2023-10-05T11:02:45-05:00 2022-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-01-01 453797693 THE HAVEN PROJECT INC HAVE 7819135738 57 MUNROE STREET LYNN MA 01901 TRACEY SCHERRER EXECUTIVE DIRECTOR 7819135738 2023-09-19 1 TRACEY SCHERRER XXX-XX-XXXX 0 JOSEPH M GISO CPA MST P00030126 7819143400 2023-09-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TRACEY SCHERRER 57 MUNROE STREET LYNN MA 01901 903731 0 X WWW.HAVENPROJECT.NET X 2011 MA EQUIP AND EMPOWER HOMELESS OR IMMINENTLY HOMELESS YOUNG ADULTS WITH SKILLS AND SUPPORT THEY NEED TO BE SAFE AND SELF-SUPPORTING. 5 5 15 60 0 0 1029336 680239 77071 217148 114 24 7111 -6287 1113632 891124 0 0 0 0 352446 534906 0 0 60271 188684 259911 541130 794817 572502 96307 1292531 1125982 23242 39301 1269289 1086681 X FOUNDED IN 2011, THE HAVEN PROJECT, INC. (THE ORGANIZATION) IS A NOT-FOR-PROFIT ORGANIZATION OPERATING OUT OF LYNN, MA, WITH THE MISSION TO EQUIP, TRAIN, AND EMPOWER AT RISK HOMELESS YOUNG ADULTS BY PROVIDING THEM WITH THE BASIC NEEDS, ONLINE LEARNING, EDUCATIONAL SUPPORT, JOB TRAINING AND JOB ACQUISITION, STABLE LIVING OPTIONS, AND OPPORTUNITIES TO BUILD COMMUNITY AND LIFE SKILLS. 0 0 216059 133490 MAINTAINED AND STAFFED COFFEE SHOP OPEN TO THE PUBLIC BY PROVIDING JOBS, TRAINING, AND PUBLIC SERVICE EXPERIENCE FOR AT-RISK YOUNG ADULTS. 240731 83658 DROP-IN CENTER PROVIDED AT-RISK HOMELESS YOUNG ADULTS WITH BASIC NEEDS, FOOD, EDUCATION AND JOB TRAINING.*ENGAGED 283 HOMELESS UNACCOMPANIED THROUGH ONGOING SOCIAL MEDIA CONTACT, STREET OUTREACH, AND COMMUNITY RELATIONSHIPS; *PROVIDED GROCERY GIFT CARDS AND YEAR-ROUND ACCESS TO OUR ON-SITE FOOD PANTRY, LAUNDRY FACILITIES AND SHOWER FACILITIES; *MAINTAINED ONGOING PHONE/SOCIAL MEDIA/EMAIL CONTACT WITH 45 YOUTH EACH WEEK; *ENROLLED 100% OF ENGAGED CLIENTS IN MASS HEALTH AND/OR SNAP FOOD STAMP BENEFITS; *EMPLOYED 50 CLIENTS IN OUR JOB TRAINING PROGRAM WHERE THEY WERE ABLE TO BUILD IMPORTANT WORK SKILLS; *HELPED 50 YOUNG ADULTS SECURE SAFE AND RELIABLE EMPLOYMENT AND PROVIDED IN-PERSON AND/OR VIRTUAL JOB TRAINING WORKSHOPS TO 82 CLIENTS; *DEVELOPED 6 NEW PARTNERSHIPS TO (1) ASSIST CLIENTS AS THEY TRANSITION FROM OUR PROGRAM TO OUTSIDE WORK POSITIONS AND (2) IMPROVE OUR COMMUNITY OUTREACH AND NAME RECOGNITION. THESE INCLUDE THE WASH CYCLE, TARGET, BETH ISRAEL, ROOT, NSCC, AND SALEM STATE UNIVERSITY;*SECURED HOUSING FOR 54 HOMELESS YOUTH IN APARTMENTS, DORMS AND/OR ROOM RENTALS; *ASSISTED 26 CLIENTS TO ACHIEVE AN EDUCATIONAL MILESTONE, 23 OF WHOM GRADUATED FROM AN EDUATIONAL PROGRAM - HISET, HIGH SCHOOL, AND/OR COLLEGE ; AND *SECURING FUNDING FOR CATALYST HOUSING, OUR ON-SITE, PERMANENT SUPPORTIVE HOUSING PROJECT TO PROVIDE 23 STUDIO APARTMENTS FOR EXTREMELY LOW-INCOME YOUNG ADULTS (18-24, UP TO 30% AREA MEDIAN INCOME (AMI) WHO LACK ACCESS TO SECURE HOUSING). THIS PROJECT WILL OFFER WRAPAROUND SERVICES TO DOVETAIL WITH THE EXISTING SUPPORTIVE SERVICES OFFERED BY THE HAVEN PROJECT. CONSTRUCTION IN SET TO BEGIN IN FALL 2023. 89672 0 JOB TRAINING AND HOUSING PROGRAM PROVIDED AT RISK HOMELESS YOUNG ADULTS WITH TEMPORARY SHELTER AND JOB TRAINING. 546462 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X X TRACEY SCHERRER 7819135738 57 MONROE STREET LYNN MA 01901 KURT LANGE PRESIDENT 5.00 X X 0 0 0 ROBERT BISHOP VICE PRESIDENT 1.00 X X 0 0 0 MICHAEL A SATTERWHITE CLERK 1.00 X X 0 0 0 CECILIO HERNANADEZ JR TREASURER 1.00 X X 0 0 0 THERESA CONTI BOARD MEMBER 1.00 X 0 0 0 TRACEY SCHERRER EXECUTIVE DIRECTOR 40.00 X 97750 0 1894 97750 0 1894 0 0 0 0 0 22436 6000 651803 12883 680239 CAFE 722514 133490 133490 CONTRACT REVENUE 900099 83658 83658 217148 24 24 6320 22436 12607 -6287 -6287 891124 217148 0 -6263 97749 68592 21504 7653 382815 268625 84217 29973 9223 6472 2029 722 45119 31660 9926 3533 895 112 728 55 41276 5164 33590 2522 20932 2619 17034 1279 3263 3263 20909 11475 6193 3241 6132 45 6087 29261 19597 4832 4832 598 598 5712 5712 3740 2992 374 374 PROGRAM SUPPLIES 116558 116558 REPAIRS AND MAINTENANCE 5818 4438 1380 MEMBERSHIP DUES 3152 736 2416 STAFF DEVELOPMENT 1665 1665 794817 546462 188084 60271 713864 754052 61850 17159 26494 165085 4137 3249 7944 5909 49325 41898 5418 7427 444000 0 100009 4000 0 97916 1292531 1125982 23242 39301 23242 39301 X 1184276 1025285 85013 61396 1269289 1086681 1292531 1125982 96307 -278915 0 X X 0 1 X 1 0 X 420869 483757 610076 414479 686559 2615740 420869 483757 610076 414479 686559 2615740 525265 2090475 24 24 2615764 0.79920 0.85270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49325 41898 7427 7427 CATALYST HOUSING, LLC 97916 97916 X 907325 60000 60000 847325 43799 43799 891124 811018 60000 60000 751018 43799 43799 794817 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION, QUALIFYING UNDER IRS SECTION 501(C)(3), AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, HOWEVER, IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME IT WOULD BE TAXABLE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS TO REPORT. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, NO PROVISION FOR UNRELATED BUSINESS INCOME TAXES HAS BEEN MADE. INFORMATION RETURNS FILED REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE COMMONWEALTH OF MASSACHUSETTS, GENERALLY FOR THREE YEARS AFTER THE FILING DATE. PART XI, LINE 4B - OTHER ADJUSTMENTS: CAFE EXPENSES NETTED AGAINST REVENUE 43,799. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAFE EXPENSES NETTED AGAINST REVENUE 43,799. 2022 GALA 28756 22436 6320 3054 6320 1200 2033 28756 22436 6320 3054 6320 1200 2033 12607 -6287 FORM 990, PART VI, SECTION B, LINE 11B THE POLICY FOR DISTRIBUTION OF 990 FORM TO MEMBERS OF GOVERNING BODY: ALL BOARD MEMBERS WERE INVITED TO REVIEW THE HAVEN PROJECT'S 990 FORM AT THE ANNUAL BUSINESS MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE HAVEN PROJECT INC. (THE ORGANIZATION") CONFLICT OF INTEREST POLICY IS TO PROTECT THIS TAX-EXEMPT ORGANIZATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO PRESENT ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS THAT ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THE BOARD OR COMMITTEE HAS VOTED THAT A CONFLICT OF INTEREST EXISTS, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER TO APPROVE THE CONFLICTED TRANSACTION OR ARRANGEMENT ACCORDING TO SPECIFIC PROCEDURES INCLUDED IN THE POLICY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND, D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, THE ORGANIZATION SHALL CONDUCT PERIODIC REVIEWS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON PERFORMANCE AND COMPARABLE DATA. COMPETITIVE SALARY, COMPARING TO OTHER NON-PROFITS WITH SIMILAR MISSIONS IN COMMUNITY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON REQUEST; GUIDESTAR.ORG; MASS. ATTORNEY GENERAL WEBSITE -HTTP://WWW.CHARITIES.AGO.STATE.MA.US/CHARITIES/ AND OTHER SIMILAR TYPES OF WEBSITES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AND ALSO ON THE WEBSITE OF THE MASSACHUSETTS DIVISION OF PUBLIC CHARITIES. FORM 990, PAGE 6, GOVERNANCE, MANAGEMENT AND DISCLOSURES SECTION B; POLICIES LINE 14: DID THE ORGANIZATION HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY? THE ORGANIZATION'S BOARD OF DIRECTORS IS CURRENTLY EVALUATING THE APPROPRIATE DOCUMENT RETENTION AND DESTRUCTION POLICY FOR THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.