Nonprofit · EIN 22-2447934
NEW CONCEPTS FOR LIVING INC
Tax-exempt · PARAMUS, NJ 07652
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $42,854,993 | $37,436,897 | $5,418,096 | $66,745,477 | $25,107,335 | $41,638,142 |
| December 31, 2024 | 990 | $34,262,583 | $28,386,471 | $5,876,112 | $61,405,491 | $25,185,445 | $36,220,046 |
| December 31, 2023 | 990 | $26,483,784 | $20,832,971 | $5,650,813 | $52,308,093 | $21,964,159 | $30,343,934 |
| December 31, 2021 | 990 | $21,424,221 | $13,746,249 | $7,677,972 | $22,213,082 | $3,875,193 | $18,337,889 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $920,907
- of which government grants
- $355,710
- Program service revenue
- $41,793,954
- Investment income
- $92,700
- Net gain from sales of assets
- $57,218
- Other revenue
- $47,432
Expenses
- Grants and similar amounts paid
- $71,306
- Compensation of officers, directors and key employees
- $834,989
- Other salaries and wages
- $24,764,984
- Salaries, compensation and benefits (total)
- $29,897,265
- Professional fundraising fees
- $0
- Legal fees
- $41,728
- Accounting fees
- $51,800
- Occupancy
- $1,372,621
- Travel
- $459,628
- Depreciation
- $2,320,461
- Program services (functional)
- $32,404,925
- Management and general (functional)
- $4,467,050
- Fundraising (functional)
- $564,922
Balance sheet and other
- Total assets, start of year
- $61,405,491
- Total assets, end of year
- $66,745,477
- Total liabilities, end of year
- $25,107,335
- Net assets, end of year
- $41,638,142
- Land, buildings and equipment
- $62,922,803
- Net assets without donor restrictions
- $39,278,826
- Net assets with donor restrictions
- $2,359,316
- Gross receipts
- $42,967,861
- Employees
- 625
- Volunteers
- 11
- Year formed
- 1986
- State of legal domicile
- NJ
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 |
|---|---|---|---|---|
| Steve Setteducati | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 70 | $452,816 | $53,516 |
| GUS LOUKAS | CHIEF FINANCIAL OFFICER Officer | 55 | $321,882 | $6,775 |
| DANIEL MIHALINEC | DIRECTOR OF FACILITIES Highest-paid employee | 45 | $225,385 | $0 |
| ANTHONY SETTEDUCATI JR | DIRECTOR OF HUMAN RESOURCES Highest-paid employee | 45 | $189,044 | $13,387 |
| DEBRA TONYES | DIRECTOR OF RESIDENTIAL SERVIC Highest-paid employee | 45 | $194,347 | $6,872 |
| ATHANASIO RIZAS | DIRECTOR OF IT Highest-paid employee | 45 | $194,231 | $0 |
| SHARON SCIMECA | DIRECTOR OF DEVELOPMENT Highest-paid employee | 45 | $192,500 | $0 |
| WILLIAM SMITH | CHAIRMAN/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| MARK ORECCHIO | Vice ChairmAN/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Paster ANTHONY IOVINE | SECRETARY/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Gennaro Rotella | TREASURER/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Dan Corcoran | Trustee Trustee or director | 1 | $0 | $0 |
| David Aboudi | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Joseph Voytus | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Linda Wasserstein | Trustee Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lisa Babin | TRUSTEE Trustee or director | 1 | $0 |
| Richard Ackley Jr | TRUSTEE Trustee or director | 1 | $0 |
| Ron Krauskopf | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE SETTEDUCATI | Chief Executive Officer Trustee or director, Officer | 70 | $449,471 | $49,955 |
| Gus Loukas | Chief Financial Officer Officer | 55 | $284,768 | $6,061 |
| DANIEL MIHALINEC | DIRECTOR of Facilities Highest-paid employee | 45 | $235,385 | $0 |
| SHARON SCIMECA | DIRECTOR OF DEVELOPMENT Highest-paid employee | 45 | $191,000 | $0 |
| Debra Tonyes | DIRECTOR OF RESIDENTIAL SERVIC Highest-paid employee | 45 | $184,823 | $6,061 |
| Athanasio Rizas | Director of IT Highest-paid employee | 45 | $182,693 | $0 |
| ANTHONY SETTEDUCATI JR | DIRECTOR OF HUMAN RESOURCES Highest-paid employee | 45 | $155,467 | $11,463 |
| WILLIAM SMITH | Chairman/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| MARK ORECCHIO | Vice ChairmAN/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Paster ANTHONY IOVINE | SECRETARY/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Gennaro Rotella | TREASURER/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Dan Corcoran | Trustee Trustee or director | 1 | $0 | $0 |
| David Aboudi | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Joseph Voytus | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Linda Wasserstein | Trustee Trustee or director | 1 | $0 | $0 |
| Lisa Babin | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Richard Ackley Jr | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Ron Krauskopf | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE SETTEDUCATI | Chief Executive Officer Trustee or director, Officer | 70 | $409,502 | $46,070 |
| Gus Loukas | Chief Financial Officer Officer | 55 | $238,246 | $9,671 |
| DANIEL MIHALINEC | DIRECTOR of Facilities Highest-paid employee | 45 | $184,231 | $0 |
| Debra Tonyes | DIRECTOR OF RESIDENTIAL SERVIC Highest-paid employee | 45 | $154,713 | $11,427 |
| Marsha Warren | Licensed Practical Nurse Highest-paid employee | 45 | $156,168 | $3,933 |
| Athanasio Rizas | Director of IT Highest-paid employee | 45 | $155,250 | $0 |
| ALEXANDRA GRAY | DIRECTOR of Behavior services Highest-paid employee | 45 | $135,838 | $11,290 |
| WILLIAM SMITH | CHAIR/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| MARK ORECCHIO | VICE CHAIR/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| Paster ANTHONY IOVINE | SECRETARY/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| Gennaro Rotella | TREASURER/TRUSTEE Trustee or director, Officer | 5 | $0 | $0 |
| Calvin Pascall | Trustee Trustee or director | 1 | $0 | $0 |
| RICHARD ACKLEY Jr | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Dan Corcoran | TRUSTEE Trustee or director | 1 | $0 | $0 |
| David Aboudi | Trustee Trustee or director | 1 | $0 | $0 |
| Lisa Babin | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Stefanie Levin | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LINDA WASSERSTEIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2021: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE SETTEDUCATI | Chief Executive Officer Trustee or director, Officer | 40 | $409,308 | $39,895 |
| Gus Loukas | Chief Financial Officer Officer | 40 | $177,919 | $15,515 |
| Abraham Papee Yancy | Direct Care Counselor Highest-paid employee | 40 | $151,709 | $7,478 |
| Debra Tonyes | DIRECTOR OF RESIDENTIAL SERVIC Highest-paid employee | 40 | $134,688 | $13,779 |
| Athanasio Rizas | Director of IT Highest-paid employee | 40 | $139,135 | $0 |
| ADAM FISHMAN | ASSOCIATE EXECUTIVE DIRECTOR Officer | 40 | $129,379 | $7,478 |
| Steven Costantin | New Home Construction Manager Highest-paid employee | 40 | $117,094 | $6,864 |
| Alexandra Gray | Admin Highest-paid employee | 40 | $115,130 | $5,780 |
| HOMER J CUDIA | CHAIRMAN/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| Paster ANTHONY IOVINE | SECRETARY/Trustee Trustee or director, Officer | 5 | $0 | $0 |
| RICHARD ACKLEY Jr | Trustee Trustee or director | 1 | $0 | $0 |
| Dan Corcoran | Trustee Trustee or director | 1 | $0 | $0 |
| MARK ORECCHIO | Trustee Trustee or director | 1 | $0 | $0 |
| PAUL PROVOST | Trustee Trustee or director | 1 | $0 | $0 |
| MARY ELLEN ROHON | Trustee Trustee or director | 1 | $0 | $0 |
| Gennaro Rotella | Trustee/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM SMITH | Vice Chairman/Trustee Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 765 ROUTE 17, PARAMUS, NJ 07652-3112
- In care of
- % GUS LOUKAS CFO
- Principal officer (990 for 2025)
- STEVE SETTEDUCATI, 765 Route 17, Paramus, NJ 07652
- Signed the 990
- Gus Loukas, CFO
- Phone
- (201) 843-3427
- Website
- WWW.NCFL.NET
- Return prepared by
- WithumSmithBrown PC
Mission
NEW CONCEPTS IS A COMMUNITY NON-PROFIT ORGANIZATION COMMITTED TO PEOPLE WITH DISABILITIES AND THEIR FAMILIES. (SEE SCHEDULE O ATTACHMENT FOR DETAIL)
Program accomplishments
- 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 22 homes throughout the county and will be opening four additional community residences in 2026.Expenses $22,916,900 · grants $19,039 · revenue $33,381,433
- 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.Expenses $9,488,025 · grants $52,267 · revenue $8,459,953
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
- 22-2447934
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $66,745,477
- Income (IRS master file)
- $42,967,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $42,854,993 | $37,436,897 | $66,745,477 | XML |
| 990 | December 2024 | $34,262,583 | $28,386,471 | $61,405,491 | XML |
| 990 | December 2023 | $26,483,784 | $20,832,971 | $52,308,093 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $22,570,388 | $16,204,486 | $43,680,911 | IRS |
| 990 | December 2021 | $21,424,221 | $13,746,249 | $22,213,082 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 22-2447934).
Questions about NEW CONCEPTS FOR LIVING INC
- What is the EIN of NEW CONCEPTS FOR LIVING INC?
- The employer identification number (EIN) of NEW CONCEPTS FOR LIVING INC is 22-2447934.
- Is NEW CONCEPTS FOR LIVING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to NEW CONCEPTS FOR LIVING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW CONCEPTS FOR LIVING 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 CONCEPTS FOR LIVING 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 CONCEPTS FOR LIVING 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 CONCEPTS FOR LIVING INC?
- The 990 for the year ended December 31, 2025 names STEVE SETTEDUCATI.
- Who are the officers and directors of NEW CONCEPTS FOR LIVING INC?
- The 990 for the year ended December 31, 2025 lists 18 people; 7 received compensation from the organization, the highest $452,816 (Steve Setteducati, CHIEF EXECUTIVE OFFICER).
- How much revenue does NEW CONCEPTS FOR LIVING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $42,854,993, expenses of $37,436,897 and total assets of $66,745,477 at year end.
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