New Vision Renewable Energy Inc

Organization Overview

New Vision Renewable Energy Inc is located in Philippi, WV. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Vision Renewable Energy 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 12/2021, New Vision Renewable Energy Inc generated $333.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $198.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO OPTIMIZE RENEWABLE ENERGY AS A TOOL FOR ECONOMIC, HUMAN AND COMMUNITY TRANSFORMATION. TO EQUIP LOW AND MODERATE INCOME INDIVIDUALS, FAMILIES AND COMMUNITIES THROUGH EDUCATION, SKILL TRAINING, SUSTAINABLE MICRO AND SMALL SCALE LOANS AND COPPERATIVE ENTERPRISE, TO TRANSFORM THEIR COMMUNITY BY WORKING TOGETHER TO FABRICATE, INSTALL AND SERVICE RENEWABLE ENERGY SYSTEMS TO REPOWER THEIR HOMES AND COMMUNITY FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OPTIMIZE RENEWABLE ENERGY AS A TOOL FOR ECONOMIC, HUMAN AND COMMUNITY TRANSFORMATION. TO EQUIP LOW AND MODERATE INCOME INDIVIDUALS, FAMILIES AND COMMUNITIES THROUGH EDUCATION, SKILL TRAINING, SUSTAINABLE MICRO AND SMALL SCALE LOANS AND COPPERATIVE ENTERPRISE, TO TRANSFORM THEIR COMMUNITY BY WORKING TOGETHER TO FABRICATE, INSTALL AND SERVICE RENEWABLE ENERGY SYSTEMS TO REPOWER THEIR HOMES AND COMMUNITY FACILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Weaver
Treasurer
$0
Lara Foster
Secretary
$0
Chris Dodge
President
$0
John Prusa
Member
$0
Anne Derby
Member
$0
Stephen Iwunor
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,370
Fundraising events$0
Related organizations$0
Government grants $146,112
All other contributions, gifts, grants, and similar amounts not included above$180,567
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$332,049
Total Program Service Revenue$1,337
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 $333,386

Grants Recieved

Over the last fiscal year, we have identified 7 grants that New Vision Renewable Energy Inc has recieved totaling $54,570.

Awarding OrganizationAmount
Bernard Mcdonough Foundation Inc

Parkerburg, WV

PURPOSE: PROGRAM SUPPORT AND/OR OPERATING SUP

$15,000
Tucker Community Foundation

Parsons, WV

PURPOSE: GENERAL SUPPORT

$13,372
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$10,500
Daywood Foundation Inc

Charleston, WV

PURPOSE: NEW HVAC SYSTEM

$7,460
Green Canoe Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT IN MEMORY OF MARY DRIDI

$5,000
Pallottine Foundation Of Buckhannon West Virginia

Buckhannon, WV

PURPOSE: TO SUPPORT THE HEALTHY COMMUNITIES PROGRAM.

$3,200
View Grant Recipient Profile

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