2024-05-14T16:20:27-05:00 2023-06-30 221655803 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2022-07-01 222351891 BERGEN COMMUNITY COLLEGE FOUNDATION BERG 2014477117 400 PARAMUS ROAD RM A-327A PARAMUS NJ 07652 SUZANNE WETZEL INTERIM EXECUTIVE DIRECTOR 2014477117 2024-05-14 1 SUZANNE WETZEL 999009999 0 PATRICIA DIAZ CPA P01362006 2014039750 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUZANNE WETZEL 400 PARAMUS ROAD RM A-327A PARAMUS NJ 07652 1824338 0 X WWW.BERGEN.EDU/FOUNDATION X 1982 NJ THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE PURPOSE OF ASSISTING THE BOARD OF TRUSTEES OF BERGEN COMMUNITY COLLEGE IN ATTAINING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY AND MAKING EXPENDITURES TO OR FOR THE BENEFIT OF THE COLLEGE, ITS STUDENTS AND ITS FACULTY AND STAFF. 31 30 0 30 0 0 545902 632186 0 0 916943 408203 0 202 1462845 1040591 686712 445977 0 0 91013 81609 0 0 144928 329032 365961 1106757 893547 356088 147044 11223606 11981160 241870 163635 10981736 11817525 X THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE PURPOSE OF ASSISTING THE BOARD OF TRUSTEES OF BERGEN COMMUNITY COLLEGE IN ATTAINING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY AND MAKING EXPENDITURES TO OR FOR THE BENEFIT OF THE COLLEGE, ITS STUDENTS AND ITS FACULTY AND STAFF. 0 0 445977 445977 SCHOLARSHIP AND AWARDS PROVIDED TO 484 BERGEN COMMUNITY COLLEGE STUDENTS. 113671 PROJECTS SUPPORTING BERGEN COMMUNITY COLLEGE FACULTY AND STAFF DEVELOPMENT, CONSTRUCTION, OTHER PROJECTS / PROGRAMS WHICH MAINTAIN AND ENHANCE THE EDUCATION PROVIDED BY THE COLLEGE 559648 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 28 0 0 0 0 0 0 0 0 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X X SUZANNE WETZEL 2018797650 400 PARAMUS ROAD RM A-327A PARAMUS NJ 07652 PHILIP J CIARCO DIRECTOR 1.00 X 0 0 0 DAVID BAGATELLE DIRECTOR 1.00 X 0 0 0 DAVID DEVEJIAN DIRECTOR 1.00 X 0 0 0 LUCIJA BEGONJA DIRECTOR 1.00 X 0 0 0 MARK DEVLI DIRECTOR 1.00 X 0 0 0 FRANCES HOFFMAN DIRECTOR 1.00 X 0 0 0 JOHN J JOHNSON DIRECTOR 1.00 X 0 0 0 VINCENT DURANTE TREASURER 1.00 X 0 0 0 KEVIN O'CONNOR VICE CHAIR PERSON 1.00 X 0 0 0 ASHOK R PATEL DIRECTOR 1.00 X 0 0 0 HOLLY SCHEPISI ESQ DIRECTOR 1.00 X 0 0 0 DAVID YORK DIRECTOR 1.00 X 0 0 0 JOSEPH BASRALIAN ESQ DIRECTOR 1.00 X 0 0 0 PATRICK FLETCHER DIRECTOR 1.00 X 0 0 0 SUSAN RENALDO DIRECTOR 1.00 X 0 0 0 MARK LONGO DIRECTOR 1.00 X 0 0 0 DOROTHY BLAKESLEE DIRECTOR 1.00 X 0 0 0 LAWRENCE JOEL DIRECTOR 1.00 X 0 0 0 VIRGINIA LAUGHLIN DIRECTOR 1.00 X 0 0 0 GORDON HAMM DIRECTOR 1.00 X 0 0 0 DAVID ROSS DIRECTOR 1.00 X 0 0 0 MICHAEL REDMOND DIRECTOR 1.00 X 0 0 0 ERIC MANCINI DIRECTOR 1.00 X 0 0 0 ANTHONY PERSISCO DIRECTOR 1.00 X 0 0 0 DANIEL ALLEN DIRECTOR 1.00 X 0 0 0 JOSEPH CONTE DIRECTOR 1.00 X 0 0 0 JEFFREY ANDERSON DIRECTOR 1.00 X 0 0 0 DANIEL M FOLEY CHAIRMAN 1.00 X X 0 0 0 V PETER TRAPHAGEN SR VICE CHAIR 1.00 X X 0 0 0 ERIC FRIEDMAN PRESIDENT 1.00 X X 0 0 0 IRA J KALTMAN ESQ SECRETARY 1.00 X X 0 0 0 RONALD MILLER EXECTIVE DIRECTOR 40.00 X 0 169538 19525 0 169538 19525 0 0 1 0 0 20183 612003 96024 632186 324079 324079 844766 760642 84124 84124 84124 23307 23105 202 202 1040591 0 0 408405 445977 445977 81609 74187 7422 25280 25280 56395 50421 5974 46990 7003 39987 76845 17615 13083 46147 33085 13972 19113 3759 3759 COLLEGE PROJECTS 96056 96056 PRINTING, MARKETING AND 26872 587 26285 DUES AND SUBSCRIPTIONS 679 679 893547 559648 188971 144928 197303 231377 143167 39096 79123 64666 1000 2761 92799 91782 10710214 11551478 11223606 11981160 18474 194 223396 163441 241870 163635 X 1301456 1242478 9680280 10575047 10981736 11817525 11223606 11981160 147044 688745 0 X X 0 1 X 1 0 X 678710 343479 335565 545902 632186 2535842 29295 32671 30690 35991 43175 171822 708005 376150 366255 581893 675361 2707664 294610 2413054 259305 283781 394498 277779 324079 1539442 4247106 23307 0.56820 0.59740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 0 0 8166035 248170 921436 -158556 -183599 8993526 9795586 263900 1214125 515432 163894 8166035 7753728 177423 2389566 325194 199937 9795586 7194282 130997 699089 112863 157777 7753728 6651115 410396 424596 151878 139947 7194282 0.79529 0.20471 0 0 0 X 2163225 688745 433889 1122634 1040591 0 1040591 1327436 433889 433889 893547 0 893547 PART III, LINE 4: DURING FISCAL YEAR 2022, THE FOUNDATION STARTED AN ART INITIATIVE WITH A FOCUS ON A CAMPUS BEAUTIFICATION PROGRAM. AS OF JUNE 30, 2023, THE FOUNDATION RECEIVED IN-KIND DONATIONS OF OVER 180 PAINTINGS AND WORKS ON PAPER. THE ART COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION AND EDUCATION IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAINS. THE FOUNDATION HAS DETERMINED THAT DONATED ARTWORK MEETS THE COLLECTIONS CRITERIA AND IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF ART HAS BEEN EXCLUDED FROM THE BALANCE SHEET AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PART V, LINE 4: ALL ENDOWMENTS ARE DONORS ENDOWMENTS WITH THE INCOME RESTRICTED TO PROVIDE FOR SCHOLARSHIPS AND/OR PROJECTS AND PROGRAMS. PART X, LINE 2: THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FUNDRAISER 23307 23307 23105 23307 23307 23105 23105 202 1 GRANTS AND SCHOLARSHIP AWARDS TO STUDENTS AT BERGEN COMMUNITY COLLEGE. 484 413719 32258 FAIR MARKET VALUE BOOKSTORE CREDITS USED FOR BOOKS/SCHOOL SUPPLIES PART I, LINE 2: APPLICANT DATA IS GATHERED FROM APPLICATIONS AND FROM THE COLLEGE DATABASE. THEN, THE APPLICATIONS ARE REVIEWED BY 2 PEOPLE FOR ELIGIBILITY AND APPROVED BY THE EXECUTIVE DIRECTOR 0 0 0 0 0 0 0 0 0 RONALD MILLER EXECTIVE DIRECTOR 0 169538 0 0 0 0 0 8507 0 11018 0 189063 0 0 X 45 0 X 32258 FAIR MARKET VALUE X 1 63766 FAIR MARKET VALUE 0 0 0 SCHEDULE M, LINE 33: A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, LINE 1C, BECAUSE THE FOUNDATION DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION 958-360-25 (ASC958-360-25) FORM 990, PART VI, SECTION B, LINE 11B YES. THE FORM 990 IS SENT TO THE EXECUTIVE DIRECTOR AND FINANCE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C YES. BOARD MEMBERS ARE ANNUALLY, AND AT TIME OF JOINING THE BOARD, PROVIDED WITH POLICY STATEMENTS AND SIGN ACKNOWLEDGEMENT THAT NO CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS EMPLOYED BY THE RELATED ORGANIZATION, BERGEN COMMUNITY COLLEGE, WHOSE HUMAN RESOURCE DEPARTMENT, ALONG WITH A SEARCH COMMITTEE, THE COLLEGE BOARD OF TRUSTEES AND FOUNDATION BOARD MEMBERS MAKE THE RECOMMENDATIONS AND APPROVALS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE KEPT AT THE ORGANIZATION'S LOCATION AND CAN BE VIEWED BY ANY INQUIRING PARTY DURING NORMAL OFFICE HOURS. HARD COPIES ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON THE NATIONAL CENTER FOR CHARITABLE STATISTICS-WWW.NCCSDATAWEB.URBAN.ORG FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST TO THE FOUNDATION VIA E-MAIL OR PHONE. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE AS WELL AS UPON REQUEST. FORM 990, PART V, LINE 2A THE FOUNDATION DOES NOT HANDLE THE EMPLOYEES' PAYROLL. BERGEN COMMUNITY COLLEGE HANDLES THE PAYROLL FOR ALL OF THE EMPLOYEES OF THE ORGANIZATION. EVERY QUARTER, THE FOUNDATION REIMBURSES THE COLLEGE FOR CERTAIN PAYROLL AND BENEFIT EXPENSES. BERGEN COMMUNITY COLLEGE 400 PARAMUS ROAD PARAMUS NJ 07652 221820506 EDUCATION NJ 501(C)(1) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 BERGEN COMMUNITY COLLEGE O 389864 FAIR MARKET VALUE BERGEN COMMUNITY COLLEGE N 43175 FAIR MARKET VALUE BERGEN COMMUNITY COLLEGE M 850 FAIR MARKET VALUE BERGEN COMMUNITY COLLEGE P 81608 FAIR MARKET VALUE