Newcap Inc is located in Green Bay, WI. The organization was established in 1966. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Newcap Inc employed 209 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newcap Inc 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 12/2023, Newcap Inc generated $19.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $21.3m during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOVE PEOPLE FROM POVERTY TO OPPORTUNITIES AND ECONOMIC SECURITY, WHILE ENHANCING COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING:WERA - WISCONSIN EMERGENCY RENTAL ASSISTANCE: PROVES UP TO 18 MONTHS OF ASSISTANCE WITH CURRENT OR OVERDUE BILLS TO HELP HOUSEHOLDS THAT HAVE BEEN IMPACTED BY THE COVID-19 PANDEMIC AVOID EVICTION. THE HOUSING AUTHORITY AND NEWCAP, WORKING WITH OTHER COMMUNITY AGENCIES, ASSIST THE FAMILY IN GETTING THESE SERVICES. A UNIQUE FEATURE OF THIS PROGRAM IS THAT WHEN A FAMILY'S EARNED INCOME GOES UP, INSTEAD OF MERELY REDUCING THE AMOUNT OF RENT ASSISTANCE THEY RECIEVE, AN AMOUNT EQUAL TO THE REDUCTION IN ASSISTANCE IS PLACED IN AN ESCROW SAVINGS ACCOUNT FOR HTE FAMILY. IF AND WHEN THE FAMILY COMPLETES THE PROGRAMS, THEY RECEIVE THE ENTIRE AMOUNT IN THIS ESCROW ACCOUNT, PLUS INTEREST, TO USE AS THEY CHOOSE.
COMMUNITY REVITALIZATION PROGRAM: THE OBJECTIVES IS TO PREVENT HAZARDOUS HEALTH CONDITIONS AND CODE VIOLATIONS, PREVENT BLIGHTED AND DETERIORATED PROPERTIES AND NEIGHBORHOODS, IMPROVE THE QUALITY OF HOUSING STOCK FOR LOW-MODERATE INCOME PERSONS, PROVIDE FINANCIAL ASSISTANCE TO LOW TO MODERATE PROPERTY OWNERS FOR HOUSING REHABILITATION, STIMULATE PUBLIC AND PRIVATE INVESTMENT IN TARGET AREAS OR NEIGHBORHOODS.
WEATHERIZATION: THE WEATHERIZATION PROGRAM IS FUNDED THROUGH THE STATE OF WISCONSIN WITH FUNDS FROM THE U.S. DEPARTMENT OF ENERGY, PUBLIC BENEFITS, AND WHEAP (WISCONSIN HOME ENERGY ASSISTANCE PROGRAM) TO ADDRESS MAJOR SOURCES OF HEAT LOSS IN LOWINCOME HOMES. PEOPLE WHO ARE DEEMED HIGHENERGY USERS BY THE STATE OF WISCONSIN, ACCORDING TO THE AMOUNT OF ENERGY ASSISTANCE THE FAMILY RECEIVES, ARE FIRST PRIORITY FOR WEATHERIZATION. CLIENTS ARE CONTACTED BY AN ENERGY AUDITOR, WHO DETERMINES WHAT WORK NEEDS TO BE DONE TO THE HOME. AFTER THE AUDIT, A CREW WILL GO TO THE HOME AND ACTUALLY PERFORM THE WORK PRESCRIBED BY THE AUDIT UNDER THE CAREFUL SUPERVISION OF A FIELD COORDINATOR. SUCH WORK MAY INCLUDE INSULATING, WORKING ON ATTICS AND SIDEWALKS, AND REPLACING FURNACES, WATER HEATERS, ETC.
COMMUNITY HEALTH SERVICES: PROVIDES REPRODUCTIVE AND HEALTHCARE SERVICES FOR MALES AND FEMALES, INCLUDING CLINICAL EXAMS, CONTRACEPTION EDUCATION AND PRESCRIPTIONS, EMERGENCY CONTRACEPTION, PREGNANCY TESTING AND COUNSELING, STD AND HIV TESTING AND COUNSELING, AND OTHER REPRODUCTIVE HEALTHCARE SERVICES. OUR CLINICS PROVIDE LOW-COST AND NO-COST HEALTH COVERAGE OPTIONS, AND ALL SERVICES ARE CONFIDENTIAL, INCLUDING SERVICES TO ADOLESCENTS. WE DELIVER A WIDE RANGE OF ACUTE, CHRONIC AND PREVENTATIVE MEDICAL SERVICES TO OPTIMIZE HEALTH AND WELL- BEING. ALL OF OUR CLINICS NOW OFFER FAMILY PRACTICE AND BASIC CHRONIC HEALTHCARE FOR THOSE AGES ONE TO ADULT. INCLDING ADULT AND CHILD WELLNESS EXAMS; UNCOMPLICATED DIABETES, HYPERTENSION, EAR, NOSE, AND THROAT INFECTIONS, URINARY TRACT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandy Polarek Board Chairperson | OfficerTrustee | 1 | $0 |
Brandon Cacek Board Vice Chairperson | OfficerTrustee | 1 | $0 |
Tom Sieber Secretary | OfficerTrustee | 1 | $0 |
Jim Genrich Treasurer | OfficerTrustee | 1 | $0 |
Barb Dorff Director | Trustee | 1 | $0 |
Carrie Rouse Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jj Heating & Cooling Furnace Program Contractor | 12/30/23 | $486,801 |
Vantagepoint Properties Llc Cv Housing Programs | 12/30/23 | $439,258 |
Richard's Heating & Cooling Inc Weatherization Contractor | 12/30/23 | $426,388 |
Asr Hospitality & Management Providing Habitable & Safe Living Enviro | 12/30/23 | $350,000 |
Dart Colorado Llc Youth Homelessness Vehicle | 12/30/23 | $338,234 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $18,385,246 |
All other contributions, gifts, grants, and similar amounts not included above | $4,013 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $18,389,259 |
Total Program Service Revenue | $857,639 |
Investment income | $0 |
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 | $19,254,268 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $6,511,583 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $731,735 |
Compensation of current officers, directors, key employees. | $109,409 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,154,059 |
Pension plan accruals and contributions | $175,346 |
Other employee benefits | $1,223,181 |
Payroll taxes | $509,814 |
Fees for services: Management | $0 |
Fees for services: Legal | $49,157 |
Fees for services: Accounting | $84,586 |
Fees for services: Lobbying | $71,655 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $360,947 |
Advertising and promotion | $61,371 |
Office expenses | $2,320,270 |
Information technology | $479,717 |
Royalties | $0 |
Occupancy | $1,151,098 |
Travel | $109,385 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $129,562 |
Interest | $88,533 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $363,173 |
Insurance | $167,302 |
All other expenses | $89,963 |
Total functional expenses | $21,291,949 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $504,700 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,552,003 |
Accounts receivable, net | $42,669 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $222,094 |
Prepaid expenses and deferred charges | $23,866 |
Net Land, buildings, and equipment | $6,076,728 |
Investments—publicly traded securities | $0 |
Investments—other securities | $919,002 |
Investments—program-related | $4,218,157 |
Intangible assets | $0 |
Other assets | $3,556,842 |
Total assets | $17,116,061 |
Accounts payable and accrued expenses | $851,671 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $15,444 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,009,466 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,449,533 |
Total liabilities | $9,326,114 |
Net assets without donor restrictions | $3,487,258 |
Net assets with donor restrictions | $4,302,689 |
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 | $17,116,061 |
Over the last fiscal year, Newcap Inc has awarded $145,175 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
DOMESTIC ABUSE SUPPORT CENTER OF SHAWANO COUNTY INC PURPOSE: PROGRAM SUPPORT | $18,345 |
ADVOCATES FOR VICTIMS OF DOMESTIC AND SEXUAL ABUSE IN LANGLADE COUNTY INC PURPOSE: PROGRAM SUPPORT | $9,858 |
NORTHWOODS ALLIANCE FOR TEMPORARY HOUSING INC PURPOSE: PROGRAM SUPPORT | $10,498 |
RAINBOW HOUSE DOMESTIC ABUSE SERVICES INC PURPOSE: PROGRAM SUPPORT | $5,647 |
GOODWILL INDUSTRIES OF NORTHERN WISCONSIN AND UPPER MICHIGAN INC PURPOSE: PROGRAM SUPPORT | $100,827 |