NVME 2022 Annual Report

Program Summary 2022 In fiscal year 2022 we provided training and/or individual assistance to 1,371 Maine adults, reaching people in all 16 counties.

Financial Summary 2022 Our 2022 fiscal year budget of $1,932,362 was allocated as follows:

Federal $102,672

SOURCES OF FUNDS 2022

Other Sources $186,449

SERVICES PROVIDED

State $1,212,924

1,173

Training attendees

Federal $102,672

333

Persons receiving individual assistance

Other Sources $186,449

925

Students attending Totally Trades conferences

State $1,212,924

Grants $430,317

DEMOGRAPHIC PROFILE OF PARTICIPANTS*

Income From households at/below 200% of HHS poverty

62.6%

37.4%

From households above 200% of HHS poverty

Grants $430,317

Gender Women

80%

19%

Men

1%

Non-binary

USES OF FUNDS 2022

Age

29%

Under 35

49%

35-54

Communications $20,938

22%

55+

Indirect Costs $38,657

Supplies/Materials $15,433

Education Did not complete HS

Facilities/Equipment Technology $49,781

Travel/Staff Development $8,306

7%

37.5%

HS Diploma, HiSET or GED

Communications $20,938

Indirect Costs $38,657 Supportive Services/Grants $75,868

10%

Associate’s Degree

Supplies/Materials $15,433

3.5%

Trade School Certificate

Facilities/Equipment Technology $49,781 Grants/Cash Forward $437,488

Travel/Staff Development $8,306

42%

Bachelor’s Degree or higher

Supportive Services/Grants $75,868

Work Unemployed

33%

62%

Employed or self-employed

Grants/Cash Forward $437,488

5%

Retired or semi-retired

Staffing $1,285,891

* derived from registration data obtained from 920 participants

Staffing $1,285,891

New Ventures Maine is a statewide program of the University of Maine at Augusta, University of Maine System, an equal opportunity/affirmative action institution.

NVME/UMA, 46 University Drive, Augusta, Maine 04330 | newventuresmaine.org

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