2022-09-15T07:49:05-05:00 2021-10-31 111986323 MARCUM LLP 555 LONG WHARF DRIVE NEW HAVEN CT 06511 990 2020-11-01 066071847 NEW OPPORTUNITIES INC NEWO 2035759799 232 NORTH ELM STREET WATERBURY CT 06702 WILLIAM RYBCZYK PRESIDENT 2035759799 2022-09-14 1 WILLIAM RYBCZYK 999009999 CATHIANN BELLARD P01314856 2037819600 2 AAL1 IAL1 2020 2023-04-26 12:10:37Z MR WILLIAM RYBCZYK 232 NORTH ELM STREET WATERBURY CT 06702 43840989 0 X WWW.NEWOPPINC.ORG X 1964 CT TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS. 15 15 418 237 0 0 35353913 42084549 1411930 1368079 1700 69719 355701 279174 37123244 43801521 18820495 24976545 0 0 10495405 10692004 0 0 0 6002280 6078478 35318180 41747027 1805064 2054494 8781118 9496860 11015529 9676777 -2234411 -179917 X TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING THE NECESSARY RESOURCES TO INCREASE THEIR STANDARD OF LIVING, FOSTER SELF IMPROVEMENT, AND TO MAXIMIZE SELF EMPOWERMENT. 0 0 26008216 23378675 323870 ENERGY PROGRAMS INCLUDE CONNECTICUT ENERGY ASSISTANCE PROGRAM AND WEATHERIZATION SERVICES. CONNECTICUT ENERGY ASSISTANCE PROVIDES HEAT ASSISTANCE FOR LOW-INCOME RENTERS AND HOMEOWNERS. 42,779 PEOPLE RECEIVED ASSISTANCE WITH THEIR UTILITIES BILLS UNDER CONNECTICUT ENERGY ASSISTANCE PROGRAM. WEATHERIZATION SERVICES PROVIDE HELP TO HOUSEHOLDS TO DECREASE ENERGY CONSUMPTION. 450 HOUSEHOLDS WERE ABLE TO DECREASE THEIR HOME ENERGY CONSUMPTION BY USING WEATHERIZATION SERVICES. 3667655 344045 208877 ELDERLY: ELDERLY PROGRAM INCLUDES NUTRITIONAL SERVICES BY PROVIDING HOT MEALS TO SENIOR CITIZENS AND HOMECARE SERVICES, INCLUDING RETIRED SENIOR VOLUNTARY PROGRAM, FOSTER GRANDPARENT PROGRAM, SENIOR COMPANION PROGRAM AND OTHERS. 2,885 SENIOR INDIVIDUALS RECEIVED PREPARED MEALS DURING THE YEAR AND 2,885 INDIVIDUALS/FAMILIES RECEIVED FOOD DURING THE YEAR. 4559977 651189 488585 COMMUNITY SERVICES: COMMUNITY SERVICES PROVIDES THERAPEUTIC SERVICES FOR FOSTER CHILDREN, WORK READINESS ASSISTANCE, EMPLOYMENT TRAINING, AND CASE MANAGEMENT SERVICES FOR LOW-INCOME INDIVIDUALS. 569 LOW-INCOME PEOPLE RECEIVED ACADEMIC OR EMPLOYMENT TRAINING. ALSO, 4,360 INDIVIDUALS RECEIVED CASE MANAGEMENT SERVICES. 2882770 452223 214656 HOUSING: HOUSING PROGRAMS INCLUDE EMERGENCY SHELTERS, PERMANENT HOUSING, RAPID REHOUSING, AND JUSTICE PROGRAM PROVIDING ALTERNATIVE HOUSING FOR INDIVIDUALS PROGRESSING THROUGH THE JUDICIAL SYSTEM. 850 LOW-INCOME INDIVIDUALS/FAMILIES RECEIVED ASSISTANCE IN OBTAINING ADEQUATE, SAFE, AND AFFORDABLE HOUSING. 2577885 150414 393548 EARLY CHILDCARE: EARLY CHILDCARE PROGRAM PROVIDES DAYCARE SERVICES TO CHILDREN WHOSE PARENTS WORK. 269 CHILDREN AGES 0 TO 4 YEAR OLD WERE PROVIDED DAYCARE SERVICES DURING THE YEAR. 5460655 602637 608204 39696503 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 140 0 1 418 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X MARK KOVITCH 2035759799 232 NORTH ELM STREET WATERBURY CT 06702 DORA BENNETT DIRECTOR 1.00 X 0 0 0 MARY CONKLIN DIRECTOR 1.00 X 0 0 0 DENEEN FRYER DIRECTOR 1.00 X 0 0 0 MELISSA GREEN DIRECTOR 1.00 X 0 0 0 CHARLES HOFFLER TREASURER 1.00 X X 0 0 0 DR EDDIE JOYCE DIRECTOR 1.00 X 0 0 0 VICTOR LOPEZ DIRECTOR 1.00 X 0 0 0 BELINDA WEAVER DIRECTOR 1.00 X 0 0 0 JOYCE KENNEDY-JONES VICE CHAIRPERSON 1.00 X X 0 0 0 RACHEL PEREZ CHAIRPERSON 1.00 X X 0 0 0 MARITZA RIVERA SECRETARY 1.00 X X 0 0 0 GAYLYNN HADLEY DIRECTOR 1.00 X 0 0 0 JOHN DAVIS DIRECTOR 1.00 X 0 0 0 MICHELE SAAVEDRA-SLA PPEY DIRECTOR 1.00 X 0 0 0 ROSA CARLASCIO DIRECTOR 1.00 X 0 0 0 JAMES H GATLING PHD PRESIDENT/CEO (THRU 4/1/2021) 35.00 X 312175 0 30121 TONI HIRST CHIEF ADMIN OFFICER 40.00 X 192027 0 7675 WILLIAM RYBCZYK PRESIDENT/CEO (START 4/1/2021) 40.00 X 131760 0 6793 MARK E KOVITCH CPA CFO 40.00 X 125251 0 12775 JOANNE BALASCHAK DIR ENERGY SERVICES 40.00 X 141135 0 5337 PATRICIA DONOVAN DIRECTOR OF HUMAN RESOURCE 40.00 X 123150 0 4586 1025498 0 67287 6 0 1 0 LINDLEY FOOD SERVICE PO BOX 30374 ATLANTA GA 30374 FOOD SERVICE 1721877 EVERSOURCE ENERGY 107 SELDON STREET BERLIN CT 06037 UTILITIES 523885 GN CONSTRUCTION LLC 55 GIRARD AVENUE HARTFORD CT 06105 CONSTRUCTION 341985 ABBOT NUTRITION 75 REMITTANCE DRIVE CHICAGO IL 60675 NUTRITION SERVICES 239258 AMERICAN MEDICAL ALERT PO BOX 821380 PHILADEPHIA PA 19182 MEDICAL MONITORING SERVICE 144143 6 11351 41338542 734656 151596 42084549 PROGRAM REVENUE 624200 1210518 1210518 PROGRAM REVENUE - RENTAL 624200 157561 157561 1368079 164 164 69555 0 69555 69555 69555 61608 11351 39468 22140 22140 BOND DEBT SERVICE FUNDING 624200 213657 213657 MISCELLANEOUS INCOME 900099 43377 43377 257034 43801521 1625113 0 91859 320627 320627 24655918 24655918 833258 263076 570182 8141867 7494032 647835 108011 82759 25252 801446 740680 60766 807422 713956 93466 30708 5829 24879 91776 91776 32052 32052 236796 209262 27534 3667 3317 350 336967 191126 145841 174702 172459 2243 1365185 1271984 93201 211261 188116 23145 49369 48752 617 161585 144208 17377 558874 411114 147760 305713 293119 12594 FOOD SERVICES AND SUPPL 1593735 1592875 860 CLIENT SUPPORT AND SUPP 752436 729757 22679 IN-KIND EXPENSES 151596 151596 MISCELLANEOUS 22056 11941 10115 41747027 39696503 2050524 0 1335525 1570323 980856 1317676 9147 9147 123028 134491 18667662 14013225 4837833 4654437 1494729 1810786 8781118 9496860 3299298 2489380 1812294 1657473 2175933 2031015 2692436 2337055 1035568 1161854 11015529 9676777 X -2417059 -450128 182648 270211 -2234411 -179917 8781118 9496860 2054494 0 X 0 1 X 1 1 1 X 28517413 28443942 29720107 35375180 42084549 164141191 28517413 28443942 29720107 35375180 42084549 164141191 164141191 167649 210233 218430 156363 164 752839 297574 45214 2244991 337436 257034 3182249 168076279 1368079 0.97660 0.97380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 32052 0 0 32052 0 PART II-B, LINE 1: NEW OPPORTUNITIES, INC. DIRECT CONTRACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY IS IN ORDER TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS. 468448 468448 14822922 11251528 3571394 2206075 1717131 488944 1170217 1044566 125651 4654437 DUE FROM AFFILIATES 1647199 OTHER RECEIVABLES 63219 SECURITY DEPOSIT 3314 CONSTRUCTION IN PROGRESS 97054 1810786 OTHER LIABILITIES 193332 DEFERRED COMPENSATION 809058 LEASE PAYABLE 159464 1161854 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF OCTOBER 31, 2021 AND 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. FORM 990 PART IV LINE 11F NEW OPPORTUNITIES, INC. IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AS PUBLIC CHARITIES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF OCTOBER 31, 2021 AND 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. SCHOLARSHIPS 11351 11351 1500 SENIOR SERVICE EVENTS 21747 21747 1 39861 39861 18860 19108 72959 11351 61608 18860 20608 39468 22140 0 THE SALVATION ARMY 34 WILLOW STREET WATERBURY CT 06710 061001527 501(C)3 88534 CASH HOUSING CATHOLIC CHARITIES 839 ASYLUM AVE HARTFORD CT 06105 060667607 501(C)3 150414 CASH EARLY CHILDHOOD READINESS THE COMMUNITY ACTION AGENCY OF WESTERN CONNECTICUT INC 78 TRIANGLE STREET SUITE 1 DANBURY CT 06810 060813725 501(C)3 81679 CASH COVID19 OUTREACH 3 ENERGY - UTILITIES 42779 23377425 BOOK RENTAL ASSISTANCE 424 584867 BOOK RESPITE - THERAPEUTIC FOSTER CARE PARENTS 23 24486 BOOK STIPENDS - THERAPEUTIC FOSTER CARE PARENTS 23 265026 BOOK STIPENDS- SENIOR COMPANIONS AND FOSTER GRANDPARENTS 126 336664 BOOK OTHER CASH ASSISTANCE 59 67450 BOOK 1 X X X X 0 1 0 0 0 0 0 0 0 JAMES H GATLING PHD PRESIDENT/CEO (THRU 4/1/2021) 312175 0 0 0 0 0 19726 0 10395 0 342296 0 0 0 TONI HIRST CHIEF ADMIN OFFICER 192027 0 0 0 0 0 5785 0 1890 0 199702 0 0 0 PART I, LINE 4B JAMES H. GATLING PH.D - STARTED RECEIVING PAYMENTS FROM NON-QUALIFIED RETIREMENT PLAN IN APRIL 2021 TOTALING $46,158. THERE WERE NO PAYMENTS INCLUDED IN THE 2020 W2 A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AGENCY 060806186 20775DLY6 2021-08-19 2289475 REFINANCING OF 2011 BONDS 0 0 1 A 492243 2289475 11861 1 0 1 1 A 0 0 0 0 0 0 1 A 1 0 0 0 0 0 SCHEDULE K, SUPPLEMENTAL INFORMATION: THE ENTIRE POOLED BOND ISSUE WAS $28,840,000 AND THE TAXPAYER SHARE IS $4,040,000. SCHEDULE K, SUPPLEMENTAL INFORMATION: THE ENTIRE POOLED BOND ISSUE WAS $16,175,377 AND THE TAXPAYER SHARE IS $2,289,475. THE AMOUNT ON PART II, LINE 11 WAS USED TO REFUND THE 2011 CHEFA BOND. THE BONDS ARE SECURED BY THE MURIEL H. MOORE CHILD DEVELOPMENT CENTER FACILITY. THE LOAN AGREEMENT WAS REFINANCED ON AUGUST 19, 2021 BY CHEFA TO REDUCE THE DEBT SERVICE PAYMENTS PAID BY THE STATE OF CONNECTICUT. IN 2021, THE BONDS WERE REFUNDED AT A PAR AMOUNT OF $1,970,722 AND CHEFA STATE SUPPORTED CHILD CARE REVENUE BONDS, SERIES 2021 WERE ISSUED. THE ORIGINAL BOND PREMIUM ON THE SERIES 2021 BONDS OF $318,746 HAS BEEN CAPITALIZED AND IS BEING AMORTIZED ON A STRAIGHT-LINE METHOD (WHICH APPROXIMATES THE YIELD METHOD), OVER THE TERM OF THE BONDS. AT OCTOBER 31, 2021, THE UNAMORTIZED BOND PREMIUM WAS $303,567. AS A REQUIREMENT OF THE BOND INDENTURE, THE AGENCY IS REQUIRED TO MEET CERTAIN FINANCIAL AND NONFINANCIAL COVENANTS. AS OF OCTOBER 31, 2021 AND 2020, CERTAIN FINANCIAL AND NONFINANCIAL COVENANTS WERE NOT MET. THE AGENCY HAS OBTAINED A WAIVER FROM CHEFA WITH REGARD TO THESE VIOLATIONS AS MISSING THESE COVENANTS IS NOT CONSIDERED AN EVENT OF DEBT DEFAULT BY CHEFA, AS THE AGENCY IS TAKING THE REQUIRED REMEDIAL ACTIONS AS OUTLINED IN THE DEBT AGREEMENT. X 1191 COST X 29 24789 COST X PET FOOD 1 124800 COST X PPE SUPPLIES 2 815 COST 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY CHIEF FINANCIAL OFFICER AND THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE A COI STATEMENT. EACH BOARD MEMBER'S CONFLICT STATEMENT IS REVIEWED WITH THEM TO ENSURE THEY UNDERSTAND WHAT IS REQUIRED AND WHY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE BASED ON THE RESULTS OF AN INDEPENDENT COMPENSATION CONSULTANT. ALL OTHER KEY EMPLOYEES ARE EVALUATED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. NORTH SQUARE GATEWAY TERRACE INC 232 NORTH ELM STREET WATERBURY CT 06702 391693980 LOW-INCOME HOUSING CT 501(C)(3) LINE 10 N/A 0 NEW OPPORTUNITIES ECONOMIC DEVELOPMENT CORPORATION 232 NORTH ELM STREET WATERBURY CT 06702 273540138 PROMOTE ECONOMIC DEVELOPMENT CT 501(C)(3) LINE 7 N/A 0 CAMELOT LIMITED PARTNERSHIP 232 NORTH ELM STREET WATERBURY CT 06702 061531373 LOW-INCOME HOUSING CT NEW OPPORTUNITIES INC RELATED -498 86603 0 0 1.00000 CAMELOT CENTER INC 232 NORTH ELM STREET WATERBURY CT 06702 061531370 REAL-ESTATE RENTAL CT NEW OPPORTUNITIES INC C -1361 1.00000 1 COMMUNITY-WIDE INVESTMENT CORPORATION 232 NORTH ELM STREET WATERBURY CT 06702 061103496 INACTIVE CT NEW OPPORTUNITIES INC C -988 1.00000 1 NORTH SQUARE GATEWAY TERRACE DEVELOPMENT INC 232 NORTH ELM STREET WATERBURY CT 06702 264188184 REAL-ESTATE DEVELOPMENT CT NEW OPPORTUNITIES INC C -648 1.00000 1 CT FOOD 4 THOUGHT 232 NORTH ELM STREET WATERBURY CT 06702 825506813 HYDROPONICS CT NEW OPPORTUNITIES INC C -255637 2261997 1.00000 1 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 NORTH SQUARE GATEWAY TERRACE R 132252 CASH NEW OPPORTUNITIES ECONOMIC DEVELOPMENT CORP R 1026166 CASH NORTH SQUARE GATEWAY TERRACE DEVELOPMENT R 145545 CASH COMMUNITY WIDE INVESTMENT CORP R 10782 CASH NEW OPPORTUNITIES BEHAVIORAL HEALTH R 639 CASH CONNECTICUT FOOD 4 THOUGHT R 129320 CASH CAMELOT LTD PARTNERSHIP R 202495 CASH NEW OPPORTUNITIES ECONOMIC DEVELOPMENT CORP D 26845 CASH CONNECTICUT FOOD 4 THOUGHT D 2594729 CASH SCHEDULE R PART I CT FOOD 4 THOUGHT, INC. FILED A CERTIFICATE OF CONVERSION WITH THE STATE OF CONNECTICUT AS OF JULY 27TH 2022 TO BECOME CT FOOD 4 THOUGHT, LLC. (CTF4T) AS OF JULY 27TH 2022, CTF4T HAS BECOME A DISREGARDED ENTITY FOR TAX PURPOSES. THE FINANCIAL ACTIVITY FOR CTF4T WILL BE INCLUDED ON NOI'S 990 RETURN AND A FUNCTIONAL EXPENSE CATEGORY FOR NOI. CTF4T CURRENTLY OPERATES A THREE-BAY HYDROPONIC POSITIVE PRESSURE GREENHOUSE AND PACKING HOUSE FOOD PRODUCTION FACILITY. AN ADDITIONAL THREE-BAY HYDROPONIC POSITIVE PRESSURE GREENHOUSE IS UNDER CONSTRUCTION AND WILL BE OPERATIONAL BY SPRING 2023. THE FUNCTION OF CTF4T IS TO PROVIDE SAFE, CLEAN "GREEN JOBS" TO MEMBERS OF THE COMMUNITY IN THE EMERGING FIELD OF HYDROPONICS. SPECIFICALLY, CTF4T WANTS TO OFFER THESE JOB OPPORTUNITIES TO THOSE WITH DEVELOPMENTAL DISABILITIES, THOSE WHO HAVE BEEN PREVIOUSLY INCARCERATED, AND THOSE WHO ARE UNEMPLOYED AS A WAY TO PROVIDE A PATH TO HIGHER LEVEL EMPLOYMENT OPPORTUNITIES IN BOTH THIS INDUSTRY AND OTHERS, SUCH AS: THE FIELD OF NUTRITION, FOOD SAFETY, ENVIRONMENTAL MANAGEMENT, AND HORTICULTURE. IN ADDITION CTF4T WILL INCREASE THE AVAILABILITY OF HEALTHY PRODUCE TO THE LOCAL COMMUNITY INCLUDING ECONOMICALLY DISADVANTAGED INDIVIDUALS. THIS ENTITY ALIGNS WITH NOI'S MISSION TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING THE NECESSARY RESOURCES TO INCREASE THEIR STANDARD OF LIVING, FOSTER SELF-IMPROVEMENT, AND TO MAXIMIZE SELF-EMPOWERMENT.