2023-05-30T11:46:31-05:00 2022-06-30 833019782 STONE & COMPANY LLC 57 BEDFORD ST STE 225 LEXINGTON MA 024204443 990 2021-07-01 043012063 CASA NUEVA VIDA CASA 6175246332 53 GLEN ROAD JAMAICA PLAIN MA 02130 VOULA KANELLIAS INTERIM EXECUTIVE DIRECTOR 6175246332 2023-05-23 1 VOULA KANELLIAS 999009999 ROBERT STRAUSS CPA P00491271 7818636300 2023-05-23 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z VOULA KANELLIAS 53 GLEN ROAD JAMAICA PLAIN MA 02130 8114675 0 X CASANUEVAVIDA.ORG X 1993 MA THE ORGANIZATION PROVIDES TEMPORARY HOUSING TO HOMELESS FAMILIES WITH PARTICULAR ATTENTION TO THE NEEDS OF HISPANIC FAMILIES. 5 4 122 0 0 0 7778230 8111317 0 0 7710 769 617 2589 7786557 8114675 0 0 0 0 3053686 3382649 0 0 45456 3704061 3357810 6757747 6740459 1028810 1374216 5605754 6808115 1410945 1269172 4194809 5538943 THE ORGANIZATION PROVIDES TEMPORARY HOUSING TO HOMELESS FAMILIES WITH PARTICULAR ATTENTION TO THE NEEDS OF HISPANIC FAMILIES. 0 0 5678186 THE ORGANIZATION PROVIDES TEMPORARY HOUSING TO HOMELESS FAMILIES WITH PARTICULAR ATTENTION TO THE NEEDS OF HISPANIC FAMILIES. 5678186 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 122 1 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 MA X X VERNON BLESSING 6175246332 53 GLEN ROAD JAMAICA PLAIN MA 02130 VIOLETA GONZALEZ DIRECTOR 0.50 X 0 0 0 ALBA ALVAREZ TREASURER 1.00 X 0 0 0 JIM COTE DIRECTOR 1.00 X 0 0 0 LISA MORALES PRESIDENT, CLERK, INTERIM DIRECTOR 10.00 X 37080 0 0 VERNON BLESSING INTERIM EXETIVE DIRECTOR 40.00 X 112740 0 0 149820 0 0 1 1 0 0 HINCKLEY ALLEN AND SNYDER LLP 28 STATE STREET BOSTON MA 02109 LEGAL SERVICES 426345 1 8016376 94941 8111317 769 769 OTHER REVENUES 531390 2589 2589 2589 8114675 2589 0 769 149820 133340 14982 1498 2584554 2300253 258455 25846 46167 41088 4617 462 357114 317832 35711 3571 244994 218045 24499 2450 426345 426345 47810 47810 100383 4339 96044 31339 31339 1848184 1811018 27874 9292 1222 1222 25887 25887 134674 119860 13467 1347 79206 76236 1980 990 PROGRAM PLACEMENT SERVI 218398 218398 OTHER EXPENSES 169034 135340 33694 PROGRAM SUPPLIES 138834 138834 REPAIRS AND MAINTENANCE 78700 78700 0 0 57794 57794 6740459 5678186 1016817 45456 -2 1360957 2809634 25000 0 625195 597551 165654 116062 5785238 2638460 3281452 3146778 61915 56827 85583 81263 5605754 6808115 211289 686670 638946 582502 560710 0 1410945 1269172 X 4179018 5523152 15791 15791 4194809 5538943 5605754 6808115 X 1374216 -5082 -25000 X 0 1 X 0 0 X 6758559 6746181 6901606 7778229 8113906 36298481 6758559 6746181 6901606 7778229 8113906 36298481 36298481 6468 24739 12628 7711 775 52321 730 1742 1975 617 5064 36355866 0.99840 0.99820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUES - 2017 AMOUNT: $ 730. 2018 AMOUNT: $ 1,742. 2019 AMOUNT: $ 1,975. 2020 AMOUNT: $ 617. 2021 AMOUNT: $ 0. 217325 217325 3551009 1982234 1568775 235342 122355 112987 600647 512862 87785 1180915 21009 1159906 3146778 8109593 -5082 -5082 8114675 0 8114675 6765459 25000 25000 6740459 0 6740459 PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 1 0 0 0 0 0 0 0 0 0 VERNON BLESSING INTERIM EXETIVE DIRECTOR 112740 0 0 0 0 0 0 0 0 0 112740 0 0 0 MANUEL DURAN FORMER PRESIDENT/EXECUTIVE DIRECTOR(RESIGNATION EFFECTIVE 4/16/2021) AS OF THE DATE OF THIS FILING, THE ORGANIZATION ESTIMATES EXCESS LEASE PAYMENTS BETWEEN $1M-$1.4M, WHICH BENEFITED PARTIES RELATED TO THE ORGANIZATION'S FORMER EXECUTIVE DIRECTOR. THERE MAY BE OTHER DAMAGES NOT YET IDENTIFIED. 1 MAYOYA PROPERTY MANAGEMENT OWNERSHIP INTEREST BY FORMER PRESIDENT/EXECUTIVE DIRECTOR 18000 LEASING OF TWO PROPERTIES FROM REAL ESTATE ENTITY IN WHICH THE FORMER PRESIDENT/EXECUTIVE DIRECTOR HAD A FINANCIAL INTEREST. ALSO, THE ORGANIZATION PAID FOR LEASEHOLD IMPROVEMENTS TO THE PROPERTIES. 0 GLOLUZ REALTY OWNERSHIP INTEREST BY FORMER PRESIDENT/EXECUTIVE DIRECTOR 13872 LEASING OF TWO PROPERTIES FROM REAL ESTATE ENTITY IN WHICH THE FORMER PRESIDENT/EXECUTIVE DIRECTOR HAD A FINANCIAL INTEREST. 0 MARCHEN PROPERTY MANAGEMENT POTENTIAL FINANCIAL INTEREST BY FORMER PRES/EXECUTIVE DIRECTOR 145230 THE ORGANIZATION LEASED MULTIPLE PROPERTIES IN WHICH THE FORMER PRESIDENT/EXECUTIVE DIRECTOR HAD A FINANCIAL INTEREST. 0 FORM 990, PART VI, SECTION A, LINE 2 JAMES COTE AND ALBA ALVAREZ CORE HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY FINANCIAL CONSULTANT WITH PREPARER AND PROVIDED TO THE BOARD PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS'S TAX FILINGS ARE AVAILABLE AT THE MASSACHUSETTS ATTORNEY GENERAL'S DIVISION FOR PUBLIC CHARITIES WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -25,000. FORM 990 GENERAL DISCLOSURE AFTER JUNE 30, 2020, THE COMMONWEALTH OF MASSACHUSETTS ISSUED AN INVESTIGATIVE SUMMONS TO THE ORGANIZATION. AS OF THE FILING DATE, CASA NUEVA VIDA UNDERSTANDS THAT THE INVESTIGATIONS HAVE CONCLUDED, WITH THE FORMER PRESIDENT AND EXECUTIVE DIRECTOR HAVING SETTLED WITH THE STATE OF MASSACHUSETTS. TO THE BEST OF THE ORGANIZATION'S KNOWLEDGE, THE INVESTIGATIONS INVOLVED RELATED PARTY TRANSACTIONS BY AND WITH THE FORMER PRESIDENT AND EXECUTIVE DIRECTOR. THE TRANSACTIONS IN QUESTION SPAN NUMEROUS YEARS, INCLUDING THE FISCAL YEAR 2022. RELATED PARTY TRANSACTIONS AND POTENTIAL RELATED PARTY TRANSACTIONS FOR THE YEAR ENDED JUNE 30, 2022, KNOWN TO THE ORGANIZATION AS OF THE FILING DATE, ARE INCLUDED IN THE RELATED PARTY DISCLOSURE SECTION OF THIS FILING. A RAW ESTIMATE THAT THE POTENTIAL IMPACT ON CASA NUEVA VIDA FOR EXCESS PAYMENTS OF LEASE PROPERTIES RANGES BETWEEN $1M AND $1.4M; THERE MIGHT BE OTHER FINANCIAL DAMAGES NOT IDENTIFIED AT THE TIME OF FILING THIS REPORT. CASA NUEVA VIDA HAS HIRED A NEW INTERIM EXECUTIVE DIRECTOR AND HAS UPDATED AND RESTRUCTURED ITS BOARD OF DIRECTORS. A NEW AUDIT FIRM HAS BEEN ENGAGED TO ENSURE COMPLETE INDEPENDENCE AND AVOID ANY CONFLICT OF INTEREST FOR FISCAL YEAR JUNE 30, 2021. THIS SAME AUDIT FIRM WAS USED FOR THE FISCAL YEAR JUNE 30, 2022. ON NOVEMBER 5TH, 2021, BRANDON GARCIA, IT MANAGER, INFORMED SENIOR MANAGEMENT ABOUT THE EXISTENCE OF A PAYPAL ACCOUNT WITH CASA NUEVA VIDA AS A BENEFICIARY. THE WEBSITE SHOWS MANUEL DURAN, FORMER PRESIDENT/ EXECUTIVE DIRECTOR AS ACCOUNT OWNER. HOWEVER, THE PAYEE ON THE TAX FORMS 1099K TAX (PAYMENT CARD AND THIRD-PARTY NETWORK TRANSACTIONS) AVAILABLE ON THE SITE FOR THE FISCAL YEAR 2019&2020 IS CASA NUEVA VIDA. THE AVAILABLE BALANCE AS OF JANUARY 10, 2022 AMOUNTS TO $10,387.37. THERE ARE NO ACCOUNTING RECORDS IN CNV'S FILES TO TRACE ANY TRANSACTION WITH PAYPAL. WE UNDERSTAND THAT THE ACCOUNT WASN'T REPORTED ON CASA NUEVA VIDA'S 990 FORMS IN PREVIOUS FISCAL YEARS. THE ALL PAYPAL FUNDS WERE TRANSFERRED TO THE CITIZENS BANK ACCOUNT IN MARCH OF 2023. ON APRIL 22, 2022, BRANDON GARCIA, IT MANAGER, INFORMED SENIOR MANAGEMENT ABOUT THE EXISTENCE OF DONOR BOX, A SYSTEM LINKED TO CASA NUEVA VIDA'S WEBSITE FOR THE DONORS TO DEPOSIT THEIR CONTRIBUTIONS. THE STATEMENT SHOWS A GROSS DONATION BALANCE OF $31,795. THE FUNDS WERE COLLECTED THROUGH TWO FUNDRAISING CAMPAIGNS: I) 30TH ANNIVERSARY AND CHRISTMAS PARTY CELEBRATION. II) DONATIONS. WE UNDERSTAND THAT THE ACCOUNT WASN'T REPORTED ON CASA NUEVA VIDA'S 990 FORMS IN PREVIOUS FISCAL YEARS. AT THE TIME OF FILING THIS REPORT, CASA NUEVA VIDA HAS ACCESSED THE PAYPAL ACCOUNT FUNDS AND IS IN THE PROCESS OF ATTEMPTING TO RECONCILE DONATIONS TO DONOR BOX ACCOUNT. FORM 990 GENERAL DISCLOSURE CASA NUEVA VIDA'S CONTRACTS WITH ITS MAIN DONOR, STATE OF MASSACHUSETTS, WAS REVOKED. THE STATE OF MASSACHUSETTS GRANTED THE CONTRACT TO HEADING HOME EFFECTIVE JULY 1, 2022. CASA NUEVA VIDA NO LONGER HAS ANY RELATION TO THE HOMELESS SHELTER ACTIVITIES. FORM 990 GENERAL DISCLOSURE A BOARD MEMBER OF THE ORGANIZATION IS THE BROKER OF RECORD OF THE ORGANIZATION'S 401(K) EMPLOYEE BENEFIT PLAN. THE BOARD MEMBER'S ONLY COMPENSATION UNDER THIS PRIOR ARRANGEMENT WAS A VARIABLE FEE OF .60% TO .80% ON ALL HELD ASSETS OF THE ORGANIZATION'S PLAN. ALL FEES WERE PAID DIRECTLY TO THE BOARD MEMBER'S COMPANY BY THE ORGANIZATION'S PLAN. AS SUCH, AND AS NO FEES WERE PAID DIRECTLY BY THE ORGANIZATION, THERE WERE NO AMOUNTS RECORDED WITHIN THESE FINANCIAL STATEMENTS THAT WERE PAID OR OWED TO THE BOARD MEMBER.