2011-04-04T15:11:47-05:00 2010-06-30 GORFINE SCHILLER &AMP GARDYN PA 10045 RED RUN BLVD SUITE 250 OWINGS MILLS MD 21117 990 2009-07-01 526012589 THE CENTRAL SCHOLARSHIP BUREAU INC CENT 4104155558 1700 REISTERSTOWN ROAD NO 220 BALTIMORE MD 21208 JAN WAGNER PRESIDENT 4104155558 2011-03-30 1 SCOTT D RODGVILLE CPA 4103565900 2009 2016-02-24 21:20:13Z JAN WAGNER 1700 REISTERSTOWN ROAD 220 BALTIMORE MD 21208 2120017 0 X WWW.CENTRALSB.ORG X 1924 MD Central Scholarship Bureau (CSB) provides need-based financial aid in the form of grants and interest-free loans to Maryland residents pursuing postsecondary education. Postsecondary programs include vocational training, two-year and four-year undergraduate degrees, and graduate studies. CSB conducts extensive outreach activities to students, parents, high schools, private career schools and colleges to inform them about funding available at CSB. CSB seeks to help students and families make informed financial choices about postsecondary education. In 2009, CSB processed close to 2200 student applications and committed approximately $1 million to about 200 students. At any point in time, CSB manages about $3 million in interest-free loans to around 600 students. 20 20 10 25 0 0 3181839 1621646 10000 11000 -269733 170226 3280 2922106 1806152 411404 655330 0 384708 419850 36088 36120 107264 166040 155506 998240 1266806 1923866 539346 8948272 9717144 59277 58553 8888995 9658591 0 0 1081909 655330 CENTRAL SCHOLARSHIP BUREAU (CSB) PROVIDES SCHOLARSHIPS AND EDUCATIONAL INTEREST FREE LOANS TO STUDENTS PURSUING COLLEGE, PROFESSIONAL EDUCATION, OR VOCATIONAL TRAINING WHO QUALIFY BASED ON FINANCIAL NEED. CSB ALSO MANAGES SCHOLARSHIP PROGRAMS FOR OTHER ORGANIZATIONS. ONE HUNDRED PERCENT OF EVERY DOLLAR DONATED SPECIFICALLY FOR LOANS OR GRANTS GOES TO THE STUDENT. DURING 2009, CSB PROCESSED ABOUT 2200 STUDENT APPLICATIONS AND COMMITTED ABOUT $1 MILLION TO ABOUT 200 STUDENTS. ADDITIONALLY, CSB MANAGED ABOUT $3 MILLION IN INTEREST-FREE LOANS FOR APPROXIMATELY 600 STUDENTS. 1081909 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X JAN WAGNER 4104155558 1700 REISTERSTOWN ROAD SUITE 220 BALTIMORE MD 21208 MolLY SHOCK Board Chair 2.00 X 0 0 0 MicHAEL WARD FIRST VP 2.00 X 0 0 0 PEGGY HELLER seCOND VP 2.00 X 0 0 0 Jane ABRAHAM Fourth VP 2.00 X 0 0 0 Dave Richardson TrEASURER 2.00 X 0 0 0 Sonia Tendler Secretary 2.00 X 0 0 0 Larry Kamanitz Immediate Past President 2.00 X 0 0 0 Carol Spencer Carter DIRECTOR 1.00 X 0 0 0 HARRY KASSAP DIRECTOR 1.00 X 0 0 0 SANFORD SIEGEL DIRECTOR 1.00 X 0 0 0 SUSAN SILBERMAN DIRECTOR 1.00 X 0 0 0 Lidia Paz-Baker DIRECTOR 1.00 X 0 0 0 Deborah Robinson DIRECTOR 1.00 X 0 0 0 Jean Wyman DIRECTOR 1.00 X 0 0 0 Amy Poggi Third VP 2.00 X 0 0 0 JAN WAGNER PresidenT 40.00 X 84300 0 5499 84300 0 5499 0 0 0 0 0 1621646 1621646 Rubin 900099 11000 11000 11000 29504 29504 454587 313865 140722 140722 140722 bad debt recovery 900099 3280 3280 3280 1806152 155002 0 29504 655330 655330 84300 67196 7486 9618 253092 201750 22465 28877 15064 12008 1337 1719 38581 30754 3425 4402 28813 22968 2558 3287 11253 9340 1688 225 36120 36120 17477 17477 522 522 1501 1426 75 4356 3267 871 218 9396 7799 1409 188 37282 29080 7456 746 1579 1311 236 32 10781 1016 740 9025 11387 9451 1708 228 3159 2148 948 63 Video Photography 10000 10000 Strategic planning cost 7119 5675 632 812 Stationery and printing 6940 5552 1041 347 Bank Services Charges 4216 3500 631 85 Postage 3866 2513 580 773 14672 9303 4945 424 1266806 1081909 77633 107264 717750 748319 2865178 2248865 2553089 2478006 2732 4027 186869 150537 42365 36332 2747843 3341149 19315 860446 8948272 9717144 36684 41214 22593 17339 59277 58553 X 3145225 4556336 3367553 2468573 2376217 2633682 8888995 9658591 8948272 9717144 X 0 1 1 X 0 X 538338 794585 1029567 2848812 738646 5949948 538338 794585 1029567 2848812 738646 5949948 1563044 4386904 52330 61867 141276 63294 29504 348271 6298219 39570 0.69650 0.81110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2376217 257465 2633682 1710443 665774 2376217 1.00000 0 0 186869 150537 36332 36332 Securities and Other Investments 3341149 F 3341149 Investment - Designated 17339 Deposits 3107 Investment - Trust 840000 860446 Deferred Compensation Payable 17339 17339 1806152 1266806 539346 230250 230250 769596 2015645 230250 230250 1785395 17477 3280 20757 1806152 1246049 0 1246049 17477 3280 20757 1266806 Part XII, Line 4b - Other Adjustments: Bad debt recoveries: 3280. Part XIII, Line 4b - Other Adjustments: Bad debt recoveries: 3280. 0 0 0 0 Scholarships Middle east 7 35000 cash payment Book X X X 1 Clair Segal Assist with Capital Campaign 0 3223099 36120 3186979 3223099 36120 3186979 MD 1 Loans 49 191500 Book Grants 189 655330 Book X X 0 1 0 0 0 0 0 0 0 JAN WAGNER 84300 0 0 0 0 0 4350 0 1149 0 89799 0 0 0 X 1 840000 FAIR MARKET VALUE 0 1 0 Form 990, Part VI, Section B, line 11 The 990 is reviewed by the finance committee prior to filing. The form is also distributed electronically to all members of the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy is monitored and enforced by a thorough review at the annual board meeting. Form 990, Part VI, Section B, line 15 Comparison data obtained from The Maryland Association of Nonprofit Organizations (an outside agency), reviewed by Executive Committee and approved by the entire board. Form 990, Part VI, Section C, line 18 Form 990 is available on Guidestar and upon request. Form 1023 is available upon request. The Organization is currently not required to file Form 990-T. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, part XI, Line 2C Reviewed by the Finance Committee and Executive Director before being distributed to the full Board prior to filing with the Internal Revenue Service.