Nonprofit · EIN 87-1585146
NEW REACH LENDING COMPANY
Tax-exempt · NEW HAVEN, CT 06513
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $93,356 | $145,704 | -$52,348 | $268,471 | $262,058 | $6,413 |
| June 30, 2024 | 990-EZ | $60,000 | $57,104 | $2,896 | $85,271 | $26,510 | $58,761 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $89,819
- Program service revenue
- $187
- Investment income
- $3,350
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $16,577
- Other expenses
- $129,127
Balance sheet and other
- Total assets, start of year
- $85,271
- Total assets, end of year
- $268,471
- Total liabilities, end of year
- $262,058
- Net assets, end of year
- $6,413
- Cash, savings and investments
- $252,174
- Gross receipts
- $93,356
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLYANN DAY | BOARD PRESIDENT | 1 | $0 |
| NICOLE BARNOFSKI | BOARD SECRETARY | 1 | $0 |
| JASON MCCONNELL | TREASURER | 1 | $0 |
| ROSE DALEY | DIRECTOR | 1 | $0 |
| AL SMITH | DIRECTOR | 1 | $0 |
990-EZ for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLYANN DAY | BOARD PRESIDENT | 1 | $0 |
| NICOLE BARNOFSKI | BOARD SECRETARY | 1 | $0 |
| JASON MCCONNELL | TREASURER | 1 | $0 |
| MEREDITH DAMBOISE | DIRECTOR | 1 | $0 |
| AL SMITH | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 269 PECK ST, NEW HAVEN, CT 06513-2932
- In care of
- % LISA ASADOURIAN
- Mailing address (990-N for 2022)
- 269 Peck Street, New haven CT 06513
- Principal officer (990-N for 2022)
- Kellyann Day, 269 Peck Street, New Haven CT 06513
- Signed the 990-EZ
- KELLYANN DAY, PRESIDENT
- Phone
- (203) 492-4866
- Website
- HTTPS://NRLENDINGCO.ORG/
- Return prepared by
- ZACKIN ZIMYESKI SULLIVAN CPA LLC
Mission
SEEKS TO INCREASE EQUITY AND FINANCIAL INCLUSION BY OFFERING ACCESS TO CREDIT, LOANS, AND FINANCIAL EDUCATION. THE ORGANIZATION SEEKS TO STRENGTHEN LOW-INCOME, UNDERSERVED PEOPLE AND COMMUNITIES IN CONNECTICUT.
Program accomplishments
- SEEKS TO INCREASE EQUITY AND FINANCIAL INCLUSION BY OFFERING ACCESS TO CREDIT, LOANS, AND FINANCIAL EDUCATION. THE ORGANIZATION SEEKS TO STRENGTHEN LOW-INCOME, UNDERSERVED PEOPLE AND COMMUNITIES IN CONNECTICUT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1585146
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P50)
- Assets (IRS master file)
- $268,471
- Income (IRS master file)
- $93,356
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $93,356 | $145,704 | $268,471 | XML |
| 990-EZ | June 2024 | $60,000 | $57,104 | $85,271 | XML |
| 990-N for 2022 Officer: Kellyann Day | June 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1585146).
Questions about NEW REACH LENDING COMPANY
- What is the EIN of NEW REACH LENDING COMPANY?
- The employer identification number (EIN) of NEW REACH LENDING COMPANY is 87-1585146.
- Is NEW REACH LENDING COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NEW REACH LENDING COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW REACH LENDING COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW REACH LENDING COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW REACH LENDING COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of NEW REACH LENDING COMPANY?
- The 990-N for 2022 names Kellyann Day.
- Who are the officers and directors of NEW REACH LENDING COMPANY?
- The 990-EZ for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does NEW REACH LENDING COMPANY have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $93,356, expenses of $145,704 and total assets of $268,471 at year end.
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