2025-08-19T13:09:14-04:00 2024-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2024-01-01 222447934 New Concepts for Living Inc % GUS LOUKAS CFO NEWC 2018433427 765 Route 17 Paramus NJ 07652 Gus Loukas CFO 2018433427 2025-11-15 true true Brad Caruso P01249134 7328281614 2024 2025-03-06 01:10:19Z X STEVE SETTEDUCATI 765 Route 17 Paramus NJ 07652 34525356 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 11 499 11 0 444447 855953 25569739 33304679 485901 60363 -16303 41588 26483784 34262583 43401 35107 0 0 16646685 22515881 0 0 364012 4142885 5835483 20832971 28386471 5650813 5876112 52308093 61405491 21964159 25185445 30343934 36220046 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 15077641 15404 27725051 Housing -. New Concepts for Living (NCFL) offers Community and Medically Supportive Residences (Group Homes) and provides individuals with a safe and nurturing environment. Our Community Residences, located throughout northern New Jersey, are designed for adults with intellectual and developmental disabilities (I/DD). These residences provide a family environment and enable each individual to reach their full potential. Our modern, well-maintained homes are ideal for adults who need assistance with everyday tasks and require 24-hour supervision. Support with activities of daily living is tailored to the individual's needs. Housemates with similar needs and challenges enjoy living among their peers in a nurturing, warm environment. Each resident has their own private bedroom to personalize and enjoy. All homes provide ample communal areas where residents and staff enjoy activities and meals together. Family members and guardians are encouraged to visit their loved ones and become part of the NCFL family. NCFL currently has 18 homes throughout the county and will be opening four additional community residences in 2025. 4805937 19703 5621216 Adult Achievement Centers - Include a Day Program in Paramus and Rochelle Park. In the Late 1990s, New Concepts for Living (NCFL) opened its first Achievement Center with the goal of providing day program services to individuals with intellectual and developmental disabilities (I/DD). Today, our locations in Paramus and Rochelle Park provide an unmatched activities calendar, unsurpassed, well-rounded skills training areas, including mock bedroom, full-service laundry, kitchen and computer lab. Our Paramus facility even has a supermarket. Our 81,500 Sq Ft facility in Paramus also offers Occupational, Physical and Speech therapies and on-site behavioral and nursing services are provided. Day Program participants of all abilities have the opportunity to take part in a variety of activities such as volleyball, basketball, bowling, exercise classes, yoga and meditation, dance classes, math and reading skills, and more. Other activities, including karaoke, arts & crafts, board and video games, and team-building exercises are also included to help stimulate the mind, increase social and motor skills, and develop imagination. In addition to these activities, our day program incorporates a variety of field trips for our participants. In the past, we've taken trips to the Statue of Liberty, Rockefeller Center, Spirit of NJ Cruise, Point Pleasant Boardwalk, NY Mets games, and more. 19883578 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 true false false false false false false false false true 40 0 true 499 true false 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 GUS LOUKAS CFO 2018433427 765 ROUTE 17 PARAMUS NJ 07652 STEVE SETTEDUCATI Chief Executive Officer 70.0 0.0 X X 449471 0 49955 Gus Loukas Chief Financial Officer 55.0 0.0 X 284768 0 6061 DANIEL MIHALINEC DIRECTOR of Facilities 45.0 0.0 X 235385 0 0 SHARON SCIMECA DIRECTOR OF DEVELOPMENT 45.0 0.0 X 191000 0 0 Debra Tonyes DIRECTOR OF RESIDENTIAL SERVIC 45.0 0.0 X 184823 0 6061 Athanasio Rizas Director of IT 45.0 0.0 X 182693 0 0 ANTHONY SETTEDUCATI JR DIRECTOR OF HUMAN RESOURCES 45.0 0.0 X 155467 0 11463 WILLIAM SMITH Chairman/Trustee 5.0 0.0 X X 0 0 0 MARK ORECCHIO Vice ChairmAN/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 Dan Corcoran Trustee 1.0 0.0 X 0 0 0 David Aboudi TRUSTEE 1.0 0.0 X 0 0 0 Joseph Voytus TRUSTEE 1.0 0.0 X 0 0 0 Linda Wasserstein Trustee 1.0 0.0 X 0 0 0 Lisa Babin TRUSTEE 1.0 0.0 X 0 0 0 Richard Ackley Jr TRUSTEE 1.0 0.0 X 0 0 0 Ron Krauskopf TRUSTEE 1.0 0.0 X 0 0 0 1683607 0 73540 27 false true false HAAS CONSTRUCTION MANAGEMENT 51 CANNONBALL ROAD POMPTON LAKES NJ 07442 construction 8924164 Northern Valley Developers Mgt LL 161 RANDOLPH AVE EMERSON NJ 07630 CONSTRUCTION 1648939 Mobilityworks LLC 5105 New Jersey Rt33 FARMINGDALE NJ 07727 Mobility equip. supp 490281 WATCH US GROW LANDSCAPE DESIGN LLC PO BOX 321 HILLSDALE NJ 07642 LANDSCAPING 279862 WILLIAM T SMITH ATTORNEY AT LAW ATTORNEY AT LAW 684 STATE RTE 208 FRANKLIN LAKES NJ 07417 ATTORNEY SERVICE 162502 6 134842 282000 439111 48780 855953 MEDICAID 623210 31605208 31605208 INDIVIDUAL CONTRIBUTION TO CARE INCOME 623210 925783 925783 RENT INCOME 623210 773688 773688 33304679 90390 90390 0 0 0 0 0 130508 127632 32903 2876 -32903 -30027 -30027 102238 134842 102238 0 0 0 0 0 0 0 0 OTHER INCOME 900099 41588 41588 41588 34262583 33346267 60363 0 35107 35107 0 0 790255 790255 0 18372776 13842559 4243717 286500 1500 976 514 10 1612855 1085687 515758 11410 1738495 1257281 416383 64831 0 53098 39387 13711 48160 48160 0 0 0 49111 25739 23372 241072 25717 214958 397 437433 96553 340079 801 211080 23762 187318 0 1294407 1017458 276949 316493 169936 146557 0 171193 9943 161187 63 745591 592779 152812 0 1564424 1052347 512077 332526 240372 92154 FOOD AND HOUSE SUPPLIES 370895 367975 2920 28386471 19883578 8138881 364012 X 409593 354621 7854005 722251 0 0 1271488 1789751 0 0 0 0 0 0 0 0 20936 45404 65743927 7784619 42578450 57959308 127632 0 0 0 0 0 0 0 45989 534156 52308093 61405491 4402425 2280293 69259 79331 0 0 0 0 0 4994 0 0 17479388 22317345 0 0 13087 503482 21964159 25185445 X 28497198 34135810 1846736 2084236 30343934 36220046 52308093 61405491 5876112 X false true X true false X 547737 567936 724675 444447 855953 3140748 0 0 547737 567936 724675 444447 855953 3140748 0 3140748 47654 37931 72414 135701 90390 384090 0 26677 27004 71403 50052 41588 216724 3741562 118188020 0.83942 0.82365 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 15168067 15168067 42696566 6072920 36623646 3720836 1611450 2109386 4158458 100249 4058209 57959308 0 LEASE LIABILITY 490395 TENANT SECURITY DEPOSITS 13087 503482 X 34364821 102238 102238 34262583 34262583 28488709 102238 102238 28386471 28386471 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, 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, 2024, OR 2023. ADDITIONALLY, THERE WERE NO INCOME TAX RELATED PENALTIES OR INTEREST RECORDED IN THE FINANCIAL STATEMENTS FOR 2024 OR 2023. Schedule D, Part XI and XII, Line 2d DIRECT EXPENSE OF $102,238 FOR SPECIAL EVENTS WAS NETTED IN FORM 990 AGAINST THE RELATED SPECIAL EVENT REVENUE. THIS EXPENSE WAS SHOWN GROSS IN THE FINANCIAL STATEMENTS AS REQUIRED UNDER US GAAP. Schedule D, Part IV, Line 2b The organization holds funds for clients in Personal Needs Accounts. Golf Outing 160810 84810 76000 76000 Umbrella 42142 20283 21859 21859 1 34128 29749 4379 4379 237080 134842 102238 102238 102238 true Residents Assistance 115 35107 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 384471 0 65000 0 0 0 0 0 49955 0 499426 0 0 0 Athanasio Rizas Director of IT 182693 0 0 0 0 0 0 0 0 0 182693 0 0 0 ANTHONY SETTEDUCATI JR DIRECTOR OF HUMAN RESOURCES 140467 0 15000 0 0 0 0 0 11463 0 166930 0 0 0 Debra Tonyes DIRECTOR OF RESIDENTIAL SERVIC 149823 0 35000 0 0 0 0 0 6061 0 190884 0 0 0 Gus Loukas Chief Financial Officer 244768 0 40000 0 0 0 0 0 6061 0 290829 0 0 0 DANIEL MIHALINEC DIRECTOR of Facilities 180385 0 55000 0 0 0 0 0 0 0 235385 0 0 0 SHARON SCIMECA DIRECTOR OF DEVELOPMENT 190000 0 1000 0 0 0 0 0 0 0 191000 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. X Gift cards 1 48780 FMV false false false Form 990, Schedule M, Part I, Line 17 THE NUMBER REPORTED IN PART I, COLUMN B, LINE 25 REPRESENTS THE NUMBER OF CONTRIBUTORS. 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 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.