2022-11-14T11:09:42-06:00 2022-06-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2021-07-01 113623769 FIORELLO H LAGUARDIA COMMUNITY COLLEGE FOUNDATION INC FIOR 7184825514 31-10 THOMSON AVENUE E-413 LONG ISLAND CITY NY 11101 KENNETH ADAMS PRESIDENT, LAGUARDIA COLLEGE 7184825514 2022-11-11 1 KENNETH ADAMS 999009999 DAVID A URBAN CPA P00630018 7166340700 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KENNETH ADAMS 31-10 THOMSON AVENUE E-413 LONG ISLAND CITY NY 11101 11018849 0 X N/A X 2003 NY TO SUPPORT AND ENCOURAGE THE STUDENTS OF LAGUARDIA COMMUNITY COLLEGE IN THEIR ACADEMIC ENDEAVORS. 19 14 0 0 0 0 3940422 10685157 0 0 215990 333692 0 0 4156412 11018849 2204721 3945464 0 0 471802 614547 0 0 15965 389856 554891 3066379 5114902 1090033 5903947 12344204 17629833 195956 394477 12148248 17235356 X THE FOUNDATION WAS INCORPORATED IN 2003 AS A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION. ITS MISSION IS TO RAISE, MANAGE, INVEST, AND DISTRIBUTE FUNDS FOR THE COLLEGE IN SUPPORT OF ITS IMMEDIATE AND LONG-TERM STUDENT, ACADEMIC, AND FACILITY NEEDS, GOALS, AND PRIORITIES. 0 0 4921663 3945464 TO SUPPORT AND ADVANCE THE EDUCATION, RESEARCH, AND PUBLIC SERVICE MISSION OF FIORELLO H. LAGUARDIA COMMUNITY COLLEGE BY FUNDING SCHOLARSHIPS AND AWARDS AND PROVIDING ACADEMIC PROGRAMS FOR THE BENEFIT OF ITS STUDENTS. 4921663 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 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 1 0 0 0 1 123 0 1 0 0 0 0 0 0 0 0 0 0 0 X 19 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 NY X X NANCY MARTINEZ-PALMA 7184825541 31-10 THOMSON AVENUE E-413 LONG ISLAND CITY NY 11101 PRISCILLA ALEXANDER BOARD MEMBER 2.00 0.00 X 0 0 0 YIFEI SHEN BOARD MEMBER 2.00 0.00 X 0 0 0 CHARLES E BOYCE BOARD MEMBER 2.00 0.00 X 0 0 0 MARLENE DEBEL BOARD MEMBER 2.00 0.00 X 0 0 0 JOEL GLASKY VICE CHAIR 2.00 0.00 X X 0 0 0 RUSSELL HORWITZ BOARD MEMBER 2.00 0.00 X 0 0 0 GAIL S LANDIS BOARD MEMBER 2.00 0.00 X 0 0 0 SUNIL GUPTA BOARD MEMBER 2.00 35.00 X 0 180177 21737 NICOLAS NICOLAOU BOARD MEMBER 2.00 0.00 X 0 0 0 DR HENRY SALTIEL BOARD MEMBER 2.00 35.00 X 0 190609 93552 SUZIE SCANLON ESQ CHAIR 2.00 0.00 X X 0 0 0 ERIC SLOVIN BOARD MEMBER 2.00 0.00 X 0 0 0 LARRY SOLOMON BOARD MEMBER 2.00 0.00 X 0 0 0 ERNEST VON SIMSON TREASURER 2.00 0.00 X X 0 0 0 BILL TOPPETA BOARD MEMBER 2.00 0.00 X 0 0 0 DR PAUL ARCARIO PROVOST 2.00 35.00 X 0 193641 37262 MARILYN SKONY STAMM BOARD MEMBER 2.00 0.00 X 0 0 0 LAURA BARTOVICS INTERIM EXECUTIVE DIRECTOR 2.00 35.00 X X 0 138991 30018 KENNETH ADAMS PRESIDENT 2.00 35.00 X X 0 328390 36360 0 1031808 218929 0 0 1 0 0 10685157 10685157 111418 111418 222274 0 222274 222274 222274 11018849 0 0 333692 3945464 3945464 614547 614547 135675 126500 9175 1903 1903 1647 1647 5304 5304 2954 2954 PROGRAM EXPENSES 172161 172161 BAD DEBT 105346 105346 SUPPLIES 47072 47072 SUBSCRIPTIONS 33701 33701 49128 8968 24195 15965 5114902 4921663 177274 15965 389008 1907900 716329 1931600 1227736 3233872 109051 419088 9902080 10137373 12344204 17629833 132393 292172 63563 102305 195956 394477 X 7472677 9950521 4675571 7284835 12148248 17235356 12344204 17629833 5903947 -816839 0 X X 0 1 X 1 0 X 2590271 3955220 3719061 3940422 10685157 24890131 2590271 3955220 3719061 3940422 10685157 24890131 7808128 17082003 36281 118627 135094 106867 111418 508287 25398418 0.67260 0.74770 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3320575 817785 -187377 41500 3909483 2539500 444733 459774 123432 3320575 2353776 179964 99380 93620 2539500 1917585 384060 120608 68477 2353776 1748664 120680 112457 64216 1917585 0.00000 0.64887 0.35113 0 0 0 X 10938030 -816839 736020 -80819 11018849 0 11018849 5850922 736020 736020 5114902 0 5114902 PART V, LINE 4: FOR SCHOLARSHIPS AND TO BUILD THE FOUNDATION CORPUS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE), THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 SCHOLARSHIPS 5414 3110199 STIPENDS 211 665551 STUDENT EMERGENCY FUND 571 169714 PART I, LINE 2: FINANCIAL ASSISTANCE IS AWARDED TO STUDENTS ON THE BASIS OF ACADEMIC MERIT, NECESSITY, AND OTHER CRITERIA AS SET FORTH IN A FORMALIZED APPLICATION PROCESS. 0 0 0 0 0 0 0 0 0 KENNETH ADAMS PRESIDENT 0 328390 0 0 0 0 0 30274 0 6086 0 364750 0 0 DR HENRY SALTIEL BOARD MEMBER 0 190609 0 0 0 0 0 93414 0 138 0 284161 0 0 DR PAUL ARCARIO PROVOST 0 193641 0 0 0 0 0 37207 0 55 0 230903 0 0 SUNIL GUPTA BOARD MEMBER 0 180177 0 0 0 0 0 21737 0 0 0 201914 0 0 LAURA BARTOVICS INTERIM EXECUTIVE DIRECTOR 0 138991 0 0 0 0 0 29414 0 604 0 169009 0 0 FORM 990, PART VI, SECTION B, LINE 11B PURSUANT TO THE GOVERNING BODY'S BOARD POLICY FOR REVIEW OF IRS FORM 990, THE GOVERNING BODY HAS DELEGATED TO THE AUDIT COMMITTEE RESPONSIBILITY TO REVIEW THE COMPLETE FORM, IN ORDER TO PRESERVE THE CONFIDENTIALITY OF DONORS. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION OPERATES UNDER THE CONFLICT OF INTEREST POLICY OUTLINED IN ARTICLE VII, SECTION 6 OF THE FOUNDATION'S BYLAWS. EACH OFFICER, DIRECTOR, TRUSTEE AND KEY EMPLOYEE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT, BOARD SERVICE OR POSITION WITH THE FOUNDATION. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 DIRECTORS AND OFFICERS WHO ARE EMPLOYEES OF THE COLLEGE OR CUNY, ARE NOT COMPENSATED BY THE LAGUARDIA FOUNDATION. THEY ARE COMPENSATED BY THE COLLEGE IN CONFORMITY WITH THE CITY UNIVERSITY OF NEW YORK GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S POLICIES, BY-LAWS, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE FOUNDATION'S OFFICES. FORM 990, PART XII, LINE 2C: THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FIORELLO H LAGUARDIA COMMUNITY COLLEGE 31-10 THOMPSON AVENUE LONG ISLAND CITY NY 11101 431371336 EDUCATION NY 501(C)(3) LINE 6 0 LAGUARDIA EDUCATION FUND INC 31-10 THOMPSON AVENUE LONG ISLAND CITY NY 11101 112644089 EDUCATION NY 501(C)(3) LINE 7 0 THE RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET NEW YORK NY 10036 131988190 RESEARCH NY 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0