2025-02-04T07:32:58-06:00 2024-08-31 010723685 DERMODY BURKE & BROWN CPAS LLC 443 N FRANKLIN ST STE 100 SYRACUSE NY 132041441 990 2023-09-01 222413804 THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION INC CAYU 3152948627 197 FRANKLIN STREET AUBURN NY 13021 KEVIN LAMONTAGNE PRESIDENT 3152948627 2025-01-31 1 0 TRAVIS C SMITH CPA P01526350 3154719171 2025-01-31 2023 2025-03-06 01:10:19Z GUY THOMAS CONSENTINO 197 FRANKLIN STREET AUBURN NY 13021 11921045 0 X CAYUGA-CC.EDU/GIVING/COLLEGE-FOUNDATION/ X 1982 NY ENHANCE AND PROVIDE ASSISTANCE FOR EDUCATIONAL AND OTHER PROGRAMS OF CAYUGA COMMUNITY COLLEGE. 19 18 2 42 0 0 3854956 554525 0 0 -115825 1482914 14110 19170 3753241 2056609 472697 713754 0 0 183588 186777 0 0 137699 198505 242541 854790 1143072 2898451 913537 21346117 24780094 12504 5755 21333613 24774339 TO ENHANCE AND PROVIDE ASSISTANCE FOR EDUCATIONAL AND OTHER RELATED PROGRAMS OF CAYUGA COMMUNITY COLLEGE. 0 0 474268 413754 19170 THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION, INC.'S PRIMARY FUNCTION IS TO PROVIDE FINANCIAL SUPPORT TO THE COLLEGE AND ITS STUDENTS. THE VAST MAJORITY OF AVAILABLE FUNDS GO TO STUDENT SCHOLARSHIPS. AWARDS ARE MADE BASED UPON ACADEMIC ACHIEVEMENT AND FINANICAL NEED. THE FOUNDATION BUILDS ITS ASSETS THROUGH ANNUAL GIVING, MEMORIAL GIFTS, PLANNED GIVING, AND BEQUESTS. DURING FISCAL YEAR 2024, THE FOUNDATION AWARDED 205 STUDENT SCHOLARSHIPS AND AWARDS. 300000 300000 TO ENHANCE THE PROGRAMS OF THE COLLEGE, THE FOUNDATION DISTRIBUTED $300,000 TO SUPPORT COLLEGE-RELATED SPECIAL PROJECTS AS FACULTY AND STAFF PROFESSIONAL DEVELOPMENT GRANTS. 774268 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 6 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X GUY THOMAS COSENTINO 3152948627 197 FRANKLIN STREET AUBURN NY 13021 KEVIN LAMONTAGNE PRESIDENT 2.00 1.00 X X 0 0 0 ALIZA QUERNS VICE PRESIDENT 2.00 0.50 X X 0 0 0 DAVID VERDI TREASURER 2.00 1.00 X X 0 0 0 TIMOTHY RICE SECRETARY 1.00 0.50 X X 0 0 0 PATRICIA CALLAHAN FORMER MEMBER 1.00 X 0 0 0 JOHN CALLAHAN DIRECTOR 0.50 X 0 0 0 DR BRIAN DURANT DIRECTOR 0.50 X 0 0 0 GAIL HOMICK HERRLING DIRECTOR 0.50 X 0 0 0 DOUGLAS KINNEY DIRECTOR 0.50 X 0 0 0 PAMELA KIRKWOOD FORMER MEMBER 0.50 X 0 0 0 DAVID MAMUSCIA FORMER MEMBER 0.50 X 0 0 0 LORAINE MILLER DIRECTOR 0.50 X 0 0 0 MARK SOUTHWICK DIRECTOR 0.50 X 0 0 0 AMANDA STANKUS DIRECTOR 0.50 X 0 0 0 MEGHAN STAPLETON STEENBURGH DIRECTOR 0.50 X 0 0 0 MICHAEL FRAME DIRECTOR 0.50 X 0 0 0 STEPHANIE HUTCHINSON DIRECTOR 0.50 X 0 0 0 JULIE MAZZOLI DIRECTOR 0.50 X 0 0 0 BLAKE TURNER ASST. TREASURER 0.50 X X 0 0 0 JOHN LATANYSHYN FORMER MEMBER 0.50 0.50 X 0 0 0 DARRYL CLARK DIRECTOR 0.50 X 0 0 0 DR DENNIS GOLLADAY DIRECTOR 0.50 X 0 0 0 GUY THOMAS COSENTINO EXECUTIVE DIRECTOR 40.00 3.00 X 94813 0 10585 94813 0 10585 0 0 0 0 0 195955 358570 554525 480598 480598 10866752 9864436 1002316 1002316 1002316 CRAFT FAIR BOOTH INCOME 900099 19170 19170 19170 2056609 19170 0 1482914 300000 300000 413754 413754 113294 56647 56647 54007 21002 33005 7320 3013 4307 12156 5496 6660 4650 4650 22098 22098 64379 64379 2225 2225 63352 36034 27318 1943 1943 11378 11378 5347 5347 EVENT EXPENSES 30772 30772 FOOD TRUCK RODEOS 24480 24480 MISCELLENOUS EXPENSE 6308 6308 DUES, MEMBERSHIPS, & L 5609 5609 1143072 774268 231105 137699 62202 189540 34642 18212 28143 28143 17550368 19454701 3670762 5089498 21346117 24780094 12504 5755 12504 5755 X 3134795 3222021 18198818 21552318 21333613 24774339 21346117 24780094 X 913537 1108453 1418736 X X 0 1 X 1 0 X 467468 341907 356051 3854956 554525 5574907 5460 5460 5460 5460 5460 27300 472928 347367 361511 3860416 559985 5602207 3139051 2463156 465563 290216 355804 488647 480598 2080828 4010 14110 19170 37290 7720325 1119937 0.31900 0.33890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CRAFT FAIR BOOTH INCOME - 2021 AMOUNT: $ 4,010. 2022 AMOUNT: $ 14,110. 2023 AMOUNT: $ 19,170. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8967457 281997 1512925 680871 -1369932 11451440 8868208 100552 595433 596736 8967457 10156805 227502 -852029 669786 -5716 8868208 15140434 742939 1705312 463360 6968520 10156805 14123543 453961 1200808 293259 344619 15140434 0.22190 0.35020 0.42790 0 0 0 BENEFICIAL INTEREST IN PERPETUAL TR 5089498 5089498 X PART V, LINE 4: TO EARN RETURNS THAT KEEP PACE WITH OR EXCEED INFLATION OVER THE LONG-TERM WHILE PROVIDING A SUBSTANTIAL AND MODERATELY STABLE SOURCE OF INCOME TO THE FOUNDATION FOR ITS PROGRAMS. THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS IS FOR SCHOLARSHIPS, MEMORIAL AWARDS, CAMPUS IMPROVEMENTS, EQUIPMENT, AND OTHER GRANTS. PART X, LINE 2: THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION, INC. HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A). MANAGEMENT IS UNAWARE OF ANY UNRELATED BUSINESS ACTIVITIES THAT MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX OR ANY ACTIVITIES THAT WOULD JEOPARDIZE THE FOUNDATION'S EXEMPT STATUS. PART V, LINE 1E THREE YEARS BACK IN 2021, MANAGEMENT REVIEWED THE RESTRICTIONS OF CERTAIN FUNDS AND DETERMINED THAT SOME FUNDS WERE IMPROPERLY CLASSIFED AS ENDOWED. AS A RESULT, $6,959,859 WAS REPORTED ON LINE 1E TO REFLECT THE FUNDS THAT ARE NOT ACTUALLY ENDOWED. PART V, LINE 1E CURRENT YEAR IN 2024, MANAGEMENT RECEIVED CLARIFICATION OF CERTAIN FUNDS AND IT WAS DETERMINED THAT SOME FUNDS WERE IMPROPERLY CLASSIFED AS NON-ENDOWED. MANGEMENT TRANSFERS THE FUNDS TO THE ENDOWMENT FUND. 1 CAYUGA COMMUNITY COLLEGE 197 FRANKLIN ST AUBURN NY 13021 156007451 501(C)(3) 300000 0 EQUIPMENT, CAMPUS IMPROVEMENT, AND OTHER GRANTS 1 STUDENT SCHOLARSHIPS & AWARDS 205 413754 PART I, LINE 2: THE FOUNDATION, WHOSE MISSION IS TO ENHANCE AND PROVIDE ASSISTANCE FOR EDUCATIONAL AND OTHER RELATED PROGRAMS OF CAYUGA COMMUNITY COLLEGE, AWARDS GRANTS TO CAYUGA COMMUNITY COLLEGE AS REQUESTED. ALL REQUESTS FROM THE SUPPORTED ORGANIZATION ARE REVIEWED AND APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS. THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS OF CAYUGA COMMUNITY COLLEGE BASED ON APPLICATIONS SUBMITTED BY STUDENTS, AWARDEES ARE CHOSEN EITHER BY COMMITTEES OF THE BOARD OF DIRECTORS OF THE FOUNDATION OR INDEPENDENT COMMITTEES, AS PRESCRIBED BY DONOR RESTRICTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATION'S AUDIT/FINANCE COMMITTEE WHO VOTES TO RECOMMEND TO THE BOARD OF DIRECTORS THAT IT BE APPROVED. THE BOARD OF DIRECTORS IS THEN PROVIDED WITH THE FORM 990 AND VOTES TO APPROVE OF ITS FILING BASED ON ITES OWN REVIEW AND THE AUDIT/FINANCE COMMITTEE'S RECOMMENDATION. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS MUST DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS, AND THE NATURE THEREOF, TO THE PRESIDENT OF THE CORPORATION ANNUALLY, OR AS SUCH SITUATIONS MAY ARISE. DISCLOSURES MAY ALSO BE MADE TO THE BOARD AS A WHOLE OR TO THE AUDIT/FINANCE COMMITTEE. THE CORPORATION SHALL DOCUMENT THE EXISTENCE AND THE RESOLUTION OF ANY AND ALL CONFLICTS IN ITS CORPORATE RECORDS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR INCLUDES A REVIEW AND RECOMMENDATION FOR APPROVAL BY THE PERSONNEL COMMITTEE, WHICH CONSISTS OF ALL INDEPENDENT DIRECTORS, AND ULTIMATE APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUST 1,418,736. FORM 990, PART XII, LINE 2C THE FOUNDATION DID NOT CHANGE ITS OVERSIGHT PROCESS OF THE AUDIT OF ITS FINANCIAL STATEMENTS OR THE SELECTION OF AN INDEPENDENT AUDITOR. CFRG NEWCO INC 197 FRANKLIN STREET AUBURN NY 13021 842831967 ACQUIRE AND HOLD REAL PROPERTY FOR THE BENEFIT OF THE FOUNDATION DE 501(C)(3) LINE 12A, I THE CAYUGA COUNTY COMMUNITY COLLEGE FOUNDATION INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CFRG NEWCO INC C 167625 CASH