2016-11-11T15:31:13-06:00 2016-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-07-01 133116643 EUGENIO MARIA DE HOSTOS COMMUNITY COLLEGE FOUNDATION EUGE 7185186500 500 GRAND CONCOURSE BRONX NY 10451 DAVID GOMEZ PRESIDENT 7185186500 2016-11-10 1 GARRETT M HIGGINS P00543209 2128678000 2016-11-10 2015 2017-02-10 21:41:12Z DAVID GOMEZ 500 GRAND CONCOURSE BRONX NY 10451 1108526 0 X WWW.HOSTOS.CUNY.EDU X FDTN. 1981 NY TO SUPPORT AND ADVANCE THE EDUCATIONAL AND RESEARCH ACTIVITIES OF HOSTOS COMMUNITY COLLEGE. 24 22 0 26 0 0 1243189 1058071 0 0 9439 9418 -171585 -68265 1081043 999224 891827 799610 0 0 0 0 0 0 0 35332 32656 927159 832266 153884 166958 1820497 1968192 101757 52176 1718740 1916016 TO SUPPORT AND ADVANCE THE EDUCATION AND RESEARCH ACTIVITIES OF HOSTOS COMMUNITY COLLEGE. 0 0 799610 799610 FUNDRAISING FOR THE HOSTOS COMMUNITY COLLEGE SCHOLARSHIP FUND AND TUITION ASSISTANCE FOR STUDENTS ATTENDING HOSTOS COMMUNITY COLLEGE. 799610 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 0 0 0 0 0 0 1 1 0 0 0 0 X 24 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CT FL MA NJ NY X X KENNETH ACQUAH 7185184369 500 GRAND CONCOURSE BRONX NY 10451 JOSE A SANCHEZ-KINGHORN CHAIRPERSON 1.00 X X 0 0 0 DOLORES BATISTA VICE CHAIRPERSON 1.00 X X 0 0 0 CAROLYN MCLAUGHLIN SECRETARY 1.00 X X 0 0 0 DUDLEY N WILLIAMS JR TREASURER 1.00 X X 0 0 0 CIRA ANGELES BOARD MEMBER 1.00 X 0 0 0 JORGE L AYALA BOARD MEMBER 1.00 X 0 0 0 NANCY E BIBERMAN BOARD MEMBER 1.00 X 0 0 0 ELBA CABRERA BOARD MEMBER 1.00 X 0 0 0 MICHAEL S FASSLER BOARD MEMBER 1.00 X 0 0 0 SALOME GALIB BOARD MEMBER 1.00 X 0 0 0 ROBERTO S GARCIA BOARD MEMBER 1.00 X 0 0 0 APRIL HORTON BOARD MEMBER 1.00 X 0 0 0 ROBERT C MORGAN BOARD MEMBER 1.00 X 0 0 0 TIMOTHY G NOBLE BOARD MEMBER 1.00 X 0 0 0 JIMMY QUAN BOARD MEMBER 1.00 X 0 0 0 SAL RAJPUT BOARD MEMBER 1.00 X 0 0 0 EDWIN RIVERA-SEARLES BOARD MEMBER 1.00 X 0 0 0 CARMEN VEGA-RIVERA BOARD MEMBER 1.00 X 0 0 0 WILLIAM AQUADO BOARD MEMBER 1.00 X 0 0 0 LUIS CANELA BOARD MEMBER 1.00 X 0 0 0 WILLIAM SCRIBNER BOARD MEMBER 1.00 X 0 0 0 JOHN MACELWEE BOARD MEMBER 1.00 X 0 0 0 DOLLY MARTINEZ BOARD MEMBER 1.00 40.00 X 0 153065 40051 ESTHER RODRIQUEZ-CHARDAVOYNE BOARD MEMBER 1.00 40.00 X 0 189418 46612 PAUL MALONEY BOARD MEMBER (THRU 05/2016) 1.00 X 0 0 0 ANA M CARRION-SILVA BOARD MEMBER (THRU 10/2015) 1.00 40.00 X 0 141611 4248 DAVID GOMEZ PRESIDENT OF COLLEGE 1.00 40.00 X 0 271120 44036 VIRGINIA ALMENDAREZ ASSISTANT VICE PRESIDENT 1.00 40.00 X 0 100942 11034 0 856156 145981 0 0 1 0 0 194897 863174 5221 1058071 4187 4187 5231 0 5231 5231 5231 35542 194897 107297 -71755 -71755 5495 2005 3490 3490 999224 0 0 -58847 799610 799610 12230 12230 12297 12297 8129 8129 832266 799610 32656 0 822664 1052293 50000 100456 55186 76789 9091 209759 202927 610829 598695 1820497 1968192 76757 26576 25000 25600 101757 52176 X 250706 109065 1468034 1806951 1718740 1916016 1820497 1968192 X 166958 -28384 58702 X X 0 1 X 1 0 X 295634 706796 1136995 1234379 1058071 4431875 19150 96719 94338 132534 161351 504092 314784 803515 1231333 1366913 1219422 4935967 962156 3973811 8212 10119 6531 9439 4187 38488 3490 3490 53251 53251 5031196 0.78980 0.80110 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2011 AMOUNT: $ 53,251. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 COMMINGLED FUNDS 458210 F HEDGE FUNDS 95318 F VARIABLE ANNUITY FUNDS 42970 F PRIVATE EQUITY FUNDS 2197 F 598695 X 1241493 -28384 161351 109302 242269 999224 0 999224 1111729 161351 118112 279463 832266 0 832266 PART X, LINE 2: THE FOUNDATION RECOGNIZES A TAX BENEFIT FROM AN UNCERTAIN POSITION IN ITS FINANCIAL STATEMENTS ONLY IF IT IS MORE-LIKELY-THAN-NOT (I.E., A LIKLIHOOD OF MORE THAN 50%) THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT BELIEVES THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2016. THE FOUNDATION'S TAX RETURNS FOR ALL YEARS SINCE 2013 REMAIN OPEN TO EXAMINATION BY THE RESPECTIVE TAXING AUTHORITIES. THERE ARE CURRENTLY NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE REPORT ON PART VIII, LINE 8B 109,302. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSE REPORT ON PART VIII, LINE 8B 109,302. BAD DEBT EXPENSE 8,810. GALA 158013 149667 8346 49820 18614 7790 GOLF OUTING 72426 45230 27196 18967 34 12072 230439 194897 35542 68787 34 18614 19862 107297 -71755 1 SCHOLARSHIPS 562 799610 PART I, LINE 2: GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS, AND ACADEMIC PERFORMANCE REQUIREMENTS ARE MONITORED THROUGH THE COLLEGE. STUDENTS SUBMIT APPLICATIONS TO THE HOSTOS SINGLE STOP SERVICE CENTER (A DEPARTMENT WITHIN STUDENT DEVELOPMENT AND ENROLLMENT MANAGEMENT) AND GET APPROVED BY THE CENTER TO RECEIVE ASSISTANCE TO COVER A PORTION OF THEIR TUITION. A LIST WITH TUITION AMOUNTS FOR STUDENTS IS FORWARDED TO FINANCIAL AID OFFICE STAFF TO SEE STUDENTS REVIVE ANY FINANCIAL AID PROCESSES AND DETERMINE IF THEY REQUIRE FINANIAL NEED BASED ASSISTANCE. THE HOSTOS SINGLE STOP SERVICE CENTER WILL EMAIL KEN ACQUAH, THE BUSINESS MANAGER, TO AUTHORIZE FUNDS TO BE TRANSFERRED TO THE STUDENTS' TUITION ACCOUNT TO OFFSET THOSE STUDENTS' OUTSTANDING TUITIONS. STUDENTS WHO DO NOT HAVE ANY TUITION AND FEES OUTSTANDING WILL RECEIVE A CHECK. 0 0 0 0 0 0 0 0 0 DOLLY MARTINEZ BOARD MEMBER 0 153065 0 0 0 0 0 31653 0 8398 0 193116 0 0 ESTHER RODRIQUEZ-CHARDAVOYNE BOARD MEMBER 0 189418 0 0 0 0 0 16820 0 29792 0 236030 0 0 DAVID GOMEZ PRESIDENT OF COLLEGE 0 271120 0 0 0 0 0 24000 0 20036 0 315156 0 0 FORM 990, PART VI, SECTION B, LINE 11 EUGENIO MARIA DE HOSTOS COMMUNITY COLLEGE FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE SVP OF FINANCE & ADMINISTRATION AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST WITH THE GOVERNING BOARD. AFTER DISCLOSURE, AN INVESTIGATION IS HELD DURING WHICH THE INDIVIDUAL MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. SUCH MATTERS INVOLVING THE EXISTENCE OF CONFLICTS OF INTEREST ARE TO BE DOCUMENTED IN THE MINUTES OF THE GOVERNING BOARD. ON AN ANNUAL BASIS, EACH BOARD MEMBER AND OFFICER IS REQUIRED TO SIGN A STATEMENT WHICH AFFIRMS THAT THEY RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST IN THE BUSINESS OFFICE AND LIBRARY AT 500 GRAND COUNCOURSE, BRONX, NY 10451...OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 518-6500. FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -8,810. TRANSFERS FROM HOSTOS COMMUNITY COLLEGE EXCHANGE ACCOUNT 91,661. TRANSFER TO HOSTOS COMMUNITY COLLEGE AUXILIARY ENTERPRISES CORPORATION -24,149. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HOSTOS COMMUNITY COLLEGE-CUNY 500 GRAND CONCOURSE BRONX NY 10451 136400434 EDUCATION NY N/A 0 HOSTOS COMMUNITY COLLEGE CHILDRENS CENTER 500 GRAND CONCOURSE BRONX NY 10451 134115114 CHILD CARE NY 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1