Community Opportunities Inc
- Assets
- $7.4m
- Revenue
- $16.3m
- Investments
- $0.0
- Employees
- 149
- Location
- Carroll, IA
- Founding
- 08/1967
- Data as of
- 09/2021
- EIN
- 42-0923412
Organization Overview
Community Opportunities Inc, operating under the name New Opportunities Inc, is located in Carroll, IA. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2021, New Opportunities Inc employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Opportunities 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 09/2021, New Opportunities Inc generated $16.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $14.0m during the year ending 09/2021. While expenses have increased by 6.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF VARIOUS FEDERAL, STATE, LOCAL FUNDED AND FEE BASED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAD START / EARLY HEAD START - PROVIDES A COMPREHENSIVE DEVELOPMENT PROGRAM FOR CHILDREN AGES ZERO TO FIVE YEARS OLD, SUBSTANTIALLY ALL OF WHOM COME FROM LOW-INCOME FAMILIES.
LOW-INCOME HOME ENERGY ASSISTANCE PROGRAM (LIHEAP) - PROVIDES ASSISTANCE TO QUALIFYING LOW-INCOME HOUSEHOLDS IN PAYING THEIR ENERGY COSTS.
SUBSTANCE ABUSE TREATMENT - PROVIDES COUNSELING, ASSESSMENT AND REFERRAL SERVICES FOR ADULTS AND ADOLESCENTS EXPERIENCING PROBLEMS IN THEIR LIFE DUE TO SUBSTANCE USE OR PROBLEM GAMBLING. COUNSELING IS AVAILABLE ON AN INDIVIDUAL OR GROUP BASIS AND IS ALSO AVAILABLE TO FAMILY MEMBERS AND/OR FRIENDS. ALL SERVICES ARE PROVIDED BY PROFESSIONALLY TRAINED AND CERTIFIED STAFF IN A CONFIDENTIAL SETTING.
VARIOUS OTHER PROGRAMS INCLUDING: CACFP, CSBG, COUNTRY OUTREACH, WIC, CHILD HEALTH, DENTAL HEALTH, MATERNAL HEALTH, FAMILY PLANNING, HAWK-I, I-SMILE, 1ST FIVE, LIHWAP, WEATHERIZATION, SUBSTANCE ABUSE PREVENTION, AND VARIOUS OTHER SMALL PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Jensen Chief Executive Officer | Officer | 40 | $136,777 |
Sheri Mertz Chief Financial Officer | Officer | 40 | $101,630 |
Carl Legore Director - Vice President | OfficerTrustee | 1 | $0 |
Eugene Meiners Director - President | OfficerTrustee | 5 | $0 |
Terry Striegel Director - Secretary | OfficerTrustee | 1 | $0 |
Carolyn Masters Director - Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heuton Construction Llc 10th St. Bldg Contractor | 9/29/21 | $235,047 |
S&k Insulation Services Weatherization Contractor | 9/29/21 | $160,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,308,163 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,612,242 |
| Total Program Service Revenue | $2,560,288 |
| Investment income | $1,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $169,331 |
| 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 | $16,342,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,383,734 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $238,407 |
| Compensation of current officers, directors, key employees. | $238,407 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,455,477 |
| Pension plan accruals and contributions | $67,916 |
| Other employee benefits | $1,257,719 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,027 |
| Office expenses | $782,023 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $276,994 |
| Travel | $60,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,509 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $277,583 |
| Insurance | $50,470 |
| All other expenses | $0 |
| Total functional expenses | $14,047,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $591,517 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,421,398 |
| Accounts receivable, net | $81,564 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,197 |
| Prepaid expenses and deferred charges | $100,517 |
| Net Land, buildings, and equipment | $5,146,143 |
| Investments—publicly traded securities | $26,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,341 |
| Total assets | $7,403,210 |
| Accounts payable and accrued expenses | $255,921 |
| Grants payable | $0 |
| Deferred revenue | $1,181,149 |
| 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 | $720,526 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $336,250 |
| Total liabilities | $2,493,846 |
| Net assets without donor restrictions | $1,298,869 |
| Net assets with donor restrictions | $3,610,495 |
| 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 | $7,403,210 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Community Opportunities Inc has recieved totaling $50,315.
| Awarding Organization | Amount |
|---|---|
United Way Of Central Iowa Des Moines, IA PURPOSE: DALLAS COUNTY FAMILY DEVELOPMENT CENTER, FOUR CORNERSTONES FINANCIAL EDUCATION, AND COVID SUPPORT | $25,000 |
Iowa Association Of Community Action Directors Des Moines, IA PURPOSE: FUNDING TO HELP LOW INCOME IOWANS | $24,920 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $395 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ada S Mckinley Community Services Inc Chicago, IL | $17,309,260 | $43,710,701 |
Christian Social Service Of Illinois Belleville, IL | $18,359,176 | $39,517,456 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
Chicago Commons Association Chicago, IL | $18,778,773 | $34,368,248 |
Ozarks Area Community Action Corporation Springfield, MO | $15,052,637 | $33,091,507 |
Society Of St Vincent De Paul Archdiocesan Council Of St Louis St Louis, MO | $15,064,810 | $27,830,110 |
Alexian Brothers Community Services St Louis, MO | $48,381,445 | $31,662,164 |
C E F S Economic Opportunity Corp Effingham, IL | $10,444,173 | $26,100,830 |
Innovative Services Inc Green Bay, WI | $4,761,789 | $25,201,501 |
Lutheran Social Services Of South Dakota Sioux Falls, SD | $22,221,819 | $25,937,236 |
Project For Pride In Living Inc Minneapolis, MN | $29,922,760 | $30,071,909 |