2023-12-13T13:16:12-06:00 2023-06-30 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2022-07-01 222133029 MERCER COUNTY COMMUNITY COLLEGE FOUNDATION MERC 6095864800 1200 OLD TRENTON ROAD WEST WINDSOR NJ 08550 MARK BANYACSKI ACTING VP FOR FINANCE & ADMIN 6095864800 2023-12-13 1 MARK BANYACSKI 999009999 0 AUDREY E WEST CPA P01980369 6096899700 2023-12-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIELA PHAYME 1200 OLD TRENTON ROAD WEST WINDSOR NJ 08550 7594298 0 X WWW.MCCC.EDU/FOUNDATION X 1976 NJ ESTABLISH AND CARRYOUT ENRICHMENT ACTIVITIES THAT SUPPORT THE MISSION OF MERCER COUNTY COMMUNITY COLLEGE AND THE COMMUNITY IT SERVES. 23 23 0 25 0 0 648180 737205 0 0 1188856 234169 -22562 -89700 1814474 881674 650627 563941 0 0 0 0 0 0 44907 151760 121990 802387 685931 1012087 195743 13635762 14658702 451698 419785 13184064 14238917 ESTABLISH AND CARRYOUT ENRICHMENT ACTIVITIES THAT SUPPORT THE MISSION OF MERCER COUNTY COMMUNITY COLLEGE AND THE COMMUNITY IT SERVES. 0 0 563941 563941 THE FOUNDATION PROVIDES SUPPORT FOR MERCER COUNTY COMMUNITY COLLEGE'S VARIOUS PROGRAMS (SCHOLARSHIPS, COLLEGE SPORTS, EDUCATIONAL) FOR ITS STUDENTS, FACULTY AND SURROUNDING COMMUNITY INCLUDING WWFM, THE CLASSICAL NETWORK AND KELSEY THEATRE AND THE VARIOUS SUPPORTING COSTS ASSOCIATED WITH THE PROGRAMS. 563941 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X X MARK BANYACSKI ACTING VICE PRESIDENT FOR FINANCE & ADMINISTRATION 6095864800 1200 OLD TRENTON ROAD WEST WINDSOR NJ 08550 DAN KLIM CHAIR 1.00 X X 0 0 0 BOB HUMES 1ST VICE CHAIR 1.00 X X 0 0 0 TY ROBINSON 2ND VICE CHAIR 1.00 X X 0 0 0 DANIELA PHAYME TREASURER 1.00 X X 0 0 0 HERB AMES DIRECTOR 1.00 X 0 0 0 KALYAN ANUMULA DIRECTOR 1.00 X 0 0 0 BRIAN BENNETT DIRECTOR 1.00 X 0 0 0 LORI DANKO DIRECTOR 1.00 X 0 0 0 HENDRICKS DAVIS DIRECTOR 1.00 X 0 0 0 RANDY HANKS DIRECTOR 1.00 X 0 0 0 KATHY KLOCKENBRINK DIRECTOR 1.00 X 0 0 0 DR SAVITA LACHMAN DIRECTOR 1.00 X 0 0 0 CESAR MARROQUIN DIRECTOR 1.00 X 0 0 0 LINDA MARTIN DIRECTOR 1.00 X 0 0 0 DIEGO MAYA DIRECTOR 1.00 X 0 0 0 DEB MILLAR DIRECTOR 1.00 X 0 0 0 THOMAS ONDER DIRECTOR 1.00 X 0 0 0 JEFFREY F PERLMAN DIRECTOR 1.00 X 0 0 0 MICHAEL PROCACCINI DIRECTOR 1.00 X 0 0 0 DR AAMIR REHMAN DIRECTOR 1.00 X 0 0 0 ALLEN M SILK DIRECTOR 1.00 X 0 0 0 PAULA W TAYLOR DIRECTOR 1.00 X 0 0 0 MELISSA TENZER DIRECTOR 1.00 X 0 0 0 DR DEBORAH PRESTON MCCC PRESIDENT (APRIL 2023 - PRESENT) 20.00 40.00 X 0 109635 55698 DR JIANPING WANG EDD MCCC PRESIDENT (UNTIL APRIL 2023) 20.00 40.00 X 0 136063 45839 JOSEPH T CLAFFEY EXECUTIVE DIRECTOR AND SEC 15.00 25.00 X 0 136546 36705 0 382244 138242 0 0 1 0 0 146627 590578 23000 737205 429947 429947 6384671 6580449 -195778 -195778 -195778 42475 146627 132175 -89700 -89700 881674 0 0 144469 563941 563941 63390 63390 1800 1800 11893 11893 REIMBURSEMENT OF EXPENS 44907 44907 685931 563941 77083 44907 244274 209614 1397128 907459 5000 32714 2000 2000 11987360 13506915 13635762 14658702 22500 41382 429198 378403 451698 419785 X 3310938 3641918 9873126 10596999 13184064 14238917 13635762 14658702 195743 859110 0 X X 0 1 X 1 0 X 517968 692213 783199 648180 737205 3378765 517968 692213 783199 648180 737205 3378765 288192 3090573 304799 273778 296138 353535 429947 1658197 133231 133231 5170193 0.59780 0.59750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENT INCOME - 2018 AMOUNT: $ 133,231. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5426822 713783 362328 508860 5994073 4903935 638291 341105 479170 5426822 4575458 636628 290350 598501 4903935 4254929 648973 248341 576785 4575458 4132774 1124989 127565 1130399 4254929 0.27140 0.57823 0.15037 0 0 0 DUE TO MERCER COUNTY COMMUNITY COLLEGE 378403 378403 X 2002164 859110 192595 132175 1183880 818284 63390 63390 881674 947311 192595 132175 324770 622541 63390 63390 685931 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE PT V, LINE 4 THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 4 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT FUNDS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE FOUNDATION'S BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. DINNER DANCE 86562 72787 13775 44695 16781 GOLF OUTING 62495 46220 16275 22564 160 1 40045 27620 12425 38766 9209 189102 146627 42475 106025 26150 132175 -89700 1 MERCER COUNTY COMMUNITY COLLEGE 1200 OLD TRENTON ROAD WEST WINDSOR NJ 08550 221804242 GOVERNMENT ENTITY 540941 23000 FMV SPRINTER AMBULANCE&EQUIPMENT ($13,000)1996 KAWAII GRAND PIANO GE-2 ($10,000) SCHOLARSHIPS 1 PART I, LINE 2: SCHOLARSHIP GRANTS ARE AWARDED, THE COLLEGE CREDITS THE AWARDED AMOUNT TO THE STUDENT'S ACCOUNT, THE ACCOUNT STATEMENT IS THEN SUBMITTED TO THE FOUNDATION AND THE FOUNDATION PAYS THE AWARD TO THE COLLEGE. 0 0 0 0 0 0 0 0 0 DR JIANPING WANG EDD MCCC PRESIDENT (UNTIL APRIL 2023) 0 136063 0 0 0 0 0 25031 0 20808 0 181902 0 0 JOSEPH T CLAFFEY EXECUTIVE DIRECTOR AND SEC 0 136546 0 0 0 0 0 11359 0 25346 0 173251 0 0 DR DEBORAH PRESTON MCCC PRESIDENT (APRIL 2023 - PRESENT 0 109635 0 0 0 0 0 38450 0 17248 0 165333 0 0 PART 1 LINE 3 PRESIDENT HAS A WRITTEN EMPLOYMENT CONTRACT, WHICH INCLUDES BOTH COMPENSATION AND BENEFITS, THAT IS APPROVED BY THE COLLEGE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION FOLLOWS THE WRITTEN CONFLICT OF INTEREST POLICY INSTITUTED BY MERCER COUNTY COMMUNITY COLLEGE. THE FOUNDATION REVIEWS ANY POTENTIAL CONFLICTS ANNUALLY AT THE BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 15: THERE WAS NO COMPENSATION PAID BY THE ORGANIZATION. ALL EMPLOYEES ARE EMPLOYEES OF THE COLLEGE AND COMPENSATED BY THE COLLEGE. CERTAIN DIRECT COSTS RELATED TO SALARIES ARE CHARGED TO THE FOUNDATION FROM THE COLLEGE. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON THE WEBSITE AT HTTP://WWW.MCCC.EDU/FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND ALL FINANCIAL STATEMENTS OF THE FOUNDATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND THE WEBSITE HTTP://WWW.MCCC.EDU/FOUNDATION. MERCER COUNTY COMMUNITY COLLEGE 1200 OLD TRENTON ROAD WEST WINDSOR NJ 08550 221804242 COLLEGE NJ GOVERNMENT 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0