2021-03-30T14:33:41-05:00 2020-06-30 PKF O'Connor Davies LLP Four Corporate Dr Suite 488 Shelton CT 06484 990 2019-07-01 061291848 HOUSATONIC COMMUNITY COLLEGE FOUNDATION INC % KRISTY JELENIK HOUS 2033325078 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 KRISTY JELENIK EXECUTIVE DIRECTOR 2033325078 2021-03-11 true Jennifer S Bull CPA P00448361 2039293535 2019 2022-09-23 18:48:47Z KRISTY JELENIK 900 LAFAYETTE BOULEVARD BRIDGEPORT CT 066044703 1884543 false X http://www.housatonic.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 18 17 6 25 0 1229623 1065016 0 0 -2957 42765 36745 -50988 1263411 1056793 453204 585511 0 0 70254 93757 0 0 55881 1024103 638457 1547561 1317725 -284150 -260932 1896447 1622214 181948 113298 1714499 1508916 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 499530 EACH SEMESTER, THE HCC FOUNDATION AWARDS SCHOLARSHIPS TO A WIDE RANGE OF STUDENTS IN RECOGNITION OF THEIR OUTSTANDING ACADEMIC PERFORMANCE AND/OR THEIR FINANCIAL NEED. WHERE 60 PERCENT OF HCC'S STUDENTS QUALIFY FOR FINANCIAL AID AND 90 PERCENT OF STUDENTS IN THE HCC FOUNDATION SCHOLARSHIP PROGRAM MEET INTAKE GUIDELINES FOR FINANCIAL NEED, THE SCHOLARSHIP PROGRAM IS A VITALLY NEEDED RESOURCE. 588777 STUDENT SUCCESS INCLUDES THE FAMILY ECONOMIC SECURITY PROGRAM IN PARTNERSHIP WITH FAIRFIELD COUNTYS COMMUNITY FOUNDATION, THIS IS AN AWARD-WINNING PROGRAM DESIGNED TO PROVIDE WRAP AROUND SERVICES FOR 400 HEAD OF HOUSEHOLD STUDENTS TO ENSURE THEIR ACADEMIC SUCCESS AND VOCATIONAL TRAINING. THE PROGRAM HAS AN 86% RETENTION RATE. 76271 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. 1164578 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 21 0 true 6 true false false false false false true true false false false false X 18 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 0 114943 0 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 CPA DIRECTOR 1.0 0.0 X 0 0 0 BRUCE MURRAY PRESIDENT 1.0 0.0 X X 0 0 0 LINDY LEE 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 Robert A Scinto Director 1.0 0.0 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 SCOTT SPECTOR DIRECTOR 1.0 0.0 X 0 0 0 LIZ BALL DIRECTOR 1.0 0.0 X 0 0 0 RACHEL CAIN FACULTY REPRESENTATIVE 1.0 0.0 X 0 0 0 THOMAS COLEY REGIONAL PRESIDENT 1.0 0.0 X 0 0 0 LEAH DAVENPORT DIRECTOR 1.0 0.0 X 0 0 0 LAURIE GILES DIRECTOR 1.0 0.0 X 0 0 0 0 114943 0 0 false false false NONE 0 X 122182 942834 1065016 0 38033 38033 0 0 0 0 0 752231 747499 4732 4732 29263 122182 80251 -50988 0 0 0 0 0 0 0 1056793 38033 0 585511 585511 0 0 0 0 85922 74180 11742 0 0 7835 6791 1044 0 0 70096 70096 0 0 0 2380 2380 24130 7886 2503 13741 17169 9501 7668 21427 6500 14927 0 0 0 0 0 0 0 0 0 STUDENT SUPPORT - PROGRAMS 419318 419318 CONSERVATION AND EXHIBITS 29626 29626 STUDENT TRAINING 14826 14826 GRANT WRITING 19545 19545 19940 19940 1317725 1164578 97266 55881 473831 194775 54462 131374 20000 10000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1309453 1268135 0 0 0 0 0 0 38701 17930 1896447 1622214 147046 113298 0 0 34902 0 0 0 0 0 0 0 0 0 0 0 0 0 181948 113298 X 164193 282902 1550306 1226014 1714499 1508916 1896447 1622214 X -260932 55349 X false true true false X 723075 848435 1540450 1266368 1014028 5392356 0 0 723075 848435 1540450 1266368 1014028 5392356 2577003 2815353 69658 33058 67534 37421 38033 245704 0 0 5638060 0.49935 0.54524 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 916178 2500 43944 23586 939036 900565 500 56540 41427 916178 877889 550 61425 39299 900565 800254 650 95049 18064 877889 830222 0 16104 46072 800254 false false 1334961 15561 272607 288168 1046793 10000 10000 1056793 1540544 272607 272607 1267937 49788 49788 1317725 TAX/BOOK REVENUE RECONCILIATION DIFFERENCE RELATES TO CASH TO ACCRUAL CONVERSION OF $10,000 TAX/BOOK EXPENSE RECONCILIATION DIFFERENCES RELATEs TO CASH TO ACCRUAL CONVERSION $49,788. GIVING DAY 37995 23932 14063 6954 HALL OF FAME 113450 98250 15200 73297 0 151445 122182 29263 80251 80251 -50988 true SCHOLARSHIPS 427 418254 N/A N/A OTHER STUDENT ASSISTANCE 381 83330 N/A N/A EMERGENCY FUNDS 267 33981 21000 FMV Gift Cards PROGRAM GRANTS 267 20690 N/A N/A AWARDS 14 8256 N/A 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 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 BASE 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 & 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 PAID DIRECTLY TO VENDOR FOR EXPENESES SUCH AS CERTIFICATION EXAM FEES & REVIEW BOOKS; SOFTWARE LICENSE, ETC. 3. EMERGENCY FUND ASSISTANCE IS OFFERED TO STUDENTS TO HELP MEET OR DEFRAY AN URGENT OR OFTEN UNEXPECTED EXPENSE. APPLICATIONS ARE REVIEWED & APPROVED BY FOUNDATION COMMITTEE. FUNDS ARE TYPICALLY PAID DIRECTLY TO A VENDOR AND CAN BE PAID TO A STUDENT AS A REIMBURSEMENT. IN SOME CASES, DEPENDING ON NEED, A GIFTCARD TO A LOCAL GROCERY STORE IS ISSUED. THIS CAME ABOUT WHEN COVID-19 HIT AND FOOD INSECURITY BECAME A BIGGER ISSUE FOR SOME STUDENTS. 4. PROGRAMS GRANTS WERE ISSUED BASED ON PERFORMANCE. THE GRANTS WERE THROUGH THE VENTURELAB/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 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. 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. RECONCILIATION OF NET ASSETS UNREALIZED GAIN ON INVESTMENTS $(15,561) CASH TO ACCRUAL ADJUSTMENT FOR REVENUE 10,000 CASH TO ACCRUAL ADJUSTMENT FOR EXPENSES (49,788) --------- ($55,349) 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,N 272607