HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC (EIN 22-2427015)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-10
IRS object ID
202101309349302200
Schema version
2019v5.2
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)
Return2021-05-10T13:32:46-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141555429PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1UHY ADVISORS NY INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 TOWER PLACE EXECUTIVE PARK 7THAddressLine1Txt
Address Line2FLOORAddressLine2Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN222427015EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHUDSBusinessNameControlTxt
Phone5186298012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREGINA M LAGATTAPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5186298012PhoneNum
Signature2021-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonXIAOQIANG ZHANGPreparerPersonNm
PTINP01577994PTIN
Phone5184493166PhoneNum
Preparation2021-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerREGINA M LAGATTAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,071,217GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HVCC.EDU/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1982FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSUPPORTING THE MISSION, THE STUDENTS, AND THE ALUMNI OF THE HUDSON VALLEY COMMUNITY COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body25VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers27TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$921,329PYContributionsGrantsAmt
CY Contributions Grants$950,475CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$181,553PYInvestmentIncomeAmt
CY Investment Income$182,445CYInvestmentIncomeAmt
PY Other Revenue$36,557PYOtherRevenueAmt
CY Other Revenue$41,807CYOtherRevenueAmt
PY Total Revenue$1,139,439PYTotalRevenueAmt
CY Total Revenue$1,174,727CYTotalRevenueAmt
PY Grants And Similar Paid$386,179PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$478,803CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$402,427PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$388,362CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$115,716CYTotalFundraisingExpenseAmt
PY Other Expenses$1,683,994PYOtherExpensesAmt
CY Other Expenses$320,411CYOtherExpensesAmt
PY Total Expenses$2,472,600PYTotalExpensesAmt
CY Total Expenses$1,187,576CYTotalExpensesAmt
PY Revenues Less Expenses-$1,333,161PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$12,849CYRevenuesLessExpensesAmt
Total Assets BOY$7,530,027TotalAssetsBOYAmt
Total Assets EOY$7,610,165TotalAssetsEOYAmt
Total Liabilities BOY$96,223TotalLiabilitiesBOYAmt
Total Liabilities EOY$71,208TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,433,804NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,538,957NetAssetsOrFundBalancesEOYAmt
MissionTO RECEIVE AND MAINTAIN FUNDS TO AID AND ADVANCE THE WELFARE, DEVELOPMENT, PURPOSES AND PROGRAMS OF HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND ALUMNI.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$805,592ExpenseAmt
Grant$478,803GrantAmt
DescSUPPORT FOR COLLEGE INITIATIVES, SCHOLARSHIPS, AND RELATED COSTS.Desc
Total Program Service Expenses$805,592TotalProgramServiceExpensesAmt
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 FootnoteYes (1)IncludeFIN48FootnoteInd
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 Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
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 Members25GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
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 Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REGINA M LAGATTABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5186298012PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
REGINA M LAGATTA
EXECUTIVE DIRECTOR14.0623.44Yes (X)$51,466$85,679$9,276
DAN AUNKST
DIRECTOR0.500.00$0$0$0Yes (X)
OMSALAMA SALOMA AYOUB
DIRECTOR0.500.00$0$0$0Yes (X)
DANIEL F CASALE
DIRECTOR0.500.00$0$0$0Yes (X)
APRIL CLAS
DIRECTOR0.500.00$0$0$0Yes (X)
PATRICK GAREAU
DIRECTOR0.500.00$0$0$0Yes (X)
JASON GRECO
DIRECTOR0.500.00$0$0$0Yes (X)
KENNETH W GREY
DIRECTOR0.500.00$0$0$0Yes (X)
ANDREA HANLEY
DIRECTOR0.500.00$0$0$0Yes (X)
MICHELLE HOGAN
DIRECTOR0.500.00$0$0$0Yes (X)
BRIAN HOLLOWOOD
DIRECTOR0.500.00$0$0$0Yes (X)
STEVEN KASSELMAN
DIRECTOR0.500.00$0$0$0Yes (X)
CORY A MARTIN
DIRECTOR0.500.00$0$0$0Yes (X)
ANGELICA MORRIS
DIRECTOR0.500.00$0$0$0Yes (X)
ARTHUR PAKATAR
DIRECTOR, FACULTY REP0.500.00$0$0$0Yes (X)
JEN ROBBINS
DIRECTOR0.500.00$0$0$0Yes (X)
PETER D SEMENZA
DIRECTOR0.500.00$0$0$0Yes (X)
TODD SILAIKA
DIRECTOR0.500.00$0$0$0Yes (X)
JORDAN STELLER
DIRECTOR (FROM FEB)0.500.00$0$0$0Yes (X)
VONNIE J VANNIER
DIRECTOR0.500.00$0$0$0Yes (X)
GORDON N ZUCKERMAN
DIRECTOR0.500.00$0$0$0Yes (X)
FRANK C SARRATORI
BOARD CHAIRPERSON0.500.00Yes (X)$0$0$0Yes (X)
KELLY KLOPFER
CO-VICE CHAIRPERSON0.500.00Yes (X)$0$0$0Yes (X)
MARK MITCHELL
CO-VICE CHAIRPERSON0.500.00Yes (X)$0$0$0Yes (X)
RICHARD M AMADON JR
TREASURER0.500.00Yes (X)$0$0$0Yes (X)
ANTHONY CARNEVALE
SECRETARY0.500.00Yes (X)$0$0$0Yes (X)
LESLIE KING
FORMER CO-VICE CHAIRPERSON (TO DEC)0.500.00$0$0$0Yes (X)
CHARLES CHAT ROBINSON
FORMER TREASURER (TO MARCH)0.500.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$51,466TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$85,679TotReportableCompRltdOrgAmt
Total Other Compensation$9,276TotalOtherCompensationAmt
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$950,475AllOtherContributionsAmt
Total Contributions$950,475TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$130,528TotalRevenueColumnAmt
Exclusion$130,528ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,834,407SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,782,490SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$51,917SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,917TotalRevenueColumnAmt
Exclusion$51,917ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$155,807FundraisingGrossIncomeAmt
Fundraising Direct Expenses$114,000FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,807TotalRevenueColumnAmt
Exclusion$41,807ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,174,727TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$224,252ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$478,803TotalAmt
Program Services$478,803ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$62,507TotalAmt
Program Services$17,091ProgramServicesAmt
Management And General$17,561ManagementAndGeneralAmt
Fundraising$27,855FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$248,193TotalAmt
Program Services$80,376ProgramServicesAmt
Management And General$118,237ManagementAndGeneralAmt
Fundraising$49,580FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$56,250TotalAmt
Program Services$20,375ProgramServicesAmt
Management And General$23,306ManagementAndGeneralAmt
Fundraising$12,569FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,412TotalAmt
Program Services$7,756ProgramServicesAmt
Management And General$8,872ManagementAndGeneralAmt
Fundraising$4,784FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,000TotalAmt
Management And General$13,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$44,449TotalAmt
Management And General$44,449ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$10,083TotalAmt
Management And General$2,822ManagementAndGeneralAmt
Fundraising$7,261FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,384TotalAmt
Management And General$1,384ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$13,516TotalAmt
Management And General$13,516ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$18,535TotalAmt
Program Services$5,865ProgramServicesAmt
Management And General$8,085ManagementAndGeneralAmt
Fundraising$4,585FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,881TotalAmt
Program Services$78ProgramServicesAmt
Management And General$4,722ManagementAndGeneralAmt
Fundraising$81FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,242TotalAmt
Management And General$2,668ManagementAndGeneralAmt
Fundraising$574FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,102TotalAmt
Management And General$2,102ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPORT FOR COLLEGE PRO$192,960$192,960
PRINTING AND POSTAGE$10,588$2,288$849$7,451
OTHER EXPENSES$4,695$4,695
PROGRAM AND EVENT SUPPL$976$976

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,187,576TotalAmt
Program Services$805,592ProgramServicesAmt
Management And General$266,268ManagementAndGeneralAmt
Fundraising$115,716FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$810,820BOYAmt
EOY$763,249EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$76,464BOYAmt
EOY$58,569EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,090BOYAmt
EOY$9,073EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,417,469BOYAmt
EOY$6,619,253EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$212,184BOYAmt
EOY$160,021EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,530,027BOYAmt
EOY$7,610,165EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,892BOYAmt
EOY$68,208EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$47,331BOYAmt
EOY$3,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$96,223BOYAmt
EOY$71,208EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$484,859BOYAmt
EOY$443,027EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,948,945BOYAmt
EOY$7,095,930EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,433,804BOYAmt
EOY$7,538,957EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,530,027BOYAmt
EOY$7,610,165EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$12,849ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$118,002NetUnrlzdGainsLossesInvstAmt
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$2,248,942CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,434,444CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,309,314CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,329CurrentTaxYearMinus1YearAmt
Current Tax Year$950,475CurrentTaxYearAmt
Total$6,864,504TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,248,942CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,434,444CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,309,314CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,329CurrentTaxYearMinus1YearAmt
Current Tax Year$950,475CurrentTaxYearAmt
Total$6,864,504TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$972,772SubstantialContributorsTotAmt
Public Support Total170$5,891,732PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$113,782CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$111,862CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$117,615CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$128,768CurrentTaxYearMinus1YearAmt
Current Tax Year$130,528CurrentTaxYearAmt
Total$602,555TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$34,170CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,291CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$48,237CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,557CurrentTaxYearMinus1YearAmt
Current Tax Year$41,807CurrentTaxYearAmt
Total$185,062TotalAmt
FieldValueIRS element (for citing)
Total Support$7,652,121TotalSupportAmt
Public Support CY1700.76990PublicSupportCY170Pct
Public Support PY1700.79420PublicSupportPY170Pct
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$5,453,479BeginningYearBalanceAmt
Contributions$151,694ContributionsAmt
Investment Earnings Or Losses$247,228InvestmentEarningsOrLossesAmt
Other Expenditures$234,360OtherExpendituresAmt
End Year Balance$5,618,041EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,178,147BeginningYearBalanceAmt
Contributions$221,738ContributionsAmt
Investment Earnings Or Losses$276,828InvestmentEarningsOrLossesAmt
Other Expenditures$223,234OtherExpendituresAmt
End Year Balance$5,453,479EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,881,737BeginningYearBalanceAmt
Contributions$110,444ContributionsAmt
Investment Earnings Or Losses$394,576InvestmentEarningsOrLossesAmt
Other Expenditures$208,610OtherExpendituresAmt
End Year Balance$5,178,147EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,468,882BeginningYearBalanceAmt
Contributions$90,913ContributionsAmt
Investment Earnings Or Losses$519,010InvestmentEarningsOrLossesAmt
Other Expenditures$197,068OtherExpendituresAmt
End Year Balance$4,881,737EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,484,177BeginningYearBalanceAmt
Contributions$120,317ContributionsAmt
Investment Earnings Or Losses$37,985InvestmentEarningsOrLossesAmt
Other Expenditures$173,597OtherExpendituresAmt
End Year Balance$4,468,882EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.74160PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.25840TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,406,729TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$118,002NetUnrealizedGainsInvstAmt
Other Revenue$114,000OtherRevenueAmt
Revenue Not Reported$232,002RevenueNotReportedAmt
Revenue Subtotal$1,174,727RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,174,727TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,301,576TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$114,000OtherExpensesIncludedAmt
Expenses Not Reported$114,000ExpensesNotReportedAmt
Expenses Subtotal$1,187,576ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,187,576TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:INTENDED USES OF THE FOUNDATION'S ENDOWMENT FUNDS: SUPPORT FOR THE MISSION AND ACTIVITIES OF THE HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND FACULTY.
PART X, LINE 2:FASB ASC 740 FINANCIAL STATEMENTS FOOTNOTE PERTAINING TO LIABILITY FOR UNCERTAIN TAX POSITIONS: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS HOWEVER REQUIRED TO FILE AN INFORMATIONAL RETURN (FEDERAL FORM 990). THE FOUNDATION BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 114,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES 114,000.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF CLASSICEvent1Nm
Gross Receipts Event1$82,135GrossReceiptsEvent1Amt
Gross Revenue Event1$82,135GrossRevenueEvent1Amt
Non Cash Prizes Event1$1,025NonCashPrizesEvent1Amt
Food And Beverage Event1$18,909FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$21,774OtherDirectExpensesEvent1Amt
Event2GALAEvent2Nm
Gross Receipts Event2$73,672GrossReceiptsEvent2Amt
Gross Revenue Event2$73,672GrossRevenueEvent2Amt
Food And Beverage Event2$44,636FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$27,656OtherDirectExpensesEvent2Amt
Gross Receipts Total$155,807GrossReceiptsTotalAmt
Gross Revenue Total Events$155,807GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$1,025NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$63,545FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$49,430OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$114,000DirectExpenseSummaryEventsAmt
Net Income Summary$41,807NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient190RecipientCnt
Cash Grant$478,803CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: USE OF GRANT FUNDS IS MONITORED BY THE ADMINISTRATION OF HUDSON VALLEY COMMUNITY COLLEGE FOR COMPLIANCE WITH GRANT TERMS AND APPLICABLE FEDERAL REGULATIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERS OR STOCKHOLDERS: THE HUDSON VALLEY COMMUNITY COLLEGE IS THE SOLE MEMBER OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7APOWER TO ELECT OR APPOINT MEMBERS OF THE GOVERNING BODY: THE HUDSON VALLLEY COMMUNITY COLLEGE, AS SOLE MEMBER, HAS THE POWER TO APPOINT OR REMOVE ALL DIRECTORS OF THE FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7BGOVERNANCE DECISION RESERVED TO OR SUBJECT TO APPROVAL OF MEMBER: THE HUDSON VALLEY COMMUNITY COLLEGE, AS SOLE MEMBER, HAS OVERRIDING POWERS ENCOMPASSING ALL ASPECTS OF THE FOUNDATION'S GOVERNANCE AND OPERATIONS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCEDURE: THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD OF DIRECTORS REVIEWS THE DOCUMENT AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS TO APPROVE THE DOCUMENT PRIOR TO FILING. THE FINAL FORM 990 IS REVIEWED AND APPROVED BY THE HUDSON VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY PROCEDURES: ACKNOWLEDGMENT OF ACCEPTANCE OF CONFLICT OF INTEREST POLICY AND CONTINUING COMPLIANCE THEREWITH IS REQUIRED OF DIRECTORS AND OFFICERS UPON APPOINTMENT AND AT LEAST ANNUALLY THEREAFTER. INDIVIDUALS SUBJECT TO ANY CONFLICT OR POSSIBLE PERCEPTION OF CONFLICT ARE REQUIRED TO DECLARE THE SAME AND TO RECUSE THEMSELVES FROM THE DELIBERATIVE AND DECISION-MAKING PROCESSES ON MATTERS SUBJECT TO SUCH CONSIDERATIONS.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY TO THE PUBLIC OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS: THESE ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1HUDSON VALLEY COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line180 VANDENBURGH AVENUEAddressLine1Txt
CityTROYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12180ZIPCd
FieldValueIRS element (for citing)
EIN146009464EIN
Primary ActivitiesHIGHER EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER TRUSTS (2)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesINVESTMENTPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
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

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.