2024-05-14T14:11:04-05:00 2023-06-30 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2022-07-01 222433889 WARREN COUNTY COLLEGE FOUNDATION INC WARR 9088359222 475 ROUTE 57 WEST STE 208 WASHINGTON NJ 07882 SAMIR ELBASSIOUNY EXECUTIVE DIRECTOR 9088352355 2024-04-25 1 SAMIR ELBASSIOUNY 999009999 0 GLENN SCHWIER CPA P01306710 9733281825 2024-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SAMIR ELBASSIOUNY 475 ROUTE 57 WEST WASHINGTON NJ 07882 75076 0 X WCCCFOUNDATION.ORG X 1982 NJ TO ASSIST THE COUNTY COLLEGE IN GROWTH THROUGH SCHOLARSHIPS, PROGRAMS, AND FACILITIES TO ENHANCE EDUCATIONAL OPPORTUNITIES TO THOSE SEEKING POST-SECONDARY EDUCATION IN WARREN COUNTY. 17 17 0 17 0 0 31024 28415 0 0 56903 21623 0 0 87927 50038 664496 1250 0 0 0 0 0 0 0 68029 34382 732525 35632 -644598 14406 1059219 1112967 1247 0 1057972 1112967 WE SERVE TO CULTIVATE SUSTAINABLE CHARITABLE RESOURCES, SECURE PHILANTHROPIC GRANTS, SUPPORT CAPITAL NEEDS, AND PROVIDE EDUCATIONAL OPPORTUNITIES IN ORDER TO CONTRIBUTE TO THE HEALTH AND VITALITY OF OUR DIVERSE COMMUNITY OF LEARNERS. 0 0 1250 1250 ASSIST COUNTY COLLEGE IN GROWTH THROUGH SCHOLARSHIPS, PROGRAMS, AND FACILITIES TO ENHANCE EDUCATIONAL OPPORTUNITIES TO THOSE SEEKING POST-SECONDARY EDUCATION IN WARREN COUNTY. 1250 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 9088359222 475 ROUTE 57 WEST STE 208 WASHINGTON NJ 07882 DONNELL JOYCE CHAIR 2.00 X X 0 0 0 JENNIFER HARRISON VICE CHAIR 2.00 X X 0 0 0 MARY BETH HALL TREASURER 2.00 X X 0 0 0 RHONDA THOMAS-BOOTHE SECRETARY 2.00 X X 0 0 0 JOHN JOHNSON III TRUSTEE 2.00 X 0 0 0 DENNIS FLORENTINE TRUSTEE 2.00 X 0 0 0 HOLLY MACKEY TRUSTEE 2.00 X 0 0 0 DEBORAH MCKINLEY TRUSTEE 2.00 X 0 0 0 CRAIG NEIER TRUSTEE 2.00 X 0 0 0 DOUGLAS PHILIPSEN TRUSTEE 2.00 X 0 0 0 CRYSTAL PIELA TRUSTEE 2.00 X 0 0 0 STEVEN POMERANTZ TRUSTEE 2.00 X 0 0 0 ELIZABATH RAU TRUSTEE 2.00 X 0 0 0 MELVIN WARREN TREASURER 2.00 X 0 0 0 JENNIFER VORHIES TRUSTEE 2.00 X 0 0 0 BRENDA TITUS TRUSTEE 2.00 X 0 0 0 DAN INSCHO TRUSTEE 2.00 X 0 0 0 SAMIR ELBASSIOUNY EXECUTIVE DIRECTOR 2.00 X 0 81573 30367 0 81573 30367 0 0 0 0 0 25302 3113 28415 21623 21623 25038 25302 25038 0 50038 0 0 21623 1250 1250 244 244 DRONE PROGRAM 20740 20740 REAL ESTATE EXPENSES 7662 7662 DIRECTOR AND STAFF DEVE 3757 3757 COMMUNITY SUPPORT 1979 1979 35632 1250 34382 0 74451 68500 21472 18959 112000 0 112000 112000 851296 913508 1059219 1112967 1247 1247 0 X 458355 500041 599617 612926 1057972 1112967 1059219 1112967 14406 40589 0 X X 0 1 X 1 0 X 39797 181834 21447 31024 28415 302517 39797 181834 21447 31024 28415 302517 302517 16712 18998 15729 14795 21263 87497 390014 0.77570 0.79420 X 268892 9338 278230 278162 -9270 268892 278162 278162 262745 15417 278162 249270 13475 262745 0.00000 1.00000 0.00000 0 0 11200 11200 100800 100800 112000 X 115665 40589 25038 65627 50038 0 50038 60670 25038 25038 35632 0 35632 PART V, LINE 4: GENERALLY, THE DONORS OF THESE ASSETS PERMIT THE FOUNDATION TO USE ALL OF PART OF THE INCOME EARNED ON ANY RELATED INVESTMENTS FOR GENERAL OR SPECIFIC PURPOSES. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501 (A) OF THE CODE. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE PROVISIONS OF FASB ASC, INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION AS THEY RELATE TO THOSE TAX POSITIONS. THE FOUNDATION DOES NOT EXPECT A SIGNIFICANT INCREASE OR DECREASE TO THE TOTAL AMOUNTS OF UNRECOGNIZED TAX POSITIONS DURING THE YEARS ENDED JUNE 30, 2023 AND 2022. HOWEVER, THE FOUNDATION IS SUBJECT TO REGULAR AUDIT BY TAX AUTHORITIES. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS TAX RETURNS. NONETHELESS, THE AMOUNTS ULTIMATELY PAID, IF ANY, UPON RESOLUTION OF THE ISSUES RAISED BY THE TAXING AUTHORITIES MAY DIFFER MATERIALLY FROM THE AMOUNTS ACCRUED FOR EACH YEAR. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH THE FEDERAL AND STATE OF NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 25,038. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 25,038. HALL OF FAME EVENT 49340 24617 24723 24723 49340 24617 24723 24723 24723 0 FORM 990, PART VI, SECTION B, LINE 11B WARREN COUNTY COLLEGE FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C WARREN COUNTY COLLEGE FOUNDATION, INC. CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 WARREN COUNTY COLLEGE FOUNDATION, INC. MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 475 ROUTE 57 WEST SUITE 208 WASHINGTON, NJ 07882. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 475 ROUTE 57 WEST STE 208 WASHINGTON, NJ 07882. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR WARREN COUNTY COMMUNITY COLLEGE 475 ROUTE 57 WEST WASHINGTON NJ 07882 222376658 COUNTY COLLEGE NJ COUNTY COLLEGE LINE 6 NO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0