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Newcap Inc.

Newcap Inc.

Oconto, WI 54153
Tax ID39-1050492

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About this organization

Revenue

$11,801,248

Expenses

$11,667,416

Website

newcap.org

Mission

To develop & provide resources for the purpose of assisting low-income individuals through a variety of programs throughout Northeast Wisconsin.

About

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 low-income homes. People who are deemed high-energy 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.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “Newcap, inc.'s mission is to move people from poverty to economic security and opportunities and improve communities.”.

When referring to its actions, they were outlined as: “To develop & provide resources for the purpose of assisting low-income individuals through a variety of programs throughout northeast wisconsin.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as WI.
  • The non-profit's address in 2020 is noted in the filing as 1201 MAIN STREET, OCONTO, WI, 54153.
  • The non-profit's form for 2020 reports a total of 103 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $133,832.
  • The organization has 24 independent voting members.
  • The organization was formed in 1965.
  • The organization pays $4,784,900 in salary, compensation, and benefits to its employees.
  • The organization pays $23,734 in fundraising expenses.

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