2024-11-12T15:31:34-06:00 2023-12-31 060903326 WHITTLESEY PC 280 TRUMBULL ST 24TH FL HARTFORD CT 06103 990 2023-01-01 060864050 NEW NEIGHBORHOODS INC NEWN 2033592215 76 PROGRESS DRIVE STAMFORD CT 06902 WILLIAM J HEALY II EXECUTIVE DIRECTOR 2033592215 2024-11-12 1 1 THOMAS GOLDFUSS P01373588 8605223111 2023 2024-10-15 13:58:12Z WILLIAM J HEALY II 76 PROGRESS DRIVE STAMFORD CT 06902 9199553 0 X WWW.NNISTAMFORD.ORG X 1967 CT NEW NEIGHBORHOODS, INC.'S PURPOSE IS TO DEVELOP, REDEVELOP, OWN AND MANAGE QUALITY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES AND TO WORK TO ASSIST IN THE PLANNING, RE-PLANNING, DEVELOPMENT AND IMPROVEMENT OF LOW AND MODERATE INCOME COMMUNITIES IN CONNECTICUT, WITH A FOCUS ON LOWER FAIRFIELD COUNTY. 16 16 82 0 0 0 410534 2868404 5028671 6226803 0 104346 0 0 5439205 9199553 0 0 0 0 3245066 4045216 0 0 147576 3778888 4701953 7023954 8747169 -1584749 452384 33755919 34377591 31766948 31936236 1988971 2441355 X NEW NEIGHBORHOODS, INC.'S PURPOSE IS TO DEVELOP, REDEVELOP, OWN AND MANAGE QUALITY HOUSING FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES AND TO WORK TO ASSIST IN THE PLANNING, RE-PLANNING, DEVELOPMENT AND IMPROVEMENT OF LOW AND MODERATE INCOME COMMUNITIES IN CONNECTICUT, WITH A FOCUS ON LOW FAIRFIELD COUNTY. 0 0 4140231 3540184 NEW NEIGHBORHOODS IS AN OWNER OF SEVERAL REAL ESTATE COMPANIES AND PARTNERSHIPS WHICH OWN OVER 440 UNITS WHICH ARE RENTED TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES, WHICH INCLUDE SUPPORTIVE, VETERAN AND SENIOR UNITS IN STAMFORD, NORWALK AND DANBURY, CT. 2736996 4145958 NEW NEIGHBORHOODS, INC. PROVIDES SERVICES THAT FOCUSES ON MAXIMIZING RETURN AND PROPERTY VALUE AND THE DAY TO DAY MANAGEMENT ACTIVITIES OF THE DIFFERENT PROJECTS UNDER THEIR CONTROL. 6877227 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 11 0 1 82 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X NEW NEIGHBORHOODS INC 2033592215 76 PROGRESS DRIVE STAMFORD CT 06902 ROBERT O'BRIEN MEMBER 2.00 X 0 0 0 KEVIN GEORGE RECENT PAST CHAIRMAN 1.00 X 0 0 0 RONALD CORWIN MEMBER 1.00 X 0 0 0 JULIAN PIERCE VICE CHAIR 1.00 X X 0 0 0 PHIL SWAN MEMBER 1.00 X 0 0 0 ELLEN TOWER MEMBER 1.00 X 0 0 0 BEN THOMAS MEMBER 1.00 X 0 0 0 FELISHA GUIRAND-FLEURIMOND MEMBER 1.00 X 0 0 0 WILLIAM J HEALY II PRESIDENT/CEO 40.00 X X 273788 0 39647 SARAH FOX MEMBER 1.00 X 0 0 0 TOM LAMBERT MEMBER 1.00 X 0 0 0 ANTHONY STEWART MEMBER 1.00 X 0 0 0 BOBBI BROWN MEMBER 1.00 X 0 0 0 SANG YU MEMBER 1.00 X 0 0 0 PETER HELMES CHAIRMAN 1.00 X X 0 0 0 SUNIL SHARMA SECRETARY 1.00 X X 0 0 0 BRENDAN BIGGINS TREASURER/FINANCE COMMITTEE CHAIR 2.00 X X 0 0 0 273788 0 39647 1 0 1 0 0 2767821 100583 2868404 PAYROLL REIMBURSEMENTS 531110 2789476 2789476 RENTAL REVENUE FROM LO 531110 2714308 2714308 MANAGEMENT FEES 531110 723019 723019 6226803 104346 104346 9199553 6331149 0 0 273788 161535 104039 8214 2936347 1893980 946063 96304 154319 91048 58641 4630 617496 364323 234648 18525 63266 37011 24041 2214 4623 4623 175225 175225 27501 18563 8250 688 391 391 40325 27220 12098 1007 125233 83906 37570 3757 177266 116995 53180 7091 24255 16493 5336 2426 5194 5194 RENTAL EXPENSES FOR LOW 4112542 4066153 43669 2720 9398 9398 8747169 6877227 1722366 147576 4327600 696263 10900133 6897661 95262 3856322 341021 142077 25997253 9796106 12063256 16201147 2995440 5393446 500000 500000 2533207 690675 33755919 34377591 706627 1334452 30905979 30512084 0 154342 89700 31766948 31936236 X 1983971 2436355 5000 5000 1988971 2441355 33755919 34377591 452384 0 X X 0 1 X 1 0 X 282474 336799 171279 410534 2972750 4173836 4427812 4856237 5248747 5803396 7565205 27901397 4710286 5193036 5420026 6213930 10537955 32075233 0 0 0 32075233 4710286 5193036 5420026 6213930 10537955 32075233 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 535755 535755 18252682 8699816 9552866 7208816 1096290 6112526 16201147 TENANT SECURITY DEPOSITS 78266 OPERATING LEASE LIABILITY 11434 89700 5087011 0 5087011 4112542 4112542 9199553 4634627 0 4634627 4112542 4112542 8747169 PART XI, LINE 4B - OTHER ADJUSTMENTS: NONCONSOLIDATED RELATED PARTIES 4,112,542. PART XII, LINE 4B - OTHER ADJUSTMENTS: NONCONSOLIDATED RELATED PARTIES 4,112,542. 0 0 0 0 0 0 0 0 0 WILLIAM J HEALY II PRESIDENT/CEO 273788 0 0 0 0 0 12266 0 27381 0 313435 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S CEO, FINANCE COMMITTEE AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE ORGANIZATION'S BOARD OF DIRECTORS IS REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S CEO, OFFICERS, AND KEY EMPLOYEES IS REVIEWED BY NNI'S EXECUTIVE AND PERSONNEL COMMITTEES. COMPENSATION IS ALSO REVIEWED AS PART OF ITS ANNUAL BUDGET PROCESS. NNI ALSO REVIEWS COMPENSATION STUDIES FOR NOT-FOR-PROFITS PREPARED FOR NATIONAL AND/OR STATE WIDE ORGANIZATIONS. NNI HAS ASKED NON-PROFIT INTERMEDIARIES SUCH AS LISC IF EXECUTIVE PAY IS OUT OF LINE WITH SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENT INFORMATION, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. 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