2020-04-06T21:00:05-05:00 2019-06-30 350921680 CROWE LLP 488 Madison Avenue Floor 3 New York NY 100225702 990 2018-07-01 221494428 Bloomfield College BLOO 9737489000 467 Franklin Street Bloomfield NJ 07003 William McDonald VP of Finance and Administration 2020-04-06 true Rachel Spurlock P00520729 2125725500 2018 2020-09-23 17:36:50Z Marcheta Evans 467 Franklin Street Bloomfield NJ 07003 63638119 false X WWW.BLOOMFIELD.EDU X 1868 NJ TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. 37 36 939 35 0 0 5270941 3489864 59750903 55721252 660580 1125781 209277 1007254 65891701 61344151 19852872 19581450 0 25380226 25484004 50302 49843 1046960 19258154 18757073 64541554 63872370 1350147 -2528219 106878683 104114864 41217556 40921366 65661127 63193498 TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. false false 52627815 19581450 55721252 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 2018 student body was approximately 1,685 (graduate & under-graduate) students. The undergraduate student body is 62.4% female, 49.0% African American, 31.1% Hispanic, and 8.7% 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 2018, 598 students resided on campus. In the Fall of 2018, Bloomfield College enrolled 530 new freshman and transfer students; 484 of these new students were full-time traditional undergraduate freshmen. 100% of freshmen and 96% of continuing students receive some form of aid. Aid is distributed as: 71% grants, 21% student loans, 7% parental loans and 1% jobs. A total of 520 enrolled freshmen were judged to have need, and all 520 of these were offered aid. Scholarships available for: academics, athletics, leadership, alumni affiliation, religious affiliation. As of the Fall 2018 the faculty was comprised of 66 full-time professors (25 male, 41 female), plus 139 adjunct professors. The administration and staff (minus faculty) is comprised of 252 full and 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. 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. 52627815 true true false false false false false false true true false false false true true true false true false true false false true true false false false true true false false false false true false false true true false false false false false false false false true 2401 0 true 939 true false false false false false true true true false false false false false X 37 36 false false false false false false false true true false false true true true true true true true true false X CINDY MCDANIEL 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 William H Turner III Chairman 4.0 X X 0 0 0 John J Delucca Vice Chair 2.0 X X 0 0 0 Rosemary Iversen Vice Chair 2.0 X X 0 0 0 Joanne T Marren Esq Secretary 2.0 X X 0 0 0 Richard Levao President (retired 05/31/19) 38.0 X X 452751 0 76212 Marcheta Evans President (begin 06/01/19) 38.0 X X 0 0 0 Jim Axelrod Trustee 1.0 X 0 0 0 Hector O Banegas CTFA Trustee 1.0 X 0 0 0 Melissa Bastan Trustee 1.0 X 0 0 0 Dr Nicholas Carlozzi Trustee 1.0 X 0 0 0 Jacquie Colgan Trustee 2.0 X 0 0 0 Geoffrey M Connor Esq Trustee 2.0 X 0 0 0 Carmen A Corrales Esq Trustee 1.0 X 0 0 0 Brian F Doran Esq Trustee 1.0 X 0 0 0 Vernon M Endo Trustee 2.0 X 0 0 0 Josean Fernandez CAIA Trustee 1.0 X 0 0 0 James R Gillen Trustee 1.0 X 0 0 0 Stephen A Glasser Trustee 2.0 X 0 0 0 Carolyn Glynn Trustee 1.0 X 0 0 0 Sandra L Gonzalez Esq Trustee 1.0 X 0 0 0 Dr Maureen C Grant Trustee 1.0 X 0 0 0 Edward C Heftman Trustee 1.0 X 0 0 0 Nancy L Lane Trustee 2.0 X 0 0 0 Stephanie Lawson-Muhammad Trustee 1.0 X 0 0 0 Craig B Lindsay Trustee 1.0 X 0 0 0 Alisa C Norris Trustee 1.0 X 0 0 0 John G Panagakis CEBS Trustee 1.0 X 0 0 0 Sanford B Prater Trustee 2.0 X 0 0 0 Glenn M Reiter Esq Trustee 2.0 X 0 0 0 Dr Steven M Rose Trustee 1.0 X 0 0 0 Adrian A Shelby LLD Trustee 1.0 X 0 0 0 Larry I Sills Trustee 1.0 X 0 0 0 John Skowronski Trustee 2.0 X 0 0 0 Adebola A Taiwo Trustee 2.0 X 0 0 0 Hank Uberoi Trustee 2.0 X 0 0 0 Nancy H Van Duyne Trustee 1.0 X 0 0 0 Joel M Weiner Trustee 1.0 X 0 0 0 Dr Thomas Wilfrid Trustee 1.0 X 0 0 0 Hannah Richman Trustee (until 10/5/2018) 1.0 X 0 0 0 Peter Jeong VP Global Programs and Professional Studies 38.0 X 397431 0 84253 William McDonald VP Campus Planning / VP Finance & Administration 38.0 X 218685 0 63800 Patrick Lamy VP Student Affairs 38.0 X 155292 0 44355 Tresmaine Grimes VP Academic Affairs 38.0 X 143724 0 45154 Jackie Bartley-Oxley VP Institutional Advancement (through 09/14/2018) 38.0 X 158865 0 24562 Nicole Quinn VP of Institutional Advancement 38.0 X 78203 0 8518 Kevin Cavanaugh VP of Enrollment Management 38.0 X 0 0 0 Ismatt Mikky Professor 38.0 X 129708 0 93318 Neddie Serra Professor 38.0 X 142024 0 29182 Rajesh Mistry Executive Director of Technology & Corporate Training 38.0 X 134636 0 12392 Andrew Gerstmyer Director Enterprise Information Systems 38.0 X 126306 0 17116 Cynthia McDaniel Assistant VP of Finance 38.0 X 124549 0 16015 2262174 0 514877 28 false true false Joseph A Natoli Construction Inc 293 Changebridge Rd Pine Brook NJ 07058 Construction Services 5078836 Gourmet Dining Services 285 Madison Ave Madison NJ 07940 Food service 2216390 Allied Universal Security PO Box 828854 Philadelphia PA 19182 Security Services 376403 Drill Construction 80 Main Street West Orange NJ 07052 Construction 345758 Ellucian Inc 62814 Collections Center Drive Chicago IL 60693 Software Services 270003 14 X 316677 2019226 1153961 192448 3489864 Tuition and Fees 611310 47744248 47744248 AUXILIARY SALES AND SERVICES 611710 7977004 7977004 0 0 0 0 55721252 585444 585444 10995 10995 0 10995 10995 2745345 2205008 540337 0 540337 540337 40132 316677 88960 -48828 -48828 Arbitration Settlement 900099 850000 850000 Parking 611710 53125 53125 Vending 611710 50478 50478 91484 0 0 91484 1045087 61344151 55721252 0 2133035 0 0 19581450 19581450 0 0 0 0 2204138 960313 828526 415299 17950246 14231412 3618882 99952 1282911 1006786 267240 8885 2622548 1947110 625351 50087 1424161 1080390 311037 32734 69346 69346 109890 109890 49843 49843 2778372 1010317 1573343 194712 56928 54213 2715 0 745190 562523 138103 44564 1137984 1045145 83633 9206 2279719 2093735 167542 18442 569214 528171 25342 15701 493201 392489 74832 25880 1435897 1435897 4362682 4006765 320624 35293 425205 122926 302279 Food Service (for students) 1889554 1889554 Bad Debt 752715 750000 2715 Program Review 618609 618609 Other Program Costs 366995 326216 33200 7579 665572 419691 209813 36068 63872370 52627815 10197595 1046960 171771 153168 11891731 11392868 5512192 2250044 858805 709792 0 0 0 378144 632080 121818826 48553665 72315271 73265161 15711789 15672771 0 0 38980 38980 106878683 104114864 2309780 2341483 761974 1076750 0 37225567 36380065 920235 1123068 41217556 40921366 X 48442131 45958550 7335245 7087444 9883751 10147504 65661127 63193498 106878683 104114864 -2528219 60590 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15133518 263753 982083 1404132 698966 20898 14255358 14403500 209470 1082031 375200 163542 22741 15133518 12605067 1360557 1468287 572908 432531 24972 14403500 13062407 155945 -106970 338335 147473 20507 12605067 12437675 751683 361989 322620 144866 21454 13062407 0.0939 0.7118 0.1943 false false 3334050 3334050 100036718 32878895 67157823 2800152 2145074 655078 15046497 13529696 1516801 601409 601409 73265161 ACCRUED RETIREMENT BENEFIT OBLIGATION 572054 CONDITIONAL ASSET RETIREMENT OBLIGATION 243541 CAPITAL LEASE OBLIGATIONS 307473 1123068 X 41912251 60590 0 0 -19581450 -19520860 61433111 0 -88960 -88960 61344151 44379880 88960 88960 44290920 19581450 19581450 63872370 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 FY19 was increased to 9.50% 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, 2019 AND 2018. 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, 2019 AND 2018. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Scholarship Allowances - -19581450 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Fundraising Expenses - -88960 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising Expenses - 88960 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarship Allowances - 19581450 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY 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. East Asia and the Pacific 0 0 Program Services Student recruitment 19682 Middle East and North Africa 0 0 Program Services Humanitarian efforts 9005 Europe (Including Iceland and Greenland) 0 0 Program Services Research 1924 0 0 0 0 0 0 30611 0 30611 false false false false false false X X X X X X X true Ruffalo Noel Levitz LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 FUNDRAISING false 32459 49843 -17384 32459 49843 -17384 NJ 150th Celebration 356809 316677 40132 41800 4236 42924 0 0 356809 316677 40132 41800 4236 42924 88960 -48828 true INSTITUTIONAL TUITION ASSISTANCE 1562 19581450 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. 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. X X true true X X X X false false false false false false false true false Richard Levao President (retired 05/31/19) 312751 0 140000 0 0 0 27500 0 48712 0 528963 0 0 0 Peter Jeong VP Global Programs and Professional Studies 397281 0 0 0 150 0 26000 0 58253 0 481684 0 0 0 William McDonald VP Campus Planning / VP Finance & Administration 218535 0 0 0 150 0 21916 0 41884 0 282485 0 0 0 Patrick Lamy VP Student Affairs 150292 0 5000 0 0 0 15630 0 28725 0 199647 0 0 0 Tresmaine Grimes VP Academic Affairs 143665 0 0 0 59 0 15150 0 30004 0 188878 0 0 0 Jackie Bartley-Oxley VP Institutional Advancement (through 09/14/2018) 158865 0 0 0 0 0 13974 0 10588 0 183427 0 0 0 Ismatt Mikky Professor 129708 0 0 0 0 0 9294 0 84024 0 223026 0 0 0 Neddie Serra Professor 142024 0 0 0 0 0 12262 0 16920 0 171206 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE ORGANIZATION PROVIDES HOUSING FOR THE PRESIDENT AS AGREED UPON IN THEIR CONTRACT, THE COLLEGE REQUIRES THE PRESIDENT TO MAINTAIN A RESIDENCE ON CAMPUS. AS SUCH, THE COLLEGE CONSIDERS THIS TO BE FOR BUSINESS USE AND IS NOT TAXABLE TO THE PRESIDENT. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE ORGANIZATION PROVIDES HEALTH/SOCIAL CLUB DUES FOR THE PRESIDENT FOR USE IN BUSINESS RELATED MEETINGS. AS SUCH, THIS BENEFIT IS NOT TAXABLE TO THE PRESIDENT. Schedule J, Part I, Line 7 Non-fixed payments The President receives a discretionary non-fixed payment determined by the Board. Vice-Presidents may receive a discretionary non-fixed payment determined by the President. See Part V See Part V 59900 Tuition Tuition benefit 2 Broad Street Associates LLC Owned by husband of trustee, Jacquie Colgan 355846 Property Rental false Schedule L, Part III Columns (a) & (b) - Schools 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. X 5 192448 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions 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 these 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 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 2019. 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. This process was last undertaken in 2019 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 other Revenue - Total Revenue: 68223, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 68223; Rebate Revenue - Total Revenue: 23261, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 23261; Form 990, Part X, Column (A) Beginning of Year Balance Sheet Amounts Certain prior year amounts have been reclassified to conform to the current year presentation on the financial statements. The reclassification has no effect on total net assets or the change in net assets.