2026-04-28T08:33:47+00:00 2025-06-30 350921680 CROWE LLP 4801 Olympia Park Plaza Suite 4000 Louisville KY 402412098 990 2024-07-01 237061218 APT Foundation Inc APTF 2037814600 1 Long Wharf Drive New Haven CT 06511 Michelle Michaud CFO/Treasurer 2026-04-28 true true Rachel Spurlock P00520729 5023263996 2026-04-28 2024 2025-03-06 01:10:19Z Lynn Madden 1 Long Wharf Drive New Haven CT 06511 36953601 false X WWW.APTFOUNDATION.ORG X 1970 CT TO PROMOTE HEALTH AND RECOVERY FOR THOSE WHO LIVE WITH SUBSTANCE USE DISORDERS AND/OR MENTAL ILLNESS. 10 10 362 10 0 8808088 8202477 29712987 28507696 154224 199624 278488 -6706 38953787 36903091 0 0 25768936 24588820 0 0 10979387 11290537 36748323 35879357 2205464 1023734 30177032 29664555 7489948 5954673 22687084 23709882 TO PROMOTE HEALTH AND RECOVERY FOR THOSE WHO LIVE WITH SUBSTANCE USE DISORDERS AND/OR MENTAL ILLNESS. false false 24826510 28138682 TREATMENT PROGRAMS: THE APT FOUNDATION PROVIDES TREATMENT TO INDIVIDUALS WITH SUBSTANCE USE AND MENTAL HEALTH DISORDERS WITH AN EMPHASIS ON TRADITIONALLY UNDERSERVED POPULATIONS. THE FOUNDATION OFFERS TREATMENT PROGRAMS FOR ADULTS THAT ADDRESS THE FULL RANGE OF SUBSTANCES OF ABUSE INCLUDING OPIATES, COCAINE, ALCOHOL AND MULTIPLE ADDICTIONS. PARTIALLY FUNDED BY THE CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES, THE APT FOUNDATION IS COMMITTED TO RAPID ACCESS TO TREATMENT, AS WELL AS THE UTILIZATION OF STRATEGIES THAT ENGAGE AND RETAIN PEOPLE IN RECOVERY. 2484022 374418 ACCESS TO PRIMARY CARE: OTHER PROGRAMS, SUCH AS ACCESS TO PRIMARY CARE, ARE OFFERED TO ASSIST IN THE TREATMENT OF SUBSTANCE USE AND MENTAL HEALTH DISORDERS, WITH AN EMPHASIS ON TRADITIONALLY UNDERSERVED POPULATIONS. THE FOUNDATION OFFERS TREATMENT PROGRAMS FOR ADULTS THAT ADDRESS THE FULL RANGE OF SUBSTANCE ABUSE INCLUDING OPIATES, COCAINE, ALCOHOL AND MULTIPLE ADDICTIONS. 863005 ADDICTION RESEARCH: THE APT FOUNDATION, WORKING IN COLLABORATION WITH THE YALE SCHOOL OF MEDICINE, HAS EARNED A REPUTATION FOR EXCELLENCE IN ADDICTION RESEARCH AS WELL AS TREATMENT. THROUGH RESEARCH PROGRAMS SUPPORTED BY STATE AND NATIONAL AGENCIES, SUCH AS THE NATIONAL INSTITUTE ON DRUG ABUSE (NIDA), THE APT FOUNDATION IS AT THE FOREFRONT OF ADDICTION RECOVERY BY DESIGNING TREATMENT PROGRAMS BASED ON RESEARCH OUTCOMES. 28173537 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false false false true 13 0 true 362 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false false true true true true true true true false false false CT X Michelle Michaud 2037814600 1 Long Wharf Drive New Haven CT 06511 Janet Ryan Board Chair 3.0 X X 0 0 0 Jay Broderick Board Vice Chair 1.0 X X 0 0 0 Valerie Goodkin Secretary 1.0 X X 0 0 0 Betty Levy Director 0.5 X 0 0 0 David Margolis Director 0.5 X 0 0 0 Fred Erskine Director 0.5 X 0 0 0 Ismene Petrakis Director 0.5 X 0 0 0 Lucile Patrone Director 0.5 X 0 0 0 Mitchell Gallignano Director 0.5 X 0 0 0 Lynn Madden CEO 37.5 X 421811 0 55947 Michelle Michaud CFO/Treasurer 37.5 X 269163 0 14606 Daniel Iead Director Residential Services 37.5 X 139029 0 42508 Julia M Shi Medical Director Primary Care 37.5 X 249055 0 58073 Katherine Dangelo APRN 37.5 X 146284 0 22503 Mary Giannotti APRN 37.5 X 138415 0 46158 Robert M Freeman Director Clinical Operations 37.5 X 157464 0 24276 1521221 0 264071 25 false true false Pustola & Associates 26 Hotchkiss St 3rd Flr NAUGATUCK CT 06770 Construction & Maintenance Services 1496876 Environmental Engineering Inc 100 Old Gate Lane Milford CT 06460 Heating Contractor 212223 The Cleaning Company 15 Baer Circle Unit A-2 East Haven CT 06512 Janitorial Services 158045 Iron Mountain PO Box 27128 New York NY 10087 Document Storage 130333 All American Waste PO Box 1308 Enfield CT 06083 Waste Management 125932 6 8170563 31914 8202477 NET PATIENT SERVICE REVENUE 621400 28386177 28386177 PATIENT FEES 621400 121519 121519 0 0 0 0 28507696 199624 199624 38400 50510 -12110 0 -12110 -12110 0 0 Miscellaneous income 900099 5404 5404 0 0 0 0 5404 36903091 28513100 0 187514 803654 349688 453966 18639981 15759816 2880165 554879 459730 95149 3234863 2680159 554704 1355443 1123016 232427 94132 94132 88500 88500 1654832 1449559 205273 0 194373 84576 109797 3730113 2741515 988598 325155 141482 183673 1715574 1189136 526438 210021 193287 16734 94730 94730 1007662 460617 547045 557179 437181 119998 Miscellaneous 809932 352419 457513 LABORATORY & PHARMACY 447562 443487 4075 SECURITY & ALARM 149486 137369 12117 TAXES 139082 139082 72204 31418 40786 0 35879357 28173537 7705820 0 6483038 4914386 0 2970350 581262 102969 1332264 1262898 0 0 0 0 528419 670416 27035332 9763668 17640619 17271664 0 0 3611430 2471872 30177032 29664555 5777485 4395679 1200 1200 0 0 1592944 1511701 118319 46093 7489948 5954673 X 22687084 23709882 22687084 23709882 30177032 29664555 X 1023734 -936 X false true true true true X 8149617 8959477 9596414 8808088 8202477 43716073 0 0 8149617 8959477 9596414 8808088 8202477 43716073 0 43716073 37336 38453 120635 192624 238024 627072 0 0 0 0 0 0 0 0 0 0 0 0 44343145 140959067 0.98586 0.99016 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20993886 6180456 14813430 1057129 1057129 4910755 3583212 1327543 73562 73562 17271664 WORKERS COMPENSATION RECOVERABLE 2471872 2471872 Federal Income Taxes SWAP Liability -67314 WORKERS COMPENSATION RESERVE 113407 46093 X 37185201 231600 231600 36953601 -50510 -50510 36903091 36161467 231600 231600 35929867 -50510 -50510 35879357 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Foundation is exempt from federal and state income taxes on exempt function income. The Foundation had no unrelated business taxable income for the years ended June 30, 2025 and 2024. The Foundation accounts for uncertain tax positions with provisions of FASB ASC 740, "Income Taxes" (FASB ASC 740), which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions within the financial statements. The Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The Foundation does not have any uncertain tax positions as of June 30, 2025 and 2024. The Foundation's policy is to include any penalties and interest associated with uncertain tax positions as a component of supporting services on the statements of operations and changes in net assets. As of June 30, 2025 and 2024, the Foundation did not record any penalties or interest associated with uncertain tax positions. All tax years from 2021 forward are open and subject to examination. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 INTERCOMPANY RENTAL INCOME - 231600 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements RENTAL EXPENSES - -50510 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 INTERCOMPANY RENTAL INCOME - 231600 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements RENTAL EXPENSES - -50510 X X X false false false false false false false false false Lynn Madden CEO 408385 0 11550 0 1876 0 24714 0 31233 0 477758 0 0 0 Michelle Michaud CFO/Treasurer 258483 0 10500 0 180 0 10283 0 4323 0 283769 0 0 0 Julia M Shi Medical Director Primary Care 237367 0 10500 0 1188 0 14015 0 44058 0 307128 0 0 0 Robert M Freeman Director Clinical Operations 146188 0 10500 0 776 0 8857 0 15419 0 181740 0 0 0 Katherine Dangelo APRN 142416 0 3750 0 118 0 5916 0 16587 0 168787 0 0 0 Daniel Iead Director Residential Services 127812 0 10500 0 717 0 8377 0 34131 0 181537 0 0 0 Mary Giannotti APRN 134149 0 3750 0 516 0 8997 0 37161 0 184573 0 0 0 Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES THE ORGANIZATION USES 3RD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING THE COMPENSATION OF THE CFO. THE LAST REVIEW OF THE ORGANIZATION'S CFO OCCURRED IN MARCH 2025. THIS PROCESS IS REVIEWED AND APPROVED BY THE CEO. Form 990, Part VI, Line 1a Delegate broad authority to a committee Pursuant to Article XI of the By-Laws, there shall be an executive committee consisting of the officers of the corporation, the president/CEO (nonvoting), and at least two but up to three other members of the board of directors as selected by the chairperson and approved by the board. During the intervals between meetings of the board of directors, the executive committee shall posses and may exercise all the power of the board of directors in the management of the affairs of the corporation, provided any action taken shall not conflict with the policies and expressed wishes of the board. Form 990, Part VI, Line 11b Review of form 990 by governing body A COMPLETE COPY OF THE FORM 990 IS FIRST PROVIDED TO THE MEMBERS OF THE AUDIT AND FINANCE COMMITTEE. THE COMMITTEE HAS A DETAILED DISCUSSION AT THEIR NEXT SCHEDULED MEETING. A COMPLETE COPY IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED FORMS ARE REVIEWED BY THE HUMAN RESOURCES DEPARTMENT TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS ARE FURTHER EVALUATED BY THE CEO AND CFO, AND IF WARRANTED, ARE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS FOR DISCUSSION AND RESOLUTION. SIMILARLY, ANY POTENTIAL CONFLICTS OF INTEREST THAT ARE BROUGHT TO THE ATTENTION OF THE ORGANIZATION BY THE OUTSIDE AUDITORS OR BY AN EMPLOYEE OR OTHER PERSON, ARE INVESTIGATED AND RESOLVED IN ACCORDANCE WITH THE PROCEDURES DISCUSSED ABOVE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION USES 3RD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING THE COMPENSATION OF THE CEO AND CFO. THE COMPENSATION OF THE CEO and CFO ARE DOCUMENTED AND APPROVED BY THE BOARD. THE LAST REVIEW OF THE ORGANIZATION'S CEO AND CFO SALARIES OCCURRED IN MARCH 2025. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN INTEREST RATE SWAP OBLIGATION - -936; Total - -936; 174 HA LLC 1 LONG WHARF DRIVE NEW HAVEN CT 06511 153625786 REAL ESTATE HOLDING COMPANY CT 22800 123993 APT FOUNDATION INC 352 SS COMPANY LLC 1 LONG WHARF DRIVE NEW HAVEN CT 06511 461142572 REAL ESTATE HOLDING COMPANY CT 231600 2073894 APT FOUNDATION INC