangor, ME | $28,070 | $0 |
Physicians For Social Responsibility Inc Portland, ME | $60,159 | $0 |
Southport Island Association Southport, ME | $103,288 | $0 |
One Community Many Voices Inc Rockland, ME | $14,114 | $0 |
Caleb Interfaith Volunteer Caregivers Inc Whitefield, NH | $17,874 | $0 |