2023-08-28T08:52:13-07:00 2022-12-31 222710702 Topel & Silver 29 Plaza 9 Manalapan NJ 07726 990 2022-01-01 223120920 GARDEN STATE CONSUMER CREDIT COUNSELING INC GARD 7324096281 200 US HIGHWAY 9 MANALAPAN NJ 07726 Todd Suler Treasurer 2023-08-28 true Todd Suler 999009999 true Clifford M Topel CPA P00149963 7327801200 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Joel Greenberg 200 US HIGHWAY 9 MANALAPAN NJ 07726 14075218 false X www.navicoresolutions.org X 1991 NJ Housing Counseling; Credit Counseling; Bankruptcy Counseling; Health and Wellness Counseling; Education and Other Outreach Programs. A debt management plan for individuals who need additional assistance with unsecured debt and will benefit from this activity. 11 10 196 10 0 5644866 5924115 8861536 7968755 79 11845 300833 170503 14807314 14075218 0 0 9181902 9821683 0 224997 3372048 3717275 12553950 13538958 2253364 536260 15368790 14481637 10686452 9305933 4682338 5175704 X The primary focus of Garden State Consumer Credit Counseling, Inc. ("Navicore Solutions"), a non-profit organization, is to strengthen the well-being of individuals and families through education, guidance, advocacy, and support. Our most significant activities include housing counseling, credit counseling, bankruptcy counseling, financial education, and other outreach programs. Finally, for those individuals who qualify, the company provides a debt management program. false false 5509944 6666684 Debt Management ProgramWe administer a Debt Management Program (DMP) for those individuals who require assistance in managing their finances and unsecured debt. We design and implement a repayment plan, communicate with creditors, and receive and disburse funds to creditors on behalf of DMP clients. 4877200 4824285 Budget Counseling & EducationA complete budget analysis is prepared for consumers experiencing budget, credit or debt related concerns. One on one counseling assesses the consumer's monthly financial profile and facilitates guidance to resources. Our counseling model includes a thorough budget analysis and the development of an action plan supported by resources, recommendations, and education material.During the period, we provided over 17,000 counseling sessions whereby a budget analysis, resources, information and guidance were afforded. In addition, an average of over 9,600 types of education material were delivered per month, excluding material distributed as part of our community outreach work and via our website. 850946 1277697 Housing CounselingOur Housing Counseling services include pre-purchase, rental, default/foreclosure prevention, home equity conversion mortgage counseling and HECM default counseling. A certified housing counselor may also assist homeowners with negotiating a repayment plan, securing a loan modification or other possible solutions that will allow the homeowner to retain homeownership. An important program to note:Rental Counseling: As a result of COVID and the rise of inflation, many renters are left facing eviction. In an effort to develop repayment options for renters and assist with linking to state/county rental assistance programs, Navicore has partnered with other national non-profit groups to implement a program to assist vulnerable renters in avoiding eviction. 576122 1291352 11814212 true true false false false false false false true false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 68 0 true 196 true false false false false false false false 0 false false false false false false false X 11 10 false false false false false false false true true false false true true true true true true true true false AL CA CT GA IL MA MD ME MS MT NH NJ NM NY OR PR UT VI X TODD SULER 7324096281 200 US HIGHWAY 9 MANALAPAN NJ 07726 Todd Suler Treasurer 60.00 0.00 X 952349 0 25845 Diane Gray Chief Prog Offi 70.00 0.00 X 365889 0 9481 Jill Feldman President 85.00 0.00 X 280152 0 49181 Joel Greenberg Executive Dir. 40.00 0.00 X X 188637 0 42785 Isis Malagrino DIR.OF CUSTOMER SE 50.00 0.00 140463 0 41610 Richard Getz Director of Indust 50.00 0.00 108220 0 37394 Bruce Cameron Sr Software Engine 50.00 0.00 112374 0 19714 Kelly Zambrano Corp. Secretary 60.00 0.00 108232 0 21842 Chip Fichot Sr.Business Sys An 50.00 0.00 108670 0 18357 Richard Verrillo Dr of Bus Developm 50.00 0.00 108457 0 4674 James Lanza Infrastructure Dir 50.00 0.00 46142 0 20914 Rebecca Winters Asst Corp Secre 50.00 0.00 X 41938 0 1205 Roy Lopez Trustee 1.00 0.00 X 0 0 0 Donell Young Trustee 1.00 0.00 X 0 0 0 William Lawrence Trustee 1.00 0.00 X 0 0 0 Deborah Figart Trustee 1.00 0.00 X 0 0 0 Leslie McKnight Trustee 1.00 0.00 X 0 0 0 Basil Katsamakis Trustee 1.00 0.00 X 0 0 0 Dennis Pitocco Trustee 1.00 0.00 X 0 0 0 JOSEPH TIMKO Trustee 3.00 0.00 X 0 0 0 KELLY MCGRAW Trustee 1.00 0.00 X 0 0 0 Stephen Freiman Trustee 1.00 0.00 X 0 0 0 2561523 293002 10 true true false PCS 304 HARPER DRIVE STE 130 MOORESTOWN NJ 08057 IT MANAGED SERVI PROVIDER 230120 1 2712862 3211253 5924115 Bankruptcy Counseling & E 5000 5000 Credit Counseling & Educa 101173 101173 Debt Management Plan 6556638 6556638 Housing Counseling 1204769 1204769 Outreach Activities 101175 101175 7968755 11845 11845 0 0 165622 165622 165622 165622 0 0 0 0 Other revenue 4881 4881 4881 14075218 8151103 0 0 0 0 1380223 520861 854538 4824 0 6171833 5856817 160832 154184 138612 131175 4225 3212 1499542 1458480 17318 23744 631473 538165 80976 12332 0 38882 31184 7382 316 71960 54393 16845 722 0 0 0 466215 439785 25353 1077 89166 68807 19483 876 815145 734402 74047 6696 379381 303518 71660 4203 0 529958 479669 44628 5661 48419 37256 10719 444 0 9689 7427 2168 94 192250 176948 14681 621 0 356059 316322 37071 2666 308162 255280 49946 2936 Bad debt expense 135563 135563 State licensing & compliance 87777 87698 76 3 Credit reports 76449 76311 132 6 Other expenses 38746 34814 3766 166 73454 69337 3903 214 13538958 11814212 1499749 224997 3643681 2341056 924757 891433 691714 192456 197054 0 0 0 2310 1131 103790 196628 12994627 4015732 9283497 8978895 497066 0 0 19785 16790 1231838 636546 15368790 14481637 949150 980078 1288744 1095403 5278243 5037826 3170315 2192626 10686452 9305933 X 4682338 5175704 4682338 5175704 15368790 14481637 X 536260 -14129 -28765 X false true X true true true X 2421556 1822571 2179892 5644866 5924115 17993000 9142085 9388055 9488320 8861536 7968755 44848751 0 0 0 11563641 11210626 11668212 14506402 13892870 62841751 1626971 1806352 1910180 1094833 1001453 7439789 0 1626971 1806352 1910180 1094833 1001453 7439789 55401962 1192 522 79 11845 13638 0 1192 522 79 11845 13638 0 154493 369173 284887 300833 170503 1279889 11719326 11580321 11953099 14807314 14075218 64135278 0.86380 0.85540 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 2883591 2883591 6557260 1205305 5351955 94878 94135 743 3385493 2690556 694937 73405 25736 47669 8978895 capital lease obligations 312525 Client Advance payments 1219757 Deferred compensation payable 551250 Excise tax payable 30704 Flexible spending plan payable 12612 Security deposit payable 65778 2192626 X 14075218 14075218 14075218 13567723 28765 28765 13538958 13538958 Part IV, Line 2b: Explanation of escrow account liability THE COMPANY PROVIDES CREDIT COUNSELING AND DEBT MANAGEMENT SERVICES. FUNDS COLLECTED FROM CLIENTS ARE DEPOSITED INTO A CLIENT TRUST ACCOUNT AND DISBURSED DIRECTLY TO THE VARIOUS CREDITORS OF THE CLIENTS. Part X : FIN48 Footnote The Organization has adopted ASC-740 Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes and accounting in interim periods. Part XII, Line 2d: Other expenses and losses per audited F/S Deferred compensation expense $28765 X true true X X X X X false true false false false false false true false Diane Gray Chief Prog Offi 165225 16500 184164 5542 3939 375370 Isis Malagrino DIR.OF CUSTOMER SE 130925 6975 2563 4408 37202 182073 James Lanza Infrastructure Dir 44204 1938 20914 67056 Jill Feldman President 220944 11153 48055 32369 16812 329333 Joel Greenberg Executive Dir. 185071 3566 5866 36919 231422 Kelly Zambrano Corp. Secretary 105540 2692 21842 130074 Todd Suler Treasurer 194202 9922 748225 6347 19498 978194 Part I, Line 1a: Relevant information in regards to selections on 1a. LOWEST FARE FIRST CLASS AIR TRAVEL IS AVAILABLE FOR CORPORATE OFFICERS FOR THE PURPOSE OF WORKING DURING BUSINESS NECESSITATED AIR TRAVEL INVOLVING FLIGHT TIMES IN EXCESS OF 2 HOURS. Part I, Line 7: Non-Fixed payments not listed above CERTAIN INDIVIDUALS LISTED IN PART VII, SECTION A, LINE 1(A) AND REPORTD ON SCHEDULE J, HAVE RECEIVED NON-FIXED BONUS PAYMENTS THAT WERE DISCRETIONARY. Part III, Additional Information Part II, Column B (i) - The amounts represent Base Compensation made in the current year as reflected on IRS Form W-2 Box 5.Part II, Column B (ii) - The amounts represent Bonuses and Incentive Payments made in the current year as reflected on IRS Form W-2.Part II, Column B (iii) - The amounts represent other payments made to an individual as reflected on IRS Form W-2 which generally include the economic value of life insurance protection, the value of a domestic partners portion of annual health insurance premiums, executive double bonus plan payments, PTO prior year payouts, service awards, severance, deferred compensation payments. These amounts may not be applicable to all presented employees.Part II, Column C - The amounts represent current year deferrals or accruals of compensation under any retirement or other deferred compensation plan, whether qualified or unqualified, that is established, sponsored, or maintained by or for the organization. This generally includes tax-deferred contributions by the employer to a qualified defined retirement plan as well as amounts accrued under other non-qualified retirement plans. These amounts may not be applicable to all presented employees.Part II, Column D - Nontaxable Benefits are generally considered "fringe benefitsX and are not considered taxable benefits. They generally include the total amounts paid for health insurance, life insurance, disability benefits, medical reimbursement programs, dependent care assistance, and educational assistance.Part II, Column F - Indicates deferred compensation reported in prior year(s) Column C and paid out in current year as reflected in Column B (iii). This is a memorandum item only. THE READER MUST REDUCE THE AMOUNT IN COLUMN E BY COLUMN F TO GET THE ACTUAL CURRENT YEAR COMPENSATION. THE IRS WAS AWARE THAT THE DESIGN OF THE REPORT CREATES THE APPEARANCE OF THE DOUBLE COUNTING OF DEFERRED COMPENSATION ITEMS. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: BankruptcyThe Executive Office of the US Trustees has approved our organization to issue certificates evidencing completion of counseling and/or a personal financial management instructional course in compliance with the Bankruptcy Code.(EXPENSES $58,843. INCLUDING GRANTS OF $0.) (REVENUE $5,615.) OTHER PROGRAM SERVICES 5: Emergency AssistanceFor another consecutive year, Monmouth County Department of Human Services has selected Navicore Solutions to participate in the Social Services for the Homeless (SSH) program. The SSH program provides emergency assistance payments for rent, mortgage and/or utility payments to at risk families and individuals to avert homelessness. Through this partnership, we facilitate program services and manage the assistance funding. As a SSH provider, we screened 110 families for homelessness prevention assistance. OTHER PROGRAM SERVICES 6: Community OutreachThrough collaborations with public and nonprofit organizations, as well as our referral relationships with financial institutions, we connect with populations most in need of our services and promote positive financial management and overall well-being. Our Financial Education Program offers efficient and effective delivery of financial education outreach, in both English and Spanish, to individuals and families seeking assistance.During the period, we delivered 72 workshops whereby over 1,400 community members participated. (EXPENSES $517,279. INCLUDING GRANTS OF $0.) (REVENUE $1,285,737.) OTHER PROGRAM SERVICES 7: Student Loan CounselingOur student loan counseling model targets a borrower's eligibility for loan repayment plans, federal consolidation loans and public service loan forgiveness. Our Student Loan Counselors are specially trained and provide borrowers with a personalized plan, including an outline of steps for moving forward. OTHER PROGRAM SERVICES 8: Disaster Recovery CounselingAs part of our Disaster Recovery Counseling Program, we provide comprehensive counseling services to victims of natural disasters to help address housing needs, apply for applicable programs, connect with resources, and establish an action plan to aid in recovery.We have been a partner with NJs Department of Consumer Affairs Sandy Recovery Housing Counseling Program since 2019 in which we provide housing and disaster recovery counseling services to impacted homeowners and renters.During FY 2022, we expanded our Disaster Recovery Program through a partnership with the California Department of Housing and Community Development on the ReCoverCA Owner-Occupied Rehabilitation/Reconstruction Program serving households displaced by the 2017 and 2018 California wildfires. OTHER PROGRAM SERVICES 9: COVID-19 Recovery CounselingNavicore Solutions continued our COVID Recovery Counseling program in 2022 in order to help community members impacted by COVID. Trained counselors provide key services and connect families to critical resources and guidance to ensure financial recovery and stability is achieved. This includes explaining forbearance and deferment options for unsecured debt, as well as local and federal relief options that may be available. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS COMPLETED BY THE COMPANY'S CERTIFIED PUBLIC ACCOUNTANT TOPEL & SILVER, CPA'S, PA. THE CFO WILL PROVIDE THEM THE NECESSARY SUPPORT TO COMPLETE THE FORM 990. THE ACCOUNTANTS WILL ALSO USE FINANCIAL INFORMATION OBTAINED DURING THEIR YEAR-END FINANCIAL AUDIT. ONCE COMPLETED, A DRAFT COPY WILL BE SENT TO THE AUDIT COMMITTEE MEMBERS, VIA E-MAIL, FOR THEIR REVIEW. APPROXIMATELY, ONE WEEK WILL BE ALLOTTED FOR THIS REVIEW. THEREAFTER, A CONFERENCE CALL WILL COMMENCE TO ADDRESS ANY CONCERNS REGARDING THE FILING. THE PUBLIC ACCOUNTANT MAY BE ON THE CALL, IF NECESSARY. IF ANY CHANGES ARE REQUIRED THEY WILL BE MADE AND THE FORM WILL THEN BE FILED WITH THE INTERNAL REVENUE SERVICE. THE CONFERENCE CALL WILL BE DOCUMENTED IN THE MINUTES OF THE AUDIT COMMITTEE ALONG WITH ANY RELATED COMMENTS. THE FULL BOARD WILL BE PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c ON OCTOBER 3, 2008 A FORMAL CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE BOARD. THIS POLICY WILL BE ENFORCED ON AN ANNUAL BASIS AND WILL REQUIRE EACH TRUSTEE TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO A CONFLICT. ALSO, AS PART OF THE COMPANY'S INTERNAL CONTROL PROCESS, THE TRUSTEES SIGNED A DOCUMENT THAT INDICATES NO CONFLICT OF INTEREST EXISTS. Form 990, Part VI, Section B, Line 15b THE COMPENSATION OF THE COMPANY'S OFFICERS IS PERFORMED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE MEMBERS OF THE COMMITTEE ARE INDEPENDENT AND WILL USE THIRD PARTIES AS WELL AS OTHER FILED FORM 990's TO EVALUATE REASONABLENESS OF OFFICER COMPENSATION. IF A THIRD PARTY IS USED THEY ARE PROVIDED WITH A DETAILED JOB DESCRIPTION IN ORDER TO BEST PRICE THE POSITION. THIS IS DONE ON AN AS-NEEDED BASIS GENERALLY AT THE END OF ANY GIVEN YEAR. IN ADDITION, THE BOARD WILL BE MADE AWARE OF THE COMPENSATION OF THE GENERAL RANK AND FILE EMPLOYEES AND WILL PROVIDE THEIR GUIDANCE ON HOW THAT COMPENSATION SHOULD BE ADJUSTED, IF NECESSARY. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION DOES NOT HAVE THESE DOCUMENTS IMMEDIATELY AVAILABLE TO THE PUBLIC; HOWEVER, UPON REQUEST THEY WOULD AND COULD BE PROVIDED. Form 990, Part XI, Line 9 Deferred compensation expense = -$28765 NAVICORE REALTY CORP 200 US HIGHWAY 9 MANALAPAN NJ 07726 811695186 PROVIDE REALTY COUNSELING SERVICES NJ 501 (c) (3) 509 (a) (2) GARDEN STATE CONSUMER CREDIT COUNSELING false false false false false false false false false false false false false false false false false false false false