Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 04-3447828

NEW ECOLOGY INC

Also known as EDWARD CONNELLY

Tax-exempt · BOSTON, MA 02110

Financials

$8M$8.2M2023$9.9M$7.8M2024
Revenue Expenses · by fiscal year end
Financials of NEW ECOLOGY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$9,921,899$7,845,234$2,076,665$6,288,080$2,721,778$3,566,302
December 31, 2023990$8,012,772$8,203,358-$190,586$5,130,564$3,640,927$1,489,637
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,546,576
Program service revenue
$5,327,764
Investment income
$34,728
Other revenue
$12,831

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$335,579
Other salaries and wages
$4,884,977
Salaries, compensation and benefits (total)
$6,401,935
Professional fundraising fees
$0
Occupancy
$387,615
Travel
$100,488
Depreciation
$21,025
Program services (functional)
$7,272,489
Management and general (functional)
$572,745

Balance sheet and other

Total assets, start of year
$5,130,564
Total assets, end of year
$6,288,080
Total liabilities, end of year
$2,721,778
Net assets, end of year
$3,566,302
Land, buildings and equipment
$66,734
Net assets without donor restrictions
$2,134,158
Net assets with donor restrictions
$1,432,144
Gross receipts
$9,921,899
Employees
70
Volunteers
0
Year formed
1999
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KIM STEVENSONCLERK / CEO
Trustee or director, Officer
40$181,376
STACY NEALCOO
Key employee
40$154,203
LAURIE ELDREDGEPRINCIPAL DIRECTOR
Highest-paid employee
40$137,139
MARTHA JOSTENPRINCIPAL DIRECTOR
Highest-paid employee
40$133,295
ASHLEY WISSEDIRECTOR, GREEN BLDG
Highest-paid employee
40$127,006
REBECCA L REGANTREASURER
Trustee or director, Officer
2$0
PETER LOWITTCHAIRMAN
Trustee or director, Officer
2$0
JOSH COHENDIRECTOR
Trustee or director
2$0
KARI HEWITTDIRECTOR
Trustee or director
2$0
LINDSEY SANDSDIRECTOR
Trustee or director
2$0
BILL SHUTKINDIRECTOR EMERITUS
Trustee or director
0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
EDWARD F CONNELLYPRESIDENT/SECRETARY
Trustee or director, Officer
40$173,156
STACY NEALCOO
Highest-paid employee
40$161,947
JOSHUA SKLARSKYCTO
Highest-paid employee
40$148,959
LAURIE ELDREDGEPRINCIPAL DIRECTOR
Highest-paid employee
40$139,110
MARTHA JOSTENPRINCIPAL DIRECTOR
Highest-paid employee
40$137,536
STEVEN MCCARTHYDIRECTOR
Highest-paid employee
40$134,700
REBECCA L REGANTREASURER
Trustee or director, Officer
2$0
PETER LOWITTCHAIRMAN
Trustee or director, Officer
2$0
JOSH COHENDIRECTOR
Trustee or director
2$0
KARI HEWITTDIRECTOR
Trustee or director
2$0
LINDSEY SANDSDIRECTOR
Trustee or director
2$0
BILL SHUTKINDIRECTOR EMERITUS
Trustee or director
0$0

Address and contacts

Address (IRS master file)
45 FRANKLIN ST 4TH FL, BOSTON, MA 02110-1334
In care of
% WILLIAM SHUTKIN
Principal officer (990 for 2024)
KIM STEVENSON, 294 WASHINGTON STREET SUITE 830, BOSTON, MA 02108
Signed the 990
KIM STEVENSON, CEO
Phone
(617) 557-1700
Return prepared by
RAFFOL AND COMPANY INC

Mission

SEE SCHEDULE "O"NEW ECOLOGY ADDRESSES GLOBAL ENVIRONMENTAL ISSUES BY BRINGING THE BENEFITS OF SUSTAINABLE DEVELOPMENT TO THE COMMUNITY LEVEL WITH A CONCERTED EMPHASIS ON EQUITY. WE MAKE THE BUILT ENVIRONMENT MORE EFFICIENT, HEALTHY, AND RESILIENT BY ADVANCING SUSTAINABLE PRACTICES, ENSURING ACCESSIBLE, AFFORDABLE, AND HEALTHY ENVIRONMENTS IN WHICH TO LIVE AND WORK.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE "O".NEI CONDUCTS THE FOLLOWING ACTIVITIES:GREEN BUILDING SERVICESNEI ADVANCES THE IMPACT OF SUSTAINABLE DEVELOPMENT IN AFFORDABLE MULTIFAMILY HOUSING BY HELPING DEVELOPERS AND THEIR TEAMS RENOVATE OR CONSTRUCT MULTIFAMILY AFFORDABLE HOUSING, MIXED-USE BUILDINGS AND SMALL COMMERCIAL BUILDINGS THAT ARE HEALTHY, AFFORDABLE, DURABLE, RESILIENT, AND ENERGY EFFICIENT.EXISTING BUILDING DECARBONIZATIONNEI TRANSFORMS EXISTING HOUSING STOCK BY WORKING WITH OWNERS AND OPERATORS OF EXISTING BUILDINGS TO DECARBONIZE AND ELECTRIFY, REDUCING CLIMATE IMPACTS, ASSURING COMPLIANCE WITH REGULATIONS AND IMPROVING RESILIENCE IN MULTIFAMILY AFFORDABLE HOUSING AND SMALL COMMERCIAL BUILDINGS.CLIMATE SMART COMMUNITIESNEI SUPPORTS COMMUNITY-BASED PARTNERS IN THE NATURALLY OCCURRING AFFORDABLE HOUSING (NOAH) SECTOR THROUGH THE DELIVERY OF TECHNICAL ASSISTANCE AND PROGRAMS THAT DELIVER HIGH-PERFORMANCE, CLIMATE READY, HEALTHY HOUSING AND COMMUNITY REVITALIZATION.RESEARCH AND DEVELOPMENTNEI INNOVATES AND CREATES NEW OPPORTUNITIES FOR TECHNOLOGIES, PROCESSES, AND APPROACHES THAT CAN MAKE SUSTAINABLE DEVELOPMENT IN THE BUILT ENVIRONMENT MORE ACCESSIBLE, COST-EFFECTIVE, EFFICIENT, AND IMPACTFUL.
    Expenses $7,272,489 · revenue $5,375,323
  • N/A

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3447828
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C010)
Assets (IRS master file)
$6,288,080
Income (IRS master file)
$9,921,899

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,921,899$7,845,234$6,288,080XML
990December 2023$8,012,772$8,203,358$5,130,564XML
990December 2022$6,902,221$6,895,988$4,068,171IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3447828).

Questions about NEW ECOLOGY INC

What is the EIN of NEW ECOLOGY INC?
The employer identification number (EIN) of NEW ECOLOGY INC is 04-3447828.
Is NEW ECOLOGY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to NEW ECOLOGY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW ECOLOGY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEW ECOLOGY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW ECOLOGY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW ECOLOGY INC?
The 990 for the year ended December 31, 2024 names KIM STEVENSON.
Who are the officers and directors of NEW ECOLOGY INC?
The 990 for the year ended December 31, 2024 lists 11 people; 5 received compensation from the organization, the highest $181,376 (KIM STEVENSON, CLERK / CEO).
How much revenue does NEW ECOLOGY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,921,899, expenses of $7,845,234 and total assets of $6,288,080 at year end.

Other nonprofits in BOSTON

All nonprofits in BOSTON · Massachusetts · Environment