2021-04-12T10:30:19-05:00 2020-06-30 350921680 CROWE LLP 488 Madison Avenue Floor 3 New York NY 100225702 990 2019-07-01 221494428 Bloomfield College BLOO 9737489000 467 Franklin Street Bloomfield NJ 07003 William McDonald VP of Finance and Administration 2021-04-12 true Rachel Spurlock P00520729 2125725500 2019 2022-09-23 18:48:47Z Marcheta Evans 467 Franklin Street Bloomfield NJ 07003 64072916 false X WWW.BLOOMFIELD.EDU X 1868 NJ TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. 34 31 849 33 0 0 3489864 4219038 55721252 53686043 1125781 1875623 1007254 144467 61344151 59925171 19581450 20399663 0 25484004 24421102 49843 34027 745981 18757073 17100485 63872370 61955277 -2528219 -2030106 104114864 104842913 40921366 44033607 63193498 60809306 TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. false false 51225866 20399663 53686043 BLOOMFIELD COLLEGE IS AN INDEPENDENT COLLEGE HISTORICALLY RELATED TO THE PRESBYTERIAN CHURCH (U.S.A.). LOCATED IN THE NEW JERSEY-NEW YORK METROPOLITAN REGION, THE COLLEGE OFFERS ACADEMIC PROGRAMS LEADING TO THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES, AND MASTERS IN ACCOUNTING, FINE ARTS AND EDUCATION. The mission of Bloomfield college is: to prepare students to attain academic, personal and professional excellence in a multicultural and global society. Programs of study are rooted in the liberal arts, and assist students in obtaining the skills, knowledge, and values they need to become empowered individuals engaged in renewing themselves, their relationships, their workplaces, and their communities. The Fall 2019 student body was approximately 1,629 (graduate & under-graduate) students. The undergraduate student body is 61.5% female, 47.5% African American, 32.5% Hispanic, and 9.3% White. Many Bloomfield College students are first generation college students, or are professionals seeking to keep pace with a changing market place. As of the Fall 2019, 529 students resided on campus. In the Fall of 2019, Bloomfield College enrolled 519 new freshman and transfer students; 396 of these new students were full-time traditional undergraduate freshmen. 98.8% OF FRESHMEN AND 96.3% OF CONTINUING STUDENTS RECEIVED SOME FORM OF AID. AID IS DISTRIBUTED AS: 76% SCHOLARSHIPS AND GRANTS, 18% STUDENT LOANS, 5% PARENTAL LOANS AND 1% JOBS. A TOTAL OF 429 ENROLLED FRESHMEN WERE JUDGED TO HAVE NEED, AND ALL 429 OF THESE WERE OFFERED AID. As of the Fall 2019 the faculty comprised of 60 full time professors (23 male and 37 female) plus 121 adjunct professors. The administration and staff (minus faculty) is comprised of 145 full-time and 52 part-time employees. Many of the faculty and administration are national leaders in scholarship, developing innovative ways to meet the intellectual, social and demographic changes in society. Bloomfield college offers over 60 majors and areas of concentration as well as other special learning opportunities such as honors programs and study abroad. In addition to the undergraduate curriculum, we also have a large non-credit continuing education program with our office of international training and professional studies (ITPS). ITPS offers online certificate programs for the career oriented student. They also have customized corporate courses. The American language center has year round ESL classes for those looking to improve their English skills. in addition, they are linked globally with many schools and universities for training of international students in English, nursing, education, hospitality, and other fields of study. 51225866 true true false false false false false false true true false false false true true true false true false true false false true true false false false true true false false false false true false false true true false false false false false false false false true 2476 0 true 849 true false false false false false true true false false false false false false X 34 31 false false false false false false false true true false false true true true true true true true true false X CINDY MCDANIEL 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 Dr Maureen C Grant Trustee (Hiatus from 08/2019 to 05/2020) Interim VPAA 38.0 X X 53825 0 857 Joanne T Marren Esq Secretary 2.0 X X 0 0 0 John J Delucca Vice Chair 2.0 X X 0 0 0 Marcheta Evans President (begin 6/1/2019) 38.0 X X 280951 0 15799 William H Turner III Chairman 4.0 X X 0 0 0 Adebola A Taiwo Trustee 2.0 X 0 0 0 Adrian A Shelby LLD Trustee 1.0 X 0 0 0 Alisa C Norris Trustee 1.0 X 0 0 0 Brian F Doran Esq Trustee 1.0 X 0 0 0 Carmen A Corrales Esq Trustee 1.0 X 0 0 0 Carolyn Glynn Trustee (term 10/4/2019) 1.0 X 0 0 0 Craig B Lindsay Trustee 1.0 X 0 0 0 Dr Nicholas Carlozzi Trustee 1.0 X 0 0 0 Dr Steven M Rose Trustee 1.0 X 0 0 0 Dr Thomas Wilfrid Trustee 1.0 X 0 0 0 Edward C Heftman Trustee 1.0 X 0 0 0 Geoffrey M Connor Esq Trustee 2.0 X 0 0 0 Glenn M Reiter Esq Trustee 2.0 X 0 0 0 Hank Uberoi Trustee 2.0 X 0 0 0 Hector O Banegas CTFA Trustee 1.0 X 0 0 0 Jacquie Colgan Trustee 2.0 X 0 0 0 Jim Axelrod Trustee 1.0 X 0 0 0 Joel M Weiner Trustee 1.0 X 0 0 0 John G Panagakis CEBS Trustee 1.0 X 0 0 0 John Skowronski Trustee 2.0 X 0 0 0 Jonathan B Simon Trustee 2.0 X 0 0 0 Josean Fernandez CAIA Trustee 1.0 X 0 0 0 Larry I Sills Trustee 1.0 X 0 0 0 Melissa Bastan Trustee 1.0 X 0 0 0 Nancy H Van Duyne Trustee 1.0 X 0 0 0 Sandra L Gonzalez Esq Trustee 1.0 X 0 0 0 Sanford B Prater Trustee 2.0 X 0 0 0 Stephanie Lawson-Muhammad Trustee 1.0 X 0 0 0 Stephen A Glasser Trustee 2.0 X 0 0 0 Vernon M Endo Trustee 2.0 X 0 0 0 Kevin Cavanaugh VP of Enrollment Management 38.0 X 189005 0 16731 Michael Pallidino VP Academic Affairs (Begin 5/1/2020) 38.0 X 0 0 0 Nicole Quinn Interim VP of Institutional Advancement 38.0 X 111220 0 13191 Patrick Lamy VP Student Affairs 38.0 X 158489 0 45347 Peter Jeong VP Global Programs and Professional Studies (end 5/31/2020) 38.0 X 400229 0 85897 Sarah Lacz VP of Institutional Advancement (Begin 3/16/2020) 38.0 X 0 0 0 Tresmaine Grimes VP Academic Affairs (thru September 2019) 38.0 X 175426 0 47654 William McDonald VP Finance & Administration 38.0 X 213522 0 65682 Andrew Gerstmyer Director Enterprise Information Systems 38.0 X 124377 0 16867 Cynthia McDaniel Assistant VP of Finance 38.0 X 122894 0 37518 Ismatt Mikky Professor 38.0 X 164333 0 107982 Maria Vogt Professor 38.0 X 117152 0 39582 Neddie Serra Professor 38.0 X 140623 0 29884 Richard Levao Former President (until 5/31/2019) 38.0 X 463182 0 46176 2715228 0 569167 36 true true false Gourmet Dining Services 285 Madison Ave Madison NJ 07940 Food service 2110331 Joseph A Natoli Construction Inc 293 Changebridge Rd Pine Brook NJ 07058 Construction Services 626802 Air Group 1 Prince Road Whippany NJ 07981 HVAC Services 395117 Allied Universal Security Service PO Box 828854 Philadelphia PA 19182 Security Services 353146 ABM Industries Inc PO Box 643823 Pittsburgh PA 15264 Cleaning Services 339107 11 3193736 1025302 143374 4219038 Tuition and Fees 611310 47162423 47162423 AUXILIARY SALES AND SERVICES 611710 6523620 6523620 0 0 0 0 53686043 500211 500211 12910 12910 0 12910 12910 4975960 547197 4090548 57197 885412 490000 1375412 1375412 0 0 Parking 611710 37103 37103 Vending 611710 29996 29996 AP Vendor Rebate 900099 23959 23959 40499 0 0 40499 131557 59925171 53686043 0 2020090 20399663 20399663 2180755 1172438 742438 265879 16861267 13162210 3599612 99445 1241886 973105 260055 8726 2710101 1984739 670553 54809 1427093 1079207 322010 25876 214867 214867 115590 115590 34027 34027 2143963 877638 1195069 71256 26605 23855 2750 0 841692 653606 155752 32334 1122271 1030321 80776 11174 2416826 2218810 173952 24064 332783 320559 10321 1903 579890 473095 87119 19676 1392667 1392667 4276566 3926177 307808 42581 443657 143191 300466 Food Service (for students) 1440853 1440853 Bad Debt 753791 753791 Other Program Costs 305780 284974 16017 4789 Membership & Dues 233624 66416 146353 20855 459060 241218 189255 28587 61955277 51225866 9983430 745981 153168 221190 11392868 17182506 2250044 1149009 709792 595680 0 0 0 0 632080 775929 122335895 52770145 73265161 69565750 15672771 15313869 0 0 38980 38980 104114864 104842913 2341483 2308383 1076750 645094 0 0 36380065 35693504 0 4384749 1123068 1001877 40921366 44033607 X 45958550 44516770 17234948 16292536 63193498 60809306 104114864 104842913 X -2030106 -346086 -8000 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14255359 195450 889779 727608 376165 27131 14209684 15133519 263753 982083 1404132 698966 20898 14255359 14403501 209470 1082031 375200 163542 22741 15133519 12605067 1360557 1468287 572908 432531 24971 14403501 13062407 155945 -106970 338335 147473 20507 12605067 0.0879 0.7276 0.1845 false false 3327045 3327045 100980637 36187855 64792782 2800152 2363953 436199 15217379 14218337 999042 10682 10682 69565750 ACCRUED RETIREMENT BENEFIT OBLIGATION 572785 CONDITIONAL ASSET RETIREMENT OBLIGATION 243541 CAPITAL LEASE OBLIGATIONS 185551 1001877 X 40152297 -346086 -19426788 -19772874 59925171 0 0 59925171 42536489 8000 8000 42528489 19426788 19426788 61955277 Schedule D, Part IV, Line 1a Prior Period Change There was a prior period adjustment of $1 to the beginning endowment balance for FY18. Schedule D, Part V, Line 4 Intended uses of endowment funds The endowment consists of approximately 100 individual funds established for a variety of purposes (scholarships and program support). It includes both donor-restricted funds and funds designated by the Board of Trustees to function as endowments. The College has adopted investment and spending policies for endowment assets that provide a predictable stream of funding to programs supported by its endowment funds while also maintaining the purchasing power of those endowment assets over the long-term. The College has a policy of appropriating for distribution each year 4% of its endowment fund's average fair value of the average of the prior twelve quarters preceding the fiscal year in which the distribution is planned. The payout for FY20 was increased to 7.785% Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF THE NEW JERSEY STATE INCOME TAX LAWS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2020 AND 2019. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENTS OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SCHOLARSHIP ALLOWANCES - -19426788 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 UNCOLLECTIBLE PLEDGES - 8000 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIP ALLOWANCES - 19426788 true true true true true true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY DURING THE REGISTRATION PERIOD, THE NONDISCRIMINATORY POLICY IS PUBLISHED THROUGH THE COURSE OFFERING CATALOG (PAGE 2) WHICH IS GIVEN TO EVERY STUDENT. WHEN RECRUITING STUDENTS THROUGH THE MAIL, ALL SOLICITATION MATERIALS ALWAYS CONTAIN THE NONDISCRIMINATORY POLICY. East Asia and the Pacific 0 0 Program Services Student recruitment 12124 Europe (Including Iceland and Greenland) 0 0 Program Services Research 2254 0 0 0 0 0 0 14378 0 14378 false false false false false false X X X X X X X true Ruffalo Noel Levitz LLC PO BOX 3018 CEDAR RAPIDS IA 524063018 FUNDRAISING false 32318 34027 -1709 32318 34027 -1709 NJ 0 0 0 0 true INSTITUTIONAL TUITION ASSISTANCE 1579 19426788 INSTITUTIONAL TUITION ASSISTANCE - CARES ACT FUNDING 1364 972875 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE ORGANIZATION ISSUES GRANTS TO QUALIFIED INDIVIDUALS. THE GRANT FUNDS ARE THEN USED DIRECTLY AGAINST THE STUDENT'S ACCOUNT AS PAYMENT TOWARDS HIS OR HER COLLEGE EDUCATION. X true true X X X X true false false false false false false true false Marcheta Evans President (begin 6/1/2019) 183750 0 0 0 97201 0 13125 0 2674 0 296750 0 0 0 Peter Jeong VP Global Programs and Professional Studies (end 5/31/2020) 400079 0 0 0 150 0 28000 0 57897 0 486126 0 0 0 William McDonald VP Finance & Administration 213372 0 0 0 150 0 22355 0 43327 0 279204 0 0 0 Tresmaine Grimes VP Academic Affairs (thru September 2019) 175426 0 0 0 0 0 9601 0 38053 0 223080 0 0 0 Kevin Cavanaugh VP of Enrollment Management 189005 0 0 0 0 0 14441 0 2290 0 205736 0 0 0 Patrick Lamy VP Student Affairs 158489 0 0 0 0 0 16450 0 28897 0 203836 0 0 0 Ismatt Mikky Professor 164333 0 0 0 0 0 9468 0 98514 0 272315 0 0 0 Neddie Serra Professor 140623 0 0 0 0 0 12501 0 17383 0 170507 0 0 0 Cynthia McDaniel Assistant VP of Finance 122894 0 0 0 0 0 12362 0 25156 0 160412 0 0 0 Maria Vogt Professor 116140 0 0 0 1012 0 10301 0 29281 0 156734 0 0 0 Richard Levao Former President (until 5/31/2019) 278315 0 0 0 184867 0 12954 0 33222 0 509358 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE ORGANIZATION PROVIDED HOUSING FOR THE FORMER PRESIDENT UNTIL HIS TERM ENDED ON 5/31/2019. AS AGREED UPON IN HIS CONTRACT, THE COLLEGE REQUIRED THE PRESIDENT TO MAINTAIN A RESIDENCE ON CAMPUS. AS SUCH, THE COLLEGE CONSIDERED THIS TO BE FOR BUSINESS USE AND WAS NOT TAXABLE TO THE FORMER PRESIDENT. EFFECTIVE 08/01/2019, THE COLLEGE NO LONGER REQUIRES THE PRESIDENT TO MAINTAIN RESIDENCE ON CAMPUS. THE PRESIDENT'S COMPENSATION PACKAGE INCLUDES A TAXABLE HOUSING ALLOWANCE. Schedule J, Part I, Line 4a Severance or change-of-control payment THE FOLLOWING PEOPLE RECEIVED SEVERANCE PAYMENTS IN 2019: RICHARD LEVAO - $181,356 Schedule J, Part I, Line 7 Non-fixed payments The President receives a discretionary non-fixed payment determined by the Board. Vice-Presidents may receive a discretionary non-fixed payment determined by the President. See Part V See Part V 101080 Tuition Tuition Benefit 2 Broad Street Associates LLC Owned by husband of trustee, Jacquie Colgan 345230 Property Rental false Schedule L, Part III Columns (a) & (b) - Schools Colleges aren't required to identify interested persons to whom they provided scholarships, fellowships, and similar financial assistance. In accordance with the instructions, these fields have been left blank. X 7 143374 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributions Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee shall consist of all officers of the Board of Trustees and Chairpersons of all standing committees. When the Chairperson of a standing committee is unable to attend an Executive Committee meeting, the Vice Chairperson of that standing committee, who may attend in the Chairperson's place, shall have for that meeting all of the powers of an Executive Committee member and shall be counted for the purpose of establishing a quorum. The President of the College shall serve as an ex officio member with vote. During the period between meetings of the Board of Trustees, this committee shall exercise all of the powers of the Board of Trustees at such time as the Board is not in session except to elect members of the Board, amend the Bylaws, remove from office, or any other matters specifically reserved to itself by the Board. It shall report all action at the next regular meeting of the Board of Trustees. This committee shall be responsible for long range planning policies for the College and for including in this process the various constituencies of the College; and shall cause periodic management review to assure efficient and effective policy implementation, good administrative practice and open communication throughout the academic community. Form 990, Part VI, Line 11b Review of form 990 by governing body The Vice President of Finance and Administration will review a complete copy of the Form 990 with the Board of trustees prior to filing with the IRS. management and the organization's tax consultants will also present a complete copy of the Form 990 to the Audit Committee for its review before filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Under Chapter II, Article G of the College bylaws the Board of Trustees are covered by the conflict of interest policy. In general a conflict can occur in two cases. First, if there is an existing or potential financial or other interest that impairs or appears to impair the trustees independent unbiased judgment. Second, if a family member or organization in which the Trustee has a controlling interest has an relationship with the College that would impair the unbiased and independent judgment of the trustee. Conflicts would be reviewed by the Board of Trustees. There is a required recusal from voting in which a conflict occurs. Form 990, Part VI, Line 15a Process to establish compensation of top management official Compensation for the President is reviewed by the Compensation Committee and also reviewed by the Board in closed session. The College prepares a study of comparable positions based on data obtained by the College and University Personnel Association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2020. Form 990, Part VI, Line 15b Process to establish compensation of other employees Compensation for the Officers is reviewed by the President, Board of Trustees Chairman and the Executive Committee. The College prepares a study of comparable positions based on data obtained by the College and University Personnel Association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2020. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Other Misc Revenue - Total Revenue: 40481, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 40481; Revenue Plug - Total Revenue: 18, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 18; Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNCOLLECTIBLE PLEDGES - -8000;