2011-05-16T10:04:24-05:00 2010-06-30 JH COHN LLP 4 BECKER FARM ROAD ROSELAND NJ 070681739 990 2009-07-01 221494428 BLOOMFIELD COLLEGE BLOO 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 JOHN CROSS 9737489000 2011-05-13 1 CHRISTOPHER IVANS 9732283500 2009 2016-02-24 21:20:13Z JOHN CROSS 497 Franklin Street Bloomfield NJ 07003 54739343 0 X WWW.BLOOMFIELD.EDU X 1868 NJ TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. 29 28 1128 0 0 -154097 4712036 6079708 42517881 46914431 134089 -159693 -49266 550 47314740 52834996 9666572 10865134 0 21176075 22295684 36065 108578 993630 13805152 15454275 44683864 48723671 2630876 4111325 49783506 55492487 15594481 16495201 34189025 38997286 to prepare students to attain academic, personal and professional excellence in a multicultural and global society. 0 0 43131697 47082158 TO PROVIDE EDUCATIONAL OPPORTUNITIES THAT WILL PREPARE THE STUDENTS FOR CAREERS. 43131697 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 89 0 1 1128 1 1 1 0 0 0 0 0 0 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BLOOMFIELD COLLEGE 9737489000 467 FRANKLIN STREET BLOOMFIELD NJ 07003 ROZLYN ANDERSON 0.50 X 0 0 0 DR ERNESTO BUTCHER 0.50 X 0 0 0 JOHN D CAMPBELL 0.50 X 0 0 0 DRNICHOLAS CARLOZZI 0.50 X 0 0 0 DIANA DRYSDALE 0.50 X 0 0 0 EMER FEATHERSTONE 0.50 X 0 0 0 JAMES R GILLEN 0.50 X 0 0 0 STEPHEN GLASSER 0.50 X 0 0 0 DR MAUREEN GRANT 0.50 X 0 0 0 ROSEMARY IVERSON 0.50 X 0 0 0 A DUNCAN KIDD 0.50 X 0 0 0 NANCY LANE 0.50 X 0 0 0 RICHARD LARSEN 0.50 X 0 0 0 DR RICHARD A POLLACK 0.50 X 0 0 0 SANFORD B PRATER 0.50 X 0 0 0 MARJORIE RICH 0.50 X 0 0 0 HANNAH RICHMAN 0.50 X 0 0 0 REV NANCY HURD SCHLUTER 0.50 X 0 0 0 DR STEVEN M ROSE 0.50 X 0 0 0 ANNE MOREAU THOMAS 0.50 X 0 0 0 HANK UBEROI 0.50 X 0 0 0 NANCY VAN DUYNE 0.50 X 0 0 0 JOEL M WEINER 0.50 X 0 0 0 RICHARD LEVAO 37.50 X 313954 0 57018 JOHN G CROSS 37.50 X 169386 0 34659 PETER JEONG 37.50 X 323589 0 59295 KRISTIN COHEN 37.50 X 111402 0 34186 pATRICK LAMY 37.50 X 130181 0 11791 MARION TERENZIO 37.50 X 143195 0 23093 MARTIN MCKERROW 0.50 X 0 0 0 S JERVIS BRINTON JR 0.50 X 0 0 0 JOHN DELUCCA 0.50 X 0 0 0 ADRIAN A SHELBY 0.50 X 0 0 0 KWI BRENNAN 37.50 X 159008 0 27210 WILLIAM MCDONALD 37.50 X 138132 0 35434 NEDDIE SERRA 37.50 X 121180 0 21446 ERZSEBET FELSOVALYI 37.50 X 101464 0 10492 CAROLYN SPIES 37.50 X 100737 0 18340 PHYLLIS MORE 37.50 X 106630 0 27100 1918858 0 360064 12 0 1 0 FALLON & PACHECO ARCHITECTS 399 BROAD STREET BLOOMFIELD NJ 07003 ARCHITECT 144161 DRINKER BIDDLE & REATH 500 CAMPUS DRIVE FLORHAM PARK NJ 07932 LEGAL 108465 2 13195 3154555 2911958 6079708 TUITION AND FEES 611710 41452756 41452756 AUXILIARY SALES AND SE 611710 5461675 5461675 46914431 42769 42769 121600 275697 -154097 -154097 -154097 1400258 1602720 -202462 -202462 -202462 12850 13195 25930 -13080 -13080 MISCELLANEOUS 611710 71695 71695 PARKING 611710 59205 59205 VENDING 611710 36827 36827 167727 52834996 47082158 0 -326870 10865134 10865134 1600715 1399322 161342 40051 16131489 14100374 1627321 403794 291277 254909 29112 7256 4272203 3738429 427302 106472 99297 99297 98814 98814 108578 108578 1846528 1255347 574257 16924 239911 235169 4562 180 3372947 3010565 264842 97540 1181847 991295 112005 78547 1403963 1221448 140396 42119 805162 756590 28609 19963 1712351 1643322 63206 5823 603719 603719 2069422 1799362 210046 60014 312797 232964 79833 PROGRAMS OTHER COSTS 1625063 1625063 MEMBERSHIP AND DUES 52490 44870 7620 OTHER EXPENSES 29964 2404 28811 -1251 48723671 43131697 4598344 993630 547002 581340 1526329 4157696 260905 520394 1523404 449816 347965 215599 58334065 19503421 30461231 38830644 6754558 8709009 8362112 2027989 49783506 55492487 2576198 1172873 909839 1296716 12108444 13791343 0 234269 15594481 16495201 X 26989432 30013181 2087688 2167907 5111905 6816198 34189025 38997286 49783506 55492487 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6626188 1704293 485049 316616 8498914 8613756 249885 106031 2056079 287405 6626188 0 0 2958062 2958062 45903053 11625488 34277565 9472950 7877933 1595017 38830644 CAPITAL LEASE OBLIGATION 234269 234269 52834996 48723671 4111325 655890 41046 696936 4808261 43665889 655890 301627 957517 42708372 10126624 10126624 52834996 38857628 301627 301627 38556001 10167670 10167670 48723671 Part X: Description of Uncertain Tax Positions Under FIN 48: 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 CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2010 AND 2009. THE COLLEGE'S U.S. FEDERAL AND STATE FILINGS PRIOR TO FISCAL YEAR 2007 ARE COLSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE COLLEGE RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS OPERATING EXPENSES AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. tHERE WERE NO INTEREST OR PENALTIES PAID FOR THE YEARS ENDED JUNE 30, 2010 AND 2009. Part XI, Line 8 - Other Adjustments: EXPENSES ON TAX RETURN NOT ON FINANCIAL: 41046. Part XII, Line 2d - Other Adjustments: NETTED RENTAL EXPENSES: 275697. NETTED EVENT EXPENSES: 25930. Part XII, Line 4b - Other Adjustments: SCHOLARSHIP ALLOWANCES: 10126624. Part XIII, Line 2d - Other Adjustments: NETTED RENTAL EXPENSES: 275697. NETTED EVENT EXPENSES: 25930. Part XIII, Line 4b - Other Adjustments: SCHOLARSHIP ALLOWANCES: 10126624. RENTAL DEPRECIATION NOT ON BOOKS: 41046. 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 consolidated financial statements. The College has no unrecognized tax benefits at June 30, 2010 and 2009. The College's U.S. Federal and state tax filings prior to fiscal year 2007 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. 1 1 1 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. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 SEE SCHEDULE B FOR DETAIL OF GOVERNMENT AGENCY ASSISTANCE. 1 X X X X X X X 1 ADVANCE FUNDRAISING PROFESSIONALS TELEPHONE FUNDRAISING 0 71127 108578 -37451 71127 108578 -37451 GALA 26045 13195 12850 25930 26045 13195 12850 25930 25930 -13080 1 Tuition assistance 10346624 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The organization issues grants to qualified individuals. The grant funds are then used directly against the students account as payment towards their college education. X X 1 1 X X 0 0 0 0 0 0 0 0 0 RICHARD LEVAO 313954 0 0 0 0 0 17271 0 39747 0 370972 0 0 0 JOHN G CROSS 169386 0 0 0 0 0 11900 0 22759 0 204045 0 0 0 PETER JEONG 323589 0 0 0 0 0 23440 0 35855 0 382884 0 0 0 MARION TERENZIO 143195 0 0 0 0 0 10317 0 12776 0 166288 0 0 0 KWI BRENNAN 159008 0 0 0 0 0 11401 0 15809 0 186218 0 0 0 WILLIAM MCDONALD 138132 0 0 0 0 0 9442 0 25992 0 173566 0 0 0 Part I, Line 1a THE ORGANIZATION PROVIDES HOUSING AND HEALTH/SOCIAL CLUB DUES FOR THE PRESIDENT NJ EDUCATIONAL FACILITIES AUTHORITY 2002-11-21 2413463 CAPITAL IMPROVEMENT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section B, line 11 THE VICE PRESIDENT OF FINANCE WILL REVIEW FORM 990 WITH THE BOARD OF TRUSTEES BEFORE IT IS FILED. Form 990, Part VI, Section B, line 12c THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. Form 990, Part VI, Section B, line 15 THE BOARD OF TRUSTEES MEETS ANNUALLY TO DISCUSS COMPENSATION AND COMPARABLE DATA. THE PRESIDENT AND VICE PRESIDENT OF FINANCE ARE RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THOSE COMPENSATION AMOUNTS ARE THEN REVIEWED WITH THE BOARD. Form 990, Part VI, Section C, line 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990,PART XI, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.