BLOOMFIELD COLLEGE: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- BLOOMFIELD COLLEGE (EIN 22-1494428)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-20
- IRS object ID
- 202231109349300813
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-20T10:00:22-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 485 Lexington Avenue Floor 11 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221494428 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bloomfield College | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BLOO | BusinessNameControlTxt |
| Phone | 9737489000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 Franklin Street | AddressLine1Txt |
| City | Bloomfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07003 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Cindy McDaniel | PersonNm |
| Person Title | Interim VP of Finance and Admin. | PersonTitleTxt |
| Signature | 2022-04-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Cindy | PersonFirstNm |
| Person Last | McDaniel | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rachel Spurlock | PreparerPersonNm |
| PTIN | P00520729 | PTIN |
| Phone | 2125725500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Marcheta Evans | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 Franklin Street | AddressLine1Txt |
| City | Bloomfield | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $68,254,020 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BLOOMFIELD.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1868 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 25 | VotingMembersIndependentCnt |
| Total Employee | 667 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,219,038 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,248,768 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $53,686,043 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,214,627 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,875,623 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,067,091 | CYInvestmentIncomeAmt |
| PY Other Revenue | $144,467 | PYOtherRevenueAmt |
| CY Other Revenue | $75,712 | CYOtherRevenueAmt |
| PY Total Revenue | $59,925,171 | PYTotalRevenueAmt |
| CY Total Revenue | $66,606,198 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,399,663 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,839,151 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $24,421,102 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $26,282,133 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $34,027 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $17,563 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $911,775 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $17,100,485 | PYOtherExpensesAmt |
| CY Other Expenses | $16,998,016 | CYOtherExpensesAmt |
| PY Total Expenses | $61,955,277 | PYTotalExpensesAmt |
| CY Total Expenses | $67,136,863 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,030,106 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$530,665 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $104,842,913 | TotalAssetsBOYAmt |
| Total Assets EOY | $100,435,671 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,033,607 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,822,692 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $60,809,306 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $62,612,979 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $53,804,066 | ExpenseAmt |
| Grant | $23,839,151 | GrantAmt |
| Revenue | $46,214,627 | RevenueAmt |
| Desc | BLOOMFIELD COLLEGE IS AN INDEPENDENT COLLEGE HISTORICALLY RELATED TO THE PRESBYTERIAN CHURCH (U.S.A.). LOCATED IN THE NEW JERSEY-NEW YORK METROPOLITAN REGION, THE COLLEGE OFFERS ACADEMIC PROGRAMS LEADING TO THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES AND MASTERS IN ACCOUNTING, FINE ARTS AND EDUCATION. The mission of Bloomfield college is: to prepare students to attain academic, personal and professional excellence in a multicultural and global society. Programs of study are rooted in the liberal arts, and assist students in obtaining the skills, knowledge, and values they need to become empowered individuals engaged in renewing themselves, their relationships, their workplaces, and their communities. The Fall 2020 student body was approximately 1,533 (graduate & under-graduate) students. The undergraduate student body is 62.6% female, 50.7% African American, 31.2% Hispanic, and 8.0% White. Many Bloomfield College students are first generation college students, or are professionals seeking to keep pace with a changing market place. As of the Fall 2020, 373 students resided on campus. In the Fall of 2020, Bloomfield College enrolled 477 new freshman and transfer students; 353 of these new students were full-time traditional undergraduate freshmen. 95% OF FRESHMEN AND 98% OF CONTINUING STUDENTS RECEIVED SOME FORM OF AID. AID IS DISTRIBUTED AS: 96.6% SCHOLARSHIPS AND GRANTS, 67.6% STUDENT LOANS, 10.1% PARENTAL LOANS AND 4.3% JOBS. A TOTAL OF 353 ENROLLED FRESHMEN WERE JUDGED TO HAVE NEED, AND ALL 353 OF THESE WERE OFFERED AID. As of the Fall 2020 the faculty comprised of 49 full time professors (22 male and 27 female) plus 130 adjunct professors. The administration and staff (minus faculty) is comprised of 131 full-time and 39 part-time employees. Many of the faculty and administration are national leaders in scholarship, developing innovative ways to meet the intellectual, social and demographic changes in society. Bloomfield college offers over 60 majors and areas of concentration as well as other special learning opportunities such as honors programs and study abroad. Study abroad did not take place during fiscal year 2021 due to the COVID-19 pandemic. In addition to the undergraduate curriculum, we also have a large non-credit continuing education program with our office of international training and professional studies (ITPS). ITPS offers online certificate programs for the career oriented student. They also have customized corporate courses. The American language center has year round ESL classes for those looking to improve their English skills. in addition, they are linked globally with many schools and universities for training of international students in English, nursing, education, hospitality, and other fields of study. The ITPS program did not run during fiscal year 2021 due to the COVID-19 pandemic. | Desc |
| Total Program Service Expenses | $53,804,066 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2044 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 667 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 25 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY MCDANIEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9737489000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 467 FRANKLIN STREET | AddressLine1Txt |
| City | BLOOMFIELD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07003 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| Dr Marcheta Evans | ||||||||
| President | 38.0 | Yes (X) | Yes (X) | $407,964 | $0 | $22,387 | ||
| Joanne T Marren Esq | ||||||||
| Secretary | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| John J Delucca | ||||||||
| Vice Chair | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| William H Turner III | ||||||||
| Chairman | 5.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Adebola A Taiwo | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Adrian A Shelby LLD | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Alisa C Norris | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Brian F Doran Esq | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Craig B Lindsay | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Maureen C Grant | ||||||||
| Trustee/Former VP Academic Affairs | 2.0 | Yes (X) | $52,024 | $0 | $0 | |||
| Dr Nicholas Carlozzi | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Steven M Rose | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward C Heftman | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Glenn M Reiter Esq | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Hank Uberoi | ||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Hector O Banegas CTFA | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jacquie Colgan | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Jim Axelrod | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| John G Panagakis CEBS | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Jonathan B Simon | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Larry I Sills | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Mary DeLamielleure | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Melissa Bastan | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Sandra L Gonzalez Esq | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Sanford B Prater | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephanie Lawson-Muhammad | ||||||||
| Trustee | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephen A Glasser | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Vernon M Endo | ||||||||
| Trustee | 5.0 | Yes (X) | $0 | $0 | $0 | |||
| Kevin Cavanagh | ||||||||
| VP of Enrollment Management | 38.0 | Yes (X) | $193,824 | $0 | $13,672 | |||
| Michael Palladino | ||||||||
| VP Academic Affairs | 38.0 | Yes (X) | $129,963 | $0 | $34,127 | |||
| Patrick Lamy | ||||||||
| VP Student Affairs | 38.0 | Yes (X) | $159,503 | $0 | $38,264 | |||
| Sarah Lacz | ||||||||
| VP of Institutional Advancement | 38.0 | Yes (X) | $139,966 | $0 | $12,144 | |||
| William McDonald | ||||||||
| VP Finance & Administration (until 6/30/2021) | 38.0 | Yes (X) | $215,000 | $0 | $57,353 | |||
| Andrew Gerstmyer | ||||||||
| Director Enterprise Information Systems | 38.0 | $124,818 | $0 | $13,852 | Yes (X) | |||
| Cynthia McDaniel | ||||||||
| Assistant VP of Finance | 38.0 | $122,448 | $0 | $58,860 | Yes (X) | |||
| Ismatt Mikky | ||||||||
| Professor | 38.0 | $146,237 | $0 | $124,072 | Yes (X) | |||
| James Murphy | ||||||||
| Professor | 38.0 | $121,075 | $0 | $45,755 | Yes (X) | |||
| Rajesh Mistry | ||||||||
| Associate Director ITPS | 38.0 | $134,064 | $0 | $6,560 | Yes (X) | |||
| Nicole Quinn | ||||||||
| Former VP of Institutional Advancement | 38.0 | $101,700 | $0 | $6,098 | Yes (X) | |||
| Peter Jeong | ||||||||
| Former Officer | 0.0 | $442,732 | $0 | $40,630 | Yes (X) | |||
| Richard Levao | ||||||||
| Former President | 0.0 | $129,540 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,620,858 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $473,774 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 45 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Gourmet Dining Services | |||||
| 285 Madison Ave | Madison | NJ | 07940 | Food service | $1,296,547 |
| Ellucian Company LP | |||||
| 62578 Collections Center Drive | Chicago | IL | 60693 | Software Services | $300,634 |
| Allied Universal Security Service | |||||
| PO Box 828854 | Philadelphia | PA | 19182 | Security Services | $287,615 |
| Joseph A Natoli Construction Inc | |||||
| 293 Changebridge Rd | Pine Brook | NJ | 07058 | Construction Services | $229,509 |
| Stoddart Associates Inc | |||||
| 54 Oak Grove Rd | Caldwell | NJ | 07006 | Construction & Design Services | $191,319 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $17,728,572 | GovernmentGrantsAmt |
| All Other Contributions | $1,520,196 | AllOtherContributionsAmt |
| Noncash Contributions | $360,230 | NoncashContributionsAmt |
| Total Contributions | $19,248,768 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and Fees | 611310 | $41,978,947 | $41,978,947 |
| AUXILIARY SALES AND SERVICES | 611710 | $4,235,680 | $4,235,680 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,214,627 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $412,633 | TotalRevenueColumnAmt |
| Exclusion | $412,633 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,467 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $8,467 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,467 | TotalRevenueColumnAmt |
| Exclusion | $8,467 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,302,280 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,647,822 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $654,458 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $654,458 | TotalRevenueColumnAmt |
| Exclusion | $654,458 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Parking | 611710 | $11,525 | $11,525 |
| AP Vendor Rebate | 900099 | $8,341 | $8,341 |
| Vending | 611710 | $7,862 | $7,862 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,517 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $39,517 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $67,245 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $66,606,198 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,214,627 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,142,803 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,839,151 | TotalAmt |
| Program Services | $23,839,151 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,208,196 | TotalAmt |
| Program Services | $834,496 | ProgramServicesAmt |
| Management And General | $955,517 | ManagementAndGeneralAmt |
| Fundraising | $418,182 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,344,554 | TotalAmt |
| Program Services | $12,944,847 | ProgramServicesAmt |
| Management And General | $5,250,346 | ManagementAndGeneralAmt |
| Fundraising | $149,361 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,516,744 | TotalAmt |
| Program Services | $1,057,782 | ProgramServicesAmt |
| Management And General | $446,268 | ManagementAndGeneralAmt |
| Fundraising | $12,694 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,502,632 | TotalAmt |
| Program Services | $1,882,234 | ProgramServicesAmt |
| Management And General | $537,794 | ManagementAndGeneralAmt |
| Fundraising | $82,604 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,710,007 | TotalAmt |
| Program Services | $1,151,956 | ProgramServicesAmt |
| Management And General | $515,009 | ManagementAndGeneralAmt |
| Fundraising | $43,042 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,047 | TotalAmt |
| Management And General | $332,047 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,115 | TotalAmt |
| Management And General | $139,115 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,563 | TotalAmt |
| Fundraising | $17,563 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,093,957 | TotalAmt |
| Program Services | $1,530,675 | ProgramServicesAmt |
| Management And General | $1,495,994 | ManagementAndGeneralAmt |
| Fundraising | $67,288 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,144 | TotalAmt |
| Program Services | $19,134 | ProgramServicesAmt |
| Management And General | $3,010 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $714,261 | TotalAmt |
| Program Services | $446,194 | ProgramServicesAmt |
| Management And General | $238,305 | ManagementAndGeneralAmt |
| Fundraising | $29,762 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $761,461 | TotalAmt |
| Program Services | $699,540 | ProgramServicesAmt |
| Management And General | $54,396 | ManagementAndGeneralAmt |
| Fundraising | $7,525 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,145,419 | TotalAmt |
| Program Services | $1,925,951 | ProgramServicesAmt |
| Management And General | $198,751 | ManagementAndGeneralAmt |
| Fundraising | $20,717 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,509 | TotalAmt |
| Program Services | $58,657 | ProgramServicesAmt |
| Management And General | $852 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,850 | TotalAmt |
| Program Services | $140,696 | ProgramServicesAmt |
| Management And General | $41,805 | ManagementAndGeneralAmt |
| Fundraising | $1,349 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,340,600 | TotalAmt |
| Management And General | $1,340,600 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,014,936 | TotalAmt |
| Program Services | $3,688,448 | ProgramServicesAmt |
| Management And General | $286,812 | ManagementAndGeneralAmt |
| Fundraising | $39,676 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,885 | TotalAmt |
| Program Services | $178,123 | ProgramServicesAmt |
| Management And General | $381,762 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| Food Service (for students) | $1,055,450 | $1,055,450 | ||
| Bad Debt | $1,721,755 | $1,715,364 | $6,391 | |
| Other Program Costs | $241,449 | $231,099 | $600 | $9,750 |
| Membership & Dues | $232,612 | $73,576 | $14,652 | $144,384 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,566 | TotalAmt |
| Program Services | $330,693 | ProgramServicesAmt |
| Management And General | $48,504 | ManagementAndGeneralAmt |
| Fundraising | $369 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,136,863 | TotalAmt |
| Program Services | $53,804,066 | ProgramServicesAmt |
| Management And General | $12,421,021 | ManagementAndGeneralAmt |
| Fundraising | $911,775 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $221,190 | BOYAmt |
| EOY | $426,280 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,182,506 | BOYAmt |
| EOY | $14,648,504 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,149,009 | BOYAmt |
| EOY | $748,108 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595,680 | BOYAmt |
| EOY | $288,822 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $775,929 | BOYAmt |
| EOY | $491,521 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $122,508,980 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $56,785,081 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,565,750 | BOYAmt |
| EOY | $65,723,899 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,313,869 | BOYAmt |
| EOY | $18,108,537 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,980 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,842,913 | BOYAmt |
| EOY | $100,435,671 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,308,383 | BOYAmt |
| EOY | $2,649,210 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,094 | BOYAmt |
| EOY | $475,658 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,693,504 | BOYAmt |
| EOY | $33,964,550 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,384,749 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,001,877 | BOYAmt |
| EOY | $733,274 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,033,607 | BOYAmt |
| EOY | $37,822,692 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,516,770 | BOYAmt |
| EOY | $43,933,052 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,292,536 | BOYAmt |
| EOY | $18,679,927 | EOYAmt |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,809,306 | BOYAmt |
| EOY | $62,612,979 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,842,913 | BOYAmt |
| EOY | $100,435,671 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$530,665 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,334,338 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,209,684 | BeginningYearBalanceAmt |
| Contributions | $555,054 | ContributionsAmt |
| Investment Earnings Or Losses | $3,372,312 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $720,240 | GrantsOrScholarshipsAmt |
| Other Expenditures | $368,239 | OtherExpendituresAmt |
| Administrative Expenses | $28,919 | AdministrativeExpensesAmt |
| End Year Balance | $17,019,652 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,255,359 | BeginningYearBalanceAmt |
| Contributions | $195,450 | ContributionsAmt |
| Investment Earnings Or Losses | $889,779 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $727,608 | GrantsOrScholarshipsAmt |
| Other Expenditures | $376,165 | OtherExpendituresAmt |
| Administrative Expenses | $27,131 | AdministrativeExpensesAmt |
| End Year Balance | $14,209,684 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,133,519 | BeginningYearBalanceAmt |
| Contributions | $263,753 | ContributionsAmt |
| Investment Earnings Or Losses | $982,083 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,404,132 | GrantsOrScholarshipsAmt |
| Other Expenditures | $698,966 | OtherExpendituresAmt |
| Administrative Expenses | $20,898 | AdministrativeExpensesAmt |
| End Year Balance | $14,255,359 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $14,403,501 | BeginningYearBalanceAmt |
| Contributions | $209,470 | ContributionsAmt |
| Investment Earnings Or Losses | $1,082,031 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $375,200 | GrantsOrScholarshipsAmt |
| Other Expenditures | $163,542 | OtherExpendituresAmt |
| Administrative Expenses | $22,741 | AdministrativeExpensesAmt |
| End Year Balance | $15,133,519 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,605,067 | BeginningYearBalanceAmt |
| Contributions | $1,360,557 | ContributionsAmt |
| Investment Earnings Or Losses | $1,468,287 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $572,908 | GrantsOrScholarshipsAmt |
| Other Expenditures | $432,531 | OtherExpendituresAmt |
| Administrative Expenses | $24,971 | AdministrativeExpensesAmt |
| End Year Balance | $14,403,501 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0906 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.64 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.2694 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,327,045 | OtherCostOrOtherBasisAmt |
| Book Value | $3,327,045 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,083,046 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,558,536 | DepreciationAmt |
| Book Value | $61,524,510 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,800,152 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,531,818 | DepreciationAmt |
| Book Value | $268,334 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,277,555 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,694,727 | DepreciationAmt |
| Book Value | $582,828 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,182 | OtherCostOrOtherBasisAmt |
| Book Value | $21,182 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,723,899 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED RETIREMENT BENEFIT OBLIGATION | $396,030 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $243,541 |
| CAPITAL LEASE OBLIGATIONS | $93,703 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $733,274 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $51,636,791 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,334,338 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$17,303,745 | OtherRevenueAmt |
| Revenue Not Reported | -$14,969,407 | RevenueNotReportedAmt |
| Revenue Subtotal | $66,606,198 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $66,606,198 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,833,118 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,833,118 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $17,303,745 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $17,303,745 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $67,136,863 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part IV, Line 1a Prior Period Change | There was a prior period adjustment of $1 to the beginning endowment balance for FY18. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The endowment consists of approximately 100 individual funds established for a variety of purposes (scholarships and program support). It includes both donor-restricted funds and funds designated by the Board of Trustees to function as endowments. The College has adopted investment and spending policies for endowment assets that provide a predictable stream of funding to programs supported by its endowment funds while also maintaining the purchasing power of those endowment assets over the long-term. The College has a policy of appropriating for distribution each year 4% of its endowment fund's average fair value of the average of the prior twelve quarters preceding the fiscal year in which the distribution is planned. The payout for FY21 was increased to 7.0% |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2021 AND 2020. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Scholarship Allowances - -17303745 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | Scholarship Allowances - 17303745 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | THE COLLEGE'S NONDISCRIMINATORY POLICY IS POSTED ON OUR WEB SITE. IN ADDITION, DURING THE REGISTRATION PERIOD, THE NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE COURSE OFFERING CATALOG (PAGE 2) WHICH IS GIVEN TO EVERY STUDENT. WHEN RECRUITING STUDENTS THROUGH THE MAIL, ALL SOLICITATION MATERIALS ALWAYS CONTAIN THE NONDISCRIMINATORY POLICY. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | The Coronavirus Aid, Relief, and Economic Security (CARES) Act included the Higher Education Emergency Relief Fund that provided emergency funding to higher education. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pledgemine | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4630 Warren Pkwy | AddressLine1Txt |
| City | Warrenville | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60555 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $27,103 | GrossReceiptsAmt |
| Retained By Contractor | $17,563 | RetainedByContractorAmt |
| Net To Organization | $9,540 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $27,103 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $17,563 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $9,540 | TotalNetToOrganizationAmt |
| Licensed States | NJ | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Event1 | $0 | GrossRevenueEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Revenue Total Events | $0 | GrossRevenueTotalEventsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses | FormAndLineReferenceDesc |
| Explanation | PLEDGEMINE-VENDOR INVOICES SEPARATELY FOR SERVICES AND MAIL EXPENSES; | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL TUITION ASSISTANCE | 1404 | $17,303,745 |
| INSTITUTIONAL TUITION ASSISTANCE - HEERF ACT FUNDING | 1434 | $6,535,406 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ISSUES GRANTS TO QUALIFIED INDIVIDUALS. THE GRANT FUNDS ARE THEN USED DIRECTLY AGAINST THE STUDENT'S ACCOUNT AS PAYMENT TOWARDS HIS OR HER COLLEGE EDUCATION. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Marcheta Evans | ||||||||||||||
| President | $315,000 | $0 | $0 | $0 | $92,964 | $0 | $15,750 | $0 | $6,637 | $0 | $430,351 | $0 | $0 | $0 |
| William McDonald | ||||||||||||||
| VP Finance & Administration (until 6/30/2021) | $214,850 | $0 | $0 | $0 | $150 | $0 | $11,288 | $0 | $46,065 | $0 | $272,353 | $0 | $0 | $0 |
| Patrick Lamy | ||||||||||||||
| VP Student Affairs | $159,503 | $0 | $0 | $0 | $0 | $0 | $8,306 | $0 | $29,958 | $0 | $197,767 | $0 | $0 | $0 |
| Kevin Cavanagh | ||||||||||||||
| VP of Enrollment Management | $193,824 | $0 | $0 | $0 | $0 | $0 | $9,691 | $0 | $3,981 | $0 | $207,496 | $0 | $0 | $0 |
| Sarah Lacz | ||||||||||||||
| VP of Institutional Advancement | $139,966 | $0 | $0 | $0 | $0 | $0 | $1,500 | $0 | $10,644 | $0 | $152,110 | $0 | $0 | $0 |
| Michael Palladino | ||||||||||||||
| VP Academic Affairs | $129,952 | $0 | $0 | $0 | $11 | $0 | $0 | $0 | $34,127 | $0 | $164,090 | $0 | $0 | $0 |
| Ismatt Mikky | ||||||||||||||
| Professor | $146,237 | $0 | $0 | $0 | $0 | $0 | $4,782 | $0 | $119,290 | $0 | $270,309 | $0 | $0 | $0 |
| Cynthia McDaniel | ||||||||||||||
| Assistant VP of Finance | $122,448 | $0 | $0 | $0 | $0 | $0 | $6,242 | $0 | $52,618 | $0 | $181,308 | $0 | $0 | $0 |
| James Murphy | ||||||||||||||
| Professor | $121,075 | $0 | $0 | $0 | $0 | $0 | $4,930 | $0 | $40,825 | $0 | $166,830 | $0 | $0 | $0 |
| Peter Jeong | ||||||||||||||
| Former Officer | $199,881 | $0 | $0 | $0 | $242,851 | $0 | $19,083 | $0 | $21,547 | $0 | $483,362 | $0 | $0 | $0 |
| Nicole Quinn | ||||||||||||||
| Former VP of Institutional Advancement | $101,700 | $0 | $0 | $0 | $0 | $0 | $3,946 | $0 | $2,152 | $0 | $107,798 | $0 | $0 | $0 |
| Richard Levao | ||||||||||||||
| Former President | $0 | $0 | $0 | $0 | $129,540 | $0 | $0 | $0 | $0 | $0 | $129,540 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | EFFECTIVE 08/01/2019, THE COLLEGE NO LONGER REQUIRES THE PRESIDENT TO MAINTAIN RESIDENCE ON CAMPUS. THE PRESIDENT'S COMPENSATION PACKAGE INCLUDES A TAXABLE HOUSING ALLOWANCE. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | THE FOLLOWING PEOPLE RECEIVED SEVERANCE PAYMENTS IN 2020: PETER JEONG - $242,788 RICHARD LEVAO - $129,540 |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Part V | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | See Part V | RelationshipWithOrgTxt |
| Cash Grant | $8,944 | CashGrantAmt |
| Type Of Assistance | Tuition | TypeOfAssistanceTxt |
| Assistance Purpose | Benefit of employment | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 2 Broad Street Associates LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | Owned by husband of trustee, Jacquie Colgan | RelationshipDescriptionTxt |
| Transaction | $306,963 | TransactionAmt |
| Transaction | Property Rental | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part III Columns (a) & (b) - Schools | FormAndLineReferenceDesc |
| Explanation | Colleges aren't required to identify interested persons to whom they provided scholarships, fellowships, and similar financial assistance. In accordance with the instructions, these fields have been left blank. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $360,230 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - Number of contributions | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The Executive Committee shall consist of all officers of the Board of Trustees and Chairpersons of all standing committees. When the Chairperson of a standing committee is unable to attend an Executive Committee meeting, the Vice Chairperson of that standing committee, who may attend in the Chairperson's place, shall have for that meeting all of the powers of an Executive Committee member and shall be counted for the purpose of establishing a quorum. The President of the College shall serve as an ex officio member with vote. During the period between meetings of the Board of Trustees, this committee shall exercise all of the powers of the Board of Trustees at such time as the Board is not in session except to elect members of the Board, amend the Bylaws, remove from office, or any other matters specifically reserved to itself by the Board. It shall report all action at the next regular meeting of the Board of Trustees. This committee shall be responsible for long range planning policies for the College and for including in this process the various constituencies of the College; and shall cause periodic management review to assure efficient and effective policy implementation, good administrative practice and open communication throughout the academic community. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The Interim Vice President of Finance and Administration will review a complete copy of the Form 990 with the Board of trustees prior to filing with the IRS. management and the organization's tax consultants will also present a complete copy of the Form 990 to the Audit Committee for its review before filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | Under Chapter II, Article G of the College bylaws the Board of Trustees are covered by the conflict of interest policy. In general a conflict can occur in two cases. First, if there is an existing or potential financial or other interest that impairs or appears to impair the trustees independent unbiased judgment. Second, if a family member or organization in which the Trustee has a controlling interest has an relationship with the College that would impair the unbiased and independent judgment of the trustee. Conflicts would be reviewed by the Board of Trustees. There is a required recusal from voting in which a conflict occurs. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | Compensation for the President is reviewed by the Compensation Committee and also reviewed by the Board in closed session. The College prepares a study of comparable positions based on data obtained by the College and University Personnel Association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2021. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | Compensation for the Officers is reviewed by the President, Board of Trustees Chairman and the Executive Committee. The College prepares a study of comparable positions based on data obtained by the College and University Personnel Association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2021. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Spiritwear - Total Revenue: 6119, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6119; Misc - Total Revenue: 33398, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 33398; |