2023-08-07T18:31:41-05:00 2023-01-31 341897225 HILL BARTH & KING LLC 101 CRAWFORDS CORNER ROAD SUITE 2216 HOLMDEL NJ 07733 990 2022-02-01 221811616 BAYONNE ECONOMIC OPPORTUNITY FOUNDATION BAYO 2014377222 555 KENNEDY BLVD BAYONNE NJ 07002 MICHELLE E BYRD CHAIRMAN 2014377222 2023-07-17 1 MICHELLE BYRD 999009999 0 KATHLEEN M CLAYTON CPA P01448135 7323818887 2023-07-17 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE E BYRD 555 KENNEDY BLVD BAYONNE NJ 07002 5319829 0 X HTTP://WWW.BEOF.ORG X 1965 NJ TO PROVIDE SERVICES TO LOW-INCOME CITIZENS, SENIOR CITIZENS AND HANDICAPPED RESIDENTS OF BAYONNE, NJ THROUGH VARIOUS PROGRAMS SUCH AS HEADSTART, NUTRITION, MEALS ON WHEELS, WEATHERIZATION, TRANSPORATION AND COMMUNITY OUTREACH. 9 9 75 72 0 0 3966288 5045665 412343 273755 1411 409 10385 0 4390427 5319829 0 0 0 0 3024495 3311142 0 0 13052 1047809 1278480 4072304 4589622 318123 730207 2385973 2337792 1469666 691278 916307 1646514 TO PROVIDE PROGRAMS GEARED PRIMARILY FOR LOW-INCOME CITIZENS, SENIOR CITIZENS AND HANDICAPPED RESIDENTS OF BAYONNE, NJ. 0 0 2224973 TO EMPOWER FAMILIES AND NURTURE AND EDUCATE YOUNG CHILDREN BETWEEN THE AGES OF 3 AND 5. THE PROGRAM IS A COMPREHENSIVE MEDICAL, DENTAL, PSYCHOLOGICAL, NUTRITIONAL AS WELL AS EDUCATIONAL PROGRAM. BEOF HEAD START PARTNERS WITH COMMUNITIES OF UNDERPRIVILEGED CHILDREN IN BAYONNE, NJ. TO ADDRESS THE NEEDS OF SPECIAL NEEDS CHILDREN, THE BEOF OFFERS AN ON-SITE INCLUSION PROGRAM IN COOPERATION WITH THE BAYONNE BOARD OF EDUCATION. DURING THE 2022-23 SCHOOL YEAR THERE WERE 104 CHILDREN ENROLLED IN THE HEAD START PROGRAM, INCLUDING 11 CHILDREN WITH DISABILITIES. DURING THE YEAR THE PROGRAM RECEIVED $428,519 IN IN-KIND SUPPORT, INCLUDING RENT FROM BAYONNE CITY AND VARIOUS CONTRIBUTED EDUCATIONAL AND PROFESSIONAL SERVICES. 1147803 273755 TO PROVIDE ASSISTANCE TO LOW-INCOME INDIVIDUALS AND FAMILIES IN NEED. SOME OF THE OTHER SERVICES OFFERED TO ELIGIBLE RESIDENTS OF BAYONNE CITY INCLUDE: WEATHERIZATION ASSISTANCE, ENERGY ASSISTANCE, NUTRITIOUS MEALS SERVED AT TWO NUTRITION SITES, MEALS-ON-WHEELS, TRANSPORTATION FOR ELDERLY AND/OR HANDICAPPED RESIDENTS, HOMELESS PREVENTION, FAIR HOUSING, AND COMMUNITY OUTREACH. DURING THE YEAR THE PROGRAM RECEIVED $799,669 IN IN-KIND SUPPORT 158926 ADMINISTER AND FACILITATE THE CITY OF BAYONNE'S COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM.PROVIDING A ZERO INTEREST DEFERRED LOAN FOR LOW TO MODERATE INCOME HOME OWNERS TO MAKE CODE, HEALTH AND SAFETY REPAIRS TO OWNER OCCUPIED HOUSES.THE MAJORITY OF THE HOMES IN BAYONNE ARE MORE THAN 50 YEARS OLD, THIS BENEFICIAL SERVICE IS AN INVESTMENT HOME AND THE CITY SAFER AS WELL AS SUCCESSFULLY PROVIDING A BETTER QUALITY OF LIFE. 3531702 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 44 0 75 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X SAMANTHA HOWARD 2014377222 555 KENNEDY BLVD BAYONNE NJ 07002 ANTHONY TIMPANARO CHAIRMAN 1.00 X X 0 0 0 BARBARA PELLICCIO VICE CHAIRMAN 1.00 X X 0 0 0 DENISE DORANS TREASURER 1.00 X X 0 0 0 NALLELI WILLMORE SECRETARY 1.00 X X 0 0 0 KENNETH POESL TRUSTEE 1.00 X 0 0 0 MICHELLE E BYRD TRUSTEE 1.00 X 0 0 0 CHESTER BANKS TRUSTEE 1.00 X 0 0 0 SHANIQUA BORDERS TRUSTEE 1.00 X 0 0 0 HENRY PEREZ TRUSTEE 1.00 X 0 0 0 SAMANTHA HOWARD EXECUTIVE DIRECTOR 37.50 X 183104 0 33006 ANTHONY SEGARRA CHIEF FINANCIAL OFFICER 37.50 X 147211 0 15950 330315 0 48956 2 0 0 0 BILLY CONTRACTING & RESTORATION INC 67 DANFORTH AVE PATERSON NJ 07501 CONSTRUCTION CONTRACTOR 1190156 1 4983317 62348 5045665 NUTRITION INCOME 900099 262418 262418 OTHER PROGRAM REVENUE 900099 11337 11337 273755 409 409 5319829 273755 0 409 330315 270858 59457 2210343 1536607 671315 2421 555763 429391 126142 230 214721 161041 53680 295241 295241 10500 10500 27296 27296 12781 12781 22635 22635 172680 161589 11091 12207 12207 13085 13085 30638 30638 120744 110781 9963 MATERIALS & SUPPLIES 320185 305238 4546 10401 OTHER EXPENSES 240488 169610 70878 4589622 3531702 1044868 13052 5541 11135 1368392 179242 198231 18662 15931 1904542 1601618 296888 302924 82168 75261 435080 1734310 2385973 2337792 123694 316992 1110879 152925 299025 82168 75261 1469666 691278 X 525938 1388771 390369 257743 916307 1646514 2385973 2337792 730207 0 X X 0 1 X 1 1 1 X 3250961 3218598 3668361 3966288 5045665 19149873 3250961 3218598 3668361 3966288 5045665 19149873 19149873 269 488 722 1411 409 3299 33564 37222 52959 149788 11746 285279 19438451 1410314 0.98520 0.98440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2019 AMOUNT: $ 37,222. OTHER INCOME - 2018 AMOUNT: $ 33,564. 2020 AMOUNT: $ 52,959. 2021 AMOUNT: $ 149,788. 2022 AMOUNT: $ 11,746. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15119 15119 33652 23185 10467 541282 301214 240068 1023411 986141 37270 291078 291078 0 302924 CONSTRUCTION IN PROGRESS 1734310 1734310 457B PLAN DEFERRED COMPENSATION LIABILITY 75261 75261 X 6451238 1131409 1131409 5319829 0 5319829 5721031 1131409 1131409 4589622 0 4589622 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINDED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD FOR THE YEAR ENDED JANUARY 31, 2023. 0 1 0 0 0 0 0 0 0 SAMANTHA HOWARD EXECUTIVE DIRECTOR 183104 0 0 0 0 0 0 0 33006 0 216110 0 0 0 ANTHONY SEGARRA CHIEF FINANCIAL OFFICER 147211 0 0 0 0 0 0 0 15950 0 163161 0 0 0 PART I, LINE 4B SAMANTHA HOWARD FORM 990, PART VI, SECTION B, LINE 11B 990 IS PRESENTED TO THE BOARD AT A MONTHLY MEETING FOR REVIEW ALONG WITH THE AUDITED FINANCIAL STATEMENTS. ANY QUESTIONS ARE FULLY EXPLAINED. ONCE BOARD APPROVES THE FORM 990 IT IS FILED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL MEETING ALL PERTINENT DATA IS DISCUSSED AND ENFORCED. FORM 990, PART VI, SECTION B, LINE 15 BOARD REVIEWS COMPENSATION PACKAGE TO DETERMINE IF IT IS COMPARABLE TO LIKE SALARIES IN THE INDUSTRY. RESOLUTION IS ADOPTED BY THE MEMBERS FOR EXECUTIVE DIRECTOR SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE EXECUTIVE DIRECTOR. FORM 990 PART XI THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY AND OVERSIGHT FOR THE ANNUAL AUDIT. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR.