2022-05-16T15:24:46-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-07-01 221821292 ESSEX COUNTY COLLEGE BOAR 9738773040 303 UNIVERSITY AVENUE NEWARK NJ 07102 EVENS WAGNAC DEPUTY CFO/CONTROLLER 9738773040 2022-05-16 1 EVENS WAGNAC 999009999 CONNIE M LIRA P00481097 2156433900 2022-05-16 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z EVENS WAGNAC 303 UNIVERSITY AVENUE NEWARK NJ 07102 106959657 0 X WWW.ESSEX.EDU X 1966 NJ SERVES THE DYNAMIC NEEDS OF DIVERSE CONSTITUENCIES THROUGH COMPREHENSIVE EDUCATIONAL PROGRAMS 9 9 1390 9 0 0 58986442 77979592 34643677 28353274 3842445 19128 261357 607663 97733921 106959657 25721630 22149992 0 0 44242669 42772597 0 0 0 20702722 22580101 90667021 87502690 7066900 19456967 165288465 178662602 123396869 116846604 41891596 61815998 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 37035686 22149992 1125016 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.SCHOLARSHIP AND FELLOWSHIPS - THE COLLEGE PARTICIPATES IN FEDERAL AND STATE FUNDED PROGRAMS. APPROXIMATELY 52% OF THE UNDUPLICATED STUDENT ENROLLMENT RECEIVED STUDENT AID ASSISTANCE DURING FISCAL YEAR 2021. FEDERAL AND STATE GRANTS EXPENDED FOR STUDENT FINANCIAL AID IN 2021 AMOUNTED TO $16,021,806 AND $6,074,199, RESPECTIVELY. 19641574 0 27034588 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 2021, THE COLLEGE OFFERED 42 DEGREES AND CERTIFICATIONS WHICH INCLUDED OVER 543 COURSES.THE NUMBER OF STUDENTS WHO ATTENDED DURING FISCAL YEAR 2021 EQUATED TO 6,360 (2,859 FULL TIME STUDENTS AND 3,501 PART-TIME STUDENTS) WHICH INCLUDED 5,449 DEGREE-SEEKING STUDENTS AND 911 NON-MATRICULATED STUDENTS. 4628884 0 0 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 2021, THE COLLEGE HAS 88 FULL TIME FACULTY DEVOTED TO THE ACADEMIC PROGRAMS. 1922332 0 193670 PUBLIC SERVICE - IN A TYPICAL YEAR, THE COLLEGE'S COMMUNITY, CONTINUING EDUCATION, AND WORKFORCE DEVELOPMENT PROGRAMS SERVE EVEN MORE STUDENTS THAN THEIR TRADITIONAL DEGREE-SEEKING PROGRAMS. THAT'S BECAUSE THEIR EDUCATIONAL OFFERINGS ARE DIVERSE AND GEARED TO ALL DIFFERENT TYPES OF PEOPLE FROM ALL WALKS OF LIFE. THE COLLEGE PARTNERS WITH THEIR COMMUNITY, LOCAL BUSINESSES, AND ORGANIZATIONS TO PROVIDE CLASSES GEARED TOWARDS PROVIDING PRACTICAL REAL-WORLD SKILLS THAT CAN BE PUT TO USE IMMEDIATELY. YOUTH PROGRAMS, HIGH SCHOOL INITIATIVES, WORKFORCE DEVELOPMENT, AND ADULT LITERACY COURSES ARE AMONG THE DOZENS OF EDUCATIONAL PROGRAMS THE COLLEGE OFFERS THROUGHOUT THE YEAR. DURING FISCAL YEAR 2021, THE COLLEGE HAD 1,485 NON-CREDIT ENROLLMENT, 252 STUDENTS IN CUSTOMIZED TRAINING, AND 51 TOTAL FACULTY DESIGNATED TO CONTINUING EDUCATION. 1922332 0 193670 63228476 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 1 0 0 0 0 0 0 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 4043 0 1390 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X EVENS WAGNAC DEPUTY CFO 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 MR JOSEPH ZARRA TREASURER 3.00 X X 0 0 0 MRS JEWELINE GRIMES SECRETARY 3.00 X X 0 0 0 MS ISABEL CRUZ TRUSTEE 3.00 X 0 0 0 REV DR LANEL GUYTON TRUSTEE 3.00 X 0 0 0 MS CARMEN T MORALES TRUSTEE 3.00 X 0 0 0 MS BETH ROBINSON TRUSTEE 3.00 X 0 0 0 MS JOHANNA L WRIGHT TRUSTEE 3.00 X 0 0 0 DR ANTHONY MUNROE PRESIDENT - LEFT JUL 2020 40.00 X 166259 0 26326 DR AUGUSTINE A BOAKYE PRESIDENT AS OF JUL 2020 40.00 X 134371 0 25548 GEORGE PETERSON CFO/CONTROLLER AS OF FEB 2021 40.00 X 0 0 0 JEFF SHAPIRO DIRECTOR OF FACILITIES 40.00 X 254662 0 1381 MOHAMED SEDDIKI EXEC. DEAN/CIO OF ADMIN. & LEARN 40.00 X 216411 0 25026 MICHAEL FRANK PROFESSOR 40.00 X 216780 0 13052 ROBERT SPELLMAN PROFESSOR 40.00 X 207753 0 17948 HERBERT SCHLAGER PROFESSOR 40.00 X 206597 0 17948 1402833 0 127229 58 0 1 0 NORTHEASTERN INTERIOR SEVICES LLC 5 FAIRFIELD AVENUE LETLE FALL NJ 07424 CONTRACTOR FOR CONSTRUCTION 1885860 INSURANCE MANAGEMENT AND CONSULTING LLC 540 MILL STREET BELLEVILLE NJ 07109 INSURANCE POLICY SERVICES 726856 APS CONTRACTING INC 155-161 PENNSYLVANIA AVENUE PATERSON NJ 07503 CONTRACTOR FOR CONSTRUCTION 490794 ELLUCIAN COMPANY LP 62578 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 IT CONSULTING AND SUPPORT 252626 JOHNSTON GP INC 36 COMMERCE STREET SPRINGFIELD NJ 07081 CONTRACTOR FOR CONSTRUCTION 236075 9 77694164 285428 77979592 TUITION AND FEES 611310 26702773 26702773 CHARGES FOR SERVICES 611310 1090894 1090894 BOOKSTORE REVENUE 611310 213768 213768 FEES FOR TESTING 611310 193670 193670 STUDENT SUPPORT SERVICES 611310 152169 152169 28353274 19128 19128 559926 0 559926 559926 559926 MISCELLANEOUS 900099 35904 35904 VENDING INCOME 900099 11833 11833 47737 106959657 28353274 0 626791 22149992 22149992 270425 210928 59497 32717545 21806694 10910851 -1809346 -1809346 9016187 4751515 4264672 2577786 1616677 961109 329110 329110 121120 121120 237112 15718 221394 151997 68467 83530 982643 239632 743011 584477 87675 496802 3933 3933 2157950 157562 2000388 17646 8914 8732 1588700 1554138 34562 95700 95700 3395640 3395640 949047 6606 942441 STUDENT RELATED 7838550 7700247 138303 WAIVERS AND APPEALS 2344481 2344481 EQUIPMENT 782644 66879 715765 ONLINE RESOURCES 76866 76866 922485 365485 557000 87502690 63228476 24274214 0 18129441 23860843 4707809 3991901 26096447 34555525 6071285 6344529 15937 15937 41889 44599 194775531 99552926 94592983 95222605 2763746 3454487 12868928 11172176 165288465 178662602 11599405 10564695 21027191 21153474 2025628 1660301 88744645 83468134 123396869 116846604 X -61369822 -38317398 103261418 100133396 41891596 61815998 165288465 178662602 X 19456967 690691 -223256 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2516647 2516647 135542822 46984706 88558116 47411618 44135670 3275948 9304444 8432550 871894 95222605 PENSION DEFERRALS 6519788 OTHER POSTEMPLOYMENT BENEFITS DEFERRALS 4579644 DEFERRED LOSS ON REFUNDING 72744 11172176 NET PENSION LIABILITY 38634845 PENSION DEFERRALS 25105378 NET OTHER POSTEMPLOYMENT BENEFIT LIABILITY 16318244 OTHER POSTEMPLOYMENT BENEFITS DEFERRALS 3014960 DEPOSITS 285597 OTHER LIABILITIES 72043 CAPITAL LEASE PAYABLE 37067 83468134 109679109 690691 2028761 2719452 106959657 0 106959657 89754707 0 89754707 -2252017 -2252017 87502690 PART XI, LINE 2D - OTHER ADJUSTMENTS: GROSS UP FOR SPECIAL FUNDING FOR OTHER POSTEMPLOYEMENT BENEFITS 4,725,233. PAYROLL TAXES NETTED WITH REVENUE ON FINANCIAL STATEMENTS -33,035. INTEREST EXPENSE NETTED AGAINST REVENUE -95,700. WAIVERS AND APPEALS EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS -2,344,481. ADJUSTMENT FOR BEGINNING FUND BALANCE -223,256. PART XII, LINE 4B - OTHER ADJUSTMENTS: WAIVERS AND APPEALS EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 2,344,481. INTEREST EXPENSE NETTED AGAINST REVENUE 95,700. PAYROLL TAXES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 33,035. GROSS UP FOR SPECIAL FUNDING FOR OTHER POSTEMPLOYEMENT BENEFITS -4,725,233. 1 1 0 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. 1 FINANCIAL AID 6874 21977066 SCHOLARSHIPS 91 172926 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 1 0 0 0 0 0 0 0 JEFF SHAPIRO DIRECTOR OF FACILITIES 254662 0 0 0 0 0 0 0 1381 0 256043 0 0 0 MOHAMED SEDDIKI EXEC. DEAN/CIO OF ADMIN. & LEARN 216411 0 0 0 0 0 0 0 25026 0 241437 0 0 0 MICHAEL FRANK PROFESSOR 216780 0 0 0 0 0 0 0 13052 0 229832 0 0 0 ROBERT SPELLMAN PROFESSOR 207753 0 0 0 0 0 0 0 17948 0 225701 0 0 0 HERBERT SCHLAGER PROFESSOR 206597 0 0 0 0 0 0 0 17948 0 224545 0 0 0 DR ANTHONY MUNROE PRESIDENT - LEFT JUL 2020 166259 0 0 0 0 0 7997 0 18329 0 192585 0 0 0 DR AUGUSTINE A BOAKYE PRESIDENT AS OF JUL 2020 134371 0 0 0 0 0 0 0 25548 0 159919 0 0 0 PART I, LINE 4B THE FOLLOWING ARE LISTED ON FORM 990, PART VII, SECTION A, LINE 1A AND PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN IN 2020. THE NON-QUALIFIED RETIREMENT PLAN AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN (C) AND ARE LISTED HERE: DR. ANTHONY MUNROE - $7,997 A THE ESSEX COUNTY IMPROVEMENT AUTHORITY 222023989 296809JW7 2005-08-24 4690000 CONSTRUCTION OF STUDENT CENTER 0 0 0 A 3100000 4690000 4690000 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE CHAIR, SECRETARY, AND TREASURER OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES ON ALL MATTERS EXPECT FOR THE FOLLOWING, WHICH SHALL BE RESERVED FOR THE BOARD: 1) PRESIDENTIAL SELECTION AND TERMINATION. 2) TRUSTEE AND BOARD OFFICER SELECTION. 3) CHARTER AND BY-LAW AMENDMENT. 4) REVIEW OF INSTITUTIONAL MISSION AND PURPOSES. 5) INCURRING CORPORATE INDEBTEDNESS. 6) APPROVAL OF THE ANNUAL BUDGET. 7) CONFERRAL OF DEGREES. 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 B, LINE 11B THE IRS FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH THE ASSISTANCE OF MANAGEMENT. THE FINAL DRAFT OF FORM 990, AFTER REVIEW BY THE CFO/COMPTROLLER, IS SENT ELECTRONICALLY TO EACH TRUSTEE FOR REVIEW. COMMENTS RECEIVED ARE SHARED WITH THE CHAIR OF THE FINANCE COMMITTEE. APPROPRIATE CHANGES SUGGESTED BY THESE COMMENTS AND OBSERVATIONS WILL BE UPDATED TO THE FINAL DRAFT PRIOR TO FILING WITH THE DEPARTMENT OF TREASURY. THE BOARD IS ADVISED AS TO THE PURPOSE OF THE FORM 990 AND ANY SIGNIFICANT CHANGES SINCE THE LAST FILING. 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. FOR THE YEAR ENDED JUNE 30, 2021 NO POTENTIAL OR ACTUAL CONFLICTS OF INTEREST WERE IDENTIFIED OR DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED AFTER AN ANNUAL REVIEW BY THE BOARD OF TRUSTEES. THAT REVIEW, ALONG WITH REVIEWING OTHER TWO YEAR COMMUNITY COLLEGES IN THE STATE OF NEW JERSEY THAT PUBLICIZE THEIR PRESIDENT'S COMPENSATION HELP DETERMINE THE PRESIDENT'S SALARY. THE DELIBERATION AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED. THE PROCESS AS STATED HERE LAST TOOK PLACE IN JULY 2020 FOR THE 2021 FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC THROUGH THE WEBSITE AND UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR BEGINNING FUND BALANCE -223,256.