2024-09-25T15:07:04-05:00 2024-01-31 341897225 HILL BARTH & KING LLC 101 CRAWFORDS CORNER ROAD SUITE 2216 HOLMDEL NJ 07733 990 2023-02-01 221811616 BAYONNE ECONOMIC OPPORTUNITY FOUNDATION BAYO 2014377222 555 KENNEDY BLVD BAYONNE NJ 07002 MICHELLE E BYRD CHAIRMAN 2014377222 2024-09-19 1 0 KATHLEEN M CLAYTON CPA P01448135 7323818887 2024-09-19 2023 2024-08-08 14:25:15Z MICHELLE E BYRD 555 KENNEDY BLVD BAYONNE NJ 07002 4707887 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 63 460 0 0 5045665 4478165 273755 220000 409 95 0 -11677 5319829 4686583 0 0 0 0 3311142 3731494 0 0 23524 1278480 1528023 4589622 5259517 730207 -572934 2337792 2459835 691278 1386255 1646514 1073580 TO PROVIDE PROGRAMS GEARED PRIMARILY FOR LOW-INCOME CITIZENS, SENIOR CITIZENS AND HANDICAPPED RESIDENTS OF BAYONNE, NJ. 0 0 2152523 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 2023-24 SCHOOL YEAR THERE WERE 162 CHILDREN ENROLLED IN THE HEAD START PROGRAM, INCLUDING 9 CHILDREN WITH DISABILITIES. DURING THE YEAR THE PROGRAM RECEIVED $503,654 IN IN-KIND SUPPORT, INCLUDING RENT FROM BAYONNE CITY AND VARIOUS CONTRIBUTED EDUCATIONAL AND PROFESSIONAL SERVICES. 1830133 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 $978,908 IN IN-KIND SUPPORT 220000 220000 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. 4202656 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 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 1 55 0 63 1 0 0 0 0 0 1 1 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 SAMANTHA HOWARD EXECUTIVE DIRECTOR 37.50 X 184305 0 15950 ANTHONY SEGARRA CHIEF FINANCIAL OFFICER 37.50 X 160932 0 33006 MICHELLE E BYRD CHAIRMAN 1.00 X X 0 0 0 DENISE DORANS VICE CHAIRMAN 1.00 X X 0 0 0 CHESTER BANKS TREASURER 1.00 X X 0 0 0 KENNETH POESL TRUSTEE 1.00 X 0 0 0 HENRY PEREZ TRUSTEE 1.00 X 0 0 0 BARBARA PELLICCIO TRUSTEE 1.00 X 0 0 0 JACKIE FARBER TRUSTEE 1.00 X 0 0 0 THOMAS COUGHLIN TRUSTEE 1.00 X 0 0 0 JASMIN CARRILIO TRUSTEE 1.00 X 0 0 0 345237 0 48956 2 0 1 0 0 18000 4400044 60121 4478165 CONSULTING INCOME 900099 220000 220000 220000 95 95 7025 18000 20304 -13279 -13279 2602 1000 1602 1602 4686583 220000 0 -11582 345237 312296 27646 5295 2581883 1855283 723618 2982 551626 438799 112288 539 252748 201052 51449 247 43650 37193 6457 28736 24485 4251 408155 347780 60375 79607 73658 5949 27372 27372 40663 40663 151651 142094 9557 MATERIALS & SUPPLIES 393209 381777 11432 OTHER EXPENSES 354980 320204 20315 14461 5259517 4202656 1033337 23524 11135 37724 198231 321091 15931 20747 2013614 1642279 302924 371335 75261 83702 1734310 1625236 2337792 2459835 316992 483628 299025 818925 75261 83702 691278 1386255 X 1388771 822170 257743 251410 1646514 1073580 2337792 2459835 -572934 0 X X 0 1 X 1 1 1 X 3218598 3668361 3966288 5045665 4478165 20377077 3218598 3668361 3966288 5045665 4478165 20377077 20377077 488 722 1411 409 95 3125 0 37222 52959 149788 11746 251715 20631917 1307353 0.98760 0.98520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INSURANCE PROCEEDS - 2019 AMOUNT: $ 37,222. 2023 AMOUNT: $ 0. OTHER INCOME - 2020 AMOUNT: $ 52,959. 2021 AMOUNT: $ 149,788. 2022 AMOUNT: $ 11,746. 2023 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15119 15119 574934 338974 235960 1423561 1303305 120256 371335 CONSTRUCTION IN PROGRESS 1625236 1625236 457B PLAN DEFERRED COMPENSATION LIABILITY 83702 83702 6202691 1494804 21304 1516108 4686583 0 4686583 6775625 1494804 21304 1516108 5259517 0 5259517 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT REVENUE SHOWN NET OF EXPENSES 21,304. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT REVENUE SHOWN NET OF EXPENSES 21,304. 0 1 0 0 0 0 0 0 0 SAMANTHA HOWARD EXECUTIVE DIRECTOR 184305 0 0 0 0 0 0 0 15950 0 200255 0 0 0 ANTHONY SEGARRA CHIEF FINANCIAL OFFICER 160932 0 0 0 0 0 0 0 33006 0 193938 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.