HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION INC (EIN 22-2427015)
- Tax period
- 2010-09-01 to 2011-08-31
- Filed
- 2012-03-29
- IRS object ID
- 201230899349300248
- Schema version
- 2010v3.4
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-29T15:46:56-05:00 | Timestamp |
| Tax Period End Date | 2011-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UHY ADVISORS NY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 SOUTH PEARL STREET SUITE 400 | AddressLine1 |
| City | ALBANY | City |
| State | NY | State |
| ZIP Code | 12207 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222427015 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HUDS | NameControl |
| Phone | 5186298012 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 VANDENBURGH AVENUE | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RACHEL M KIMMELBLATT | Name |
| Title | EXEC DIR | Title |
| Phone | 5186298012 | Phone |
| Date Signed | 2012-03-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5184493166 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RACHEL M KIMMELBLATT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 VANDENBURGH AVENUE | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1694215 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HVCC.EDU/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1982 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | SUPPORTING THE MISSION, THE STUDENTS, AND THE ALUMNI OF THE HUDSON VALLEY COMMUNITY COLLEGE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 27 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 12 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2001317 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1308217 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 130565 | InvestmentIncomePriorYear |
| Investment Income Current Year | 103716 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 48240 | OtherRevenuePriorYear |
| Other Revenue Current Year | 54306 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2180122 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1466239 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 499667 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 285928 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 505911 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 484243 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 222510 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 703286 | OtherExpensePriorYear |
| Other Expenses Current Year | 1400417 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1708864 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2170588 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 471258 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -704349 | RevenuesLessExpensesCY |
| Total Assets BOY | 5047707 | TotalAssetsBOY |
| Total Assets EOY | 4964782 | TotalAssetsEOY |
| Total Liabilities BOY | 103871 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 442987 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 4943836 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4521795 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO RECEIVE AND MAINTAIN FUNDS TO AID AND ADVANCE THE WELFARE, DEVELOPMENT, PURPOSES AND PROGRAMS OF HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND ALUMNI. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1636574 | Expense |
| Grants | 285928 | Grants |
| Description | SCHOLARSHIPS AND RELATED COSTS | Description |
| Total Program Service Expense | 1636574 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 12 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 27 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RACHEL M KIMMELBLATT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5186297736 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 VANDENBURGH AVE | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (29 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JOHN M SHARTRAND | ||||||
| CHAIRPERSON | 0.50 | X | X | 0 | 0 | 0 |
| GORDON ZUCKERMAN | ||||||
| VICE CHAIRPERSON | 0.50 | X | X | 0 | 0 | 0 |
| TRACEY L WARDWELL | ||||||
| VICE CHAIRPERSON | 0.50 | X | X | 0 | 0 | 0 |
| KENNETH W GREY | ||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 |
| MARY FRAN GLEASON | ||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 |
| ROBERT R ALLEN | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| RICHARD M AMADON | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| DOUGLAS G BALDREY | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| MAXINE BARASCH | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| PAUL E BULMER | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| THOMAS P COOK | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| NEHME J FRANGIE | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| WILLIAM F FAGAN | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| TOM GARRETT | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| ANTOINE W HARRISON | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| KEVIN J JOHNSON | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| LESLIE KING | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| ANNMARIE LANESEY | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| CORY A MARTIN | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| WILLIAM G MULLER | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| JAMES D RYAN | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| FRANK C SARRATORI | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| PETER D SEMENZA | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| JOHN F SIGNOR | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| ROBERT F SWANICK | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| A LYNNE SCOTT | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| JAMES A WALSH | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| SARAH BOGGESS | ||||||
| FORMER PRESIDENT | 37.50 | X | 64069 | 64069 | 9836 | |
| RACHEL M KIMMELBLATT | ||||||
| EXECUTIVE DIRECTOR | 37.50 | X | 29071 | 0 | 8027 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 93140 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 64069 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 17863 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 1308217 | AllOtherContributions |
| Total Contributions | 1308217 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 101768 | TotalRevenueColumn |
| Exclusion | $101,768 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 203900 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 201952 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1948 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1948 | TotalRevenueColumn |
| Exclusion | $1,948 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 80330 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 26024 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 54306 | TotalRevenueColumn |
| Exclusion | $54,306 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1466239 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $158,022 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 285928 | Total |
| Program Services | 285928 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162616 | Total |
| Program Services | 16262 | ProgramServices |
| Management And General | 56836 | ManagementAndGeneral |
| Fundraising | 89518 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236491 | Total |
| Program Services | 74484 | ProgramServices |
| Management And General | 82530 | ManagementAndGeneral |
| Fundraising | 79477 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 85136 | Total |
| Program Services | 26814 | ProgramServices |
| Management And General | 29711 | ManagementAndGeneral |
| Fundraising | 28611 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4982 | Total |
| Management And General | 4982 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41124 | Total |
| Program Services | 8225 | ProgramServices |
| Management And General | 20562 | ManagementAndGeneral |
| Fundraising | 12337 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1448 | Total |
| Fundraising | 1448 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| SUPPORT FOR COLLEGE INI | 1131022 | 1131022 | ||
| ADMINISTRATIVE EXPENSES | 221810 | 93839 | 116883 | 11088 |
| CAMPAIGN EXPENSE | 31 | 31 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2170588 | Total |
| Program Services | 1636574 | ProgramServices |
| Management And General | 311504 | ManagementAndGeneral |
| Fundraising | 222510 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1052999 | BOY |
| EOY | 747646 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 314711 | BOY |
| EOY | 176030 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 10153 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2862713 | BOY |
| EOY | 3185115 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 817284 | BOY |
| EOY | 845838 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5047707 | BOY |
| EOY | 4964782 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31555 | BOY |
| EOY | 442987 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72316 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103871 | BOY |
| EOY | 442987 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -118960 | BOY |
| EOY | -300484 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1749168 | BOY |
| EOY | 1571772 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3313628 | BOY |
| EOY | 3250507 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4943836 | BOY |
| EOY | 4521795 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5047707 | BOY |
| EOY | 4964782 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -704349 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 282308 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1377438 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1427027 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1697942 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2001317 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1308217 | CurrentTaxYear |
| Total | 7811941 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1377438 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1427027 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1697942 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2001317 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1308217 | CurrentTaxYear |
| Total | 7811941 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 7811941 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 124023 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 230852 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 126142 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 108383 | CurrentTaxYearMinus1Year |
| Current Tax Year | 101768 | CurrentTaxYear |
| Total | 691168 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 184623 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 145556 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 94255 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 91027 | CurrentTaxYearMinus1Year |
| Current Tax Year | 80330 | CurrentTaxYear |
| Total | 595791 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 9098900 | TotalSupport |
| Public Support Pertcentage170 | 0.85860 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.90150 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3074478 | BeginningOfYearBalance |
| Contributions | 73450 | Contributions |
| Investment Earnings Or Losses | 129276 | InvestmentEarningsOrLosses |
| Other Expenditures | 68005 | OtherExpenditures |
| End Of Year Balance | 3209199 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2683999 | BeginningOfYearBalance |
| Contributions | 367145 | Contributions |
| Investment Earnings Or Losses | 75990 | InvestmentEarningsOrLosses |
| Other Expenditures | 52656 | OtherExpenditures |
| End Of Year Balance | 3074478 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2792221 | BeginningOfYearBalance |
| Contributions | 113256 | Contributions |
| Investment Earnings Or Losses | -101875 | InvestmentEarningsOrLosses |
| Other Expenditures | 119603 | OtherExpenditures |
| End Of Year Balance | 2683999 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS | 88639 | F |
| EQUITY MUTUAL FUNDS | 1955360 | F |
| FIXED INCOME MUTUAL FUNDS | 1141116 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3185115 | TotalOfBookValueSecurities |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| OTHER ASSETS | 95827 |
| BENEFICIAL INTEREST IN PERP. TRUST | 481672 |
| PRATT LIFE INSURANCE | 268339 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 845838 | TotalBookValueOtherAssets |
| Total Revenue | 1466239 | TotalRevenue |
| Total Expenses | 2170588 | TotalExpenses |
| Excess Or Deficit For Year | -704349 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 282308 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 282308 | TotalAdjustments |
| Excess Or Deficit Per FS | -422041 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1774571 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 282308 | NetUnrealizedGainsInvestments |
| Other Revenues | 26024 | OtherRevenues |
| Revenue Not Rptd F990 | 308332 | RevenueNotRptdF990 |
| Revenue Subtotal | 1466239 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1466239 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2196612 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 26024 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 26024 | ExpensesNotRptdF990 |
| Expenses Subtotal | 2170588 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 2170588 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | INTENDED USES OF THE FOUNDATION'S ENDOWMENT FUNDS INCLUDE SUPPORT FOR THE MISSION AND ACTIVITIES OF THE HUDSON VALLEY COMMUNITY COLLEGE, ITS STUDENTS AND FACULTY. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | 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. INFORMATION RETURNS FOR FISCAL YEAR 2008 AND LATER ARE SUBJECT TO EXAMINATION BY THE IRS. |
| RECONCILIATION INCLUDES $26,024 OF FUNDRAISING EXPENSES REPORTED NET IN REVENUE |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF CLASSIC/DSA LUNCHEON | NameOfEvent1 |
| Gross Receipts Event1 | 80330 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 80330 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 895 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 21463 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 3666 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 80330 | GrossReceiptsTotal |
| Gross Revenue Total Events | 80330 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 895 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 21463 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 3666 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 26024 | DirectExpenseSummaryEvents |
| Net Income Summary | 54306 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 314 | NumberOfRecipients |
| Amount Of Cash Grant | 285928 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: USE OF GRANT FUNDS IS MONITORED BY THE ADMINISTRATION OF HUDSON VALLEY COMMUNITY COLLEGE FOR COMPLIANCE WITH GRANT TERMS AND APPLICABLE FEDERAL REGULATIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 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 BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. | |
| 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 B, LINE 12C | |
| THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THE COLLEGE'S WEBSITE AT WWW.HVCC.EDU. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 282,308. | FORM 990, PART XI, LINE 5: |
| FORM 990, PART XII, LINE 2C: COMMITTEE PROCEDURES WITH RESPECT TO OVERSIGHT OF AUDIT OF ANNUAL FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT DID NOT CHANGE FROM PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HUDSON VALLEY COMMUNITY COLLEGE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 VANDENBURGH AVENUE | AddressLine1 |
| City | TROY | City |
| State | NY | State |
| ZIP Code | 12180 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 146009464 | EIN |
| Primary Activities | HIGHER EDUCATION | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THIS RETURN, ORIGINALLY DUE JANUARY 16, 2012 IS BEING FILED BY MARCH 30, 2012 PURSUANT TO THE AUTOMATIC EXTENSION GRANTED UNDER I.R.S. NOTICE 2012-4 RELATING TO SUSPENSION OF ELECTRONIC FILING FOR EXEMPT ENTITY RETURNS FOR THE PERIOD OF JANUARY AND FEBRUARY 2012. PLEASE WAIVE ANY LATE FILING PENALTIES IN CONSIDERATION OF THESE CIRCUMSTANCES. | Explanation |
Comments