Nonprofit · EIN 06-0864050
NEW NEIGHBORHOODS INC
Tax-exempt · STAMFORD, CT 06902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,411,926 | $12,439,101 | -$2,027,175 | $52,251,204 | $50,576,700 | $1,674,504 |
| December 31, 2024 | 990 | $11,120,076 | $11,232,153 | -$112,077 | $35,483,599 | $33,154,321 | $2,329,278 |
| December 31, 2023 | 990 | $9,199,553 | $8,747,169 | $452,384 | $34,377,591 | $31,936,236 | $2,441,355 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,044,538
- Program service revenue
- $8,833,967
- Investment income
- $464,657
- Net gain from sales of assets
- $13,271
- Other revenue
- $68,764
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,168,421
- Other salaries and wages
- $4,090,116
- Salaries, compensation and benefits (total)
- $5,258,537
- Professional fundraising fees
- $0
- Occupancy
- $266,917
- Depreciation
- $5,194
- Program services (functional)
- $9,590,105
- Management and general (functional)
- $2,672,053
- Fundraising (functional)
- $176,943
Balance sheet and other
- Total assets, start of year
- $35,483,599
- Total assets, end of year
- $52,251,204
- Total liabilities, end of year
- $50,576,700
- Net assets, end of year
- $1,674,504
- Land, buildings and equipment
- $22,310,888
- Publicly traded securities
- $675,367
- Net assets without donor restrictions
- $1,273,240
- Net assets with donor restrictions
- $401,264
- Gross receipts
- $10,411,926
- Employees
- 66
- Volunteers
- 0
- Year formed
- 1967
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM J HEALY II | PRESIDENT/CEO Trustee or director, Officer | 40 | $336,321 | $54,856 |
| JEROME FLOYD | OPERATIONS DIRECTOR Officer | 40 | $192,750 | $14,565 |
| LONG CHEN | CHIEF FINANCIAL OFFICER Officer | 40 | $171,937 | $21,537 |
| JACQUELIN RAMOS | HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $145,994 | $19,708 |
| GEMA FERNANDEZ | DEVELOPMENT SPECIALIST Highest-paid employee | 40 | $116,571 | $49,081 |
| PHILIP SFRAGA | PROPERTY MANAGER Highest-paid employee | 40 | $103,726 | $38,831 |
| OSAID ZUBI | FINANCE MANAGER Highest-paid employee | 40 | $101,123 | $15,610 |
| PETER HELMES | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| BRENDAN BIGGINS | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BEN THOMAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANTHONY STEWART | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RON CORWIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELLEN TOWER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FELISHA GUIRAND-FLEURIMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM LAMBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOBBI BROWN | DIRECTOR Trustee or director | 1 | $0 |
| SANG YU | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM J HEALY II | PRESIDENT/CEO Trustee or director, Officer | 40 | $333,963 | $44,490 |
| JEROME FLOYD | OPERATIONS DIRECTOR Highest-paid employee | 40 | $182,234 | $10,934 |
| LONG CHEN | FINANCIAL DIRECTOR Highest-paid employee | 40 | $162,078 | $12,966 |
| JACQUELIN RAMOS | HUMAN RESOURCES DIRECTOR Highest-paid employee | 40 | $138,278 | $11,062 |
| ROBERT O'BRIEN | MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN GEORGE | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| RONALD CORWIN | MEMBER Trustee or director | 1 | $0 | $0 |
| PHIL SWAN | MEMBER Trustee or director | 1 | $0 | $0 |
| ELLEN TOWER | MEMBER Trustee or director | 1 | $0 | $0 |
| BEN THOMAS | MEMBER Trustee or director | 1 | $0 | $0 |
| FELISHA GUIRAND-FLEURIMOND | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM LAMBERT | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTHONY STEWART | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BOBBI BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| SANG YU | MEMBER Trustee or director | 1 | $0 | $0 |
| PETER HELMES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BRENDAN BIGGINS | TREASURER/FINANCE COMMITTE Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM J HEALY II | PRESIDENT/CEO Trustee or director, Officer | 40 | $273,788 | $39,647 |
| ROBERT O'BRIEN | MEMBER Trustee or director | 2 | $0 | $0 |
| KEVIN GEORGE | RECENT PAST CHAIRMAN Trustee or director | 1 | $0 | $0 |
| RONALD CORWIN | MEMBER Trustee or director | 1 | $0 | $0 |
| JULIAN PIERCE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PHIL SWAN | MEMBER Trustee or director | 1 | $0 | $0 |
| ELLEN TOWER | MEMBER Trustee or director | 1 | $0 | $0 |
| BEN THOMAS | MEMBER Trustee or director | 1 | $0 | $0 |
| FELISHA GUIRAND-FLEURIMOND | MEMBER Trustee or director | 1 | $0 | $0 |
| SARAH FOX | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM LAMBERT | MEMBER Trustee or director | 1 | $0 | $0 |
| ANTHONY STEWART | MEMBER Trustee or director | 1 | $0 | $0 |
| BOBBI BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| SANG YU | MEMBER Trustee or director | 1 | $0 | $0 |
| PETER HELMES | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| SUNIL SHARMA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BRENDAN BIGGINS | TREASURER/FINANCE COMMITTEE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 76 PROGRESS DRIVE, STAMFORD, CT 06902-3600
- Principal officer (990 for 2025)
- WILLIAM J HEALY II, 76 PROGRESS DRIVE, STAMFORD, CT 06902
- Signed the 990
- WILLIAM J HEALY II, EXECUTIVE DIRECTOR
- Phone
- (203) 359-2215
- Website
- WWW.NNISTAMFORD.ORG
- Return prepared by
- WHITTLESEY PC
Mission
NEW NEIGHBORHOODS, INC.'S PURPOSE IS TO DEVELOP, REDEVELOP, OWN AND MANAGE QUALITY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES AND TO WORK TO ASSIST IN THE PLANNING, RE-PLANNING, DEVELOPMENT AND IMPROVEMENT OF LOW AND MODERATE INCOME COMMUNITIES IN CONNECTICUT, WITH A FOCUS ON LOW FAIRFIELD COUNTY.
Program accomplishments
- NEW NEIGHBORHOODS IS AN OWNER OF SEVERAL REAL ESTATE COMPANIES AND PARTNERSHIPS WHICH OWN OVER 440 UNITS WHICH ARE RENTED TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES, WHICH INCLUDE SUPPORTIVE, VETERAN AND SENIOR UNITS IN STAMFORD, NORWALK AND DANBURY, CT.Expenses $5,390,338 · revenue $5,011,443
- NEW NEIGHBORHOODS, INC. PROVIDES SERVICES THAT FOCUSES ON MAXIMIZING RETURN AND PROPERTY VALUE AND THE DAY TO DAY MANAGEMENT ACTIVITIES OF THE DIFFERENT PROJECTS UNDER THEIR CONTROL.Expenses $4,199,767 · revenue $3,904,559
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-0864050
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $52,251,204
- Income (IRS master file)
- $10,411,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,411,926 | $12,439,101 | $52,251,204 | XML |
| 990 | December 2024 | $11,120,076 | $11,232,153 | $35,483,599 | XML |
| 990 | December 2023 | $9,199,553 | $8,747,169 | $34,377,591 | XML |
| 990 | December 2022 | $5,439,205 | $7,023,954 | $33,755,919 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-0864050).
Questions about NEW NEIGHBORHOODS INC
- What is the EIN of NEW NEIGHBORHOODS INC?
- The employer identification number (EIN) of NEW NEIGHBORHOODS INC is 06-0864050.
- Is NEW NEIGHBORHOODS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to NEW NEIGHBORHOODS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW NEIGHBORHOODS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW NEIGHBORHOODS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW NEIGHBORHOODS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW NEIGHBORHOODS INC?
- The 990 for the year ended December 31, 2025 names WILLIAM J HEALY II.
- Who are the officers and directors of NEW NEIGHBORHOODS INC?
- The 990 for the year ended December 31, 2025 lists 17 people; 7 received compensation from the organization, the highest $336,321 (WILLIAM J HEALY II, PRESIDENT/CEO).
- How much revenue does NEW NEIGHBORHOODS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,411,926, expenses of $12,439,101 and total assets of $52,251,204 at year end.
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