2024-08-28T18:50:15-05:00 2023-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-01-01 222447934 New Concepts for Living Inc % STEVE SETTEDUCATI CEO NEWC 2018433427 767 Route 17 Paramus NJ 07652 Gus Loukas CFO 2018433427 2024-11-15 true true Brad Caruso P01249134 7328281614 2023 2024-08-08 14:25:15Z X STEVE SETTEDUCATI 767 Route 17 Paramus NJ 07652 34824716 false X WWW.NCFL.NET X 1986 NJ NEW CONCEPTS ENABLES PEOPLE TO REALIZE THEIR DREAMS AND TO ACHIEVE their individual potential through QUALITY COMMUNITY PROGRAMS AND services. 12 11 413 11 -66355 0 724675 444447 21743411 25569739 72414 485901 29888 -16303 22570388 26483784 42288 43401 0 0 13250117 16646685 0 0 2135 2912081 4142885 16204486 20832971 6365902 5650813 43680911 52308093 18984608 21964159 24696303 30343934 X NEW CONCEPTS IS A COMMUNITY NON-PROFIT ORGANIZATION COMMITTED TO PEOPLE WITH DISABILITIES AND THEIR FAMILIES. (SEE SCHEDULE O ATTACHMENT FOR DETAIL) false false 12592177 16509 25619791 Housing - New Concepts provides a wonderful environment for housing which includes Group Homes, Supervised Apartments and Supportive Living.(SEE SCHEDULE O ATTACHMENT FOR DETAIL) 2777654 26892 Adult Achievement Center - Includes a DAY PROGRAM and vocational training. (See schedule O attachment for detail) 15369831 true true false false false false false false true false true false false false true true true false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 35 0 true 413 true true true false false false false true true false false false false false false X 12 11 false false false false false false false true true false false true true true true true true true false false NJ X STEVE SETTEDUCATI CEO 2018433427 767 ROUTE 17 paramus NJ 07652 STEVE SETTEDUCATI Chief Executive Officer 70.0 0.0 X X 409502 0 46070 Gus Loukas Chief Financial Officer 55.0 0.0 X 238246 0 9671 DANIEL MIHALINEC DIRECTOR of Facilities 45.0 0.0 X 184231 0 0 Debra Tonyes DIRECTOR OF RESIDENTIAL SERVIC 45.0 0.0 X 154713 0 11427 Marsha Warren Licensed Practical Nurse 45.0 0.0 X 156168 0 3933 Athanasio Rizas Director of IT 45.0 0.0 X 155250 0 0 ALEXANDRA GRAY DIRECTOR of Behavior services 45.0 0.0 X 135838 0 11290 WILLIAM SMITH CHAIR/TRUSTEE 5.0 0.0 X X 0 0 0 MARK ORECCHIO VICE CHAIR/TRUSTEE 5.0 0.0 X X 0 0 0 Paster ANTHONY IOVINE SECRETARY/TRUSTEE 5.0 0.0 X X 0 0 0 Gennaro Rotella TREASURER/TRUSTEE 5.0 0.0 X X 0 0 0 Calvin Pascall Trustee 1.0 0.0 X 0 0 0 RICHARD ACKLEY Jr TRUSTEE 1.0 0.0 X 0 0 0 Dan Corcoran TRUSTEE 1.0 0.0 X 0 0 0 David Aboudi Trustee 1.0 0.0 X 0 0 0 Lisa Babin TRUSTEE 1.0 0.0 X 0 0 0 Stefanie Levin TRUSTEE 1.0 0.0 X 0 0 0 LINDA WASSERSTEIN TRUSTEE 1.0 0.0 X 0 0 0 1433948 0 82391 17 false true false HAAS CONSTRUCTION MANAGEMENT 51 CANNONBALL ROAD POMPTON LAKES NJ 07442 construction 3095474 Northern Valley Developers Mgt LL 161 RANDOLPH AVE EMERSON NJ 07630 CONSTRUCTION 2053147 POSEN ARCHITECTS LLC 25 COLUMBIA STREET WEST ORANGE NJ 07052 ARCHITECTURE SERVICE 449701 WATCH US GROW LANDSCAPE DESIGN LLC PO BOX 321 HILLSDALE NJ 07642 LANDSCAPING 413038 360 FIRE PREVENTION LLC 1060 PAULISON AVENUE CLIFTON NJ 07011 FIRE SUPRESSION 137878 5 104694 31731 308022 12377 444447 MEDICAID AND OTHER SERVICE FEE INCOME 623210 24239194 24239194 RENT INCOME 623210 759020 759020 INDIVIDUAL CONTRIBUTION TO CARE INCOME 623210 571525 571525 25569739 135701 135701 0 0 285000 351355 -66355 0 -66355 -66355 8200000 49099 7898899 301101 49099 350200 350200 90678 104694 90678 0 0 0 0 0 0 0 0 OTHER INCOME 900099 50052 50052 50052 26483784 25619791 -66355 485901 0 43401 43401 0 0 656205 656205 0 13831835 11154328 2677507 2705 1919 786 832538 630224 202314 1323402 1016991 306411 0 114914 7728 107186 47910 47910 0 0 0 50733 22707 28026 112044 904 111140 299277 109138 188004 2135 253652 88883 164769 0 878695 710092 168603 260298 183162 77136 0 97720 14852 82868 476917 69419 407498 0 854974 696640 158334 258168 198394 59774 FOOD AND HOUSE SUPPLIES 437583 421049 16534 20832971 15369831 5461005 2135 X 1771606 409593 1109933 7854005 0 0 895658 1271488 0 0 0 0 0 0 0 0 27204 20936 48840290 6261840 31787680 42578450 8026531 127632 0 0 0 0 0 0 62299 45989 43680911 52308093 1328710 4402425 52333 69259 95571 0 0 0 1757 0 0 0 17493150 17479388 0 0 13087 13087 18984608 21964159 X 22849567 28497198 1846736 1846736 24696303 30343934 43680911 52308093 X 5650813 -3182 X false true X true false X 135877 547737 567936 724675 444447 2420672 0 0 135877 547737 567936 724675 444447 2420672 0 2420672 23484 47654 37931 72414 135701 317184 0 25972 26677 27004 71403 50052 201108 2938964 98207379 0.82365 0.91433 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 14480567 14480567 21565718 4931192 16634526 2242980 1256674 986306 10551025 73974 10477051 42578450 0 TENANT SECURITY DEPOSITS 13087 13087 X 26925817 442033 442033 26483784 26483784 21275004 442033 442033 20832971 20832971 schedule D, PART X, LINE 2 NEW CONCEPTS FOR LIVING, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE AGENCY IS SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. DURING 2023 AND 2022, THE AGENCY HAD UNRELATED BUSINESS INCOME FROM RENTAL INCOME ON DEBT FINANCED PROPERTY. THE AGENCY HAD NO INCOME TAXES DUE ON THE UNRELATED BUSINESS ACTIVITY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WERE NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023, OR 2022. ADDITIONALLY, THERE WERE NO INCOME TAX RELATED PENALTIES OR INTEREST RECORDED IN THE FINANCIAL STATEMENTS FOR 2023 OR 2022. Schedule D, Part XI and XII, Line 2d DIRECT EXPENSES OF $90,678 FOR SPECIAL EVENTS AND RENTAL EXPENSES OF $351,355 WERE NETTED IN FORM 990 AGAINST THE RELATED SPECIAL EVENT REVENUE AND RENTAL INCOME AS REQUIRED. THESE EXPENSES WERE SHOWN GROSS IN THE FINANCIAL STATEMENTS AS REQUIRED UNDER US GAAP. Golf Outing 114999 58515 56484 56484 Umbrella 55481 24398 31083 31083 1 24892 21781 3111 3111 195372 104694 90678 90678 90678 true Residents Assistance 77 43401 FMV Clothing Residents assistance Residents living in the New Concepts for Living group homes occasionally will need clothing and personal items which are provided to them by the organization. X X X X X X false true false false false false false true false STEVE SETTEDUCATI Chief Executive Officer 364502 0 45000 0 0 0 0 0 46070 0 455572 0 0 0 Athanasio Rizas Director of IT 130250 0 25000 0 0 0 0 0 0 0 155250 0 0 0 Debra Tonyes DIRECTOR OF RESIDENTIAL SERVIC 129713 0 25000 0 0 0 0 0 11427 0 166140 0 0 0 Gus Loukas Chief Financial Officer 198246 0 40000 0 0 0 0 0 9671 0 247917 0 0 0 DANIEL MIHALINEC DIRECTOR of Facilities 164231 0 20000 0 0 0 0 0 0 0 184231 0 0 0 Marsha Warren Licensed Practical Nurse 155468 0 700 0 0 0 0 0 3933 0 160101 0 0 0 Schedule J - Supplemental Information Part I, Line 4b The Organization established a supplemental non qualified post retirement benefit plan for the benefit of Steve Setteducati, CEO. Part I, Line 7 The Organization maintains an incentive compensation program that pays variable compensation based on the satisfaction by the Organization and the Chief Executive Officer, if and to the extent satisfied, of programmatic, financial and similar goals established at the beginning of the year prior to payment. Core Form 990 FORM 990, PART III, LINE 1 INSPIRED BY THE VISION OF FAMILIES AND PEOPLE WITH DISABILITIES, NEW CONCEPTS ENABLES PEOPLE TO REALIZE THEIR DREAMS AND TO ACHIEVE THEIR INDIVIDUAL POTENTIAL THROUGH QUALITY COMMUNITY PROGRAMS AND SERVICES THAT INCLUDE HOUSING, VOCATIONAL AND DAY PROGRAM TRAINING, RECREATION ADVOCACY AND FAMILY EDUCATION AND SUPPORT. FORM 990, PART III, LINE 4A Our residential programs provide around the clock care in well maintained, attractive homes and supervised apartments in well-established community settings in Bergen County and Passaic, New Jersey. Within this setting, our developmentally disabled clients take part in recreational activities, sports, cultural pursuits, swimming, talent shows, holiday events and parties and special events. New Concepts for Living has 14 programs; 13 residential group homes and 1 day program. Our programs for the individuals we serve, provide comfortable housing, support and assistance directed to making our clients as independent, as possible. We focus on these programs to provide individuals we serve with safe, warm and supportive home settings that nurture independence, self-worth, self confidence and provide a platform for daily living skills and future growth. FORM 990, PART III, LINE 4B In the late 1990's, New Concepts opened its Achievement Center with the goal to provide unique day program services, including vocational skills training and preparation for employment opportunities, gainful employment projects on an ongoing basis, daily living skills training, day activities, recreation and behavioral services. The Achievement Center's interior includes four work areas comprised of many different activities. Each work area has three day program counselors respectively and one senior counselor. The counselors provide vocational and social skills training, group activities (which include outings), and motivational behavior supports. Senior Counselors oversee the operations in their respective work area. Individuals are offered in-house contract work for interested and capable individuals to gain skills before moving into the community. Different contract work has been offered, for instance, tagging umbrellas, tagging bread bags, application completion and submission to different community settings such as, movie theaters, supermarkets and pet stores. FORM 990, PART VI, SECTION B, LINE 11B The Form 990 is prepared by an outside accounting firm. The draft 990 is then reviewed by the EXECUTIVE DIRECTOR and Chief financial officer prior to submission to the board for their review and approval. Upon approval by the board the Form 990 is submitted to the Department of the Treasury. Form 990, Part VI, Section B, Line 12c Each New Concepts for Living, Inc. Board of Trustees member shall complete a Conflict of Interest Policy Statement by January 1st of each year. The Board of Trustees Conflict of Interest Policy Statement requires any possible conflict of interest on the part of any Board of Trustees member to be disclosed to the Board of Trustees and shall be made part of the records of the Board of Trustees and of the official corporation records of new Concepts for Living, Inc. A Board of Trustees member who has a possible conflict on any matter may not participate in the deliberation vote upon and/or use his or her personal influence on any such matter. The Board of Trustees policy requires each Board member to disclose the facts of any situation involving the use of the funds if the Board Member, a member of the Board member's family, the Board Member's business associate or a Board Member's close personal friend will, or could, realize any economic benefit from the Board Member's decision. The Board of Trustees policy also requires that Senior Management staff (e.g. Executive director, Accounting Manager, etc.) who may be authorized to recommend, review or sign vendor bids, contracts or agreements to disclose the facts of any situation involving the use of funds if the staff person, a family member, business associate or close personal friend will, or could, realize any economic benefit. FORM 990, PART VI, SECTION B, LINE 15A & 15B The Organization's Board empowered a Compensation Committee of independent directors to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the Organization, including the Organization's Chief Executive Officer. The Compensation Committee is advised by outside counsel and an independent compensation consultant. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the Organization does not compensate in excess of market norms. The Committee's procedures are intended to meet applicable IRS reasonableness and safe harbor standards. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE PROVIDED UPON RECEIPT OF A WRITTEN REQUEST.