2024-02-28T08:41:53-06:00 2023-06-30 222978848 BEDERSON LLP 100 PASSAIC AVENUE - SUITE 310 NJ NJ 07004 990 2022-07-01 223525184 MONTCLAIR EARLY CHILDHOOD CORP MONTCLAIR COMMUNITY PRE-K MONT 9735094500 49 ORANGE ROAD MONTCLAIR NJ 07042 AMY DORR EXECUTIVE DIRECTOR 9735094500 2024-02-28 AMY DORR 999009999 0 MICHAEL CARO JR P01418714 9737363333 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z AMY DORR 49 ORANGE ROAD MONTCLAIR NJ 07042 4730431 0 X WWW.MONTCLAIRPREK.ORG X 1997 NJ MONTCLAIR EARLY CHILDHOOD CORPORATION WAS FORMED FOR THE PURPOSE OF DEVELOPING CHILD CARE PROGRAMS TO PROMOTE AND ASSIST THE CONTINUOUS EDUCATIONAL, PHYSICAL, SOCIAL AND INTELLECTUAL GROWTH AND GENERAL WELL BEING OF THE CHILDREN OF THE COMMUNITY, REGARDLESS OF ABILITY TO PAY. 11 11 70 0 0 0 1181771 723346 3338821 3873270 33321 45983 40606 -1921 4594519 4640678 573413 670356 0 0 2479574 2685043 0 0 123885 562038 619809 3615025 3975208 979494 665470 3018305 3510746 470514 281597 2547791 3229149 MONTCLAIR EARLY CHILDHOOD CORPORATION WAS FORMED FOR THE PURPOSE OF DEVELOPING CHILD CARE PROGRAMS TO PROMOTE AND ASSIST THE CONTINUOUS EDUCATIONAL, PHYSICAL, SOCIAL AND INTELLECTUAL GROWTH AND GENERAL WELL BEING OF THE CHILDREN OF THE COMMUNITY, REGARDLESS OF ABILITY TO PAY. 0 0 3346389 670356 3920311 MONTCLAIR EARLY CHILDHOOD CORPORATION WAS FORMED FOR THE PURPOSE OF DEVELOPING CHILD CARE PROGRAMS TO PROMOTE AND ASSIST THE CONTINUOUS EDUCATIONAL, PHYSICAL, SOCIAL AND INTELLECTUAL GROWTH AND GENERAL WELL BEING OF THE CHILDREN OF THE COMMUNITY, REGARDLESS OF ABILITY TO PAY. 3346389 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 70 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NJ X THE CORPORATION 9735094500 49 ORANGE ROAD MONTCLAIR NJ 07042 DAVE PLACEK COUNCIL LIAISON 1.00 X 0 0 0 DONALD ZIEF TRUSTEE 1.00 X 0 0 0 DYLAN WALSH TRUSTEE 1.00 X 0 0 0 HENRY APPIAH TRUSTEE 1.00 X 0 0 0 JANE SUSSWEIN TRUSTEE 1.00 X 0 0 0 MARK ALBIEZ TRUSTEE 1.00 X 0 0 0 MELBA FIDALGO TRUSTEE 1.00 X 0 0 0 PAUL BRUBAKER TRUSTEE 1.00 X 0 0 0 AMY DORR EXECUTIVE DIRECTOR 40.00 X 133237 0 18974 SEAN FLYNN CHAIRMAN 1.00 X 0 0 0 REGGIE VALENTINE TREASURER 1.00 X 0 0 0 NIKKI JONES SECRETARY 1.00 X 0 0 0 CAROLYN DEVITO ASSOCIATE EXECUTIVE DIRECTOR 40.00 X 105749 0 34961 238986 0 53935 2 0 1 0 0 63904 444696 214746 723346 TUITON AND FEES 611600 3850586 3850586 REGISTRATION FEES 611600 22684 22684 3873270 49312 49312 34133 37462 -3329 -3329 -3329 0 63904 52291 -52291 -52291 RENTAL INCOME 611600 50370 50370 50370 4640678 3920311 0 -2979 670356 670356 238985 200748 28678 9559 1982537 1665330 237905 79302 203757 171156 24451 8150 259764 218201 31172 10391 17375 17375 52014 52014 4637 2318 2319 61893 38181 17983 5729 223548 196722 22355 4471 10332 10332 39129 34433 3913 783 72438 43463 28975 REPAIRS AND MAINTENANCE 63604 31802 28621 3181 STAFF TRAINING AND RELA 44322 44322 MISCELLANEOUS EXPENSE 23784 12292 11492 FOOD SERVICE 4719 4719 2014 2014 3975208 3346389 504934 123885 1397532 1852036 219860 219619 506980 540675 2986 4003 3461379 3022495 478013 438884 412934 455529 3018305 3510746 240634 214352 229880 67245 470514 281597 X 2160029 2709587 387762 519562 2547791 3229149 3018305 3510746 665470 15888 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 386762 56533 46367 34133 455529 380407 110371 -87135 16881 386762 258488 50334 84335 12750 380407 229669 25615 20660 17456 258488 196736 18705 14228 229669 0 0 2557240 2557240 0 904139 465255 438884 438884 X 4038501 15888 52291 68179 3970322 670356 670356 4640678 3357143 52291 52291 3304852 670356 670356 3975208 PART X, LINE 2: MECC IS ORGANIZED AS A NEW JERSEY NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(2). MECC IS REQUIRED TO ANNUALLY FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, MECC IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. WE HAVE DETERMINED THAT MECC IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE ON THE FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS NETTED AGAINST REVENUE ON THE FINANCIAL STATEMENTS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES VARIOUS GRANTS FROM STATE AND LOCAL GOVERNMENT AGENCIES. GALA 44836 44836 37613 2 19068 19068 14678 63904 63904 52291 52291 -52291 1 SCHOLARSHIPS 670356 FAIR VALUE BASED ON PROGRAM FEES SCHOLARSHIPS / ASSISTANCE TO ASSIST FAMILIES IN NEED X 0 0 0 0 0 0 0 0 0 AMY DORR EXECUTIVE DIRECTOR 133237 0 0 0 0 0 656 0 18318 0 152211 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE FORM 990 IS PREPARED, THE TREASURER (A BOARD MEMBER) AND THE EXECUTIVE DIRECTOR (SENIOR STAFF) REVIEWS THE DOCUMENT TO ASCERTAIN THAT IT CORRESPONDS IN ALL ASPECTS TO THE FISCAL YEAR'S AUDITED FINANCIAL STATEMENTS OF MECC. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS MECC IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED UNDER A PROCESS WHEREBY THE BOARD OR A SUBCOMMITTEE OF THE BOARD ENDEAVORS TO DETERMINE FIRST, THE COMPENSATION RANGE OF ELEMENTARY SCHOOL PRINCIPALS IN THE MONTCLAIR PUBLIC SCHOOL SYSTEM BY CONTACTING PEOPLE WITHIN THE SYSTEM WHO THE PRE-K HAVE LONG-STANDING RELATIONSHIPS WITH AND WHO HAVE ACCESS TO THAT INFORMATION. SECONDARILY, THE BOARD RELIES UPON CERTAIN PRE-K SENIOR STAFF TO CONDUCT OCCASSIONAL INFORMAL SURVEYS OF OTHER LOCAL PRE-SCHOOLS TO DETERMINE THE COMPENSATION RANGE OF EXECUTIVE DIRECTORS. THE COMPENSATION OF THE PRE-K EXECUTIVE DIRECTOR THEN FALLS WITHIN A RANGE BETWEEN THOSE PARAMETERS, BASED ON PERFORMANCE. THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS DETERMINED BASED UPON CRITERIA ESTABLISHED BY A SUBCOMMITTEE OF THE BOARD AND THE EXECUTIVE DIRECTOR AT THE BEGINNING OF THE PERFORMANCE CYCLE. ACTUAL PERFORMANCE IS CONSIDERED AGAINST THE ESTABLISHED PERFORMANCE CRITERIA AND INCREASES IN COMPENSATION ARE GIVEN ACCORDINGLY. IN MOST YEARS, THE BOARD SUBCOMMITTEE HAS A TOTAL PERCENTAGE INCREASE THAT IS POSSIBLE FOR THE EXECUTIVE DIRECTOR TO ATTAIN. THE PROPORTION OF THAT PERCENTAGE GIVEN AS AN INCREASE IS DIRECTLY RELATED TO THE RESULTS OF THE PERFORMANCE REVIEW. IN OTHER YEARS, AS A NON-PROFIT, THERE IS NO ADDITIONAL MONEY THAT CAN BE ALLOCATED TO SALARY INCREASES IRRESPECTIVE OF WHAT A PERFORMANCE REVIEW WOULD INDICATE. THIS FINANCIAL SITUATION IS GENERALLY KNOWN FAR IN ADVANCE BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE FOR PUBLIC INSPECTION ON THE GUIDESTAR WEBSITE AND UPON REQUEST. FORM 990, PART XII, LINE 2C: FORM 990 AND ANNUAL AUDIT IS REVIEWED BY THE BOARD AND EXECUTIVE DIRECTOR FOR ACCEPTANCE AND APPROVAL.