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HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC (EIN 06-1291848)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202641359349315984
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T18:49:04-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE CORPORATE DRIVE SUITE 725AddressLine1Txt
CitySHELTONCityNm
State AbbreviationCTStateAbbreviationCd
ZIP064846241ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061291848EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOUSATONIC COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHOUSBusinessNameControlTxt
Phone2033325078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LAFAYETTE BOULEVARDAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP066044703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUDITH CORPREWPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2033325078PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone2039293535PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJUDITH CORPREWPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LAFAYETTE BOULEVARDAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP066044703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,944,413GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://HOUSATONICFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION SUPPORTS STUDENTS AT HOUSATONIC THROUGH SCHOLARSHIPS, EQUITY PROGRAMS, BOOK AND EMERGENCY FUNDS, FOOD PANTRY, THE ENTREPRENEURSHIP CENTER, STEAM AND OTHER STUDENT LEARNING ENHANCEMENTS.THE FOUNDATION'S STAFF AND BOARD OF DIRECTORS REMAIN COMMITTED TO STUDENT SUCCESS AND ASSURING LEARNING OPPORTUNITIES FOR ALL ENRICHING LIVES, INVIGORATING OUR COMMUNITY AND CREATING MEANINGFUL CAREER PATHS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,588,738PYContributionsGrantsAmt
CY Contributions Grants$1,038,459CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$141,211PYInvestmentIncomeAmt
CY Investment Income$204,730CYInvestmentIncomeAmt
PY Other Revenue$1,296PYOtherRevenueAmt
CY Other Revenue$282CYOtherRevenueAmt
PY Total Revenue$1,731,245PYTotalRevenueAmt
CY Total Revenue$1,243,471CYTotalRevenueAmt
PY Grants And Similar Paid$1,220,122PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$778,802CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$67,791CYTotalFundraisingExpenseAmt
PY Other Expenses$301,795PYOtherExpensesAmt
CY Other Expenses$313,380CYOtherExpensesAmt
PY Total Expenses$1,521,917PYTotalExpensesAmt
CY Total Expenses$1,092,182CYTotalExpensesAmt
PY Revenues Less Expenses$209,328PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$151,289CYRevenuesLessExpensesAmt
Total Assets BOY$3,495,591TotalAssetsBOYAmt
Total Assets EOY$3,722,471TotalAssetsEOYAmt
Total Liabilities BOY$164,837TotalLiabilitiesBOYAmt
Total Liabilities EOY$174,812TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,330,754NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,547,659NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionHCCF EXPANDS ACCESS TO QUALITY, AFFORDABLE HIGHER EDUCATION AND WORKS CLOSELY WITH THE COLLEGE TO ENHANCE THE LEARNING EXPERIENCE AND WORKFORCE DEVELOPMENT EDUCATION AND TRAINING OF STUDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$494,552ExpenseAmt
Grant$471,637GrantAmt
Revenue$0RevenueAmt
DescEACH SEMESTER, THE HCC FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS PRIMARILY BASED ON THEIR FINANCIAL NEED, AS WELL AS ACADEMIC MERIT, COMMUNITY SERVICE AND CAMPUS LEADERSHIP. SCHOLARSHIPS ARE "LAST-DOLLAR" MEANING FINANCIAL AID IS APPLIED TO THE STUDENT'S ACCOUNT BEFORE HCC FOUNDATION SCHOLARSHIPS. WHERE OVER 60% OF HCC STUDENTS QUALIFY FOR FINANCIAL AID AND 95% OF STUDENTS IN THE HCC FOUNDATION SCHOLARSHIP PROGRAM MEET INTAKE GUIDELINES AND CRITERIA, THE SCHOLARSHIP PROGRAM IS A VITAL RESOURCE FOR THE HCC COMMUNITY. OVER 400 STUDENTS ARE PROVIDED SCHOLARSHIPS AND EMERGENCY FUND ASSISTANCE AWARDS ANNUALLY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$307,165ExpenseAmt
Grant$307,165GrantAmt
Revenue$0RevenueAmt
DescTHE HCC FOUNDATION WORKS TO ACHIEVE IT GOAL OF INCREASING ACCESS AND RETENTION FOR PRIMARILY MARGINALIZED STUDENTS THROUGH ITS EQUITY PROGRAMS. THE PROGRAMS ARE COHORT BASED AND USE A COACHING MODEL AND WRAP-AROUND SUPPORTS. COHORTS INCLUDE STUDENTS WHO IDENTIFY AS FEMALE, STUDENT WHO IDENTIFY AS MALE, AND STUDENTS WHO ARE FORMERLY INCARCERATED. CUMULITAVELY, THE EQUITY PROGRAMS SERVICE 150 STUDENTS ANNUALLY. MANY OF ITS WORKSHOPS ARE ALSO OPEN TO THE GENERAL POPULATION OF STUDENTS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$45,401ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescTHE HOUSATONIC MUSEUM OF ART (HMA) IS HOME TO ONE OF THE PREMIER COLLEGE ART COLLECTIONS IN THE UNITED STATES. ITS COLLECTION OFFERS STUDENTS AND THE COMMUNITY ALIKE THE OPPORTUNITY TO VIEW WORKS THAT SPAN THE HISTORY OF ART FROM THE ANCIENT TO THE CONTEMPORARY. UNIQUE TO THE HOUSATONIC COMMUNITY COLLEGE CAMPUS, THIS PERMANENT COLLECTION IS ON CONTINUOUS DISPLAYTHROUGHOUT THE 300,000 SQUARE FOOT FACILITY, OFFERING A RARE OPPORTUNITY FOR BOTH ART ENTHUSIASTS AND CASUAL OBSERVERS TO VIEW AND INTERACT WITH THE ART ON A DAILY BASIS. THE HCC FOUNDATION IS THE FUNDRAISING PARTNER TO THE HMA.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$847,118TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document36IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALEXIS P SALSEDO-SUROVOV ASSOCIATE DEANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2033325078PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LAFAYETTE BLVDAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06604ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JUDITH CORPREW
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
LAURIE GILES
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
JENNIFER CUTRALI
TREASURER1.00Yes (X)Yes (X)$0$0$0
ENRICO R COSTANTINI
SECRETARY1.00Yes (X)Yes (X)$0$0$0
RINA BAKALAR
DIRECTOR1.00Yes (X)$0$0$0
LIZ BALL
DIRECTOR1.00Yes (X)$0$0$0
CARMEN COLON
DIRECTOR1.00Yes (X)$0$0$0
DAVID FEMI
DIRECTOR1.00Yes (X)$0$0$0
MARK FLORAMO
DIRECTOR1.00Yes (X)$0$0$0
LINDY LEE GOLD
DIRECTOR1.00Yes (X)$0$0$0
VALERIE KING
DIRECTOR1.00Yes (X)$0$0$0
BEN MAINI CPA
DIRECTOR1.00Yes (X)$0$0$0
WILLIE MCBRIDE
DIRECTOR1.00Yes (X)$0$0$0
MATTHEW MCCARTHY CPA
DIRECTOR1.00Yes (X)$0$0$0
RAMON PERALTA
DIRECTOR1.00Yes (X)$0$0$0
STEVEN RIESBERG
DIRECTOR1.00Yes (X)$0$0$0
DOUG WADE
DIRECTOR1.00Yes (X)$0$0$0
KRISTY JELENIK
EXECUTIVE DIRECTOR THRU 08/202440.00Yes (X)$104,579$0$23,927
ALEXIS SALSEDO-SUROVOV PHD
ASSOCIATE DEAN40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$104,579TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$23,927TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,038,459AllOtherContributionsAmt
Total Contributions$1,038,459TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,466TotalRevenueColumnAmt
Exclusion$117,466ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$788,206SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$700,942SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$87,264SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$87,264TotalRevenueColumnAmt
Exclusion$87,264ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$282TotalRevenueColumnAmt
Exclusion$282ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$282OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,243,471TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$205,012ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$778,802TotalAmt
Program Services$778,802ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$77,429TotalAmt
Management And General$77,429ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$25,295TotalAmt
Management And General$25,295ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,364TotalAmt
Fundraising$18,364FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,660TotalAmt
Management And General$13,660ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$30,473TotalAmt
Management And General$30,473ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,349TotalAmt
Management And General$6,349ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ALLOCATED COMPENSATION$79,622$17,448$24,067$38,107
MUSEUM EXPENSES$47,274$45,401$1,873
EVENT EXPENSES$9,447$9,447
STUDENT TRAINING$5,467$5,467

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,092,182TotalAmt
Program Services$847,118ProgramServicesAmt
Management And General$177,273ManagementAndGeneralAmt
Fundraising$67,791FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$165,224BOYAmt
EOY$128,503EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,546,540BOYAmt
EOY$573,778EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,003BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,757BOYAmt
EOY$10,569EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,769,067BOYAmt
EOY$3,009,621EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,495,591BOYAmt
EOY$3,722,471EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$164,837BOYAmt
EOY$174,812EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$164,837BOYAmt
EOY$174,812EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$947,758BOYAmt
EOY$566,723EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,382,996BOYAmt
EOY$2,980,936EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,330,754BOYAmt
EOY$3,547,659EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,495,591BOYAmt
EOY$3,722,471EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$151,289ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$65,616NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,054,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,228,569CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,329,535CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,588,738CurrentTaxYearMinus1YearAmt
Current Tax Year$1,038,459CurrentTaxYearAmt
Total$7,239,370TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,054,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,228,569CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,329,535CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,588,738CurrentTaxYearMinus1YearAmt
Current Tax Year$1,038,459CurrentTaxYearAmt
Total$7,239,370TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,261,532SubstantialContributorsTotAmt
Public Support Total170$4,977,838PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,966CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,470CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$76,911CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$121,257CurrentTaxYearMinus1YearAmt
Current Tax Year$117,466CurrentTaxYearAmt
Total$365,070TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$2,976CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,296CurrentTaxYearMinus1YearAmt
Current Tax Year$282CurrentTaxYearAmt
Total$4,554TotalAmt
FieldValueIRS element (for citing)
Total Support$7,608,994TotalSupportAmt
Public Support CY1700.65420PublicSupportCY170Pct
Public Support PY1700.70920PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2022 AMOUNT: $ 2,976. 2023 AMOUNT: $ 1,296. 2024 AMOUNT: $ 282.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,647,096BeginningYearBalanceAmt
Contributions$0ContributionsAmt
Investment Earnings Or Losses$59,746InvestmentEarningsOrLossesAmt
Grants Or Scholarships$43,393GrantsOrScholarshipsAmt
End Year Balance$1,663,449EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,452,917BeginningYearBalanceAmt
Contributions$125,000ContributionsAmt
Investment Earnings Or Losses$111,379InvestmentEarningsOrLossesAmt
Grants Or Scholarships$42,200GrantsOrScholarshipsAmt
End Year Balance$1,647,096EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,254,905BeginningYearBalanceAmt
Contributions$163,406ContributionsAmt
Investment Earnings Or Losses$70,207InvestmentEarningsOrLossesAmt
Grants Or Scholarships$35,601GrantsOrScholarshipsAmt
End Year Balance$1,452,917EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,190,140BeginningYearBalanceAmt
Contributions$177,663ContributionsAmt
Investment Earnings Or Losses-$89,188InvestmentEarningsOrLossesAmt
Grants Or Scholarships$23,710GrantsOrScholarshipsAmt
End Year Balance$1,254,905EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$939,036BeginningYearBalanceAmt
Contributions$120,000ContributionsAmt
Investment Earnings Or Losses$153,771InvestmentEarningsOrLossesAmt
Grants Or Scholarships$22,667GrantsOrScholarshipsAmt
End Year Balance$1,190,140EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.70843PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.29157TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,507,223TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$65,616NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$223,431DonatedServicesAndUseFcltsAmt
Revenue Not Reported$289,047RevenueNotReportedAmt
Revenue Subtotal$1,218,176RevenueSubtotalAmt
Investment Expenses Not Incld$25,295InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$25,295RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,243,471TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,290,318TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$223,431DonatedServicesUseFcltsAmt
Expenses Not Reported$223,431ExpensesNotReportedAmt
Expenses Subtotal$1,066,887ExpensesSubtotalAmt
Investment Expenses Not Incld2$25,295InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$25,295ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,092,182TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE HCC FOUNDATION FOLLOWS THE INTENT OF THE DONOR AND ESTABLISHED ENDOWMENT FUND. MOST ENDOWMENT FUNDS SUPPORT STUDENT SCHOLARSHIPS, WHILE A MINORITY SUPPORT ANNUAL STUDENT AWARDS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
OTHER STUDENT ASSISTANCE245$307,165
SCHOLARSHIPS AND AWARDS295$471,637

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE HCC FOUNDATION WORKS CLOSELY WITH THE COLLEGE TO TRACK DATA AND PROGRESS ON RECIPIENTS OF GRANT FUNDS AS WELL AS PROGRAMS. THE COLLEGE'S INSTITUTIONAL RESEARCH DEPARTMENT PROVIDES AGGREGATE DATA ON STUDENT ACADEMIC PERFORMANCE, DEMOGRAPHICS, AND RETENTION. COLLEGE PROGRAM STAFF TRACK STUDENT ATTENDANCE AND ENGAGEMENT, AS WELL AS TESTIMONIALS. MID-YEAR PROGRESS REPORTS AS WELL AS FINAL YEAR REPORTS ARE COMPILED FOR ALL PROGRAMS AND AWARDS, AND INCLUDES THE AFOREMENTIONED DATA THAT ILLUSTRATES OUTCOMES AND DELIVERABLES. SELECTION TO RECEIVE ASSISTANCE IS BASED ON THE PROGRAM OR SERVICE CRITERIA. FOR EXAMPLE, STUDENTS MUST SUBMIT A SCHOLARSHIP APPLICATION AND MUST MEET FINANCIAL NEED AND GPA CRITERIA TO BE CONSIDERED FOR A SCHOLARSHIP AWARD. MOST SERVICES SUPPORTED THROUGH THE FOUNDATION ARE OPEN TO ALL STUDENTS SUCH AS THE FOOD PANTRY, STEAM ACTIVITIES, EMERGENCY AWARDS AND BOOK FUNDS. PAYMENTS ARE GENERALY NOT MADE TO THE STUDENT SCHOLARSHIPS ARE PAID TO THE COLLEGE, EMERGENCY FUNDS ARE PAID TO THE BOOKSTORE, UTILITY COMPANIES, AUTO REPAIR SHOPS, ETC.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE EXECUTIVE DIRECTOR OF THE HCC FOUNDATION IS AN EMPLOYEE AND COMPENSATED BY THE STATE OF CONNECTICUT IS PAID BY THE HOUSATONIC COMMUNITY COLLEGE. A PERCENTAGE OF HER SALARY IS REIMBURSED BY THE HCC FOUNDATION ANNUALLY. THE PAY RATE WAS DETERMINED BY HOUSATONIC COMMUNITY COLLEGE AND AN AGREEMENT WAS FORMED WITH THE FOUNDATION TO REIMBURSE FOR A PERCENTAGE. THE COLLEGE HAS A FORMAL PROCESS FOR THE EXECUTIVE DIRECTOR'S COMPENSATION REVIEW.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1:ITS MISSION IS TO SOLICIT, SECURE, AND MANAGE CONTRIBUTIONS FROM THE PRIVATE SECTOR THROUGH PHILANTHROPIC INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS FOR THE BENEFIT OF THE COLLEGE. TODAY, HCCF WORKS IN PARTNERSHIP WITH THE COLLEGE TO BRING A BROAD RANGE OF SCHOLARSHIPS AND GRANTS TO MEN AND WOMEN FROM THE GREATER BRIDGEPORT AREA WHO HAVE THE DESIRE TO LEARN AND THE DETERMINATION TO BUILD A BETTER LIFE. HCC CONTINUES TO THRIVE IN ITS ROLE AS A DYNAMIC AND SUPPORTIVE ACADEMIC INSTITUTION. AS HCC HAS GROWN, SO HAS HCCF. HCCF STRIVES TO DEVELOP NEW SOURCES OF FUNDING IN AN EFFORT TO MEET THE GROWING FINANCIAL CHALLENGES PRESENTED BY A THRIVING COMMUNITY COLLEGE DEDICATED TO EDUCATIONAL ACCESS AND SUCCESS. FUNDRAISING EFFORTS ARE FOCUSED ON INCREASING ACCESSS AND RETENTION FOR LOW-INCOME, HISTORICALLY MARGINALIZED STUDENTS.
FORM 990, PART VI, SECTION B, LINE 11BHOUSATONIC COMMUNITY COLLEGE FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLSIHED A REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. THE FORM 990, ONCE COMPLETED, IS DISTRIBUTED TO MANAGEMENT AND THE BOARD OF DIRECTORS IN DRAFT FORM TO BE REVIEWED, AFTER REVIEW AND ANY QUESTIONS ARE ANSWERED, FORM 990 IS FILED WITH THE STATE AND FEDERAL GOVERNMENTS.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; AND (C) HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR CONFLICT OF LOYALTY TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. UPON DISCLOSURE OF A FINANCIAL INTEREST, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE FINANCIAL INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS BY A TWO-THIRDS VOTE.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO 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 OR BY CALLING THE ORGANIZATION DIRECTLY. A FINANCIAL SUMMARY IS ALSO INCLUDED IN THE ANNUAL REPORT.

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