2025-11-16T09:18:07-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2024-01-01 954242745 NEW DIRECTIONS INC NEWD 3109144045 11303 WILSHIRE BLVD BLDG 116 LOS ANGELES CA 90073 LEONARDO CUADRADO EXECUTIVE DIRECTOR 3109144045 2025-11-15 1 1 LAURA KIELCZEWSKI P00740769 9164429100 2025-11-14 2024 2025-03-06 01:10:19Z NEW DIRECTIONS FOR VETERANS RUDY GRIMALDO 11303 WILSHIRE BLVD BLDG 116 LOS ANGELES CA 90073 6268786 0 X WWW.NDVETS.ORG X 1992 CA NEW DIRECTIONS, INC. EMPOWERS MEN AND WOMEN WHO SERVED IN THE MILITARY, AND THEIR FAMILIES, TO LEAD PRODUCTIVE AND FULFILLING LIVES. 8 8 103 75 0 0 2342798 2060082 5501074 3897483 5 148371 84156 108621 7928033 6214557 0 0 0 0 4876573 4996803 0 0 96654 2869817 2634934 7746390 7631737 181643 -1417180 7692194 6263741 934705 923432 6757489 5340309 X NEW DIRECTIONS, INC. WAS ORGANIZED PURSUANT TO THE GENERAL NONPROFIT CORPORATION LAWS OF THE STATE OF CALIFORNIA FOR THE PURPOSE OF EMPOWERING MEN AND WOMEN WHO SERVED IN THE MILITARY AND THEIR FAMILIES TO LEAD PRODUCTIVE AND FULFILLING LIVES. NEW DIRECTIONS, INC. CONTINUES TO DO BUSINESS AS NEW DIRECTIONS FOR VETERANS (NDVETS). 0 0 2695121 1514865 VA GRANT & PER DIEM (GPD) PROGRAM: BUILDING 116 HOUSES NEW DIRECTION'S 120-BED TRANSITIONAL SHELTER WHERE VETERANS CAN STAY FOR UP TO 24 MONTHS. IN 2024, THE TRANSITIONAL SHELTER SERVED VETERANS AND PROVIDED CASE MANAGEMENT, CLOTHING, FOOD, HOUSING LOCATION AND PLACEMENT. ADDITIONALLY, IT OFFERED INDIVIDUAL AND GROUP THERAPY, JOB TRAINING AND PLACEMENT, LEGAL ASSISTANCE, MENTAL HEALTH TREATMENT, REMEDIAL EDUCATION, SUBSTANCE ABUSE TREATMENT, AND TRANSPORTATION. 729974 481211 VA HEALTHCARE FOR HOMELESS VETERANS (HCHV): BUILDING 257 HOUSES NEW DIRECTION'S 18-BED WOMEN'S TRANSITIONAL SHELTER WHERE WOMEN CAN STAY UP TO SIX MONTHS. IN 2024, THE TRANSITIONAL SHELTER SERVED WOMEN VETERANS AND PROVIDED CASE MANAGEMENT, CLOTHING, FOOD, HOUSING LOCATION AND PLACEMENT. IN ADDITION, IT OFFERED INDIVIDUAL AND GROUP THERAPY, HELPED WITH JOB PLACEMENT, LEGAL ASSISTANCE, MENTAL HEALTH TREATMENT, SUBSTANCE ABUSE TREATMENT AND TRANSPORTATION. 613649 383416 THE DEPARTMENT OF MENTAL HEALTH (DMH) MENTAL HEALTH FULL SERVICE PARTNERSHIP (FSP) CLINICAL PROGRAM: ALL CLINICAL SERVICES ARE AVAILABLE TO OUR VETERANS. CORE MENTAL HEALTH SERVICES ARE INCLUDED IN THE CLINICAL TREATMENT PROGRAM. OUR CLINICAL TEAM IS COMPRISED OF MARRIAGE & FAMILY THERAPY PRE-LICENSED INTERNS AND TRAINEES, AND LICENSED THERAPISTS. THERAPISTS PARTICIPATE IN A MULTI-DISCIPLINARY TEAM TO COORDINATE CASE MANAGEMENT AND MENTAL HEALTH SERVICES, INCLUDING PREVENTION AND EARLY INTERVENTION SERVICES, INDIVIDUAL PSYCHOTHERAPY, AND GROUP PSYCHOTHERAPY. 2661114 1570090 2661114 1570090 6699858 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 12 0 1 103 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MIRIEL THOMPSON 3109144045 11303 WILSHIRE BLVD BLDG 116 LOS ANGELES CA 90073 DARRIN SELNICK BOARD MEMBER 2.00 X 0 0 0 DAVID BAYLOR BOARD MEMBER 2.00 X 0 0 0 JENNIFER KIM SECRETARY 2.00 X X 0 0 0 JOHN COHN BOARD MEMBER 2.00 X 0 0 0 MARK ROBESON TREASURER 2.00 X X 0 0 0 RAYMOND DELGADO BOARD MEMBER 2.00 X 0 0 0 RUDY GRIMALDO CHAIR 2.00 X X 0 0 0 LEONARDO CUADRADO EXECUTIVE DIRECTOR 40.00 X 188421 0 19885 FILIPPO MARIA FORNI CLINICAL DIRECTOR 40.00 X 108519 0 14454 MIRIEL AMALIA THOMPSON CONTROLLER 40.00 X 107703 0 11486 SUSAN MICHAEL VICE PRESIDENT OF PROGRAMS 40.00 X 146740 0 13245 551383 0 59070 4 0 1 0 0 65999 1249635 744448 75538 2060082 FEE FOR SERVICE 900099 2588010 2588010 PROGRAM INCOME 900099 1124197 1124197 DEVELOPER FEE 900099 112673 112673 PARTNERSHIP MANAGEMENT 900099 72603 72603 3897483 148371 148371 96511 0 96511 96511 96511 14240 65999 54229 -39989 -39989 52099 52099 52099 6214557 3949582 0 204893 X 208306 189444 16889 1973 3937929 3575362 324059 38508 34144 31544 2377 223 392440 362556 27323 2561 423984 391699 29518 2767 19040 19040 66699 66699 859835 625264 205431 29140 775 775 168168 113724 53778 666 52803 40641 12052 110 35945 33691 2238 16 16048 15966 82 22918 22918 325035 300576 24459 REPAIRS AND MAINTENANCE 425032 410614 4418 10000 FOOD COSTS 272939 272939 SUPPLIES 152417 142555 3446 6416 EQUIPMENT RENTAL 102667 91515 10682 470 114613 101768 9041 3804 7631737 6699858 835225 96654 4650031 787611 401855 151342 569090 1343037 1488520 150426 48396 7095997 6581625 550382 514372 3248350 27373 25150 7692194 6263741 413395 451594 13500 13500 507810 458338 934705 923432 X 4225951 3021309 2531538 2319000 6757489 5340309 7692194 6263741 -1417180 0 X 0 1 X 1 0 X 1842877 1402357 4047985 2342798 2060082 11696099 1842877 1402357 4047985 2342798 2060082 11696099 496554 11199545 171113 172921 177539 114420 244882 880875 10150 31960 480 624 52099 95313 12672287 20442798 0.88380 0.92380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2020 AMOUNT: $ 10,150. 2021 AMOUNT: $ 31,960. 2022 AMOUNT: $ 480. OTHER INCOME - 2023 AMOUNT: $ 624. 2024 AMOUNT: $ 52,099. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 337186 337186 261695 261695 0 5460525 5290811 169714 516205 508733 7472 520386 520386 0 514372 ACCOUNTABILITY GOVT FUNDED ASSETS 458338 458338 X 6268786 0 6268786 -54229 -54229 6214557 7685966 54229 54229 7631737 0 7631737 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS AS REQUIRED BY STATE LAW. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM TAXATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN THEIR FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION'S RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE AND FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. NEW DIRECTIONS HOUSING, LLC, NEW DIRECTIONS WEST ADAMS, LLC, AND NEW DIRECTIONS HOUSING II (THE "PARTNERSHIPS") ARE CLASSIFIED AS PARTNERSHIPS FOR INCOME TAX PURPOSES. THE PARTNERSHIPS' PROFITS AND LOSS ARE REPORTABLE BY THE MEMBERS ON THEIR RESPECTIVE INCOME TAX RETURNS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS EXCEPT FOR THE REQUIRED MINIMUM CALIFORNIA STATE TAXES APPLICABLE TO LIMITED LIABILITY COMPANIES OF $2,400 FOR THE YEAR ENDED DECEMBER 31, 2024. INCOME TAX RETURNS FILED BY THE PARTNERSHIPS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (THE "IRS") FOR THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2021 REMAIN OPEN FOR EXAMINATION. THE PARTNERSHIPS HAVE NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -54,229. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 54,229. ANNUAL GALA 80239 65999 14240 14372 25000 11903 2954 80239 65999 14240 14372 25000 11903 2954 54229 -39989 X X X 0 0 0 0 0 0 0 0 0 LEONARDO CUADRADO EXECUTIVE DIRECTOR 188061 0 0 0 360 0 7627 0 12258 0 208306 0 0 0 SUSAN MICHAEL VICE PRESIDENT OF PROGRAMS 145708 0 0 0 1032 0 5770 0 7475 0 159985 0 0 0 X 43846 FMV X 3848 29033 FMV X OTHER - TICKETS 10 2659 COST 0 1 0 PART I, COLUMN (B): THE NUMBER ON COLUMN M REPRESENTS THE NUMBER OF ITEMS RECEIVED. FORM 990, PART III, LINE 1: SINCE 1992, NDVETS HAS HELPED OUR NATION'S HEROES SUCCESSFULLY ADDRESS THE CHALLENGES OF LIFE AFTER MILITARY SERVICE. NDVETS OFFERS SUPPORT AND ASSISTANCE TO LOS ANGELES-AREA HOMELESS VETERANS AND VETERANS AT RISK FOR HOMELESSNESS TO EFFECTIVELY TRANSFORM THEIR LIVES THROUGH A RICH ARRAY OF SERVICES TAILORED TO MEET THE NEEDS OF EACH INDIVIDUAL VETERAN. PRIMARY SERVICES OFFERED INCLUDE AFFORDABLE HOUSING PLACEMENTS AND DEVELOPMENT, VOCATIONAL AND EDUCATIONAL SERVICES, WORKFORCE DEVELOPMENT AND JOB TRAINING, CASE MANAGEMENT, MENTAL HEALTH COUNSELING, AND SUBSTANCE ABUSE TREATMENT, IN THE CONTEXT OF ITS TRANSITIONAL HOUSING PROGRAMS FOR BOTH MEN AND WOMEN VETERANS. NDVETS CURRENTLY OPERATES THIRTEEN PERMANENT SUPPORTIVE HOUSING FACILITIES AND FOUR TRANSITIONAL HOUSING PROGRAMS WITH NEW PROJECTS IN THE PIPELINE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS SENT TO THE AUDIT COMMITTEE AND BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO THE FILING OF THE FORM BY THE ACCOUNTING FIRM. ANY QUESTIONS ARE ADDRESSED TO THE CFO FOR FOLLOW UP WITH THE ACCOUNTING FIRM. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL PROCESS WHERE THE BOARD OF DIRECTORS SIGNS OFF ON THE CONFLICT OF INTEREST POLICY AND THIS PROCESS IS MONITORED BY THE EXECUTIVE OFFICERS, THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND REVIEW OF CEO AND OTHER TOP MANAGEMENT COMPENSATION IS DETERMINED BY THE GOVERNANCE COMMITTEE OF THE BOARD. A PERFORMANCE EVALUATION IS CONDUCTED BY THE BOARD CHAIR AND GOVERNANCE CHAIR AND APPROVED BY THE BOARD. COMPENSATION SURVEYS ARE CONDUCTED EVERY FEW YEARS BY HR AND ARE USED AS THE BASIS TO DETERMINE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND 1023 (APPLICATION FOR EXEMPTION), ARE MADE AVAILABLE TO THE PUBLIC. AUDITED FINANCIALS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 625,264. MANAGEMENT AND GENERAL EXPENSES 205,431. FUNDRAISING EXPENSES 29,140. TOTAL EXPENSES 859,835. NEW DIRECTIONS HOUSING I LLC 11303 WILSHIRE BLVD VA BLDG 116 LOS ANGELES CA 90073 331176564 DEVELOP HOUSING FOR VETERANS CA 0 3058719 NEW DIRECTIONS INC NEW DIRECTIONS WEST ADAMS LLC 11303 WILSHIRE BLVD VA BLDG 116 LOS ANGELES CA 90073 811312690 DEVELOP HOUSING FOR VETERANS CA 0 144000 NEW DIRECTIONS INC NEW DIRECTIONS HOUSING II LLC 11303 WILSHIRE BLVD VA BLDG 116 LOS ANGELES CA 90073 834457864 DEVELOP HOUSING FOR VETERANS CA 87133 0 NEW DIRECTIONS INC 1 1