2024-01-23T11:52:39-06:00 2023-06-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2022-07-01 133240270 BERNARD M BARUCH COLLEGE AUXILIARY ENTERPRISE CORPORATION BERN 6463124610 ONE BERNARD BARUCH WAY B2185 NEW YORK NY 10010 MONROE RUSSELL TREASURER 6463124610 2024-01-23 1 MONROE RUSSELL 999009999 0 DAVID A URBAN CPA P00630018 7166340700 2024-01-23 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KENYA LEE ONE BERNARD BARUCH WAY B2185 NEW YORK NY 10010 2557307 0 X WWW.BARUCH.CUNY.EDU X 1984 NY TO PROVIDE AUXILIARY SERVICES, SUCH AS FOOD SERVICES, A BOOKSTORE, ETC. FOR THE BENEFIT OF THE CAMPUS COMMUNITY OF THE BERNARD M. BARUCH COLLEGE. 11 1 4 0 0 0 2650995 2100000 4338752 420653 0 0 83876 36654 7073623 2557307 0 0 0 0 269078 303622 0 0 0 7233592 43014 7502670 346636 -429047 2210671 2835381 2927216 2335821 216985 499560 2710231 X TO PROVIDE AUXILIARY SERVICES, SUCH AS FOOD SERVICES, A BOOKSTORE, ETC. FOR THE BENEFIT OF THE CAMPUS COMMUNITY OF THE BERNARD M. BARUCH COLLEGE. 0 1 0 445344 THE AUXILIARY'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE EDUCATIONAL MISSION OF BERNARD M. BARUCH COLLEGE. THE AUXILIARY SUPPORTS THE COLLEGE BY PROVIDING SUPPORT SERVICES FOR THE BENEFIT OF THE COLLEGE'S STUDENT POPULATION. PRIMARILY, THE AUXILIARY OVERSEES THE OPERATIONS OF THE COLLEGE'S BOOKSTORE, FOOD SERVICES, AND STUDENT HOUSING. 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X MEILIN CHEUNG 6463124612 55 LEXINGTON AVENUE ROOM B2-185 NEW YORK NY 10010 KENYA LEE CHAIRPERSON 1.00 34.00 X X 0 154543 50654 ARTHUR KING SECRETARY 1.00 34.00 X X 0 201289 31768 MONROE RUSSELL TREASURER 1.00 34.00 X X 0 136058 48259 LAIBA HUSSAIN DIRECTOR 1.00 0.00 X 3880 7951 0 DAVE OLAJIDE DIRECTOR 1.00 0.00 X 0 6930 0 ARMEN HOVAKIMIAN DIRECTOR 1.00 34.00 X 0 234270 29200 JOHN JASPER ALDAY DIRECTOR 1.00 0.00 X 0 1000 0 FATOUMA KEITA DIRECTOR 1.00 0.00 X 1950 6092 0 MICHAEL WALDMAN DIRECTOR 1.00 0.00 X 0 114366 26655 MAKKEDAH RAMSEY DIRECTOR 1.00 0.00 X 0 3595 0 VIRAL SHAH DIRECTOR 1.00 0.00 X 0 0 0 5830 866094 186536 0 0 1 0 0 2100000 2100000 ADMIN FEES- STUDENT AS 611710 265536 265536 CAFETERIA COMMISSIONS 611710 122413 122413 BOOKSTORE COMMISSIONS 611710 32704 32704 420653 11963 11963 OTHER INCOME 611710 24691 24691 24691 2557307 445344 0 11963 147501 147501 14055 14055 128836 128836 13230 13230 12000 12000 12628 12628 1844 1844 1495 1495 7868 7868 MISCELLANEOUS 6800 6800 OTHER EXPENSES 379 379 346636 0 346636 0 1051286 2673371 53117 59915 5667 6569 1725311 187361 2835381 2927216 59582 32036 2276239 184949 2335821 216985 X 499560 2710231 0 0 0 0 499560 2710231 2835381 2927216 2210671 0 X X 0 1 X 1 0 X X 1 BARUCH COLLEGE 133893536 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM RELATED ENTITIES 187361 187361 SECURITY DEPOSIT - HOUSING 184949 184949 X 2732210 174903 174903 2557307 0 2557307 521539 174903 174903 346636 0 346636 PART X, LINE 2: THE AUXILIARY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE AUXILIARY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE AUXILIARY PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE AUXILIARY HAS TAKEN NO UNCERTAIN TAX POSITONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE AUXILIARY ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 0 0 0 0 0 0 0 0 ARMEN HOVAKIMIAN DIRECTOR 0 212286 0 0 0 21984 0 27467 0 1733 0 263470 0 0 ARTHUR KING SECRETARY 0 201289 0 0 0 0 0 20134 0 11634 0 233057 0 0 KENYA LEE CHAIRPERSON 0 154543 0 0 0 0 0 20108 0 30546 0 205197 0 0 MONROE RUSSELL TREASURER 0 136058 0 0 0 0 0 17849 0 30410 0 184317 0 0 FORM 990, PART III, LINE 3 THE AUXILLARY HAD TWO OPERATING LEASE AGREEMENTS FOR STUDENT HOUSING IN FISCAL YEAR 2022 THAT EXPIRED IN MAY 2022. THERE WAS NO SUCH RENT EXPENSE FOR THE YEAR ENDED JUNE 30,2023 AS HOUSING IS NOW HANDLED BY BARUCH COLLEGE IFR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED REVIEWED FORM 990 WAS CIRCULATED TO THE FULL BOARD OF DIRECTORS. EACH BOARD MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WOULD BE DISCUSSED AT THE BOARD MEETING IF NEEDED. EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE OF THE AUXILIARY IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE AUXILIARY. ANY POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 THE AUXILIARY DOES NOT COMPENSATE ANY OF THE INDIVIDUALS REPORTED ON THE FORM 990. ALL COMPENSATION IS PAID BY A RELATED ORGANIZATION, BARUCH COLLEGE. THE COMPENSATION FOR INDIVIDUALS RUNNING THE AUXILIARY IS SET BY THE COLLEGE ITSELF AND IS ESTABLISHED IN CONFORMITY WITH COMPENSATION GUIDELINES ESTABLISHED BY THE CITY UNIVERSITY OF NEW YORK. THESE GUIDELINES ARE COMPLIED WITH BY ALL OF THE AUXILIARIES SUPPORTING THE VARIOUS CUNY COLLEGES. FORM 990, PART VI, SECTION C, LINE 19 THE AUXILIARY MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE TAKEN PLACE DURING THE FISCAL YEAR ENDED JUNE 30, 2023. BERNARD M BARUCH COLLEGE CUNY ONE BERNARD BARUCH WAY NEW YORK NY 10010 133893536 EDUCATION NY 501 (C)(3) LINE 6 0 BARUCH COLLEGE ASSOCIATION INC ONE BERNARD BARUCH WAY NEW YORK NY 10010 132889038 SUPPORT SERVICES NY 501 (C)(3) LINE 10 0 RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET NEW YORK NY 10036 131988190 RESEARCH NY 501 (C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0