2024-10-01T09:55:35-05:00 2023-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2023-01-01 453797693 THE HAVEN PROJECT INC HAVE 7819135738 57 MUNROE STREET LYNN MA 01901 TRACEY SCHERRER EXECUTIVE DIRECTOR 7819135738 2024-09-25 1 0 JOSEPH M GISO CPA MST P00030126 7819143400 2024-09-25 2023 2024-10-15 13:58:12Z TRACEY SCHERRER 57 MUNROE STREET LYNN MA 01901 725274 0 X WWW.HAVENPROJECT.NET X 2011 MA EQUIP AND EMPOWER HOMELESS OR IMMINENTLY HOMELESS YOUNG ADULTS WITH SKILLS AND SUPPORT THEY NEED TO BE SAFE AND SELF-SUPPORTING. 7 7 11 60 0 0 680239 598308 217148 110465 24 0 -6287 4385 891124 713158 0 0 0 0 534906 620103 0 0 102463 259911 261373 794817 881476 96307 -168318 1125982 950315 39301 31952 1086681 918363 X FOUNDED IN 2011, THE HAVEN PROJECT, INC. (THE ORGANIZATION) IS A NOT-FOR-PROFIT ORGANIZATION OPERATING OUT OF LYNN, MA, WITH THE MISSION TO EQUIP, TRAIN, AND EMPOWER AT RISK HOMELESS YOUNG ADULTS BY PROVIDING THEM WITH THE BASIC NEEDS, ONLINE LEARNING, EDUCATIONAL SUPPORT, JOB TRAINING AND JOB ACQUISITION, STABLE LIVING OPTIONS, AND OPPORTUNITIES TO BUILD COMMUNITY AND LIFE SKILLS. 0 0 258100 78585 MAINTAINED AND STAFFED COFFEE SHOP OPEN TO THE PUBLIC BY PROVIDING JOBS, TRAINING, AND PUBLIC SERVICE EXPERIENCE FOR AT-RISK YOUNG ADULTS. 202716 31880 DROP-IN CENTER PROVIDED AT-RISK HOMELESS YOUNG ADULTS WITH BASIC NEEDS, FOOD, EDUCATION AND JOB TRAINING.*ENGAGED OVER 300 HOMELESS UNACCOMPANIED THROUGH ONGOING SOCIAL MEDIA CONTACT, STREET OUTREACH, AND COMMUNITY RELATIONSHIPS; *PROVIDED GROCERY GIFT CARDS AND YEAR-ROUND ACCESS TO OUR ON-SITE FOOD PANTRY, LAUNDRY FACILITIES AND SHOWER FACILITIES; *MAINTAINED ONGOING PHONE/SOCIAL MEDIA/EMAIL CONTACT WITH 45 YOUTH EACH WEEK; *ENROLLED 100% OF ENGAGED CLIENTS IN MASS HEALTH AND/OR SNAP FOOD STAMP BENEFITS; *EMPLOYED 53 CLIENTS IN OUR JOB TRAINING PROGRAM WHERE THEY WERE ABLE TO BUILD IMPORTANT WORK SKILLS; *HELPED 75 YOUNG ADULTS SECURE SAFE AND RELIABLE EMPLOYMENT AND PROVIDED IN-PERSON AND/OR VIRTUAL JOB TRAINING WORKSHOPS TO 108 CLIENTS; *DEVELOPED 10 PARTNERSHIPS TO (1) ASSIST CLIENTS AS THEY TRANSITION FROM OUR PROGRAM TO OUTSIDE WORK POSITIONS AND (2) IMPROVE OUR COMMUNITY OUTREACH AND NAME RECOGNITION. THESE INCLUDE THE WASH CYCLE, TARGET, BETH ISRAEL, ROOT, NSCC, AND SALEM STATE UNIVERSITY;*SECURED HOUSING FOR 49 HOMELESS YOUTH IN APARTMENTS, DORMS AND/OR ROOM RENTALS; *ASSISTED 78 CLIENTS TO ACHIEVE AN EDUCATIONAL MILESTONE, 23 OF WHOM GRADUATED FROM AN EDUCATIONAL PROGRAM - HISET, HIGH SCHOOL, AND/OR COLLEGE; AND STRATEGICALLY SCALING OUR IMPACT WITH FOUR GROUNDBREAKING INITIATIVES: 1. CATALYST: A 23-UNIT PERMANENT, SUPPORTIVE HOUSING PROJECT WITH ON-SITE SERVICES FOR LOW MODERATE INCOME YOUNG ADULTS, WITH ONE HOUSING UNIT FOR A RESIDENT DIRECTOR, AS WELL AS PROGRAM AND OFFICE SPACE. (ANTICIPATED OPENING APRIL 2025)2. THE NEST: WE ARE WORKING CLOSELY WITH LYNN HOUSING AND DEVELOPMENT AND OUR LOCAL YOUTH ACTION BOARD TO CREATE THE NEST, A TRANSITIONAL HOUSING - RAPID REHOUSING PROJECT IN LYNN FOR 24 HOMELESS YOUNG ADULTS. RENOVATIONS ARE CURRENTLY UNDERWAY AND PROGRAMMING IS SET TO BEGIN THIS FALL. 3. EXPANDED CAREER DEVELOPMENT PROGRAM: RECOGNIZING PROGRAM PARTICIPANTS ARE OFTEN UNABLE TO SUSTAIN HOUSING WITH ENTRY-LEVEL PAY, WE DESIGNED A COMPREHENSIVE APPROACH THAT INTEGRATES COMMUNITY PARTNERSHIPS, PERSONAL GOAL SETTING, MENTAL WELL-BEING, FINANCIAL LITERACY, AND TRADITIONAL JOB SKILLS TRAINING.4. "GUARANTEED INCOME" PILOT PROGRAM: A PARTNERSHIP WITH GMA FUNDERS FOUNDATION TO IMPLEMENT A FINANCIAL PROGRAM THAT PROVIDES MONTHLY STIPENDS TO 28 YOUNG ADULTS OVER THE COURSE OF 18 MONTHS. THE HAVEN PROJECT WILL DISTRIBUTE THESE FUNDS AND TRACK PARTICIPANT PROGRESS THROUGH QUALITY OF LIFE SURVEYS. 109192 JOB TRAINING AND HOUSING PROGRAM PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH TEMPORARY SHELTER AND JOB TRAINING. 570008 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X X TRACEY SCHERRER 7819135738 57 MONROE STREET LYNN MA 01901 TRACEY SCHERRER EXECUTIVE DIRECTOR 40.00 X 104090 0 3123 KURT LANGE PRESIDENT 5.00 X X 0 0 0 ROBERT BISHOP VICE PRESIDENT 1.00 X X 0 0 0 CECILIO HERNANADEZ JR TREASURER 1.00 X X 0 0 0 MICHAEL A SATTERWHITE CLERK 1.00 X X 0 0 0 THERESA CONTI BOARD MEMBER 1.00 X 0 0 0 LAUREN KING BOARD MEMBER 1.00 X 0 0 0 JOYCE CHIANG BOARD MEMBER 1.00 X 0 0 0 104090 0 3123 1 0 0 0 0 14580 700 583028 59860 598308 CAFE 722514 78585 78585 CONTRACT REVENUE 900099 31880 31880 110465 16501 14580 12116 4385 4385 713158 110465 0 4385 97749 68592 21504 7653 460581 323195 101325 36061 13754 9651 3026 1077 48019 33695 10564 3760 56783 34751 22032 36000 22032 13968 8482 46 8436 20035 11662 5789 2584 1390 1390 54571 42883 5844 5844 126 126 5097 5097 4005 3203 401 401 PROGRAM SUPPLIES 62002 62002 MEMBERSHIP DUES 7108 3759 3349 REPAIRS AND MAINTENANCE 5153 4258 248 647 STAFF DEVELOPMENT 621 621 881476 570008 209005 102463 754052 599848 61850 0 26494 66351 165085 165085 3249 4435 5909 10257 49325 44995 7427 4330 4000 2000 97916 98009 1125982 950315 39301 31952 39301 31952 X 1025285 861588 61396 56775 1086681 918363 1125982 950315 -168318 0 X X 0 1 X 1 0 X 483757 610076 414479 686559 523168 2718039 483757 610076 414479 686559 523168 2718039 473851 2244188 24 0 24 2718063 0.82570 0.79920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49325 44995 4330 4330 CATALYST HOUSING, LLC 98009 98009 X 773158 60000 60000 713158 0 713158 941476 60000 60000 881476 0 881476 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION, QUALIFYING UNDER IRS SECTION 501(C)(3), AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, HOWEVER, IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME IT WOULD BE TAXABLE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS TO REPORT. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, NO PROVISION FOR UNRELATED BUSINESS INCOME TAXES HAS BEEN MADE. INFORMATION RETURNS FILED REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS, GENERALLY FOR THREE YEARS AFTER THE FILING DATE. 2023 GALA 31081 14580 16501 12116 31081 14580 16501 12116 12116 4385 X 59860 THRIFT RESALE VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE POLICY FOR DISTRIBUTION OF 990 FORM TO MEMBERS OF GOVERNING BODY: ALL BOARD MEMBERS WERE INVITED TO REVIEW THE HAVEN PROJECT'S 990 FORM AT THE ANNUAL BUSINESS MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE HAVEN PROJECT INC. (THE ORGANIZATION") CONFLICT OF INTEREST POLICY IS TO PROTECT THIS TAX-EXEMPT ORGANIZATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO PRESENT ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS THAT ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THE BOARD OR COMMITTEE HAS VOTED THAT A CONFLICT OF INTEREST EXISTS, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER TO APPROVE THE CONFLICTED TRANSACTION OR ARRANGEMENT ACCORDING TO SPECIFIC PROCEDURES INCLUDED IN THE POLICY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND, D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, THE ORGANIZATION SHALL CONDUCT PERIODIC REVIEWS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON PERFORMANCE AND COMPARABLE DATA. COMPETITIVE SALARY, COMPARING TO OTHER NON-PROFITS WITH SIMILAR MISSIONS IN COMMUNITY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GENERAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AND ALSO ON THE WEBSITE OF THE MASSACHUSETTS DIVISION OF PUBLIC CHARITIES. FORM 990, PAGE 6, GOVERNANCE, MANAGEMENT AND DISCLOSURES SECTION B; POLICIES LINE 14: DID THE ORGANIZATION HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY? THE ORGANIZATION'S BOARD OF DIRECTORS IS CURRENTLY EVALUATING THE APPROPRIATE DOCUMENT RETENTION AND DESTRUCTION POLICY FOR THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.