2025-01-23T11:09:12-06:00 2023-06-30 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 300 TICE BOULEVARD SUITE 315 WOODCLIFF LAKE NJ 07677 990 2022-07-01 221821292 ESSEX COUNTY COLLEGE BOAR 9738773040 303 UNIVERSITY AVENUE NEWARK NJ 07102 KISWENDSIDA JOSIANE SONIA KAPROU SENIOR COMPTROLLER/ CFO 9738773040 2025-01-23 1 1 GARRETT M HIGGINS P00543209 2017129800 2025-01-23 2022 2024-10-15 13:58:12Z DR AUGUSTINE BOAKYE 303 UNIVERSITY AVENUE NEWARK NJ 07102 101433054 0 X WWW.ESSEX.EDU X 1966 NJ SERVES THE DYNAMIC NEEDS OF DIVERSE CONSTITUENCIES THROUGH COMPREHENSIVE EDUCATIONAL PROGRAMS 9 9 1134 9 0 0 103164169 69417265 28490049 30587477 102786 768907 1193884 628583 132950888 101402232 40058476 28632492 0 0 46317164 47616510 0 0 0 14190225 15951480 100565865 92200482 32385023 9201750 211442697 228067235 88592723 87042061 122849974 141025174 X ESSEX COUNTY COLLEGE (THE COLLEGE) IS AN OPEN ACCESS COMMUNITY COLLEGE THAT SERVES THE DIVERSE NEEDS OF STUDENTS THROUGH COMPREHENSIVE EDUCATION PROGRAMS, TRAINING, AND CONTINUING EDUCATION. THE COLLEGE IS DEDICATED TO ACADEMIC EXCELLENCE AND THE SUCCESS OF ITS STUDENTS. 0 0 23340015 23340015 SCHOLARSHIP AND FELLOWSHIPS - THE COLLEGE PARTICIPATES IN FEDERAL AND STATE FUNDED PROGRAMS. APPROXIMATELY 61% OF THE UNDUPLICATED STUDENT ENROLLMENT RECEIVED STUDENT AID ASSISTANCE DURING FISCAL YEAR 2023. FEDERAL AND STATE GRANTS EXPENDED FOR STUDENT FINANCIAL AID IN 2023 AMOUNTED TO $16,243,818 AND $6,430,444 RESPECTIVELY. 23296197 5292477 29755430 INSTRUCTION - THE COLLEGE BELIEVES IN CREATING A LEARNING ENVIRONMENT THAT FOSTERS HIGH EXPECTATIONS FOR ACHIEVEMENT. THE COLLEGE IS COMMITTED TO RIGOROUS ACADEMIC STANDARDS, FACULTY EXCELLENCE, AND RESPONSIVE SUPPORT SERVICES THAT ENABLE STUDENTS TO REACH THEIR FULL ACADEMIC, PROFESSIONAL AND PERSONAL POTENTIAL. THE COLLEGE PROVIDES EXCELLENT PROGRAMS THAT UTILIZE TECHNOLOGY, DEMONSTRATE INNOVATION, AND UNDERGO EVALUATION TO ENSURE CONSISTENT AND OUTSTANDING PERFORMANCE. THE COLLEGE OFFERS A WIDE RANGE OF ASSOCIATE DEGREE PROGRAMS, ACADEMIC CERTIFICATE PROGRAMS, AND CERTIFICATES OF COMPLETION. DURING FISCAL YEAR 2023, THE COLLEGE OFFERED 77 DEGREES AND CERTIFICATIONS WHICH INCLUDED OVER 442 COURSES.THE NUMBER OF STUDENTS WHO ATTENDED DURING FISCAL YEAR 2023 EQUATED TO 9,206 STUDENTS ENROLLED FOR CREDIT (3,580 FULL-TIME STUDENTS AND 5,626 PART-TIME STUDENTS) WHICH INCLUDED 7,555 DEGREE SEEKING STUDENTS AND 1,651 NON-MATRICULATED STUDENTS. 10119171 0 731747 STUDENT SERVICES - THE COLLEGE PROVIDES SERVICES TO STUDENTS WHICH INCLUDE ADMISSION, REGISTRATION, FINANCIAL AID, AND COUNSELING. ENROLLMENT SERVICES PROVIDED AT THE COLLEGE ARE ADMISSIONS, TRANSCRIPT EVALUATIONS, INTERNATIONAL STUDENT ADMISSION, REGISTRATION, ADD/DROP, CLASS WITHDRAWAL, GRADES POSTING, TRANSCRIPTS ISSUANCE, COUNTY CHARGEBACKS ISSUANCE, ENROLLMENT AND DEGREE VERIFICATION, VETERANS CERTIFICATIONS, STUDENT RECORD CHANGES, DEGREE AUDITS, GRADUATION CERTIFICATIONS, COMMENCEMENT INFORMATION, AND DIPLOMA ISSUANCE. 7574647 0 100300 ACADEMIC SUPPORT - FOR OVER 45 YEARS, THE COLLEGE HAS BEEN EDUCATING AND ENRICHING THE LIVES OF OUR STUDENTS. OUR ACADEMIC PROGRAMS CONSIDER THE NEEDS OF OUR LOCAL COMMUNITY, BUT OUR QUALITY ATTRACTS APPLICANTS FROM ALL OVER THE WORLD. DURING FISCAL YEAR 2023, THE COLLEGE HAS 83 FULL TIME FACULTY DEVOTED TO THE ACADEMIC PROGRAMS.PUBLIC SERVICE- IN A TYPICAL YEAR, THE COLLEGE'S COMMUNITY CONTINUING EDUCATION, AND WORKFORCE DEVELOPMENT PROGRAMS SERVE EVEN MORE STUDENTS THAN THEIR TRADITIONAL DEGREE PROGRAMS. THAT,S BECAUSE THEIR EDUCATIONAL OFFERING ARE DIVERSE, AND GEARED TO ALL DIFFERENT TYPES OF PEOPLE FROM ALL WALKS OF LIFE. THE COLLEGE PARTNERS WITH THEIR COMMUNITY, LOCAL BUSINESSES ORGANIZATIONS TO PROVIDE CLASSES GEARED TOWARDS PROVIDING PRACTICAL REAL-WORLD SKILLS THAT CAN BE PUT TO USE IMMEDIATELY. YOUTH PROGRAMS, HIGH SCHOOL INITIATIVES WORFORCE DEVELOPMENT, AND ADULT LITERACY COURSES ARE AMONG THE DOZENS OF EDUCATIONAL PROGRAMS THE COLLEGE OFFERS THROUGHOUT THE YEAR. DURING FISCAL YEAR 2023, THE COLLEGE HAD 2,267 NON-CREDIT ENROLLMENT, 580 STUDENTS IN CUSTOMIZED TRAINING, AND 97 TOTAL FACULTY DESIGNATED TO CONTINUING EDUCATION.INSTITUTIONAL SUPPORT - THE COLLEGE INITIATED SPECIAL SUPPORT PROGRAMS THAT INCLUDED MENTORSHIP, MENTAL HEALTH SERVICES AND FOOD PANTRY. THESE WERE CREATED TO ENSURE STUDENT RETENTION AND GRADUATION. OVER $300,000 WAS BUDGETED FOR FISCAL YEAR 2023 AND THE RESULT YIELDED POSITIVE OUTCOMES IN BOTH STUDENT RETENTION AND GRADUATION. 7574647 0 100300 64330030 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1134 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X KISWENDSIDA JOSIANE SONIA KAPROU 9738773040 303 UNIVERSITY AVENUE NEWARK NJ 07102 DR MARION BOLDEN CHAIR 6.00 X X 0 0 0 DR ARNOLD C LEWIS VICE CHAIR 3.00 X X 0 0 0 JOSEPH ZARRA TREASURER 3.00 X X 0 0 0 JEWELINE GRIMES SECRETARY 3.00 X X 0 0 0 ISABEL CRUZ TRUSTEE 3.00 X 0 0 0 REV DR LANEL GUYTON TRUSTEE 3.00 X 0 0 0 CARMEN T MORALES TRUSTEE 3.00 X 0 0 0 BETH ROBINSON TRUSTEE 3.00 X 0 0 0 JOHANNA L WRIGHT TRUSTEE 3.00 X 0 0 0 DR AUGUSTINE BOAKYE PRESIDENT 40.00 X 229391 0 60113 KISWENDSIDA JOSIANE SONIA KAPROU, SR COMPTR./CFO 40.00 X 77867 0 9195 JEFF SHAPIRO DIRECTOR OF FACILITIES 40.00 X 282387 0 5562 MOHAMED SEDDIKI EXEC. DEAN/CIO OF ADMIN. & LEARN 40.00 X 246048 0 38809 MICHAEL FRANK PROFESSOR 40.00 X 236409 0 24155 ROBERT SPELLMAN PROFESSOR 40.00 X 229316 0 24147 HERBERT C SCHLAGER PROFESSOR 40.00 X 219528 0 23222 TIMOTHY STAFFORD PROFESSOR 40.00 X 196806 0 12087 JAMES JOHNSON PROFESSOR 40.00 X 197229 0 12930 1914981 0 210220 35 0 1 0 NETTA ARCHITECTORS LLC 1084 ROUTE WEST MOUNTAINSIDE NJ 07092 ARCHITECT 481768 COMITO ASSOCIATES PC ARCHI 23 WARREN ST NEWARK NJ 07102 ARCHITECT 387575 LAW OFFICE OF ALAN L 374 MILLBURN AVE SUITE 202E MILLBURN NJ 07041 LEGAL SERVICES 266000 3 35095 69081875 300295 69417265 TUITION AND FEES 611310 29755430 29755430 AUXILIARY SERVICES 611310 731747 731747 YOUTH ENRICHMENT PROGRAMS 611310 100300 100300 30587477 768907 768907 135644 0 135644 135644 135644 6400 35095 30822 -24422 -24422 FEES 900099 229820 229820 INSURANCE REIMBURSEMENTS 900099 173917 173917 VENDING INCOME 900099 60818 60818 52806 52806 517361 101402232 30587477 0 1397490 28632492 28632492 1014857 1014857 34226671 23414751 10811920 2283601 1541705 741896 6967016 3714744 3252272 3124365 1959468 1164897 193478 193478 106091 106091 432575 28675 403900 457512 457512 1726869 421122 1305747 991712 148763 842949 4592 4592 1677918 122513 1555405 309654 156424 153230 2362456 2311061 51395 28340 28340 3193847 3193847 896075 6237 889838 REPAIRS & MAINTENANCE 1577368 624947 952421 MISCELLANEOUS EXPENSES 1303034 516257 786777 STUDENT EXPENSES 536391 212516 323875 CONTRIBUTIONS TO GRANTS 153568 60843 92725 92200482 64330030 27870452 0 39536945 36770672 9633164 9984951 42960983 27457976 3003542 2299839 15937 15937 39355 47242 240829954 102032191 103619769 138797763 3073629 3206854 9559373 9486001 211442697 228067235 12473807 9436243 2098376 12517291 1269974 859647 72750566 64228880 88592723 87042061 X -22826390 -18473765 145676364 159498939 122849974 141025174 211442697 228067235 X 9201750 -150551 9124001 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2516647 2516647 134888704 48989463 85899241 50197864 45962655 4235209 53226739 7080073 46146666 138797763 NET PENSION LIABILITY 30127089 PENSION DEFERRALS 13383803 OTHER POSTEMPLOYMENT BENEFITS DEFERRALS 17823720 LEASE DEFERRALS 1879554 OTHER LIABILITIES 790913 DEPOSITS 223801 64228880 107660701 -150551 250064 9154823 9254336 98406365 2995867 2995867 101402232 89485501 250064 30822 280886 89204615 2995867 2995867 92200482 PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION BENEFIT 8,715,032. OPEB BENEFIT 408,969. FUNDRAISING EXPENSES NETTED AGAINST REVENUE 30,822. PART XI, LINE 4B - OTHER ADJUSTMENTS: WAIVERS AND APPEALS NETTED AGAINST TUITION AND FEES 2,995,867. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE 30,822. PART XII, LINE 4B - OTHER ADJUSTMENTS: WAIVERS AND APPEALS NETTED AGAINST TUITION AND FEES 2,995,867. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE COLLEGE'S WEBSITE CONTAINS THE NON-DISCRIMINATORY POLICY, WHICH IS AVAILABLE TO ALL PUBLIC INDIVIDUALS. THE WEBSITE IS THE MAIN POINT OF CONTACT WITH THE PUBLIC. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, COLLEGE WORK STUDY PROGRAM, AND SUPPLEMENTAL EDUCATIONAL OPPORTUNITY PROGRAM. THE STATE PROGRAMS ARE THE NEW JERSEY HIGHER EDUCATION STUDENT ASSISTANCE AUTHORITY AND NEW JERSEY COMMISSION ON HIGHER EDUCATION. GOLF 41495 35095 6400 26550 4272 41495 35095 6400 26550 4272 30822 -24422 1 FEDERAL PELL GRANT 4082 18341971 SCHOLARSHIPS 3067 5998547 FEDERAL SUPPLEMENTAL EDU. OPPORTUNITY GRANT 743 915762 FEDERAL WORK STUDY PROGRAM 120 380345 WAIVERS AND APPEALS 1490 2995867 PART I, LINE 2: AID AND GRANTS FOR STUDENTS ARE APPLIED DIRECTLY TO A STUDENT'S ESSEX COUNTY COLLEGE ACCOUNT AND APPLIED TO TUITION AND FEES. ALL FINANCIAL AID IS SUBJECT TO REVISION BASED ON AVAILABILITY, CHANGES IN FAMILY CONTRIBUTION AND/OR CREDIT LOAD. ELIGIBILITY FOR STUDENT FINANCIAL ASSISTANCE IS BASED ON GENERAL ELIGIBILITY REQUIREMENTS OF TITLE IV STUDENT FINANCIAL ASSISTANCE PROGRAMS, OR STATE OF NEW JERSEY GENERAL ELIGIBILITY REQUIREMENTS. BOTH FEDERAL AND STATE AID GENERAL ELIGIBILITY REQUIREMENTS INCLUDE THE FILING OF THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA), EXCEPT IN THE CASE OF NJ "DREAMERS", WHO ARE REQUIRED TO FILE THE NJ ALTERNATIVE FINANCIAL AID APPLICATION. THE FINANCIAL AID OFFICE REVIEWS APPLICATIONS, REVIEWS NEED ANALYSIS DATA AND DOCUMENTATION, PERFORMS NEED ANALYSIS, PERFORMS VERIFICATION FOR FEDERAL STUDENT AID PROGRAMS, PACKAGES STUDENT FINANCIAL ASSISTANCE, AND CERTIFIES PRIVATE EDUCATION LOANS. X X 0 0 0 0 0 0 0 0 0 DR AUGUSTINE BOAKYE PRESIDENT 227027 0 0 0 2364 0 14000 0 46113 0 289504 0 0 0 JEFF SHAPIRO DIRECTOR OF FACILITIES 263346 0 0 0 19041 0 2505 0 3057 0 287949 0 0 0 MOHAMED SEDDIKI EXEC. DEAN/CIO OF ADMIN. & LEARN 242525 0 0 0 3523 0 3585 0 35224 0 284857 0 0 0 MICHAEL FRANK PROFESSOR 217393 0 0 0 19016 0 0 0 24155 0 260564 0 0 0 ROBERT SPELLMAN PROFESSOR 210716 0 0 0 18600 0 0 0 24147 0 253463 0 0 0 HERBERT C SCHLAGER PROFESSOR 197383 0 0 0 22145 0 0 0 23222 0 242750 0 0 0 JAMES JOHNSON PROFESSOR 164220 0 0 0 33009 0 0 0 12930 0 210159 0 0 0 TIMOTHY STAFFORD PROFESSOR 181119 0 0 0 15687 0 0 0 12087 0 208893 0 0 0 A THE ESSEX COUNTY IMPROVEMENT AUTHORITY 222023989 269809JW7 2006-09-01 4690000 REFUNDING, SERIES 1996 0 0 0 A 3860000 4690000 538926 4151074 2006 1 0 1 1 A 1 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 THE ESSEX COUNTY BOARD OF CHOSEN FREEHOLDERS IS CONSIDERED A MEMBER BASED ON THE IRS DEFINITION OF MEMBER. FORM 990, PART VI, SECTION A, LINE 7A 8 VOTING MEMBERS OF THE BOARD OF TRUSTEES CANNOT BE APPOINTED WITHOUT THE ADVICE AND CONSENT OF THE ESSEX COUNTY BOARD OF CHOSEN FREEHOLDERS. FORM 990, PART VI, SECTION A, LINE 7B IF DEEMED APPROPRIATE UNDER THE CIRCUMSTANCES, THE BOARD SHALL MAKE A RECOMMENDATION TO THE BOARD OF CHOSEN FREEHOLDERS THAT SUCH TRUSTEE BE REMOVED FROM THE BOARD OF TRUSTEES FOR CAUSE, OR MAKE SUCH OTHER RECOMMENDATION FOR A PENALTY AS THE BOARD MAY DEEM APPROPRIATE UNDER THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT OF THE FORM 990 IS REVIEWED BY THE CFO/COMPTROLLER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR A CONFLICT OF INTEREST QUESTIONNAIRE IS HANDED OUT AND COMPLETED BY EACH TRUSTEE AND OFFICER. IN ADDITION TO THE ANNUAL QUESTIONNAIRE, ALL TRUSTEES AND OFFICERS HAVE A DUTY TO TIMELY DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT THAT MAY ARISE. THE PRESIDENT OR A TRUSTEE SHALL NOTIFY THE CHAIR OF THE BOARD IF HE/SHE BELIEVES THAT A TRUSTEE HAS VIOLATED ANY BOARD POLICY. THE NOTIFICATION SHALL BE REFERRED TO THE POLICY AND GOVERNANCE COMMITTEE FOR A DETERMINATION WITHIN 90 DAYS OF THE NOTIFICATION. THE POLICY AND GOVERNANCE COMMITTEE SHALL NOTIFY THE TRUSTEE IN WRITING ABOUT THE INVESTIGATION, INCLUDING ANY SPECIFIC POLICY SECTION THEY ARE LOOKING INTO AND ANY KNOWN FACTS AND CIRCUMSTANCES. THE TRUSTEE SHALL HAVE AN OPPORTUNITY TO PRESENT WRITTEN OR ORAL STATEMENTS THEY DEEM RELEVANT TO THE INVESTIGATION. THE POLICY AND GOVERNANCE COMMITTEE SHALL MAKE A RECOMMENDATION FOR DISPOSITION OF THE MATTER TO THE FULL BOARD OF TRUSTEES. THE TRUSTEES SHALL THEN DETERMINE BY A MAJORITY VOTE WHETHER TO ADOPT THE RECOMMENDATION, AND IF A VIOLATION IS FOUND, MAY ASK FOR THE RESIGNATION OF A TRUSTEE, REMOVE A TRUSTEE AS AN OFFICER, REMOVE A CHAIR OR COMMITTEE ASSIGNMENT, AND SUCH OTHER RELIEF AS IT MAY DEEM APPROPRIATE UNDER THE CIRCUMSTANCES. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED AFTER A REVIEW BY THE BOARD OF TRUSTEES AND THE REVIEW OF OTHER TWO YEAR COMMUNITY COLLEGES IN THE STATE OF NEW JERSEY THAT PUBLICIZE THEIR PRESIDENT'S COMPENSATION HELP TO DETERMINE THE PRESIDENT'S SALARY. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD OF TRUSTEES PACKAGE. THIS PROCESS WAS LAST UNDERTAKEN IN 2021 FOR THE COMPENSATIONS OF THE FISCAL YEARS 2022, 2023 AND 2024. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS FORM 1023, FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION BENEFITS 8,715,032. POSTEMPLOYMENT BENEFITS (OPEB) 408,969. 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. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.