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Nonprofiteer
← NEW REACH INC

Form 990 for tax year 2023

Filed by NEW REACH INC.

Totals

Total revenue
$9,839,132
Total expenses
$10,910,539
Contributions and grants received
$8,208,566
Grants paid
$0
Program service revenue
$1,043,157
Investment income
$162,708
Other revenue
$424,701
Total assets, end of year
$20,079,821
Total liabilities, end of year
$6,700,134
Net assets or fund balances, end of year
$13,379,687
Program services expenses (Part IX)
$8,738,371
Management and general expenses
$1,697,192
Fundraising expenses
$474,976
Program service expenses (Part III)
$8,738,371

Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $8,208,566

  • 2a · Program service revenue: PROGRAM RENTS

    total $1,043,157 · related or exempt $1,043,157

  • 3 · Investment income

    total $152,045 · excluded $152,045

  • 7a · Gross sales of assets other than inventory

    other assets $86,400

  • 7b · Less cost or other basis and sales expenses

    other assets $75,737

  • 7c · Gain or loss

    other assets $10,663

  • 7d · Net gain or loss

    total $10,663 · excluded $10,663

  • 8a · Fundraising events: gross income

    $436,534

  • 8b · Fundraising events: direct expenses

    $79,861

  • 8c · Net income from fundraising events

    total $356,673 · excluded $356,673

  • 11a · Other revenue: OTHER REVENUE

    total $68,028 · related or exempt $68,028

  • 11e · Other revenue, total

    $68,028

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $180,640 · program services $88,514 · management and general $92,126

  • 7 · Other salaries and wages

    total $4,316,562 · program services $3,182,451 · management and general $800,510 · fundraising $333,601

  • 9 · Other employee benefits

    total $795,453 · program services $532,041 · management and general $204,643 · fundraising $58,769

  • 10 · Payroll taxes

    total $331,328 · program services $271,689 · management and general $43,073 · fundraising $16,566

  • 11g · Fees: other

    total $234,285 · program services $43,508 · management and general $190,618 · fundraising $159

  • 13 · Office expenses

    total $256,875 · program services $228,088 · management and general $9,610 · fundraising $19,177

  • 14 · Information technology

    total $349,046 · program services $184,970 · management and general $143,502 · fundraising $20,574

  • 16 · Occupancy

    total $1,011,195 · program services $917,605 · management and general $93,590

  • 19 · Conferences, conventions and meetings

    total $4,966 · program services $1,120 · management and general $2,416 · fundraising $1,430

  • 20 · Interest

    total $137,933 · program services $107,946 · management and general $24,114 · fundraising $5,873

  • 22 · Depreciation, depletion and amortization

    total $554,145 · program services $485,842 · management and general $54,704 · fundraising $13,599

  • 23 · Insurance

    total $194,101 · program services $163,437 · management and general $26,311 · fundraising $4,353

  • 24a · Other expenses: DONATED FOOD

    total $1,671,619 · program services $1,671,619

  • 24b · Other expenses: CLIENT SERVICES

    total $725,537 · program services $724,662 · management and general $0 · fundraising $875

  • 24c · Other expenses: PROFESSIONAL DEVELOPMEN

    total $104,030 · program services $103,145 · management and general $885

  • 24d · Other expenses: SUBCONTRACTS

    total $30,861 · program services $30,861

  • 24e · All other expenses

    total $11,963 · program services $873 · management and general $11,090

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,399,418 · end of year $3,157,331

  • 3 · Pledges and grants receivable

    beginning of year $1,085,790 · end of year $821,670

  • 9 · Prepaid expenses and deferred charges

    beginning of year $33,699 · end of year $57,715

  • 10a · Land, buildings and equipment: cost or other basis

    $19,776,543

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,025,790

  • 10c · Land, buildings and equipment, net

    beginning of year $15,233,704 · end of year $14,750,753

  • 11 · Investments: publicly traded securities

    beginning of year $750,668 · end of year $825,665

  • 15 · Other assets

    beginning of year $167,637 · end of year $466,687

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,153,597 · end of year $898,260

  • 19 · Deferred revenue

    beginning of year $2,797,805 · end of year $3,178,720

  • 23 · Secured mortgages and notes payable

    beginning of year $2,393,007 · end of year $2,296,568

  • 25 · Other liabilities

    beginning of year $73,572 · end of year $326,586

  • 27 · Net assets without donor restrictions

    beginning of year $3,967,107 · end of year $3,093,859

  • 28 · Net assets with donor restrictions

    beginning of year $10,285,828 · end of year $10,285,828

Mission and programs · 2023

Mission

NEW REACH'S MISSION IS TO INSPIRE LASTING INDEPENDENCE FOR ALL PEOPLE AFFECTED BY HOMELESSNESS AND POVERTY THROUGH A CONTINUUM OF HOUSING AND SUPPORT USING THE MOST INNOVATIVE, PROGRESSIVE, EQUITABLE, AND INCLUSIVE METHODS. SUSTAINING A FIDELITY TO THIS MISSION HELPS US IN REACHING OUR GOAL TO END HOMELESSNESS, WHICH TRANSLATES TO MAKING IT RARE, BRIEF, AND ONE-TIME.

Activities or mission (Part I)

NEW REACH'S MISSION IS TO INSPIRE INDEPENDENCE FOR THOSE AFFECTED BY HOMELESSNESS AND POVERTY THROUGH A CONTINUUM OF HOUSING AND SUPPORT USING THE MOST INNOVATIVE AND PROGRESSIVE METHODS.

  • WITH REGARD TO PREVENTION, NEW REACH'S HIGH-QUALITY AND COLLABORATIVE EVICTION PREVENTION SERVICES HELP LOW-INCOME HOUSEHOLDS TO AVERT EVICTION AND ANY ASSOCIATED TRAUMA, TO BUILD STRONG SUPPORT SYSTEMS, AND ULTIMATELY MAKE HOMELESSNESS RARE. NEW REACH'S CASE MANAGEMENT SERVICES ARE STRENGTHS-BASED, PERSON-CENTERED, AND TRAUMA-INFORMED USING THE MOST PROGRESSIVE EVIDENCE-BASED PRACTICES THAT PROMOTE CLIENT CHOICE, LONG-TERM INDEPENDENCE, AND HOUSING STABILITY.

    Expenses $647,783

  • UNDER NEW REACH'S CRISIS SERVICES UMBRELLA, THE AIM IS TO MAKE HOMELESSNESS BRIEF. NEW REACH'S SERVICES IN THE FOLLOWING PROGRAMS USE A HOUSING FIRST PHILOSOPHY OF CARE AND EVIDENCE-BASED PRACTICES TO ACCOMPLISH THIS. THE EMERGENCY SHELTER PROGRAM (ESP) HAS THE CAPACITY TO SERVE 23 WOMEN WITH CHILDREN AND 18 INDIVIDUAL WOMEN EVERY DAY (24/7) WHO HAVE EXPERIENCED HOMELESSNESS BY PROVIDING TWO SAFE, SECURE, AND SUPPORTIVE PLACES TO STAY. THE RESIDENCES ARE LOCATED IN NEW HAVEN, CT AND SERVE GUESTS FROM THE GREATER NEW HAVEN REGION. ESP GUESTS HAVE ACCESS TO ONSITE CASE MANAGEMENT, DONATED FOOD, A KITCHEN, LAUNDRY APPLIANCES, A COMPUTER LAB, HYGIENE ESSENTIALS, DIAPERS, CLOTHING, AND FURNITURE UPON EXIT. THE AGENCY'S RAPID REHOUSING PROGRAM PROVIDES RENTAL ASSISTANCE ALONG WITH THE DELIVERY OF SHORT-TERM CASE MANAGEMENT SERVICES TO AT-RISK RESIDENTS WHO HAVE EXPERIENCED HOMELESSNESS IN BOTH FAIRFIELD AND NEW HAVEN COUNTIES. WORKING TO MAKE HOMELESSNESS BRIEF, NEW REACH'S INTEGRATED CARE PROGRAM (ICP) IS A COLLABORATIVE EFFORT WITH YALE NEW HAVEN HOSPITAL THAT SERVES WOMEN WHO ARE HOMELESS, HAVE CO-OCCURRING DISORDERS, AND A HIGH HOSPITAL UTILIZATION. THE ICP TEAM IS PROFICIENT IN HELPING CLIENTS CONNECT WITH INNOVATIVE HOUSING OPTIONS AND SUPPORTIVE SERVICES THAT BEST MEET THEIR UNIQUE NEEDS. THE FURNITURE CO-OP HELPS THOSE EXITING HOMELESSNESS TO MAKE THEIR HOUSING A HOME BY DELIVERING GENTLY USED FURNISHINGS. CASE MANAGEMENT IN ALL PROGRAMS CONNECTS GUESTS TO NEEDED SERVICES AND RESOURCES LIKE HOUSING, ENTITLEMENTS, EMPLOYMENT, EDUCATION, FINANCIAL COUNSELING, HEALTHCARE, CHILDCARE, AND OTHER RESOURCES.

    Expenses $3,843,532

  • UNDER THE HOUSING UMBRELLA, NEW REACH'S SUPPORTIVE HOUSING PROGRAM (PSH) BENEFITS THOSE WHO HAVE EXPERIENCED HOMELESSNESS OR WERE AT RISK OF BECOMING HOMELESS BY COUPLING HOUSING SUBSIDIES WITH ONGOING CASE MANAGEMENT SERVICES AND SUPPORTS DESIGNED TO ACHIEVE LONG-TERM STABILIZATION MAKING HOMELESSNESS ONE-TIME. WELL-TRAINED IN MULTIPLE EVIDENCE-BASED PRACTICES, PSH STAFF FOSTER INDEPENDENCE WHILE MEETING THE INDIVIDUAL NEEDS OF HOUSEHOLDS SERVED.

    Expenses $2,629,017

  • Expenses $1,618,039

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Frederick Leaf Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Aishia Bello

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Shalonda Ford

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Edward Simon

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Michael Holmes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Toshiba Smart

    EXECUTIVE ASSISTANT

    Total calculated
    $0
    Hours/week
    39 + 1 related

  • Payal Khandhedia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Sunny Nariyani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Jane Glassman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Arielle Smitt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Julia Hunt Bogardus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Damaris Garcia

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.2 related

  • Kellyann Day

    CEO

    Total calculated
    $195,399
    From this org
    $180,640
    From related orgs
    $0
    Other
    $14,759
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $180,640
    Bonus
    $0
    Other
    $0
    Deferred
    $5,754
    Nontaxable benefits
    $9,005
    Filer's total
    $195,399

  • Nicole Barnofski

    CPO

    Total calculated
    $141,235
    From this org
    $136,686
    From related orgs
    $0
    Other
    $4,549
    Hours/week
    39 + 1 related

  • Meredith Clay

    CHIEF QUALITY AND COMPLIANCE OFFICER

    Total calculated
    $137,725
    From this org
    $125,610
    From related orgs
    $0
    Other
    $12,115
    Hours/week
    39 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • LIFE HAVEN INC

    501(C)(3) · EMERGENCY SHELTER · CT

    Directly controlled by NEW REACH INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GELLER COMMONS LLC

    AFFORDABLE HOUSING · CT · income $487,053 · assets $6,534,716

    Directly controlled by NEW REACH INC

  • PECK STREET LLC

    PROPERTY · CT · income $8,400 · assets $2,620,162

    Directly controlled by NEW REACH INC

  • PORTSEA PLACE LLC

    AFFORDABLE HOUSING · CT · assets $1,653,679

    Directly controlled by NEW REACH INC

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202511359349313866

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