2012-11-14T12:48:54-06:00 2011-12-31 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 070681739 990 2011-01-01 223448677 SUSSEX EDUCATIONAL FOUNDATION INC C/O BERKELEY COLLEGE SUSS 9732785400 POST OFFICE BOX 440 WEST PATERSON NJ 07424 MICHAEL J SMITH 2012911111 2012-11-09 1 EUGENE BERL P00105290 9732283500 2011 2016-02-24 21:20:13Z MICHAEL J SMITH 64 EAST MIDLAND AVENUE PARAMUS NJ 07652 847804 0 X N/A X 1996 NJ TO PROVIDE AFFORDABLE HOUSING AND RESIDENTIAL FACILITIES TO STUDENTS ATTENDING EDUCATIONAL INSTITUTIONS. 6 6 0 0 0 0 0 0 767244 801756 34655 46048 0 0 801899 847804 0 0 0 0 0 0 0 0 0 655609 662430 655609 662430 146290 185374 5705250 5899862 649156 658394 5056094 5241468 TO PROVIDE AFFORDABLE HOUSING TO COLLEGE STUDENTS. 0 0 661937 801756 THE FOUNDATION WAS FORMED TO PROVIDE RESIDENTIAL FACILITIES TO STUDENTS OF EDUCATIONAL INSTITUTIONS AT THE LOWEST POSSIBLE COST WHICH IS NOT OTHERWISE AVAILABLE. 661937 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 NJ X X MICHAEL J SMITH 2012911111 64 EAST MIDLAND AVENUE PARAMUS NJ 07652 X SAMUEL MORREALE 1.00 X 0 0 0 RICK BEYE 1.00 X 0 0 0 JAY VAN DELDEN 1.00 X 0 0 0 THOMAS MARINO 1.00 X 0 0 0 DONALD PHILLIPS 1.00 X 0 0 0 MICHAEL J SMITH 1.00 X 0 0 0 0 0 0 0 0 0 0 0 PROVIDE RESIDENTIAL FA 611710 801756 801756 801756 46048 46048 847804 801756 0 46048 493 493 390000 390000 80074 80074 7875 7875 SECURITY 62350 62350 UTILITIES 57923 57923 PROPERTY TAXES 30064 30064 CLEANING 15665 15665 17986 17986 662430 661937 493 0 304730 140870 3555788 4001576 2181171 503361 1757884 1677810 14788 14788 72060 64818 5705250 5899862 8500 17738 640656 640656 649156 658394 X 5056094 5241468 5056094 5241468 5705250 5899862 185374 0 X 0 0 0 X 675444 702188 736053 767244 801756 3682685 675444 702188 736053 767244 801756 3682685 0 0 0 3682685 147977 64268 15830 34655 46048 308778 147977 64268 15830 34655 46048 308778 823421 766456 751883 801899 847804 3991463 0.92260 0.90600 0.07740 0.09400 X 2174038 498775 1675263 7133 4586 2547 1677810 847804 662430 185374 185374 BERKELEY EDUCATIONAL SERVICES OF NEW JERSEY TO IMPROVE THE BUILDING USED IN CHARITABLE ACTIVITY X 640656 640656 0 1 1 640656 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES HAVE MEMBERS, INCLUDING LARRY LUING, KEVIN LUING, TIMOTHY LUING AND BRIAN LUING. THEY ONLY HAVE THE RIGHT TO APPOINT BOARD MEMBERS, BUT DO NOT HAVE THE AUTHORITY TO APPROVE SIGNIFICANT DECISIONS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE LUING FAMILY HAVE THE AUTHORITY TO APPOINT THE BOARD OF DIRECTORS OF SUSSEX EDUCATIONAL FOUNDATION, INC (SEF). NONE OF THE LUINGS SERVE AS OFFICERS, DIRECTORS OR TRUSTEES AND THEY DO NOT RECEIVE COMPENSATION FROM SEF. AS SUCH, THEY ARE NOT BOARD MEMBERS AND THEY DO NOT HAVE THE RIGHT TO VOTE ON MATTERS BROUGHT BEFORE THE BOARD. THEY DO NOT HAVE ANY RIGHTS TO A SHARE OF THE ORGANIZATION'S PROFITS OR NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7B THE FOUR MEMBERS OF THE LUING FAMILY WHO ARE MEMBERS OF SUSSEX EDUCATIONAL FOUNDATION, INC DO NOT VOTE ON MATTERS BROUGHT BEFORE THE BOARD. HOWEVER, AS PREVIOUSLY NOTED, THEY HAVE THE RIGHT TO APPOINT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE CFO REVIEWS THE 990 AND THEN DISCUSSES IT WITH THE BOARD MEMBERS WHO HAVE EACH BEEN GIVEN A COPY FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION DISTRIBUTES A CONFLICT OF INTEREST POLICY TO BOARD MEMBERS FOR THEIR REVIEW AND THEIR ACKNOWLEDGEMENT THAT THEY ARE AWARE OF THE POLICY. THERE WAS NO COMPENSATION PAID TO EITHER OFFICERS, KEY EMPLOYEES OR OTHER EMPLOYEES IN 2011. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. SCHEDULE R SUPPLEMENTAL INFORMATION FORM 990, PART IV, LINE 34 THE MEMBERS OF THE LUING FAMILY HAVE THE RIGHT TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS OF THE SUSSEX EDUCATIONAL FOUNDATION INC. (SEF). NONE OF THE LUINGS SERVE AS OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES AND THEY DO NOT RECEIVE COMPENSATION FROM SEF. AS SUCH, THEY ARE NOT OFFICERS AND DO NOT VOTE ON MATTERS BROUGHT BEFORE THE BOARD. HOWEVER, AS PREVIOUSLY NOTED, THEY HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS. FOR THAT REASON IT APPEARS THAT THEN ENTITIES OWNED BY THE LUING FAMILY MEMBERS MAY BE DEEMED RELATED OF SEF EVEN THOUGH THE LUINGS ARE NOT OFFICERS, DIRECTORS OR TRUSTEES. HOWEVER, BECAUSE THE LUINGS ARE NOT OFFICERS, DIRECTORS OR TRUSTEES, QUESTIONS 26 AND 28 HAVE BEEN ANSWERED NO. THREE ENTITIES OWNED BY THE LUING FAMILY HAVE FINANCIAL TRANSACTIONS WITH SUSSEX EDUCATIONAL FOUNDATION, INC. BERKELEY REALTY COMPANY, LLC (EIN #59-1625441) RENTS PROPERTY TO SUSSEX, WHICH SUSSEX USES TO OPERATE ITS DORMITORY FACILITY. BERKELEY EDUCATION SERVICES OF NJ INC. (EIN #22-2810633) HAS MADE A LOAN TO SUSSEX. BERKELEY EDUCATIONAL SERVICES OF NY, INC. (EIN #13-2819603) COLLECTS AND REMITS THE RENT TO SUSSEX COLLECTED FROM STUDENTS FOR THE RIGHT TO LIVE IN THE DORMITORY FACILITIES WHILE ATTENDING COLLEGE. IN ADDITION, THE FOLLOWING ENTITIES LISTED ARE ALSO OWNED BY MEMBERS OF THE LUING FAMILY, BUT HAVE NO INTERACTION OF ANY KIND WITH SUSSEX: BERKELEY MANAGEMENT COMPANY, BERKELEY & COMPANY, DOVER EDUCATIONAL SERVICES LLC, LUING HOLDINGS LLC, SHIP ISLAND ENTERPRISES, AND LEEWARD CORP. SEE SCHEDULE O NY 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 BERKELEY REALTY COMPANY LLC J 390000 FMV BERKELEY EDUCATIONAL SERVICES OF NJ E