2024-09-16T12:15:07-05:00 2023-10-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2022-11-01 066071847 NEW OPPORTUNITIES INC NEWO 2035759799 232 NORTH ELM STREET WATERBURY CT 06702 MR WILLIAM RYBCZYK PRESIDENT 2035759799 2024-09-16 1 1 THOMAS DOWLING P01232667 8605223111 2022 2024-08-08 14:25:15Z MR WILLIAM RYBCZYK 232 NORTH ELM STREET WATERBURY CT 06702 45952120 0 X WWW.NEWOPPINC.ORG X 1964 CT TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS. 17 17 566 444 0 0 46305354 43556232 1304455 1863311 -698082 104036 329138 411275 47240865 45934854 26907273 23597813 0 0 11281471 12994968 0 0 1788 9101267 9186399 47290011 45779180 -49146 155674 13509007 15433002 13738070 15506391 -229063 -73389 X TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS BY PROVIDING THE NECESSARY RESOURCES TO INCREASE THEIR STANDARD OF LIVING, FOSTER SELF IMPROVEMENT, AND TO MAXIMIZE SELF EMPOWERMENT. 0 1 26078292 22723654 304699 ENERGY PROGRAMS: ENERGY PROGRAMS INCLUDES CONNECTICUT ENERGY ASSISTANCE PROGRAM, WATER ASSISTANCE PROGRAM, AND WEATHERIZATION SERVICES. CONNECTICUT ENERGY AND WATER ASSISTANCE PROGRAMS PROVIDES HEAT AND WATER ASSISTANCE FOR LOW-INCOME RENTERS AND HOMEOWNERS. 50,031 PEOPLE RECEIVED ASSISTANCE WITH THEIR UTILITIES BILLS UNDER CONNECTICUT ENERGY AND WATER ASSISTANCE PROGRAMS. WEATHERIZATION SERVICES PROVIDES HELP TO HOUSEHOLDS TO DECREASE ENERGY CONSUMPTION. 239 HOUSEHOLDS WERE ABLE TO DECREASE THEIR HOME ENERGY CONSUMPTION BY USING WEATHERIZATION SERVICES 4028974 412581 206203 ELDERLY: ELDERLY PROGRAM INCLUDES NUTRITIONAL SERVICES BY PROVIDING HOT MEALS TO SENIOR CITIZENS AND HOMECARE SERVICES, INCLUDING RETIRED SENIOR VOLUNTARY PROGRAM, FOSTER GRANDPARENT PROGRAM, SENIOR COMPANION PROGRAM AND OTHERS. 3,000 SENIOR INDIVIDUALS RECEIVED PREPARED MEALS DURING THE YEAR AND 2,405 INDIVIDUALS/FAMILIES RECEIVED FOOD DURING THE YEAR. 4804735 79931 570580 COMMUNITY SERVICES: COMMUNITY SERVICES PROVIDES WORK READINESS ASSISTANCE, EMPLOYMENT TRAINING, CORONAVIRUS AID, AND CASE MANAGEMENT SERVICES FOR LOW-INCOME INDIVIDUALS. OPERATES THREE FAMILY DEVELOPMENT CENTERS IN WATERBURY, MERIDEN, AND TORRINGTON, CONNECTICUT. 1,143 LOW-INCOME PEOPLE RECEIVED ACADEMIC OR EMPLOYMENT TRAINING. ALSO, 2,231 INDIVIDUALS RECEIVED CASE MANAGEMENT SERVICES. 3723853 241460 278893 EARLY CHILDCARE: EARLY CHILDCARE PROGRAM PROVIDES DAYCARE SERVICES TO CHILDREN WHOSE PARENTS WORK. 399 CHILDREN AGES 0 TO 4 YEAR OLD WERE PROVIDED DAYCARE SERVICES DURING THE YEAR. 3517809 140187 172673 HOUSING: HOUSING PROGRAMS INCLUDED EMERGENCY SHELTERS, PERMANENT HOUSING, RAPID REHOUSING, AND JUSTICE PROGRAM PROVIDING ALTERNATIVE HOUSING FOR INDIVIDUALS PROGRESSING THROUGH THE JUDICIAL SYSTEM. 1,103 LOW-INCOME INDIVIDUALS/FAMILIES RECEIVED ASSISTANCE IN OBTAINING ADEQUATE, SAFE, AND AFFORDABLE HOUSING. 1308635 317688 CT FOOD 4 THOUGHT (CTF4T) PROVIDES SAFE, CLEAN "GREEN JOBS" TO MEMBERS OF THE COMMUNITY IN THE EMERGING FIELD OF HYDRIPONICS. SPECIFICALLY, CTF4T OFFERS JOB OPPORTUNITIES TO INDIVIDUALS WITH INTELLECTUALLY DISABILITIES, THOSE PREVIOUSLY INCARCERATED, AND THOSE WHO ARE UNEMPLOYED AS A WAY TO PROVIDE A PATH TO HIGHER LEVEL EMPLOYMENT OPPORTUNITIES IN BOTH THIS INDUSTRY AND OTHERS, SUCH AS: THE FIELD OF NUTRITION, FOOD SAFETY, ENVIRONMENTAL MANGEMENT, AND HORTICULTURE. IN ADDITION, CTF4T PROVIDED OVER 140,000 FOUR OUNCES CONTIANERS OF LETTUCE TO LOCAL COMMUNITIES INCLUDING FOOD PANTRIES THROUGHOUT CONNECTICUT TO ECONOMICALLY DISADVANTAGED INDIVIDUALS AND 44 GROCERY STORES. 8550297 381647 769254 43462298 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 349 0 1 566 1 0 0 0 0 0 1 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X MARK KOVITCH 2035759799 232 NORTH ELM STREET WATERBURY CT 06702 RACHEL PEREZ CHAIRPERSON 1.00 X X 0 0 0 MELISSA GREEN VICE CHAIRPERSON 1.00 X X 0 0 0 MARITZA RIVERA SECRETARY 1.00 X X 0 0 0 JOHN BURRUS DIRECTOR 1.00 X 0 0 0 DORA BENNETT DIRECTOR 1.00 X 0 0 0 MARY CONKLIN DIRECTOR 1.00 X 0 0 0 DENEEN FRYER DIRECTOR 1.00 X 0 0 0 JOYCE KENNEDY JONES DIRECTOR 1.00 X 0 0 0 CHERYL FLANAGAN DIRECTOR 1.00 X 0 0 0 VICTOR LOPEZ TREASURER 1.00 X X 0 0 0 BELINDA WEAVER DIRECTOR 1.00 X 0 0 0 GAYLYNN HADLEY DIRECTOR 1.00 X 0 0 0 JOHN DAVIS DIRECTOR 1.00 X 0 0 0 MICHELE SAAVEDRA-SLAPPEY DIRECTOR 1.00 X 0 0 0 ROSA CARLASCIO DIRECTOR 1.00 X 0 0 0 ALEXA KEENER DIRECTOR 1.00 X 0 0 0 CHELSEY HARRIS DIRECTOR 1.00 X 0 0 0 MARK E KOVITCH CPA CFO 40.00 X 133032 0 23822 TONI HIRST PRIOR CHIEF ADMINISTRATIVE OFFIC 40.00 X 186229 0 6387 WILLIAM R RYBCZYK PRESIDENT/CEO 40.00 X 191769 0 15230 OMAR ANDUJOR CHIEF ADMINISTRATIVE OFFICER 40.00 X 0 0 0 JOANNE BALASCHAK DIRECTOR OF ENERGY SERVICE 40.00 X 141535 0 4866 MELISSA GAMM CONTROLLER 40.00 X 104947 0 12276 JAMES PERRY DIRECTOR OF FAMILY EMPOWERMENT AND UTILIZATION 40.00 X 103245 0 9562 JAMES H GATLING PHD FORMER PRESIDENT/CEO 1.00 X 100009 0 51 960766 0 72194 8 1 1 0 TRIO FOODS PO BOX 742992 ATLANTA GA 30374 FOOD SERVICE 1156020 GENERAL TECHNOLOGY GROUP 15 WEST SHORE DRIVE BETHLEHEM CT 06751 IT SERVICES 274845 HOME COMFORT PRACTICE 165 BENTON STREET STRATFORD CT 06615 CONSTRUCTION 228048 ABBOTT NUTRITION 75 REMITTANCE DRIVE CHICAGO IL 60675 NUTRITION SERVICE 199324 EVANS FLOOR & CLEANING SERVICES LLC 191 ALWOOD AVENUE WATERBURY CT 06705 CLEANING 182348 5 3031 42825322 727879 497596 43556232 PROGRAM REVENUE 624200 1678067 1678067 PROGRAM REVENUE - RENTAL 624200 185244 185244 1863311 2850 2850 118452 17266 101186 101186 101186 0 3031 0 0 BOND DEBT SERVICE FUNDING 624200 291696 291696 MISCELLANEOUS INCOME 900099 119579 119579 411275 45934854 2274586 0 104036 312733 312733 23285080 23285080 1056559 513261 543298 10016634 9201128 815506 141276 122561 18715 932925 810740 122185 847574 747741 99833 19848 12592 7256 163326 1500 161826 25250 25250 408795 369297 39498 19434 14864 4570 439504 243281 196212 11 70001 45632 24369 1943502 1802823 140679 314850 288490 26333 27 54300 43520 10780 312911 248006 64905 868031 844862 23169 375962 358278 17684 CLIENT SUPPOSRT AND SUP 1898646 1886643 10253 1750 FOOD SERVICES AND SUPPL 1883374 1880411 2963 IN KIND EXPENSES 379645 379645 MISCELLANEOUS 9020 49210 -40190 45779180 43462298 2315094 1788 892287 692579 1879702 2084921 18170 20705 127604 47497 25722327 14749754 9038558 10972573 1552686 1614727 13509007 15433002 2464025 3377372 1539804 1770156 1775961 1459058 6855739 7965528 1102541 934277 13738070 15506391 X -500824 -309173 271761 235784 -229063 -73389 13509007 15433002 155674 0 X 0 1 X 1 1 1 X 29720107 35375180 42084549 46305354 43556232 197041422 29720107 35375180 42084549 46305354 43556232 197041422 197041422 218430 156363 164 859 2850 378666 2244991 337436 257034 329888 411275 3580624 201000712 0.98030 0.97950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 25250 0 0 25250 0 PART II-B, LINE 1: NEW OPPORTUNITIES, INC. DIRECT CONTRACT WITH LEGISTLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY IS IN ORDER TO IMPROVE THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS. 1347273 1347273 18115578 12184737 5930841 54648 5465 49183 2779518 1543990 1235528 3425310 1015562 2409748 10972573 DUE FROM AFFILIATES 1602080 SECURITY DEPOSITS 12647 1614727 OTHER LIABILITITES 325219 DEFERRED COMPENSATION 609058 934277 X 45936656 1802 1802 45934854 0 45934854 45780982 1802 1802 45779180 0 45779180 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF OCTOBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF. FORM 990, PART IV, LINE11F NEW OPPORTUNITIES, INC. IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AS PUBLIC CHARITIES. 0 THE SALVATION ARMY 34 WILLOW STREET WATERBURY CT 06710 061001527 501(C)3 0 71273 BOOK HOUSING CATHOLIC CHARITIES 839 ASYLUM AVE HARTFORD CT 06105 060667607 501(C)3 0 241460 BOOK EARLY CHILDHOOD READINESS ENERGY - UTILITIES 50031 22723654 BOOK RENTAL ASSISTANCE 32 75610 BOOK STIPENDS - AMERICORPS VOLUNTEERS 135 397079 BOOK OTHER CASH ASSISTANCE 45 46870 BOOK CORONAVIRUS ASSISTANCE 24 41867 BOOK X 1 1 X X X X 0 1 0 0 0 0 0 0 0 WILLIAM R RYBCZYK PRESIDENT/CEO 191769 0 0 0 0 0 0 0 15230 0 206999 0 0 0 TONI HIRST PRIOR CHIEF ADMINISTRATIVE OFFIC 186229 0 0 0 0 0 0 0 6387 0 192616 0 0 0 MARK E KOVITCH CPA CFO 133032 0 0 0 0 0 0 0 23822 0 156854 0 0 0 JAMES H GATLING PHD FORMER PRESIDENT/CEO 100009 0 0 0 0 0 0 0 51 0 100060 0 0 0 A CONNECTICUT HEALTH AND EDUCATIONAL FACILITIES AGENCY 060806186 20775DLY6 2021-08-19 2289475 REFINANCING OF 2011 BONDS 0 0 1 A 492243 2289475 11861 1 0 1 1 A 0 0 0 0 0 0 1 A 1 0 0 0 0 0 A 0 SCHEDULE K, SUPPLEMENTAL INFORMATION THE ENTIRE POOLED BOND ISSUE WAS $28,840,000 AND THE TAXPAYER SHARE IS 4,040,000. SCHEDULE K, SUPPLEMENTAL INFORMATION THE ENTIRE POOLED BOND ISSUE WAS $16,175,377 AND THE TAXPAYER SHARE IS $2,289,475. THE AMOUNT ON PART II, LINE 11 WAS USED TO REFUND THE 2011 CHEFA BOND. THE BONDS ARE SECURED BY THE MURIEL H. MOORE CHILD DEVELOPMENT CENTER FACILITY. THE LOAN AGREEMENT WAS REFINANCED ON AUGUST 19, 2021 BY CHEFA TO REDUCE THE DEBT SERVICE. PAYMENTS PAID BY THE STATE OF CONNECTICUT. IN 2021, THE BONDS WERE REFUNDED AT A PAR AMOUNT OF $1,970,722 AND CHEFA STATE SUPPORTED CHILD CARE REVENUE BONDS, SERIES 2021 WERE ISSUED. THE ORIGINAL BOND PREMIUM ON THE SERIES 2021 BONDS OF $318,746 HAS BEEN CAPITALIZED AND IS BEING AMORTIZED ON A STRAIGHT-LINE METHOD (WHICH APPROXIMATES THE YIELD METHOD), OVER THE TERM OF THE BONDS. AT OCTOBER 31, 2023, THE UNAMORTIZED BOND PREMIUM WAS $164,147. AS A REQUIREMENT OF THE BOND INDENTURE, THE AGENCY IS REQUIRED TO MEET CERTAIN FINANCIAL AND NONFINANCIAL COVENANTS. AS OF OCTOBER 31, 2023 AND 2022, CERTAIN FINANCIAL AND NONFINANCIAL COVENANTS WERE NOT MET. THE AGENCY HAS OBTAINED A WAIVER FROM CHEFA WITH REGARD TO THESE VIOLATIONS AS MISSING THESE COVENANTS IS NOT CONSIDERED AN EVENT OF DEBT DEFAULT BY CHEFA, AS THE AGENCY IS TAKING THE REQUIRED REMEDIAL ACTIONS AS OUTLINED IN THE DEBT AGREEMENT. X 306014 COST X WORKSTATIONS 0 75000 COST X PET FOODS 0 71830 COST X INCENTIVE 0 42950 COST 0 1 0 FORM 990, PART III, LINE 3 DURING THE YEAR ENDED OCTOBER 31, 2023, NOI WAS NOT AWARDED THE COMPETITIVE BID FOR THE CONTRACT FOR WEATHERIZATION ASSISTANCE PROGRAM (WAP) FUNDED BY THE STATE OF CONNECTICUT DEPARTMENT OF ENERGY AND ENVIRONMENTAL PROTECTION EFFECTICE SEPTEMBER 30, 2025. FORM 990, PART V, LINE 13A CT FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CEO, SENIOR MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE A COI STATEMENT. EACH BOARD MEMBER'S CONFLICT STATEMENT IS REVIEWED WITH THEM TO ENSURE THEY UNDERSTAND WHAT IS REQUIRED AND WHY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMPENSATION COMMITTEE BASED ON THE RESULTS OF AN INDEPENDENT COMPENSATION CONSULTANT. ALL OTHER KEY EMPLOYEES ARE EVALUATED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. NORTH SQUARE GATEWAY TERRACE INC 232 NORTH ELM STREET WATERBURY CT 06702 391693980 LOW INCOME HOUSING CT 501(C)(3) LINE 10 N/A 0 NEW OPPORTUNITIES ECONOMIC DEVELOPMENT 232 NORTH ELM STREET WATERBURY CT 06702 273540138 PROMOTE ECONOMIC DEVELOPMENT CT 501(C)(3) LINE 7 N/A 0 CAMELOT LIMITED PARTNERSHIP 232 NORTH ELM STREET WATERBURY CT 06702 061531373 LOW INCOME HOUSING CT NEW OPPORTUNITIES INC RELATED -1130 86603 0 0 1.00000 CAMELOT CENTER INC 232 NORTH ELM STREET WATERBURY CT 06702 061531370 REAL ESTATE RENTAL CT NEW OPPORTUNITIES INC C -1420 1.00000 1 COMMUNITY-WIDE INVESTMENT CORPORATION 232 NORTH ELM STREET WATERBURY CT 06702 061103496 INACTIVE CT NEW OPPORTUNITIES INC C -1170 1.00000 1 NORTH SQUARE GATEWAY TERRACE DEVELOPMENT 232 NORTH ELM STREET WATERBURY CT 06702 264188184 REAL ESTATE DEVELOPMENT CT NEW OPPORTUNITIES INC -1400 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 NORTH SQUARE GATEWAY TERRACE R 115153 CASH COMMUNITY WIDE INVESTMENT CORPORATION R 14477 CASH CAMELOT LIMITED PARTNERSHIP R 206525 CASH NORTH SQUARE GATEWAY DEVELOPMENT INC R 147585 CASH NEW OPPORTUNITIES ECONOMIC DEVELOPMENT CORPORATION R 1117601 CASH