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New Concepts For Living Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222447934 ✦ Rochelle park, NJ ✦ Designated as a 501(c)(3)

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Overview

What is New Concepts For Living Inc?

New Concepts For Living Inc, a New Jersey-based nonprofit organization located at 68A West Passaic Street in Rochelle Park, is dedicated to facilitating an enriching living environment for individuals with disabilities. Their services encompass Group Homes, Supervised Apartments, and Supportive Living. New Concepts empowers people to realize their dreams and reach their individual potential through a range of quality community programs. Committed to individuals with disabilities and their families, this community nonprofit aims to help them thrive and achieve their goals. (Word count: 92)


Official website here: www.ncfl.net

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)

New Concepts For Living Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has achieved a perfect score in several key areas, including the independence and size of its board, demonstrating a commitment to governance and oversight that is crucial for donor trust.

With a program expense ratio of 75.76%, the nonprofit allocates a significant portion of its funds directly to programs, indicating efficient use of resources to fulfill its mission. Additionally, the absence of material diversion of assets further highlights its commitment to integrity and transparency in financial practices.

While the rating does not highlight any specific limitations, it is important for potential donors to consider the overall impact and effectiveness of the organization's programs. The strong governance and financial health signals a well-managed organization, which is an encouraging aspect for those looking to support its initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is New Concepts For Living Inc legitimate?

New Concepts For Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Concepts For Living Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $576,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,063,468

For more financial information, click here


Official website here: www.ncfl.net

What is the mission statement of New Concepts For Living Inc?

New Concepts For Living Inc is a community non-profit organization dedicated to supporting people with disabilities and their families. Their mission is to help individuals realize their dreams and reach their full potential through quality community programs and services. New Concepts provides a nurturing environment for housing, offering various options such as group homes, supervised apartments, and supportive living. The organization is committed to enabling people to live independently and thrive, making a positive impact on their lives. By offering these resources, New Concepts empowers its residents to unlock their potential and lead fulfilling lives.


Official website here: www.ncfl.net

Who is the CEO of New Concepts For Living Inc?

Steve Setteducati is the Chief Executive Officer of New Concepts For Living Inc. The CEO's salary of New Concepts For Living Inc is $408,471 and their total compensation is $457,041.


Official website here: www.ncfl.net

What is the revenue of New Concepts For Living Inc?

New Concepts For Living Inc's revenue in 2022 was $22,570,388.


Official website here: www.ncfl.net

Who are the executives of New Concepts For Living Inc and what are their salaries?

The average compensation at New Concepts For Living Inc during 2022 was $31,545. There are 369 employees and 11 volunteers at New Concepts For Living Inc.


Here are 19 key members and their salaries (New Concepts For Living Inc's CEO's salary is $408,471 and their total compensation is $457,041):


Steve Setteducati (Chief Executive Officer)
  • Compensation: $408,471
  • Related: $0
  • Other: $48,570
Gus Loukas (Chief Financial Officer)
  • Compensation: $206,793
  • Related: $0
  • Other: $13,788
Debra Tonyes (Director Of Residential Servic)
  • Compensation: $142,724
  • Related: $0
  • Other: $13,482
Athanasio Rizas (Director Of It)
  • Compensation: $147,173
  • Related: $0
  • Other: $0
Marsha Warren (Licensed Practical Nurse)
  • Compensation: $124,148
  • Related: $0
  • Other: $0
Patricia Svec (Director Of Day Program)
  • Compensation: $119,616
  • Related: $0
  • Other: $0
Abraham Papee Yancy (Direct Care Counselor)
  • Compensation: $118,403
  • Related: $0
  • Other: $0
Adam Fishman (Associate Executive Director)
  • Compensation: $57,476
  • Related: $0
  • Other: $0
Paster Anthony Iovine (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Ackley Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Corcoran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Orecchio (Trustee/Interim Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Provost (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Pascall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gennaro Rotella (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Smith (Trustee/Interim Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Aboudi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Babin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Levin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ncfl.net

Where can I find the form 990 for New Concepts For Living Inc?

New Concepts For Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ncfl.net

Learn more at the official website: www.ncfl.net

Mission Statement of New Concepts For Living Inc

New Concepts For Living, a dedicated community non-profit organization, is committed to empowering individuals with disabilities and their families to achieve their full potential. Through quality programs and services, this esteemed organization enables people to realize their dreams and aspirations.

At the heart of New Concepts For Living's mission lies a deep-rooted commitment to the well-being of those it serves. The organization offers a range of housing solutions designed to cater to various needs. These include Group Homes, Supervised Apartments, and Supportive Living, all of which provide nurturing environments that foster personal growth and independence. (Note: For more detailed information on specific housing offerings, please refer to Schedule O attachment.)

New Concepts For Living is more than just a housing provider; it is an organization that genuinely cares for the people it serves. By focusing on the unique needs of each individual, it helps them unlock their full potential and live fulfilling lives. The organization's unwavering dedication to its mission is a beacon of hope and transformation for countless lives.

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Impact




October, 2024

New Concepts For Living Inc empowers individuals with disabilities and their families by providing high-quality community programs and services designed to help them realize their dreams and reach their full potential. In Rochelle Park, NJ, it offers a nurturing housing environment that includes group homes, supervised apartments, and supportive living options. Through these initiatives, individuals are supported in developing life skills, achieving personal goals, and enhancing their overall well-being, fostering a sense of independence and community integration. The organization plays a crucial role in enhancing the quality of life for its participants, promoting inclusion and accessibility within the community.




This information is meant to be a general summary of New Concepts For Living Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$22,570,388 (2022)
Expenses
$16,204,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $72,414
  • Program Service Revenue: $21,743,411
  • Gross Receipts: $23,388,645

Assets and Liabilities:

  • Total Assets: $43,680,911
  • Total Liabilities: $18,984,608
  • Net Assets: $24,696,303

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAID AND OTHER SERVICE FEE INCOME

Revenue

$20,561,886

PROGRAM RENTAL INCOME

Revenue

$682,306

PROGRAM CONTRIBUTION TO CARE INCOME

Revenue

$499,219

Organization Details

Founding Year

1986

Principal Officer

Steve Setteducati

Main Address

68A West Passaic Street, Rochelle Park, NJ, 07662

NTEE Category

Code: P70 - Human services

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