2026-01-30T11:37:42-06:00 2025-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 30 BRAINTREE HL OFFICE PARK STE 300 BRAINTREE MA 02184 990 2024-07-01 474900810 NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION NEWA 5084254788 11 SYCAMORE STREET WORCESTER MA 01608 AGUSTINA VELAZQUEZ INTERIM PRESIDENT & CEO 5084254788 2026-01-29 1 1 MONIKA YADAV P01473820 7813562000 2026-01-29 2024 2025-03-06 01:10:19Z AGUSTINA VELAZQUEZ 11 SYCAMORE STREET WORCESTER MA 01608 603262 0 X HTTPS://NEWAMERICANSCDC.ORG/ X 2015 MA THE NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION (NACDC) INTENDS TO UNDERTAKE COMMUNITY RE-DEVELOPMENT, RENOVATION PROJECTS AND ACTIVITIES THAT REVITALIZE AN "ECONOMIC DESERT AREA" WITHIN WORCESTER. OUR INTENTIONS ALSO INCLUDE CREATION AND EXPANSION OF ECONOMIC ACTIVITIES FOR ALL RESIDENTS OF THE AREA WITH SPECIAL EMPHASIS ON THE DISENFRANCHISED, LOW AND MODERATE INCOME POPULATION. WE WILL PRESERVE AND DEVELOP HOUSING, FACILITATE HOME OWNERSHIP, BUSINESS OPPORTUNITIES AND CAREER TRAINING LADDERS IN THE "MAIN MIDDLE" AREA AND ITS IMMEDIATE SURROUNDING NEIGHBORHOODS. 6 6 0 0 0 0 0 602679 49920 0 115586 0 0 583 165506 603262 0 0 0 0 0 0 0 0 0 53857 45627 53857 45627 111649 557635 60367 41990 231558 0 -171191 41990 X THE NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION (NACDC) INTENDS TO UNDERTAKE COMMUNITY RE-DEVELOPMENT, RENOVATION PROJECTS AND ACTIVITIES THAT REVITALIZE AN "ECONOMIC DESERT AREA" WITHIN WORCESTER. OUR INTENTIONS ALSO INCLUDE CREATION AND EXPANSION OF ECONOMIC ACTIVITIES FOR ALL RESIDENTS OF THE AREA WITH SPECIAL EMPHASIS ON THE DISENFRANCHISED, LOW AND MODERATE INCOME POPULATION. WE WILL PRESERVE AND DEVELOP HOUSING, FACILITATE HOME OWNERSHIP, BUSINESS OPPORTUNITIES AND CAREER TRAINING LADDERS IN THE "MAIN MIDDLE" AREA AND ITS IMMEDIATE SURROUNDING NEIGHBORHOODS. 0 0 0 0 0 A TREMENDOUS AMOUNT OF GREAT WORK HAS TAKEN PLACE ALL AROUND OUR DESIGNATED AREA BUT, NO CONCENTRATED EFFORT IN THE "MAIN MIDDLE". THE NACDC HAS BEGUN THAT CONCENTRATION BY PURCHASING 3 SMALL PARCELS, (14, 16, AND 18 SYCAMORE); ONE MANUFACTURING BUILDING (47 HERMON STREET) AND NEGOTIATING WITH PROPERTY OWNERS TO ACQUIRE THEIR PROPERTIES FOR RENOVATION (701 MAIN, 1, 5 AND 9 SYCAMORE). A TEAM OF COMMUNITY MEMBERS, BUSINESS OWNERS, CITY OFFICIALS, SOCIAL WORKERS, CLIENTS, ARCHITECTS, AND ENGINEERS WORKED CLOSELY WITH NACDC'S PARENT COMPANY TO DETERMINE NEXT STEPS TO CONTINUE TO PROVIDE THE MUCH-NEEDED SERVICES OUR CONSTITUENTS, DEMAND. THE NACDC WAS BORN OUT OF A COMMUNITY OF COLOR'S DEMAND FOR REVITALIZING THEIR NEIGHBORHOOD. SO, FOR THE LAST TWELVE MONTHS, THE NACDC HAS BEEN DOTTING THE I'S AND CROSSING THE T'S NECESSARY TO BECOME THE MINORITY-OWNED AND OPERATED CDC TO PROVIDE TRAINING, BUSINESS OWNERSHIP, JOBS HOMEOWNERSHIP AND HOUSING FOR NEW AMERICANS. 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 MA X TIMOTHY KIRBY 5087981900 11 SYCAMORE STREET WORCESTER MA 01608 DR JUAN A GOMEZ PRESIDENT & CEO (THRU 02/25) 2.00 38.00 X X 0 128654 24327 SAMUEL ROSARIO VICE PRESIDENT 1.00 0.00 X X 0 0 0 KRISTEN A KING TREASURER 1.00 0.00 X X 0 0 0 ATTY GORDY DANILES SECRETARY & CLERK (FROM 12/24) 1.00 0.00 X X 0 0 0 GEORGE COX DIRECTOR (THRU 12/24) 1.00 1.00 X 0 0 0 HECTOR GOMEZ DIRECTOR (FROM 12/24) 1.00 0.00 X 0 0 0 FRANK KARTHEISER DIRECTOR 1.00 0.00 X 0 0 0 REV CLYDE TALLY DIRECTOR (THRU 12/24) 1.00 0.00 X 0 0 0 JEFFREY TORRES DIRECTOR 1.00 0.00 X 0 0 0 AUGUSTINA VELAZQUEZ PRESIDENT & CEO (FROM 09/24) 2.00 38.00 X 0 119616 26412 0 248270 50739 0 0 1 0 0 602679 602679 583 583 583 603262 0 0 583 X 41292 41292 2130 2130 161 161 290 290 1720 1720 DUES AND FEES 34 34 45627 0 45627 0 4431 4803 1720 0 40080 2893 54216 37187 60367 41990 231558 0 231558 0 X -171191 41990 -171191 41990 60367 41990 557635 -344454 0 X 0 1 X 1 0 X 213447 51579 1655 0 602679 869360 213447 51579 1655 602679 869360 869360 0 1 2 0 3 583 583 869946 379055 0.99930 0.40600 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2024 AMOUNT: $ 583. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 34290 34290 5790 2893 2897 37187 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC 740, INCOME TAXES. THE TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 DR JUAN A GOMEZ PRESIDENT & CEO (THRU 02/25) 0 128654 0 0 0 0 0 0 0 24327 0 152981 0 0 PART I, LINE 3 CENTRO LAS AMERICAS, INC., A RELATED ORGANIZATION OF NEW AMERICANS COMMUNITY DEVELOPMENT CORPORATION USED THE FOLLOW METHODS TO ESTABLISH THE COMPENSATION OF THE PRESIDENT/CEO. - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G ADMINISTRATIVE CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 41,292. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,292. CENTRO LAS AMERICAS INC 11 SYCAMORE STREET WORCESTER MA 01608 042714991 FAMILY AND COMMUNITY SERVICES MA 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0