2025-11-10T15:12:31-07:00 2025-06-30 990 2024-07-01 811267064 NEW HAVEN PROMISE INC NEWH 2037766473 28 Lincoln Way New Haven CT 06510 Patricia Melton President 2037766473 2025-11-04 1 2024 2025-03-06 01:10:19Z Patricia Melton 28 Lincoln Way New Haven CT 06510 6221208 0 X www.newhavenpromise.org X 2015 CT To build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community. 7 7 9 50 0 0 5230172 6066081 49598 153000 0 0 1714 2127 5281484 6221208 4133724 4791192 0 0 734944 750015 38000 0 123930 299592 296711 5206260 5837918 75224 383290 2236518 2968372 130275 478839 2106243 2489533 New Haven Promise works to build a culture in the public schools in which students aspire to attend and graduate from college; to provide financial incentives and support for those students; and to facilitate their return to live, work and serve in the greater New Haven community. 0 0 293865 0 "TO" - College Access: New Haven Promise fosters a college-going culture among New Haven public school students and motivates students to gain admission to college; informed and educated K-12 students and parents to complete the pledge and senior application of Promise; recruited and served students for summer enrichment programs; connected students with New Haven nonprofit organizations to complete the required community service hours and managed the service tracking system - SERVO.CITY; managed the comprehensive financial literacy campaign through FAFSACT.ORG platform; recruited volunteers to help college-bound students understand college cost, aid packages and admission process etc. 4864386 4619152 48000 "THROUGH" - College Success: New Haven Promise motivates scholars to graduate from college within four years by providing renewable scholarships, promoting FAFSA completion, leveraging guaranteed institutional aid, recruiting peer leaders and mentors at campuses, and partnering with colleges to ensure full support of Promise scholars. Hosted internship and career fairs and placed scholars in paid internships in their fields of interest; hosted professional and leadership development workshop series; built and managed scholar resume bank. 351997 172040 105000 "BACK NEW HAVEN" - Career and Civic Launch: meets the city and regional needs for a diverse homegrown talent pipeline that strengthens neighborhoods and creates career and leadership opportunities for more than a thousand returned Promise Alumni. New Haven Promise facilitates scholars' return to live, work and participate fully in the greater New Haven community. Hosted job fairs and brokered entry-level full-time job oppurtunities for Promise alumni; hosted professional and leadership development workshop series; tracked alumni to live and work in the greater New Haven region after graduation; hosted financial wealth education and homebuyer seminars to discuss wealth building in 20s; connected alumni with mortgage experts, realtors and their peer alumni who have already become homeowners; served Yale Teaching Fellowship, a program that aims to train high-quality teachers from a variety of backgrounds and experiences, cover teacher shortage areas, and promote long-term teacher retention in New Haven Public Schools. 0 0 0 5510248 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 9 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X Patricia Melton 2037766473 28 Lincoln Way New Haven CT 06510 Patricia Melton President 40 0 X 225411 0 17719 Brett Hoover Director - Data and Digital Strategy 40 0 X 102451 0 15375 Maurie McInnis Board Chair 0.5 0 X 0 0 0 Justin Elicker Director 0.50 0 X 0 0 0 Karen DuBois-Walton Director 0.50 0 X 0 0 0 Christopher O'Connor Director 0.5 0 X 0 0 0 Nathan Fuerst Director 0.5 0 X 0 0 0 July D Olian Director 0.5 0 X 0 0 0 Tamar Gendler Director 0.5 0 X 0 0 0 327862 0 33094 2 0 1 0 0 0 0 0 0 75000 5991081 3323 6066081 Yale Teaching Fellowship Admin 813211 105000 105000 0 0 Pennington Fellowship Admin 813211 48000 48000 0 0 0 0 0 0 153000 0 0 0 0 0 Credit Card Rewards 522390 2127 2127 0 0 0 0 0 0 2127 6221208 155127 0 0 4791192 4791192 0 0 0 0 0 0 212899 120231 11488 81180 0 0 0 0 434614 370983 53154 10477 0 0 0 0 52070 36822 4804 10444 50432 36157 4497 9778 0 0 0 0 26000 13000 13000 0 5650 0 5650 0 0 0 0 0 0 0 0 0 0 0 48661 25125 23536 0 8050 7500 550 0 30970 9582 18650 2738 26688 14457 5282 6949 0 0 0 0 39263 0 39263 0 5633 1592 4041 0 0 0 0 0 76336 60113 13919 2304 0 0 0 0 663 0 663 0 1357 0 1357 0 3469 0 3469 0 Sponsored Internships 14153 14153 0 0 Stipend 8801 8801 0 0 National Student Clearinghouse 600 540 0 60 Government Filing 233 0 233 0 184 0 184 0 5837918 5510248 203740 123930 1547529 2226860 0 0 646500 500000 40000 48000 0 0 0 0 0 0 0 0 0 3323 4734 3602 2489 1132 0 0 0 0 0 0 0 0 0 189057 2236518 2968372 87358 32602 0 0 42917 257180 0 0 0 0 0 0 0 0 0 0 189057 130275 478839 X 888834 1259027 1217409 1230506 2106243 2489533 2236518 2968372 383290 0 0 0 0 0 X X 1 X 1 X 1 0 X 4837261 5106632 5112564 5230172 6066081 26352710 0 0 0 0 0 0 0 0 0 0 0 0 4837261 5106632 5112564 5230172 6066081 26352710 0 26352710 0 0 0 0 0 0 0 0 0 26352710 155127 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 4734 3602 1132 0 0 0 0 1132 Right of use asset, net amortization 189057 189057 0 Operating lease liability 189057 189057 6221208 0 0 0 0 0 6221208 0 0 0 6221208 5837918 0 0 0 0 0 5837918 0 0 0 5837918 1 University of Connecticut 438 Whitney Road Unit 1133 Storrs CT 06269 060772160 501(c)(3) 2774398 Scholarship Southern Connecticut State University 501 Crescent St New Haven CT 06515 061363115 501(c)(3) 707816 Scholarship University of New Haven 300 Boston Post Rd West Haven CT 06516 060761704 501(c)(3) 222672 Scholarship Yale University PO Box 608239 New Haven CT 06520 060646973 501(c)(3) 131875 Scholarship Hampton University 200 William R Harvey Way Hampton VA 23668 540505990 501(c)(3) 112500 Scholarship Central Connecticut State University 1615 Stanley St New Britain CT 06050 061303381 501(c)(3) 106111 Scholarship Eastern Connecticut State University 83 Windham St Willimantic CT 06226 061277820 501(c)(3) 98065 Scholarship CT State - Gateway Community College 20 Church St New Haven CT 06510 223135128 501(c)(3) 89556 Scholarship Quinnipiac University 275 Mt Carmel Ave Hamden CT 06518 060646701 501(c)(3) 80286 Scholarship Howard University 2400 6th St NW Washington DC 20059 530204707 501(c)(3) 80000 Scholarship Morgan State University 1700 E Cold Spring Ln Baltimore MD 21251 237089143 501(c)(3) 77500 Scholarship Albertus Magnus College 700 Prospect St New Haven CT 06511 060646520 501(c)(3) 67188 Scholarship North Carolina A&T State University 1601 E Market St Greensboro NC 27411 582005976 501(c)(3) 60000 Scholarship Western Connecticut State University 181 White St Danbury CT 06810 061086725 501(c)(3) 41269 Scholarship Spelman College 350 Spelman Ln SW Atlanta GA 30314 580566243 501(c)(3) 40000 Scholarship Connecticut College 270 Mohegan Ave New London CT 06320 060646587 501(c)(3) 29250 Scholarship Morehouse College 830 Westview Dr SW Atlanta GA 30314 580566205 501(c)(3) 20000 Scholarship University of Hartford 200 Bloomfield Ave West Hartford CT 06117 060731360 501(c)(3) 18750 Scholarship University of Bridgeport 126 Park Ave Bridgeport CT 06604 060646936 501(c)(3) 11250 Scholarship Wesleyan University 45 Wyllys Ave Middletown CT 06459 060646959 501(c)(3) 10331 Scholarship Sacred Heart University 5151 Park Ave Fairfield CT 06925 060776644 501(c)(3) 7375 Scholarship 21 0 Schedule I, Part I, Line 2 Students must apply for New Haven Promise online and the application form must be authorized by a parent or guardian. Promise reviews grades, attendance, residence, behavior and community service hours, and sends out Letters of Approval to those who meet all the criteria. The qualifiers must sign the FERPA Release Form to accept any Promise benefit and become a Scholar. New Haven Promise receives enrollment status, financial aid information and transcripts of all Scholars for each semester directly from colleges and universities. Promise verifies Scholars' eligibility of funding and calculates individual scholarship amounts. Scholarship grants are disbursed directly to colleges and universities and then credited to student accounts for educational costs, not to exceed the total cost of education, which is determined by each educational institution. X X X X X X 0 0 0 0 0 0 0 0 0 Patricia Melton President 225411 0 0 0 0 0 0 0 17719 0 243130 0 0 0 Brett Hoover Director - Data and Digital Strategy 102451 0 0 0 0 0 0 0 15375 0 117826 0 0 0 Form 990, Part VI, Section B, Line 11b A copy of this Form 990 was provided to the members of the Board of Directors for their review prior to filing. Form 990, Part VI, Section B, Line 12c All employees and board members are required to disclose any conflicts of interest and to notify the Board of Directors of any conflict. Form 990, Part VI, Section B, Line 15 An independent consultant was hired and conducted a comparability study of similar organizations with executive compensation and benefit benchmarks. Form 990, Part VI, Section C, Line 19 The Form 990, the organization's conflict of interest policy and governing documents are available upon request. Form 990, Part XII, Line 2c New Haven Promise Audit Committee convenes to meet with independent auditor after each audit and reports to the board.