HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC (EIN 06-1291848)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-22
IRS object ID
202330539349300878
Schema version
2021v4.2
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)
Return2023-02-22T13:03:50-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873231666PreparerFirmEIN

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 Begin2021-07-01TaxPeriodBeginDt

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)
PersonKRISTY JELENIKPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2033325078PhoneNum
Signature2023-01-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKRISTYPersonFirstNm
Person LastJELENIKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER BULLPreparerPersonNm
PTINP00448361PTIN
Phone2039293535PhoneNum
Preparation2023-01-27PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKRISTY JELENIKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LAFAYETTE BOULEVARDAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP066044703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,268,685GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTP://WWW.HOUSATONIC.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION SUPPORTS THE MISSION OF HOUSATONIC COMMUNITY COLLEGE BY GRANTING SCHOLARSHIPS AND GRANTS TO STUDENTS OF THE COLLEGE AND SUPPORTING VARIOUS COLLEGE PROGRAMSActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,027,972PYContributionsGrantsAmt
CY Contributions Grants$2,193,619CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$88,718PYInvestmentIncomeAmt
CY Investment Income$37,470CYInvestmentIncomeAmt
PY Other Revenue$26,097PYOtherRevenueAmt
CY Other Revenue$34,950CYOtherRevenueAmt
PY Total Revenue$1,142,787PYTotalRevenueAmt
CY Total Revenue$2,266,039CYTotalRevenueAmt
PY Grants And Similar Paid$617,710PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$774,703CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$163,217PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$122,242CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$58,239CYTotalFundraisingExpenseAmt
PY Other Expenses$178,289PYOtherExpensesAmt
CY Other Expenses$210,928CYOtherExpensesAmt
PY Total Expenses$959,216PYTotalExpensesAmt
CY Total Expenses$1,107,873CYTotalExpensesAmt
PY Revenues Less Expenses$183,571PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,158,166CYRevenuesLessExpensesAmt
Total Assets BOY$2,131,357TotalAssetsBOYAmt
Total Assets EOY$2,901,380TotalAssetsEOYAmt
Total Liabilities BOY$218,965TotalLiabilitiesBOYAmt
Total Liabilities EOY$119,329TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,912,392NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,782,051NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionHCCF EXPANDS ACCESS TO QUALITY, AFFORDABLE HIGHER EDUCATION AND WORKS CLOSELY WITH HCC TO ENHANCE THE LEARNING EXPERIENCE AND WORKFORCE DEVELOPMENT EDUCATION AND TRAINING OF STUDENTS. ITS MISSION IS TO SOLICIT, SECURE, AND MANAGE CONTRIBUTIONS FROM THE PRIVATE SECTOR THROUGH PHILANTHROPIC INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS FOR THE BENEFIT OF HCC. TODAY, HCCF WORKS IN PARTNERSHIP WITH HCC 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$423,997ExpenseAmt
Grant$385,453GrantAmt
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 70% 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$403,419ExpenseAmt
Grant$389,250GrantAmt
DescTHE HCC FOUNDATION ENHANCES LEARNING AND EXPERIENCES THROUGH PROGRAM GRANTS. FUNDING SUPPORTS STUDENT PURSUING STEAM AT HCC, MANUFACTURING, FINANCIAL LITERACY, AND ENTREPRENEURSHIP. EQUITY PROGRAMS ARE ALSO SUPPORTED THROUGH HCC FOUNDATION INCLUDING THE FAMILY ECOMONIC SECURITY PROGRAM AND EQUITY PROJECT. BOTH PROGRAMS FOCUS ON INCREASING STUDENT RETENTION AND COMPLETION, AS WELL AS FINANCIAL LITERACY AND PERSONAL DEVELOPMENT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$63,342ExpenseAmt
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.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$890,758TotalProgramServiceExpensesAmt
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document30IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
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 Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
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
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KRISTY JELENIKBusinessNameLine1Txt
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 (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
CARMEN COLON
DIRECTOR1.00Yes (X)$0$0$0
BEN MAINI CPA
DIRECTOR1.00Yes (X)$0$0$0
MATT MCCARTHY CPA
DIRECTOR1.00Yes (X)$0$0$0
BRUCE MURRAY
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
LINDY LEE GOLD
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER RALLO
DIRECTOR1.00Yes (X)$0$0$0
BRADLEY A HARDY
TREASURER1.00Yes (X)$0$0$0Yes (X)
ENRICO R COSTANTINI
SECRETARY1.00Yes (X)$0$0$0Yes (X)
JUDITH CORPREW
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
LIZ BALL
DIRECTOR1.00Yes (X)$0$0$0
LEAH DAVENPORT
DIRECTOR1.00Yes (X)$0$0$0
LAURIE GILES
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER CUTRALI
DIRECTOR1.00Yes (X)$0$0$0
MARILYN FORD
DIRECTOR1.00Yes (X)$0$0$0
ANDREA JONES
DIRECTOR1.00Yes (X)$0$0$0
WILLIE MCBRIDE JR
DIRECTOR1.00Yes (X)$0$0$0
RAMON PERALTA
DIRECTOR1.00Yes (X)$0$0$0
DOUG WADE
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,193,619AllOtherContributionsAmt
Total Contributions$2,193,619TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,470TotalRevenueColumnAmt
Exclusion$37,470ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$37,596FundraisingGrossIncomeAmt
Fundraising Direct Expenses$2,646FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,950TotalRevenueColumnAmt
Exclusion$34,950ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,266,039TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$72,420ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$774,703TotalAmt
Program Services$774,703ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$46,420TotalAmt
Program Services$4,642ProgramServicesAmt
Management And General$9,284ManagementAndGeneralAmt
Fundraising$32,494FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$44,783TotalAmt
Program Services$24,554ProgramServicesAmt
Management And General$20,229ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$26,618TotalAmt
Program Services$10,050ProgramServicesAmt
Management And General$6,555ManagementAndGeneralAmt
Fundraising$10,013FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,421TotalAmt
Program Services$4,421ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$73,973TotalAmt
Management And General$73,973ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$19,917TotalAmt
Management And General$19,917ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,617TotalAmt
Management And General$1,617ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,434TotalAmt
Fundraising$12,434FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,440TotalAmt
Management And General$10,142ManagementAndGeneralAmt
Fundraising$3,298FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,159TotalAmt
Management And General$17,159ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MUSEUM EXPENSE$53,136$53,136
OTHER$14,169$14,169
STUDENT TRAINING$5,083$5,083

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,107,873TotalAmt
Program Services$890,758ProgramServicesAmt
Management And General$158,876ManagementAndGeneralAmt
Fundraising$58,239FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$409,805BOYAmt
EOY$612,687EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$12,254EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,708,132BOYAmt
EOY$2,262,178EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$13,420BOYAmt
EOY$14,261EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,131,357BOYAmt
EOY$2,901,380EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$218,965BOYAmt
EOY$119,329EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$218,965BOYAmt
EOY$119,329EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$478,927BOYAmt
EOY$539,866EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,433,465BOYAmt
EOY$2,242,185EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,912,392BOYAmt
EOY$2,782,051EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,131,357BOYAmt
EOY$2,901,380EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,158,166ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$308,424NetUnrlzdGainsLossesInvstAmt
Investment Expense$19,917InvestmentExpenseAmt
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$1,540,450CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,266,368CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,014,028CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,054,069CurrentTaxYearMinus1YearAmt
Current Tax Year$2,228,569CurrentTaxYearAmt
Total$7,103,484TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,540,450CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,266,368CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,014,028CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,054,069CurrentTaxYearMinus1YearAmt
Current Tax Year$2,228,569CurrentTaxYearAmt
Total$7,103,484TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,406,356SubstantialContributorsTotAmt
Public Support Total170$3,697,128PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$67,534CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,421CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$38,033CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,966CurrentTaxYearMinus1YearAmt
Current Tax Year$16,516CurrentTaxYearAmt
Total$171,470TotalAmt
FieldValueIRS element (for citing)
Total Support$7,274,954TotalSupportAmt
Public Support CY1700.50820PublicSupportCY170Pct
Public Support PY1700.48370PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$916,178BeginningYearBalanceAmt
Contributions$2,500ContributionsAmt
Investment Earnings Or Losses$43,944InvestmentEarningsOrLossesAmt
Grants Or Scholarships$23,586GrantsOrScholarshipsAmt
End Year Balance$939,036EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$900,565BeginningYearBalanceAmt
Contributions$500ContributionsAmt
Investment Earnings Or Losses$56,540InvestmentEarningsOrLossesAmt
Grants Or Scholarships$41,427GrantsOrScholarshipsAmt
End Year Balance$916,178EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$877,889BeginningYearBalanceAmt
Contributions$550ContributionsAmt
Investment Earnings Or Losses$61,425InvestmentEarningsOrLossesAmt
Grants Or Scholarships$39,299GrantsOrScholarshipsAmt
End Year Balance$900,565EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,211,885TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$288,507NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$254,270DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$34,237RevenueNotReportedAmt
Revenue Subtotal$2,246,122RevenueSubtotalAmt
Investment Expenses Not Incld$19,917InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$19,917RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,266,039TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,342,226TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$254,270DonatedServicesUseFcltsAmt
Expenses Not Reported$254,270ExpensesNotReportedAmt
Expenses Subtotal$1,087,956ExpensesSubtotalAmt
Investment Expenses Not Incld2$19,917InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$19,917ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,107,873TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS WHEN THEY ARE MORE THAN LIKELY NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2019.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GIVING DAYEvent1Nm
Gross Receipts Event1$37,596GrossReceiptsEvent1Amt
Gross Revenue Event1$37,596GrossRevenueEvent1Amt
Other Direct Expenses Event1$2,646OtherDirectExpensesEvent1Amt
Gross Receipts Total$37,596GrossReceiptsTotalAmt
Gross Revenue Total Events$37,596GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$2,646OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$2,646DirectExpenseSummaryEventsAmt
Net Income Summary$34,950NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

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

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPS AND AWARDS469$385,453
OTHER STUDENT ASSISTANCE1442$389,250

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, SCH I, PART III1. SCHOLARSHIPS ARE NEED-BASED, APPLICATIONS ARE REVIEWED BY A COMMITTEE FROM THE FOUNDATION OR THE PROGRAM DIRECTORS USING CERTAIN CRITERIA TO DETERMINE THE AWARD. FUNDS ARE PAID DIRECTLY TO THE COLLEGE AND APPLIED TO THE STUDENT TUTITION ONCE THE SEMESTER STARTS. THE COLLEGE MONITORS IF THE STUDENT WITHDRAWS AND ISSUES THE FOUNDATION A REFUND WHERE APPROPRIATE.
FORM 990, SCH I, PART III,2. OTHER ASSISTANCE IS OFFERED ON A NEED BASIS IN ORDER TO HELP THE STUDENT STAY IN SCHOOL AND SUCCEED. TYPICAL RECIPIENT IS SOMEONE WHO DID NOT QUALIFY FOR FINANCIAL AID. APPLICATIONS ARE REVIEWED AND APPROVED BY COLLEGE DEANS, STAFF, AND FACULTY WITH INPUT FROM ADVISORS AS TO STUDENT NEEDS. FUNDS ARE TYPICALLY PAID DIRECTLY TO THE COLLEGE. THE COLLEGE MONITORS IF THE STUDENT WITHDRAWS AND ISSUES THE FOUNDATION A REFUND WHERE APPROPRIATE. FUNDS MAY ALSO BE PAID DIRECTLY TO VENDORS FOR EXPENSES SUCH AS CERTIFICATION EXAM FEES AND REVIEW BOOKS; SOFTWARE LICENSES, ETC.
FORM 990, SCH I, PART III3. EMERGENCY FUND ASSISTANCE IS OFFERED TO STUDENTS TO HELP MEET OR DEFRAY AN URGENT OR OFTEN UNEXPECTED EXPENSE. APPLICATIONS ARE REVIEWED AND APPROVED BY THE FOUNDATION COMMITEE. FUNDS ARE TYPICALLY PAID DIRECTLY TO THE VENDOR AND CAN BE PAID TO A STUDENT AS A REIMBURSEMENT. IN SOME CASES, DEPENDING ON NEED, A GIFT CARD TO A LOCAL GROCERY STORE IS ISSUED. THIS CAME ABOUT WHEN COVID 19 HIT AND FOOD INSECURITY BECAME A LARGER ISSUE FOR SOME STUDENTS.
FORM 990, SCH I, PART III4. PROGRAM GRANTS AND FUNDS SUPPORT STUDENTS IN EQUITY PROGRAMS BASED ON QUALIFYING CRITERIA, THE ENTREPRENEURSHIP CENTER AND VENTURE LAB THROUGH GRANTS TO SUPPORT BUSINESS IDEATION AND GROWTH. GRANTS ARE MONITORED BY PROGRAM COORDINATORS AND PROGRESS IS REPORTED TO THE FOUNDATION.
FORM 990, SCH I, PART III5. AWARDS ARE ISSUED BASED ON ACADEMIC PERFORMANCE. RECIPIENTS ARE SELECTED BY DEPARTMENT HEADS AT THE COLLEGE AND ARE BASED ON CRITERIA SUCH AS GPA, COMMUNITY SERVICE, AND COLLEGE INVOLVEMENT. THE AWARDS ARE GIVEN TO GRADUATING SENIORS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, THAT THEY HAVE READ AND UNDERSTAND THE POLICY AND HAS TO COMPLIED WITH THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS ALSO MADE AVAILABLE ON WWW.GUIDESTAR.COM

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1HOUSATONIC COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 LAFAYETTE BLVDAddressLine1Txt
CityBRIDGEPORTCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06604ZIPCd
FieldValueIRS element (for citing)
EIN134130869EIN
Primary ActivitiesSCHOOLPrimaryActivitiesTxt
Legal Domicile StateCTLegalDomicileStateCd
Exempt Code Section170(C) (1)ExemptCodeSectionTxt
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1HOUSATONIC COMMUNITY COLLEGEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt
Involved$254,270InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt

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