New Concepts For Living Inc
- Assets
- $15.2m
- Revenue
- $17.4m
- Investments
- $0.0
- Employees
- 286
- Location
- Rochelle Park, NJ
- Founding
- 05/1984
- Data as of
- 12/2020
- EIN
- 22-2447934
Organization Overview
New Concepts For Living Inc is located in Rochelle Park, NJ. The organization was established in 1984. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2020, New Concepts For Living Inc employed 286 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Concepts For Living Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, New Concepts For Living Inc generated $17.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $12.3m during the year ending 12/2020. While expenses have increased by 14.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
NEW CONCEPTS ENABLES PEOPLE TO REALIZE THEIR DREAMS AND TO ACHIEVE THEIR INDIVIDUAL POTENTIAL THROUGH QUALITY COMMUNITY PROGRAMS AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING - NEW CONCEPTS PROVIDES A WONDERFUL ENVIRONMENT FOR HOUSING WHICH INCLUDES GROUP HOMES, SUPERVISED APARTMENTS AND SUPPORTIVE LIVING.(SEE SCHEDULE O ATTACHMENT FOR DETAIL)
ADULT ACHIEVEMENT CENTER - INCLUDES A DAY PROGRAM AND VOCATIONAL TRAINING.(SEE SCHEDULE O ATTACHMENT FOR DETAIL)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Setteducati Chief Executive Officer | OfficerTrustee | 50 | $383,425 |
Abraham Pepee Yancy Direct Care Counselor | 40 | $138,362 | |
Adam Fishman Associate Executive Director | Officer | 40 | $131,738 |
Athanasio Rizas Director Of It | 40 | $126,731 | |
Debra Tonyes Director Of Residential Servic | 40 | $118,175 | |
Maria Rossi Senior Manager Hr | 40 | $106,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $380,023 |
| All other contributions, gifts, grants, and similar amounts not included above | $167,714 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $547,737 |
| Total Program Service Revenue | $16,778,841 |
| Investment income | $47,654 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,700 |
| Net Income from Fundraising Events | -$14,633 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,388,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,090 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $737,429 |
| Compensation of current officers, directors, key employees. | $737,429 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,052,938 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $913,845 |
| Payroll taxes | $751,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75,274 |
| Fees for services: Accounting | $39,983 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,937 |
| Advertising and promotion | $34,756 |
| Office expenses | $110,787 |
| Information technology | $172,400 |
| Royalties | $0 |
| Occupancy | $462,688 |
| Travel | $101,981 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,923 |
| Interest | $46,138 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $387,517 |
| Insurance | $128,335 |
| All other expenses | $196,428 |
| Total functional expenses | $12,305,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $496,612 |
| Savings and temporary cash investments | $8,392,557 |
| Pledges and grants receivable | $1,750 |
| Accounts receivable, net | $810,826 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,721 |
| Net Land, buildings, and equipment | $5,343,085 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,729 |
| Total assets | $15,183,280 |
| Accounts payable and accrued expenses | $1,067,234 |
| Grants payable | $46,137 |
| Deferred revenue | $34,924 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $59,193 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,169,832 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,087 |
| Total liabilities | $4,390,407 |
| Net assets without donor restrictions | $9,357,681 |
| Net assets with donor restrictions | $1,435,192 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,183,280 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Concepts For Living Inc has recieved totaling $15,992.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $15,743 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abbott House Irvington, NY | $21,964,456 | $48,325,456 |
Living Resources Corp Albany, NY | $27,600,860 | $48,007,513 |
Womens League Community Residences Inc Brooklyn, NY | $30,529,251 | $39,206,945 |
Aabr Inc College Point, NY | $36,084,962 | $33,000,685 |
Pathways Inc Corning, NY | $32,469,047 | $34,398,710 |
Horizon House Development Service Inc Philadelphia, PA | $8,157,409 | $30,701,398 |
Guild For Exceptional Children Brooklyn, NY | $22,465,344 | $29,123,847 |
Good Shepherd Long-Term Care Facility Allentown, PA | $41,130,787 | $25,803,983 |
Verland Foundation Inc Sewickley, PA | $17,047,927 | $25,716,770 |
Bonnie Brae Liberty Corner, NJ | $54,776,658 | $31,704,882 |
Childrens Home Of Poughkeepsie Ny Poughkeepsie, NY | $31,862,673 | $20,505,765 |
Elmcrest Childrens Center Inc Syracuse, NY | $37,848,520 | $27,658,349 |