2021-12-07T18:23:12-06:00 2021-06-30 PKF O'Connor Davies LLP Four Corporate Dr Suite 488 Shelton CT 06484 990 2020-07-01 061291848 HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC % KRISTY JELENIK HOUS 2033325078 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 KRISTY JELENIK EXECUTIVE DIRECTOR 2033325078 2021-11-10 true KRISTY JELENIK 999009999 Jennifer S Bull CPA P00448361 2039293535 2021-11-10 2 2020 2022-09-23 18:48:47Z KRISTY JELENIK 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 1586138 false X http://www.hcc.commnet.edu X 1990 CT THE FOUNDATION SUPPORTS THE MISSION OF HOUSATONIC COMMUNITY COLLEGE BY GRANTING SCHOLARSHIPS AND GRANTS TO STUDENTS OF THE COLLEGE AND SUPPORTING VARIOUS COLLEGE PROGRAMS 17 17 3 25 0 1065016 1027972 0 0 42765 88718 -50988 26097 1056793 1142787 585511 617710 0 0 93757 163217 0 0 66506 638457 178289 1317725 959216 -260932 183571 1622214 2131357 113298 218965 1508916 1912392 THE HOUSATONIC COMMUNITY COLLEGE FOUNDATION IS A UNIQUE AND VITAL RESOURCE THAT WORKS TO SUPPORT THE MISSION OF HOUSATONIC COMMUNITY COLLEGE. THE FOUNDATION WAS ESTABLISHED IN 1990 WHEN A SMALL BUT DEDICATED GROUP OF CITIZENS FROM THE REGION JOINED TOGETHER TO RAISE FUNDS TO ASSIST LOCAL STUDENTS. TODAY, THE FOUNDATION 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. HOUSATONIC COMMUNITY COLLEGE CONTINUES TO THRIVE IN ITS ROLE AS A DYNAMIC AND SUPPORTIVE ACADEMIC INSTITUTION. AS THE COLLEGE HAS GROWN, SO HAS THE FOUNDATION. WE STRIVE 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. OUR FUNDRAISING EFFORTS SUPPORT SCHOLARSHIPS, TUITION ASSISTANCE, TUTORING, CHILDCARE AND TEXTBOOKS FOR STUDENTS. WE ALSO false false 238673 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 THE 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. 429016 THE 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 THE HCC FOUNDATION INCLUDING THE FAMILY ECONOMIC SECURITY PROGRAM AND THE EQUITY PROJECT; BOTH PROGRAMS FOCUS IN INCREASING STUDENT RETENTION AND COMPLETION, AS WELL AS FINANCIAL LITERACY AND PERSONAL DEVELOPMENT. 112399 THE HOUSATONIC MUSEUM OF ART (HMA) IS HOME TO ONE OF THE PREMIER COMMUNITY COLLEGE ART COLLECTIONS IN THE UNITED STATES. THROUGH ITS MISSION AS A CITY-BASED CAMPUS MUSEUM, HMA HAS THREE MAIN FOCUS AREAS: EXHIBITIONS, EDUCATION AND CONSERVATION. THIS PERMANENT COLLECTION IS ON CONTINUOUS DISPLAY THROUGHOUT THE 300,000 SQUARE FOOT FACILITY, OFFERING OVER 6,000 STUDENTS AND OVER 10,000 ANNUAL VISITORS TO VIEW AND INTERACT WITH THE ART ON A DAILY BASIS. THE ART COLLECTION IS OWNED AND MAINTAINED BY THE COLLEGE, THE FOUNDATION RECEIVES CONTRIBUTIONS TO SUPPORT HMA. 780088 true true false false false false false false false true false false false false false false true false false false false false false false true false false false true false false false false false false false false false false false false false false true true true false false true 20 0 true 3 true false false false false false true true false false false false false false X 17 17 false false false false false false false true true false false true true true true true true false false false CT X X KRISTY JELENIK 2033325078 900 LAFAYETTE BLVD BRIDGEPORT CT 06604 X KRISTY JELENIK EXECUTIVE DIRECTOR 40.0 0.0 X 62081 0 19519 CARMEN COLON DIRECTOR 1.0 0.0 X 0 0 0 BEN MAINI CPA DIRECTOR 1.0 0.0 X 0 0 0 MATT MCCARTHY DIRECTOR 1.0 0.0 X 0 0 0 BRUCE MURRAY PRESIDENT 1.0 0.0 X X 0 0 0 LINDY GOLD DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER RALLO DIRECTOR 1.0 0.0 X 0 0 0 Bradley A Hardy TREASURER 1.0 0.0 X X 0 0 0 Enrico R Costantini SECRETARY 1.0 0.0 X X 0 0 0 JUDITH CORPREW VICE PRESIDENT 1.0 0.0 X X 0 0 0 KELLIE TAYLOR STUDENT REPRESENTATIVE 1.0 0.0 X 0 0 0 LIZ BALL DIRECTOR 1.0 0.0 X 0 0 0 JENNIFER CUTRALI DIRECTOR 1.0 0.0 X 0 0 0 LEAH DAVENPORT DIRECTOR 1.0 0.0 X 0 0 0 MARILYN FORD DIRECTOR 1.0 0.0 X 0 0 0 ANDREA JONES DIRECTOR 1.0 0.0 X 0 0 0 RACHEL CAIN HCC FACULTY REPRESENTATIVE 1.0 0.0 X 0 0 0 DOUG WADE DIRECTOR 1.0 0.0 X 0 0 0 62081 0 19519 0 false false false NONE 0 12000 1015972 1027972 0 11966 11966 0 0 0 0 0 518362 441610 76752 76752 27838 1741 26097 0 0 0 0 0 0 0 1142787 11966 0 617710 617710 0 0 62081 6208 12416 43457 0 65420 48085 8087 9248 0 32422 19923 9138 3361 3294 1548 692 1054 0 0 55561 55561 0 0 0 1454 1454 5793 5793 5981 2388 3593 22886 22886 0 0 0 0 0 0 0 0 0 MUSEUM EXPENSE 72593 72593 STUDENT TRAINING 4901 4901 OTHER 9120 9120 959216 780088 112622 66506 194775 409805 131374 0 0 0 10000 0 0 0 0 0 0 0 0 0 0 0 0 0 1268135 1708132 0 0 0 0 0 0 17930 13420 1622214 2131357 113298 218965 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 113298 218965 X 282902 478927 1226014 1433465 1508916 1912392 1622214 2131357 183571 219905 X false true X true false X 848435 1540450 1266368 1014028 1054069 5723350 0 0 848435 1540450 1266368 1014028 1054069 5723350 2864214 2859136 33058 67534 37421 38033 11966 188012 0 0 5911362 0.48367 0.49930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 939036 120000 153771 22667 1190140 916178 2500 43944 23586 939036 900565 500 56540 41427 916178 877889 550 61425 39299 900565 830222 16104 46072 800254 1601515 219905 238823 458728 1142787 1142787 1198039 238823 238823 959216 959216 GIVING DAY 37838 10000 27838 1741 HALL OF FAME 2000 2000 0 39838 12000 27838 1741 1741 26097 true SCHOLARSHIPS AND AWARDS 310 197814 N/A N/A OTHER STUDENT ASSISTANCE 450 419896 N/A ADDITIONAL INFORMATION REGARDING GRANT ASSISTANCE TO INDIVIDUALS IN MONITORING THE USE OF GRANT FUNDS IN THE U.S. 1. SCHOLARSHIPS ARE NEEDS-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 TUITION ONCE THE SEMESTER STARTS. THE COLLEGE MONITORS IF THE STUDENT WITHDRAWS AND ISSUES THE FOUNDATION A REFUND WHERE APPROPRIATE. 2. OTHER ASSISTANCE IS OFFERED ON A NEEDS 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. 3. 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 COMMITTEE. 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. 4. PROGRAMS GRANTS WERE ISSUED BASED ON PERFORMANCE. THE GRANTS WERE THROUGH THE VENTURE LAB/ENTREPRENEURIAL PROGRAM AND ISSUED TO STUDENTS WHO PRESENTED A VIABLE IDEA FOR A NEW BUSINESS OR PRODUCT. GRANTS WERE TYPICALLY ISSUED FOR START-UP COSTS AND SUPPLIES. PROGRESS WAS MONITORED BY THE PROGRAM DIRECTOR FROM THE COLLEGE. 5. AWARDS ARE ISSUE 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. Conflict of Interest Each 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 agreed to comply with the policy. GENERAL DOCUMENTS THE ORGANIZATION MAKES ITS 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 Form 990 Section VI HOUSATONIC COMMUNITY COLLEGE FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED 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, THE FORM 990 IS FILED WITH THE STATE AND FEDERAL GOVERNMENTS. CASH TO ACCRUAL DURING FISCAL YEAR END JUNE 30, 2021, THE FOUNDATION CHANGED ITS ACCOUNTING METHOD USED TO PREPARE THE FORM 990 FROM CASH TO ACCRUAL TO MORE ACCURATELY REFLECT THE FOUNDATION'S INTERNAL ACCOUNTING METHOD AND THE AUDITED FINANCIAL STATEMENTS HOUSATONIC COMMUNITY COLLEGE 900 LAFAYETTE BLVD BRIDGEPORT CT 06604 134130869 SCHOOL CT 170(C) (1) N/A true false false false false false false false false false false false false true true true false false false HOUSATONIC COMMUNITY COLLEGE O,P 238823 COST