2024-01-26T07:31:04-06:00 2023-06-30 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2022-07-01 030304434 NFI VERMONT INC NFIV 8026580040 30 AIRPORT ROAD SOUTH BURLINGTON VT 05403 PAMELA ROCHA TREASURER & CFO 8026580040 2024-01-25 1 PAMELA ROCHA 999009999 0 STEPHANIE LONCZAK P01880207 6179881000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HILDEGARDE PARIS 90 MAPLE STREET UNIT 2 STONEHAM MA 02180 20464221 0 9242 X WWW.NFIVERMONT.ORG X 1984 VT OUR MISSION IS TO EMBRACE STRENGTHS AND ACKNOWLEDGE STRUGGLES AS WE JOIN WITH YOUTH, FAMILIES AND COMMUNITIES TO PROMOTE GROWTH AND HEALING. 9 9 390 9 0 0 86183 72353 22791355 20221341 27898 114931 10539 4722 22915975 20413347 0 0 0 0 16096004 15878301 0 0 0 5109592 4737648 21205596 20615949 1710379 -202602 12433964 14184506 5651572 7604716 6782392 6579790 X NFI VERMONT IS A PROVIDER OF MENTAL HEALTH AND SPECIALIZED EDUCATIONAL SERVICE TO CHILDREN, YOUTH AND THEIR FAMILIES. 0 0 6340059 0 7949723 NFI VERMONT PROVIDED EDUCATIONAL SERVICES TO CHILDREN AND YOUTH GRADES 1-12 TO ASSIST WITH LEARNING DISABILITIES AND MENTAL HEALTH NEEDS. SERVICES PROVIDED INCLUDE GROUP THERAPY, INTENSIVE HOME-SCHOOL COORDINATION, CLINICAL CASE MANAGEMENT, ACADEMIC AND VOCATIONAL PROGRAMMING, FAMILY THERAPY AND SUPPORT. 2443076 0 3514544 NFI VERMONT PROVIDED INTENSIVE WRAPAROUND SERVICES TO CHILDREN AND FAMILIES AT HOME AND IN THERAPEUTIC FOSTER HOMES. THE WRAPAROUND PROCESS IS A COORDINATED PROCESS THAT IS DESIGNED TO HELP CHILDREN AND FAMILIES WITH COMPLEX NEEDS INVOLVED WITH MULTIPLE PROVIDERS IMPROVE THEIR LIVES. TYPICAL SERVICES INCLUDE SERVICE COORDINATION, COMMUNITY SUPPORTS, INDIVIDUAL AND FAMILY THERAPY, GROUP THERAPY, MEDICATION MANAGEMENT AND FOSTER CARE RESPITE. 5964610 0 5886650 NFI VERMONT PROVIDED INTENSIVE RESIDENTIAL TREATMENT TO YOUTH WHO STRUGGLE WITH SEVERE MENTAL HEALTH AND BEHAVIORAL ISSUES. YOUTH COME TO OUR PROGRAM AFTER STRUGGLING AT HOME, IN FOSTER HOMES OR RESIDENTIAL PROGRAMS. TYPICAL SERVICES INCLUDE MILIEU TREATMENT, INDIVIDUAL, GROUP AND FAMILY THERAPY, CRISIS RESPONSE, CASE MANAGEMENT AND COMMUNITY REINTEGRATION. 3340507 0 2876524 IN ADDITION TO OUR THREE PRIMARY TYPES OF PROGRAMS WE ALSO PROVIDE OUTPATIENT ASSESSMENT AND THERAPY TO YOUTH AND FAMILIES, POST ADOPTION SERVICES TO FAMILIES OF YOUTH ADOPTED FROM STATE CUSTODY, JUVENILE JUSTICE SERVICES, YOUTH TRANSITION SERVICES, AND TRAUMA INFORMED ORGANIZATIONAL CONSULTATION. 3340507 0 2876524 18088252 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 110 0 1 390 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X HILDEGARDE PARIS 9788824858 90 MAPLE STREET UNIT 2 STONEHAM MA 02180 TOM REES PRESIDENT 1.15 0.00 X X 0 0 0 GIL MATHYS SECRETARY & DIRECTOR 0.23 0.00 X X 0 0 0 JOSH VANBENTHUYSEN DIRECTOR 0.23 0.00 X 0 0 0 DR NANCY GROSSMAN DIRECTOR 0.23 0.38 X 0 0 0 ERIN CHASTENAY DIRECTOR 0.17 0.00 X 0 0 0 KELLY SMITH DIRECTOR 0.12 0.00 X 0 0 0 PETER BINGHAM DIRECTOR 0.17 0.00 X 0 0 0 PHIL MACVEAN-BROWN DIRECTOR 0.17 0.00 X 0 0 0 PAUL COLLINS DIRECTOR 0.17 0.00 X 0 0 0 CHARLES MYERS EXECUTIVE DIRECTOR 40.00 0.00 X 0 158087 17540 KATHRYN SWEENEY TREASURER/ED OF ADMIN & FIN 0.12 40.00 X 0 157045 22596 TINA BLEAU PSYCHOLOGIST 40.00 0.00 X 195324 0 24985 DAVID MELNICK PROGRAM DIRECTOR 40.00 0.00 X 239824 0 19679 KATHY PETTENGILL DIRECTOR OF OPERATIONS 40.00 0.00 X 117525 0 20318 MITCHELL BARON PROGRAM DIRECTOR 40.00 0.00 X 157952 0 10199 710625 315132 115317 4 0 1 0 LESLIE CONROY 86 LAKE STREET BURLINGTON VT 05401 HEALTHCARE 191498 NORTHEAST KINGDOM HUMAN SERVICES 181 CRAWFORD ROAD NEWPORT VT 05855 HEALTHCARE 169646 SYMQUEST GROUP INC PO BOX 2384 SOUTH BURLINGTON VT 05407 IT CONSULTANT 120925 3 72353 5825 72353 FEES/CONTRACTS FROM GOVERNMENT AG 624100 20221341 20221341 20221341 57927 57927 8500 9878 -1378 -1378 -1378 98000 40996 57004 57004 57004 MISCELLANEOUS INCOME 900099 6100 6100 6100 20413347 20227441 0 113553 12767593 11643314 1124279 2210577 2015920 194657 900131 820868 79263 690477 690477 83906 63737 20169 890470 876430 14040 57177 31555 25622 281693 236684 45009 164294 37639 126655 1135180 1093031 42149 183596 170986 12610 9197 8188 1009 73138 67733 5405 470515 430941 39574 189540 158392 31148 CONSUMABLES 400650 400650 OTHER DIRECT 107815 32184 75631 20615949 18088252 2527697 0 4519692 1627585 0 0 0 0 1601395 3408407 0 0 0 0 0 0 0 0 174236 110120 10290733 4644087 5703816 5646646 0 0 0 0 0 0 0 0 434825 3391748 12433964 14184506 1880078 1272194 0 0 1258741 1118893 287953 193370 0 0 0 0 1827491 1641027 0 0 397309 3379232 5651572 7604716 X 6782392 6579790 0 0 6782392 6579790 12433964 14184506 -202602 0 X 0 1 X 1 1 1 X 115005 73483 63140 86183 72353 410164 18906392 20315201 20978479 22791355 20221341 103212768 19021397 20388684 21041619 22877538 20293694 103622932 92500 50000 50000 192500 0 92500 50000 50000 192500 103430432 32171 43825 28487 37121 66427 208031 32171 43825 28487 37121 66427 208031 13931 13361 681 10451 6100 44524 19067499 20445870 21070787 22925110 20366221 103875487 0.99570 0.99550 0.00200 0.00160 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 13,931. 2019 AMOUNT: $ 13,361. 2020 AMOUNT: $ 681. 2021 AMOUNT: $ 10,451. 2022 AMOUNT: $ 6,100. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1330078 1330078 2077503 1167507 909996 5815673 2693208 3122465 266713 192155 74558 800766 591217 209549 5646646 OTHER ASSETS 33439 LEASE RIGHT OF USE ASSETS 3358309 3391748 OPERATING LEASE LIABILITIES 3379232 3379232 X 20423225 0 20423225 -9878 -9878 20413347 20625827 9878 9878 20615949 0 20615949 PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE NFI VERMONT IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS GENERALLY EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(A). NFI VERMONT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF RENTAL EXPENSES -9,878. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF RENTAL EXPENSES 9,878. X X X 0 0 0 0 0 0 0 1 0 DAVID MELNICK PROGRAM DIRECTOR 237824 0 2000 0 0 0 12433 0 7246 0 259503 0 0 0 TINA BLEAU PSYCHOLOGIST 192324 0 3000 0 0 0 10435 0 14550 0 220309 0 0 0 KATHRYN SWEENEY TREASURER/ED OF ADMIN & FIN 0 153895 0 3150 0 0 0 16424 0 6172 0 179641 0 0 CHARLES MYERS EXECUTIVE DIRECTOR 0 155686 0 0 0 2401 0 12180 0 5360 0 175627 0 0 MITCHELL BARON PROGRAM DIRECTOR 155952 0 2000 0 0 0 2600 0 7599 0 168151 0 0 0 PART I, LINE 7: CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II RECEIVED NON-FIXED PERFORMANCE BASED BONUS PAYMENTS THAT ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(III). A VT EDUC & HLTH BLDGS FIN AGENCY (SERIES 2006A) 237154467 9241608H0 2006-09-13 995000 REFIN., RENOVATION & CONSTRUCTION 0 0 1 A 801630 1003436 103459 101223 798754 2006 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 0 A 1 PART-II LINE-3 TOTAL PROCEEDS OF ISSUE TOTAL PROCEEDS ARE NOT IDENTICAL TO THE BOND ISSUE PRICE DUE TO INTEREST EARNED ON THE RESERVE ACCOUNT. PART-III LINE-3A MANAGEMENT AND SERVICE CONTRACTS ALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE QUALIFY UNDER A PRIVATE BUSINESS USE SAFE HARBOR OR EXCEPTION, THEREFORE NO CONTRACTS RESULT IN PRIVATE BUSINESS USE. PART-IV LINE-2C REBATE COMPUTATION DATE NO REBATE LIABILITY EXISTS. THE REBATE CALCULATION WAS PERFORMED ON FEBRUARY 8, 2022. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES: NORTH AMERICAN FAMILY INSTITUTE, INC. (NAFI) IS THE SOLE CORPORATE MEMBER OF NFI VERMONT. NFI VERMONT PAYS A MANAGEMENT FEE OF $867,189 TO NAFI FOR OVERSIGHT OF FINANCIAL, BUDGETING, HUMAN RESOURCE OPERATIONS, AND EXEMPT OPERATIONS. NAFI ALSO PROVIDES ACCOUNTING AND AUDITING SERVICES, PERSONNEL POLICIES AND BENEFITS, AND INFORMATION TECHNOLOGY BACKBONE FOR THE SUBSIDIARY CORPORATE OFFICES. NAFI PAYS COMPENSATION TO OFFICERS OF NFI VERMONT: CHARLES MYERS AND KATHRYN SWEENEY. THE COMPENSATION IS REPORTED IN COLUMN (E) OF FORM 990, PART VII. FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION MEMBERS: NORTH AMERICAN FAMILY INSTITUTE, INC. (NAFI) IS SOLE MEMBER OF NFI VERMONT, INC. AND MAY ELECT MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION MEMBERS: NORTH AMERICAN FAMILY INSTITUTE, INC. (NAFI) IS SOLE MEMBER OF NFI VERMONT, INC. AND MAY ELECT MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B ORGANIZATION MEMBERS: NORTH AMERICAN FAMILY INSTITUTE, INC. (NAFI) IS SOLE MEMBER OF NFI VERMONT, INC. AND MAY ELECT MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: INFORMATION IS GATHERED FROM THE BUSINESS OFFICE/EXECUTIVE DIRECTOR BY THE CHIEF FINANCIAL OFFICER AND USED TO POPULATE THE FORM 990 IN CONJUNCTION WITH INDEPENDENT TAX AUDITORS. ONCE COMPLETED, THE DRAFT FORM IS REVIEWED AND FORWARDED BY THE CFO TO THE DESIGNATED COMMITTEE FOR REVIEW PRIOR TO ITS SUBMISSION. THE DESIGNATED COMMITTEE HAS BEEN AUTHORIZED TO REVIEW AND APPROVE THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS. A FILING COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST: IN ADDITION TO SUBMISSION OF SIGNED BOARD MEMBER ANNUAL STATEMENT AFFIRMING RECEIPT OF THE CONFLICT OF INTEREST POLICY, THAT THEY HAVE READ AND UNDERSTAND THE POLICY, THAT THEY AGREE TO COMPLY WITH THE POLICY AND UNDERSTAND THAT THE CORPORATION IS CHARITABLE AND MUST ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ITS CHARITABLE PURPOSES, BOARD MEMBERS HAVE A DUTY TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST. WHEN SUCH A DISCLOSURE IS MADE, THE BOARD OF DIRECTORS WILL DISCUSS THE ISSUE WITH THE INTERESTED PARTY. THE INTERESTED PARTY WILL THEN LEAVE THE BOARD MEETING WHILE A DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE THAT A DIRECTOR HAS FAILED TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST, THE BOARD WILL AFFORD THAT DIRECTOR AN OPPORTUNITY TO EXPLAIN. THE BOARD WILL CONDUCT FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES. THAT DIRECTOR WILL BE RECUSED FROM THE BOARD MEETING WHILE A DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF THE BOARD DETERMINES THAT THE BOARD MEMBER FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY: NFI VERMONT, INC. DOES NOT DIRECTLY COMPENSATE ITS TOP MANAGEMENT OFFICIAL. NFI VERMONT, INC. CONTRACTS WITH NORTH AMERICAN FAMILY INSTITUTE (NAFI), A RELATED ORGANIZATION, FOR THE EXECUTIVE DIRECTOR POSITION. NFI VERMONT ALSO DOES NOT HAVE ANY EMPLOYEES THAT MEET THE CRITERIA OF A KEY EMPLOYEE. THE BOARD MEMBERS LISTED IN FORM 990, PART VII ARE COMMUNITY LEADERS THAT VOLUNTARILY DEVOTE THEIR TIME TO THE ORGANIZATION. THE EXECUTIVE DIRECTOR AND TREASURER ARE COMPENSATED UNDER THE COMPENSATION POLICIES OF THE PARENT ORGANIZATION, NORTH AMERICAN FAMILY INSTITUTE AS SHOWN BELOW. NORTH AMERICAN FAMILY INSTITUTE, INC. HAS INSTITUTED A PROCESS TO REVIEW THE COMPENSATION PAID TO ITS EXECUTIVES AND FOLLOWS THE REBUTTABLE PRESUMPTION RULES OF SECTION 53.4958-6 OF THE IRS TREASURY REGULATIONS.THE EXECUTIVE DIRECTOR COMPLETES A SELF EVALUATION REFLECTING ON ACCOMPLISHMENTS, AREAS OF GROWTH AND GOALS FOR THE COMING YEAR. THE CEO OF THE PARENT ORGANIZATION COMPLETES AN EVALUATION SUMMARY WHICH IS REVIEWED, DISCUSSED AND APPROVED AT AN EXECUTIVE SESSION OF THE BOARD OF DIRECTORS. SALARY CONSIDERATIONS ARE PART OF THIS PROCESS AND INCLUDE APPROVALS, IN ADVANCE OF ANY COMPENSATION PAYOUTS, BY THE CEO OF THE PARENT ORGANIZATION AND THE BOARD OF DIRECTORS WHO ARE INDEPENDENT OF MANAGEMENT AND FREE OF ANY CONFLICTS THAT WOULD INTERFERE WITH THEIR EXERCISE OF INDEPENDENT JUDGMENT. OTHER KEY EMPLOYEES OF THE ORGANIZATION ARE REVIEWED BY THE EXECUTIVE DIRECTOR USING A SIMILAR PROCESS AND SALARY CONSIDERATIONS ARE A PART OF THE OVERALL BUDGET APPROVED BY THE BOARD OF DIRECTORS. NAFI CONDUCTS PERIODIC ANALYSIS OF LIKE POSITIONS AT COMPARABLE HUMAN SERVICE ORGANIZATIONS AND THIS ANALYSIS IS CONSIDERED WHEN DETERMINING COMPENSATION. ONCE COMPENSATION IS DETERMINED, IT IS ADEQUATELY DOCUMENTED BY THE CEO AND BOARD OF DIRECTORS. JOINT VENTURES-COLLABORATIVE AGREEMENT PART VI, SECTION B, QUESTION 16B NFIV PARTICIPATES IN A COLLABORATIVE AGREEMENT WITH TWO UNRELATED ORGANIZATIONS TO OPERATE THE CENTERPOINT ADOLESCENT TREATMENT SERVICES PROGRAM. THIS AGREEMENT PROVIDES FOR COST AND REVENUE SHARING ABOVE CERTAIN PREDEFINED THRESHOLDS. AS OF JUNE 30, 2023, THE ORGANIZATION HAD NOT ADOPTED A WRITTEN POLICY OR PROCEDURE REQUIRING THE ORGANIZATION TO EVALUATE ITS PARTICIPATION IN JOINT VENTURE ARRANGEMENTS TO SAFEGUARD THE ORGANIZATION'S EXEMPT STATUS. HOWEVER, THE CONTRACT THAT NFIV HAS ENTERED INTO DOES HAVE SUFFICIENT SAFEGUARDS THAT THE PROGRAM WILL BE RUN IN ACCORDANCE WITH ITS EXEMPT PURPOSE. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF DOCUMENTS: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO POSTED ON WWW.GUIDESTAR.ORG. NORTH AMERICAN FAMILY INSTITUTE INC 90 MAPLE STREET UNIT 2 STONEHAM MA 02180 042921507 SOCIAL SVCS MA 501(C)(3) 10 N/A 0 NFI NORTH INC 40 PARK LANE CONTOOCOOK NH 03229 043161042 SOCIAL SVCS NH 501(C)(3) 10 NAFI 0 NAFI CONNECTICUT INC 49-51 WETHERSFIELD AVE HARTFORD CT 06114 900059160 SOCIAL SVCS CT 501(C)(3) 10 NAFI 0 NFI MASSACHUSETTS INC 300 ROSEWOOD DRIVE SUITE 101 DANVERS MA 01923 237378470 SOCIAL SVCS MA 501(C)(3) 10 NAFI 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 PART V RELATED PARTY TRANSACTIONS NORTH AMERICAN FAMILY INSTITUTE, INC. (NAFI) CHARGES AN AFFILIATE, NFI VERMONT, INC. (NFIV) AN ADMINISTRATIVE MANAGEMENT FEE FOR SUPPORTING SERVICE COSTS THAT NAFI INCURS ON BEHALF OF THE SUBSIDIARIES. THESE ALLOCATED COSTS AMOUNTED TO $867,189 FOR THE YEAR ENDED JUNE 30, 2023, AND HAVE BEEN INCLUDED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES. IN ADDITION, NFIV PAYS NAFI A PROPERTY CHARGE FOR USAGE OF CERTAIN FIXED ASSETS OF NAFI. THIS CHARGE WAS $5,310 FOR THE YEAR ENDED JUNE 30, 2023 AND HAS BEEN INCLUDED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CONTRACTED SERVICES EXPENSES WITHIN THE STATEMENT OF FUNCTIONAL EXPENSES. COST REIMBURSEMENT OVERPAYMENTS HAVE RESULTED IN A BALANCE DUE FROM NAFI AS OF JUNE 30, 2023 IN THE AMOUNT OF $4,184. THIS AMOUNT HAS BEEN REPORTED AS DUE FROM AFFILIATE IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION AND IS EXPECTED TO BE PAID WITHIN ONE YEAR.