2026-05-15T18:49:04-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC ONE CORPORATE DRIVE SUITE 725 SHELTON CT 064846241 990 2024-07-01 061291848 HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC HOUS 2033325078 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 JUDITH CORPREW PRESIDENT 2033325078 2026-05-15 1 1 GARRETT M HIGGINS P00543209 2039293535 2026-05-15 2024 2025-03-06 01:10:19Z JUDITH CORPREW 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 1944413 0 X HTTPS://HOUSATONICFOUNDATION.ORG X 1990 CT THE 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. 17 17 0 30 0 0 1588738 1038459 0 0 141211 204730 1296 282 1731245 1243471 1220122 778802 0 0 0 0 0 0 67791 301795 313380 1521917 1092182 209328 151289 3495591 3722471 164837 174812 3330754 3547659 X HCCF 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. 0 0 494552 471637 0 EACH 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. 307165 307165 0 THE 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. 45401 0 0 THE 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. 847118 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X ALEXIS P SALSEDO-SUROVOV ASSOCIATE DEAN 2033325078 900 LAFAYETTE BLVD BRIDGEPORT CT 06604 JUDITH CORPREW PRESIDENT 1.00 X X 0 0 0 LAURIE GILES VICE PRESIDENT 1.00 X X 0 0 0 JENNIFER CUTRALI TREASURER 1.00 X X 0 0 0 ENRICO R COSTANTINI SECRETARY 1.00 X X 0 0 0 RINA BAKALAR DIRECTOR 1.00 X 0 0 0 LIZ BALL DIRECTOR 1.00 X 0 0 0 CARMEN COLON DIRECTOR 1.00 X 0 0 0 DAVID FEMI DIRECTOR 1.00 X 0 0 0 MARK FLORAMO DIRECTOR 1.00 X 0 0 0 LINDY LEE GOLD DIRECTOR 1.00 X 0 0 0 VALERIE KING DIRECTOR 1.00 X 0 0 0 BEN MAINI CPA DIRECTOR 1.00 X 0 0 0 WILLIE MCBRIDE DIRECTOR 1.00 X 0 0 0 MATTHEW MCCARTHY CPA DIRECTOR 1.00 X 0 0 0 RAMON PERALTA DIRECTOR 1.00 X 0 0 0 STEVEN RIESBERG DIRECTOR 1.00 X 0 0 0 DOUG WADE DIRECTOR 1.00 X 0 0 0 KRISTY JELENIK EXECUTIVE DIRECTOR THRU 08/2024 40.00 X 104579 0 23927 ALEXIS SALSEDO-SUROVOV PHD ASSOCIATE DEAN 40.00 X 0 0 0 104579 0 23927 0 0 0 1 0 1038459 1038459 117466 117466 788206 700942 87264 87264 87264 OTHER INCOME 900099 282 282 282 1243471 0 0 205012 778802 778802 77429 77429 25295 25295 18364 18364 13660 13660 30473 30473 6349 6349 ALLOCATED COMPENSATION 79622 17448 24067 38107 MUSEUM EXPENSES 47274 45401 1873 EVENT EXPENSES 9447 9447 STUDENT TRAINING 5467 5467 1092182 847118 177273 67791 165224 128503 1546540 573778 2003 0 12757 10569 1769067 3009621 3495591 3722471 164837 174812 164837 174812 X 947758 566723 2382996 2980936 3330754 3547659 3495591 3722471 151289 65616 0 X 0 1 X 1 0 X 1054069 2228569 1329535 1588738 1038459 7239370 1054069 2228569 1329535 1588738 1038459 7239370 2261532 4977838 11966 37470 76911 121257 117466 365070 2976 1296 282 4554 7608994 0.65420 0.70920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 2,976. 2023 AMOUNT: $ 1,296. 2024 AMOUNT: $ 282. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1647096 0 59746 43393 1663449 1452917 125000 111379 42200 1647096 1254905 163406 70207 35601 1452917 1190140 177663 -89188 23710 1254905 939036 120000 153771 22667 1190140 0.00000 0.70843 0.29157 0 0 0 1507223 65616 223431 289047 1218176 25295 25295 1243471 1290318 223431 223431 1066887 25295 25295 1092182 PART V, LINE 4: THE 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. 1 OTHER STUDENT ASSISTANCE 245 307165 SCHOLARSHIPS AND AWARDS 295 471637 PART I, LINE 2: THE 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. 0 0 0 0 0 0 0 0 0 PART I, LINE 3 THE 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. 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 11B HOUSATONIC 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 12C EACH 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 19 THE 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.