Form 990 for tax year 2022

Filed by NEW REACH INC.

Totals

Total revenue: $8,820,910
Total expenses: $9,711,142
Contributions and grants received: $7,494,947
Grants paid: $0
Program service revenue: $995,516
Investment income: $45,016
Other revenue: $285,431
Total assets, end of year: $20,670,916
Total liabilities, end of year: $6,417,981
Net assets or fund balances, end of year: $14,252,935
Program services expenses (Part IX): $7,598,407
Management and general expenses: $1,683,751
Fundraising expenses: $428,984
Program service expenses (Part III): $7,598,407

Program services were 78.2% 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.

1b · Membership dues

$133,833
1e · Government grants (contributions)

$6,203,033
1f · All other contributions, gifts and grants

$1,158,081
2a · Program service revenue: PROGRAM RENTS

total $995,516 · related or exempt $995,516
3 · Investment income

total $45,016 · excluded $45,016
8a · Fundraising events: gross income

$362,757
8b · Fundraising events: direct expenses

$77,326
8c · Net income from fundraising events

total $285,431 · excluded $285,431

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $4,341,324 · program services $3,052,891 · management and general $1,025,922 · fundraising $262,511
9 · Other employee benefits

total $726,208 · program services $534,460 · management and general $149,648 · fundraising $42,100
10 · Payroll taxes

total $337,352 · program services $227,736 · management and general $89,902 · fundraising $19,714
11b · Fees: legal

total $20,300 · program services $19,748 · management and general $473 · fundraising $79
11c · Fees: accounting

total $40,000 · program services $27,273 · management and general $10,909 · fundraising $1,818
11g · Fees: other

total $101,958 · program services $69,954 · management and general $19,263 · fundraising $12,741
12 · Advertising and promotion

total $27,331 · program services $70 · fundraising $27,261
13 · Office expenses

total $521,433 · program services $277,116 · management and general $232,566 · fundraising $11,751
14 · Information technology

total $177,939 · program services $141,455 · management and general $21,176 · fundraising $15,308
16 · Occupancy

total $595,242 · program services $577,333 · management and general $13,407 · fundraising $4,502
17 · Travel

total $31,994 · program services $26,514 · management and general $5,144 · fundraising $336
19 · Conferences, conventions and meetings

total $58,628 · program services $55,355 · management and general $2,384 · fundraising $889
20 · Interest

total $94,959 · program services $62,634 · management and general $26,240 · fundraising $6,085
22 · Depreciation, depletion and amortization

total $550,850 · program services $497,448 · management and general $37,598 · fundraising $15,804
23 · Insurance

total $115,655 · program services $109,888 · management and general $5,767
24a · Other expenses: IN-KIND

total $631,139 · program services $631,139
24b · Other expenses: CLIENT SERVICES

total $629,565 · program services $628,141 · management and general $1,424
24c · Other expenses: REPAIRS AND MAINTENANCE

total $488,943 · program services $459,189 · management and general $27,230 · fundraising $2,524
24d · Other expenses: SUBCONTRACTS

total $105,994 · program services $100,104 · management and general $5,890
24e · All other expenses

total $114,328 · program services $99,959 · management and general $8,808 · fundraising $5,561

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $1,862,671 · end of year $3,399,418
3 · Pledges and grants receivable

beginning of year $854,487 · end of year $1,085,790
9 · Prepaid expenses and deferred charges

beginning of year $43,381 · end of year $33,699
10a · Land, buildings and equipment: cost or other basis

$19,796,712
10b · Land, buildings and equipment: accumulated depreciation

$4,563,008
10c · Land, buildings and equipment, net

beginning of year $15,441,990 · end of year $15,233,704
11 · Investments: publicly traded securities

beginning of year $690,412 · end of year $750,668
15 · Other assets

beginning of year $169,075 · end of year $167,637
17 · Accounts payable and accrued expenses

beginning of year $920,996 · end of year $1,153,597
19 · Deferred revenue

beginning of year $482,250 · end of year $2,797,805
23 · Secured mortgages and notes payable

beginning of year $2,492,396 · end of year $2,393,007
25 · Other liabilities

beginning of year $96,012 · end of year $73,572
27 · Net assets without donor restrictions

beginning of year $4,784,534 · end of year $3,967,107
28 · Net assets with donor restrictions

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

Mission and programs · 2022

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 $7,598,407
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.
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.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Leo Connors JrLEO CONNORS JR

CHAIR

Total calculated

$0

Hours/week

1 + 0.2 related
Frederick Leaf EsqFREDERICK LEAF ESQ

VICE CHAIR

Total calculated

$0

Hours/week

1 + 0.2 related
Greg McLaughlinGREG MCLAUGHLIN

SECRETARY

Total calculated

$0

Hours/week

1 + 0.2 related
Payal KhandhediaPAYAL KHANDHEDIA

TREASURER

Total calculated

$0

Hours/week

1 + 0.2 related
Michael HolmesMICHAEL HOLMES

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Deborah WoodworthDEBORAH WOODWORTH

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Cathy PettinellaCATHY PETTINELLA

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Aishia BelloAISHIA BELLO

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Shalonta FordSHALONTA FORD

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Jane GlassmanJANE GLASSMAN

SECRETARY

Total calculated

$0

Hours/week

1 + 0.2 related
Arielle SmittARIELLE SMITT

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Susan NetterSUSAN NETTER

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Damaris GarciaDAMARIS GARCIA

BOARD MEMBER

Total calculated

$0

Hours/week

1 + 0.2 related
Kellyann DayKELLYANN DAY

CEO

Total calculated

$183,104

From this org

$183,053

From related orgs

$0

Other

$51

Hours/week

49 + 1 related

Schedule J breakdown matched by us

Base

$183,053

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$51

Filer's total

$183,104
Victoria HwangVICTORIA HWANG

EXECUTIVE ASSISTANT

Total calculated

$0

Hours/week

39 + 1 related
Lisa AsadourianLISA ASADOURIAN

COO

Total calculated

$155,577

From this org

$155,244

From related orgs

$0

Other

$333

Hours/week

39 + 1 related

Schedule J breakdown matched by us

Base

$155,244

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$333

Filer's total

$155,577
Nicole BarnofskiNICOLE BARNOFSKI

CPO

Total calculated

$131,900

From this org

$131,900

From related orgs

$0

Other

$0

Hours/week

39 + 1 related
Meredith DamboiseMEREDITH DAMBOISE

CHEIF QUALITY AND COMPLIANCE OFFICER

Total calculated

$117,436

From this org

$117,364

From related orgs

$0

Other

$72

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 $421,171 · assets $6,646,093

Directly controlled by NEW REACH INC
PECK STREET LLC

PROPERTY · CT · income $0 · assets $3,087,297

Directly controlled by NEW REACH INC
PORTSEA PLACE LLC

AFFORDABLE HOUSING · CT · income $161,125 · assets $2,015,200

Directly controlled by NEW REACH INC

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 May 2024
IRS schema version: 2022v5.0
Source object: 202431369349312218

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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